Pornpimone Audkamkong/iStock via Getty Images Market Commentary During the fourth quarter of 2025, mixed economic data and shifts in the monetary policy outlook largely drove global fixed income markets. In the United States, a prolonged government shutdown added to uncertainty and weighed on investor sentiment, even as the Federal Reserve delivered two rate cuts. The trade-weighted U.S. dollar wa...
Pornpimone Audkamkong/iStock via Getty Images Market Commentary During the fourth quarter of 2025, mixed economic data and shifts in the monetary policy outlook largely drove global fixed income markets. In the United States, a prolonged government shutdown added to uncertainty and weighed on investor sentiment, even as the Federal Reserve delivered two rate cuts. The trade-weighted U.S. dollar was mostly flat and global corporate spreads remained near historical tights. Over the course of 2025, most major central banks eased policy as labor market developments began to outweigh inflation concerns. The 10-year U.S. Treasury yield declined, while long-term yields in most other developed markets rose. Longer-dated yields generally declined across emerging markets, including in Brazil, Mexico, and South Africa. The U.S. dollar weakened by 7.2% over the course of the year as interest rate and growth differentials narrowed, external and fiscal deficits persisted, and doubts about U.S. exceptionalism grew. Global credit spreads continued to move tighter, supported by resilient corporate fundamentals. Portfolio Strategy Consistent with our long-term investment horizon and valuation discipline, we reduced the Fund’s credit weighting by two percentage points to 35% in 2025, marking the third consecutive year of credit reductions.[2] While credit spreads are at historically expensive levels, we continue to identify attractive credit investments through our bottom-up research process. For example, in the fourth quarter, we modestly increased the Fund’s credit exposure by purchasing Verizon’s first-ever issuance of subordinated hybrid securities and adding to Charter Communications.[3] Meanwhile, we added approximately four percentage points to the Fund’s Securitized sector weight over the year, particularly Agency[4] mortgage-backed securities (MBS) and highly rated prime auto loan asset-backed securities (ABS), which we believe contribute attractive risk-adjusted incremental ...
Key Points The energy sector is commodity-driven and volatile. Chevron's business model is vertically integrated. Chevron's balance sheet is rock solid. 10 stocks we like better than Chevron › If you're looking at a company that produces oil, you'll have to accept some volatility. The energy sector goes through booms and busts, and there's nothing that can be done about it, given that oil is a com...
Key Points The energy sector is commodity-driven and volatile. Chevron's business model is vertically integrated. Chevron's balance sheet is rock solid. 10 stocks we like better than Chevron › If you're looking at a company that produces oil, you'll have to accept some volatility. The energy sector goes through booms and busts, and there's nothing that can be done about it, given that oil is a commodity. However, not all oil companies are the same. Chevron (NYSE: CVX) is probably one of the smartest ways to invest in the energy sector, and it has a very attractive 4% dividend yield, too. Chevron is diversified One of the core reasons to like Chevron is its vertical integration, which means it owns assets across the upstream (energy production), midstream (pipelines), and downstream (chemicals and refining) segments of the broader energy sector. Each industry segment operates a little differently through the energy cycle, so having all three in one business helps to soften the revenue and earnings effect of commodity price swings. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » That said, Chevron is not the only vertically integrated energy company. It competes with a number of other large, integrated energy companies, like ExxonMobil (NYSE: XOM), Shell (NYSE: SHEL), BP (NYSE: BP), and TotalEnergies (NYSE: TTE). What sets it apart is its combination of yield, financial strength, and dividend consistency. Chevron has a great track record Chevron's streak of annual dividend increases is 38 years long, second only to ExxonMobil's 43 years. However, ExxonMobil's dividend yield is 2.9%, more than a percentage point lower than that of Chevron. Most investors will likely prefer the higher yield, given the similarly strong dividend histories. Shell and BP both cut their dividends in 2020 during the energy downturn that accompanied the coronavirus pandemic...
Luis Alvarez/DigitalVision via Getty Images It is a familiar setup for value investors: (i) a company spends years on an aggressive, debt-financed acquisition spree, (ii) the market tires of the complexity and (iii) the stock is left for dead as a broken roll-up. I see Sangoma Technologies ( SANG ) trapped in exactly this kind of narrative. However, while the market is pricing Sangoma as a declini...
Luis Alvarez/DigitalVision via Getty Images It is a familiar setup for value investors: (i) a company spends years on an aggressive, debt-financed acquisition spree, (ii) the market tires of the complexity and (iii) the stock is left for dead as a broken roll-up. I see Sangoma Technologies ( SANG ) trapped in exactly this kind of narrative. However, while the market is pricing Sangoma as a declining hardware business, the operational reality has shifted in my view. The company has untangled the mess and transitioned to a more refined, service-led model with high margins and a solid balance sheet. For ~$4.70 per share today, you are getting a SaaS business at a hardware liquidation multiple. In my view, the market is completely missing an inflection point in revenue growth and cash flow conversion that is just starting to appear in the quarterly data. More Than Just Pipes and Boards Sangoma’s history was tied to telephony hardware like IP phones and gateways. However, under a strategic pivot led by CEO Charles Salameh , the company has repositioned itself as a mini-system integrator for the mid-market. Instead of trying to compete with Microsoft Teams or Zoom in the enterprise space, Sangoma targets SMBs that need a one-stop-shop. They offer a full suite which includes Unified Communications (UCaaS) and Contact Centre (CCaaS) as a service, plus cloud-based security. What jumped out at me in the recent Q1-26 results was the quality of this new revenue model. Following the sale of its low-margin VoIP Supply ( VS ) unit, service revenue now makes up the vast majority of topline and gross margins have risen from 67% to 72% in a single quarter. Sticky Customers with High Margin Recurring Revenue (Sangoma Nov-2025 Investor Presentation) Management's Strategy You don't often see executives who have previously managed multi-billion dollar books of business move to a Canadian microcap. The appointment of Charles Salameh (CEO & ex-Infosys) and Jeremy Wubs (COO & ex-Bell) provi...
Key Points Investors have been concerned about whether or not the AI company can continue to report high growth. Palantir reported blowout fourth-quarter earnings. The stock is still extremely expensive. 10 stocks we like better than Palantir Technologies › Artificial intelligence (AI) poster stock Palantir Technologies (NASDAQ: PLTR) fell 18% in January, according to data provided by S&P Global M...
Key Points Investors have been concerned about whether or not the AI company can continue to report high growth. Palantir reported blowout fourth-quarter earnings. The stock is still extremely expensive. 10 stocks we like better than Palantir Technologies › Artificial intelligence (AI) poster stock Palantir Technologies (NASDAQ: PLTR) fell 18% in January, according to data provided by S&P Global Market Intelligence. Investors were worried about its high valuation and ability to keep reporting accelerating growth as it got closer to its earnings report. However, it reported blowout earnings, and the stock has already jumped 8% since the report yesterday. People at a meeting with data on screens. Image source: Getty Images. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Great expectations Palantir has been one of the biggest winners of the AI trend, and its stock has gained more than 1,500% over the past three years. It has a proprietary AI platform that organizes disparate data sets and helps organizations and businesses gain insight and take action. There are several ways the company stands out and has a moat. It works with long-term contracts, which provide years of recurring revenue, and it had already been in the business for years before AI became a buzzword, giving it a first-mover's edge in the space. Although it has government and military contracts, today, every company wants the competitive value that AI creates, and its commercial business is growing quickly. In the 2025 fourth quarter, it demonstrated accelerating growth and incredible strength. U.S. commercial revenue increased 137% year over year, driving U.S. growth of 93%, driving total growth of 70%. U.S. government sales, its older business, was no slouch either, up 66%. It closed a record $4.3 billion in total contract value (TCV) in the quarter, up 138% year over year, and it ...
(RTTNews) - The Marzetti Co. (MZTI), a manufactures and sells specialty food products, on Tuesday said it has entered into a definitive agreement to acquire Bachan's, Inc., a fast-growing Japanese barbecue sauce brand, for $400 million in cash and additional financing. The transaction is expected to close before Marzetti's fiscal year-end on June 30. Bachan's generated approximately $87 million in...
(RTTNews) - The Marzetti Co. (MZTI), a manufactures and sells specialty food products, on Tuesday said it has entered into a definitive agreement to acquire Bachan's, Inc., a fast-growing Japanese barbecue sauce brand, for $400 million in cash and additional financing. The transaction is expected to close before Marzetti's fiscal year-end on June 30. Bachan's generated approximately $87 million in net sales for the twelve months ended December 31, 2025. The company said the acquisition will strengthen its position in the sauce category and support growth through its retail and foodservice distribution network, supply chain capabilities, and marketing and culinary expertise. In the pre-market trading, Marzetti is 2.97% lesser at $168.75 on the Nasdaq. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Kratos Defense & Security Solutions ( KTOS ) on Tuesday said it has received aviation system and related warfighter training contract awards with a total potential value of approximately $65 million. The company said the contracts cover the design, development and delivery of simulators and other training solutions supporting operations and maintenance of aircraft and other platforms, including Ar...
Kratos Defense & Security Solutions ( KTOS ) on Tuesday said it has received aviation system and related warfighter training contract awards with a total potential value of approximately $65 million. The company said the contracts cover the design, development and delivery of simulators and other training solutions supporting operations and maintenance of aircraft and other platforms, including Army and Air Force helicopters. Awards include contracts from the U.S. Department of War and allied nations. Kratos said the contracts also include purchases of its MBRAT avionics maintenance training simulator, which supports multiple platforms on a single device. KTOS +1.91% premarket to $98.0. Source: Press Release More on Kratos Defense & Security Kratos Defense: Stretched Valuation But Options Offer Attractive Returns Trump's 'Dream Military' Is A Game Changer For Kratos: My Volatility Playbook Kratos: Buy This Scaled Drone And Missile Platform In An Expanding Defense Cycle Dassault leads $200M bet on AI-driven combat drones Defense stocks outperform as Trump spending signals offset broader market dip
Peterson Wealth Services lessened its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 95.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,629 shares of the company's stock after selling 81,931 shares during the period. Peterson Wealth Services' holdings in Palantir Technologies were wor...
Peterson Wealth Services lessened its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 95.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,629 shares of the company's stock after selling 81,931 shares during the period. Peterson Wealth Services' holdings in Palantir Technologies were worth $662,000 at the end of the most recent reporting period. A number of other hedge funds have also recently modified their holdings of PLTR. Occidental Asset Management LLC raised its position in Palantir Technologies by 2.8% during the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company's stock valued at $358,000 after purchasing an additional 53 shares during the last quarter. Lionshead Wealth Management LLC increased its stake in shares of Palantir Technologies by 0.4% during the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company's stock valued at $2,395,000 after buying an additional 56 shares during the period. Ellenbecker Investment Group raised its holdings in shares of Palantir Technologies by 3.6% during the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company's stock valued at $295,000 after acquiring an additional 57 shares in the last quarter. Traveka Wealth LLC lifted its stake in Palantir Technologies by 1.6% in the third quarter. Traveka Wealth LLC now owns 3,695 shares of the company's stock worth $674,000 after acquiring an additional 57 shares during the period. Finally, AlphaQuest LLC boosted its holdings in Palantir Technologies by 15.8% in the third quarter. AlphaQuest LLC now owns 425 shares of the company's stock valued at $78,000 after acquiring an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company's stock. Get Palantir Technologies alerts: Sign Up Palantir Technologies News Roundup Here are the k...
Qualcomm Inc. (NASDAQ:QCOM) is one of the best cheap stocks to buy for 2026. On January 26, Mizuho trimmed its price target on Qualcomm Inc. (NASDAQ:QCOM) to $160 from $175 and kept a Neutral rating on the shares. The investment bank tied the update directly to a weaker outlook for global handset demand and related industry pressures. Mizuho stated that it expects global handset shipments in calen...
Qualcomm Inc. (NASDAQ:QCOM) is one of the best cheap stocks to buy for 2026. On January 26, Mizuho trimmed its price target on Qualcomm Inc. (NASDAQ:QCOM) to $160 from $175 and kept a Neutral rating on the shares. The investment bank tied the update directly to a weaker outlook for global handset demand and related industry pressures. Mizuho stated that it expects global handset shipments in calendar year 2026 to decline by about 4% compared to 2025. And there is a downside risk of more than 5% because, particularly in H2 2026, higher memory prices and supply shortages are expected to pressure production. The analysts highlighted that Chinese OEMs are likely to cut handset output by about 10%. Already, Chinese OEM handset inventory shrank to about two to four weeks from 13 to 17 weeks a year earlier. As such, many Android makers could face sharper pressure as memory prices rise through 2026. Besides the weaker outlook, Mizuho sees Qualcomm facing tougher competition from MediaTek, especially concerning high-end chips. There is also the issue of content cuts by Apple and Huawei. These headwinds together convinced Mizuho to project that Qualcomm’s earnings will decline about 3% year-on-year. And that the company will see only low single-digit growth over fiscal 2026 to 2028. Qualcomm Inc. (NASDAQ:QCOM) designs and supplies semiconductors, software, and wireless technology solutions. It focuses on mobile connectivity, 5G infrastructure, and Internet of Things applications. Its operations include licensing wireless technologies and producing chipsets used in smartphones, automotive systems, and connected devices worldwide. While we acknowledge the potential of QCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. REA...
Alistair Berg/DigitalVision via Getty Images Dividend-paying stocks in the U.S. stock market got off to an unexpectedly strong start in January 2026. Tallying up the dividend-payers' metadata for the month, we find the year-over-year number of net favorable dividend actions totaled 50. With fifty more publicly traded firms announcing favorable dividend actions than unfavorable ones, January 2026 r...
Alistair Berg/DigitalVision via Getty Images Dividend-paying stocks in the U.S. stock market got off to an unexpectedly strong start in January 2026. Tallying up the dividend-payers' metadata for the month, we find the year-over-year number of net favorable dividend actions totaled 50. With fifty more publicly traded firms announcing favorable dividend actions than unfavorable ones, January 2026 represents the best month on record since September 2023. Coincidentally, that was the last month that saw its net favorable dividend actions reach 50, as the next 15 months fell below that level, with 12 of those months recording a negative result. Until January 2026. As we noted, this result was unexpected and largely driven by an increase in the number of firms announcing they would pay an extra, or special, dividend to their shareholding owners. The first month of 2026 had 98 such declarations, 46 more than were recorded in January 2025. The following table presents a full summary of January 2026's dividend actions and provides a month-over-month (MoM) comparison with December 2025 and a year-over-year (YoY) comparison with January 2025. Without the extra dividends being announced, January 2026's dividend metadata is just slightly better than January 2025's data. The following chart presents the U.S. stock market's total number of dividend increases and decreases for each month from January 2004 through January 2026. The number of dividend rises was 181, three more than counted a year earlier. The number of dividend decreases was 17, one less than counted a year earlier and well below the threshold that indicates recessionary conditions are present in the U.S. economy. Combined with the much larger increase in special dividends, January 2026 was a very strong month for the U.S. stock market's dividend-paying companies. That's not to say it couldn't have been stronger. Companies that otherwise pay a set dividend will pay out extra dividends when their performance pulls in...
Serving bookmakers and media worldwide, Sportradar delivers sports data, analytics, and streaming solutions across the betting value chain. On February 2, Wilson Asset Management reported selling out of Sportradar Group AG (SRAD +0.72%), exiting 322,342 shares for an estimated $8.67 million. What happened According to a Securities and Exchange Commission (SEC) filing dated February 2, Wilson Asset...
Serving bookmakers and media worldwide, Sportradar delivers sports data, analytics, and streaming solutions across the betting value chain. On February 2, Wilson Asset Management reported selling out of Sportradar Group AG (SRAD +0.72%), exiting 322,342 shares for an estimated $8.67 million. What happened According to a Securities and Exchange Commission (SEC) filing dated February 2, Wilson Asset Management sold its entire holding of 322,342 shares in Sportradar Group AG (SRAD +0.72%) during the fourth quarter. The quarter-end position value for SRAD decreased by $8.67 million, reflecting the complete divestment and stock price movement. What else to know Top holdings after the filing: NASDAQ: GOOGL: $38.09 million (9.8% of AUM) NASDAQ: INTU: $26.77 million (6.9% of AUM) NYSE: PWR: $23.31 million (6.0% of AUM) NYSE: ICE: $20.16 million (5.2% of AUM) NYSE: MSCI: $19.98 million (5.1% of AUM) As of February 2, shares of Sportradar Group AG were priced at $18.24, down 12.2% over the past year and underperforming the S&P 500 by 28.55 percentage points. Company overview Metric Value Price (as of February 2) $18.24 Market capitalization $5.48 billion Revenue (TTM) $1.23 billion Net income (TTM) $94.83 million Company snapshot Sportradar Group AG provides sports data, analytics, and live streaming services for betting operators, sports leagues, and media companies worldwide. The company generates revenue through licensing proprietary data feeds, offering mission-critical software solutions, and delivering content and risk management services across the sports betting value chain. It serves bookmakers, online gaming operators, sports federations, and media organizations as primary customers. Sportradar Group AG operates at scale as a leading provider of sports data and analytics, supporting the global sports betting and media ecosystem. The company leverages advanced technology and proprietary data to deliver integrated solutions that underpin critical operations for client...