Monty Rakusen Those who have followed this takeover approach since its announcement on 13 Aug 2023 do not need a lot of information about United States Steel Corporation (NYSE:X), best known as US Steel, and Cleveland-Cliffs Inc (CLF). For those who are jumping in at this point, see a brief description below. If you are…
Andrii Yalanskyi Dear subscribers, Two of my by far largest REIT positions today are found in two monthly-paying companies. Both are what I would consider “cheap” for what they offer investors. Both of them are investment-grade rated or above (high IG). Both have yields over 4%, which makes them appealing even in the light of…
Nikada/iStock Unreleased via Getty Images Overview My recommendation for Jamf Holding Corp. (NASDAQ:JAMF) is a buy rating, as I expect JAMF to continue growing as it continues to grow alongside the strength of Apple (AAPL) products. The upside catalyst for driving the share price up is earnings growth acceleration, which JAMF should start to experience…
shaunl A Quick Take On Park City Group Park City Group (NASDAQ:PCYG) provides various supply chain software functionalities to businesses worldwide. I previously wrote about Park City with a Hold outlook. While the company appears to have the makings of improving operating leverage, management will need to do more to reignite revenue growth despite the…
Pgiam/iStock via Getty Images Investment briefing Abcam plc (NASDAQ:NASDAQ:ABCM) has caught a tremendous bid these past 2 months after announcing a “strategic review,” and acquisition interest from Danaher (DHR) now looking more and more likely. ABCM popped with authority in June after the British company confirmed it will consider a sale to the right target…
mahiruysal/E+ via Getty Images Helios Towers (OTCPK:HTWSF) is a telecommunication tower company focused on African and Middle-East regions. The business model of the tower companies is rather simple. Purchase a portfolio of towers, operate them efficiently and add more tenants on the towers, which elevates return on invested capital. While the stock has been sliding…
Jozsef Soos Here at the Lab, we positively report Leonardo’s stock price performance (OTCPK:FINMF) (OTCPK:FINMY). Since our buy rating called “Now A Buy,” we recorded a total return of almost 70%, and we believe the company is still discounted. Our investment was backed by 1) a recovery in the Aerostructures division supported by Boeing, 2)…
lamyai Introduction One of the stocks that has been a cornerstone of my agriculture research is The Andersons (NASDAQ:ANDE). This Ohio-based corporation is one of the most well-diversified agriculture players, with significant exposure in trade, ethanol, and fertilizer supply. The Andersons The company manages more than 79 facilities to trade close to 40 million tons…
AzmanJaka Summary Following my coverage of Matterport (NASDAQ:MTTR), which I recommended a hold rating as the stock price has risen to my initial price target of $3.82. This post is to provide an update on my thoughts on the business and stock. I reiterate my hold rating for MTTR despite it continuing to see strong…
JHVEPhoto Dear readers/followers, When it comes to overvalued companies (or what I view as one) with a potential upside, but only if you base it off 20x+ P/E, I don’t believe the market has yet accounted for the full impact of the risk-free rate and normalization with regards to this in terms of what companies…
fatido We earlier published a report on what we see as a strong growth trajectory for Redwood Trust (RWT). While we have long been aware of RWT’s presence in the jumbo mortgage market, we only revisited it because of Portfolio Income Solution’s ongoing search for the best opportunities in the Fixed-to-Floating rate preferred space. What…
Fly View Productions/E+ via Getty Images Being with no one is better than being with the wrong one. Sometimes those who fly solo have the strongest wings.”― Nitya Prakash. Today, we put Solo Brands, Inc. (NYSE:DTC) back in the spotlight, as it seems an appropriate time to revisit this small cap name after it recently…
William_Potter/iStock via Getty Images Dear readers/followers, I’ve published separate articles on Prologis (PLD) and STAG Industrial (NYSE:STAG) a while ago, essentially highlighting my preference for the latter. With both REITs having reported their Q2 2023 earnings recently, today I want to write a comparison piece to show why I think STAG continues to be a…
Zerbor The Bureau of Labor Statistics’ slightly hotter than expected PPI report sent bond prices tumbling, bringing the 10y US T-Note yield to 4.15%. The ongoing debate of whether the Fed is finally done hiking tilted back, at least for the moment, to the “higher for longer” side of the argument. This type of sea…
Joe Raedle/Getty Images News Listen below or on the go via Apple Podcasts or Spotify. Victor Dergunov, The Financial Prophet, on Disney’s (NYSE:DIS) recent earnings. DIS showed constructive revenue per user but needs a return to compelling content. This is an excerpt from Wall Street Breakfast’s recent episode Wall Street Lunch: A ‘Goldilocks’ July CPI…
imantsu With its recent acquisition of Fill-Rite in 2022, The Gorman-Rupp Company (NYSE:GRC) levered its balance sheet for the first time in over 10 years. This acquisition was made for $528 million, or $448 million after expected tax benefits from the transaction. Fill-Rite generated $140 million in revenue and $34.5 million in adjusted EBITDA in…
Phiromya Intawongpan A Quick Take On Information Services Group Information Services Group, Inc. (NASDAQ:III) reported its Q2 2023 financial results on August 3, 2023, beating both expected revenue and EPS estimates. The company provides digital transformation consulting and technology services worldwide. I previously wrote about ISG with a Buy outlook. Forward revenue growth expectations are…
AlKane/iStock via Getty Images In my opinion, Hercules Capital (NYSE:HTGC) is a solid choice for any income investor looking to capture some reliable cash flow. The price entry is not the best right now, though, as it sits near an all-time high, so it currently remains at a Hold rating for me. Hercules Capital proves…
AleksandarNakic/E+ via Getty Images Introduction Shares of Cars.com (NYSE:CARS) have risen 65% YTD. Since my last publication, where I recommended buying the company’s shares, quotes have risen by 47%, while the S&P 500 index has shown growth by 15%. Despite the solid operating and financial performance, I believe that now is not the best time…
Marilyn Nieves Piedmont Office Realty Trust (NYSE:PDM) turned in another strong quarter of leasing with positive cash spreads of 14%. They also made significant progress in the renewal of their largest tenant, U.S. Bank. But the real story is their recent refinancing activity and the subsequent decrease in the quarterly dividend. Some may relish in…
Wirestock/iStock Editorial via Getty Images Since the last time I covered the pharmaceuticals giant AstraZeneca (NASDAQ:AZN) (OTCPK:AZNCF) in May this year, its share price is almost back to where it was when I wrote. Even at the time, there seemed little short-term upside to the stock. In fact, it fell by almost 10% in the…
sasacvetkovic33 Antero Resources (NYSE:AR) has underperformed since my initial write-up, but rebounded nicely after my May “Buy” reiteration, up over 18% since then, outpacing the S&P 500’s under 10% return. With the stock reporting its Q2 results, I wanted to catch up on the name. Q2 Results For Q2, AR delivered revenue of $953.3 million,…
Yana Tatevosian Investment thesis Our current investment thesis is: Jamieson has developed deep expertise in the industry, through product development and innovation. This has allowed the business to develop a highly regarded and trusted brand for high-quality products. Growth has been strong, with Management now focused on international expansion, through entry into China and investment…
David McNew PacWest Bancorp (NASDAQ:PACW) finally reported much-awaited results for the second quarter after the market closed on Tuesday. Just before the market closed, speculation swirled on rumors that the regional bank was set to merge with regional banking rival Banc of California (BANC), causing shares to plunge by almost 30%. Rumors were later confirmed…
Justin Sullivan Since our initiation of coverage called “EssilorLuxottica Is A Combination Of Value And Growth,” the company’s stock price (OTCPK:ESLOF)(OTCPK:ESLOY) appreciated by almost 30% (including the dividend payment). Before our deep-dive into the just announced quarterly results, our buy rating is supported by 1) acquisition synergies with GrandVision’s integration; 2) the company’s collaboration renewals;…
WANAN YOSSINGKUM Summary Following my coverage on MSCI (NYSE:MSCI), which I recommended a buy rating based on my positive long-term view of the business, where its unique databases serve as a strong competitive advantage despite short-term earnings drags. This post is to provide an update on my thoughts on the business and stock. I reiterate…