wildpixel Today, we are putting Collegium Pharmaceutical, Inc. (NASDAQ:COLL) in the spotlight. The stock of this small biopharma name fell some 16% on Friday after the company posted Q1 results that slightly missed both top and bottom-line expectations. The company also announced it was replacing its CEO. However, there were some positives from these results…
Boarding1Now/iStock Editorial via Getty Images Much has gone in favor of Delta Air Lines (NYSE:DAL) in the recent past, driving its price up by ~20% year-to-date after a 22% increase in 2023. Continued improvements in travel demand, an easing in inflation impacting costs positively, the resulting profits, and a positive outlook all support the DAL…
Jessie Casson/DigitalVision via Getty Images Some air has started to come out of the home building stocks here in April, after a big move up off the market’s recent lows in late October 2023. The SPDR S&P Homebuilders ETF (NYSEARCA:XHB) is down some 10% for the month to date. Which way will the sector go…
Robert Way/iStock Editorial via Getty Images Elevator Pitch I award a Hold rating to AIA Group Limited (OTCPK:AAGIY) [1299:HK]. On one hand, I am worried about the potential underperformance of the Mainland Chinese Visitors or MCV segment this year and a slower pace of buybacks in the future for AAGIY. On the other hand, AIA…
HAYKIRDI Rather than its usual Analyst Day held at its Houston headquarters, Enterprise Products Partners L.P. (NYSE:EPD) hosted a short, one-hour update call on April 3. I always recommend people at least read through the Analyst Day slide deck or try to catch part of the calls, as Enterprise often does an impressive job of…
JHVEPhoto Elevator Pitch I have a Buy rating for Jones Lang LaSalle Incorporated (NYSE:JLL). My earlier update, published on October 9, 2023, touched on the company’s revenue mix and its mid-term financial goals. With this article, I focus on the multiple positives associated with Jones Lang LaSalle that support an upgrade of my rating for…
tupungato Tapestry, Inc. (NYSE:TPR) has captured a new wave of operating and financial momentum, quietly pushing shares to a near 3-year high. The company’s latest quarterly report beat expectations, highlighted by expanding margins, turning the page on a challenging last couple of years between the pandemic disruptions and the more recent wave of inflationary cost…
Jovana Kuzmanovic Elevator Pitch Lenovo Group Limited (OTCPK:LNVGY) [992:HK] is rated as a Hold. My prior August 18, 2023 write-up was focused on the company’s below-expectations Q1 FY 2024 (April 1, 2023 to June 30, 2023) financial performance and its AI-related investments. Lenovo is a proxy for the rising penetration rate of AI PCs. But…
zencreation/iStock via Getty Images After a massive surge in egg pricing in 2022, Cal-Maine Foods, Inc. (NASDAQ:CALM) stock enjoyed an incredible bounce. We cautioned investors to sell the stock in December 2022. While shares trickled a bit higher from that call, shares began to reset shortly into 2023. Shares have crept up in the last…
BeyondImages Since I wrote about the Australian multi-commodity miner BHP (NYSE:BHP) in July, its price is up by 16.4% and total returns are up by an even bigger 19.7%. There was a case for the stock even at the time because of its lower market valuations compared to the materials sector and a solid trailing…
JHVEPhoto Wide-moat systems software company ServiceNow, Inc. (NYSE:NOW) stock has significantly outperformed the S&P 500 (SPX) (SPY) since my last update in October 2022. I urged investors to capitalize on its steep selloff last year as NOW dip buyers tried to form a long-term bottom. That thesis panned out, although robust buying momentum didn’t return…
Urupong Elevator Pitch I rate Wolters Kluwer N.V. (OTCPK:WOLTF) [WKL:NA] shares as a Hold. Previously, I evaluated Wolters Kluwer’s sales mix and valuation metrics with my March 15, 2021, initiation article. The focus of my current update is the company’s key investment merits and major risk factors. I have a Neutral view and Hold rating…
David_Bokuchava/iStock Editorial via Getty Images Investment Thesis In continuing with our coverage for Dufry (OTCPK:DUFRY), we had assigned a buy rating to the stock for a play on long term passenger growth driven by robust travel demand, particularly from China, along with relative undervaluation compared to pre-pandemic levels. We also are constructive as the overhang…
LeoPatrizi Elevator Pitch My Hold investment rating for KT Corporation (NYSE:KT) [030200:KS] shares remains as a Hold. With my earlier June 15, 2023 article, I previously wrote about the “uncertainty regarding (the new) CEO appointment” for KT. I outline the main positives and negatives associated with KT Corporation in this current update, taking into account…