Imagine I could reveal to you a stock that generates a cool $1 billion of income a year on revenues of $4.4 billion? That’s right a company that is so profitable it regularly reports 10-figures of profits, and now what if I told you the market values it at less than 1x sales, would you be interested?
» Read more about: Market Commentary: Is $1 Billion A Year Enough? »
Buying a boat manufacturer ranks right up there as one of the most treacherous investments when interest rates are elevated, at least on the surface.
But then there’s Marine Products Corporation that trades with a price-to-earnings ratio of just 7x. Not only is the PE ratio attractive but the earnings have been growing steadily quarter over quarter and operating income looks very attractive for the past three years too.
» Read more about: Market Commentary: 1 Marine Stock On Sale »
Following a market correction in 2022 of about 20%, this year has been topsy turvy with some stocks doubling and others lagging like an anchor is tied to their share price.
PetMed Express falls into that latter category as losses mounted but the underwhelming performance has created a potential opening for value investors to get in at really low prices.
» Read more about: Market Commentary: 1 Pet Stock You Would Be Barking Mad To Overlook »
David Einhorn has made a name for himself as the founder of Greenlight Capital, which manages around $1.7 billion at last count in Q3 2023.
Interestingly, the fund has made a massive bet on another company with Green in its name, Green Brick Partners. It’s an unfamiliar name to many investors and even those who do know of it may wonder why such a huge position was established by Einhorn and his investment team.
» Read more about: Market Commentary: $1.7 Billion Fund Bets Massively On 1 Stock »
Some stocks just don’t get a lot of notoriety but they deserve the plaudits. In the United States if you were to ask someone to name a digital payment processor, you would likely hear the names Square or Stripe, but the odds are Adyen wouldn’t rank highly in a poll.
It’s with good reason that the Dutch firm flies under-the-radar.
» Read more about: Market Commentary: Little-known Dutch Stock Is Soaring »
When you think of AI plays, Airbnb is not the first company that springs to mind. Yet, Brian Chesky’s firm has made a splash by snapping up GamePlanner.ai for $200 million.
Although it’s not apparent at first glance how artificial intelligence plays into the Airbnb business model, a deeper dive reveals the genius behind the acquisition.
» Read more about: Market Commentary: 1 Unlikely AI Play You Should Not Ignore »
As a prominent mall REIT, Simon Property Group (SPG) share price has been doubly impacted by both the rise of remote work and the surge in online retail, leading to its dividend yield soaring to an impressive 6.5%.
This high yield has prompted a significant change in management’s investment strategy, now favoring the repurchase of SPG shares.
» Read more about: Market Commentary: Insiders Think This Stock Is a Steal »
Imagine your job is to grow Starbucks. You’ve got your work cut out for you launching hundreds of store locations each year in prime locations. Market research, consumer trends, cost of real estate, these are just a few of the factors you’ll need to analyze before building out the stores, and then you’ve got all the challenges of hiring baristas,
» Read more about: Market Commentary: Is This Stock The Next Starbucks? »
It’s been a while but eventually the wheel has come full circle for Cathie Wood, it seems. From the dizzying heights of 2021 to the crushing lows of 2022, Wood and her ARK Invest fund have enjoyed the highest highs and suffered the lowest lows.
Over the past couple of weeks, sentiment has swung back in her favor and some of her stocks have been on an absolute tear,
» Read more about: Market Commentary: 3 Cathie Wood’s Stocks Are Soaring Again »
Barely a couple of weeks ago, the tenor of the markets changed. Cathie Wood, the poster girl for high growth stocks, reported massive gains among her portfolio of stocks.
In a single week, Nurix Therapeutics gained 16%, Pinterest rose by 19%, Verve Therapeutics flew higher by 18%, Ceres was up 15%, Shopify soared by 22% and Palantir was up 20%.
» Read more about: Market Commentary: 3 Breakouts Signal Santa Claus Rally »