Abstract Aerial Art In January of this year, we covered the complex deal that was ongoing between Forward Air (NASDAQ:FWRD) and Omni. At the time, Forward tried to walk away from the transaction, prompting a lawsuit for breach of contract filed by Omni to force the closure. Eventually, the parties reached a settlement with some…
Emil Sandberg/iStock Editorial via Getty Images In October 2023, I issued a buy rating for Norwegian Air shuttle ASA and the stock has climbed around 70 percent ever since compared to broader market returns of 20%. However, since my last report published in February this year, the stock price has modestly declined on a positive…
Wachiwit Introduction I’m sure like myself, other investors are a little impatient waiting for upside in VICI Properties (NYSE:VICI), an experiential REIT that invests primarily on the Las Vegas Strip. They’re the landlord to iconic hotel & casinos like The Venetian, Caesar’s Palace, and MGM Grand to name a few. In it’s short track record,…
TBE Dear readers/followers, Investing in one of the largest steel businesses on the planet should be a fairly simple choice – unfortunately, it isn’t. The company I’m reviewing here, ThyssenKrupp (OTCPK:TYEKF), is a company that continues to underperform. I had a “BUY” thesis/stance in my last article on the company, which you can find here….
hapabapa The stock of GE Aerospace (NYSE:GE) is on a wild upswing and received new fuel last week when the aerospace-focused industrial company beat the Street’s estimates easily and raised its forecast for operating profitability in 2024. GE Aerospace profits from order strength from a buoyant airline industry, which is seeing record passengers after the…
Jessie Casson/DigitalVision via Getty Images Samsara (NYSE:IOT) is a company developing IoT (Internet of Things) systems that help extract and gather operational data into its cloud platform to derive insights and streamline operations. IOT was founded in 2015, and initially, it started out as a company delivering connected fleet solutions, such as vehicle telematics and…
Tippapatt Introduction & Investment Thesis Doximity (NYSE:DOCS) is a cloud platform for US medical professionals that has severely underperformed the S&P 500 and Nasdaq 100 YTD. I initiated a “hold” rating on the stock on January 16, and it predicated on my belief that the company was seeing its revenue growth slow, despite displaying financial…
MicroStockHub Investment Case for Pembina Pipelines Series 5 PPL.PR.E fixed dividend preferred shares I expect a strong upside for the Pembina Pipelines Series 5 (TSX:PPL.PR.E:CA) (OTCPK:PPLAF) preferred shares over the next six to twelve months. The five-year fixed dividend for these shares will be recalculated on May 2, 2023, 30 days before June 1, 2024,…
400tmax Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) strong earnings sheet for the first fiscal quarter resulted in a 12% upsurge in Google’s share price after-hours and the technology company seems set for a new up-leg in the near future as well. Google reported much better than expected results due to a strong, continual recovery in the digital advertising…
Monty Rakusen/DigitalVision via Getty Images Since I wrote about China’s automotive services provider SunCar Technology (NASDAQ:SDA) last November, its price is up by over 16%. Even at that time, a 20-25% upside was evident for the stock in the short term, after it significantly overcorrected when a follow-on offering took place at a price lower…
AdrianHancu Schlumberger (NYSE:SLB) reported a strong start to FY24 with revenue growing 13% paired with aEBITDA margin expansion. Though the firm came in shy of my forecast, management remains adamant that the firm will experience strong and durable growth in the coming quarters. In addition to improvements in international production, management reaffirmed their agreement to…
RiverNorthPhotography Shares of Huntington Bancshares (NASDAQ:HBAN) traded modestly higher on Friday after reporting solid Q1 earnings. The stock has been a laggard over the past year rising just 12% while the S&P 500 has rallied by about 20% as investors still grapple with the aftershocks of the 2023 regional banking crisis. HBAN has performed much…
surasak petchang/iStock via Getty Images The following segment was excerpted from this fund letter. Over the past year, we have built a position in our first Canadian listed company. Blackline Safety is a provider of gas detection and safety monitoring systems to the energy, industrial, transportation, and consumer packaged goods verticals. Blackline is led by…
ablokhin Wells Fargo (NYSE:WFC) beat analysts’ earnings forecasts for the first fiscal quarter last week due to strength in Corporate and Investment Banking. Wells Fargo is also set to be a beneficiary of a higher for longer rate environment due to the bank’s large loan portfolio. The Wall Street bank also did not lower its…
Oat_Phawat Gold is one of the best-performing assets of 2024, rising by 15% year-to-date and 11% over the past month. Over that period, stocks and bonds have, for the most part, stagnated. Interestingly, the US dollar has also performed well this year, a rare instance of gold and the dollar rising together. Fundamentally, that may…
Editor’s note: Seeking Alpha is proud to welcome Pivotal Biotech as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Hiroshi Watanabe Summary On…
Michael Vi/iStock Editorial via Getty Images Dear subscribers, I don’t often provide articles on semiconductor companies, and it has, in fact, been some time since I reviewed the former Siemens company Infineon (OTCQX:IFNNY). However, I believe the time has come to do exactly that, given that the company trades at a sub-15x P/E. My last…
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis Western Digital Corp. (NASDAQ:WDC) is scheduled to announce earnings later this month on the 25th of April. In continuity with my recent theme of windows to play on the memory recovery, I think Western Digital should be on investors’ radar for 2024, more particularly ahead of their third…
Just_Super Investment Thesis Zuora (NYSE:ZUO) is a cloud-based software company that aims to help traditional businesses transition into a subscription-based business. The recent FY24 results were decent, although growth was certainly not that impressive as there were multiple issues such as unexpected churns and continued issues of longer sales cycles. While the firm is trading…
Baloncici Summary Following my coverage of Tesco (OTCPK:TSCDY), for which I recommended a buy rating due to my expectation that TSCO will see its valuation multiples if its business performance continues to improve, this post is to provide an update on my thoughts on the business and stock. I reiterate my buy rating for TSCO…
SolStock Thesis Gambling.com Group Limited (NASDAQ:GAMB) is a small-cap company that mainly focuses on affiliate marketing in both the U.S. and European markets, targeting iCasino and sports betting operators. In my perspective, considering the high growth rates of sports betting and online casinos in the U.S., GAMB is likely to benefit from the favorable environment…
PM Images Brookfield Infrastructure Partners L.P. (NYSE:BIP) is a promising passive income investment with an international profile, a diversified portfolio, resilient FFO and a low FFO payout ratio. The focus on owning and operating regulated infrastructure assets leads to long-term FFO visibility, and the company has delivered impressive distribution growth over the last decade. Brookfield…
ClaudineVM/iStock via Getty Images Dear readers/followers, In this article, I’ll give you my first article on the AES Corporation (NYSE:AES). The company is a US-based utility with a potentially fairly decent upside. Like many of the utilities around the globe at this time, the company is fairly heavily weighted towards becoming a champion renewable player….
Yongyuan Dai My Thoughts On The Apple x Baidu Gen AI Partnership On March 22nd, news broke that Apple (AAPL) has reportedly been in talks with Baidu (NASDAQ:BIDU) to leverage the Chinese company’s Gen AI platform for the iPhone in China. Such a deal, while still speculative, would make lots of sense for both parties….
JHVEPhoto/iStock Editorial via Getty Images Thesis In my previous article about Netflix, Inc. (NASDAQ:NFLX) I rated the stock as a strong buy citing that its password-sharing crackdown efforts as well as the inclusion of an ads-enabled tier, will help the stock increase significantly its revenue and net income. I estimated a fair stock price of…
LauriPatterson Introduction It’s time to discuss a company I have never covered before, a company we are about to make a holding in various family accounts. That company is Lamb Weston Holdings (NYSE:LW), one of the world’s largest producers of frozen potato products (like fries). In 2016, Lamb Weston became an independent company after food…
ImagineGolf Introduction In my dividend growth portfolio, I own three energy stocks: Texas Pacific Land Corporation (TPL): This is a landowner in the Texas Permian. It benefits from oil and gas royalties, water royalties, and from every activity related to drilling, pipelines, and renewables on its land. It’s sensitive to oil prices like an oil…
ImagineGolf Investment Thesis Russian government just ordered its oil producers to cut oil output to contribute to OPEC+ cuts. This comes at the same time when EIA dramatically lowered its production estimate for US shale oil. The current narrative is calling for an oil price of $100 a barrel this year. The narrative drives the…
Leon Neal Intel (NASDAQ:INTC) shares have returned about 23% since I have upgraded the stock to “Buy”, compared to a gain of about 16% for the S&P 500 (SP500). And as INTC shares are trading very close to my previously established target price of $45.5/ share, I feel it is time for me to revisit…
Galeanu Mihai Introduction & Investment Thesis Workday (NASDAQ:WDAY) is a provider of enterprise cloud applications for finance and human resources. The stock has underperformed the S&P 500 and Nasdaq 100 YTD. The company released its Q4 FY24 earnings report last month, where revenue and earnings exceeded expectations. It is projected to grow its revenue by…
imaginima Exelon Corporation (NASDAQ:EXC) is a Chicago, Illinois-based electric utility – the largest in the United States – with nearly 11 million customers and six regulated utility subsidiaries. The firm primarily maintains a presence in Illinois and the US East Coast. Exelon Winter 2024 Investor Meeting Through these activities, Exelon has recorded FY23 revenues of…
Michael M. Santiago Thesis In my previous article (released in Q3 2023, which were released on October 13) that covered JPMorgan Chase & Co. (NYSE:JPM), I assigned a strong buy rating citing that its estimated fair price was around $314.74, an 85% upside from the stock price at the time of $170.1. The stock price…
pingingz Datadog (NASDAQ:DDOG) is one of the biggest beneficiaries of digital transformation and companies moving to the cloud. Additionally, the proliferation of the Internet of Things (“IoT”) and edge computing is driving a massive increase in machine-generated data, a secular trend that could potentially drive significant future revenue growth for the company’s observability platform. The…
J Studios/DigitalVision via Getty Images Investment thesis My previous bullish thesis about Enbridge (NYSE:ENB) as of November 28, 2023, aged well. The stock price lagged behind the broader market, but my bet was on safe dividend growth rather than outpacing the broader market in terms of growth. Just a couple of days after my previous…
JHVEPhoto Shares of Chubb (NYSE:CB) have been a solid performer over the past year, rising 36%, and currently sitting near an all-time high as strong underwriting and elevated rates have combined to support strong profitability. Since rating shares a strong buy in October, shares have largely kept pace with the market rally, returning about 20%….
Justin Sullivan Verizon Communications (NYSE:VZ) is a U.S. based communications company and a giant in the industry. A few months ago, this stock was making 52-week lows and trading at what seemed to be highly irrational levels. The selling pressure seemed to be a culmination of events that took place late last year, which included…
gorodenkoff Viant (NASDAQ:DSP) is a people-based technology advertising company developing a platform for marketers to use first-party data for customer targeting. Share performance has been lackluster. Having gone public at a price of $65.5 in 2021, DSP trended down sharply for the rest of the year, before moving sideways between $4 – $5 until the…
igoriss A little over a year ago, in the middle of February of 2023, I found myself analyzing Gates Industrial Corp (NYSE:GTES). For those not aware of the company, it operates as a producer and seller of engineered power transmission and fluid power solutions. Most of the company’s products are sold on the aftermarket, but…
aquaArts studio March 19th ended up being a fantastic day for shareholders of Core & Main, Inc. (NYSE:CNM). Shares closed up 7.5% after management reported financial results for the final quarter of the company’s 2023 fiscal year. Although the business fell short of analysts’ expectations when it came to earnings per share, revenue exceeded forecasts…
Sundry Photography/iStock Editorial via Getty Images Thesis In my previous article about Oracle Corporation (NYSE:ORCL), I assigned a buy rating on Oracle citing that the decline in its stock after the release of Q4 2023 earnings opened an opportunity to enter. I assigned a fair price of $120.82 to $152.93, and a future price ranging…
bjdlzx Dear readers/followers, In the past few months, about half a year, I’ve been pushing money to work in a new undervalued sector of the market – that sector being the utilities sector, specifically US utilities that show undervaluation. European utilities, such as Enel (OTCPK:ENLAY) have shown significant undervaluation for quite some time – but…
AnnaZhuk/iStock via Getty Images Introduction and thesis The Cato Corporation (NYSE:CATO) is a leading retailer of women’s fashion and accessories, with a focus on offering affordable apparel and accessories for juniors, misses, and plus-size customers. Founded in 1946, the company operates primarily under the “Cato,” “It’s Fashion,” and “Versona” brands, with over 1,300 stores across…
Ron and Patty Thomas Introduction I have to admit that I think about artificial intelligence (“AI”) a lot. Right now, it’s one of the hottest trends on the market, as it is currently reshaping our modern economy. Personally, I’m both amazed by it and slightly worried about what it may do to a lot of…
Anchiy/E+ via Getty Images Summary Following my coverage of Life Time Group Holdings (NYSE:LTH), for which I recommended a buy rating as I believed the fundamentals were actually improving, this post is to provide an update on my thoughts on the business and stock. I reiterate my buy rating for LTH despite the lower growth…
Wachiwit Opera Limited (NASDAQ:OPRA) investors have benefited from a significant recovery since my last update in December, when I upgraded OPRA. I assessed that OPRA’s overoptimism had been deflated as investors bailed out. Accordingly, OPRA bottomed out at the $10.3 level through late February before we saw a significant post-earnings surge. Opera reported its fourth-quarter…
Andrii Dodonov Shares of Jackson National (NYSE:JXN) have been a tremendous performer over the past year, rising 70%. Elevated rates and rising equities continue to support results, and its capital position is now stellar. Since reiterating Jackson as a “strong buy” in December, shares have rallied a further 24%, bringing their return to nearly 60%…
Stuart Franklin/Getty Images News Investment Thesis I take the view that Volkswagen AG has the capacity for an upside to $18 based on strong growth in demand across the company’s electric vehicle offerings. In a previous article back in June 2022, I made the argument that Volkswagen AG (OTCPK:VWAGY) has the capacity for upside going…
LumiNola Investment action I recommended a buy rating for Clarivate Plc (NYSE:CLVT) when I wrote about it the last time, as the business has turned its organic growth around to positive territory, and there are tailwinds that I expected would drive organic growth even higher. Based on my current outlook and analysis, I recommend a…
metamorworks Stellus Capital Investment Corporation (NYSE:SCM) is a well-managed business development company with a focus on middle-market companies. The BDC just released earnings for the last quarter which showed that the dividend remained well-covered by core net investment income. The BDC still profits from a higher-rate environment, thanks to an aggressive floating-rate posture, and Stellus…
Serjio74 Above: Macau growth is speeding ahead of many early recovery calls. We accept what may be some investors’ characterization of our bullish outlook on Las Vegas Sands Corp. (NYSE:LVS) this past year as that of a faded broken record. Give the apparent resistance to the stock moving anywhere near my price target (“PT”) of…