mgstudyo Introduction In this article, we consider an equity investment in Essex Property Trust, Inc. (NYSE:ESS) in light of Q1 2024 results. In particular, we consider the issuance of the $350 million 10-year senior unsecured note with the maturity of April 2034 relative to their current capitalization rate. We also consider the historical share buyback…
eyecrave productions/E+ via Getty Images Investment Thesis Vanguard Consumer Staples ETF (NYSEARCA:VDC) is a buy due to multiple factors making the consumer staples sector attractive. These factors include high valuation indicators for the market overall including the “Buffett Indicator” and the overall price-to-earnings ratio of the S&P 500 Index. Additionally, while consumer staple funds, such…
Olemedia Since its October 2021 IPO, GitLab (NASDAQ:GTLB), the cloud-based DevOps platform that helps software developers share their code and collaborate on projects, has lost around 47.5% of its value while the S&P 500 has gone up by more than 17% during the same period. Data by YCharts One of the reasons for this underperformance…
ozgurdonmaz When our long-term competitive position improves as a result of these almost unnoticeable actions, we describe the phenomenon as “widening the moat.” And doing that is essential if we are to have the kind of business we want a decade or two from now. We always, of course, hope to earn more money in…
Originally published on Unchained.com. Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. For newcomers, especially those in and around retirement age,…
sharrocks/iStock Unreleased via Getty Images In our last update on The Boeing Company (NYSE:BA), we warned that the risks remained high for this high-flyer and gravity was likely to be a cruel mistress in the medium term. So the risks are right in front of you and we think the stock could go to double…
MarkGillow/E+ via Getty Images Investment thesis On the 24th of August, I wrote an article about Utz Brands, Inc. (NYSE:UTZ) and I stated that the risk/reward was unattractive. Since then, the share price has risen significantly. However, I personally think that the fundamentals of UTZ have not necessarily improved. Despite the fact that UTZ is…
urbazon Continuing my series of updates on dividend ETFs, today I would like to offer a fresh look at the Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV), which I previously assessed in August 2023, concluding with a Hold rating. Why we should discuss RDIV once again? As this is a high-turnover, highly selective dividend strategy…
da-kuk Originally posted on April 11, 2024 By Payal Shah At A Glance CME Group Bitcoin products have helped establish a robust derivatives marketplace for bitcoin, with average daily open interest in Bitcoin futures rising to $11 billion in March A new element ahead of this halving is the rise of spot bitcoin ETF inflows,…
Michael Derrer Fuchs The British civil aero-engine manufacturer Rolls Royce (OTCPK:RYCEY) has had a nice first quarter of 2024 at the stock markets. Year to date [YTD], its price is up by 40% after it already saw an eye popping 3.5x rise in 2023. But even now, a quick look at the stock’s forward non-GAAP…
SIphotography Resources Connection, Inc. (NASDAQ:RGP) appears well prepared to grow in the growing global digital transformation market thanks to both inorganic growth and consulting activities. Considering recent better-than-expected earnings, EPS growth expected in 2024 and 2025, and dividend growth, RGP is one of the companies that I have under my radar. There are clear risks…
AutumnSkyPhotography After a considerable downdraft in QUALCOMM Incorporated‘s (NASDAQ:QCOM) stock price since the beginning of 2022 due to a declining mobile phone market, investors started waking up to its potential opportunity in generative Artificial Intelligence (“AI”) near the end of 2023. Although the company may no longer be a go-go growth stock, when investors began…
As the value of your bitcoin grows, so does your need for secure key storage. One such solution is a hardware wallet, a physical device that allows you to securely hold the keys to your bitcoin. But hardware wallets aren’t the only option for storing your bitcoin keys—there are also software wallets, paper wallets, and…
abadonian STAG Industrial, Inc. (NYSE:STAG) is a pure-play industrial REIT with a market cap of close to $7 billion. It carries over 560 industrial buildings, which are primarily located in the CBRE Tier 1 markets across 41 states. Recently, I decided to allocate part of my portfolio into STAG to capture relatively attractive dividend with…
David McNew Above: Will Shari open the legacy gates to PARA at the present deal bids? There are three sides to every story: my side, your side and the truth, And no one is lying… – Robert Evans movie mogul (1930-2019) The above mote of wisdom emanated from one of the most successful survivors of…
Phynart Studio Investment Thesis Vanguard Industrials ETF (NYSEARCA:NYSEARCA:VIS) warrants a buy rating due to the fund’s low-cost ability to capture a highly diversified mix of holdings within the industrials sector. Industrial holdings are seeing major factors driving sector growth including robust new construction, record high defense spending, and infrastructure investment. Finally, while several of VIS’s…
Tippapatt After watching the company closely for some time now, I have decided to downgrade Valens Semiconductor Ltd. (NYSE:VLN) to a Sell rating, which I will elaborate in greater detail below. I have covered Valens Semiconductor on Seeking Alpha for some time now. In my latest article, I argued that if the company is unable…
Maximusnd For most of the last 15 months, we have held strongly negative views on DNP Select Income Fund (NYSE:DNP). This has generally worked out and the CEF has struggled to make headway in this timeframe. Seeking Alpha Since the “Strong sell” rating in October 2022, the CEF has underperformed the S&P 500 (SPY) by…
RicAguiar Elevator Pitch I rate Anhui Conch Cement Company Limited (OTCPK:AHCHF) [914:HK] as a Hold. The company is highlighted as a leading “cement producer in China” that boasts a “13% market share” by Fitch Ratings. My previous August 6, 2021 write-up touched on both the bull and bear thesis for Anhui Conch Cement. The focus…
Aleksandr Uglov/iStock via Getty Images Modiv Industrial (NYSE:MDV) is a unique, small-cap net lease real estate investment trust (“REIT”) that focuses almost exclusively on manufacturing properties in the United States. In my three previous articles on MDV, I rated it a “Hold” and advocated buying its high-yielding 7.375% Series A Preferred Stock (MDV.PR.A) instead. After…
Westend61/Westend61 via Getty Images The Janus Henderson B-BBB CLO ETF (BATS:JBBB) invests in U.S. collateralized loan obligations (CLO) through an actively managed exchange-traded fund structure. The attraction here is the exposure to this alternative corner of fixed income that currently offers an 8.1% yield through a monthly payout. The fund’s CLO floating rate and low-duration…
ryasick Mortgage REIT Blackstone Mortgage Trust (NYSE:BXMT) delivered a solid earnings beat of $0.07 per-share last week, causing shares to increase by 4%. However, the mortgage REIT’s portfolio is showing weakness as the percentage of performing loans declined for the third time in Q4’23. Additionally, Blackstone Mortgage Trust has a smaller dividend safety margin (weaker…
Bloomberg/Bloomberg via Getty Images It has been some time since we wrote on Royal Gold Inc. (NASDAQ:RGLD). But the last time around, we gave it a Buy rating as the valuation was compelling. That call was a bit early, but those that entered there, had up to a 45% upside over the next 12 months….
NosUA/iStock via Getty Images Introduction The Procter & Gamble Company (NYSE:PG) provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. We have started covering PG in July 2022 and have written four articles on the company since then. During…
JamesBrey Retirees more than anyone benefit from high sustainable yields. The reasons for this are clear: While the stock market tends to be unpredictable over short to medium periods and can at times be extremely volatile, dividend payments tend to be quite dependable with market volatility seldom having an impact on the cash distributions of…
Daniel Grizelj We previously covered Shopify (NYSE:SHOP) in November 2023, discussing its excellent FQ3’23 results, with the robust consumer spending contributing to its expanded GMVs and GPVs. With multiple e-commerce and online payment platforms still highly resilient despite the uncertain macroeconomic outlook, it was unsurprising that the SHOP stock had also rallied over optimistically and…
Wipada Wipawin Investment thesis On the 3rd of September, I wrote my last article about NN Group (OTCPK:NNGPF). Since then, a lot has happened. On September 27, the share price plummeted -22% due to a huge increase in concerns about the unit-linked insurance products. NN share price development (Google finance) Hardly anyone saw the impact…
serts Shares of British life & savings giant Legal & General (OTCPK:LGGNY)(LGNNF)(L&G hereafter) have done okay since my last update on the firm in May, with the ADSs delivering a circa 15% total return in that time and more than holding their own against broader European financials. Of course, equities in general have been on…
miniseries FLEETCOR Technologies (NYSE:FLT) has delivered strong results for shareholders since becoming a public company in December 2010. Since its IPO, FLT has delivered a total return of 979%. Comparably, the S&P 500 has delivered a total return of 404% during the same time period. FLT’s strong performance for shareholders has been driven by strong…
Vladimirovic There’s no perfect gauge of supply and demand conditions in the global oil market. However, a handful of indicators can help give us a read on oil market balances, and the likely path of prices. That list includes refining profit margins, the shape of the oil futures curve, patterns in US oil inventories and…
Daniel Grizelj Warren Buffett famously said, “It’s only when the tide goes out that you know who’s been swimming naked.” Per usual, the Oracle of Omaha was correct and over the past two years, the REIT sector has been thoroughly disrupted. REITs touted as “sleep well at night” stocks have cut their dividends and sector-wide…
SDI Productions Investment Thesis Background Zoom (NASDAQ:ZM) quickly became a global household name during the 2020-21 pandemic. Following a typical tech growth trajectory with over 100% sales growth in 2018 and 2019, and 90% in 2020, Zoom experienced explosive growth in 2021. With work-from-home skyrocketing due to COVID-19 lockdowns, sales surged by a staggering 325%,…
cholwanich/iStock via Getty Images In our last coverage of iShares Preferred and Income Securities ETF (NASDAQ:PFF) over two years back, we highlighted that the fund was destined to give you relatively poor returns for the risk. With both asset classes that drive preferred share valuations remaining insanely expensive, caution is the name of the game….
Nora Carol Photography/Moment via Getty Images 2024 is off to the races, with the S&P 500 (SPY) making a new all-time high. After a brief dip to open the year, the index has gained ~ 1.5% year to date (YTD). Amazon (NASDAQ:AMZN) stock followed a similar pattern and has gained a little over 2%. The…
JamesBrey/E+ via Getty Images Look, we get it. CrowdStrike (NASDAQ:CRWD) has a lot of fans out there, us among them. The stock has been on fire over the last year or so, gaining more than 160% in a relatively short space of time, and the stock is now almost completely back to all-time highs, something…
tadamichi The Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) invests in convertible and high-yield fixed income securities with the goal of generating returns through both capital appreciation and income. CCD typically invests at least 50% in convertibles and the fund seeks upside equity market participation with less downside exposure over a full market cycle. Currently,…
Robert Way Elevator Pitch I award a Hold investment rating to Puma SE (OTCPK:PMMAF, PUMSY) [PUM:GR]. Puma’s shares have become cheaper and lost a quarter of their value in the last one year, but the stock is fairly priced by the market based on the Price-to-Earnings Growth, or PEG, valuation metric. Puma’s current valuations have…
Hispanolistic Penske Automotive Group, Inc (NYSE:PAG) has an impressive history of delivering results for shareholders. PAG has outperformed the S&P 500 over the past 1, 3, 5, 10, 15, and 20 year trailing periods. Over the past 10 years, PAG has delivered a total return of 332% compared to a total return of 210% delivered…
RonFullHD Oil prices took a hit for several reasons in the final couple of months of 2023. First, the US EIA reserves have increased. Second, the US shale oil producers have gotten quite active. Moreover, everyone is worried about the Fed and that it might hike the interest rates. All is true. But the most…
Feverpitched Opening I am a relatively young investor, continually evolving on my journey to discover the best companies in the world. Last week, I published my long-term portfolio with explanations of each holding, providing my ratings for each security based on current prices. Today, I will introduce the companies I’ve sold in 2023 and explain…
VanderWolf-Images Lockheed Martin (NYSE:LMT) is one of the largest and most well-respected defense contractors on earth. Responsible for a huge number of Land, Air, Sea, and Cyber combat systems in western arsenals today, the company plays an incredibly important role in the security and defense posture of much of the western-leaning world, including the United…
LPETTET If you do what everyone else does, you’re going to get the same results that everyone else gets. – Charlie T. Munger While some of the most reliable valuation indicators show the S&P 500 index in overvaluation territory, it is well known that much of the excitement is concentrated in just a few stocks….
pabst_ell Transocean Ltd. (NYSE:RIG) is set to finish 2023 with an impressive gain, returning nearly 50%. Despite volatile conditions in the energy market, the understanding is that this segment of offshore drilling services remains in a “multi-year upcycle” as exploration and production giants add spending to replace hydrocarbon reserves. The company is benefiting from a…
2d illustrations and photos Monroe Capital (NASDAQ:NASDAQ:MRCC) is a relatively small and unpopular BDC, which provides financing primarily to lower middle-market companies both in the U.S. and Canada. The most preferred investment types by MRCC are primarily associated with senior, unitranche and junior secured debt. According to MRCC’s investment policy, unsecured subordinated debt and equity…
Allexxandar/iStock via Getty Images Orion Office REIT Inc. (NYSE:ONL) has been a painful experience for those that embraced the long thesis. The Spin-off from Realty Income Corporation (O) created hope that this would create material upside, and yet the problems started surfacing almost from day 1. Our own coverage on this was most focused on…
Justin Sullivan Introduction As a dividend investor, I try to constantly balance my portfolio between yield and growth. Supplementing my income in retirement is the main goal but getting some capital appreciation with my holdings also factors into my strategy. Sometimes investing in certain stocks/sectors can cause you to give up one or the other…
heywoody/iStock via Getty Images Introduction Pretty close to exactly one year ago, I wrote my first article on Costco Wholesale (NASDAQ:COST), which was very well received. To this day, I think that article called “Costco Wholesale: A Union For Consumers” is one of the best pieces I have written on this platform. COST delivered a…
Editor’s note: Seeking Alpha is proud to welcome Florian Muller 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 » Armando Oliveira/iStock Editorial via Getty Images One might think…
JHVEPhoto AllianceBernstein Holding LP (AB) is an asset management company with a strong history of delivering results for its own shareholders. AB stands out as different from its peers in that it is a partnership, has a large private wealth business, and has a key strategic partner. Over the past 10 years, AB has delivered…
It is hard to overstate how optimistic Bitcoin’s outlook for 2024 is. While many people may feel like they are too late (why didn’t I buy it under $100?), like they missed the opportunity, it has likely never been a better time to jump in. More specifically, the ratio of potential rewards compared to the…