AlexandrBognat/iStock via Getty Images Elevator Pitch I have a Buy investment rating for BYD Electronic (International) Company Limited (OTCPK:BYDIF) (OTCPK:BYDIY) [285:HK]. Previously, I touched on the risk relating to the company’s customer concentration, and BYDIF’s efforts to diversify its client mix in my June 1, 2020 article. In its 1H 2023 interim report, BYD Electronic…
Anton Petrus/Moment via Getty Images Altria (NYSE:MO) is a “Dividend King” and there are only about 55 companies that currently qualify for this title. To make this list, a company needs to have at least 50 years of consecutive dividend increases. Altria has a 54-year history of consecutive dividend increases. The company has been able…
Bloomberg/Bloomberg via Getty Images Carlsberg (OTCPK:CABGY)(OTCPK:CABJF) stock has been on a tough run since I last covered the company in May. Shares of the Danish brewer have delivered a negative 18% total return in that time, significantly underperforming peers Heineken (OTCQX:HEINY)(OTCQX:HINKF) and Anheuser-Busch InBev (BUD) as well as global staples more generally. Data by YCharts…
Emanuele Cremaschi/Getty Images News Italian bank UniCredit (OTCPK:UNCRY)(OTCPK:UNCFF) has continued on its upward march since I opened on the name with a Buy rating in October, with the ADSs delivering a circa 27% total return in that time amid significant outperformance against wider European financials. Data by YCharts Much of that outperformance came immediately following…
Ralf Hahn Did Meta and Amazon Just Save Earnings Season? Big tech earnings kicked off earnings season last week and not all of the results were so magnificent. Alphabet (GOOG) (GOOGL) and Microsoft (MSFT) got things started on Tuesday, and while both surpassed top and bottom-line expectations, it wasn’t enough for investors. Weak advertising revenues…
tupungato Covering BNP Paribas (OTCQX:BNPQY)(OTCQX:BNPQF) last October, I remarked that mixed Q3 results would do nothing to improve sentiment toward the stock. More recent results covering Q4 certainly won’t help either, with the Paris-listed shares around 9% lower on the day post-release. Though down sharply following results, the ADSs have still returned around 6% since…
Hologic, Inc. (NASDAQ:HOLX) Q1 2024 Earnings Conference Call February 1, 2024 4:30 PM ET Company Participants Ryan Simon – Vice President, Investor Relations Steve MacMillan – Chairman, President and Chief Executive Officer Karleen Oberton – Chief Financial Officer Essex Mitchell – Chief Operating Officer Conference Call Participants Tejas Savant – Morgan Stanley Patrick Donnelly –…
Sundry Photography Note: I have previously covered Bloom Energy Corporation (NYSE:BE), so investors should view this as an update to my earlier articles on the company. It’s been a rough start to the year for leading U.S. exchange-listed fuel cell players, with stationary power generation system provider Bloom Energy Corporation, or “Bloom Energy”, being among…
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…
Ethan Miller/Getty Images News LG Display (NYSE:LPL) put in a mixed report on the 24th. On the one hand, LPL reported, for instance, its first quarterly profit after six quarterly losses. On the other hand, the relief is not likely to last with further losses in the pipeline for a number of reasons. There is…
JLco – Julia Amaral/iStock via Getty Images Back in October, we outlined a very clear trade on Farmers National Banc Corp. (NASDAQ:FMNB). We showed you the entries and rate shares as a buy for a trade and to collect income. The target exit was hit, and one of the things that we like to teach…
_ultraforma_ Investment Thesis – Q4 FY23 Update Citigroup (NYSE:C) (Citi) remains one of my favorite big-bank stocks after what may seem like initially disappointing Q4 and full-year FY23 results. CEO Jane Fraser has accelerated the bank’s turnaround program with tangible qualitative progress being made in FY23. While earnings data supporting the thesis of increased ROE,…
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…
PhonlamaiPhoto I last wrote on Richardson Electronics (NASDAQ:RELL) in October 2023, and I told you to avoid it due to weak results, market conditions, and price chart. Its share price has corrected around 7% since then. It recently announced its Q2 FY24 results. Its margins are declining, which is affecting its profitability. Even after the…
zhengzaishuru/iStock via Getty Images Kimbell Royalty Partners (NYSE:KRP) is now projected to have a quarterly distribution that averages in the mid-40s cents per unit in Q4 2023 and 2024 with a 75% payout ratio. This is a bit lower than the $0.51 per unit distribution for Q3 2023, due to weaker oil prices and increased…
SCM Jeans Some funds, when they launch, come out of the gate at the exact right time and have hot performance. The Panagram Bbb-B Clo ETF (NYSEARCA:CLOZ) is a quintessential example of this given its straight price line higher since inception. Is there still an opportunity for the CLOZ fund to continue to do well?…
JHVEPhoto It has been a rough start for some of 2023’s winners. Specifically, semiconductor stocks have struggled to kick-start the year. I noticed that the first two sessions of January were the worst back-to-back trading days since December 2022 for the VanEck Semiconductor ETF (SMH). After a stellar last 12 months, a pullback might make…
Hiraman Please note all $ figures are in $CAD, not $USD, unless otherwise stated. Introduction I recently covered Power Corporation (POW:CA), the parent company that owns almost 70% of Great-West Lifeco (TSX:GWO:CA). In this article, I’ll discuss Great-West Lifeco, one of its largest public investments, and delve deeper into the business and its most recent…
Reimphoto Nordea (OTCPK:NRDBY), the leading Nordic bank, has had its share of underperforming years in the past, but under CEO Vang-Jensen, profitability is back on track. Yet, the path back to a peer-level return on equity profile will be complicated by a challenged near-term backdrop for banks. For one, the lagged impact of a series…
beingbonny/iStock via Getty Images Investment Thesis Transcontinental (TSX:TCL.A:CA) is a flexible packaging and printing company in North America. It reported its quarterly results and has managed to deliver decent performance despite the macroeconomic pressures. I believe the company can further grow in the future as it has highly focused on the commercialization of recyclable flexible…
Jan-Schneckenhaus Investment Thesis I wanted to take a look at VeriSign (NASDAQ:VRSN), which is in charge of the two top-level domains on the internet: .com and .net, to see how its financials have looked over the last while and to see if this would be a good time to invest. Unfortunately, even with high margins…
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…
FrankvandenBergh Stockcharts Short-Term Pain (maybe)? Yesterday’s sell-off in equity markets coincided with another weak Treasury bond auction. That minor catalyst was compounded by the low liquidity of holiday markets. Friday’s Core PCE inflation numbers should put the final nail in the coffin for any Fed Cut doubters. I doubt you will see any more officials…
alvarez Investment Thesis Greif (NYSE:GEF) mainly focuses on offering industrial packaging products and services globally. The company has recently reported its quarterly and FY2023 results and experienced a downturn in its performance as a result of declining industry demand. I believe the industry dynamics can be constant for the next quarters and might affect the…
1971yes From my experience, some of the smallest companies offer up some of the best opportunities for investors. And very few companies out there have a market capitalization of less than $200 million. One such firm that I believe warrants the attention of investors is Graham Corporation (NYSE:GHM). In recent years, management has done a…
FluxFactory GMS Inc (NYSE:GMS) recently reported its latest quarterly results, with revenue and EPS coming in above expectations. The company recognized as a leading manufacturer of wallboard, ceilings, and steal-framing installations has benefited from the resilient construction activity despite the volatile macro backdrop over the past year. Indeed, the stock is up more than 40%…
Md Babul Hosen Brief summary of prior coverage X4 Pharmaceuticals (NASDAQ:XFOR) is developing mavorixafor for WHIM (a rare inherited form of chronic neutropenia), as well as for a broader chronic neutropenia patient population. Mavorixafor’s mechanism of action is ideal for WHIM and results from clinical trials are very convincing for an eventual approval in WHIM….
RiverNorthPhotography/iStock Unreleased via Getty Images Back in March, I placed a “Strong Buy” rating on J.Jill (NYSE:JILL), saying the stock was way too cheap to ignore and that it may be the best story in retail. The stock is down about -8% since then. With the company recently reporting earnings, let’s catch up on the…
VioletaStoimenova Rarely will you come across the ‘perfect’ investment opportunity. Most investments that you make in your life will, instead, involve trade-offs. As an example, smaller companies tend to be riskier than larger ones. But at the same time, they can also be overlooked and offer additional upside that you wouldn’t expect from larger prospects….
Sundry Photography/iStock Editorial via Getty Images In October, I reiterated my buy recommendation on Toll Brothers (NYSE:TOL), arguing there could be 40% upside. Since then, shares have already returned 24%. Despite this strong rally, I believe investors should stay long Toll. After the company’s most recent quarterly results and strong guidance, I see more upside…
Igor Vershinsky/iStock via Getty Images Travel + Leisure Co. (NYSE:TNL) recently delivered mixed quarterly results, but the company continues to deliver quarterly net sales growth and adjusted EBITDA growth. In my view, the significant amount of recurrent revenue, recent dividend growth, and the potential of the network effects established with brands and hotels will most…
Adventure_Photo Vail Resorts (NYSE:MTN) has been a poor performer over the past twelve months, losing about 13% of its value. This has added to long-term underperformance with shares 4% lower than five years ago. Higher rates have weighed on real-estate valuations, and the company has struggled to grow into its once-lofty valuation, given the slow-growth…
pixdeluxe NetApp (NASDAQ:NTAP), a notable player in the technology sector, has consistently demonstrated resilience and adaptability amidst a challenging landscape. Our in-depth analysis of the company’s Q2 2024 earnings, recent earnings call, and valuation metrics paints a complex yet promising picture. NetApp’s robust financial health and operational efficiency are commendable despite notable macroeconomic pressures and…
SweetBunFactory Ashland (NYSE:ASH) offers specialty ingredients and additives worldwide. ASH recently announced Q4 FY23 and FY23 results. They struggled in FY23 due to a destocking issue, which is expected to affect them in FY24. So, the outlook for FY24 isn’t that positive, and its valuation seems high. So, I think ASH might be unable to…
jetcityimage Investment Thesis Ulta Beauty (NASDAQ:ULTA) stands out as a company with a remarkable historical performance, consistently showcasing robust financial strength year after year. This is not what one would expect from a retail business, which often entails low competitive advantages, narrow margins and revenues closely linked to discretionary consumption. Acknowledging Ulta’s significant position in…
primeimages Introduction In September, I wrote an article on SA about fruit and vegetable company Seneca Foods (NASDAQ:SENEA) (NASDAQ:SENEB) in which I said that the next two quarters could be challenging due to rising inventories and that high debt levels were starting to become a serious issue. On November 9, Seneca Foods released its financial…
David Ramos As Hong Kong’s stock market looks set to fall for a fourth consecutive year, blue chip smartphone maker Xiaomi Corp. (OTCPK:XIACF) (OTCPK:XIACY) (1810.HK) stands out as a bright spot in an otherwise bleak setting. While most companies have fallen this year, Xiaomi’s shares are up more than 40% year-to-date as it gains market…
tonaquatic Thesis overview MorphoSys AG (NASDAQ:MOR) recently announced positive topline results from its phase 3 trial of pelabresib in myelofibrosis (MF). The study easily met the primary endpoint. However, despite the strong positive trend, statistical significance was not achieved at key secondary endpoints assessing symptomatic improvement. Nevertheless, in a pre-specified subgroup analysis in intermediate-risk patients…
tianyu wu In this comprehensive analysis, we explore the performance and strategic direction of Eaton Corporation (NYSE:ETN), one of the leading names in power management. Beyond the surface of quarterly earnings, we delve into the company’s business strategy, its response to market trends, and its management of various challenges. Eaton’s ability to deliver impressive financial…
SHansche Investment Thesis Navios Maritime Partners L.P. (NYSE:NMM) is a shipping company that operates in the maritime industry’s dry bulk and container segments. The stock price of NMM has been volatile in the past year, ranging from a low of $19.23 to a high of $28.80. This volatility has been a result of several reasons,…
Asia-Pacific Images Studio/E+ via Getty Images Elevator Pitch My rating for Futu Holdings Limited (NASDAQ:FUTU) shares is a Hold. I previously touched on the regulatory developments associated with FUTU’s business operations in my prior March 9, 2023 update. In this latest article, my focus is on the review of Futu Holdings’ financial results for the…
Suphanat Khumsap Investment Rundown I have covered Excelerate Energy, Inc. (NYSE:EE) before and I am this time around a little more bullish on the company, and with the stock price also reaching a far more reasonable level, meaning less premium against the rest of the sector, I do think a buy case can be established…
PhonlamaiPhoto In my last post, I initiated coverage of Algoma Steel (NASDAQ:ASTL), explaining my reasoning that through Algoma Steel’s current cost model with its Basic Oxygen Furnace, it is fundamentally undervalued by the market. Along with its current production output, due to its ongoing Plate Mill Modernization efforts and its transition to Electric Arc Furnace,…
Brandon Bell Shares of Nordstrom (NYSE:JWN) have been a poor performer over the past year, losing about 30% of their value as the company has battled through excess inventory, stagnating consumer demand, and an exit from its Canadian operations. Ultimately, the company is still lagging behind its peers on inventory improvement, and so I see…
Joe Scarnici Funko (NASDAQ:FNKO) has been right-sizing its business operations, inventory stock, and product lines in an attempt to show better profits and net income. The company recently reported better financial performance compared to the last three quarters. It shows improvement but it will take more time for there to be significant improvement. The current…
CorbalanStudio/iStock Editorial via Getty Images Here at the Lab, we started the year with a Strong Buy Recommendation on Enel (OTCPK:ENLAY), releasing a publication called the company “Is Set To Outperform In 2023.” Looking at the stock price performance and also considering the fact that the magnificent seven sisters made the S&P 500 return, we…
Group4 Studio/iStock via Getty Images Investment Thesis In my prior article on Berry Global (NYSE:BERY), I emphasized that the core of the thesis lies in observing consistent positive changes quarter after quarter. This shift marks a departure from the prior capital allocation strategies that eroded value by incurring substantial debt and engaging in acquisitions that…
Scott Olson Yesterday’s reaction to Walmart’s (NYSE:WMT) Q3 earnings report is an example of why market neophytes are unnerved by share price gyrations. In one fell swoop, the stock gave up over half of the year-to-date gains. In the current environment, Walmart’s business model is a double-edged sword. Inflation is forcing consumers to devote a…
skynesher Introduction I previously covered Franklin Covey (NYSE:FC), back in May, when I wrote an article explaining my bullish view on the stock. Since then, the shares have risen a modest 2% to $37.83, less than the 5% rise seen in the S&P 500 (SPY). This underperformance against the S&P comes despite the shares reaching…
Lemon_tm In a recent article, I predicted that Realty Income (NYSE:O) would report strong 3rd quarter results. The reason why I felt so confident about it is that most of its net lease peers had already released their results and they had been great across the board: VICI Properties (VICI): Beat Essential Properties Realty Trust…