da-kuk Iris Energy Limited (NASDAQ:IREN) recently noted a new 2024 harsh rate of 20 EH/s expected after the purchase of new NVIDIA GPUs, with two data centers to be completed in 2024. Assuming new operating efficiency from artificial intelligence and the double-digit growth of the Bitcoin mining industry, IREN could receive a significant amount of…
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,…
DenGuy/E+ via Getty Images Thesis Shares of Aris Water Solutions, Inc. (NYSE:ARIS) nearly doubled in the past three months. They grew from $7.74 on January 19 to $15.15 on April 9. However, we need to take those numbers in context, because the shares had been at more than $20 in the summer of 2022, and…
hirun Summit Midstream Partners (NYSE:SMLP) is a company we discussed recently as a valuable investment, with a strong portfolio of assets. However, we also highlighted the company’s debt load as a risk. Since then, the story has changed. The company announced the sale of its Utica shale midstream assets for $625 million to longtime partner…
matdesign24/iStock via Getty Images PaySign, Inc. (NASDAQ:PAYS) continues to deliver double digit net sales growth driven by successful investments in prepaid card-based payment solutions targeting the plasma donation industry. With 465 plasma centers and 6.4 million cardholders as well as sponsorship with large banks and card companies, I believe that operating margin and FCF could…
pcess609 The data in the article below is sourced from Lipper’s Global Fund Flows application. GFF can be found on LSEG Workspace (“Fund Flows”). During LSEG Lipper’s fund flows week that ended March 27, 2024, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the second straight week, removing…
Giselleflissak Investment Thesis Together with its Q4 2023 results, Toast, Inc. (NYSE:TOST) guided for a significant improvement in profits for 2024. Now, there’s a bull and bear case. The bull case undoubtedly points to its debt-free status, with 5% of its market cap made up of cash. Thereby leaving Toast in a very strong position…
Richard Drury Legendary investors Warren Buffett and Peter Lynch have both used versions of the quote: Selling your winners and holding your losers is like cutting the flowers and watering the weeds. This quote is so true and – as a value investor – can be quite difficult for me to apply consistently. If a…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin has had another period of intense and record-breaking success, spurred on both by positive developments…
Yaroslav Litun/iStock via Getty Images When the recently listed Ispire Technology Inc. (NASDAQ:ISPR) announced its latest quarterly results on Feb. 20, investors were underwhelmed by its story of the vaping market’s big potential. The stock fell by nearly 10% over the next few days despite a 31% revenue increase to $41.7 million for the three…
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…
Natee127 Similarweb (NYSE:SMWB) has always been a company we liked. Even for investor intelligence, its tools have been useful, and over the years they’ve been improving their product and perfecting their monetisation scheme. The key strategic considerations are to have a lot of action at the top of the funnel, and then effectively upsell customers…
SmileStudioAP Investment Thesis Zscaler’s (NASDAQ:ZS) Chief Operating Officer has resigned, effective immediately. Given that Zscaler has succeeded in once again reigniting its traction and revenue growth rates, I declare that investors should look beyond this resignation as a material detraction from the bull case and instead focus on the company’s underlying prospects. According to my…
ArtistGNDphotography Investment thesis My initial “Strong Buy” rating for D.R. Horton (NYSE:DHI), which I shared in early September, aged exceptionally well because the stock has rallied by 35% since then. To add context, the S&P 500 appreciated 6.5% over the same period. Today, I briefly summarize recent developments and share my FQ1 2024 earnings preview….
Panupong Piewkleng Thesis EMCOR (NYSE:EME), a business in the mechanical and electrical construction industry, shows a strong financial profile characterized by consistent and great revenue growth and strong operational performance. The company’s core focus on expanding sectors like semiconductors, data centers, and sustainable construction, with its lower-than-average P/S and P/E ratios, make me believe it…
Matteo Colombo Introduction I have to say, chances are I’m not the world’s biggest fan of Crown Castle (NYSE:CCI) stock. The telecommunication real estate giant with a market cap of roughly $50 billion is not growing very fast. Full-year 2023 adjusted funds from operations (“AFFO”) are expected to grow by 2%, followed by an 8%…
ugurhan Blackstone Secured Lending Fund (NYSE:BXSL) is a business development company or BDC externally managed by Blackstone Credit BDC Advisors. As a result, BXSL benefits from Blackstone Credit’s massive scale while leveraging its parent, the leading alternative asset manager, Blackstone Inc. (BX). BXSL benefits from Blackstone Credits’ “strong backing and potential access to high-quality investment…
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…
onurdongel Introduction As the United States enters a phase of intensified investment in infrastructure, the role of Ferguson Plc (NYSE:FERG) becomes increasingly important. Specializing in distributing various plumbing and heating supplies, Ferguson is a significant entity in the supply chain for infrastructure projects. Originating from a background in sheep shearing machinery, the company’s journey to…
Zolak Co-authored with Beyond Saving. Today, I want to take a broad look at preparing for retirement or achieving any other investing goal. Unfortunately, too many people skip past the most fundamental steps of managing a portfolio, and as a result, they find themselves aimless in the market. They buy or sell based on whim…
Julia_Sudnitskaya/iStock via Getty Images We previously covered NIO Inc. (NYSE:NYSE:NIO) in September 2023, discussing its mixed FQ2’23 earnings call, attributed to the underwhelming top/ bottom lines and the likelihood of it missing the previous FY2023 delivery guidance. We had opted to rate the stock as a Hold then, since it was uncertain if the automaker’s…
bjdlzx In many business transactions, there are both winners and losers. One such example can be seen by looking at the recent news that broke regarding telecommunications giant AT&T Inc. (NYSE:T). On December 4th, the management team at the firm announced that it had struck up a deal to collaborate with Telefonaktiebolaget LM Ericsson (publ)…
Elena Bionysheva-Abramova/iStock via Getty Images The Q3 Earnings Season has come to an end and one of the first companies to report its results was Gold Royalty Corporation (NYSE:GROY). Overall, the company had a better quarter sequentially with a lower adjusted net loss and much higher total revenue and land agreement proceeds, as well as…
When TinyTap introduced the concept of Publisher NFTs, it aimed to use it to support content creators in the line of education and publishing. Animoca Brands announced that Season 2 of its Publisher NFTs surpassed all expectations, having already sold out. It shared this in a recent announcement, revealing that the sale of all 720…
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…
takasuu/iStock via Getty Images Introduction Who wants to be a dividend collector? Me! Many here on Seeking Alpha are also huge fans of collecting dividends. That’s probably why you’re reading this article honestly. A fellow analyst, Austin Rogers, recently wrote an article titled, “How To Live Off Dividends Forever.” I’m a big fan of Austin….
One of the fundamental limitations of the Lightning protocol is how payment routing is handled and accomplished. It is entirely source routed, meaning that the sender of a payment is the one who constructs the entire route from themselves to the receiver in order to facilitate the payment. This presents an issue when it comes…
MasterCard says it has devised a solution that helps it tokenize (or wrap) CBDCs onto different blockchains. Global payments platform Mastercard Inc (NYSE: MA) has announced the successful completion of an experiment it carried out using wrapped central bank digital currencies (CBDCs). As Coinspeaker reported in March, the company had the help of the Reserve…
NicolasMcComber/iStock Unreleased via Getty Images Back in April, I wrote that GameStop (NYSE:GME) was facing numerous headwinds and that the valuation didn’t make much sense, placing a “Sell” rating on the name. With the stock down over -20% since then and down -35% since I reiterated my “Sell” rating, let’s catch-up on the video game…
JHVEPhoto What’s the best-performing sector in 2023? You might say something tech-related. While that is true among large-cap US equities, small and mid-sized companies within the Industrials sector shine brightest among the 11 market groups. It’s not all rosy, though. Higher interest rates and overall corporate pessimism are key risks for business services companies. I…
Andy Flury is founder and CEO of Wyden, a company providing institutional trading technology for digital assets. Over the past nine months, Bitcoin has seen a surge of around 50 percent. Blackrock, the world’s largest asset manager, has applied for a BTC ETF. And Germany’s largest credit institution, Deutsche Bank, is currently in the approval…
The success highlighted by the feat reinforces the popularity of WaaS. Web3 infrastructure provider Particle Network has said that its rollout of Wallet-as-a-Service (WaaS) V2 is proving to be a huge success. According to a recent press release, the company saw more than 15 million wallet activations in under a year since it launched the…
greenbutterfly I had analyzed Confluent (NASDAQ:CFLT) in February, at $25, planning to buy on declines, around $20. My patience paid off as I managed to buy between $20 and $21. Here is a summary of the major reasons from my earlier article for buying the stock. The demand for real time, low latency data streams…
G0d4ather/iStock Editorial via Getty Images Introduction It’s time to talk about a company that makes me mildly nervous. That company is the Georgia-based AGCO Corporation (NYSE:AGCO). Its much larger peer, Deere & Company (DE), is one of my favorite and largest dividend growth holdings. While I stick to everything I’ve ever written in my Deere…
kaetana_istock/iStock via Getty Images At a Glance In my previous analysis, I recommended a “Sell” position on Cytokinetics (NASDAQ:CYTK), a sentiment I largely maintain. The company faces heightened scrutiny with a declining revenue base, which fell from $89M to a meager $0.9M in Q2 2023. Aggressive R&D spending of $83.2M, largely funneled into cardiac myosin…
Vladimir Vladimirov Introduction Savara (NASDAQ:SVRA) is a clinical-stage biopharmaceutical firm specializing in rare respiratory diseases. Based in Austin, Texas, its lead product, molgramostim, is in Phase 3 for treating autoimmune Pulmonary Alveolar Proteinosis (aPAP). The following article analyzes Savara’s financials, drug pipeline, and market prospects. It highlights the company’s strong cash position and focuses on…
Few stories in global development are as compelling as that of Singapore, a small city-state that moved “From Third World to First” within just a few decades. The strategic vision of its founding father, Lee Kuan Yew, combined with the country’s commitment to a robust business environment, education, and stringent anti-corruption measures, all contributed to…
phototechno Investment thesis Our current investment thesis is: Endava has achieved impressive growth, well in excess of its peers, while also having superior margins, driven by an alternative approach to competition. The company has developed a strong brand, is focused on complex transformational exercises, is active in conducting M&A, and seeks to recruit high-performing individuals….
valentinrussanov Overview My recommendation for Sprout Social (NASDAQ:SPT) is a buy rating despite the weak share price action post-result. I think investors are focusing on the wrong headline metric (total customer count declining), as it is a matter of mix. As SPT continues to churn away non-core subs, I expect the financials and metrics to…
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…
okskaz/iStock via Getty Images China’s BeiGene Ltd. (6160.HK; 688235.SH; NASDAQ:BGNE) has underlined its status as a rising star of the global drugs industry, posting a big jump in quarterly sales of its trademark cancer medicines. But the upstart drug developer is facing resistance from other top brands in the field of cancer therapy, and has…