“Baby With The Bathwater” Idea Forum
Given the sharp shift toward macro dynamics, MYST hosted a generalist idea event to identify companies that have been overly penalised amid the recent downturn. All but one of the participants felt the market may hit new lows (S&P 500 ~4,500) as consensus earnings estimates are likely too high. While most of the stocks presented were not far from their 52-week (or much longer) lows, participants highlighted companies with underappreciated earnings resilience (Byrna Technologies, CCC Intelligent Solutions, Six Flags, IMAX, Nvidia) and businesses misperceived as Trump tariff / DOGE losers (Aptiv, KBR, SharkNinja). However, the stock offering the biggest upside (100%+) was Chart Industries (LNG export policy beneficiary with rising recurring revenue / improving leverage profile).
Edition: 210
- 02 May, 2025
Summer of disconnect as energy transition stumbles
Industrials
Renewables are the future but the transition is being fumbled - due to the nature of its products Northcoast sees Generac (TP $292; 20% upside) as having the most near-term opportunity and Chart Industries (TP $209; 20% upside) winning as it benefits from the growth in small-scale LNG projects that are often used for utility load management solutions. Looking over the horizon, Bloom Energy (TP $23; 40% upside) and Capstone Green Energy (TP $7; 160% upside) will find success thanks to their unique power generation solutions.
Edition: 136
- 27 May, 2022
Industrials
US Environmental Protection Agency opens faucet to additional water growth - recent announcements by the EPA gives Alembic increased confidence that the ChartWater business is poised to see significant growth (even before accounting for the recently passed infrastructure bill). GTLS remains an unrecognised player in the water purity market and offers investors a unique opportunity to benefit from what analysts at Alembic see as a decade-plus global investment surge in the water treatment industry.
Edition: 124
- 26 November, 2021