investment
Here’s the text of the most-recent letter I sent to our Portfolio Management clients in March:
“Guesswork plays a role in a lot of human decision-making, including decisions on investments.
For a while after the October 7 Hamas attack on Israel last year, the stock market reaction didn’t seem to make sense....
“Guesswork plays a role in a lot of human decision-making, including decisions on investments.
For a while after the October 7 Hamas attack on Israel last year, the stock market reaction didn’t seem to make sense....
Twilio’s consistent earnings track record and current low price combines well with shareholder activism to promote significant positive changes at the firm.
AXON ENTERPRISE INC., $288.79, symbol AXON on Nasdaq, is best known for its Taser line of non-lethal weapons for law enforcement and consumers. The law enforcement technology company also sells body cameras, in-car cameras, software and drones.
The company has two operating segments: Taser (39% of revenue) and Software & Sensors (61%).
The software unit includes a cloud-based digital evidence management platform—for assets including video from Axon body cameras.
Axon’s customers include first responders at the international, federal, state and local law enforcement level, fire departments, correctional facilities and the justice sector, in addition to commercial clients.
On May 6, 2024, Axon announced that it would acquire Dedrone, a provider of airspace security technology....
The company has two operating segments: Taser (39% of revenue) and Software & Sensors (61%).
The software unit includes a cloud-based digital evidence management platform—for assets including video from Axon body cameras.
Axon’s customers include first responders at the international, federal, state and local law enforcement level, fire departments, correctional facilities and the justice sector, in addition to commercial clients.
On May 6, 2024, Axon announced that it would acquire Dedrone, a provider of airspace security technology....
ATS CORP., $47.51, is still a buy. The company (symbol ATS on Toronto) provides some of the world’s top manufacturers with factory automation solutions. Founded in 1978, it has over 65 of its own manufacturing facilities and 85 offices in North America, Europe, and Asia.
On May 15, 2024, ATS announced the acquisition of Paxiom Group, a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries....
On May 15, 2024, ATS announced the acquisition of Paxiom Group, a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries....
3M COMPANY, $105.26, New York symbol MMM, is still a buy for long-term gains.
The company makes over 55,000 consumer and industrial goods. Its main brands include Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.
On April 1, 2024, 3M completed its plan to spin off its Health Care division as an independent firm called SOLVENTUM CORP., $62.38, New York symbol SOLV, which is a hold. That business makes products to treat and prevent infection in wounds, dental filling materials, and filtration and purification products.
Shareholders received one share of Solventum for every four shares they held....
The company makes over 55,000 consumer and industrial goods. Its main brands include Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.
On April 1, 2024, 3M completed its plan to spin off its Health Care division as an independent firm called SOLVENTUM CORP., $62.38, New York symbol SOLV, which is a hold. That business makes products to treat and prevent infection in wounds, dental filling materials, and filtration and purification products.
Shareholders received one share of Solventum for every four shares they held....
Navigating conflicts of interest when you hire a Financial Advisor and the importance of client-centric investment strategies
You Can See Our Current Power Recommendations For June 2024 Here.
Understanding our recommendations: Power Buy—These stocks are our top choices for new buying now....
Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns—or more likely end up of costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain all the more by applying AI to their operations.
Here are two companies that are already profitably taking advantage of AI, and they will be among the leaders in the push to extend AI’s use:
TWILIO INC., $61.44, is a buy. The company (Nasdaq symbol TWLO; TSINetwork Rating: Extra Risk) (www.twilio.com; Shares outstanding: 171.2 million; Market cap: $10.5 billion; No dividends paid.) spends a high 30% of sales on R&D—that includes spending to expand its Twilio CustomerAI technology.
The hi-tech offering combines AI with real-time customer data flowing through Twilio’s Customer Engagement Platform....
REGENERON PHARMACEUTICALS, $978.21, is a buy. The company (Nasdaq symbol REGN; TSINetwork Rating: Average) (www.regeneron.com; Shares outstanding: 108.4 million; Market cap: $107.8 billion; No dividends paid) recently launched Regeneron Ventures, a health care venture capital fund....
These two pet-related firms recently settled with activist investors, which should help push up their stock prices. However, we see only one as a buy right now.
FRESHPET INC. $129 is a hold. The company (Nasdaq symbol FRPT; Consumer sector; Shares outstanding: 48.4 million; Market cap: $6.2 billion; No dividend paid; Takeover Target Rating: Medium; www.freshpet.com) makes fresh, natural food for dogs and cats.
In August 2023, Freshpet and activist investor Jana Partners announced a cooperation agreement....