eyesfoto/E+ via Getty Images Intro We wrote about Cabot Corporation (NYSE:CBT) in January of this year when we upgraded our rating in the stock to a ‘Buy’ when shares were trading at approximately $74 a share. Since our upgrade, shares have returned approximately 38%, an excellent return over the past four months. Therefore, after divulging…
JHVEPhoto In January, I believed that green shoots were clearly visible into 2024 in the case of The Charles Schwab Corporation (NYSE:SCHW). Most prominent were positive deposit inflows, as outflows in this area were the root of all concerns in the spring of 2023 and the quarters that followed. Green shoots materialized further in the…
Colin Anderson Productions pty ltd Bonds are dropping on “higher for longer” rate expectations, and I view the dip as a buying opportunity. I am particularly attracted to longer-term bond funds, and the Nuveen Quality Muni Income Fund (NYSE:NAD) caught my eye, not because it has dipped to an attractive buy point; quite the contrary,…
petesphotography/iStock Unreleased via Getty Images About six months ago, Raytheon Technologies (NYSE:RTX) was in Wall Street’s proverbial doghouse because of an engine issue requiring major fixes, major financial hits, and a major inconvenience to its customers. At the time, I pointed out that finding out about the issue this way, instead of in a tragic…
phive2015 A phenomenal first quarter of performance for the major market averages bodes extremely well for the remainder of 2024. Barron’s indicated that when the S&P 500 rises 10% or more in the first quarter of a year, dating back to 1950, the index has finished higher 91% of the time over the remaining three…
Brandon Bell/Getty Images News Introduction In my previous two articles (one) (two), I had a sell rating on Delta Air Lines (NYSE:DAL). During these times, I believed that the macroeconomic headwinds could hinder Delta Air Lines’ operations. As the consumer delinquency rates were sharply rising, I thought that the consumers’ financial health was deteriorating potentially…
Koldunova_Anna/iStock via Getty Images Just emerging from a multi-month dormancy to command the investing world’s spotlight, investors are still discussing the reasons for gold’s breakout to record highs and, more importantly, if the gold bull still has legs. The most common assumption is that the fed funds outlook is the reason for the metal’s latest…
Joe Raedle/Getty Images News Costco’s (NASDAQ:COST) gold bars and hot dogs haven’t been the only things people have been lining up for. The company’s shares themselves have been one of the most lucrative investments over the past year. A day prior to the Q2 earnings release, shares were up nearly 65% in the last year….
arild lilleboe Several Factors Support XPRO’s Gains In my previous article on December 12, 2023, I discussed Expro Group Holdings N.V.’s (NYSE:XPRO) strategies. With significant global offshore FIDs in 2024 and 2025 and committed and sanctioned projects in the pipeline through 2030, the company’s end market continues to support a growth thesis. In particular, its…
RichLegg Listen below or on the go on Apple Podcasts and Spotify The following is an abridged transcript The top story to look out for this week The February jobs report is due on Friday, with expectations for payrolls growth to ease back. January showed a whopping rise of more than 350,000 in nonfarm payrolls….
Bloomberg/Bloomberg via Getty Images Expedia Group, Inc. (NASDAQ:EXPE) released the Q4 2023 earnings on February 8, 2024, and reported strong growth in room night bookings, gross bookings, and revenue, but experienced a year-over-year drop in net income. However, the yearly numbers show improvement in net income and earnings per share. This article discusses the earnings…
StudioEasy Overview As an investor that values dividend income, REITs hold a valuable part of my portfolio as they can provide unique exposure to the real estate sector and usually have yields larger than traditional stocks. In the case of Independence Realty (NYSE:IRT), the dividend yield doesn’t quite meet my needs at 4.5% but the…
anyaberkut Overview The foreign exchange market is becalmed today, with most of the major pairs trading in narrow ranges. The economic calendar is light and the North American session features benchmark revisions in US CPI and Canada’s January employment figures. The US quarterly refunding supply has been absorbed without much fanfare. The dollar-bloc currencies and…
Andy Feng Elevator Pitch Ping An Insurance (Group) Company of China, Ltd. (OTCPK:PNGAY) [2318:HK] is still rated as a Hold. In my November 11, 2023 initiation article, I drew attention to Ping An Insurance’s risk factors for the near term and the company’s growth potential in the long run. In this latest write-up, I come…
Bloomberg/Bloomberg via Getty Images Intro We wrote about Repsol, S.A. (OTCQX:REPYY) in July’2021 when we reviewed the key metrics that make up the company’s dividend. Although we saw no adverse trends in Repsol’s dividend at the time, we stamped a ‘Hold’ rating on the stock due to how the company’s liabilities were outpacing its assets…
bigtunaonline/iStock via Getty Images As much as I wish I could say that I had a perfect track record when it came to pointing out attractive investment opportunities, that would be a lie. Nobody, not even the great Warren Buffett, has a perfect track record. One firm that I came out bullish on back in…
JHVEPhoto I criticized the stock buyback of Chevron Corporation (NYSE:CVX) last year as I saw a risk that the commodity company could overpay for its stock in the open market at a time when crude oil prices were still relatively high. I was also deeply concerned about the potential for an earnings recession during a…
Spencer Platt The Health Care sector was one to generally avoid in 2023. Unless you were significantly overweight (no pun intended) in shares of Eli Lilly (LLY) and Novo Nordisk (NVO), it’s probable that you underperformed the S&P 500 given the Health Care Select Sector SPDR ETF’s (XLV) weak returns. Has the tide turned in…
FG Trade Johnson & Johnson (NYSE:JNJ) is an American corporation focused on the creation and manufacturing of medical devices, vaccines, and medicines designed to address a range of prevalent illnesses, such as cancer, cardiovascular diseases, and neurological disorders. Thesis Over the past two weeks, Johnson & Johnson’s share price has continued to trend upward despite…
Pgiam/iStock via Getty Images Stock Snapshot In picking a stock for today’s research note, I first had a look at Seeking Alpha’s handy key market data page which shows one sector in particular that catches my interest since I wrote extensively about it earlier this year and it is financial services, which has shown a…
golubovy/iStock via Getty Images The Trade Desk (NASDAQ:TTD) stands out with remarkable financial achievements in Q3 2023, showcasing a solid presence in the rapidly evolving industry. The company’s substantial revenue increase reflects its successful adaptation to the changing advertising environment and emphasizes its dedication to accuracy and transparency in its campaigns. This article examines the…
CUHRIG Elevator Pitch I award a Buy investment rating to Yancoal Australia Ltd (OTCPK:YACAF) [YAL:AU] [3668:HK]. Yancoal Australia’s valuations are poised for a re-rating, which warrants a Buy rating. Its China market’s prospects are good, and the company can leverage on its robust financial position to enhance shareholder value. Readers should take note that Yancoal…
izusek First Trust Capital Strength ETF (NASDAQ:FTCS) and capital strength as a stock market “factor” has lagged the largest S&P 500 badly this year. In fact, that multi-year underperformance is toward the upper end of its recent historical range. This may or may not be primed for immediate reversal. But it has caught my attention….
champpixs The Drumbeat This headline from Bloomberg gives a good summation: “After So Many False Dawns, the Market Is Convinced the Fed Will Finally Cut.” Maybe that is the reason for the recent strength and the march toward new all-time highs for the Dow and S&P 500, but I’m not so sure. To me this…
KanawatTH Albemarle Corporation (NYSE:ALB) exhibited a notable performance in Q3 2023, marked by an increase in net sales due to the growth in the energy storage sector. However, the company has faced challenges in maintaining its profitability, with a decline in net income and adjusted EBITDA, primarily due to the fluctuating prices in the lithium…
TheaDesign/iStock via Getty Images Target Hospitality Corp. (NASDAQ:TH) currently stands as a small-cap stock with a market cap of approximately $.12 billion. The stock has encountered a notably high short interest of 18.58%, signifying prevailing negative market sentiment. Over the past year, the stock has experienced a 20.74% decrease in value. However, a deeper analysis…
John M. Chase Salesforce, Inc. (NYSE:CRM) is scheduled to release fiscal earnings for Q3 2024 on November 29, 2023. Salesforce anticipates a significant rise in its quarterly revenue, indicative of substantial growth from the previous year, despite facing challenges from fluctuations in foreign exchange rates. The forecast for earnings per share (EPS) also presents a…
Phiromya Intawongpan Eagle Point Credit Co LLC (NYSE:ECC) demonstrated notable financial achievements in Q3 2023, attributed to its strategic actions and intelligent investment decisions. The company’s financial highlights included increased Net Asset Value (NAV) per common share and a robust financial performance with a notable Net Investment Income (NII). During this period, ECC focused on…
mphillips007 The Hershey Company (NYSE:HSY) showcased a robust improvement in Q3 2023 financial results, highlighted by a substantial uptick in net sales. This impressive growth was primarily attributed to a boost in organic sales, which stemmed from strategic price revisions aimed at countering inflationary pressures. Hershey’s adept handling of pricing and cost control strategies was…
JHVEPhoto Medtronic plc (NYSE:MDT)’s financial performance for Q1 FY 2024 showcases a positive start to the new year, with revenues seeing a noticeable growth. This upward trend is ascribed to various factors, including innovation, strategic implementation, and enhanced foundational measures. Key sectors like the Cardiovascular and Neuroscience portfolios witnessed marked increases, with notable progress achieved…
michal-rojek M&A activity rumors involving Stratasys (NASDAQ:SSYS) have died down in recent weeks, with Nano Dimension’s (NNDM) offer off the table and the Desktop Metal (DM) deal rejected by shareholders. Stratasys also continues to show little interest in 3D Systems’ (DDD) advances, and the fall in 3D Systems’ stock has decreased the appeal of its…
Justin Sullivan Being economically subordinate to the Coca-Cola Company (KO)(“TCCC”) has its downsides, but on the plus side it does give anchor bottler Coca-Cola Europacific Partners (NASDAQ:CCEP) access to one of the strongest fast-moving consumer goods (“FMCG”) brands on the planet. That has served investors well recently, with volume performance looking resilient in its core…
David McNew Research Note Summary In today’s research note, I covered a rail company, Union Pacific (NYSE:UNP), which I gave a buy rating. This Omaha-based company with roots going back to the 1800s, and trading on the NYSE, has shown strength in the category of dividends and free cashflow, as well as being reasonably valued…
abadonian Introduction Real Estate Investment Trusts aren’t in a great place right now. Elevated inflation and interest rates are keeping investors away from an industry that performs best during times of low inflation and cheap funding. After all, most have rent escalators that are capped to protect tenants against high inflation. Also, high inflation is…
Matteo Colombo Investment Summary Lithium was one of the many investment buzzwords of 2021—’22 when the spot price of the battery metal completed a meteoric rise of CNY 22,921/tonne to its peak of CNY 592,443/tonne by November ’22, rising some 2,480%. Naturally, the equity stock of all the lithium majors—especially the Australian names—followed in lockstep,…
Shutthiphong Chandaeng Under the insightful leadership of CEO Tal Jacobson, Perion Network (NASDAQ:PERI) has made remarkable advancements in the digital advertising domain, consistently outperforming industry expectations. A recent quarter stands as evidence of Perion’s agility in identifying and capitalizing on profitable market opportunities. Perion’s success hinges on a blend of strategic diversification, timely technological investments,…
Daniel Balakov Oxford Lane Capital (NASDAQ:OXLC) recently unveiled a detailed analysis of its financial health. The firm observed a slight decline in its Net Asset Value (NAV) per share over a recent period. OXLC’s income indicators, including its Net Investment Income (NII) and the more transparent Core NII, which reflects cash outflows from its collateralized…
Spencer Platt The recent Tesla, Inc. (NASDAQ:TSLA) quarterly results offer an optimistic view of the company’s financial health and prospects. Despite some challenges, such as a slight dip in operating income and a decrease in average selling prices for its vehicles, Tesla has shown strong revenue growth. Rising vehicle deliveries and successful diversification into the…
Michael M. Santiago/Getty Images News Research Brief In today’s analysis, I will be covering Goldman Sachs (GS), which is in the financials sector, and investment banking /brokerage subsector. Since my last rating in May where I rated it a buy, the share price climbed 0.38%. Goldman Sachs – performance since last rating (Seeking Alpha) The…
This article was written by Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must be treated as such. We take…
patpitchaya/iStock via Getty Images Summary This post is to provide an update on my thoughts on LegalZoom.com (NASDAQ:LZ) business and stock after the 2Q23 earnings. I recommend a buy rating for LZ as I expect growth to accelerate in FY24 when the US economy recovers and LZ to see continuous profit margin expansion as it…
TkKurikawa/iStock Editorial via Getty Images Research Brief Today I’ll be re-rating a stock I covered back in May but that remains an old favorite to analyze. It has been on my watchlist in the banking sector for several years now. Morgan Stanley (NYSE:MS), which released its 2023Q2 earnings on July 18th, faced down a very…