sommart/iStock via Getty Images Introduction Back when I last covered Coeur Mining ( CDE ), I upgraded them to a Strong Buy following the announcement of the New Gold acquisition, standing to benefit from complementary assets, diversified gold-silver production and strong cash flow for the remainder of this decade. Following the completion of the New Gold deal, CDE remains a Strong Buy, guiding fo...
sommart/iStock via Getty Images Introduction Back when I last covered Coeur Mining ( CDE ), I upgraded them to a Strong Buy following the announcement of the New Gold acquisition, standing to benefit from complementary assets, diversified gold-silver production and strong cash flow for the remainder of this decade. Following the completion of the New Gold deal, CDE remains a Strong Buy, guiding for even better than expected numbers and already delivering some improvements, while the valuation is now back to conservative levels thanks to what might turn out to be short-term macro pressure. CDE-NGD Deal Now Complete Coeur Mining IR Following the recent closing of the New Gold [NGD] deal, Coeur provided an updated guidance and capital return program, with production expected to reach between 680,000 to 815,000 oz of gold, 18.7 to 21.9 million oz of silver and 50 million to 65 million lbs of copper, incorporating nine months of contributions from their 2 new mines in Canada, significantly above the 419,046 gold oz and 17.9 million silver oz seen in 2025 by Coeur alone, for a 65-30-5 percent commodity mix. Coeur Mining IR The company now expects to generate a free cash flow of $2 billion (with only 9 months of NGD mines contribution) with CAPEX reaching $500 million in 2026, and that’s based on solid consensus estimates as of October 2025, meaning $3,438/oz Au, $38.50/oz Ag and $4.50/lb Cu , which are nearly identical to the estimates I was going to use, saving us a bit of time in the valuation segment. They also highlighted continued exploration and a two-year life extension at Rainy River, as well as New Afton’s solid expansion potential thanks to K-Zone, so they can certainly continue NGD's assets and definitely enjoy the major boost in cash flow they provide, as mentioned before. This is not over however, as they basically bought a major medium-term influx of cash flow that will have to be reinvested. Financially, they now target a net cash position and also announce...
piotr_malczyk/iStock via Getty Images As I said in my last article on JBS N.V ( JBS ), investors in this company must tolerate volatility. This goes beyond the company simply being a Brazilian global business; it goes to the end markets for the company. What in my view remains undisputed, however, is that the company, compared to most of the relevant peers in the industry, remains a compelling and...
piotr_malczyk/iStock via Getty Images As I said in my last article on JBS N.V ( JBS ), investors in this company must tolerate volatility. This goes beyond the company simply being a Brazilian global business; it goes to the end markets for the company. What in my view remains undisputed, however, is that the company, compared to most of the relevant peers in the industry, remains a compelling and undervalued play relative to what it offers and relative to the risk in play. In my last article, which can be found here, I made a case for the company being good, but volatile. The article before that, when I established what is now a small position in the stock, I made my first case for this company being a solid play. You can find the latest one of these articles here , and see the returns below. Seeking Alpha JBS N.V Article You can also find my first article here, the returns from which are now more than 20x the market compared to November 2025 - meaning the RoR here has been absolutely solid, and in line with what I expected. Now, was this somehow a high conviction expectation? Yes and no. It would be hubris of me to allege that I expected this, but that's sort of the point of the approach that I favor. I "know", based on fundamentals and my valuation-oriented approach (with a high conviction), barring unforeseen circumstances when a company is below fairly valued. What I have come to rely on is the market in due time recognizing this "faulty" undervaluation and return the company to a fair, or even higher valuation. Sometimes this reversal can take weeks, months or a year. Sometimes the recovery can quite literally take years. I have been on both sides of that equation. What I can honestly say is that as long as I get my cash (by which I mean a dividend/interest for my trouble), and as long as the thesis remains, volatility means very little to me. That's one of the requirements you need to sort of be "in line" with if you want to invest in these sorts of companies...
China has sufficient capacity to absorb external shocks from the Iran war and meet its annual economic growth target, a prominent economist said, while adding it was also preparing for the possibility that Washington might renege on trade deals. Justin Lin Yifu, dean of the Institute of New Structural Economics at Peking University and a former chief economist at the World Bank, said on Thursday t...
China has sufficient capacity to absorb external shocks from the Iran war and meet its annual economic growth target, a prominent economist said, while adding it was also preparing for the possibility that Washington might renege on trade deals. Justin Lin Yifu, dean of the Institute of New Structural Economics at Peking University and a former chief economist at the World Bank, said on Thursday that no country could be spared from the economic impacts of the conflict in the Middle East, which...
Nico De Pasquale Photography/DigitalVision via Getty Images Fellow Investor , Unitholder , Reader , The author is delighted to be with you after another round, another year. In Harry Qelm Baabsman we treasure your curiosity and preparing hard for your attention; if you like what you're reading, please say so, that would mean a lot. We talk about investment results openly, explaining unpleasant and...
Nico De Pasquale Photography/DigitalVision via Getty Images Fellow Investor , Unitholder , Reader , The author is delighted to be with you after another round, another year. In Harry Qelm Baabsman we treasure your curiosity and preparing hard for your attention; if you like what you're reading, please say so, that would mean a lot. We talk about investment results openly, explaining unpleasant and fortunate choices that sometimes switch places by the grace of Mr. Market’s flimsy behavior. The last couple of years have been rather ironic. Patience is the first condition for our fund, we aim at the investment horizon of 3, 5, and 10+ years because investing is a long story. The stock market, at times, tests the managers' very trust in themselves and makes them question their competence. Yet patience and work eventually get rewarded. 2025 was the first prominent year for the Steppe Eagle with a flash performance of +31.71%. The 2024-loser sector of clean energy has turned the tables and come back tough in the second half of 2025. Dynamics (Harry Qelm Baabsman Ltd.) The Steppe Eagle OEIC Ltd was registered on 25th of July 2022; Started its operations on 8th of September 2022 and is managed by Harry Qelm Baabsman ltd, a CIS License holder at AIFC (AFSA-A-LA-2022-0006, active since 3d of February 2022). On 31st of December 2025, The Steppe Eagle consisted of 16 158 120 Units; the Unit’s price was $0.01319. The Steppe Eagle finished 2025 with a gain of +31.71%, whereas the benchmark, MSCI World Index, yielded +19.49%. Since its inception, the Steppe Eagle has arrived at +31.87% versus +68.06% for its benchmark. Since September 2022, inflation in the US (CPI) has accumulated to 10.02%. Thus, the Steppe Eagle soared above its benchmark by 12.22% in 2025 but is still 36.19% below it since the Fund’s inception. We all are swimming in a sea of surprises, which empties numerous rivers of probability; some probabilities seem certain until they don't, some catch us fully off guard...
The head of the recently launched International Organisation for Mediation (IOMed) has hailed its process as a flexible and pragmatic way to resolve commercial and state-level disputes involving long-term investment. Speaking on the sidelines of the Boao Forum for Asia on Thursday, Teresa Cheng Yeuk-wah, IOMed’s secretary general, said mediation offered “the innate flexibility to create an infinit...
The head of the recently launched International Organisation for Mediation (IOMed) has hailed its process as a flexible and pragmatic way to resolve commercial and state-level disputes involving long-term investment. Speaking on the sidelines of the Boao Forum for Asia on Thursday, Teresa Cheng Yeuk-wah, IOMed’s secretary general, said mediation offered “the innate flexibility to create an infinite number of ways to resolve the dispute”, unlike arbitration and litigation that were marked by “a...
Norwich winger on ‘perfect setup’ of Toronto and Vancouver games as co-hosts look to punch above their weight this summer Ali Ahmed watched the last World Cup at home with friends and family. “It was goose bumps seeing Canada walking out,” the winger says. “I haven’t seen that in my lifetime. It was surreal.” This time around he will again be at home but also very much at the heart of the action i...
Norwich winger on ‘perfect setup’ of Toronto and Vancouver games as co-hosts look to punch above their weight this summer Ali Ahmed watched the last World Cup at home with friends and family. “It was goose bumps seeing Canada walking out,” the winger says. “I haven’t seen that in my lifetime. It was surreal.” This time around he will again be at home but also very much at the heart of the action in two cities that are dear to him. Jesse Marsch’s side face Qatar and Switzerland in Vancouver after an opener against a European playoff winner (possibly Italy) in Toronto. Italy in Toronto, Ahmed’s home town, would be special, not only because of the city’s vast Italian population – “the stadium might be more blue than red,” Ahmed jokes – but also because his parents, who are from Ethiopia but lived for two years in Italy, are big calcio fans. “Football was ingrained in all of us in our family,” he says. Continue reading...
Musical inspiration from Corinne Bailey Rae; danger in a magical academy; the adventures of an otter pup; a YA queer gothic fantasy, and more The Bear and the Seed by Poonam Mistry, Templar, £12.99 When Bear’s glorious forest disappears, he finds hope in a tiny seed – but he needs help from other animals to tend it in this inspiring picture book, filled with spellbinding geometric art. Little Pass...
Musical inspiration from Corinne Bailey Rae; danger in a magical academy; the adventures of an otter pup; a YA queer gothic fantasy, and more The Bear and the Seed by Poonam Mistry, Templar, £12.99 When Bear’s glorious forest disappears, he finds hope in a tiny seed – but he needs help from other animals to tend it in this inspiring picture book, filled with spellbinding geometric art. Little Passenger by Deirdre Sullivan and Jessica Love, Walker, £12.99 This poetic, beautiful picture book features a mother talking to her growing baby throughout pregnancy (“You are a full stop, a pea, a single grape”). Love’s lustrous ink and watercolour illustrations marry the delicate tendrils of developing plants with the intricate stitches of a sampler. Continue reading...
Narjis, one of 121 children killed in Lebanon this month, wanted to be a doctor and ‘was like a blossom’, her mother says Middle East crisis – live updates Rania Jaber told her husband that if God blessed them with a daughter, she would be named Narjis, Arabic for daffodil. After having twin boys, Jaber wanted a little girl she could dress up. Jaber got her girl and made good on her promise: Narji...
Narjis, one of 121 children killed in Lebanon this month, wanted to be a doctor and ‘was like a blossom’, her mother says Middle East crisis – live updates Rania Jaber told her husband that if God blessed them with a daughter, she would be named Narjis, Arabic for daffodil. After having twin boys, Jaber wanted a little girl she could dress up. Jaber got her girl and made good on her promise: Narjis was born in 2020. Her mother was delighted to find that just like her namesake flower, her daughter’s hair was light. Narjis seemed “wise beyond her years”, Jaber said, recalling how her daughter would comfort her whenever she would cry. Continue reading...
With her acoustic guitars and trip-hoppy beats, the London musician recalls a particular era of polished 00s boho-pop, from Nelly Furtado to Corinne Bailey Rae From London Recommended if you like All Saints, Frou Frou, Nelly Furtado Up next EP out now; on tour with After in May The first time I heard Gianna’s Shadow of a Bird, I was instantly transported to a place that smelled of Impulse body spr...
With her acoustic guitars and trip-hoppy beats, the London musician recalls a particular era of polished 00s boho-pop, from Nelly Furtado to Corinne Bailey Rae From London Recommended if you like All Saints, Frou Frou, Nelly Furtado Up next EP out now; on tour with After in May The first time I heard Gianna’s Shadow of a Bird, I was instantly transported to a place that smelled of Impulse body spray. It is a track that has perfectly nailed the polished boho-pop of early 00s Nelly Furtado, All Saints and Corinne Bailey Rae – the sort that features arpeggiated acoustic guitar, vaguely trip-hop beats and a gently distinctive voice swooping through them. Continue reading...
Cecily Brown blooms into life, Ashanti folklore is remade and three Indigenous Australians spill their ancient knowledge Cecily Brown: Picture Making New nature-tastic works of kaleidoscopic, richly textured, painterly experimentation by the YBA who never felt cool enough to really be a YBA. Springing to life just as the blossoms around the Serpentine really start to bloom. • Serpentine Gallery, L...
Cecily Brown blooms into life, Ashanti folklore is remade and three Indigenous Australians spill their ancient knowledge Cecily Brown: Picture Making New nature-tastic works of kaleidoscopic, richly textured, painterly experimentation by the YBA who never felt cool enough to really be a YBA. Springing to life just as the blossoms around the Serpentine really start to bloom. • Serpentine Gallery, London, until 6 September Continue reading...
The real defining image of this presidency should be the bank statement of the average American citizen Shockingly, inexplicably, Donald Trump keeps finding new places to put his face. Also, his name. Or initials. Or one of those drawings a turkey a kid does by tracing the outline of their hand. He’s got his ballroom, the Kennedy Center, and a proposed 250ft arch that would become one of the talle...
The real defining image of this presidency should be the bank statement of the average American citizen Shockingly, inexplicably, Donald Trump keeps finding new places to put his face. Also, his name. Or initials. Or one of those drawings a turkey a kid does by tracing the outline of their hand. He’s got his ballroom, the Kennedy Center, and a proposed 250ft arch that would become one of the tallest buildings in all of Washington DC – a city with longstanding height restrictions for development. His signature will be on US dollars later this year, in a first for a sitting president. I’d ask if he was getting tired of all the attention, but I think we know the answer to that. Up next is a commemorative gold coin – worth exactly $1 – featuring Trump’s scowling visage looming menacingly over the Resolute Desk in the Oval Office. It’s a pretty classic Trump pose, designed to make a nearly-80-year-old man with a variety of mystery bruises who eats McDonald’s on a regular basis look physically intimidating. Beyond the president sporting a classic gen Z pout , the Commission of Fine Arts (a panel appointed by You Know Who) recommended this coin be “ as large as possible ”, which immediately makes me think of the giant penny Bruce Wayne keeps in the Batcave . Good luck trying to feed a parking meter with that. Dave Schilling is a Los Angeles-based writer and humorist Continue reading...
Sweeney: ‘I see the outcome being … to support Steve’ ‘We were very disappointed in the Six Nations’ The Rugby Football Union chief executive, Bill Sweeney, has provided another strong indication that the head coach Steve Borthwick will lead England in this summer’s Nations Championship fixtures pending the outcome of a formal review into their disappointing Six Nations campaign. While Sweeney dec...
Sweeney: ‘I see the outcome being … to support Steve’ ‘We were very disappointed in the Six Nations’ The Rugby Football Union chief executive, Bill Sweeney, has provided another strong indication that the head coach Steve Borthwick will lead England in this summer’s Nations Championship fixtures pending the outcome of a formal review into their disappointing Six Nations campaign. While Sweeney declined to state definitively that Borthwick will be in charge for a difficult run of Test matches against South Africa, Fiji and Argentina in July he said the RFU’s main focus in the review is providing additional support to the existing coaching team, as well as revealing that there have been no approaches made to Andy Farrell, the Ireland head coach whose contract expires after the 2027 World Cup. Continue reading...
Welcome to the Business of Food newsletter, covering how the world feeds itself in a changing economy and climate. This week, Mumbi Gitau looks at how a coffee trading giant navigates today’s troubled times. Any tips or feedback? Email Agnieszka de Sousa . And if you aren’t yet signed up to receive this newsletter, please do so here . Crisis Playbook When it comes to the business of coffee, few pl...
Welcome to the Business of Food newsletter, covering how the world feeds itself in a changing economy and climate. This week, Mumbi Gitau looks at how a coffee trading giant navigates today’s troubled times. Any tips or feedback? Email Agnieszka de Sousa . And if you aren’t yet signed up to receive this newsletter, please do so here . Crisis Playbook When it comes to the business of coffee, few places matter as much as Hamburg. The German port city has long served as a gateway for much of Europe’s caffeine supply and is home to many of the world’s top trading houses that move beans from farms to roasters across the globe. Among them is Neumann Kaffee Gruppe. For the past century, the trader managed to rise to the top of its game, handling roughly one in every eight beans consumed worldwide. But with historically high coffee prices and the Iran war turning the world’s focus onto supply and shipping disruption, the playbook that underpinned the company’s long success is being tested. Without merchants like Neumann, global coffee giants such as Nestlé, Starbucks and Dunkin’ would struggle to keep up with the insatiable appetite for coffee — whether black, iced or lattes. Last year, supply shortages helped drive coffee prices to record highs, pushing up costs at coffee shops and supermarkets. That’s on top of shifting US tariff policies and delays to Europe’s deforestation rules. Now, fresh upheaval to global shipping routes is adding another layer of complexity. So how do you navigate wild price swings and the geopolitical uncertainty? In this exclusive interview , CEO David Neumann had a few tips: 1. Toss out the old trader playbook, get conservative, cut stockpiles if needed. 2. Don’t fret over quantities. It’s not a marker of success. A bag of washed arabica for Rome’s finest espresso bars is not the same as a bag of robusta that goes into instant coffee. 3. Walk away from risky deals. You can read more about Neumann’s approach below. Coffee Empire Neumann Confronts...
Gary Yeowell/DigitalVision via Getty Images Co-authored by Kody's Dividends What is your most common interaction with a freight train? If you are like the vast majority of Americans, then likely it's when it intersects the roadway you're driving on, and you're stuck watching it go by before you can travel again. When it comes to the priority of passage, road traffic stops for trains. It's interest...
Gary Yeowell/DigitalVision via Getty Images Co-authored by Kody's Dividends What is your most common interaction with a freight train? If you are like the vast majority of Americans, then likely it's when it intersects the roadway you're driving on, and you're stuck watching it go by before you can travel again. When it comes to the priority of passage, road traffic stops for trains. It's interesting to consider that the American railway network was largely in place by the end of 1920, and while new track is still being laid, it's laid at a significantly slower rate than it's been laid in prior years. Train technology continues to improve, but the basic concept is the same. You connect a number of cars to the power source at the front, and it pulls them across rails to the entire country and your desired destination. What you may not realize is that train freight is exceptionally more environmentally friendly than moving things by truck or by air travel. The amount of distance traveled by a train per gallon of fuel is higher than with any other form. Once that weight is moving, the momentum helps propel it. As a fundamentals-focused dividend investor, I enjoy collecting dividends and returns from sources that others overlook. I have found that many of the best investments for my Investment Group, the Dividend Kings, come from investments that Seeking Alpha readers regularly overlook. The lower the interest the Seeking Alpha Premium article sees, the better the opportunity I find for those in my exclusive community. It's an inverse parallel. The more popular the ticker is, the less value there is because it's already a crowded, well-known investment. Today, I want to look past what most investors think of when they come to the market. We're going to move beyond growth investments, beyond software, beyond the high-yield, high-popularity income investments, and look at a company that is providing real value to your economy every single day and can provide real returns ...
blanscape/iStock Editorial via Getty Images It actually really hasn’t been that long since I last checked in on Disney ( DIS ) but I am returning to the subject as the company is in a fundamentally different place than it was just two short months ago. Indeed, veritably all the factual predicates of my last article have been altered to one degree or another. Sora Is Not Soaring I’m going to dispen...
blanscape/iStock Editorial via Getty Images It actually really hasn’t been that long since I last checked in on Disney ( DIS ) but I am returning to the subject as the company is in a fundamentally different place than it was just two short months ago. Indeed, veritably all the factual predicates of my last article have been altered to one degree or another. Sora Is Not Soaring I’m going to dispense with the latest news quickly. In just the last few hours word has come down that OpenAI is dispensing with the Sora app - which means it is also dispensing with the $1 billion that Disney agreed to invest in that app, and presumably dispensing with the Disney character IP rights it had sought to acquire for it, as well. Obviously $1 billion is nothing to sneeze at, but I would caution against giving this more significance than it merits. All indications are that Disney had not yet invested the money, so there is little to disentangle here between the two companies, and I still feel as I said in my last article, that the deal was only ever a temporary ceasefire awaiting conclusion of copyright litigation. Almost certainly this was never either company’s permanent approach to working with one another or managing the AI revolution. It’s true that Disney’s AI strategy is now very unsettled, but in my view it was always very unsettled, even when Sora was out there. Giving Parks Its Long (Over)Due In my last few articles , I have been called out more than once for giving Parks scant attention. It’s true that my longer-than-average articles tend to have relatively short Parks sections. But that is not to say I think Parks is unimportant, or that I’ve forgotten about them. The most recent earnings of course only served to reinforce this, not that I needed reminding. In Q1 of FY2026, Disney reported $4.5 billion of segment operating income. Of this, Parks, now called Experiences since there are also Disney Cruises, accounted for roughly three-quarters, and there is no indication ...
asbe/iStock via Getty Images Fast Facts JPMorgan International Research Enhanced Equity ETF ( JIRE ) is an actively managed fund listed on 06/10/2022 with an objective of long-term capital appreciation. JIRE has a portfolio of 209 stocks, a 12-month yield of 2.97%, a 30-day SEC yield of 2.14%, and an expense ratio of 0.24%. Distributions are paid annually. JIRE had a predecessor mutual fund launch...
asbe/iStock via Getty Images Fast Facts JPMorgan International Research Enhanced Equity ETF ( JIRE ) is an actively managed fund listed on 06/10/2022 with an objective of long-term capital appreciation. JIRE has a portfolio of 209 stocks, a 12-month yield of 2.97%, a 30-day SEC yield of 2.14%, and an expense ratio of 0.24%. Distributions are paid annually. JIRE had a predecessor mutual fund launched on 10/28/1992. Strategy As described in the prospectus by JPMorgan , the fund seeks to outperform the MSCI EAFE Index with similar risk, in particular country and sector exposure. The fund will primarily, but not exclusively, invest in equities included in the index. Equities that are considered undervalued are moderately overweighted, while those that are considered overvalued are underweighted or excluded. The adviser utilizes proprietary research, risk management techniques and individual security selection in constructing the Fund's portfolio. The fund may hedge some currencies with derivatives on a discretionary basis, but not systematically. The portfolio turnover was 25% in the most recent fiscal year. This article will use as a benchmark the MSCI EAFE Index, represented by iShares MSCI EAFE ETF ( EFA ). Portfolio The portfolio is almost exclusively invested in large- and mega-cap companies (about 97% of asset value), with a focus on Europe (65%). Nonetheless, the heaviest country is Japan (23.4%), followed by the U.K. (17.2%), France (12%), and Germany (11.2%). In accordance with the "risk neutral" approach, the geographical allocation is close to the benchmark's, as plotted on the chart below. JIRE top countries, % of asset value (Chart: author; data: JPM, iShares) The sector breakdown is also very close to that of EFA, in line with the strategy description. The portfolio has significant exposure in financials (25.7%) and industrials (18.6%). Other sectors are below 11%. JIRE sector breakdown, % of asset value (Chart: author; data: JPM, iShares) Company-specific...
DNY59/iStock via Getty Images Iran War And Macro Drivers Fuel Volatility Market volatility has soared as investors exhibit heightened sensitivity to geopolitical developments , oil price swings , shifting interest rate expectations, stubborn inflation, and concerns of an economic slowdown and stagflation. The Cboe Volatility Index ( VIX ), Wall Street’s “fear gauge,” remains at elevated levels aft...
DNY59/iStock via Getty Images Iran War And Macro Drivers Fuel Volatility Market volatility has soared as investors exhibit heightened sensitivity to geopolitical developments , oil price swings , shifting interest rate expectations, stubborn inflation, and concerns of an economic slowdown and stagflation. The Cboe Volatility Index ( VIX ), Wall Street’s “fear gauge,” remains at elevated levels after touching highs not seen since the tariff chaos of Liberation Day nearly a year ago. Bloomberg Stocks, gold, and bond prices fell as oil, gas, and fertilizer prices surged over the supply disruptions in the Strait of Hormuz. And, as concerns about energy prices fueling inflation have grown, investor expectations for interest rate cuts have changed dramatically. Bloomberg A month ago, markets expected the Fed to start cutting interest rates later this year. Now, most investors expect no cuts at all – with some even betting on rate hikes starting in April. Although the market rose slightly earlier this week on signs of potential diplomatic progress in the Middle East, lingering uncertainty is likely to weigh on stocks, with investors hard-pressed to assess risks from the ongoing war, according to Paul Stanley, chief investment officer of Granite Bay Wealth Management. “The stock market is in a holding pattern as it waits for the next shoe to drop in the Iran conflict, and it's clear that investors are not yet willing to bet on which direction this conflict may go in next. That's why we expect stocks to remain sideways as the market reads the tea leaves and prices in what's next,” Stanley said. That said, panic selling during market downturns can lead to financial setbacks, as stocks have a history of rebounding after sharp drawdowns and geopolitical shocks dating back to Pearl Harbor – underscoring the importance of positioning portfolios to weather volatility rather than attempting to avoid it. Creative Planning A practical way to help stabilize portfolio performance durin...
jetcityimage/iStock Editorial via Getty Images I last covered packaged foods maker Conagra (NYSE: CAG ) in July 2025. At the time, I wrote that while the company had poor operating results, the firm's sharply discounted valuation offset that fact. With the benefit of hindsight, apparently the valuation wasn't discounted quite enough. CAG stock has produced a negative 15% total return since that po...
jetcityimage/iStock Editorial via Getty Images I last covered packaged foods maker Conagra (NYSE: CAG ) in July 2025. At the time, I wrote that while the company had poor operating results, the firm's sharply discounted valuation offset that fact. With the benefit of hindsight, apparently the valuation wasn't discounted quite enough. CAG stock has produced a negative 15% total return since that point. And, in the bigger picture, the share price has been blown to smithereens, with shares now sitting not all that far above the 2008 financial crisis lows: Data by YCharts I've been covering Conagra for a while. During that time, the central bull/bear debate has been Conagra's low valuation on the one hand countered by its poor business results and the harsh headwinds hitting the U.S. packaged foods sector. With this drop to $15/share, I'm getting more excited about the bullish side of the equation. I am sticking with my buy rating, and I backed that up by purchasing some Conagra shares this week. Conagra's Most Recent Earnings Despite my more upbeat view on the company, I am not especially excited about next week's earnings report. Let's back up a bit for context. Conagra uses a non-standard financial reporting calendar. It issued its fiscal year 2026 Q2 results in December. In those Q2 results , the company reported a large headline loss. This was primarily due to a non-cash impairment charge as Conagra marked down the value of some of its intangible assets. Management said this change reflected "a sustained decline in the company's share price and market capitalization". That's understandable; Conagra would likely receive a lower price in a potential takeover scenario today than it would have a few years ago, and so writing down assets makes sense within that perspective. That said, that sort of accounting loss does not impact the company's cash flow or ability to service debt and pay a dividend. Excluding the impairment, Conagra earned 45 cents per share in Q2, which...
boytsov/iStock via Getty Images As long as I've been invested, the market rarely ever pauses around what we can all agree on as a 'fair value'. Market indices like the S&P 500 ( SPX ) and the Nasdaq-100 ( NDX ) are extremely reactive to both ends of the spectrum. When challenges occur, it's always painted as the end of the world. When times are good, it's always the golden era of wealth creation. ...
boytsov/iStock via Getty Images As long as I've been invested, the market rarely ever pauses around what we can all agree on as a 'fair value'. Market indices like the S&P 500 ( SPX ) and the Nasdaq-100 ( NDX ) are extremely reactive to both ends of the spectrum. When challenges occur, it's always painted as the end of the world. When times are good, it's always the golden era of wealth creation. The thing that has always annoyed me about the markets is that fear tends to always control the narrative. Doom predictors are popular because fear cannot be disproven, so it requires less bravery to paint negativity in the markets, as opposed to staking an optimistic claim on the outlook of the world. However, I welcome these periods of pessimism because it's where investors get rich. The irony of achieving alpha in the markets is that the seed is typically planted during times like this. The ability to buy into high quality businesses at artificially deflated valuations has always rewarded patience. However, the headlines will have you convinced that we are heading towards the next recession or another great financial crisis. Now, that isn't to say that there aren't authentic reasons why markets are pulling back from their highs. I just want to emphasize that many times these things have very little impact to the fundamentals to a business. The closure of the Strait of Hormuz is just the latest example of this market fear. Crude oil rapidly increased towards $100 a barrel, energy costs are rising, and expansion within the AI data center market has sparked concerns. Combine this with an uptick in unemployment related to AI, a prolonged high interest rate environment, and a selloff amongst the technology sector, we are now in extreme fear territory . Fear & Greed Index (CNN) Looking through the flames of the indices, I wanted to provide some real-time opportunities that growth and income investors can identify at this time. I always wanted to provide some insight reminders ...
SOUTH SAN FRANCISCO, Calif., March 27, 2026 (GLOBE NEWSWIRE) -- Senti Biosciences, Inc. (Nasdaq: SNTI) (“Senti Bio”), a clinical-stage biotechnology company developing next-generation cell and gene therapies using its proprietary Gene Circuit platform, today reported financial results for the fourth quarter of 2025 and full year 2025 and provided a summary of recent pipeline and corporate highligh...
SOUTH SAN FRANCISCO, Calif., March 27, 2026 (GLOBE NEWSWIRE) -- Senti Biosciences, Inc. (Nasdaq: SNTI) (“Senti Bio”), a clinical-stage biotechnology company developing next-generation cell and gene therapies using its proprietary Gene Circuit platform, today reported financial results for the fourth quarter of 2025 and full year 2025 and provided a summary of recent pipeline and corporate highlights.
Sun King , the world’s largest off-grid solar company, plans to spend as much as $150 million by 2030 expanding into Ethiopia, Africa’s second-most populous nation. The planned investment, in the form of a memorandum of understanding with the Ethiopian Investment Commission, is part of a broader drive by the Kenya-based company to spend $1.3 billion by 2030 expanding energy access in Africa. Almos...
Sun King , the world’s largest off-grid solar company, plans to spend as much as $150 million by 2030 expanding into Ethiopia, Africa’s second-most populous nation. The planned investment, in the form of a memorandum of understanding with the Ethiopian Investment Commission, is part of a broader drive by the Kenya-based company to spend $1.3 billion by 2030 expanding energy access in Africa. Almost 600 million people in Africa, or more than 80% of the global total, have no access to power. That’s led to the continent becoming the focus of rapidly expanding companies that supply and run off-grid electrical equipment such as home solar systems and solar mini-grids. Ethiopia can export power to neighboring states thanks to its construction of the Grand Ethiopian Renaissance Dam on a tributary of the Nile River, yet large swaths of its more than 120 million people remain beyond the national grid. So-called distributed renewable energy systems are a cheaper way of providing electricity access than building transmission lines to remote areas. “The agreement marks Sun King’s formal entry into one of Africa’s most significant untapped solar markets,” Sun King and the EIC said in the statement on Friday. World Bank Says $50 Billion Committed to Africa Power Plans Sun King Seeks $1.3 Billion to Bring Power to 200 Million People A Solar Boom in Rural Nigeria Lights Up Local Economies The company, founded in 2007 as Greenlight Planet by three University of Illinois graduates, supplies an array of equipment including the batteries and small solar panels used across Africa, with Sun King now operating in 14 countries. Its equipment is sold under pay-as-you-go arrangements to make it more affordable. Under the pact, Sun King will establish a local subsidiary and the EIC will liase with government agencies to help the company secure the required permits and licenses. The aim is to reach 2 million households and businesses by 2030. The expansion comes amid a drive to boost electrici...
Concentrix CEO Chris Caldwell joins Bloomberg Intelligence analyst Tamlin Bason to examine how AI is reshaping customer experience. As companies move from pilots to scaled deployment, Caldwell discusses how AI is enabling more personalized, real-time interactions, while introducing risks around consistency, trust and brand control. The conversation also explores the role of incumbents like Concent...
Concentrix CEO Chris Caldwell joins Bloomberg Intelligence analyst Tamlin Bason to examine how AI is reshaping customer experience. As companies move from pilots to scaled deployment, Caldwell discusses how AI is enabling more personalized, real-time interactions, while introducing risks around consistency, trust and brand control. The conversation also explores the role of incumbents like Concentrix in bringing the scale needed to implement AI effectively, bridging the gap between emerging tech
A recent study conducted by Motley Fool Research asked 2,000 retirees what actually matters when choosing where to live -- then scored every state accordingly. Quality of life carried the most weight at 31%, followed by healthcare, housing, crime, climate, taxes, and cost of living. The result is a ranking that punishes states that are cheap but hollow and rewards ones that deliver across the boar...
A recent study conducted by Motley Fool Research asked 2,000 retirees what actually matters when choosing where to live -- then scored every state accordingly. Quality of life carried the most weight at 31%, followed by healthcare, housing, crime, climate, taxes, and cost of living. The result is a ranking that punishes states that are cheap but hollow and rewards ones that deliver across the board. Three states separated themselves from the pack -- and here they are. The tax pitch is the first thing you often hear about Texas, and for good reason: no state income tax or tax on Social Security, pensions, 401(k)s, or IRAs. And there's no estate or inheritance tax either. For retirees living primarily on investment income and distributions, it's one of the most favorable structures in the country. Continue reading
The technology giant plans to support domestic partnerships with Bosch, Qnity Electronics and others through 2030. Its agreement with TDK will bring iPhone sensor production to the U.S. for the first time.
The technology giant plans to support domestic partnerships with Bosch, Qnity Electronics and others through 2030. Its agreement with TDK will bring iPhone sensor production to the U.S. for the first time.