Underinvestment in American infrastructure is a well-known story. The area that has suffered the most under-investment is water infrastructure, as most of it is hidden away from us–we don’t even think about it when we flush our toilets. But, chronic underinvestment has its price. According to the U.S. Environmental Protection Agency (EPA), 40% of U.S. waterbodies … Continue reading
Red Hat keeps hitting its all-time highs day after day, and no one on the street seems to be betting against this $8B giant that got to this place by selling subscription to free software. I think that the company is great, has compelling products and overall solid value proposition, but threats to its model … Continue reading
On 13th January 2010, I create a stock pitch for PALM recommending a Sell with a target price of $6.50. Please find the 3-page DCF-based pitch here- A Sell pitch for PALM. Of course, Palm Inc has since been acquired by HP, at an effective stock price of $5.70. I did not consider the potential … Continue reading
