Daily Briefs

• Gold prices have staged a convincing long-term upside breakout against a backdrop of skepticism, which is contrarian bullish.
• Point and figure charts indicate a measured objective of 2576 over a probable 6–18-month time horizon and a measured objective of 3372 over a probable 3–5-year time frame.
• Gold mining stocks are cheap relative to gold and could offer even more upside potential on an intermediate- and long-term basis.

• This is our first report on internet information and services provider, Ziff Davis.
• The company has projected an optimistic growth outlook for 2024 as it reported a solid fourth quarter performance for the fiscal year of 2023.
• The company’s CEO, Vivek Shah expressed his confidence over the company’s business set up for notable growth in 2024 provided the depreciation 1.4% over the last two years.

• Hershey stock trading at 52-week low, making it attractive investment opportunity
• Drop in 10-year treasury yield making dividend-paying companies like Hershey more appealing to investors
• Challenges from new weight loss drugs affecting consumer appetite, but temporary dip creating discounted buying opportunity for strong brand

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• This is our first report on cloud-based solutions provider, Alarm.com.
• The company posted robust fourth quarter and full-year results for 2023 that surpassed expectations.
• The company’s software-as-a-service (SaaS) and license revenue reached $148.3 million in Q4, reflecting a 10.3% increase compared to the previous year.

• SPAC Activity returned to full pace in the past week, with several deals being announced, including with a Sustainable Fuels Maker and a Gold Producer from South Africa.
• Also, Trump tried to sell his stake in his social media company to Elon Musk as his SPAC deal stalled, and Fisker could be the latest EV De-SPAC to run out of cash. Read on to find out the latest about all things SPACs. 

• Sustainable Aviation Fuel (SAF) and clean biofuels producer XCF Global Capital is merging with SPAC BH3 Acquisition, in a deal valuing the combined company at $1.84 billion. 

• This is our first report on Vishay Intertechnology, a renowned manufacturer of semiconductors and electronic components.
• In the last quarter, the company disclosed revenues of $785.2 million, within the guidance range of $770 million to $810 million.
• Notably, the lower industry demand was led by higher levels of finished goods inventories.

• This is our first report on FormFactor Inc., a leader in the semiconductor industry known for providing necessary equipment for the testing and measurement of chips before they hit the market.
• The company recently reported their fourth quarter 2023 earnings.
• FormFactor has achieved a consistent performance throughout the past year with CEO, Mike Slessor, confirming top-line results to be steady across the four quarters.

• This is our first report on Belden, a networking, connectivity, and cable products player.
• The company experienced high revenue and EPS in Q4 2023, both exceeding previous guidance.
• The solutions transformation has been cited as driving incremental demand and margin expansion.

• This is our first report on broadband and communications provider, Viasat Inc.
• The company’s financial results for Q3 FY24 in the conference call were highlighted by strong revenue and adjusted EBITDA growth.
• The company reported a year-over-year revenue increase of 73%, reaching $1.1 billion.

• This is our first report on high-speed connectivity solutions provider, Credo.
• The company reported Q3 FY24 earnings, with revenue at $53.1 million and non-GAAP gross margin at 62.2%.
• Credo’s results and future growth expectations are being fueled by the growing market for high-speed, energy-efficient connectivity solutions in data infrastructure.