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Earnings

BXSL

Blackstone Secured Lending (BXSL) outperformed the sector median with a 3.2% total NAV return in Q3. It trades at a 17% premium to book value and offers a 9.7% dividend yield. Despite a high-quality portfolio, net yield margin has decreased due to tighter spreads and higher interest expenses.

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December 13, 2024 | 1:00 pm

NVS

Novartis is facing challenges from Kisqali patent litigation and Entresto competition, but clinical advancements and increased mid-term sales guidance support a Buy rating. Key growth drivers include R&D investments and strategic acquisitions. The CEO's focus on cash generation, dividend growth, and share buybacks provides downside protection and supports EPS growth.

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December 13, 2024 | 12:45 pm

UNP

Union Pacific's Q3 results show increased operating revenue and EPS, along with an improved debt-to-EBITDA ratio, indicating strong financial health. Railroads remain vital to the U.S. economy, making Union Pacific a potentially attractive investment.

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December 13, 2024 | 12:45 pm

CCL

Carnival PLC is expected to report strong financial results next Friday, marking the end of an impressive year. The company's shares have risen over 50% year-to-date, supported by a record third quarter and an upgrade in EBITDA to $6 billion.

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December 13, 2024 | 12:30 pm

HIW

Highwoods Properties is considered an attractive investment due to its reliable dividends, low P/FFO multiple, and recent share price pullback. Despite a modest Q3 revenue miss, the company has raised its FFO guidance and reported strong leasing volumes, indicating potential upside, especially with lower interest rates. Its solid fundamentals and exposure to the Sun Belt market make it a compelling buy.

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December 13, 2024 | 12:30 pm

QCOM

Qualcomm's stock is poised for a potential increase due to strong financials, robust Q4 FY2024 performance, and strategic diversification into AI, automotive, and IoT. Despite recent underperformance, the company's valuation and partnerships provide a margin of safety and growth potential.

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December 13, 2024 | 12:00 pm

LOPE

Grand Canyon Education, Inc. has experienced a 28% rally, consistently beating earnings expectations and outperforming the S&P500. Technical indicators suggest continued bullish momentum, although sustained growth in ROE is necessary for the rally to continue.

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December 13, 2024 | 11:45 am

CFLT

Confluent's data streaming platform is positioned as crucial for AI, suggesting the stock is undervalued with high-growth potential. Q3 2024 results show 25% revenue growth, positive free cash flow, and improved GAAP net loss, indicating strong performance and liquidity. The company's 117% Dollar-based Net Retention Rate and expanding product offerings highlight its value and customer loyalty.

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December 13, 2024 | 11:45 am

LULU

Lululemon's stock has dropped nearly 20% YTD due to overvaluation concerns and poor financial growth, despite better-than-expected Q3 earnings. The company's earnings quality is questionable, with significant investments in working capital and increased cash conversion cycles affecting operating cash flows. Rising inventory levels, potential gross margin pressures, and increased competition from brands like Alo Yoga and Vuori pose significant headwinds.

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December 13, 2024 | 11:30 am

AVGO

The article discusses Broadcom's fourth-quarter results and provides an analysis of whether to buy, sell, or hold the stock.

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December 13, 2024 | 11:15 am