Bank Earnings, Trump’s Influence, The Fed’s Next Move and More
Welcome back to the BBAE Blog, your trusted source for the latest investment insights and analyses from the BBAE team. Our featured articles for this week are:
- JP Morgan ($JPM) – Earnings Snapshot & Consumer Commentary
- Brasada Capital Management: Unveiling a Hidden Gem in Auto Insurance Tech ($CCCS)
- Weekly Roundup: Trump Up, Geopolitics (and Semiconductors) Down, Fed’s Next Rate Cut
- Insider Buys at Delta Air Lines ($DAL)
- BBAE Basics: The PE Ratio
Need a reminder of why BBAE? We have one goal: to provide you with exclusive content and data to help you make informed investing decisions. Explore a wealth of market insights and potential investing opportunities that you can’t find anywhere else.
Make sure you catch our Weekly Roundup, where this week, we cover trade fears affecting semiconductor stocks, the market’s surprising rally after the attempted assassination of Donald J. Trump, and the potential upcoming Fed rate cut.
JP Morgan ($JPM) – Earnings Snapshot & Consumer Commentary
Brad Freeman reports on JP Morgan’s earnings. The bank beat revenue estimates by 10% but missed GAAP EPS estimates by $0.11. Annual net interest income guidance was raised to $91 billion. JP Morgan’s balance sheet shows strong credit loss provisions and stable deposits.
JP Morgan, Citibank, and Wells Fargo noted a stronger-than-expected U.S. economy, with some signs of slowing. Key executives highlighted cautious optimism and resilience in consumer credit performance. Read the full article here.
Brasada Capital Management: Unveiling a Hidden Gem in Auto Insurance Tech ($CCCS)
In their Q2 2024 investor letter, Brasada Capital Management spotlights CCC Intelligent Solutions ($CCCS), a key player in the automotive insurance ecosystem. CCCS’s software streamlines claims processing, connecting major U.S. insurers with auto body shops. Brasada highlights the company’s dominant market position, strong competitive advantages, and multiple growth avenues. As the auto industry grows more complex, could $CCCS offer compelling value in today’s market? Dive into this Pro’s analysis – click here for the full article.
Weekly Roundup: Trump Up, Geopolitics (and Semiconductors) Down, Fed’s Next Rate Cut
This week’s news roundup covers several key topics:
- Trump Talk & Biden Tariffs Spook Tech Investors: Trump’s unsupportive comments about Taiwan and Biden’s potential export restrictions on China led to a sharp decline in semiconductor stocks like Nvidia and ASML.
- Trump Shooting and the Stock Market: Surprisingly, the market reached new highs following the incident involving Trump, indicating strong market optimism towards his policies.
- Fed Interest Rate Cut Coming Soon: With cooling inflation, a Fed rate cut is likely soon, benefiting sectors like homebuilding and car sales.
Read the full Weekly Roundup post here.
Insider Buys at Delta Air Lines
Willie CW Chiang, a Director at Delta Air Lines, Inc. ($DAL), purchased 10,000 shares at $43.90 each, totaling $439K, increasing his vested holdings by 71.2%. This follows Delta’s earnings announcement last week. Click here for the full InsiderEdge post, available daily in BBAE Discover.
BBAE Basics: The PE Ratio
BBAE CIO James Early explains the Price-to-Earnings (PE) ratio, the most common metric for stock valuation. He breaks down the PE ratio formula, highlights its importance, and discusses its limitations. Early explains how to use the PE ratio effectively, comparing it to company history and peers, and addresses its weaknesses by introducing alternatives like the Shiller PE and forward PE. This article offers a comprehensive guide for investors to navigate the complexities of the PE ratio and make informed decisions. Read the full article here.
Happy Investing,
Barry Freeman
CEO @ BBAE
This article is for informational purposes only and is neither investment advice nor a solicitation to buy or sell securities. All investment involves inherent risks, including the total loss of principal, and past performance is not a guarantee of future results. Always conduct thorough research or consult with a financial expert before making any investment decisions. Neither the author nor BBAE has a position in any investment mentioned.
