The largest movie theater operator in the world, the business we feature this month struggled after the pandemic, but management improved operations and bought distressed competitors and now is on a path to pre-pandemic levels of profitability.
In today’s Journal, Porter talks about America’s huge $35 trillion debt level. These debts are already so large, there’s no legitimate market-based way to finance the astronomical growth in government spending that lies ahead. “I’m not talking about a crisis in 2040,” he says. “I’m talking about a crisis by 2026.”
Editors note: On Tuesdays we turn the spotlight outside of Porter & Co. to bring you exclusive access to the research, the thinking, and the investment ideas of the analysts who Porter follows. My Brother From Another Mother We’re about as dissimilar as it’s possible to be. I’m a dyed-in-the-wool American who loves hunting, fishing, and raising a ruckus. If
In today’s Journal, Porter explains the simple reason why this one sector of the market always outperforms the overall market and always will: these companies get all of their capital for free.
In today’s Journal, Porter explains the simple reason why this one sector of the market always outperforms the overall market and always will: these companies get all of their capital for free.
For a variety of economic reasons, biotech has not participated in the current tech rally. And, as a result, there has likely never been a wider gap between tech stocks and biotech stocks. Right now, as we report in this week’s issue, a major biotech bull market is forming.
Our recommendation this month is a company on the vanguard of gene therapy, with several transformative medicines in its pipeline. Best of all, this company trades at a negative enterprise value, making it a compelling value – beyond its scientific promise.
Today, Porter writes about Richard Russell, loved by investors for his market prognostications, but whose most insightful legacy is the surprisingly simple and timeless principles of successful investment that still stand the test of time.
