R.M. Nunes/iStock via Getty Images Vinci Partners (NASDAQ:VINP) is one of Brazil’s leading alternative asset managers. The company manages around BRL 65 billion in assets, a substantial portion of which is dedicated to private or long-term capital commitment strategies. I have followed Vinci since November 2021, and have recommended it in articles in June 2022,…
Wirestock Dear readers/followers, Banco Santander, S.A. (NYSE:SAN) is a company that I remain invested in at a mid-level. Since my last few articles on the company, this bank has posted a very solid performance that also has seen its valuation climb quite a bit – and, since my last article, the company has outperformed by…
Delmaine Donson Reaffirming The Investment Thesis In my previous and first article about Franklin Covey (NYSE:FC), I discussed why I was bullish on the company. Since then the stock has underperformed the S&P 500 by roughly 8% and the company reported earnings twice. Before we dive into the quarterly results, let me first reaffirm my…
Dilok Klaisataporn The following is an overview of the market cycle as it stands at the beginning of Q1 2024. We will focus on the core of the cycle—corporate earnings—and work our way out in order to gain a comprehensive view of markets across asset classes. This will help organize our analysis over the coming…
jamesteohart About seven months ago, I rated the preferred stock of Telephone and Data Systems (NYSE:TDS.PR.V) as a “hold”, as the stock was offering an exceptionally high dividend yield of 13.0% but it also had some material risks. Since my article, the stock has offered a total return of 38% and thus it has outperformed…
Sundry Photography U.S. Bancorp (NYSE:USB) offers an interesting dividend yield that seems to be sustainable over the long term, being supported by the bank’s strong fundamentals and conservative dividend payout ratio. As I stated back in 2021, U.S. Bancorp is a quality company within the banking sector and offers good income perspectives for long-term investors,…
TBE Dear readers/followers, My position in thyssenkrupp (OTCPK:TYEKF) has not done superbly well during most of 2023, and the estimates for 2024E seem somewhat difficult to forecast as well. My work on the company didn’t garner much attention when it actually was worth investing in, so my position is still in a strong outperformance, but…
Dilok Klaisataporn APAC GDP growth expected to remain strong Economic growth in the APAC region strengthened in 2023, reaching an estimated pace of 4.5% year-over-year (y/y), significantly higher compared with GDP growth of 3.3% in 2022. An important factor supporting the upturn in growth momentum during 2023 was improving growth in mainland China following the…
Araya Doheny Logitech International (NASDAQ:LOGI) is a Lausanne, Switzerland-based multinational manufacturer of computer peripherals and software. The company produces retain technology products including, mice, microphones, keyboards, webcams, etc. Logitech Q2’24 Presentation Through these activities, Logitech reported Q2’24- which is Logitech’s equivalent of the trailing quarter- net sales of $1.057bn- a 9% YoY decline, alongside a…
KenWiedemann Investment Thesis Slate Grocery (SGR.UN:CAD and USD ADR SRRTF) is a REIT specializing in retail space anchored by grocery stores. Slate owns 117 properties across 24 states, averaging $12.37/sqft in rent across 15.3 million sqft. Grocery-anchored retail is uniquely positioned to weather economic hardships. The necessity of grocery shopping ensures steady consumer traffic and…
adventtr Investment action I recommended a buy rating for Infineon (OTCQX:IFNNY) when I wrote about it the last time, as I expected growth to normalize as the business continues to clear its backlog. Doing so, the market should eventually re-value its multiple to its peers’ level. The stock took a big dive before recovering, and…
AlanStix64 Summary Readers may find my previous coverage via this link. My previous rating was a hold, as I thought Copart’s (NASDAQ:CPRT) valuation was still not attractive enough. My expectation was that CPRT should trade at around 25x forward PE before it becomes an attractive stock. I am reiterating my hold rating for CPRT as…
izusek After the bell on Wednesday, we received fiscal third quarter results from BlackBerry (NYSE:BB) for the company’s November ending period. Over the past decade, shares have been one of the worst performers in the market as a revenue turnaround has completely failed to materialize, and now more major changes are in the works. The…
“I think Bitcoin is going to go into the stratosphere,” Saylor commented when asked about Bitcoin’s 56% value surge since October. During a recent interview with CNBC, Michael Saylor, the Executive Chairman and co-founder of MicroStrategy Inc (NASDAQ: MSTR), expressed his unwavering confidence in Bitcoin’s (BTC) long-term path. He highlighted certain fundamental aspects that will…
PhanuwatNandee Dear readers/followers, In this article, I’ll update the thesis on Yara International (OTCPK:YRAIF). This has been a solid investment of mine for several years thanks to a very attractive entry point coupled with a very solid dividend payout and yield. Even though we’re now down to levels I didn’t expect we’d see until 2024,…
izusek/E+ via Getty Images When you start learning about finance, one of the first misconceptions that you stumble across is that the market is perfectly efficient or pretty close to it. Legendary investors like Warren Buffett, Peter Lynch, and countless others who follow the value school of investing ideology, have proven this idea to be…
MAGNIFIER A few days ago, Tsakos Energy Navigation (NYSE:TNP), also simply known as TEN, reported its Q3-2023 earnings. Results were in line with market expectations with the company reporting a net profit of 83 cents per share. In this article, I will provide an overview of TEN’s Q3 earnings and I will explain why I…
Lemon_tm/iStock via Getty Images Once a quarter, the St Louis Fed releases delinquency rates on consumer and business loans. With the consumer at 67.8% of GDP, this chart shows the two categories of consumer borrowings, Single-Family Mortgages and Consumer Loans with a sub-set of Credit Card debt. Commercial Loans represent the business borrowings. Excepting the…
Ake Ngiamsanguan Overview My recommendation for Jamf Holding Corp. (NASDAQ:JAMF) is a buy rating as execution remains strong, as shown in the revenue, ARR, and earnings growth, despite the weak macro backdrop. The near-term growth might still be impacted by the weak macro; however, I think the long-term upside remains attractive. Note that I previously…
ARMMY PICCA/iStock via Getty Images 89bio, Inc. (NASDAQ:ETNB) has made great progress in advancing its pipeline, especially since it has reached an agreement with regulators to advance two clinical studies using its drug pegozafermin to treat patients with NASH with compensated cirrhosis [F4] in the ENLIGHTEN-Cirrhosis study and then patients with Stages F2-F3 NASH in…
The US SEC has delayed its decision on converting Grayscale’s ETHE product to a spot Ethereum ETF by another 45 days with the next hearing on January 25, 2024. The Securities and Exchange Commission (SEC) has announced a postponement in the decision-making process regarding the approval or disapproval of the Grayscale Ethereum Trust’s spot exchange-traded…
Sundry Photography CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is up big after Q3 earnings and already is in our Model Portfolio. We highlighted CRWD in our Free Access service right here on Seeking Alpha when it was at $163. In this free article, we were spotlighting our Portfolio Manager’s Buying Pattern report that we publish daily. As…
jetcityimage Macro and micro factors have been at play, driving some sharp outperformance and severe underperformance among the diversified Industrials sector of the S&P 500. One of the poorest stocks in that slice of the SPX is 3M Company (NYSE:MMM). The firm continues to face uncertainty with investigations and lawsuits, casting a significant shadow, critics…
Nature, food, landscape, travel Overview My recommendation for WillScot Mobile Mini (NASDAQ:WSC) is a buy rating, as I believe the fundamental outlook for the business remains positive. Key operating metrics like pricing and orders remain very healthy. There are also upcoming growth catalysts that should drive growth over the medium term (fed infrastructure projects). Note…
MichaelRLopez/iStock Editorial via Getty Images Shares of Marathon Petroleum (NYSE:MPC) have been a strong performer over the past year, rising by about 23% as the company has been aggressively reducing its share count with its excess cash on hand and strong free cash flow. Several year ago, I argued MPC was a strong buy due…
vejaa/iStock via Getty Images ATRenew Inc. (NYSE:RERE) has just reported very sound quarterly results. The company’s stock has not been doing very well, however. In my view, this is mostly due to the stock market not experiencing its best days, and also the fact that RERE is not a classical “blue chip.” But apart from…
Fed Chair Jerome Powell said that the FOMC is not thinking of rate cuts at all amid their continued fight against inflation. The FOMC members have hinted deceleration in economic growth during he fourth quarter this year. During their latest meeting, Federal Reserve (Fed) officials indicated a reluctance to reduce interest rates in the near…
Ales_Utovko/iStock via Getty Images Introduction When it comes to long-term investing, I’ve clear favorites. Although I try to keep a balanced portfolio, I am significantly overweight three industries: aerospace & defense, freight & logistics (railroads), and REITs (self-storage). Leo Nelissen (Dividend Growth Portfolio) Energy is also an industry I’m overweight when adding the exposure I…
Gary Yeowell Dear readers, Boston Properties (NYSE:BXP) is an office REIT that holds A-Class workspace on both coasts with an especially heavy exposure to Boston, New York, and San Francisco. Notably, the REIT owns one of the youngest property portfolios with an average age of 15 years. BXP Presentation I’ve covered the company before and…
JLGutierrez By William J. Luther The disinflation process has not been as consistent as one may have hoped, new data from the Bureau of Economic Analysis show. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at a continuously compounding annual rate of 3.4 percent over the…
Anderson Coelho/E+ via Getty Images Investment Thesis In early October, I shared my bullish perspective on PayPal (NASDAQ:PYPL), deeming it a Buy. Following the recent Earning Reports, my conviction has only strengthened. The latest earnings call held no significant surprises, with earnings slightly surpassing consensus expectations. These results align with our Discounted Cash Flow growth…
Investors will be eyeing major announcements ahead this week such as jobs report, Federal Reserve rate decision, and Apple’s earnings. On Monday, October 30, the Dow Jones Industrial Average (INDEXDJX: .DJI) gained by over 511 points or 1.58%, ending the trading at 32,928.96. This was the biggest single-day gain market by the index, after June…
Bitcoin forms a “Golden Cross” pattern on the technical charts suggesting a bullish price actions going ahead. The world’s largest cryptocurrency Bitcoin (BTC) has been consolidating around $34,400 levels recently with the Bank of Japan (BoJ) recently deciding to soften its grip on the “yield curve control” program. On Tuesday, the central bank maintained the…
akinbostanci Dear readers/followers, Aon plc (Aon) is a company that remains, despite the recent underperformance since about June when I posted my last article, interesting. This article can be found here. The problem is that based on the current situation we’re in, we’re looking at a company that remains overvalued by most metrics to other…
skynesher Overview My recommendation for Equifax (NYSE:EFX) is a hold rating as there is a lot of uncertainty in the near term (4Q23), which makes me stay on the sidelines and await a clearer outlook for the business. Note that I previously rated a hold rating for EFX due to my pessimism about the business’s…
ElementalImaging In January, I rated Energizer Holdings (NYSE:ENR) a hold and remarked that it was okay to take profits. I followed my advice and was partially successful in selling my holdings. I sold part of my holding outright and tried to sell the rest using a covered call strategy. Unfortunately, the stock’s momentum faded as…
Tsuji Overview The greenback did not strengthen yesterday in the Asian and European turnover despite the deteriorating conditions in the Middle East, but it did rally as North American participants entered the fray. Indeed, the Dollar Index (SP500, DXY) rose from a marginal new four-day low to a marginally new four-day high. The safe haven…
FatCamera/E+ via Getty Images Just like when it comes to chess or any other activity, part of becoming better at what you do involves learning from your weaknesses and improving on them. When it comes to investing, one of the weaknesses that I have is that I tend to give too much leeway in companies…
bennymarty Swiss premium confectionery company Lindt (OTCPK:LDSVF)(OTCPK:COCXF)(OTCPK:CHLSY) continues to impress on revenue and profit growth. While consumer spending and cost inflation pose an ongoing challenge, Lindt has thus far seen relatively modest pushback on higher prices, while EBIT margin in the first half of FY2023 came in at a record high. Business performance has never…
Wirestock Park Aerospace (NYSE:PKE) is one of the small aerospace suppliers that I am following and is a buy in my book. Since my last report covering the stock, Park Aerospace has gained 15%, outperforming the broader market, and since my first buy rating for Park Aerospace stock, the stock gained 40% compared to the…
DKosig The JPMorgan Global Manufacturing Purchasing Managers’ Index (PMI) compiled by S&P Global, signalled a largely stalled factory sector in September, the PMI registering 49.1 compared to 49.0 in August. The latest reading indicated a marginal deterioration in business conditions for a thirteenth successive month. Europe continued to see the steepest downturn, followed by Japan,…
Dragos Condrea/iStock via Getty Images Investment Thesis I covered Zscaler, Inc. (NASDAQ:ZS) earlier in July, in which I covered ZS’s competitive position in the market. In this article, I will cover some recent developments, including the company’s recent results and Microsoft Corporation’s (MSFT) entry into the market. I firmly believe that Zscaler’s platform offers superior…
Yurii Kifor The WMT Investment Thesis Remains Robust Walmart (NYSE:WMT) is a stock that requires no introductions, due to its growing eCommerce presence, large retail footprint with over 4K outlets in the US, and over 10.5K outlets globally. WMT Beats Rivals On Prices Reuters Most importantly, thanks to its improved affordability and competitively priced offerings,…
Eric Thayer/Getty Images News Costco: (NASDAQ:COST) reported fourth-quarter earnings per share (EPS) of $4.86, beating analyst expectations by $0.07. Revenue came in at $78.94 billion, also beating expectations by $1.22 billion. Comparable sales increased 1.1% year-over-year, excluding gas and foreign exchange effects. However, comparable sales in the United States were flat, as gas deflation and…
Sansert Sangsakawrat/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist. BlackRock Enhanced Capital and Income Fund (NYSE:CII) remains a solid choice for long-term income investors. The fund has produced attractive returns while paying out a solid monthly distribution. However, the downside to considering an entry into this fund at this time remains…
Vladimir Zakharov Introduction We have written an article on Vanguard Small-Cap Index Fund ETF Shares (NYSEARCA:VB) back in 2020 during the initial outbreak of the pandemic. The article is available here. At that time, we had a hold rating as there were a lot of unknowns about COVID, and that Small-Cap stocks generally do not…
gorodenkoff Investment thesis Investors’ optimism about Proto Labs (NYSE:PRLB) has been disappearing since January 2021, which has caused a very significant drop in its share price. It is true that sales have exceeded pre-pandemic levels, but profit margins have decreased over the years due to the expansion of product offerings and, more recently, due to…
Chinese tech giant Huawei refrained from unveiling its new 5G smartphone during its recent autumn season launch event. Instead, the company focused on electric vehicles, revealing its first sedan and luxury SUV. On Monday, September 25, Chinese telecommunications and tech giant Huawei remained tight-lipped about its new 5G phone featuring an advanced breakthrough. Rather than…
Caziopeia/iStock Unreleased via Getty Images Investment Thesis: I take the view that Lindt & Sprungli (OTCPK:LDSVF) could continue to see upside given growth in EBIT margin and a steady net debt to EBIT ratio. In a previous article back in July, I made the argument that Lindt & Sprungli could continue to see growth due…
Corri Seizinger/iStock via Getty Images Dear readers/followers, I have previously written about the copper/metals player Aurubis (OTCPK:AIAGF) (OTCPK:AIAGY). After being neutral on the business due to overvaluation for the better part of a year I finally went to “BUY” back in June of this year. Unfortunately, a few things happened to ensure that the company…