Victor Golmer/iStock Editorial via Getty Images Dear readers/followers, My investment in KION (OTCPK:KIGRY) stock has been paying off, since purchasing shares, and a respectable position at a low valuation. My last major buy was made during later periods of 2022 – and my stance has produced a TSR of over 35% including the dividend, compared…
da-kuk Jumia Technologies (NYSE:JMIA) has historically been a divisive stock due to the “Amazon of Africa narrative” and the extremely poor fundamentals of the business. I long felt that the company had poor prospects due to its limited financial resources and pursuit of growth at all costs. After a change in management, the company is…
Oselote A Hold Rating for shares of Aya Gold & Silver Inc. Canadian mining and exploration company Aya Gold & Silver Inc. (OTCQX:AYASF) (TSX:AYA:CA) has a very positive outlook. Driven by robust silver pricing coupled with strong operations, the cash flow generation enables growth projects to focus on resource exploration and processing capacity development. The…
monsitj Investment Thesis Fortive Corporation (NYSE:FTV) should continue to deliver good revenue and margin growth moving forward. The company’s revenue growth should benefit from continued strength in its Intelligent Operating Solutions and Advanced Healthcare Solutions segments. While the Precision Technologies segment has seen some weakness over the last few quarters, some green shoots like stabilizing…
Pixelimage We previously covered ASML Holding N.V. (NASDAQ:NASDAQ:ASML) (OTCPK:ASMLF) in January 2024, discussing why we believe that its 2024 commentary had been on the cautious side, with multiple Big Tech companies and data center REITs still reporting growing appetite for cloud computing/ generative AI services and infrastructure related spending. However, with the stock already recording…
Nikada Right at the end of 2023, I wrote an article about PIMCO Corporate and Income Opportunity Fund (NYSE:PTY), which is a fixed income biased CEF managed by PIMCO. In the article, I was rather optimistic on PTY’s prospects to register price appreciation in 2024 due to the forthcoming normalization in the interest rates that…
hapabapa Elevator Pitch I have a Buy rating awarded to NerdWallet, Inc. (NASDAQ:NRDS) shares. In my previous August 24, 2023 write-up, I touched on NRDS’ potential M&As (Mergers & Acquisitions) and margin expansion levers. My attention turns to NerdWallet’s long-term financial goals and the company’s capital allocation approach in the latest update. My latest article…
Richard Drury We previously covered British American Tobacco p.l.c. (NYSE:NYSE:BTI) in January 2024, discussing the management’s great success in renewing its tobacco portfolio, with the New Categories segment boasting an accelerated top-line growth well-balancing the secular decline of the conventional cigarettes segment. With the worst of the secular decline baked in and the October 2023…
rarrarorro Eurozone manufacturing output has contracted in all bar two of the past 22 months, according to the PMI® survey data compiled by S&P Global. The data follow official statistics showing production in January was some 7.0% lower than a year ago. With the exception of the pandemic lockdowns, this represented the steepest annual rate…
pidjoe There’s an old adage on Wall Street that says to take emotions out of investing. While that may make sense from a pure financial point of view, it’s hard to ignore the fact that nearly all human behavior is driven by emotions. That’s why I don’t necessarily subscribe that adage, with the understanding that…
hh5800/iStock via Getty Images Since I covered Arista Networks (NYSE:ANET) in November 2023, the stock has surged by over 40%, while I had a neutral position mainly based on the normalization of supply chains which could result in pricing pressures. Also, as charted below, the stock has progressed by more than 79% during the last…
peterschreiber.media Investment Thesis Franklin Electric’s (NASDAQ:FELE) growth prospects remain mixed for the current year. Revenue should continue to see headwinds in the near term from a declining backlog due to lower demand, channel inventory destocking, and project delays by clients in a high-interest environment. Further, tough comparisons in 1H24, and the dissipating impact of price…
ipopba Investment Thesis In simple terms, Dynatrace, Inc. (NYSE:DT) detects issues, optimizes performance, and minimizes downtime for applications. The bull case points to the fact that Dynatrace is highly profitable with 5% of its market cap made up of cash and no debt. However, the bear case here points to the fact that its valuation…
Ethan Miller Note: I have covered VOXX International Corporation (NASDAQ:VOXX) previously, so investors should view this as an update to my earlier articles on the company. Leading automotive and consumer electronics products manufacturer and distributor VOXX International Corporation or “VOXX International” continues to operate in a challenging business environment as once again evidenced by the…
peangdao/iStock via Getty Images No doubt about it, following the news that housing starts and permits are down early in the year, this is a time few people are looking at home-builders to invest. It’s understandable, but as a contrarian, when there’s blood in the streets, there’s time to start looking for gems. Today’s diamond…
NejauPhoto Among the very large universe of ETFs available in the market, only a few qualify as “complete-package”, well-diversified growth funds, in my view. The Risk Parity ETF (RPAR), which I talked about recently, is perhaps my favorite one, despite its pitiful performance in 2022. But the Amplify BlackSwan Growth & Treasury Core ETF (NYSEARCA:SWAN)…
Parradee Kietsirikul Shares of Cytokinetics (NASDAQ:CYTK) are down 40% from early January highs as bullish investor sentiment driven by positive SEQUOIA phase 3 results of aficamten and buyout speculation waned, initially after new rumors surfaced that Novartis walked away, and more recently, after CEO Blum talked down the buyout prospects on the earnings call in…
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 Going into 2024, I issued an article comparing two largest BDCs: Ares Capital (NASDAQ:ARCC) vs FS KKR Capital (NYSE:FSK). The bottom line was that both BDCs are attractive and positioned to deliver solid long-term returns. Yet, my recommendation was more skewed towards FSK as it had the necessary characteristics to register alpha in the…
phive2015 Investment Thesis Applied Industrial Technologies, Inc.’s (NYSE:AIT) revenue growth should benefit from easing year-over-year comparisons beginning in the second half of fiscal 2024. In addition, a potential rebound across the technology vertical and strength in the rest of the end markets supported by secular trends and associated government stimulus funds should drive revenue growth…
TORU YAMANAKA/AFP via Getty Images Spotify (NYSE:SPOT) stock is overvalued at this time, based on my analysis. However, long-term trends in digital audio streaming and Spotify’s top position in the industry that seems probable to continue over the next decade means I am rating the stock a Hold. Company Overview For investors already acquainted with…
Olemedia A “Hold” Rating on Standard Lithium Ltd. This analysis recommends a “Hold” rating on Standard Lithium Ltd. (NYSE:SLI) (TSXV:SLI:CA), a Vancouver-based company seeking to develop lithium brine properties in southern Arkansas, signaling that current very low shares compared to lithium hype in 2021-2022 are seen to continue to trade at best according to a…
lechatnoir/E+ via Getty Images Investment Thesis Fiverr (NYSE:FVRR) delivers a less-than-satisfying outlook for 2024. Even if the company looks cheap, I don’t believe this stock is a compelling buy. And yet, to be clear, it’s not all bad. For one, Fiverr has a relatively strong balance sheet. Also, the business is evidently generating meaningful free…
Klaus Vedfelt/DigitalVision via Getty Images Introduction MacroGenics‘ (NASDAQ:MGNX) stock is up 230% since my “Buy” recommendation in September. Seeking Alpha Two major variables have contributed to the run. One, the macroeconomics (prospects of rate cuts later this year by the Federal Reserve) have been favorable to the biotech sector. Many stocks are up significantly without…
Yuichiro Chino/Moment via Getty Images Earlier this year, I published a bull thesis on Hercules Capital, Inc. (NYSE:HTGC) despite the fact that it invests in VC space and carries a notable premium over its current NAV. Both of these factors are inherently unfavorable because investing in VC companies implies greater exposure to speculative dynamics (e.g.,…
koto_feja Intro Annovis Bio (NYSE:ANVS) is set to report the results of its Phase 3 trial in early-stage Parkinson’s disease (PD) in the coming weeks. The company’s lead asset, buntanetap (formerly known as posiphen), is a translational inhibitor of alpha synucelein (associated with PD), amyloid precursor protein (Alzheimer’s), TDP-43 (ALS), and other proteins associated with…
Smith Collection/Gado/Archive Photos via Getty Images The pet care e-commerce market is an exciting space due to the increasing global pet adoption, rising consumer spending on e-commerce platforms, technological advancements for better customer experience, and the shift from pet ownership to ‘pet parenting’, which is fuelling market growth. Chewy, Inc. (NYSE:CHWY) is one of the…
Newscast/Universal Images Group via Getty Images Pet food and potential profitability improvements (from cost-saving initiatives and cost synergies from their pet food acquisition) could support Post Holdings’ (NYSE:POST) financial performance going forward. Valuation appears fair. Overview Post Holdings is a consumer packaged food company, operating across the center-of-the-store, refrigerated, foodservice, food ingredient categories with a…
FatCamera/E+ via Getty Images Amid the volatile terrain that is biopharmaceuticals, Day One Biopharmaceuticals (NASDAQ:DAWN) is a leader when it comes to pediatric oncology. Day One, through its lead candidate, tovorafenib, has positioned itself as a player committed to addressing the unmet needs of pediatric cancer patients, and it has been progressing through clinical trials…
FactoryTh/iStock via Getty Images A Hold Rating for Ivanhoe Mines This article reiterates a “Hold” rating on Ivanhoe Mines Ltd. shares (OTCQX:IVPAF) (TSX:IVN:CA) in both markets, in line with the previous article. The previous article suggested a “Hold” rating on Ivanhoe Mines’ shares, as the company was considered well-positioned to benefit from increasing demand for…
audioundwerbung Note: I have covered Plug Power Inc. (PLUG) previously, so investors should view this as an update to my earlier articles on the company. Following the company’s annual business update call on Tuesday, beaten-down shares of struggling fuel cell systems, electrolyzer solutions, and green hydrogen provider Plug Power Inc. or “Plug Power” staged a…
VioletaStoimenova Independent Bank (NASDAQ:INDB) is a Michigan-based bank where it operates with 62 branches. In my previous article, I assessed Q3 2023 as positive overall, and indeed the stock has risen 30% since then, albeit with some difficulties in the first few weeks. Today, however, I will analyze Q4 2023; EPS beat estimates but revenues…
Seibel Photography LLC/iStock Editorial via Getty Images Alaska Air Group (NYSE:ALK) and Hawaiian Holdings (NASDAQ:NASDAQ:HA) announced their merger December 3rd, 2023. Alaska Air Group’s shares experienced a quick drop that appears to have been recovered and sent Hawaiian Holdings’ shares soaring. HA shareholders will receive $18.00 in cash if the merger is ultimately completed. That’s…
24K-Production Investment Thesis Savaria (TSX:SIS:CA) (OTCPK:SISXF) is a company operating a business with defensive characteristics and benefiting from tailwinds that ensure organic growth for decades. Coupled with various acquisitions throughout its history, this has resulted in a compound annual growth of its Free Cash Flow of 28% in the last decade. As a result, it…
ArtistGNDphotography While crude oil is a highly political commodity, wheat has the longest history of impacting global events. Wheat is the essential ingredient in bread and other food products that feed the world. Any government’s first job is to protect and nourish citizens. When food supplies decline or become too expensive, leaders lose power. The…
Hitra British consumer staples giant Reckitt Benckiser (OTCPK:RBGLY)(OTCPK:RBGPF) has continued to underwhelm, with the dollar-denominated ADSs underperforming the global peer group by circa 12ppt over the past couple of years. Performance has been similarly disappointing since I last covered the company on Seeking Alpha back in 2021, with a negative 15% total return representing nearly…
jetcityimage Investment Thesis Regal Rexnord Corporation’s (NYSE:RRX) organic revenue growth is poised to turn positive in FY24 driven by above-average backlog levels in the Industrial Powertrain Solutions (IPS) and Automation & Motion Control (AMC) segments, channel inventory destocking coming to an end, improving end-market conditions and a potential reversal in the interest rate cycle this…
Ekaterina79 2023 is looking to be a solid year for Chocoladefabriken Lindt & Sprüngli AG (OTCPK:CHLSY) (OTCPK:LDSVF). However, near-term prospects are challenging due to rising cocoa costs and Switzerland’s minimum taxation. The company could overcome these challenges medium term through packaging innovations, pricing actions supported by continued brand building, and a possible moderation of materials…
Jelena Stanojkovic/iStock via Getty Images At a Glance Delving into Moderna’s (NASDAQ:MRNA) trajectory, my earlier analysis shed light on its eclectic project range. This spectrum spans from oncology to infectious diseases, with notable breakthroughs in RSV and flu vaccines. Moderna has since leaped forward, especially with mRNA-1083. This vaccine, both innovative and dual-purpose, targets COVID-19…
Bim Investment Thesis Aris Water Solutions, Inc. (NYSE:ARIS) is a water handling and recycling solutions provider headquartered in Houston, Texas. In this thesis, I will analyze its third-quarter results along with its future growth prospects. I will also be analyzing its valuation at the current price level and the upside potential in its stock price….
SergeyZavalnyuk Investment thesis: Betting on Vale S.A. (NYSE:VALE) might not make much sense if one is expecting a more or less stagnated global economy or worse in 2024. There is a distinct possibility that at times its stock price will see a significant decline from current levels. I see such a possible decline in its…
olrat TotalEnergies (NYSE:TTE) is one of the world’s largest integrated energy companies, with operations in oil and gas, renewables, electricity, and chemicals. Since my last article, the stock has rewarded investors with 10.17% returns. The stock is trading at a five-year-high, although its financial performance is weaker than FY2022. FY 2022 saw energy companies make…
JHVEPhoto Investment Thesis Parker-Hannifin Corporation (NYSE:PH) is well-positioned to benefit from the strong demand in its aerospace as well as industrial business. The company’s Aerospace Systems segment is benefiting from a recovery in commercial aviation post reopening and increased defense spending due to rising geopolitical tension. Further, the Diversified Industrial segment should benefit from inventory…
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…
phive2015 Investment Thesis Lamb Weston’s (NASDAQ: NYSE:LW) revenue growth should benefit from moderating volume decline in the coming quarters as the company laps the divestiture of lower-performing product lines and businesses which began in Q2FY23. Moreover, channel destocking in international markets is also near completion, which should also give a boost to volumes. In addition,…
HandmadePictures/iStock via Getty Images SunOpta’s (NASDAQ:STKL) transformation initiatives appear to be a step in the right direction and could positively support growth and profitability. Prospects appear baked into the stock. Company Overview SunOpta is a Canadian manufacturer of plant-based beverages and creamers, protein shakes, teas, and broths, as well as fruit snacks, and smoothie bowls…
skegbydave Introduction Small-caps in general, don’t receive a great deal of positive attention when faced with an environment where money is getting dearer. Unlike their large peers which typically have more cash on their balance sheets, small-caps are typically more reliant on external funding from the capital markets. In recent periods we’ve seen the Fed…
JHVEPhoto Investment Thesis Westinghouse Air Brake Technologies’ (NYSE:WAB) growth should benefit from the strong underlying demand, healthy backlog levels, and the recent $2bn plus MOU with Kazakhstan’s national railway company. Moreover, the continued need of customers for more reliable, productive, and efficient locomotives and megatrends like urbanization and decarbonization should drive the longer-term demand. Further,…
ASphotowed/iStock via Getty Images Investment Thesis I last covered AZZ Inc. (NYSE:AZZ) in early October when I preferred to remain on the sidelines due to mixed growth prospects and higher debt levels. The company’s outlook has improved since then as the upcoming interest rate cut should fuel recovery in some of its weaker markets. The…
tianyu wu/E+ via Getty Images Investment Rundown One of the industries that were hit the hardest during the pandemic was the restaurant industry, one that The Middleby Corporation (NASDAQ:MIDD) serves as they manufacture a wide range of equipment used there. In 2020 the revenues declined quite sharply by 15% YoY to $2.5 billion but has…