JHVEPhoto Shares of Chubb (NYSE:CB) have been a solid performer over the past year, rising 36%, and currently sitting near an all-time high as strong underwriting and elevated rates have combined to support strong profitability. Since rating shares a strong buy in October, shares have largely kept pace with the market rally, returning about 20%….
andresr Introduction Regency Centers Corporation (NASDAQ:REG) has underperformed the Vanguard Real Estate Index Fund ETF Shares (VNQ) in 2024, with investors potentially disappointed by the slowdown in net operating income growth projected for this year: Regency Centers relative to VNQ, YTD (Seeking Alpha) I see the pullback as a buying opportunity, considering the high single-digit…
metamorworks The following segment was excerpted from this fund letter. Calumet Specialty Products Partners (NASDAQ:CLMT) We recently initiated an investment in Calumet in the event-driven portfolio. Calumet fits firmly within the “moderate risk, high reward” bucket of our portfolio for reasons that will be apparent. Calumet is a refining and specialty chemical company with three…
buzbuzzer/iStock via Getty Images Regency Centers (NASDAQ:REG) shares rose by 8% in 2023, significantly lagging the S&P 500 while also avoiding declines seen in some real estate stocks. Assuming interest rates do not sharply rise, 2024 should see stronger relative performance. With strong dividend coverage and favorable fundamentals, REG is an attractive investment for income-oriented…
HABesen/iStock Editorial via Getty Images Shares of State Street (NYSE:STT) rallied a bit on Wednesday after reporting better-than-expected earnings. While shares are 7% higher over the past year, they remain more than 20% below their early 2023 highs before the collapse of Silicon Valley Bank. With a single-digit earnings multiple and 4% dividend yield, shares…
Win McNamee/Getty Images News Government shutdown averted The House and the Senate passed a continuing resolution (a stopgap spending bill) to keep the government open for 45 days at current funding levels, with overwhelming bi-partisan support. The Congress will now have more time to pass the 12 appropriations bills (or an omnibus bill) to fund…
Just_Super/iStock via Getty Images Thesis In my previous analysis of Hudbay Minerals (NYSE:HBM), I forecasted that the company’s share price (then at $4.55/share) was forming a falling wedge pattern due to concerns about Chinese copper demand and the repeated rate hikes announced by the Fed at that time (to control growth-led inflation) and that it…
solarseven I predicted the end of the bear market in November 2022 and advised investors to ride the recovery with Vanguard Growth Index Fund ETF Shares (NYSEARCA:VUG) because of its exposure to growth stocks. Furthermore, as economic fundamentals improved faster than expected in early 2023, I issued a second recommendation, advising investors to buy more…