Recent Posts
I did a recent post on Sun Communities, a manufactured housing and RV park manager. I liked the core business and outlook, but returns on capital seemed too low and …
KAR auction services, the company that runs used car auctions, looks on sale right now. KAR has been under pressure from COVID impacts to the business, but unlike other COVID-impacted …
Masco is a leading building products company. If you own a home, there is a decent chance you’ve bought their products at some point. Products range from Behr and Kilz …
Last year, I laid out a handful of “secret SaaS” businesses. SaaS companies are getting massive valuations because they have highly recurring revenues (which provides earnings visibility), have low churn …
Coke has taken a hit due to a long-battled tax dispute with the IRS. A recent court decision is saying Coca-cola needs to pay $3.4BN in additional taxes. The tax …
“We have turned the clock back. We’re actually now only in the fourth inning. We see a tremendous runway ahead of us there” CEO Todd Vasos didn’t mince his words. …
When I first heard that IFF was buying Dupont’s Nutrition and Biosciences business, I gagged. I had known IFF from my time covering chemicals and knew it as a “secret …
I’ve posted two recent “discount to NAV” plays recently, LADR and CET. I also had a disappointing call on CPLG, which thankfully I decided to exit. While I think those …
The energy market is completely bombed out. If you tried to pitch an energy stock right now, I’m pretty sure no one would listen to you. Personally, I don’t know …
I’m sure you’ve seen it by now. You’re checking out online and you see a notification that says, “Why pay $180 now when you can pay 6 payments of $30…”. …
What if I told you there was a company with an average ROE > 22% over the past 10 years… It also earns a double-digit ROIC… What if I told …
News of a Pfizer vaccine has sent COVID-impacted names soaring. However, some areas still look very cheap, particularly in the movie theater space. National Cinemedia is a decent bet and …
Ladder Capital stock is a high conviction name for me. It is one where I see little downside and significant upside and also a situation where you are paid to …
I published an AWS piece in March 2019 that is counter to what most people are saying. My note could be boiled down to 3 thoughts: AWS is a good …
I’ve recently been following Angie Homeservices (ticker: ANGI), which is ~85% owned by IAC. I’ve also followed Yelp for some time. But as I get more up to speed on …
I think Yum! China meets a lot of the criteria of a stock that will compound earnings for the next decade. I like it for 3 main reasons: Long growth …
I have the opportunity to again share the work from a friend & prior guest poster – the same author who imparted his views on cruise stocks in a prior …
Perception around Dropbox stock is eerily similar to Facebook. To be clear, investor perception of what is going on with the company seems to be different than reality. Whenever I …
It’s always a pleasure to share these pages with like-minded people. Today’s post was written by a very smart, very diligent guy — who just so happens to be a …
Walmart announced a new partnership with e-commerce platform Shopify. Shopify is used today by over 1 million small-to-medium sized businesses, offering services “including payments, marketing, shipping and customer engagement tools …
- Why is Everyone Freaking Out about Hertz Issuing Equity in Bankruptcy? I Break It Down $HTZ #COVID19
Well, it happened. Hertz is cleared to issue equity in bankruptcy on Friday, June 12. This is a monumental day (which I live tweeted the hearing process on my twitter …
Many know the history behind McDonald’s, but if you don’t I highly recommend the movie The Founder. It details how McDonald’s started as a simple restaurant business, but Ray Kroc …
In this post, I am going to compare Home Depot vs. Lowe’s. Note, I’m now including this in my Competitive Strategy series, as I think the decisions Home Depot has …
Fastenal is a company that sells nuts, bolts, and other industrial and construction supplies. Pretty simple business – and definitely not sexy. How then has Fastenal stock created so much …
NVR stock has absolutely crushed the competition. The company is a homebuilder, which isn’t a very good business, but has a differentiated strategy than its peers. Below is a chart …
What better way to open my new Competitive Strategy Series than to focus on Amazon – a company that has had great success the past two decades. But Amazon’s business …
I’m launching a new, recurring series called: Competitive Strategy – Spotlight on Decisions that Strengthened Companies, No Matter the Industry. Why am I doing this? Frankly, I am tired of …
Timeshare stocks look attractive… as does their debt. I know what you are thinking – time shares are the last place I want to be investing right now. Just look …
The mortgage market is in turmoil right now. While congress passed the “CARES Act” to provide relief to families impacted by COVID-19, there were clearly some unintended consequences. First Mortgage …
4 companies I think Warren Buffett could buy in the coming year