Key Points Energy Transfer is poised to be an AI data center winner. Enterprise Products Partners has been the most consistent pipeline stock over the years. 10 stocks we like better than Energy Transfer › If you're looking for some high-yield stock you can hold for a long time, say, like 20 years, look no further than the energy midstream space. I've held shares (technically units) of both Energy...
Key Points Energy Transfer is poised to be an AI data center winner. Enterprise Products Partners has been the most consistent pipeline stock over the years. 10 stocks we like better than Energy Transfer › If you're looking for some high-yield stock you can hold for a long time, say, like 20 years, look no further than the energy midstream space. I've held shares (technically units) of both Energy Transfer (NYSE: ET) and Enterprise Products Partners (NYSE: EPD) for more than a decade, and I can see holding them for another 20 years. Both are midstream companies structured as master limited partnerships (MLPs). While this comes with a little added paperwork come tax time, MLPs have the added advantage that much of their distributions are treated as return of capital and are thus tax-deferred until you sell the units. So instead of paying taxes on the distribution, they reduce your cost basis. MLPs are pass-through entities that aren't taxed at the corporate level, so they generally pay handsome distributions that they continually look to increase. Meanwhile, the pipeline businesses that are the core of their operations act as energy toll roads and generate very steady, visible cash flow. This, along with the preferred tax treatment, makes them great stocks to own for the very long haul. 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 » Let's dig deeper into why Energy Transfer and Enterprise are two of my favorite midstream MLPs. Energy Transfer Energy Transfer operates one of the largest and most diversified midstream operations in North America. The company is well-positioned in the Permian Basin, the most prolific oil basin in the U.S., and home to some of the lowest-cost natural gas. With natural gas demand booming as energy needs increase, especially with the rise of artificial intelligence (AI)...
MMT Vs Austrian Economics: Deficits, War, & Markets The Keynesian-Austrian debate has raged for over a century. Questions of deficits, taxes, money printing , and their impact on inflation are at the center of the disagreement. War breaking out in the Middle East means we will see more of these three inputs, so how will they show up as inflation: in assets, consumer goods, everywhere? Tonight, two...
MMT Vs Austrian Economics: Deficits, War, & Markets The Keynesian-Austrian debate has raged for over a century. Questions of deficits, taxes, money printing , and their impact on inflation are at the center of the disagreement. War breaking out in the Middle East means we will see more of these three inputs, so how will they show up as inflation: in assets, consumer goods, everywhere? Tonight, two opposing economists will answer those questions and how these macro trends are likely to impact markets. On one side is Bard College professor Randall Wray, a leading advocate of Modern Monetary Theory (MMT) . Opposing him is Robert Murphy, senior fellow of the Mises Institute , representing the Austrian school. The discussion will be moderated by Kevin Muir, author of the widely read Macro Tourist newsletter . Join us on the ZeroHedge X feed or YouTube channel at 7pm ET tonight to watch the showdown. Deficits: Constraint Or Illusion? Wray and MMT-schoolers argue that for a sovereign currency issuer, deficits are not inherently problematic but instead a necessary tool to support demand, employment, and financial stability. Murphy and the Austrians conversely believe that deficits, particularly when monetized via the printing press, have all sorts of negative effects: Distort price signals Crowd out productive investment (by offering high-interest risk-free government bonds to wealthy investors that might otherwise loan to a business). Lead to economic imbalances that must be corrected Those “corrections”, often in the form of painful recessions, are what the Keynesians (and today’s MMTers) try very hard to avoid. But can we kick the can down the road indefinitely? With the national debt now reaching $39 trillion. The inflation debate remains unresolved as well. MMT proponents tend to frame inflation as the only real constraint and one that should be managed through taxation and policy calibration. From the Austrian perspective, central planning does not work. Inflation can...
JHVEPhoto Guggenheim started coverage of Automatic Data Processing ( ADP ) with a Buy rating, arguing that its scale and its diversification give it competitive advantages. ADP stock rose 1.3% in late morning trading on Thursday. The stock has underperformed the S&P 500 on fears that AI will replace workers and directly impact headcount-based software vendors. "However, we think this fear is overb...
JHVEPhoto Guggenheim started coverage of Automatic Data Processing ( ADP ) with a Buy rating, arguing that its scale and its diversification give it competitive advantages. ADP stock rose 1.3% in late morning trading on Thursday. The stock has underperformed the S&P 500 on fears that AI will replace workers and directly impact headcount-based software vendors. "However, we think this fear is overblown in this case since payroll demands deterministic outcomes, which AI cannot provide, and ADP's compliance infrastructure, shared risk model, and revenue diversification beyond headcount create meaningful insulation," analyst Jacob Smith wrote in a note to clients. He argued that "payroll requires deterministic outcomes, whereas AI produces probabilistic ones." Other advantages include ADP's 1.1M customers in the U.S., its compliance infrastructure spanning 12,000 tax jurisdictions, and its "last-mile ecosystem" that integrates with 8,000 banks and tax authorities worldwide, he said. Furthermore, the analyst sees ADP's launch of Lyric HCM as a strategic expansion opportunity into the large enterprise HCM market, challenging Workday ( WDAY ), SAP ( SAP ), and Oracle ( ORCL ) Guggenheim sets a $270 price target. The Buy rating on ADP ( ADP ) contrasts with the SA Quant rating and the average Wall Street rating , both at Hold, and aligns with the average SA Analyst rating of Buy. More on Automatic Data Processing Automatic Data Processing: An Undervalued Dividend King With Strong Growth Automatic Data Processing: A Deep Value Dividend King To Buy Now Automatic Data Processing: Still Expensive Given Macro Headwinds ADP raises 2026 adjusted EPS growth outlook to 9%-10% with expanded share repurchase and strong product traction ADP boosts guidance after Q2 earnings, revenue beat on strong Employer Services performance
Red Cat Holdings (RCAT 14.94%) stock crashed 17.8% through 10:40 a.m. ET Thursday after reporting mixed earnings last night. Analysts expected the company, which makes military drones, to lose $0.14 per share in Q4. Sales were supposed to be $20.9 million, and Red Cat shredded the sales forecast with revenue of $26.2 million. But its quarterly loss topped $0.17 per share -- three cents worse than ...
Red Cat Holdings (RCAT 14.94%) stock crashed 17.8% through 10:40 a.m. ET Thursday after reporting mixed earnings last night. Analysts expected the company, which makes military drones, to lose $0.14 per share in Q4. Sales were supposed to be $20.9 million, and Red Cat shredded the sales forecast with revenue of $26.2 million. But its quarterly loss topped $0.17 per share -- three cents worse than forecast. Red Cat Q4 earnings The news wasn't all bad. Starting with the sales beat, Red Cat grew quarterly sales nearly 2,000% year over year, and wrapped up its fiscal 2025 with 160% sales growth. It cut its quarterly loss in half and slimmed its year-end losses as well. Still, it's costing Red Cat nearly as much to build its drones as it's able to sell them for. 2025 revenue was $40.7 million. 2025 cost of goods sold was $39.4 million. So the company did earn gross profits. But after deducting operating expenses (research and development and selling, general, and administrative expenses, for example), the company ended with a $0.73 per share loss for the year. Expand NASDAQ : RCAT Red Cat Today's Change ( -14.94 %) $ -2.54 Current Price $ 14.46 Key Data Points Market Cap $2.0B Day's Range $ 13.96 - $ 16.39 52wk Range $ 4.60 - $ 18.78 Volume 13M Avg Vol 15M What's next for Red Cat stock? As the company heads into 2026, Red Cat CEO Jeff Thompson is optimistic that the sales growth, at least, will continue. The company has "strong momentum" and is winning contracts -- Black Widow drones for at least two customers in Asia were cited. It's partnering with rival AeroVironment (AVAV 4.27%) so that their respective drone products can operate together within a given military system. And Red Cat is expanding production to support its growing sales, increasing total production space to 254,000 sq. ft. We just don't know yet at what point production scale will allow Red Cat to pivot from losing money... to earning profit.
Key Points Red Cat beat on sales but missed on earnings last night. Red Cat is winning contracts, growing production -- and losing a lot of money. 10 stocks we like better than Red Cat › Red Cat Holdings (NASDAQ: RCAT) stock crashed 17.8% through 10:40 a.m. ET Thursday after reporting mixed earnings last night. Analysts expected the company, which makes military drones, to lose $0.14 per share in ...
Key Points Red Cat beat on sales but missed on earnings last night. Red Cat is winning contracts, growing production -- and losing a lot of money. 10 stocks we like better than Red Cat › Red Cat Holdings (NASDAQ: RCAT) stock crashed 17.8% through 10:40 a.m. ET Thursday after reporting mixed earnings last night. Analysts expected the company, which makes military drones, to lose $0.14 per share in Q4. Sales were supposed to be $20.9 million, and Red Cat shredded the sales forecast with revenue of $26.2 million. But its quarterly loss topped $0.17 per share -- three cents worse than forecast. 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 » Red Cat Q4 earnings The news wasn't all bad. Starting with the sales beat, Red Cat grew quarterly sales nearly 2,000% year over year, and wrapped up its fiscal 2025 with 160% sales growth. It cut its quarterly loss in half and slimmed its year-end losses as well. Still, it's costing Red Cat nearly as much to build its drones as it's able to sell them for. 2025 revenue was $40.7 million. 2025 cost of goods sold was $39.4 million. So the company did earn gross profits. But after deducting operating expenses (research and development and selling, general, and administrative expenses, for example), the company ended with a $0.73 per share loss for the year. What's next for Red Cat stock? As the company heads into 2026, Red Cat CEO Jeff Thompson is optimistic that the sales growth, at least, will continue. The company has "strong momentum" and is winning contracts -- Black Widow drones for at least two customers in Asia were cited. It's partnering with rival AeroVironment (NASDAQ: AVAV) so that their respective drone products can operate together within a given military system. And Red Cat is expanding production to support its growing sales, increasing total productio...
Liam Rosenior has revealed that Chelsea have found the mole leaking team news. The starting XI was published by French media before the first leg of their Champions League last-16 tie against Paris Saint-Germain. A week later, it also emerged before kick-off that Wesley Fofana was not in the lineup and that Trevoh Chalobah and Jorrel Hato were at centre-back. “We know [who it is],” Rosenior said. ...
Liam Rosenior has revealed that Chelsea have found the mole leaking team news. The starting XI was published by French media before the first leg of their Champions League last-16 tie against Paris Saint-Germain. A week later, it also emerged before kick-off that Wesley Fofana was not in the lineup and that Trevoh Chalobah and Jorrel Hato were at centre-back. “We know [who it is],” Rosenior said. “And it’s not come from any place of malicious intent to me or the team. We know where it’s come from and we’ve dealt with the situation.” Rosenior did not elaborate but it is understood that the information did not come from a player or staff member. Chelsea were thrashed 8-2 across the two legs and after the match Enzo Fernández said he was unsure whether he would stay at the club beyond the summer. Asked by ESPN Argentina whether he would be at the club next season, the midfielder said: “I don’t know, there are eight games left and the FA Cup. There’s the World Cup and then we’ll see.” Rosenior said he had a conversation “at length” with the 25-year-old before training on Thursday. “Not just about his comments, just how he was feeling, how as a team we can improve. He’s one of the captains of the club. “What I would say is he made it really clear to me how happy he is here at this club, how much he wants to win, how passionate he is to be successful. And he also said that in translation and in emotion things get misconstrued in what he said. For me he’s fully committed to this group, he’s fully committed to win here.” Chalobah was carried off on a stretcher against PSG and Rosenior said the defender would be out for about six weeks. The head coach had feared a longer absence when Chalobah shared a picture on Instagram of his ankle twisted nearly 180 degrees. “You’re really, really worried the next day,” Rosenior said. “Obviously, it’s never good that Trevor is out for any period of time but fortunately it’s nowhere near as serious as we first feared. It’s still a serious...
Michael M. Santiago/Getty Images News Goldman Sachs Group ( GS ), JPMorgan Chase ( JPM ), and Bank of America ( BAC ) are said to be among the investment banks that offer hedge funds a way to bet against the private credit market. Private credit is seeing an ongoing crisis , with several companies curbing withdrawals from their private credit funds. The investment banks have assembled baskets of l...
Michael M. Santiago/Getty Images News Goldman Sachs Group ( GS ), JPMorgan Chase ( JPM ), and Bank of America ( BAC ) are said to be among the investment banks that offer hedge funds a way to bet against the private credit market. Private credit is seeing an ongoing crisis , with several companies curbing withdrawals from their private credit funds. The investment banks have assembled baskets of listed companies with exposure to the $1.8 trillion private credit market, people with knowledge of the matter told Bloomberg News. Goldman has indexes that focus on European financial institutions with private credit exposure, a group of business development companies, and alternative managers. JPMorgan's basket includes alternative managers and BDCs, according to the people who did not wish to be identified discussing bespoke product offerings. Bank of America reportedly had a basket of European financial firms with exposure to private credit. More on related tickers JPMorgan Chase: Hold On Mixed Signals JPMorgan Chase: I'm Starting To Get Interested Under $300 With The Dividend Yield Above 2% Bank of America Corporation (BAC) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript Federal Reserve formally proposes new bank capital, G-SIB rules JPMorgan Chase signs Tom Brady, Dwayne Wade to advise its money managers on athletes
Italian billionaire Andrea Pignataro ’s fintech conglomerate has snapped up its own bonds at discount as short sellers pile on bets against its debt amid concerns over the future of the software sector. ION Group has been ramping up purchases of the beaten down debt over the past two months, according to people with familiar with the matter. The group initially began picking up bonds at a discount...
Italian billionaire Andrea Pignataro ’s fintech conglomerate has snapped up its own bonds at discount as short sellers pile on bets against its debt amid concerns over the future of the software sector. ION Group has been ramping up purchases of the beaten down debt over the past two months, according to people with familiar with the matter. The group initially began picking up bonds at a discount in late 2025, the people said. A note from ION Platform — one of the company’s operating units — currently stands at around 93 cents on the euro, according to data compiled by Bloomberg, a marked recovery from a record low of 88 cents on Feb. 16. The bond, due in 2029, had been as high as 103 cents at the end of January, the data show. About 18% of ION Platform’s 2029 bond is on loan to short sellers, according to S&P Global Market Intelligence as of March 9, a sign that a significant portion of the market is actively betting that the debt will drop further in value. Short interest on two longer-dated euro notes is roughly 13%. Buybacks allow ION to retire debt below par while also supporting secondary market prices. The company has done this before, purchasing several hundred million euros of its own notes during the Covid-19 pandemic, when some of its bonds dropped to 60 cents, a separate person familiar with the matter said. With bonds priced between 80 and 95 cents, the company is now being selective about which bonds to buy, the person said. A spokesperson for ION declined to comment. The company has been caught up in the broader selloff hitting software firms, driven by investor unease that advances in AI threaten to render some parts of the sector obsolete. Bonds and loans of enterprise software companies including McAfee Corp. and Proofoint Inc. also fell earlier this year amid investors’ concerns. Pignataro pushed back on those fears last month, arguing that investors were “panicking about the wrong thing.” Deeply embedded enterprise software like ION’s is far har...
ipopba/iStock via Getty Images Shares of HeartFlow, Inc. ( HTFL ) have recovered to levels in the mid-twenties following a solid end to the year 2025, as the company provided guidance for 2026 that pleased investors. While growth rates are set to come down dramatically, the market seems to read the guidance as a conservative one. Investors are pleased about the adoption of new application groups, ...
ipopba/iStock via Getty Images Shares of HeartFlow, Inc. ( HTFL ) have recovered to levels in the mid-twenties following a solid end to the year 2025, as the company provided guidance for 2026 that pleased investors. While growth rates are set to come down dramatically, the market seems to read the guidance as a conservative one. Investors are pleased about the adoption of new application groups, as well as prospects for gross margin gains, having the potential to deliver on greater operating leverage down the road. Other, higher conviction ideas, including the areas of technology and medical applications, can be found at Value In Corporate Events . Maintaining Growth HearthFlow reported both full-year and fourth quarter sales growth of 40% for the year 2025. This means that full-year sales surpassed $176 million, as fourth-quarter revenues of $49 million reveal a run rate near $200 million. The company reported a full-year operating loss of $64 million, up minimally from the year before, indicating some relative progress on the margin front. The same goes for fourth-quarter losses of $17.5 million, trending around $70 million each year, equal to about 35% of sales. Adjusted metrics, such as an adjusted EBITDA loss of $44.7 million, improved by a million compared to 2024. These revenues were generated from an installed base of 1,465 accounts after 340 accounts were added during the year. For the year 2026, the company guided for about 25% growth, seeing revenues to come in between $218 and $222 million. No overall margin guidance has been provided, apart from gross margins, which are seen at 80-81%, compared to 77% reported in 2025. While the losses likely remain substantial, fortunately, the company has a net cash position of around $280 million, as I would expect losses to come in a bit in the coming year. With some 85 million shares outstanding, these shares trading at $25, the market value of the firm stands at just over $2.1 billion, or just under $1.9 billion ...
Interim Tottenham manager Igor Tudor has been charged with misconduct over his claim that referee Thomas Bramall favoured the "home team" in Spurs' 2-1 Premier League loss at Fulham. Tudor hit out after his relegation-threatened side were beaten on 1 March, saying Bramall "doesn't understand football". The Croat had been angered by the Cottagers' first goal, which he believed happened because of a...
Interim Tottenham manager Igor Tudor has been charged with misconduct over his claim that referee Thomas Bramall favoured the "home team" in Spurs' 2-1 Premier League loss at Fulham. Tudor hit out after his relegation-threatened side were beaten on 1 March, saying Bramall "doesn't understand football". The Croat had been angered by the Cottagers' first goal, which he believed happened because of a push by Raul Jimenez on Radu Dragusin before Harry Wilson put the ball into the net. Speaking to the BBC after the match, Tudor said: "I didn't like the referee today, too much of a home team referee. I didn't feel well with him. "All the decisions were on their side. He doesn't understand football, the feeling of what is wrong and what is right. "He [Jimenez] was not thinking about the ball, he was thinking how to cheat, he cheated the player, was pushing, it was cheating and it's a foul. Ninety-nine of 100 people will say it's a foul, it's so obvious." The Football Association said Tudor "allegedly acted in an improper manner during a post-match interview by making comments that imply bias and/or question integrity and/or are personally offensive in relation to a match official". Spurs and the 47-year-old have until Monday to reply to the charge.
Vanguard Global ex-U.S. Real Estate ETF (VNQI 1.07%) and Vanguard Real Estate ETF (VNQ 0.32%) share similar costs and risk levels, but VNQI delivers a higher yield and global diversification, while VNQ stands out for its massive assets under management and superior five-year total return. Both Vanguard funds give investors access to real estate equities, but they focus on different geographies: VN...
Vanguard Global ex-U.S. Real Estate ETF (VNQI 1.07%) and Vanguard Real Estate ETF (VNQ 0.32%) share similar costs and risk levels, but VNQI delivers a higher yield and global diversification, while VNQ stands out for its massive assets under management and superior five-year total return. Both Vanguard funds give investors access to real estate equities, but they focus on different geographies: VNQI provides exposure to non-U.S. property markets, while VNQ targets U.S.-listed real estate investment trusts (REITs). This comparison examines cost, yield, performance, risk, sector makeup, and practical differences to help clarify which may better fit a portfolio seeking real estate diversification. Snapshot (cost & size) Metric VNQI VNQ Issuer Vanguard Vanguard Expense ratio 0.12% 0.13% 1-yr return (as of 2026-03-16) 11.7% 1.3% Dividend yield 4.6% 3.7% Beta 0.71 1.02 AUM $4.2 billion $69.6 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. VNQI and VNQ are nearly identical on fees, with VNQI a hair more affordable, but VNQI also delivers a higher dividend yield, which may appeal to those seeking income from global real estate. Performance & risk comparison Metric VNQI VNQ Max drawdown (5 y) -35.76% -34.48% Growth of $1,000 over 5 years $817 $1,003 What's inside VNQ invests in 158 U.S.-listed REITs, with a portfolio heavily concentrated in real estate (98%), and small allocations to communication services and technology. Top holdings include Welltower Inc(WELL +0.21%), Prologis Inc(PLD 0.77%), and Equinix Inc(EQIX 0.84%), and the fund has a long track record at 21.5 years. This focus may suit investors looking for exposure to the U.S. property market, with the added reassurance of deep liquidity and scale. By contrast, VNQI spans more than 30 non-U.S. countries and has 682 holdings, offering a mix of real estate (80%), cash and other assets...
The latest Senza mini PC features the same passive cooling system design from the original model, but adds a detachable front port panel and two more heatpipes. Other outstanding features include 32 GB LPDDR5X-8000 RAM, a 1 TB PCIe 4.0 SSD, 2x USB4 and Wi-Fi 7 connectivity. 4 Reviews ← exclude selected types ← exclude selected tags Arctic is updating its Senza lineup with a new under-desk mini PC ...
The latest Senza mini PC features the same passive cooling system design from the original model, but adds a detachable front port panel and two more heatpipes. Other outstanding features include 32 GB LPDDR5X-8000 RAM, a 1 TB PCIe 4.0 SSD, 2x USB4 and Wi-Fi 7 connectivity. 4 Reviews ← exclude selected types ← exclude selected tags Arctic is updating its Senza lineup with a new under-desk mini PC model powered by AMD’s Ryzen AI 9 HX 370 APU. As with the first model that was powered by a Ryzen 7 5700G APU, the latest Senza mini PC chassis features a central rectangular case that houses the motherboard and all the components, as well as two radiator sections extending on each side of the main case, which help with the passive cooling system. Together with a front panel port extender and the external power supply, the whole ensemble can be attached under the table with a special mounting system. The 12-core / 24-thread Ryzen AI 9 HX 370 processor with Zen 5 architecture also integrates the Radeon 890M GPU and a Copilot+-compatible NPU that adds 50 TOPS of compute power. Complementing the APU are 32 GB LPDDR5X-800 RAM and a 1 TB PCIe 4.0 NVMe SSD. Port selection is extensive with 2x USB4, 3x USB 3.2 Gen 2 and 2x USB 2.0 connectors, HDMI 2.1 + DP 2.0 video outs, 2.5 GbE jack and audio in/out jack plus an audio combo jack on the port extender. Wireless connectivity is provided with a Wi-Fi 7 + BT 5.4 card. Compared to the previous model powered by the Ryzen 7 5700G, the new Senza silent mini PC is said to be 50% faster in Cinebench R23, while the iGPU is advertised to be 2.25X faster in 3DMark Time Spy. Moreover, Arctic claims that their Ryzen AI 9 HX 370 implementation is around 7% faster than competitor models, presumably through maximizing the TDP. Even with the higher power consumption, the elaborate passive cooling system integrating 8 heatpipes maintains the APU temperature 17 C cooler compared to the competition. The Senza AI 370 is available now for €1,199.99 incl...
SoFi (NASDAQ: SOFI) was hit with a short report earlier this week, which sent the stock lower temporarily. But for long-term investors, the important thing to consider is how the company and its management reacted. CEO Anthony Noto bought shares on the open market within hours, and after digging through the details, it looks like short sellers themselves may have simply been making a short-term tr...
SoFi (NASDAQ: SOFI) was hit with a short report earlier this week, which sent the stock lower temporarily. But for long-term investors, the important thing to consider is how the company and its management reacted. CEO Anthony Noto bought shares on the open market within hours, and after digging through the details, it looks like short sellers themselves may have simply been making a short-term trade. In this video, I cover everything you need to know. *Stock prices used were end-of-day prices of March 18, 2026. The video was published on March 19, 2026. Continue reading
SimonSkafar/E+ via Getty Images Shares of chemical crop protection supplier FMC Corporation ( FMC ) have lost 3.1% since my last report , which comes on top of the 50% share price decline following the impairment on the assets in India which also triggered a cut to the dividend. During the JPMorgan Industrial Conference 2026 , the CEO of FMC Corporation shared that the company was considering seve...
SimonSkafar/E+ via Getty Images Shares of chemical crop protection supplier FMC Corporation ( FMC ) have lost 3.1% since my last report , which comes on top of the 50% share price decline following the impairment on the assets in India which also triggered a cut to the dividend. During the JPMorgan Industrial Conference 2026 , the CEO of FMC Corporation shared that the company was considering several strategic paths. One of those is a sale of the entire company. In this report, I discuss how FMC Corporation got itself into the position it is in today, the current market environment and I assess what a fair buyout offer would look like in my view. FMC Misunderstood A Big Agricultural Market The main reason why FMC’s share prices have fallen as much as they did centers on their business in India. FMC entered the Indian market in 2017 when it acquired a significant portion of DuPont’s crop protection business. Through that acquisition the company gained commercial operations in India, a local product portfolio, distribution networks, manufacturing and R&D facilities and most importantly market access. Globally, the population is growing and with limited cropland available there is a yield improvement required that can partially be realized through the use of crop protection chemicals. As the country with the largest population in the world, India looks like a very attractive market. After all, whether the economy is growing or not people, need to eat. With the economy growing, welfare is growing, and that would drive demand for food and food security. It could subsequently also lead to farmers having funds available to purchase yield enhancing crop protection chemicals and particularly the more premium products as offered by FMC. FMC’s strength is patented high-performance chemistry, which it sells at a premium price to ROI-driven customers. Being able to explain why a premium is charged requires a centralized distribution channel, especially for a huge market as India...
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. At Westrock Coffee, a filing with the SEC revealed that on Tuesday, Director Joe T. Ford purchased 55,000 shares of WEST, at a cost of $4.60 each, for a total investment of $253,000. Westrock Coffee is trad...
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. At Westrock Coffee, a filing with the SEC revealed that on Tuesday, Director Joe T. Ford purchased 55,000 shares of WEST, at a cost of $4.60 each, for a total investment of $253,000. Westrock Coffee is trading down about 2% on the day Thursday. Before this latest buy, Ford bought WEST at 6 other times during the past year, for a total cost of $1.25M at an average of $6.27 per share. And also on Tuesday, CEO Frank B. Holding Jr. bought $230,950 worth of First Citizens BancShares, buying 149 shares at a cost of $1550.00 a piece. Before this latest buy, Holding Jr. purchased FCNCA at 3 other times during the past twelve months, for a total investment of $1.96M at an average of $1657.18 per share. First Citizens BancShares is trading up about 2% on the day Thursday. Holding Jr. was up about 17.1% on the purchase at the high point of today's trading session, with FCNCA trading as high as $1815.33 in trading on Thursday. VIDEO: Thursday 3/19 Insider Buying Report: WEST, FCNCA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.