Luxury Powerhouse Brett Zebrowski Joins eXp Realty; His 90-Agent Boutique Closed $750M in 2024
In 2024, Zebrowski's 90-agent team generated $750 million in sales on 370 units. The boutique firm will join eXp's luxury division, continuing its legacy of serving high-end clientele throughout the South Bay, Playa Del Rey, and Beverly Hills.
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Globe and Mail
2 hours ago
- Globe and Mail
3 Reasons Meta Platforms Stock Has Looked Unstoppable, but Can It Stay That Way?
Key Points Meta has been experiencing incredible growth outside of North America. Its margins have been improving and it has also continued to grow its user count. A possible breakup of the company, however, could adversely impact its growth potential. 10 stocks we like better than Meta Platforms › Meta Platforms (NASDAQ: META) stock has been jumping after the company reported earnings recently. It's now trading at all-time highs as the social media giant has continually impressed investors over the past couple of years. It has been showing strong growth on multiple fronts and has looked downright unstoppable. But whether it can continue to be a hot buy is by no means a sure thing, as there are many question marks around the company. Here's a look at what's been behind the stock's impressive performance of late, and also what risks investors should consider before buying shares of Meta Platforms. 1. Revenue has been rising fast outside of North America The headline from Meta's second-quarter earnings performance was that the company beat expectations as sales rose by 22%, totaling $47.5 billion, and they beat expectations of $44.8 billion. Earnings per share of $7.14 also came in far better than the $5.92 analysts were expecting. But what was particularly surprising and impressive was where the company's growth has been coming from. Over the past two years, advertising revenue from the U.S. and Canada has grown by a little under 42%. In other markets, the growth rate has been much higher. In Europe, revenue has risen by 56% over a two-year period and it's up 64% in Meta's rest of the world segment. Asia-Pacific growth of just over 42% was also slightly higher than the growth Meta experienced in the U.S. and Canada market. Overall, there looks to still be considerable growth potential for Meta when looking at international markets, which is an encouraging sign for growth investors. 2. Meta is becoming much more efficient Another great sign for investors is that Meta's business is doing more with less. Its expenses as a percentage of revenue have been coming down sharply in the past couple of years. Its operating margin this past quarter was 43%, versus 38% in the prior-year period. Meta has been utilizing artificial intelligence to make its operations more efficient and as it continues to do that, this trend may continue. Furthermore, if its margins expand, its bottom line can look even more impressive, making the social media stock appear cheaper in the future. 3. Number of daily active people continues to rise Back in 2022, there were concerns that Meta Platforms' business was in trouble as Facebook experienced its first-ever decline in daily users. But those fears look to be long gone as the company has now been steadily growing its user count. With close to 3.5 billion daily active people who are using one of its apps (Facebook, Instagram, Messenger, or WhatsApp), it's little wonder why the company is a top choice for marketers and ad spend. While it's not easy to continually add users when the numbers get this high, Meta has been able to do just that, demonstrating how truly unstoppable its business has been in recent years, or so it may seem. Risks investors can't afford to ignore Meta's business has looked unstoppable but that doesn't mean it doesn't come with risks. There is still an antitrust battle looming over the business that could result in the loss of two of its most highly prized assets: Instagram and WhatsApp. They are particularly popular among younger audiences and if a breakup occurs, that could be a big loss for Meta's business. And right now, investors don't appear to be pricing in that risk. Another issue is that while user count has been rising, a report from The Wall Street Journal earlier this year found the company took a lax approach to getting scammers off its platforms, and that it has effectively become a hub for fraudsters. According to an analysis from 2022, as much as 70% of new advertisers were either promoting scams or selling illegal or low-quality goods. These are potentially serious concerns that investors shouldn't overlook. While the business is doing incredibly well, if its numbers are being inflated due to bad actors on its platforms, then that could lead to significant issues down the road. Should you buy Meta Platforms' stock today? As of Thursday's close, Meta's stock has risen by 32% since the start of the year. It's trading at a forward price-to-earnings multiple of 28, based on analyst estimates. Its incredible profit growth is impressive and is a big reason why the stock continually looks cheap. But I wouldn't rush to buy the stock, at least not until there's more clarity about what happens with Instagram and WhatsApp, and if a breakup ends up taking place. And I'm also wary about its user growth, and whether scams and fake accounts could be contributing significantly to its growth. As good as Meta's results have looked in recent quarters, I'm not convinced the business is as unstoppable as it appears to be, as there could be trouble ahead. Should you invest $1,000 in Meta Platforms right now? Before you buy stock in Meta Platforms, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Meta Platforms wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025
Globe and Mail
2 hours ago
- Globe and Mail
Prediction: This Will Be Nvidia's Stock Price 3 Years From Now
Key Points Nvidia's revenue is rising alongside data center spending. Nvidia expects the global data center capital expenditure total to be $1 trillion by 2028. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) is the world's largest company and has risen to this position at an unbelievable pace, but it's far from done growing. Nvidia is one of the primary benefactors of the artificial intelligence (AI) arms race because its GPUs have become the standard computing unit that many AI companies have built their models on. There is still several years' worth of strong growth ahead for Nvidia's stock, and investors should still consider adding to an existing Nvidia position in their portfolio right now. But what kind of upside can investors expect over the next three years? Let's find out. Data center growth is driving Nvidia's success Nvidia makes graphics processing units (GPUs), computing hardware that specializes in processing arduous workloads. Originally, GPUs were intended for gaming graphics (thus the name), but they eventually found use cases beyond gaming, including engineering simulations, drug discovery, mining cryptocurrencies, and ultimately, processing AI workloads. The biggest reason Nvidia has been such a successful investment is that it's one of the primary companies that is profiting from the massive AI arms race. While many of the big tech companies are investing billions of dollars in data centers to offer AI tools that may eventually generate revenue, Nvidia is a primary recipient of this investment. While 2025 is shaping up to be a record year for data center spend, next year could be even bigger. Just look at what Meta Platforms said about 2026 capital expenditures: While the infrastructure planning process remains highly dynamic, we currently expect another year of similarly significant capital expenditures dollar growth in 2026 as we continue aggressively pursuing opportunities to bring additional capacity online to meet the needs of our artificial intelligence efforts and business operations. This quote clearly indicates that Meta is going to significantly exceed the $66 billion to $72 billion range it gave investors for 2025 capital expenditures in 2026. Many of the AI hyperscalers will likely deliver similar language as we approach 2026, and this bodes well for several companies, including Nvidia. This data center growth backs up a projection that Nvidia gave during its 2025 GTC event. In 2024, a third party estimated that global data center capital expenditures were $400 billion. By 2028, it's expected to rise to $1 trillion. If that comes true, what can shareholders expect Nvidia's stock price to be in three years? Nvidia's growth would take it to nearly $250 per share In FY 2025 (which encompasses most of 2024), Nvidia's revenue totaled $115 billion. That indicates nearly 30% of the estimated data center spend went to Nvidia. To bake a little conservatism into our projection, let's estimate that Nvidia can capture 25% of the forecasted $1 trillion. This conservatism allows the overall data center buildout figure to be smaller and allows other technologies coming to market to eat into Nvidia's data center share. That would indicate that Nvidia would generate $250 billion in data center revenue alone, but Nvidia also has other parts of its business that it can benefit from. In FY 2025, Nvidia generated $131 billion in revenue, so there is still a sizable percentage of revenue that comes from non-data center sources. 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Globe and Mail
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Should You Buy Sirius XM Stock After Earnings?
Key Points Sirius XM's self-pay subscriber base shrank, leading to a revenue decline in Q2. This business generates lots of free cash flow, which should get a boost as capital expenditures come down. The stock is cheap, leading to a high dividend yield that income investors might find appealing. 10 stocks we like better than Sirius XM › Sirius XM (NASDAQ: SIRI) has received a lot of attention among the investment community. That's because Warren Buffett-led Berkshire Hathaway is a large shareholder, owning 35.4% of the satellite radio operator. Nonetheless, this stock has tanked 64% just in the past five years (as of July 31). Sirius XM just gave investors a fresh financial update. Given that the share price fell 8% the day the news was reported, the market clearly isn't happy with the numbers. Maybe there's an opportunity here for contrarian investors. Should you buy Sirius XM stock after earnings? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Growth is hard to come by During the second quarter (ended June 30), Sirius XM's revenue dipped 2% from Q2 2024 to $2.1 billion. That was driven by a declining user base. As of June 30, there were 32.8 million paid Sirius XM subscribers, down by 460,000 over the past year. For what it's worth, Sirius XM doesn't face direct competition from any other satellite radio providers, as this is the only one that's legally allowed in the U.S. And to its benefit, the company generated 76.2% of its revenue from subscriptions in Q2, compared to a 20.2% share from advertising. This is advantageous because the sales coming from subscriptions are recurring in nature and likely more durable, whereas ad revenue can exhibit cyclicality that's influenced by macro forces. There is no denying that Sirius XM will have a hard time registering growth going forward. Consensus analyst estimates call for revenue to decline at a 0.7% annualized rate between 2024 and 2027. The key factor that has had a huge negative impact on the company is the rise of internet-enabled streaming services. Apple, Spotify, and Alphabet 's YouTube all give consumers compelling options for audio entertainment. Free cash flow remains robust Even though the company will undoubtedly struggle to grow its subscriber base and revenue going forward, Sirius XM doesn't have any issue when it comes to profitability. Although diluted earnings per share did drop 23% in Q2, the business had a net profit margin of 9.6% for the quarter. Management is focused on cost-cutting efforts. The goal is to get to $200 million in annual run-rate expense reductions. That could help with the bottom line. Sirius XM generated $402 million in free cash flow (FCF) during the second quarter, up 27%. Capital expenditures will continue decreasing in the years ahead. So, management's outlook has FCF totaling $1.5 billion in 2027. That would represent a 30.4% gain from the forecast $1.15 billion for this year. The leadership team has allocated this excess cash to the benefit of investors. Sirius XM repurchased $45 million worth of shares in Q2. Compared to the same period last year, the diluted outstanding share count has shrunk by a notable 5.6%. Appealing to dividend investors Another key part of Sirius XM's capital allocation plan is to pay a dividend, which totaled $92 million in Q2. Because the stock's valuation is dirt cheap, at a price-to-earnings (P/E) ratio of 8.1, the dividend yield sits at a hefty 5.11%. Investors can find comfort knowing that legendary investor Warren Buffett is a big shareholder in this company. He knows how to pick winning investments, so maybe the Oracle of Omaha sees something in Sirius XM. However, I think individual investors are better off avoiding this stock. Yes, the business is consistently profitable. The low P/E ratio is compelling, and the dividend yield can provide a nice income stream. But with there being intense competition from powerful streaming services, Sirius XM is facing a headwind when it comes to driving any growth. It wouldn't be surprising to see the company shrink over time. Should you invest $1,000 in Sirius XM right now? Before you buy stock in Sirius XM, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Sirius XM wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. 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