Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Equity Bottom-Up

Industria De Diseno Textil SA / Equity Bottom-Up

<ul>
<li>Bangladesh's garment industry grapples with a 14% export dip, prompting worker unrest over wage discrepancies.</li>
<li>Efforts by a wage board fall short as workers advocate for a Tk25,000 minimum, seeking fair compensation.</li>
<li>Economic turbulence looms as 3,500 factories, constituting 85% of exports, confront closure amid widespread unrest.</li>
</ul>


Bangladesh's garment industry grapples with a 14% export dip, prompting worker unrest over wage discrepancies.
Efforts by a wage board fall short as workers advocate for a Tk25,000 minimum, seeking fair compensation.
Economic turbulence looms as 3,500 factories, constituting 85% of exports, confront closure amid widespread unrest.


Beyond Fashion: Unraveling Bangladesh's Garment Industry Challenges

US-EU Index Rebalances / Quantitative Researcher, Ortex

Dimitris Ioannidis

US-EU Index Rebalances / Quantitative Researcher

Global Financial Data and Analytics Platform

Ortex

ORTEX is a global financial data and analytics platform providing real-time securities lending and short interest data, index rebalance data, holdings and insider transactions, trading signals, corporate actions and news,  stock machine learning and factor scores and other analytics. The majority of the data are downloadable and accessible through APIs.

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/deutsche-post-ag" target="_blank" data-smartkarma-citation="entities:21608:1" rel="noopener">Deutsche Post (DHL GR)</a> and <a href="https://www.smartkarma.com/entities/reckitt-benckiser-group-plc" target="_blank" data-smartkarma-citation="entities:22105:1" rel="noopener">Reckitt Benckiser (RKT LN)</a> are the top two candidates for deletion with 7-9% below the exit threshold. Forecasted supply is $200m and 2 ADV.</li>
<li>
<a href="https://www.smartkarma.com/entities/intesa-sanpaolo-spa" target="_blank" data-smartkarma-citation="entities:21200:1" rel="noopener">Intesa Sanpaolo (ISP IM)</a> and <a href="https://www.smartkarma.com/entities/london-stock-exchange-group" target="_blank" data-smartkarma-citation="entities:22034:1" rel="noopener">London Stock Exchange (LSEG LN)</a> are the top two candidates for addition by replacement. Forecasted demand is $330m and 1-2 ADV.</li>
<li>
<a href="https://www.smartkarma.com/entities/banco-bilbao-vizcaya-argentari" target="_blank" data-smartkarma-citation="entities:21251:1" rel="noopener"></a>The highest ranked between <a href="https://www.smartkarma.com/entities/banco-bilbao-vizcaya-argentari" target="_blank" data-smartkarma-citation="entities:21251:1" rel="noopener">Banco Bilbao Vizcaya Argentaria (BBVA SM)</a> and <a href="https://www.smartkarma.com/entities/industria-de-diseno-textil-sa" target="_blank" data-smartkarma-citation="entities:21278:1" rel="noopener">Industria De Diseno Textil (ITX SM)</a> could become the third addition, conditional on the deletion of <a href="https://www.smartkarma.com/entities/basf-se" target="_blank" data-smartkarma-citation="entities:21585:1" rel="noopener">BASF (BAS GR)</a>.</li>
</ul>



Deutsche Post (DHL GR) and Reckitt Benckiser (RKT LN) are the top two candidates for deletion with 7-9% below the exit threshold. Forecasted supply is $200m and 2 ADV.

Intesa Sanpaolo (ISP IM) and London Stock Exchange (LSEG LN) are the top two candidates for addition by replacement. Forecasted demand is $330m and 1-2 ADV.

The highest ranked between Banco Bilbao Vizcaya Argentaria (BBVA SM) and Industria De Diseno Textil (ITX SM) could become the third addition, conditional on the deletion of BASF (BAS GR).


STOXX Europe 50: DHL's $200M Departure, ISP and LSEG Deliver Instead

Equity Research Focusing on the Consumer Sector, Small Cap Consumer Research

Small Cap Consumer Research

Equity Research Focusing on the Consumer Sector

Small Cap Consumer Research, LLC is a leading company-sponsored equity research provider focusing on the consumer sector (apparel, brand licensing and specialty retailing segments).

Abercrombie & Fitch Co Cl A / Equity Bottom-Up

<ul><li>We are reiterating our Buy rating, $30 price target and raising our projections after a.k.a. Brands reported solid 3Q24 (September) top and EBITDA upside, as domestic operations continue to register strong, double-digit top line growth and operating results, driven by new store openings at Princess Polly, further online marketplace expansion and strong dress trends at Petal & Pup and continued exclusive offerings at Culture Kings, were only partially offset by weakness in the Australia/New Zealand market.</li><li>With 4Q on track for six Princess Polly stores operating (versus one last year), wholesale expansion at Nordstrom for both Princess Polly and Petal & Pup, and the beginning of the launch of "test and repeat" at Culture Kings, we view the company as primed to be a key Holiday winner and, with more stores (including NYC in 1H25) on track to drive further momentum into 2025 and beyond.</li><li>As such, we remain upbeat on further upside and reiterate our Buy rating and $30 price target for AKA.</li></ul>

We are reiterating our Buy rating, $30 price target and raising our projections after a.k.a. Brands reported solid 3Q24 (September) top and EBITDA upside, as domestic operations continue to register strong, double-digit top line growth and operating results, driven by new store openings at Princess Polly, further online marketplace expansion and strong dress trends at Petal & Pup and continued exclusive offerings at Culture Kings, were only partially offset by weakness in the Australia/New Zealand market.With 4Q on track for six Princess Polly stores operating (versus one last year), wholesale expansion at Nordstrom for both Princess Polly and Petal & Pup, and the beginning of the launch of "test and repeat" at Culture Kings, we view the company as primed to be a key Holiday winner and, with more stores (including NYC in 1H25) on track to drive further momentum into 2025 and beyond.As such, we remain upbeat on further upside and reiterate our Buy rating and $30 price target for AKA.

ANF US - AKA: 3Q Upside Solid, with More Likely On the Way; Reiterate Buy, $30 PT

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

<ul>
<li>Our outlook remains bullish on global equities (MSCI ACWI) with ACWI-US and the S&amp;P 500 holding above their respective bases at $117 and 5650-5670.</li>
<li>As long as these base supports hold, we would use any election-related pullback as an opportunity to add exposure.</li>
<li>Following the election, we see a high probability of significant upside going into year-end.</li>
</ul>


Our outlook remains bullish on global equities (MSCI ACWI) with ACWI-US and the S&amp;P 500 holding above their respective bases at $117 and 5650-5670.
As long as these base supports hold, we would use any election-related pullback as an opportunity to add exposure.
Following the election, we see a high probability of significant upside going into year-end.


Bullish Outlook Intact on MSCI ACWI & SPX; Buys in Services, Technology, Discretionary, Gold Miners

<ul><li>We are reiterating our Buy rating and projections, but raising our price target for AKA to $30 (from $25) with the company announcing 3Q24 (September) results after the close on Thursday.</li><li>We believe, with at least six Princess Polly stores opened for the Holidays (and more on the way) a.k.a. Brands is well on their way to creating a true omnichannel brand with highly appealing returns and a path to driving overall profitability for the company.</li><li>Further, we believe Culture Kings, with the shift to the company's "test and repeat" inventory model, is setting up to return to profitable growth.</li></ul>

We are reiterating our Buy rating and projections, but raising our price target for AKA to $30 (from $25) with the company announcing 3Q24 (September) results after the close on Thursday.We believe, with at least six Princess Polly stores opened for the Holidays (and more on the way) a.k.a. Brands is well on their way to creating a true omnichannel brand with highly appealing returns and a path to driving overall profitability for the company.Further, we believe Culture Kings, with the shift to the company's "test and repeat" inventory model, is setting up to return to profitable growth.

AKA: 3Q Preview: Becoming an Omnichannel Leader; Reiterate Buy, Raising PT to $30

Spain

Industria de Diseno Textil, S.A. designs, manufactures, and distributes apparel.  The Company operates retail chains in Europe, the Americas, Asia, and Africa.

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Industria De Diseno Textil SA (ITX SM)

Beyond Fashion: Unraveling Bangladesh's Garment Industry Challenges

Sheikh Hasina Resignation, Army chief Waker-Uz-Zaman's new interim government formation -After a meeting of senior military and political leaders...

Nimish Maheshwari

STOXX Europe 50: DHL's $200M Departure, ISP and LSEG Deliver Instead

SX5P September 2024 Announcement: LSEG and ISP were the announced additions. DHL and RKT were the announced deletions. SX5E September 2024...

Dimitris Ioannidis

ANF US - AKA: 3Q Upside Solid, with More Likely On the Way; Reiterate Buy, $30 PT

We are reiterating our Buy rating, $30 price target and raising our projections after a.k.a. Brands reported solid 3Q24 (September) top and EBITDA...

Small Cap Consumer Research

Bullish Outlook Intact on MSCI ACWI & SPX; Buys in Services, Technology, Discretionary, Gold Miners

Bullish Outlook Intact on MSCI $ACWI and $SPX as they hold above their respective bases at $117 and 5650-5670; Buys in Services, Technology,...

Vermilion Research

AKA: 3Q Preview: Becoming an Omnichannel Leader; Reiterate Buy, Raising PT to $30

We are reiterating our Buy rating and projections, but raising our price target for AKA to $30 (from $25) with the company announcing 3Q24...

Small Cap Consumer Research

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