eyesfoto Investment Thesis Frontier Group Holdings (NASDAQ:ULCC) runs its operations through Frontier Airlines, offering an ultra-low-cost air transportation service. The strong point of this company is its unique business model. I believe this company has potential for growth in the future due to several reasons. Firstly, Frontier places a strong emphasis on customer experience. They…
cagkansayin/iStock via Getty Images Interest rates rose after the March CPI report indicated unexpected inflation persistence, shaking financial markets and increasing two-year Treasury yields. U.S. domestic markets extended their gains during the recent period between Index selection dates (March 14, 2024 – April 11, 2024, the “Period”). Equity markets were largely influenced by the Federal…
Jian Fan/iStock via Getty Images The following segment was excerpted from this fund letter. Lifecore Biomedical (NASDAQ:LFCR) Our laggard Lifecore has detracted ~350 bps from performance this quarter. In our FY 2023 letter, we noted our less-than-ideal experience with merger-arbitrage strategies, with Lifecore Biomedical being the sole remaining investment of this nature in the portfolio….
John Rensten/DigitalVision via Getty Images I posit that event-driven surges are frequently being mispriced as sustaining in nature. Identifying event-driven growth or event-driven headwinds that are being interpreted as secular presents substantial opportunity as prices correct. This idea will have 3 parts: The mechanics behind the opportunity Historical examples where mispricing of this nature clearly…
Anthony Bradshaw In a stunning rally, both gold and gold mining companies have surged since late February. Major buying of the precious metal by central banks around the world and concerns over the growing global debt burden have drawn investors into this often risk-off commodity. Hopes for a Fed rate cut is another macro tailwind….
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…
Ihor Lukianenko/iStock via Getty Images We started covering Accelleron Industries (OTCPK:ACLLY) even before its spin-off from ABB (OTCPK:ABBNY) and when it started trading, we remarked it was off to a good start, noting that we particularly liked the services segment because of its resilient recurring revenue. However, in our last article, we downgraded the company…
Bitcoin, the first and most popular cryptocurrency, has been making headlines with its recent surge to a new all-time high of over $72,000. This remarkable price increase has sparked renewed interest in Bitcoin as an investment opportunity, leaving many wondering what this means for their financial future. Investors may see this surge as a validation…
Steering through a sea of change in the crypto market, the investment game is experiencing a seismic shift. Spot Bitcoin ETFs already exist, signaling Bitcoin’s leap into mainstream finance and knitting it closer to conventional investment fabrics. We’ll look at the tip of the iceberg trying to imagine its true depth as well as the…
Romain Maurice Celsius Holdings (NASDAQ:CELH), owner of the fastest-growing energy brand in the world, has seen its stock conquer a new all-time high, following a fourth-quarter revenue number that crushed expectations. In the words of the CEO, the energy drink category is now a three-team race. Fundamentally, the company is firing on all cylinders, with…
Coinbase, one of the leading Bitcoin and cryptocurrency exchanges, experienced a significant outage today as Bitcoin’s price soared, leaving many users accounts malfunctioning. The disruption occurred amid a sharp increase in trading activity following Bitcoin’s surge in price, which briefly surpassed $64,000. JUST IN: Coinbase has reportedly crashed. — Bitcoin Magazine (@BitcoinMagazine) February 28, 2024…
Klaus Vedfelt/DigitalVision via Getty Images Introduction MacroGenics‘ (NASDAQ:MGNX) stock is up 230% since my “Buy” recommendation in September. Seeking Alpha Two major variables have contributed to the run. One, the macroeconomics (prospects of rate cuts later this year by the Federal Reserve) have been favorable to the biotech sector. Many stocks are up significantly without…
Yuichiro Chino/Moment via Getty Images U.S. domestic markets saw gains, the S&P 500 rising, and the Nasdaq gaining, driven by upbeat semiconductor earnings, boosting investor confidence amid lower rate cut expectations. U.S. domestic markets gained during the recent period between Index selection dates (January 10, 2024 to February 8, 2024, the “Period”). The S&P 500…
Tom Williams/CQ-Roll Call, Inc. via Getty Images Nvidia Corporation (NYSE:NVDA) reports earnings on 2/21/2024 during or after market hours. Consensus analyst estimates are for $4.56 in normalized EPS and $4.19 in GAAP EPS. Analysts expect revenue to come in at $20.33 billion. The stock has been roaring to the point that it is all everyone…
Andriy Onufriyenko/Moment via Getty Images Introduction and Investment thesis First, I’ve covered Amazon (NASDAQ:AMZN) on SA at the beginning of January last year (Amazon: My “Margin-Call”), where I took a deep dive into the company’s margin profile. I argued that the long-lasting decrease in the company’s operating margin should soon come to an end, which…
-/AFP via Getty Images ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) investors have experienced a significant surge over the past two months since it bottomed out in December 2023 at the $6.40 level. That bottom followed ZIM’s disappointing third-quarter earnings release that saw a massive reversal of fortunes for the asset-light shipping company over the past…
Caziopeia Although the appliances industry might not seem all that exciting, it does offer the potential for some significant upside if you can buy a firm in this space at a good price. That’s where the beauty of value investing comes into play and truly shines. Even a business that is experiencing a weakening of…
FABRICE COFFRINI/AFP via Getty Images Background We last covered Philip Morris (NYSE:PM) in July of 2023–you can read the article by clicking here. At the time, we were bullish on the prospects of the long-downtrodden tobacco company as it seeks to diversify its offerings and move towards a ‘smoke-free future.’ Since article, the stock has…
The introduction of spot Bitcoin ETFs triggered a massive retracement in the overall crypto market. After just four days since the introduction of spot Bitcoin Exchange Traded Funds (ETFs), the crypto market has witnessed a substantial influx of over $2.9 billion, excluding funds tied to Grayscale Bitcoin ETF (GBTC). Top Three Bitcoin ETF Issuers Among…
It is expected that the demand for Bitcoin will rise in ways that have never been seen in its entire history. Pixelmatic and JAN3 CEO Samson Mow has given one of the most “outrageous” predictions yet for Bitcoin. Mow, who has always bet big on Bitcoin, recently hinted that the BTC price may well be…
chaofann Right now, REITs (VNQ) are at an inflection point and time is running out for investors. In 2022 and 2023, REITs crashed because interest rates were rising and it caused investors to panic. On average, REITs dropped by 38% at their lowest point, and many individual REITs, including blue-chips like Crown Castle (CCI) and…
The Binance Smart Chain has also witnessed a 7% increase in the number of addresses engaging with its dApps over the past 30 days. On December 26, the native cryptocurrency of the Binance Smart Chain registered an 11% increase in price, reaching its highest value since June. This pattern reflects a continuation of the trend…
kschulze For several months, I noticed that building permits did not reflect the dour mood implied by the Housing Market Index (HMI) published by the National Association of Home Builders (NAHB). The HMI reflects builder sentiment and, until November’s 3-point rise, it declined sharply for four straight months. Yet, permits to build single-family housing rose…
Polkastarter outlined its mission for 2024, which is to level the playing field for a fairer financial system. Polkastarter (POLS), a popular decentralized fundraising platform, has stated its ambitious plans for 2024 and highlighted that it would be its best year yet. With an optimistic outlook, Polkastarter aims to revolutionize early-stage fundraising and make Web…
Justin Sullivan/Getty Images News My thesis and article update Two months ago, I conducted an in-depth analysis of Lululemon’s (NASDAQ:LULU) growth, business, and valuation. Since then, the stock has surged by 18%, attributed to the November-December market rally. Upon reflection, I believe my initial valuation may have been overly optimistic. In the forthcoming article, I…
JLGutierrez Thursday morning’s release of Jobless claims came right in line with estimates of 220K and is only marginally higher than last week’s upwardly revised number of 219K. On a four-week moving average basis, claims have totaled 220.75K, matching the level from three weeks ago. As we noted last week, before seasonal adjustment, claims usually…
Despite the subdued overall interest, a group that remains consistently passionate is the die-hard Bitcoin maximalists. In recent weeks, Bitcoin price has once again captured the attention of the financial industry as it surged above $44,000, a level not seen since May 2022. However, this rally seems to lack the fervor and widespread interest that…
An unexpected release forced Rockstar Games to publish its GTA VI trailer a day earlier. Gaming tokens in the crypto space celebrated the development. Rockstar Games, the powerhouse behind the Grand Theft Auto franchise, dropped the much-anticipated trailer for Grand Theft Auto VI (GTA VI) a day earlier than planned, sending shockwaves through both the…
El Salvador’s national Bitcoin treasury may be back in the green. At least, that’s the latest data from NayibTracker.com, a website dedicated to following the performance of El Salvador’s President Nayib Bukele‘s decision to invest in Bitcoin in 2021. The website tracks the time and date of known purchases, as well as those that Bukele has pledged…
Sakorn Sukkasemsakorn Investment Thesis Denison Mines (NYSE:DNN) is well placed for strong uranium prices. Earlier I had stated in a bullish analysis that, Denison has a reasonably clean balance sheet, with approximately CAD$47 million in cash and equivalents. It’s not a particularly large amount of cash. But what it lacks in cash, it more than…
georgeclerk Stocks rallied big in November. A late spurt into the month’s end, despite a modest pullback on Thursday, capped off one of the S&P 500’s (SP500) best months of the past three decades. All told, the SPDR® S&P 500 ETF Trust (SPY) surged 9% to climb ever closer to a 52-week high. The Invesco…
Tony Anderson Forestar Group (NYSE:FOR) has seen solid price movement over the past year even with strong macro headwinds beating down on the housing sector. I believe that Forestar is currently a buy due to being undervalued, hedging against headwinds, and having a fair balance sheet positioned for the long term Business Overview Forestar Group…
monsitj From its November 2022 low to its recent high, Bitcoin (BTC-USD) as well as the Grayscale Bitcoin Trust (OTC:GBTC) is up 145% within 12 months. But of course, it wasn’t easy to ride this rally if you didn’t have a good entry or are a long-term holder. Until the summer top, Bitcoins recovery was…
COIN shares immediately saw a surge in trading activity leading to a 5.14% increase in their stock price. Coinbase Global Inc (NASDAQ: COIN) shares as well as tokens of some Ether (ETH) liquid staking platforms are reacting to reports that giant asset manager BlackRock has filed for a spot ether exchange-traded fund (ETF) recently. According…
imaginima Surge Energy Inc. (TSX:SGY:CA) (OTCPK:ZPTAF) is long overdue to give their loyal shareholders a bigger slice of the pie. The company has come under fire in previous years for making poor acquisitions and managing debt poorly. The company is about to have Net Debt/EBITDA under 1x for the first time in over 10 years….
brightstars By Ewa Manthey Gold surges on safe-haven bets Gold dropped to a low of around $1,810/oz on 4 October after the release of strong US jobs data fueled expectations for a further US rate hike before the end of the year. Then, the direction of gold prices quickly changed following the outbreak of Israel-Hamas…
With how LINK is moving in recent times and its historical precedent, there are indications that it may serve as a market leader once again, potentially triggering another bullish trend. Chainlink (LINK), a decentralized blockchain oracles service provider has emerged as a standout performer, witnessing an astounding 50% increase in its price as the crypto…
Market observers believe that Bitcoin is nearing a pullback after its momentum this week. Data from Cryptogambling.tv has revealed a surge in ‘Buy Bitcoin’ searches by Google users globally. Worldwide, “Is it a good time to buy Bitcoin?” saw a 110% gain over the last week, according to Google Trends. In the UK alone, the…
boggy22 By Breakingviews UniCredit (OTCPK:UNCRY)(OTCPK:UNCFF) and Barclays (BCS) have very little in common aside from a shared history as two of the lowest-valued European lenders. Along with Deutsche Bank (DB) and Société Générale (OTCPK:SCGLY), they’ve often traded at half or less of tangible net asset value. This year, however, the Italian group led by Andrea…
Rise in the US Treasury Yields put pressure on the market resulting into bearish weekly start on Wall Street. Yields surge past 5% with Fed planning for higher-than-longer interest rates. Macro pressure continues to hover over Wall Street as the 10-year US Treasury yields surged higher even today on Monday, October 23. The treasury yields…
Yields surge Treasuries sold off sharply early Tuesday after Sept. retail sales figures came in much stronger than expected, while Wall Street’s major averages ended near the flatline. The 10-year Treasury yield (US10Y) jumped to as high as 4.84% on Tuesday, while the 2-year yield (US2Y) rose to 5.22%. See how yields are trading across…
Even though social finance ideas are not new, Tomo and other platforms are looking to diversify the services made popular by FriendTech. The total value locked (TVL) in each of the smart contracts of social media-based finance protocols Tomo and New Bitcoin City is now over $1 million. That is according to current data from…
JHVEPhoto In my previous update on Shopify Inc. (NYSE:SHOP), I upgraded the stock, anticipating a recovery, following my May 2023 caution. That upgrade was timely, as SHOP surged to its August highs, lifted by the surprise announcement of a deeper integration with Amazon’s (AMZN) Buy with Prime. However, that surge proved to be an astute…
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on Thursday targeting two tanker owners involved in shipping Russian oil that exceeded the established price cap. In a recent development, oil prices saw a remarkable surge, rising by 4% earlier today, following the United States’ decision to intensify sanctions against…
andresr/E+ via Getty Images W. P. Carey Inc. (NYSE:WPC) showcased a remarkable financial performance in the second quarter of 2023, with its revenues experiencing a significant surge. WPC’s growth is attributed to its Real Estate segment, net investment activities, contributions from the CPA:18 Merger, and rent escalations. This article presents WPC’s financial performance and technical…
The analysts stressed that centralization, whether caused by specific entities or inherent features of the protocol, presents significant risks to the Ethereum network. This In recent months, the Ethereum (ETH) staking ecosystem has witnessed significant growth following the implementation of the Merge and Shanghai upgrades, transitioning the network from proof-of-work to proof-of-stake blockchain. However, this…
Andrii Yalanskyi While long-term interest rates stabilized, the major market averages all edged lower, as investors brace for this morning’s jobs report, which pundits say will help determine whether the Fed holds steady or raises rates again at its November meeting. Weekly unemployment claims remain stubbornly low with just 207,000 filing in the latest week,…
This ruling marked a crucial victory for Ripple, instantly boosting XRP’s price by almost 5%. When Ripple achieved its first victory, although a partial one, in July, the price of XRP spiked from $0.46 to $0.93 in just 10 hours, a stunning 100%+ increase. A federal judge in the United States, Analisa Torres, rejected the…
Being the largest US retailer, Walmark will boost the popularity of Pudgy Penguins by offering a variety of 16 Pudgy Toys, priced from $2.99 to $11.97. The weekly trading volume of the prominent NFT project, Pudgy Penguins, experienced a significant surge after its collaboration with the retail giant Walmart. Between September 24 and October 1,…
The longstanding partnership between Microsoft and AMD has been a strategic alliance that has shaped the tech industry in various ways. A recent report has revealed that shares of Advanced Micro Devices Inc (NASDAQ: AMD) rose nearly 5% on Thursday following comments from Kevin Scott, the Chief Technology Officer of Microsoft Corp (NASDAQ: MSFT) about…