sharply_done A few months ago, I wrote an initiating article on B2Gold Corp. (NYSE:BTG), rating a speculative buy for those with a strong stomach for mine development risks. B2Gold is developing the large Goose mining project (I had formerly called it ‘Back River’ to be consistent with historical geography) which is expected to produce over…
Khanchit Khirisutchalual Datadog, Inc. (NASDAQ:DDOG) plunged after releasing first quarter earnings results. The company beat guidance on both revenues and profits, and lifted full-year guidance. Wall Street’s poor reception may be more to do with the stock’s valuation heading into the print, as DDOG is often viewed to be a long-term beneficiary of the rise…
Klaus Vedfelt/DigitalVision via Getty Images Kontoor Brands (NYSE:KTB) is an apparel manufacturer and wholesaler. Kontoor owns Wrangler and Lee, two very well-known denim brands. Since spinning off from VF Corporation (VFC) in 2019, the company has been driving very good profitability and brand growth improvements. I believe Kontoor is doing the right things and has…
We Are Investment action Based on my current outlook and analysis of Yext (NYSE:YEXT) stock, I recommend a hold rating. While I see aspects of growth inflection and upside, I think it is best to wait for YEXT to actually show growth inflection at the topline to take a more convicted view of the stock….
Most people who understand bitcoin know that there are two kinds of bitcoin. One is bitcoin, the asset which has a fixed supply and is quite volatile, and the second kind of Bitcoin, the network and protocol that maintains an immutable ledger that has never been hacked and is bullet proof, bomb proof and tank…
Justin Sullivan/Getty Images News In 2021 I read “One Up on Wall Street” by Peter Lynch and was greatly impressed by the famous slogan: Buy what you know! Since then, I began paying attention to all the objects and services I use in my daily life. At the time I was just a newcomer to…
ArtemisDiana The Global X Genomics & Biotechnology ETF (NASDAQ:GNOM) offers exposure to companies innovating in the field of genomic science covering techniques such as gene editing, DNA sequencing, and genetic therapy. The attraction here is an expectation that genomics will revolutionize medicine through tailored treatments that target identified proteins that cause underlying disorders. At the…
Nikada Introduction I wanted to revisit Apple Inc. (NASDAQ:AAPL) after its lackluster performance YTD, and to see how it has performed over the last year. The company is as strong as ever when it comes to profitability, while a lot of uncertainty looms around its ability to retain and grow revenues, however, this negative sentiment…
Feverpitched Matterport’s (NASDAQ:MTTR) business continues to grow, despite weak conditions in its core real estate market, indicating broader adoption of its subscription solution. The introduction of Property Intelligence could also provide a tailwind in coming years. Matterport’s losses remain large though, and the company has made little progress towards profitability in recent quarters. While losses…
R.M. Nunes/iStock via Getty Images Vinci Partners (NASDAQ:VINP) is one of Brazil’s leading alternative asset managers. The company manages around BRL 65 billion in assets, a substantial portion of which is dedicated to private or long-term capital commitment strategies. I have followed Vinci since November 2021, and have recommended it in articles in June 2022,…
molchanovdmitry Investment overview I give a hold rating to Vail Resorts (NYSE:MTN). While I am positive about the various aspects and implications of the Epic Pass program, I am holding off recommending a buy rating for MTN until the 2Q24 results. During which, I will be able to have a better view of how this…
AnuchaCheechang I am following up on my Q1 2023 thesis for América Móvil (NYSE:AMX) in light of JV changes and in advance of year-end earnings. I previously rated América Móvil a hold for the following reasons: Performance across countries was inconsistent, with strength in Brazil and Mexico partially offset by rate and volume challenges in…
PM Images Overview Trinity Capital (NASDAQ:TRIN) operates as a business development company and venture capital firm with a focus on providing venture debt to growth-stage companies seeking loans and equipment financing. Established in 2019, the company is headquartered in Phoenix, Arizona, and maintains additional offices across the United States. We can see an example of…
Volodymyr Zakharov/iStock via Getty Images Inflation has plummeted from its 9% high in June 2022 to its current 3%. It was transitory, lasting just 3 years. This decrease would have occurred without Federal Reserve actions because supply chain disruptions caused by COVID were destined to get resolved as shipping containers eventually got unloaded. This form…
sturti 8×8 (NASDAQ:EGHT) provides SaaS interface solutions for contact centers and communications with customers such as Acer, Trek, and Kubota, providing voice, video, and chat functionalities. The company has been able to grow revenues consistently in its long-term history but has stopped on its growth track in recent quarters, leaving investors wondering about the company’s…
Cristian Martin Pampa Energia (NYSE:PAM) is one of the leading Argentinian energy companies, with operations spanning generation, petrochemicals, natural gas extraction, and the gas and electricity transportation networks. I wrote about PAMP in March 2023 (buy), and January 2022 (hold). These articles contain a more detailed revision of PAM’s operations. In the March 2023 article,…
The recently announced capacity restrictions in the Panama Canal have done more than any other factor to reduce effective fleet supply worldwide NorGal/iStock via Getty Images Investment thesis Following its Q2 earnings, which I covered in a previous article, BW LPG (OTCPK:BWLLF, OTCPK:BWLLY) has reported even more substantial Q3 earnings. The main points supporting the…
Wongsakorn Dulyavit/iStock via Getty Images Intro We wrote about Caesarstone Ltd. (NASDAQ:CSTE) back in late July this year when we cited how the sale of the company’s flagship manufacturing plant in Israel (Sdot Yam) was a clear indication that customer demand was on the wane. To add insult to injury, the ongoing war in Israel…
Nathan Howard I cautioned Tesla, Inc. (NASDAQ:TSLA) investors in my previous article in August to be wary, even as it surged into its July 2023 highs, which has panned out accordingly. I reminded holders that TSLA was still “slightly overvalued,” and its price action wasn’t favorable, as it didn’t offer an optimal entry zone. However,…
Lemon_tm One of my closest personal friends told me a few years ago to keep an eye on the Scottish Mortgage Investment Trust plc (OTCPK:STMZF). This particular friend, although he was not a professional investor, have been very successful with his personal investments. So much so that he ‘retired’ from his day job as a…
izusek/E+ via Getty Images Co-authored by Treading Softly A common mistake that people make is assuming that this is the first time something has ever occurred. We often hear people say that “this has never happened before” or that there are no historical analogs for what is occurring. Unfortunately, a massive part of the human…
aydinmutlu As explained in Prof. Robert Jarrow’s book cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk premium in this graph, which shows the zero-coupon yield curve implied by current Treasury prices compared with the annualized compounded yield…
Charday Penn UK based financial services company Phoenix Group Holdings (OTCPK:PNXGF) has a firmly established status as a big insurance and investments provider. It’s even a part of the FTSE 100 (UKX) index, which includes the biggest 100 stocks by market capitalisation on the London Stock Exchange. Neither its position nor its huge trailing twelve…
jetcityimage Investment Thesis Thermo Fisher (NYSE:TMO) has consistently outperformed the market and has now established a revenue base that is largely recurring and predictable. In this article, I would like to discuss the business model, provide an overview of its capital allocation policy, and finally, I will perform a valuation. This valuation has led me…
RichLegg After a big rally for its stock in July as the hotel operator added restaurants to its business menu, the company’s latest financial results received a more cautious reception. GreenTree Hospitality Group Ltd.’s (NYSE:GHG) hotel business has been rocking as Chinese tourists and business travelers return to the road with a vengeance during the…
JacobH I last covered Uranium Energy Corp. (NYSE:UEC) in May, assigning the stock a Sell rating. My thesis revolved around the fact that the company does not produce any uranium and has been relying on the sale of existing inventory for almost all of its revenue. If a picture is worth 1000 words, then the…
Much of the discussion about Bitcoin technology lately revolves around various soft-fork consensus changes to the Bitcoin protocol including new opcodes or sighashes or around layer 2 technologies like Lightning. Discussion of mempool or policy (the non-consensus rules around Bitcoin nodes communicating with one another) often falls to the background. However, with recent high transaction…
Justin Paget Thesis The low cost of photovoltaics is incentivizing us to install more renewables and providing sustained tailwinds to the solar industry and its ancillaries. I find myself hunting for companies which might be able to turn these tailwinds into sustained returns. While I don’t think panel manufacturers can ever become attractive long-term compounders,…
DarkGel/iStock via Getty Images Lyell (NASDAQ:LYEL) is a developer of T-cell therapies for patients with solid tumors. It is in early clinical stage, and has two wholly owned programs targeting a variety of solid tumors. These are personalized, functional and longer duration T cell therapies that are highly reactive to both hot and cold tumors….
xijian/E+ via Getty Images The Company TTM Technologies, Inc. (NASDAQ:TTMI) is a $1.5-billion market cap company involved in the manufacturing and sale of a wide range of technology products. They operate in PCB and RF&S Components segments, offering a variety of technology products including custom assemblies, IC substrates, radar systems, and more. Their products cater…
Daenin Arnee Introduction Stewart Information Services Corporation (NYSE:STC) is in the property and casualty insurance industry. As many are aware, there was a lot of uncertainty in the last few months for the financial sector as the turmoil of some regional banks seems to have dragged the whole sector down with it. When looking at…