Louis Lefeuvre

Arm: It doesn't matter what the bottle is, as long as you get the (AI) exhilaration.

British microprocessor architect Arm, a subsidiary of Japan's SoftBank, announced on Monday that it had filed Form F-1 with the U.S. Securities and Exchange Commission (SEC), the preliminary documents for an initial public offering on Wall Street. Let's take a look at the ins and outs of this stock.

August 22, 2023 at 11:57 am EDT

Spin-Off: Brookfield Corporation - Brookfield Asset Management

A world-renowned asset manager led by the highly respected Bruce Flatt, Brookfield Corporation is one of those behemoths of the financial world. Like BlackRock or Berkshire Hathaway, Brookfield Corporation deserves attention. All the more so when the group seems unfairly valued on the stock market and an exciting restructuring has just taken place.

January 30, 2023 at 10:11 am EST

Looking at synergies in corporate finance

In the list of catch-all financial concepts, "synergies" undoubtedly deserves a spot high up in the ranking. If the term is overused by investment bankers, audit firms and financial directors, the mechanisms it covers are particularly important when it comes to quantifying the expected return from an M&A operation. In this paper, we will detail what is behind this all-purpose and somewhat vague notion.

January 16, 2023 at 10:16 am EST

Franco-Nevada: A clever way to get exposure to gold

While the spot price of gold has not been able to sustainably exceed the symbolic $1800 mark for several years, gold investments remain popular among diversification enthusiasts. Gold's alleged hedging ability against inflation is all the more attractive now that CPIs around the world are still historically high. While rising interest rates work against the asset, smart exposure to the yellow metal can still be a wise choice for investors looking to reduce portfolio volatility. Today, we look at a company that could well fulfill this objective.

December 26, 2022 at 05:42 am EST

Powell scares investors

As expected, the Fed announced on Wednesday evening that it would raise its key interest rates by 75 basis points, reaching a range between 3.75% and 4%. Although Powell's numerous rate hikes have taken rates to levels not seen in 15 years, the equity markets reacted rather well to this increase. On the other hand, Powell's speech scared the bulls

November 04, 2022 at 12:17 pm EDT

Currencies: Focus on Foreign Exchange Reserves

Unlike your collection of foreign bills, a country's foreign currency collection is both larger and more complex to manage. Your pink ceramic pig filled with Canadian dollars, Japanese yen or Indian rupees is unlikely to affect exchange rates, geopolitics or inflation. But a nation must be mindful of these, and a lot of other things.

November 02, 2022 at 12:21 pm EDT

J.B. Hunt Transport Services, Inc. : An extraordinary success story

A true American success story, Johnnie Bryan Hunt founded an eponymous trucking company in 1961, JB Hunt. Today, the group is the third largest transportation company in North America, behind the giants UPS and FedEx. Listed on the New York Stock Exchange in the early 1980s, the stock market performance of the original small Arkansas company has been nothing short of exceptional. When adjusted for splits, the trucking company has simply delivered an annualized performance of 15.3% per year since its listing, multiplying its IPO price by 166. But as we often say, past performance does not predict future performance. So, let's see today if it is still worth investing in this stock.

October 26, 2022 at 06:13 am EDT

It's diet time!

Faced with soaring inflation (+6.8% year-on-year), wiping out the purchasing power of Americans in the process, the Fed has already decided to steps things up a notch. A little more than a month after announcing a reduction of its asset purchase program, Jerome Powell announced that three rate hikes would take place in 2022.

December 17, 2021 at 03:34 am EST

UK antitrust opposes Meta - Giphy merger

Even though it is under attack from all sides, Facebook, or Meta Platforms, manages to gain 18% since the beginning of the year. Of course, the stock is experiencing higher than usual volatility and was trading 20% below its best levels before Tuesday's very good session (+3.6%). If this rebound on the historical bullish oblique support soften the blows, Meta is under watch. As shown by the recent decision of the British competition authority related to the takeover of Giphy.

December 08, 2021 at 11:11 am EST

An ARK Invest ETF on steroids?

Cathie Wood never stops surprising us. It may even have become her trademark. The famous CEO of the ARK Invest investment fund recently announced that a new ETF will soon be available, which strategy is very interesting. Although it is currently only available to ARK employees, let's take a look at the philosophy behind this new tracker, through the interview Cathie Wood gave to CNBC.

December 06, 2021 at 05:48 am EST

DCA: Not always a good idea

Often presented as a miracle solutions to new investors, DCA combines simplicity, performance and risk minimization. But like any methodology, there are some limitations. DCA is a simple investment method, but there are some rules, often ignored, that can prevent some disasters. In this article, we'll look at the big mistakes to avoid when opting for this so-called passive investment strategy. But before venturing into the drawbacks, let's quickly review this investment method.

November 26, 2021 at 09:51 am EST

Understanding the Semiconductor Industry

Once the preserve of the trade press, the semiconductor industry has taken over mainstream media for several months. On the radio, on the news or on the front page of press sites, chip shortages are constantly mentioned. And for good reason, the repercussions are numerous and put companies - in many sectors - in difficulty.

November 23, 2021 at 04:47 am EST

Mohnish Pabrai - Copycat or Genius?

Mohnish Pabrai, a 57-year-old Indian-American businessman and investor, has a very specific investment philosophy and methodology. In 1991, with about $30,000 from his own account and $70,000 in credit card debt, Pabrai started a computer consulting and systems integration company, TransTech Inc. In 2000, in the midst of the DotCom bubble, Pabrai sold his company to Kurt Salmon Associates for $20 million. It was only after this sale that the most brilliant part of his career began. His stock market success is indisputable: he managed to multiply his personal fortune by 28, going from $20M to $575M in 19 years...

November 16, 2021 at 09:45 am EST

Sea Limited : Sea Ltd: Hypergrowth in all sectors

Although up +735% since January 1, 2020, Sea Limited remains little known to retail investors. The main reason being that the Singaporean company, although listed on the NYSE (ADR), is virtually absent from the US territory.

November 05, 2021 at 09:43 am EDT

Roblox: A long-term bet, with many unknowns

A look at Roblox from analyst Louis Lefeuvre- Roblox Corporation has been a real phenomenon among young people for a few years now and recently went public - IPO on March 10. Although the price of the American stock has already risen by 24% since its listing on the NYSE, bringing the company's valuation to $46 billion, many investors are not yet familiar with Roblox. Although it is one of the biggest companies in the sector in terms of capitalization, Roblox has a unique business model, although still largely loss-making, and therefore deserves little attention.

October 29, 2021 at 08:54 am EDT

Joel Greenblatt's magic formula

Joel Greenblatt is a legendary investor who is known for having developed a formula over the course of his career, dubbed the magic formula. This strategy or investment method is mainly based on the combination of two financial ratios: the EBIT/EV and the ROIC. This simplistic but above all magical formula, described in his book "The little book that beats the market", has, as its name suggests, enabled him to beat the market for many years. Indeed, sometimes the greatest successes can come from very simple rules, but they must be followed to a tee.

October 20, 2021 at 10:47 am EDT

Invesco Solar ETF: Adding color to your portfolio with solar

Let us introduce an ETF that focuses on the energy transition and more specifically on companies that have a direct or indirect role in solar energy. For several years now, photovoltaic and solar thermal power plants have played an increasingly important role in global energy production. In addition to providing capital to an industry that wishes to have a positive impact on our planet by playing a direct role in the energy transition, this allows the investor to expose itself to a sector benefiting from a strong underlying trend. But this industry must be able to meet the technological challenges it faces while adopting business models that are sustainable and profitable in the long term.

October 13, 2021 at 11:04 am EDT

ETF overview: Take a chance on sports betting and iGaming

Increasingly criticized for its offensive marketing and the addiction it creates, the online betting and gambling industry remains very interesting from an investor's perspective. The sector has been growing strongly for several years and, according to several studies, will continue to do so for a few years. So, since a good investor always stays on top of trends, let's take a look at this industry and how to get exposure to it.

October 04, 2021 at 11:51 am EDT

An ETF with just gold and bonds?

On equity markets, the outlook is getting more and more uncertain. Catalysts are lacking. Recent gas shortages, hawkish turns from central banks and news from China force investors to find news ways to get returns. When the weather is uncertain, it's better to carry an umbrella.

September 29, 2021 at 11:28 am EDT

Is the Fed manipulating inflation numbers?

Could J.Powell and the Fed manipulating inflation statistics to their advantage? Let's take a look at the criteria used by the US central bank to guide its monetary decision making. In order to begin tapering the asset purchase program, the Fed looks closely at two measures, namely the unemployment rate and inflation. While the unemployment rate is relatively simple to gage, inflation is much more subjective, as measures can be very volatile (CPI: March = 2.6% - April = 4.2%) and differ greatly from one indicator to another. It makes sense for the Fed not to use CPI to guide its decision making. So what does it use?

September 28, 2021 at 10:55 am EDT

Why does Warren Buffett not like dividends?

Warren Buffet, perhaps the most famous investor, is known for his radical stance on dividend policies. Indeed, Mr.Buffett considers that dividend payments are rarely a wise choice for the development of a company. Although, most of the companies he owns in his portfolio pay a dividend, he is strongly opposed to it. His company, Berkshire Hathaway, has very large cash reserves but does not pay any dividend, Warren Buffet justifying this choice by the fact that he prefers to use this cash in a more efficient way. But why is Mister Buffett so opposed to dividend payments?

September 22, 2021 at 08:49 am EDT