ferrantraite Introduction I’ve been following U.S. residential homebuilder Landsea Homes (NASDAQ: LSEA) closely and I’ve written six articles about the company on SA so far. The latest of them was in August 2023 and in it I said that the Q2 2023 results were strong but that the Q3 2023 guidance looked weak. On November…
sofirinaja/iStock via Getty Images Thesis For investors new to our work on Fairfax, please see ‘Fairfax Financial: Unappreciated Earnings Power’ for a more detailed look at the overall company. Below is our primary thesis on the company. We think investors are not appreciating the underlying earnings power of Fairfax because they are fixated on certain…
Apple reported quarterly revenue of $89.5 billion, down 1 percent YoY, and a cash pile of $162.1 billion down from $166.5 billion at the same time last quarter. After closing Thursday’s trading session on a bullish outlook, Apple Inc (NASDAQ: AAPL) stock dropped approximately 3.39 percent during the after-hours to trade around $171.55. Now, in…
Scott Olson Article Thesis Apple Inc. (NASDAQ:AAPL) reported its most recent quarterly earnings results on Thursday afternoon. While the company saw its profits come in ahead of estimates, results weren’t great. For a company that is trading at an expensive valuation, Apple hasn’t performed well enough, I believe. What Happened? Apple Inc. has announced its…
RTimages/iStock via Getty Images When I last wrote about Reviva Pharmaceuticals Holdings (NASDAQ:RVPH) in September, I rated it a buy ahead of upcoming results from the phase 3 RECOVER study of its antipsychotic brilaroxazine in schizophrenia. This article takes a look at the results from RECOVER-1, announced on October 30, and what lies ahead now….
Liudmila Chernetska Elevator Pitch My rating for RLX Technology Inc. (NYSE:RLX) stock is a sell. I previewed RLX’s second quarter financial results with my prior write-up published on August 4, 2023. The focus of the latest update for RLX is the read-throughs from its contract manufacturer’s most recent quarterly financial performance. The Q3 2023 results…
VioletaStoimenova In November of last year, I believed that AMETEK, Inc. (NYSE:AME) was putting some money to work again, announcing two bolt-on deals after 2022 has been quite strong so far. Liking the performance of the business and its strategy, I was upbeat on the business but found the valuation a bit too demanding to…
Kemal Yildirim AbbVie (NYSE:ABBV) is one of the largest companies in the global pharmaceutical market. The company is headquartered in North Chicago. Thesis Since writing our last article, the company’s share price has continued a downward movement, in line with our expectations. However, AbbVie’s published financial results for the third quarter of 2023 were a…
hapabapa Earnings season has been dramatic. The S&P 500’s blended EPS growth rate for the quarter is solid at 2.7% – above what strategists had predicted heading into the Q3 reporting period. Despite the generally decent results, earnings revisions have been cautious and stock price reactions have been downright spooky. FactSet notes that companies beating…
AzmanJaka Waste Management (NYSE:WM) shares have been treading water over the past year, up just 2% as the business continues to perform well but valuation has been elevated, particularly in light of higher interest rates. The company recently reported Q3 earnings, which were solid, despite some headwinds in recycling. Since recommending shares last October, Waste…
karandaev Investment Perspective: Valuation and Growth Post Stock Drop While Coca-Cola’s (NYSE:KO) shares are off almost 14% since their highs earlier this year, they offer a tempting entry point for investors scouting for a top-tier firm with an impressive growth history. Even with short-term challenges such as currency fluctuations and GLP-1 drug-related apprehensions (drugs like…
Following the Q3 2023 report, Intel stock rose by more than 7% in after-hours trade, after closing the session at $32.52 per share. As of the press moment, Intel stock is trading at $35.15. Its market cap has hit $137.49 billion. Year-to-date, Intel shares are 23.04% up. The world’s largest manufacturer of central processing units and semiconductors…
However, BNP Paribas is not immune to the challenges faced by many of its peers in the banking industry. French multinational banking giant BNP Paribas SA (EPA: BNP) recently released its Q3 2023 financial result, painting a picture of adaptability and resilience in a tumultuous economic environment. Under the stewardship of CEO Jean-Laurent Bonnafe, the…
champc In the aftermath of the 2020 volatility spike, Flow Traders (OTCPK:FLTLF) was often hailed as insurance against declining markets. Over the last years, markets have not been declining but still volatility traded at, historically, elevated levels. This year volatility dropped and even though Flow has returned value in terms of dividend, the declining stock…
KuznetsovDmitry/iStock via Getty Images Introduction While the market already was signaling it wasn’t expecting a strong performance from payment provider Worldline (OTCPK:WWLNF) (OTCPK:WRDLY), the company’s share price fell by more than 50% on Wednesday after the company had to cut its full-year guidance. I think this decrease is overblown although it’s clear my targets for…
Visa stock is up by about 23% over the past 12 months and only slightly down from July 2021’s all-time high of $252.67. Visa Inc (NYSE: V) stock rose 1.35% in Tuesday’s regular session following the release of the company’s earnings results for its fiscal Q4 2023 on Tuesday. The shares rose to $234.65, trading…
Verizon Communications closed the third quarter with 10.3 million broadband subscribers, a 21 percent increase YoY, thus representing its consecutive fourth quarter of net additions. Verizon Communications Inc (NYSE: VZ), a holding company that engages in entertainment products and communication services, announced its Q3 2023 earnings results on Tuesday, October 24. According to the announcement,…
Coca-Cola is one of the few beverage and food companies worldwide still standing strong despite the ongoing global financial meltdown. Coca-Cola Co (NYSE: KO), the global beverage giant, has demonstrated impressive resilience in its recently reported third-quarter (Q3 2023) earnings, beating analysts’ estimates and raising its outlook for the full year. The company reported net…
In light of its stellar performance and the resilience displayed in the face of challenges, Philips looks to uphold its commitment to creating enduring value and delivering sustainable impact in the long term. Philips, a prominent Dutch health technology company, has exceeded market expectations in its 2023 third-quarter performance, leading to an upward revision of…
vefimov/iStock via Getty Images Shares of Discover Financial Services (NYSE:DFS) plunged by 8% on Thursday after reporting weak Q3 results. Shares are now down by about 30% from their 52-week high and lower than twelve months ago. The company faces regulatory overhang, an uncertain CEO search, and now a surprisingly large quarterly deterioration in the…
hapabapa Markets are clearly concerned about the U.S. budget deficit and war spending. Since the war began, the Biden administration and the U.S. Congress have directed $76.8 billion in assistance to Ukraine. The Administration is now drafting a bill for another $100 billion for Israel and Ukraine. Whether you view these expenses as discretionary or…
naphtalina/iStock via Getty Images Then God said, “Let there be light,” and there was light. And God saw that the light was good. Then he separated the light from the darkness. God called the light “day” and the darkness “night.” And evening passed and morning came, marking the first day. With rates steadying and turning,…
cemagraphics Introduction French cabling specialist Nexans (OTCPK:NXPRF) is the largest position in my stock portfolio at the moment and I’ve been looking for other investment opportunities in France. One company that caught my attention is steel producer Aperam (OTC:APEMY) due to its 7.1% dividend yield and solid balance sheet. While 2023 is shaping up as…
SweetBunFactory Investment Thesis The overall demand for semiconductor products is strong, and thus, in the long term, the demand for Axcelis Technologies (NASDAQ:ACLS) ion implant products is strong. ACLS stock price decreased from $200 on 31 July 2023 to about $160. Mentioning the strong semiconductor market outlook, one might argue that after this recent drop,…
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…
Smederevac H.B. Fuller Company (NYSE:FUL) markets adhesives, polymers, encapsulants, and other chemicals globally. In my last report, I told to avoid it, and the stock hasn’t moved much since then. I am still firm on my stance. It recently posted its Q3 FY23 results. The company continues to face the same headwinds that it faced…
tadamichi Q3 2023 Performance In Q3 I returned +7.9% versus -3.0% for the S&P 500 (SPY). In 2023, I’ve returned +21.1% versus +13.4% for the index. I’ve gone from a fairly large underperformance to a sizable outperformance. My performance in Q3 was driven by, well, pretty much everything I owned other than Dole. I sold…
champc Introduction Seneca Foods (NASDAQ:SENEA) (NASDAQ:SENEB) is a U.S. fruit and vegetable processor that popped on my radar screen following strong Q1 FY24 results as net sales rose by 12.6% while net income more than quadrupled to $23.1 million. However, this performance doesn’t seem sustainable as the financial results benefited from higher selling prices as…
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…
naphtalina/iStock via Getty Images I wouldn’t make that bet. Despite 10-year yields breaking above the dreaded 4.50% level, history shows – at least 11x since 1960 that many of the “breakouts” in yields wind up actually being “fake outs” in yields. Don’t buy the hype… For everyone shorting bonds in the hole, keep in mind…
simon2579 THOR Industries (NYSE:THO), the leading U.S. manufacturer of recreational vehicles (RVs), released its full year results on Monday. As my initiation report was published almost a year ago, I thought it was timely to provide an update. For the sake of brevity, I will not rehash THOR’s competitive advantages or its history; I will…
Art Wager Costco Wholesale (NASDAQ:COST), with a fortress-like financial foundation, a wide and durable moat, and a transparent and long growth runway, stands out among prospective investments. Those factors undoubtedly play into the 22% gain the shares tallied this year, and when weighing the many positives associated with the company, the most likely question on…
anyaberkut Written by Nick Ackerman, co-produced by Stanford Chemist. Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) takes a unique approach to blend together its portfolio with three of these different sectors. The fund trades at a deep discount, which has actually widened out since our last coverage well over a year ago. The discount might…
David Gyung/iStock via Getty Images Introduction The share price for BGC Group, Inc. (NASDAQ:BGC) has been on a steady trajectory upwards as the financial sector is recovering after the volatility it saw earlier this year when two major regional banks went under. Even if BGC doesn’t operate in that industry, they still seem to have…
alvarez Greif (NYSE:GEF) offers industrial packaging products worldwide. GEF recently announced disappointing Q3 FY23 results. I will analyze its Q3 FY23 results in this report. Its valuation seems high, and the technical chart is bearish. I think we might see volatility in the stock price in the coming times, and I don’t see the company…
naphtalina/iStock via Getty Images Lennar (NYSE:LEN) is one of the major homebuilding companies in the country. The stock is a few points off its highs, along with the broader market. We have been bullish all year on homebuilding stocks and our members have made profitable trades with us in the space. But what now? With…
martin-dm One of the core tenets of my investment philosophy is that it is wise for investors to keep a close eye on the companies that they own shares of. Whenever new data becomes available, we get the opportunity to see how the companies that we own shares in are performing. And when we notice…
new look casting/iStock via Getty Images Introduction Several weeks ago, I wrote XMHQ Is Seeking Alpha’s Top Ranked Mid-Cap Blend ETF!, which reviewed the best Mid-Cap Blend ETF as ranked by Seeking Alpha. The XMHQ ETF uses multiple quality factors to pick and weight their portfolio. At that time, the Vanguard U.S. Quality Factor ETF…
AvigatorPhotographer On September 7th, 2023, Tsakos Energy Navigation (NYSE:TNP) published its Q2-2023 earning report. Results were a bit worse than investors were expecting, and the stock lost up to 7% in the first trading hours after the results announcement. In this article, I will provide an overview of Tsakos’ Q2-2023 results and I will explain…
Lululemon Athletica announced a revenue of about $2.2 billion, up approximately 18 percent compared to the same time last year. Canadian multinational athletic apparel retailer Lululemon Athletica Inc (NASDAQ: LULU) released its Q2 2023 financial results and the full-year outlook on Thursday. According to the announcement, the company’s operations continued to strengthen during the second…
This article was written by Tom Hayes is Founder, Chairman and Managing Member of Great Hill Capital, LLC (a long/short equity manager based in New York City). He started Hedge Fund Tips as a platform to share actionable insights, tips and research for investors/traders to benefit from – based on what he has learned in…
Despite reporting stronger guidance than expected by analysts, Salesforce highlighted that market uncertainty continues to pressure its future growth prospects. Salesforce Inc (NYSE: CRM), a leading American cloud-based software company, announced several announcements on Wednesday, including fiscal Q2 2024 ended July 31, 2023. According to the announcement, Salesforce recorded an adjusted earnings per share of…
Michael Vi E-commerce giant JD.Com Inc. (NASDAQ:JD; 9618.HK) announced its second-quarter results on Aug. 16, including a 7.6% year-on-year rise in revenue to 287.9 billion yuan ($39.5 billion), and a 31.9% jump in adjusted profit to 8.6 billion yuan, both exceeding market expectations. Among its business segments, electronics and home appliances performed strongly, with revenue…
FG Trade/E+ via Getty Images Investment action Based on my current outlook and analysis of TransDigm Group (NYSE:TDG), I recommend a hold rating. While I really like the business, growth momentum, and capital allocation policies, I am not in favor of investing at the current valuation. The stock has done really well this year, putting…
HJBC This is a frustrating period for Aviva (OTCPK:AIVAF)(OTCPK:AVVIY) investors. Shares of the UK composite insurer have been on a downwards trajectory for several months now, falling around 10.5% in GBP terms since my last update in May and around 20% from their March high. Aviva: Share Price (GBX Per Share) Source: Google Sharp-eyed followers…
krblokhin/iStock via Getty Images Comstock Holding Companies, Inc. (NASDAQ:CHCI) recently reported Q2 2023 earnings results on August 11. Results were mixed, with some reasons for investors to be comforted and some reasons to be concerned. When it comes to micro-cap stocks, things will usually not be perfect quarter to quarter and the lack of earnings…
JHVEPhoto Things have been going quite well for financial technology company Intuit (NASDAQ:INTU). Although shares initially pulled back slightly leading up to the announcement of financial results covering the final quarter of its 2023 fiscal year, that decline was short lived. On August 25, shares of the enterprise shot up around 3% in midday trading….
Gap Inc’s new CEO Richard Dickson took over after the company reported an 8 percent drop in sales in Q2 to $3.55 billion, compared with $3.86 billion a year earlier. Gap Inc (NYSE: GPS) shares closed Thursday trading at $9.53, down 1.24 percent from the day’s opening price. The losses were however recovered during the…
In the face of changing dynamics for China’s tech giants, Meituan has demonstrated a commitment to strategic expansion into adjacent sectors. Chinese tech giant Meituan (HKG: 3690) released its second-quarter (Q2) 2023 financial results earlier today, stunning investors and industry experts alike with performance far exceeding expectations. Meituan Results Unveiled in Net Profit One of…
Driven by the high demand for AI products, Nvidia reported a significant increase in revenue and expects exponential growth ahead. Nvidia Corp (NASDAQ: NVDA) shares closed Wednesday trading at $471.16, up 3.17 percent from the day’s opening price. The NVDA gains extended by about 6.58 percent during the after-hours session to trade at about $502.15….