Petar Petrov
85 Articles
Petar Petrov has four years of direct investment experience. His main focus is on industry analysis and fundamental bottom-up equity research. Petar is familiar with US and Chinese stocks from across a wide range of industries, such as technology, e-commerce, consumer goods, logistics, and industrials.
Petar graduated from the Hong Kong University of Science and Technology and has passed all three levels of the Chartered Financial Analyst (CFA) exam.
Written by Petar Petrov
Reviewed by Petar Petrov
FedEx Corp (FDX): Waiting for the Spin-off
TradingKey - Parcel delivery, the main business of FedEx, is a difficult industry with low margins and low bargaining power against larger e-commerce clients, thus the current low multiple.
Tue, Aug 5
Palantir 2Q25 Earnings Preview: What to Expect from this Meme Stock?
TradingKey - Palantir will release its earnings for the second quarter of the fiscal 2025 on August 4th.Palantir business can be divided into two parts based on the customers – government and commercial business, both facing rather different dynamics:
Fri, Aug 1
Microsoft 4Q25 Earnings Comment: Azure is Leading the Parade
TradingKey - Microsoft will release its earnings for the second quarter of the fiscal 2025 on July 30th after the market closed:- 4Q25 Earnings per share: $3.65 vs $3.37 estimate (+24% y/y) - 4Q25 Revenue: $76.44 vs $73.93bn estimate (+19% y/y)
Thu, Jul 31
Meta 2Q25 Earnings Comment: We are yet to See the Effects of the Hiring Bonanza
Meta currently trades at just 27x PE as its current state of ad business is solid. However, investors want to see whether the large spending on both infrastructure and talent actually moves the needle for the AI initiatives.
Thu, Jul 31
Visa 3Q25 Earnings Comment: Resilient Spending but Valuation is Already High
TradingKey - Visa once again beat the estimates for EPS and revenue, which is a good thing, as it shows certain resilience in macro spending. The volume of payments was also up 8% on a yearly basis. Even within the cross-border segment, we see solid results (12% increase in cross-border volume)...
Wed, Jul 30
Carnival Corp (CCL): Debt is still a Stone on the Neck
TradingKey - The huge debt of Carnival remains a stone on the neck, as this will prevent the company renewing its already old fleet (in contrast with competitors). However, the overall interest towards cruise trips, as well as the development of exclusive-port amenities, will bring modest top line..
Mon, Jul 28
Newmont 2Q25 Earnings Comment
TradingKey - Newmont Corp. released its earnings for the second quarter of the fiscal 2025 on July 24th after the bell.
Fri, Jul 25
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Alphabet 2Q25 Earnings Comment
TradingKey - Alphabet(GOOGL) will release its earnings for the second quarter of the fiscal 2025 on July 23rd after the bell.
Thu, Jul 24
CarMax (KMX) – The Future of the Used Car Business
TradingKey - We see more downsides than upsides for CarMax and the used-car retailers. Firstly, the competition is too intense, the market is very fragmented and there is no proper differentiation. Also, the strength of the used-car industry in terms of ASP is mostly due to the weakness of the...
Wed, Jul 23
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Match Group (MTCH): Cautiously Swiping Right on It
TradingKey - Currently the market dislikes dating app stocks like Match and Bumble, and for a reason. The user engagement has been declining for a while, and the stock has gone nowhere in the last two years.
Mon, Jul 21
American Express 2Q25 Earnings Comment
TradingKey - AmEx released its earnings for the second quarter of the fiscal 2025 on July 18th before the market bell. 2Q25 Earnings per share: $4.08 vs $3.87 estimate (+17% y/y).2Q25 Revenue: $17.86bn vs $17.70bn estimate (+9% y/y)
Mon, Jul 21
Netflix 2Q25 Earnings Comment
Netflix seems unstoppable at the moment, with great content, ability to boost prices and emerging advertising revenue. But the higher you climb, the harder you fall.
Fri, Jul 18
Wells Fargo 2Q25 Earnings Comment
TradingKey - Wells Fargo released its 2Q25 earnings on July 15th before the market opened. 2Q25 Earnings per share: $1.60 vs estimate of $1.33 (+20.3% y/y) . 2Q25 Revenue: $20.82 vs estimate of $20.76bn (+0.3% y/y)
Wed, Jul 16
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Philip Morris International (PM): Successfully Moving Away from Traditional Products
TradingKey - Philip Morris International (PM) is perhaps the best positioned consumer stock at this moment. No other tobacco firm comes closer to the efforts PM is making to move away from traditional combustible products and no other big consumer company has the earnings growth potential as PM is h
Wed, Jul 16
Delta Air Lines (DAL): No Turbulence Ahead
TradingKey - Delta Air Lines has been long underperforming the broad market, but we believe this should change. The market is yet to price in the resilient spending of the premium travelers, and the ability of DAL to increase their shareholder returns in the form of dividends and buybacks.
Tue, Jul 15
5 Principles Behind Warren Buffett’s $100B Portfolio
Everyone knows Warren Buffett. He’s one of the most successful investors of all time, with a fortune of over US$100 billion. He bought his first stock when he was 11, became the CEO of Berkshire at 35, and continues to hold the role today. The big question here is: How did he do it? Wha
Tue, Jul 15
LVS: A Solid Exposure on Improving Consumer Sentiment in China
Las Vegas Sands is currently traded at the similar price it was traded during COVID. We believe there is plenty of room for growth since Macau visitors from the second-tier cities of China have not returned yet. Also, there are promising expansion projects in both Macau and Singapore.
Wed, Jul 9
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INTU: QuickBooks Continues to be a Major Driver
TradingKey - Intuit (INTU) stock had a great rally recently, being up 40% since April. We believe the company is not very cheap anymore. However, there is still an upside of 15% left, due to the good momentum of dominating the accounting software market for SMEs and expanding towards mid-market...
Tue, Jul 8
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Pop Mart (9992 HK): How Long will the Sensation Last
With its well-designed collection of Intellectual Properties (IPs) and collaboration with in-house and third-party designers, Pop Mart rides the consumer trends leading to this high level of growth. The company has plenty of opportunities in a more lucrative overseas market. Despite being up 180% in
Mon, Jun 30
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[IN-DEPTH ANALYSIS] Coupang: Dominating the South Korean Market One Step at a Time
TradingKey - Coupang growth is fueled by the suitable macro environment in Korea, as well as the very strong business moat, namely logistics infrastructure. The impressive market share expansion (from 11% to 25% within five years) is probably the best evidence for it. The stable top-line growth...
Mon, Jun 23
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