We came across a bullish thesis on QXO, Inc. on Kairos Research’s Substack. In this article, we will summarize the bulls’ thesis on QXO. QXO, Inc.'s share was trading at $23.24 as of January 28th. QXO’s trailing and forward P/E were 2.11 and 66.67 respectively according to Yahoo Finance. QXO, Inc. distributes roofing, waterproofing, and other building products in the United States. Brad Jacobs, a serial industrial entrepreneur with a 40-year track record of creating value through roll-ups, is now focused ...

Core Insights - PMGC Holdings Inc. has announced the acquisition of Indarg Engineering, a precision CNC machining company, to enhance its manufacturing capabilities in the aerospace and defense sectors [1][6][11] Company Overview - PMGC Holdings Inc. is a diversified holding company focused on strategic acquisitions and investments across various industries to maximize growth and value [9] - AGA Precision Systems LLC, a subsidiary of PMGC, specializes in high-tolerance CNC machining and serves customers in aerospace, defense, and industrial sectors [7][8] Acquisition Details - Indarg Engineering, founded in 1985, has a strong track record in delivering high-tolerance components and rapid prototyping for aerospace, defense, medical, and automotive sectors [2] - The acquisition will rebrand Indarg's Hawthorne operation under AGA Precision Systems, expanding AGA's manufacturing footprint and capabilities [3][6] - Joel Alvarez, the former Owner and President of Indarg, will continue as General Manager, bringing extensive experience in advanced manufacturing and operational leadership [4][5] Strategic Implications - This acquisition aligns with PMGC's strategy to consolidate specialized manufacturers in the U.S. aerospace and defense sectors, aiming to drive earnings scalability and operational synergies [6][11]