hanohiki/iStock Editorial via Getty Images Mercedes-Benz Reports Earnings Although Mercedes-Benz (OTCPK:MBGYY, OTCPK:MBGAF) reported its Q1 earnings and added yet another piece to the puzzle of the situation automakers are facing. Mercedes shares have performed well this year, with a YTD return of 12.5%. Moreover, the company seems to have been little shaken by its earnings,…
piranka Roper Technologies’ (NASDAQ:ROP) business has changed enormously in recent years, with the company now generally focusing on vertical SaaS businesses. In many ways this is a positive as Roper’s margins are now higher and its revenue is more predictable. Given Roper is acquiring these businesses rather than building them, it is less clear how…
jhorrocks Introduction LGI Homes (NASDAQ:LGIH) has seen a relatively good amount of share price volatility over the past 12 months going from low-$100/share to over $130/share down to mid-$80/share, back up to over $130/share, and now down to mid-$90/share. I can’t say I’m totally surprised – my casual observations have been that homebuilders are more…
OpenRangeStock/iStock via Getty Images I covered SNDL (NASDAQ:SNDL) last April and gave the company a Hold rating. The stock has gained 26.81% since my coverage. Most of the gain occurred in the last thirty days and surrounds the current cannabis sector rally. I continue a Hold rating for SNDL and will consider in this article…
mdesigner125/iStock via Getty Images There is peace even in the storm” – Vincent van Gogh Today, we put QuidelOrtho Corporation (NASDAQ:QDEL) into the spotlight. The stock has lost just over a third of its value over the past few weeks as the company missed quarterly expectations, let go of its CEO and has seen several…
stanciuc By Jose A. Pluto, CFA After a difficult period, commercial mortgage-backed securities are benefiting from a more favorable macro backdrop and improved sentiment. Coming into 2024, commercial mortgage-backed securities (CMBS) were among the most dislocated sectors in fixed income, with yields at levels seldom seen outside of extreme environments like the Global Financial Crisis…
Editor’s note: Seeking Alpha is proud to welcome Bargain Buyer as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » PETER PARKS/AFP via Getty Images Investment Thesis I believe…
picture alliance/picture alliance via Getty Images Bumble Inc. (NASDAQ:BMBL) is a player in the online dating market with a market cap of $2.58 billion. In 2023, it secured the second spot in popularity among dating apps in the US by downloads, trailing only Tinder and surpassing Hinge, both of which are owned by Match Group…
Dan Kitwood Introduction This is the second article regarding the food delivery industry, and after talking about Just Eat Takeaway.com (OTCPK:JTKWY) it is now Deliveroo’s (OTCPK:DROOF) turn. I have already expressed in depth in the previous article many of the concepts and opinions about the industry in which these companies operate, which I invite you…
Bruce Bennett The past couple of months now have been rather difficult for shareholders of both JetBlue Airways (NASDAQ:JBLU) and Spirit Airlines (NYSE:SAVE). As I wrote about in an article published in June of last year, the two companies were pushing toward a merger with the hopes that a combination of the two entities would…
thitivong Introduction First of all, we would like to express our condolences to all Israeli citizens affected by the unprecedented act of terror committed by Hamas on October 7, which will have a long-term negative impact on Israeli territory and the entire Middle East region. We hope that sooner or later peace and prosperity will…
cagkansayin At a Glance Ginkgo Bioworks’ (NYSE:DNA) third-quarter report for 2023 paints a complex financial story, illustrating the fluid and ever-evolving world of biotech. The company’s shift towards cellular design and genetic engineering has notably boosted its Cell Engineering revenue. However, there’s a noticeable overall revenue dip and a decrease in Biosecurity service income, which…
Dilok Klaisataporn By Eric Leininger At a glance Increasing debt issuance, quantitative tightening, and the Fed’s difficult balancing act on inflation led more interest rate traders to manage risks in 2023 The CME Group FedWatch Tool median market rate probability for December 2024 is 3.75% to 4%, and some of the market is expecting even…
PeopleImages Five9 (NASDAQ:FIVN) which has its origins as a software provider for contact centers has evolved into a CX or customer interaction play by leveraging AI through its cloud platform. However, the stock’s underperformance of over 17% compared to the tech-heavy Invesco QQQ Trust ETF (QQQ) shows that the market has not realized the opportunity….
Fahroni Investment Thesis The Canadian company Methanex (NASDAQ:MEOH) is a mid-cap producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe, and South America. In addition to having methanol production facilities in several countries, the company owns the world’s largest methanol ocean tanker fleet as well as terminal capacity in…
Olivier Le Moal By William Davies, Global CIO Here’s what uncertainty around interest rates being higher for longer could mean for investments and the markets in 2024. The economic data in 2023 was better than expected: inflation fell, employment remained resilient and we didn’t end up in recession – in fact, growth was impressively resilient….
bin kontan By Daniel Scher, Portfolio Manager, Research Analyst, Franklin Equity Group | Blair Schmicker, CFA, Portfolio Manager, Research Analyst, Franklin Equity Group The modern real estate investment trust (REIT) era began in the early 1990s, and their initial appeal was quite simply as a means of participating in the benefits of ownership of commercial…
skynesher Overview My recommendation for Equifax (NYSE:EFX) is a hold rating as there is a lot of uncertainty in the near term (4Q23), which makes me stay on the sidelines and await a clearer outlook for the business. Note that I previously rated a hold rating for EFX due to my pessimism about the business’s…
RafaPress/iStock Editorial via Getty Images BRF S.A. (NYSE:BRFS) has outperformed the Brazilian stock market this year, particularly in the second half. This impressive performance can be attributed to a rebound following a challenging period, during which the company faced significant pressure on its margins due to high global corn and soybean prices. However, since June,…
Last week, the release of September’s Consumer Price Index (CPI) data showed a monthly increase of 0.4% and an annual increase of 3.7%. Treasury yields in the United States saw a modest increase earlier today, amid the ongoing uncertainty surrounding the country’s economic outlook. Investors continued to grapple with concerns related to monetary policy and…
WOO co-founder Jack Tan said the repurchase allows the company to move on “without further distractions from the 3AC fallout”. WOO Network has announced its decision to repurchase shares and tokens it sold to defunct Singaporean hedge fund Three Arrows Capital (3AC) back in 2021. The Taiwan-based trading platform and liquidity provider said in a…
Despite the selling pressure, Bitcoin has outperformed the broader crypto market with its market share crossing over 50%. Bitcoin and the broader cryptocurrency market have come under selling pressure amid rising geopolitical uncertainties and a recent war eruption between Israel and Palestine. The developments led to more than $100 million in bull call liquidations in…
AdrianHancu/iStock Editorial via Getty Images Overview BlackBerry Limited (NYSE:BB) stock is on the move following its announcement about spinning off its Internet of Things (“IoT”) division. As is often the case with acquisitions and divestitures, BlackBerry stock has sold off significantly in the wake of this news. With the post-market news report yesterday, October 4th,…
Corri Seizinger/iStock via Getty Images Dear readers/followers, I have previously written about the copper/metals player Aurubis (OTCPK:AIAGF) (OTCPK:AIAGY). After being neutral on the business due to overvaluation for the better part of a year I finally went to “BUY” back in June of this year. Unfortunately, a few things happened to ensure that the company…
MarioGuti Investment action Based on my current outlook and analysis of Clear Channel Outdoor’s (NYSE:CCO) 2Q23 results, I recommend a hold rating. I believe there is too much uncertainty in analyzing the business’s near-term performance, and I have no confidence in predicting when the macro environment will recover. On top of that, the business is…
Bitcoin price has oscillated around $29k in the past five months despite the ETF frenzy and crypto regulatory clarity in the United States. After enjoying a bullish first half of the year, Bitcoin (BTC) and the altcoins prices have struggled to maintain momentum in the second half. According to the latest crypto market data, Bitcoin…
Rangsarit Chaiyakun Thesis Delek US Holdings’ (NYSE:DK) Q2 earnings report paints a multifaceted picture of a company grappling with operational challenges while showing strength in specific sectors. With a total throughput of 295,000 barrels per day, and adjusted EBITDA of $201 million, the company has demonstrated some positive signs such as a resurgence in demand…