William Barton Thesis GSK plc (NYSE:GSK) trades at low price multiples relative to competitors. At the surface, it looks like a good buy. However, in my opinion, the lower multiples reflect weaker later stage pipeline relative to competitors. Current pipeline will not face significant patent expirations over the next couple of years, but GSK needs…
Bet_Noire As tensions in the Middle East flare up yet again and as we enter election season, putting on some shorter-term tactical energy trades on top of existing oil and gas investments makes some sense. Currently, energy traders are anticipating a squeeze in deliverable supplies of oil and a sharp depletion of inventory over the…
scalatore1959/iStock via Getty Images Overview I previously covered Hercules Capital (NYSE:HTGC) back in August of 2023. Since then, HTGC has delivered a total return of over 13% due to the consistent NII (net investment income) growth and high dividend distributions. The price has run up over the last 6 months and now the dividend yield…
In a significant milestone for spot Bitcoin exchange-traded funds (ETFs), BlackRock’s spot Bitcoin ETF has recorded over $1 billion in trades today alone, according to Bloomberg Senior ETF Analyst Eric Balchunas. This achievement underscores the growing demand for Bitcoin investment products and highlights the increasing acceptance of Bitcoin within traditional finance. MILESTONE $IBIT has traded $1b worth of…
PM Images Overview While my portfolio is already heavy-weighted with BDCs (business development companies), I continue to get pulled in by the appeal of these high yielding opportunities. TSLX has a solid performance history and juicy high yield of 8.6%. Sixth Street Specialty Lending (NYSE:TSLX) operates as a business development company, offering a diverse range…
PM Images/DigitalVision via Getty Images Written by Sam Kovacs Introduction During the past year, I have been successfully been selling put options to generate double-digit cash yields. I say I, but it really has been a family effort. Whilst I’ve been behind most of the design of the strategy, my father Robert and younger brother…
anouchka Thesis Gabelli Global Deal Fund (NYSE:GDL) is a closed-end fund that is part of famed value investor Mario Gabelli’s GAMCO investment complex. GDL has a long track record of outperforming its benchmark via expert management using a niche investment style. Despite strong performance, GDL trades at a 20% discount to NAV. GDL invests in…
Darren415 In this article, we provide an update on the PIMCO CEF suite. Specifically, we discuss the changes in leverage and distribution coverage for the month of November. We also highlight PIMCO’s tactical moves in the context of the recent drop and subsequent retracement of credit asset prices. Coverage Update Coverage across tax-exempt funds ticked…
baona/iStock via Getty Images By Andrew Prochnow For those exploring fresh investment and trading strategies for 2024, considering the long technology versus short financials pairs trade could be worthwhile. This approach may be particularly advantageous for individuals who are already positioned on the long side of the technology sector, either through individual stocks or ETFs….
Cristian Martin Pampa Energia (NYSE:PAM) is one of the leading Argentinian energy companies, with operations spanning generation, petrochemicals, natural gas extraction, and the gas and electricity transportation networks. I wrote about PAMP in March 2023 (buy), and January 2022 (hold). These articles contain a more detailed revision of PAM’s operations. In the March 2023 article,…
Wirestock/iStock via Getty Images Nautilus Biotechnology (NASDAQ:NAUT) is trying to make molecule protein fingerprinting systems for the benefit of pharmaceutical development and diagnostics. It’s a proteomics play. The market size could be rather large, and Nautilus trades at about net-asset value, with its market cap barely exceeding the net value of cash and investments. We…
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. Topics this week: Paul Tudor Jones 3 Trades Bitcoin, Ethereum and BNB Last week, I wrote…
Chunumunu Five IPOs raised a combined $5.4 billion this past week, led by the blockbuster IPO of Arm (ARM). Three issuers submitted initial filings. The largest IPO of 2023 so far, Arm priced at the top of the range to raise $4.9 billion at a $52.9 billion market cap. Arm is an industry leader in…
Jonathan Ross/iStock via Getty Images RLJ Lodging Trust (NYSE:RLJ) is a hotel-based REIT that owns a portfolio of 96 premium-branded full-service hotels (21,200 rooms combined) in 23 states. Most of the company’s hotels are located in the heart of major cities in order to capture both business and leisure travelers. Some of the premium-branded hotels…