opinions expressed – Jamiron http://jamiron.net/ Sat, 05 Mar 2022 18:42:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://jamiron.net/wp-content/uploads/2021/10/icon-20-120x120.png opinions expressed – Jamiron http://jamiron.net/ 32 32 3 luxury stocks to buy to take advantage of Metaverse Mania https://jamiron.net/3-luxury-stocks-to-buy-to-take-advantage-of-metaverse-mania/ Fri, 04 Mar 2022 21:20:48 +0000 https://jamiron.net/3-luxury-stocks-to-buy-to-take-advantage-of-metaverse-mania/ Luxury stocks are gaining traction as their brands look for ways to enter the metaverse, which combines mixed reality (MR) with social gaming, e-commerce and blockchain. Many luxury names are increasingly investing in the metaverse to boost their digital presence. The analysts of Morgan Stanley (NYSE:MRS) estimate that non-fungible tokens (NFTs) and social games could […]]]>

Luxury stocks are gaining traction as their brands look for ways to enter the metaverse, which combines mixed reality (MR) with social gaming, e-commerce and blockchain. Many luxury names are increasingly investing in the metaverse to boost their digital presence.

The analysts of Morgan Stanley (NYSE:MRS) estimate that non-fungible tokens (NFTs) and social games could expand the total addressable market for luxury stocks by more than 10% in eight years, driving additional sales that could reach $50 billion by 2030. The metaverse is also expected to increase industry earnings before interest and taxes by approximately 25%.

In social games, gamers add luxuries to their online avatars to enhance their gamer image. However, the biggest opportunity lies in the NFT market, where luxury companies sell exclusive versions of their digital products.

With that in mind, here are three luxury stocks that look poised to profit from the metaverse in 2022:

  • Burberry Group (OTCMKTS:BOURBY)
  • Kering (OTCMKTS:PRUY)
  • Ralph Lauren (NYSE:RL)

Luxury values: Burberry Group (BOURBY)

Source: William Barton / Shutterstock.com

52 week range: $21.45 – $32.17

Dividend yield: 3.13%

Our first luxury stock comes from across the Atlantic. London-based Burberry sells clothing, fragrances and fashion accessories worldwide.

In August 2021, the luxury brand partnered with Mythical Games. He released an NFT vinyl toy version of his signature character Sharky B. Burberry sold all 750 NFT units in 30 seconds. Additionally, the company recently unveiled a 3D animation of its deer mascot for China’s Singles’ Day.

Burberry exits 2021 financial results in mid-January. Annual revenue was £2.34 billion, down 11% year-on-year (YOY). Revenue increased by more than 15% in the Asia-Pacific region. However, the rest of the world saw double-digit declines.

Burberry is hovering around $22, down 17% from a year ago. The shares are trading at 18.8 times forward earnings and 2.95 times trailing sales. The median 12-month price prediction for Burberry is $29.82.

Kering (PPRUY)

Luxury resale stocks Handsome elegant man in beige suit at home sitting on sofa

Source: 4:00 p.m. production/Shutterstock.com

52 week range: $60.72 – $93.44

Dividend yield: 1.59%

Paris-based Kering is the world’s second-largest luxury goods conglomerate. Several of its brands include Gucci, Alexander McQueen, Balenciaga and Yves Saint Laurent.

Gucci has a collaboration with the gaming platform Roblox (NYSE:RBLX), allowing players to purchase digital Gucci items in-game. A virtual Gucci handbag was recently resold for more money than its real-world counterpart. In addition, Balenciaga has a partnership with epic games for Fortnite online game products.

Kering announced loudly 2021 annual results February 17. Revenue increased 35% year-on-year to €17.64 billion. Management highlighted the record current operating profit, up 60%.

Kering shares are hovering around $61, up less than 1% from a year ago. However, it is down 24% since the start of the year (YTD). The shares are trading at 20.4 times forward earnings and 4.52 times trailing sales.

Luxury stocks: Ralph Lauren (RL)

A Ralph Lauren outlet, October 21, 2013, Geneva, Switzerland.

Source: Martin Good / Shutterstock.com

52 week range: $114.51 – $122.82

Dividend yield: 2.14%

Our final stock is New York-based Ralph Lauren, another well-known domestic luxury brand. Its products include apparel, footwear, home products, fragrances and jewelry.

Ralph Lauren is adding non-fungible tokens (NFTs) to its new collections. It recently teamed up with Roblox to launch The Ralph Lauren Winter Escape. Now players buy clothes to customize their avatars in virtual polo shops.

The luxury brand announced FY22 Third Quarter Results February 3. Revenue increased 27% year-on-year to $1.8 billion. Adjusted net income was $218 million, or $2.94 per diluted share, compared to $125 million, or $1.67 per diluted share, in the prior year quarter. Cash and cash equivalents ended the period at $3 billion.

RL stock sits at $130, down 5% in the last 12 months. It is down 3% since the start of the year. The shares are trading at 14.5 times forward earnings and 1.7 times trailing sales. The median 12-month price prediction for Ralph Lauren is $143.50.

OAt the date of publication, Tezcan Gecgil did not hold (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com publishing guidelines.

Tezcan Gecgil has worked in investment management for over two decades in the US and UK. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) exam. His passion is options trading based on the technical analysis of fundamentally sound companies. She particularly enjoys setting up covered weekly calls to generate revenue.

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South Korean stock market due to profit taking https://jamiron.net/south-korean-stock-market-due-to-profit-taking/ Thu, 03 Mar 2022 23:00:15 +0000 https://jamiron.net/south-korean-stock-market-due-to-profit-taking/ (RTTNews) – The South Korean stock market has finished higher in four consecutive sessions, jumping more than 100 points or 1.9% along the way. KOSPI is now just below the 2,750 plateau, although investors expect to lock in their gains on Friday. The global outlook for Asian markets is negative and volatile, in response to […]]]>

(RTTNews) – The South Korean stock market has finished higher in four consecutive sessions, jumping more than 100 points or 1.9% along the way. KOSPI is now just below the 2,750 plateau, although investors expect to lock in their gains on Friday.

The global outlook for Asian markets is negative and volatile, in response to the ongoing Russian invasion of Ukraine and resulting sanctions. European and American markets were down and Asian stock exchanges are expected to follow suit.

The KOSPI ended sharply higher on Thursday after gains in financials, technology and industrials stocks.

For the day, the index climbed 43.56 points or 1.61% to end at 2,747.08 after trading between 2,726.35 and 2,748.21. The volume was 607 million shares worth 10.5 trillion won. There were 696 winners and 183 decliners.

Among assets, Shinhan Financial collected 0.92%, while KB Financial climbed 1.92%, Hana Financial strengthened 1.72%, Samsung Electronics jumped 1.67%, LG Electronics rose 3 .24%, SK Hynix climbed 3.20%, Naver rose 2.68%, LG Chem rose. 0.54%, Lotte Chemical rose 0.24%, S-Oil fell 0.33%, SK Innovation gained 2.41%, POSCO jumped 2.47%, SK Telecom gained 0, 73%, KEPCO jumped 4.10%, Hyundai Motor accelerated 4.11% and Kia Motors improved 2.36%.

Wall Street’s lead is weak as major averages opened higher on Thursday and bounced off the unchanged line before late selling pressure saw them end firmly in the red.

The Dow Jones lost 96.69 points or 0.29% to end at 33,794.66, while the NASDAQ fell 214.08 points or 1.56% to end at 13,537.94 and the S&P 500 fell 23.05 points or 0.53% to close at 4,363.49.

The day’s volatility came as traders monitored developments in Ukraine as Russian forces continued to intensify their attacks, forcing thousands of Ukrainians to flee the country.

Traders fear that the sanctions imposed on Russia, and the resulting spike in oil prices, could derail the economic recovery even as the Federal Reserve prepares to start raising interest rates.

Fed Chairman Jerome Powell appeared before the Senate Banking Committee and reiterated that the central bank would likely raise rates by at least 25 basis points at its meeting later this month.

In economic news, the Labor Department noted a slight decrease in first jobless claims in the United States last week. Additionally, the Institute for Supply Management reported a continued slowdown in the pace of growth in U.S. service sector activity in February.

U.S. crude oil prices fell on Thursday, pulling back from multi-year highs on speculation over a possible nuclear deal with Iran. West Texas Intermediate crude oil futures for April ended down 2.6% at $107.67 a barrel.

Closer to home, South Korea will release February figures for consumer prices later today, with forecasts suggesting a 0.4% month-on-month and 3.5% year-on-year increase. , against 0.6% over one month and 3.6% over one year in January.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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FEMSA in Mexico picks up again in the fourth quarter https://jamiron.net/femsa-in-mexico-picks-up-again-in-the-fourth-quarter/ Mon, 28 Feb 2022 15:21:00 +0000 https://jamiron.net/femsa-in-mexico-picks-up-again-in-the-fourth-quarter/ Adds stock price movement MEXICO CITY, February 28 (Reuters) – Mexican bottler and retailer Femsa reported net profit of 6.7 billion pesos ($328 million) in the fourth quarter on Monday, compared to a net loss of 10.2 billion pesos recorded in the prior year period, boosted by higher operating profit and lower net interest expense. […]]]>

Adds stock price movement

MEXICO CITY, February 28 (Reuters)Mexican bottler and retailer Femsa reported net profit of 6.7 billion pesos ($328 million) in the fourth quarter on Monday, compared to a net loss of 10.2 billion pesos recorded in the prior year period, boosted by higher operating profit and lower net interest expense.

The company’s quarterly revenue increased 16.3% year-over-year, helped by growth across all of its business units, the company said in a statement.

Earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter rose to 23.4 billion pesos, in line with Refinitiv’s estimate of 23.07 billion pesos.

The company’s subsidiary, Coca-Cola FEMSA, reported an 82.8% increase in quarterly net profit last week. The company’s chief executive, John Santa Maria, attributed the rise to increased sales in Latin America in the quarterly earnings report.

Barclay’s said in a mid-January analysis that Femsa was well placed in 2022.

Shares in Femsa FMSAUBD.MX fell more than 2.5%, in line with the drop of more than 1% in the main Mexican stock market index.

($1 = 20.5075 pesos at the end of December)

(Reporting by Noe Torres and Valentine Hilaire; Writing by Kylie Madry; Editing by Drazen Jorgic and Mark Porter)

((Valentine.Hilaire@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Should investors be worried about an economic slowdown in 2022? https://jamiron.net/should-investors-be-worried-about-an-economic-slowdown-in-2022/ Wed, 09 Feb 2022 21:12:00 +0000 https://jamiron.net/should-investors-be-worried-about-an-economic-slowdown-in-2022/ Rhe record inflation rate and the continuation of “the great resignation” in 2022 raise the question: could these factors exert downward pressure as we go through the year? In this segment of Backstage passregistered on January 14Fool.com contributors Toby Bordelon and Rachel Warren chat. 10 stocks we like better than WalmartWhen our award-winning team of […]]]>

Rhe record inflation rate and the continuation of “the great resignation” in 2022 raise the question: could these factors exert downward pressure as we go through the year? In this segment of Backstage passregistered on January 14Fool.com contributors Toby Bordelon and Rachel Warren chat.

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Toby Bordelon: Speaking of markets, we have figures from the trade department. Today retail sales fell 1.9% in December, according to their latest figures here. It was worse than expected. I think they were only expecting a 0.1% drop or something. It was quite important.

One thought that was mentioned in an article I was reading about this is that higher prices, inflation might be causing the slowdown, people spending less because prices are going up.

You might also think about supply chain issues, with people spending less because they can’t get what they want to buy. Maybe it fits in. My question for you and Rachel, you can kick us off here is, what’s your opinion on this? Are you concerned about an economic downturn, do you see it as temporary? What do you think?

Rachel Warren: I thought that was interesting. I don’t think I’m worried about an economic downturn yet. I think if it’s something that’s starting to become a pattern, I might be a little more concerned.

I will say that I wasn’t terribly surprised, but I thought some of the breakdown of some of these larger spending cuts was interesting. On the one hand, you might consider it as perhaps an unavoidable downturn since the holiday season.

We know that supply chain issues persist. If you go to the store, it doesn’t matter what you buy, like I know I’ve been to Target recently there are just fewer items on the shelves. So even if you want to spend the money, sometimes the items you want just aren’t there. We know that inflation is still galloping. The stock market has been all over the place, prices for everything from meat to auto parts are at record highs.

I think those are all factors that could contribute to it. But one of the things I noticed in CNBC article that talked about this earlier was that online spending was the area where there was a biggest drop in overall spending. The article says non-store retailers reported an 8.7% drop for the month. Two other areas where there was a sharp drop in sales were furniture and home furnishings sales, which fell 5.5%.

Sporting goods, music and bookstores fell 4.3%. Then restaurants and bars 0.8%. Part of me is wondering if any of these things are likely to trim their discretionary spending a bit as we enter a new year and many of these macro factors that were very much in play in 2021 are still firmly in place?

As we enter the new year, does this cause people to step back and think before spending on an item they may not need in the immediate future?

Finally, I read some interesting comments from the chief U.S. economist at S&P Global, Beth Ann Bovino, in the New York Times. It was interesting because she said that these declines that we saw in this month’s report, she said, “That’s not a sign of consumer weakness given that households have balance sheets relatively strong with high levels of savings and a strong job market with rising wages, it seems like consumers aren’t necessarily closing their wallets. They’re taking a short break.”

It may take a break as we enter the new year, perhaps letting those resolutions kick in. I will be very interested to see the figures for next month. Don’t worry me yet. But I think we could see that continue a bit, especially since some of these variants are still circling around. We worry about inflation. Maybe people will temporarily cut discretionary spending. But you have to see.

Rachel Warren has no position in the stocks mentioned. Toby Bordelon has no position in the stocks mentioned. The Motley Fool has no position in the stocks mentioned. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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LIVE MARKETS Inflation, COVID-19 hottest topics this earnings season https://jamiron.net/live-markets-inflation-covid-19-hottest-topics-this-earnings-season/ Mon, 07 Feb 2022 19:53:00 +0000 https://jamiron.net/live-markets-inflation-covid-19-hottest-topics-this-earnings-season/ Major US indices slightly higher in choppy session Small caps and chips outperform Energy leads S&P sector winners; comm svcs single loser flat dollar; bitcoin, rise in gold; gross falls 10-year US Treasury yield ~1.91% February 7 – Welcome home to real-time market coverage from Reuters reporters. You can share your thoughts with us at […]]]>
  • Major US indices slightly higher in choppy session
  • Small caps and chips outperform
  • Energy leads S&P sector winners; comm svcs single loser
  • flat dollar; bitcoin, rise in gold; gross falls
  • 10-year US Treasury yield ~1.91%

February 7 – Welcome home to real-time market coverage from Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

INFLATION, COVID-19 HOTTEST TOPICS THIS EARNING SEASON (1422 EST/1922 GMT)

Inflation and COVID-19 are still the most important topics this earnings season, BofA Securities strategists wrote in their latest earnings tracker on Monday.

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There are signs of exacerbating labor and supply chain issues, they wrote, noting: “The recent spike in COVID cases has also contributed to the deteriorating environment, with further labor shortages and supply chain disruption.”

Amazon.com, Clorox Co (CLX.N) and Raytheon Technologies (RTX.N) are among the companies that noted inflation and/or labor shortage issues on recent earnings-related calls, according to BofA rating.

While S&P 500 earnings are in the final weeks, more than 30% of consumer discretionary reports are yet to arrive, they noted. With them, “we expect to learn more about consumer trends, supply chain bottlenecks and inflation,” the strategists wrote.

Additionally, the earnings of many small- and mid-cap companies are also on the rise. As it stands, 74% of small-cap companies and 69% of mid-cap companies have yet to report earnings, they wrote.

(Caroline Valetkevich)

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RUSSELL 2000 SHOULD BE DELAYED AGAIN IN 2022-GOLDMAN (1310 EST/1810 GMT)

The Russell 2000 Small Cap Index (.RUT) has underperformed the S&P 500 (.SPX) recently, and is expected to continue to lag the benchmark in 2022, Goldman Sachs strategists wrote in a recent note.

Among the headwinds for the small-cap index: slowing GDP growth, they said.

“Russell 2000 is biased toward cyclical sectors,” including financials and industrials, “and away from technology,” they noted.

“Small-cap companies typically have weaker balance sheets, lower profit margins, and less market power, making them highly sensitive to economic growth environments. Returns on the Russell 2000 versus the S&P 500 are generally correlated along with other market reflections of expected economic growth,” they wrote.

In addition, they wrote, tighter financial conditions, slowing growth and a flattening yield curve are all expected to put pressure on Russell 2000 returns relative to the S&P 500.

“Over the past 20 years, the Russell 2000 has generated a return very similar to that of the S&P 500. However, the small cap index has underperformed on average during periods when the yield curve has flattened, the “Economic growth was high and falling, or financial conditions were tightening. These three dynamics describe our economists’ outlook for 2022,” they wrote.

They recommend investors focus in the small cap space on stocks with a combination of high growth, high profit margins and undemanding valuations.

Meanwhile, the S&P 500 is down more than 5% so far this year, while the Russell 2000 is down more than 10% year-to-date.

(Caroline Valetkevich)

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HALFTIME EARNINGS SEASON HUDDLE: TECH THE REMARKABLE SO FAR (1205 EST/1705 EST)

Technology, excluding consumer-related internet names, has been the sector that stands out so far in terms of stock price reactions to earnings. This according to Lori Calvasina, head of US equity strategy at RBC Capital Markets.

According to Calvasina, at just over 50%, Tech has the highest percentage of companies whose stock price rose 1% or more immediately after earnings among all GICS sectors.

On the EPS growth forecast for 2022, by percentage, she says expectations have improved for energy, materials, healthcare and technology. Meanwhile, they weakened in consumer discretionary, communication services, financials and utilities. She adds that growth and value as well as secular, cyclical and defensive stocks are well represented among the leaders and laggards on this metric, “confirming the idea that positioning trades look a bit messy from an earnings perspective. for the moment”.

That said, Calvasina also notes that the rate of upward revision to EPS estimates was slightly stronger in value than in growth, and weaker in defensives than in cyclicals.

“At a sector level, we prefer to look at the rate of EPS and sales upside revisions. And that view reminds us once again that the story is a bit more complicated with financials, REITs and energy (and to a lesser extent tech and healthcare degree) outperforming other major sectors.”

(Terence Gabriel)

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STRONG CPI DATA COULD IMPROVE FEDERAL HIKE EXPECTATIONS AND DAMAGE BONDS (1100 EST/1600 GMT)

US inflation data on Thursday could be key to knowing whether the bond rout that propelled benchmark Treasury yields to two-year highs is likely to continue, with investors likely to price in higher rates more aggressively if the number is stronger than expected, according to Morgan Stanley.

Thursday’s consumer price index (CPI) data is expected to show prices rose 0.5% in January and 7.3% on the year, according to the median estimate of economists polled by Reuters.EM

However, “an upside surprise next Thursday would mean further talk of the Fed’s 50 basis point rate hike in March. At a minimum, the Fed’s hike calls at every meeting this year will seem far less off about,” said Morgan Stanley analysts, including Matthew. Hornbach said in a report.

The Federal Reserve said last month it would likely raise interest rates in March as it tackles persistent inflation, though traders in fed funds futures only forecast a 37% chance of a 50 basis point hike this month. Five increases of 25 basis points are planned by December. FEDWATCH find out more

“An upside surprise in the U.S. January CPI next week, followed by further strength in nonfarm payrolls and even stronger inflation in February, could bolster expectations of a 50% hike. basis points in March. This result would certainly upset expectations for Fed policy this year – and investors are not sufficiently protected against this, given current market prices, in our view,” added Morgan analysts. Stanley.

Benchmark 10-year Treasury yields hit two-year highs on Monday, after data on Friday showed the U.S. economy added far more jobs than expected in January, despite the disruption to businesses in contact with consumers because of an increase in COVID-19 cases. They are at 1.94%, against 1.50% at the end of the year. Read more

(Karen Brettell)

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NASDAQ UP ON AMAZON BOOST (1001 EST / 1501 GMT)

The Nasdaq (.IXIC) is higher in early trading on Monday, with Amazon.com providing a boost. The S&P 500 (.SPX) is roughly flat, while the Dow (.DJI) is slightly red.

Meanwhile, shares of Peloton Interactive Inc (PTON.O) rose about 25% following media reports that Amazon and Nike are considering a potential takeover bid for the exercise bike maker.

All three major indices ended a volatile week of trading on Friday with weekly gains.

Here is the first market overview:

February 7

(Caroline Valetkevich)

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AMID JUNKY ACTION, S&P 500 GOES Trash (0900 EST / 1400 GMT)

Action on the riskiest corporate bonds can potentially provide an important signal for the equity market. Although the timing may be imprecise, the difficult price action of high yield securities may be a sign of less than buoyant sentiment, ultimately leading to volatility in the equity market.

Indeed, as a proxy for the high-yield sector, the SPDR Bloomberg Barclays High Yield Bond ETF (JNK.P) had broken below its 200-day moving average (DMA) and deviated from the S&P 500 (. SPX), when the stock index exceeded in early January:

SPXJNK02072022

It should be noted that looking back at the start of 2020, following new record highs for equities, the S&P 500 highs to varying degrees came on the back of even minor divergence from JNK.

From its early January peak to its late January trough, the SPX broke below its 200-DMA and fell almost 10%. In doing so, the benchmark fell to its lowest level since early October 2021. The SPX has since recovered its 200-DMA and rebounded around 4%.

Meanwhile, JNK continues to trade below its 200-DMA and ended Friday at its lowest level since early November 2020.

To bolster confidence in the sustainability of the stock market rebound, traders can expect the JNK to quickly reverse higher to confirm any ongoing rally in the S&P 500. Read More

On the positive side, the JNK formed a bullish hammer candle on Friday, suggesting it is ready for some turn. However, he has some work to do if he is to get back up and running with the SPX and repair his recent map damage.

(Terence Gabriel)

*****

FOR MONDAY LIVE MARKET PUBLICATIONS BEFORE 0900 EST/1400 GMT – CLICK HERE: read more

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Terence Gabriel is a market analyst at Reuters. Opinions expressed are his own.

Our standards: The Thomson Reuters Trust Principles.

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Samsung’s fourth-quarter earnings climb | Nasdaq https://jamiron.net/samsungs-fourth-quarter-earnings-climb-nasdaq/ Thu, 27 Jan 2022 01:39:43 +0000 https://jamiron.net/samsungs-fourth-quarter-earnings-climb-nasdaq/ (RTTNews) – Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) reported fourth-quarter profit that climbed 65.13% from a year earlier, reflecting higher sales memory chips and higher margins in contract manufacturing chips. Quarterly sales increased by 24.39% over the previous year. Samsung said it will focus on improving the yield of its advanced process to improve […]]]>

(RTTNews) – Samsung Electronics Co Ltd (SMSN.L, SSNNF.OB, SSNLF.OB) reported fourth-quarter profit that climbed 65.13% from a year earlier, reflecting higher sales memory chips and higher margins in contract manufacturing chips. Quarterly sales increased by 24.39% over the previous year.

Samsung said it will focus on improving the yield of its advanced process to improve its supply stability in the first quarter. In addition, the company will continue its technical leadership with mass production of the 1st generation GAA process in the first half of 2022.

Looking to the first quarter, Samsung expects improved year-over-year results for the mobile display business, reflecting a release of new smartphones by key customers and a growing customer base in the foldable display.

In the large screen business, losses are expected to be partially mitigated on the mass production of QD panels, as TVs and monitors adopting QD panels are expected to debut in the markets.

Looking ahead to the first quarter, demand for smartphones and tablets is expected to decrease quarter-on-quarter amid low seasonality as well as uncertain component supply.

In the first quarter, market demand is expected to decline year-over-year for TVs and home appliances, and high material and logistics costs are expected to persist for home appliances.

In 2022, while market uncertainties are expected to persist, Samsung expects stronger demand for premium and super large TVs.

In 2022, the memory industry expects the demand for servers to increase, due to increased IT investments and new high-core processors, while the expansion of the 5G lineup is expected to increase content per box for mobile, although challenges related to supply issues and COVID-19 are likely to persist.

The South Korean electronics giant said its net profit attributable to shareholders of the parent company for the fourth quarter soared 65.13% to 10.64 trillion Korean won, from 6.45 trillion Korean won in the previous quarter. same quarter last year.

Operating profit for the quarter rose 53.28% to 13.87 trillion won from a year earlier, driven by semiconductor businesses.

Fourth-quarter sales were 76.57 trillion won, an increase of 24.39% year-on-year, mainly driven by finished product business, with higher premium smartphone sales range, including foldable phones, as well as TVs and home appliances.

The semiconductor companies posted consolidated revenue of 26.01 trillion won and operating profit of 8.84 trillion won in the fourth quarter.

The Display Panel business posted consolidated revenue of 9.06 trillion won and operating profit of 1.32 trillion won in the fourth quarter. The mobile panels business saw its profits continue to improve, mainly due to strong demand for new smartphones from its main customers.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Kanzhun Limited (NASDAQ:BZ) is about to turn from loss to profit https://jamiron.net/kanzhun-limited-nasdaqbz-is-about-to-turn-from-loss-to-profit/ Sun, 23 Jan 2022 12:30:53 +0000 https://jamiron.net/kanzhun-limited-nasdaqbz-is-about-to-turn-from-loss-to-profit/ We think it’s a good time to analyze Kanzhun Limited (NASDAQ:BZ) As it seems, the company may be on the verge of a huge achievement. Kanzhun Limited operates an online recruitment platform, BOSS Zhipin, assists the recruitment process between job seekers and employers for businesses and corporations in the People’s Republic of China. The US$11 […]]]>

We think it’s a good time to analyze Kanzhun Limited (NASDAQ:BZ) As it seems, the company may be on the verge of a huge achievement. Kanzhun Limited operates an online recruitment platform, BOSS Zhipin, assists the recruitment process between job seekers and employers for businesses and corporations in the People’s Republic of China. The US$11 billion market cap company posted a loss in its last fiscal year of 1.2 billion Canadian yen and a trailing 12-month loss of 2.1 billion domestic yen, which resulted in an even wider gap between the loss and the break-even point. The most pressing concern for investors is Kanzhun’s path to profitability – when will it break even? Below, we’ll provide a high-level summary of industry analysts’ expectations for the company.

The consensus of 7 US interactive media and services analysts is that Kanzhun is close to breaking even. They expect the company to post a terminal loss in 2021, before making a profit of 1.1 billion Canadian yen in 2022. The company should therefore break even in about 12 months or less. We calculated the rate at which the business must grow to reach the consensus forecast predicting breakeven within 12 months. It turns out that an average annual growth rate of 116% is expected, which is extremely sustained. If this rate turns out to be too aggressive, the company could become profitable much later than analysts predict.

NasdaqGS:BZ Earnings Per Share Growth January 23, 2022

Developments underlying Kanzhun’s growth are not the focus of this general overview, but keep in mind that a high expected growth rate is generally not unusual for a company currently going through a period of investment.

One thing we would like to point out is that Kanzhun has zero debt on its balance sheet, which is quite unusual for a cash-intensive growth company, which typically has high debt to equity ratios. This means that the business has operated solely on its equity investment and has no debt. This aspect reduces the risk associated with investing in the loss-making company.

Next steps:

There are too many aspects of Kanzhun to cover in a brief article, but the company’s fundamentals can all be found in one place – Kanzhun’s company page on Simply Wall St. We’ve also compiled a list of key aspects you should further research:

  1. Evaluation: What is Kanzhun worth today? Has future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Kanzhun is currently being mispriced by the market.
  2. Management team: An experienced management team at the helm boosts our confidence in the company – take a look at who sits on Kanzhun’s board and the CEO’s background.
  3. Other High Performing Stocks: Are there other stocks that offer better prospects with a proven track record? Explore our free list of these great stocks here.

Feedback on this article? Concerned about content? Get in touch with us directly. You can also email the editorial team (at) Simplywallst.com.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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T. Rowe Price Blue Chip Growth I (TBCIX) is it currently a smart choice for mutual funds? https://jamiron.net/t-rowe-price-blue-chip-growth-i-tbcix-is-it-currently-a-smart-choice-for-mutual-funds/ Mon, 10 Jan 2022 12:00:05 +0000 https://jamiron.net/t-rowe-price-blue-chip-growth-i-tbcix-is-it-currently-a-smart-choice-for-mutual-funds/ MFundraisers may consider taking a look at the T. Rowe Price Blue Chip Growth I (TBCIX). TBCIX holds a Zacks Mutual Fund Rank of 3 (Hold), which is based on nine forecasting factors such as size, cost and past performance. Fund History / Manager T. Rowe Price is responsible for TBCIX, and the company is […]]]>

MFundraisers may consider taking a look at the T. Rowe Price Blue Chip Growth I (TBCIX). TBCIX holds a Zacks Mutual Fund Rank of 3 (Hold), which is based on nine forecasting factors such as size, cost and past performance.

Fund History / Manager

T. Rowe Price is responsible for TBCIX, and the company is based in Baltimore, MD. Since T. Rowe Price Blue Chip Growth I debuted in December 2015, TBCIX has garnered more than $ 37.83 billion in assets. The fund is currently managed by Larry J. Puglia who has been in charge of the fund since December 2015.

Performance

Investors naturally look for high performance funds. This fund has a 5-year total annualized return of 23.67% and is in the middle third of its peers in the category. But if you’re looking for a shorter time frame, it’s also worth looking at its 3-year 3-year total return of 23.79%, which puts it in the middle third during that time.

When examining the performance of a fund, it is also important to note the standard deviation of returns. The lower the standard deviation, the less volatility the fund experiences. Compared to the category average of 16.01%, the standard deviation of TBCIX over the past three years is 19.14%. Over the past 5 years, the fund standard deviation is 16.65% compared to the category average of 13.59%. This makes the fund more volatile than its peers over the past five years.

Risk factors

Investors should note that the fund has a beta of 1 in 5 years, so it will likely be as volatile as the market as a whole. Since alpha represents the performance of a portfolio on a risk-adjusted basis relative to a benchmark, which is the S&P 500 in this case, it is worth paying attention to this metric as well. The fund has produced a positive alpha of 5.13 over the past 5 years, showing that the managers of this portfolio are adept at selecting stocks that generate higher returns than the benchmark.

Holdings

Examining the stock holdings of a mutual fund is also a valuable exercise. This can show us how the manager applies his stated methodology, as well as whether there are inherent biases in his approach. For this particular fund, the focus is primarily on stocks traded in the United States.

The mutual fund currently holds 93.97% of its holdings in stocks, which have an average market capitalization of $ 615.26 billion. The fund has the most exposure to the following market sectors:

  1. Technology
  2. Retail business

Expenses

The costs are increasingly important for investing in mutual funds, and particularly as competition intensifies in this market. And all else being equal, a lower-cost product will outperform its otherwise identical counterpart, so it’s critical for investors to take a closer look at these metrics. In terms of fees, TBCIX is a no-load fund. It has an expense ratio of 0.56% compared to the category average of 1.01%. So, TBCIX is actually cheaper than its peers from a cost perspective.

Although the minimum initial investment for the product is $ 1 million, investors should also note that there is no minimum for each subsequent investment.

Final result

Overall, T. Rowe Price Blue Chip Growth I (TBCIX) ranks neutral for Zacks mutual funds, and in conjunction with its comparatively similar performance, medium downside risk, and lower fees, T. Rowe Price Blue Chip Growth I (TBCIX) seems like a somewhat average choice for investors right now.

Your research on the segment of the mutual fund report shouldn’t end there. You can find out about all of the great mutual fund tools we have to offer by going to www.zacks.com/funds/mutual-funds to see the additional features we offer as well as for more information. For analysis of the rest of your portfolio, be sure to visit Zacks.com for our full suite of tools that will help you investigate all of your stocks and funds in one place.

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To read this article on Zacks.com, click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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We may soon see a profit from Airbnb, Inc. (NASDAQ: ABNB) https://jamiron.net/we-may-soon-see-a-profit-from-airbnb-inc-nasdaq-abnb/ Sun, 09 Jan 2022 11:02:04 +0000 https://jamiron.net/we-may-soon-see-a-profit-from-airbnb-inc-nasdaq-abnb/ With the company potentially at an important milestone, we thought we would take a closer look Airbnb, Inc. (NASDAQ: ABNB) future perspectives. Airbnb, Inc., along with its subsidiaries, operates a travel and experiences platform for guests around the world. The US $ 104 billion market-capitalization company recorded a loss in its last year of US […]]]>


With the company potentially at an important milestone, we thought we would take a closer look Airbnb, Inc. (NASDAQ: ABNB) future perspectives. Airbnb, Inc., along with its subsidiaries, operates a travel and experiences platform for guests around the world. The US $ 104 billion market-capitalization company recorded a loss in its last year of US $ 4.6 billion and a last year-over-year loss of US $ 4.3 billion, closing the gap between loss and breakeven point. As the path to profitability is the topic of concern to Airbnb investors, we decided to assess market sentiment. We’ve put together a quick rundown of industry analysts’ expectations for the company, its breakeven year, and its implied growth rate.

The consensus of 36 US hospitality analysts is that Airbnb is on the verge of breaking even. They expect the company to post a terminal loss in 2021, before making a profit of $ 623 million in 2022. Therefore, the company should break even in about a year or less! How fast will the company need to grow to meet the consensus forecast that anticipates equilibrium by 2022? Looking back at analysts’ estimates, it turns out that they expect the company to grow 38% on average year-on-year, indicating high analyst confidence. If this rate turns out to be too aggressive, the company could become profitable much later than analysts predict.

NasdaqGS: ABNB Growth in earnings per share January 9, 2022

We are not going to go over company specific developments for Airbnb as this is a high level summary, however, keep in mind that a high growth rate is not generally not unusual, especially when a business is in an investment period.

Before concluding, there is one problem worth mentioning. Airbnb currently has a relatively high level of debt. As a general rule of thumb, the rule of thumb is that debt shouldn’t exceed 40% of your equity, which in Airbnb’s case is 45%. Note that higher debt increases the risk of investing in the loss-making business.

Next steps:

This article is not meant to be a full analysis on Airbnb, so if you want to understand the business on a deeper level, take a look at Airbnb company page on Simply Wall St. We’ve also put together a list of relevant factors you should research further:

  1. Evaluation: What is Airbnb worth today? Has the potential for future growth already been factored into the price? the intrinsic value infographic in our free research report helps to visualize if Airbnb is currently poorly valued by the market.
  2. Management team: An experienced management team at the helm increases our confidence in the company – take a look at who sits on Airbnb’s board and CEO’s background.
  3. Other high performing stocks: Are there other stocks that offer better prospects with a proven track record? Discover our free list of these great stocks here.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Should you buy this top notch stock? https://jamiron.net/should-you-buy-this-top-notch-stock/ Tue, 28 Dec 2021 13:35:00 +0000 https://jamiron.net/should-you-buy-this-top-notch-stock/ WHello the S&P 500 has jumped 27% year-to-date amid economic recovery, shares of major medical device stock Medtronic (NYSE: MDT) fell 13% over the same period. With Medtronic shares below 5% of its 52 week low, this begs the following questions: Is Medtronic now a buy? Or should investors sit on the sidelines? Let’s take […]]]>


WHello the S&P 500 has jumped 27% year-to-date amid economic recovery, shares of major medical device stock Medtronic (NYSE: MDT) fell 13% over the same period. With Medtronic shares below 5% of its 52 week low, this begs the following questions: Is Medtronic now a buy? Or should investors sit on the sidelines?

Let’s take a look at the potential reasons for Medtronic’s underperformance, its operational fundamentals, and its valuation to answer these questions.

Image source: Getty Images.

Industry uncertainty and increased regulatory oversight

There are two potential reasons for the poor performance of Medtronic stocks lately. First of all, it is important to remember how Medtronic generates its revenue and profits. The company sells medical devices worldwide that treat a variety of chronic health conditions, including gastrointestinal illnesses, heart disease and diabetes.

But since the advent of COVID-19, many hospitals have become busy treating COVID-19 patients, delaying elective procedures in which Medtronic devices are used. This has been a headwind on Medtronic’s financial results at various points throughout the pandemic. And with the rapid spread of the omicron variant, hospitals could once again have to postpone elective procedures, which could be another blow to Medtronic in the near future.

Second, Medtronic recently received a warning letter from the United States Food and Drug Administration (FDA) earlier this month regarding quality issues at its diabetes business headquarters in Northridge, California. While it is likely that Medtronic will work diligently with the FDA to resolve concerns about its MiniMed and Paradigm insulin pumps, this event has exacerbated the decline in action in recent exchanges.

Medtronic sails admirably in difficult conditions

While Medtronic’s second quarter 2022 earnings report was mixed (its fiscal year ends in April 2022), the company is doing well given it has faced headwinds from COVID-19. Medtronic reported second quarter revenue of $ 7.85 billion, representing a 2.6% growth rate from the same period a year earlier. This is slightly lower than analysts’ expectations of $ 7.98 billion in revenue for the quarter. What was the reason for Medtronic’s lack of revenue?

Paraphrasing CEO Geoffrey Martha’s opening remarks during Medtronic’s recent earnings call, the strength of international markets was more than enough to offset headwinds in the U.S. market caused by the Delta variant and staff shortages in the health system. Medtronic’s international revenue grew 7.2% year-over-year in the second quarter, while its US revenue declined 1.4%. The company’s strong performance in international markets resulted in a decline in revenue of just 2% from the prior quarter, which Martha rated as “slightly better than most of our large-cap medtech competitors.” .

Profitability helped Medtronic improve its operating margin by 470 basis points, which propelled its non-GAAP earnings per share (EPS) 29.4% year-on-year to $ 1.32 in the second quarter. Medtronic’s non-GAAP EPS is slightly higher than analysts’ forecast of $ 1.29.

The company has a culture of innovation

Even with the pandemic hanging over Medtronic, the company has managed to launch more than 180 products in the United States, Western Europe, China and Japan in the past 12 months. That says a lot about the cutting-edge culture that Medtronic has fostered. And this innovation doesn’t seem to be stopping anytime soon. That’s because Medtronic remains committed to spending more than $ 2.7 billion on research and development this fiscal year, which would represent an increase of more than 10% from last year.

Medtronic’s ability to launch such large quantities of breakthrough medical devices is why analysts predict the stock will generate 11% annual profit growth over the next five years.

A Dividend Aristocrat to Buy with Confidence

Despite the adversity the medical device industry has faced over the past two years, Medtronic’s fundamentals appear to be sound. But is the valuation attractive enough to justify buying the share?

At its current price of $ 104, Medtronic is trading at a futures price-to-earnings (P / E) ratio of just 18.3. This is significantly lower than the medical device industry’s average-to-average profit ratio of 29.3. Given that Medtronic’s projected five-year profit growth rate is only moderately below the industry average of 15%, it can be argued that there is room for a significant increase at the current valuation. . In fact, analyst consensus also seems to point to a sizeable rise, with a 52-week price target of $ 135 per share.

As a component of the S&P 500 that has increased its dividend for 44 consecutive years, Medtronic is a dividend aristocrat. With a dividend payout ratio set at 44.1% for this fiscal year, investors can collect Medtronic’s safe and above-market return of 2.5% while waiting for the market to assign a higher valuation multiple to the. action.

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Kody Kester is the owner of Medtronic. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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