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.
The Big Secret on Wall Street (this week)
Holding On To Power
This excerpt from The Dictator’s Handbook explains that institutions are bubbling cauldrons of individual agendas that may or may not overlap with that of the institution. The authors pack the book with vivid stories and examples.
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
The “King of Bankruptcy” With Nerves of Steel
Wilbur Ross engaged in the nitty-gritty of negotiations among distressed companies and their creditors during his decades at the center of some of Wall Street’s biggest bankruptcies. In this exclusive excerpt from his upcoming memoir, Risks and Returns, Ross provides readers a fresh viewpoint as someone who was in the game.
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.
The Quiet Decline of a Discount Broker
We know this company as a popular discount broker but as it has moved into retail banking it is finding itself slowly slipping under water.
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.
The Big AI Letdown
A wave of AI skepticism has emerged from Wall Street and the mainstream financial media. Despite two years of hype, it is not living up to its promises of creating more revenue and productivity.
The “Right to Wealth” Manifesto
To honor Independence Day, we’ve put together a special report… about your right to wealth. To pursue it, create it, keep it, compound it, and pass it on to your children and grandchildren.
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.