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…
Denis_prof Synopsis LKQ Corporation (NASDAQ:LKQ) is a worldwide distributor of vehicle products and specialty aftermarket products. It is also a constituent of the S&P 500 Index. Despite volatile revenue growth throughout the years, it has maintained a healthy profitability margin. Its Europe segment is the biggest in the mix for FY2023, and LKQ has been…
Wiphop Sathawirawong/iStock via Getty Images Investment Summary Sea Limited (NYSE:SE) is an e-commerce company based in Singapore that operates in Southeast Asia. It has three segments: digital entertainment (Garena; $511 million in revenues or 14% of total revenues), e-commerce (Shopee; $2.6 billion in revenues or 73% of total), and digital financial services (SeaMoney; $472 million…
ExperienceInteriors Summary Readers may find my previous coverage via this link. My previous rating was a hold, as I believed Armstrong World Industries (NYSE:AWI) would continue to see pressure from the elevated inflation and uncertain economic outlook. Despite the initiatives implemented, I thought it was tough to assess the likelihood of success. As it turns…
lcva2 Investment Thesis Microsoft Corporation (NASDAQ:MSFT) is one of the largest and most successful tech companies globally. It is diversified with software, cloud computing hardware, and gaming products. Over the years, the company has been a consistent performer financially which has been reflected in its share prices. For example, its trailing EPS growth rate is…
ryasick Introduction Nothing excites me more than an opportunity to grow my income at cheaper valuations. One way to do that currently is by investing in the REIT sector. As readers may know, I’ve written plenty of articles regarding the opportunity REITs have presented investors because of the sharp decline they’ve experienced in the last…
ridvan_celik One of the best feelings in the world is seeing an opportunity that you were very bullish about appreciate materially in a rather short window of time. Last year, because of the plunge in financial stocks that came about because of the banking crisis, I found myself gravitating toward banks of all shapes and…
Michael Vi Overview I previously rated a buy rating for Yelp Inc. (NYSE:YELP) in September 2023 as I was bullish on the stock’s near-term outlook; in particular, I expected margin to continue expanding as revenue scales. Since then, the stock has moved up as I expected, reaching $48.99 at one point, which is near my…
AntonioSolano/iStock via Getty Images REITs are often perceived to be boring income investments that are only suitable for retirees. But the reality is very different The REIT (VNQ) market is vast and versatile with about 1,000 companies worldwide and there is truly something for everyone. There are REITs that are great for conservative income-oriented investors….
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…
imagewerks Thesis In my previous article (released before Q3 2023 reported in November 1) about Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH), I explained how Norwegian was still undervalued despite a 20% dilution, in which case the stock’s future price for 2028 would be $47.43 and if there was no dilution, the future price would be…
gerenme Background and Investment Thesis Dominion Energy (NYSE:D) may be just the tonic for income investors seeking the stability of a regulated electric utility with a high-yield cash dividend payout. Currently, shares yield about 6 percent and hold a reasonable go-forward potential for capital appreciation. On March 1, management completed an Investor Day presentation that…
bauhaus1000/iStock Unreleased via Getty Images Goodyear Tire & Rubber Co. (NASDAQ:GT) is an iconic American tire company, and it is also well known for its blimps. The company offers tires under the Goodyear brand, as well as under the Dunlop and Kelly brand names. The shares recently plunged after the company released earnings, and it…
Palantir CEO, Alex Karp (center) continues to ignore the short-term noise to focus on long-term success Chip Somodevilla/Getty Images News Palantir shares are up over 40% this year (and up over 60% since our previous article in July) following an outstanding quarterly earnings report in February (whereby record revenue and profits were achieved, driven by…
Dzmitry Dzemidovich Introduction VICI Properties (NYSE:VICI) recently reported their Q4 earnings to close out the year. Despite the challenging economic backdrop, especially for REITs, VICI delivered a strong Q4 and even exceeded my expectations. I’ll actually be traveling to Las Vegas soon, so I felt compelled to give readers an update on my biggest REIT…
ArtistGNDphotography From my experience, some of the best investment returns come about when you marry the investment philosophies of value investing and contrarian investing. As an example of how this can prove to be a success, we need only look at the housing market. Around a year ago, I found myself bearish on the space…
Daniel Balakov We present our follow-up note on OCI N.V. (OTCPK:OCINF), a leading global fertilizer company. We previously issued a Buy rating on the stock, highlighting the strong tailwinds of the nitrogen and methanol businesses, the exposure to green trends, significant free cash flow generation, and a valuation discount. The stock has returned nearly 16%…
michal-rojek/iStock via Getty Images Materialise (NASDAQ:MTLS) is about to emerge from a period of significant investment, which should see the company’s profit margins move higher over the next 1-2 years. A modest valuation, combined with solid growth and a transition to profitability, should see the stock perform well going forward. While Materialise is a quality…
Sundry Photography In our previous analysis of Lam Research Corporation (NASDAQ:LRCX), we assessed the company amid geopolitical tensions with the US government imposing export restrictions on semicon equipment to China. Still, we estimated a minimal impact to the company of up to only 2.2% of revenues on both memory and logic equipment restrictions, thus affirming…
Lock Stock Back in March 2023, I started Toast (NYSE:TOST) with a “Buy” rating, arguing that with only 10% restaurant penetration in the U.S. the company had a huge opportunity in front of it. The stock has gained over 30% since then. More recently, in December, I wrote that the stock looked attractive after a…
Zhang Rong/iStock via Getty Images Investment Thesis Vector Group Ltd. (NYSE:VGR) shares have gained about 42.87% over the last 5 years. Despite this significant gain, I am bullish on this stock in the long-term because I find it with strong levers such as its low-cost model and strong market position. Further, the company’s tobacco business…
JHVEPhoto/iStock Editorial via Getty Images High Tide (NASDAQ:HITI) operates as a cannabis product retailer in Canada, the United States, as well as other countries. As Canada’s legalized cannabis, High Tide has begun to grow its retail network under the Canna Cabana brand, bringing value through the retail chain’s discount club. As of January 29th, Canna…
SimonSkafar/E+ via Getty Images Generally speaking, experiencing revenue growth is a positive thing for companies. However, it doesn’t always mean that bottom line improvement will follow. And at the end of the day, it’s the profits and cash flows of an enterprise that determine its value, not the amount of sales it brings in. A…
Peter Dazeley/The Image Bank via Getty Images Background Welcome back to the fourth edition of Bank Buzz, where we cover the community bank sector, with a specific focus on mutual conversions, our favorite niche within a niche. As a reminder, we like this space, as many of these little banks are inexpensive and possess the…
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Empire (TSX:EMP.A:CA) (OTCPK:EMLAF) is one of the main grocers in Canada, competing in an oligopoly with Loblaw (L:CA) and Metro (MRU:CA). Empire has run into some execution issues in the past few years, with margin weakness and a cybersecurity incident in 2022. This has led to shares…
svetikd Sportradar (NASDAQ:SRAD) is a global leader in sports data and intelligence, providing a range of solutions to the sports industry, media companies, and sports betting operators. Headquartered in Switzerland, the company operates in over 115 countries with 1,790 customers as of December 2022 and holds partnerships with dozens of leagues, federations, and rights holders,…
VCG/Visual China Group via Getty Images Luckin Coffee (OTCPK:LKNCY) is a Chinese coffee chain founded in 2017 with a digital-first business model that had been rapidly growing to overtake Starbucks (SBUX) before accounting fraud issues led to bankruptcy. Since 2022, they have been rebuilding trust under new management. So far, things have been looking relatively…
Diego Thomazini Even though the earnings reports from Amazon (AMZN), Meta (META) and Apple (AAPL) aren’t in the data because LSEG cuts off the earnings and market data as of Thursday night’s market close, the upside surprise for Q4 ’23 S&P 500 EPS closed the week at +6.4%, versus the +7.2% from Q3 ’23. That…
HUNG CHIN LIU/iStock via Getty Images Thesis In this article, I will evaluate ASML Holding N.V. (NASDAQ:ASML) to ascertain its estimated fair price and gauge its investment potential. Upon employing two models, I have determined that the stock offers an upside ranging from 13.4% to 29.6%, with potential annual returns spanning from 16.8% to 21.5%….
Yongyuan Dai The times are changing for Baidu (NASDAQ:BIDU) (OTC:BAIDF). Having long been China’s leading search engine company and little more, the company is slowly but surely carving out a new leadership position in the Chinese artificial intelligence (‘AI’) space. Since I last covered the name, Baidu has further built on its successful AI-powered ‘Ernie…
Tanankorn Pilong/iStock via Getty Images NEW YORK (January 25) – Fourth Quarter 2023 (2023Q4) Gross Domestic Product [GDP] printed this morning at 3.3%, well above the consensus estimates for the year and quashing expectations of recession that had lingered for much of 2023. (We had predicted 3% (+/-25bps) in our 2023Q3 GDP report, but revised…
fhm/Moment via Getty Images Dear readers, Vonovia (OTCPK:VONOY) is a German real estate holding company, which operates very similarly to a REIT, and owns 550,000 apartments located primarily in Germany, Sweden, and Austria. It’s a company I have written about extensively on Seeking Alpha, publishing six articles last year. This is no coincidence, as Vonovia…
urbazon/E+ via Getty Images Introduction and Investment Thesis Teladoc (NYSE:TDOC) is a virtual healthcare services company that has severely underperformed the indices over the last 2 years. However, the latest earnings call suggests there is growing evidence of Teladoc’s renewed focus on improving its overall profitability, as Adjusted EBITDA grew 73% YoY. While investors are…
SweetBunFactory Semiconductors continue their surge in 2024 thanks to continued A.I. enthusiasm. Semiconductors were the star sector performer in 2023 and the strong momentum continues into 2024 as a favorable industry backdrop continues to lift investor sentiment in this area. Wall Street Analysts have forecasted that 2023 most likely was the cyclical trough in terms…
VioletaStoimenova/E+ via Getty Images MoneyLion (NYSE:ML) has turned adjusted EBITDA and free cash flow positive and looks poised to continue its recent operational moment. Company Profile ML is a financial product and services company for both consumers and enterprises. On the consumer side, the company offers a suite of services through its free-to-download app. Among…
Sundry Photography In our previous analysis of Oracle Corporation (NYSE:ORCL), we found that while its historical revenue growth was flat over five years, it has promising opportunities in the cloud market. Although its database management popularity declined, we still saw it as a leader among competitors. However, we expected Oracle’s growth to be slower than…
Eric Thayer/Getty Images News Investment Thesis Electronic Arts (NASDAQ:EA) is a well-known gaming company and one of the earliest. The company is famous for its Need for Speed, Madden, NFL, Battlefield, and The Sims franchises of games. Another popular Electronic Arts game franchise, EA Sports FC, was recently rebranded from the FIFA brand name last…
fotostorm Investment action I recommended a hold rating for AppLovin (NASDAQ:APP) when I wrote about it the last time, as I was worried about a potential pullback after a strong rally as the market seemed to have elevated expectations for the stock. Based on my current outlook and analysis on APP, I recommend a hold…
Pgiam/iStock via Getty Images Investment briefing Investors running money in equities this year should consider the industrials sector as a starting point in top-down security selection in our firm opinion. Our findings from Q3 2023 earnings illustrate the industrials sector held 8% notional value of the S&P 500 market capitalization weighted index towards the end…
skynesher Some investments, particularly those in high quality companies, can pay off rather fast. As an example, I need only look at a well-known REIT called Alexandria Real Estate Equities, Inc. (NYSE:ARE). This is a very specific type of REIT because it specializes in owning real estate dedicated to the life sciences space. Unlike the…
bigtunaonline/iStock via Getty Images As much as I wish I could say that I had a perfect track record when it came to pointing out attractive investment opportunities, that would be a lie. Nobody, not even the great Warren Buffett, has a perfect track record. One firm that I came out bullish on back in…
Hispanolistic/E+ via Getty Images Investment thesis Our current investment thesis is: MOD is likely in the early stages of a significant upswing, underpinned by industry tailwinds and a successful business model transition. We believe this will drive shareholder value, following a period of limited distributions and volatile financial results. This is important as even if…
Editor’s note: Seeking Alpha is proud to welcome Henning Podehl 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 » blackdovfx/iStock via Getty Images Investment Thesis Global-e Online (NASDAQ:GLBE)…
RHJ China announced export controls on the export of two rare earth metals in early July 2023. Since then, MP Materials (NYSE:MP) stock price has sagged, despite being North America’s largest operational rare earth mining operation. In late December 2023, China announced banning exporting of certain technologies related to rare earths processing. It may be…
TBE Dear readers/followers, My position in thyssenkrupp (OTCPK:TYEKF) has not done superbly well during most of 2023, and the estimates for 2024E seem somewhat difficult to forecast as well. My work on the company didn’t garner much attention when it actually was worth investing in, so my position is still in a strong outperformance, but…