23 Excellent Stock Pitches (16th-31st May) 🔥
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Ok lets dive into this weeks newsletter.
Below are the stock pitches we’ve enjoyed reading in the past 2 weeks →
Palace Capital (PCA)
Written by
The cheapest property company in the UK....oh....and it's almost debt free.
Rémy Cointreau (RCO)
Written by
We revisit Rémy Cointreau after shares have fallen back 26% since the start of 2022.
Outbrain (OB)
Written by
A highly asymmetric stock with ~60% of market cap in net cash and at ~1x EBITDA with improving fundamentals.
Clarkson PLC (CKN)
Written by
An "all-weather company" trading at a low multiple that's set to profit in the coming decade.
Blackstone Loan Financing Ltd (BGLF)
Written by
Attractive yield, but discount is illusory.
Canadian Tire (CTC)
Written by
This diverse company really is a bet on the entire Canadian economy.
Hingham Institution for Savings (HIFS)
Written by
Hingham Institution for Savings is a conservative and high quality bank based in Boston caught in a strong inverting yield curve storm.
Ecora Resources (ECOR)
Written by Firm Returns
A royalty and streaming company based in London, and listed on the LSE with a market cap of £300m.
ArcBest (ARCB)
Written by Bleeckers Street Research
With respect to the Teamsters and ArcBest management, we are short the stock. We believe the sell-side is vastly misguided on this as an acquisition candidate and we believe the liabilities are very real.
Tokyo Electron (8035)
Written by
A strong semicap player nearing the bottom of the cycle with an attractive long term outlook.
STEICO (ST5)
Written by Abilitato
Energy renovation is booming, new construction is breaking a – what to do?
Burberry (BRBY)
Written by Undervalued Shares
As British as Big Ben, James Bond, and the Queen – and just about as well known. Ask anyone about a British luxury brand, and Burberry will likely be the first name they mention.
Aneka Tambang (ANTM.JK)
Written by
A state-owned gold and nickel miner in Indonesia, which has the largest nickel deposits in the world. The Company has the largest nickel reserves among its local peers.
Chinook Therapeutics Inc (KDNY)
Written by Muddy Waters
Muddy Waters is short KDNY because we believe it is highly unlikely that atrasentan, its lead product candidate, will be approved by the FDA.
Chemed (CHE)
Written by
A holding company which is currently the home to two businesses, Roto-Rooter (plumbing services) and Vitas (hospice care). Its capital allocation is second to none.
Maurel & Prom (MAU)
Written by
E&P company focused in Africa, but with additional interests in France, Italy, Colombia and Venezuela.Â
DaVita (DVA)
Written by
One of the largest dialysis providers in the United States.
Dun & Bradstreet’s (D&B)
Written by
Dun & Bradstreet’s roots go back to 1841 when Lewis Tappan recognized the need for a centralized credit reporting system and formed The Mercantile Agency in NYC.
Quipt Home Medical (QIPT)
Written by
An illogical sell-off gives investors a second chance to own Quipt Home Medical.
Distribution Solutions Group (DSGR)
Written by
An industrial distribution business that operates globally offering distribution of over 400,000 distinct SKUs to MROs and OEMs. The DCF model shows that fair value in my base case is ~$72.00/share, which is 59% higher than the current share price.
Porsche SE (PAH3)
Written by
A great opportunity for investors with a long term view. It gives us the opportunity to buy great assets, like Volkswagen and Porsche AG at discounted prices. And while we wait until the stock goes up, we collect dividends of 5 % per year.
FG Holdings (FGH)
Written by
The current value of the investments, cash, and real estate equals ~$81.7M-$90.7M, the book value sits at ~$42.7M and the market cap is $34M. Will the sum-of-the-parts thesis ever work?
CI Financial (CIX)
Written by
CIX is not a rinky dink resource exploration company listed on the TSX Venture exchange. But for a couple days in mid-May, it acted like one.
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Disclaimer
This article is for informational and educational purposes only, and should not be seen as investment advice. Please do your own research before investing in any company mentioned.
Thank you for including our investment theses Jon!
Great stuff as always, thank you!