Stoneco (STNE) is a leading provider of payment solutions for e-commerce businesses and merchants in Latin America.
In Q3, the company reported revenue of approximately $390 million and EBIT of nearly $33 million.
The platform has attracted over 2.3 million SMBs yet the stock has seen a significant decline of over 40% this year as political challenges in Brazil and a rising interest rate environment acted as headwinds.
In this Ivy Investment Alert, I cover why Cenovus Energy (CVE) is a good buy under $19 per share.
A summary of compelling tailwinds to justify the buy include:
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» Read more about: Ivy Investment Alert: Energy Stock 32% Upside »
Correlation and causation can easily be mixed up when trading. Just because markets fall every time something happens doesn’t mean that something is the cause. Nevertheless, when correlations appear, they should be respected, and we just stumbled upon one that, if true, screams it’s time to SELL.
Over the past year or so,
Some of the old adages from the Oracle of Omaha, Warren Buffett, include “Buy for the long-term”, “You can’t time the market” and “Never bet against America.”
With that backdrop, Buffett’s latest moves – or at least those of Buffett and his lieutenants – should create shock waves across the investment community.
» Read more about: Buffett Sell-to-Buy Ratio Reveals Terrifying Omen »
Billionaire David Tepper has taken big stakes in some of the best known companies on earth. He’s bet 14.1% of his portfolio on Alphabet, 12.0% of it on Amazon, and 8.7% on Meta. Surprisingly though, none of those tech bellwethers eclipse his top holding in a single energy company, Constellation Energy. He’s put an astonishing 16.1% of his portfolio into this one energy stock,
» Read more about: Billionaire Bets 16.1% of Portfolio on 1 Energy Stock »
When the market crashed in 2020, COVID was cited as the cause. A contagious virus was contaminating people across the globe. Businesses were shut down. In some nations, travel restrictions extended to being unable to drive more than 3 miles without encountering checkpoints. In anticipation of a global collapse of enterprise and transactions of goods and services,
In 2020, a shocking report revealed that 90% of actively managed portfolios failed to beat the market over a 15 year time horizon.
According to the S&P SPIVA report, a full 88.4% of managed equity funds underperformed the market.
Many of the fund managers are Ivy League-trained with impeccable pedigrees and intellect,
It’s been a brutal twelve months for Palantir shareholders with the stock dropping 34.9%. But on Valentine’s Day loyal shareholders finally were rewarded with good news that spiked PLTR share price by 21.1% after the company reported profit of a single penny per share in Q4 (a loss of $0.03 was expected). Better yet, the company forecast a profitable 2023.
» Read more about: AI Stock Finally Turns Profitable: Buy, Buy, Buy? »
Some companies have moats that cannot be ignored, and Match Group fits that bill. Match is the company that houses online dating apps, such as Tinder, Hinge and its original flagship site, Match.com. But what makes the stock attractive to own, besides the fact that it’s Valentine’s Day and love is in the air?
Nelson Peltz is a billionaire whose net worth is estimated at $1.7 billion. We took a deep dive into his portfolio and found an astonishing finding. He bet over 30% of his portfolio on a single stock, a plumbing and heating products distributor.
