Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Equity Bottom-Up

AdvisorShares Pure US Cannabis ETF / Equity Bottom-Up

<ul>
<li>A bombed-out sector down 80% from the peak is worth another look</li>
<li>Weaker companies have exited the industry or have already gone under </li>
<li>The sector ETF has a good risk reward  with catalysts ahead</li>
</ul>


A bombed-out sector down 80% from the peak is worth another look
Weaker companies have exited the industry or have already gone under 
The sector ETF has a good risk reward  with catalysts ahead


Global Mobility/Transport, Equity Long-Short

Mohshin Aziz

Thematic (Sector/Industry)

<ul>
<li>There are many high dividend-yielding U.S. stocks. However, taxes on dividends are complex, qualified dividends max at 20%, non-qualified max at 37%, and foreigners max at 30%   </li>
<li>These high-yielding stocks appear unloved and didn't move much in tandem with the U.S. indexes, suggesting a potential laggard investment opportunity </li>
<li>If you have made your bounty from the market surge and looking for safe shelter among the laggards and dividend payers, the U.S. might just be the place for you </li>
</ul>


There are many high dividend-yielding U.S. stocks. However, taxes on dividends are complex, qualified dividends max at 20%, non-qualified max at 37%, and foreigners max at 30%   
These high-yielding stocks appear unloved and didn't move much in tandem with the U.S. indexes, suggesting a potential laggard investment opportunity 
If you have made your bounty from the market surge and looking for safe shelter among the laggards and dividend payers, the U.S. might just be the place for you 


Show Me The (Dividend) Money - Play on the U.S. High Dividend Yielding Stocks

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

<ul><li>Altria Group delivered a decent result managed to exceed analyst expectations in terms of earnings.</li><li>In the last quarter, the company demonstrated resilience and adaptability by navigating challenges in the tobacco industry while expanding its product portfolio.</li><li>The acquisition of NJOY marked a transformative step in Altria's journey toward Moving Beyond Smoking, reinforcing the company's commitment to alternative products.</li></ul>

Altria Group delivered a decent result managed to exceed analyst expectations in terms of earnings.In the last quarter, the company demonstrated resilience and adaptability by navigating challenges in the tobacco industry while expanding its product portfolio.The acquisition of NJOY marked a transformative step in Altria's journey toward Moving Beyond Smoking, reinforcing the company's commitment to alternative products.

Altria Group Inc.: From Traditional Tobacco to Modern Marvels – What Is Their Growth Strategy? - Key Drivers

<ul><li>It was a disappointing quarter for Altria Group as the company failed to meet the revenue expectations as well as the earnings expectations of Wall Street.</li><li>The resilience of their leading brands like Marlboro and Copenhagen is strong but it couldn’t help the company deliver revenues up to the mark.</li><li>Additionally, Altria saw the continued growth of Oral Nicotine Pouch products solidifying its position in the oral tobacco category.</li></ul>

It was a disappointing quarter for Altria Group as the company failed to meet the revenue expectations as well as the earnings expectations of Wall Street.The resilience of their leading brands like Marlboro and Copenhagen is strong but it couldn’t help the company deliver revenues up to the mark.Additionally, Altria saw the continued growth of Oral Nicotine Pouch products solidifying its position in the oral tobacco category.

Altria Group Inc.: Acquisition Of NJOY Holdings & Other Drivers

Equity Long-Short Analyst

Pyari Menon

<ul>
<li>The three companies we write about this week are <a href="https://www.smartkarma.com/entities/raytheon-technologies-corp" target="_blank" data-smartkarma-citation="entities:6453:1" rel="noopener">Raytheon Technologies (RTX US)</a><a href="https://www.smartkarma.com/entities/beiersdorf-ag" target="_blank" data-smartkarma-citation="entities:21588:1" rel="noopener">Beiersdorf AG (BEI GR)</a> and <a href="https://www.smartkarma.com/entities/king-slide-works-co-ltd" target="_blank" data-smartkarma-citation="entities:7130:1" rel="noopener">King Slide Works (2059 TT)</a> 
</li>
<li>For the twenty-six weeks since inception ended 19 May the combined innovation portfolio was +2.5%, versus DJIA-0.9%, S&amp;P500+5.7%, Nasdaq+13.6%, Russell2000 -4.1%, MSCI-ACWI-ETF+6.9%, S&amp;P midcap 400 -2.2%, all in US$ terms</li>
<li>Small-Cap (+4.1%) versus Russell2000 (-4.1%) and midcap (+1.9%) versus S&amp;P400 (-2.2%) continues to outperform benchmarks, but the omission of mega-tech names has hurt large-cap portfolio (+2.6%) versus S&amp;P500 (+5.7%) . </li>
</ul>


The three companies we write about this week are Raytheon Technologies (RTX US)Beiersdorf AG (BEI GR) and King Slide Works (2059 TT) 

For the twenty-six weeks since inception ended 19 May the combined innovation portfolio was +2.5%, versus DJIA-0.9%, S&amp;P500+5.7%, Nasdaq+13.6%, Russell2000 -4.1%, MSCI-ACWI-ETF+6.9%, S&amp;P midcap 400 -2.2%, all in US$ terms
Small-Cap (+4.1%) versus Russell2000 (-4.1%) and midcap (+1.9%) versus S&amp;P400 (-2.2%) continues to outperform benchmarks, but the omission of mega-tech names has hurt large-cap portfolio (+2.6%) versus S&amp;P500 (+5.7%) . 


The Innovations Portfolios - Week Twenty Six

United States

Altria Group, Inc. is a holding company.  The Company, through subsidiaries, manufactures and sells cigarettes and other tobacco products, including cigars and pipe tobacco.  Altria holds an interest in a brewery company.

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Altria Group (MO US)

MSOS – Going Higher!

A bombed-out sector showing good potential upside. The sector ETF offers good risk reward with catalysts on the horizon.

Rikki Malik

Show Me The (Dividend) Money - Play on the U.S. High Dividend Yielding Stocks

High dividend-yielding US stocks offer potential investment opportunities, despite complex dividend taxes and lack of movement with US indexes....

Mohshin Aziz

Altria Group Inc.: From Traditional Tobacco to Modern Marvels – What Is Their Growth Strategy? - Key Drivers

Altria Group delivered a decent result managed to exceed analyst expectations in terms of earnings. In the last quarter, the company demonstrated...

Baptista Research

Altria Group Inc.: Acquisition Of NJOY Holdings & Other Drivers

It was a disappointing quarter for Altria Group as the company failed to meet the revenue expectations as well as the earnings expectations of...

Baptista Research

The Innovations Portfolios - Week Twenty Six

The small-Cap (+4.1%) and midcap (+1.9%) portfolios continues to outperform respective benchmarks, but the willful omission of mega-tech names has...

Pyari Menon

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

MSOS – Going Higher!

​A bombed-out sector showing good potential upside. The sector ETF offers good risk reward with catalysts on the horizon.

Rikki Malik

Show Me The (Dividend) Money - Play on the U.S. High Dividend Yielding Stocks

​High dividend-yielding US stocks offer potential investment opportunities, despite complex dividend taxes and lack of movement with US indexes....

Mohshin Aziz

Altria Group Inc.: From Traditional Tobacco to Modern Marvels – What Is Their Growth Strategy? - Key Drivers

Altria Group delivered a decent result managed to exceed analyst expectations in terms of earnings. In the last quarter, the company demonstrated...

Baptista Research

Altria Group Inc.: Acquisition Of NJOY Holdings & Other Drivers

It was a disappointing quarter for Altria Group as the company failed to meet the revenue expectations as well as the earnings expectations of...

Baptista Research

The Innovations Portfolios - Week Twenty Six

The small-Cap (+4.1%) and midcap (+1.9%) portfolios continues to outperform respective benchmarks, but the willful omission of mega-tech names has...

Pyari Menon

A bombed-out sector showing good potential upside. The sector ETF offers good risk reward with catalysts on the horizon.

High dividend-yielding US stocks offer potential investment opportunities, despite complex dividend taxes and lack of movement with US indexes....