Author: David Trainer

The Earnings Recovery an Illusion?

The Earnings Recovery an Illusion?

While analysts hail “the best earnings season in 13 years,” the market has delivered a solidly lackluster response. Over the past month, the S&P 500 is down roughly 1% despite a string of earnings beats. With valuations this stretched, the […]

Long Idea: Knoll, Inc. (KNL)

Long Idea: Knoll, Inc. (KNL)

Knoll Inc. (KNL: $18/share) – Maintaining Long Position – Down 24% vs. S&P +3% Knoll Inc. was selected as a Long Idea on 4/24/17. At the time of the report, the stock received a Very Attractive rating. KNL was downgraded […]

Culp, Inc. (CULP) – Stock Analysis

Culp, Inc. (CULP) – Stock Analysis

Five new stocks make August’s Exec Comp Aligned With ROIC Model Portfolio, available to members as of 8/16/17. Also read: Q2/H1 Hedge Fund Letters – Letters, Conferences, Calls, And More Baupost Letter Points To Concern Over Risk Parity, Systematic Strategies […]

TrueCar Short Thesis

TrueCar Short Thesis

The last time we saw a business model as fundamentally flawed as TrueCar (TRUE: $17/share) was four years ago, when we put Angie’s List (ANGI) in the Danger Zone. In fact, TrueCar today looks very similar to Angie’s List in […]