Luis Alvarez Dear subscribers, I’ve been fairly clear in the last few months about the fact that I’m going into Office REITs, and my three picks of Highwoods (HIW), Kilroy (KRC), and Boston Properties (BXP). My shares were bought at a mix of valuations, but one thing they all have in common after the last…
franz12 Deutsche Bank (NYSE:DB) has improved its performance in recent quarter supported by rising rates, a trend that is expected to reverse in the near future. While its shares remain cheap compared to other European banks, this is justified by the bank’s low profitability level. As I’ve covered in a previous article, Deutsche Bank is…
Hispanolistic The market can get truly absurd from time to time. Instead of being this efficient machine that many believe it to be, it can create scenarios that logically do not make sense. A great example of this can be seen by looking at what occurred on January 5th. Shares of Medical Properties Trust (NYSE:MPW),…
Michael M. Santiago/Getty Images News The online marketplace Etsy (NASDAQ:ETSY) hasn’t had a good start to 2024, with an almost 6% decline in share price. In fact, in yesterday’s trading, it was among the top 10 S&P 500 (SP500) fallers yesterday, which prompted me to look at it. This is a continuation of the trend…
somboon kaeoboonsong Dear readers/followers, My last article on Tomra (OTCPK:TMRAY, OTCPK:TMRAF) saw me improving my target and recommendation to a “BUY” from a “HOLD”. While the company has been a very volatile investment for the past few months, I firmly believe in two things when it comes to Tomra. First off, I believe that Tomra…
zorazhuang Synopsis Hawkins, Inc.’s (NASDAQ:HWKN) historical financial results have shown robust revenue growth and strong bottom-line margins. For its 2Q24 results, there was a slight decline in revenue growth due to the sale of its consumer bleach packaging business. However, margins grew at double-digit rates, resulting in an increase in diluted EPS. Looking ahead, its…
Kris Hoobaer/iStock via Getty Images Dear readers/followers, In this article, I’m going to be updating on Hamburger Hafen (OTC:HHULF). In conjunction with the last published quarterly report and other news, the company gave a massive bounce, which also means that my stake in the company is currently at a solid “green” in terms of returns….
svetikd Executive Summary I believe that Gambling.com’s (NASDAQ:GAMB) recent selloff is an overreaction, overlooking the company’s strong fundamentals and promising growth trajectory. GAMB, a growing player in digital marketing within the sports betting industry, has demonstrated strong financial performance, including very strong revenue growth in the last year. The online gambling industry, particularly in the…
da-kuk Dear readers/followers, Years ago, I actually held significant positions in Atea (OTCPK:ATAZF) across my portfolios. The company offers an appealing, non-trivial yield and an upside for the IT markets in the home nation where I live, the area of Scandinavia. The company’s annual sales exceed 45B NOK, with a current EBIT margin of between…
Michael Vi/iStock Editorial via Getty Images Shares of Sempra (NYSE:SRE) have been a poor performer over the last year, losing about 5% of their value. Higher interest rates have weighed on utilities and dividend-oriented stocks. While higher interest expense has had a negative impact on results, SRE has a strong growth position, which should enable…
Nikada Ladder Capital (NYSE:LADR) is a leading mortgage REIT that provides capital for the commercial real estate sector. The REIT chiefly invests in senior secured loans, which are secured by commercial real estate and which provide Ladder Capital with regular interest income. Ladder Capital as well as the broader commercial real estate industry may see…
Editor’s note: Seeking Alpha is proud to welcome Amrita Roy 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 » Khanchit Khirisutchalual Introduction and Investment Thesis monday.com (NASDAQ:MNDY) is…
ArtistGNDphotography A handful of crypto stocks have gone parabolic in price action this month. While Bitcoin, Ether, and other more speculative coins have shot higher in Q4 2023, many digital-asset equities have seen even more pronounced upside moves since October. This is a time when risk management is needed, in my view, and I will…
Editor’s note: Seeking Alpha is proud to welcome Value Voyage 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 » Luis Alvarez/DigitalVision via Getty Images Executive Summary LKQ Corporation…
RgStudio Investing in fuboTV (NYSE:FUBO) has been a tremulous journey for me, marking it as one of my worst investments. While starting a bullish article with such a candid admission might seem strange, I find it essential to establish context for a clearer understanding. Reflecting on my previous analyses, I wrote two bullish articles on…
beingbonny/iStock via Getty Images Investment Thesis Transcontinental (TSX:TCL.A:CA) is a flexible packaging and printing company in North America. It reported its quarterly results and has managed to deliver decent performance despite the macroeconomic pressures. I believe the company can further grow in the future as it has highly focused on the commercialization of recyclable flexible…
RonFullHD/iStock via Getty Images When you have a stock that has already rallied by over 250% this year alone as is the case with Vertiv Holdings (NYSE:VRT) and is trading at a forward price-to-sales of nearly 90% above the median for the industrial sector, you better have some strong justification for any future upside. This…
jimfeng Investment thesis Our current investment thesis is: MG has performed poorly but is not dead-and-buried. There is clear scope for an improvement in financial performance, particularly when considering the increase in infrastructure spending expected. There is, however, a clear execution risk that is not mitigated. For this reason, valuation is of utmost importance to…
vzphotos Thesis Micron Technology, Inc. (NASDAQ:MU) stands out as one of the most cyclical stocks I’ve encountered, exhibiting significant fluctuations during market expansions and contractions. However, since December 30, 2022, coinciding with the 2023 market rally, the stock has surged by approximately 73%. In this analysis, I will illustrate, using valuation models, why Micron is…
tiero W. P. Carey (NYSE:WPC) has rebounded strongly from the lows as it moved past its drastic exit from office real estate assets and also benefited from increased hopes for declines in interest rates. While many income investors seem unhappy with the dividend reduction association with the office spinoff, I am instead eyeing the multiple…
Andrew Burton Context & Background Information China and Hang Seng stocks have been mired in deep malaise for much of 2023, and there have been few survivors of this year’s enduring bear market for China ADRs and H-Shares. At the root of the problem for most companies inside Hang Seng is the fact that the…
Douglas Rissing/iStock via Getty Images The Vanguard Growth Index Fund ETF Shares (NYSEARCA:VUG) is one of the most popular choices for investors looking for a basket of high quality growth names. Instead of picking individual growth stocks and bearing significant idiosyncratic risk, the exchange-traded fund (“ETF”) gives you exposure to many of the most popular…
LPETTET Company Overview CVS Health Corporation (NYSE:CVS) is a US-based integrated provider of healthcare solutions across the value chain from pharmacies and primary care to health insurance for commercial and governmental customers. It is the second largest healthcare services provider in the US behind UnitedHealthcare with more than 300k employees and $322bn in revenue as…
Klaus Vedfelt/DigitalVision via Getty Images Expedia (NASDAQ:EXPE) saw its stock downgraded by Barclays this week with analysts projecting a slowdown in travel over the next year. That was in contrast to an IATA report the previous week expecting a bump higher in air travel. In this article, I will try to uncover who is right…
Brandon Bell/Getty Images News By Brian Nelson, CFA The discounted cash flow [DCF] model is a great tool to estimate a company’s fair value. For starters, it cuts through qualitative factors and focuses on the two primary cash-based sources of intrinsic value: net cash on the balance sheet and future expectations of free cash flow….
Ake Ngiamsanguan Overview My recommendation for Jamf Holding Corp. (NASDAQ:JAMF) is a buy rating as execution remains strong, as shown in the revenue, ARR, and earnings growth, despite the weak macro backdrop. The near-term growth might still be impacted by the weak macro; however, I think the long-term upside remains attractive. Note that I previously…
Dragon Claws Investment Thesis Modiv Industrial (NYSE:MDV) is a real estate investment trust that operates, acquires, and leases commercial real estate properties. It has recently reported a decent quarter and I believe it can sustain this performance in the future as a result of industry tailwinds and its continued focus on acquisitions. About MDV Share…
Pgiam/iStock via Getty Images The Direxion Daily Financial Bull 3X Shares ETF (NYSEARCA:FAS) is a leveraged exchange-traded fund or ETF. As always, the Direxion ETFs offer a pretty low expense rate for the sort of leverage they provide. However, there are peculiarities around these daily resetting ETFs that make them useless over longer-term periods, or…
brightstars This Analysis Gives Seabridge Gold a Buy Rating This analysis confirms the Buy rating already given to shares of the Canadian gold properties developer Seabridge Gold (NYSE:SA) (TSX:SEA:CA) in the previous analysis. Like the previous analysis, the valuation is based on bullish sentiment, which is expected to gradually gain momentum toward the gold price….
Tarcisio Schnaider/iStock Editorial via Getty Images Following the positive news of S&P Global Ratings, we are back to comment on CNH Industrial N.V. today (NYSE: NYSE:CNHI). Here at the Lab, we have a deep coverage of the Exor investments, and after the Q3 results, we decided to reduce our target price and estimates for the…
Portra/E+ via Getty Images Our objective is to enhance the worth of our portfolio. Our financial resources are finite, as our portfolio must operate within real-world constraints. Consequently, this necessitates difficult decisions, occasionally requiring us to part with shares we’d prefer to retain. In instances like this, we relinquish a favorable opportunity to seize an…
Elijah-Lovkoff Today, we are back to comment on Canadian Solar’s performance (NASDAQ:CSIQ); however, this year, we already analyzed the company twice, commenting on the CSI Solar Co IPO process on the Shanghai Stock Exchange and also on the H1 results, looking at Canadian Solar’s growth coupled with an underappreciated assets portfolio. After the Q3 results,…
Spencer Platt Comments on our last coverage of the stock In our last coverage of CVS Health (NYSE:CVS) on February 3, 2020, we emphasized the economic moat of the company with a special focus on its acquisitions, brick-and-mortar store improvements, and its e-commerce offering. Back then the company had acquired Omnicare, Target Pharmacy, and Aetna….
nhattienphoto Dear readers, Mowi’s (OTCPK:MNHVF) 2Q23 was a record-breaking quarter with high revenue and stable expenses, indicating plenty of upside potential. Like other salmon companies, the company’s valuation is primarily influenced by salmon pricing trends, and the company has maintained strong pricing and contract discipline over time here. In this article, I’m going to look…
Thomas Barwick Investment thesis Our current investment thesis is: Dole is a well-positioned business in a resilient, growing industry. Although the company is unlikely to outperform, we see limited downside risk and the scope for healthy cash returns (current FCF yield of ~6%). Dole’s financial performance is expected to improve, following the sale of its…
MichaelRLopez/iStock Editorial via Getty Images Shares of Marathon Petroleum (NYSE:MPC) have been a strong performer over the past year, rising by about 23% as the company has been aggressively reducing its share count with its excess cash on hand and strong free cash flow. Several year ago, I argued MPC was a strong buy due…
jetcityimage/iStock Editorial via Getty Images Post Q3 results, we still need to update our readers on Volkswagen (OTCPK:VLKAF) (OTCPK:VWAPY) (OTCPK:VWAGY). The company is Europe’s largest carmaker and a leading player in commercial vehicles. Volkswagen’s portfolio comprises 12 brands and covers all segments, from heavy trucks to supercars such as Bentley and Lamborghini. Today, we aim…
MasaoTaira Shares of Federal Realty (NYSE:FRT) have not been immune from the impact of rising rates on the real estate sector with its shares down by about 14% over the past year. This comes despite the fact that FRT has raised its dividend 56 consecutive years—the longest such streak in the industry. Given that track…
Bruce Bennett There’s nothing not to like about Verizon (NYSE:VZ) right now. The company reported decent earnings results for Q3, its business appears to be recovering, and its stock is a decent dividend and value play with a modest upside. While Verizon’s business could be negatively affected by the worsening of the macroeconomic environment next…
grandriver The pricing environment for energy producers like Occidental Petroleum (NYSE:OXY) has strengthened in recent months, in part because OPEC+ member countries like Saudi Arabia and Russia have extended significant oil production cuts until the end of the year. Higher petroleum prices are obviously a favorable development that is set to benefit Occidental Petroleum as…
aluxum The meeting between Biden and Xi Jinping in San Francisco some five days ago may have quelled some of the fears in investors’ minds pertaining to geopolitical concerns over China, which is also good for EM (emerging markets) in general given the East Asian country’s position as the world’s second-largest economy. However, the iShares…
Michael Vi Shares of Keysight Technologies (NYSE:KEYS) have been a poor performer over the past year, losing of 20% of their value. Last October, I recommended investors buy shares, which has proven to be a bad recommendation, even as the company actually achieved my EPS estimate as the company’s earnings multiple has contracted meaningfully on…
courtneyk We previously covered The Royal Caribbean Cruises (NYSE:RCL) in July 2023, discussing the massive euphoria embedded in its stock valuations and prices, as the cruise line continued to raise its FY2023 profit guidance, thanks to the robust consumer demand. We had preferred to rate the stock as a Hold then, attributed to the minimal…
Timothy McKay/iStock via Getty Images I am revisiting my Q1 thesis on Gogo, Inc. (NASDAQ: NASDAQ:GOGO) in light of Q3 earnings. Reflecting on my Q1 analysis, I rated Gogo a buy as I felt the market was undervaluing the strong, and growing subscription business. In addition, Gogo was improving cash flow, offered strong earnings guidance,…
JHVEPhoto Overview Kroger (NYSE:KR) has underperformed this year being down over 3% for the year. However, I believe this creates a great entry opportunity to pick up shares of a solid company. Kroger has an excellent business model that aligns with the trend of consumer spending. They also have an excellent dividend growth history while…
Michael M. Santiago It has been about a month since Exxon Mobil (NYSE:XOM) and Pioneer Natural Resources (NYSE:PXD) announced their $59.5b merger. This highly accretive merger is expected to close sometime in 1h24 and will significantly bolster Exxon’s upstream daily production volumes by 16% and total upstream revenue by 30% as well as provide margin-expanding…
FatCamera NovoCure Limited (NASDAQ:NVCR) is an oncology company that has pioneered a novel therapy for solid tumors known as Tumor Treating Fields (TTFields). Central to their business model is not just the provision of this innovative treatment, but also the comprehensive patient support services they offer. These services include training and technical support for Optune…
Gary Yeowell Dear readers, Boston Properties (NYSE:BXP) is an office REIT that holds A-Class workspace on both coasts with an especially heavy exposure to Boston, New York, and San Francisco. Notably, the REIT owns one of the youngest property portfolios with an average age of 15 years. BXP Presentation I’ve covered the company before and…
Arsenii Palivoda Investment Thesis Gravity Co. (NASDAQ:GRVY), an online and mobile gaming developing company, has surged in sales thanks to the Ragnarok series. With a stable leadership team and strategic market entry, it’s poised for growth in the expanding mobile gaming market. Gravity’s attractive valuation, low P/E ratio, and strong financial position make it an…
David Gyung FS KKR Capital Corp (NYSE:FSK) demonstrated a robust financial performance in Q3 2023, marked by an increased net and adjusted net investment income (NII), indicating a consistent enhancement in the company’s profitability. There was also a marginal rise in the net asset value (NAV) per share, reflecting the resilience and effective management of…