Many investors have followed on the Warner Bros. Discovery, Inc. ( WBD ) bidding war , and since my last analysis on the company , it has appreciated by nearly 140%. So now theAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anything that has been unloved for unjus ...

Core Insights - The article discusses the author's previous positive rating on Alphabet (GOOG/GOOGL) and highlights a focus on undervalued companies with strong fundamentals and cash flows [1] Group 1: Investment Focus - The company emphasizes a long-term value investing approach, particularly in sectors like Oil & Gas and consumer goods, which are often overlooked [1] - Energy Transfer is identified as a company that has been undervalued and is now considered a strong investment opportunity [1] Group 2: Investment Strategy - The author expresses a preference for understanding traditional businesses over high-tech or certain consumer goods, indicating a selective investment strategy [1] - There is a mention of interest in deal arbitrage opportunities, citing examples like Microsoft/Activision Blizzard and Spirit Airlines/Jetblue [1]

New capacity is coming online in the domestic steel market.Nucor (NUE 0.88%) stock has recently surged, helping shares of North America's largest steelmaker far outpace the S&P 500's (^GSPC 1.07%) return thus far in 2025. Nucor stock has jumped 15% since it reported strong third-quarter results, bringing its year-to-date return to 42.8% (versus the S&P 500's 17% gain).Steel is a cyclical sector, and several catalysts could propel Nucor stock even higher through the cycle. However, there are also factors tha ...

lululemon athletica inc. ( LULU ) has been on the minds of many value investors as a potential turnaround play. With the company having just released its quarterly earnings , I believe that this is truly underway, andAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, ...

FactSet Research Systems Inc. (NYSE: FDS ) has been one of the biggest losers in 2025, dropping around 39% YTD, while it was initially one of the best compounders on the market. As a previous user of FactSetAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anything ...

Group 1 - CoreWeave, Inc. (NASDAQ: CRWV) is closely associated with the current AI boom and cloud computing emphasis [1] - The company has experienced significant fluctuations in stock performance and high valuation concerns [1] - The focus is on analyzing undervalued companies with strong fundamentals and cash flows, particularly in sectors like Oil & Gas and consumer goods [1] Group 2 - Energy Transfer is highlighted as a company that was previously overlooked but now shows potential for substantial returns [1] - The investment strategy emphasizes long-term value investing while also considering deal arbitrage opportunities [1] - There is a noted aversion to investing in high-tech businesses and cryptocurrencies due to a lack of understanding [1]

Group 1 - FMC has been identified as a significant underperformer in the investment portfolio, with rapid declines noted [1] - The focus is on long-term value investing, particularly in undervalued sectors like Oil & Gas and consumer goods, which have strong fundamentals and cash flows [1] - The company has a particular interest in companies that are currently unpopular but have the potential for substantial returns, such as Energy Transfer [1] Group 2 - The analyst expresses a preference for investments that are understandable, avoiding high-tech and certain consumer goods sectors like fashion [1] - There is skepticism towards cryptocurrencies as a viable investment option [1] - The aim is to connect with like-minded investors through platforms like Seeking Alpha to share insights and foster a collaborative investment community [1]

A lot has happened for Enterprise Products Partners (NYSE: EPD ) since my last analysis on the company and I was actually surprised that I did not review my thesis earlier. Since my last analysis, the companyAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anything ...

Core Viewpoint - The U.S. government, under President Donald Trump, has established a golden share agreement with Japan's Nippon Steel Corporation, allowing oversight and veto powers over U.S. Steel's operations to ensure the company's continued U.S.-based production [2][4]. Group 1: Golden Share Agreement - The golden share agreement grants President Trump veto rights over significant business decisions at U.S. Steel, including changes to the company's name, relocation of its headquarters, and closure of production facilities [5]. - Trump appointed two Department of Commerce officials to oversee U.S. Steel under this agreement, including William Kimmitt as his designee and David Shapiro as a director on U.S. Steel's board [3][5]. Group 2: Acquisition and Trading Status - The controversial acquisition of U.S. Steel by Nippon was approved by Trump in June 2025, after which U.S. Steel ceased trading on the New York Stock Exchange [2]. - The golden share will be passed on to future U.S. presidents or their designees after Trump's term ends, ensuring ongoing government oversight of U.S. Steel [5].

Financial Data and Key Metrics Changes - SunCoke Energy reported consolidated adjusted EBITDA of $59.1 million for Q3 2025, a decrease from $75.3 million in the prior year period [8][9] - Net income attributable to SunCoke was $0.26 per share, down $0.10 compared to the prior year, primarily due to a mix of contract and spot Coke sales and lower economics from the Granite City contract extension [7][8] - The company revised its consolidated adjusted EBITDA guidance for 2025 to a range of $220 million to $225 million, reflecting the addition of five months of Phoenix results and the impact of a deferral of approximately 200,000 coke tons [5][15] Business Line Data and Key Metrics Changes - Domestic Coke adjusted EBITDA for Q3 2025 was $44 million, down from $58.1 million in the prior year, with Coke sales volumes at 951,000 tons compared to 1,027,000 tons previously [9][10] - The new industrial services segment, which includes Phoenix Global, generated $18.2 million of adjusted EBITDA in Q3 2025, up from $13.7 million in the prior year [11][12] Market Data and Key Metrics Changes - The logistics business experienced lower volumes due to unfavorable market conditions, impacting the overall performance of the industrial services segment [12] - Total logistics handling volumes were 5.2 million tons, with Phoenix customer volume serviced at 3.8 million tons for the two months included in Q3 results [12] Company Strategy and Development Direction - The company is optimistic about 2026, expecting a full year of Phoenix Global adjusted EBITDA contribution and a modest recovery in the logistics business [18][35] - Active discussions are ongoing with U.S. Steel regarding the Granite City contract extension and with Cleveland-Cliffs for the Haverhill contract [34][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the enforceability of contracts and is pursuing legal remedies for the breach of contract by Algoma, which has impacted production and sales [24][25] - The company anticipates that 2026 results will improve over 2025, driven by strong fundamentals in its Coke business and the integration of Phoenix Global [19][35] Other Important Information - SunCoke ended Q3 2025 with a cash balance of $80.4 million and revolver availability of $126 million, indicating ample liquidity [13] - The company announced a quarterly dividend of $0.12 per share, marking the 25th consecutive quarter of dividend announcements [5][6] Q&A Session Summary Question: What is your level of confidence that incremental deferrals won't occur? - Management indicated that the 200,000 tons are anticipated to be produced and stored for 2025, and they believe they have an enforceable contract with Algoma [22][23] Question: What do the remedies for the breach of contract currently look like? - Management stated they are working with counsel and pursuing all legal remedies to recover financial losses from the breach [24] Question: How confident are you in retaining the dividend and liquidity going forward? - Management clarified that the 200,000 tons is the total exposure for this year, not an annual basis, and expressed confidence in maintaining liquidity [26][27] Question: Can you discuss your strategy for 2026 if unable to renew Granite City and Haverhill production under a long-term contract? - Management remains optimistic for 2026, citing strong contracts at Middletown and Indiana Harbor, and ongoing discussions for Haverhill and Granite City [32][34]