Robert Way Introduction Coinbase (NASDAQ:COIN) is by far the largest U.S. publicly traded company exposed to crypto assets. Being the dominating crypto exchange in the world’s largest economy provides COIN with a robust brand which allows to attract new users at an impressive pace. The company’s financial performance is still highly volatile, but as the…
janiecbros/E+ via Getty Images Introduction Evolv Technologies Holdings, Inc. (NASDAQ:EVLV), a micro-cap play on AI-based weapon detection, hasn’t done a great deal of good for its long-standing shareholders since it got listed back in July 2021. For context, whilst other micro-caps have managed to generate returns of nearly 29% since EVLV went public, our focus…
Adam Gault/OJO Images via Getty Images Introduction British American Tobacco (NYSE:BTI) caught my attention due to its especially high dividend yield, so I wanted to take a look at the company’s financials and give some opinion on why the shares might be trading at such depressed levels, and why it may continue for a while…
BalkansCat After falling precipitously in 2022 and 2023, The Estée Lauder Companies Inc.’s (NYSE:EL) share price has somewhat stabilized in recent months. With EL stock now trading at levels last seen in 2019, it might seem now is a good time to buy. Data by YCharts The contrarian thesis for EL is also supported by…
lechatnoir The US stock market has defied Wall Street strategists’ opinions that were somewhat gloomy at the start of the year. Driven by the Mag 7, through March 8, the S&P 500 is up close to 8%, not including dividends, outpacing the Nasdaq 100 ETF (QQQ) and domestic small and mid-caps. The strong move through…
bauhaus1000/iStock Unreleased via Getty Images Goodyear Tire & Rubber Co. (NASDAQ:GT) is an iconic American tire company, and it is also well known for its blimps. The company offers tires under the Goodyear brand, as well as under the Dunlop and Kelly brand names. The shares recently plunged after the company released earnings, and it…
ergint prtma/iStock via Getty Images Chocolate makes people happy. It is sweet, smooth, and melts in your mouth. The rich taste comes from cocoa beans that grow on trees (mostly in West Africa. However, you’ll being paying a lot more for your favorite candies in 2024, due to unprecendated weather and disease issues in Ivory…
SolStock In this current environment, it may not dawn on you that some of the more attractive prospects out there could be companies that would be counterintuitive. Furniture and similar goods, for instance, are not exactly the kinds of items that are in high demand when the economy is faced with high interest rates aimed…
garett_mosher Starbucks Corporation (NASDAQ:SBUX) hasn’t been participating in the upside rebound of the overall broader market indexes over the last four months. Instead, shares of the coffee chain have been moving mostly sideways. Over the last six months, it’s been even more noticeable in terms of the divergence of SBUX relative to (SPY) and even…
Robert vt Hoenderdaal/iStock Editorial via Getty Images The following segment was excerpted from this fund letter. Rentokil (NYSE:RTO) A dramatic 30% share price fall in reaction to a profit warning at Rentokil triggered Chris’s efforts to underwrite the pest control opportunity. In the merger integration with Terminix, one of the leading brands in the US…
Michael M. Santiago High-end retailers are often at a premium, despite the supply chain being difficult to manage. Among the companies trying to modernize their supply lines is Macy’s Inc. (NYSE: M). They will be the subject of today’s analysis. A company of 722 stores, they are understandably a highly seasonal business, with a lot…
Alvin Man Introduction Down over 50% since 2019, American Airlines (NASDAQ:AAL) stock price has been in a downward spiral. While it has never truly rebounded in price since the onset of the COVID-19 pandemic, the business is booming. So what is causing this disconnect, and is it an opportunistic time to invest? Operations Booming, Stock…
helen89 The Q3 earnings season for the restaurant industry saw mixed results overall, with weak quarters from several casual dining brands like Applebee’s (DIN), Cracker Barrel (CBRL), and Bloomin’ Brands (BLMN), offset by strong quarters from Restaurant Brands International (QSR), Chipotle (CMG), and Wingstop (WING). Fortunately, BJ’s Restaurants (NASDAQ:BJRI) was one of the better-performing names…
Solana’s network activity has surged significantly and the current drop in the SOL price could be short-lived leading to a trend reversal soon. Amid strong sell-off in the broader cryptocurrency market, Ethereum Layer-1 competitor Solana is also facing some selling pressure. In the last 24 hours, the Solana (SOL) price has tanked by over 3%…
Olivier Le Moal The Q3 Earnings Season for the precious metals sector is finally over, and one of the more recent companies to report its results was MAG Silver (NYSE:MAG). Unlike most other Mexican silver producers, MAG reported 60% plus all-in sustaining cost margins [AISC] and positive earnings despite the impact of a rising Mexican…
M. Suhail The Q3 Earnings Season for the restaurant industry is finally over and the results were mixed overall, with weaker reports out of names like Dine Brands (DIN) and Cracker Barrel (CBRL) offset by continued sales momentum for industry leaders like Restaurant Brands International (QSR) and Chipotle (CMG). Fortunately, share-price performance following the reports…
jimfeng Investment thesis Canadian Pacific Kansas City Limited (NYSE:CP) is poised to see improved growth as clients realize the value proposition of the combined CP KCS railroad system and the company benefits from revenue synergies from the merger. Further, nearshoring trends, recovery in automotive and potash markets, bottoming of housing market and market share gains…
mphillips007 Introduction It’s time to talk about homebuilders! In this case, the largest homebuilder in the U.S., with a focus on lower-priced homes, which is the sweet spot in this market. That company is D.R. Horton (NYSE:DHI), which recently released its earnings and saw a huge bounce in its stock price as investors started betting…
Oasys recently formed a strategic alliance with Adventure Gold DAO (AGLD DAO). This collaboration aims to improve the world of fully on-chain games while also supporting the growth of Autonomous Worlds. Oasys, a game-optimized blockchain that utilizes Ethereum’s Layer-2 scaling solution, has announced a strategic partnership with Singularity, a cross-chain payment solution. This alliance is…
Julian Prizont-Cado/iStock Editorial via Getty Images It has been a year since I wrote a cautious initiation article on The Marcus Corporation (NYSE:MCS). I was worried that a ‘new normal’ in movie theatre attendance may lead to permanently lower profitability in MCS’ theatres. So far, MCS’ stock price has done basically nothing in the past…
Analysts expect 10-20% of the Gold ETF money moving into Bitcoin post the BlackRock ETF approval i.e. $12 billion to $14 billion worth of inflows in BTC. The entire crypto community remains excited regarding the approval of the spot Bitcoin ETF, with huge expectations ahead from BlackRock. This is because it would trigger a new…
phive2015 Investment Thesis Illinois Tools Work’s (NYSE:ITW) revenue growth should benefit from strength in its end markets like Automotive OEM and Food and Equipment, the Chinese economy reopening gaining momentum, new product innovation, and market share gains which should more than offset the weakness in end markets like Semiconductors and Welding. Beyond 2023, the company’s…
jetcityimage Just over a year ago, I wrote on Jack in the Box (NASDAQ:JACK), noting that while the stock was becoming more reasonably valued, it was still hard to justify paying up for the stock at $75.00 given the difficult macro environment. Since then, we’ve seen JACK underperform the S&P 500 (SPY) by over 3000…
gremlin TD SYNNEX (NYSE:SNX) is a solutions aggregator for the IT ecosystem. Since my last report, the stock hasn’t moved a lot; it is trading around the same level. It recently announced its Q3 FY23 results, and I will analyze the results in this report. I think there might be a slight correction from the…
gremlin/E+ via Getty Images Realty Income Corporation (NYSE:O) is perhaps the most popular blue-chip real estate investment trust, or REIT, that pays a monthly dividend for income-thirsty investors. We have been closely watching the stock looking for a tactical entry point for long-term investment. Let us say that this stock offers investors an attractive current…
The day’s trading was marked by mediocrity, with the European markets generally treading water before closing in the red. European markets endured a challenging day on Wednesday, with the region’s benchmark, the Stoxx Europe 600 (INDEXSTOXX: SXXP), closing at its lowest level since March 28, according to data from LSEG. Lingering concerns over inflation and…
SDI Productions Investment Thesis Stride Inc. (NYSE:LRN) has been performing very well recently so, I decided to look into the company’s financials and look into its outlook going forward and whether it is a good time to invest. It seems like the company is serving the niche very well and the management is doing a…
da-kuk Overview The US dollar is trading with a slightly heavier tone in the European morning. It has stalled in front of JPY145.90, where the BOJ intervened last September and ahead of CNY7.30, which some observers think Chinese officials are defending. We are less convinced that either central bank has drawn a line at a…
John Touscany/iStock Editorial via Getty Images Kirby Corporation (NYSE:KEX) operates domestic tank barges. It operates in two segments Marine Transportation and Distribution and Services. In the marine transportation segment, they offer marine transportation service and transports petrochemicals and refined petroleum products. In the distribution and services segment, they offer after-market service and sell authentic replacement…
fotosipsak Summary Following my coverage on Hubbell Inc (NYSE:HUBB), which I recommended a hold rating (close off any short positions) due to HUBB’s increased profit outlook and the closure of its valuation vs. the S&P 500. This post is to provide an update on my thoughts on the business and stock. I continue to give…