Andrzej Rostek/iStock via Getty Images Introduction CareTrust REIT ( CTRE ) is a REIT I've been bullish on for the past few years. Even in the high-interest-rate environment, CTRE has continued to outperform. And their forward multiple is a direct reflection of their performance. As a result, upside may be minimal, and this is the reason I'm downgrading the stock from buy to hold. However, lower i...
Andrzej Rostek/iStock via Getty Images Introduction CareTrust REIT ( CTRE ) is a REIT I've been bullish on for the past few years. Even in the high-interest-rate environment, CTRE has continued to outperform. And their forward multiple is a direct reflection of their performance. As a result, upside may be minimal, and this is the reason I'm downgrading the stock from buy to hold. However, lower interest rates could provide tailwinds, leading to accelerated investment activity in 2026 and beyond. And this could push the stock price higher. In their latest quarter, CTRE ended the year with double-digit increases in their top and bottom lines. In this article, I discuss their latest earnings, 2026 outlook, and why I'm downgrading shares from a buy to a hold. Previous Buy Thesis I last covered CareTrust REIT this past December in an article titled: The REIT That's Outperforming the S&P. At the time, CTRE had managed to outperform the S&P in the past 1, 3, 5, and 10 years in total returns, debunking the myth that REITs were chronic underperformers. Since then, CTRE has continued to see price appreciation, up more than 5%, in comparison to the S&P ( SP500 ), down a little over 1% at the time of writing. Seeking Alpha During that time, CareTrust REIT appeared overvalued as they sat well above their normal multiple. As a result, I suggested investors look for a pullback in the stock around $32 or below for a margin of safety. But because of their performance and higher growth, I agreed with Wall Street analysts and thought the stock could see more upside closer to their price target of $39.55. I assumed the REIT could trade anywhere between 18x and 20x earnings going forward. Another Record Year CareTrust REIT reported Q4 earnings with FFO in line with analysts' estimates and a beat on revenue. FFO amounted to $0.47, while revenue of $134.86 million beat by $4.41 million. Although FFO was in line, CTRE's performance was impressive as the REIT saw strong growth from the yea...
AMC Robotics ( AMCI ) shares fell over 5% premarket on Friday after the robotics solutions provider announced a strategic collaboration with HIVE Digital Technologies ( HIVE ) to advance next-generation AI-driven robotics applications and scalable infrastructure capabilities. Through this collaboration, AMC Robotics has begun utilizing HIVE’s GPU AI compute infrastructure and related services to s...
AMC Robotics ( AMCI ) shares fell over 5% premarket on Friday after the robotics solutions provider announced a strategic collaboration with HIVE Digital Technologies ( HIVE ) to advance next-generation AI-driven robotics applications and scalable infrastructure capabilities. Through this collaboration, AMC Robotics has begun utilizing HIVE’s GPU AI compute infrastructure and related services to support its expanding development, testing, and deployment needs. In parallel, the two companies are actively exploring broader areas of cooperation, including potential collaboration across AI optimization, data processing, and infrastructure scalability to support future product initiatives. The companies emphasized that the collaboration is expected to evolve over time as HIVE scales its global infrastructure and AMC Robotics moves toward production deployment. Any future arrangements would be subject to further evaluation and mutually agreed terms. HIVE +3.8% premarket to $2.16 Source: Press Release More on HIVE Digital Technologies Ltd., AMC Robotics Corporation HIVE Digital: A Re-Rating Waiting To Happen HIVE Digital Technologies Ltd. (HIVE:CA) Q3 2026 Earnings Call Transcript HIVE Digital Looks Cheap Now, But Bitcoin Cyclicality Still Dominates HIVE Digital Technologies reports Q3 results HIVE Digital’s December bitcoin production nearly tripled Y/Y
JHVEPhoto/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Adobe ( ADBE ) slips despite record Q1 results; long-time CEO reveals plan to step down. (00:13) U.S. grants 30-day waiver for purchases of Russian oil stranded at sea. (01:22) Meta Platforms ( META ) delays rollout of new AI model ‘Avocado’ amid performance concerns, NYT reports. (02:34) This is a...
JHVEPhoto/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Adobe ( ADBE ) slips despite record Q1 results; long-time CEO reveals plan to step down. (00:13) U.S. grants 30-day waiver for purchases of Russian oil stranded at sea. (01:22) Meta Platforms ( META ) delays rollout of new AI model ‘Avocado’ amid performance concerns, NYT reports. (02:34) This is an abridged transcript. Adobe ( ADBE ) is down 9% in premarket action after reporting its first quarter fiscal 2026 financial results. Adobe also revealed that its CEO Shantanu Narayen plans to step down after 18 years . For the quarter ended February 27, Adobe reported adjusted earnings per share of $6.06 versus the consensus estimate of $5.87. Revenue for the first quarter increased 12% year over year to $6.4B, which was more than the $6.28B consensus. Looking ahead, Adobe expects second-quarter revenue to range from $6.43B to $6.48B, with a midpoint of $6.455B, which is more than the $6.43B consensus. The company expects adjusted EPS to range from $5.80 to $5.85 versus the $5.68 estimate. Narayen plans to remain as CEO until a successor has been appointed. He will retain his position as chair of the board. The United States has issued a 30-day waiver allowing countries to purchase sanctioned Russian oil and petroleum products already stranded at sea, expanding a temporary exemption granted last week to India alone. The move aims to ease pressure on global oil prices as the war in the Middle East continues. The waiver makes Russian crude and fuel aboard about 30 tankers in Asian waters potentially available for purchase, provided the cargoes were already at sea when the exemption was granted. According to ship-tracking data compiled by Bloomberg, the vessels are carrying at least 19M barrels of Russian crude and about 310,000 tons of refined products. The U.S. has taken several steps to curb surging crude and fuel prices since strikes on Iran began two weeks ago. These inc...
Khosrork Lucid Group (LICD) issued several key announcements at its Investor Day event. The electric vehicle maker highlighted that its upcoming midsize platform will underpin three new electric vehicles aimed at the core of the electric vehicle market, with a starting price around $50K to compete directly with Tesla's ( TSLA ) Model 3 and Model Y and other mass-market EV offerings. Management als...
Khosrork Lucid Group (LICD) issued several key announcements at its Investor Day event. The electric vehicle maker highlighted that its upcoming midsize platform will underpin three new electric vehicles aimed at the core of the electric vehicle market, with a starting price around $50K to compete directly with Tesla's ( TSLA ) Model 3 and Model Y and other mass-market EV offerings. Management also said it sees a path to being cash flow positive by the late decade. RBC Capital analyst Tom Narayan said the firm likes the general direction that Lucid ( LCID ) is now taking. "On the positive side, we applaud Lucid for its ambitious midsize program. It is smart to target the meat of the US auto market, where brand recognition is less important," he updated. "We think a key obstacle Lucid has had in selling its premium vehicles is that it is an unknown brand going up against the likes of Porsche and Mercedes," he added. Lucid ( LCID ) up against the Tesla ( TSLA ) Model Y and the Toyota ( TM ) RAV4 4 is seen as making more sense, especially if the car can boast better battery range relative to price. The firm has a Sector Perform rating on Lucid ( LCID ). Morgan Stanley analyst Andrew Percoco said Lucid's ( LCID ) innovative midsize platform supports scaling to being free cash flow positive, aided by autonomy partnerships that expand the brand and diversify revenue. "However, weak EV demand and execution risk in a competitive market could challenge the near-term cash flow outlook," he warned. The firm kept an Underweight rating in place. Shares of Lucid ( LCID ) rose 1.1% in premarket trading on Friday after shedding 7.9% on Thursday. More on Lucid Lucid Group, Inc. (LCID) Analyst/Investor Day - Slideshow Lucid Group, Inc. (LCID) Presents at 2026 Cantor Global Technology & Industrial Growth Conference Transcript Lucid Group, Inc. (LCID) Q4 2025 Earnings Call Transcript Lucid sees a future with a robotaxi business and a thriving mid-size EV platform Lucid's Investor Day e...
Investors have widespread fears that AI will disrupt the software industry, and many stocks have been beaten down as a result. But one in particular I believe will be just fine is Unity Software (NYSE: U), and here's why I think it could be a bargain right now.
Investors have widespread fears that AI will disrupt the software industry, and many stocks have been beaten down as a result. But one in particular I believe will be just fine is Unity Software (NYSE: U), and here's why I think it could be a bargain right now.
Sundry Photography/iStock Editorial via Getty Images It wouldn't be an understatement to say that within a few short months, 2026 has already turned the tables on investing in the tech sector. AI quickly went from being a major tailwind lifting software stocks to the main negative catalyst that is dragging stocks down. SoundHound AI ( SOUN ), the conversational voice AI company, has been particula...
Sundry Photography/iStock Editorial via Getty Images It wouldn't be an understatement to say that within a few short months, 2026 has already turned the tables on investing in the tech sector. AI quickly went from being a major tailwind lifting software stocks to the main negative catalyst that is dragging stocks down. SoundHound AI ( SOUN ), the conversational voice AI company, has been particularly hard hit. (The "AI" phrase in a company name used to lift share valuations, and now it's producing the opposite effect.) Shares are down ~30% since the start of January alone and have lost nearly two-thirds relative to all-time highs above $20 notched last October. The question for investors now is, is SoundHound oversold, or is the stock merely giving up AI valuation hype that it couldn't justify in the first place? Data by YCharts I last wrote a sell article on SoundHound in November, when the stock was trading just shy of $12 per share. At the time, AI hype was still vibrant, and I posited that valuations were overdue for a correction. Now that SoundHound has slipped well below the $10 threshold, the stock warrants a fresh look. What I am optimistic about with SoundHound is the fact that the company has, for years, been an applied AI company. Its use cases are very industry-specific (automating restaurant drive throughs, customer service calls, and smart car interfaces), with real-world applications and ongoing revenue. With the stock finally falling to reasonable valuations, I'm upgrading SoundHound to a neutral rating. In my view, SoundHound is now a relatively balanced bag of positives and negatives. On the bright side for the company: Clear momentum in adoption across new industries. SoundHound's bread and butter has long been the restaurant and automotive industries. Recently, however, the company has been rolling out its automated contact center technology into new verticals, including retail, banking, insurance, and pharmaceuticals. The company has been develo...
Zolak/iStock via Getty Images Today’s economic landscape is fundamentally different than in past periods of conflict. As structural inflation, supply constraints, and de-globalization build, traditional 60/40 portfolios may struggle in this new diversification era. Wars Rarely End on Schedule We have seen this movie before. Russia expected to sweep Ukraine in days. Years later, the war continues. ...
Zolak/iStock via Getty Images Today’s economic landscape is fundamentally different than in past periods of conflict. As structural inflation, supply constraints, and de-globalization build, traditional 60/40 portfolios may struggle in this new diversification era. Wars Rarely End on Schedule We have seen this movie before. Russia expected to sweep Ukraine in days. Years later, the war continues. Every war begins with confidence. Few end on schedule. In 1914, European leaders believed World War I would end by Christmas. It lasted more than four years. The Soviet Union entered Afghanistan in 1979 expecting a short campaign. The conflict dragged on for nearly a decade. The United States toppled Saddam Hussein’s regime in weeks in 2003. The war that followed lasted years. It would be unwise for markets to ignore that history. Technology wins battles. Production wins wars. The duration of the conflict is unknowable. Extrapolating early military success into a near-term victory while discounting the risk of prolonged economic disruption would be a mistake. In a single week, the U.S. and Israel launched more than 5,000 air attacks. That is industrial-scale engagement. Wars are not fought only on battlefields. They are fought in factories and energy markets. And factories and energy markets eventually show up in CPI. Modern conflicts are hallmarked by long-duration economic contests, not short military campaigns. Wars Move Faster Than Factories During World War II, America converted automobile plants into tank factories and retrained millions of workers. It worked because the United States was already an industrial economy. Today, the U.S. is primarily a service-driven economy. Good luck turning an accountant into a welder overnight. Industrial capacity takes time. Supply chains take time. Skilled labor takes time. Wars move faster than factories. The chart below shows total global military expenditure. As rapidly advancing technology meets geopolitical instability, milita...