Thomas Barwick Investment action Based on my current outlook and analysis of Darden Restaurants (NYSE:DRI), I recommend a hold rating. My review of DRI suggests a poor FY25 SSS performance ahead, given the inflationary environment that impacts consumer traffic and its cost base. Relative to Texas Roadhouse (TXRH), DRI performance is also relatively poorer, which…
Monty Rakusen United States Steel Corporation (NYSE:X) is in the news again after President Joe Biden stated the firm would remain “American owned,” promising that a foreign sale will not be allowed for as long as he’s in power. We covered U.S. Steel a few months ago, before the Nippon (OTCPK:NPSCY) merger agreement. Our analysis…
champc Written by Nick Ackerman, co-produced by Stanford Chemist. BlackRock Enhanced Equity Dividend Fund (NYSE:BDJ) hasn’t moved too much since our last update near the end of December. The fund has provided some positive returns, but the discount has remained basically static during this time. That means it’s still trading near historically wide levels, and…
champc Written by Nick Ackerman, co-produced by Stanford Chemist. BlackRock Enhanced Equity Dividend Fund (NYSE:BDJ) hasn’t moved too much since our last update near the end of December. The fund has provided some positive returns, but the discount has remained basically static during this time. That means it’s still trading near historically wide levels, and…
courtneyk Introduction On October 17, I wrote an article titled “Pros Vs. Cons – Why I’m passing On Charter Communications.” Here’s a part of the takeaway I used back then: […] challenges lie in the face of higher interest expenses and debt maturities post-2023, affecting its valuation and risk profile. While analysts foresee modest growth,…
andresr Elevator Pitch My rating for Tile Shop Holdings, Inc. (NASDAQ:TTSH) stock is a Buy. Earlier, I touched on positive corporate developments for TTSH in my previous update written on September 21, 2023. This latest write-up reviews Tile Shop’s most recent quarterly financial results. TTSH’s Q4 2023 EBITDA surpassed expectations, and I think that the…
Slaven Vlasic About the Company The Cigna Group (NYSE:CI) is comprised of two segments, Cigna Healthcare and Evernorth Health Services (previously Express Scripts). Cigna and Express Scripts merged a few years ago and created a vertically integrated company where Cigna Healthcare is focused on health insurance for individuals, employers, and parts of the government, while…
The Good Brigade/DigitalVision via Getty Images Summary Following my coverage of Mohawk Industries (NYSE:MHK), in which I reiterated my hold rating as I became more pessimistic about the potential of a macro recovery in FY24, this post is to provide an update on my thoughts on the business and stock. While my model shows an…
2d illustrations and photos Transcript We like emerging markets as upbeat risk appetite carries on. We see broader support for emerging market assets as markets price in a rosy macro outlook and fears of recession have faded. But selectivity is key. 1) Broader support for EM As markets have priced in rate cuts, 10-year Treasury…
georgeclerk Written by Nick Ackerman. BlackRock, Inc. (NYSE:BLK) posted its latest quarterly results along with its full-year results as well. The company was able to exceed the bottom line estimates but came in line with the top line expectations. The company has a history of beating results, with 15 of the last 16 quarterly reports…
sl-f/iStock via Getty Images Founded in 2011, Arlo Technologies (NYSE:ARLO) rode the wave of smart home security to a high-profile IPO in 2018, but competition and slower market adoption chipped away at its initial hype. While ARLO boasts integrations with smart home systems and a loyal user base, the stock‘s performance has been lackluster, reflecting…
Lan Zhang Overview My recommendation for American Woodmark (NASDAQ:AMWD) is a hold rating as I await more visibility into the timing of turnaround for the AWMD repair and remodel (R&R) segment. While the current macro-dynamics favors new residential construction, the lack of resale housing has impaired R&R near-term growth. Management comments that provide little visibility…
Douglas Rissing Yields have risen meaningfully since I last covered the iShares U.S. Treasury Bond ETF (BATS:GOVT), and the ETF has dipped as a result (yields move inversely to price). The Treasury backdrop has changed in recent weeks, though, as a relatively benign quarterly refunding announcement and decelerating inflation data have relieved pressure across the…
ipuwadol/iStock via Getty Images The Company UiPath Inc. (NYSE:PATH), founded in 2005 and headquartered in New York, is a leading $10-billion market cap provider of robotic process automation (RPA) solutions. The company’s end-to-end automation platform combines artificial intelligence, visualization tools, and low-code development environments to streamline and manage business processes. UiPath serves diverse sectors, including…
South_agency/E+ via Getty Images I understand that life can get busy. And when it does, your finances might not be top of mind. But part of being a diligent investor is keeping a close eye on your investments. This doesn’t mean that we need to look at our portfolio’s performance every single day. But it…
Pakin Jarerndee/iStock via Getty Images Elevator Pitch Nerdy, Inc. (NYSE:NRDY) shares are still worthy of a Buy investment rating. My earlier August 22, 2023, write-up was focused on the analysis of NRDY’s above-expectations quarterly results, the changes in consensus financial forecasts, and key valuation metrics. In this latest article, I write about Nerdy’s long term…
400tmax The main bear case for Alphabet (NASDAQ:GOOGL) is the prospect of share losses in its Search business to Microsoft’s Bing and OpenAI’s Chat GPT and even if its attempts at creating a rival chatbot prove effective it will be more cannibalistic than incremental. The bears are missing the investments in AI underpinning Project Magi…
Lintao Zhang/Getty Images News This week’s meeting of the Politburo, the Chinese ruling party’s top decision-making body, has come and gone with no major policy stimulus announcement. Yet, the meeting takeaways were well-received by the market, likely on hopes of support for the much-troubled property sector, as well as a renewed commitment to private sector…