Dmitry Presnyakov/iStock Editorial via Getty Images I'm still bullish on Geely Automobile Holdings Limited ( GELYF ) (0175.HK). GELYF's earnings grew strongly for the recent fiscal period. I think it will do better than China's overall auto industry in 2026. Its shares are trading at less than half the P/E ratio of its domestic peer. The substantial valuation discount warrants a " Buy" rating. The...
Dmitry Presnyakov/iStock Editorial via Getty Images I'm still bullish on Geely Automobile Holdings Limited ( GELYF ) (0175.HK). GELYF's earnings grew strongly for the recent fiscal period. I think it will do better than China's overall auto industry in 2026. Its shares are trading at less than half the P/E ratio of its domestic peer. The substantial valuation discount warrants a " Buy" rating. The company's major share price drivers and above-consensus FY23 numbers were outlined in my March 26, 2024, initiation piece . Multiple Factors Contributed To Profit Breakout GELYF published a slide deck revealing its latest full-year financials on March 18. The firm's FY2025 normalized bottom line was 35.8% higher at CNY 14.4 billion. I've identified several reasons for the solid showing, which are detailed below. The total number of cars sold rose 39% to 3.03 million in the previous year. It successfully capitalized on the electrification wave, with the 1.69 million "New Energy Vehicle/NEV" volumes representing a 90% jump. It's encouraging for me to see the group pivoting towards high-end models. Sales for the luxury-focused "ZEEKR 9X surpassed 22,000 units from September launch through year-end" as per its presentation disclosures. GELYF indicated at the analyst meeting (source: S&P Capital IQ) that the 9X's 40% gross margin is much better than the companywide figure at the high-teens level. Separately, I'm impressed by the enterprise's ventures outside the hyper-competitive Mainland Chinese region. NEV-related exports surged 240% to 124k in FY25. It described "overseas growth" as "high-value" in an earlier August 2025 meeting . My take is that its foreign operations are likely to be more profitable than the domestic business. GELYF has also demonstrated cost discipline. In 2025, OpEx-to-sales metric declined by 30 bps to 13%. Corporate reorganization efforts have paid off too. SA News highlighted "Geely's broader plan to consolidate and streamline its premium electric veh...
Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO and state minister for energy affairs told Reuters on Thursday. Saad al-Kaabi said two of Qatar's 14 LNG trains and one of its two gas-to-liquids (GTL) facilities were damaged in the unp...
Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO and state minister for energy affairs told Reuters on Thursday. Saad al-Kaabi said two of Qatar's 14 LNG trains and one of its two gas-to-liquids (GTL) facilities were damaged in the unprecedented strikes. The repairs will sideline 12.8 million tons per year of LNG for three to five years, he said in an interview. QatarEnergy had declared force majeure on its entire output of LNG, after earlier attacks on its Ras Laffan production hub, which came under fire again on Wednesday. "For production to restart, first we need hostilities to cease," he said. U.S. oil major ExxonMobil ( XOM ) is a partner in the damaged LNG facilities, while Shell ( SHEL ) is a partner in the damaged GTL facility, which will take up to a year to repair. Texas-based ExxonMobil holds a 34% stake in LNG train S4 and a 30% stake in train S6, Kaabi said. Train S4 impacts supplies to Italy's Edison and EDFT in Belgium, while Train S6 impacts South Korea's KOGAS, EDFT and Shell in China, the report said. The scale of the damage from the attacks has set the region back 10 to 20 years, he said. "And of course, this is a safe haven for a lot of people, to have a safe place to stay and so on. And that image, I think, has been shaken." WTI crude ( CL1:COM ) was down 2% to $93.62/bbl at press time, and Brent ( CO1:COM ) fell 1.7% to $106.86 on Friday after leading European nations and Japan offered to join efforts to secure safe passage for ships through the Strait of Hormuz and the U.S. outlined moves to boost oil supply. Brent had climbed more than $11 to a high of $119.13/bbl in the previous session, near the three-and-a-half-year intraday peak touched on March 9. ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( UNG ), ( BOIL ), ( KOLD ), ( ...
Bussarin Rinchumrus/iStock via Getty Images Fund Commentary The Russell 2000 Value Index finished the fourth quarter higher, outpacing the larger cap S&P 500 index and the Russell 2000 growth index. Better than expected GDP data and continued strength in corporate earnings overshadowed weakening employment data. The Federal Reserve continued to cut short term interest rates as they shift focus to ...
Bussarin Rinchumrus/iStock via Getty Images Fund Commentary The Russell 2000 Value Index finished the fourth quarter higher, outpacing the larger cap S&P 500 index and the Russell 2000 growth index. Better than expected GDP data and continued strength in corporate earnings overshadowed weakening employment data. The Federal Reserve continued to cut short term interest rates as they shift focus to the labor market while inflation data remains stable. Credit spreads show little sign of stress despite growing investor concerns around increased debt financing of artificial intelligence infrastructure spending. Health Care was the best performing sector in the index, led by Pharmaceutical and Biotechnology companies. Consumer Staples and Information Technology sectors underperformed the index. The Northern Small Cap Value Fund underperformed its benchmark, the Russell 2000 Value Index. Strong stock selection in the Information Technology and Industrials sectors was offset by weaker results in the Consumer Discretionary and Communication Services sectors. Within our stock selection model, the “BUY” rated category slightly underperformed the index, while the “SELL” rated category outperformed, detracting from relative returns. The outperformance of highly volatile names with low profitability was a headwind to relative returns as the Fund is typically underweight those segments of the market. Going forward and consistent with our long-term approach, we will continue to seek out more reasonably priced, but profitable, small-company stocks and avoid lower quality companies. We will continue to apply our disciplined cost- and risk-efficient investment strategy, balancing return, risk, and transaction costs, in an effort to achieve intended objectives. References Russell 2000® Value Index measures the performance of those Russell 2000® Index companies with lower price-to-book ratios and lower forecasted growth values. It is not possible to invest directly in an index. S&P 500®...
格隆汇3月20日丨据中国贸易救济信息网，2026年3月19日，印度商工部发布公告称，应印度国内企业Paushak Limited、Superform Chemistries Limited和UPL Limited提交的申请，对原产于或进口自中国的任何浓度的氯甲酸甲酯[Methyl Chloroformates (MCF) in any concentration]启动反倾销调查。本案涉及印度海关编...
格隆汇3月20日丨据中国贸易救济信息网，2026年3月19日，印度商工部发布公告称，应印度国内企业Paushak Limited、Superform Chemistries Limited和UPL Limited提交的申请，对原产于或进口自中国的任何浓度的氯甲酸甲酯[Methyl Chloroformates (MCF) in any concentration]启动反倾销调查。本案涉及印度海关编码29151290项下的产品以及29151300、29159099和29333990项下的部分产品。本案倾销调查期为2024年10月1日至2025年9月30日（12个月），损害调查期为2022年4月1日至2023年3月31日、2023年4月1日至2024年3月31日、2024年4月1日至2025年3月31日以及2024年10月1日至2025年9月30日。
格隆汇3月20日丨据中国贸易救济信息网，2026年3月17日，印度商工部发布公告，对原产于或进口自中国和泰国的分子量3000－4000的聚醚多元醇（Flexible Slabstock Polyol, FSP）作出反倾销肯定性终裁，建议对上述国家的涉案产品征收反倾销税，有效期为5年，征税详情如下：中国生产商万华化学集团（Wanhua Chemical Group Co., Ltd）为207美元/吨...
格隆汇3月20日丨据中国贸易救济信息网，2026年3月17日，印度商工部发布公告，对原产于或进口自中国和泰国的分子量3000－4000的聚醚多元醇（Flexible Slabstock Polyol, FSP）作出反倾销肯定性终裁，建议对上述国家的涉案产品征收反倾销税，有效期为5年，征税详情如下：中国生产商万华化学集团（Wanhua Chemical Group Co., Ltd）为207美元/吨、中国其他生产商为318美元/吨，泰国生产商Dow Chemical Thailand Limited为72美元/吨，泰国其他生产商为141美元/吨。本案涉及印度海关编码39072910和39072990项下的产品。
How does this sound: an investment valued at $725,000 and providing $21,750 annually in passive income? Pretty good, I'd say. How about accomplishing that with as little as $500 invested per month? Even better, I'd assume. Well, there's a dividend exchange-traded fund (ETF) that has shown it can make it happen if it continues on its recent trajectory: Vanguard High Dividend Yield ETF (VYM +0.00%)....
How does this sound: an investment valued at $725,000 and providing $21,750 annually in passive income? Pretty good, I'd say. How about accomplishing that with as little as $500 invested per month? Even better, I'd assume. Well, there's a dividend exchange-traded fund (ETF) that has shown it can make it happen if it continues on its recent trajectory: Vanguard High Dividend Yield ETF (VYM +0.00%). Nothing is guaranteed in the stock market, but VYM is led by high-quality companies that have stood the test of time and have shown to be reliable dividend payers. With a little patience, VYM could be a productive piece of your portfolio. A dividend ETF that covers a lot of ground VYM's name says it all: a dividend ETF focused on high-yield stocks. To be included in VYM, a company must have a history of paying above-average dividends. Because of its rather loose criteria, VYM is more well-rounded sector-wise compared to other popular dividend ETFs. Financials : 19.4% Industrials : 13.8% Healthcare : 12.9% Technology : 12.3% Consumer Discretionary : 10.1% Energy : 9.6% : 9.6% Consumer Staples : 9.4% Utilities : 6.5% Telecommunications : 3.7% Basic Materials : 2.3% In these sectors, there are plenty of industry leaders that have been paying and growing their dividends for a while, too. VYM's top five holdings are Broadcom, JPMorgan Chase, ExxonMobil, Johnson & Johnson, and Walmart. All of them being from different sectors is another testament to VYM's diversification. With 559 stocks under its belt, VYM covers a lot of ground, ensuring you get exposure to a wide variety of industries and growth opportunities. Expand NYSEMKT : VYM Vanguard High Dividend Yield ETF Today's Change ( 0.00 %) $ 0.00 Current Price $ 147.51 Key Data Points Day's Range $ 146.60 - $ 148.37 52wk Range $ 112.05 - $ 157.29 Volume 1.8M Performance that should make you optimistic for the future Over the past decade, VYM has averaged just over 11.4% annual total returns. Past results don't guarantee future ...
Key Points The Vanguard High Dividend Yield ETF consists of companies with a history of paying above-average dividends. VYM has averaged around 11.4% annual total returns and a 3% dividend yield over the past decade. VYM is more diversified than many other popular dividend ETFs. 10 stocks we like better than Vanguard High Dividend Yield ETF › How does this sound: an investment valued at $725,000 a...
Key Points The Vanguard High Dividend Yield ETF consists of companies with a history of paying above-average dividends. VYM has averaged around 11.4% annual total returns and a 3% dividend yield over the past decade. VYM is more diversified than many other popular dividend ETFs. 10 stocks we like better than Vanguard High Dividend Yield ETF › How does this sound: an investment valued at $725,000 and providing $21,750 annually in passive income? Pretty good, I'd say. How about accomplishing that with as little as $500 invested per month? Even better, I'd assume. Well, there's a dividend exchange-traded fund (ETF) that has shown it can make it happen if it continues on its recent trajectory: Vanguard High Dividend Yield ETF (NYSEMKT: VYM). Nothing is guaranteed in the stock market, but VYM is led by high-quality companies that have stood the test of time and have shown to be reliable dividend payers. With a little patience, VYM could be a productive piece of your portfolio. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » A dividend ETF that covers a lot of ground VYM's name says it all: a dividend ETF focused on high-yield stocks. To be included in VYM, a company must have a history of paying above-average dividends. Because of its rather loose criteria, VYM is more well-rounded sector-wise compared to other popular dividend ETFs. Financials : 19.4% Industrials : 13.8% Healthcare : 12.9% Technology : 12.3% Consumer Discretionary : 10.1% Energy : 9.6% : 9.6% Consumer Staples : 9.4% Utilities : 6.5% Telecommunications : 3.7% Basic Materials : 2.3% In these sectors, there are plenty of industry leaders that have been paying and growing their dividends for a while, too. VYM's top five holdings are Broadcom, JPMorgan Chase, ExxonMobil, Johnson & Johnson, and Walmart. All of them being from different sect...
(RTTNews) - Automaker Stellantis N.V. (STLA) announced late Thursday the expansion of fast-charging access across North America for its battery-electric vehicles or BEVs to Tesla Supercharger Network, enabling easier long-distance travel and everyday charging confidence. The company noted that owners of its Dodge, Jeep, Ram, FIAT and Maserati BEVs in the region can now plug in to more than 27,500 ...
(RTTNews) - Automaker Stellantis N.V. (STLA) announced late Thursday the expansion of fast-charging access across North America for its battery-electric vehicles or BEVs to Tesla Supercharger Network, enabling easier long-distance travel and everyday charging confidence. The company noted that owners of its Dodge, Jeep, Ram, FIAT and Maserati BEVs in the region can now plug in to more than 27,500 Tesla Supercharger locations. Starting Thursday, Stellantis BEV customers can access Tesla V3 and V4 Superchargers using a Free2move Charge North American Charging System or NACS-CCS1 DC adapter, available for purchase at Stellantis low-emission vehicle certified dealerships and at Mopar.com. Customers can also access a Tesla "Magic Dock" Supercharger, which features a built-in adapter. Only Stellantis-approved NACS adapters can be used with a Tesla Supercharger. The Free2move Charge app helps owners find compatible Tesla Superchargers, along with other charging network stations, and handles charging management and payment. The free Free2move Charge app helps customers locate and identify available Tesla Supercharger locations, along with other publicly available AC and DC fast-charging stations, such as IONNA Rechargeries. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Wachiwit/iStock Editorial via Getty Images We were not very lucky with the initiation of our coverage of Tripadvisor ( TRIP ). The ongoing conflicts in the Middle East, with travel disruptions and negative sentiment on the SaaS sector, have weighed on the overall equity narrative. We are down 32% (Fig. 1). That said, our overweight rating was supported by a strategic pivot underway , and we contin...
Wachiwit/iStock Editorial via Getty Images We were not very lucky with the initiation of our coverage of Tripadvisor ( TRIP ). The ongoing conflicts in the Middle East, with travel disruptions and negative sentiment on the SaaS sector, have weighed on the overall equity narrative. We are down 32% (Fig. 1). That said, our overweight rating was supported by a strategic pivot underway , and we continue to believe this remains in place. Despite accounting for travel pressure, our buy rating was supported by restructuring activities and an asymmetric risk-reward profile based on a sum-of-the-parts approach. Author Rating Update Fig. 1 Tripadvisor Results and Our Positive View Q4 top-line sales were aligned with consensus estimates, with an EBITDA miss. Tripadvisor reported sales of $411 million , with flat year-over-year performance. This was backed by continued strength in Experiences but offset by Hotels & Other declining. Hotels & Other sales were down 15% due to persistent traffic headwinds. On a positive note, the experiences segment sales grew 10% to $204 million, with TheFork up by 18% to $57 million. Still related to Q4, Tripadvisor reported adjusted EBITDA of $45 million and an 11% margin. This was below Street's forecast of 12.5%. The main explanation for the margin miss was the incremental marketing expenditure. On an annual basis, the company reported sales of $1.89 billion (up 3%) and an adjusted EBITDA of $319 million (16.9% margin). In Q4, the company reported a net loss of $38 million. The 2025 net profit reached $40 million, with an EPS of $0.31. Looking at the balance sheet, the company's cash & equivalents matched its total financial obligations (i.e., the sum of the current portion of debt and Tripadvisor's long-term debt). Tripadvisor FY 2025 results in a Snap Fig. 2 Why are we still Positive? On 17 Feb 2026, the activist investor Starboard Value pressured the Tripadvisor management team (the hedge fund owns 9.39% of the company's equity share). Acco...