Today's Stock Investing Pulse
Devon Energy eyes $8B offer as Stone Ridge targets Marcellus assets post‑merger
Devon Energy completed its merger with Coterra, creating a larger oil and gas operator. Stone Ridge Asset Management signaled interest in Devon’s Marcellus assets with an $8 billion opening offer, and the combined company expects to lift its dividend by roughly 30 %.
Bull of the Day: Permian Resources (PR)
Permian Resources (PR) has been added to Zacks Rank #1 Strong Buy list as oil prices climb above $100 per barrel following Middle East disruptions. The company’s shares hit a 52‑week high of $21, up more than 50% year‑to‑date, while S&P Global upgraded its credit to investment grade, cutting borrowing costs. PR reported a record $404 million adjusted free cash flow in Q4 and raised its quarterly dividend to $0.16, yielding about 3%. Analysts now project FY27 earnings per share of $1.71, supporting a forward multiple near 14×.
If OpenAI Is to Float on the Stock Market This Year, It Needs to Start Turning a Profit
OpenAI, valued at roughly $850 bn, is confronting a massive cash‑burn problem as it eyes a potential IPO before year‑end. The company plans to spend about $600 bn on compute infrastructure through 2030, yet its current annualised revenue sits near $25 bn, leaving...
Don’t Miss AI’s Long‑Term Growth Amid Market Pullback
Some investors are pulling back from AI stocks. After a strong run, concerns around valuations and heavy spending are driving rotation into other sectors. But stepping away too early could mean missing the next phase of growth. AI is not a short-term...
How To Manage The Impact From the IRAN War On Your Retirement Portfolio, #299
In episode 299, Ryan Morrissey examines how the Iran war’s surge in oil prices—up roughly 33% since late February—has driven a 6% dip in the S&P 500 and sparked market volatility. He explains why such shocks are often temporary, drawing parallels...
Ukraine Among Riskiest Markets as Equity Risk Premium Nears 20%
Ukraine’s equity risk premium has surged to roughly 19.8%, edging close to the 20% mark, making it one of the world’s most hazardous investment arenas. By contrast, mature markets such as Canada, Germany and Singapore sit near a 4‑5% premium,...
Is BMO Bank Stock Worth Your Clients’ Money?
Bank of Montreal (BMO) remains a core Canadian banking stock, with a market capitalization of roughly $96 billion USD and a trailing twelve‑month P/E of 15.4, suggesting relative undervaluation. The bank reported fiscal 2025 net income of about $6.4 billion USD and Q1 2026...
Record-Low Insider Selling Signals Buying Opportunity
- CNN Greed & Fear ratio 9/100 - Asia insider selling/buying ratio has reached a record low of 0.16 (!) according to Smart Insider - Trump is declaring that he wants to end the war - Bill Ackman (whose track record on market...
Japanese Cross‑shareholdings Shield Incumbents, Hurt Shareholders
Shareholders are supreme under Japanese corporate law, but shareholders' economic interests are not. What is the distinction? Japan is (in)famous for its webs of cross-shareholdings. Suppliers, customers, financial institutions own shares in each other, and always support incumbent management with their...
Stellantis’ $26 Billion EV Reset – a Potential Net Positive for NdFeB Magnet Demand via EREV Pivot
Stellantis announced a €22.2 billion ($26 billion) charge to reset its EV strategy after over‑estimating adoption rates. The automaker is pivoting to a multi‑energy mix that emphasizes internal‑combustion engines, conventional hybrids and range‑extended electric vehicles (EREVs). Because EREVs rely on permanent‑magnet synchronous...
UPS CFO Announces 2026 Dividend Freeze Amid E‑commerce Margin Pressure
UPS chief financial officer Brian Dykes told investors the company will freeze its dividend in 2026, citing falling Amazon volumes, a costly aircraft replacement program and a transition of its Ground Saver service. The move highlights tightening margins for a...
Is National Bank of Canada Stock a Worthy Investment for Your Clients?
National Bank of Canada (TSX:NA) now commands a market capitalization of roughly US$51 billion, a modest 0.13% rise from the previous year after a 54% surge in 2025. The stock trades at a price‑to‑book ratio of 2.04 and a price‑to‑earnings multiple...
Organigram's Sanity Deal Boosts EU Reach, Buy Pullback
Macro: Organigram acquires Sanity, expands into EU; Key: 93% vote, BAT financing, 68.6% LTM rev, positive EBITDA; Risks: closing risks, earnout; Trade: buy on pullback — Viktor Kopylov, PhD, CFA. More insights: t.me/si14Kopylov
Most Stocks Slump, SPY Barely Down—Favor Index Investing
Lot of people are are down 30-40-50%. But $SPY is still below 10%, hence majority of your investment should be in index.
State Street Bridgewater All‑Weather ETF Posts 15% First-Year Return Amid Mixed Markets
State Street and Bridgewater launched the All‑Weather ETF on March 5, 2025. The fund delivered a 15.1% total return through the end of 2025, lagging the global equity benchmark by about five points, and has posted a modest sub‑2% gain year‑to‑date in...
Down $142K, Still Buying and Holding Long-Term
We are down $142K in our investment portfolio since the beginning of 2026. What are we doing about it?? Continuing to buy more and stay invested for the long term.
Why the Market Still Isn’t Bottoming Despite Covid Discount
We are sending a very long ‘Kya Lagta Hai’ newsletter to our smallcase and PMS subscribers today. We discuss just one aspect today & that is: ‘Why is our market not bottoming out?’ If we could discount Covid in weeks, why is...
Kairos Pharma Ltd (KAPA) Q4 2025 Earnings Call Transcript
Karyopharm Therapeutics posted Q4 2025 revenue of $34.1 million, an 11.8% year‑over‑year increase, while total 2025 revenue reached $146.1 million. Operating efficiency improved, with R&D and SG&A expenses down 17% and 16% respectively, yet the company recorded a GAAP net loss of...
Approaching Market Capitulation; Relief Rally Likely Soon
Stock prices are thrashing around from one headline to another but we are getting very close to capitulation. Support just few % points below current level, we should at least get a relief rally from there. Growth stocks are washed...
Munger Says Own Apple Among Elite 12 Stocks
Charlie Munger on Berkshire's Apple investment: "What everybody learned is everybody needs some significant participation in the 12 companies that do better than everybody else. If you have that mindset, Apple was a logical candidate to be on the list..." https://t.co/dM8OcYvjJv
AlTi Global, Inc (ALTI) Q4 2025 Earnings Call Transcript
AlTi Global reported full‑year 2025 revenue of $4.6 billion, its highest since 2012, and an adjusted EBITDA margin of 19.7%, up 180 basis points year‑over‑year. The company’s aerospace and defense mix rose to 68% of sales and is projected to exceed...
Interactive Strength Inc (TRNR) Q4 2025 Earnings Call Transcript
Integer Holdings reported an 8% rise in full‑year sales to $1.85 billion, with organic growth exceeding 6%, and a 21% jump in adjusted EPS to $6.40. Adjusted operating margin expanded to 17.3%, driven by higher gross margins and disciplined expense control....
DSS Inc (DSS) Q3 2025 Earnings Call Transcript
DSS Inc reported a sharp rebound in bookings, up 42% sequentially and 35% year‑over‑year to $540 million, while revenue slipped to $923 million as shipments declined. The quarter posted a $16 million adjusted operating loss, largely due to $40 million in tariff expenses. Management...
AmEx Secures NFL Deal, Boosting Revenue Outlook
Macro: AmEx wins NFL payments deal replacing Visa; Key: exclusive card perks, new co‑branded card & international reach; Risk: marketing ROI/FX; Trade: buy AXP on expected revenue lift. 📈 — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
Trust Your Research, Not Borrowed Judgement
Don’t borrow judgement. The reason why we spend hundreds of hours analyzing a business is to thoroughly understand it. The purpose of the research is to build confidence in our assumptions. The valuation then dictates what the return those assumptions will...
Piper Sandler Launches Coverage on Dime Community Bancshares (DCOM) with Bullish View
On March 16, Piper Sandler initiated coverage of Dime Community Bancshares (DCOM) with an Overweight rating and raised its price target to $37, up from $36. The brokerage cites a recovering net interest margin and anticipates significant loan repricing in...
Patience Pays: Years of Average Returns Can Yield Sudden Wealth
The hardest part of achieving a great long-term investment track record is over half the time your returns will look average. You can go years where it feels like you are working hard for mediocre returns. Then all of a...
UBS Keeps Neutral Rating on Buckle (BKE) as Growth Remains Steady but Unchanged
UBS analyst Mauricio Serna kept a Neutral rating on Buckle, Inc. (NYSE:BKE) and trimmed the price target to $53 from $55. The retailer posted an 8.0% rise in comparable store sales and an 8.8% increase in net sales to $84.4 million...
Morgan Stanley Lowers Price Target on Mid-America Apartment Communities (MAA), Keeps Overweight Rating
Morgan Stanley analyst Adam Kramer lowered Mid‑America Apartment Communities’ (MAA) price target to $153.50 from $156 while keeping an Overweight rating, signaling confidence in the REIT’s long‑term outlook. Two weeks earlier, Truist’s Michael Lewis cut his target to $142 from...
Citi Reduces Winnebago (WGO) Target to $46, Flags Inventory Turn Challenges
Citi analyst James Hardiman lowered Winnebago Industries' price target to $46 from $54 while maintaining a Buy rating after the company posted a fiscal Q2 2026 earnings beat. The downgrade reflects concerns that the firm’s inventory turnover remains below Citi’s...
Buy Quality, Not the Deepest Discounts, During Sell‑offs
During sell-offs, people rush into whatever has dropped the most. Down 60%? Must be a deal. But a bad business down 60% is still a bad business. Quality matters more when everything is falling. Buy the companies that will come...
Are Bank Stocks a Buy? CBA, NAB, ANZ, Westpac, MQG
Richard Hemming explains why Under the Radar Report remains invested in Australia’s big banks—CBA, NAB, ANZ, Westpac and Macquarie—despite a prolonged sell‑side consensus. The four‑bank system controls roughly 70% of mortgage lending and has generated about 6% annual returns over...
Mohnish Pabrai on Finding Value, Asymmetry, and Ignoring Market Labels
Mohnish Pabrai’s recent shareholder call challenged the industry’s reliance on rigid labels such as “growth,” “value,” or “cyclical,” urging investors to evaluate businesses on cash generation, durability, and price instead. He highlighted that low‑cost commodity producers and emerging‑market fintech can...
Buy a Dollar for Fifty Cents with NCAV Investing
"Net current asset value (NCAV) investing is valuation by liquidation logic." What if you could buy $1 for 50 cents? That’s the logic behind NCAV investing, valuing a company as if it were liquidated today.
Verizon Cuts $9 B Costs, Completes $20 B Frontier Deal Under New CEO
Verizon Communications, led by CEO Dan Schulman, has reduced combined operating and capital expenses by $9 billion, closed its $20 billion purchase of Frontier Communications and announced a $25 billion share‑buyback. The moves underpin a free‑cash‑flow surge and the company’s 20th straight dividend...
German Inflation Jumps to 2.7% in March, Stoking Euro Stock Volatility
Germany's consumer price index surged to 2.7% year‑on‑year in March, driven by a rebound in energy prices, prompting the DAX to slip marginally after a near‑12‑month low. The data heightens market scrutiny of the European Central Bank’s next moves and...
Dah Sing Banking Group Posts 20% FY25 Profit Rise on Higher Net Interest Income, Boosts Dividend
Dah Sing Banking Group announced a 20.2% increase in FY25 profit to HK$2.48 bn, powered by a 10.2% rise in net interest income, while also lifting its dividend. The earnings lift lifted the stock 1.3% in Hong Kong trading.
Sysco Shares Drop 12% After $29.1B Jetro Deal, Buyback Paused
Sysco Corp. saw its shares tumble 11.7% to $72.23 after announcing a $29.1 billion acquisition of Jetro Restaurant Depot. The deal includes $21.6 billion in cash and 91.5 million Sysco shares, and the company put its share‑buyback program on hold to prioritize rapid...
Quality Small Caps Outperform Junk Over Four Decades
Over the last ~40 years we've seen a structural outperformance of S&P 600 (profitable small caps) vs Russell 2000 (junky small caps) There are three cyclical peaks: * 1999: Dot Com bubble * 2021: Meme Stock bubble * 2025: AI bubble Speculative junk outperforms late...
Flush With Cash, Universal Music Announces Share Buyback Plan
Universal Music Group announced a €500 million (≈ $575 million) share‑buyback, its first ever, signaling confidence in its strategy and long‑term growth. The programme follows a strong Q4 performance, with revenues of €3.605 billion (≈ $4.19 billion) and adjusted EBITDA of €810 million (≈ $942 million). Shares jumped over...
3 Stocks to Watch From the Booming Business Information Industry
The Business‑Information Services sector is accelerating as remote‑work adoption fuels demand for risk‑mitigation, cost‑reduction and productivity tools. Companies such as Iron Mountain, TransUnion and uCloudlink are posting solid metrics—IRM posted 8.8% organic storage‑rental growth, UCL generated $18.7 million in quarterly revenue...
Wellington-Altus' Thorne: 'Sell War, Buy Peace' And the Expansion That's Coming
In this episode, host Chuck Jaffe and guests—including Jim Thorne, chief market strategist at Wellington‑Altus Private Wealth, and Vijay Maroglia, CIO of Regal Point Capital—debunk the panic surrounding the Iran‑related oil “terror premium” and AI hype, urging investors to "sell...
Ray Dalio Says Cash Is the Worst Place to Hide Money in 'Risky Times'
Bridgewater founder Ray Dalio warned that cash could be the worst place to hide money as markets enter a period of heightened risk. His comment, made during a recent interview, is likely to reshape asset‑allocation strategies for wealth managers and...
Growth Stocks' Market Caps Five Times Value's
Market Caps of Listed Companies by Price to Book, July 1926-December 2025 Since July 1926, the caps of the companies in the low price-to-book (value) portfolio have averaged $1.3 billion, those in the medium portfolio $3.0 billion and those in the...
Even the S&P 500 Can Lose Real Value
$SPY Annualized real returns: 1929 - 1942: -0.9% 1968 - 1982: -0.3% 2000 - 2012: -0.7% Sometimes 'Just buy the S&P 500' doesn't work as well as it has lately.
40‑Day, 5% Pullback Guarantees No Bear Market
Very interesting stat from @StovallCFRA on @CNBCTheExchange with @LesliePicker today. When it takes >40 days for the S&P 500 to have a mild 5% pullback, it has never moved into a bear market. https://t.co/9Yjk8jEYOD
Tech Valuations Bottom, GPU Prices Surge, Growth Opportunities
Risk/reward seems attractive: Token consumption accelerating, GPU per hour rental prices going vertical and Tech valuations are broadly below their Covid and Deepseek lows. Some high quality secular growth names are at mid single digit multiples on real 27/28 numbers.
Avoiding Mega‑Cap Tech, Holding Energy & Commodities Pays Off
We don’t own what the crowd owns. 🚫📈 ❌ No #Bag7 ❌ No Mega Cap Tech Instead: 🛢️ Energy (XOP) ⚡Utilities (XLU) 💵 USD 🌽 Commodities Result: 📉 Down <1% from highs
Inflation Tax Hits All Assets, Unbalancing ‘Balanced’ Portfolios
If both stocks and bonds can’t catch a bid, the message is simple: inflation risk is a tax on EVERYTHING. That’s why ‘balanced’ can feel unbalanced. https://t.co/TSSid8H3g0
Nvidia's Valuation Drops to S&P 500 Parity After a Decade
$NVDA Nvidia valuation falls to S&P 500 parity for first time in over a decade @seekingalpha GS https://t.co/uI914KMyKJ
Stagflation Squeezes Equities: Low Returns, High Volatility
Stagflation is a bad environment for equities, with low (real) returns and high volatility GS Europe https://t.co/QhgQfFdqYh