ozgurdonmaz My Thesis My only article on Apple Inc. (NASDAQ:AAPL) stock was published on January 19, 2024, with a “Sell” rating, as I expected relative weakness in AAPL at the time due to iPhone demand potential issues and the extremely high valuation. Since then, the stock has fallen by more than 11%, while the S&P…
ozgurdonmaz My Thesis My only article on Apple Inc. (NASDAQ:AAPL) stock was published on January 19, 2024, with a “Sell” rating, as I expected relative weakness in AAPL at the time due to iPhone demand potential issues and the extremely high valuation. Since then, the stock has fallen by more than 11%, while the S&P…
mapo Akatsuki Inc. (OTCPK:AKAFF) (3932:TYO) has performed well since we established out position starting around last June. The situation has been that major catalysts have increased visibility of the stock, and the younger management and their major investment plans that will put their unproductive cash to productive uses are credible. The headwind since the jump…
Ole_CNX Back in January, I placed a “Hold” rating on Cameco (NYSE:CCJ), noting that while the company is a solid play on the improving uranium and nuclear market, the stock is pretty pricey by historical standards. With the stock down about -12% since then, though, now is the time take the stock to “Buy.” With…
Rich Polk With markets soaring, it is time to take another look at Pinterest (NYSE:PINS) given the recent underperformance. The company has executed strongly over the past year, capitalizing on AI tailwinds as well as integrating third party advertisements into its platform. Management has guided for solid double-digit top-line growth over the next few years,…
landbysea Note: I have covered SEACOR Marine Holdings Inc. or “SEACOR Marine”(NYSE:SMHI) previously, so investors should view this as an update to my earlier articles on the company. Last week, shares of leading offshore support vessel providers Tidewater (TDW) and SEACOR Marine Holdings rallied on perceived strong quarterly results and a very bullish outlook provided…
da-kuk Last July, I was attracted to IonQ, Inc. (NYSE:IONQ), but warned investors about three major risks which forced me to initiate coverage with a hold rating despite falling in love with the company’s story. IONQ stock is down 30% since then. I reiterated my hold rating in October as I thought the company was…
peeterv Earnings of Hanmi Financial Corporation (NASDAQ:HAFC) will likely decline this year as subdued loan growth will likely be unable to compensate for margin pressure and normal operating expense growth. Overall, I’m expecting the company to report earnings of $2.32 per share for 2024, down 11.5% year-over-year. Investors appear to have overreacted to the prospects…
Monty Rakusen Back in July, I placed a “Sell” rating on the ARK Innovation ETF (NYSEARCA:ARKK) run by portfolio manager Cathie Wood, saying it looked like a gambling person’s type of portfolio. I reiterated the rating in October. The ETF is up 8% since my initial write-up, in line with the S&P 500 over the…
G0d4ather We’re upgrading Broadcom (NASDAQ:AVGO) to a buy post-4Q23 results and outlook. We now think our negative thesis of AVGO’s A.I. growth not being enough to offset macro weakness and drive outperformance has been priced into the outlook for next year. Management now guides FY24 revenue of ~$50B, trailing the consensus of $52.34B. On the…
pidjoe Clean energy stocks have endured intense selling pressure throughout 2023. Higher interest rates, volatile commodity costs, and weakness in the EV niche of the auto market with falling retail sticker prices, among other macro factors, have hurt the group. Are there green shoots in clean energy though? I assert that valuations have come in…
Mario Tama/Getty Images News I last wrote about Archer Aviation (NYSE:ACHR) in May 2022; I rated them a sell, and the stock priced at $4 fell to a low of $3 by the end of 2022. Over 2023, much has changed. A raft of announcements and high-profile investments propelled the stock above $12 in June,…
Daniel Wright Note: I have covered ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) previously, so investors should view this as an update to my earlier articles on the company. On Wednesday, Israel-based liner company ZIM Integrated Shipping Services Ltd. (“ZIM”) reported weak quarterly results and lowered its profitability outlook for the second time this year due…
HeliRy Note: I have covered Imperial Petroleum (NASDAQ:IMPP, NASDAQ:IMPPP) previously, so investors should view this as an update to my earlier articles on the company. Last week, Imperial Petroleum reported very weak third quarter results as fleet utilization suffered from an elevated number of dry-dockings as well as seasonally weaker demand. In addition, revenues and…
Nina Shatirishvili Introduction: In my prior articles on Whitehaven Coal (OTCPK:WHITF) (here (Jun ’23) and here (Dec ’22)), I rated the Company as a Buy due to its strong fundamentals and its strong but now-ceased share buyback program, while also noting a couple visible risks and the stock’s less-than-ideal technicals. Today, however, I am upgrading…
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…
hapabapa Investment Thesis Netflix (NASDAQ:NFLX) is going to report Q3 numbers on the 18th of this month after the market closes. I’ll give my thoughts below on the biggest concerns for the company in terms of its outlook going forward. Even after the company has dropped around 20% since I last covered the stock, I…
Ethan Miller Note: I have covered VOXX International Corporation (NASDAQ:VOXX) previously, so investors should view this as an update to my earlier articles on the company. Earlier this week, VOXX International Corporation or “VOXX” reported sequentially improved Q2/FY2024 results with increased gross margins and Adjusted EBITDA back to break-even levels. Regulatory Filings For the second…
Bruce Bennett In February, I placed a “Sell” rating on Best Buy (NYSE:BBY), saying its Q4 guidance looked aggressive. Its Q4 results were better than I expected, but weak guidance sent the shares lower, and I moved my rating up to “Hold” given a lack of downside catalysts and BBY’s strong capital allocation policies. The…
Milan Markovic/E+ via Getty Images We’re upgrading Tesla, Inc. (NASDAQ:TSLA) to a hold from a sell. We continue to be cautious about the auto industry in 2H23 but expect Tesla will fare better than the peer group in Q4 2023 and 1H24 with its model 3 and Y upgrades. Our previous concerns about the company’s…
Robert Way Back in July, I wrote that JD.com (NASDAQ:JD) was facing increased competition and that its business model was not as strong as some other Chinese e-commerce firms. With the stock down over -20% since then, let’s catch on the name. Company Profile As a refresher, JD is one of the largest e-commerce companies…
fotokostic Back in February, I thought CVR Partners (NYSE:UAN) looked appropriately valued in the face on falling nitrogen fertilizer prices. With the stock down over -25% and its overall return about -5%, let’s catch up on the name. Company Profile As a quick reminder, CVR Partners owns two fertilizer plants: Coffeyville and East Dubuque. The…
omersukrugoksu Earnings of Community Bank System, Inc. (NYSE:CBU) will likely be flattish this year as loan growth will be countered by margin pressure and higher expenses. I’m expecting the company to report adjusted earnings of $3.53 per share, which is close to the estimate given in my last report on the company. The year-end target…
Mumemories We’re upgrading Apple Inc. (NASDAQ:AAPL) to a hold. We’re less negative on Apple now, as we think the stock has priced in most of the negatives from the Chinese central government banning iPhone use for government employees and potential share loss to Huawei’s Mate 60 Pro. The stock is down a little over 2%…
onurdongel Overview My recommendation for WillScot Mobile Mini (NASDAQ:WSC) is a buy rating, as I expect valuation to revert back to its 3-year average and WSC to continue tracking against management’s long-term guidance. Note that I previously gave a hold rating to WSC, as I thought it was important to keep an eye on WSC…
whyframestudio Bitcoin (BTC-USD) has spent most of 2023 consolidating in a fairly narrow range. That is, for an instrument that is used to producing enormous moves in both directions. That has left stocks that depend upon Bitcoin pricing – like miners – also largely searching for direction. However, with Bitcoin testing extremely consequential support again,…
This is an opinion editorial by Josef Tětek, a Bitcoin analyst at Trezor. Self-custody is an absolute must for every bitcoiner. After the collapses of FTX, BlockFi, Celsius and many others, the merit of the “not your keys” mantra is beyond obvious. However, self-custody comes in many forms, and the security properties of a single-seed…
Jorge Aguado Martin Back in mid-July, I placed a “Hold” rating on Block (NYSE:SQ), saying that while it’s been posting solid growth and its valuation has become more attractive, there were still a lot of questions about competition, the macro environment, and its Cash App business metrics. Since then, the stock has fallen about -17%….