Published: April 06, 2022
A new report from Spruce Point Capital Management CIO Ben Axler targets Stryker Corp. (NYSE: SYK), a $118 billion market cap medical technology company. SYK shares were down nearly 20% before recovering in mid-afternoon trading.
Published: October 28, 2015
Bitcoin’s largest volatility events have been for the most part attributable to news events. Such events have involved bitcoin companies, global macroeconomic crises, law enforcement actions, regulatory developments and so on. The most notable of these have been the Mt. Gox collapse, the arrest o...
Published: August 27, 2015
The TARP warrants were originally issued to the government when the Treasury provided capital to the banks and other institutions during the financial crisis. Sometimes when you provide a large amount of capital in the form of debt or preferred shares you may also receive warrants to participate ...
Published: April 03, 2015
Corsus Capital is long Citigroup. To find our investment we have used various screeners based on parameters such as P/E, P/TBV, CET1, PB, efficiency ratio, DTA schedule etc. to identify a company that is not only trading at a significant discount to peers but also has a significant potential for ...
Published: September 04, 2014
Many investors have continued to avoid the large money center banks and their valuations reflect such avoidance and JP Morgan even more so than the others. Do these low valuations reflect the turbulences of yesterday, or tomorrow? I would argue rear view mirror assessment on the headline inducing...
Published: January 15, 2014
Berkotwitz’s Fairholme Fund appears to be much more concentrated than most funds. This is particularly evident in the fact that American International Group (AIG:US), the provider of insurance products, makes up nearly 50% of the Fund’s total holdings. SumZero analysts have been surprisingly bull...
Published: April 04, 2013
Wells Fargo TARP warrants presents an interesting, cheap, low risk way to leverage on Wells Fargo excellent culture and financials and profit enormously from the bank stock appreciation.
Published: December 20, 2012
Bank of America is rapidly becoming a lean, mean profit-making machine. Through cost cutting, lower delinquencies and lower litigation, BAC has earnings power over $30bn and is worth $25 per share.
Published: September 05, 2012
There will be no highflying heroics in my idea. Just standing under the bucket consistently and reliably hitting three point layups. Yes, three point layups. Buying a great company at a fair price that will grow over time is a two point layup and a reliable and consistent path to investment succe...
Published: September 11, 2012
Wells Fargo (NYSE: WFC)--Long
Current Price: $30.25 Target Price: $40.00
Source: Hedge Fund. Atlanta, GA.
Quick Pitch: With the integration of Wachovia to be fully complete by the end of the first quarter in 2012 and the U.S. economy plodding steadily along—albeit at a rate lower than which ...