Industrials Idea Forum
Despite the uncertain economic backdrop, presenters at MYST's latest buy-side event, once again offered only long ideas. It was also unusual that >50% of the stocks pitched at a generalist industrials event were Transports / Energy-related names. Perhaps this speaks to the recent rotation into early cyclicals. Some of the most compelling ideas include:
Barnes (B) - Aerospace transition story with activist involvement + M&A optionality. TP $60 (60% upside).
Lineage (LINE) - “High tech” cold storage REIT with superior growth / margin profile vs. peers. TP $115 (30% upside).
Proficient Auto Logistics (PAL) - Auto transport rollup poised for strong EPS growth under former Saia “Rockstar” CEO. TP $40 (100%+ upside).
Edition: 192
- 09 August, 2024