Klaus Vedfelt/DigitalVision via Getty Images Introduction & Investment Thesis Hims & Hers (NYSE:HIMS) is a consumer health platform that has outperformed the S&P 500 and Nasdaq 100 YTD. The company recently reported their Q1 FY24 earnings, where revenue and earnings grew 46% and 434% YoY, respectively, beating expectations. For the full year FY24, the management…
triloks/E+ via Getty Images Elevator Pitch I rate MakeMyTrip Limited (NASDAQ:MMYT) as a Buy. The long-term top-line growth prospects for MMYT are positive, and the company is well-positioned for margin expansion with multiple profitability improvement levers. Company Description MakeMyTrip calls itself a “travel service provider in India” that owns “well-recognized travel brands” in the company’s…
SDI Productions BCB Bancorp’s (NASDAQ:BCBP) Q1 2024 was released a few days ago and it was not exciting: Q1 GAAP EPS of $0.32 misses by $0.02. Revenue of $25.25M (-2.1% Y/Y) misses by $0.04M. In addition to missing both expectations, it is clear that the bank is struggling with profitability. The higher-for-longer scenario of rates…
The Good Brigade/DigitalVision via Getty Images Since my last update, the share price of The Joint Corp (NASDAQ:JYNT) has seen some growth. However, the stock is still down by 88% from its peak in 2021. Market sentiment towards the stock remains subdued. Following the recent Q4 earnings call, I believe JYNT still presents a buying…
Giselleflissak Investment Thesis Together with its Q4 2023 results, Toast, Inc. (NYSE:TOST) guided for a significant improvement in profits for 2024. Now, there’s a bull and bear case. The bull case undoubtedly points to its debt-free status, with 5% of its market cap made up of cash. Thereby leaving Toast in a very strong position…
Rich Polk With markets soaring, it is time to take another look at Pinterest (NYSE:PINS) given the recent underperformance. The company has executed strongly over the past year, capitalizing on AI tailwinds as well as integrating third party advertisements into its platform. Management has guided for solid double-digit top-line growth over the next few years,…
Scott Olson Investment Thesis The Kraft Heinz Company (NASDAQ:KHC) reported a mixed set of Q4 and full-year 2023 results. Superb operational profitability progress driven by supply chain optimization and working capital improvements appears to have been mostly overshadowed by slow topline growth. I believe the soft macro backdrop is largely accountable for their flatline YoY…
VV Shots Thesis Despite recent inflationary pressures and weakening sentiment, the global apparel industry remains at the forefront of discretionary spending for consumers. The Gap, Inc. (NYSE:GPS) is a well-known retailer in the apparel industry, familiar to consumers in the United States and across the world. While Gap has established a reputable brand, with a…
bjdlzx Riley Exploration Permian (NYSE:REPX) would be considered a family-run company, as family members are in enough key positions to really control the company. Now, this is a relatively new company. But the Riley family has a long oil and gas history. Family-owned companies are generally conservatively run. That makes the sizable amount of debt…
John M. Chase/iStock Unreleased via Getty Images With an S&P 500 that is climbing toward new heights, most tech stocks – whether or not they are related to the AI boom – have also climbed sharply after seeing a wide correction last year. Among these beneficiaries is Lyft (NASDAQ:LYFT), the second-largest rideshare operator in the…
michal-rojek/iStock via Getty Images Materialise (NASDAQ:MTLS) is about to emerge from a period of significant investment, which should see the company’s profit margins move higher over the next 1-2 years. A modest valuation, combined with solid growth and a transition to profitability, should see the stock perform well going forward. While Materialise is a quality…
PM Images Listen here or on the go via Apple Podcasts and Spotify Why Austin Hankwitz is focused on profitability and cash flow (0:20). Russell 2000 is weirdly undervalued (3:10). This is an abridged conversation from a recent Investing Experts podcast. Transcript Rena Sherbill: Austin Hankwitz, you host Rich Habits Podcast. Writer for Seeking Alpha….
Cecilie_Arcurs/E+ via Getty Images A few months ago, we wrote an article about Hims & Hers Health (NYSE:HIMS) titled: “Hims & Hers: 3 Reasons To Buy This Potential Growth Stock“. In that article, we made the case that the stock was incredibly undervalued when compared to the company’s growth opportunity and TAM over the long…
Peter Nicholls/Getty Images News Shares of British bank Lloyds (NYSE:LYG) continue to look attractive following the release of Q4 results on Thursday (Feb 22). In my last piece, I highlighted the bank’s compelling capital returns potential, with Lloyds essentially in position to distribute all of its near/medium-term capital generation to shareholders, with this equating to…
Marat Musabirov Thesis With fourth-quarter 2023 earnings results expected shortly, investors and potential investors will wonder if TrueCar, Inc. (NASDAQ:TRUE) can maintain the momentum it gained in the third quarter. In its third-quarter earnings release, the company suggested it had turned a corner, with revenue and earnings again on the rise. The odds seem in…
SOPA Images/LightRocket via Getty Images My Thesis Earnings periods typically offer some juicy opportunities for patient investors. The market being fickle and unpredictable by nature, many investors tend to react quickly when the news is bad, thereby opening windows of opportunity that are normally hard to come by. One such case this week is Australian…
AdrianHancu Introduction I previously covered Societe Generale’s (OTCPK:SCGLF) Investor Day back in September 2023 where I argued that despite a lower profitability target compared to peers such as BNP Paribas (OTCQX:BNPQF) and Credit Agricole (OTCPK:CRARF), Societe Generale still made sense as an investment due to its lower valuation. Since then both SocGen and BNP have…
tadamichi By Catherine Yoshimoto, Director, Product Management After a sharp downturn in 2022, large cap equities bounced back to deliver strong performance in 2023. The Russell 1000 Index posted a 26.5% return for the year, largely buoyed by the Magnificent Seven. However, several other constituents were contributors to strong 2023 index performance—and these companies wouldn’t…
cemagraphics In my last three posts, I looked at the macro (equity risk premiums, default spreads, risk free rates) and micro (company risk measures) that feed into the expected returns we demand on investments, and argued that these expected returns become hurdle rates for businesses, in the form of costs of equity and capital. Since…
akinbostanci Investment Thesis Braze (NASDAQ:BRZE) stock’s expectations are relatively muted, even as the company is delivering strong results. I make the case that this stock is now on the point of inflection. Succinctly put, I believe that Braze could within the next 12 months, be on a forward run-rate of +5% non-GAAP operating margin. Consequently,…
peepo A person does not grow from the ground like a vine or a tree, one is not part of a plot of land. Mankind has legs so it can wander. ― Roman Payne Today, we take a look at transportation firm that is seeing rapid sales growth and moving towards profitability sooner than projected…
Pollyana Ventura/iStock via Getty Images We are now well past the pandemic era, which blessed a number of companies with a temporary recovery that we are now finding was unable to be sustained for long. Stitch Fix (NASDAQ:SFIX) is one such example: the fashion e-commerce company has seen sharp bleeding of customers and revenue over…
Lichtwolke Customers are violently opposed to a day rate that starts with a 5 at this point in time… they certainly don’t want to be the first to agree to a contract of that dayrate but it’s going to happen. Jeremy Thigpen The business climate is gradually becoming favorable to offshore contract drillers as the…
da-kuk/E+ via Getty Images Synopsis Udemy (NASDAQ:UDMY) is an online learning platform that offers a wide array of courses across various disciplines, catering to both individual learners and corporate clients. UDMY’s historical financials have shown robust revenue growth as it continues to grow at double-digit rates. Over the years, net loss has been contracting except…
RgStudio Investing in fuboTV (NYSE:FUBO) has been a tremulous journey for me, marking it as one of my worst investments. While starting a bullish article with such a candid admission might seem strange, I find it essential to establish context for a clearer understanding. Reflecting on my previous analyses, I wrote two bullish articles on…
In 2023, the Bitcoin hashrate has surged by a staggering 130% which shows growing competition and reduced profitability for miners. The computing power of the Bitcoin network, also known as the mining hashrate, hit a record high on Christmas Day, adding to the challenges faced by miners in the wake of declining profitability. Blockchain.com reported…
MicroStockHub/iStock via Getty Images Elevator Pitch My rating for Zhihu Inc. (NYSE:ZH) [2390:HK] is a Hold. Earlier, my August 24, 2023 article drew attention to ZH’s Q2 2023 performance. In this current write-up, I assess Zhihu’s prospects for Q4 2023 and 2024. I have made the decision to stick to my existing Hold investment rating…
Brandon Woyshnis Investment Thesis Harley-Davidson, Inc. (NYSE:HOG) is a recognizable name synonymous with motorcycles in the United States and around the world. Well-known and well-respected by motor enthusiasts, I believe Harley-Davidson is an inflection point where it is seeing significant progress through its five-year plan, ‘The Hardwire’, announced in 2021. The company’s laser focus on…
seb_ra/iStock via Getty Images Investment Thesis e.l.f. Beauty (NYSE:ELF) has firmly established itself as a national player in the cosmetics and skin care product industry. Under the leadership of CEO Tarang Amin, who has held the position for nearly a decade, the company has leveraged a combination of affordable prices and strategic marketing to drive…
Panupong Piewkleng Investment Rundown The construction sector has been under a lot of pressure the last few quarters as the rise in interest rates has meant that financing projects are more expensive and the rise in several commodities and materials prices has also made it more tough to operate. One such company in the sector…
LeonidKos Procore: Its cyclicality was more a matter of time than a surprise At the start of November, Procore reported results of its Q3 operations. The quarter itself was a noticeable upside compared to prior guidance and expectations. In fact the quarter was the largest beat since Procore has been a public company. The shares…
mwellis/iStock via Getty Images My last article on Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) in April rated the company a strong buy based on the revenue growth of Tavalisse (fostamatinib), expense reductions pushing the company towards profitability, and clinical catalysts including a trial of fostamatinib in COVID. This article looks at where RIGL stands now on its…
Cecilie_Arcurs/E+ via Getty Images WalkMe (NASDAQ:WKME) is presenting some bullish momentum with shares up nearly 20% over the past month. The company recently reported its latest quarterly result, highlighted by reaching positive adjusted EPS for the first time since the 2021 IPO. Indeed, while WKME is still down significantly from its peak valuation, the setup…
Wongsakorn Dulyavit/iStock via Getty Images Intro We wrote about Caesarstone Ltd. (NASDAQ:CSTE) back in late July this year when we cited how the sale of the company’s flagship manufacturing plant in Israel (Sdot Yam) was a clear indication that customer demand was on the wane. To add insult to injury, the ongoing war in Israel…
thodonal Elevator Pitch Trupanion, Inc. (NASDAQ:TRUP) shares are assigned a Hold investment rating. I have a favorable opinion of TRUP’s new CFO appointment, but I am aware that it will be a year before the company’s profitability improves to the mid-teens percentage level. Company Description TRUP calls itself a “direct-to-consumer, monthly subscription business that provides…
Michael Vi Palantir (NYSE:PLTR) reported both top-line and bottom-line beats in Q3 FY23, along with raised full-year guidance. I am encouraged by their profitability growth, achieving a 29.3% adjusted operating margin. I anticipate further margin expansion in the coming years. However, I don’t believe their operating margin can reach the levels of most typical software…
Sundry Photography The fast-evolving world of technology is working in favor of online education firms like Coursera, Inc. (NYSE:COUR). This is because there is a growing demand for learning new skills or improving existing ones, which is driving the growth of Coursera’s online education services. Although the company’s stock value dropped by 65% since its…
jetcityimage/iStock Editorial via Getty Images The following segment was excerpted from this fund letter. O’Reilly Automotive, Inc. (NASDAQ:ORLY) The aftermarket auto parts industry is a retailer’s dream. Such dreams include: market share take opportunities for better operators in a fragmented industry, hard-to-replicate, competitively advantaged distribution network effects, which increasingly get closer to customers; three decades…
Bill Oxford/E+ via Getty Images Investment thesis Our current investment thesis is: Wix is highly attractive, owing to its high growth, rapidly improving margins, sticky customer base, scope for monetization, and global reach. We expect healthy growth to continue due to the growth in e-commerce, as well as the general digitalization of society. Wix is…
Johnce/E+ via Getty Images Like most tech stocks over the past month, Airbnb (NASDAQ:ABNB) has lost some of the wind in its sails as interest rate expectations have continued to creep up. And while it’s difficult to justify investing in barely-profitable tech stocks when risk-free interest rates are yielding 5%, it’s also a great time…
Just_Super Investment Thesis Nutanix, Inc. (NASDAQ:NTNX) offers a hyperconverged hybrid storage and database services that simplifies data management, providing customers with the freedom to choose the deployment model that suits them best. For instance, if there are data security issues that require their data to stay on-premise rather than in the cloud. Nutanix may not…
bymuratdeniz/E+ via Getty Images Elevator Pitch My investment rating for Inter Parfums, Inc. (NASDAQ:IPAR) stock is a Hold. In my earlier write-up for Inter Parfums published on May 23, 2023, my focus was on IPAR’s duty-free business and the company’s recent distribution deal. With the latest update, I analyze Inter Parfums’ financial prospects for the…
Serjio74/iStock via Getty Images Thesis Chile is the most mature and developed economy in LATAM. However, its equity market is among the cheapest in the world, measured with PE multiple. The chart below compares the EM equity market by P/E. AK investment research Chile, together with Argentina and Brazil, holds P/E 6.5-7. Only Colombian equities…
Thapana Onphalai/iStock via Getty Images A Quick Take On OneSpan OneSpan Inc. (NASDAQ:OSPN) provides organizations with security, identity verification and eSignature solutions. I previously wrote about OneSpan with a Hold outlook. Company leadership appears to now manage the company more for profitability than growth. Until we see those results in a meaningful way, I remain…
Imagesrouges/iStock via Getty Images The Cash App Growth Cadence May Justify SQ’s Premium Valuation We have previously covered a few fintechs, with the incumbent being PayPal (PYPL) and startups being SoFi (SOFI), Upstart (UPST), and Affirm (AFRM). In this article, we will be covering Block (NYSE:SQ), focusing mostly on its Cash App performance, since the…
Jemal Countess Investment Thesis Salesforce (NYSE:CRM) delivers a very strong set of results, where its underlying profitability shines strongly. But most importantly, as always, it’s all about the outlook. And here Salesforce impresses here too, by acquiescing that its growth rates have slowed down, but how AI will deliver tremendous productivity gains, and that ”customers…
Seth Love/iStock via Getty Images Investment Thesis Genius Sports Limited (NYSE:GENI) is a London-based provider of technology products and services to the sports, sports betting, and sport media industries globally. In other words, they offer sports leagues (such as the NBA or Premier League) the technology infrastructure for the collection, integration and distribution of live…
imaginima Introduction Kinder Morgan (NYSE:KMI) is a well-separated midstream company with operations in several fields. Among all, natural gas is the most important element that brings opportunity for the company from the management’s point of view. That is because natural gas has a crucial role in the energy market in the following decades. In this…
I going to make a greatest artwork as I can, by my head, my hand and by my mind. One-stop shop for digital financial services, SoFi Technologies, Inc. (NASDAQ:SOFI), reported record revenues and members for the second quarter. The attainment of GAAP profitability, based on the fintech’s guidance, may be achieved in 4Q-23, which triggers…
svetikd/E+ via Getty Images Introduction Shares of Delta Apparel (NYSE:DLA) have fallen 30% YTD. Despite the fact that the company’s share price has dropped a lot, I believe that it is still not the best time to go long because the company’s operating and financial performance may be under pressure in the coming quarters. Investment…