HeliRy Note: I have covered Imperial Petroleum Inc. (NASDAQ:IMPP, IMPPP) previously, so investors should view this as an update to my earlier articles on the company. Following several quarters of relentless dilution, Greece-based tanker and dry bulk vessel operator Imperial Petroleum reversed course last year and started to buy back common shares in the open…
lerbank/iStock via Getty Images Investment Thesis Alphabet Inc. aka Google (NASDAQ:GOOG, GOOGL) just wrapped up its annual I/O 2024 developer conference, announcing key features and technological updates. The full presentation can be watched here, whereas the company also has a brief summary of its presentation in under 10 minutes. Expectations were high for Google to…
Berkut_34 Thesis Kinder Morgan’s (NYSE:KMI) dividend (currently yielding 6.01%) is generated by its critical pipeline and terminal infrastructure which serves the attractive natural gas industry amongst other commodities and makes it a stock of interest for dividend income, dividend growth and total return investors alike. The company has now grown its dividend for seven consecutive…
MATR’s wires are used in nuclear reactors. Low tolerance for failure. Monty Rakusen/DigitalVision via Getty Images Mattr Corp: High Quality Industrial Trading at < 5x EBITDA Investment Thesis Mattr Corp. (TSX:MATR:CA) (OTCPK:MTTRF) stands as a prime investment opportunity, underpinned by its transformation from a hyper cyclical business into a diversified industrial powerhouse focusing on less…
luxizeng Melco Resorts & Entertainment Limited (NASDAQ:MLCO) recently reported its latest quarterly results, highlighted by an ongoing rebound at the company’s Macau, China casino properties. Data shows regional tourism and gaming revenues are back on track to reclaim pre-pandemic records. We covered MLCO in 2023 with a bullish article that admittedly suffered from poor timing,…
wdstock Investment Thesis I take a bullish view on AT&T given strong free cash flow growth, a record low postpaid phone churn, and a lower net debt to EBITDA ratio. In a previous article back at the end of January, I made the argument that AT&T (NYSE:T) has the capacity for further upside going forward…
Monty Rakusen This article was co-produced with Williams Equity Research. Wall Street has been establishing its foothold in the private credit space for about 15 years now. Its main focus has been raising capital for private Business Development Companies (‘BDCs’). After building out the portfolios and a track record, the private BDCs eventually list on…
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…
Maskot/DigitalVision via Getty Images Founded in 2006, Zillow Group (NASDAQ:ZG) is an online real estate marketplace based in the US. Aside from its core brand, Zillow, ZG also owns StreetEasy and Trulia, a former competitor. My first coverage of ZG was in 2019, when I gave the stock a sell rating due to underwhelming business…
Morsa Images Summary I am positive on CoStar Group (NASDAQ:CSGP). My summarized thesis is that CSGP is seeing very strong growth momentum that should only accelerate from here as the economy recovers and as CSGP closes the Matterport (MTTR) acquisition. In terms of growth, the highlight is Homes.com, which has seen very strong traffic growth…
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…
luza studios Super Micro Computer, Inc. (NASDAQ:SMCI) released much anticipated fiscal third quarter results, but moreover provided an ever greater anticipated (updated) guidance. The company has seen incredible operating momentum, but as share price momentum was even greater, it was evident that expectations were sky-high. Back in February, I believed that shares were approaching bubbly…
hapabapa The stock of GE Aerospace (NYSE:GE) is on a wild upswing and received new fuel last week when the aerospace-focused industrial company beat the Street’s estimates easily and raised its forecast for operating profitability in 2024. GE Aerospace profits from order strength from a buoyant airline industry, which is seeing record passengers after the…
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…
Richard Drury I last covered the Avantis U.S. Large Cap Value ETF (NYSEARCA: AVLV) in early 2023. In that article, I argued that AVLV’s diversified holdings, cheap valuation, and good performance track-record, made the fund a buy. AVLV has marginally outperformed the S&P 500 since, slightly underperforming my expectations. AVLV Previous Article I remain bullish…
imaginima On Friday, April 26, 2024, oil and gas supermajor Exxon Mobil Corporation (NYSE:XOM) announced its first quarter 2024 earnings results. At first glance, these results were somewhat mixed. The company did manage to beat the expectations of its analysts in terms of revenue, but unfortunately, it missed their earnings expectations. For its part, the…
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,…
Dilok Klaisataporn The latest retail sales data suggests a robust consumer, leading economists to become even more optimistic about more robust economic growth this year. To wit: “It has been two years since forecasters felt this good about the economic outlook. In the latest quarterly survey by The Wall Street Journal, business and academic economists…
3alexd Summary Following my coverage of SAP (NYSE:SAP) in January 2024, for which I recommended a buy rating as I believed the SAP business model was really attractive and defensive and that it would continue to see growth momentum in the cloud, this post is to provide an update on my thoughts on the business…
Tomas Ragina/iStock via Getty Images The historical industrial success of the United Kingdom was from coal and the economic success of the United States in the past century was from oil. Turning to the 21st century and beyond, it is not exaggerated to say that China’s economy and global power will benefit from clean energy…
MicroStockHub Investment Case for Pembina Pipelines Series 5 PPL.PR.E fixed dividend preferred shares I expect a strong upside for the Pembina Pipelines Series 5 (TSX:PPL.PR.E:CA) (OTCPK:PPLAF) preferred shares over the next six to twelve months. The five-year fixed dividend for these shares will be recalculated on May 2, 2023, 30 days before June 1, 2024,…
jetcityimage Introduction It’s time to talk about Norfolk Southern (NYSE:NSC), one of the core holdings in my dividend growth portfolio. Unfortunately, the company has entered rough waters after the pandemic. It struggled with extreme volatility in post-pandemic freight demand and general supply chain challenges. Like its peers, it was hit by consumer weakness and elevated…
Derick Hudson Meta Platforms (NASDAQ:META) is set to open books for the company’s March quarter 2024 on April 24th, after the market closes, and I am bullish heading into earnings. In my view, Meta Platforms upcoming quarterly report is poised to show a sharp jump in advertising revenue, as various alternative data tracked by leading…
The Good Brigade/DigitalVision via Getty Images One of the things that I love most about home building companies is that they tend to provide plenty of financial metrics that show not only where they are today, but also where they seem to be headed. When you pair this up with economic data and make sure…
lcva2 Introduction Back in November 2023, I wrote my first article on multinational business services provider Teleperformance SE (OTCPK:TLPFF, OTCPK:TLPFY). At the time, TP shares were trading at around €140, well below their all-time high of €400 in 2021. What looked like a deep value opportunity at first glance, however, turned out to be not…
pablorebo1984/iStock Editorial via Getty Images Shares of Spanish bank Bankinter (OTCPK:BKIMF)(OTCPK:BKNIY) enjoyed a nice bump this week following strong first quarter results, helping to fuel meaningful year-to-date outperformance versus wider European financials (EUFN). With interest rate spreads and credit quality both remaining resilient given where we are in the cycle, Bankinter continues to report very…
Hispanolistic After reporting better-than-expected Q1 2024 results, Ally Financial Inc. (NYSE:ALLY) is already up more than 20% since I last covered the stock in January of this year Seeking Alpha About a year ago, I showed why comparisons between ALLY and other poorly governed financial institutions were not appropriate and indicated that the company could…
JHVEPhoto/iStock Editorial via Getty Images Shares of Ally Financial (NYSE:ALLY) jumped 7% on Thursday after reporting strong quarter. This rally added to substantial gains of 43% over the past year for ALLY as credit losses have not been as bad as some feared. Shares have also rallied 44% since I rated them a buy last…
time99lek As a leading insurance broker with a proven track record of astute capital allocation and consistent growth through various insurance pricing cycles, we think Brown & Brown (NYSE:BRO) presents a compelling long-term investment opportunity. The company’s focus on the middle-market, unique decentralized operating model, and highly effective inorganic growth strategy position it well to…
xijian Founded in 1991, RADCOM (NASDAQ:RDCM) is a company that provides a network quality assurance platform for telecommunication operators and communication service providers (CSP). All-time share performance has been disappointing since going public in 1997 at a price of $45.5. The stock initially performed quite well, hitting all-time high of $78 during the dot-com boom…
Chris Gordon /iStock via Getty Images Introduction About seven months ago, I argued Fortescue (OTCQX:FSUMF) (OTCQX:FSUGY) was a good call option on the iron ore price, and I have not been disappointed with its performance. The stock is currently still up about 25% from the September 2023 share price, while the received dividend of A$1.08…
Ricpe/iStock via Getty Images Out of the blue, EQT Corporation (NYSE:EQT) announced plans to acquire its previously wholly owned pipeline division, Equitrans (NYSE:ETRN). Equitrans has been struggling with cost overruns and judicial battling over the Mountain Valley Pipeline project, and now with the project finally at the finish line – billions of dollars over budget…
Torsten Asmus Listen below or on the go on Apple Podcasts and Spotify Yimin Xu of Cestrian Capital Research on past easing cycles, strong economic data and Fed rate cuts (0:40). Sticky inflation and bond market equilibrium (2:30). Attractive 10-year yields (5:00). This is an abridged conversation from Seeking Alpha’s Investing Experts podcast. Transcript Rena…
The Good Brigade Overview My recommendation for Constellation Brands (NYSE:STZ) is a buy rating, as I continue to expect strong performance in the foreseeable future. The strong demand momentum seems to have continued into 1Q25 (1CQ24), which sets FY25 (CY24) to a very strong start. While Beer’s segment gross margin seems poor on a headline…
JHVEPhoto Summary Moncler (OTCPK:MONRF) is a luxury brand retailer that serves a global customer base. The products they offer include multiple categories, such as outerwear, shoes, accessories, etc., for both women and men. Currently, MONC has two key brands: Stone Island and Moncler. The financial contribution between the two differs mainly in the split between…
Nearmap/DigitalVision via Getty Images Overview My recommendation for Madison Square Garden Entertainment (NYSE:MSGE) is a buy rating, as I have become more confident in the MSGE growth outlook, especially with the strong visibility through FY24 and FY25. Note that I previously issued a buy rating for MSGE as I expected performance to be in line…
Sundry Photography In my initiation report published in July 2023, I discussed IDEXX’s (NASDAQ:IDXX) recession resistant business model and their overpriced valuation. Since then, their stock price has underperformed compared to S&P 500 Index return. They finished FY23 with 8.8% organic revenue growth and 25% operating profit growth, maintaining strong growth momentum from both volume…
PhonlamaiPhoto Thesis Fluence Energy, Inc. (NASDAQ:FLNC) is a pure-play, Energy Storage global leader. Specifically, the company provides battery electric storage systems (BESS), software solutions, and service packages. I presented Fluence in a previous article and set a strong buy rating. While still holding 75% of my long-term position, providing having been a buyer at ~$6.75,…
Nikada Right at the end of 2023, I wrote an article about PIMCO Corporate and Income Opportunity Fund (NYSE:PTY), which is a fixed income biased CEF managed by PIMCO. In the article, I was rather optimistic on PTY’s prospects to register price appreciation in 2024 due to the forthcoming normalization in the interest rates that…
Monty Rakusen/DigitalVision via Getty Images The March US employment data were stronger than expected and lend support to the re-acceleration hypothesis and an extension of US exceptionalism. In Q1 24, nonfarm payrolls rose by an average of 276k. It was the strongest quarter in a year and compares with an average monthly job gain of…
PM Images Investment Thesis Jack Henry & Associates (NASDAQ:JKHY) reported results on the 6th of February, beating EPS and revenues. The price has moved up 2.1% since the results and I believe there is significantly more upside in this share price. The company sports a wide moat that focuses on providing payment processing services primarily…
baona Thesis I rate Clear Secure (NYSE:YOU) as a ‘Buy’ due to its strong growth, prudent financial management, and modest valuation. Company Overview Clear Secure is a New York City-based developer of an identity verification platform. Clear aims to make identity verification a frictionless service. The company currently has two main product offerings: CLEAR Plus…
Brett_Hondow/iStock via Getty Images Introduction Just over a year ago, I argued Richelieu Hardware Ltd. (TSX:RCH:CA, OTCPK:RHUHF) was an interesting company. Although it had just outperformed most expectations, it likely still was a good candidate to pick up on dips, as I liked its balance sheet where the total net debt position represented less than…
JHVEPhoto Overview The last time I covered Prudential Financial (NYSE:PRU) was in August of 2023 and since then the total return has surpassed the S&P 500 (SPY). The price has moved upwards of 26% and the high dividend yield has pushed the total return near 30% since then. I thought it would be a good…
Alvin Man/iStock Editorial via Getty Images Currently, original equipment manufacturers such as Boeing (BA) and Airbus (OTCPK:EADSF) are struggling to meet demand due to significant strain on the aerospace supply chain and in Boeing’s case increased scrutiny on its production processes. As a result, demand for MRO (Maintenance, Repair and Overhaul) on in-fleet aircraft is…
Chip Somodevilla/Getty Images News Written by Sam Kovacs Introduction As dividend investors, there are three boxes which we need to tick before hitting buy on a stock: We need to like the business model and its prospects. The combination of dividend yield and our estimate of future dividend growth must be attractive. The stock needs…
ImagineGolf Investment Thesis Russian government just ordered its oil producers to cut oil output to contribute to OPEC+ cuts. This comes at the same time when EIA dramatically lowered its production estimate for US shale oil. The current narrative is calling for an oil price of $100 a barrel this year. The narrative drives the…
Dilok Klaisataporn 4-Factor Dividend Growth Portfolio The 4-factor dividend growth portfolio was launched on November 1st, 2022. You can read about the strategy, stock selection process, and portfolio construction in this 4-Factor Dividend Growth Portfolio article. In a nutshell, the strategy leverages the stock selection process of Schwab U.S. Dividend Equity ETF (SCHD), or rather…
Quardia/iStock via Getty Images Investment Thesis Defiance Quantum ETF (NYSEARCA:QTUM) is a buy due to its equally weighted approach and focus on holdings in the high-potential field of quantum computing. This approach has resulted in the fund’s favorable valuation while also achieving returns roughly on par with larger tech and innovation ETFs. While a lesser…
AsiaVision/iStock via Getty Images Founded in 2009, Sprinklr (NYSE:CXM) is a US-based company providing cloud multi-channel customer experience (CX) platform. Since its IPO at a price of $20 in 2021, all-time return has been lackluster. Today, the stock trades at merely $12, down -4% over the past year, even after already bouncing back from the…