All ideas

Foot Locker is facing significant challenges due to its reliance on Nike, which accounts for 73% of its sales. A decline in Nike's average selling prices (ASPs) and market share will directly impact F

Foot Locker is facing significant challenges as its largest supplier, Nike, shifts focus towards direct-to-consumer sales, which threatens Foot Locker's inventory advantage. Additionally, the average

Norbord is a Canadian-listed company with a significant portion of its operations and profits tied to the housing rebound in the U.S., making it an attractive investment opportunity.

Rupal Bhansali views Microsoft as an enterprise staple deserving of a valuation multiple similar to consumer staples. Despite market perceptions of Microsoft as a high-risk technology company, Bhansal

Ameren (AEE) is a regulated utility with a history of good returns, but it faced challenges during the financial crisis when it cut its dividend, leading to a sharp stock sell-off. The new management'

East West Bank (EWBC) is positioned as a relationship bank with a strong track record of financial performance and a diversified loan portfolio. The bank's expertise in facilitating business between C

The senior secured 2018 bonds of Soho House offer a compelling risk-adjusted return due to the stable, recurring revenue nature of the business, which has a growing member base and low churn. Despite

Carriage Services is well-positioned to benefit from demographic tailwinds as the Baby Boomer generation ages and passes away, leading to increased demand for funeral and cemetery services. The compan

The short thesis for Cardtronics is based on declining cash usage, limited growth opportunities, and the loss of its largest customer, which will increase competition. The company is trading near its

Assurant is a niche insurer that has shown resilience and adaptability in its business model. With a new CEO from outside the industry, the company is focusing on profitable niches and has a history o

Fidelity National Financial operates in a consolidated industry providing necessary title insurance services. The company's CEO, Bill Foley, has a strong track record of creating value through strateg

Michelin has strong pricing power in the tire market, particularly for high-end vehicles. Despite concerns about the cyclical nature of the auto industry, tires are a consumable product that need to b

China Mobile is a dominant wireless carrier in China with over 750 million subscribers and a 66% market share. The company is expected to benefit from the increasing data usage as consumers migrate to

Adient is the largest manufacturer of auto seating and is viewed as a misunderstood business with significant competitive barriers. The company is expected to benefit from the shift towards autonomous

Facebook looks incredibly cheap when considering its long-term potential for revenue and earnings growth, particularly as it garners a significant share of advertising dollars relative to time spent o

Sony is exploring opportunities in virtual reality (VR), which is still in its early stages but has potential applications in gaming and consumer electronics. The company is well-positioned to leverag

Analog Devices is a unique semiconductor company with strong cash flow, high gross margins, and low capital expenditures. The company has a diverse customer base and operates in a market with high bar

UHAL is undervalued at 6.7x forward EV/EBITDA and 12.5x forward P/E, especially given its strong return metrics of 11% ROIC and 21% ROE. The company is expected to experience significant margin expans

The firm has been invested in Big 5 Sporting Goods for eight or nine years, with a partner on the board since 2011. The company has shown significant growth from around $7.50 to close to $17 per share

Insperity is a professional employment organization that has been underperforming due to governance issues and management compensation not being tied to performance. The firm believes that the busines

Facebook fits the investment framework of a 'compounder' due to its strong network effects on both the supply (users) and demand (advertisers) sides. With a total addressable market for advertising ex

AMERCO is poised for continued revenue growth driven by demographic shifts towards renting versus home ownership, with a strong market share in the self-move rental market. The company has aggressivel

Skyworks Solutions has excellent operational economics with best-in-class revenue growth and profitability, driven by their unique ability to package RF components in smartphones. The company has a lo

Skyworks Solutions is undervalued due to market overreactions to a slowdown in Apple smartphone sales, which has led to a significant drop in stock price. The company has a strong revenue growth poten