Quick Note: Sharing updated data on 50+ top semiconductor stocks (such as Nvidia, Broadcom and AMD). The data is sorted by market cap, and you can see performance has been quite weak over the last month (despite strong analyst ratings, which are also included). Hopefully this data is helpful as you research ideas.
Quick Note: 1-Month Returns (Ugly) on Popular Stocks
Earnings Note: Oaktree Specialty Lending
Quick Note: Oaktree Specialty Lending Corp (OCSL) is a big-yield (+13.8%) BDC that has been declining in price, particularly following its latest earnings announcement this past week whereby its adjusted net investment income (“NII”) came in at $0.55 per share (a penny lower than estimates) and just matches its quarterly dividend of the same amount.
Earnings Note: Mercado Libre En Fuego
Earnings Note: Paylocity
Quick Note: Paylocity (PCTY) beat earnings and revenue expectations, and the shares are up. However, Paylocity shares have been so beaten up for so long (they’re still down ~50% from the 2021 high, thanks in large part to its focus on small-and-mid-sized businesses as customers) that some people haven’t noticed the fundamentals have never stopped improving.
Earnings Note: Meta Platforms
Quick Note: Top Growth Stocks Down Big
Quick Note: ServiceNow Earnings Update
Quick Note: Vertiv Earnings Update
Quick Note: Alphabet Earnings
Quick Note: NXP Semiconductors Earnings Note
Quick Note: Nvidia Pipeline
ADX: New 8.0% Distribution, Shrinking Discount to NAV (Tender Offer)
Quick Note: As we wrote about previously, this attractive CEF recently announced initiatives to shrink its discount to NAV (good for shareholders). The initiatives include a newly increased distribution, plus a public market tender offer to acquire up to 10% of the shares at 98% of NAV. And as you can see in the chart below, things are going well.
Quick Note: Top Growth Stocks Data
Top 10 "High Income NOW" Securities Tear Sheet (June Update)
Quick Note: The Top 10 “High Income NOW” Tear Sheet has been updated for July (and it can be accessed below). There were a few minor updates. For example, we added to a big-yield municipal bond CEF (as an honorable mention) because of management’s announced efforts to reduce the price discount), and we added to a top BDC that recently sold off (as it presents an attractive buying opportunity after a price decline). Disciplined, goal-focused, long-term investing continues to be a winning strategy.