RESEARCH
AI boom about to create bottleneck in HBM chips, where Nvidia's supplier SK hynix holds a 60% market share. Here’s how it will triple earnings
This will result in mid-single-digit P/E by 2025-26e. Here’s how.
RESEARCH
Buy 50% growth after 60% pullback?
Scanning for stocks with a market cap above $2 billion, a FCF margin +5%, and a YTD drop of 40% (60% since peak in May), Celsius Holdings (CELH) quickly stands out. But what are CELH's real growth prospects, and how much of growth deceleration is priced in?
RESEARCH
$46m Mkt Cap data center services company poised to benefit from Musk's xAI/Dell supercomputer project
With Dell commissioned to construct a massive supercomputer for xAI in Memphis, this initiative is poised to benefit the entire ecosystem of suppliers in the region. Here is our top pick offering asymmetric return potential.
RESEARCH
Brent has collapsed after OPEC+ meeting: Opportunity or time to stay away?
Oil prices have dropped over 9% in the past five days due to fears of increasing supply from OPEC+ and weakening global demand. Conversely, geopolitical unrest is growing as Brent crude has reached an important technical level.
RESEARCH
Supply-demand dynamics show all ingredients for a surge in Silver
With industry-driven demand projected to outpace a structurally declining supply by 21% in 2024, silver is poised for a parabolic move.
RESEARCH
Solid competitive position, cash generation and technicals support defying weakness for a rebound
Despite recent growth deceleration, EVO's dominant position in live casino, stable margins, and strong cash generation present a compelling opportunity amidst a sharp stock pullback. With the price now at a key support level and favorable technical indicators, we anticipate a +20% rebound.
RESEARCH
Scorpio Tankers: Primed to profit from geopolitical turbulence
With surging geopolitical tensions and years of deleveraging, Scorpio Tankers is primed to gain, now heading for over $1B in CF in 2024. But after a 70% rally, timing is tricky.
RESEARCH
Can Cyclical be weeded out from Secular Industrial growth?
A booming copper price signals a strong economy, now largely driven by secular factors like the energy transition. To weed out the plain-vanilla cyclicals from the secular growth driven industry stocks, we make a case for Momentum ETF PRN over SPDR Industrial ETF XLI.
RESEARCH
Perfect storm in cocoa continues: Brace for a new price surge
Despite a 40% pullback in the parabolic cocoa rally, hedge fund manager Pierre Andurand believes cocoa has another leg up to go. Several structural factors with near-term impact, combined with a 10-year replant cycle and a technically appealing setup, suggest he will likely be right.
RESEARCH
Huge blind spot risk to the EV market
With copper surging above $10,000 per tonne, there’s $140-680 literally dangling up for grabs, in places where no one is watching at night. All solutions to this problem will come at tremendous cost.
RESEARCH
Five reasons we'll see new ATHs in the US soon
Despite a more mixed macroeconomic picture, we see five factors that offer robust support for new ATHs on the SPX in the near future.
RESEARCH
Reddit set to catch up to tech giants
While a small niche player in social media and not yet profitable, Reddit boasts a unique platform, high gross margins, outsized growth among high-value US users, and a strong focus on improved monetization. These factors should drive a closing of the gap to peers.
RESEARCH
Utilities have led SPX in the past month, here's why insiders are piling in: Highlights from the first 3 reports of top 15 giants
In the past month, the Utilities sector (XLU) have outperformed the SPX by nearly 8ppt. Now, three of the top 15 companies have reported for Q1, showing that the Utilities sector are at a crossroads.
RESEARCH
Evidence is mounting of a Chinese devaluation - Here are two ways to play it
While there is mounting evidence pointing to an imminent devaluation of the Chinese CNY, it is surprisingly hard to get exposure to such an event after the ETF CYB was discontinued in 2023. Here are two ways to play it.