dnaveh/iStock Editorial via Getty Images Since the last time I wrote about the skateboarding shoe brand Vans’ owner V.F. Corporation (NYSE:VFC) in January, its price is down by 21%. Even then, the company’s weakening fundamentals inspired little faith in the stock, prompting a Hold rating. But changes in leadership and a restructuring plan called Project…
We Are The shine has come off once-high-flying tech stocks in recent months. The Information Technology sector is barely outperforming Treasury bills thus far in 2024 while other sectors such as Energy and Utilities have performed well in the last month. It comes as the macro backdrop turns murkier, with recalcitrant inflation fears and concerns…
JulPo Introduction Ferguson plc (NYSE:FERG) is a value-added distributor that does everything from HVAC, plumbing, and appliances to help customers replace and maintain equipment. In this article, I’ll discuss the company’s Q2 2024 results, my outlook for the company, and analyze the current valuation and risks to see if the current share price offers investors…
Aksana Kavaleuskaya By James Knightley, Chief International Economist ISM services rebounds, but contradictions with official data continue The ISM services index has bounced back nicely in January with the headline index at 53.4 versus 50.5 in December. The consensus was 52.0 with anything above 50 equating to expansion and anything below 50 being a contraction….
Justin Sullivan Investment Thesis Preview We initiated our overage on Williams-Sonoma (NYSE:WSM) in “Williams-Sonoma: Priced To Perfection” with a “hold” rating in January this year. The stock has been lower for the next eight months and only climbed up recently. It is currently about 17% above where it was in January. Our thesis was built…
Lisa Lake Introduction This will be the third and last article of my three-part series on three big health insurance providers in the U.S. I will link the first two articles here because I will refer to both of them several times throughout this article: Humana: Recent Selloff Might Present A Buying Opportunity UnitedHealth Group:…
Petmal Crestwood’s Q2 Update: Crestwood’s (NYSE:CEQP) Q2 was marginally weaker than expected with EBITDA coming in at $176 million, down 2% year over year, and missing consensus estimates of $194 million. This miss was due to lower commodity prices, a non-cash loss on NGL storage and some well shut ins, particularly on the Arrow system…