JHVEPhoto Rio Tinto Group (NYSE:RIO), a company with a rich history dating back to 1873, has been a trusted name in the mining industry for over a century and a half. The company’s profile states: RIO Company Profile (Seeking Alpha) RIO, a global player in metals and minerals mining, processing, and distribution, offers an attractive…
Although the S&P 500 gave up a portion of the steady gains earned over the past three months, it is still up YTD. Has the minor sell-off created any buying opportunities? Below is a list of April Buy recommendations made by analysts who had no other bullish recommendations over the past 3 months. For your…
Vesnaandjic/E+ via Getty Images Argenx Performance and Prospects Amid Market Challenges Argenx’s (NASDAQ:ARGX) stock is down 22% since my last evaluation in October. Back then, I noted growing revenue opportunities for the company’s lead asset, Vyvgart. argenx, a biotechnology developer based in Amsterdam, is a leader in the anti-FcRn market, which is expected to grow…
dem10 Overview Accenture (NYSE:ACN) is a leading global professional IT services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth, and enhance citizen services — creating tangible value at speed and scale. They are an innovative company consisting of over 721,000 talented people…
Wirestock/iStock via Getty Images Grupo Financiero Banorte (GBOOY) is the only Mexican bank that has an ADR, even though it still trades in the OTC market. Over the past three years, it has outperformed both the S&P 500 and the Mexican stock market by 44.28% and 21.22%, respectively. Banorte is the only Mexican bank that…
wellesenterprises Thesis In my previous article about Nvidia Corporation (NASDAQ:NVDA), I rated the stock as a buy, explaining that the potential downside was very low. Therefore, this was a perfect opportunity to enter and wait for the company to surprise in their Q4 2024 earnings. Needless to say, the company indeed surprised us, and the…
Alvin Man In September 2023, I covered Air Canada with a buy rating, but the stock has not performed as expected, trading flat whereas the S&P 500 returned 18%. I believe it shows how challenging airline investments are and also reflects the challenges that airlines are currently facing on costs that are continuing to rise…
Emil Sandberg/iStock Editorial via Getty Images In October 2023, I issued a buy rating for Norwegian Air shuttle ASA and the stock has climbed around 70 percent ever since compared to broader market returns of 20%. However, since my last report published in February this year, the stock price has modestly declined on a positive…
gremlin All values are in CAD unless noted otherwise. Dream Industrial Real Estate Investment Trust (TSX:DIR.UN:CA) (OTC:DREUF) holds a portfolio of 327 industrial properties located in Canada, Europe and the US. These properties span around 71.4 million square feet and comprise distribution, urban logistics buildings and light industrial structures. 2023 Annual Report While the REIT…
gerenme People see and hear what they want. While Powell spoke softly at Wednesday’s press conference, the message was that rate cuts will take longer to come by in 2024, and longer will mean fewer rate cuts. Powell has never been one to speak with harsh words. On top of that, market mechanics give this…
Thapana Onphalai/iStock via Getty Images The following segment was excerpted from this fund letter. Intapp, Inc. (NASDAQ:INTA) We also initiated a position in Intapp, Inc. Founded in 2000, Intapp provides cloud-based software for regulated professional services industries such as legal, accounting, consulting, private capital markets, and investment banking. Intapp’s software helps manage and automate many…
RomoloTavani Back on October 12, 2023, I called Realty Income (NYSE:O) a strong buy because it had dipped significantly, offering a dividend yield of over 6%, an expected roughly 3% per share CAGR moving forward, and was trading at a 14% discount to its NAV despite historically trading at a premium to NAV. This presented…
A closeup view of a kitchen sink with water running down the drain. deepblue4you In investing, it’s important to enjoy the journey and to remember the “why” behind it. This is because the phase when investors focus on building wealth (e.g., accumulation) can take a handful of years, even decades to move past. My reason…
hyejin kang/iStock via Getty Images This is my initial Blueprint Medicines (NASDAQ:BPMC) article. Blueprint is a commercial stage biotech which is pegging potential blockbuster revenues for AYVAKIT/AYVAKYT (avapritinib), its one FDA approved product. With its hefty market cap anticipating its exceptional performance. I rate it a “hold”. For more risk tolerant investors, there is still…
Weerapong Khodsom /iStock via Getty Images 1. Investment thesis LyondellBasell (NYSE:LYB) is a Dutch chemical company with operations in the Netherlands, the USA, Japan, Germany and many other important countries. The stock returned 16.9% p.a. (13.4% p.a. without dividends) by buying back 243 million shares (42.7%) and returning a lot of cash through dividends of…
Editor’s note: Seeking Alpha is proud to welcome Rex Investing as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Cindy Ord With this…
Sjo April was a busy month for Volkswagen Group (OTCPK:VWAGY) (OTCPK:VLKAF) (OTCPK:VWAPY). On April 24, the company presented a Capital Markets Day in China, and a week later, the Group reported its Q1 numbers. Before commenting on the latest news, since our last update, It Gets Worse Before It Gets Better, we anticipated a challenging…
4kodiak/E+ via Getty Images I’ve been buying more Trinity Capital (NASDAQ:TRIN) since the internally managed venture debt BDC last declared a quarterly cash dividend of $0.51 per share, this was a 2% increase from its prior quarter and $2.04 annualized for a 13.8% dividend yield. This hike came as the Fed gears to keep base…
Sundry Photography/iStock Editorial via Getty Images Elevator Pitch I have a Buy investment rating for Aptiv PLC (NYSE:APTV) shares. My prior article written on November 18, 2023 drew attention to the United Auto Workers strike’s effects and the company’s profitability outlook. This current update reviews Aptiv’s most recent quarterly financial performance and its shareholder capital…
pawopa3336/iStock via Getty Images Mammoth Energy Services (NASDAQ:TUSK) is dealing with challenging near-term business conditions. Mammoth’s Q1 2024 results involved negative $6 million in adjusted EBITDA (after excluding interest from its Puerto Rico Electric Power Authority [PREPA] accounts receivable). Although I was expecting 2024 to be relatively weak for Mammoth (with adjusted EBITDA around $5…
Luis Alvarez I am updating my previous analysis on Cardinal Health (NYSE:CAH) in light of Q3 2024 earnings, which were released pre-market on Thursday, May 2nd. I had previously rated Cardinal Health a buy for the following reasons: The business was successfully growing on multiple fronts with plenty of room to go Cost mitigation was…
Luis Alvarez Short-term headwinds for stocks I have written a few times recently on the short-term headwinds arising for the stock market following two consecutive quarters of positive price action and what has been a terrific six months for risk assets. Pullbacks and even 10-15% corrections are a normal part of bull markets, and when…
Robert Way Intro & Thesis If you read my articles regularly, you probably know that I’m very skeptical about buying shares in Chinese companies in the long term – I’m particularly put off by the well-known VIE structure and the authoritarianism of the CCP that’s limiting China’s growth prospects, in my view. It was the…
South_agency Founded in 2002, Tenable (NASDAQ:TENB) is a cybersecurity company with a market-leading VM (Vulnerability Management) solution. As per IDC’s 2022 report, TENB has also been holding first position in terms of global market share in VM space. It has over 44,000 customers, including 50% of Fortune 500. All-time share performance has been average. Since…
Disclosure The information contained herein is being provided to the investors in Third Point Investors Limited (the “Company”), a feeder fund listed on the London Stock Exchange that invests substantially all of its assets in Third Point Offshore Fund, Ltd (“Third Point Offshore”). Third Point Offshore is managed by Third Point LLC (“Third Point” or…
Paper Boat Creative This article was coproduced with Leo Nelissen. Current times are challenging for real estate investment trusts, or REITs. There’s no doubt about it. REITs are in a tough spot, as the mix of potentially prolonged elevated interest rates and sticky inflation puts pressure on some REITs. After all, most REITs do best…
hapabapa Introduction & Investment Thesis Zillow (NASDAQ:Z) is an online real estate marketplace that has severely underperformed the S&P 500 and Nasdaq 100 YTD. The company reported its Q1 FY24 earnings on May 1st, where revenue and earnings grew 13% and 20% YoY, respectively, beating estimates. However, the stock declined 6% after earnings. While the…
pabst_ell Note: I have covered Transocean Ltd. (NYSE:RIG) previously, so investors should view this as an update to my earlier articles on the company. After the close of Monday’s regular session, leading offshore driller Transocean Ltd. or “Transocean” reported underwhelming Q1/2024 results with contract drilling revenues coming in below expectations and bottom line outperformance mostly…
Derick Hudson Meta Platforms (NASDAQ:META) stock recently tumbled due to its lighter-than-anticipated revenue forecasts. Yet, Q1 sales surged by 27% YoY, and Meta’s Family of Apps operating income increased by 57% to about $17.7B. The Reality Labs loss was also considerably narrower than expected, and Meta’s net income more than doubled to $12.37B last quarter….
Morsa Images DEA to reclassify marijuana as Schedule III drug April 30th ended up being a really remarkable day for investors in the cannabis space. Shares of several companies in this market skyrocketed after news broke that the US DEA (Drug Enforcement Administration) is about to reclassify marijuana as a Schedule III drug as opposed…
Galeanu Mihai/iStock via Getty Images The following segment was excerpted from this fund letter. Burford Capital Limited (NYSE:BUR) As the ancient Greeks said, “The wheels of justice turn slowly, but grind exceedingly fine.” As a litigation financer, Burford has funded a large portfolio of legal cases that are working their way through the legal process….
Jessie Casson/DigitalVision via Getty Images Samsara (NYSE:IOT) is a company developing IoT (Internet of Things) systems that help extract and gather operational data into its cloud platform to derive insights and streamline operations. IOT was founded in 2015, and initially, it started out as a company delivering connected fleet solutions, such as vehicle telematics and…
bombermoon Intro & Thesis Since I upgraded the shares of TORM plc (NASDAQ:TRMD) from “Hold” to “Buy” in mid-July 2023, they have risen by of 62.64% (dividends included), significantly outperforming the broad market. Since my last update in January 2024, the stock has risen by 9.8% – and it continues to grow: Seeking Alpha, my…
Iryna Kharkova/iStock via Getty Images When it comes to classifying similar types of opportunities in stocks, there are a number of common ‘genres’ that investors will often refer back to when trying to describe an opportunity set. Common genres include buckets like Special Situations, Turnaround Stories, Commodity Plays, and other things in that vein. For…
Oat_Phawat Eldorado Gold Corp (NYSE:EGO) has quietly rallied to its highest level since 2017, gaining momentum in recent months alongside the record price of gold. Indeed, the company reported its latest quarterly results highlighted by solid growth with management guiding for an even stronger second half of the year. The market is also looking ahead…
Pgiam/iStock via Getty Images My Thesis Lucid’s (NASDAQ:LCID) market cap nearly reached $100 billion in 2021 amidst the pandemic-driven stock market rally. The company had ambitious plans to challenge Tesla’s (TSLA) dominance in the EV industry. However, its market share in the U.S. EV market in 2023 comprised a modest 0.55%, lower than in 2022….
AJ_Watt/E+ via Getty Images Synopsis Mama’s Creations (NASDAQ:MAMA) specializes in the manufacturing and marketing of fresh deli-prepared foods. MAMA’s historical revenues have shown robust year-over-year growth. Additionally, its 2024 margins improved significantly as compared to 2023. For its latest 4Q24 result, strong top-line growth was driven by higher volume. Looking ahead, the changing consumer preference…
Sundry Photography Introduction & Investment Thesis CrowdStrike (NASDAQ:CRWD) is a cybersecurity company that has outperformed the S&P 500 and Nasdaq 100 YTD. The company reported its Q4 FY24 earnings in March, where revenue and earnings grew 36% and 85.9% YoY, beating expectations. The company continues to drive new customer deals at a rapid pace while…
ipopba On 24/04/2024, Intrum AB (OTCPK:ITJTY) (OTCPK:INJJF) released its Q1 trading results. The Swedish Credit Management Services company operates in 20 European countries and is organized into two operating divisions: servicing and Investing. Last time, we positively commented on the Cerberus transactions as a step forward to reassure Wall Street. Looking at the broader picture,…
Laurence Dutton A spin-off from Verint Systems, Cognyte (NASDAQ:CGNT) is a company providing investigative analytics software for governments and global enterprises. All-time share performance since going public in 2021 at a price of $30 has been underwhelming so far. Since the end of 2021, share price has continued to decline, reaching an all-time low of…
sierrarat/iStock Unreleased via Getty Images Textron (NYSE:TXT) recently provided its first quarter earnings, and TXT stock dropped to a three-month low in response. In this report, I will analyze the results to detect whether the stock price drop was warranted and determine whether I need to revise my buy rating. Textron Outperformed Until Its Q1…
pidjoe Thesis The iron boot of the Fed has dropped on dividend-paying companies, with interest rates hitting REITs and mREITs especially hard. Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) has been beaten down especially hard and now yields above 6%. However, the dividend is secure and growing steadily, supported by growing cash flows and operational resilience,…
Tsuji On our last coverage of Altria Group, Inc. (NYSE:MO) we pointed out the bull case was being undermined by a bunch of quitters. Investors were too drunk on the dividend hike to care, and the stock glided higher. Seeking Alpha Q1-2024 results came out and gave everyone another opportunity to focus on the facts….
JHVEPhoto In my February 2024 NIO article, I reminded NIO Inc. (NYSE:NIO) investors holding on to their NIO shares that they were prolonging their pain in the battered pure-play Chinese premium EV maker. I urged investors to avoid catching NIO’s falling knife, as the lack of a hybrid strategy could lead to a moment of…
Chip Somodevilla/Getty Images News For weeks, stock markets anticipated that inflation rates were too strong to expect interest rate cuts anytime soon. This view is a sharp reversal from late 2023 when investors expected several interest rate cuts throughout 2024. From April 30, 2024, to May 1, 2024, the Federal Reserve will host its next…
Robert Buchel/iStock Editorial via Getty Images Since October 2023, I have a strong buy rating on Bombardier stock and that rating has performed well with the stock appreciating 51.6% compared to the S&P 500 returning 24%. In February 2024, Bombardier stock tumbled as its free cash flow guidance for 2024 came in below expectations. However,…
piranka Roper Technologies’ (NASDAQ:ROP) business has changed enormously in recent years, with the company now generally focusing on vertical SaaS businesses. In many ways this is a positive as Roper’s margins are now higher and its revenue is more predictable. Given Roper is acquiring these businesses rather than building them, it is less clear how…
blackred Investment Thesis Danaher Corporation’s (NYSE:DHR) core sales growth rate is expected to turn positive as 2024 progresses, with customer inventory destocking ending by the second half of 2024 in the bioprocessing business and improving order trends in the Biotechnology and Life Sciences segments. Further, the strength in the Diagnostics segment and easier Chinese business…
luismmolina Investment Overview Immatics (NASDAQ:IMTX), based in Tuebingen, Germany, achieved its Nasdaq listing in 2020, via a business combination with Arya Sciences Acquisition Corp, a special purpose acquisition company (SPAC) sponsored by Perceptive Advisors. According to Harvard Business Review: A SPAC is a publicly traded corporation with a two-year life span formed with the sole…
niphon Back in March 2023, I published an article on Australian rare earth miner Lynas Rare Earths Ltd (OTCPK: LYSCF)(ASX:LYC). Back then, Lynas’ shares were being raked over the coals after Tesla Inc. (NASDAQ:TSLA) announced plans to open a $5 billion gigafactory in Mexico and, among other things, redesign its PM motor to exclude rare…