olaser/E+ via Getty Images Investment Thesis Skyworks Solutions, Inc. (NASDAQ:SWKS), a wireless semi-provider of “RF and complete semi-system solutions for mobile communication applications,” announced earnings for its second quarter of FY2024 earlier this week. I wasn’t too optimistic ahead of earnings, and am still not after guidance. I initiate Skyworks with a Hold; I think…
Clear Secure (NYSE:YOU) is a US-based biometric identity verification company focusing on streamlining airport security. The company’s core offering is CLEAR Plus, a subscription service offering expedited airport security. Beyond airports, CLEAR Verified empowers businesses with identity verification, virtual queuing, and credential validation tools, while their free consumer app offers additional conveniences like health documentation…
Alexey_Arz The S&P 500 (SP500) and its replica fund, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) touched a new 2023 high recently and have now seen a 21% rise year-to-date [YTD]. This is significantly higher than the 11.6% average annual returns seen over the past decade. With the year ending, the big question now is…
herkisi Overview The dollar is beginning the week on a soft note, despite the modest backing up of yields over the last couple of sessions and better-than-expected data, including Black Friday sales and the preliminary November PMI. It is sporting minor losses against all the G10 currencies but the Canadian dollar, which is the weakest…
FrankvandenBergh The recent dollar gyrations seem tightly linked to US rates. The FOMC meeting and October jobs report saw the two-year Treasury yield drop 17 bp and the dollar was taken broadly lower. Indeed, against several currency pairs, it approached three standard deviations below its 20-day moving average. What seemed like a mild adjustment to…
DarioGaona Just over six months ago, I wrote on Endeavour Silver (NYSE:EXK), noting that while it was one of the few names to beat its FY2022 guidance and Terronera being green-lighted was a positive catalyst, there was limited upside in the stock from a share price of US$3.50. This is because it was trading near…
AleMasche72/iStock Editorial via Getty Images This is a challenging time for luxury stocks and Prada S.p.A. (OTCPK:PRDSF) is no exception. Since the last time I wrote about it in April, its ADR (OTCPK:PRDSY) has seen a 23% drop. This is similar to its peers’ performance, except Hermès (OTCPK:HESAY), which has seen a smaller decline. Price…
LoraClark Harbor Long-Term Growers ETF (NYSE:WINN), an actively managed growth-centered fund, may experience more softness going forward as the higher-for-longer narrative is clearly entrenching in the market. The most recent Fed interest rate decision announced on September 20 was momentous. At first glance, nothing meaningful happened as the regulator simply opted for a pause once…
piranka/E+ via Getty Images Small-cap Richardson Electronics, Ltd. (NASDAQ:RELL) caught my attention earlier this year as a company with long-term growth potential due to its Green Energy Solutions Business, which could double revenue in the next five years to $500 million. The company has created many highly specialised engineering solutions; however, these solutions have remained…
sefa ozel Investment Rundown As of the most recent report from Element Solutions Inc (NYSE:ESI), these revenues and earnings have been declining every year which seems to be coming from a softer pricing environment as the semiconductor industry is entering into a slower phase. The company is focused primarily on developing and distributing specialty chemicals…
Igor Kutyaev Overview The new week, which features the BRICS meeting and the Jackson Hole symposium, is off to a quiet start. The failure of Chinese banks to pass through last week’s 15 bp cut fully into the lending prime rates was a major disappointment, and the logic is not yet clear. The yuan and…