Streetbeat News

Stock Prices

FRCOY

Fast Retailing, the parent company of Uniqlo, has seen a decline in its share price following remarks by its chairman about not sourcing cotton from Xinjiang. This comes amid US trade restrictions on the region due to human rights concerns.

Portfolio Pulse from

December 02, 2024 | 4:45 am

KREF

KKR Real Estate Finance's Series A Preferreds offer an 8% yield and are trading at an 18% discount to their liquidation value. The common shares are down 6% over the last year and trade at a 22% discount to book value. The company's strong free cash flow supports its dividend by 213%.

Portfolio Pulse from

December 02, 2024 | 4:30 am

DLTR

WMT

Dollar Tree faces challenges with store closures, rising expenses, and competition from Walmart. Despite analyst projections for Q3 2024 growth, these seem unlikely due to recent performance and Walmart's market gains. CEO departure and potential tariffs add further uncertainty.

Portfolio Pulse from

December 02, 2024 | 4:00 am

PPLT

Platinum is experiencing a significant supply deficit for the third consecutive year, making it undervalued compared to other industrial metals. This situation presents limited downside risk and significant upside potential, suggesting it as a speculative buy.

Portfolio Pulse from

December 02, 2024 | 3:00 am

SPY

The article highlights a list of top 10 high-yield dividend stocks for December 2024, noting that these stocks offer a 3.34% dividend yield, which is more than double the S&P 500's yield. The list has generated an annualized return of 18.61% since November 2020. SPY, representing the S&P 500, has gained 5.96% in November 2024.

Portfolio Pulse from

December 02, 2024 | 2:45 am

AAPL

EOS

MSFT

NVDA

Goldman Sachs predicts a modest 3% annual return for the S&P 500 over the next decade, highlighting the appeal of income-focused funds like EOS. EOS offers a 7.8% dividend yield, using strategic selling and options to support distributions. Its tech-heavy portfolio, including NVIDIA, Microsoft, and Apple, may underperform in bull markets but offers downside protection.

Portfolio Pulse from

December 02, 2024 | 2:45 am

BDC

Business development companies (BDCs) saw a 2% return in the third week of November due to improved market sentiment and stable Treasury yields. However, potential risks include tightening credit spreads and an increase in covenant-lite deals, which could impact portfolio yield and capital gains.

Portfolio Pulse from

December 02, 2024 | 2:30 am

ASPN

Aspen Aerogels reported a 93% YoY revenue growth in Q3 2024, driven by demand for PyroThin thermal barriers. The company raised its revenue guidance and improved gross margins to 42%. Adjusted EBITDA is projected at $90M for FY2024. Debt refinancing reduces dilution risks.

Portfolio Pulse from

December 02, 2024 | 2:30 am

BNO

Oil prices increased in early Asian trading as traders anticipate the upcoming OPEC+ production policy meeting scheduled for Thursday.

Portfolio Pulse from

December 02, 2024 | 2:00 am

TECL

The article discusses a strategy involving TECL, which has historically generated significant alpha compared to SPY, even after accounting for taxes and bid-ask spreads. The strategy leverages a low-volatility, high-return pattern.

Portfolio Pulse from

December 02, 2024 | 1:15 am