Robert Way In this article, I’ll explain why I consider the VanEck Semiconductor ETF (NASDAQ:SMH) to be a preferable choice over the iShares Semiconductor ETF (SOXX). SMH and SOXX rank first and second-largest Semiconductor ETFs by assets under management (AUM) and share the same expense ratio of 0.35%. ETF Issuer AUM $B (source: Seeking Alpha)…
yoh4nn The Industrial sector isn’t what it used to be. Neither is investing in Industrials. Traditionally, it’s been about smokestacks, etc. For investors, this has been a very cyclical play. The main investment case for or against Industrials was, in essence, an economic forecast. If you are bullish on GDP, Industrial Production, etc., you want…
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The Chinese electric vehicle sector has begun to tap offshore markets for more funding, with shares in EV maker Zeekr gaining 34 per cent on Friday in the biggest IPO in the US by a…
DNY59 As the largest publicly traded Business Development Company (BIZD), Ares Capital’s (NASDAQ:ARCC) quarterly results often serve as a bellwether for the sector. Moreover, given its long and illustrious history of navigating numerous economic cycles and downturns and its leadership team coming from leading global alternative asset manager Ares Management Corporation (ARES), ARCC management’s commentary…
wolv Thesis CNX Resources Corporation (NYSE:CNX) has a unique strategy, one that emphasizes free cash flow, or FCF. The natural gas producer then allocates much of that FCF to share buybacks and reducing its debt. It’s been a successful strategy, one that has produced Energy sector-leading returns on equity, total capital, and assets, as well…
Jonathan Kitchen Stock markets are finally making a dip in April and it could present a good opportunity to buy the sectors and stocks previously thought to be too stretched or expensive. AI is an obvious sector to target as it is a recent “megatrend” and delivered huge gains through stocks like Nvidia (NVDA). However,…
Justin Paget Since my last coverage on Utilities Select Sector SPDR Fund ETF (NYSEARCA:XLU), the fund has remained marginally flat in terms of performance. However, the near-term outlook doesn’t look promising, and with this piece, I’m downgrading the XLU to a Hold rating, in line with a lower upside potential. Last time, I suggested that…
RapidEye Investment Thesis Sunoco LP Common Units (NYSE:SUN) has been on a bullish trajectory gaining about 64.12% over the last three years outperforming the S&P 500 by a margin of about 38%. Seeking Alpha Despite the solid upward trend, this stock has been experiencing a pullback over the last month but based on technical analysis…
Jonathan Kitchen What is the BlackRock Science and Technology Term Trust? The BlackRock Science and Technology Term Trust (NYSE:BSTZ) is an equity closed end fund that invests in the technology sector. The fund was launched during the summer of 2019 as a follow up to the extraordinarily successful BlackRock Science and Technology Trust (BST), which…
Ralf Hahn Focus of Article: The focus of this two-part article is to provide a very detailed analysis comparing Rithm Capital Corp. (NYSE:RITM) to 19 other mortgage real estate investment trust (mREIT) peers I currently fully cover. I am writing this two-part article due to the continued requests that such an analysis be specifically performed…
Zerbor Earlier this year, Seeking Alpha’s Wall Street Breakfast conducted a survey of its large pool of investment analysts, and one of the key questions concerned expectations for the 11 S&P 500 sectors during 2024. Here’s a chart showing the sectors in column A, column B shows the percentage of investors that thought the sector…
da-kuk Glamor stocks thrived early in 2024. The Information Technology sector and just about anything AI-related soared through mid-February. A rotation then took place under the market’s surface. Value and cyclical industries took charge; Energy and Financials, along with Communication Services, posted the best Q1 sector returns. In all, the Nasdaq 100 underperformed the S&P…
mapo/iStock via Getty Images Thesis I last wrote about the Vanguard Real Estate ETF (NYSEARCA:NYSEARCA:VNQ) back in August 2023 (see the next chart below). In that article, I argued for a buy thesis on the ticker based on its attractive yield spread relative to the risk-free rates (approximated by the 10-year treasury rates). Seeking Alpha…
Spencer Platt/Getty Images News Above: Trading on the NYSE has given the stock a far deeper penetration into the US retail and institutional investor pools. The transition of FLUT from trading in London to the NYSE in January signaled a coming bull scenario which we alluded to on February 7th in our Seeking Alpha post…
jimfeng Investing in Canada’s stock market, as opposed to the U.S. market, offers a unique opportunity for diversification and exposure to robust sectors such as natural resources, energy, and mining, which are cornerstones of the Canadian economy. Canada is home to a substantial number of high-yield dividend stocks, particularly within these industries, which can be…
baona If the Fed is sending a message to the market that it is willing to let inflation run hot and wants to cut interest rates regardless of inflation hitting its 2% target, it seems only natural that commodity prices will rise from current levels. Oil and gasoline appear to be the two commodities that…
Dennis Garrels/iStock Editorial via Getty Images NNN REIT (NYSE:NNN) is a single tenant net lease REIT that develops and acquires retail properties across the United States. Like many net lease REITs, NNN emerged from humble beginnings. NNN was founded in 1984 as Golden Corral Realty Corporation. At that point, the company served as a landlord…
BalkansCat BNP Paribas SA (OTCQX:BNPQF) is currently offering a high dividend yield that is sustainable over the long term, and its valuation is not demanding compared to peers, making it a good income play right now for long-term investors. Business Overview BNP Paribas is a French bank, being one of the largest banking groups in…
thitivong This monthly article series shows a dashboard with aggregate subsector metrics in industrials. It is also a top-down analysis of sector ETFs like Industrial Select Sector SPDR ETF (XLI), whose largest holdings are used to calculate these metrics. Shortcut The next two paragraphs in italic describe the dashboard methodology. They are necessary for new…
DNY59 In this article we take a fresh look at the municipal fund space, with a particular focus on tax-exempt muni CEFs. The sector has gone on a rollercoaster ride with a sharp rise in yields starting in 2022 and what looks like a blow-off top late last year after which yields have fallen and…
Olekcii Mach/iStock via Getty Images This monthly article series shows a dashboard with aggregate industry metrics in materials. It is also a top-down analysis of sector exchange-traded funds, or ETFs, like Materials Select Sector SPDR® Fund ETF (XLB) and Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT), whose largest holdings are used to calculate these metrics. Shortcut…
Bet_Noire Above: The FY saw sharp increases in revenue, AEBITDA across every one of the verticals in the LNW portfolio. The trail from Scientific Games to Light & Wonder We go way back with Light & Wonder, Inc. (NASDAQ:LNW) stock, though we have not covered it since 2022 (Hold rating) because of its lapse into…
cbarnesphotography By Fei Wang Chinese investors tend to exhibit high exposure to domestic equities. Incorporating U.S. equities could help Chinese investors diversify their strategies and alleviate home-country bias. For example, the S&P 500® may be relevant for exposure and sensitivity to the U.S. economy. Additionally, market participants seeking to offset domestic equity biases or express…
FatCamera/E+ via Getty Images Introduction RCM Technologies (RCMT) is going to announce FY23 results on March 13th post-market (according to SA), so I wanted to check back in with the company and see how it has progressed throughout the year, and what to expect in Q4. The company’s financials have been relatively strong, with slight…
Suriyapong Thongsawang/Moment via Getty Images Fund Overview BlackRock Resources & Commodities Strategy Trust (NYSE:BCX) is an equity closed-end fund. The fund invests in stocks with companies operating in the commodity space, with the distribution below based on the latest report provided by BlackRock (as reported as of September 30, 2023). These distributions will be updated…
Bloomberg/Bloomberg via Getty Images US investors have to dig and claw to find quality high-yield names. Goldman Sachs reports that the current dividend yield on the S&P 500 is a scant 1.45% as of late February 2024. It could be a sign that the market is getting pricey, though the beaten-down Energy sector trades at…
yusnizam As active managers, our sector analysts are constantly working behind the scenes evaluating companies, building shopping lists, and finding opportunities. So, what do they think could go right in their sector this year? They answered. Sector: Life Sciences/Healthcare Within healthcare, an area that has been negatively impacted the last couple of years is the…
michal-rojek/iStock via Getty Images Investment Thesis Health Care Select Sector SPDR Fund ETF (NYSEARCA:XLV) warrants a buy rating due to its strong mix of holdings and track record of long-term performance. Additionally, the fund has the lowest expense ratio and highest dividend yield compared to three leading peer health care funds. Finally, the health care…
Richard Darko/iStock via Getty Images Co-produced by Austin Rogers. In the post-pandemic years of 2021 through 2023, commercial real estate (with the exception of the office sector) enjoyed an almost uniformly strong environment characterized by rising occupancy and strong rent growth. At the tip of the pyramid in terms of strength is industrial real estate….
SRT101/iStock via Getty Images At the beginning of 1Q24, the Energy, Consumer Non-cyclicals, and Financials sectors each earn an Attractive-or-better rating. Our sector ratings are based on a normalized aggregation of our ratings for each stock in a given sector. Our stock ratings are based on five criteria that assess a company’s business fundamentals and…
Pituk Loonhong/iStock via Getty Images Please note all $ figures in $CAD, not $USD, unless otherwise stated. Introduction I recently covered Hydro One (H:CA) and suggested that the company was likely the worst regulated utility in Canada having higher leverage, a poor dividend yield, and an expensive valuation. Today, I’ll be covering another utility, ATCO…
SasinT Gallery/Moment via Getty Images Trulieve Cannabis Corp. (OTCQX:TCNNF) [CSE:TRUL] presents a fantastic opportunity for investors interested in the U.S. cannabis sector. Its high-quality and consistent leadership, sound business strategy, and a genius tax plan can yield great results for years to come. This position aligns with Seeking Alpha’s Quant Rating of “Buy”. Introduction Trulieve…
Darren415 Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well as…
Erhan ZENGIN/iStock via Getty Images Small-cap averages like the Russell 2000 have had a hard time showing any compelling momentum, but not all small-cap sectors have had no momentum. It turns out, small-cap Industrials have actually done okay, and that can continue. That’s where the Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) comes into play. stockcharts.com…
da-kuk Can the leading software stocks survive a tech wreck in 2024? That’s the question I asked myself in reviewing iShares Expanded Tech-Software Sector ETF (BATS:IGV), which is one ETF on a slimmed-down watchlist of 100 ETFs I now focus most of my work on. In recently cutting my watchlist in half, one of the…
Michael M. Santiago Overview Mobileye (NASDAQ:MBLY), a leader in the Advanced Driver Assistance Systems (ADAS) industry, recently announced lower guidance for 1Q2024, sparking discussions within the industry. ADAS, a complex sector, sees competition from various players, including Tier 1 manufacturers, semiconductor companies, pure EV car manufacturers, and software companies. This analysis focuses on the car…
JHVEPhoto Pfizer Inc. (NYSE:PFE) stock has continued to reel from the exhaustion of COVID dollars. Specifically, the 2023 downturn has been primarily dragged by a faster-than-expected normalization of Comirnaty vaccine and Paxlovid COVID treatment uptakes. In addition to the $5.6 billion write-off on Paxlovid/Comirnaty inventory in Q3, management has also provided a weaker-than-expected guidance for…
John Kevin/iStock via Getty Images In this 2023 year-end sector review, part 2, we look at what kind of year it was for healthcare, industrial, technology, materials, REITs, and utility sectors. How is 2024 shaping up for them? Missed part 1 of our 2023 year-end sector review? No worries, read it here. Healthcare If you…
PonyWang My followers know I have been bullish on the semiconductor sector for years. That is due to multiple powerful catalysts. Among them are growth across a variety of technology sub-sectors: high-speed networking, data centers, 5G handsets and infrastructure, EVs, clean-tech, and the on-shoring of supply-chains – just to name a few. The VanEck Semiconductor…
MediaProduction Investment thesis Okay, admitted: This one’s a troubled child. At one point in 2015, the common stock of Assertio Holdings, Inc. (NASDAQ:ASRT) traded at ~$130. Less than a year later it had lost more than half of that value, and with the exception of a spike in late 2016, Assertio’s share price has known…
Bim Investment Rundown In 2024 I think one of the best parts in the market to look at is small caps. A theme tends to be that sectors or parts of the market that were losers in one year are somewhat likely to be winners the next. One such company I am looking at right…
fotokostic Investment Thesis Bunge Global SA(NYSE:BG) is an agribusiness company is operates in an industry plagued with price fluctuations and demand fluctuations due to the seasonality nature of the agricultural sector. Despite these characteristic challenges, the stock is up about 80% over the last five years. I believe this is because of its strong track…
dednuel images Thesis Remitly Global Inc (NASDAQ:RELY) is a digital-first fintech company that provides international money transfer services to over 170 countries. The company’s transparent fee structure, speedy transfers, and digital-first approach have enabled it to take market share from long-established industry players. Since 2019, Remitly has grown its revenues more than four-fold and has…
Ruslan Lytvyn/iStock via Getty Images At this time of year, I like to focus on stocks that could be due for big gains into the New Year, especially as tax-loss selling fades. In particular, it can pay off big to find beaten-down tech stocks. In past years, I wrote an article about Advanced Micro Devices…
jonya Focus of Article: The focus of this two-part article is to provide a very detailed analysis comparing Rithm Capital Corp. (NYSE:RITM) to 19 other mortgage real estate investment trust (mREIT) peers I currently fully cover. I am writing this two-part article due to the continued requests that such an analysis be specifically performed on…
In 2024, the Web3 industry is expected to become more robust, with increased Bitcoin involvement, mergers, acquisitions, and RWA tokens. Blockchain investment and advisory firm The Spartan Group has highlighted a few exciting things in the Web3 space that are expected in 2024. In a recent Medium publication, the company revealed predictions made by several stakeholders…
Nastassia Samal Investors in search of stability and growth frequently turn to exchange-traded funds (ETFs) as a tactical method to diversify their portfolios. In addition, ETFs can be a great way to hedge as well as gain exposure to a hyper-competitive or volatile industry. One such ETF that has garnered praise since its inception is…
ktsimage Summary Seeking Alpha Quant rates NYSEARCA:LABU as a strong Sell. I rate it as a Buy because the underlying index is bullish. The recent decline in interest rates have led to better access to investing capital for small companies, including the small cap biotech. We believe that the current economic and market conditions are…
EschCollection Commercial real estate as an asset class has in general registered subpar results since early 2022, when the Fed changed its accommodative stance to a clearly restrictive position. YCharts Yet, as we know, the commercial real estate sector itself is not homogenous. It consists of many subsectors, which to a large extent carry distinct…
Analysts at Fortune found that the flourishing landscape of blockchain gaming is not without its hurdles. As such, they have pinpointed several important factors hindering the sector’s growth. With the current global cryptocurrency market valued at around $1.54 trillion, the blockchain gaming sector is set to make waves over the next six years. According to…