Monty Rakusen Intro & Thesis I initiated coverage of Medtronic plc (NYSE:MDT) stock in October 2023, with only one subsequent update on January 10, 2024. Up to that point, my rating remained bullish, but unfortunately, following the latest update, the stock has shown underperformance relative to the broader market, the S&P 500 (SP500) (SPX) index:…
WendellandCarolyn/iStock via Getty Images At the start of this year, I believed that shares of Carrier Global (NYSE:CARR) were carrying a great deal of momentum into 2024. Since the company was spun-off from United Technologies (which itself now belongs to RTX (RTX)), the company has quickly built up a solid value creating track record, as…
Caiaimage/Martin Barraud/iStock via Getty Images Zymeworks Inc. (NASDAQ:ZYME) is a clinical-stage biotechnology company focused on developing innovative therapies for challenging to treat cancers and other serious conditions. ZYME leverages proprietary platforms concentrated on Multispecific Antibody Therapeutics and Antibody-Drug Conjugate Technologies. These platforms drive the creation of treatments to support a dynamic pipeline of drug candidates,…
Justin Paget Since my last coverage on Utilities Select Sector SPDR Fund ETF (NYSEARCA:XLU), the fund has remained marginally flat in terms of performance. However, the near-term outlook doesn’t look promising, and with this piece, I’m downgrading the XLU to a Hold rating, in line with a lower upside potential. Last time, I suggested that…
Paul Bradbury Today I’d like to discuss a niche software company that went public back in 2021. This company has a strong founder-led CEO and has been growing revenue and clientele in recent years. The company’s stock price is up over 12% YTD and is up nearly 40% year-over-year. However, this is still an unprofitable…
B4LLS/iStock via Getty Images Introduction I’ve written four articles on SA about Mega Matrix (NYSE:MPU), the latest of which was in November 2022 when I said that Mano was the only NFT game in its alSpace metaverse universe and all signs pointed to a severe lack of interest from players. The company recently pivoted to…
VisualCommunications/E+ via Getty Images Introduction Vail Resorts, Inc. (NYSE:MTN) is an owner and operator of ski resorts in North America and Europe. With over 40 mountain resorts, the company owns some of the most well-known and highly coveted mountain resorts visited by millions of skiers and snowboarders every year. It also has other activities like…
imaginima Investment Thesis Pure Storage, Inc. (NYSE:PSTG) delivered an enticing outlook for fiscal 2025 (the current calendar year) with its Q4 fiscal 2024 results. Note that PSTG’s fiscal year and calendar year are misaligned. What ignited the bull case for investors is that PSTG has found a path to increase its underlying profitability, while at…
ktsimage Strategic Acceleration: Rocket Pharmaceuticals’ RP-A501 For Danon Disease Rocket Pharmaceuticals, Inc. (NASDAQ:RCKT) stock is up 76% since my “Buy” recommendation in August. The stock shot up in September on the heels of a public offering and some other news. Interestingly, the FDA and Rocket reached an agreement supporting the potential for accelerated approval based…
PM Images/Stone via Getty Images Introduction By now, I doubt that it may come as a surprise to many readers when I say that I have started to like the midstream industry a lot in recent years. While the industry was total dead money before 2021 due to elevated capital spending and subdued income, it…
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…
Caroline Purser/The Image Bank via Getty Images Topline Summary Beam Therapeutics (NASDAQ:BEAM) is biotech with a diversified portfolio of cell and nanoparticle-based therapeutic candidates in its pipeline. They also have a big pool of assets that will carry them for years. But it’s going to take time to come to fruition, and I just don’t…
DarkGel Investment Overview I last updated on Iovance (NASDAQ:IOVA), the San Carlos, California based biotech, back in September last year, after a protracted market sell-off had reduced the company’s share price from ~$6 per share, to a little over $3 per share. For a full overview of Iovance’s long and somewhat tortuous journey to becoming…
dem10 UiPath (NYSE:PATH) stands out as a notable player in the robotic process automation (RPA) space. The company has carved out a niche by developing innovative solutions for automating routine tasks that have traditionally been done by humans. In the era of AI, UiPath is one of the first software companies to fully embrace AI…
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis The AES Corporation (NYSE:AES) is down about 33.18% over the last year underperforming the S&P500 by a margin of about 57%. Seeking Alpha This might be because of its heavy debt load and poor profitability, in my opinion. These factors, along with the hazy regulatory landscape in the…
richard johnson Note: I have covered EuroDry Ltd. (NASDAQ:EDRY) previously, so investors should view this as an update to my earlier articles on the company. Similar to peers, shares of small, Greece-based dry bulk shipper EuroDry Ltd. (“EuroDry”) have been in demand following a recovery in dry bulk charter rates over the past two months….
clodio/iStock via Getty Images Today, Brunello Cucinelli (OTCPK:BCUCY) is one of Italy’s most influential contributors to the prestige of the “Made in Italy” label. Based in Solomeo, a small village in Umbria, Brunello Cucinelli uses the rich regional expertise in craftsmanship to produce the best cashmere products and simultaneously carry the Italian dream into the…
Kinwun CD Projekt (OTCPK:OTGLY) has regained the favor of the gaming community with the critically acclaimed Cyberpunk 2077: Phantom Liberty expansion. While the expansion’s attachment rates were a bit lower than expected given how well the expansion was received, CD Projekt has rebuilt a strong foundation for the future. Not only did CD Projekt rebuild…
vm Hims & Hers Health (NYSE:HIMS) has seen the stock snapback with the company continuing to report strong quarterly results and improved profits. The online health and wellness platform is also moving into AI based medical services along with a push into crucial weight loss management considering the soaring costs of related medicine. My investment…
HJBC Year-to-date, the STOXX Europe 600 Insurance is up by 8.5% and has delivered a total return, including dividend payment, of almost 12.1%. Looking back, in 2022, we reported how AXA SA was our Favorite Insurer (OTCQX: AXAHY, OTCQX: AXAHF), and YTD, the company confirmed its best-in-class return story, delivering a total performance of 13.75%….
sorn340/iStock via Getty Images Americold Realty Trust, Inc. (NYSE:COLD) is a prominent global player in the cold storage industry, providing temperature-controlled storage and value-added services. This REIT mainly acquires, develops, and leases temperature-controlled warehouses that are designed for the storage of temperature-sensitive items, including pharmaceuticals and food products. Though I am intrigued by the prospects…
mohd izzuan Cabaletta Bio (NASDAQ:CABA) is a biotechnology company still in its clinical stages and has no revenues yet. This stock exposes investors to CABA’s CARTA and CAART, both relatively promising across various afflictions. Nevertheless, CABA’s main research project appears to be CABA-201, which helps patients suffering from SLE. This opens the door to a…
onurdongel Introduction Dream Finders Homes (NYSE:DFH) – with a trusted brand, an asset-light business model, and a focus on expanding into new markets, DFH is well-positioned to capture market share and generate solid returns for investors. Despite the industry’s cyclical nature and tough competition, DFH has maintained a high ROE and is seeking to reduce…
vovan13 Primo Water Corporation (NYSE:PRMW) has shifted toward a North America-focused pure water approach, which has displayed promising results, especially considering the consistent upward momentum in both top and bottom-line performance across the last three quarters. The recent Q3 2023 results further validate this upward trend. However, it’s crucial to acknowledge underlying concerns within the…
wildpixel Thesis overview Karyopharm’s (NASDAQ:KPTI) lead candidate is selinexor, which has a novel mechanism of action. It acts as a selective inhibitor of nuclear export by binding to exporting 1 (XPO1). KPTI has been the leader in targeting this pathway and has successfully developed selinexor, with 3 approvals so far; in penta-refractory multiple myeloma, in…
Wirestock/iStock via Getty Images Introduction Workday (NASDAQ:WDAY) is going to report Q3 ’24 earnings on the 28th of November ’23 after market close. I wanted to cover what the company is expecting to do in the quarter, give my thoughts on what I would like to see from the company, and some comments on the…
Anderson Coelho/E+ via Getty Images Investment Thesis In early October, I shared my bullish perspective on PayPal (NASDAQ:PYPL), deeming it a Buy. Following the recent Earning Reports, my conviction has only strengthened. The latest earnings call held no significant surprises, with earnings slightly surpassing consensus expectations. These results align with our Discounted Cash Flow growth…
Justin Sullivan Summary Pinterest, Inc. (NYSE:PINS) is a visual discovery and bookmarking platform that allows users to explore, save, and categorize images and ideas on virtual pinboards. Catering to both individuals seeking inspiration and businesses aiming to reach a targeted audience, PINS bridges the gap between discovery and action. Users can find ideas on everything…
Sakorn Sukkasemsakorn Investment Thesis Cameco Corporation (NYSE:CCJ) just reported Q3 results of CAD$0.32 (approximately US$0.23), a big beat against the CAD$0.10 EPS analysts expected). It also declared another CAD$0.12 dividend. As an unwavering bull of Cameco, you might expect me to be very pleased with this latest set of results. Author’s work And you’d be…
kemalbas My thesis Moderna (NASDAQ:MRNA) stock price has been on a downward trend since the end of 2021 when the Omicron variant appeared, limiting the need for vaccination due to lower severity and greater ability to spread which generated a broader immunity. However, the mRNA purpose should not end with applications restrained to the respiratory…
pidjoe Investment Thesis Hallador Energy (NASDAQ:HNRG) demonstrates strong financial health, indicated by a low leverage ratio of 0.94 and a debt reduction of $11 million in six months. High coal prices have boosted operating revenues by 73% compared to last year, and the company’s strategic increase in coal inventory prepares it for rising energy demands….
hapabapa Focused on the Fundamentals In a recent Management Meeting, PayPal (NASDAQ:PYPL) executives went into details on some key business initiatives that they are rolling out. I want to highlight a few of these as they look promising for future earnings growth. Before I get started on this, I want to provide some helpful background…
Morsa Images Over the past few months, Overstock.com, Inc. (NASDAQ:OSTK), now officially rebranded as Bed Bath & Beyond has experienced a period marked by significant events. The acquisition of Bed Bath and Beyond in June garnered positive attention from consumers, propelling the stock to notable gains. However, a noticeable downturn has since occurred, with the…
wagnerokasaki Nu Holdings (NYSE:NU) is the holding company for Nubank, a rapidly growing Latin American digital bank with branches in Brazil, Mexico, and Colombia. When I last wrote about the company, it was only a little over two months after its December 2021 initial public offering (IPO) and shortly after the company released its fourth…
In addition to the 15% price surge, Solana’s total value locked (TVL) reached an impressive milestone on October 2, standing at $338.82 million. In a surprising turn of events, Solana (SOL), one of the most popular cryptocurrencies in the market, has experienced a remarkable resurgence, witnessing a 15% surge in its price over the last…
anyaberkut Written by Nick Ackerman, co-produced by Stanford Chemist. Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) takes a unique approach to blend together its portfolio with three of these different sectors. The fund trades at a deep discount, which has actually widened out since our last coverage well over a year ago. The discount might…
Liz Leyden/iStock Unreleased via Getty Images Introduction Shares of Genesco (NYSE:GCO) have fallen 28% YTD. Despite the fact that the company’s financials look better than expected under pressure from macro headwinds, I believe that at the moment the upside potential of the quotes is limited. Investment Thesis First, I think that the pressure from macro…
metamorworks A Quick Take On Patria Investments Patria Investments Limited (NASDAQ:PAX) went public in January 2021, raising approximately $512 million in gross proceeds in an IPO that priced at $17.00 per share. The firm provides investors with access to alternative investment opportunities throughout Latin America. I previously wrote about Patria with a Hold outlook. I’m…
Michael Vi Investment Thesis I believe Tencent Holdings Limited (OTCPK:TCEHY) stock is a buy. The company’s ‘super-app’, WeChat, underscores its unparalleled dominance in China’s tech landscape, reaping the benefits of network effects and offering a comprehensive range of services that cater to diverse user demands. Beyond this, Tencent’s global gaming endeavors, despite the temporary regulatory…
breakermaximus Overview My recommendation for Cadre Holdings (NYSE:CDRE) is a hold rating, as I view the valuation as fairly valued. That said, I am bullish on the business due to its highly visible reoccurring revenue stream, cash flow-generative business, neat balance sheet (that can be used to drive growth via M&A), and consistent pricing power….
dusanpetkovic Quest Diagnostics (NYSE:DGX) recently reported their Q2 earnings with a slight beat on EPS and revenue. Quest’s base business appears to be recovering from the pandemic and pulled in $2.30B in revenue, up 9.5% year-over-year. Although COVID-related revenues have faded, the company was encouraged enough to update their full-year 2023 revenues to $9.12B -$9.22B….
pcess609 Introduction NextEra Energy (NYSE:NEE) is a leading company in the production of electric power and energy infrastructure in the United States and Canada. NEE’s business structure is a combination of regulated utilities and renewables that provide capacity for higher long-term growth in the future. The company’s business mainly includes FPL, one of the largest…
FatCamera Summary Readers may find my previous coverage via this link. My previous rating was a hold as I believed FIGS (NYSE:FIGS) would continue to see pressure on revenue and margin due to the ongoing inventory issue overhang. I am revising my hold rating for FIGS as I await another quarter of operating improvements before…