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VGT And XLK: Why I Am Downgrading Them (NYSEARCA:VGT)

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VGT And XLK: Why I Am Downgrading Them (NYSEARCA:VGT)

This article was written by

Alan Brochstein, CFA has been contributing articles to Seeking Alpha since 2007. He has worked on the sell-side and the buy-side in fixed-income and on the buy-side in equities. Alan got his start as a financial professional in the securities industry in 1986 after earning a B.A. in Economics and in Mathematical Methods in the Social Sciences from Northwestern University. He was managing investments in institutional environments until he founded AB Analytical Services in 2007 to provide independent consulting to registered investment advisors. He also prepared management reviews for Management CV, a firm focused on evaluating the skill and quality of management teams at publicly-traded companies.Alan was one of the first investment professionals to focus exclusively on the cannabis industry when he started to doing so in 2014. In 2013, he launched 420 Investor, a subscription service focused on cannabis stocks that he now runs on the Seeking Alpha platform, and he is also the managing partner of New Cannabis Ventures, a leading provider of relevant financial information in the cannabis industry since 2015. Alan has been a big fan of ETFs for decades, liking both how they enable individual investors to manage diversified investment portfolios at a reasonable cost and investment managers to help their clients have passively managed portfolios among their holdings. He has been writing about ETFs extensively at Seeking Alpha since 2025, aiming to help readers better understand the ETF universe, which has gotten quite large Alan is trying to help investors understand what they own or what they could own and to also help them become aware of the risks of their ETFs relative to other ETFs.He maintains a 85 ETF Focus List (all passive) that is broad, including both very large and popular ETFs as well as many that are not as widely followed but that stand out in his view. He has also created a model portfolio as of year-end 2025.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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DSV A/S (DSDVY) Analyst/Investor Day Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Company Participants

Stig Frederiksen
Michael Ebbe – Group CFO & Member of Executive Board
Jens Lund – Group CEO & Member of the Executive Board
Saskia Blochberger – Group CPO
Jesper Riis – Group Chief Information Officer
Vishal Sharma – Group Chief Commercial Officer
Brian Ejsing – Group COO & Member of Executive Board
Frank Sobotka – Chief Executive Officer of Air & Sea Division
Helmut Schweighofer – Chief Executive Officer of Road Division
Maciej Walenda – CEO of Contract Logistics Division

Conference Call Participants

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Lars Heindorff – Nordea Markets, Research Division
Marco Limite – Barclays Bank PLC, Research Division
Alexia Dogani – JPMorgan Chase & Co, Research Division
Arthur Truslove – Citigroup Inc., Research Division
Alexander Irving – Bernstein Institutional Services LLC, Research Division
Jacob Lacks – Wolfe Research, LLC
Cedar Ekblom – Morgan Stanley, Research Division
Muneeba Kayani – BofA Securities, Research Division
Ulrik Bak – Danske Bank A/S, Research Division
Kristian Godiksen – SEB, Research Division
Andy Chu – Deutsche Bank AG, Research Division
Dmitriy Pokaluhin
Marc Zeck – Kepler Cheuvreux, Research Division
Patrick Creuset – Goldman Sachs Group, Inc., Research Division
James Hollins – BNP Paribas, Research Division
Cristian Nedelcu – UBS Investment Bank, Research Division
Leszek Sulewski – Truist Securities, Inc., Research Division
Andy Chu – Deutsche Bank AG, Research Division

Conversation

Stig Frederiksen

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Good morning. Welcome to the Capital Markets Day of DSV. My name is Stig Frederiksen. I’m heading the Investor Relations team. Pleasure seeing so many people here today and also behind the screen.

I’ll do a few housekeeping stuff, and then I’ll give the word to Michael. First of all, you can see and Michael will show you, we have a very packed agenda today. So like in school, please be back during the break after the break, so we can start up productivity, efficiency, keywords. Secondly, there will be Q&A sessions. And I will do the stuff here. But for you watching from home, you can always

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US Treasury allows sanctions waiver on Russian seaborne oil to lapse

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US Treasury allows sanctions waiver on Russian seaborne oil to lapse


US Treasury allows sanctions waiver on Russian seaborne oil to lapse

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Altria: Diversified Tobacco With Rich Return Prospects – Reiterate Buy (NYSE:MO)

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Woman holding regular, electronic cigarette and disposable vape on white background. Tobacco heating systems.

This article was written by

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Quebecor Inc. (QBR.A:CA) Shareholder/Analyst Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Sylvie Lalande

Dear shareholders, dear fellow directors, dear members of the Quebecor family, good morning, and welcome to Quebecor’s Annual Shareholders Meeting. We are delighted to welcome you back to our offices and to take stock together of another eventful year.

The business of the meeting will be conducted in French. However, the proceedings are being interpreted into English, and audio devices are available at the entrance to the room.

With that, allow me to introduce you to the individuals joining me on this stage. Firstly, Mr. Pierre Karl Peladeau, President and Chief Executive Officer; Mr. Hugues Simard, Chief Financial Officer; Marie-Pierre Simard, Senior Vice President, Legal Affairs and Corporate Secretary, who is on my immediate right — my left rather, who will serve as Secretary of this meeting.

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Before officially opening the meeting, allow me to share a few words about the year just ended. Last April, we celebrated the third anniversary of the acquisition of Freedom Mobile, a landmark and profoundly transformative event for Quebecor. Three years later, this decision, which lies at the heart of our success, continues to be lauded within the company and is told by many shareholders, analysts, investors and financial columnists.

Quebecor embarked on this major shift toward geographic expansion in 2023 with a clear ambition of becoming the fourth major player in Canada’s telecommunications landscape. Today, when we look at the prominent position Freedom has carved out for itself in the Canadian

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Planet Fitness director Frances Rathke purchases $231,050 in stock

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Planet Fitness director Frances Rathke purchases $231,050 in stock

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SK Hynix is set to become the 2nd Korean company to hit $1 trln market cap

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SK Hynix is set to become the 2nd Korean company to hit $1 trln market cap

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ImmunityBio secures exclusive U.S. rights to Tokyo BCG strain

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ImmunityBio secures exclusive U.S. rights to Tokyo BCG strain

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Earnings call transcript: Gladstone Land Q1 2026 results show mixed performance

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Earnings call transcript: Gladstone Land Q1 2026 results show mixed performance

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Tata Steel Limited (TATLY) Q4 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Tata Steel Limited (TATLY) Q4 2026 Earnings Call May 16, 2026 5:30 AM EDT

Company Participants

Samita Shah – Vice President of Corporate Finance, Treasury & Risk Management
Thachat Narendran – CEO, MD & Executive Director
Koushik Chatterjee – CFO & Executive Director

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Conference Call Participants

Sumangal Nevatia – Kotak Securities (Institutional Equities)
Satyadeep Jain – AMBIT Capital Private Limited, Research Division
Alok Deora – Motilal Oswal Securities Limited, Research Division
Pallav Agarwal – Antique Stockbroking Ltd., Research Division
Pinakin Parekh – HSBC Global Investment Research
Indrajit Agarwal – CLSA Limited, Research Division
Tarang Agrawal – Old Bridge Capital Management Private Limited
Amit Dixit – Goldman Sachs Group, Inc., Research Division
Ashish Kejriwal – Nuvama Wealth Management Limited, Research Division
Ritesh Shah – Investec Bank plc, Research Division

Presentation

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Operator

Ladies and gentlemen, good day, and welcome to the Tata Steel Analyst Call. Please note that this meeting is being recorded. [Operator Instructions]

I would now like to hand the conference over to Ms. Samita Shah. Thank you, and over to you, ma’am.

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Samita Shah
Vice President of Corporate Finance, Treasury & Risk Management

Thank you, Kinshuk. Good afternoon, everyone on this Saturday afternoon, and welcome to our call to discuss our results for the fourth quarter and the full year financial year FY ’26. We have with us Mr. Narendran, our CEO and Managing Director; and Mr. Chatterjee, our Executive Director and CFO. They will make a few opening comments, and then we will take any questions you may have.

As always, the discussion will be covered by the safe harbor clause on the first page of our presentation. I hope you’ve had a chance to go through the presentation which was uploaded on our website yesterday.

So with that, I will request Naren to make a few opening comments. Thank you.

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Thachat Narendran
CEO, MD & Executive Director

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How much additional firepower does Japan have for yen-buying intervention?

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How much additional firepower does Japan have for yen-buying intervention?

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