Coverage stock updates
Don’t forget, amongst the various features and valuation tools within the GrowthRater WebApp are regular commentary updates. Last month’s include the below:
Recent comment updates
| Date | Company | Event |
|---|---|---|
| 18/12/2024 | BUNZL PLC | FY24 pre-close update: FY24 guidance broadly u/c, but soft pricing leaving a limp trajectory and guidance for FY25 |
| 11/12/2024 | Advanced Micro Devices Inc | Valuation becoming more interesting as the stock price approaches $125 again following post Q3 correction |
| 06/12/2024 | John Wiley & Sons, Inc. Common | Q2 FY25 update: Lumpy as ever, but still on track to deliver on guidance notwithstanding an expected adverse phasing for Q3 |
| 02/12/2024 | Barrick Gold Corp | Q3 FY24 update: Receding gold prices threaten to expose production and unit cost guidance misses |
| 27/11/2024 | Compass Group ADR | FY24 update: Robust trading trajectory sustained into FY25, but don't ignore the shifting political trends on which this surge has ridden |
| 25/11/2024 | WW Grainger Inc | Coverage initiation: A possibly ambitious rating premium ahead of DOGE and as Amazon Business is poised to take market leadership in MRO distribution |
| 25/11/2024 | MonotaRO Co Ltd | Coverage initiation: Providing WW Grainger Inc with exposure to the faster growth MRO markets in Asia |
| 21/11/2024 | Baidu, Inc. | Q3 FY24 update: A low initial rating is a meagre compensation for stall growth, poor reporting transparency and the ever-present ownership and political risks inherent |
| 20/11/2024 | Copa Holdings SA | Q3 FY24 update: Undemanding as sequential trading passes the trough |
| 20/11/2024 | TJX Companies Inc | Q FY25 update: Solid delivery, but now facing the uncertainty of Trump's tariff war |
| 20/11/2024 | NVIDIA Corporation | Q3 FY25 update: Extended valuation horizon meets slowing sequential growth! |
| 20/11/2024 | MFE-MEDIAFOREUROPE NV | Q3 FY24 update: Scale advantage, or just building another European media tower of babel? |
| 20/11/2024 | Diploma Plc | FY24 update: Solid trajectory into FY25, with mid-range rating, albeit only for those not believing in cycles! |
| 16/11/2024 | Alibaba Group Holding Ltd | Q2 FY25 update: A more compelling valuation is needed to compensate for the underlying political/corporate & disclosure deficiencies |
| 15/11/2024 | NIBE Industrier AB | Q3 FY24: "in tune with the times because the transition to a fossil-free society is generally believed to be irreversible." - tell that to Trump & 76m US voters! |
| 14/11/2024 | ProSiebenSat.1 Media SE. | Q3 FY24 update: Eroding legacy media in an ailing German de-industrialisation |
| 14/11/2024 | Firstgroup | H1 FY25 update: Diminishing time value under Labour |
| 13/11/2024 | CISCO Systems Inc | Q1 FY25 update: When yesterday's hot tech stock cools: re-boot hill! |
| 13/11/2024 | Telecom Italia | Q3 FY24 update: overshadowed by NetCo spin-off completion: A cosmetic fix from what is essentially a complicated sale and leaseback |
| 13/11/2024 | Experian | H1 FY25 update: Deliver rising margins and >+6% pa organic sales growth and see the +4-6% CAGR GrowthRating range priced into the shares |
| 13/11/2024 | Deutsche Telekom | Q3 FY24 update: Aggressive cost measures supporting German margin growth, albeit a temporary salve against current de-industrialastion policies |
| 13/11/2024 | Flutter Entertainment PLC | Q3 FY24 update: Markets getting excited that a couple of beats on win margins equates to a sustainable 'lucky streak' |
| 13/11/2024 | RTL Group | Q3 FY24 IMS (sales): structurally decaying commercial model tied to a self- immolating economy. |
| 12/11/2024 | Bayer | Q3 FY24 update: No early escape |
| 12/11/2024 | DCC Plc | H1 FY25 update: Markets seem more excited than I with these |
| 12/11/2024 | Japan Elevator Service Holdings Co Ltd | Q2 FY25 update: Time for a breather, as losing a bit of puff |
| 12/11/2024 | Royal Unibrew | Q3 FY24 update: recouping lost volumes & on track to hit FY24 guidance |
| 12/11/2024 | Vodafone Group | H1 FY25 update: Improved headline performance, albeit driven by Turkey & Africa! |
| 10/11/2024 | Braskem SA ADR | Q3 FY24 update: Riding the wave of recovering spreads, weaker Br. real and domestic tariff protection. What Lula can do Trump can do better however! |
| 08/11/2024 | Intl.Cons.Air Group | Q3 FY24 update: Short term margin tailwinds as fuel hedges unwind - longer term however, it's politics! |
| 08/11/2024 | Paramount Global | Q3 FY24 update: Skydance merger relegates the minority shareholders in an even larger vanity project |
| 08/11/2024 | Amazon.com, Inc. | Q3 FY24 update: Remains interesting <$200 ps |
| 08/11/2024 | Moderna Inc | Q3 FY24 update: “Our Mission: Deliver the greatest possible impact to people through mRNA medicines.” – prophetic words indeed! |
| 07/11/2024 | Air France | Q3 FY24 update: 7% EBITA margin targets look as remote as ever! |
| 07/11/2024 | Air Products and Chemicals, Inc | Q4 FY24 update: Exiting LNG to make big bets on 'clean' hydrogen and the Trump! |
| 07/11/2024 | Pfizer Inc | Q3 FY24 update: Morlocks treating the (awakening) Eloi |
| 07/11/2024 | Daimler Truck Holding AG | Q3 FY24 update: If freight/trucks are the economic bellwether, then prepare for a storm, at least in Europe! |
| 07/11/2024 | Telefonica | Q3 FY24 update: Brazil & a big Dividend, which is about it! |
| 07/11/2024 | AngloGold Ashanti Ltd | Q3 FY24 IMS (sales) update: Trump/DOGE punctures gold's safe have appeal |
| 07/11/2024 | Marks & Spencer Group PLC | H1 FY24 update: As good as it gets before the big UK tax squeeze? |
| 07/11/2024 | Domino's Pizza | Q3 FY24 IMS (sales) update: a maturing business model |
| 07/11/2024 | ITV | Q3 FY24 IMS (sales) update: A minnow still thinking it's a whale! |
| 07/11/2024 | Warner Bros. Discovery Inc | Q3 FY24 update: Welcomed DTC progress in Intl Max launches, albeit the rest remains a rodeo |
| 07/11/2024 | BT Group | H1 FY25 update: A big dividend, but no growth and against normalising interest rates |
| 07/11/2024 | Rational AG | Q3 FY24 update: Sequential tailwinds for margins now waning into uncertain industry demand into 2025 |
| 06/11/2024 | JD.com | Q3 FY24 update: Cost led margin improvements, rather than top line excitement |
| 06/11/2024 | Wolters Kluwer | Q3 FY24 IMS update: On a roll along with the Bureaucratic state, but what happens as DOGE culls the red tape? |
| 06/11/2024 | BMW | Q3 FY24 update: Consumers starting to pushback, albeit not enough yet to enforce the needed political policy reversals |
| 06/11/2024 | Exxon Mobile Corp | Q3 FY24 update: Scope now to save on the carbon capture PR and return to finding and refining hydrocarbons |
| 05/11/2024 | Gartner Inc | Q3 FY24 update: Fruity rating, but without the earnings momentum to match |
| Date | Company | Event |