Sterling Infrastructure, Inc. (STRL:Nasdaq) is based in Woodlands, TX. The company was previously known as Sterling Construction and became public in 2001. Originally a bridge construction and highway company, Sterling has transformed itself as a civil construction company via acquisitions into an infrastructure services provider with a focus on providing U.S. customers with environmentally-responsible [...]
Famed investor Michael Burry recently added 7 companies to his hedge fund’s portfolio (Scion Asset Management). He appears to be going all in on discretionary and industrial sectors as we look to a potential economic downturn on the horizon. We’ve already helped investors make sense of whether they should take long positions of their [...]
Welcome to part 4 of our 7-part series analyzing Michael Burry’s latest additions to Scion Asset Management. We’ve already unpacked BKI, COHR, and BABA - three stocks that make up 41% of the portfolio. But today, we’re going to determine whether you should fade or follow Burry’s decision to take a long position in [...]
Michael Burry - founder and manager of Scion Capital - has recently stacked his portfolio with seven new positions in companies he believes are primed to continue growing despite uncertain economic conditions. We’ve already discussed two of his positions - COHR and BKI - but today, we’re taking a look at a 3rd company [...]
Chubb Limited (CB:NYSE) is the global leader, and largest publicly traded provider of property and casualty insurance in the world, as well as provider of reinsurance, health, accident, and life insurance with operations in 54 countries and territories. The company headquarters is based in Zurich, Switzerland and there are 34,000 employees with annual revenues [...]
Famed investor Michael Burry recently unveiled 7 stocks he’s added to the Scion Asset Management portfolio. As all signs point to an economic downturn on the horizon, Burry still believes these stocks have the opportunity for growth. And in this series, we’re going to examine them through the lens of VectorVest to determine if [...]
Recently, Michael Burry - manager of Scion Asset Management - unveiled new stakes in 7 different companies. The famed investor pointed toward a looming economic downturn for the year ahead just a few months ago - and he feels these companies still have the opportunity for growth. Today, we’re taking a look at one [...]
Monday morning’s trading session was not a pleasant one for DexCom (DXCM) or its investors. Shares of the medical device manufacturing company fell 8% by 12PM EST with no signs of slowing down. But what happened to cause this slip? It wasn’t necessarily anything DexCom did or didn’t do. Rather, close competitor Abbott Laboratories [...]
Last week, the stock market had its worst week in 2023 down about 2-3% depending upon the index selected, but Lantheus Holdings, Inc. (Nasdaq:LNTH) stock price jumped 21.3%. That was because its worldwide revenues for the fourth quarter and full year 2022, accelerated 103.1% and 119.9%, respectively, over prior year periods. Although not a [...]
Silvergate (SI) experienced an abysmal day of trading Thursday after announcing on Wednesday that its annual report is going to be delayed further than expected - after already announcing they’ll miss the deadline of March 16. The bank has had as brutal a year as one can imagine, with shares falling an astounding 96% [...]
