400tmax Investment Thesis: I rate Tripadvisor as a hold at this time. In a previous article back in January, I made the argument that Tripadvisor (NASDAQ:TRIP) could have the capacity for upside if revenue continues to see growth and selling and marketing costs as a proportion of overall revenue decline from here. While the stock…
ariya j/iStock via Getty Images Don’t hope. Hope is for people who aren’t prepared. – Kareem Abdul-Jabbar THE MACRO VIEW The Weekly MACRO report should serve as a time to pause and reflect on the Bigger picture that is never as volatile and tumultuous as the everyday/weekly market scene. Given the frantic pace of the…
Yevhen Smyk Waste Management, Inc. (NYSE:WM), through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. We have published already three article on Seeking Alpha about the firm, starting in July, 2022, with a bullish coverage. Later on, in October, 2022, we…
tobiasjo/iStock via Getty Images Elevator Pitch CapitaLand Ascendas REIT (OTCPK:ACDSF) [A17U:SP] is rated as a Hold. My earlier November 28, 2023 update touched on the divergence in the performance of CapitaLand Ascendas REIT’s different assets and the REIT’s inorganic growth strategy. In this latest write-up, I draw attention to ACDSF’s Q1 2024 business update, and…
alvarez/E+ via Getty Images Oops! All investors have their regrets. I share one with many people – Amazon (AMZN). I bought some around the year 2000, but fairly quickly sold it. Another regret is The Home Depot, Inc. (NYSE:HD). Someone told me to buy it in about 2009. It was an interesting enough idea to…
monsitj In this article I outline how I will allocate the money in my retirement fund for the month of April. I will use the 10-month exponential moving average (EMA) and a relative strength ratio to determine where my money will go among four ETF choices: SPDR S&P 500 ETF (NYSEARCA:SPY) , Vanguard Extended Market…
Douglas Rissing Investment thesis: The market is currently pricing in Federal Reserve interest rate cuts, with expectations recently boosted by its latest signals. The S&P 500 Index (SP500) is trading at a P/E rate of about 28, whereas historically it has been averaging about 16, which is arguably an indication of rate-cut expectations being baked…
MarsYu By Mike Larson, Editor-in-Chief, MoneyShow Mish Schneider, Chief Strategist at MarketGauge.com and Kenny Polcari, Chief Market Strategist at SlateStone Wealth share their take on stocks, sectors, commodities, and more. Transcript Mish Schneider’s Market View Larson – Hi there. I’m Mike Larson, Editor-in-Chief with MoneyShow. And I’m coming to you from the Las Vegas Money…
simonkr The iShares National Muni Bond ETF (NYSEARCA:MUB) tracks the listed muni bond market, with substantial exposure to California and New York states in the US. The duration is quite long on this ETF at 6 years, so speculation on relatively short-term factors will matter. The ETF is super efficient with an expense ratio of…
Pla2na/iStock via Getty Images Performance Assessment I’ve been the only bear on British American Tobacco (NYSE:BTI) (OTCPK:BTAFF) among Seeking Alpha analysts. Following my first ‘Strong Sell’ view on BTI, the stock underperformed the S&P 500 by 9.48% on a total shareholder return (TSR) basis, and also delivered an absolute TSR of -0.89%. In my second…
hqrloveq/iStock via Getty Images Main Thesis/Background The purpose of this article is to discuss the current macro-environment of the market right now, with a specific focus on the implications for tax-exempt municipal ((muni)) bonds. This is top of mind for me for a few reasons. One, the bond market as a whole (including munis) had…
PhonlamaiPhoto It’s other peoples’ supply that matters here For me to say that E3 Lithium’s (OTCQX:EEMMF) prospects depend upon your view of the lithium market is both clearly true – it’s a miner, of course prospects depend upon the market – and also not very helpful. Because it’s a miner so of course its prospects…
Natal-is Although Crocs (NASDAQ:CROX) shares have lost value since I last covered the company with a “Buy” rating about 9 months ago, I maintain an optimistic fundamental outlook for the footwear brand. Specifically, I think the company’s recently shared projections for FY 2023 results provide proof that the Crocs brand still enjoys strong commercial momentum…
Thanakorn Lappattaranan/iStock via Getty Images “Learn to deal with the valleys and the hills will take care of themselves.” – Count Basie Despite all of the other headlines that surround investors they will be focused on earnings. The big banks have already started to report and some of the high-profile names visited the earnings confessional…
Ackun/iStock via Getty Images Shares of Jazz Pharmaceuticals (NASDAQ:JAZZ) have traded flat to somewhat lower since my November 2022 article and this was largely in line with what the average biotech stock was doing until early November of last year, the time when biotech stocks began to recover and Jazz’s share price made no progress….
Steve Heap/The Image Bank Unreleased via Getty Images Intro Costco Wholesale Corporation (NASDAQ:COST), a retail giant renowned for its warehouse club model, has consistently demonstrated its resilience and financial strength over the years. Over a five-year span, the stock returned more than 250%, easily clearing the S&P 500 in the same time period, which was…
Applicants have submitted final S-1 amendments for proposed spot Bitcoin ETF approvals expected from Wednesday. Several prospective issuers of spot BTC exchange-traded funds have amended and finalized S-1 forms, in what is the final step in their quest for a spot Bitcoin ETF. According to reports, recent amendments were from applicants, including Fidelity Investments, VanEck,…
KatarzynaBialasiewicz/iStock via Getty Images Investment thesis Over the past 8 years, Tempur Sealy’s (NYSE:TPX) revenue grew at 7 % CAGR due mainly to the USD 0.5 billion acquisition in 2021. Without the acquisition, revenue growth would only be at about the long-term GDP growth rate. I also have concerns about its ability to achieve productivity…
monsitj In this month’s article, I outline why I will maintain my position of having 100% of my pension plan assets invested in the SPDR S&P 500 ETF (NYSEARCA:SPY). I will not have a cash position. First, let me review my pension plan performance in December. The market, as measured by the S&P 500 index,…
Dilok Klaisataporn/iStock via Getty Images “A lot of people with high IQs are terrible investors because they’ve got terrible temperaments.” – Charlie Munger In conversations about the economy over the last several months, we’ve discussed how the current macro backdrop has been among the most difficult to make sense of that I can ever remember….
Photology1971/iStock via Getty Images Elevator Pitch I continue to have a Neutral opinion and a Hold rating for Inter Parfums, Inc. (NASDAQ:IPAR) stock. I previously downgraded my rating for IPAR from a Buy to a Hold with my September 22, 2023 update on the basis of the company’s “mixed outlook, considering both the top line…
monsitj In this month’s article, I outline why I will reverse last month’s decision and return to having 100% of my pension plan assets invested in the SPDR S&P 500 ETF (NYSEARCA:SPY). I will not have a cash position. First, let me review my pension plan performance in November. The market, as measured by the…
The Bitcoin network has set a new historic mining hashrate record as the market prepares for next year’s halving. The hashrate for Bitcoin hit a record high on Saturday, cresting at 543 EH/s at 8:00 am GMT. This beat the 525 EH/s recorded on the 7th and 10 of October. The current high puts the…
David Baileys “Humankind cannot bear very much reality.” – T.S. Eliot As the data continues to flow in, third-quarter GDP growth is ranging from the Atlanta GDP Now forecast of 4.9% to the St.Louis Fed Nowcast of 1.6% or the NY Fed Nowcast of 2.2%. Unless there is a change, Q3 GDP growth is going…
primeimages In this month’s article, I outline why I will keep 100% of my pension plan assets invested in the SPDR S&P 500 ETF (NYSEARCA:SPY). I will have no cash position. First, let me review my pension plan performance in September. The market, as measured by the S&P 500 index, lost 4.87% for the month,…
Jan-Otto/iStock via Getty Images “The surprise is that you continue to be surprised.” … Jill A. Davis The early bounce in the markets to start the year got a boost in May. The ‘Sell in May and Go Away’ myth proved to be just that—a myth. Stronger-than-expected economic data, AI Mania, slowing inflation, and hopes…
JulPo Summary Readers may find my previous coverage via this link. My previous rating for Nuvei Corp. (NASDAQ:NVEI) was a buy, as I believed the share price decline was a buying opportunity as I continued to expect high growth rates in the mid-terms. I am revising my rating from a buy to a hold rating…
Umnat Seebuaphan/iStock via Getty Images Elevator Pitch I have a Hold investment rating for Envestnet, Inc. (NYSE:ENV) stock. Previously, I wrote about an activist investor getting involved with ENV in my prior April 20, 2023 update for the company. With this latest write-up, I downgrade my rating for Envestnet from a Buy earlier to a…
Kameleon007 “Your mind is like a parachute: If it isn’t open, it doesn’t work.” – Buzz Aldrin There are many aspects of navigating the financial markets that offer little to no value to an investor. Perhaps there is no bigger one than arguing about whether it’s a BULL or BEAR market. For one thing, these…
selensergen Invesco Raymond James SB-1 Equity ETF (NYSEARCA:RYJ) is a quasi-actively managed investment vehicle that I attempt to cover at least once every few months. As I clarified in the previous note, I apply the ‘quasi-active’ label when describing exchange-traded funds that are, at first glance, managed passively, but with overly sophisticated underlying indices, at…
View, Inc. (NASDAQ:VIEW) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Samuel Meehan – Head, IR Rao Mulpuri – CEO Amy Reeves – CFO Conference Call Participants Pavel Molchanov – Raymond James Operator Greetings, and welcome to View Inc.s Second Quarter 2023 Earnings Call. At this time, all participants are…