1. Cenovus delivered a strong Q3 with upstream production exceeding expectations; 2. Downstream performance is still a drag, but management is addressing challenges; 3. The company's relative valuation is at a multi-year low, with an Overweight rating and a 84% upside to the $30/sh target.

1. Exxon Mobil's strong free cash flow and earnings power, supported by high petroleum prices and OPEC+ price support, make it a top energy investment for 2025. 2. The acquisition of Pioneer Resources enhances Exxon Mobil's Permian footprint, boosting its long-term potential for earnings and free cash flow growth. 3. Despite risks from potential petroleum price declines, Exxon Mobil's valuation at 14.5X forward earnings and robust capital returns position it well for future growth.

1. Chevron has fully recovered from its Q2'24 earnings dip; 2. Despite a 31% year-over-year earnings decline in Q3'24, production grew rapidly; 3. The company remains profitable with high free cash flow and attractive valuation.

1. Nvidia's (NVDA) fiscal third quarter results are scheduled for Wednesday, following its strong performance in the AI boom. 2. Investors will also look at Walmart (WMT) and Target's (TGT) earnings to gauge consumer sentiment. 3. The economic calendar is light next week, with housing market updates and jobless claims, and Federal Reserve officials' speeches will be closely watched.

1. Nvidia has evolved from a GPU manufacturer to a leading AI powerhouse, driving significant growth and returns for investors. 2. As Nvidia has become more expensive, some are considering NVDY, the covered call version of NVDA. 3. The author believes NVDY is poorly constructed and suggests avoiding it. 4. The author rates NVDA a 'Hold' and NVDY a 'Sell'.

1. Quantum Computing Inc. (QUBT) has received its first order for photonic integrated chips, indicating strong early demand for the technology. 2. The TFLN chips could double data transmission speeds and reduce energy use, meeting the surging demand from AI and quantum computing. 3. Concerns remain about shareholder dilution and competition from well-funded players like HyperLight, but the author sees significant upside potential if QCi secures additional contracts.

➀ TSMC secures $11.6 billion in Chips Act funding; ➁ The funding includes $6.6 billion in Chips Act money, €5 billion in liabilities, and a 25% tax credit on infrastructure capex; ➂ The investment supports TSMC's $65 billion investment in three fabs in Arizona; ➃ US President Joe Biden highlights the investment as the largest foreign direct investment in a greenfield project in US history; ➄ TSMC CEO C.C. Wei emphasizes the importance of the Chips and Science Act in strengthening the US semiconductor ecosystem.

1. Micron's fundamentals are improving with new product releases and increased R&D spending; 2. Analysts forecast aggressive revenue and EPS growth for FY2025; 3. Micron is capitalizing on favorable trends in data centers, mobile, and automotive markets; 4. The valuation is attractive with significant upside potential.

1. REITs have outperformed the S&P 500 recently; 2. The strong outperformance is expected to continue; 3. Two reasons are cited for this trend.

1. Rocket Lab's stock has surged 133% since September, driven by strategic growth and new contracts; 2. The author bought Rocket Lab shares due to its innovative approach in the launch market and the development of the Neutron rocket; 3. Rocket Lab's revenues are growing, especially in the Space Systems segment, with a strong cash position to support Neutron rocket development.

The RAN market, excluding services, declined for the sixth consecutive quarter in 3Q24, with worldwide revenues down 10 to 20 percent year-over-year. Huawei, Ericsson, Nokia, ZTE, and Samsung are the top five suppliers. The worldwide RAN market is expected to grow at a low single-digit rate in 2025, mainly driven by growth in North America and APAC, excluding China.

1. Since Nikesh Arora became CEO in 2018, Palo Alto Networks has transformed from a hardware firewall company to a comprehensive cybersecurity platform. 2. Arora's platformization strategy consolidates 30-40 cybersecurity tools, enhancing security through better integration between tools. 3. Although platformization hurts the company's short-term results, its long-term revenue growth and profitability potential have risen.

1. Macroeconomics trumps politics; 2. REITs are cheap and set to benefit from rate cuts; 3. Here are 3 REITs that win no matter what.

1. Blue Owl Capital comfortably covered its $0.37 base dividend with net investment income in 3Q24; 2. The BDC's portfolio quality improved significantly with the non-accrual ratio dropping to 0.7%; 3. Despite potential yield compression, Blue Owl Capital's 11% dividend yield remains safe and attractive for passive income investors.

1. Petrobras reported impressive 3Q 2024 results with $6.9 billion in FCF and a proposed $3 billion USD dividend, showcasing its financial strength. 2. The company is expanding internationally, reducing domestic risks, and leveraging expertise with new stakes in South Africa and increased FPSO production. 3. Petrobras improved its debt position by issuing a 10-year $1 billion bond at the lowest rate in a decade, providing cash for shareholder returns. Despite governance concerns and oil price volatility, Petrobras' low-cost production, heavy investment, and double-digit dividend yield make it a valuable investment.

1. U.S. equity markets reached record highs following President-elect Trump's decisive election victory; 2. Smaller-cap companies led the surge, outperforming tech and international peers; 3. Real estate equities lagged due to high interest rates and concerns over tax policy and economic policies.

1. Berkshire Hathaway's investment in BNSF is a case study for capital-intensive businesses; 2. BNSF's operating performance and financial position indicate a significant FCF return to Berkshire; 3. The expected yield is around 15%.

1. The S&P 500 and Dow Jones Industrial Average reached new record highs; 2. The U.S. presidential election results influenced market movements; 3. The Federal Reserve cut interest rates as expected.

1. This article provides a weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers; 2. It highlights companies that have changed their dividends, those with upcoming ex-dividend dates, and companies with upcoming pay dates; 3. The author mentions that the Dividend Kings marketplace service offers more in-depth analysis of high-quality dividend stocks.

1. Warner Bros. Discovery achieved decent financial results despite YoY revenue declines; 2. The studios segment underperformed, but content revenues remain strong; 3. The streaming segment continues to grow, especially internationally; 4. The company has significant debt, but is focused on debt reduction with $3.5 billion in cash and manageable interest rates; 5. Long-term positive FCF and low bankruptcy risk make it a valuable investment.