William Barton Thesis GSK plc (NYSE:GSK) trades at low price multiples relative to competitors. At the surface, it looks like a good buy. However, in my opinion, the lower multiples reflect weaker later stage pipeline relative to competitors. Current pipeline will not face significant patent expirations over the next couple of years, but GSK needs…
FG Trade Latin Tilly’s (NYSE:TLYS) is an American apparel retailer focused on adolescents and young people. The company had a difficult 2023, with same-store sales falling significantly compared with 2022 and even more with the 2021 pandemic boom period. On the positive, the stock does not seem overvalued compared to mean-reverted profitability, and the company…
Pgiam/iStock via Getty Images Partners Group (OTCPK:PGPHF) is probably a little expensive. There is a high probability of AUM growth, which we are comfortable assuming given AM dynamics. PEs are not too bad, with the fixed fees being pretty reliable given the state of the asset class. We have concerns around how recent 2021 investment…
Funtay Tobacco company British American Tobacco (NYSE:BTI) (OTCPK:BTAFF) or BAT for short, has had a poor year at the stock markets, with a 23% decline in price year-to-date [YTD]. With a proportionally bigger price decline, even with a high trailing twelve months [TTM] dividend yield of 9.2%, its total returns are down by 19%. In…
franckreporter Investment brief Following a sharp selloff in H2 FY’23, Granite Construction Incorporated (NYSE:GVA) came onto our radar as a potentially cheap company with exposure to listed infrastructure-a sector that has shown promise in the current market. Working through the layers however it appears there are multiple hurdles to still overcome to catch a buy…
AleMasche72/iStock Editorial via Getty Images This is a challenging time for luxury stocks and Prada S.p.A. (OTCPK:PRDSF) is no exception. Since the last time I wrote about it in April, its ADR (OTCPK:PRDSY) has seen a 23% drop. This is similar to its peers’ performance, except Hermès (OTCPK:HESAY), which has seen a smaller decline. Price…
Nalidsa Sukprasert Since the last time I wrote about the British luxury fashion company Burberry (OTCPK:BURBY) in May, its share price has seen a small correction of 2.6%. This is hardly any movement over five months, and it’s in line with what I had expected then. I was “on the fence about it short-term future…
Pgiam/iStock via Getty Images Investment briefing The equity stock of Myers Industries (NYSE:MYE) has been hammered down in 2023 despite robust fundamentals and economic performance. Based on the critical investment facts outlined here, the facts pattern does not support this punishment in my view. MYE is a company that works in the design, manufacturing, and…
Scott Olson Shake Shack (NYSE:SHAK) is a popular, growing hamburger joint. That said, it is my premise that the share price is far out of line with the fundamentals of the business and future prospects and, despite recent losses in the share price, the stock is trading at such elevated multiples it will be hard…