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Imagine our horror over the past 2-3 weeks as the market experiences a crash of sorts in response to the Liberation Day tariffs and investors pile into KNSL of all stocks in a “flight to...
READ MORE >We are intrroducing the Toro Company (TTC) as a long idea with a $110 Price Objective. Read on for more....
READ MORE >Over the past few weeks, we surveyed 20 RV dealers across the country to get a better sense of sales trends throughout the quarter, channel inventory dynamics, and price trends. Additinoally, we asked a number of...
READ MORE >In our first report in which we introduced the Buyback Outliers List, we argued that those companies with consistent and sizeable buyback programs typically performed better during market downturns even though the relative outperformance of serial stock repurchasers compared to the...
READ MORE >There were signs…. Starting back in early January, FRPT management elected not to include a new slide deck as part of its presentation at the ICR Conference. At the time, management...
READ MORE >If you’re still not convinced that price action determines the narrative around any given stock, consider the following changes in how investors think about TRUP: • Ten weeks ago: Trupanion is a market leader poised to profitably...
READ MORE >“Also of note, the appreciation of Kinsale's stock price over the course of 2024 exceeded that of the S&P 500 Index for the eighth time in the last 9 years since our IPO back in...
READ MORE >You can find it on the WATCH LIST tab on our website or by clicking the link below.
READ MORE >Approximately two years ago, we introduced our first “Five and Dime” List as part of our regularly published “Watch List”. In January 2023, we were just a few months...
READ MORE >As far as our work on TRUP is concerned, we were delighted to turn the page on 2024. If you told us that TRUP would witness a massive deceleration in enrollment growth, persistently high churn, and...
READ MORE >“Analysts tend to be cheer-leaders for corporate re-purchase programs. In my view, these programs only make sense under one condition – the company is buying back shares that are significantly under-valued. Most management teams have demonstrated the total...
READ MORE >“The Aflac Pet Insurance Powered by Trupanion program plans are administered as a voluntary benefit to employees and generally available for selection once per year. Given we first introduced...
READ MORE >“When someone shows you who they are, believe them the first time” - Maya Angelou Imagine a company that SLASHED prices on its core product four times in a period of less...
READ MORE >Well, we can’t help ourselves, we’re going to ask: What about the company’s 3Q24 earnings warranted a 44.0% gain in TRUP shares since the company reported 2Q24 results? Yes, we hear you. You...
READ MORE >“We haven't decided how we'll report that next year as of yet. If it's more helpful to the market, we'll show it that way..” - Bryan Fairbanks, CEO Trex Company, Inc.. 10/24/24. 3Q24...
READ MORE >“Don't shut it off. I'm warning you.” Peter Venkman. Ghostbusters. Reitman, Ivan. Performances by Bill Murray. Columbia-Delphi Pictures. 1984 Our journey in BYON over the past 4-5 years has been for brief periods of time...
READ MORE >“Earthquake insurance is something I'm keen to take a whack at…collect premiums for a gazillion years, and if the big one ever does hit, declare bankruptcy and retire” Caton-Jones,...
READ MORE >The report below outlines feedback from our latest survey of lighting agents across the country.
READ MORE >After listening to TRUP’s management team drone on for 3-4 hours yesterday afternoon, one singular word keeps ringing through our heads: ENTITLEMENT. Not to worry, this note is not about to devolve into...
READ MORE >This is a lengthy follow-up report to our initial note on Freshpet, Inc.
READ MORE >Imagine our horror over the past 2-3 weeks as the market experiences a crash of sorts in response to the Liberation Day tariffs and investors pile into KNSL of all stocks in a “flight to...
READ MORE >We are intrroducing the Toro Company (TTC) as a long idea with a $110 Price Objective. Read on for more....
READ MORE >Over the past few weeks, we surveyed 20 RV dealers across the country to get a better sense of sales trends throughout the quarter, channel inventory dynamics, and price trends. Additinoally, we asked a number of...
READ MORE >LONG
$110
SELL/SHORT
$230
LONG
$70
SELL/SHORT
$4
SELL/SHORT
$45
SHORT
$18
SELL/SHORT
$5
SELL/SHORT
$42
LONG
$75
SELL/SHORT
$50
SELL/SHORT
$50
SHORT
$50
PAIR TRADE
$10
PAIR TRADE
$30
SELL/SHORT
$10
SHORT
$101
SHORT
$15
SHORT
$0
SHORT
$14.00
SHORT
$22
SHORT
$100
