Dan Pickering, CIO at Pickering Energy Partners, breaks down the areas of the global oil market most affected by the Iran war, his price outlook as the conflict continues, and why California faces supply issues similar to Asia. (Source: Bloomberg)
Dan Pickering, CIO at Pickering Energy Partners, breaks down the areas of the global oil market most affected by the Iran war, his price outlook as the conflict continues, and why California faces supply issues similar to Asia. (Source: Bloomberg)
JHVEPhoto/iStock Editorial via Getty Images Concentrix Corporation ( CNXC ) is a company focused on customer service and engagement solutions. It was spun off from TD SYNNEX Corporation ( SNX ) in 2020 and has traded as an independent company since then. Bears often derisively refer to Concentrix as a “call center” company, and that gets to the heart of the debate around CNXC stock. The skeptics v...
JHVEPhoto/iStock Editorial via Getty Images Concentrix Corporation ( CNXC ) is a company focused on customer service and engagement solutions. It was spun off from TD SYNNEX Corporation ( SNX ) in 2020 and has traded as an independent company since then. Bears often derisively refer to Concentrix as a “call center” company, and that gets to the heart of the debate around CNXC stock. The skeptics view this as a dying business that is about to get run over by AI disruption. Bulls, by contrast, believe that Concentrix is more than just call centers, and its consumer engagement platform will prove stickier than the market currently gives it credit for. From the investor presentation , here is how Concentrix describes its value proposition: Concentrix's services (Corporate Presentation) That said, the AI threat to the business seems to be greater than the potential benefits that Concentrix can obtain from integrating AI processes into its workflows. In any case, up until now, bears have had the upper hand. Specifically, Concentrix has been caught in a brutal downtrend since 2022, with the stock losing more than 85% of its value from the peak: Data by YCharts The decline continued this week following the company's latest earnings report. Shares dropped nearly 20% on Tuesday: Data by YCharts That leads to the question: Is Concentrix a huge buying opportunity or a value trap? Looks Shockingly Cheap, And Earnings Haven't Been Too Bad We can cut to the chase here. The following table lays out the primary reasons why folks would be interested in buying CNXC stock: Concentrix Valuation Metrics (Seeking Alpha) You are reading that right. Shares are going for less than 3x non-GAAP forward earnings and less than 6x EBITDA. Meanwhile, the stock is also selling for less than 1x sales while going for a significant discount to book value. Is this stock this cheap because the business has run into major operational setbacks? Not exactly. In fact, revenues have continued to climb. The b...
Guido Mieth/DigitalVision via Getty Images Back in December of last year, I decided to take a fresh look at Citizens Financial Services ( CZFS ). With a market capitalization today of $287.3 million, it is a very small bank. It's not the smallest that I look at. But it is certainly on the list of small ones. Even so, I believed that its size worked in its favor. Or at least I should say it worked ...
Guido Mieth/DigitalVision via Getty Images Back in December of last year, I decided to take a fresh look at Citizens Financial Services ( CZFS ). With a market capitalization today of $287.3 million, it is a very small bank. It's not the smallest that I look at. But it is certainly on the list of small ones. Even so, I believed that its size worked in its favor. Or at least I should say it worked in the favor of investors. Often, smaller companies go unnoticed by many market participants. This offers the opportunity to find bargains. That's what I believed was the case back then, leading me to reaffirm the company as a 'buy' candidate. Since then, the stock has slightly outperformed the market, dipping 0.7% while the S&P 500 is down 1.3%. To be honest with you, I think that the picture should be even better than this. The stock is cheap and management continues to grow the business nicely. What's more, I actually think that it could benefit from continued declines in interest rates. And with my view that the economy is barreling toward a recession, this could be a good prospect to keep in mind. Checking in on Citizens Financial Services Author - SEC EDGAR Data The core of my thesis when it comes to Citizens Financial Services centers around two primary things. The first of these is its overall valuation, which I will get to shortly. But the second is that the company should be rather resilient in a declining interest rate environment. For starters, in the chart above, you can see its net interest margin for the most recent quarter compared to the same time last year, as well as for 2025 in its entirety compared to 2024. This metric improved during both windows of time. And this was not just a small improvement. It was substantial. Author - SEC EDGAR Data This improvement in net interest margin stemmed from changes in the interest rate environment that positively impacted the company. In the chart above, you can see certain aspects of its balance sheet from a margin ...
Nico De Pasquale Photography/DigitalVision via Getty Images Introduction When it comes to Gaming and Leisure Properties, Inc. ( GLPI ), I feel as though the REIT doesn't get enough credit. Going forward, I think this may change as they've been busy making acquisitions for solid growth in 2026 and beyond. In my opinion, GLPI is positioning themselves to become a major player in the near future. And...
Nico De Pasquale Photography/DigitalVision via Getty Images Introduction When it comes to Gaming and Leisure Properties, Inc. ( GLPI ), I feel as though the REIT doesn't get enough credit. Going forward, I think this may change as they've been busy making acquisitions for solid growth in 2026 and beyond. In my opinion, GLPI is positioning themselves to become a major player in the near future. And their recession-resistant business is backed by solid fundamentals. With uncertainty looming, GLPI may just be the type of dividend stock you need in your portfolio. With a current yield over 6% and trading below the peer average, GLPI looks poised to deliver double-digit total returns. In this article, I discuss GLPI's latest earnings, fundamentals, and why income-focused investors should consider this cheap REIT for their portfolio. Previous Buy Thesis I last covered Gaming and Leisure Properties this past November, rating the REIT a Buy due to its strong growth prospects, nearly 7% dividend yield, and more than 18% upside potential to their price target of nearly $54. Since then, the stock has outperformed the S&P ( SP500 ), up over 3% compared to the index, down closer to 5%. During their Q3 earnings , GLPI deployed close to $900 million at a blended cap rate of 9.3%. Seeking Alpha Their investments were expected to be immediately accretive. Revenue grew 3.2% during the quarter, while AFFO comfortably covered the dividend with an 80.4% payout ratio. Management also raised full-year guidance a penny, with AFFO projected in a range of $3.86 - $3.88. GLPI Has Been Busy Gaming and Leisure Properties' Q4 earnings showed their acquisitions have been paying off. The REIT managed a double beat , with FFO exceeding analysts' estimates by a solid $0.18. This amounted to $1.16, up $0.08 from the prior quarter and $0.15 from the previous year's quarter. Revenue beat estimates by $0.98 million, amounting to $407 million. Year-over-year, this grew 4.5%. AFFO came in at $0.99, up fro...
Days After Trump Delays Xi Summit, Chinese Carrier Unveils 101-Jet Airbus Deal Days after President Donald Trump delayed a planned meeting with Chinese President Xi Jinping over the now 26-day-old U.S.-Iran conflict, one of China's top state-owned airlines unveiled a major narrow-body aircraft deal with Airbus. China Eastern Airlines announced a $15.8 billion deal for 101 Airbus A320neo aircraft o...
Days After Trump Delays Xi Summit, Chinese Carrier Unveils 101-Jet Airbus Deal Days after President Donald Trump delayed a planned meeting with Chinese President Xi Jinping over the now 26-day-old U.S.-Iran conflict, one of China's top state-owned airlines unveiled a major narrow-body aircraft deal with Airbus. China Eastern Airlines announced a $15.8 billion deal for 101 Airbus A320neo aircraft on Wednesday, with deliveries scheduled between 2028 and 2032. The Shanghai-based carrier, which operates domestic and international passenger and cargo flights, said it negotiated prices well below list value and expects to fund the order through a mix of internal resources and external financing, with installment payments not expected to materially affect cash flow or operations. The timing of the China Eastern Airlines-Airbus deal comes as a report earlier this month said China was expected to announce a massive deal for 500 Boeing 737 Max jets, with possible orders for 100 widebody aircraft, including 787 Dreamliners and 777Xs. But the Trump-Xi summit was originally planned for March 31 through April 2. Trump requested that China delay it by "a month or so," explaining, "We got a war going on. I think it's important that I be here." As seen in past trade war flare-ups between the two superpowers, aircraft orders have often signaled goodwill, while restrictions on jet parts have signaled heightened tensions. At the same time, surprisingly, Beijing is not angrier at Trump, even though the U.S.-Iran conflict has sparked a fuel crisis across Asia. The key question now is whether a future Trump-Xi summit will still yield a Boeing jet deal. Tyler Durden Wed, 03/25/2026 - 07:45
NETGEAR (NTGR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
NETGEAR (NTGR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
(RTTNews) - Winnebago Industries, Inc. (WGO), a maker of motorhomes, on Wednesday posted a net profit for the second quarter, helped by increased revenue and decreased expenses.
(RTTNews) - Winnebago Industries, Inc. (WGO), a maker of motorhomes, on Wednesday posted a net profit for the second quarter, helped by increased revenue and decreased expenses.