lerbank/iStock via Getty Images Investment Thesis Alphabet Inc. aka Google (NASDAQ:GOOG, GOOGL) just wrapped up its annual I/O 2024 developer conference, announcing key features and technological updates. The full presentation can be watched here, whereas the company also has a brief summary of its presentation in under 10 minutes. Expectations were high for Google to…
Alvaro Victor/iStock via Getty Images Note: I have covered SEACOR Marine Holdings Inc. or “SEACOR Marine”(NYSE:SMHI) previously, so investors should view this as an update to my earlier articles on the company. Two weeks ago, leading offshore support vessel provider SEACOR Marine Holdings reported disappointing first quarter results, with revenues and profitability falling well short…
Just_Super Super Micro Computer (NASDAQ:SMCI) remains in a high-growth capacity as the firm continues to build out scale to cater to heightened demand for AI-enabling infrastructure. The data center space grew by 26% in CY23 and is anticipated to maintain its growth as regional data centers are constructed to cater to companies’ and sovereign governments’…
David McNew Above: Will Shari open the legacy gates to PARA at the present deal bids? There are three sides to every story: my side, your side and the truth, And no one is lying… – Robert Evans movie mogul (1930-2019) The above mote of wisdom emanated from one of the most successful survivors of…
Spencer Platt Investment Thesis CAVA Group (NYSE:CAVA) continues to see its stock soaring higher and higher every day. But beyond its share price, I don’t believe its fundamentals are growing quite as strongly as its share price leads one to believe. According to my estimates, CAVA Group’s 2024 revenue will decelerate from 60% y/y CAGR…
Jean-Luc Ichard/iStock Editorial via Getty Images Capgemini (OTCPK:CAPMF)(OTCPK:CGEMY) is a tech consulting company whose feature is a pretty big European, specifically French focus, and not so much a US-focused company. Things have decelerated, as we assumed in our last coverage. The company was prepared for that and responded aptly in its operational policies, and now…
Maskot/Maskot via Getty Images Thesis It’s now been just over 10 years since Murphy USA Inc. (NYSE:MUSA) was spun off and became publicly traded. While its revenues and earnings have not been exciting, the share price has been for medium and long-term investors. Earnings for 2024 are expected to rise by mid-single digits, but share…
Maksym Belchenko/iStock via Getty Images The operator of the Tim Hortons chain in China is falling behind its aggressive expansion plans amid disagreement with the brand’s owner about new investment Donut anyone? You won’t find many of those – if any – at Tim Hortons restaurants in China these days, after the chain’s local operator…
sruilk/iStock via Getty Images Investment Overview Arcutis (NASDAQ:ARQT) IPO’d back in January 2020, raising ~$160m via the issuance of 9.375m shares priced at $17 per share. At the time, the company described itself as follows: a late-stage biopharmaceutical company focused on developing and commercializing treatments for unmet needs in immune-mediated dermatological diseases and conditions, or…
pixdeluxe NextEra Energy (NYSE:NEE) (NEP) reported a strong end to FY23 with both strength at the top line and durable EBITDA margin expansion, with total backlog growing to 20GW. The firm anticipates exceptional growth throughout the next 3 years and anticipates to grow the NEP distribution by 6% annually through 2027 and the NEE dividend…
Mario Tama/Getty Images News Boeing (NYSE:BA) stock looks to be in a difficult situation still post-pandemic, but future outlooks are generally positive, with strong EPS growth on the horizon. Nonetheless, recent safety concerns regarding its airplanes create market share risks and a potential effect on short-term revenue. Safety Concerns Boeing has been facing significant challenges…
Michael M. Santiago/Getty Images News Investment Thesis At the end of February, Etsy (NASDAQ:ETSY) is going to report its FY23 results. I wanted to take a look at the company´s financials to see if it’s a good time to start a small position. With uncertain revenue growth and not enough information to be certain that…
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…
Juan Jose Napuri It was a mixed Q3 Earnings Season for the precious metals sector, with a weaker performance out of most royalty/streaming names (slower ramp-ups, strike at Penasquito), and below-planned production for some of the larger producers. Unfortunately, Hecla’s (NYSE:HL) performance wasn’t much better, with silver production down slightly year-over-year despite purchasing a new…
stockcam Back in March, I said that while Snap (NYSE:SNAP) was facing a number of issues that it had a valuable platform and expectations were low for the company. Since then, the stock is down -14% versus a 7% increase for the S&P 500. Let’s catch up on the name. Company Profile As a quick…
vm Otis (NYSE:OTIS) emerged as a prominent elevator and escalator manufacturer following its spinoff from United Technologies in 2020. The company’s primary revenue stream comes from its service sector, which accounts for over half of its group revenue. This service division boasts significantly higher margins and exhibits stable organic growth. Otis aims for a modest…
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…
Funtay Oil and gas producer, Kosmos Energy (NYSE:KOS) reported Q2 2023 revenue of $273.32 million, indicating a drop of 55.98% (YoY). It missed Wall Street forecasts by $27.21 million, while its EPS of $0.06 missed estimates by $0.03. Despite the revenue decline, the stock is up 20.10% (YoY) and is trading 17.54% below the 52-week…
mesh cube A Quick Take On Consensus Cloud Solutions Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) provides an array of information delivery technologies to organizations worldwide. I previously wrote about CCSI with a Hold outlook. Gross margins are under pressure, and SG&A expenses are growing, while large clients have been slow to decide on purchases. I’m not…
Despite the slow uptake, the transparency report suggests that PYUSD is effectively backed up by reverse repurchase agreements. Payment giant Paypal has shared its first PayPal USD (PYUSD) transparency report with the public. The report comes 39 days after it announced the launch of the stablecoin. PayPal unveiled its PYUSD stablecoin on August 7. The…
Kativ Overview The Bank of Japan Governor Ueda hinted the world’s third-largest economy may exit negative interest rates before the end of the year. This sparked the strongest gain in the yen in a couple of months and lifted the 10-year yield to nearly 0.70%. In an uncoordinated fashion, Chinese officials stepped up their rhetoric…
B4LLS A Quick Take On American Software American Software (NASDAQ:AMSWA) reported its FQ1 2024 financial results on August 24, 2023, missing revenue but beating consensus earnings estimates. The firm sells supply chain software and related consulting services to businesses globally. I previously wrote about American Software with a Hold outlook on expectations for no revenue…
lechatnoir By Maurice van Sante, Senior Economist Construction & Team Lead Sectors High interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe. So far, ongoing projects and a heightened focus on sustainability have prevented construction volumes from shrinking, but we’re expecting to see a steep decline begin to…
Sundry Photography Investors in leading communications equipment market leader Arista Networks, Inc. (NYSE:ANET) have benefited tremendously since bottoming out in May 2022. Over the past three years, ANET has also been an incredibly consistent outperformer against the S&P 500 (SPX) (SPY). ANET/SPY price chart (weekly) (TradingView) As seen above, ANET/SPY has a clear medium-term uptrend,…
John Phillips The Company Twilio Inc. (NYSE:TWLO) is an $11-billion market cap firm that offers software and communication solutions, running a cloud communications platform allowing developers to create, expand, and manage customer engagement in their applications. This platform includes tools like APIs for integrating voice, messaging, and email interactions into customer-facing apps. As of June…
cemagraphics Last week’s article called for a drop in the S&P500 (SPY) to test 4448-58. Considering this week’s low was 4444, it wasn’t a bad call. However, I won’t pretend I ‘nailed’ the market. The sequence of failed rallies and new lows was a challenge to trade and I expected a larger recovery into the…