New Constructs leverages reliable fundamental data, as proven in The Journal of Financial Economics, to provide unconflicted insights into the fundamentals and valuation of private and public businesses. Combining human expertise with cutting-edge machine learning (ML) technologies (featured by Harvard Business School), the firm shines a light in the dark corners (e.g. footnotes) of hundreds of thousands of corporate financial filings to reveal critical details that drive uniquely comprehensive and independent credit and equity investment ratings, valuation models and research tools.
Another Overvalued IPO: Endeavor Group
Saving Investors From Meme Stocks: AMC Entertainment (AMC)
Built to Profit From Long-Term Tailwinds
Saving Investors from Meme Stocks: GameStop (GME)
Compass’ IPO Valuation Is Off the Map
Without differentiated offerings, Compass’ success is largely due to access to large amounts of capital from SoftBank that allows it to burn more cash than its competitors.
The Real Winner of the Fintech Micro-Bubble
Though the financial services industry has experienced significant innovation in recent years, much of that innovation is not as disruptive as start-up firms would have you believe.
Micro-Bubble Loser in the Audio Streaming Market
Can You Make Coin Investing in Coinbase?
We Still Love These 3 Long Ideas After Earnings
Simon Property Group, Inc., Omnicom Group, Inc., and Cracker Barrel Old Country Store, Inc. are this week’s Long Ideas.
Is This Auto Manufacturer Worth the Wait?
Even after its share price soared ~92% over the past six months, General Motors’ stock remains undervalued just as its business enters the next phase of growth.
Regulation Will Evict This Firm’s Micro-Bubble Expectations
A Micro-Bubble Brewing in the Home Goods Market
Micro-Bubbles: Winners & Losers
Featured Stock in January’s Safest Dividend Yields Model Portfolio
Comerica has grown revenue by 2% compounded annually and net operating profit after tax (NOPAT) by 20% compounded annually over the past ten years.
Outperforming Shorts That Could Fall Further
We first put Casper Sleep in the Danger Zone in February 2020 prior to its IPO just a few days later. At the time, we noted the firm’s slowing and profitless revenue growth, weak competitive position, exorbitant expenses, and overvalued stock price.
3 Outperformers With Room to Soar
Sector Ratings for ETFs & Mutual Funds: 1Q21
At the beginning of the first quarter of 2021, only the Consumer Non-cyclicals, Financials, and Basic Materials sectors earn an Attractive-or-better rating.
3 Long Ideas Poised to Outperform
All Cap Analysis: Free Cash Flow Yield Falls in 2020
All Cap Analysis: Only One Sector Has a Rising ROIC in 2020
All Cap Analysis: Net Income Understates Core Earnings in 2020
Within the NC 2000, only the Technology, Consumer Non-cyclicals, and Healthcare sectors saw a rise in Core Earnings since the end of 2019, same for the S&P 500.