Image Source/DigitalVision via Getty Images Investment action I recommended a buy rating for Bombardier (TSX:BBD.B:CA) (OTCQX:BDRBF) when I wrote about it during March last year, as I expected the business to achieve its FY25 EBITDA target, and when that happens, the stock should at least trade back to its historical average EBITDA multiple. BBD.B:CA share…
marrio31 Shares of Viking Therapeutics (NASDAQ:VKTX) have surged in the last 12 months, driven by the success of its obesity candidate, the subcutaneously administered VK2735. VK2735’s efficacy, safety and tolerability data to date look very competitive, even when compared to the so-called triple G agonists such as Eli Lilly’s (LLY) retatrutide. And more recently, the…
Sundry Photography/iStock Editorial via Getty Images Elevator Pitch I have a Buy investment rating for Aptiv PLC (NYSE:APTV) shares. My prior article written on November 18, 2023 drew attention to the United Auto Workers strike’s effects and the company’s profitability outlook. This current update reviews Aptiv’s most recent quarterly financial performance and its shareholder capital…
jeffbergen Investment summary My recommendation for Oracle (NYSE:ORCL) is a buy rating, as I am confident that ORCL can hit its FY26 targets given its solid execution and growth momentum. In particular, leading growth indicators are suggesting growth acceleration ahead. On a relative valuation basis, ORCL also screens really well against SAP, which is trading…
Khanchit Khirisutchalual monday.com (NASDAQ:MNDY) is a relatively new position in my portfolio. After updating my valuation following Investor Day in Dec-23 and the guidance provided in the February Q4-23 earnings call, I rate the stock a BUY with a $277/share 1Y price target (+29% 1Y upside). At these levels, the company is a compelling investment…
wavemovies Introduction & Investment Thesis I initiated a Buy rating on Wix (NASDAQ:WIX) on February 16. My bull thesis was predicated on my belief that the company continues to drive strategic growth in its Partners business by launching Wix Studio, as well as rapidly innovating on its AI product offerings while expanding profitability. Since then,…
Target Corporation (NYSE:TGT) Q4 2023 Earnings Conference Call March 5, 2024 9:00 AM ET Company Participants John Hulbert – Vice President Investor Relations Brian Cornell – Chair & Chief Executive Officer Christina Hennington – Chief Growth Officer Michael Fiddelke – Chief Operating Officer, Chief Financial Officer Rick Gomez – Chief Food, Essentials and Beauty Officer…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
Justin Sullivan Target Overview I previously covered Target (NYSE:TGT) back in September 2023 and rated the stock as a Buy. The target stock price back then was about $123/share. We’ve since seen the price appreciate by about 20% in comparison to the S&P 500’s (SPY) 12% upside over the same period. The TGT dividend growth…
Bloomberg/Bloomberg via Getty Images Elevator Pitch I continue to assign a Buy rating to ORIX Corporation (NYSE:IX) [8591:JP]. My November 20, 2023, update touched on IX’s asset divestments, and the outlook for ORIX Corporation’s international renewable energy business and Banking & Credit business. In this article, I review ORIX Corporation’s most recent quarterly financial performance…
Cathie Wood Predicts $4 Billion Inflows in Ark 21Shares Bitcoin ETF In a recent statement, Cathie Wood, head of ARK Invest, revealed that her fund is actively engaging with a diverse range of institutions, including state pension funds and treasurers. The objective is to secure initial investments into the Ark21Shares Bitcoin ETF, with the ticker…
The bank also anticipates a potential flow on the lower side of its projection. On the opposite end, it foresees inflows reaching $130 billion, considering an estimated range of $50-100 billion in 2024 as reasonable. Various applicants for spot bitcoin ETFs also envision substantial capital entering the market. For example, VanEck predicts $1 billion in…
sanfel Target Corporation (NYSE:TGT) is one of the largest and most successful retailers in the United States, with a market cap of $65.81 billion and annual revenue of nearly $110 billion. The company has been able to differentiate itself from its competitors by offering a wide range of products, from essentials to discretionary items, at…
ArtistGNDphotography A handful of crypto stocks have gone parabolic in price action this month. While Bitcoin, Ether, and other more speculative coins have shot higher in Q4 2023, many digital-asset equities have seen even more pronounced upside moves since October. This is a time when risk management is needed, in my view, and I will…
Marina_Skoropadskaya Velo3D’s (NYSE:VLD) third quarter results were soft, which the company attributed to shipment delays. A strategic realignment, the exit of the CEO and pursuit of a potential sale could hint at larger issues though. This doesn’t appear to be a macro problem either, as most of Velo3D’s sales are to customers that are less…
Scott Olson Retailers were awful earlier this year as rising rates crimped confidence from both consumers’ willingness to spend, and Wall Street’s willingness to believe consumers would spend. Inflationary pressures have had myriad impacts on retailers, but retail sales continue to buck conventional wisdom. That doesn’t mean retailers are out of the proverbial woods by…
PhanuwatNandee Dear readers/followers, K+S, a fertilizer and salt company, has seen a decline in its earnings due to a contraction in the fertilizer market. The company’s annual expected EBITDA is significantly lower than previous years, but sales volumes are expected to remain stable.’ We’ve seen yet another 10% negative RoR since my last article on…
Dan Tapiero also shared insights into his bullish Bitcoin price prediction emphasizing on the cryptocurrency’s role as a monetary network and immutable, distributed ledger. Bitcoin has been flirting around $37,000 levels for a while and has left investors confused over what could be its next direction. Long-term investors continue to stay bullish over its future….
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…
Jirsak/iStock via Getty Images The transition from a Big 3 investment manager oligopoly to an advanced advisor-dominated participant-centric industry is happening now, as Advisors play a key role in the transformation. Despite their popularity, target date funds (TDFs) are one-size-fits-all-set-it-and-forget-it approaches that are limited in their suitability because investing is personal. Here’s what’s happening now…
Historically, BTC does have a rally before its halving occurs. However, the most certain part of the halving is the rally that comes after the event. Popular social media trader Titan of Crypto has once again affirmed that Bitcoin (BTC) will hit a pre-halving price target of $50,000. He made the announcement late Sunday, as…
Tammi Mild/iStock via Getty Images iShares Russell 2000 Growth ETF (NYSEARCA:IWO) is a passively managed investment vehicle that amalgamates small-size and growth factors. This is a precarious proposition, and the factor story inside its portfolio is not the one I like. As we have seen earlier this year, the zeitgeist is fickle, and we certainly…
Fed chair Jerome Powell and the rest of the committee are convinced of slower economic growth in the coming quarters amid softening labor market conditions. For the second consecutive meeting, the United States Federal Reserve Committee chose to hold its prior interest rate hikes at between 5.25 and 5.50 percent during Wednesday’s largely anticipated FOMC…
jimkruger Target (NYSE:TGT) is firing on few cylinders. I dug into the latest batch of Bank of America card data and found that the sore thumb among a handful of consumer stocks was the Minnesota-based retail chain. Still, with decent cash flow and compelling valuation metrics, I am upgrading this unloved name from a hold…
angkhan Introduction One of the things I discuss in almost every single oil and gas-focused article is the declining growth rates of U.S. shale production. After the Great Financial Crisis, the shale revolution in the U.S. caused the global oil supply to rise. In 2007, the U.S. produced less than 1 million barrels of oil…
Ales_Utovko Lockheed Martin Corporation (NYSE:LMT) posted its third quarter results on the 17th of July before the opening bell. Year-to-date, shares have lost around 7% of their value. Indeed, there are some challenges ahead, but the current environment for defense equipment and services provides an appreciable backdrop. Lockheed Martin Q3 2023 Results: Revenues Grew, Earnings…
fbxx In this article on Moncler S.p.A. (OTCPK:MONRF), I provide a brief update on the company. In my previous articles, I had pointed out that despite the impressive growth figures, the company was approaching its price target in a way that made it less attractive. As anticipated in the article, the previous target price was…
Sean Gallup Investment Thesis While PayPal’s (NASDAQ:PYPL) stock has recently hit a six-year low at $53.94 per share, the anticipation of a remarkable threefold increase in the projected EPS to $4.95 for the coming year paints a compelling growth story. Despite this growth potential, the stock price hasn’t seen a corresponding uptick, raising questions about…
Kevin Dietsch Jay Powell is due to speak on Thursday and could deliver a message that shifts the heavy lifting of bringing inflation down from the Fed to the market. This last step seems essential if the Fed is to achieve its goal of getting inflation down to 2%. It seems likely that Powell will…
shotbydave/E+ via Getty Images Back in March, I wrote a bullish article on Weatherford International (NASDAQ:WFRD) saying that the company trades at a large discount to international rivals and that it should benefit from an upswing in E&P CapEx spending after years of underinvestment. Since then the stock has returned over 50% versus a -6%…
Scott Olson Thesis Target Corporation (NYSE:TGT) has experienced a poor year, marked by a YTD decline of nearly 16%. This contrasts sharply with the S&P 500 performance during the same period. I believe there is a disconnect between fair value and the current price, which is why I believe we have an interesting buy opportunity…
Moussa81 Part I – Introduction Toronto-based Kinross Gold Corporation (NYSE:KGC) released its second quarter 2023 results on August 2, 2023. Note: I have followed KGC quarterly since 2015. This new article is a quarterly update of my article published on May 22, 2023. Kinross Gold owns a high-quality assets portfolio: KGC owns six producing mines…
joji/E+ via Getty Images Investment Action Based on my outlook and analysis of The Vita Coco Co. (NASDAQ:COCO), I recommend a buy rating. I expect COCO to continue tracking against its growth targets, albeit with a slowdown in FY24 due to the private label transition. The strong growth and EBITDA margin expansion should support its…
Oriaz I provide monthly overviews for orders, cancellations, deliveries, and other order book mutations for Airbus SE (OTCPK:EADSF, OTCPK:EADSY). While the release of monthly orders and other order news does not always directly impact the Airbus stock price, it’s important to keep track of the orders and deliveries because this provides the smallest blocks of…
jentakespictures With Lululemon (NASDAQ:LULU) set to report its Q2 earnings at the end of the month, I wanted to preview its earnings. The stock is up over 25% since my initial bullish write-up in March, easily outpacing the over 12% gain in the S&P. I also raised my price target in July to $450, as…
TERADAT SANTIVIVUT Written by Nick Ackerman, co-produced by Stanford Chemist. BlackRock 2037 Municipal Target Term Trust (NYSE:BMN) came to the market on October 26th, 2022. The fund is a bit unusual in that it went for the target term structure rather than the more common term structure in the last several years for closed-end funds….
jewhyte/iStock Editorial via Getty Images On our last coverage of RioCan Real Estate Investment Trust (OTCPK:RIOCF) (TSX:REI.UN:CA), we held it at a “hold” and suggested investors look elsewhere for lower risk returns. Specifically we said, So for us RioCan is a no-go at this stage of the cycle. Sure, it can go up, but the…
Irina Gelwich/iStock Editorial via Getty Images After analyzing Enagás Q2 results (OTCPK:ENGGF, OTCPK:ENGGY), we are back to providing new insight. At the Lab, we are Enagás’ investors with skin in the game; however, we are no longer bullish on the company’s potential upside. We were first believers in Enagás’s Crucial Role In The EU Energy…