Justin Sullivan Like many tech peers, Salesforce (NYSE:CRM) joined the artificial intelligence bandwagon. The company has already integrated generative AI into its product suites including its new offering Slack GPT. CRM continues to show resilient revenue growth while it drives stronger operating margins. The company maintains a net cash balance sheet and is repurchasing stock….
alexis84/iStock via Getty Images Intro We wrote about America’s Car-Mart, Inc. (NASDAQ:CRMT) in March of this year post the company’s third-quarter earnings when we stated how the company’s ongoing transformation could positively affect the share price. Although the company reported a further bottom-line miss in Q4, shares have risen a whopping 47% since we penned…
Wolterk Investment thesis Our current investment thesis is: Ross Stores is a highly attractive business, owing to its consistently strong distributions, earnings growth, and scope for strong future returns through strong financials. Underpinning this is a quality commercial profile. The business has two strong brands, a broad variety of desirable products, healthy store growth, and…
Justin Sullivan/Getty Images News Exxon Mobil Corporation (NYSE:XOM)’s recent quarter illustrates a multifaceted scenario of success and struggles, revealing a challenging financial environment. The company reported earnings that were down from the previous quarter’s figures, affected by lower natural gas realizations and industry refining margins. Despite these difficulties, the negative influence was partially softened by…
Sean Pavone/iStock via Getty Images Over the past year, the REIT sector has suffered the worst overall performance compared to other stock market sectors. Overall, the industry has declined by 23% over the past year, worse than financials and consumer discretionary, both with ~19% in losses. Over the past year, I have been vocally bearish…
Robinhood had earlier motioned for the arguments against it to be completely dismissed. The federal appeals court of the United States has yet again dismissed a class-action lawsuit against online brokerage firm Robinhood Markets. This follows after 16 investors alleged that the platform did not allow them to buy 13 “meme stocks” during a January…
fizkes/iStock via Getty Images Investment Thesis Purple Innovation (NASDAQ:PRPL) had evolved from an online bedding company to an omni-channel brand that sells multiple mattresses across a wide range of price points. Post the outsized growth during the pandemic, the company’s fortunes have significantly deteriorated having declined ~89% in past 3 years and over 35% in…
stockstudioX/E+ via Getty Images Thesis Fox Factory Holding Corp (NASDAQ:FOXF) is ubiquitous to quality in the world of suspension. It also demonstrates strong characteristics of business quality with a compelling brand image and differentiated technological prowess. My analysis points to a 20% upside from current levels by 2024 using an exit multiple of 19x 12-month…
courtneyk Investment Action I recommended a hold rating for Parsons Corp. (NYSE:PSN) when I wrote about it the last time, as I wanted more concrete evidence that PSN was able to continue its momentum since 1Q23. Based on my current outlook and analysis of PSN, I recommend a hold rating. I expect the business to…
SweetBunFactory Viatris (NASDAQ:VTRS) reported earnings on the 7th of August and showed the first signs of a turnaround in their business with a beat on top- and bottom-line. Since the first time covering Viatris, there was a lot of criticism around debt, management and that stock was a value trap. Nevertheless, the stock returned 21%…
Travel Faery/iStock Editorial via Getty Images Investment thesis Last year, TORM plc (NASDAQ:TRMD) was one of the primary beneficiaries of the sanctions against the Russian oil exports caused by the war in Ukraine. These disruptions significantly affected all transportation routes and favorably disrupted marine transportation tariffs. The company earned record profits last year, but the…
Smederevac Investment Summary The last earnings report from ITT Inc (NYSE:ITT) showcased the company is capable of growth despite a challenging macroeconomy. The top line saw a 13.7% YoY increase whilst the bottom line grew by over 40% as the management made strong progress on improving margins and the overall operational performance. Operating in the…
mrPliskin/E+ via Getty Images We’re starting to see the foundations of the tech rally begin to crack. Earnings season is well underway, and though most companies have reported tremendous beats to guidance and expectations, Wall Street’s reactions have been relatively muted. The cause here: with valuations having soared since the start of the year, most…
Sundry Photography/iStock Editorial via Getty Images Interest rate increases have continued to prove a very significant headwind for REITs, and Netstreit (NYSE:NTST) is now ~13% cheaper compared to when we wrote our last article on them. Fundamentally things have not changed much since then, and we now believe the valuation to be quite attractive, motivating…
0meer/iStock via Getty Images Investment Thesis The Trade Desk (NASDAQ:TTD) delivers a mixed report, where its guidance does point to accelerating sequential quarterly growth rates, but for all intents and purposes it appears that for now, The Trade Desk’s growth rates will be stuck at mid-25% CAGR. Given where expectations are, I believe that paying…
Editor’s note: Seeking Alpha is proud to welcome ZY Capital as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » joeygil Investment Thesis and Recommendation Okeanis Eco Tankers (OTCPK:OKENF)…
AdrianHancu Societe Generale (OTCPK:SCGLY) (OTCPK:SCGLF) reported results for Q2 2023 on August, and topped analyst expectations with regards to both topline and earnings. in the period from April to end of June, SG accumulated EUR 1.2 billion of net profits, which suggests a P/E of approximately ~x4 on an annualized basis, a discount of more…
ipuwadol/iStock via Getty Images With the unhedged position Antero Resources (NYSE:AR) chose combined with low natural gas prices, investors must be vigilant concerning cash generation and management decisions with regard to its usage. In this endeavor, investors must remember a critical difference between negative cash flows and spending, which results in negative cash flow. Sometimes…
PhonlamaiPhoto Investment Rundown The premium that investors have to pay for Ichor Holdings Ltd (NASDAQ:ICHR) right now is quite expensive and I don’t think it’s worth it, not when the coming quarters will likely produce quite disappointing results as the market is cooling off from the immense runup it had during both 2021 and 2022….
Lyndon Stratford Investment thesis PagSeguro (NYSE:PAGS) is a pioneering disruptor in Brazil’s payment landscape that has grown its share from 1% to 11% in the span of 7 years. The company specialises in servicing small merchants and is diversifying its growth strategy to SMBs as well. Total Payment Volume (TPV) per merchant has grown 5x…
Bogdan Khmelnytskyi/iStock via Getty Images We’re downgrading Palantir (NYSE:PLTR) from a buy to a hold post Q2 2023 earnings results. We think the stock ran up on A.I. hype in the first half of the year, up 167% YTD, outperforming the S&P 500 (SP500) by around 149%, and we see a less favorable risk-reward profile…
HJBC Investment Thesis Amazon.com, Inc. (NASDAQ:AMZN) has outperformed the broader markets since my previous bullish article where I talked about the company’s potential reacceleration in growth. In line with my expectations, the company posted good last quarter results and saw a reacceleration in Online Store sales growth rate after tough last few quarters. I believe…
FG Trade E-Commerce software platform provider BigCommerce (NASDAQ:BIGC) presented strong second-quarter earnings last week that showed strong gross margins, double digit revenue growth and, most importantly, narrowing losses. The firm widely beat EPS expectations for the second-quarter and BigCommerce still has a long growth runway in the e-Commerce market. With profitability just around the corner…
PixelsEffect Elevator Pitch I rate Choice Hotels International, Inc. (NYSE:CHH) shares as a Buy. I previously reviewed CHH’s Q1 2023 financial results with my earlier article for the company published on May 11. In my latest update, the spotlight is on how Choice Hotels performed in the most recent quarter. My Buy rating for Choice…
Urupong Summary Ziff Davis (NASDAQ:ZD) operates as a digital media and Internet company. The Company provides a portfolio that includes brands in technology, entertainment, shopping, health, cybersecurity, and martech. I am recommending a buy rating for ZD as I think management has executed very well in this tough advertising environment (driving growth in certain sectors…
pidjoe On Thursday, August 3, 2023, international electric utility The AES Corporation (NYSE:AES) announced its second quarter 2023 earnings results. At first glance, these results appeared to be somewhat disappointing, as the company missed the expectations of its analysts in terms of both revenues and earnings. The stock market was also not particularly impressed with…
svetikd Investment Thesis fuboTV Inc. (NYSE:FUBO) delivers a mixed Q2 set of results. On the one hand, the business continues to acquire paying customers at a very rapid rate. This consideration is the bright element in the bull case. This allows fuboTV to continue to lay claim to its growth ambitions of being the ”go-to”…
John Touscany/iStock Editorial via Getty Images Kirby Corporation (NYSE:KEX) operates domestic tank barges. It operates in two segments Marine Transportation and Distribution and Services. In the marine transportation segment, they offer marine transportation service and transports petrochemicals and refined petroleum products. In the distribution and services segment, they offer after-market service and sell authentic replacement…
Nadzeya Haroshka/iStock via Getty Images So far, it has been a “show me” story during the Q2 earnings season. Already ripe with rich year-to-date rebounds, companies have been expected to post virtually perfect results just to hold their share prices. Amid generally frothy markets, however, I continue to believe that attractive opportunities exist in individual…
ivanastar Investment Thesis Phillips 66 (NYSE:PSX) released solid Q2 results last week, beating the market estimates in several financial metrics. Despite the stock’s recent rally in the last couple of months, I believe PSX still demonstrates good value for a long-term play, whilst also satisfying income investors thanks to their favorable dividend yield relative to…
Anne Czichos In the past couple of months I have digged deep to provide you with my analysis and views on AT&T’s (NYSE:T) dividend play and the Company’s growth prospects to potentially capture some incremental gains from price appreciation on top of the ~8% yielding dividend. In the article “Demystifying The Sustainability Of AT&T’s Dividend”…
georgeclerk BlackRock (NYSE:BLK), one of the world’s best asset management companies, has been an excellent investment over most time frames as the chart below demonstrates. Seeking Alpha BlackRock stands tall as a global leader, offering an extensive range of investment products and services that cater to a diverse clientele, spanning from individual investors to institutional…
AlKane/iStock via Getty Images In my opinion, Hercules Capital (NYSE:HTGC) is a solid choice for any income investor looking to capture some reliable cash flow. The price entry is not the best right now, though, as it sits near an all-time high, so it currently remains at a Hold rating for me. Hercules Capital proves…
dan_prat/iStock via Getty Images Introduction Eagle Bulk (NYSE:EGLE) is a US-based dry bulk ship owner. The company owns and operates a fleet of 52 vessels with an average age of 10 years. All Eagle’s vessels belong to Ultramax/Supramax category with a dead-weight-tonnage capacity of 55-63 DWT. This enables the company to operate in all bulk…
London Stock Exchange Group plc (OTCPK:LDNXF) Q1 2024 Earnings Conference Call August 3, 2023 5:00 AM ET Company Participants Peregrine Riviere – Investor Relations David Schwimmer – Group Chief Executive Officer Anna Manz – Group Chief Financial Officer Conference Call Participants Bruce Hamilton – Morgan Stanley Mike Werner – UBS Kyle Voigt – KBW Tom…
When you hear bullish hoofbeats, think ZEBRA tudorish/iStock via Getty Images Earn your options trading stripes with ZEBRA spreads I’m already long NVIDIA (NVDA). Earnings are coming up on August 23 and I’m looking for a way to add to my position. But at $446.80 as of August 4, this getting to be an expensive…
anyaberkut Investment action I admire Moody’s (NYSE:MCO) business for its robust pricing influence, dedication to innovation (such as AI) for enhancing operations, and impressive cash generation. Throughout the past ten years, MCO has maintained a consistent pattern of annual growth, except for FY22, which was impacted by a sluggish capital market. Nonetheless, I believe this…
JHVEPhoto Introduction In 2023 so far, the stock of the multinational food company- Kraft Heinz (NASDAQ:KHC), has proven to be a disappointment of sorts, delivering negative returns of -13%, even as its peers from the staple space have managed to deliver marginal positive returns. YCharts After an underwhelming first seven months of the year, we…
Coinbase told shareholders that it is working towards improving its adjusted EBITDA in absolute dollar terms versus full-year 2022 as it navigates the uncertainty of regulatory scrutiny. Coinbase Global Inc (NASDAQ: COIN) reported its Q2 2023 financial results on August 3, 2023, which beat Wall Street’s expectations. According to the announcement, the company reported a…
Editor’s note: Seeking Alpha is proud to welcome Sapphire Wealth Insights as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » koto_feja Introduction Founded in 2008, BioNTech (NASDAQ:BNTX) has…
metamorworks/iStock via Getty Images The Company Celestica Inc. (NYSE:CLS) (TSX:CLS:CA) is a $2.5-billion market cap company based in Toronto, Canada, that offers supply chain solutions across North America, Europe, and Asia. According to the latest quarterly 6-K filing, CLS operates through 2 segments: Advanced Technology Solutions [ATS] – 44% of total revenue – delivers innovative…
TASE’s strategic partnership with Fireblocks comes as the result of a broader vision set forth by the stock exchange. The Tel Aviv Stock Exchange (TASE) has unveiled a significant infrastructure partnership with Fireblocks, a leading platform for secure digital asset management. This collaboration, announced earlier this week underscores TASE’s commitment to embracing the digital revolution…
Filmstax/iStock via Getty Images Rapid Call A couple of months back in my prior analysis on Upwork (NASDAQ:UPWK), I stated, […] from the highs set in the past 12 months, this stock has fallen by more than 60%. Yes, there are plenty of issues facing Upwork. I will not declare otherwise. But what I will…
OliverChilds The Value To Growth Transition Sometimes a value stock with a low to average P/E ratio turns into a growth stock because management had the foresight to reposition the company to take advantage of secular trends. That appears to be the case with Eaton Corp. (NYSE:ETN) based on the stock performance this year. I…
AMD is gearing up for its AI progress and is pushing to launch its top-notch MI300 AI chips in the last quarter of the year. On Tuesday, August 1, Advanced Micro Devices Inc (NASDAQ: AMD) posted moderately better-than-expected results for the second quarter earnings. AMD reported non-GAAP earnings of 57 cents per share for the…
stockcam I used to watch cartoons as a kid, and there would be shows where the good guy would catch the villain and remove their mask at the end to reveal their true identity. Social media platform Snap (NYSE:SNAP) has a logo that brings me back to those memories. The company’s recent Q2 earnings put…
bjdlzx Civitas Resources, Inc. (NYSE:CIVI) announced an acquisition and a note offering to help finance that acquisition. That acquisition is actually more than one transaction that management labels “Hibernia” and “Tap Rock.” The company intends to use some stock as part of the payment to help keep the debt ratio low. For Civitas, which has…
Pratchaya/iStock via Getty Images Larimar therapeutics (NASDAQ:LRMR) has been making significant progress in advancing its drug known as CTI-1601, which is being developed for the treatment of patients with Friedreich’s ataxia [FA]. That’s because it just received clearance from the FDA so that it can advance a higher dosing 50 mg cohort of CTI-1601 in…
Michael M. Santiago Introduction As a dividend growth investor, I seek new investment opportunities in income-producing assets. I often add to my existing positions when I find them attractive. I also use market volatility to my advantage by starting new positions to diversify my holdings and increase my dividend income for less capital. The energy…
Nikada In the last few years, Tencent Holdings Limited (OTCPK:TCEHY) – as well as many other Chinese stocks – saw a huge discrepancy between the stock price and the fundamental picture. Of course, we should not ignore that Tencent has been struggling in the last few years: Since early 2021, the company has had trouble…