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3 Value Stocks to Add to Your Buy List in January

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High inflation and subsequent interest rate hikes have put immense pressure on the stock market. However, cooling prices have raised investor confidence. Therefore, this could be the right time to scoop up quality stocks Mosaic Company (MOS), Ryerson Holding (RYI), and VEON Ltd. (VEON), which are currently trading at attractive valuations. Read on….


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A year after the Feds’ aggressive interest rate hikes to curb sky-high inflation, the Consumer Price Index (CPI) for December increased 6.5% year-over-year. It decreased 0.1% over the prior month, slowing for the sixth consecutive month. This raised investor confidence, signaling that the Fed’s rate hikes are having the intended effect.

However, since the current inflation rate is still far more than the target, the central bank has given indications of continuing hikes at a slower pace until inflation falls below 2%. Post CPI report, the market is pricing a 0.25 percentage point rate increase next month.

Amid the toxic mix of the Fed’s hawkish stance, geopolitical tensions, and the shadow of a recession, the stock market slumped last year. As a result, investors seem more inclined to invest in cheaper stocks.

Evidently, over the past three months, the S&P 500 Value ETF (SPYV) grew by 17%, outperforming the S&P 500 Growth ETF’s (SPYG) 5.6% gains over the same period.

Jay Hatfield, chief executive officer at Infrastructure Capital Advisors in New York, said, “We do believe that value names will outperform this season as those companies tend to be much more domestically focused and are benefiting from the pandemic recovery.”

Therefore, quality value stocks The Mosaic Company (MOS), Ryerson Holding Corporation (RYI), and VEON Ltd. (VEON) might be solid buys in January.

The Mosaic Company (MOS)

MOS and its subsidiaries manufacture and sell concentrated phosphate and potash crop nutrients globally. The company operates through its three broad segments of Phosphates; Potash; and Mosaic Fertilizantes.

On January 13, MOS announced that it had sold Streamsong Resort to Lone Windmill LLC, a Kemper Sports Management LLC subsidiary, for $160 million. The company intends to use the proceeds for funding for its global community investment activities and general corporate purposes.

In December, MOS declared a quarterly dividend of $0.20 per share on its common stock, payable to shareholders on March 16, 2023. This reflects the cash generation ability of the company.

In terms of forward non-GAAP P/E, MOS is trading at 3.98x, which is 71.4% lower than the 13.92x industry average. The stock’s forward EV/EBIT multiple of 3.63 is 66.7% lower than the industry average of 10.91, while its forward EV/EBITDA multiple of 3.03 is 60.3% lower than the industry average of 7.63.

MOS’ net sales increased 56.5% year-over-year to $5.35 billion in the fiscal third quarter that ended September 30, 2022. Net earnings attributable to MOS increased 126.3% year-over-year to $841.70 million.

In addition, adjusted net income per share attributable to MOS increased 138.5% year-over-year to $3.22, while its adjusted EBITDA increased 74% year-over-year to $1.69 billion.

Analysts expect the company’s EPS and revenue for the fiscal fourth quarter (ended December 2022) to grow 20.2% and 12.2% year-over-year to $2.34 and $4.31 billion, respectively.

The stock has gained 2.9% over the past six months to close the last trading session at $46.32. It has gained 2.3% over the past month.

MOS’ POWR Ratings reflect this promising outlook. The company has an overall B rating, which translates to Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.

It has an A grade for Value and a B for Growth and Quality. Within the Agriculture industry, it is ranked #9 out of the 28 stocks.

We’ve also rated MOS for Sentiment, Momentum, and Stability. Click here to see all the POWR Ratings of MOS.

Ryerson Holding Corporation (RYI)

RYI and its subsidiaries process and distribute industrial metals in the United States, Canada, Mexico, and China. It offers various products in carbon steel, stainless steel, alloy steel, aluminum, nickel, and red metals in different shapes and forms.

On November 1, 2022, RYI announced the acquisition of Excelsior, Inc, a full-service fabrication and machining company with advanced processing capabilities. Steve Bosway, RYI’s President, West Region, said, “This acquisition strengthens RYI’s network of value-added service centers, allowing us to provide better experiences and an extended suite of metal processing solutions for customers in the Western United States.”

On November 2, 2022, RYI declared a quarterly cash dividend of $0.16 per share of common stock that was payable on December 15, 2022. This reflects the company’s ability to pay back its shareholders.

RYI’s forward non-GAAP P/E multiple of 2.79 is 80% lower than the industry average of 13.92. The stock’s forward EV/EBIT multiple of 3.24 is 70.3% lower than the industry average of 10.91, while its 0.31x forward EV/Sales is 80.1% lower than the industry average of 1.54x.

RYI reported net sales of $1.54 billion in the fiscal third quarter that ended September 30, 2022. Net income attributable to RYI increased 10.9% year-over-year to $55.10 million, while its adjusted earnings per share stood at $1.48.

Street expects RYI’s revenue to increase 10.2% year-over-year to $6.25 billion in the fiscal year ended December 2022. Its EPS is expected to increase 59.1% year-over-year to $11.87 in the same year. Also, the company surpassed EPS and revenue estimates in three of the four trailing quarters.

The stock has gained 49.5% over the past six months to close the last trading session at $33.12. It has gained 13.5% over the past month.

It is no surprise that RYI has an overall B rating, which translates to Buy in our proprietary rating system.

RYI has an A grade for Value and a B for Quality. Within the Industrial – Metals industry, it is ranked #7 out of 37 stocks.

In addition to the POWR Ratings mentioned above, to see RYI ratings for Growth, Momentum, Sentiment, and Stability, click here.

VEON Ltd. (VEON)

Headquartered in Amsterdam, the Netherlands, VEON and its subsidiaries provide mobile and fixed-line telecommunications services. It offers voice, data, and other telecommunication services.

On December 15, 2022, VEON and Turkcell Iletisim Hizmetleri A.S. (TKC) announced their collaboration to enable 194 million mobile users in Pakistan to get access to TKC’s BiP App’s Media, Messaging, and Instant Translations. This might benefit the company.

On November 24, VEON announced the launch of a scheme of arrangement in England via the issuance of a Practice Statement Letter to extend the maturity of the 5.95% notes due February 2023 and 7.25% notes due April 2023 issued by the company by eight months from their respective maturity dates.

In terms of its forward EV/Sales, VEON is trading at 1.37x, 28% lower than the industry average of 1.90x, while its forward non-GAAP P/E multiple of 1.49 is 91.3% lower than the industry average of 17.12x. The stock’s forward EV/EBIT multiple of 7.14 is 53.1% lower than the industry average of 15.21.

VEON’s total operating revenue came in at $2.08 billion for the fiscal third quarter that ended September 30, 2022, up 3.6% year-over-year. Its operating profit increased 22.5% year-over-year to $506 billion, while its total adjusted EBITDA came in at $890 million, up marginally year-over-year.

Analysts expect VEON’s revenue and EPS for the fiscal year ending December 2023 to increase 4% and 10.3% year-over-year to $9.21 billion and $0.43, respectively.

The stock has gained 75.8% over the past three months to close the last trading session at $0.58. Moreover, it has gained 38.1% over the past month.

VEON’s strong fundamentals are reflected in its POWR Ratings. It has an overall A rating, which equates to a Strong Buy in our proprietary rating system.

VEON has an A grade for Value and a B for Growth, Stability, and Quality. It is ranked first among the 46 stocks within the A-rated Telecom – Foreign industry. Click here for additional VEON ratings (Momentum and Sentiment).


MOS shares were unchanged in premarket trading Monday. Year-to-date, MOS has gained 5.58%, versus a 4.20% rise in the benchmark S&P 500 index during the same period.


About the Author: Sristi Suman Jayaswal

The stock market dynamics sparked Sristi’s interest during her school days, which led her to become a financial journalist. Investing in undervalued stocks with solid long-term growth prospects is her preferred strategy.Having earned a master’s degree in Accounting and Finance, Sristi hopes to deepen her investment research experience and better guide investors.

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Entrepreneurship

3 Ways to Boost Confidence

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“As a business owner, you’re going to face all sorts of challenges,” says business development consultant and Entrepreneur magazine writer Terry Rice. “But a lack of confidence will tank your chances of success faster than any real obstacle.”

So how do you shake off imposter syndrome when you’re attempting something new? Here are three ways to boost your confidence.

1. Realize confidence comes from past experiences, not pep talks. You don’t need motivational posters to remind yourself about what you can do. Jot down ten challenges that you’ve already won. Keep this list handy to remind yourself of what you’ve already accomplished and why you can take on new challenges.

2. Stop worrying about other people’s opinions. Most people are either rooting for you or ignoring you, so just focus on getting 1% better every day.

3. Learn to see failure as data. Think of every project, pitch, or sales call as an experiment. You’re testing something out, and if it works, great. If not, you’ve learned something and can improve your approach going forward.

Related: 60-Second Tip on Getting More Productive

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Entrepreneurship

Layoffs Abound, But These Major Companies Are Still Hiring

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This year started off with massive layoffs — from Big Tech to real estate and beyond.

But it’s not all bad news.

Though many industries continue to brace for more job cuts, some of the most well-known companies are still hiring, per Insider.

Related: These Are the 2 Reasons Apple Has Avoided Mass Layoffs So Far

Economists remain optimistic about the 2023 job market, CNBC reported, noting that blue-collar workers may have more job security than white-collar employees. ZipRecruiter chief economist Julia Pollak told CNBC that despite headlines about mass layoffs, many companies “are starved for talent and leaving money on the table because they can’t run at full capacity.”

Related: Layoffs Affecting 1,600 Tech Workers a Day on Average in 2023

See Insider’s full list of hiring companies and the number of jobs they’re looking to fill below.

Chipotle: 15,000 jobs

Boeing: 10,000 jobs

United Airlines: 2,500 jobs

Airbus: 13,000 jobs

Alaska Airlines: 3,500 jobs

Bloomberg: 1,000 jobs

Moderna: 2,000 jobs

Palantir Technologies: A few hundred jobs

Binance: 15%-30% workforce increase

Hudson Tunnel Project: 72,000 jobs

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6 Ways to Celebrate Black History Month beyond February

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Opinions expressed by Entrepreneur contributors are their own.

Celebrating Black History Month is a great way to honor the significant contributions African Americans have made throughout history. However, to create a truly equitable workplace and ensure that our employees feel seen, heard and valued daily, it’s essential to recognize Black history as an integral part of American history throughout the year.

Research shows that workplace diversity positively impacts employee engagement and productivity. In other words, creating an environment of inclusivity for all employees isn’t just the right thing to do, but it also makes good business sense. An authentic celebration of Black heritage throughout the year can help companies foster understanding and empathy among coworkers from different backgrounds. Such a celebration also allows employees to learn more about their colleagues’ experiences, promoting a deeper sense of community and understanding.

Related: It’s Black History Month. Here’s How to Show Black Employees You Care.

By recognizing Black history all year long, companies can show their employees they care while demonstrating a commitment to creating an environment where everyone feels seen, heard, valued and respected. Celebrating Black culture is one way to ensure all employees feel included in the workplace, no matter what month it is.

Here are six ways to be a better ally and celebrate Black History Month beyond February:

1. Celebrate authentic Black history and culture

Make sure that all employees have access to accurate and current information about the African-American experience and contributions throughout history. Encourage employees to learn more about the accomplishments of African Americans in a variety of fields — from science and engineering to art, music and literature.

How to implement it: Provide employees with a list of books, movies and articles by African Americans that tell the stories of African Americans throughout history. As opposed to non-African Americans telling the stories about African Americans (which has been the norm for too long).

Related: Be Intentional About Diversity

2. Plan authentic events

Celebrate Black History Month by planning events that make meaningful connections to the African-American experience. Invite guest speakers to share their unique perspectives on Black success stories and create opportunities for employees to engage in dialogue about important topics such as race, identity and inclusion.

How to implement it: Engage in an open dialogue with employees about the types of events they would like to participate in, such as movie screenings, group discussions and panel talks. Use their input to plan engaging activities focusing on Black culture and history.

Related: Here’s the No. 1 Question White Leaders Ask Me About Black History Month

3. Show authentic support

Show employees that their contributions are seen and valued by celebrating their success throughout the year. From recognition awards to career advancement opportunities, ensure you’re actively engaging with all of your employees so they know their work is appreciated.

How to implement it: Highlight employee achievements in company newsletters and recognize them at team meetings. These small gestures can go a long way in making your workplace more inclusive for everyone!

4. Host educational events

Consider hosting educational events such as lectures, workshops and brown bag lunches that focus on learning more about the roots of Black history in America. Provide professional development resources and opportunities for employees to engage in meaningful conversations around race, culture, and inclusion.

How to implement it: Invite experts in the fields of African American studies or Civil Rights to speak to employees about the history and legacy of Black people in America.

5. Incorporate inclusive resources into training

Include inclusive language, images, historical facts, etc., into all existing workplace diversity curriculums and training materials. Such a universal approach will help employees become more aware of the impact that race, gender and ethnicity have on daily workplace interactions.

How to implement it: Incorporate examples from Black history into existing diversity training materials such as videos, readings, and case studies. Ask employees for feedback about which resources would be most useful for learning more about Black history and culture.

6. Develop authentic mentorship programs

Invest in mentorship programs focusing on developing collaborations between African American employees and their colleagues of other ethnic backgrounds. Establish safe spaces where everyone can share their experiences openly and without judgment.

How to implement it: Create an inclusive environment through team-building exercises, cross-cultural conversations and networking events. Facilitate dialogue among employees of different backgrounds and encourage them to share their insights and ideas.

Celebrating Black History Month is an important way to remind everyone of the contributions African Americans have made to our society over the last several hundred years. Yet it’s also important that we recognize these achievements throughout the year in the workplace. By incorporating authentic resources into the workplace, employers can create a more inclusive atmosphere for all employees — no matter what month it is.

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