January 31, 2022
Inside This Issue
Matthew Drapkin, Northern Right Capital
Matthew Drapkin and Michael Kobrick of Northern Right Capital describe why they keep their field of play relatively narrow, why they have fewer activist positions than they did five years ago, what area they’re finding the most fertile for shorting, and why they see overlooked value in Boyd Gaming, Driven Brands, IAC/InterActiveCorp and Apollo Global.
Mark Millsap, Foundation Resource Management
Foundation Resource Management’s Mark Millsap, Meredith Moll and Zach Riley explain how their strict value discipline has and has not evolved, why they’re not afraid to invest in even highly cyclical companies, why they recently parted ways with a long-time holding, and why they believe the shares of GrafTech, Intel and Glatfelter are mispriced.
Mitchell Scott, Choice Equities Capital Management
Mitchell Scott of Choice Equities Capital describes why he’s focused with individual investments on “winning over the medium term,” the area in which he’s spending more time looking for new ideas, why he thinks he’s been a better buyer than seller, and what he thinks the market is missing in Gypsum Management & Supply, Farmer Brothers and Identiv.
In search of clear-headed thinking in an increasingly muddled macroeconomic environment.
A recommendation to take advantage of a prospective, and long time coming, industry turn.
Apollo Global Management, Boyd Gaming, Driven Brands, Farmer Brothers, Glatfelter, GrafTech, Gypsum Management & Supply, IAC/InterActiveCorp, Identiv, Intel, W.R. Berkley
Other Companies in this Issue:
AES, Agnico Eagle Mines, Azek, Jefferies, Mosaic, News Corp., ON Semiconductor, Sportsman’s Warehouse, ViacomCBS, Vizio