Gold has been enjoying a huge rally in recent months. It touched a new all-time high above $2,550 per ounce. The bullion is up more than 24%, outperforming the broader market index and the trend is likely to continue, given the looming Fed rate cuts next week. Given the optimism, investors have a long list of options to tap into the metal’s rally. We have highlighted the five most popular options that are directly linked to the spot gold price or futures to gain exposure to the metal. These include SPDR Gol ...

Semiconductor makers have been big winners in artificial intelligence, but not all chip businesses have enjoyed the same level of success.When it comes to semiconductor stocks and data center businesses, I'd wager that companies such as Nvidia and Advanced Micro Devices come to the top of your mind. The thing is, there's a whole lot more than just those two juggernauts when it comes to emerging opportunities in AI-powered chips and infrastructure solutions.Broadcom (AVGO 5.25%) is a company that is often fe ...

One number from Nvidia's earnings report has me more concerned about the company's growth.When the word "semiconductor" is mentioned, it's nearly impossible not to think of Nvidia (NVDA -4.08%) -- and for good reason. Over the last five years, the company has grown its revenue and free cash flow by nearly 900% and 800%, respectively. With that level of growth, it's no wonder industry analysts estimate that Nvidia holds at least 80% market share in the artificial intelligence (AI) chip realm.By all accounts, ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional va ...

财务指标 - 公司宣布启动500百万美元的股票回购计划，并将每季度普通股股息从0.62美元提高至0.70美元[459] - 截至2024年6月30日的季度净利润为1.778亿美元，较上年同期增加2,662.9万美元[480] - 2024年6月30日的普通股每股收益为2.46美元，较上年同期增加0.36美元[465] - 2024年6月30日的普通股每股净资产为73.94美元，较2023年12月31日增加10.94美元[467] 资产负债表 - 总资产于2024年6月30日达到728亿美元，较2023年12月31日的708亿美元增加[484] - 存款总额于2024年6月30日较2023年12月31日增加19亿美元，主要由于波多黎各公共部门存款增加和通过在线渠道获得的存款增加[485] - 股东权益于2024年6月30日较2023年12月31日增加2.257亿美元，主要由于2023年6月30日止6个月的净收益2.811亿美元和先前重新分类至持有至到期的证券的未实现损失摊销7,070万美元(税后)所致,部分被可供出售证券组合中未实现损失增加5,420万美元(税后)和期内宣布的普通股和优先股股息9,040万美元所抵消[486] - 监管资本比率保持强劲,2024年6月30日普通股权一级资本比率为16.48%,一级杠杆比率为8.53%,总资本比率为18.30%[487] 收益表 - 净利息收入同比增加3,660万美元,主要由于投资证券和贷款利息收入增加,部分被存款利息支出增加所抵消[494] - 波多黎各银行分部净利息收入同比增加3,560万美元,净利差增加19个基点至3.40%,主要由于生息资产收益率和规模增加,部分被存款成本上升所抵消[494] - 普业银行分部净利息收入同比减少160万美元,净利差下降41个基点至2.60%,主要由于存款成本上升所致[495] - 净利息收益率(非GAAP)为3.48%,较上年同期增加0.19个百分点[499] - 净利息收益率(GAAP)为3.22%,较上年同期增加0.08个百分点[499] - 投资证券利息收入增加1.127亿美元,主要由于投资组合收益率提高0.75个百分点[501] - 商业贷款利息收入增加0.921亿美元,主要由于贷款收益率提高0.43个百分点和贷款规模增加17亿美元[501] - 消费贷款和汽车贷款利息收入分别增加0.254亿美元和0.204亿美元,主要由于收益率和贷款规模的增加[501] - 存款利息支出增加2.327亿美元,主要由于存款成本上升,尤其是与市场挂钩的政府存款和网上存款[501] 贷款和存款 - 总贷款规模增加79.618亿美元,其中商业贷款、建筑贷款和消费贷款分别增加38.069亿美元、7.782亿美元和9.611亿美元[497] - 总存款规模增加96.451亿美元,其中活期存款和定期存款分别增加57.705亿美元和29.397亿美元[498] - 总资产收益率(非GAAP)为5.49%,较上年同期增加0.65个百分点[497] - 总资产收益率(GAAP)为5.49%,较上年同期增加0.65个百分点[497] 拨备和资产质量 - 公司在2024年第二季度录得46.3百万美元的贷款损失准备计提[508] - 公司在2024年上半年录得118.4百万美元的贷款损失准备计提[509] - 公司在2024年6月30日的贷款损失准备余额为730.1百万美元,占贷款的2.05%[511] - 非履约贷款(NPLs)占总贷款的比例为1.0%,与2023年12月31日持平[640] - 商业房地产贷款(CRE)组合中,仅1.8%或6.24亿美元涉及非自用物业租赁,主要为中低层物业,平均贷款规模200万美元,租户类型分散[641] - 2024年6月30日,CRE类NPLs为6500万美元,BPPR和Popular U.S.分部的CRE NPL率分别为0.71%和0.55%[642] - 2024年6月30日,还有6.24亿美元的执行贷款(主要为商业贷款)可能被归类为不良贷款[643] - 2024年第二季度,不良贷款新增18百万美元,主要来自Popular U.S.分部商业贷款的增加[644] 非利息收入和营业费用 - 公司2024年第二季度非利息收入为166.3百万美元,同比增加5.8百万美元[513][514] - 公司2024年第二季度营业费用为469.6百万美元,同比增加9.3百万美元[515] - 营业费用增加5,170万美元，主要由于人员成本增加2,260万美元、技术和软件费用增加1,830万美元以及其他营业费用增加860万美元[517] - 信贷卡处理相关费用增加230万美元，主要由于交易量增加[516] - 专业费用减少1,240万美元，主要由于公司合规、网络安全和转型相关的咨询费用减少[516] - 其他房地产拥有资产收益增加240万美元，主要由于商业房地产销售收益增加[516] 流动性和资金管理 - 公司的核心存款占总存款的92%，为公司提供了稳定和低成本的资金来源[590] - 公司的流动性来源包括无抵押证券、FHLB借款额度和联邦储备银行贴现窗口借款额度，总计达到201亿美元[591] - 公司的公共部门存款占总存款的31%，这些存款需要以高信用质量的证券作为抵押[595] - 公司监控存款余额超过25万美元的存款

Investors in Popular, Inc. (BPOP) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 16, 2024 $80.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mea ...

bunhill The high-yield sector remains in a state of flux as it appears increasingly likely that the Federal Reserve is going to cut rates at some point later this year, potentially as soon as September. However, at the same time, inflation has remained somewhat sticky, and the yield curve is steeply inverted. This indicates that long-term interest rates are not as likely to fall meaningfully in the near term as short-term rates are. This means that high-yield stocks, which tend to be more impacted by lo ...

Popular (BPOP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are ...

文章核心观点 - 公司专注于收购和开发面向零售业的独立商业物业,主要租赁给抗电商冲击和抗经济衰退的零售商[4][5] - 公司拥有高质量的物业和租户组合,大部分租户为全国性或超区域性零售商,信用评级较高[6][7] - 公司通过出售租回交易获得大部分投资,能够获得有利的租赁条款,如租金上涨、单店财务报告要求等[24][25] 公司概况 - 公司市值约68亿美元,拥有2,202处零售物业,总面积4,558万平方英尺[8] - 公司物业租赁率99.8%,加权平均租赁期限约8.1年[8] - 公司还拥有223处地面租赁物业,总面积610万平方英尺,租赁率100%,加权平均租赁期限约10年[11][12] 财务表现 - 2024年二季度总收入15.26亿美元,同比增长17.3%[14] - 2024年二季度核心FFO为1.03美元/股,同比增长5.7%[15] - 2024年二季度AFFO为1.04美元/股,同比增长6.4%[16] - 2024年二季度收购47处物业,总额1.858亿美元,加权平均收益率7.7%[17] 资本结构 - 公司资产负债表评级为投资级,净债务/EBITDA为4.9倍,固定费用覆盖率为4.7倍[18] - 公司无重大债务到期直至2028年,流动性充足,达14亿美元[18] - 公司100%无担保债务,平均债务成本3.6%,平均债务期限4.7年[33][34][35][36][37][38] 股息政策 - 公司自1994年以来连续增加股息,10年复合年增长率约6%[19][20] - 2023年AFFO股息支付率为73.9%,处于较保守水平[22] 行业地位 - 公司被认为是净租赁行业中最优质的组合和租户群[21] - 公司管理团队战略清晰,专注于向优质零售商出租通用商业物业[22]