Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Somebody has been playing Balkan heavy metal in the café. The culprit’s identity remains a mystery, but let’s just say that our 6ft 2in Bosnian barista seems sheepish. Almost everybody in hospitality has their own…
wolv/E+ via Getty Images Note: All amounts are in Canadian Dollars and all stock and option prices refer to the TSX side. While we have rated Keyera Corp. (TSX:TSX:KEY:CA) a buy in the past, our two most recent coverages have had us in the neutral camp. Seeking Alpha The review of the Q4 guidance back…
kyoshino I continue to believe that the cycle will turn to favor both mid-caps and small-caps, as well as dividend plays. Large-cap tech can only be the leader for so long, and mean reversion eventually will kick in. If you’re of the same mindset, then the ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) is…
Catherine Delahaye I believe the next cycle will be one where market-cap weighted averages are the only place to be. I believe the next cycle will have relative broadening of performance and include more mid-caps and small-caps as leaders. I believe the next cycle favors equal weight over cap weight. These are all the same…
yoh4nn The Industrial sector isn’t what it used to be. Neither is investing in Industrials. Traditionally, it’s been about smokestacks, etc. For investors, this has been a very cyclical play. The main investment case for or against Industrials was, in essence, an economic forecast. If you are bullish on GDP, Industrial Production, etc., you want…
The Good Brigade In February, I believed that shares of Hologic, Inc. (NASDAQ:HOLX) were starting to look a bit more attractive as headwinds were disappearing. The women’s health business benefited greatly from the pandemic (through its diagnostics business) yet the subsequent headwinds are ending in 2024. This improves the prospects for growth as appeal was…
Khanchit Khirisutchalual Introduction: CBRE Global Real Estate Income Fund (NYSE:IGR) is a closed-end fund, or CEF, that was incepted in Feb. 2004. The fund’s main objective is to provide high current income to its shareholders. Capital appreciation is the secondary objective. The fund’s mandate requires it to invest at least 80% of the total assets…
mysondanube This article was coproduced with Leo Nelissen. I’m a Starbucks (SBX) fan. I can’t help it. That coffee calls me, as do some of their breakfast treats. Like their oatmeal? Sign me up, please. That kind of combination just hits the spot for me. So if my loyal readers are wondering, no. I’m not…
Chris Stein Introduction Whitecap Resources (TSX:WCP:CA)(OTCPK:SPGYF) just released its 1Q2024 results. As expected, the results were excellent, plus the management raised the production guidance without increasing the Capex, which was great news for investors. In this article, I am going to touch on the quarterly earnings briefly. I am then going to build a future…
ElsvanderGun Investment Thesis One of the goals of active investing for any value investor is to find great companies that will outperform the market over time. Taking a note out of Peter Lynch’s approach: to pay attention to popular trends in your everyday life, The Cheesecake Factory (NASDAQ:CAKE) is a popular restaurant chain that is…
JimVallee Today, I would like to reassess the First Trust Value Line® Dividend Index Fund ETF (NYSEARCA:FVD), a smart-beta dividend ETF that favors low volatility and financial resilience. There are a few reasons why a fresh look is necessary. First, unlike a few ETFs that I have covered just recently, FVD takes a high-turnover approach,…
Jacob Wackerhausen/iStock via Getty Images Covered call strategies have been all the rage in the ETF world as traders and investors look to juice up income with options overlay. One of the more interesting funds doing this is the REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI). FEPI is an innovative investment product that…
sommart Canadian Western Bank (OTCPK:CBWBF) (TSX:CWB:CA) also known as CWB is a Canadian banking institution based out of Western Canada. As of Dec 31, 2023, its total asset size is approximately $43 billion. This makes CWB the 8th largest bank in Canada by total asset size. A move up from 10th place several years ago….
simarts Last week, UBS Group AG (NYSE:UBS) released its nine-month accounts with a full inclusion of Credit Suisse assets. Post H1 results, we reaffirmed a neutral rating valuation for the combined entity. This was mainly due to a Price-to-book value analysis and a higher execution risk for the integration. In Q4, the largest Swiss banking…
Hinterhaus Productions/DigitalVision via Getty Images Personally, I prefer funds that look different from market-cap weighted averages. Funds that take a more proactive concentrated stands with a different weighting make-up. Sure, those strategies risk being wrong and underperforming, but at least there is a differentiator against everything else. That’s one of the reasons I like the…
sommart Richmond Mutual Bancorporation (NASDAQ:RMBI) investment case relies highly on its above-average dividend yield compared to other regional banks, while its growth prospects and business diversification could be better. I analyzed Richmond Mutual Bancorporation back in November and concluded that its relatively high-dividend yield was the most attractive feature of its investment case. Since then,…
da-kuk/E+ via Getty Images Shares of prison owner/operator The GEO Group, Inc. (NYSE:GEO) have rallied forcefully since June 2021, shortly after suspending its dividend, eventually reorganizing into a C-Corp to pay down debt. The move away from the real estate investment trust, or REIT, structure was compelled by a Biden administration executive order that prohibited…
urbazon Continuing my series of updates on dividend ETFs, today I would like to offer a fresh look at the Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV), which I previously assessed in August 2023, concluding with a Hold rating. Why we should discuss RDIV once again? As this is a high-turnover, highly selective dividend strategy…
Colin Anderson Productions pty ltd Following a bullish six months, Q2 has got off to a less impressive start and change is in the air as “higher for longer” expectations for rates are finally having an effect. The S&P 500 (SPY) has broken the trend support in place for over two months and has already…
SlavkoSereda/iStock via Getty Images In the world of closed-end funds, (“CEFs”) there are three types of fund structures. Perpetual: As it sounds, the fund has a perpetual mandate and continues to operate ‘forever’ Term: This fund has a specified date in the future when it will self-liquidate at NAV. Target Term: This type of fund…
ThamKC Nearly a year ago, I concluded that Arcosa, Inc. (NYSE:ACA) had seen a strong start to 2023. The company has seen a strong first quarter, as the full-year outlook looked conservative, even after it was raised. With large wind tower orders coming up for the current years, long-term prospects continued to look good. As…
Solskin The biotechnology sector has been a hotbed of innovation and progress, with companies making groundbreaking strides in areas like gene therapy, cancer treatments, and regenerative medicine. This progress, coupled with promising financial returns, has made the sector an attractive investment option. Unfortunately, the momentum just hasn’t been there. Most biotech stocks peaked in 2021…
ClaudineVM/iStock via Getty Images Dear readers/followers, In this article, I’ll give you my first article on the AES Corporation (NYSE:AES). The company is a US-based utility with a potentially fairly decent upside. Like many of the utilities around the globe at this time, the company is fairly heavily weighted towards becoming a champion renewable player….
AndrewJohnson/E+ via Getty Images The municipal bond market needs more attention from investors in a world where everyone is seemingly YOLOing into equities. If you agree, the Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) may be worth considering, as it’s a part of the muni market most wouldn’t necessarily consider. BAB is an exchange-traded fund, or…
itchySan Earl in 2023, I believed that Trex Company, Inc. (NYSE:TREX) had seen a tougher 2022 than it previously thought. Despite these concerns, driven by tough comparables, higher interest rates, and a resulting softening housing market, I was upbeat on the long term secular growth story, with its composite products gaining market share compared to…
Natali_Mis We previously covered Affirm (NASDAQ:NASDAQ:AFRM) in January 2024, downgrading the stock to a Hold, due to the overly optimistic rally by +175.9% since the October 2023 bottom. While the fintech continued to demonstrate profitable growth, we did not believe that the stock’s eye-watering premium was sustainable then. Combined with the elevated short interest, we…
gremlin Investment Thesis I believe that Primoris Services Corporation (NYSE:PRIM) has demonstrated strong execution since my last report in October showing how the company was on the precipice of capitalizing on the green energy transition, powered by the Inflation Reduction Act (“IRA”). Since then, the company has delivered solid operating results and strong stock price…
DragonImages/iStock via Getty Images Sleep Number (NASDAQ:SNBR) is an U.S. company specializing in innovative bedding solutions, particularly renowned for its adjustable mattresses. Users can customize the firmness or softness of their mattress according to their individual preferences, utilizing a remote control or a smartphone app to adjust the air pressure within the mattress chambers. Their…
Yauhen Akulich Introduction The other day, I was looking into ICE Midland WTI futures as part of my research into Intercontinental Exchange (ICE), the owner of these futures and one of my favorite financial dividend growth stocks – that is not yet a part of my portfolio. So, I thought, why not start this article…
Richard Darko/iStock via Getty Images Introduction Many may be wondering how well BDCs will fare in 2024, with rates still expected to decline. I am a big believer in the sector and think they are more than just high interest rate environment investments. With the banking crisis roughly a year ago causing tighter lending standards,…
AutumnSkyPhotography Qualcomm Incorporated (NASDAQ:QCOM) has come roaring back after the stock was an easy buy around $105. The wireless chip company, pushing into artificial intelligence, or AI, chips, isn’t the same easy money now trading up at nearly $170, but Qualcomm isn’t priced like an AI play yet. My investment thesis remains ultra Bullish on…
Leon Neal BYD Global (OTCPK:BYDDF) submitted its earnings sheet for the fourth-quarter earlier this week and although the Shenzhen-based car brand missed earnings expectations, it once again proved that it is one of the most profitable EV makers in the world. The company also overtook Tesla (TSLA) in the fourth-quarter in terms of BEV sales…
Maskot/DigitalVision via Getty Images Investment Overview Moderna, Inc. (NASDAQ:MRNA) held an investor event today to review its vaccines program and provide key business updates. Before we dive into that, let’s quickly review recent performance. The company announced its Q4 and full year 2023 earnings and business updates on February 22nd. Moderna described 2023 as a…
Galeanu Mihai Software is eating the world. Unfortunately, it’s not making new highs. Still – it’s a good area to look at for potential outperformance in the future. A good proxy for this is the SPDR® S&P Software & Services ETF (NYSEARCA:XSW), a passively managed exchange-traded fund that seeks to provide returns, before fees and…
Lemon_tm Commodities are starting to show some signs of life again as inflation begins to pick back up. It’s not just Oil. Copper, Gold, Silver, and a slew of others look to be ready to resume their own respective uptrends as investors look for inflation plays outside of equities. This is where the iShares S&P…
BalkansCat BNP Paribas SA (OTCQX:BNPQF) is currently offering a high dividend yield that is sustainable over the long term, and its valuation is not demanding compared to peers, making it a good income play right now for long-term investors. Business Overview BNP Paribas is a French bank, being one of the largest banking groups in…
chengwaidefeng Vista Energy, S.A.B de C.V. (NYSE:VIST) looks promising in 2024 as the company has an attractive low valuation with strong double-digit revenue and earnings growth according to consensus estimates. The stable expected price of crude oil in 2024 and 2025 should help the company maintain its high profitability metrics. Company Background Vista Energy is…
zorazhuang Plains All American Pipeline (NASDAQ:PAA) is an attractive distribution play for investors who want to gain a foothold in the master limited partnership space. The pipeline company generates more than half of its adjusted EBITDA from its fast-growing pipeline operations in the Permian basin and has very strong distribution coverage. Based off of the…
DNY59 Investment Thesis For the second straight time, the Pacer US Cash Cows 100 ETF (BATS:COWZ) substituted nearly two dozen holdings in its 100-stock portfolio during its scheduled quarterly rebalancing process. One of the most significant changes was a 5% reduction in Energy exposure, down from 28% previously, which I listed as a key reason…
igoriss Automotive Properties REIT (OTC:APPTF) (TSX:APR.UN:CA) is a Vancouver-based Canadian automotive REIT with 77 income-producing automotive dealerships across Canadian urban centers (as of Dec 31, 2023). Recently the REIT has added a few new properties to its portfolio that have been accretive to its growth. I’m bullish on its prospects as Automotive Properties REIT grows…
AdShooter/E+ via Getty Images Introduction It’s time to talk about one of the victims of elevated inflation. That company is Conagra Brands, Inc. (NYSE:CAG), a packaged foods giant I started to like a lot last year. My most recent article on this stock was written on November 20, when I went with the title “Why…
Editor’s note: Seeking Alpha is proud to welcome Long Term Capital as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Frank Rothe/The Image Bank via Getty Images Delek…
Koshiro Kiyota/iStock Editorial via Getty Images Note: All amounts referenced are in Canadian dollars. Stock price referenced is from TSX and not the USD OTC price. You can bid up anything to any price. You can throw rational multiples out and move to “this time is different”. That almost always means poorer returns from that…
Alistair Berg/DigitalVision via Getty Images Cato Corporation (NYSE:CATO) is an American apparel retailer. The company’s stock is a deep value battleground because of its low EV and strong balance sheet coupled with dismal last-decade operational results. I analyze Cato’s brand value proposition in this review and discuss some operational challenges. The brand seems outdated, the…
ThomasVogel Thesis The Canadian oil and gas space is highly fragmented. As such, there are laundry lists of small oil and gas producers that are growing their operations in Western Canada. Land in the region is extremely cheap and located in generally young basins that have not gone through any meaningful amount of consolidation. I…
SOPA Images/LightRocket via Getty Images Shares of Synopsys (NASDAQ:SNPS) have seen a relatively stable start to 2024, despite the craze around AI and despite the company formally announcing a big deal for its smaller peer Ansys (ANSS) in January. This creates an interesting situation as the transaction is set to create a stronger and more…
Ultima_Gaina/iStock via Getty Images Background: Spectra7 (OTCQB:SPVNF) is a micro-cap company traded on the OTCQB under the symbol SPVNF and on the TSX, Toronto Stock Exchange under the symbol SEV. They are based in San Jose, CA. Spectra7 is a fabless semiconductor company specializing in silicon chips embedded in the connectors of standard copper cables….
PM Images/Stone via Getty Images Introduction By now, I doubt that it may come as a surprise to many readers when I say that I have started to like the midstream industry a lot in recent years. While the industry was total dead money before 2021 due to elevated capital spending and subdued income, it…
Yuichiro Chino/Moment via Getty Images Shares of Coinbase (NASDAQ:COIN) have soared after the company submitted a much better than expected earnings sheet for the fourth-quarter on resurging trading volumes. The company’s fundamentals are improving due to a broad recovery in the cryptocurrency market. The current rally in Bitcoin (BTC-USD), driven by the SEC’s greenlighting of…
Andriy Onufriyenko/Moment via Getty Images Box (NYSE:BOX) offers a compelling risk/reward at current levels in my view. The leading Content Cloud player trails peers on growth but deserves a better multiple given improving margins, new product catalysts, and secular tailwinds for secure collaboration. After years of inconsistent execution, Box may finally be poised to accelerate…