BING-JHEN HONG NVIDIA (NVDA) plunged 10% last Friday for its worst session since March 2020. The move came on no major news but concerning earnings reports and outlooks from overseas semiconductor companies such as Taiwan Semiconductor (TSM) and ASML Holding (ASML) tempered the once-hot industry. Chip stocks command about a 10% weight in the S&P…
kool99/E+ via Getty Images Elevator Pitch Nidec Corporation (OTCPK:NJDCY) [6594:JP] is awarded a Buy rating. I wrote about NJDCY’s inorganic growth strategy in my November 26, 2023 initiation article. The focus of the current update is Nidec Corporation’s new CEO and its potential M&A deal. My opinion is that Nidec Corporation has made the right…
Richard Drury Article Thesis The electric vehicle industry appeals to many investors, but one company – Tesla (TSLA) – is getting most of the attention, partially due to ambitious goals when it comes to developing autonomous driving vehicles and robotaxis. But there are many other EV companies that could be of interest to investors as…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. The release of the U.S. inflation report for March…
jetcityimage/iStock Editorial via Getty Images Elevator Pitch Mazda Motor Corporation (OTCPK:MZDAY) [7261:JP] shares are assigned a Buy investment rating. In my January 2, 2024, initiation article, I wrote about MZDAY’s sales outlook for the China market and the company’s electrification transition. My decision is to revise my rating for Mazda Motor from a Hold previously…
Get ahead of the market by subscribing to Seeking Alpha’s Wall Street Week Ahead, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. The spotlight in the week ahead will burn…
shisheng ling/E+ via Getty Images Elevator Pitch I rate Full Truck Alliance Co. Ltd. (NYSE:YMM) stock as a Hold. Previously, I wrote about YMM’s near term financial prospects and its long term financial targets in my June 20, 2023 initiation article. My attention turns to Full Truck Alliance’s latest quarterly results in the current update….
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
ryasick Dividends are probably being overlooked by many investors today. Consider that low-yielding Communication Services sector companies are leading the global stock market this year, with gains also seen in the high-growth Semiconductor industry. The Fab 5, Super 6, or whatever you want to call them, it’s clear that a handful of tech-related firms are…
tadamichi By Catherine Yoshimoto, Director, Product Management After a sharp downturn in 2022, large cap equities bounced back to deliver strong performance in 2023. The Russell 1000 Index posted a 26.5% return for the year, largely buoyed by the Magnificent Seven. However, several other constituents were contributors to strong 2023 index performance—and these companies wouldn’t…
PhonlamaiPhoto Listen below or on the go on Apple Podcasts and Spotify The goal is for a nationwide network of 500,000 chargers by 2030. (0:15) Jobless claims fall to 16-month low. (3:03) LL flooring tumbles as founder withdraws takeover offer. (5:15) This is an abridged transcript of the podcast. Our top story so far Electric…
yujie chen/iStock Editorial via Getty Images Elevator Pitch My investment rating for L’Occitane International S.A. (OTCPK:LCCTF) [973:HK] is a Buy. The company describes itself as a “leading manufacturer and retailer of premium products with a focus on wellness and natural beauty” on its website. My earlier September 1, 2020 article was focused on L’Occitane’s Q1…
Legal experts, including Ripple lawyer John E. Deaton, share Armstrong’s optimism, speculating that Coinbase will be a significant beneficiary of Binance’s regulatory challenges. Recent developments have thrust Coinbase Global Inc (NASDAQ: COIN) into the spotlight, positioning it as the frontrunner following regulatory challenges faced by its main rival, Binance. The collapse of FTX had already…
cloki/iStock via Getty Images Elevator Pitch I rate Aptiv PLC (NYSE:APTV) stock as a Buy. My earlier January 31, 2023 update was focused on the preview of Aptiv’s financial results for the final quarter of last year, and the evaluation of APTV’s inorganic growth prospects. I highlighted the impact of the 2023 United Auto Workers…
FG Trade Latin/E+ via Getty Images Elevator Pitch My investment rating for Olo’s (NYSE:OLO) stock is a Hold. I have a positive view of OLO’s Q3 2023 financial performance and the company’s decision to raise its full-year guidance. But Wingstop’s (WING) recent insourcing move indicates that there are downside risks to OLO’s future revenue and…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
Dr_Microbe/iStock via Getty Images Analysis is the art of creation through destruction.”― P.S. Baber It has been a bit over a year since we had Arbutus Biopharma Corporation (NASDAQ:ABUS) in the spotlight here at The Biotech Forum. We concluded that article by saying the stock merited a small, covered call holding as liquidity was good…
Ralf Hahn/iStock via Getty Images By Ewa Manthey, Commodities Strategist As the metals markets enter the last quarter of another turbulent year, the industry prepares to gather in London for a week of meetings and contract negotiations against a backdrop of a flagging Chinese economic recovery, slowing global growth and high interest rate environment. The…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
da-kuk Elevator Pitch My rating for Kingsoft Cloud Holdings Limited (NASDAQ:KC) [3896:HK] stock stays as a Hold. In my prior February 27, 2023 article for KC, I touched on the factors contributing to Kingsoft Cloud’s disappointing share price performance following its public listing on Nasdaq since May 2020. Kingsoft Cloud’s last done stock price of…