Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Factory profits in China have retreated from a two-year high, according to official data, highlighting concerns that industrial overcapacity is complicating Beijing’s efforts to revive momentum in the world’s second-biggest economy.  Industrial profits at…
Bloomberg/Bloomberg via Getty Images US investors have to dig and claw to find quality high-yield names. Goldman Sachs reports that the current dividend yield on the S&P 500 is a scant 1.45% as of late February 2024. It could be a sign that the market is getting pricey, though the beaten-down Energy sector trades at…
Helder Faria/Moment via Getty Images With consumers increasingly obsessed with online shopping, sometimes it’s nice to look over a more traditional company with a more straightforward bricks-and-mortar business model within an easy to understand industry. Today we’ll be looking at Ethan Allen Interiors (NYSE: ETD), a home furnishing manufacturer and retailer that dates back to…
JHVEPhoto/iStock Editorial via Getty Images Mega-project construction company Tutor Perini (NYSE:TPC) had a series of negatives earlier this year including a cancellation of a major road project, a loss of an appeal in federal court, and an S&P downgrade of their debt to “B-” from “B+”. But with continued strong cash flow and a $2.95…
Sitthiphong Despite the rally in the S&P 500 in 2023, many smaller cap stocks continue to be trading at near-depressed levels. This gives investors who have the stomach for increased volatility plenty of opportunities. One company I’d like to discuss is Green Dot (NYSE:GDOT). Understanding the Business Potential Just a brief background on the company,…
Ignatiev Investment Thesis SMART Global Holdings, Inc. (NASDAQ:SGH) presented investors with disappointing results. Initially, I was optimistic about the stock, anticipating that its operations would stabilize following the spin-off of its Brazil business. However, this expectation proved to be incorrect. Instead of doubling down on my rating, I have decided to disengage from this stock….
Daniel Balakov As a telecom company with deep Russian roots, VEON (NASDAQ:VEON) has been on my radar for years. Although, most of the time it was a long-suffering stock, which brought huge losses for investors only if you haven’t bought it at the very bottom around this and last year. Underwhelming profitability, huge debt load,…