Key Points Netflix's messy acquisition battle does little to alter its dominance in the streaming market. E-commerce specialist Shopify has finally turned profitable and has a vast opportunity to tap. 10 stocks we like better than Netflix › Those who have held shares of Netflix (NASDAQ: NFLX) or Shopify (NASDAQ: SHOP) for a while are sitting pretty, as both companies have delivered outstanding returns over the long run, even with significant volatility along the way. Although they are far more matu ...

1 th DUBLIN, Ohio, Jan. 13, 2026 /PRNewswire/ -- Cardinal Health (NYSE:CAH) today provided an update to its financial outlook for fiscal year 2026 and plans to highlight significant progress with its strategic growth initiatives during the 44 Annual J.P. Morgan Healthcare Conference. "Our team's execution against our strategic growth plan continues to deliver meaningful results, and as a demonstration of our confidence and momentum, we are pleased to again raise our expectations for fiscal year 2026," said ...

Key Points In order to hit $1 million by 2030, Bitcoin needs a compound annual growth rate of 83%. While the crypto has posted returns of 80% or higher in the past, it has never done so for four consecutive years. Dollar-pegged stablecoins are now taking over some of its core functionality. 10 stocks we like better than Bitcoin › Throughout 2025, it was fashionable for crypto market participants and top Silicon Valley insiders to predict that Bitcoin (CRYPTO: BTC) would hit a price of $1 million ...

Global asset manager VanEck said this week that the price of Bitcoin could jump as high as $53.4 million by 2050, according to its latest long-term capital market outlook on the asset.  The astronomical price forecast represents the firm’s bull case in the scenario, which maintains a compound annual growth rate (CAGR) of 29% for Bitcoin over the next 25 years.  In that forecast, what the firm calls “hyper-Bitcoinization,” the top crypto asset would represent a sizable portion of settled domestic and intern ...

Market Overview - The S&P 500 has experienced a significant increase of approximately 230% over the past decade, translating to a compound annual growth rate (CAGR) of about 12.6%, which exceeds its long-term CAGR of roughly 10% over the last 97 years [5] - The current market conditions indicate that the S&P 500 is trading at a historically high cyclically-adjusted price-to-earnings (CAPE) ratio, a situation that has only occurred once before since data collection began in 1871 [8][9] Valuation Metrics - The CAPE ratio is utilized to smooth out market volatility by averaging inflation-adjusted earnings over the previous 10 years, providing a clearer picture of market valuation [7] - The S&P 500's current CAPE ratio suggests that the market is in a price range comparable to that of the dot-com bubble, indicating potential overvaluation [8][9] Investment Strategy - Given the high CAPE ratio, there is a call for increased deliberation and caution in stock selection, emphasizing the importance of careful analysis in the current market environment [9]

Can Bitcoin really hit a price of $21 million? One of the world's foremost Bitcoin bulls thinks it's possible.In a span of just two months, Bitcoin (BTC 5.03%) has slumped in value from an all-time high of $126,000 to a current price of $85,000. For good reason, crypto market sentiment is at a nadir right now, with the Crypto Fear & Greed Index registering "extreme fear."But Bitcoin bulls remain undeterred. According to Michael Saylor, founder and executive chairman of Strategy (MSTR +0.88%), the current sl ...

Core Insights - Keppel Corporation has transformed from a conglomerate heavily reliant on the offshore and marine (O&M) business to a global asset manager, with only 7.7% of its revenue coming from O&M in the first half of 2025 [2][4] - The company's share price has appreciated significantly, closing at $10.20 on 13 November 2025, representing a 136% increase from $4.32 in 2015, equating to a compound annual growth rate (CAGR) of approximately 9.0% [4][12] - Total returns for an investor who bought $10,000 worth of Keppel shares in 2015 would amount to around $35,242, reflecting a total return of approximately 252% and a CAGR of 13.4% [12] Financial Performance - In 2015, Keppel generated $5.4 billion in revenue and $757 million in net profit, while in the first half of 2025, revenue dropped to $3.1 billion with a net profit of $373 million due to the divestment of its largest business [14][15] - The company has consistently paid dividends, totaling $2.73 per share over the past decade, with a notable increase in dividends since the pandemic lows in 2020 [5][6] Shareholder Returns - Shareholders received additional returns through distributions of units in Keppel REIT and shares in Sembcorp Marine, which was restructured into Seatrium [9][10] - The total value of these distributions, along with capital gains and dividends, significantly contributed to the overall returns for investors [11][12] Strategic Transformation - Keppel's restructuring began in early 2021, focusing on exiting the offshore rig building business and merging its O&M operations with Sembcorp Marine [13] - The company aims to grow its assets under management (AUM) to $200 billion by 2030, with recent acquisitions and divestitures supporting this goal [14][16] Investment Lessons - The journey of Keppel over the past decade highlights the importance of a long-term investment perspective, the potential rewards of patience with dividends, and the benefits of strategic restructuring [17]

Core Insights - Pinterest Inc. reported mixed third-quarter results, with revenue of $1.0 billion, a 16.8% year-over-year increase, but earnings fell short of consensus estimates, indicating challenges in the advertising landscape [1] - Adjusted EBITDA reached $306 million with a 29.2% margin, surpassing consensus by 4% and representing a 170-basis-point margin expansion [2] Revenue Outlook - For the fourth quarter, Pinterest projects revenue growth of 13.8% to 15.9% year-over-year, estimating revenue between $1.31 billion and $1.34 billion, with the midpoint trailing Street expectations by approximately 100 basis points [3] - The company anticipates Adjusted EBITDA to range between $533 million and $558 million, compared to a prior estimate of $546 million [3] Analyst Revisions - Following the cautious revenue outlook, Wedbush Securities analysts lowered their 12-month price forecast on Pinterest to $34 from $44 while maintaining an Outperform rating, citing moderating ad spend among large U.S. retailers affected by tariff pressures [4] - Wedbush trimmed its growth forecasts, projecting a three-year revenue Compound Annual Growth Rate (CAGR) of 14.5%, down from 15.1%, but noted that Pinterest remains positioned to meet its intermediate-term targets [6] Long-Term Concerns - Rosenblatt analyst Barton Crockett expressed concerns about long-term structural risks due to the rapid advancement of AI technologies, which could overlap with Pinterest's core use case, leading to potential existential challenges [9] - The firm downgraded Pinterest to Neutral and cut its price forecast by $19 to $30, based on a 12x 2026E EV/EBITDA multiple [9] Market Dynamics - Analysts highlighted rising risks from AI-driven competitors, which may offset easing year-over-year comparisons in consumer packaged goods, with concerns that sustaining growth could become difficult if AI-powered chatbots evolve into alternative platforms for discovery and engagement [10] - Pinterest's core U.S. and Canada market, accounting for about 75% of sales, is pressured by new tariffs and weaker retail ad spending, although stronger gains in Europe and other regions provide some offset [11]

Core Viewpoint - UBS analyst Jay Sole believes Deckers Outdoor (DECK.US) is "significantly undervalued," with a potential stock price increase of approximately 53% [1] - UBS maintains a "Buy" rating on the stock, highlighting that the performance of Hoka and UGG brands is expected to exceed expectations, allowing investors to recognize Deckers Outdoor's potential for high single-digit to low double-digit compound annual growth rate (CAGR) in sales and earnings per share (EPS) growth [1] Market Expectations - The market perceives Deckers Outdoor's guidance for Q2 FY2026 as conservative, with HOKA sales growth projected at 11%, which is 200 basis points below market expectations [2] - UBS argues that the company's previous higher growth statements were based on "excluding tariff impacts" rather than formal guidance, suggesting an upward revision in growth expectations when adjusted for tariffs [2] - Historically, Deckers Outdoor's final annual EPS has averaged about 17% higher than its Q2 guidance midpoint over the past four years, indicating potential for exceeding current forecasts [2] Short-term Outlook - For Q2 FY2026, Deckers Outdoor reported a revenue increase of 9.1% to $1.4931 billion, with EPS of $1.82, surpassing market expectations by $0.21 [3] - The gross margin was 56.2%, exceeding market expectations by approximately 200 basis points, while operating margin stood at 22.8% [3] - HOKA brand sales grew by 11.1%, and UGG brand sales increased by 10.1% [3] - The company accelerated its share repurchase program to $282 million in Q2, up from $183 million in Q1, indicating potential for EPS upside [3] Mid-term Growth Drivers - UBS anticipates HOKA's direct-to-consumer (DTC) sales will return to low double-digit growth by FY2027, driven by expansion in training shoes, lifestyle products, and international markets, particularly in the Asia-Pacific region [4] - The increase in high-margin DTC business and scale effects for HOKA are expected to push EBITDA margins close to 23% by FY2030, although some gains may be offset by tariff pressures [4] - The discounted cash flow (DCF) model suggests that the market currently implies a low single-digit CAGR for EPS over the next five years, while UBS estimates it to be around 9%, indicating valuation upside potential [4] Various Scenarios and Target Prices - Base case scenario: Target price of $157, with a five-year EPS CAGR of approximately 9%, recovery in HOKA's U.S. DTC and lifestyle business, and gradual tariff reductions [5] - Optimistic scenario: Target price of $239, assuming faster expansion of HOKA DTC, UGG evolving into a year-round brand, and an operating margin of about 25.5% by FY2030 [6] - Pessimistic scenario: Target price of $48, considering weak U.S. consumer spending, slower market share growth for HOKA, increased promotional activity, and a contraction in operating margins [6]

Core Insights - The stock market has shown strong returns over the past five years, but Tilray Brands has struggled to keep pace, indicating a significant underperformance in the cannabis industry [1][2]. Company Performance - Tilray has faced numerous challenges, including intense competition, legal barriers to loans, and stringent regulatory requirements, which have hindered its financial performance [2]. - The company has experienced a compound annual growth rate (CAGR) of -21.32% over the past five years, meaning an investment of $500 would now be worth $150.76, in stark contrast to an S&P 500 ETF investment that would be worth $1,031.74 due to a positive CAGR of 15.59% [3]. Future Outlook - There is some market optimism regarding potential changes in the legal landscape of the U.S. cannabis industry, and Tilray reported a rare net income in its latest quarterly update [4]. - Despite these developments, the company's historical performance and ongoing challenges suggest that the stock remains a high-risk investment, with concerns that future investments could yield even lower returns [5].