Andrii Yalanskyi/iStock via Getty Images India’s benchmark Nifty 50, which tracks the country’s fifty largest stocks (i.e., the uber caps), has continued its march higher since I last covered its US-listed tracker fund, iShares’ India 50 ETF (NASDAQ:INDY) (see INDY: No Stopping India’s Nifty 50 Stocks Into 2024). Last week saw some jitters creep into…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A St Petersburg court has seized €463mn worth of assets belonging to Italy’s UniCredit, the European lender with the second-biggest exposure to Russia, according to court documents. The seizure marks one of the biggest such…
ArtistGNDphotography/E+ via Getty Images Intro If we pull up a technical chart of Snap One Holdings Corp. (NASDAQ:SNPO) (US-based commercial & residential smart-living solutions outfit), we see that shares quickly (on the announcement of the pending acquisition by Resideo) moved up toward the buyout price of $10.75 a share. Astute shareholders would have sold their…
Susumu Yoshioka/DigitalVision via Getty Images April 29th ended up being a rather interesting day for shareholders of metal packaging firm Crown Holdings (NYSE:CCK). After the market closed, shares jumped about 3.3% in response to management announcing financial results covering the first quarter of the company’s 2024 fiscal year. Although the firm failed to meet expectations…
Metaplanet, a publicly-listed Japanese company providing hotel-related and other services, has announced the purchase of ¥1 billion (approximately $6.25 million) worth of Bitcoin. NEW: 🇯🇵 Japanese Public Company Metaplanet just bought $6.25 million worth of #Bitcoin Game theory has started playing out 🚀 pic.twitter.com/EJ19mcO9QF — Bitcoin Magazine (@BitcoinMagazine) April 26, 2024 The company, which is…
janiecbros/E+ via Getty Images Introduction Evolv Technologies Holdings, Inc. (NASDAQ:EVLV), a micro-cap play on AI-based weapon detection, hasn’t done a great deal of good for its long-standing shareholders since it got listed back in July 2021. For context, whilst other micro-caps have managed to generate returns of nearly 29% since EVLV went public, our focus…
alisbalb/iStock via Getty Images Introduction They are a ubiquitous presence on the Internet if one is searching for stock ideas. They are pervasive in their ad campaigns for their stock ideas and newsletters. At one time, they had their own radio show featured on NPR. For those of us who were beginning investors over a…
Shutthiphong Chandaeng Introduction I wanted to take a look at Perion Network (NASDAQ:PERI) to see how it performed over the last year and whether the 30% decline in share price was warranted since my first buy recommendation when I argued that the company’s growth prospects are very positive due to AI implementations, while an immaculate…
Michael H Oftentimes what you leave out of an investment portfolio can be more important than what you put in. This applies to exchange-traded funds, or ETFs, as well that avoid certain parts of the marketplace based on investor demand and a particular mandate. ESG funds do this by avoiding companies that are deemed to…
Marje Investment Thesis UMH Properties, Inc. (NYSE:UMH) is a REIT that focuses on manufactured housing in the United States in the residential space. With 135 manufactured home communities, the REIT has a total of 25,800 homesites located in the eastern and central regions of the United States, namely the eastern or central regions of New…
Stablecoin issuer Tether has significantly expanded its Bitcoin holdings, acquiring 8,888 BTC worth around $600 million. This latest purchase was revealed through on-chain data rather than an official announcement. Tether has not publicly disclosed its Bitcoin addresses. However, transactions tracked on the blockchain show 8,888 BTC were recently sent from the crypto exchange Bitfinex to an…
Hiroshi Watanabe/DigitalVision via Getty Images Intro & Thesis I initiated coverage on Viatris Inc (NASDAQ:VTRS) in October 2021, and then updated my bullish thesis a few months ago, stating that the stock looked dirt cheap. The VTRS stock rose significantly by 26.7% since my last update, outperforming the S&P 500 Index (SPX) (SP500): Seeking Alpha,…
DeanDrobot/iStock via Getty Images Pyxis Oncology (NASDAQ:PYXS) is developing antibodies and antibody-drug conjugates (ADCs) for various tumor types. When I wrote about the company in September 2023, I rated it a buy as the name was trading below cash and had the potential to run up into preliminary data from a phase 1 trial of…
Vivek Vishwakarma/iStock via Getty Images Income stocks have been left in the dust as growth stocks are what keep driving market indices to higher highs. While seeing capital gains can be nice, it’s income from various sources that pay the bills at the end of the day. Plus, dividends from these stocks can be a…
pepifoto There’s the man, and then there’s the index. There’s the index, and then there’s the ETF. A lot of people are familiar with media personality Joe Terranova. He’s got an index and a fund that seeks to track that index which is rules-based. The methodology is worth taking a look at independent of Mr….
Michael Vi The case to buy Zscaler shares now Has the long awaited consolidation trade finally arrived? Tuesday, March 5th, was not a pleasant day on which to hold high growth IT stocks. Apple Inc.’s report (AAPL) of a 24% decline in its iPhone sales in China in the first 6 weeks of this year…
youngvet/iStock via Getty Images Overview – Collateralized Loan Obligations Some dividend investors fall victim to the high yields. Speaking from experience, I understand the thrill of collecting those massive dividend payments and snowballing them into other areas of your account. However, I believe that some yields are harmful and strip value away from us as…
Rasi Bhadramani/iStock via Getty Images Silence Therapeutics (NASDAQ:SLN) is gearing up to report topline 36-week data from its phase 2 ALPACAR-360 study, which is using its drug zerlasiran [formerly known as SLN360] for the treatment of patients with high lipoprotein[a] and stable atherosclerotic cardiovascular disease [ASCVD]. It is expected to release such data in Q1…
China News Service/China News Service via Getty Images Introduction A quarter has passed since I initiated a “Buy” rating on Organon & Co. (NYSE:OGN). In this time the stock has gained around 63% – that’s 7 times more than the return of the S&P 500 Index (SPX) (SPY) in the same period: Seeking Alpha, the…
G0d4ather Broadcom (NASDAQ:AVGO) is expensive right now, yet as one of the leading semiconductor companies in the world, I think it has a place in technology portfolios. My analysis shows investors are paying a significant premium if buying now, but operations and financials will contribute to continued long-term growth for the firm. As an investor…
ssuaphoto Value investors seem to have been dismissed out of hand by financial advisors with most recommendations that I read based on momentum, growth, relative price to earnings, sales, EBITDA or some other convenient metric and few delving into the business or its fundamental economics. This is particularly so for commodity-based companies where, to be…
Olena Ruban/Moment via Getty Images Introduction During 2021 cannabis stocks were the new hot ticket item in the market, but since then the burning fire surrounding them has seemed to cool. In turn, this has caused many of them to trade at attractive valuations currently. Especially, if you believe in the long-term outlook on the…
MicroStrategy’s investment in bitcoin has reached a significant milestone, with the company’s holdings now valued at over $10 billion as BTC rises above $52,000. This achievement underscores MicroStrategy’s steadfast commitment to bitcoin as a long-term store of value and a hedge against inflation. JUST IN: MicroStrategy's #Bitcoin holdings are now worth over $10 BILLION 🤯…
Sundry Photography Written by Nick Ackerman. Texas Instruments Incorporated (NASDAQ:TXN) doesn’t make the exciting and flashy chips that power artificial intelligence, or AI. They are not catching any of those headlines that we’ve been consistently seeing from the other side of the chip world, namely Nvidia (NVDA). Instead, they make the boring chips that are…
mysticenergy Saturn Oil & Gas (OTCQX:OILSF, TSX:SOIL:CA) is a small capitalization Canadian oil & gas company that has confused investors by growing primarily through acquisition with enough change in the complexion of the company that it has been largely ignored. Last February, Saturn acquired Ridgeback oil & gas for (all funds in Canadian dollars) $516…
Kittiporn Kumpang/iStock via Getty Images This article was coproduced by Chuck Walston. After gaining ground Monday in concert with Verizon (VZ) and that company’s better-than-expected earnings report, shares of AT&T (NYSE:T) fell 3% with the release of mixed Q4 results. As investors mulled over the earnings call, several factors appeared to cause the tumble. Arguably,…
A woman shops online while at a cafe. andresr/E+ via Getty Images As a younger investor, I statistically have five decades or maybe even more ahead of me. That is why, as I am set to enter my late 20s (27 in April), my appreciation for compounders is continuing to grow. What do I mean…
Shutthiphong Chandaeng Intro Perion Network (NASDAQ:PERI) is a global technology company that operates in the digital marketing industry, providing advertising and marketing solutions to businesses, helping them reach their target audiences more effectively in the online space. The company operates two revenue streams: Display advertising and Search advertising. For additional context, display advertising involves visually…
Daniel Grizelj We previously covered BYD Company Limited (OTCPK:BYDDF) in October 2023, discussing its bright prospects as one of the top-selling automakers in the far future, thanks to its profitable growth trend and robust domestic/ international demand. Combined with its depressed valuations and low cost vertically integrated supply chain, we had maintained on Buy rating…
Chun han There are rumors floating around that Southwestern Energy (NYSE:SWN) is considering a merger with Chesapeake (CHK). As I have discussed in the past, both managements could use a serious upgrade. But there are attractions in that these companies operate in both the Marcellus and the Haynesville. So, there could be some attraction in…
deepblue4you For the 2nd week in a row, there was no data forthcoming from IBES and Refinitiv, which is actually understandable, since the last week of every quarter, and then the first week of the next quarter, is very slow in terms of earnings releases. Using the last “live” report from IBES data by Refinitiv,…
Justin Sullivan Nvidia Corporation (NASDAQ:NVDA) is undoubtedly valued unappealingly. However, the financials, growth and operations of the company are compelling. Amid concerns of a slowdown in artificial intelligence (“AI”) growth, I wanted to have a look to see if this was a company worth holding onto or if the elite valuation is too much. High…
Fly View Productions With a market capitalization of $5.51 billion as of this writing, Valley National Bancorp (NASDAQ:VLY) is one of the larger banks that I have decided to perform a deep dive into over the past year. Over the past few years, revenue and profits for the institution have skyrocketed. There has been some…
LanaSweet/iStock via Getty Images As I reflect on the last 12 months in REIT-dom, there’s one word that sticks out to me: Perseverance – the very idea that sums up my investing mantra, built on and by decades of past experiences. A few days ago, I wrote an article describing my journey as a real…
Scott Olson/Getty Images News Tupperware Brands Corporation (NYSE:TUP) faces financial challenges and an unsustainable debt burden. The company is attempting to execute a turnaround plan to improve its situation. Firstly, TUP is shifting from direct sales to nationwide distribution through Target stores and other channels. Additionally, TUP engaged in debt restructuring and changed its leadership,…
Analysts are characterizing MicroStrategy’s stock as akin to an “essentially a leveraged Bitcoin ETF” due to its exposure to the cryptocurrency. In the latest announcement on Wednesday, December 27, MicroStrategy Inc (NASDAQ: MSTR) acquired an additional 14,620 Bitcoins in the past month, spending $615.7 million at an average price of $42,110 per bitcoin, as outlined…
CZ is not the only popular crypto figure that made it to Bloomberg’s world’s 500 richest people in 2023. Brian Armstrong had a net worth of $7.25 billion. Changpeng Zhao (CZ), the founder and former CEO of Binance, has once again made it to Bloomberg’s Billionaires Index for 2023 despite facing regulatory challenges in the…
ugurhan The Calamos Convertible & High Income Fund (NASDAQ:CHY) is a closed-end fund, or CEF, that income-focused investors can employ in order to achieve their goals. The fund’s current 10.10% distribution yield stands as a testament to its success in this area, as this is a very attractive yield when we consider that the yields…
Justin Sullivan When it comes to the new world financial technology firms that are out there today, many are single products or simple platforms with only a few different offerings on them. One company that has avoided that kind of designation is SoFi Technologies (NASDAQ:SOFI), a firm that considers itself to be a one-stop shop…
Thapana Onphalai Power Corporation of Canada (TSX:POW:CA), with its extensive and multifaceted operations in financial services, might be significantly undervalued. Despite the inherent complexities due to its vast network of interrelated entities and investments, the sum of its parts analysis and comparison with industry peers suggest a potential undervaluation. Introduction: Power Corporation, with a market…
eranicle Today’s note is supposed to provide an update on the Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV), a passively managed investment vehicle beautifully calibrated for investors who are not ready for compromises on the value front. I have been covering this vehicle since January 2023, when I presented an analysis with a prevailingly…
In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot Bitcoin ETF could “unlock” around “$30 trillion worth of advised wealth.” Sonnenshein discussed the significance of introducing a spot Bitcoin…
akiyoko/iStock via Getty Images Continuing my series of articles on international exchange-traded funds, today I would like to provide a review of the Dimensional International Value ETF (NYSEARCA:DFIV). I suppose the moment is rather opportune, as a few investors might suggest that the recent Fed’s decision to keep interest rates steady opened the door for…
Athitat Shinagowin/iStock via Getty Images Chimera Investment Corporation (NYSE:CIM) is a New York REIT focusing on residential credit investments, especially mortgage loans and related securities. CIM was founded in 1994, with its IPO in November 2007. CIM operates on a blend of debt and equity to optimize returns and manage risks. The company has to…
ridvan_celik/E+ via Getty Images My last article on Afentra plc (OTCPK:STGAF) in August 2022 looked at the sale and purchase agreements signed with the government of Angola in April 2022 for 20% of oil production block 3/05 in shallow water offshore Angola. The deal completion was much anticipated but more than a year and a…
Md Babul Hosen Brief summary of prior coverage X4 Pharmaceuticals (NASDAQ:XFOR) is developing mavorixafor for WHIM (a rare inherited form of chronic neutropenia), as well as for a broader chronic neutropenia patient population. Mavorixafor’s mechanism of action is ideal for WHIM and results from clinical trials are very convincing for an eventual approval in WHIM….
At the time of writing, Coinbase stock is trading at $141.98 whoch indicates a drop of over 3%. Coinbase stock is in the red zone during the pre-market session today while Bitcoin price has decreased from $44,000 to around $41,600. At the time of writing, BTC is trading at nearly $42,000. It is reported that…
Kimberly Delaney/iStock via Getty Images Thesis I have been researching cannabis companies since the industry-wide rally in early 2021. With most of the industry unable to find positive cash flow through the 280e tax obligation, a majority of the operators in the United States have been unable to find positive cash flow or net income….
bjdlzx Neuberger Berman Energy Infrastructure and Income Fund Inc (NYSE:NML) is a closed-end fund, or CEF, that allows investors to include midstream master-limited partnerships, or MLPs, in their tax-advantaged accounts without running into potential problems at tax time. This can be a very good thing, because the financial stability and high yields of midstream partnerships…
NickyLloyd/E+ via Getty Images Kyowa Kirin Co. (OTCPK:KYKOY) is buying Orchard Therapeutics (NASDAQ:ORTX) at $16 per share and a CVR of up to $1. The stock is trading at a small premium to the cash takeout. These are financial instruments that are used in mergers and acquisitions. They represent a right to possible future payments…