EvgeniyShkolenko/iStock via Getty Images MarketAxess Holdings Inc. (NASDAQ:MKTX) reported its Q4 earnings which beat estimates although it wasn’t enough to stem a sharp selloff in shares that are down more than 25% YTD and currently near a five-year low. We last covered the stock back in early 2022 citing what was then expected to be…
Marcus Lindstrom/iStock via Getty Images U.S. residential real estate as an asset class has had a mixed performance over the last two years. On the one hand, home prices on aggregate have held up really well despite some analysts warning that aggressive monetary tightening by the Federal Reserve (Fed) would crash home prices. Home price…
B4LLS Cardinal Health (NYSE:CAH), a global healthcare services and products company, operates with a diversified business model that covers pharmaceutical distribution and medical products. With operations in over 40 countries, it sources, purchases, warehouses, and distributes pharmaceutical products to pharmacies, hospitals, clinics, and other healthcare facilities. Additionally, it manufactures and distributes medical and laboratory products…
Aside from the Chiliz Chain which attracted many people to the SportFi sector, the company said its Chiliz Labs Incubator and Accelerator Program also contributed to the sector’s growth this year. Chiliz, a crypto firm that provides infrastructure solutions for sports and entertainment companies, experienced a monumental year for SportFi and Fan Tokens, propelling the…
Kinwun CD Projekt (OTCPK:OTGLY) has regained the favor of the gaming community with the critically acclaimed Cyberpunk 2077: Phantom Liberty expansion. While the expansion’s attachment rates were a bit lower than expected given how well the expansion was received, CD Projekt has rebuilt a strong foundation for the future. Not only did CD Projekt rebuild…
Mario Tama Citigroup (NYSE:C) looks very cheap, trading at around 0.6x P/TBV. However, the U.S. banking giant has traded at these distressed multiples for over a decade now, and investors are likely doubting that low valuation alone is a catalyst for upside. But it is not only the low valuation that is speaking for Citigroup:…
jetcityimage On September 22nd, we flagged a trade in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). We set an exit price of $74+ for that trade from the mid $60s. That was a nice near 20% return overall, yet shares are taking a haircut today following the just-reported fiscal Q1 earnings. The restaurant…
DNY59 Defying the skeptics all year long, consumers continued to power the ongoing expansion, as economic growth in the third quarter soared at an annualized 4.9%. Yet that did not drive interest rates higher, as the consensus might have anticipated because inflation data in the report was better than expected. As a result, bond yields…
Phiromya Intawongpan One: The window of weakness is closing In my previous Chart Book, I discussed how we were entering a window of weakness following the mid-September quarterly options expiration. The last two or so weeks in September and the first week of October generally represent a window whereby the structurally positive flows of Vanna…
alexsl/iStock via Getty Images In the face of continued hawkish Fed policy, the S&P500 (SPX) is still delivering double-digit returns over the past year. Despite the index’s popular investable benchmark SPDR S&P500 ETF (SPY) hitting a rough patch recently, the total return has exceeded 14%. Data by YCharts Analysts are also continuing to increase EPS…