Spot bitcoin exchange-traded funds (ETFs) saw their trading volume surge to a record $111 billion in March, nearly triple the $42 billion traded in February. Approved earlier this year by the SEC, US spot bitcoin ETFs have rapidly gained traction among investors. Their volumes last month exceeded even the most optimistic expectations. NEW: #Bitcoin ETFs…
Portugal2004 As I briefly mentioned the last time I covered the firm, emerging markets and ‘premiumization’ (i.e. driving higher prices) likely represent Heineken’s (OTCQX:HEINY)(OTCQX:HINKF) best shot in terms of long-term earnings growth. At the end of the day the global brewers, of which Heineken is #2 to Anheuser-Busch InBev (BUD), only have so many drivers…
p_ponomareva/iStock via Getty Images About a year ago, I wrote a cautious initiation article on Pactiv Evergreen (NASDAQ:PTVE), noting that it was a heavily indebted company with half of its debt being floating rate term loans, which was not ideal in a rising interest rate environment. Since my article, PTVE’s stock has delivered -15% total…
yacobchuk/iStock via Getty Images I placed a hold rating on Eastman Chemical Company (NYSE:EMN) in July, stating that the company was not out of the woods, indicating more uncertainty. The stock has dropped 3.6% since July, compared to the S&P 500 Index (SP500) 0.08% drop. Since the article, the company has released its Q2 earnings,…
mediaphotos Introduction In the title insurance industry, Investors Title Company (NASDAQ:ITIC) has managed to grow rather well over the years and the market cap sits at just under $300 million currently. The company has managed to achieve quite solid margins which seem to have led to the slight premium you have to pay for the…