Fly View Productions For over a year now, I have been familiarizing myself with many of the financial institutions out there. Most of my emphasis has been on small to medium sized banks. Few of them have had market capitalizations exceeding $10 billion. And many have been $2 billion in size or less. But one…
The Good Brigade/DigitalVision via Getty Images Things are getting really interesting when it comes to entertainment giant Paramount Global (NASDAQ:PARAA) (NASDAQ:PARA). Shares have been shooting up and pulling back over the past couple of days as opportunity arises because of a new bid to acquire the business, and as concerns over whether or not that…
Susumu Yoshioka/DigitalVision via Getty Images April 29th ended up being a rather interesting day for shareholders of metal packaging firm Crown Holdings (NYSE:CCK). After the market closed, shares jumped about 3.3% in response to management announcing financial results covering the first quarter of the company’s 2024 fiscal year. Although the firm failed to meet expectations…
Bosca78 While I never let my personal feelings get in the way of my investment decisions, I do have emotional ties with certain companies. One of those firms happens to be The Timken Company (NYSE:TKR), a business that’s focused on the production and sale of products like engineered bearings and power transmission products. This is…
paule858 Over the past several years now, I have come to really appreciate the telecommunications industry. Not every aspect of it is appealing to me. But one that is involves the ownership and leasing out of telecommunications towers. This checks off all of my major boxes. It’s a stable industry with strong cash flows. It’s…
RyanJLane One of the most common sayings that I have heard is, ‘may we be cursed to live in interesting times’. And these most certainly are interesting times. This is true on a macro scale. But it’s also true when talking about individual investment opportunities. As an example, we need only look at International Game…
Anton Petrus/Moment via Getty Images The stability of Prospect Capital’s (NASDAQ:PSEC) net asset value was at stake going into its fiscal 2024 second-quarter earnings. This figure had been dipping in the quarters preceding and fell by 33 cents to $8.92 per share during the second quarter or to $3.68 billion on a nominal basis. PSEC’s…
Peach_iStock There has been an increased chatter around private credit players and how they are poised to benefit from the current tailwinds that are associated with higher interest rate environment and more risk-averse (regulated) traditional banking sector. Since the Fed decided to become more restrictive, the overall BDC space has gone nowhere but up, outperforming…
Fly View Productions With a market capitalization of $5.51 billion as of this writing, Valley National Bancorp (NASDAQ:VLY) is one of the larger banks that I have decided to perform a deep dive into over the past year. Over the past few years, revenue and profits for the institution have skyrocketed. There has been some…
1971yes From my experience, some of the smallest companies offer up some of the best opportunities for investors. And very few companies out there have a market capitalization of less than $200 million. One such firm that I believe warrants the attention of investors is Graham Corporation (NYSE:GHM). In recent years, management has done a…
FatCamera Newly listed American Oncology is a healthcare stock with ample growth potential, but is still quite speculative at this point. Thesis Over the past five years, American Oncology has grown rapidly, and is likely to stay on that trajectory. However, it is a microcap with a somewhat uncertain valuation and thin margins. About American…
Gian Lorenzo Ferretti Photography The Fed is done raising rates which means 2024 offers business development companies a dynamic and perhaps more difficult macroeconomic environment to generate investment income. The current Fed funds rate at 5.25% to 5.50% is also likely to have been cut by 50 to 100 basis points by the end of…
JHVEPhoto/iStock Editorial via Getty Images Introduction The Houston-based ConocoPhillips (NYSE:COP) released its second-quarter 2023 results on August 3, 2022. COP is one of the world’s largest independent oil & gas producers, with 58.9% of oil equivalent production coming from the lower 48, especially three prolific basins: Permian, Eagle Ford, and Bakken. COP 2Q23 Production Oil…
CopterAnansak/iStock via Getty Images This article delves into the substantial financial advancements and long-term technical trajectories of T. Rowe Price Group, Inc. (NASDAQ:TROW). The article explores the economic growth of TROW in the second quarter of 2023, marked by an increment in assets under management (AUM) despite experiencing net client outflows. The future perspective for…
PM Images I wrote an article about Prospect Capital (NASDAQ:PSEC) on July 7 (article can be read by clicking here) as its valuation had gotten very interesting. In the article, I indicated that I wanted to wait until their fiscal Q4 earnings were released so I could see some additional data prior to starting a…
Denis-Art/iStock via Getty Images This article discusses the recently reported results for Prospect Capital Corporation (NASDAQ:PSEC) and is a follow-up to the previous article comparing it to FS KKR Capital (FSK): Similar to last year, Prospect Capital has filed an NT 10-K indicating that the company and its auditor: “require additional time to complete the…
JamesBrey Note: All amounts discussed are in Canadian Dollars On our last coverage of Fortis Inc. (NYSE:FTS) (TSX:FTS:CA), we gave it a pass while acknowledging it was very close to a failing grade on raw valuation. Specifically, we said: Nonetheless, if you add the 20.3X earnings multiple and the 6X debt to EBITDA, we have…
stockstudioX/E+ via Getty Images Some investment opportunities tend to pay off rather quickly. Others, unfortunately, often require patience. It seems as though more companies fit into the latter category, but I digress. One firm that does fit in this latter category, in my opinion, is none other than Vail Resorts (NYSE:MTN), an owner and operator…