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Intel's logic chip shipments remain in a cyclical downturn
Excessive capex spend and economic factors such as rising interest rates and inflation have contributed...
October 17, 2023, 4:53 pm
Bp raises 2030 ebitda guidance, reiterates capex outlook
BP retains its capital expenditure targets for 2025 and 2030....
October 11, 2023, 10:32 am
Digital realty trust is likely to underperform
Digital Realty Trust is a data center REIT with properties primarily located in North America and Europe. The company leases server capacity to major ...
October 10, 2023, 4:46 am
Orange - this pressured telco is nonetheless still a buy
Orange has front-loaded major investments, resulting in declining ratios of CapEx/sales compared to other telcos. The company has strong safety scores...
October 8, 2023, 10:30 pm
Columbus mckinnon undervalued as near-term capex pressures obscure the long-term growth opportunities
Columbus McKinnon's shares have declined about 10% this year, as companies have pulled back on investments in factory and logistics automation in the ...
October 7, 2023, 11:54 pm
Lonza group: downside scenario already priced in
Lonza's CEO departure raises questions about business continuity, but we believe the stock price already reflects the worst-case scenario. Lower ...
October 5, 2023, 4:55 am
Agnico eagle: too cheap to ignore
Agnico Eagle Mines is down sharply from its highs, and is a case of the proverbial baby being thrown out with the bathwater. This is because the compa...
October 4, 2023, 11:06 am
Volkswagen: positive macro upside
We positively view Draghi's appointment to support European auto competitiveness vs. Chinese electric cars. New duties may be imposed. Volkswagen is n...
October 4, 2023, 7:35 am
Macy's: a deep value trap?
Macy's stock is down over 40% year-to-date due to reduced guidance and increased capex spending, which ...
October 2, 2023, 12:22 am
Cad widens, more pain ahead
While imports face upside pressures, exports may continue to underperform amid subdued global growth dynamics. Resilient domestic economic growth, nas...
September 28, 2023, 5:29 pm
Agilent not as agile as hoped as life sciences demand proves to be less than invincible
Demand from biopharmas for life sciences equipment has not sustained high expectations in 2023, leading to weaker growth and negative revisions for co...
September 26, 2023, 4:14 pm
Safehold: playing the duration risk via a reit vehicle
Safehold is a unique ground lease REIT with a market cap of $1.2 billion. The high interest rate environment has increased demand for Safehold's offer...
September 26, 2023, 3:28 pm
Veeco instruments: opportunities across the board and not overvalued
Veeco has been executing better in its core business despite downturns in areas like hard drive capex, and recently won its first laser anneal busines...
September 26, 2023, 1:45 pm
Walt disney: iger backs off the edge of the cliff, pledges $60b in parks capex
The Walt Disney Company's decision to invest $60 billion in international theme parks raises questions about its asset allocation and ability to addre...
September 22, 2023, 6:00 pm
Novagold: an inferior way to play the gold price
Summary NovaGold’s Donlin Gold Project is one of the largest undeveloped gold assets globally, but its high upfront ...
September 21, 2023, 4:47 pm
Berry corporation: projected to generate $86 million in h2 2023 free cash flow
Berry is now projected to generate $86 million in free cash flow in 2H 2023. It has around 60% of its 2H 2023 oil production and close to 50% of its 2...
September 20, 2023, 4:00 am
Verizon: harmful dividend hike
Verizon Communications announces another annual dividend hike despite large debt load and low stock performance. The company's blind dividend hikes ar...
September 17, 2023, 8:00 pm
Target's much-needed normalization may be over
TGT's management has demonstrated great capital deployment across capex investments, deleveraging, shar...
September 16, 2023, 12:00 pm
Vista energy: no longer cheap (rating downgrade)
Vista Energy has been a big winner over the past year with shares returning more than 70% in 2023. We like the stock, but shares appear pricey followi...
September 15, 2023, 5:18 pm
Stevanato: secular tailwinds in biologics support downstream demand
Stevanato Group is a global provider of drug containment with a capex growth plan to support growth and...
September 15, 2023, 5:21 am