- Thesis: Innovation in large molecule biologic drugs has been and will continue to be a major global growth story. Small and large biopharma companies are
- Thesis: Danaher is a premier company and 2020 has been a moment to shine due to its numerous positive impacts to combating the COVID-19 pandemic. A series of
11.10.20 – Gartner - Review of Employee metrics
As a review of Gartner following the third quarter earnings call, we have updated our analysis related
Teleflex announced the acquisition of Z-Medica for $500 million on 10/28/20. Z-Medica has hemostatic technologies for hemorrhagic control, and their
11.2.20 – Mohawk - $110 – Beaten down global housing products company; CEO owns 14%; recent earnings encouraging; class action lawsuit has limited merit
Paying fees for professional investment management is something we’d all like to avoid. Why pay for some guy in a suit to manage your investments when you can
Thinking about where to invest your money can be overwhelming and confusing, especially for those who are unfamiliar with all options for investing. If you’d
10.30.20 - Roper Technologies, $370 – Reasonably valued for long-term transformation to software; stock down 18% from August high, and 15% in the last two weeks
10.22.20 – IHS Markit - $81 – Stable growth; fairly valued on NPV/DCF; reasonable value relative to comps.
- Thesis: Information and the insights from it
9.25.20 – International Flavors and Fragrances (IFF) - $115 – Update on Dupont Nutrition & Biosciences merger
• Thesis: IFF is consolidating the flavors and
9.24.20 – PTC (PTC) $80 – Reason: IPO of competitor Bentley ($700M rev., 4,000 employ.) on 9/23/20
• Thesis: PTC provides software for enhancing design
Recurring Revenue Models and Predictable Growth
Equity investors prize companies with sustainable growth and predictability. These companies tend to be awarded
