Shares of Rexford Industrial Realty (REXR 3.53%) tumbled 12.4% in April, according to data from S&P Global Market Intelligence. Weighing on the real estate investment trust (REIT) was tariff-driven volatility in the market and its first-quarter financial results. Tariffs drive uncertaintyLast month, the Trump administration surprised the market by launching unexpectedly high reciprocal tariffs on global trading partners to help rebalance trade. They caused significant market volatility as stock prices tumbl ...

Group 1: Visa - Visa reported a 9% increase in revenue and a 10% increase in non-GAAP EPS for its fiscal second quarter of 2025, with payment volumes up 8% and processed transactions rising 9% [3][7] - Year-to-date, Visa's stock is up over 8%, significantly outperforming the financial sector and the S&P 500 [4] - The company generated $9.42 billion in free cash flow in the first half of fiscal 2025, supporting stock repurchases of $8.41 billion and dividends of $2.33 billion [6] - Visa is guiding for low-double-digit net revenue growth and a low teens increase in diluted EPS for the full fiscal year [7] - The stock has a P/E ratio of 34.4, above its 10-year median of 33.1, which is considered justified given the company's performance [8] Group 2: Kenvue - Kenvue's stock currently yields 3.5% and presents a value opportunity in a relatively safe industry, with management focused on turning around its underperforming skin health and beauty segment [9][10] - The skin health segment's recovery is slower than expected, with organic sales declining by 1.9% in 2024, although Neutrogena regained its No. 1 position in the U.S. face care group [11] - Other segments, including self-care and essential health, grew organic sales by 1.9% and 4.1% respectively in 2024 [12] - Kenvue is collaborating with activist investor Starboard Value to appoint new board members, indicating a commitment to improving performance [12][13] Group 3: Essential Utilities - Essential Utilities offers a 3.2% forward yielding dividend, making it an attractive option for conservative investors during market volatility [14] - The company provides water and wastewater services to 1.1 million customers, with 99% of its earnings attributed to these services, which are less likely to be affected by economic downturns [15] - Operating in regulated markets allows Essential Utilities to guarantee certain rates of return, aiding in future cash flow management [16] - The company has increased its dividend payout for 30 consecutive years, with a 7% compound annual growth rate over the past decade [17][18]

Group 1 - The article promotes iREIT on Alpha as a source for in-depth research on various income alternatives including REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs, highlighting its positive testimonials [1] - It mentions a free 2-week trial for potential users, emphasizing the lack of risk in trying the service [1] Group 2 - The analyst has disclosed a beneficial long position in the shares of CP and EXR, indicating personal investment in these companies [2] - The article expresses the author's personal opinions and clarifies that no compensation is received from the companies mentioned, apart from Seeking Alpha [2] Group 3 - Seeking Alpha clarifies that past performance does not guarantee future results and that no specific investment recommendations are provided [3] - The platform emphasizes that the views expressed may not reflect those of Seeking Alpha as a whole, and its analysts include both professional and individual investors [3]

Depending on who you ask, or where you read your financial news, the chances of a recession in the U.S. during 2025 sits between 45% and 60%. Obviously, this will change how some people invest, at least temporarily. But here are two stocks that could be buying opportunities even in the face of a potential recession: Ferrari (RACE 0.60%) and BYD (BYDDY 4.71%).Creating a monsterLittle did foreign automakers know decades ago, when they were forced to team up with domestic Chinese automakers to enter the market ...

Core Viewpoint - Starbucks experienced a significant decline in stock price due to external factors such as tariffs and disappointing fiscal second-quarter earnings results [1][4][7] Group 1: Stock Performance - Starbucks shares fell 18% in April, contrasting with the overall stock market which saw a 90-day pause on some tariffs [4][2] - The stock's performance was notably weaker at the beginning of April and did not recover by the end of the month [4][5] Group 2: Financial Results - In the fiscal second quarter, Starbucks missed estimates on both revenue and earnings, with comparable sales down 1% and revenue declining 2% [7] - Adjusted operating margin decreased by 460 basis points to 8.2%, and adjusted earnings per share fell 40% to $0.41 [7] Group 3: Business Challenges - The company faces challenges due to discretionary spending trends, making it more vulnerable to economic slowdowns [5] - Tariffs may complicate operations, although the cost of importing coffee beans is manageable, comprising 10%-15% of product and distribution costs [6] Group 4: Management and Future Outlook - CEO Brian Niccol, with a strong background from Chipotle, is expected to lead a turnaround strategy, warranting investor patience [9] - Despite macroeconomic headwinds, Niccol's optimism about recovery is noted as a positive aspect for the company's future [9]

Financial Data and Key Metrics Changes - The recurring earnings in Q1 2025 increased to a level consistent with the company's dividend of $0.20 per share, reflecting a strategic portfolio restructuring initiated two years ago [6][7] - Earnings Available for Distribution (EAD) per share rose to $0.20 in Q1 2025 from $0.16 in Q4 2024, while quarterly EPS contribution from adjusted net interest income increased to $0.40 per share, up from $0.36 in the prior quarter [12][16] - GAAP book value and adjusted book value per share increased to $9.37 and $10.43 respectively, representing a 1% increase compared to the end of 2024 [16] Business Line Data and Key Metrics Changes - Agency RMBS investments now account for over 50% of company assets, with approximately $1.5 billion purchased in Q1 2025, nearly four times more than the previous quarter [10][17] - In the residential credit sector, $397 million of whole loans were purchased, with a focus on bridge loans and rental loans [18][19] - The portfolio recourse leverage ratio decreased to 0.5 times from 1.1 times, reflecting successful securitizations in the residential loan sector [9][16] Market Data and Key Metrics Changes - The market experienced spread widening in Agency RMBS and residential credit, with current coupon agency spreads widening from 135 basis points to 143 basis points in Q1 2025 [22][23] - As of April 2025, adjusted book value is estimated to be down approximately 1.5% [38] Company Strategy and Development Direction - The company aims to maintain a strong focus on Agency RMBS while also exploring opportunities in residential credit, particularly BPL rental loans [20][40] - The strategic shift towards more liquid agency RMBS is intended to enhance flexibility in capital allocation depending on market conditions [21][22] - The company plans to leverage its platform for service fee income in the near term, while continuing to optimize expected returns from its agency portfolio [8][12] Management's Comments on Operating Environment and Future Outlook - Management noted that the geopolitical situation may lead to further market volatility, but they are prepared to deploy liquidity at attractive levels [20][21] - The company does not foresee immediate impacts from GSE reform on its activities, indicating a cautious approach to potential changes in the mortgage market [32][33] - Management expressed confidence in the ability to generate recurring income to support the current dividend, despite a challenging economic outlook [27] Other Important Information - The company recognized net unrealized gains of $118.2 million during the quarter, primarily from higher valuations in the agency RMBS portfolio [14] - General and administrative expenses increased slightly due to non-recurring employee severance costs related to restructuring initiatives [15] Q&A Session Summary Question: Impact of GSE reform on business and mortgage market - Management indicated that GSE reform could lead to higher mortgage rates and liquidity issues, but does not expect significant influence on activities in the near to medium term [32][33] Question: Update on book value performance in Q2 - As of April month-end, adjusted book value is estimated to be down approximately 1.5% [38] Question: Capital allocation strategy amidst market volatility - Management confirmed a continued focus on Agency RMBS and BPL, with a preference for BPL rental over BPL bridge loans [40][41] Question: Timing surrounding mezzanine and multifamily investments - The 10% payoff rate mentioned was year-to-date as of early April, with expectations for continued resolutions in the multifamily mezzanine portfolio [43] Question: Future capital allocation preferences - Management expressed a preference for Agency RMBS in the near term, while remaining flexible to shift focus based on market conditions [45]

Financial Data and Key Metrics Changes - The recurring earnings in Q1 2025 increased to a level consistent with the company's dividend of $0.20 per share, reflecting a strategic portfolio restructuring initiated two years ago [6][7] - Earnings Available for Distribution (EAD) per share rose to $0.20 in Q1 2025 from $0.16 in Q4 2024, while quarterly EPS contribution from adjusted net interest income increased to $0.40 per share, up from $0.36 in the prior quarter [12][13] - GAAP book value and adjusted book value per share increased to $9.37 and $10.43 respectively, representing a 1% increase compared to the end of 2024 [17] Business Line Data and Key Metrics Changes - Agency RMBS investments now account for over 50% of company assets, with approximately $1.5 billion of Agency RMBS purchased in Q1 2025, nearly four times more than the previous quarter [11][18] - In the residential credit sector, $397 million of whole loans were purchased, with a focus on bridge loans and rental loans [19][20] - The portfolio recourse leverage ratio decreased to 0.5 times from 1.1 times, reflecting successful securitizations in the residential loan sector [10][17] Market Data and Key Metrics Changes - The market experienced spread widening in Agency RMBS and residential credit, with current coupon agency spreads widening from 135 basis points to 143 basis points [22] - As of April 2025, adjusted book value is estimated to be down approximately 1.5% [38] Company Strategy and Development Direction - The company aims to maintain a strong focus on Agency RMBS while also exploring opportunities in residential credit, particularly BPL rental loans [21][41] - The strategic shift towards more liquid agency RMBS is intended to enhance flexibility in capital allocation depending on market conditions [21][22] - The company has reduced its JV equity exposure to less than 1% of the overall portfolio, indicating a shift in investment strategy [28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential for additional revenue generation through service fee income and highlighted the importance of operational efficiencies in supporting dividend coverage [8][12] - The company anticipates continued market volatility but is prepared to deploy liquidity into attractive investment opportunities as they arise [21][22] - Management does not foresee significant impacts from potential GSE reforms in the near to medium term [33][34] Other Important Information - The company recognized net unrealized gains of $118.2 million during the quarter, primarily from higher valuations in the agency RMBS portfolio [14] - General and administrative expenses increased slightly due to non-recurring employee severance costs related to restructuring initiatives [16] Q&A Session Summary Question: Impact of FHFA and GSEs changes on business - Management discussed potential GSE reforms, indicating that it could lead to higher mortgage rates and liquidity issues, but does not expect significant changes in the near term [33][34] Question: Update on book value performance in Q2 - As of April 2025, adjusted book value is estimated to be down approximately 1.5% [38] Question: Capital allocation strategy amidst market volatility - Management confirmed a continued focus on Agency RMBS and BPL, with a preference for BPL rental over BPL bridge loans [40][41] Question: Timing surrounding mezzanine and multifamily investments - The 10% payoff rate mentioned was year-to-date as of early April, with expectations for continued resolutions in the multifamily mezzanine portfolio [44] Question: Future capital allocation preferences - Management expressed a preference for Agency RMBS in the near term but acknowledged the potential for shifts depending on market conditions [46]

Investing in growth stocks can help you build tremendous wealth for retirement. Many top growth stocks have fallen this year as Wall Street worries about a recession. For an investor focused on the long term, this can work to your advantage by being able to invest in strong companies at lower valuations.There are some up-and-coming restaurant and apparel brands that are still in the early innings of their long-term growth to consider buying right now. Here are two trading well off their highs that should ma ...

Core Viewpoint - McDonald's is anticipated to report declining same-store sales for the second consecutive quarter, influenced by an E. coli outbreak and cautious consumer behavior [2][3]. Group 1: Earnings Expectations - Analysts expect McDonald's to report earnings per share of $2.66 and revenue of $6.09 billion for the first quarter [5]. Group 2: Sales Performance - The company has faced rocky sales in recent quarters, particularly in the U.S. market, which is seen as a consumer bellwether [1]. - CFO Ian Borden indicated that the first quarter would likely be the low point for same-store sales, attributing this to a weak start in the U.S. and external factors such as trade conflicts and tariffs [3]. Group 3: Strategic Initiatives - McDonald's plans to focus on value meals and popular menu items, such as the return of snack wraps, to attract customers back to its restaurants [4]. - Despite the challenges, McDonald's shares have increased by 15% this year, raising its market value to nearly $26 billion [4].

Tesla (TSLA -3.08%) stock lost ground Wednesday amid a wild day of trading that saw the market sell off on first-quarter gross domestic product (GDP) data and then rebound following an indication that trade negotiations between the U.S. and China are underway. The company's share price fell 3.4% in the daily session and had been off as much as 7.4% earlier in trading.Despite the S&P 500 bouncing back from a big pullback and closing the day out up 0.1%, Tesla stock fell as investors concentrated on weaker-th ...