We Are We previously covered W. P. Carey (NYSE:WPC) in February 2024, discussing why we had doubled down on our previous Buy rating. This was despite the market’s pessimism on the office exit and the subsequent pullback after the FQ4’23 earning call. At the same time, the REIT’s discounted valuations/ stock prices, expanded forward dividend…
chapin31 Thesis Texas Roadhouse, Inc. (NASDAQ:TXRH) is a compounding machine that I believe will continue to outperform the overall market. A combination of a strong balance sheet and a long runway for profitable growth will drive the company to much higher levels. Shareholders will continue to benefit from their shareholder-friendly policy and the relatively lower…
Lyndon Stratford Shift4: Market share gains, strong revenue growth, rising margins and free cash flow: who needs a buyout to like these shares? Shift4 shares have hit a speed bump; Shift4’s (NYSE:FOUR) business hasn’t seen even a pot hole. As most readers will recollect, the CEO of Shift4, Jared Isaacson had indicated back late last…
Monty Rakusen/DigitalVision via Getty Images Investment Thesis Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) is a cyclical company. At the same time, it is facing declining shipments. Its better performance in 2023 was due to the unusually high product prices that resulted from unusually high raw material prices. Raw material prices are coming down and…
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…
Bilanol Investment Thesis The American Water Works Company, Inc. (NYSE:AWK) is the largest publicly traded water utility in the United States. The utility provides water supply and wastewater management services to customers across the country through their regulated operations as well as servicing some military facilities too. AWK remains highly profitable and benefits from what…
Scharfsinn86 Summary · Lion Electric provides multiple all-electric vehicles to school bus and truck fleet owners in the United States and Canada · The total addressable U.S. market for school buses and medium and heavy-duty trucks is $110 billion annually combined · Lion Electric is growing rapidly but continues to be highly unprofitable and is…
sofirinaja/iStock via Getty Images We previously covered Block (NYSE:SQ) in September 2023, discussing its consistently improving metrics across its profit margins, user acquisition, and stock valuations, with the consensus already rewarding the raised forward guidance with expanded top and bottom line estimates through FY2025. Combined with the well-diversified fintech offerings and improved cross-selling within its…
Thos Robinson Until recently, Amazon (NASDAQ:AMZN) was capitalizing on the AI revolution primarily through AWS, as enormous amounts of cloud computing power is required to facilitate the transformation of industry and business processes in this new are of generative AI. In fact, in the previous article, we simplified Amazon’s savvy strategies to drive AWS growth,…
SOPA Images/LightRocket via Getty Images Introduction SoFi Technologies, Inc. (NASDAQ:SOFI) is a formidable player in the dynamic financial sector, marking its latest quarterly earnings with significant strides toward traditional banking services. This strategic shift propels SoFi into capturing vast market opportunities, evidenced by a remarkable surge in deposits and net interest income. With the stock…
Daniel Grizelj We previously covered Airbnb (NASDAQ:ABNB) in October 2023, discussing how the supply glut was part of the management’s strategy to drive affordability across its listings, which was especially important during these uncertain macroeconomic environment. However, despite its growing profitability, we had maintained our Hold rating then, since it remained to be seen if…
Shutthiphong Chandaeng Introduction Internet privacy is a raging concern at the moment for many web users around the world, and one risk point is the use of third-party cookies for tracking and data collection. While claimed to be harmless and personalized for your own tastes, many feel that it is wrong for large corporations to…
Natal-is Crocs, Inc. (NASDAQ:CROX) is a leading lifestyle footwear brand with a stock that has outperformed the market over the past five and ten years. Accordingly, CROX posted a 5Y and 10Y total return of 28.8% and 21.6%, respectively. However, it doesn’t mean that CROX is immune to shorter-term market volatility, depending on when investors…
TommL/iStock via Getty Images Note: All currencies are denominated in Polish zloty (PLN) unless otherwise stated. Dino Polska (OTCPK:DNOPY) (OTCPK:DNOPF) has become one of my largest holdings (~15% of the portfolio), not just because of the stock price appreciation, but also because of my conviction in the company, the management, and the predictability of the…
alvarez/E+ via Getty Images We previously covered MercadoLibre, Inc. (NASDAQ:MELI) in September 2023, discussing its solid prospects over the next few years, thanks to its well-diversified vertically-integrated offerings across online retail, logistics, fintech, and advertising. Combined with the management’s efforts to aggressively grow market share profitably, we had confidently reiterated the stock as a long-term…
DKosig Investment Thesis Infinera (NASDAQ:INFN) has been trending down for the last year and is currently down around 30%, so I wanted to have a look at the company´s financials because it was suggested to me by a friend of mine. Unfortunately, the company is at a stage that I do not particularly like to…
The Good Brigade Basic-Fit (OTCPK:BSFFF), Europe’s premier affordable fitness chain, recently held a 2023 Capital Markets Day highlighting solid growth. Its rapid expansion across Europe – signaling continued momentum for its affordable approach. I think this is a very high quality business with true earnings power. Keep my buy rating. Business update At its recent…
martin-dm Investment thesis Our current investment thesis is: SSNC is positioned well to generate strong long-term returns, with limited volatility, due to its strong market position in various verticals. The company has good market share and expertise, with service diversification reducing downside risk. Its strong position is reflected in its margins, which are industry-leading. We…
Alex Potemkin/iStock via Getty Images Introduction Centrus Energy Corp. (NYSE:LEU) is a supplier of enriched uranium for nuclear fuel and services in nuclear power energy in the United States. Nuclear energy is a well-grounded source of carbon-free energy, which makes it a valuable asset for the energy transition process. The total revenue of Centrus comes…
John M. Chase/iStock Unreleased via Getty Images Research Note Summary Early November is a season of much change in the air and on the ground, so in today’s note, I am returning to the tech sector, an industry known for its constant change. In this sector, one company that stuck out to me this week…
imaginima We previously covered Netflix, Inc. (NASDAQ:NFLX) in April 2023, discussing its excellent prospects thanks to the password-sharing crackdown and ongoing SAG-AFTRA/ WGA strike, contributing to its improved top and bottom lines then. The management had also projected an expanded FY2023 Free Cash Flow generation of $5B (+210.5% YoY), potentially resulting in increased share repurchases,…
Despite its aim to achieve profitability next year, the company grapples with persistent challenges. During the Vox Media Code Conference on Wednesday, Linda Yaccarino, CEO of X (formerly Twitter), said confidently that the company is on track to achieve profitability in early 2024. The optimistic outlook follows the company’s determined efforts to rebuild its reputation…
gorodenkoff Investment thesis Investors’ optimism about Proto Labs (NYSE:PRLB) has been disappearing since January 2021, which has caused a very significant drop in its share price. It is true that sales have exceeded pre-pandemic levels, but profit margins have decreased over the years due to the expansion of product offerings and, more recently, due to…
Hiraman/E+ via Getty Images Investment thesis Our current investment thesis is: Jill’s growth has been underwhelming, as its niche demographic and competitive pressures have impeded the company’s progress. This has worsened in recent quarters, with negative growth and a lack of new stores. We suspect the business will continue to struggle. Offsetting this issue is…
metamorworks Smartsheet: Putting some investor concerns to rest: It may hard to accept that Smartsheet (NYSE:SMAR) has now become a GARP story. Like many high growth IT companies it started its life as a public company valued stratospherically. As percentage revenue growth decelerated and valuations of most high growth IT companies compressed, Smartsheet valuation fell…
Jorge Aguado Martin Back in mid-July, I placed a “Hold” rating on Block (NYSE:SQ), saying that while it’s been posting solid growth and its valuation has become more attractive, there were still a lot of questions about competition, the macro environment, and its Cash App business metrics. Since then, the stock has fallen about -17%….
Spencer Platt Summary Following my coverage of iQIYI (NASDAQ:IQ), I recommended a buy rating due to my expectation that IQ will continue to report sustainable, profitable growth. This post is to provide an update on my thoughts on the business and stock. I reiterate my buy rating for IQ as the business continues to showcase…
DNY59 We remain bullish on Uber Technologies, Inc. (NYSE:UBER) post Q2 2023 earning results as our investment thesis of profitable growth driven by mobility gross bookings is playing out. We see further upside ahead for the stock driven by increased audience frequency and pricing into 2024 as the platform expands internationally and leverages machine learning…