Daniel Grizelj Since posting strong Q1 results, Pagaya Technologies Ltd. (NASDAQ:PGY) has climbed nearly 21%. The company showed strong growth in network volume, revenues, and adjusted EBITDA, while also sharing a strong full year guidance. In my opinion, Pagaya could continue witnessing substantial growth due to its expansion in the fast growing POS financing vertical,…
peepo Investment Thesis Ferrari (NYSE:RACE) reported earnings on May 7. Their core earnings grew 13% despite flat deliveries, driven by high-end models and customization. CFO Antonio Picca touted “positive business trends” and a full order book, but sticking to full-year forecasts left investors wanting more. RACE stock fell around 5.5% after the report, despite analysts…
PM Images Today we continue our Q1 regional bank coverage with Huntington Bancshares Incorporated (NASDAQ:HBAN). We continue to monitor the space closely. There remain macro concerns and pressure on net interest margins, while bank asset quality so far in the banks we follow has been mixed. The largest concern is a higher for longer rate…
Maxxa_Satori Broadstone Net Lease, Inc. (NYSE:BNL) is a well-managed and growing industrial-focused real estate investment trust that has considerable potential for FFO expansion in 2024. Broadstone Net Lease is poised to acquire more industrial properties this year, which could fuel the trust’s FFO growth and also lead to yet another dividend hike for shareholders. I…
Justin Sullivan/Getty Images News Overview Adobe’s (NASDAQ:ADBE) price dropped by 18% while the S&P 500 went up by 7.4% (Figure 1) after OpenAI released Sora, a new AI capable of producing high-quality videos directly from text descriptions, and Adobe issued revenue guidance for the second quarter of 2024 that fell short of expectations. Figure 1:…
akinbostanci/iStock via Getty Images Introduction When I recall the market sentiment around Meta’s (NASDAQ:META) stock in autumn 2022, it is difficult to believe that its market cap is already far above a trillion USD. The stock price grew by several times over the last year and a half, and my valuation analysis suggests that there…
Justin Sullivan We all know about the classic “beat and raise” during earnings season, where a company beats estimates and raises guidance for the next quarter or year. And the market typically rewards the stock. Meta Platforms, Inc. (NASDAQ:META) took this to a new level last night, to the extent that I am struggling for…
RapidEye/iStock via Getty Images In light of face-ripping rallies in the mega-cap tech sector, it is easy to forget that there are stocks outside the oft-spoken names. These stocks speak of quality and can provide better-than-average returns. During one search I discovered Applied Industrial Technologies (NYSE:AIT) whose products and solutions serve critical areas of the…
artisteer/iStock via Getty Images Introduction Coty (NYSE:COTY) concluded its fiscal year 2023 on a high note, marked by a robust Q4 performance and exceptional results for the entire year. The company’s journey toward financial recovery, exemplified by a reduction in debt, harmoniously aligned with its commitment to continuous innovation, resulting in the expansion of market…
Michael Jagla VICI Properties (NYSE:VICI) is a REIT that owns a large portfolio of hotels and entertainment destinations. These aren’t just any old hotels; they are gaming destinations like Caesars Palace, the MGM Grand, and the Venetian in Las Vegas all sit in this portfolio. In this article, we’re going to take a look at…
May Lim Introduction Since 2014 I’ve been a huge fan of visiting Las Vegas. I’ve made it my business to visit the popular destination a minimum of once a year. For the last 9 years I’ve probably been more than 30 times. My friends and family often make fun of me and seem to think…