Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Artificial intelligence companies that have spent billions of dollars building so-called large language models to power generative AI products are now banking on a new way to drive revenues: small language models. Apple, Microsoft, Meta…
apidechphoto/iStock via Getty Images Intro We wrote about Commercial Metals Company (NYSE:CMC) in 2020 and multiple times in 2021 when we stamped a ‘Buy’ signal on the steel fabricating company. Since our initial ‘Buy’ call in July 2020, shares have returned approximately 200% for corresponding shareholders. The company’s keen valuation at the time, supporting technicals…
bjdlzx Occidental Petroleum (NYSE:OXY) earnings elicited a big yawn from the market. Then again, many times, cost-cutting when commodity (and corresponding stock) prices are in the “yawn” range does not get a reaction from Mr. Market until they head back up again. For investors, doing your homework now on the long-term cost progress is likely…
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Factory profits in China have retreated from a two-year high, according to official data, highlighting concerns that industrial overcapacity is complicating Beijing’s efforts to revive momentum in the world’s second-biggest economy. Industrial profits at…
Jose Luis Pelaez Inc/DigitalVision via Getty Images The premium infant formula maker is taking a hit from China’s low birth rate, but investors may like its dividends and transition to other dairy products China Feihe Ltd.’s (OTCPK:CFEIY, OTCPK:CHFLF, 6186.HK) 2023 year-end results, announced last week, were dismal enough to leave investors crying over plenty of…
ricardoreitmeyer Early January this year, I wrote a bullish article on Blue Owl Capital (NYSE:OWL) establishing a clear buy rating considering the underlying focus on private credit space, which exhibits secular tailwinds. Another driver behind the bull thesis here was the relatively attractive dividend of ~ 4% that in conjunction with resilient and growing asset…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. With Bitcoin’s next halving set to take place this month, miners are using record profits to…
Hispanolistic Banks are having profit problems. Corporate pre-tax profits in all non-financial domestic industries combined – this excludes our suffering banks and other financial companies – jumped by 5.6% in Q4 from Q3, and by 10.7% year-over-year to a record seasonally adjusted annual rate of $2.69 trillion, according to data by the Bureau of Economic…
scotto72/E+ via Getty Images Late last week I sold most of my Nucor Corporation (NYSE:NUE) stock, because I think the stock market is too high and because of issues specific to Nucor. NUE has soared 450% (568% total return) since my January 2016 buy recommendation article compared to 175% for the S&P 500, and it…
SvetaZi/iStock via Getty Images Investment Thesis UiPath (NYSE:PATH) is a stock that a few people reached out to me for insights, on the back of its Q4 2024 results. I very much like this business, given that it has no debt on its balance sheet. For me, that’s a very important starting position. These considerations…
ymgerman In my previous article about Getty Images (NYSE:GETY), I assigned a price target of $8 per share and outlined the case for my bullish position. Ahead of the March 14th earnings call, I felt the need for a closer examination of the company’s qualitative characteristics. In this article, I maintain my price target of…
Snizhana Galytska/iStock via Getty Images Investment thesis: Following an over 60% gain in Greenbrier’s (NYSE:GBX) stock price in the past year, the inevitable question is whether there are enough significant drivers, both internal as well as external, to push this stock higher from here. Internally, the company continues to operate well, financially, and it is…
JHVEPhoto/iStock Editorial via Getty Images Multinational Japanese drug company, Takeda Pharmaceutical (NYSE:TAK) reported a 4.6% (YoY) growth in Q3 2023 revenue in the 9 months to December 31, 2023. Sales grew to JPY 3.2 billion from JPY 3.0 billion in the prior year driven by positive foreign exchange moves (forex) and pipeline advancements. The stock…
champc Introduction I’ve written three articles on SA about industrial equipment company TerraVest Industries (OTCPK:TRRVF) (TSX:TVK:CA), the latest of which was in August 2023 when I said the Q3 FY23 financial results were disappointing, and that the valuation was starting to look stretched. In my view, the Q1 FY24 financials were strong thanks to recent…
Ievgen Postovyk/iStock via Getty Images Investment thesis Note: Dollar amounts refer to USD. Please also note BHP’s financial year ends June 30, so December 31 is the half-year period. BHP Group Limited (NYSE:BHP) reported its half-year earnings this past week and profits allegedly dropped by 90% on weak nickel prices: Seeking Alpha The negative reports…
Bloomberg/Bloomberg via Getty Images Introduction In my previous article, I had a buy rating on Verizon (NYSE:VZ). At the time, I viewed Verizon’s net customer acquisition trend favorably as the company’s multi-quarter losses were improving nearing positive net adds. Further, I also believed that Verizon could expect a meaningful tailwind due to potentially favorable macroeconomic…
michalPuchala/iStock via Getty Images Following BARK, Inc.’s (NYSE:BARK) journey since my first bullish article eight months ago has been a volatile journey, to say the least. Since then, the stock has lost 19.86% of its value, and its short interest has increased from 10.07% to 16.24%. Unfortunately for the initial investors, Bark went public through…
Vertigo3d Back In November 2022, I published an article recommending AIO as a bargain CEF depressed by tax loss selling. At the time, the discount was 14.5%. The fund traded sideways for awhile after the article, but has recently been moving higher, and the portfolio has changed quite a bit since then to own more…
Dimensions/E+ via Getty Images Amid an ultra-high market environment where the S&P 500 is still sitting at the ~5,000 watermark in spite of recent concerns about the pace of Fed rate decreases, it’s a great time for investors to be extra selective in their stock-picking. I, in particular, am favoring rebound plays: companies that had…
JHVEPhoto PepsiCo (NASDAQ:PEP) delivered another batch of solid quarterly results and closed the books with yet another year of double-digit earnings growth. In prior quarterly coverage on PEP, I maintained a bullish posture on the stock. In Q3, I noted that the company had a clear path to their 10% organic revenue growth target. I…
Sundry Photography Though many tech stocks have lost their luster in the wake of the post-pandemic era, Zscaler (NASDAQ:ZS) has long remained a Wall Street favorite. This cybersecurity company – one of the leading vendors that secures cloud-based applications from cyber threats – has seen its share price surge nearly double over the past year,…
Capuski By Doug Young Lots has been happening lately in the kitchen of appliance maker JS Global Lifestyle Co Ltd. (OTCPK:JGLCF, 1691.HK). Most recently, the maker of gadgets like coffee makers and blenders warned this week that its profit fell nearly 40% last year. But the big story for this company is the major haircut…
FinkAvenue Investment Thesis Microsoft Corporation (NASDAQ:MSFT) is truly in its stride. The firm is executing their commercialization of AI strategy perfectly by providing users with great AI-enhanced versions of existing products. The latest fiscal Q2 results see Microsoft boasting great levels of revenue and margin growth, with the firm enjoying a solid mix of high-margin…
Araya Doheny/Getty Images Entertainment Colgate-Palmolive Company (NYSE:CL) has just announced its Q4 2023 earnings, marking the end of a year that saw growth in both the top and bottom lines. Despite flat volume growth, the strength of the company’s brand has enabled it to boost its top line. With an ROA of 14.03%, significantly outperforming…
Today, Bitwise Asset Management unveiled a new initiative, confirming their pledge to allocate 10% of profits from the Bitwise Bitcoin ETF (BITB) towards supporting Bitcoin open-source development, according to a press release sent to Bitcoin Magazine. The donations will benefit three esteemed non-profit organizations – Brink, OpenSats, and the Human Rights Foundation’s Bitcoin Development Fund. “Bitcoin…
D-Keine The John Hancock Preferred Income Fund III (NYSE:HPS) is a closed-end fund that specializes in providing its investors with a very high level of current income. The provision in income is something that has become a popular strategy among retirees and others who are dependent on the investments in their portfolio to cover their…
In a significant move showcasing dedication to the broader Bitcoin ecosystem, VanEck, a notable investment management firm, has pledged to allocate 5% of profits generated from their Spot Exchange-Traded Fund (ETF), if approved by the SEC, towards supporting Bitcoin Core developers for a period exceeding a decade. VanEck has already started this initiative by making…
NoDerog Americans love their eggs. I guess I always knew that, as one trip to a breakfast-centric diner shows a lot of eggs, hash browns, and toast being slung around. But the data suggests the average American eats 279, or more, eggs per year. So they don’t just like eggs, they really, really like eggs….
Martin Leber Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is likely to suffer from interest rate cuts in 2024 and higher loan losses, thus I see its shares as overvalued right now. As I’ve covered in the past, I have been bullish on BBVA for a long time, especially after its decision to sell the U.S. business…
fotoslavt/iStock via Getty Images In our last article, we gave (NYSE:BAC) a rare buy rating. We had the coupling of extreme valuations alongside some other factors that setup extraordinary returns. Our point is that the bond bear story, even if it pans out longer term, will take time to do so. There are no one-way…
JHVEPhoto/iStock Editorial via Getty Images Shares of Extra Space Storage Inc. (NYSE:EXR) have had a booming rally over the past two months, rising about 50%, which has brought them back to the flatline over the past year with this rally unwinding what had been a significant weakness. While the company operates a very defensive business,…
Mohijaz/iStock via Getty Images Investment Thesis Dry bulk shipping has seen large volatility in rates recently. A doubling of rates for the larger Capesize vessels came and went like the morning dew. Much of this is likely a result of the fervent fixing of vessels by the Chinese to restock commodities for deliveries before their…
gorodenkoff History will be kind to me for I intend to write it.”― Winston S. Churchill. Today, we put mid-cap biopharma concern BridgeBio Pharma, Inc. (NASDAQ:BBIO) back in the spotlight for the first time since May of this year. That article concluded that BridgeBio merited a small holding within a well-diversified biotech portfolio. The stock…
Michael Loccisano/Getty Images Entertainment Stocks are soaring to YTD highs, which should be a trigger for investors to re-examine their portfolios and determine which stocks still belong in them. Booking Holdings (NASDAQ:BKNG), the leading online travel agency, is one stock that merits a hard re-evaluation. Now up more than 50% year to date, the market’s…
yipengge/E+ via Getty Images Nissin Foods Co. Ltd. (OTCPK:NFPDF) (1475.HK) is showing that growing sales aren’t the only – or even the most important – ingredient for success in China’s massive instant noodle market. The company, known locally for its Cup Noodles and Gongzai Noodles that have become synonymous with one of China’s favorite fast…
Editor’s note: Seeking Alpha is proud to welcome Brave Investor 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 » filmestria/iStock Editorial via Getty Images Investment Thesis In A…
In light of HSBC’s robust results, the banking giant’s board approved a third interim dividend of 10 cents per share. HSBC Holdings Plc (LSE: HSBA.L), Europe’s largest bank by assets, has reported remarkable financial results for the third quarter of 2023, with its profit after tax surging to $6.26 billion. Beyond Profits: HSBC’s Q3 2023…
Viktor Aheiev/iStock via Getty Images Many investors get into trouble holding popular stocks well after a reasonable valuation disappears. The old Wall Street adage is… you can be a bull or a bear, but don’t be a pig. Greed and arrogance can work during a rising trend, sure. It can also get you into a…
Giuliano Benzin Investment Thesis Netflix (NASDAQ:NFLX) pleased investors again with Q3 earnings – company showed stable organic user base growth and it seems that management has been developing for last 2 years to work really well. We maintained BUY rating and there is still upside with potential development of the gaming segment. Q3 FY2023 earnings…
TonyBaggett/iStock Editorial via Getty Images Introduction Starbucks (NASDAQ:SBUX) places investors at a crossroads. On one side, the company is iconic and popular across the globe and is seen as the top pick among coffee makers and bars. On the other, many investors stay away from the stock because of its high valuation. As Starbucks is…
UniCredit has marginally increased its revenue projections for the year 2023 while anticipating a minimum net profit of 7.25 billion euros this year. On Tuesday, October 24, Italy’s UniCredit announced its Q3 2023 results with larger-than-expected profits. The boost in profits comes amid high rates that boosted the company’s income. Besides, UniCredit is also holding…
Charday Penn UK based financial services company Phoenix Group Holdings (OTCPK:PNXGF) has a firmly established status as a big insurance and investments provider. It’s even a part of the FTSE 100 (UKX) index, which includes the biggest 100 stocks by market capitalisation on the London Stock Exchange. Neither its position nor its huge trailing twelve…
Delta AirLines see strong demand for international travel during the fourth quarter of 2023. However, rising fuel costs can eat into the company’s profits. In their latest update, Delta Air Lines (NYSE: DAL) reported that their profits jumped by a staggering 60% during the third quarter (Q3 2023) as the travel demand remained strong during…
woraput Introduction US school chair and desk producer Virco Mfg. Corporation (NASDAQ:VIRC) is on my watchlist and I’ve written two articles about the company on SA so far. The latest of them was in June, when I said that I expected the strong backlog and high inventory levels to enable Virco to book operating income…
Ralf Hahn Massively inflated during the pandemic, corporate profits are still not normalizing, and bode well for future investments and economic growth. So I’ll just start with this, and then I’ll follow with the essential nitty-gritty: “Corporate profits” (all businesses that file corporate tax returns, including LLCs and S corporations, see nitty-gritty #2 below) before…
Francesco Scatena/iStock via Getty Images Preamble The next time you chow down on a pizza or burger, you may want to consider the packaging in which it arrives. Specifically, consider why the paper doesn’t fall to bits after being drenched in the grease that inevitably flows from a beef patty or a bunch of freshly…
Currently, Inditex has outlets in about 213 countries globally and only a low market share in many of them. Consequently, the company notes it has strong growth potential in many countries where it has an office. Fast fashion company Inditex has posted a net profit of $2.7 billion for the six months to July 31….
Boy Wirat/iStock via Getty Images When I was a broker in the 90s there were a couple of mutual funds that followed “socially responsible” investing strategies. At the time the vast majority of companies just focused on their business and didn’t pay heed to any social issues, so the universe these funds had to choose…
skynesher/E+ via Getty Images The Dow Jones U.S. Select Home Construction Index plunged in early 2020 as the global pandemic gripped markets across all asset classes. Chart of the Dow Jones U.S. Select Home Construction Index (Dow Jones) After rising to a record 8,947.33 high in February 2020, the index plunged 49.5% to a 4,520.63…
Hitman h/iStock Editorial via Getty Images Investment Thesis MGM Resorts International (NYSE:MGM) is a leading hospitality and gaming company with a diverse portfolio of properties, both domestically and internationally. The company has amassed over 40 million loyal customers through its Rewards program. In addition, MGM has a long-term partnership with Marriott International (MAR), which gives…