Tag: Stock
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Vertiv Stock: Further Upside Possible, Driven By Generative AI (NYSE:VRT)
RonFullHD/iStock via Getty Images When you have a stock that has already rallied by over 250% this year alone as is the case with Vertiv Holdings (NYSE:VRT) and is trading at a forward price-to-sales of nearly 90% above the median for the industrial sector, you better have some strong justification for any future upside. This…
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Cincinnati Financial Stock: This Dividend King Is Finally A Buy (NASDAQ:CINF)
A woman works on a laptop. Rockaa/E+ via Getty Images At just 26 years old, I don’t claim to be the most knowledgeable investor in the world. Heck, the investing legends have forgotten more than I even know about this business. As long as I live, though, the beauty of investing is that time and…
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Medical Properties Trust Stock: Dead Money At Best, Better To Avoid (NYSE:MPW)
DNY59 High-conviction Medical Properties Trust, Inc. (NYSE:MPW) investors have failed to lift MPW from its doldrums over the past two months since I downgraded the stock to a Hold. The caution is justified, as I reckoned the challenges that hampered MPW’s bullish thesis was more than just a hawkish Fed. I indicated that the market…
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Stock market holiday today: BSE, NSE to remain shut for Christmas
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain shut on December 25 on account of Christmas. There will be no trading in equities, equity derivatives, interest rate derivatives and currency derivatives, while securities lending and borrowing will also not take place on Monday. Wholesale commodity markets, including metal and bullion,…
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Wendy’s Stock Looks Reasonable Value After A So-So Year (NASDAQ:WEN)
Bruce Bennett This has been a frustrating year for The Wendy’s Company (NASDAQ:WEN). Shares of the burger chain franchisor have fallen around 5% in that time including dividends, underperforming peer McDonald’s (MCD) by over 18ppt amid relatively soft comps. With that leaving Wendy’s on a fairly modest multiple of free cash flow and sporting an…
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GoDaddy Stock: Positive Takeaways From Recent Investor Conferences (NYSE:GDDY)
Spencer Platt Elevator Pitch I have a Buy investment rating for GoDaddy Inc. (NYSE:GDDY). GoDaddy’s share price went up by +42.0% (source: Seeking Alpha price data) after I raised my rating for GDDY from a Hold to a Buy with my October 10, 2023, write-up that highlighted several “potential value unlocking initiatives” for the stock.…
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AltaGas Stock: Not Cheap But I Like The Growth Projections (ATGFF)
The Bold Bureau/iStock via Getty Images Introduction AltaGas (TSX:ALA:CA) (OTCPK:ATGFF) is a Canadian energy infrastructure company focusing on its utilities and midstream divisions. In the midstream division, the company operates two LPG terminals which offer a competitive advantage to serve Asian markets. During the third quarter, AltaGas exported almost 120,000 barrels of LPGs per day…
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SiTime Corporation Stock: May Have Broken Out After A Long Pause (NASDAQ:SITM)
seraficus/E+ via Getty Images SiTime Corporation (NASDAQ:SITM), a supplier of semiconductor chips for precision timing, has been in consolidation mode after it saw its stock price collapse starting in late 2021. The stock hit bottom in October 2022, but SITM has yet to completely recover from the losses it suffered in the preceding months. The…
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Marine Products Stock: Expecting A Storm Ahead (NYSE:MPX)
gaspr13/E+ via Getty Images Marine Products (NYSE:MPX) manufactures recreational fiberglass powerboats under the Chaparral and Robalo brands. The company sells its boats to an extensive global network of authorized dealerships, including over 300 dealers as of the company’s June presentation. The company prides itself on innovative design and efficient operations. With strong earnings, the Marine…
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FedEx Stock: Roaring Back Heading Into Q2 Earnings (NYSE:FDX)
Rawf8 FedEx Corporation (NYSE:FDX) has come roaring back after a rough period in 2022. As predicted over a year ago, the new CEO appeared to “kitchen sink” the forecasts, and now the global shipping company is firing away heading into its fiscal Q2 2024 results expected post-market on Tuesday, December 19th. My investment thesis remains…