Charles Brandes Increases Stake in Phibro Animal Health Corp\n\nRenowned investor Charles Brandes has recently increased his firm’s stake in Phibro Animal Health Corp (NASDAQ:PAHC). This transaction, which took place on November 30, 2023, has brought the total holdings to 2,040,380 shares, representing a 10.03% ownership in PAHC and a 0.38% position in Brandes’ portfolio.\n\nBrandes Investment Partners, led by Charles Brandes until his retirement in 2018, is known for its global equity and fixed-income asset management. The firm’s investment philosophy is centered on purchasing undervalued securities and holding them until their true worth is recognized by the market.\n\nPAHC, a diversified company in the animal health and mineral nutrition industry, has been developing, manufacturing, and marketing products for various food animals since its IPO in 2014. With a market capitalization of $469.033 million and a current stock price of $11.58, PAHC is significantly undervalued according to the GF Value of $21.02.\n\nThe recent acquisition by Charles Brandes has a modest impact on the portfolio, yet it signifies a strong conviction in PAHC’s value proposition. The company has a strong financial standing, with a current ratio of 3.56 and a history of revenue growth. Its recent acquisition of Osprey Biotechnics, a leader in microbial solutions, is expected to drive growth and diversify its product portfolio. In addition, PAHC has a strong presence in emerging markets, which is expected to contribute to its long-term growth.\n\nIn a Charles Brandes’ increased stake in Phibro Animal Health Corp reflects his confidence in the company’s value and potential for growth. As an experienced investor, Brandes has a strong track record of identifying undervalued securities and holding them for long-term gains.

"ServiceNow Continues to Impress in the Cloud Software Industry\n\nServiceNow (NOW) has been making waves in the cloud software industry with its strong financial performance and stock growth. In the latest trading session, NOW closed at $716.48, marking a +1.61% increase from the previous day. This outpaced the S&P 500's daily gain of 0.46%, showcasing the company's solid fundamentals and resilience in the market.\n\nThe maker of software that automates companies' technology operations has seen a 10.45% increase in its shares over the last month, surpassing the Computer and Technology sector's gain of 4.16% and the S&P 500's gain of 4.85%. \n\nAnalysts are expecting ServiceNow to post earnings of $2.78 per share, marking a 21.93% year-over-year growth. Alongside, the consensus estimate for revenue is $2.4 billion, indicating a 23.47% upward movement from the same quarter last year. These impressive figures are in line with the company's full-year Zacks Consensus Estimates, which are calling for earnings of $10.44 per share and revenue of $8.93 billion. These results would represent year-over-year changes of +37.55% and +23.27%, respectively.\n\nPositive changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. This has been proven by the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. With a Zacks Rank of #2 (Buy), ServiceNow is well-positioned for future growth.\n\nIn terms of valuation, ServiceNow is currently trading at a Forward PE ratio of 67.55, which is higher than the industry average of 25.09. This premium is justified by the company's strong growth potential, as reflected by its PEG ratio of 2.39. This ratio takes into account the company's expected earnings growth trajectory, and as the market closed yesterday, the Computers - IT Services industry had an average PEG ratio of 2.39.\n\nThe Computers