March 24, 2022, Thursday
1:30 PM – 3:30 PM PHT...
Read MoreFolks in finance often use the phrase “cash is king.”
These three words are used to describe different financial concepts, from a belief that cash is more valuable than other investment tools to an emphasis on cash in analyzing businesses to the importance of cash flow for the overall health of a business....
Read MoreCME Group Inc. (CME) currently trades above corporate and near recent averages relative to Uniform earnings, with a 33.9x Uniform P/E (Fwd. V/E’)....
Read MoreTWTR – No CDS, Base Case iCDS 55bps
Negative Case iCDS 82bps, 2027 3.875% Bond YTW of 3.628%, iYTW of 2.098%
Ba2 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens
Low Refinancing Need...
Read MoreDelta Air Lines (DAL) currently trades at a premium to Uniform assets, with a 1.6x Uniform P/B (V/A’)...
Read MoreThe TJX Companies, Inc. (TJX) currently trades near corporate and above historical averages relative to Uniform earnings, with a 25.0x Uniform P/E (Fwd. V/E’)....
Read MoreFeatured Top Idea
CPB – Campbell Soup Company
Avoid 2023 3.650% Bonds CUSIP: 134429BE8 (1.193% YTW, 2.763% iYTW)
Avoid 2025 3.950% Bonds CUSIP: 134429BF5 (1.760% YTW, 3.100% iYTW)
Avoid 2025 3.300% Bonds CUSIP: 134429BA6 (1.765% YTW, 3.075% iYTW)...
QUALCOMM (QCOM) currently trades below corporate and near historical averages relative to Uniform earnings, with a 17.0x Uniform P/E (Fwd. V/E’)...
Read MoreEach week, the Valens Research team highlights our most interesting insights from across our tools and our analysis, including individual company, industry, and macro insights. Top Highlight: STZ – Constellation Brands Other Highlights: ACN, HLLY, NKE...
Read MoreCostco (COST) currently trades above corporate averages and at a historical high relative to Uniform earnings, with a 37.2x Uniform P/E (Fwd. V/E’)....
Read MoreIntuit Inc. (INTU) currently trades above corporate averages and at a historical high relative to Uniform earnings, with a 49.8x Uniform P/E (Fwd. V/E’)...
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