The Latest from FA Alpha Daily

• Thu

  Uniform Accounting Analysis

  July 21, 2022

  Solid supply chains are a must, and Emerson Electric can be the solution

  Thu

  If the past two years have taught companies anything, it is the importance of a watertight supply chain. The COVID-19 pandemic showed that no one is immune to supply chain deficiencies.

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• Wed

  Credit Outlook

  July 20, 2022

  While Nikola Tesla may have gone bankrupt, there is little chance his namesake will

  Wed

  Elon Musk has been unable to avoid the headlines for the last few years. Thanks to his online presence and willingness to express his opinion on pop culture, cryptocurrencies, and policy, he has been a magnet for news.

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• Tue

  Company Specific

  July 19, 2022

  The market rush away from the home has left behind a few gems

  Tue

  The “At-Home Revolution” (AHR) has quickly turned into the “Revenge Vacation Rebellion” in the last 12 months, with 71% of Americans intending to travel in 2021. Pretty much companies that benefitted from the At-Home Revolution have now been left in the dust as folks look to spend time out of the home.

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• Mon

  Monday Macro

  July 18, 2022

  We are looking to post-war America to understand inflation in 2022

  Mon

  Last week, we talked about the 1945 recession and its similarities to today's economy. Back then, the U.S. navigated a recession without skipping a beat. This was thanks to strong employment demand and underlying nominal gross domestic product ("GDP") growth as we emerged from the war.

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• Fri

  Portfolio Analysis

  July 15, 2022

  With the general slowdown for growth funds, let’s check in on one of the best

  Fri

  Richard Driehaus was named on Barron's "All-Century" team of 25 individuals who have been among the most influential people within the investment industry over the past 100 years.

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• Thu

  Uniform Accounting Analysis

  July 14, 2022

  Coal is back, and Alliance Resource Partners is ready to supply it

  Thu

  Due to the Russian invasion of Ukraine, the world has seen the prices of food, energy, and rare metals rise due to supply chain issues caused by the war.

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• Wed

  Credit Outlook

  July 13, 2022

  Even after the world’s recovery, credit rating agencies are still behind the ball for Live Nation

  Wed

  Back in February 2021, we were still in the depths of the pandemic lockdowns. Hotels sat empty, and flights were running with only a few seats filled. Thanks to government-enforced lockdowns

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• Tue

  Company Specific

  July 12, 2022

  Builders FirstSource is Protected Under the Roof of Its Massive Profitability

  Tue

  As the Fed increases interest rates to control rising inflation, mortgage rates increase consequently. This has a negative knock-on impact on Builders FirstSource (BLDR), one of the bigger players in the housing-adjacent market. While the company’s as-reported metrics may make investors skeptical of its ability to take on macroeconomic headwinds, today’s FA Alpha Daily will examine the company’s actual performance.

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• MondayMacroJul 11, 2022

  Monday Macro

  July 11, 2022

  To understand today’s market climate, we have to look back to 1945

  MondayMacroJul 11, 2022

  According to the National Bureau of Economic Research, a recession is a "significant decline in economic activity spread across the economy for more than a few months." That's a pretty loose definition

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• Fri

  Portfolio Analysis

  July 8, 2022

  Does Ray Dalio still have what it takes to keep Bridgewater in the #1 spot?

  Fri

  Having been active in the global markets for almost half a century, investment legend Ray Dalio has managed to grow Bridgewater into the world’s largest fund by assets under management. Today’s FA Alpha Daily will investigate if the fund is positioned smartly in the current market environment under the lens of Uniform Accounting.

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• Thu

  Uniform Accounting Analysis

  July 7, 2022

  Penske is losing its car dealership battle

  Thu

  Automotive manufacturers adopting direct-to-customer channels threaten independent car dealers such as Penske Automotive Group (PAG), the second-biggest car dealer in the U.S. Today’s FA Alpha Daily will inspect what investors can expect with Penske’s current valuations.

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• Wed

  Credit Outlook

  July 6, 2022

  Ratings agencies continue to miss the power of the energy industry

  Wed

  Even though Ranger Oil Corporation (ROCC), a company that engages in the exploration and production of oil and gas, is poised to benefit from the current crude oil prices, credit rating agencies gave it a B rating. Today’s FA Alpha Daily will dig into the company’s real creditworthiness.

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• Tue

  Company Specific

  July 5, 2022

  With Immense Market Dominance, GoDaddy Enjoys Undiscovered High Profitability

  Tue

  Since the dot-com bubble, the internet has been a big part of our lives. One would expect GoDaddy (GDDY), a market leader in virtual private server hosting, to have immense profitability. While as-reported metrics make it seem like GoDaddy isn't making any money at all, today’s FA Alpha Daily will examine the company's actual performance.

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• Fri

  Portfolio Analysis

  July 1, 2022

  This rising alternative to traditional sports is finally drawing investors’ attention

  Fri

  With a history of 50 years, Esports has been evolving alongside the countless developments in computers and the internet. The earliest known competition took place at Stanford University in 1972 with a grand prize of the year’s subscription to Rolling Stones magazine.

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• Thu

  Uniform Accounting Analysis

  June 30, 2022

  This darling of the audiophile world unfortunately soured for investors

  Thu

  Throughout the pandemic, the world moved away from big cities, started working from home, invested at home, and communicated with each other via online tools available. Most of these changes can be explained by the At-Home Revolution, which also changed the way businesses work dramatically.

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• Wed

  Credit Outlook

  June 29, 2022

  Credit rating agencies don’t have the right data about Equifax

  Wed

  Rising oil prices have received much attention in recent months, for good cause, as oil is essential in making the global economy run. As oil has been making its round in recent months in the media, more data has come out about the true extent of supply constraints we are facing right now.

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• Tue

  Company Specific

  June 28, 2022

  Owners are tired of cleaning their pools while investors love it

  Tue

  My father's last 3 homes all had pools. Every time he moved, he swore he'd never buy another house with a pool. They don't get used often enough, they're a hassle to keep clean, and they're just not worth it. And yet, once he’s in the market, he always ends up with another pool.

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• Mon

  Monday Macro

  June 27, 2022

  Jamie Dimon’s Weather Forecast Just Changed

  Mon

  Back in April, the JPMorgan Chase (JPM) CEO gave Wall Street a warning. On the bank's first-quarter earnings call, he signaled that there could be a recession.

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• Fri

  Portfolio Analysis

  June 24, 2022

  After a losing a third of its total gains through May, let’s see if this tech fund can recover

  Fri

  When you have conviction, the best way to win big is to bet big. That’s exactly what they taught at Tiger Management.

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• Thu

  Uniform Accounting Analysis

  June 23, 2022

  With used cars still at an all-time high demand, Copart is thriving

  Thu

  Throughout the pandemic, people moved to the suburbs where the cost of living is lower without a need to be next to a job.

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