Photographer: Eric Thayer/Bloomberg Time was, military contractors appealed to equity investors for their stodginess — predictable revenue, solid profit margins and reliable dividends. Times change. While weaponry behemoths like fighter-jet maker Lockheed Martin Corp. and missile producer RTX Corp. still occupy a key corner of most stock portfolios, they’ve gotten some company of late — nimble upstarts more akin to technology firms with lofty valuations and the promise of rapid profit growth. Most Read ...

Core Insights - The market is expected to transition in 2026 from a liquidity-driven environment to one where cash flows, capital expenditure management, return on invested capital (ROIC), and pricing power become more significant [1] Group 1: Investment Strategy - The focus is on U.S. and European equities, particularly undervalued growth stocks and high-quality dividend growers [1] - Sustained profitability, characterized by strong margins, stable and expanding free cash flow, and high ROIC, is emphasized as a more reliable driver of returns than valuation alone [1] Group 2: Personal Investment Philosophy - The investment approach is influenced by a diverse academic background in Economics, Classical Philology, Philosophy, and Theology, enhancing both quantitative analysis and market narrative interpretation [1] - The motivation for investing is to ensure financial freedom for the investor and their family, allowing for the ability to work in a fulfilling manner rather than solely for financial necessity [1]

The U.S. jobs market took a sharp turn for the worse in 2025, and it doesn't look like hiring will catch fire in the new year. ...

Spot bitcoin ETF investors may have shown themselves to be anything but momentum chasers this year. While it's no secret that BlackRock's iShares Bitcoin Trust (IBIT) has been a wild success since it opened for business in January 2024, data compiled by Bloomberg's crack ETF analyst Eric Balchunas shows that success in another light. So far in 2025, IBIT ranks sixth out of all ETFs in inflows, bringing in more than $25 billion of investor cash. In a list of the top 25 funds by inflows, ranked first is V ...

The holidays are upon us, and retailers love to celebrate this time of year with low prices on beloved items. Whether you're shopping for yourself or for a loved one, you could be saving big on the best products across tech, beauty, personal care, kitchen, and home. Keep scrolling to find my roundup of the best Amazon deals available now in the new Super Saturday sale.Shockingly, many of these prices are as good as, if not better than, what we saw during Black Friday. From $50 off the new AirPods Pro 3 to a ...

Group 1 - Investing in blue-chip stocks is recommended for building wealth due to their proven business models and stability across economic cycles [1][2] - Blue-chip companies typically have strong balance sheets and generate steady cash flow, which supports dividends, share buybacks, and long-term growth [2][8] - These stocks tend to be less volatile compared to speculative ventures, making them a stable choice for investment portfolios [3][8] Group 2 - JPMorgan Chase is the largest bank in the United States, with over $3.8 trillion in assets under management, providing advantages of scale and a strong balance sheet [5][6] - The bank has successfully navigated various economic environments, benefiting from higher interest income during the Federal Reserve's interest rate hikes from 2022 to 2023 [6] - BlackRock is the world's largest asset manager, managing over $13.5 trillion in assets, which generates significant recurring revenue through management fees [7]

Group 1 - Alexandria Real Estate's recent dividend cut highlights the significant impact that changes in capital allocation strategies can have on market sentiment for REITs in the short term [2] Group 2 - Leonberg Capital, led by Jussi Askola, provides consulting services on REIT investing to hedge funds, family offices, and private equity firms, emphasizing a value-oriented approach [3]

Core Viewpoint - A securities class action has been filed against James Hardie Industries plc, alleging that the company's management misled investors about inventory levels while being aware of destocking by channel partners [2][4]. Group 1: Allegations and Impact - The lawsuit claims that James Hardie's senior management falsely represented inventory levels as "robust" and "normal," despite knowing about significant destocking since April 2025 [2][7]. - Following the disclosure of this information on August 20, 2025, James Hardie's stock price fell by 34%, leading to substantial losses for investors [2][7]. - The abrupt resignation of CFO Rachel Wilson on November 17, 2025, occurred shortly after the stock collapse, indicating potential internal turmoil [2]. Group 2: Legal Actions and Investor Guidance - Hagens Berman is urging investors who suffered losses between May 20, 2025, and August 18, 2025, to come forward and discuss their legal options, including the possibility of becoming Lead Plaintiff [5]. - The firm is investigating whether the perceived strength in the North American segment was actually due to inventory loading, which was not disclosed to investors [3][7]. - Investors are encouraged to submit their losses through a secure form provided by Hagens Berman, and whistleblowers with non-public information are invited to assist in the investigation [6].

Core Insights - The article discusses the challenges faced by long-term investors in selecting the best option ETFs amidst a surge of new fund launches [1] - It emphasizes the importance of a diversified investment strategy that includes classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds to enhance income while achieving total returns comparable to traditional index funds [1] Investment Strategy - The author advocates for a hybrid investment approach that balances growth and income, aiming to achieve total returns on par with the S&P 500 [1] - The strategy focuses on high-quality dividend stocks and other assets that provide potential for long-term growth and reliable income [1]

Core Viewpoint - The sports betting industry, particularly companies like Codere Online Luxembourg, is facing challenges but also has potential for growth, especially with upcoming events like the World Cup driving increased betting activity. Group 1: Company Overview - Codere Online Luxembourg is the online sports betting and casino arm of Spanish gambling conglomerate Grupo Codere, publicly listed since 2021 through a SPAC merger [5]. - The company has a market capitalization of $364 million and its stock price has fluctuated between $5.18 and $8.75 over the past year [4][5]. Group 2: Financial Performance - Codere's shares fell significantly in 2022 due to concerns about profitability, but rebounded to $8 per share in 2024, driven by improved fiscal results [6][7]. - The company has experienced a revenue increase and a move towards consistently positive adjusted EBITDA by focusing on its home market of Spain and expanding into Latin America [7]. Group 3: Stock Performance and Market Sentiment - Codere's stock has shown mixed performance, with a notable drop earlier this year due to a Nasdaq compliance issue and the exit of its CFO [8]. - Since hitting a 52-week low in mid-November, the stock has rebounded by approximately 45%, attributed to the latest earnings release [9]. Group 4: Future Outlook - Analysts estimate Codere to earn $0.43 per share in 2026 and $0.68 per share in 2027, with the stock currently trading at around 17.5 times forward earnings [10]. - The upcoming World Cup is expected to boost betting activity, potentially increasing site traffic and user retention [11]. - The company has high fixed compliance and technological costs, but decreasing customer acquisition costs may lead to significant earnings growth with moderate revenue increases [12].