If you are a growth investor, cloud data AI company, Snowflake (SNOW) has massive revenue and massive revenue growth. However, the share price has fallen from extreme highs (in 2021) so that its recent 33%+ pop in share price (following strong quarterly earnings) still leaves a lot to be desired. In this brief note, we review the company’s incredible revenue growth, earnings (still very negative net income), valuation and share dilution. We conclude with our strong opinion on investing.
10.9% Yield CEF: Big NAV Discount, Disciplined Approach
If you like big steady income, the CEF we review in this article has delivered for decades. And it just got better this year after increasing its quarterly distribution meaningfully. Not to mention, it trades at a compelling discount to NAV which basically eliminates the small performance drag of its very reasonable expense ratio. Furthermore, it provides critical exposure to diversified equity (stock) markets that a lot of income investors frequently miss out on (because they’re overly concentrated in bonds and only a small subset of the equity market). And it does all of this in a highly-disciplined quarterly-distribution approach that allows many investors to “set it on auto-pilot” and sleep well at night.
Big Dividends Report: 200+ Closed-End Funds
If you enjoy digging into the universe of data (to help yourself identify attractive opportunities for further research), this report shares updated data on over 200 big-dividend (technically “big-distribution”) Closed-End Funds (“CEFs”). The data includes a variety of CEFs (including taxable bond CEFs, non-taxable municipal bond CEFs, stock CEFs and more), and it is sorted by market cap (you likely recognize several of your favorites near the top). There is also a link to an Excel spreadsheet with all the data (for those of you who like to sort, slice and dice the data your own way). We own several CEFs on this list in our Blue Harbinger “High Income NOW” portfolio.
Steady Income: 8.4% Yield CEF Worth Considering
If you are like a lot of people: (a) you recognize stocks have been very strong and may be due for a pullback, and (b) you don’t need homeruns from your investments at this point in life, just steady high income and a lot less volatility than the overall market. In this report, we review an attractive 8.4% yield “balanced” CEF with a healthy dose of utilities stocks (known for steady dividends and lower volatility), plus a side helping of bonds (also known for steady income) and a prudent amount of leverage (~25%). It also trades at a significantly lower price premium that it has been (compelling entry point) and pays distributions monthly.
Aspen Aerogels: High Growth, Shares Down 50% Since August
Aspen Aerogels (ASPN) recent sell-off (shares down 50% since August) provides a tempting buying opportunity for long-term growth investors. But there are a few things investors need to consider. For starters, investors were disappointed with Q3 results, in large part because the company reported a $13.0 million net loss, which included a $27.5 million one-time charge from the redemption of the company's convertible note (without the one-time charge, net income was $14.5 million, a $27.4 million YoY improvement). Additionally…
SoFi's Big Rally (+90% in the last 6 months)
SoFi Technologies (SOFI) shares are unsurprisingly up significantly post-election considering the new White House and Congress will be less friendly to the idea of student loan forgiveness (SoFi private loans didn’t qualify), but also as the company announced record beating quarterly performance at the end of October.
Post-Election Markets: Are You Ready for What's Next?
It’s been a big week for geopolitics and for the stock market (some sectors more than others). In this note, we review the performance of various stock market styles (eg. Small Caps, International, Large-Cap Tech and more), and then share some insights as to whether your personal investment portfolio is positioned corectly for what is coming next. For starters, here is a look at how various stock categories have performed since the election (obviously some big changes)…