Global Ship Lease's strong backlog and improved balance sheet make both common and preferred shares appealing, despite potential volatility in charter rates. 2024 was a strong year with increased revenue and decreased net debt, resulting in a net profit of $92.6M and EPS of $2.54. The Series B preferred shares offer an 8.4% yield and are well covered, backed by a robust balance sheet with $1.35B in common equity.
Global Payments (GPN) is expected to undergo significant changes with a transformative deal which should act as a catalyst for a rerating. Management plans to asset swap their Issuer Solutions business against WorldPay. This will transform Global Payments into a pure play commerce solutions company. Despite a challenging 2025, GPN's low current valuation presents a strong buy opportunity with potential for substantial upside over the next 3-5 years.
Domino's (DPZ 0.98%) offers consumers a great value proposition, which will likely improve, given the rising cost of goods.
Northrop Grumman's $91.5B backlog (+9% YoY) is driven by B-21, E-130J, and NATO demand offers strong 2025 revenue visibility despite modest 3% sales growth. Trading at 19x forward EPS vs. 5Y avg of 17.5x; base-case PT of $585 reflects 8% upside on $28.55 EPS amid macro tailwinds. DOGE-driven budget risks, drone/AI disruptors like Anduril, and reliance on U.S. contracts (~85% revenue) temper alpha expectations.
Global Payments announced on Thursday that it's buying Worldpay for more than $24 billion. In a connected transaction, Global Payments is selling its Issuer Solutions business to FIS for $13.5 billion.
Global Medical REIT offers a high 11.4% dividend yield, supported by a diversified portfolio of mission-critical medical properties with strong tenant rent coverage. GMRE's portfolio includes 92% triple or absolute-net leases, ensuring recovery of property maintenance, tax, and insurance costs, and consistent rent escalators. Despite near-term risks like a high payout ratio, short debt maturities, and a CEO transition, GMRE's very low valuation makes it an attractive 'Buy' for risk-tolerant investors.
Global Payments set the FinTech sector abuzz early Thursday (April 17) with a pair of sweeping transactions. It sold its issuer solutions business to FIS for $13.5 billion and simultaneously bought Worldpay for a net price of $22.7 billion, according to a Thursday press release.
Yesterday, Hertz Global Holdings, Inc. (Nasdaq: HTZ) became one of the best-performing automotive-related stocks of the year after the car rental company's stock surged more than 56% in a single trading session. Today, the stock is up again by a double-digit percentage in premarket trading at the time of this writing.
Global Payments has agreed to acquire Worldpay for $24.25 billion from Fidelity National Information Services and private equity firm GTCR, and divest its issuer solutions business to Fidelity for $13.5 billion.
Global Medical REIT is a triple-net healthcare REIT focused on medical office buildings and inpatient rehabilitation facilities. The REIT's preferred shares have recently dipped below par value, allowing investors to lock in an attractive dividend yield just as the Fed is about to renew its policy normalization. Preferred dividends remain well covered in terms of AFFO. Preferred equity likewise enjoys a substantial common equity cushion.
VG's Calcasieu Pass LNG export facility consists of mid-scale, modular liquefaction trains and supporting infrastructure to process natural gas for transportation.
CBOE has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.