Streetbeat News

Assets

C

Citigroup is currently undervalued, trading at 75.5% of its tangible book value, making it a strong buy amid market volatility. The bank's strategic focus on high-margin businesses and a $20B stock buyback program are expected to drive EPS and tangible book value growth.

Portfolio Pulse from

March 12, 2025 | 7:15 pm

OKTA

Okta is highlighted as a cash-rich SaaS company with over $2.1 billion in cash, providing it with flexibility and stability. Its valuation at 18x forward free cash flow is seen as compelling, with potential for revenue growth beyond management's guidance.

Portfolio Pulse from

March 12, 2025 | 6:15 pm

HGBL

Heritage Global Partners, a subsidiary of Heritage Global Inc., will conduct an online auction of Electriq Power's assets following a U.S. Bankruptcy Court appointment. This auction offers opportunities for businesses in the alternative energy sector to acquire equipment.

Portfolio Pulse from

March 12, 2025 | 6:15 pm

EVTR

The article discusses the current economic uncertainty, including escalating tariff threats and potential recession, which has led investors to seek safer investments. It suggests considering EVTR's fixed income strategy as an alternative to equities.

Portfolio Pulse from

March 12, 2025 | 5:30 pm

GBDC

The article provides a comparative analysis of Golub Capital BDC's (GBDC) recent quarterly changes in NAV, economic return, NII, and valuation against 11 BDC peers. It includes a detailed examination of investment portfolios and non-accrual status as of late 2024, along with buy, sell, and hold recommendations for BDC stocks.

Portfolio Pulse from

March 12, 2025 | 5:15 pm

SAN

KBRA has assigned preliminary ratings to seven classes of mortgage-backed notes from Santander Mortgage Asset Receivable Trust 2025-NQM1, a $283.8 million non-prime RMBS transaction. The collateral includes 714 residential mortgages, with a significant portion using alternative income documentation.

Portfolio Pulse from

March 12, 2025 | 5:00 pm

LBSR

Liberty Star (OTCQB:LBSR) has announced changes to its leadership team, appointing Steve Rivera to oversee geological management for its Red Rock Canyon and Hay Mountain projects in Arizona.

Portfolio Pulse from

March 12, 2025 | 4:30 pm

MAIN

Main Street Capital, a leading BDC, is trading at a high P/NAV multiple of 1.93x, making it less attractive despite its strong fundamentals. The total yield of 7.3% is below the sector average, and market headwinds make its high premium difficult to justify.

Portfolio Pulse from

March 12, 2025 | 4:15 pm

ARXRF

Imagine Lithium Inc. has closed the first tranche of a $2.35 million private placement, as announced on February 25, 2025.

Portfolio Pulse from

March 12, 2025 | 4:15 pm

LBSR

Liberty Star Minerals has expanded its leadership team by engaging Steve Rivera, a consulting geologist, to advance its Red Rock Canyon and Hay Mountain projects. These projects are located in a mineral-rich belt known for copper-gold-molybdenum deposits.

Portfolio Pulse from

March 12, 2025 | 4:00 pm