In the whirlwind of April 2024, with Bitcoin ETFs dominating headlines and halving celebration planning in full swing, the Bitcoin Policy Summit emerged as a pivotal moment for policymakers, industry leaders, and human rights champions. Against the backdrop of global discussions on Bitcoin regulation—and coinciding with a solar eclipse—the summit aimed to be a beacon…
Jonathan Kitchen I’ve been very vocal about the idea that I suspect we see two rotations this year. The first is out of large into mid and small-cap stocks. The second is out of growth and into value. Large-cap growth has been such an outperformer that mean reversion should, I believe, kick in and cause…
J Studios Investment Thesis I think it is safe to say that Pfizer Inc. (NYSE:PFE) is probably one of the least wanted stocks, not only in the pharmaceutical complex of stocks but in the broader view of the market. Pfizer has been plagued by a myriad of issues that are posing severe headwinds for the…
Jonathan Kitchen By Nikhil Mohan, Economist, Franklin Fixed Income On a monthly basis, US headline and core Consumer Price Index (CPI) topped expectations-both rising 0.4%. The core measure has now risen at that pace for three successive months. While the pace of increase remained unchanged at 0.5% for core services (which is still more than…
MarkHatfield/E+ via Getty Images Investment Thesis DexCom (NASDAQ:DXCM) is not exactly every investor’s cup of tea. The company operates in the medical technology space, which is far away from the hype in mainstream AI, and yet, the company’s stock often confounds investors with its high valuation metrics, per my observation. Rightly so, because 93x trailing…
PM Images By Mehdi Benatiya Andaloussi, Economist, World Economic Outlook Division of the IMF’s Research Department; Nina Biljanovska, Economist, Macro-Financial Division of the Research Department; Alessia De Stefani, Economist, IMF Research Department; and Rui C. Mano, Deputy Division Chief, IMF’s Research Department Effects may be delayed in some countries: if interest rates remain higher for…
scalatore1959/iStock via Getty Images Overview I previously covered Hercules Capital (NYSE:HTGC) back in August of 2023. Since then, HTGC has delivered a total return of over 13% due to the consistent NII (net investment income) growth and high dividend distributions. The price has run up over the last 6 months and now the dividend yield…
DNY59 Investment Thesis This article continues my coverage of the ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL), a mid-cap value fund comprised of 50 U.S. stocks that have raised dividends for at least 15 consecutive years. For those catching up, my August 31, 2023, review was not positive, and I predicted REGL would lag…
2027, When TD Bank Buys TELUS NurPhoto/NurPhoto via Getty Images On our last update on TELUS Corporation (NYSE:TU) (TSX:T:CA), we made a case to continue staying out of the wireless giant. At the center of our thesis was a bloated valuation and it was further supported by relatively weak earnings. We went with a “hold”…
Justin Sullivan Gilead Sciences (NASDAQ:GILD) reported its Q4 2023 results on last Tuesday, the 6th of February. The company reported flat year-on-year product sales, and slightly decreasing sales on a quarter-to-quarter basis. Coupled with more or less stagnant earnings and low expected growth in the 2024 outlook, these results do not look very positive on…
PhotoTalk Investment Thesis In my previous analyses of companies operating gas stations, I found the business model attractive, primarily due to the non-fuel revenue generated by convenience stores. However, Parkland (TSX:PKI:CA) (OTCPK:PKIUF) stands out as having a weaker aspect in this regard, with over 95% of its revenue tied to fuel sales. Additionally, it carries…
Baloncici/iStock Editorial via Getty Images Here at the Lab, we have a good grip on the EU Travel and Leisure sector. Our team extensively covers low-cost airline operators (easyJet and Ryanair Holdings) and flag carriers (Air France-KLM and Deutsche Lufthansa AG). Avolta AG, formerly known as Dufry AG (OTCPK:DUFRY), is a Switzerland-based company engaged in…
Pencho Chukov/Moment via Getty Images It’s been a bumpy start to the year for the VanEck Gold Juniors Index (GDXJ) in what’s typically the best month of the year from a seasonal standpoint, with an average return for the sector of ~2.6% in January over the past 30 years. This is evidenced by the index…
zorazhuang/iStock via Getty Images Ichor Holdings (NASDAQ:ICHR) has been pretty hot lately. The stock has appreciated by close to half in the last couple of months. This after hitting a 52-weeks low on November 9 in the wake of a disappointing earnings report that missed EPS estimates. However, while the stock has turned it around…
ntzolov/E+ via Getty Images Some commercial real estate lenders are currently in a state of flux as previously safe and stable property asset classes like offices and urban hotels get disrupted by the now entrenched post-pandemic working-from-home trend. Hence, TPG RE Finance Trust, Inc. (NYSE:TRTX) has experienced a significant level of earnings volatility despite a…
oksanaphoto Helen of Troy (NASDAQ:HELE) manufactures and sells consumer products in Home & Outdoors and Beauty & Wellness segments with products ranging from coffee makers, child seating, and food containers to shampoos, blood pressure monitors, and humidifiers – the company’s offering is very complex. With the wide range of products, Helen of Troy also operates…
lsannes/iStock via Getty Images The last time I covered AerSale Corporation (NASDAQ:ASLE) was in August 2023. Back then, I reiterated my Buy rating, and that is one that has worked out quite well, as the stock has climbed 32% compared to a 2.3% increase for the broader markets. I also pointed out that I would…
Ake Ngiamsanguan/iStock via Getty Images With markets careening back to YTD highs driven by the promises of lower inflation and lower interest rates, large-cap tech stocks are very much back in fashion. That doesn’t mean, however, that these tech giants with fantastic fundamentals can’t and won’t make great investments in 2024, especially when there are…
AEvenson The discussion of the recent short report on Brookfield Infrastructure Partners (NYSE:BIP) has largely subsided and the price of BIP units has recovered. The drop and the subsequent rise in unit price should, however, mostly be attributed to the move in long-term treasury yields, as is evidenced by price movement for other yieldcos —…
Anna Usova/iStock via Getty Images We present our note on Grifols (NASDAQ:GRFS), a Spanish international pharmaceutical and chemical company focused on blood plasma products, with a Hold rating. While we like the oligopolistic market structure and Grifols’ strong positioning as well as the long-term potential of the plasma market, we are concerned about the high…
RyanKing999 One gold miner I have owned off and on during 2022-23, but yet to mention on Seeking Alpha is Alamos Gold (NYSE:AGI). The company has several operating mines in Canada and one in Mexico, with eyes toward new projects and growth initiatives on a number of its properties (including undeveloped assets in Oregon, USA…
Mario Tama In early May, I updated investors in leading U.S. tobacco manufacturer Altria Group, Inc. (NYSE:MO), urging caution. I highlighted that market operators have already priced in its better-than-expected Q1 adjusted EPS metric as MO surged close to its critical resistance zone. As such, I anticipated selling pressure to intensify, which could hinder a…
I going to make a greatest artwork as I can, by my head, my hand and by my mind./iStock via Getty Images Summary Telos Corporation (NASDAQ:TLS) offers information technology services. The company provides cyber security, secure mobility, cloud computing, risk management, and other information technology solutions to government agencies and commercial enterprises. I am recommending…
FangXiaNuo Make no mistake, investors are divided on the prospects for AT&T (NYSE:T) stock. Some believe that the stock is undervalued and is a good investment for income, while others are concerned about the company’s debt burden and free cash flow generation being at risk, on top of all the competition out there. We were…
Rasi Bhadramani/iStock via Getty Images Introduction At the end of May 2023, I published the article “5 Reasons To Get Out Of The Market“, which is still attracting readers, judging by the comments that still appear from time to time. As the title of that article suggests, I looked at 5 key reasons that should…
Andres Victorero I’ve covered several of the Pacer Trendpilot ETFs, including the Pacer Trendpilot US Bond ETF (NYSEARCA:NYSEARCA:PTBD), these past few years. I’ve generally been bearish, as the trend-following strategies used by these funds seemed ineffective, in both theory and practice. PTBD itself had seen some success and excess returns in the past, but the…
Wirestock/iStock Editorial via Getty Images Dear readers/followers, I haven’t actually covered SAAB (OTCPK:SAABF) (OTCPK:SAABY) for you before on Seeking Alpha. This was not an intentional oversight, but the fact is that I’ve never owned the stock. With the war in Ukraine, every European military or semi-military company saw an increase in sentiment and also potentially…