Double Down or Sell
The share prices of the four businesses we review in this issue got whacked by the overall slowdown in the economy – but except for one that we recommend selling, the long-term outlook for them remains bullish.
Portfolio Update
A Normally Quiet Month That Went Bang!
This monthly update explains why stocks in the Activist Investor portfolio tend not to follow the wild gyrations of market volatility, while also providing a look at most of the recommendations in the portfolio.
Sell Alert: iHeart Media 6.375% 5/1/2026 bond
We recommend selling the iHeart Media (Nasdaq: IHRT) 6.375% bonds because of concerns about the poor performance of the company’s radio stations. iHeart reported operating results for the quarter ending June 30 that were in line with the company’s lowered expectations. Revenue was $929 million, up 1% in the same quarter last year. Operating profit
Sell Alert: Close ATKR Position as Q3 Results Disappoint
We are recommending selling shares of electrical-infrastructure equipment maker Atkore (NYSE: ATKR). The company reported disappointing results for its fiscal Q3 earnings period (ending June 30). We’ll provide an in-depth review of the results in the upcoming portfolio update on August 16. For now, the key takeaway is that the company has suffered from a
Recession Indicator Flashes Red
The economy has reached a critical inflection point, with widespread consumer distress and a stalling labor market signaling an imminent recession. We’re bracing for a bear market, and providing an update on some of the recommendations in The Big Secret portfolio.
When Personalities Trump the Numbers
When the King of Bankruptcy Wilbur Ross and Donald Trump negotiated the terms of a distressed-bond settlement, Ross’ knowledge of the casino operator’s ability to pay helped him win the deal.
Powering the Revolution
Coal – yes, coal – will save today’s computing revolution. One U.S. producer of this throwback energy source is thriving, despite the best efforts of American policymakers to bankrupt the industry. Wall Street hates this stock, so you can buy it for a bargain.
Sitting on Lows, Waiting for Turnaround
The Activist Investor goal is to buy shares before they soar: investing in activist campaign stocks that have been sold off to their lowest levels… then benefit as these companies begin to turn around and prosper.
Outsmarting Big Pharma
This month’s issue of Biotech Frontiers focuses on a fast follower whose stock is poised to soar because it has a better version of a successful medicine… which it has also, strategically, chosen to make available at a better price.
The Missing Piece of the Computing Revolution
While it doesn’t get much attention in the media, this under-the-radar chipmaker is poised to become one of the biggest winners from today’s parallel-computing revolution – and it’s a company Nvidia greatly relies on.