1. I am downgrading SoFi to Sell due to its recent stock repricing and the complexity of its investment case despite its recent strong performance. 2. SoFi excels in tech-first banking but risks cannibalizing its advantage by enhancing legacy banks' tech infrastructure, complicating its long-term thesis. 3. The company's lending segment faces slowing growth and high default rates, while lacking high-margin private banking services.

1. Charlie Munger advocates for highly concentrated portfolios; 2. The author shares the criteria for a highly concentrated portfolio; 3. One of the author's picks may come as a surprise.

1. The article discusses the potential inflationary impact of the incoming Trump presidency; 2. It analyzes specific policies that are considered inflationary and their potential effects; 3. The author suggests ways to incorporate these insights into a portfolio with stock picks.

1. The author's conservative approach to stock-picking is influenced by personal financial losses during the Great Recession; 2. The 18-year real estate cycle suggests a potential mild recession in late 2025 or early 2026; 3. The author recommends focusing on REIT sectors with pricing power and reducing exposure in certain sectors.

1. Lululemon's stock has surged 27% since the last 'buy' rating, but now appears fully priced, prompting a 'Hold' rating with a $403 target. 2. The Americas business shows signs of bottoming, with improved sales trends and positive momentum in Canada, while international markets continue to accelerate. 3. Profitability has expanded with strong operational discipline, but unknown factors like tariffs and rising yields could impact consumer demand and Lululemon's growth plans.

1. High-yield, high-growth stocks are generally attractive, but the dynamic high-yield, high-growth segment of the market has recently faced significant challenges; 2. The author discusses how they are navigating these turbulent waters; 3. The article encourages readers to join High Yield Investor for exclusive portfolio access and educational content.

1. The 2025 markets are experiencing pressure due to the Fed's monetary policy shift; 2. The S&P 500, Nasdaq, and Dow all fell on Friday; 3. The global bond selloff pushed the 10-year U.S. Treasury yield to 4.74%; 4. Bitcoin's selloff continued despite crypto trends remaining in focus; 5. Tariff threats are intensifying global tensions.

1. The author avoids turnarounds but invests in high-quality companies with temporary setbacks. 2. Currently, the author is overweight on LVMH and ASML, both facing macroeconomic headwinds but poised for recovery in 2025. 3. LVMH's shares are down due to China's economic slowdown, but strong fundamentals and potential M&A activity make it an attractive buy. 4. ASML, despite export restrictions and slow non-AI recovery, offers strong EPS growth potential, making it a compelling long-term investment.

1. Despite mixed financial results, Alibaba's revenue and net income have grown, justifying its continued 'Buy' rating due to its attractive valuation and growth potential. 2. Taobao and Tmall Group saw revenue growth, but profits declined due to investments in user experience. 3. The Cloud Intelligence Group showed promising growth and profitability.

1. S&P Global's current EV/EBITDA multiple of 25 is overly optimistic; 2. Analysts' growth estimates of 12% are likely unrealistic; 3. Rising operational costs and debt could hinder future growth.

1. Lockheed Martin provides reliable and growing dividends with a 22-year streak and a current yield of 2.83%, making it an ideal choice for dividend growth investors. 2. The company has a strong capital allocation strategy, including significant share buybacks, resulting in a shareholder yield of 5.25%. 3. Lockheed Martin's robust balance sheet and stable cash flows from government contracts ensure financial stability and consistent shareholder rewards.

1. I discussed NEM's merits as a 'Once in a generation buy' last March; 2. The stock surged by 75% following that article until late October 2024; 3. The stock has recently dropped by over 33%; 4. I discuss why it is worth buying back in now.

1. MicroStrategy is expanding its Bitcoin holdings using innovative financial tools; 2. The company is reducing leverage and increasing optionality through ATM offerings; 3. MSTR plans to increase authorized share counts for future BTC purchases and potential stock splits; 4. The offering of perpetual preferred shares signals market expansion; 5. Despite risks, MSTR's business model and investor interest suggest impressive growth; 6. Convertible bonds and preferred stock in Q1 2025 may drive stock higher with increased BTC yield.

1. PEP and KO are both undervalued; 2. Owning both stocks benefits from complementary operational philosophies; 3. 2025 is expected to be a strong year for these low beta stocks with strong brands.

1. The author downgrades Barings BDC due to increased non-accruals, lower earnings, and weaker dividend coverage; 2. Despite a 10.7% dividend yield and a diversified portfolio, no significant dividend increases are expected; 3. The recent 5% price drop presents an entry point, but concerns remain about future performance due to NAV decline and higher non-accrual rates.

1. The author upgrades SGOV to a 'strong buy' due to its better trade-offs for cash compared to CDs in the current rate environment; 2. SGOV offers stability and liquidity with a forward yield of 5.10%, making it a preferable option over CDs; 3. CDs present reinvestment risks, especially if rates drop significantly, but SGOV mitigates this risk with its flexibility and liquidity.

1. This article highlights five large-cap, relatively safe dividend-paying companies offering significant discounts to their historical norms; 2. The filtering process involved selecting five conservative DGI stocks from over 7,500 companies; 3. The article also presents two other groups of five DGI stocks with yields ranging from moderate to high, up to 8%.

1. The 4-factor dividend growth portfolio is a strategy that utilizes Schwab U.S. Dividend Equity ETF's stock selection process with some minor adjustments. 2. The portfolio is facing its worst start since inception, lagging behind both the S&P 500 and SCHD. 3. Since its inception, the portfolio has achieved a CAGR of 17.69%, outperforming SCHD by 8.52%.

1. Despite positive returns in 2024, ARK Innovation ETF (ARKK) underperformed compared to VOO and QQQ, with high turnover and volatility being key concerns. 2. VOO offers a safer investment with low turnover, and QQQ provides a balanced risk-reward profile with less volatility than ARKK. 3. ARKK's focus on disruptive innovation and speculative bets on Bitcoin proxy plays and genomics remains high-risk; the author prefers VOO, high-quality businesses, and Bitcoin for 2025.

1. The S&P 500 is expected to rise by 5.6% to 6,241 in 2025, with a significant portion of respondents (54%) predicting a 10% increase to 6,500. 2. The technology sector is seen as the clear winner, driven by trends like AI and quantum computing. 3. Risks include inflation, trade policy, and disruptive economic policies.