Earnings season is in full swing, and while some companies have disappointed, others have presented buying opportunities. I highlight two of my favorite dividend stocks that have seen post-earnings stock price weakness. One of them is a high-yield company with elevated dividend growth potential. The other is a lower-yielding dividend growth compounder with a wide-moat business model.
Perfect Corp. (NYSE:PERF ) Q3 2024 Earnings Conference Call October 29, 2024 8:00 PM ET Company Participants Jimmy Shu - Investor Relations Director Alice Chang - Founder, Chairwoman, and Chief Executive Officer Louis Chen - Executive Vice President and Chief Strategy Officer Conference Call Participants Aashi Shah - Sidoti & Co Lisa Thompson - Zacks Small Cap Research Pat McCann - NOBLE Capital Markets Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by.
I get it if you're a bit wary of this latest market rally: We've got a volatile (to say the least!) election now days away.
Following a period of sustained outperformance throughout 2024, has Booking Holdings BKNG become a major long-term investment opportunity within the travel and tourism landscape?
Hochschild's key permit in Peru (received in 2023) and a new Brazilian mine boost gold production, aligning perfectly with high gold prices. Despite a 200% return, I see more potential, especially with Hochschild's London Stock Exchange listing and strong trading volume. H1 2024 results are promising but don't fully reflect the company's potential due to rising metal prices and new mine production.
Fluence is in a great position to capitalize on the anticipated growth demand in the battery energy storage systems market. Recent AI frontier model improvements suggest that energy demand from these models will continue to scale rapidly. Solar PV plus storage represents the most feasible solution to meet these models' growing energy demands.
AutoZone is up 4,000% in just the past two decades, yet its growth story could have many miles to go.
Anadolu Efes is a Turkish beer company with a 50% stake in Coca-Cola Icecek, the major Coca-Cola bottler in the region. The stock became undervalued due to Russia's invasion of Ukraine and Turkey's rising inflation, but has since rallied. Anadolu Efes is a perfect Dhandho investment, fitting Mohnish Pabrai's low-risk, value method for high returns in the stock market.
24/7 Wall St. Insights Yields on fixed-income products have tumbled since the rate cut.
Virtu Financial's share price is up 52% YTD, outperforming the S&P 500. Virtu benefits from increased trading volumes and volatility, providing a perfect hedge for unexpected market downturns. Despite flat net income growth, Virtu's aggressive share buybacks and a forward PE of 10.15 make it undervalued by roughly 16%.
Republic Services has delivered impressive returns and remains a top candidate for my portfolio due to its wide moat and resilient business model. The company's strategic focus on essential services, M&A, and long-term growth potential make it hard to ignore despite its high valuation. With a 21-year dividend growth streak and a healthy balance sheet, RSG offers strong dividend potential and financial stability.
24/7 Wall St. Insights The interest rate cuts have started, and dividend stocks will be the big winners.