metamorworks Before we start our article, we would like to thank Robert Dydo for his successful calls on Ouster. His comprehensive analysis and outstanding research played a key role in bringing Ouster to our attention, which led us to initiate coverage on this stock. Strong Q1 Earnings, Stock Jumps 20% Ouster (NYSE:OUST) reported its Q1…
Justin Paget/DigitalVision via Getty Images American Electric Power Company, Inc.(NASDAQ:AEP), an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in…
Flux Power Holdings, Inc. (NASDAQ:FLUX) Q3 2024 Results Conference Call May 9, 2024 4:30 PM ET Company Participants Maria Rico – Marketing ManagerRon Dutt – Chief Executive OfficerKevin Royal – Chief Financial Officer Conference Call Participants Rob Brown – Lake Street Capital MarketsEric Stine – Craig-HallumMatthew Galinko – Maxim GroupCraig Irwin – ROTH Capital Partners…
Monty Rakusen Monolithic Power Systems, Inc. (NASDAQ:MPWR) recently delivered better than expected EPS, and reports exposure to relevant FCF drivers from the growing AI industry, 5G, or the Internet of Things. The company also reports significant R&D expenditure for exploration about systems architecture, circuit design, and implementation in addition to process technologies. Besides, there is…
Monolithic Power Systems, Inc. (NASDAQ:MPWR) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Genevieve Cunningham – Senior Manager, Marketing CommunicationsMichael Hsing – Chief Executive Officer and FounderBernie Blegen – Executive Vice President and Chief Financial OfficerTony Balow – Vice President of Finance Conference Call Participants Tore Svanberg – Stifel NicolausQuinn…
Daddy1971/iStock via Getty Images We believe that most investors are wrong in judging Fair Isaac Corporation (NYSE:FICO) stock as expensive based on current multiples. The pricing power and unique positioning in the market as a natural monopoly make the company still cheap relative to its prospects. We expect topline growth to continue supported by strong…
Dan Totilca Just getting around to finishing the review of the financial sector names that are followed, going through Goldman Sachs (NYSE:GS) numbers today finds the stock reasonably valued as it’s preparing to trade above its August ’21 all-time-high of $420. Goldman is not the same Goldman that investors knew in the late 1990s (GS…
Remitski/iStock via Getty Images The following segment was excerpted from this fund letter. Lifecore Biomedical (NASDAQ:LFCR) Lifecore, discussed above, is our fill-finish CDMO that also has a dominant position in pharmaceutical grade hyaluronic acid production. The company is presently bringing on additional capacity that was planned for ~4 years ago. You likely recall that over…
wimagine/iStock via Getty Images Fundamentals The discussions within the BRICS bloc about creating an alternative payment system signify a significant geopolitical shift with far-reaching economic implications. Led by Russia, this move underscores a growing desire among emerging economies to reduce dependence on the United States and the dollar-dominated financial infrastructure. The BRICS bloc, now expanded…
jetcityimage/iStock Editorial via Getty Images Shares of GE Vernova LLC (NYSE:GEV) have stated trading around the $145 mark upon the spinoff from GE (GE), which itself now largely comprises aerospace activities. This deal is the latest spinoff, after GE Healthcare (GEHC) was spun off from the once almighty conglomerate, which has now been cut in…
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…
CharlieChesvick Investment Case For the next 6 months, Series 2 preferred shares of Northland Power Inc. (TSX:NPI.PR.B:CA) seem to provide a better return on investment than the company’s common shares (TSX:NPI:CA). Northland’s common shares are better suited as a longer-term investment, as the company’s valuation heavily relies on the increase in EBITDA and Cash Flow…
Ideal Power Inc. (NASDAQ:IPWR) Q4 2023 Earnings Conference Call February 29, 2024 10:00 AM ET Company Participants Jeff Christensen – IR Dan Brdar – President and CEO Tim Burns – CFO Conference Call Participants David Williams – Benchmark Donovan Schafer – Northland Capital Markets Brian Dobson – Chardan Capital Markets Jeff Grampp – Alliance Global…
Bilanol Capital Power is an underappreciated and undervalued dividend growth story as investors focus on the Alberta power market rather than its growth-by-acquisition story. I maintain my buy ranking. Introduction Capital Power (TSX:CPX:CA) is an independent power producer (IPP) which owns 30 operating facilities across North America that generate a collective 7,700 megawatts worth of…
kampee patisena/Moment via Getty Images Pioneer Power Solutions (NASDAQ:PPSI) has a long history of providing products that support every function of the power grid. The company has shifted its product offerings to focus on two key products; E-Block systems for power distribution to capture the shift to renewable energy sources and E-Boost systems to fill…
Daniel Bosma/Moment via Getty Images NextEra Energy Inc. (NYSE:NEE) is an American energy company. Founded in 1925, NextEra Energy is now a $116 billion (by market cap) power utility giant that employs more than 15,000 people. By market cap, this is the largest utility holding company in the US. NextEra Energy reports results across three…
Power Integrations, Inc. (NASDAQ:POWI) Q4 2023 Results Earnings Conference Call February 9, 2024 4:30 PM ET Company Participants Joe Shiffler – Director, Investor Relations Balu Balakrishnan – Chairman & Chief Executive Officer Sandeep Nayyar – Chief Financial Officer Conference Call Participants Christopher Rolland – Susquehanna Financial Group David Williams – The Benchmark Company Ross Seymore…
Sasiistock/iStock via Getty Images The following segment was excerpted from this fund letter. Avid Bioservices (NASDAQ:CDMO) Avid, our large molecule Contract Drug Manufacturing Organization, was by far our biggest loser in 2023. After several years of investment, the Company completed a capacity expansion program just as early phase biotech spending was curtailed, largely due to…
Bloomberg/Bloomberg via Getty Images Introduction I am knee-deep into industrial stocks, as more than 50% of my dividend growth portfolio consists of stocks from that sector. While more than half of this exposure consists of anti-cyclical defense contractor exposure, I own two cyclical machinery giants: Deere & Company (DE) and Caterpillar (CAT). I often make…
SOPA Images/LightRocket via Getty Images The Greek historian Thucydides once pointed out that “It was the rise of Athens, and the fear that this instilled in Sparta, that made war inevitable” between the two historic rivals. Those words carry new resonance more than 2,000 years later in the growing rivalry between the U.S. and China,…
Jinda Noipho The iShares U.S. Insurance ETF (NYSEARCA:IAK) contains broad based exposures to US insurance stocks, both in L&H (life and health) and in P&C (property and casualty). We think that macro factors play in favor of this ETF, particularly the opportunity to establish high yielding reserve portfolios to offset higher capital costs. But the…
Pituk Loonhong/iStock via Getty Images Please note all $ figures in $CAD, not $USD, unless otherwise stated. Introduction I recently covered Hydro One (H:CA) and suggested that the company was likely the worst regulated utility in Canada having higher leverage, a poor dividend yield, and an expensive valuation. Today, I’ll be covering another utility, ATCO…
audioundwerbung Note: I have covered Plug Power Inc. (PLUG) previously, so investors should view this as an update to my earlier articles on the company. Following the company’s annual business update call on Tuesday, beaten-down shares of struggling fuel cell systems, electrolyzer solutions, and green hydrogen provider Plug Power Inc. or “Plug Power” staged a…
Three Images On January the 23rd, Plug Power (NASDAQ:PLUG) will provide its annual business update during a conference call with CEO Andy Marsh and CFO Paul Middleton. Plug Power’s stock has been in very turbulent waters recently. The stock lost almost half of its value during the first weeks of 2024. In this article, I…
SBWorldphotography/iStock via Getty Images Introduction As I mentioned in my recent article about Amerigo Resources (OTCQX:ARREF) (ARG:CA), the largest position in my stock portfolio is French cabling specialist Nexans (OTCPK:NXPRF) (OTCPK:NEXNY). One major theme that I’ve seen time and time again while researching Nexans over the past several months has been a global shortage of…
JHVEPhoto/iStock Editorial via Getty Images Beyond any doubt, one of the most iconic consumer brands in the world today has got to be Energizer Holdings (NYSE:ENR). Although the firm is not that large, with a market capitalization of only $2.29 billion, it is well known as a giant in the battery production space, particularly when…
Thapana Onphalai Power Corporation of Canada (TSX:POW:CA), with its extensive and multifaceted operations in financial services, might be significantly undervalued. Despite the inherent complexities due to its vast network of interrelated entities and investments, the sum of its parts analysis and comparison with industry peers suggest a potential undervaluation. Introduction: Power Corporation, with a market…
skynesher Please note all $ figures in $CAD, not $USD, unless stated otherwise. Introduction I’m nowhere near the age of retirement, but I can’t deny that I love a good dividend paying stock. Dividends are great because they provide investors with stable, re-occurring streams of income paid out from the company’s cash flows. For retirees…
Scharfsinn86 Back in April, I wrote that I’d stay away from Plug Power (NASDAQ:PLUG) until it can better prove itself, while more recently I wrote in September that PLUG’s poor track record and delays in plant construction make it difficult to have confidence in its future success. The stock is down nearly -60% from my…
Bilanol Investment Thesis Altus Power (NYSE:AMPS) mainly offers clean electric power to the industrial, commercial, public sector, and Community Solar customers. The company has recently acquired Unico Solar, which can accelerate its growth by expanding its presence on the West Coast. This acquisition can also benefit the company by boosting the flow of its pipeline…
Petmal/iStock via Getty Images Background Though they likely need no reminding, 2023 has been traumatic for Plug Power Inc (NASDAQ:PLUG) shareholders. PLUG vs SPY YTD (Koyfin) The stock is down 63% year-to-date, as compared with the 26% return from the broader S&P 500 (SPY) and a 15% return from the Russell 2000 (RTY). Yet, some…
1715d1db_3 Note: All amounts discussed are in Canadian Dollars There are some companies that will never ever get a premium valuation. That tends to frustrate the value investors as making money seems hard. But even in this space, the ones that can use their own high cash flow yields to grow their revenues, can make…
GaudiLab/iStock via Getty Images It is over two years since I have been able to cover a Hydrogen company and three years since I last bought shares in Ballard Power. 2020/2021 were my most profitable trading years so far, and that success was driven by the near-exponential growth in all the Hydrogen stocks. I bought…
mdworschak Looking for a way to profit from the reshoring of U.S. manufacturing? The transition to electrical vehicles? The broader ‘green transition’ in the economy? The boom in AI? Hammond Power Solutions (ticker OTCPK:HMDPF, abbreviated HPS) is participating in all of these trends because they make the electrical transformers and other equipment required for these…
Bull runs are like wildfires: they need a combination of conditions to get started. A wildfire needs a long period of no rain, high temperatures and then high winds at the point of ignition. Yes – wildfires have been exacerbated by record methane emissions that Bitcoin helps mitigate, but that’s not what this article’s about:…
theasis Thesis Summary Alibaba Group Holding (NYSE:BABA) reported its Q3 earnings last week, and the stock sold off, approaching a 52-week low. However, Alibaba showed a promising trend in profitability while still focusing on new growth initiatives. Furthermore, I see at least three possible catalysts that could take the stock higher: money, power and macro….
This lawsuit adds to Apple’s recent antitrust challenges. In September, a US judge ruled that payment card issuers could sue Apple over alleged anti-competitive practices related to its Apple Pay mobile wallet. In a recent legal development, Apple Inc (NASDAQ: AAPL) finds itself entangled in a class-action lawsuit filed by Venmo and Cash App customers….
15703083 AT&T Inc. (NYSE:T), along with the other Telcos, are major tenants of many of the tech real estate investment trusts, or REITs, so I came across them in performing due diligence on tenant rosters. As of late, AT&T has gotten quite cheap at 6.4X forward earnings with a greater than 7% yield. That makes…
syahrir maulana On 14 November, the Russell 2000 (IWM) had what I refer to as a “Power Day” – returning more than 5% in a single day. In this case, the index returned a whopping 5.48%, compared to the S&P 500’s 1.91%. Since 2000, there have only been 29 days where the smallcap index has…
JHVEPhoto Sanmina Gives Weak 2024 Outlook and Stock Crashes On November 6, 2023, Sanmina Corporation (NASDAQ:SANM) released its Q4 earnings report. The company missed both revenue and EPS estimates, reporting $2.05B in revenue, a 7% YoY decline, and $1.42 in EPS, a 5% YoY decline. The company also gave a weak outlook, expecting revenue between…
Spruce Power Holding Corporation (NYSE:SPRU) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Bronson Fleig – Head, IR Christian Fong – CEO Sarah Wells – CFO Conference Call Participants Tristan Richardson – Scotiabank Joseph Osha – Guggenheim Mo Chen – Truist Securities Operator Thank you for standing by. My name…
PhonlamaiPhoto By Justin Leverenz, CFA, Chief Investment Officer, Developing Markets Equities Andy Lin, Senior Research Analyst Lun Rao, CFA, Senior Research Analyst The world has seen many energy transitions over the past couple of hundred years, from biomass to coal to oil to natural gas. But we believe that the current energy transition, from fossil-based…
angel_nt/iStock via Getty Images All figures are in CAD unless otherwise stated. Journey Energy Inc. (OTCQX:JRNGF) is an Albert, Canada-based energy company with operations in exploration & production and power generation. As of q2’23, Journey Energy’s asset base includes 81mmboe of proved and probable reserves valued at $894.9mm under PV-10. 44% of these assets are…
JARAMA/iStock via Getty Images We maintain our buy rating on Monolithic Power Systems (NASDAQ:MPWR). We think data center revenue more or less saved the day this quarter, offsetting weaker auto and industrial end demand. We now expect MPWR to outperform in the near term, driven by continued growth in AI-related revenues. This quarter, the company…
Monolithic Power Systems, Inc. (NASDAQ:MPWR) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Corporate Participants Genevieve Cunningham – Senior Manager, Marketing Communications Michael Hsing – Chief Executive Officer and Founder Bernie Blegen – Vice President and Chief Financial Officer Conference Call Participants Quinn Bolton – Needham Tore Svanberg – Stifel Ross Seymore…
We Are Tucows Inc. (NASDAQ:TCX) offers a diverse array of offerings that range from high-speed internet to domain name registration. The company stands as a true pioneer in weaving the threads that link our digital world together. In this article, we’re embarking on a unique journey – a voyage of discovery that unravels the story…
Investment Thesis The last time I wrote about Netflix, I mentioned how the actors’ and writers’ strikes were unlikely to have an adverse impact on the company relative to its peers. In this article, I discuss the company’s Q3 performance and argue why moves such as price increases and increased push towards animated movies, demonstrate…
eyecrave productions Home listings and price reductions are popping up like measles. You can see this by signing in to Zillow (or many other sites). Meanwhile, offers are increasingly scarce, and a quick look at any mortgage calculator shows why. When Canadian variable rate mortgages were available at 1.65% from 2020 to early 2022, one…
Plug Power Inc. (NASDAQ:PLUG) Unveiling the Potential of Liquid Hydrogen: Innovative Solutions and Market Insights Conference Call September 27, 2023 12:00 PM ET Company Participants Chris Rial – Director Business Development Ian Richardson – Product Development, R&D Manager, Plug Power’s Hydrogen Liquefaction Program Operator So good morning, afternoon, evening everyone. Welcome to this month’s episode…
Flux Power Holdings, Inc. (NASDAQ:FLUX) Q4 2023 Earnings Call Transcript September 21, 2023 4:30 PM ET Company Participants Carolyn Gordon – Marketing Manager Ron Dutt – Chief Executive Officer Chuck Scheiwe – Chief Financial Officer Conference Call Participants Rob Brown – Lake Street Capital Markets Matthew Galinko – Maxim Group Sameer Joshi – H.C. Wainwright…