Streetbeat News

Assets

CCSI

Consensus Cloud Solutions, Inc. is investing in R&D and personnel, indicating confidence in future growth, supported by a 9% CAGR in the secure communications market. The company's recurring subscription revenue ensures stable financial forecasting and revenue growth. CCSI's debt and stock repurchase programs, along with positive free cash flow and net income, suggest significant upside potential, with a target price of $45 per share.

Portfolio Pulse from

November 15, 2024 | 5:00 pm

SPHQ

Quality ETFs have gained significant investor interest in 2024, with Invesco's S&P 500 Quality ETF (SPHQ) attracting $3 billion in net inflows year to date through November 12.

Portfolio Pulse from

November 15, 2024 | 5:00 pm

HODL

Bitcoin has been one of the best-performing assets this year, outperforming stocks and bonds. This has contributed to the success of the VanEck Bitcoin ETF Trust (HODL), making it one of the most successful new ETFs of the year.

Portfolio Pulse from

November 15, 2024 | 5:00 pm

FLDB

The article discusses the potential benefits of investing in short duration fixed income ETFs, as many investors are currently holding cash in money market funds. These funds offer a compelling rate with low risk, but short duration fixed income ETFs may provide better opportunities.

Portfolio Pulse from

November 15, 2024 | 5:00 pm

ELAN

Elanco Animal Health Incorporated (NYSE: ELAN) has acquired a contract manufacturing facility in Speke, UK, to strengthen its supply chain.

Portfolio Pulse from

November 15, 2024 | 4:45 pm

CTO

CTO Realty Growth, Inc. has shown strong Q3 2024 performance with a 22% CAGR, significant investments, and strategic asset monetization. The company offers a 7.72% dividend yield, making it attractive for income generation and capital appreciation.

Portfolio Pulse from

November 15, 2024 | 4:00 pm

VCR

XLY

The consumer discretionary sector is slightly overvalued compared to historical averages, but the consumer services subsector remains attractive due to its quality score. VCR is a good long-term investment alternative to XLY, which is better for trading.

Portfolio Pulse from

November 15, 2024 | 4:00 pm

GORV

Lazydays Holdings, Inc. has announced a comprehensive recapitalization and asset sales, significantly strengthening its balance sheet and streamlining operations. The company expects to have $35 million in cash, reducing net debt to $26 million, positioning it for profitability.

Portfolio Pulse from

November 15, 2024 | 4:00 pm

CNSRF

CoinShares International Limited has successfully transformed its U.S.-based ETF business, Valkyrie, into CoinShares Valkyrie, significantly increasing its assets under management from $110 million to over $1 billion since its acquisition in March 2024.

Portfolio Pulse from

November 15, 2024 | 4:00 pm

AAP

Advance Auto Parts plans to close 523 corporate stores, exit 204 independently owned locations, and close four distribution centers in the US by mid-2025 to enhance operational productivity.

Portfolio Pulse from

November 15, 2024 | 4:00 pm