Key PointsHome Depot offers nearly a 3% yield as it rolls out artificial intelligence (AI)-powered tools for professionals and pursues a $400 billion opportunity.
Key PointsHome Depot offers nearly a 3% yield as it rolls out artificial intelligence (AI)-powered tools for professionals and pursues a $400 billion opportunity.
Editor's note: Seeking Alpha is proud to welcome Ilgaz Demirci as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Sandwish/iStock via Getty Images Propel Holdings ( PRL:CA ) has been a fascinating story since its ...
Editor's note: Seeking Alpha is proud to welcome Ilgaz Demirci as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Sandwish/iStock via Getty Images Propel Holdings ( PRL:CA ) has been a fascinating story since its IPO. Recently, the company's stock has been depressed with significant concerns over subprime lending and its "ties" to Goeasy, another subprime lender, albeit incorrectly. I believe the valuation proposes an incredible buying opportunity as long as investors do not over-allocate their portfolio. The thing that separates Propel Holdings from the rest of the sub-prime business is their revenue diversification and their ability to keep leverage comparatively low. The company has a very strong management team with all co-founders still in the business. The team knows what they are doing and so far, executing well while being not afraid to pivot quickly when risks arise such as during the government shutdown in the US (Q4 2025). I rate it a Buy and am a shareholder myself, and going forward, the main part of the business that will be on my radar is their Lending as a Service program. The Business Propel provides financial services in the sub-prime lending space in North America and the United Kingdom. They have been providing open lines of credit and installment loans to their customers for years and have recently begun a campaign of diversification of risk through Lending-As a Service (LaaS). Propel utilizes their AI based digital platform for underwriting which provides a lower cost platform compared to brick and mortar sub-prime lenders such as Goeasy. This also enables their LaaS program being able to "lend" or rent out their platform to collect fees for this service while 3rd parties such as Column provide the capital required. Propel as a result, doesn't actually hold any...
peepo/E+ via Getty Images Joby Aviation ( JOBY ) should not be valued on 2026 revenue estimates , which are small and mostly transitional, deriving from Blade and some early service activity. In 2026, we will not be seeing the real revenue drivers, which, while speculative, offer a far better angle on the investment thesis around Joby. Some of these are certification, commercial launch, aircraft p...
peepo/E+ via Getty Images Joby Aviation ( JOBY ) should not be valued on 2026 revenue estimates , which are small and mostly transitional, deriving from Blade and some early service activity. In 2026, we will not be seeing the real revenue drivers, which, while speculative, offer a far better angle on the investment thesis around Joby. Some of these are certification, commercial launch, aircraft production, infrastructure, and demand. On its future potential basis, I rate Joby a speculative Buy. High current multiples Author These are the high forward EV/sales multiples you get if you use 2026 estimates. But Joby is still moving from aircraft development into actual operations, so the current revenue base isn’t anything more than a bridge. Joby is not cheap against 2026 sales, but that is hardly a debate. The question is whether Joby can successfully navigate the hurdles ahead of it before it starts generating revenue from its core business. So how should we explain the high multiples? We can, if we assume that the market is paying for potential, not actual revenue. Joby could become one of the first truly commercialized eVTOL businesses in the next 3-4 years. This is what the market is paying for. The Dubai Test Dubai is the first market where Joby’s air taxi story will be actually demonstrated. Dubai may also be where it will see its first rollout. Dubai is important because of the following factors, which demonstrate Joby’s future as a commercial eVTOL business: Author The exclusivity and the agreement give them some competitive advantage in the early days. Dubai has built some of the required infrastructure. The airport-to-Palm Jumeirah route is an important route because it will have customers able to pay for a premium service. The Dubai vertiports—one already built, one nearing completion—are important for the business. DXV will have the ability to support 10 aircraft landings per hour and 170k passengers annually. These are not large figures, but they show th...
Europe has responded to President Donald Trump’s demands to pay more for defense, a top NATO military official said Saturday, adding that the relationship with the Pentagon is stable and free of “drama.” Giuseppe Cavo Dragone, chair of NATO’s Military Committee, spoke with Haslinda Amin at the Shangri-La Dialogue, Asia’s premier defense summit. (Source: Bloomberg)
Europe has responded to President Donald Trump’s demands to pay more for defense, a top NATO military official said Saturday, adding that the relationship with the Pentagon is stable and free of “drama.” Giuseppe Cavo Dragone, chair of NATO’s Military Committee, spoke with Haslinda Amin at the Shangri-La Dialogue, Asia’s premier defense summit. (Source: Bloomberg)
There is a good deal more to the rapid rise in bond yields around the world, not least in Asia, than meets the eye. It suggests a recognition by financial markets that governments are spending beyond their means, tax revenues and borrowing power. The implication is that either taxes need to rise or public spending needs to fall, or alternatively that financial markets, stock markets in particular,...
There is a good deal more to the rapid rise in bond yields around the world, not least in Asia, than meets the eye. It suggests a recognition by financial markets that governments are spending beyond their means, tax revenues and borrowing power. The implication is that either taxes need to rise or public spending needs to fall, or alternatively that financial markets, stock markets in particular, must shift their priorities away from glamour stocks in the tech and artificial intelligence (AI)...
SpaceX is expected to go public in June in what will be the biggest initial public offering (IPO) ever on the stock market. The company is looking to raise about $75 billion, according to recent reports, and debut on the stock market with a valuation of nearly $2 trillion. That would put it in the top-10 most valuable companies if it were public today, and it would be even more valuable than Elon ...
SpaceX is expected to go public in June in what will be the biggest initial public offering (IPO) ever on the stock market. The company is looking to raise about $75 billion, according to recent reports, and debut on the stock market with a valuation of nearly $2 trillion. That would put it in the top-10 most valuable companies if it were public today, and it would be even more valuable than Elon Musk's other company , Tesla (NASDAQ: TSLA) , which is worth $1.6 trillion today. The investing community is psyched for the IPO and for the opportunity to be a part of Musk's vision for space travel and living. But that may not be what this stock is really all about. Continue reading