Justin Sullivan Investment thesis The stock market continues growing impressively in 2024, with big tech and semiconductors continuing to fuel the rally. In my opinion, the greedier investors are, the higher is the probability of a stock market correction. Since growth stocks are usually more vulnerable to corrections, I am now looking at potential high-yield…
hapabapa German sportswear giant PUMA SE (OTCPK:PMMAF)’s stock has dropped by 7.83% since releasing its FY2023 earnings results one month ago. Over the last year, there has been a lot of price volatility, and the stock has lost 28.80% in value. Despite headwinds, FY2023 was relatively successful, increasing its top line by 6.6% YoY, significantly…
koto_feja Investment Overview In a note for Seeking Alpha in May last year, I gave Longboard Pharmaceuticals (NASDAQ:LBPH) a “Buy” recommendation, citing upcoming data catalysts for the company’s two clinical stage assets – the 5-HT2C Superagonist LP352, now known as bexicaserin, being developed to treat developmental and epileptic encephalopathies (DEEs), and LP659 – and a…
Remitski Recently the memory companies Western Digital Corporation (WDC) and Seagate Technology Holdings plc (NASDAQ:STX) came out with earnings and I decided to take a look at both companies, curious to see what kind of value proposition they made. After reviewing the earnings calls and relevant financial information, I concluded Seagate’s valuation was out of…
mikroman6/Moment via Getty Images European equities have quietly performed well along with US stocks. While 2024 has featured a return to what drove markets over the first seven months of last year, AI and the growth trade, what is a bit different this time is that we are not seeing significant negative alpha among the…
JHVEPhoto Ahead of Comerica Incorporated’s (NYSE:CMA) newest earnings report on January 19th, I believe investors should sell the firm’s shares. My last article about Comerica, published on October 4th, argued that the bank had been unfairly beaten down following the March 2023 banking crisis. Moreover, the usage of intrinsic and extrinsic valuation methodologies confirmed the…
tadamichi By Hamish Preston Many investors use the start of the year to make predictions for the upcoming year and to think about ways to express views on these themes. This undertaking is not guaranteed to add value: predicting the future is incredibly difficult, and success requires correctly predicting both the drivers of future performance…
Settapongd Dee-ud/iStock via Getty Images Dear readers, Iron Mountain Incorporated (NYSE:IRM) is a data storage REIT focused on innovative solutions in data center infrastructure, asset lifecycle management, and information management services. The REIT primarily owns two distinct types of properties – paper storage facilities and data centers. While the former is likely to experience a…
champc The BlackRock Energy and Resources Trust (NYSE:BGR) is a CEF which provides investors exposure to an energy sector buy-write strategy. Since its inception in December 2004, BGR has delivered a substantially lower total return than comparable passive ETFs while at the same time exhibiting roughly the same level of volatility. I believe this dynamic…
Juan Jose Napuri Just over five months ago, I wrote on Jaguar Mining (OTCQX:JAGGF), noting that while the stock was on track for another year of missed guidance, the stock would become a Speculative Buy at US$1.23 or lower. This turned out to be a poor call in hindsight as the stock plunged another 20%…
Thomas Barwick Investment thesis Our current investment thesis is: Dole is a well-positioned business in a resilient, growing industry. Although the company is unlikely to outperform, we see limited downside risk and the scope for healthy cash returns (current FCF yield of ~6%). Dole’s financial performance is expected to improve, following the sale of its…
michal-rojek M&A activity rumors involving Stratasys (NASDAQ:SSYS) have died down in recent weeks, with Nano Dimension’s (NNDM) offer off the table and the Desktop Metal (DM) deal rejected by shareholders. Stratasys also continues to show little interest in 3D Systems’ (DDD) advances, and the fall in 3D Systems’ stock has decreased the appeal of its…
xijian At the beginning of the year, I penned a cautious article on the Utilities Select Sector SPDR ETF (NYSEARCA:XLU), noting that valuations for utilities were absurdly high on both an absolute and relative basis. After massively outperforming in 2022, I believed that utilities would underperform in 2023. So far this year, the utilities sector,…
JohnFScott Starbucks Corporation (NASDAQ:SBUX) recently announced its 13th consecutive annual dividend increase as Seeking Alpha has covered here. Interestingly, my most recent article on Microsoft Corporation (MSFT) extolled the virtues of looking at the full package and not just at what may appear to be a small, current yield. Starbucks fits the same pattern as…
Pascal Le Segretain Summary Thomson Reuters Corporation (NYSE:TRI) provides business information services via information-enabled software and tools for legal, tax, accounting, and compliance professionals. Readers may find my previous coverage via this link. My previous rating was a hold as I believed the valuation was too high relative to peers with similar growth profiles. I…
Stefan Dinse Note: All amounts discussed are in Canadian Dollars On our last coverage of AltaGas Ltd. (TSX:ALA:CA) we compared it versus Algonquin Power & Utilities Corp. (AQN) and told you why we would buy AltaGas, but not AQN. We concluded our thesis with the following. We reiterate our buy rating on AltaGas as the…
7maru/iStock via Getty Images Main Thesis & Background The purpose of this article is to evaluate the PIMCO Municipal Income Fund III (NYSE:PMX) as an investment option at its current market price. This is a fund I keep on my radar screen because I see value in PIMCO’s CEF offerings across the board on many…