Stifel Nicolaus Remains a Buy on Jamieson Wellness Inc (JWEL)
analyst Justin Keywood maintained a Buy rating on Jamieson Wellness Inc (JWEL – Research Report) today and set a price target of C$42.00.
Protect Your Portfolio Against Market Uncertainty
Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Keywood covers the Healthcare sector, focusing on stocks such as Knight Therapeutics, Andlauer Healthcare Group, and Cipher Pharmaceuticals. According to TipRanks, Keywood has an average return of -8.1% and a 38.20% success rate on recommended stocks.
Currently, the analyst consensus on Jamieson Wellness Inc is a Strong Buy with an average price target of C$41.60.
JWEL market cap is currently C$1.3B and has a P/E ratio of 24.99.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
41 minutes ago
- Yahoo
Energy Deal Creates Technical Bullish Signal for Meta Platforms Stock (META)
From a fundamental perspective, social media and technology juggernaut Meta Platforms (META) recently made a compelling case for long-term investment. Meta recently entered into a 20-year power purchase agreement with Constellation Energy's (CEG) Clinton nuclear plant in Illinois. Primarily, the deal will help Meta manage its energy costs, a core component of its forward growth strategies. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Indeed, artificial intelligence has emerged as one of the top priorities in the tech ecosystem. However, generative AI comes at a significant cost: substantial power consumption. In 2023, the power required to support AI deployment was estimated at 1 gigawatt. Experts believe that this rate will increase sevenfold to tenfold in the next two years, thus underscoring the criticality of Meta's energy deal. I too am bullish on META, but for different reasons. Market narratives aren't always reliable indicators of future valuations. Even as sentiment around Meta remains largely optimistic, analysts are actively revising their forecasts. While the majority maintain a bullish stance, the consensus price target suggests a degree of caution. For traders focused on near-term gains, compelling narratives alone don't offer enough concrete data for decision-making. In these cases, speculators often rely more on empirical, quantitative indicators to inform their strategies. When investors turn to financial publications, they're not simply looking for recycled narratives—they're in search of opportunities, specifically cases where the market may have mispriced certain stocks. To uncover these discrepancies, investors often turn to fundamental and technical analysis. While these methods can provide helpful context and short-term guidance—helping frame potential entry and exit points—they fall short of offering true empirical precision. The core issue lies in the problem of non-stationarity: over time, the metrics and benchmarks used for analysis can shift significantly due to changing market conditions and sentiment cycles, undermining their long-term reliability. For example, META stock recently closed near the $700 level. Five years ago, the equity could be bought for around $230. And a decade ago, META was priced at around $117. Attempting to conduct meaningful statistical analyses, such as price clustering, would be impossible given the significant disparity in share prices. Similarly, it's challenging to make valuation assessments on META stock. One could note that the equity trades at over 27x earnings. However, there's no first-order principle that this metric means anything. Furthermore, a range of catalysts — including business expansion, industry transitions, share dilution, and buybacks — can alter this ratio. Subsequently, comparisons across time aren't meaningful due to the shifting framework. To conduct an empirically sensible analysis, one must impose stationarity on the dataset, and that's where market breadth comes into play. At its core, market breadth is the pattern of accumulation and distribution. Another way of looking at market breadth is that it represents demand, and demand is a binary concept — it's either happening or it's not. Plus, from a statistical standpoint, demand is a discrete event that is easily categorizable and quantifiable across time. Stated differently, a market breadth profile that occurred several years ago remains relevant to the same profile that is currently in effect. That's the benefit of compressing — or abstracting to use the proper lexicon — price discovery into a binary code: analysts can develop probability matrices, focusing on how one demand profile (or behavioral state) transitions to another. With META stock, in the past two months, the security printed a '7-3-U' sequence: seven up weeks, three down weeks, with a net positive trajectory across the 10-week period. Notably, in 58.25% of cases, the following week's price action results in upside, with a median return of 2.59%. If the implications of the 7-3-U sequence materialize as projected, META stock could potentially reach $715.78 in short order, possibly within a month. Should the bulls maintain control of the market, the optimists could attempt to drive the share price to $723 over the next three weeks. Primarily, the setup incentivizes a bullish posture because of the baseline probability. On any given week, the chance that META stock will rise is 55.51%, which is a decent upward bias. However, the 7-3-U sequence adds a couple of percentage points to the odds in favor of the bullish speculator. In the open market, a 3% gain or so isn't really going to move the needle. However, with the leverage of multi-leg options strategies, relatively incremental gains can turn into significant payouts. For those who want to take a more aggressive approach while staying within the realm of rationality, the 710/715 bull call spread, expiring June 27, is offering value. This transaction involves buying the $710 call and simultaneously selling the $715 call, for a net debit paid of $210. Should META stock rise through the short strike price at expiration, the maximum reward is $290, which translates to a payout of over 138%. What makes this trade so enticing? As specified earlier, the statistical response to the 7-3-U is generally to the upside. Should META stock rise, the median return is 2.59%. Of course, the actual result could be higher or lower. If the median performance materializes, META could soon be priced near $716. Therefore, a $710 price target provides a certain level of 'safety' margin. Notably, the market makers are offering a 138% payout, which suggests that they don't expect META stock to rise significantly from here. Most likely, they believe that the good news is priced in. Among professional market analysts, META stock carries a Strong Buy consensus rating based on 42 Buys, three Holds, and one Sell rating. The average META stock price target is $698.07, implying a marginal upside potential of less than 1% over the coming 12 months. If you're looking to invest in Meta Platforms, the company's recent energy deal offers a strong long-term narrative. However, if your goal is to trade META stock for shorter-term gains, you'll need more actionable, data-driven insights. In that case, statistical analysis may be a better approach, providing the required empirical rigor to identify high-probability opportunities. Disclaimer & DisclosureReport an Issue Sign in to access your portfolio
Yahoo
3 hours ago
- Yahoo
Joby Aviation Stock (JOBY) Takes Flight Upon Donald Trump's Executive Order
On Friday, June 6th, President Trump signed an Executive Order to 'unleash American drone dominance,' which included directing the Transportation Department to develop an Electric Vertical Takeoff and Landing (eVTOL) program to accelerate eVTOL operations in the U.S. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Aside from confirming the specter of space-age technology making its way onto American streets, as foreshadowed by content creators for generations, leading electric aircraft manufacturer Joby Aviation (JOBY) stands well-positioned to capitalize fully on the evolving opportunity. The company has been making headlines with major partnership announcements and impressive funding rounds. After analyzing recent developments and financial performance, I am bullish on the space and Joby Aviation's potential. Joby Aviation is playing a leading role in the transformation of the aviation industry through the development of electric vertical takeoff and landing (eVTOL) aircraft. The global eVTOL market was valued at approximately $760 million in 2024 and is projected to grow significantly, reaching an estimated $17.34 billion by 2035. Beyond aircraft manufacturing, Joby is building a comprehensive ecosystem that includes pilot training initiatives and proprietary dispatch software. This vertically integrated approach may offer substantial competitive advantages if executed effectively. While the company operates in a competitive landscape with peers such as Archer Aviation (ACHR) and EHang (EH), strategic partnerships—including a manufacturing collaboration with Toyota and operational agreements with Delta Air Lines—enhance its credibility. Additionally, contracts with the U.S. Department of Defense further diversify potential revenue streams and support the broader validation of its technology across both commercial and government sectors. Joby has been on a notable run lately, with shares climbing over 22% in the past month, thanks to several major announcements that have investors excited. One of the most significant catalysts came in May when Toyota made a substantial $250 million investment in the company, becoming Joby's largest shareholder in the process. Toyota's involvement brings decades of production expertise and operational know-how that could prove invaluable as Joby scales from prototype to mass production. Following that, Joby signed a memorandum of understanding with Saudi Arabia's Abdul Latif Jameel to explore a potentially massive $1 billion distribution deal. If finalized, this could represent a significant international expansion opportunity, with up to 200 Joby aircraft potentially deployed across Saudi Arabia. Perhaps most importantly for long-term prospects, Joby has been making steady progress through the complex Federal Aviation Administration certification process. The company recently advanced to the final phase of FAA type certification. It became the first electric vertical takeoff and landing (eVTOL) company to conduct routine pilot-on-board transition flights. This regulatory progress is crucial because it directly impacts when Joby can begin commercial operations and start generating meaningful revenue. The recent White House directive may be enough to help get these birds airborne even sooner. Joby's first-quarter net loss narrowed to $82 million from $95 million in the prior year, and the company beat earnings expectations by $0.07 per share. While cash burn continues, the trajectory suggests management is making progress on cost control as the company approaches its commercial launch. Further, its robust balance sheet is a key selling point. The company ended the first quarter of 2025 with $813 million in cash and short-term investments. The recent Toyota investment, combined with an additional $500 million commitment from the automaker, significantly strengthens this position. This financial cushion is particularly important given that Joby is still in the pre-revenue phase of its development. The company is projecting a cash burn of $500 million to $540 million in 2025, highlighting the significant capital requirements of introducing an entirely new form of transportation to the market. The current war chest provides roughly 1.5 years of operational runway at current spending levels. Even better, Joby carries zero debt, giving it tremendous financial flexibility as it works toward commercialization. The market opportunity, while potentially massive, remains largely theoretical. Consumer acceptance of air taxi services remains unproven, and regulatory frameworks for urban air mobility are still evolving. Yet, analysts following the company remain cautiously optimistic. Joby Aviation is rated a Moderate Buy overall, based on the most recent recommendations of seven analysts. Their 12-month average price target for JOBY stock is $8.86, representing a 4% downside from current levels over the next 12 months. However, various analysts are likely to shift their positions towards a more bullish stance once the full impact of Donald Trump's executive order is assimilated by market participants. Cantor analyst Andres Sheppard remains optimistic, recently reiterating an Overweight rating for JOBY stock with a $9 price target. He notes the company's strong liquidity and strategic partnerships with Toyota, Delta Air Lines, and the Department of Defense, which position JOBY as a leading contender in commercializing eVTOL technology. H.C. Wainwright's Amit Dayal shares a similar positive outlook, particularly following Toyota's significant $250 million investment aimed at supporting Joby's development efforts. Dayal anticipates a pivotal year in 2025 for the eVTOL industry, with milestones expected in certifications and piloted flights. The expectation is for Joby to produce 25–30 eVTOL units by the end of next year, with substantial revenue growth projected, reaching over $1 billion by 2029. Dayal also maintains a Buy rating with a $9 price target. Joby Aviation is a compelling investment opportunity in an embryonic industry poised to commercialize urban air transportation. The promise of flying cars, envisioned by countless visionaries over the past 100 years, is now becoming a reality, albeit gradually. JOBY has secured impressive partnerships, maintains a strong balance sheet, and is making meaningful progress toward commercialization. The company is poised to transition from an ambitious startup to a commercial aviation company. Key milestones to watch include progress on FAA certification, formalization of the Saudi Arabia partnership, and updates on manufacturing scale-up. The future of flight is here, and I am pretty bullish on the eVTOL space and the current market leaders, such as Joby, who are making it a reality. Disclaimer & DisclosureReport an Issue Sign in to access your portfolio
Yahoo
4 hours ago
- Yahoo
Why Qualcomm's (QCOM) Long-Term Prospects Shine, Even if the Stock Doesn't
Qualcomm (QCOM) has underperformed over the past year, declining 26%, primarily due to macroeconomic factors rather than internal company mechanics. Although the company's fundamentals remain very solid, it has faced some headwinds, such as concerns that its business is too concentrated on Apple (AAPL) for modem revenue, despite its broader operations still being more rooted in the Android ecosystem. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Still, that doesn't stop me from seeing the stock as a long-term Buy—especially since my bullishness comes from Qualcomm's key competitive advantage: its ability to build the Snapdragon platform, which integrates a modem, CPU, and even a GPU chip—something no other competitor can currently match. This positions the company to tap into new business opportunities that could help offset its current customer concentration. Beyond that, Qualcomm's asset-light model allows it to generate very high returns on its investments, highlighting its operational efficiency, strong financial health, and consistent value creation for shareholders. This helps justify the company trading at a slightly stretched valuation when considering its operational profits relative to enterprise value. When looking for value stocks, one of the most important factors—if not the most important—is a company's ability to generate consistent earnings. Examining QCOM's balance sheet reveals a capital-light, high-margin model driven by intellectual property (IP) and characterized by heavy investment in research and development (R&D). As a fabless semiconductor company, Qualcomm relies on external manufacturing partners such as TSMC (TSM) and Samsung (SSNLF) for chip production. Notably, only approximately 7% of its $55.3 billion in total assets is allocated to property, plant, and equipment (PP&E), which is relatively low compared to the industry average. This underscores the efficiency of its asset-light business model and the minimal physical infrastructure required to support its operations. Roughly 18% of its assets are classified as goodwill, indicating a strong track record of acquisitions, which is clearly part of its strategy to acquire intellectual property (IP) or talent rather than build everything in-house. One recent example is the $2.4 billion acquisition of the UK-based semiconductor firm Alphawave. Additionally, approximately 12% of Qualcomm's total assets are tied to IP licensing and chip design. That makes sense, given its dominant position in the Android smartphone chip market, especially in the high-end segment with its Snapdragon lineup. Given that around 37% of Qualcomm's total assets are intangible, it's worth considering the company's actual operational efficiency once these intangibles are excluded. To gain a clearer picture, it is sensible to examine how Qualcomm allocates its limited tangible capital to generate profits. Over the past twelve months, Qualcomm produced an operating profit of $12.3 billion. During the same period, its net working capital was approximately $2.7 billion, and its invested capital—mainly property, plant, and equipment, and other intangibles—totaled roughly $8.28 billion. Dividing the operating profit by this invested capital plus working capital yields an eye-catching ~112% return on capital (ROC). That kind of number highlights Qualcomm's exceptional operational efficiency, something typically only seen in asset-light, IP-driven tech or software companies. For context, most of these firms operate with a return on capital (ROC) well below 50%. In short, despite a balance sheet loaded with intangibles, Qualcomm proves that it's highly efficient with the real capital it uses. And that translates into three key advantages: sustainable value creation, a durable competitive moat, and stronger financial flexibility. Even a company with a high return on capital isn't necessarily a buy—not if you're overpaying for it. That's why it's vital to assess operating profitability in relation to the company's total valuation, not just traditional P/E or P/B metrics. One way to do this is by comparing operating profit to enterprise value (EV), which reflects what the market is actually paying for the entire business. In Qualcomm's case, we can measure this by dividing its operating profit by its enterprise value (EV). Over the last twelve months, Qualcomm generated $12.3 billion in operating profit, while its current enterprise value stands at $164.6 billion. That results in an earnings yield of 7.5%. To interpret that number correctly, it should be compared to Qualcomm's cost of capital. Using a 10-year treasury yield of 4.5%, a beta of 1.2, and an equity risk premium of 4–5%, the estimated cost of equity falls between 9% and 10%. Since the earnings yield of 7.5% is below this range, Qualcomm doesn't appear particularly cheap at the moment. However, judged against historic performance against the S&P 500 (SPX), QCOM stock has underperformed. That said, this isn't necessarily a red flag. Even if the stock looks a bit expensive on this metric, Qualcomm continues to create value through its exceptional return on capital and strong cash generation. This is reflected in its sustainable 2.28% dividend yield and $16.5 billion in share buybacks over the past four years. Given Qualcomm's maturity, profitability, and operational efficiency, a lower earnings yield may be viewed as acceptable, reflecting a premium for quality and stability. Analyst sentiment on Qualcomm stock is somewhat mixed. Out of 17 experts who've issued ratings in the past three months, eight are bullish, eight are neutral, and just one is bearish. Still, there's little hesitation when it comes to upside expectations. Qualcomm's average stock price target is at $177.75, suggesting ~14% in potential upside over the next twelve months. While traditional valuation metrics may indicate that Qualcomm is undervalued, I believe that perspective overlooks the company's strong operational efficiency. Qualcomm doesn't need to appear 'cheap' to represent a compelling investment opportunity. Its robust, above-average returns on capital, driven by an asset-light business model, demonstrate its ability to create substantial shareholder value and may, in fact, justify a valuation premium. Viewed through this fundamental lens, and given Qualcomm's consistent track record of long-term value creation, I consider it a solid long-term investment, even at its current, relatively full valuation. Disclaimer & DisclosureReport an Issue Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
