Hinterhaus Productions/DigitalVision via Getty Images Investment Thesis On Holding (NYSE:ONON) is a company dedicated to sports clothing and that in recent years has stood out for its running shoes, which have very high gross margins thanks to the high sales price that the company has managed to maintain. While its market share is currently extremely…
Luis Alvarez flatexDEGIRO (OTCPK:FNNTF) has reported positive earnings growth in the first quarter of the year, showing positive operating trends after a slowdown during the past couple of years. Despite that, its shares continue to trade at a relatively undemanding valuation, making it a good growth play in the European financial sector. As I’ve covered…
Pratchaya Introduction A few months ago, Luna Innovations (NASDAQ:LUNA) started to look like a potential multibagger, thanks to great technology and an experienced management team. Today, however, the company is plagued by accounting problems, an internal investigation and a management team in shambles. Now, the company is potentially looking to sell itself (as the company…
Klaus Vedfelt/DigitalVision via Getty Images Introduction & Investment Thesis Hims & Hers (NYSE:HIMS) is a consumer health platform that has outperformed the S&P 500 and Nasdaq 100 YTD. The company recently reported their Q1 FY24 earnings, where revenue and earnings grew 46% and 434% YoY, respectively, beating expectations. For the full year FY24, the management…
Eoneren/E+ via Getty Images After a year of impressive results, Celsius Holdings, Inc. (NASDAQ:CELH) reported a disappointing quarter due to a surprise inventory issue. The healthy energy drink company has stumbled a couple of times in the last few months, leading to the opportunity to buy the stock far below the recent highs. My investment…
Abstract Aerial Art In January of this year, we covered the complex deal that was ongoing between Forward Air (NASDAQ:FWRD) and Omni. At the time, Forward tried to walk away from the transaction, prompting a lawsuit for breach of contract filed by Omni to force the closure. Eventually, the parties reached a settlement with some…
Tippapatt Introduction & Investment Thesis Doximity (NYSE:DOCS) is a cloud platform for US medical professionals that has severely underperformed the S&P 500 and Nasdaq 100 YTD. I initiated a “hold” rating on the stock on January 16, and it predicated on my belief that the company was seeing its revenue growth slow, despite displaying financial…
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…
Alena Kravchenko It’s been a volatile market all year, but small-cap stocks have been rocked more harshly than others. Investors have lost patience for turnaround names, including and especially Yext (NYSE:YEXT), the location data management platform that has been struggling for years despite AI-related technologies. Year to date, shares of Yext have fallen nearly 10%….
RiverNorthPhotography Interest rates have moved sharply higher this year. The yield on the benchmark 10-year Treasury note has jumped from 3.8% last December to near 4.7% over recent trading days. The 2-year note yield is back at 5% amid strong economic growth data and inflation readings that are above what the Federal Reserve wants to…
Michael Vi/iStock Editorial via Getty Images PayPal Holdings, Inc. (NASDAQ:PYPL) investors have endured another roller coaster ride over the past two months, following PayPal’s relatively weak guidance at its fourth-quarter earnings call in early February 2024. As a reminder, I upgraded my thesis on PYPL to a Buy pre-earnings, as I assessed that buying accumulation…
pixelfit Deckers Outdoor Corporation (NYSE:DECK) brought a quarterly direct to consumer net sales increase of 38% y/y, and better EPS than expected. I believe that the company is doing much better than peers out there. If we also take into account internationalization efforts, the stock repurchase program, and the total amount of cash in hand,…
Olena_T We’ve seen some broadening of the market in 2024 compared to 2023. Hopefully, that’s a sign of a move higher with greater participation from sectors other than technology. If inflation eventually decreases, the Fed will likely cut rates, which should help companies with their earnings growth. As a result, cyclical stocks, including industrials, financials,…
MarkHatfield/E+ via Getty Images Investment Thesis DexCom (NASDAQ:DXCM) is not exactly every investor’s cup of tea. The company operates in the medical technology space, which is far away from the hype in mainstream AI, and yet, the company’s stock often confounds investors with its high valuation metrics, per my observation. Rightly so, because 93x trailing…
BTCPay Server, an open-source bitcoin payment processor, is set to premiere a feature documentary titled “My Trust In You Is Broken” at the Bitcoin Film Fest in Warsaw, Poland, on April 19. The documentary, directed by Parker Worthington, delves into the beginnings of Bitcoin as a payment system and highlights Nicolas Dorier’s inspiring story in…
josefkubes The last time I have covered 3M Company (NYSE:MMM) was back in November 2023, recommending investors to initiate long position in this global industrial conglomerate as the company was trading at a very cheap valuation and at the beginning of its long-awaited turnaround. Since that time the stock has delivered a total return on…
FinkAvenue On Thursday March 13rd, Microsoft Corporation (NASDAQ:MSFT) announced that its Copilot for Security tool will become widely available to customers starting April 1, featuring new enhancements. The Copilot for Security enables cybersecurity experts to leverage generative artificial intelligence for various tasks, including incident summaries, vulnerability assessments, and data sharing. In that context, Microsoft highlighted…
J. Michael Jones Ollie’s Bargain Outlet (NASDAQ:OLLI) retails brand name merchandise in the United States, focusing on low outlet pricing. The company operates under many brands, including Ollie’s, Good Stuff Cheap, Real Brands Real Cheap!, and Sarasota Breeze. Under the brands, the company sells a very wide variety of products. Since the company’s IPO in…
You may have seen that picture of Michael Saylor in a bitcoin-branded van, with a cheerful guy right next to the car door. This one: Ariel Aguilar and La Bitcoineta European Edition at BTC Prague. That car is the Bitcoineta European Edition, and the cheerful guy is Ariel Aguilar. Ariel is part of the European…
Douglas Rissing Introduction The news narrative surrounding the current US economy is mixed, with pundits on both sides of the political aisle trying to use economic performance as a tool to boost their sides’ popularity. Figures like GDP, inflation, and unemployment are staples in this discussion but do not tell the whole picture and leave…
bombermoon/iStock via Getty Images When I last wrote about TG Therapeutics, Inc. (NASDAQ:TGTX) in November, I rated the company a buy based on the sales numbers from the company’s multiple sclerosis drug, Briumvi. I also noted the potential for the stock to fill a gap in the chart back to $20. The name did indeed…
Sean Zanni Prelude I initially covered Block (NYSE:SQ) in February of 2023 noting that Block has very strong growth prospects with the primary risk of stock-based comp equity dilution. Management executed well on the growth thesis in 2023 and addressed equity dilution risk with a buyback program which led to my most recent Buy rating…
urbazon/E+ via Getty Images After the bell on Monday, we received fiscal fourth quarter results from Zoom Video Communications, Inc. (NASDAQ:ZM). Perhaps the biggest pandemic darling, the company has seen its revenue growth rate and stock price fall dramatically from their highs. While shares popped on the initial headline beats that were reported, the company’s…
John M. Chase/iStock Unreleased via Getty Images With an S&P 500 that is climbing toward new heights, most tech stocks – whether or not they are related to the AI boom – have also climbed sharply after seeing a wide correction last year. Among these beneficiaries is Lyft (NASDAQ:LYFT), the second-largest rideshare operator in the…
Vertigo3d You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete. ― Buckminster Fuller Shares of conversational commerce and AI software concern LivePerson, Inc. (NASDAQ:LPSN) have plummeted more than 95% since hitting an all-time high in February 2021 as AI bot technology loses…
ronniechua Along with Japan, India has been the hottest Asian market over the last year. One year in, though, analysts are starting to question the sustainability of this rally. Per Kotak Bank: “Stocks are overvalued in general; some less, some more, some bizarre.” I’d disagree with the skeptics, particularly for the Nifty/MSCI large caps, where…
Frank Armstrong/iStock via Getty Images We previously covered Citigroup Inc. (NYSE:C) in October 2023, discussing its crown jewel’s promising performance, TTS, with it being the fastest-growing business, well exceeding the previous Investor Day revenue CAGR target of high single digits. While this outperformance had yet to be translated to its bottom line as it also…
Scott Olson Above: Constant promotion is endemic to the sector–but DraftKings Inc. (NASDAQ:DKNG) has gotten discipline and is moving toward a smarter allocation of marketing assets. DKNG reported Q4 2023 earnings yesterday—what counts Price at writing: $44.16. Pre close $42.59 Q4 2023 revenue: $1.231b up $376m, 44% y/y 2022. Total 2023 revenue: $3.665b Net loss…
Kharchenko_irina7/iStock via Getty Images I am a long-term follower and chronicler of CEL-SCI (NYSE:CVM). My initial CEL-SCI article was 08/2019’s CEL-SCI: A Risky Bet. My most recent was 07/2023’s “Cel-Sci: Would-Be Cancer Giant Taking Baby Steps”. In this article I evaluate its investment prospects based up on its latest investor communications. These include: 10/25/2023 –…
Several headlines recently described a 25% drop in bitcoin network difficulty during Winter Storm Finn in January. Most attributed this drop to curtailment activity in Texas. While Texas does represent 17% of the global bitcoin hashrate, ERCOT data shows that some of the curtailment activity was a combination of higher prices and “good grid citizenship.”…
onurdongel Here at Value Hunters, we “hunt” for high-yield contributors to our income investment portfolio and believe we have found a gem in InfraCap MLP ETF (NYSEARCA:AMZA). Dare we write the words “high & reliable income stream” in today’s economy? Our thesis for a 2024 investment in AMZA lies with this ETF’s investment approach centered…
VV Shots In many ways, Citigroup (NYSE:C) has long been the ‘sick man’ of the systemically important banks and its share price underperformance has reflected this. But there’s a price for everything, and at the current discount to underlying book, Citi is quickly emerging as a value investor favorite – note Berkshire Hathaway (BRK.B) swapping…
ibreakstock/iStock via Getty Images On February 1, 2024, Ceridian HCM Holding Inc. (NYSE:CDAY) will change its ticker symbol to DAY as part of its branding change. The other piece of the rebranding is a name change to Dayforce, which is also the name of its flagship human capital management software. Whatever the name and symbol,…
SrdjanPav/E+ via Getty Images Main Thesis & Background The purpose of this article is to evaluate the SPDR S&P Regional Banking ETF (NYSEARCA:KRE) as an investment option at its current market price. This is a fund with an objective to “provide investment results that, before fees and expenses, correspond generally to the total return performance…
Kena Betancur Overview My recommendation for Best Buy Co., Inc. (NYSE:BBY) is a buy rating. My reason for the buy recommendation is because of the attractive capital return story and the demand recovery in PCs and smartphones in the latter part of this year. I need to highlight that any investment position should be small…
JHVEPhoto 2024 is already turning into the year of the chip stocks. Names like NVIDIA (NVDA), AMD (AMD), Broadcom (AVGO), and even Qualcomm (QCOM) have performed well as AI enthusiasm shows few signs of letting up. More bullish industry earnings news came last week, lifting so many stocks in the industry. Has the fervor gotten…
We Are We previously covered Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in October 2023, discussing the promising bottoming of the semiconductor cycle, further aided by the timely PC/ server/ smartphone refresh cycles since the pandemic boom. Thanks to the robust demand for Generative AI and growing global footprint, we believed the foundry’s prospects appeared to…
Sundry Photography Thesis Keysight Technologies (NYSE:KEYS) is a leading provider of electronic design and test solutions for various industries, such as communications, aerospace and defense, automotive, energy, and semiconductor. The company reported its fourth quarter and full year 2023 financial results last November, which showed a decline in both revenue and earnings compared to the…
Leonhard Simon/Getty Images News China EVs are a highly contested investment theme with extremely choppiness, which I believe ultimately ends in upside BYD (OTCPK:BYDDF) (HK-1211) is one of the top relative outperformers in China’s landscape in calendar year 2023, where the majority of technology names capitulated 10-20% losses in another year where the Hang Seng…
We Are We previously covered BHP Group Limited (NYSE:NYSE:BHP) in September 2023, discussing the uncertain recovery in the iron spot prices as China’s portside inventory declined and imports accelerated over the past few months. However, with the demand for iron ore expected to moderate over the next few decades, it was unsurprising that the producer…
spooh Thesis Vista Energy, S.A.B. de C.V. (NYSE:VIST) is in the middle of a significant expansion. They are drilling new wells and attaching them to a pipeline network for servicing both local and export markets. While this is producing significant capital expenditure, it should also lead to significant revenue increases. This is a follow up…
We Are/DigitalVision via Getty Images Investment Action I recommended a buy rating for Rogers Communications (TSX:RCI.B:CA) when I wrote about it the last time, as I expected valuation to improve as RCI EBITDA grows and it de-levers its balance sheet. Based on my current outlook and analysis of RCI, I recommend a buy rating. RCI’s…
Getty Images Investment thesis I initiate my coverage of GE HealthCare Technologies Inc. (NASDAQ:GEHC) and rate shares a “Sell/Avoid” as I see no upside for the next 24 months, with shares priced at an undeserved premium while the company is facing significant competition resulting in market share losses. Meanwhile, management does not seem to acknowledge…
TexBr By Ayush Babel and Jeremy Schwartz, CFA Backed by strong GDP growth and a relatively calm geopolitical environment, India has witnessed one of the best recoveries among the major economies since the Covid-19 crisis – and it hasn’t looked back. With national elections coming up next year, and opinion polls suggesting an historic third…
Panama7/iStock Editorial via Getty Images Introduction Let’s start with a chart. In September 2022, I wrote I shared a piece of research where I disclosed I was locking in some gains from oil stocks but I wasn’t selling a single share of Eni S.p.A. (NYSE:E). Since then, Eni has outperformed its peers and if we…
Matthew Horwood/Getty Images News Dassault Aviation (OTCPK:DUAVF) has been a company that we’ve followed for many years now. It’s always had a very large cash balance, owing to the very tight family control on the company, and the desire to keep the company eternally solvent, despite perennial profitability and obvious structural growth post Ukraine War….
SweetBunFactory Introduction At the 4th of April I published an article about BE Semiconductor (OTC:BESIY) as a great long term holding in a dividend (growth) portfolio. Since then a lot has happened with the share price. The stock price at publication was €79.2 and only a few months later the stock went way up to…
HUNG CHIN LIU/iStock Editorial via Getty Images Gogoro (NASDAQ:GGR) is an interesting Taiwanese company with a compelling story but so far its financial results have been less than impressive because even though the company’s business reach has been growing, its revenues haven’t been growing which is concerning for many investors. Gogoro has three main products….
marrio31 We previously covered First Solar (NASDAQ:NASDAQ:FSLR) and Enphase Energy (NASDAQ:NASDAQ:ENPH) in August 2023, discussing the former’s double top/ bottom line beats as the latter reported a mixed performance in the FQ2’23 quarter. While FSLR had reported growing backlog and expanding late-stage opportunities in the utility solar segment, ENPH had guided a slow down in…
Bilanol/iStock via Getty Images A true conservationist is a man who knows that the world is not given by his fathers but borrowed from his children.” – John James Audubon Today, we take a look at a small-cap firm targeting various industrial end markets. The company is diversifying away from its legacy oil & gas…