Clarivate: Downgrade To Hold As The Recovery Momentum Is Not Showing Up

Core Viewpoint - The analyst previously held a buy rating for Clarivate (CLVT), believing the business was on a positive trajectory, especially with the stock trading at approximately 6x forward PE [1] Group 1: Investment Philosophy - The investment approach is fundamentally driven, focusing on identifying businesses with potential for long-term scaling and significant terminal value [1] - Key factors considered include competitive moat, unit economics, reinvestment opportunities, and management quality, which are essential for long-term free cash flow generation and shareholder value creation [1] - The analyst emphasizes the importance of fundamental research and targets sectors with strong secular tailwinds [1] Group 2: Professional Background - The analyst has 10 years of experience in investment banking and is currently managing personal funds sourced from friends and family [1] - The motivation for writing on Seeking Alpha is to share investment insights and receive feedback from other investors [1] - The aim is to help readers focus on the drivers of long-term equity value, advocating for analysis that is both analytical and accessible [1]