hapabapa My last article about Amazon.com, Inc. (NASDAQ:AMZN) was published in December 2023 and not only was I wrong about Amazon in my last article – I was also too cautious in my previous articles. Amazon reached its previous all-time high again – a scenario I saw as rather unlikely in my previous articles. When…
Michael Vi A sad reality of the present is that, geopolitically speaking, we are living in challenging times. Therefore, nations have no choice but to strengthen their respective armed forces. That, in turn, creates opportunities for defense contractors. One of the smaller, but no less interesting, names in the sector is Kratos Defense & Security…
liorpt/iStock Editorial via Getty Images Thesis On Tuesday, May 7, 2024, Hyster-Yale Materials Handling, Inc. (NYSE:HY) posted its first quarter-2024 earnings report. When markets opened the next morning the stock price shot up, closing 23.55% higher. The following day saw the price jump again, by another 8.35%. Altogether, the stock price climbed from $59.02 to…
Block CEO Jack Dorsey recently predicted Bitcoin could reach a price of “at least $1 million” by 2030. Since stepping down from Twitter, now X, Dorsey has become a leading Bitcoin advocate, taking part in various Bitcoin and Nostr-related initiatives. JUST IN: Jack Dorsey predicts at least $1 million #Bitcoin price by 2030 🚀 pic.twitter.com/uNukkC4goQ…
South_agency Founded in 2002, Tenable (NASDAQ:TENB) is a cybersecurity company with a market-leading VM (Vulnerability Management) solution. As per IDC’s 2022 report, TENB has also been holding first position in terms of global market share in VM space. It has over 44,000 customers, including 50% of Fortune 500. All-time share performance has been average. Since…
Funtap Investment Thesis CrowdStrike Holdings (NASDAQ:CRWD) is a cybersecurity company that offers endpoint security, threat intelligence and incident response services. CrowdStrike started off and is still best known for their endpoint security but is now expanding across other cybersecurity areas as well as adjacent areas like observability. Endpoint security focuses on securing endpoints (laptops, mobile…
Major global bank Standard Chartered believes the Bitcoin price could see further downside to around $50,000, according to recent comments. Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered, told The Block: “BTC’s proper break below $60,000 has now reopened a route to the $50,000-52,000 range.” As of writing, Bitcoin is trading under…
Hiroshi Watanabe Late December last year, I issued an article comparing the largest BDC – Ares Capital (NASDAQ:ARCC) – with the second largest one, FS KKR Capital (FSK). While I was bullish on both BDCs, I preferred allocating slightly more in FSK due to the following reasons: FSK traded at a discount to NAV, while…
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis: Hilton Worldwide Holdings has the potential for further long-term upside based on resiliency in RevPAR growth. In a previous article back in February, I made the argument that Hilton Worldwide Holdings (NYSE:HLT) might see some short-term consolidation over potentially slower RevPAR growth this year. However, I maintained that…
Monty Rakusen/DigitalVision via Getty Images Since I wrote about China’s automotive services provider SunCar Technology (NASDAQ:SDA) last November, its price is up by over 16%. Even at that time, a 20-25% upside was evident for the stock in the short term, after it significantly overcorrected when a follow-on offering took place at a price lower…
AK2 My regular readers know I have been very bullish on silver for about 18 months. Finally, the breakout and run higher may have begun in earnest during March-April. My last article on silver’s bullish setup in January here explained the striking phenomenon of historically high lease rates. Such suggested immediate tightness in the physical…
Kawisara Kaewprasert Franklin Street Properties (NYSE:FSP) is a REIT focused on office properties in the U.S. that is currently trading much lower than its book value. In the last couple of months, the company’s stock price experienced a slow decline, making it more attractive for investors. The last time we have covered the company, we…
William Barton Thesis GSK plc (NYSE:GSK) trades at low price multiples relative to competitors. At the surface, it looks like a good buy. However, in my opinion, the lower multiples reflect weaker later stage pipeline relative to competitors. Current pipeline will not face significant patent expirations over the next couple of years, but GSK needs…
rzelich/E+ via Getty Images Japanese stocks have been one of the best investments outside the US in recent years. Funds like the WisdomTree Japan Hedged Equity Fund ETF (NYSEARCA:DXJ) provide exposure without having to worry about Yen movements and expensive hedges. However, all good things come to an end, or at least pause for a…
karenfoleyphotography/iStock via Getty Images In 1973, the price of crude oil rose from below $3.00 per barrel to almost $12 per barrel. This quadrupling (+300%) of the crude oil price occurred as a result of the “Arab Oil Embargo.” We believe that events in 2024 could potentially produce an oil price shock of equal or…
Megapixel8 While 2023 was challenging for US commercial real estate (CRE) investors, we believe that it’s “off the floor in 2024,” with real estate poised to start its price recovery sometime in the second half of the year. Think of it as a chain reaction, which starts with fed fund rate reductions. That should help…
Adam Gault/OJO Images via Getty Images Introduction British American Tobacco (NYSE:BTI) caught my attention due to its especially high dividend yield, so I wanted to take a look at the company’s financials and give some opinion on why the shares might be trading at such depressed levels, and why it may continue for a while…
Sunshine Seeds Note: I previously covered Impala Platinum (OTCQX:IMPUY) in November 2023. I discussed the company’s strengths: excellent capital structure, quality assets, and cheap valuation. At the time of publishing, it was too early to buy. Over the last few months, the narrative about PGMs has been shifting. Automotive companies are backing down from BEV…
Userba011d64_201 By Peter C. Earle The AIER Everyday Price Index saw its third largest increase in over a year in March 2024, shooting up 0.82 percent. That rise brings our proprietary inflation index to a new record high of 289.2, surpassing the previous high of 288.60 reached in September 2023. AIER Everyday Price Index vs….
gabetcarlson Investment Overview Elevance Health (NYSE:ELV) will announce its Q1 2024 earnings next Thursday, April 18th ahead of the market open. When I last covered the company for Seeking Alpha it was July 2020, and Elevance – then known as Anthem – stock was trading at $271 per share. I gave it a “Buy” rating….
Khanchit Khirisutchalual monday.com (NASDAQ:MNDY) is a relatively new position in my portfolio. After updating my valuation following Investor Day in Dec-23 and the guidance provided in the February Q4-23 earnings call, I rate the stock a BUY with a $277/share 1Y price target (+29% 1Y upside). At these levels, the company is a compelling investment…
Anthony Scaramucci, founder of major investment firm Skybridge Capital, predicted a Bitcoin price target of $170,000 in the current cycle during an appearance on CNBC’s Closing Bell. NEW: Skybridge’s Anthony Scaramucci says #Bitcoin halving is still not priced in. Predicts “$170000 for this cycle.” 🚀 pic.twitter.com/0uE4EAmwgS — Bitcoin Magazine (@BitcoinMagazine) April 8, 2024 Scaramucci has…
Robert Way/iStock Editorial via Getty Images Here is what Tesla (TSLA) CEO Elon Musk argued recently: “Frankly, I think if there are not trade barriers established, they will pretty much demolish most other car companies in the world,” he said during a Tesla earnings call in January. “They are extremely good.” While he was talking…
sommart Axos Financial, Inc. (NYSE:AX), founded in 1999 and headquartered in Las Vegas, Nevada, is a diversified financial services company that provides consumer and commercial banking products nationwide. From the fast growth of the business to the promising outlook and strong solvency/liquidity profile, there is a lot to like here. But the current price is…
Kittisak Kaewchalun /iStock via Getty Images Back in December, I wrote an article on REX American Resources Corporation (NYSE:REX), suggesting to sell it after its run in Q3 and that Q4 won’t be as good. While the stock did pull back a bit after Q3 and Q4 wasn’t quite as good as Q3, it was…
Maks_Lab Average prices charged for goods and services rose worldwide at a steeper rate for a second consecutive month in March, according to S&P Global PMI business surveys, hinting at historically elevated stickiness of consumer price inflation at the global level in the coming months. Upward price pressures were primarily linked to increased labour costs…
Editor’s note: Seeking Alpha is proud to welcome Thomas Shields 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 » Spencer Platt/Getty Images News Investment Thesis I evaluate companies…
maybefalse Levi Strauss & Co. (NYSE:LEVI) is a well-known brand all around the globe for their jeans and denim products. The firm has underperformed the broader market and also the consumer discretionary sector in the past twelve months, even though there has been a significant jump in the share price after the earnings results came…
JHVEPhoto Shares have Lowe’s (NYSE:LOW) have been a reasonable performer over the past year, gaining 19%, as the housing market has withstood pressures from higher rates better than many investors may have feared. Since recommending shares as a buy in October, Lowe’s has rallied by over 31%, ahead of the market’s 26% gain. Shares have…
Robert Way Two types of growth investors There are two types of growth investors in my experience. First, growth investors who believe P/E does not matter for growth stocks. Second, investors who believe a good growth stock, even a behemoth like Microsoft Corporation (NASDAQ:MSFT) with a $3+ trillion market cap, can perpetually grow at a…
murat4art Azul (NYSE:AZUL) is one of the three main Brazilian airlines. I have been writing about Azul since December 2021, when the stock traded at $14, always with a Hold rating, recommending not to buy. In my last article from November 2023, I argued that despite Azul trading at an unjustified discount to Gol (a…
Scott Olson BRK Is Near A Record Price If you have been following our writings, you must know that we have been rating Berkshire Hathaway Inc. (NYSE:BRK.B) as a Buy since 2022, when the stock was trading near the $160 price level. As seen in the figure below, we’ve argued in 2023 that it is…
prill Introduction I wanted to check in on Everspin Technologies (NASDAQ:MRAM) since its share price has come down around 20% since my last article, in which I changed my stance to a hold and said that I would like to see the share price come down to around $7.50 before adding to a position or…
Leon Neal Intel (NASDAQ:INTC) shares have returned about 23% since I have upgraded the stock to “Buy”, compared to a gain of about 16% for the S&P 500 (SP500). And as INTC shares are trading very close to my previously established target price of $45.5/ share, I feel it is time for me to revisit…
Andrii Yalanskyi Introduction On December 27, I wrote an article titled “Ultrawide Moat, Great Valuation, Dividend Growth: Archer-Daniels-Midland Has It All.“ Although a three-month period is not a great measurement to check if a long-term thesis is working out, it needs to be said that Archer-Daniels-Midland Company (NYSE:ADM) shares have fallen 12% since then. During…
RiverNorthPhotography Investment Thesis T. Rowe Price (NASDAQ:TROW) is a fundamentally solid asset manager with a long track record of outperforming relative benchmarks which has led to consistent growth in assets under management. Despite short-term challenges driven by rising interest rates which as led to net outflows over the past few years, I believe interest rate…
Justin Sullivan March 28th ended up being a really interesting day for shareholders of home improvement retailer The Home Depot (NYSE:HD). After the market closed, the management team at the business announced a massive acquisition. According to the press release issued regarding the deal, the company has agreed to acquire SRS Distribution, a privately owned…
wavemovies Introduction & Investment Thesis I initiated a Buy rating on Wix (NASDAQ:WIX) on February 16. My bull thesis was predicated on my belief that the company continues to drive strategic growth in its Partners business by launching Wix Studio, as well as rapidly innovating on its AI product offerings while expanding profitability. Since then,…
AndreyPopov Introduction Rollins, Inc. (NYSE:ROL) sells pest control products and services to commercial and residential customers. The pest control market is surprisingly profitable and growing market, with the industry set to grow well-above GDP for the next decade. Benefitting from long-term tailwinds as well as a fragmented market, Rollins has emerged as a market leader…
Igors Aleksejevs/iStock via Getty Images Note: I previously covered Tidewater (NYSE:TDW). In my previous take on TDW, I pointed out the looming deficit of OSVs caused by limited supply and rising demand presented TDW as the best way to play that theme. Since then, the stock has increased by 30%. In this article, I discuss…
gorodenkoff Viant (NASDAQ:DSP) is a people-based technology advertising company developing a platform for marketers to use first-party data for customer targeting. Share performance has been lackluster. Having gone public at a price of $65.5 in 2021, DSP trended down sharply for the rest of the year, before moving sideways between $4 – $5 until the…
PixelsEffect The seasonally adjusted annual rate of sales of existing single-family houses, condos, and co-ops rose 9.5% in February from January, but that increase was smaller than the increase in February 2023 (+11.5%), and so the annual rate of sales at 4.38 million homes, was still down 3.3% from the already collapsed levels of February…
da-kuk December, last year I wrote an article on Horizon Technology Finance (NASDAQ:HRZN) laying out an argumentation of why, in my opinion, HRZN was not the right business development company, or BDC, pick. The key arguments were the following: Pure-play focus on VC-type companies, where a notable chunk of the portfolio is associated with very…
Sundry Photography/iStock Editorial via Getty Images Thesis In my previous article about Oracle Corporation (NYSE:ORCL), I assigned a buy rating on Oracle citing that the decline in its stock after the release of Q4 2023 earnings opened an opportunity to enter. I assigned a fair price of $120.82 to $152.93, and a future price ranging…
peepo/E+ via Getty Images Dear readers, Porsche (OTCPK:POAHY) (OTCPK:POAHF) is not an investment I’ve covered for some time – since late 2022 to be exact, and the company hasn’t exactly been a rosy play since that time. My main investment in the German automotive sector is my investment in Volkswagen (OTCPK:VWAGY) (OTCPK:VLKAF) (OTCPK:VWAPY). Now, investing…
Global banking giant Standard Chartered has upped its bitcoin price prediction for the end of 2024 to $150,000, a significant increase from its previous forecast of $100,000. In a new report, Standard Chartered analysts cited strong inflows into recently launched spot bitcoin ETFs in the U.S. as a primary driver of their bullish outlook. The…
tolgart/E+ via Getty Images Opener If you’ve read some of my articles, you know I like high-quality companies. It is hard for me to invest in pure value plays if the underlying assets are bad. I seek to invest in the best, but the best, especially in the higher market caps, are expensive. Generally, I…
Maksim Labkouski Global PMI rises for fourth straight month to hit eight-month high S&P Global’s PMI surveys indicated that the global economy gained further growth momentum in February. At an eight-month high of 52.1, against 51.8 in January, the headline PMI covering manufacturing and services over 40 economies has now risen for four consecutive months….
Eleven approved Bitcoin ETFs have painted the pioneering cryptocurrency with a fresh coat of legitimacy. By receiving an official blessing from the Securities and Exchange Commission (SEC), an institutional investing barrier has been lifted. With this barrier gone, financial advisors, mutual funds, pension funds, insurance companies and retail investors can now receive Bitcoin exposure without…
Bitcoin pioneer Adam Back, one of the earliest cypherpunks who helped lay the ideological foundation for Bitcoin, believes that the bitcoin price is on its way to hitting $100,000, and that the move is “overdue.” Back has been involved with Bitcoin since its earliest days, contributing to technology like Hashcash, which influenced Satoshi Nakamoto’s design…