Category: Finance

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valentinrussanov Cybersecurity stocks have performed well in 2023, rising about +26.5% YTD, with the security backdrop boosted by an increase in data breaches and ransomware. Quarterly spending has increased approximately +12.7% YoY to ~$37.6 billion through the first half of the year, although commentary from sector leaders Fortinet (FTNT) and Palo Alto (PANW) raised some…

MGM Resorts International (MGM) BetMGM Business Update Conference (Transcript)

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MGM Resorts International (NYSE:MGM) BetMGM Business Update Conference Call December 4, 2023 11:00 AM ET Company Participants Adam Greenblatt – CEO, BetMGM Gary Deutsch – CFO, BetMGM Conference Call Participants Ed Young – Morgan Stanley Joe Greff – JPMorgan Carlo Santarelli – Deutsche Bank Shaun Kelley – Bank of America Stephen Grambling – Morgan Stanley…

SL Green: Positive Investor Day Should Not Outweigh Long-Term Challenges

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zxvisual/iStock via Getty Images Shares of SL Green Realty Corp. (NYSE:SLG) popped over 6% on Monday in response to the company’s Investor Day, where it announced a slew of actions, including a dividend cut and asset sale, to strengthen its business amidst the ongoing downturn in office real estate. Shares are now actually higher than…

Diamondback Energy: An Attractive Stock To Consider (NASDAQ: FANG)

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grandriver Introduction Midland, Texas-based Diamondback Energy, Inc. (FANG) released its third-quarter 2023 earnings on November 26, 2023. This article updates my article published on August 7, 2023. I have been following Diamondback Energy since 2019. Many analysts believe that Diamondback Energy, a tier-1 publicly traded company with significant leaseholds in the Permian Basin, namely in…

ON Semiconductor: Q3 Earnings Set Stage For Bullish Trend

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mesh cube ON Semiconductor Corporation (NASDAQ:ON) disclosed Q3 2023 earnings, demonstrating robust revenue growth and impressive gross margins. The automotive and industrial sectors were particularly noteworthy, achieving record revenues, with the automotive market experiencing a significant year-over-year increase. This article extends the discussion initiated in the previous piece, delving into a technical examination and assessment…

Coca-Cola FEMSA: Buy Growth At A Reasonable Price (NYSE:KOF)

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Hector Vivas Coca-Cola FEMSA (NYSE:KOF) is the largest bottler of Coca-Cola beverages in the world in terms of volume. KOF represents a rare mix of quality, growth, and an attractive valuation. The stock is currently rated as Buy by Seeking Alpha analysts, Wall Street analysts, and Seeking Alpha quant ratings. Additionally, KOF enjoys strong quant…

S&P 500: Bullish, Unless – Week Starting 4th December (Technical Analysis) (SP500)

Dec 3, 2023

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cemagraphics Holiday season is underway and the S&P 500 (SPY) is approaching the 2023 high after the fourth best November performance ever. Meanwhile, the 10Y yield has broken back below the significant level of 4.32% (the 2022 high) and markets have discounted around 100bps of Fed cuts next year. Goldman Sachs pointed out “the month…

Ares Capital: Put New Money To Work (NASDAQ:ARCC)

Dec 3, 2023

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Makhbubakhon Ismatova With tech stocks like Salesforce (CRM) and Apple (AAPL) back in full-swing again, hitting their 52-week highs, there’s plenty of new capital to be had should one wish to cash out of their positions. While unrealized capital gains are nice to see on paper, paper gains alone are not a tangible early retirement…

A Massive Data Dump May Lead To A Steeper Yield Curve And Then The Real Fun Begins

Dec 3, 2023

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