All ideas

We recommend investors buy Clean Harbors, Inc. (CLH) stock with a 12-18-month target share price of $85-95, representing ~50-70% upside. The investment thesis is based on the fair valuation of the cor

We recommend a long position in Carnival Corp. (CCL) with a two-year target price of ~$57, representing ~53% upside from the 4/17/14 share price of $37.32. The stock is trading at a significant discou

We recommend shorting Cablevision (CVC) with a potential return of +52%. The investment thesis is based on the real and accelerating threat from Verizon FiOS, which is expected to lead to significant

We recommend investors buy Allegion equity with a base case price target of $75, representing ~50% upside from the current share price. The investment thesis is supported by expected accelerating topl

Orion Marine is positioned to benefit from increased demand for marine construction due to the need for deeper ports in the U.S. and the upcoming projects from the Army Corps of Engineers. The stock i

Blackstone Mortgage Trust is a new real estate finance company that trades at 113% of book value and yields 6.43%, which is considered a reasonable risk given the current market conditions.

Annaly Capital Management is a mortgage real estate investment trust that trades at 83% of book value and yields 11.4%, making it a reasonable risk for income-seeking investors.

Post Holdings is positioned for significant growth due to its strong management team led by Bill Stiritz, who has a proven track record of delivering shareholder value through strategic acquisitions a

Pandora is positioned for significant growth as it has found ways to monetize mobile listeners effectively, with barriers to radio advertising decreasing. The company is capturing a larger share of th

Short World Acceptance Corp. (NASDAQ: WRLD) with a target price of $46, a 48% short upside from its current level. The core business is deteriorating with increasing delinquency rates and regulatory p

XPO is positioned to capitalize on a large and growing market in third-party logistics with significant acquisition opportunities. The company has a strong management team led by CEO Brad Jacobs, who

Buy XPO Logistics shares with a target price of $49 over three years, representing an 87% upside. The investment thesis is supported by the company's position in a large and growing market, high freig

FUEL is overvalued at 5.9x 2014E revenue compared to the industry average of 2.2x, with no earnings or positive cash flow expected until 2016. The company faces significant competition and margin comp

Iraq has the potential for significant economic growth due to its increasing oil production, greater foreign exchange reserves, and higher GDP per capita compared to Nigeria, despite both countries fa

Howard Hughes is expected to continue developing its assets and adding value over a long period of time. The company has been owned since its spin-off from General Growth Properties and has tremendous

SeraCare was interesting and relatively straightforward in terms of the work, and we understood how the issues applied to the company and why it was protected from a lot of challenges in the healthcar

Osteotech was a situation where a large institutional investor asked us to partner with them. We ran a campaign to replace the entire board, and it was a good investment that resulted in shareholders

We had the thesis that over five years the stock would be at least a triple because we were investing at half of stated tangible book value, investment income was below normal due to artificially depr

SeraCare Life Sciences is a post-bankruptcy small company that provides critical reagents to laboratories. The investment thesis is based on the company's durable competitive advantage due to the nece

Rocket Fuel Inc. is overvalued at 5.9x 2014E revenue compared to the average of 2.2x in the ad-tech space. Despite expected revenue growth, the company's business model is not as strong as valuations

Baghdad Soft Drinks has a dominant market position in Iraq with Pepsi holding 80% market share. The company has improved operational efficiency and is expected to see significant revenue growth due to

American Greetings creates tremendous value for their customers despite flat industry demand trends. They maintain strong relationships with retail partners and have long-term contracts that support t

BUY Homex 9.75% Senior 2020 Notes. Even under aggressive downside scenarios, making money requires only a 5% probability that the notes remain performing. I estimate this probability as at least 30% d

VeriSign is considered a beautiful business, although it may not be cheap. The investor feels that it could fit within their circle of competence, indicating a potential interest in the company despit