SPDW News and Press, SPDR Portfolio Developed World ex-US From 06/03/22

I provide a brief background of InMode and its company's operations, and also the recent sell-off of InMode stock. I explain why investing in InMode could be a good decision at its current valuation by analyzing the company's prospects and historical financial performance. I concl...

Bausch Health has seen a very tough 2022 as investors price in higher interest rates on its massive debt load and softer IPO of its subsidiary Bausch + Lomb. These are not encouraging trends, but the valuation reset has been enormous, potentially creating an opportunistic investment o...

Cenovus set the benchmark for how all E&Ps should report the capital return policy. With elevated refining margins, CVE will likely outperform on its free cash flow this year, resulting in more share buybacks or a higher variable dividend. Technically, CVE has recently broken ...

As uranium prices have increased of late, this has allowed Cameco to raise its 2022 guidance by 14% to $1.9 billion at the high end. Cameco's cash flows this quarter were very strong. Cameco is priced at approximately 5x this year's sales. Clearly interesting, if one embraces the ...

Estimated fair value of $32, with $444 million free cash generated in FY2021 and a very strong balance sheet. Large catalog of tier-1 assets, with long lives, excellent costs, and located in stable areas. Slated mine extension projects, adding 14% in gold reserves in FY2021, with ...

EMS leader Flex’s exposure to high-growth markets should ensure a strong revenue outlook through 2025. With margins also moving higher on mix benefits and cost discipline, earnings should also ramp up in the coming years. At current levels, the stock has largely discounted ...

According to a recent report released by the OECD, the Russian invasion of Ukraine, if prolonged, could knock 1.1 percentage points off the global GDP for 2021, while increasing global inflation by 2.5 percentage points over an already lofty inflation level. The damage won’t be...

VGK provides exposure to a basket of European equities. The fund is well-diversified both across sectors and issuers. It can therefore be used as part of a broader portfolio strategy to get targeted exposure to European economies. VGK is cheaper than a plain vanilla S&P 500 ET...

US valuations remain very high despite a recent selloff across the market cap spectrum. Developed foreign markets retreated to reasonable PE10 levels. Emerging market valuations have not budged much even with a more than 20% drop since February 2021. For further details see:...

We see the Ukraine war reducing global growth, increasing inflation and putting central banks in a bind. We prefer developed stocks in the inflationary backdrop. Stocks led by European equities bounced from 2022 lows last week, as oil prices came off highs. The European Central Bank a...