Bim In early 2021, I recommended buying PetroChina (OTCPK:PCCYF) for its cheap valuation, its high dividend yield and my expectations for higher oil prices. Since my article, the stock has vastly outperformed the S&P 500, as it has rallied 210% whereas the index has gained only 32%. The outperformance becomes even greater if the dividends…
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…
Ratchapon Supprasert/iStock via Getty Images Investment Thesis Recent underperformance in Redishred’s (TSXV:KUT:CA)(OTCPK:RDCPF) share price presents investors with an opportunity to purchase an underfollowed microcap with a strong M&A strategy, that is currently trading at a ~14% LTM free cash flow yield. Description Redishred is primarily a paper shredding business that was founded in 2006 with…
The Indonesian government is keen to protect crypto investors from exploitative exchanges and ensure optimal tax collection. The high demand for digital assets and Web3 products in Indonesia has seen registered users surpass more than 18 million, compared to 12 million traditional stock traders. With the number of crypto users expected to grow exponentially in…
Justin Sullivan Investment Thesis Company Overview Visa (NYSE:V), founded in 1958 with headquarters in Foster City, California, is one of the largest digital payment service providers that facilitates global commerce across more than 200 countries serving consumers, merchants, financial institutions, and government entities. Strength Visa provides payment facilitation to merchants and consumers. Their core business…