Streetbeat News

Revenues

TTAN

ServiceTitan's IPO experienced high demand, but post-IPO trading suggests potential risks and a possible pullback in shares. The company targets the field service industry with strong revenue growth but faces profitability challenges.

Portfolio Pulse from

December 15, 2024 | 3:00 am

AYRWF

Cannabis stocks have seen a pullback due to regulatory uncertainty, market saturation, and economic challenges. However, the long-term outlook remains positive, with the global market potentially exceeding $100 billion in revenue within five years.

Portfolio Pulse from

December 14, 2024 | 10:30 pm

NNOMF

Nano One Materials Corp has secured $18 million in funding from the government of Quebec, complementing a previous $18 million investment from the US Department of Defense. This financial boost is a significant milestone for the company.

Portfolio Pulse from

December 14, 2024 | 4:45 pm

MLPNF

Millennial Potash Corp shared updates on its operations in Gabon and outlined key milestones for 2025, highlighting the growing global demand for potash, especially in China, India, and Brazil.

Portfolio Pulse from

December 14, 2024 | 3:30 pm

T

AT&T remains a strong dividend investment due to stable profitability, high yields, and strong free cash flow guidance. The market's optimism about the DIRECTV divestiture is justified, as it allows AT&T to focus more on its core telecom business, which is performing well.

Portfolio Pulse from

December 14, 2024 | 3:15 pm

RTX

RTX Corporation reported strong third-quarter results with 6% adjusted growth, $2 billion in free cash flow, and over $20 billion in revenue. The company anticipates high single-digit sales growth and a 5% shareholder yield, supported by nearly $5 billion in free cash flow and a 2% dividend. Significant gains were noted in defense and commercial aftermarket segments, with Pratt & Whitney achieving a 45% operating profit growth.

Portfolio Pulse from

December 14, 2024 | 2:15 pm

OBDC

SLB

The article highlights Schlumberger Ltd. (SLB) and Blue Owl Capital Corp. (OBDC) as attractive investment opportunities for value investors. SLB is noted for its leadership in oilfield services and digital growth, while OBDC offers a high yield through a diversified portfolio.

Portfolio Pulse from

December 14, 2024 | 1:15 pm

AVGO

Broadcom's shares surged over 20% after announcing a 220% increase in AI revenue for Q4 2024, pushing its market cap past a trillion dollars.

Portfolio Pulse from

December 14, 2024 | 12:30 pm

ADDYY

The article discusses Adidas' potential for growth acceleration but remains neutral due to its history of missing revenue guidance. Despite improvements in 1H24 and 3Q24, concerns remain about future performance. Management's positive outlook on certain portfolios and North American growth suggests potential for low-teens growth.

Portfolio Pulse from

December 14, 2024 | 12:30 pm

FOR

Forestar Group is set to benefit from a residential housing shortage and favorable interest rates, leading to increased demand for residential lots and land sales. The company reported a 22% increase in net income for FY'24, supported by strategic market expansion and strong financials.

Portfolio Pulse from

December 14, 2024 | 12:30 pm