The Stock Market Has Not Been This Overvalued In 40 Years

Low rates won’t push markets higher. This concept that low interest rates will support higher PE multiples is merely false. History has shown that low rates do not lead to higher PE multiples, and that means the notion that this low-interest environment will support elevated multiples won’t last. Time has shown that PE multiples on […]

NetSTREIT: Lean, Mean, High-Quality Net Lease Growth Machine (NYSE:NTST)

Investment Thesis NetSTREIT Corporation (NTST) is a newcomer to the net lease real estate investment trust scene. The REIT made its debut as a publicly traded company on August 14th, 2020, and since then it has traded flattish along with most other REITs. But don’t let one month’s performance fool you: this REIT is a […]

Starbucks Corporation: Lowering Price Target To Reflect Weaker Long-Term Growth Outlook (NASDAQ:SBUX)

Investment Conclusion Starbucks Corporation (SBUX) reported highly disappointing F3Q2020 financial results. The company experienced significant declines in retail sales, revenues, operating income, earnings per share, and number of members enrolled in its loyalty program. Given the enormity of the losses across the board, it appears that retail sales attributed to drive-throughs, mobile order and pay, […]

Bioceres Crop Solutions Corp. (BIOX) CEO Federico Trucco on Q4 2020 Results – Earnings Call Transcript

Bioceres Crop Solutions Corp. (NYSEMKT:BIOX) Q4 2020 Earnings Conference Call September 10, 2020 8:30 AM ET Company Participants Max Goya – Investor Relations Federico Trucco – Chief Executive Officer Enrique Lopez Lecube – Chief Financial Officer Conference Call Participants Ben Klieve – National Securities Sally Yanchus – Brookline Capital Markets Operator Ladies and gentlemen, thank […]

Tracking Chase Coleman’s Tiger Global Portfolio – Q2 2020 Update

This article is part of a series that provides an ongoing analysis of the changes made to Chase Coleman’s Tiger Global Management 13F stock portfolio on a quarterly basis. It is based on Tiger Global’s regulatory 13F Form filed on 08/14/2020. Please visit our Tracking Chase Coleman’s Tiger Global Portfolio series to get an idea […]

CWB: The Bubble In Call Options Has Stoked A Bubble In Convertible Bonds (NYSEARCA:CWB)

For most investors, convertible bonds are a less popular fixed-income asset class. These are bonds that offer conversion to stocks given a significant rise in the underlying equity’s value. This is very similar to an out-of-the-money call option and comes with the cost of a generally lower yield. Most convertible bonds, such as those in […]