The corporate logo of e-commerce company Shopify hangs at the building that contains the offices of Shopify Commerce Germany GmbH on in Berlin, Germany. (Photo by Sean Gallup/Getty Images)Getty ImagesShopify (NASDAQ: SHOP) has long been a market favorite in the e-commerce space, but investors looking for growth at a reasonable price may want to consider its lesser-known peer, AppLovin (NASDAQ: APP). While both companies operate in the broader software ecosystem, their market dynamics and valuations tell dif ...

Group 1 - ONEOK has attracted investor interest due to stable oil prices and increasing U.S. natural gas demand, alongside a strengthened balance sheet and expanded pipeline and processing footprint [2] - The stock is currently trading nearly 40% lower than its one-year peak and has a price-to-sales ratio below the average of the past three years, indicating potential as a value investment [3] - ONEOK provides natural gas gathering, processing, storage, and transportation services across the U.S., in addition to owning a parking garage and leasing office space in Tulsa, Oklahoma [4] Group 2 - ONEOK has demonstrated reasonable revenue growth of 58.4% over the last twelve months and an average of 16.4% over the past three years, with a strong average operating margin of approximately 21.2% [8] - The stock is trading at a modest price-to-earnings (PE) multiple of 12.5, despite its positive fundamentals [8] - Historical data shows average forward returns of 12.7% for six months and 25.8% for twelve months, with a win rate exceeding 70% for both timeframes [9]

Core Insights - Cabot Corporation (CBT) has established a strong financial foundation while its stock remains undervalued compared to recent highs, presenting a potential investment opportunity [2][3] - The company generates solid cash flow, maintains resilient margins, and offers an attractive valuation, making it appealing for income and value-focused investors [2] Financial Metrics - Cabot's free cash flow yield stands at 10.8%, which is notably high compared to many stocks [8] - The company has experienced a 3-year average revenue growth of -2.5% and maintains an operating margin of 15.0%, indicating sound fundamentals despite revenue challenges [8] - CBT stock is currently trading 47% below its 2-year high and 18% below its 1-month high, with a price-to-sales ratio lower than its 3-year average [8] Market Performance - Historical data shows average forward returns of 10.4% over 6 months and 20.4% over 12 months, with a win rate of approximately 74% for positive returns over a 12-month span [9] - The investment strategy applied to high free cash flow yield stocks has yielded nearly 18% average return over 12 months, even during non-crash periods, with a 70% win rate [10] Risk Considerations - CBT has experienced significant declines in the past, including an 83% drop during the Global Financial Crisis and a 55% drop during the Covid sell-off, highlighting its vulnerability to market volatility [11] - The stock can also decline in strong market conditions due to factors like earnings announcements and business updates, indicating that sound fundamentals are crucial for stability [12]

Core Insights - Meta's shares declined by 2.3% to approximately $620.75, contributing to a total drop of about 17.5% over the past week, following a significant one-day decline of over 11% after the third-quarter earnings report [1][4] - Mark Zuckerberg's net worth decreased by $4.6 billion (2.1%) due to the drop in Meta's stock price, affecting his ranking among the world's wealthiest individuals [2][4] Revenue Projections and Scams - Internal documents indicated that Meta projected 10% of its overall revenue, estimated at $16 billion, would come from advertisements for scams and banned goods [3] - Meta's spokesperson stated that the documents presented a selective view and that the internal estimates were lower, including many legitimate ads [3] - The company is reportedly under investigation by the Securities and Exchange Commission for running ads related to financial scams [3] Earnings Report and Financial Impact - Meta's third-quarter earnings report showed earnings per share of $1.05, which was 84% below economists' projections, attributed to a one-time tax charge of $15.9 billion [4] - Without the tax charge, earnings per share would have been $7.25, and the company raised its capital expenditure guidance to between $70 billion and $72 billion [4]

Kristo Kaarmann is the cofounder and CEO of Wise. (Photo By Eóin Noonan/Sportsfile via Getty Images)Sportsfile via Getty ImagesWise is betting big on America. The London-listed fintech best known for cheap international transfers is adding staff, pouring money into marketing, and laying the groundwork for a Wall Street debut as part of a broader push into what it calls its most promising market.Building Scale and a Bigger WorkforceWise has already hired more than 1,000 employees in the first half of the yea ...

Core Insights - Zimmer Biomet (ZBH) stock is currently trading within a support range of $83.17 to $91.93, from which it has historically rebounded significantly, achieving an average peak return of 29.8% over the past decade [2]. Financial Performance - Revenue growth for ZBH is reported at 5.5% for the last twelve months (LTM) and an average of 5.1% over the past three years [5]. - The company has a free cash flow margin of approximately 17.6% and an operating margin of 18.7% for LTM [5]. - The lowest annual revenue growth recorded in the last three years was 4.1% [5]. - ZBH stock is currently trading at a price-to-earnings (PE) multiple of 21.5 [5]. Market Behavior - ZBH stock has experienced significant declines in the past, including a 65% drop during the Global Financial Crisis and nearly a 50% decline amid the Covid pandemic [4]. - The stock also faced losses of at least 26% during the 2018 correction and 41% during the inflation spike [4]. - Despite solid fundamentals, ZBH is not immune to market downturns, and stocks can decline even in favorable market conditions due to various factors such as earnings reports and business updates [6].

Core Insights - Super Micro Computer Inc. (SMCI) has experienced a significant stock drop of -11% in a single day and -23.7% over the past month, prompting a reassessment of its competitive position [2][5] - The company specializes in high-performance modular server and storage solutions for enterprise data centers, cloud computing, AI, 5G, and edge computing applications [3] Financial Performance - SMCI's revenue growth over the last 12 months stands at an impressive 46.6%, outperforming competitors such as MKSI, OLED, BMI, and AVT [6] - The company's operating margin is reported at 5.7%, which is modest compared to competitors like OLED, which has an operating margin of 38.9% [6] - SMCI's stock has increased by 51.7% in the past year, with a price-to-earnings (PE) ratio of 23.9, indicating strong performance relative to its peers [6] Investment Strategy - Regular evaluation of alternatives is emphasized as a fundamental aspect of a robust investment strategy, particularly in light of SMCI's recent stock performance [2] - The Trefis High Quality Portfolio, which includes 30 stocks, has a history of exceeding benchmark indices like the S&P 500, suggesting a diversified approach may yield better returns with lower risk [7]

Core Viewpoint - Tesla shareholders are set to vote on a compensation package for CEO Elon Musk that could be valued at nearly $1 trillion, which is seen as essential for retaining Musk at the company, despite opposition from some major shareholders [1][2]. Group 1: Compensation Package Details - The proposed compensation package would grant Musk over 423 million additional shares, potentially increasing his ownership stake to approximately 25% if Tesla meets specific performance goals over the next decade [2][3]. - For Musk to receive the full compensation, Tesla's market capitalization must rise from $1.5 trillion to $8.5 trillion within ten years, alongside achieving targets such as selling 12 million cars and operating 1 million Robotaxis [3]. Group 2: Support for the Pay Package - Tesla chair Robyn Denholm indicated that denying the plan could lead to Musk's departure, which would significantly diminish Tesla's value [4]. - Supporters of the plan, including Counterpoint Global and the Florida State Board of Administration, argue that Musk's leadership has driven substantial success and shareholder returns [4]. Group 3: Opposition to the Pay Package - Norges Bank Investment Management and other proxy firms have expressed concerns about the compensation's size and its implications for shareholder power, recommending a vote against the plan [5]. - The California Public Employees' Retirement System also plans to oppose the package, citing its disproportionate scale compared to other executive compensation plans [5]. Group 4: Musk's Response - Musk criticized the opposition from proxy firms, labeling them as "corporate terrorists" and suggesting that he might leave Tesla if he does not secure greater voting power [6][7]. Group 5: Market Context - Tesla reported record deliveries of over 497,000 vehicles in the third quarter, generating revenues of $28.09 billion, surpassing Wall Street expectations [8]. - Despite strong quarterly performance, Tesla has faced declining sales in Europe due to increased competition from other electric vehicle manufacturers [8]. Group 6: Musk's Wealth - As of Thursday, Musk's net worth is estimated at $500.2 billion, making him the world's richest person, with Tesla shares having increased by 20% this year [9].

Core Insights - Gold-linked exchange-traded funds (ETFs) experienced their fifth consecutive monthly inflow in October, indicating a strong demand for gold investments [2][3] - Total gold ETF assets under management (AUM) reached $502.8 billion, with inflows amounting to $8.2 billion in October [4] - Gold prices peaked at over $4,381 per ounce on October 20, before stabilizing at $4,001 per ounce, reflecting a 52% increase since January 1 [4] North America - North American gold ETFs added 47 tonnes, bringing total holdings to 2,043 tonnes, with inflows valued at $6.5 billion [5] - This marks the fifth consecutive month of inflows for North American funds, despite a drop in gold prices on October 21 [5][6] - Positive flows of $334 million were recorded on October 21, although outflows reached $117 million by the end of the week [6] Europe - European gold ETFs recorded their second-largest monthly outflow on record, totaling 37 tonnes and valued at $4.5 billion [7] - This decline reduced total physical holdings to 1,399 tonnes and AUMs to $180.4 billion [7] - The UK and Germany contributed significantly to the outflows, with the UK experiencing its largest monthly outflow on record [7] Asia - Asian demand for gold ETFs remained strong, with purchases totaling $6.1 billion, the second highest ever recorded [8] - This equated to 45 tonnes of gold, increasing total physical holdings to 379 tonnes and AUMs to $49.6 billion [8] - Chinese investors were the primary contributors, adding $4.5 billion worth of gold to their portfolios [8]

Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesSOPA Images/LightRocket via Getty ImagesComcast stock (NASDAQ: CMCSA), one of the largest cable television and internet service providers in the U.S., has experienced a decline in its stock, now approximately $28 per share, down over 50% from its peak of $61.75 in September 2022. This selloff has resulted in Comcast’s valuation being pegged at a modest 6.5x forward earnings, with a dividend yield nearing 5% – indicators that imply i ...