olaser Introduction and Thesis I first wrote about Exxon Mobil Corporation (NYSE:XOM) in August 2023. Considering that my articles are written with a 5-10 year timeframe in mind, I didn’t anticipate writing a new piece on the company so soon after the first article. However, material developments regarding Exxon’s business that I wasn’t fully aware…
sitox ETF Overview Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) owns a portfolio of U.S. large-cap stocks with high sales, excessive operating cash flow generation, and substantial dividend and share buyback plans. The fund has delivered solid return since the beginning of the year. Its valuation is also fair relative to the historical average. However,…
Andres Victorero The above is Briefing.com’s weekly economic data table. April ’24 PPI and April ’24 CPI are due out Tuesday, May 14th, and Wednesday, May 15th, respectively. Shelter or OER (owners’ equivalent rent) has a significant influence on the CPI given its weight (roughly 30% of the inflation gauge) and then add in auto…
Jonathan Kitchen Introduction For about a year now I’ve been trading 3X-leveraged UPRO with tail-risk hedges using XSP options. That combination offers unique advantages which will be explained here. Let’s be clear about the “tail risk” concept. The goal is to constrain worst-case losses, or to state a more statistical objective, constrain 98%-confidence losses. Tail-risk…
iQoncept Investment Thesis Apple (NASDAQ:NASDAQ:AAPL) recently announced its Q2 FY24 earnings results that beat estimates. Two straight takeaways from their earnings report were the hardware devices business not doing as badly as markets estimated and its record share buyback program, which is now on record as the largest ever share repurchase program. This earnings announcement…
tobiasjo Reinvestment Risk Reinvestment risk is the risk that when your term preferred stocks or your bonds mature that you will not be able to reinvest that money at similar or better yields because interest rates have fallen. This will result in the decline of your future income. At our service, we offer a recommended…
crstrbrt Alpha and Omega Semiconductor (NASDAQ:AOSL), a supplier of power semiconductors, has fallen below a price level that had provided support to the stock for about a whole year. The stock bounced each time whenever it reached this level, but that is not what happened this week. The price action is bearish for several reasons,…
belterz/E+ via Getty Images Last night, Israel attacked Iran’s territory directly. This is the second major escalation of what has been a mostly covert international confrontation between Israel and Iran. But now, Iran has launched an attack on Israel from its territory and vice versa. Luckily, the limited nature of the Israeli attack appeared to…
Sundry Photography Amid softer macro trends across the globe, many companies have taken to one overarching strategy for solving top-line pressures: increased pricing. I’m generally wary of this strategy as a lever to chase long-term revenue growth, as price increases are more of a one-time driver that fades from a y/y growth perspective as soon…
numismarty/iStock via Getty Images PM is undervalued The thesis of this article is to explain the risks hidden behind Philip Morris International Inc.’s (NYSE:PM) dividend yield. The chart below summarizes consensus ratings of the stock’s dividend grades and compares them to the sector median. As seen, PM’s dividend yield across all metrics receives an A…
DNY59 The S&P 500 is at risk of rolling over, and while most of the large cap market looks awful to me right now, there is a possibility that if a deep decline does occur, it might do so in waves, with the Nasdaq 100 being the last shoe to drop. This could be gradual,…
ryasick Investing in corporate credit at this point in the cycle is risky to me, given just how narrow credit spreads are. Having said that, there is still opportunity, so long as you access the space by limiting exposure to overpriced and vulnerable bonds. That’s why the BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) is…
JHVEPhoto/iStock Editorial via Getty Images At the Lab, we are excited to comment on Aviva plc (OTCPK:AIVAF) (OTCPK:AVVIY) once again. Following our previous publication stating that Aviva was not a potential takeover candidate, we continued to emphasize the company’s undervaluation. At that time, the company was a unique opportunity for investors, especially considering a 2024…
Photitos2016/iStock via Getty Images Rekor Systems (NASDAQ:REKR) is a company providing AI-driven hardware and software technology that gathers mobility data from transport activities to deliver roadway intelligence. REKR changed its name from Novume Solutions in 2019, and the stock appears to have gone public at a price of $2 in 2017. All-time return since then…
marcnorman Chipotle Mexican Grill, Inc. (NYSE:CMG) is a high-quality, moaty QSR company that has outperformed the S&P 500 (SPX) (SPY) easily over the past year with a 1Y total return of 65%. CMG investors laud the company’s value proposition, catering to a wide range of consumers while offering wholesome menus. It has also rapidly expanded…
VioletaStoimenova/E+ via Getty Images Investment thesis Growth with low risk is a description that captures the essence of FTI Consulting, Inc. (NYSE:FCN). The company works with many large and prominent clients in the legal, banking, Fortune 100, and private equity firms. Since going public in 1996, its share price has grown 24-fold in 28 years….
den-belitsky Introduction and thesis Travelzoo (NASDAQ:TZOO) is a global media commerce company that provides insider deals and experiences for members through its website, email newsletters, social media channels, and mobile apps. The company offers discounted deals on travel, entertainment, dining, and other lifestyle activities, partnering with thousands of travel and entertainment companies worldwide. We are…
josefkubes The last time I have covered 3M Company (NYSE:MMM) was back in November 2023, recommending investors to initiate long position in this global industrial conglomerate as the company was trading at a very cheap valuation and at the beginning of its long-awaited turnaround. Since that time the stock has delivered a total return on…
John M Lund Photography Inc CrowdStrike’s (NASDAQ:CRWD) dominance in endpoint security and adjacent markets is becoming more apparent over time. While many cybersecurity companies face an ongoing slowdown, CrowdStrike’s growth appears to be stabilizing at a reasonably high rate given the company’s size, a notion that is supported by robust hiring and reasonably aggressive long-term…
Dennis Diatel Photography While its stock is nowhere near the peak it reached during the meme stock mania of 2021, GameStop Corp. (NYSE:GME) has the potential to rebound from current levels, in my opinion, when it posts its Q4 and full year 2023 results on March 26 after market close. Analysts expect the video game…
jiefeng jiang Investment Thesis The VanEck Semiconductor ETF (NASDAQ:SMH) has demonstrated remarkable performance, with a year-to-date daily total return of 31.03% and a 1-year daily total return of 81.45% as of March 22nd. SMH’s success can be attributed to its significant holdings in leading semiconductor companies, particularly Nvidia (NVDA) and Advanced Micro Devices (AMD), which…
loveguli/E+ via Getty Images The MicroSectors FANG+ ETN (NYSEARCA:FNGS) offers targeted exposure to a specific group of ten highly traded mega-cap stocks. From the original “FANG” term coined more than a decade ago referring to outperforming high-growth tech leaders covering Meta Platforms, Inc. (META) “Facebook”, Apple Inc. (AAPL), Netflix, Inc. (NFLX), and Alphabet Inc. Class…
nazarovsergey/iStock via Getty Images Topline Summary and Update In my last update on ADC Therapeutics (NYSE:ADCT), I reaffirmed an opinion that the company was significantly undervalued, as they had an approved product with growing sales, and yet they traded below their cash on hand. Falling into penny stock territory, ADCT has since experienced a resurgence,…
aapsky Summary Following my coverage of Amadeus IT Group (OTCPK:AMADF), for which I recommended a buy rating due to the strong growth tailwind from air travel and pricing power seen in the distribution segment (due to the product’s stickiness), this post is to provide an update on my thoughts on the business and stock. I…
MF3d Investment Thesis The VanEck Semiconductor ETF (NASDAQ:SMH) has performed remarkably over the last five years. The fund’s low expense ratio and fees combined with close replication of what has been a massively lucrative industry has generated superb returns for shareholders. However, an increasingly bearish macro combined with what I believe is a potential overvaluation…
akinbostanci Elevator Pitch Prudential plc (NYSE:PUK) [2378:HK] [PRU:LN] shares are rated as a Hold. I wrote about Prudential’s dividends and the prospects for its Greater China businesses in my December 7, 2023 initiation article. My current write-up focuses on the preview of PUK’s FY 2023 financial results and the company’s 2024 business outlook. Prudential’s shares…
Ignatiev/iStock via Getty Images By Christopher Gannatti, CFA No stock has been hotter in this artificial intelligence (AI) cycle than Nvidia (NVDA) (NVDA:CA), which recently eclipsed a market capitalization of $2 trillion. Whether it can continue at this pace is a much more difficult question. We scoured a universe of thematic equity exchange-traded funds (ETFs)…
hapabapa It’s clear that Nike (NYSE:NKE), the famous footwear and apparel brand, is a great business. Its innovative marketing and willingness to outspend its competitors in order to gain competitive advantage have rewarded them with ROCE consistently above 20%. With Nike trading around its pre-pandemic high, there seems to be pessimism surrounding the company. Nike…
Jacob Wackerhausen/iStock via Getty Images Credo Technology (NASDAQ:CRDO) is a company providing high-speed connectivity solutions, such as integrated circuits / ICs, Active Electrical Cables / AECs, and Serializer and Deserializaer / SerDes Chiplets. Share performance has been relatively strong since going public in 2022 at the price of $11 per share. Despite the demand shock…
simonkr The iShares National Muni Bond ETF (NYSEARCA:MUB) tracks the listed muni bond market, with substantial exposure to California and New York states in the US. The duration is quite long on this ETF at 6 years, so speculation on relatively short-term factors will matter. The ETF is super efficient with an expense ratio of…
volodyar Following the Fiscal Year 2023 results release, we are back to analyze Stevanato Group (NYSE:STVN). As a reminder, our team has a buy-rating view supported by Secular Tailwinds In Biologics Demand, 2) a CAPEX plan with an economic moat, and 3) a margin expansion projection. After the Q4 results, we are moving Stevanato Group…
tadamichi One of my favorite funds to “set and forget”, the RPAR Risk Parity ETF (NYSEARCA:RPAR) has yet to give its scarred investors much of a break. Following a historically terrible 2022 for multi-asset strategies, driven by a back-breaking spike in interest rates, last year was barely better than flat for the risk-parity fund. In…
Chip Somodevilla On the first day of Powell’s testimony, not much happened, and he failed to take control. There was very little that was new. This comes despite continued signs of inflation reaccelerating and robust economic data. If the Fed is correct in its assessment that inflation will return to target, the unemployment rate will…
youngvet/iStock via Getty Images Overview – Collateralized Loan Obligations Some dividend investors fall victim to the high yields. Speaking from experience, I understand the thrill of collecting those massive dividend payments and snowballing them into other areas of your account. However, I believe that some yields are harmful and strip value away from us as…
JazzIRT Medical Properties Trust (NYSE:MPW) is managing its poor liquidity position by performing asset sales, a profile that is not sustainable, and a serious liquidity crunch can happen in the coming quarters. As I’ve analyzed in previous articles, I have been bearish on MPW over the past year, due to its fundamental issues that led…
hernan4429 Salesforce (NYSE:CRM)’s shares have increased 70% in the last year as the company executed well against its growth strategy, announced aggressive stock buybacks and targeted an improved free cash flow profile. The cloud-based software company also released a very solid earnings report for Q4 last week, which easily beat top and bottom line estimates….
champpixs Transcript As the macro backdrop improves in the near term, we get granular to seize opportunities in the new regime. We see more market risk-taking as inflation falls and the Federal Reserve readies interest rate cuts. 1) Credit yields The spread between yields for sovereign bonds and credit has steadily tightened, even as the…
Marcelo Hernandez Universal Music Group (OTCPK:UMGNF) (OTCPK:UNVGY), the largest pure-music company in the world in terms of sales, reported fourth-quarter and full-year results that handily beat expectations. With the TikTok battle, a newly announced reorganization, and the continued rise in share price, there’s a lot to get into. Let’s dig in. Introduction To Universal Music…
Editor’s note: Seeking Alpha is proud to welcome Winged Investor 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 » PATRICK T. FALLON/AFP via Getty Images Business Overview Hawaiian…
LIONEL BONAVENTURE/AFP via Getty Images Meta Platforms’ (NASDAQ:META) (META:CA) stock has been on a bull run over the past year, as it delivered strong advertising revenue growth, and the company’s ‘Year of Efficiency’ paid off. In the previous article, we discussed how Meta’s AI initiatives are promising sources of growth, with the company benefitting from…
magical_light/iStock via Getty Images The last time I wrote on (NASDAQ:GLDD), I saw some signs of recovery, but it was still looking dicey in the short term. However, I think now might be the right time to enter the stock. As the macroeconomic conditions are way better, GLDD looks cheap now, valuation-wise. So, I am…
Westend61/Westend61 via Getty Images Stratasys (NASDAQ:SSYS) is an Israeli-US company among the leading global manufacturers of 3D printers and consumables used in the additive manufacturing industry. If interested in the industry, here are my previous articles on Materialise NV (MTLS), 3D Systems Corporation (DDD), Proto Labs (PRLB), Xometry (XMTR), and The 3D Printing ETF (PRNT)….
Fokusiert Thesis Sometimes high-yielding funds prove to be only a mirage, driven by financial engineering gimmicks on the part of managers. Other times, especially in the high-yield world, they are truly supported distributions, with Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) being such an example. The fund is a fixed income CEF focused on mortgage…
PATRICK T. FALLON/AFP via Getty Images As a value investor, growth investing can be a scary concept. Paying a high price, a price that is higher than justified based on current fundamentals, with the hope that future growth will not only make up that gap but also allow you to achieve a robust return does…
champpixs In the context of valuing companies, and sharing those valuations, I do get suggestions from readers on companies that I should value next. While I don’t have the time or the bandwidth to value all of the suggested companies, a reader from Iceland, a couple of weeks ago, made a suggestion on a company…
metamorworks The following segment was excerpted from this fund letter. Calumet Specialty Products Partners (NASDAQ:CLMT) We recently initiated an investment in Calumet in the event-driven portfolio. Calumet fits firmly within the “moderate risk, high reward” bucket of our portfolio for reasons that will be apparent. Calumet is a refining and specialty chemical company with three…
Alfribeiro/iStock Editorial via Getty Images Image: Coca-Cola FEMSA Brazil delivery truck Coca-Cola Investment Thesis – Putting IRS Claim To One Side I previously published an article on The Coca-Cola Company (NYSE:KO), “Coca-Cola: Debt Levels Reduced, Attractive Multiple, Upgrade From Hold To Buy” on Oct. 9, 2023, ahead of Q3-2023 earnings release on Oct. 24, 2023….
VCG/Visual China Group via Getty Images Luckin Coffee (OTCPK:LKNCY) is a Chinese coffee chain founded in 2017 with a digital-first business model that had been rapidly growing to overtake Starbucks (SBUX) before accounting fraud issues led to bankruptcy. Since 2022, they have been rebuilding trust under new management. So far, things have been looking relatively…
Dilok Klaisataporn Investment Overview The biotech industry can be a tough business to be in, but investors favour the sector, pouring money into even the earliest stage companies, who may not have much more than a molecule and high cash burn to offer in return. Buying biotech stock is similar to buying a lottery ticket…
Viktor Aheiev/iStock via Getty Images As the UK share market shows possible signs of weakness early in 2024, we look at ways of reducing equity risk. In an earlier blog, we explored the FTSE 100 Target Volatility index, which adjusts its exposure to equities and cash to target a specific level of index volatility. In…