Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<ul><li>We review last week’s biopharma news for meaningful clinical data, regulatory updates, research innovation, and M&amp;A.</li><li>Roche Holding Ltd. (RHHBY) reported initial Phase 1 data for oral GLP-1R agonist CT-996 in obesity patients, showing a 6.1% placebo-adjusted weight loss (p&lt;0.001) at four weeks.</li><li>While the weight loss compares favorably with approved injectables at four weeks (1-3% adjusted), the lack of details in the CT996 data, like baseline body weight, limits any cross-trial comparison. </li></ul>

We review last week’s biopharma news for meaningful clinical data, regulatory updates, research innovation, and M&amp;A.Roche Holding Ltd. (RHHBY) reported initial Phase 1 data for oral GLP-1R agonist CT-996 in obesity patients, showing a 6.1% placebo-adjusted weight loss (p&lt;0.001) at four weeks.While the weight loss compares favorably with approved injectables at four weeks (1-3% adjusted), the lack of details in the CT996 data, like baseline body weight, limits any cross-trial comparison. 

<ul><li>Rotation into smaller-cap and value stocks continues.</li><li>The Water Tower Research Commercial/Contract Index (+1.2%) and Residential Manufacturers &amp; Suppliers Index (+2.4%) benefited, while the Home Goods Retailers Index (-2.1%) was weighed down, in part, by bankruptcy concerns for CONN.</li><li>The Mass Retailers Index (-2.4%) was affected by weakness in growth stocks, giant caps, and technology components of the market. </li></ul>

Rotation into smaller-cap and value stocks continues.The Water Tower Research Commercial/Contract Index (+1.2%) and Residential Manufacturers &amp; Suppliers Index (+2.4%) benefited, while the Home Goods Retailers Index (-2.1%) was weighed down, in part, by bankruptcy concerns for CONN.The Mass Retailers Index (-2.4%) was affected by weakness in growth stocks, giant caps, and technology components of the market. 

Furniture/Furnishings Weekly - Another Good Week for Stocks

Covering the Mexican Economy, Actinver Research

Actinver

Covering the Mexican Economy

Actinver Research

Actinver is a mexican leading financial group, that generates well being for individuals and companies through advisory services that provides investment management to maintain and grow their wealth.

Equity Bottom-Up

Consorcio ARA SAB de CV and its subsidiaries design and construct entry-level and middle-income residential housing developments throughout Mexico.  The Company also operates as a contractor for non-affiliated clients in the construction, promotion, and marketing of commercial and industrial projects.

<ul>
<li>The housing sector in Mexico has solid fundamentals, with attractive growth expectations for listed developers considering their healthy financial position and access to financing sources.</li>
<li>As a result, these companies are poised to capture the increased demand that the housing deficit generates during the coming years.</li>
<li>Since the start of the bankruptcy processes of the three largest housing developers (GEO, HOMEX, and URBI) in 2014, housing production has maintained a downward trend.</li>
</ul>


The housing sector in Mexico has solid fundamentals, with attractive growth expectations for listed developers considering their healthy financial position and access to financing sources.
As a result, these companies are poised to capture the increased demand that the housing deficit generates during the coming years.
Since the start of the bankruptcy processes of the three largest housing developers (GEO, HOMEX, and URBI) in 2014, housing production has maintained a downward trend.


Actinver Research - Housing Sector : Building a More Profitable Future (Sector Update)

External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Boise Cascade Company manufactures and markets wood products. The Company offers lumber, plywood, engineered wood, and particleboard, as well as adhesive sealants, concrete, fasteners, flashing, vents, framing accessories, gypsum, insulating, locks, and roofing products.

<ul><li>Boise has transformed under new management since spinning off from OfficeMax in 2013</li><li>Strategic acquisitions and investments have shifted focus towards higher-margin products</li><li>Repurposing lumber/plywood capacity for engineered products and closer integration between segments have positioned Boise for strong cash flow returns</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Boise has transformed under new management since spinning off from OfficeMax in 2013Strategic acquisitions and investments have shifted focus towards higher-margin productsRepurposing lumber/plywood capacity for engineered products and closer integration between segments have positioned Boise for strong cash flow returnsThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Boise Cascade Co (BCC) - Monday, Apr 22, 2024

Centrus Energy Corp. is a global energy company that supplies low enriched uranium ("LEU") for commercial nuclear power plants. The Company, through its subsidiary, operates a uranium enrichment facility in Kentucky, United States.

<ul><li>Short Centrus and long Silex Systems and Cameco to hedge against commodity price and uranium enrichment hype risk</li><li>Centrus underperforming and expected to trade lower due to potential ban on Russian imports</li><li>Long positions in Cameco and Silex Systems could offset risks and benefit from increased demand for Western enrichers</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Short Centrus and long Silex Systems and Cameco to hedge against commodity price and uranium enrichment hype riskCentrus underperforming and expected to trade lower due to potential ban on Russian importsLong positions in Cameco and Silex Systems could offset risks and benefit from increased demand for Western enrichersThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Centrus Energy Corp (LEU) - Monday, Apr 22, 2024

North America
Insights on North America

Biopharma Week in Review - Jul 22, 2024

Roche Holding Ltd. (RHHBY) reported initial Phase 1 data for oral GLP-1R agonist CT-996 in obesity patients, showing a 6.1% placebo-adjusted weight...

Water Tower Research

Furniture/Furnishings Weekly - Another Good Week for Stocks

The Mass Retailers Index (-2.4%) was affected by weakness in growth stocks, giant caps, and technology components of the market.

Water Tower Research

Actinver Research - Housing Sector : Building a More Profitable Future (Sector Update)

The housing sector in Mexico has solid fundamentals, with attractive growth expectations for listed developers considering their healthy financial...

Actinver

Boise Cascade Co (BCC) - Monday, Apr 22, 2024

Boise has transformed under new management since spinning off from OfficeMax in 2013. Strategic acquisitions and investments have shifted focus...

Value Investors Club

Centrus Energy Corp (LEU) - Monday, Apr 22, 2024

Centrus underperforming and expected to trade lower due to potential ban on Russian imports. Long positions in Cameco and Silex Systems could...

Value Investors Club