Latest News and Media
Barron's
3 Nov 2025
Dave Novosel: Big AI Companies Are Reviving a Crisis-Era Tool. Wall Street Is Paying Attention.
Dave Novosel, senior analyst at Gimme Credit, thinks the use of SPVs is likely more a reflection of the market having to cope with a big increase in new debt than concern over the health of big-tech balance sheets.
“The hyperscalers and other huge issuers of debt have incredibly strong credit profiles and therefore can easily borrow in the capital markets,” he told Barron’s.
Using an SPV, heread more
MarketWatch
30 Oct 2025
Carol Levenson: Watch out for this big number when Amazon reports results
"To place the financial damage in perspective, note that Amazon ended the second quarter with $58 billion in cash, and in the last twelve months generated $76 billion in operating income," Gimme Credit analyst Carol Levenson wrote earlier this monthread more
Cincinnati Business Courier
29 Oct 2025
Carol Levenson: P&G sees rare decline in market share but trends are changing
P&G didn’t provide context for how often its share declines. But Carol Levenson, director of research at Tarrytown, N.Y.-based bond analysis firm Gimme Credit, wrote in a report, “For the first time in years, P&G lost substantial global value market shareread more
GO Banking Rates
28 Oct 2025
Dave Novosel: Is Buying Apple Stock a No-Brainer?
Other experts are eyeing Apple’s growth. “Despite murmurings of early success for the new iPhone models, consensus estimates call for top-line growth of roughly 4% for the iPhone segment in fiscal 2026,” said Dave Novosel, CFA, a senior bond analyst for Gimme Credit. “That would be lower than the pace likely to be registered for fiscal 2025, which ends this month.”
Novosel also noted that theread more
Barron's
23 Oct 2025
Jay Cushing: Southwest Airlines Stock Is Falling After Earnings Beat. The Changes Don’t Impress Wall Street.
“The new initiatives eliminate key points of differentiation from competitors and risk alienating a segment of the traditional customer base,” Gimme Credit analyst Jay Cushing wrote in a note earlier this month. “But with a structural shift higher in costs (primarily labor) and changing consumer preferences for premium products, Southwest is under pressure to add these incremental revenueread more
Barron's
22 Oct 2025
Jay Cushing: Southwest Airlines Earnings Are Incoming. Time to Show Policy Changes Are Working.
“The new initiatives eliminate key points of differentiation from competitors and risk alienating a segment of the traditional customer base,” Gimme Credit analyst Jay Cushing wrote in a note earlier this month. “But with a structural shift higher in costs (primarily labor) and changing consumer preferences for premium products, Southwest is under pressure to add these incremental revenueread more
Reuters
20 Oct 2025
Jay Cushing: Solid volumes set to underpin US exchange results, bubble chatter in focus
"ICE's third-quarter energy futures and options activity has been weaker than in recent quarters with oil price volatility (Brent contract) falling towards its lowest levels in 18 months," said Gimme Credit analyst Jay Cushingread more
Forbes
18 Oct 2025
Jay Cushing: American Must Explain Why Delta And United Get 100% Of Industry Profit
“I expect American to echo Delta and United talking points, leaning on premium, corporate and international resilience to help offset weaker domestic main cabin demand,” said Jay Cushing, senior bond analyst for Gimme Credit, in an email.
“American skews more heavily domestic (~70%) than DAL and UAL (~55%) so I expect them to highlight leverage to eventual domestic recovery,” Cushing said. “Iread more
Epoch Times
17 Oct 2025
Jay Cushing: Auto-Parts Companies’ Bankruptcies Rattle Credit Markets—What to Know
Gimme Credit senior bond analyst Jay Cushing believes it’s too soon to tell whether the bankruptcies of Tricolor and First Brands are “canaries in a coal mine” or just idiosyncratic pockets of weakness in deep subprime or one-off cases of potential fraud.
“In either case, these events are likely to lead to incrementally tighter lending standards that could have a cooling effect on creditread more
MarketWatch
8 Oct 2025
Dave Novosel: AMD’s stock builds on its historic rally as the AI trade heats up again
“We assume the primary rationale behind the deal is that OpenAI is looking to diversify its chip suppliers,” Gimme Credit senior bond analyst Dave Novosel wrote on Wednesday. “Secondly, it is not clear that Nvidia could provide all of the chips OpenAI is demanding. But obviously OpenAI thinks very highly of the Advanced Micro chips, possibly prompting others to use AMD GPUsread more
Fortune
8 Oct 2025
Dave Novosel: Inside PepsiCo’s beverage overhaul: A Gatorade reboot, the $2 billion Poppi buy, and a gut-health play, all under activist scrutiny
Gimme Credit analyst Dave Novosel said in a research note in September that reducing assortment and selling off underperforming assets is the “likely path for the company.”
Gimme Credit also complains that a run of acquisitions in both food and beverages have added $5 billion to PepsiCo’s debt in just the first half of 2025. At the same time, volume sales of many PepsiCo products have fallenread more
Quartz
6 Oct 2025
Dave Novosel: 3 OpenAI-impacted stocks to buy right now
“Nvidia has indicated that demand is far outpacing supply, but it is not clear whether the company could have fulfilled an expanded order from OpenAI,” said Dave Novosel, senior bond analyst at Gimme Credit, in Orland Park, Illinois. “The lead time is extensive as the order will not be filled until next year. Furthermore, the warrants provide the opportunity to share in the upside of AMD’s successread more
The Globe and Mail
1 Oct 2025
Dave Novosel: Nvidia and OpenAI Just Upped the Ante in AI. Here's What Investors Should Watch.
In a recent research note shared by Barron's, for example, Dave Novosel, an analyst at credit-researcher Gimme Credit, wrote: Firstly, Nvidia is the clear leader among chip providers, at least for the time being. Secondly, we expect robust demand for AI for the foreseeable future. AI is being employed by virtually every major company. And firms are finding more and more uses for AI in theirread more
Bloomberg
29 Sep 2025
Franck Bekaert: Mexico’s $12 Billion Deal to Aid Pemex Seen Spurring More P-Caps
The structure can provide refinancings to businesses facing tight credit conditions, said Gimme Credit senior credit analyst Franck Bekaert.
Given the demand for Mexico’s deal — it was two times oversubscribed, according to the government — the country could tap the structure again, Bekaert said. “Considering the company’s needs and the successful outcome of the issue, Pemex is likely to issue aread more
IFR News
26 Sep 2025
Kim Noland: Investors welcome Royal Caribbean back to high-grade market
"[Royal Caribbean] now has one of the strongest balance sheets in the industry and has been on a continuing credit profile improvement voyage for some time," Kim Noland, a director of high-yield research at Gimme Credit, wrote on September 22.
“We believe these forecasted 2026 credit measures may provide the company with a sufficient cushion to weather at least a moderate cyclical downturn at aread more
Barron's
26 Sep 2025
Dave Novosel: Nvidia Stock Has Avoided the Worst of the AI Selloff. It Will Try to Rise Again Today.
“While the circular accusation is true to a large extent, currently the demand for Nvidia chips seems nearly insatiable,” wrote Dave Novosal, an analyst at credit-research firm Gimme Credit, in a research note on Friday.
“Firstly, Nvidia is the clear leader among chip providers, at least for the time being. Secondly, we expect robust demand for AI for the foreseeable future. AI is being employedread more
Benzinga
26 Sep 2025
Franck Bekaert: 4 Copper Stocks To Consider Buying For The Late 2025 Rally
“SCCO continues to deliver strong operational and financial performance while executing its ambitious investment program without adversely affecting its credit metrics,” said Franck Bekaert, senior emerging markets analyst at Gimme Credit. “The company’s EBITDA margins of 56% are one of the highest in its peer group. The U.S. exports represent 10% of its revenue, while Asia and Mexico representread more
MarketWatch
25 Sep 2025
Dave Novosel: Why Oracle’s ‘jumbo’ AI-fueled bond deal is so unusual
“We’ve seen 40-year deals, but they’re typically with companies with staying power,” such as Coca-Cola Co. said Dave Novosel, a senior investment analyst at Gimme Credit. Those sort of maturities are “unusual” with technology, because “who knows who will be around in 40 years?” Novosel told MarketWatchread more
Barron's
25 Sep 2025
Dave Novosel: Oracle’s Debt Sale Is Loved by Bond Markets. But One Analyst Says It’s Time to Sell the Stock.
Gimme Credit analyst Dave Novosel sees that outlay dragging free cash flow, the lifeblood of a bond investor seeking coupon and principal repayment, to -$16 billion this yearread more
Recycling Today
25 Sep 2025
Evan Mann: Cliffs poised for turnaround, says bond rating agency
The analysis by Senior Bond Analyst Evan Mann says the Cleveland-based iron and streel producer, which also owns metals recycling firm Ferrous Processing & Trading, is beginning to benefit from higher volume steel shipments, an increase in averaging steel selling prices and lower operating costs.
Even in its money-losing second quarter, writes Mann, “Results remained on track to continueread more
Cincinnati Business Courier
25 Sep 2025
Carol Levenson: Kroger analysts weigh in with positive take on outlook for company and its stock
Carol Levenson, analyst at bond research firm Gimme Credit, also looks at Kroger’s prospects in a positive light. “There remains considerable uncertainty regarding strategy and financial policies, but the business is an attractively stable (if low margin) one with little tariff or macro risk,” Levenson wrote in a reportread more
Rumbo Minero
23 Sep 2025
Franck Bekaert: Codelco mulls new bond issuance for US$1.5 billion amid copper rally
"For the issuer, the current market environment presents an attractive opportunity to initiate a new bond trade," said Franck Bekaert, senior analyst at Gimme Credit, noting that investors prioritize production prospects and strategic partnerships.
"Codelco's bond spreads are currently too tight compared to those of its peers," Bekaert warned, specifying that doubts persist about the miner'sread more
WorldMr.net
23 Sep 2025
Franck Bekaert: Rising copper prices and expectations of interest rate cuts have opened a financing window for Codelco
Franck Bekaert, a senior analyst at investment research firm Gimme Credit, said the current market environment presents "a compelling opportunity" for Codelco to initiate a new bond deal.
Beckaert is also cautious about whether the company can quickly resume production growth and improve its credit indicators, despite the current tight bond spreads. However, the strategies Codelco is takingread more
BNE IntelliNews
23 Sep 2025
Franck Bekaert: Chile copper giant Codelco eyes bond sale as output slows
Codelco last issued $1.5bn in bonds in January, split between 10 and 30-year maturities. Both tranches are now trading about 30 basis points below their original pricing, as reported by Reuters. Franck Bekaert, senior analyst at Gimme Credit, told Reuters that the current market backdrop offers “a compelling opportunity” for a new issue, although he warned that spreads appear “too tight comparedread more
Bloomberg
22 Sep 2025
Franck Bekaert: Codelco Gets a Pass on Mine Woes as Bond-Selling Window Opens Up
“For the issuer, the current market environment presents a compelling opportunity to initiate a new bond transaction,” said Franck Bekaert, senior analyst at the investment research company Gimme Credit.
“The spreads for Codelco bonds are currently too tight compared to its peer group,” Bekaert said. “I remain cautious about the company’s ability to restore production growth and enhance itsread more
Reuters
22 Sep 2025
Stu Novick: Snap hits highest level since gloomy August report
The move could be driven by uncertainty surrounding SNAP rival TikTok, according to Gimme Credit analyst Stu Novick.
Snap could come under pressure from its competitors. It must continue to invest in innovation to compete with large social media platforms such as TikTok," says Novickread more
Tech Space 2.0
22 Sep 2025
Dave Novosel: NVIDIA’s $4 Trillion AI Revolution: How the Chipmaker Overtook Apple and Microsoft
“Concentration of revenue among such a small group of customers does present a significant risk,” acknowledged Dave Novosel of Gimme Credit, “but these customers have bountiful cash on hand… and are expected to spend lavishly on data centers over the next couple of yearsread more
Benzinga
19 Sep 2025
Dave Novosel: PepsiCo Grapples With Soaring Debt, Negative Cash Flow: 'Nice Activist' Isn't Enough, Says Gimme Credit
Free cash flow was negative in 2022 and 2024 and is projected to be less than $300 million this year—a fraction of the $7.6 billion it expects to pay in dividends. Gimme Credit projects this combination of higher debt and weaker earnings will push PepsiCo’s leverage to 3.0 times its EBITDA by year-end, up from 2.6x.
Operating margins have also declined in the last two quarters due to higherread more
Benzinga
19 Sep 2025
Dave Novosel: How To Earn $500 A Month From PepsiCo Stock
PepsiCo shares closed slightly lower on Thursday. The company is struggling with deteriorating financial health, marked by rising debt and weak cash flow, and the recent arrival of activist investor Elliott Investment Management is unlikely to provide a near-term solution, according to a research note from Gimme Creditread more
Investor's Business Daily
18 Sep 2025
Dave Novosel: Wall Street Sees Oracle Taking Run at Cloud's 'Big Three' With AI Growth Targets
"The glaring negative with this spectacular growth is that Oracle needs to boost capital spending to satisfy the seemingly insatiable demand," Gimme Credit analyst Dave Novosel said in a recent analyst note. He expects the company will need as much as $13 billion in debt over the next "few quarters."
"Yet we still forecast a decline in leverage because of the considerably higher EBITDA," Novoselread more
Barron's
17 Sep 2025
Dave Novosel: U.S.-China TikTok Deal Is a Cash Flow Story for Oracle. Here’s Why.
“The glaring negative with this spectacular growth is that Oracle needs to boost capital spending to satisfy the seemingly insatiable demand,” said Gimme Credit analyst Dave Novosel in a recent note assessing the company’s debt position.
Novosel sees the increase in capital spending, a 65% boost from year-ago levels, taking up around half of the group’s overall revenue. That likely means freeread more
Forbes Turkey
17 Sep 2025
Dave Novosel: Oracle's expensive AI transformation
Gimme Credit's Dave Novosel estimates that Oracle may have to take on up to $13 billion in new debt over the next few quarters. However, he also predicts that the company's phenomenal growth will reduce this indebtedness over time. Oracle's expensive AI move will likely pay offread more
The Wall Street Journal
17 Sep 2025
Dave Novosel: Oracle’s Expensive AI Makeover Is Worth It
Dave Novosel of Gimme Credit estimates that Oracle will need to add as much as $13 billion in debt over the next few quarters. But he forecasts the company’s extraordinary growth should offset this, leading to lower leverage in future yearsread more
Milano Finanza
17 Sep 2025
Saurav Sen: China's stock price surges, with Baidu hitting a 20% high after a strategic AI deal.
"Recent capital allocation moves show Baidu is making a decisive shift toward AI," commented Saurav Sen, analyst at Gimme Credit. Despite strong stock market gains—the stock has gained 67% since the beginning of the year—Baidu reported a decline in revenue in the second quarter, penalized by weakness in its advertising business and the still-limited returns on its AI investments. (All rightsread more
CNBC
16 Sep 2025
Saurav Sen: China’s Baidu soars 16% to hit 2-year highs amid positive signs for its AI business
Gimme Credit Senior Bond Analyst, Saurav Sen, said in a report last week that Baidu’s recent capital allocations have revealed that the company is making an “all-in AI pivotread more
Barron's
16 Sep 2025
Dave Novosel: Meta Stock Rises. This Is Its New AI Product.
Reality Labs could book a loss of up to $20 billion this year, according to analysts at credit-research firm Gimme Credit, up from $17.7 billion in 2024read more
T&D World
16 Sep 2025
Carol Levenson: California Lawmakers Pass Bill That Will Add $18B to Wildfire Reserves
Carol Levenson, director of research at Gimme Credit, said the new insurance fund reduces the financial risks to the three utilities “in important ways” and “in a financially manageable fashion” and said it is likely to be positive for Edison’s credit profile. The only negative, she added in a Sept. 15 note, is that Edison’s contribution has been raised to the same level as PG&E’s. The latter hadread more
Carbon Credit
11 Sep 2025
Franck Bekaert: Anglo American and Teck Create a $50B Copper Giant to Fuel the Clean Energy Revolution
Franck Bekaert, senior bond analyst at Gimme Credit, pointed out that Anglo Teck will emerge as a leading copper producer with a diversified portfolio that includes iron ore and zincread more
Guru
10 Sep 2025
Franck Bekaert: 'Copper Dinosaur' is born... Promoting the merger of Anglo American and Texresources
"This merger will provide significant value and growth opportunities," said Franck Bekaert, senior bond analyst at credit rating agency Gimme Credit, "and the new entity will emerge as the world's top copper producer with iron ore and zinc assets, along with six copper minesread more
Australia Azzet
9 Sep 2025
Franck Bekaert: US$53bn Anglo American, Teck M&A world's second-biggest
"We have a positive outlook on this merger, as it is expected to deliver significant value and growth," Gimme Credit senior bond analyst Franck Bekaert saidread more
Mining.com
9 Sep 2025
Franck Bekaert: Anglo American, Teck strike $53B merger in decade’s top deal
“We have a positive outlook on this merger, as it is expected to deliver significant value and growth,” Gimme Credit’s senior bond analyst, Franck Bekaert, said in a note. “The new company will emerge as one of the world’s leading copper producers, boasting a diversified portfolio of six copper production sites, along with iron ore and zinc operationsread more
Quartz
9 Sep 2025
Dave Novosel: Trump gets Uncle Sam into the semiconductor business: 3 takeaways
“The deal is indicative of President Trump’s activism, and we expect him to engage in similar moves,” said Dave Novosel, senior investment analyst at New York City-based Gimme Credit. “In fact, he’s already gotten involved with U.S. Steel and Nvidia.”
Novosel believes the government’s investment in Intel infringes on the capitalistic culture that has worked so well in the U.S., but may be aread more
Business Recorder
9 Sep 2025
Alexandre Dray: Boycotts dent Coca-Cola sales in Pakistan, Turkiye: report
“Most people who wanted to boycott Western brands have already done so,” and consumers are likely to return when the conflict ends, said Alex Dray, director of emerging markets research at Gimme Credit. “Coca-Cola’s strong brand recognition means there’s little risk of a widespread shift to local brandsread more
Bloomberg
7 Sep 2025
Alexandre Dray: Coca-Cola Loses Ground in Turkey as Boycott Reshapes Tastes
“Most people who wanted to boycott Western brands have already done so,” and consumers are likely to return when the conflict ends, said Alex Dray, director of emerging markets research at Gimme Credit. “Coca-Cola’s strong brand recognition means there’s little risk of a widespread shift to local brandsread more
Epoch Times
5 Sep 2025
Jay Cushing: VW and Ford want to compete against Chinese competition with cheap e-cars
"Ford is lagging behind in the production of electric cars. We believe that the future profitability of electric vehicles at Ford is still a matter of time," Jay Cushing, senior fixed income analyst at Gimme Credit, told The Epoch Times.
"In the meantime, Ford faces the immediate challenge of stabilizing profits from the end-of-life vehicle business against a backdrop of increasingly difficultread more
Barron's
4 Sep 2025
Dave Novosel: Are You Ready for Some Football? These Streaming Stocks Are.
“Excellent progress in the DTC [direct-to-consumer] segment, continued strength in the Experiences unit, and steady results at ESPN are overshadowing the ongoing deterioration in linear networks. While Disney still trails Netflix by a wide margin, it is a strong #2 player in the streaming market,” Gimme Credit analyst Dave Novosel wrote on Aug. 12read more
Dataconomy
2 Sep 2025
Dave Novosel: Who are Nvidia’s mystery mega-buyers?
This heavy reliance on a small number of buyers presents a classic business dilemma. Gimme Credit analyst Dave Novosel told Fortune that this “concentration of revenue among such a small group of customers does present a significant risk.” If one of these key customers were to reduce their spending or switch suppliers, the impact on Nvidia’s bottom line would be immediate and severe.
Howeverread more
The Observatorial
2 Sep 2025
Dave Novosel: Decrease in Europe; A mixed lock in Asia
Anabiya Reported $ 46.7 billion in revenue, an increase of 56% of last year. From the report, it turns out that almost 40% of Anabiya revenue in the second quarter came from only two clients and did not reveal their names. Dave Novosel, a GIMME Credit analyst, told Fortune that “revenue concentrations among a small client group is a significant riskread more
Digital Report
2 Sep 2025
Dave Novosel: 40% of Nvidia revenue comes from just two customers
Dave Novosel, an analyst at Gimme Credit, noted that concentrating revenue in such a small number of customers poses a significant risk, but that these customers have plenty of cash, generate a large amount of free cash flow, and are expected to invest heavily in data centers over the next few yearsread more
US News & World Report
2 Sep 2025
Saurav Sen: Semiconductor Stock Forecast for the Rest of 2025
"The biggest sector risk is a low-probability, high-magnitude tail event, like China's interference (or invasion) in Taiwan," says Saurav Sen, senior bond analyst at New York-based Gimme Credit.
That scenario could lead to major risks for semiconductor companies like Taiwan Semiconductor. "TSMC is one of the most important companies in the world, as every major AI chip company gets at least a partread more
Benzinga
31 Aug 2025
Dave Novosel: Nvidia Leans Heavily on Two Undisclosed Customers for Revenue Boom
While Nvidia holds over 90% of the AI GPU market, cloud providers such as Google and Amazon are considering alternatives to Nvidia chips. As per the outlet, Dave Novosel, a senior investment analyst at Gimme Credit, downplayed the risk, emphasizing that the demand for AI progress remains robust and Nvidia’s chips are industry leaders. He also pointed out that these customers have ample cashread more
TechCrunch
30 Aug 2025
Dave Novosel: Nvidia says two mystery customers accounted for 39% of Q2 revenue
What does this mean for Nvidia’s future prospects? Gimme Credit analyst Dave Novosel told Fortune that while “concentration of revenue among such a small group of customers does present a significant risk,” the good news is that “these customers have bountiful cash on hand, generate massive amounts of free cash flow, and are expected to spend lavishly on data centers over the next couple ofread more
Fortune
29 Aug 2025
Dave Novosel: Two mystery customers alone were responsible for nearly 40% of Nvidia’s quarterly revenue
Still, at least one analyst downplayed the influence of Nvidia’s mystery customers. Although its buyers’ spending could change, the demand for AI progress remains high and Nvidia’s chips are the best in the industry, said Dave Novosel, senior investment analyst for telecommunications, media, and technology at Gimme Credit.
"The concentration of revenue among such a small group of customers doesread more
AOL
28 Aug 2025
Dave Novosel: Is Microsoft Stock Still a Buy in 2025?
Despite some headwinds, Microsoft’s revenue should still be positive. “Revenue growth will likely slow from the torrid pace of last year, but the company should still deliver double-digit growth,” said Dave Novosel, chartered financial analyst (CFA) and senior investment analyst at Gimme Credit, an investment research firm.
“Looking at Microsoft from a fixed income perspective, the fundamentalsread more
MSN
26 Aug 2025
Carol Levenson: Costco confirms 617 stores set to be closed for 24 hours on this date
Speaking to Mirror.com, Gimme Credit's Director of Research, Carol Levenson, provided insight into the current state of the retail industry.
Levenson shared her perspective, stating: "The recent wave of store closures is related to questions of profitability and, frankly, managements know the stock market loves these announcements. The prior wave of store closings had more to do with theread more
IFR News
26 Aug 2025
Dave Novosel: EchoStar debt rallies on spectrum sale to AT&T
"The US$23bn in cash proceeds is almost sufficient to pay off the company’s debt, which totals nearly US$27bn," Dave Novosel, a senior analyst at research firm Gimme Credit, said on Tuesday via email.
"Bondholders of Dish/DBS and Hughes debt scheduled to mature this year and next, totaling about US$6.1bn, should be particularly excited, as EchoStar does not have the cash on hand or free cash flowread more
Dallas Business Journal
25 Aug 2025
Dave Novosel: Keurig Dr Pepper to drop $18 billion on European coffee company
The new beverage business will have about $11 billion in annual revenue, noted Dave Novosel, senior bond analyst with Gimme Credit. He said the KDP will need to take on significant leverage, although "expected synergies" for $400 million will help lower the debt load once the deal is doneread more
Dow Jones
15 Aug 2025
Carol Levenson: Deere's Earnings Appear to Be Troughing -- Market Talk
Deere's guidance points to a third year of declines in equipment demand, but earnings appear to be bottoming out at $18 a share, Morgan Stanley analysts say in a research note. EPS is on track to be stronger than anticipated for 2025, operating income margins in its agricultural and turf divisions seem to be troughing in the mid-teen percentage range, instead of high-single-digits as seen duringread more
GO Banking Rates
15 Aug 2025
Dave Novosel: How Much More Expensive 3 Apple Products Might be Due to Trump’s Tariffs
“Apple may decide to raise prices to fully cover the tariffs, but a more likely scenario is that the company chooses to accept some lower margins as well so that revenue is not so heavily affected,” Dave Novosel, senior bond analyst at Gimme Credit, said. “These price increases could span across its portfolio of products, but not necessarily at a similar rateread more
Benzinga
15 Aug 2025
Dave Novosel: 3 Streaming Stocks To Consider As Sports Deals Take Off
“In general, we think the upward trajectory in streaming prices will meet some resistance, particularly if the economy weakens,” said Dave Novosel, senior investment analyst, telecom, media, and technology at Gimme Credit in Orland Park, Illinois. “Yet sports are popular enough that consumers may be willing to pay up, even in a softer economic environment, which bodes well for ESPN and its newread more
Xtreme Radio
15 Aug 2025
Kim Noland: Red Rock Bonds Look Promising as Las Vegas Casino Market Gets Stronger
Bond analysts remain bullish on Red Rock's financial health, with Kim Noland of Gimme Credit rating the company's 2031 bonds as “outperform” with a yield-to-worst of 5.75%, supported by the strength of the Las Vegas locals market and reduced administrative costs from OBBBAread more
Investors Hangout
14 Aug 2025
Dave Novosel: Corporate Bonds Show Resilience Amid Economic Challenges
Innovations Fueling Growth
Innovation remains at the forefront of corporations' success stories. Apple Inc., with analyst Dave Novosel noting a remarkable 10% revenue increase in fiscal Q3, exemplifies how technological advancements and strategic market positioning can drive significant growth. This growth trajectory, particularly within their product ranges, signifies a robust rebound in consumerread more
Investors Hangout
14 Aug 2025
Jay Cushing: Corporate Bonds Show Resilience Amid Economic Challenges
BorgWarner Sets a Strong Example
Leading the charge, BorgWarner's resilience is noted by analyst Jay Cushing, who points to the company's robust financial health. With a flexible product portfolio spanning combustion engines to electric vehicles, BorgWarner is well-positioned to manage the uncertainties brought on by tariffs and potential volume fluctuationsread more
Investors Hangout
14 Aug 2025
Saurav Sen: Corporate Bonds Show Resilience Amid Economic Challenges
Adani Ports & SEZ's Strategic Outlook
In the context of global trade, Adani Ports & SEZ Ltd, represented by Saurav Sen, views the trade disputes with less concern. The company's operations remain largely focused on Europe and Asia, allowing it to absorb potential disruptions without significant impact on its credit metricsread more
Investors Hangout
14 Aug 2025
Mark Flanagan: Corporate Bonds Show Resilience Amid Economic Challenges
JPMorgan Chase: A Beacon of Financial Strength
Another key player, JPMorgan Chase, has demonstrated impressive progress, as described by Mark Flanagan. The bank's positive momentum heading into the latter half of the year showcases the importance of diversification, along with strong capital reserves, which serve as critical safeguards against adverse market shiftsread more
Casino.org
13 Aug 2025
Kim Noland: Red Rock Bonds Enticing on Las Vegas Casino Strength, Says Research Firm
In a new report, Gimme Credit’s Kim Noland notes vibrancy in the Las Vegas locals market — Red Rock’s point of emphasis — expansion plans, and a management accord with a California tribal casinos as being among the positive attributes supporting the outlook for the operator’s bonds.
Red Rock has a pipeline of new projects in the area along with considerable land assets. The projects are largelyread more
IFR News
12 Aug 2025
Jay Cushing: DuPont spinoff offers new name for high-yield bond investors
Qnity hit the junk bond and leverage loan markets on Tuesday with a US$4.1bn debt package that will fund the electronics unit’s spinoff from its investment-grade parent DuPont.
Ba2/BB+/BB+ rated Qnity found a welcoming audience for its first high-yield bond offering among investors hungry for fresh names given the lack of new money options in a market dominated by refinancings.
“Thatread more
Washington Examiner
8 Aug 2025
Saurav Sen: US-led tariff battle may bring emerging economies closer together
Others are perhaps more sanguine. For example, the latest BRICS summit failed to make significant progress on a BRICS currency or credible financial alternatives, according to Saurav Sen, a senior analyst of emerging markets at New York-based Gimme Credit.
“The July 2025 BRICS summit in Rio confirmed what’s been clear for a while,” Sen said. “The dream of a new financial order is running out ofread more
PaymentsDive
7 Aug 2025
Stu Novick: Shift4 faces CFO, board departures
The resignation of a board member happening in conjunction with a CFO's decision to step down is unusual, but Stu Novick, analyst for the investment service Gimme Credit, says there doesn't appear to be part of a broader company problem.
"I don't think these things are ever perceived to be great for companies that are doing well, but I also don't think there is anything bad going on there," heread more
Bloomberg
7 Aug 2025
Alexandre Dray: Chilean Assets Set to Benefit on Return of Right: Gimme Credit
Chilean assets as poised to benefit as the probability of a more investor-friendly government increases, Gimme Credit analysts wrote in a report Thursday.
• Expect continued positive performance for Chilean assets, with equities and bonds poised to benefit
• Maintain “outperform” rating on Cencosud’s 5.95% 2031 notes on positive economic outlook in Chile
• Reaffirm “outperform” rating onread more
The Wall Street Journal
6 Aug 2025
Evan Mann: Hertz Expected to Narrow 2Q Loss -- Earnings Preview
“Hertz investors also will want to see if the company's efforts to maintain a tighter and better-utilized fleet is improving profitability, and if it’s putting any constraints on revenue growth, as Gimme Credit analyst Evan Mann warned could happen in a research note from Juneread more
Casino.org
4 Aug 2025
Kim Noland: Boyd Bonds in Strong Shape Following FanDuel Stake Sale
Last week, Boyd Gaming (NYSE: BYD) completed the sale of its 5% interest in FanDuel to Flutter Entertainment (NYSE: FLUT), hauling in proceeds of $1.758 billion along the way. That influx of cash will be used to reduce debt, which could boost the appeal of the regional casino operator’s remaining corporate bonds.
Boyd Gaming bonds look appealing on the company’s debt-reduction efforts andread more
IFR News
4 Aug 2025
Dave Novosel: Lumen to take out expensive debt with US$2bn junk bond sale
“The offering is favorable in that it will lower its annual interest costs because of the significantly lower rate on the bonds,” Dave Novosel, a senior bond analyst at research firm Gimme Credit, said on Monday. “In addition, the deal extends the company’s maturity schedule, adding to its liquidity position.”
"Although the company added nearly US$500m in new [fiber] contracts, bringing theread more