How does this transaction relate to remaining capacity and recent trading patterns? Cunningham owns fewer shares than he did a year ago, so each sale now counts for more. That means the size of this latest sale likely reflects the smaller size of his remaining stake rather than a meaningful shift in his selling behavior.Does the transaction involve any derivative instruments or indirect entities? No; all shares were sold from direct holdings, with no participation from trusts, LLCs, or option-related activi ...

Dallas, Texas--(Newsfile Corp. - January 6, 2026) - Viemed Healthcare, Inc. (NASDAQ: VMD). Stonegate Capital Partners initiates their coverage on Viemed Healthcare, Inc. (NASDAQ: VMD). Viemed Healthcare is the leading U.S. provider of in-home post-acute respiratory care, specializing in non-invasive ventilation ("NIV") for patients with COPD and chronic respiratory failure. The Company delivers care through a clinician-driven, high-touch model that integrates respiratory therapists, proprietary clinical w ...

Core Thesis - Graham Holdings Company (GHC) is viewed as a bullish long-term investment opportunity due to its diversified business model, strong financial performance, and undervalued shares [1][6]. Company Overview - GHC is a diversified, family-controlled conglomerate operating in sectors such as education, media, healthcare, industrial, and consumer services, formerly known as The Washington Post Company [2]. - The company rebranded in 2013 and includes businesses like Kaplan's education services, local TV broadcasting through Graham Media Group, home healthcare, manufacturing, and digital media assets [2]. Education Segment - The education segment, particularly Kaplan, is a cornerstone of GHC, focusing on standardized test preparation and professional licensing, although it faces margin pressures from digital, low-cost competitors [3]. Media Operations - Graham Media's local TV stations benefit from government licensing and retransmission fee protections, creating effective monopolies in local markets [3]. Healthcare and Manufacturing - The healthcare business operates in a fragmented sector with temporary barriers due to local relationships, while manufacturing and niche operations face more competitive environments [4]. Financial Performance - GHC has shown steady growth with five-year annualized revenue expansion in the low double digits and positive profit margins, although these figures lag behind broader market benchmarks [5]. - The company maintains disciplined capital allocation, reflected in a solid return on equity exceeding internal thresholds and an ROIC above its cost of capital [5]. Shareholder Value - Strong free cash flow generation and exceptional recent EPS growth of over 200% indicate effective management and alignment with shareholder interests [6]. - Ongoing share repurchases, with nearly half a million shares authorized for buyback, further demonstrate commitment to returning value to shareholders [5].

Core Insights - Aveanna Healthcare Holdings Inc. will participate in the BofA Securities Home Care Conference on December 9, 2025, with a presentation scheduled for 12:30pm EST and 1x1 investor meetings [1] - The company provides a wide range of healthcare services across 38 states, including pediatric and adult care, nursing, rehabilitation, and hospice services [2] Company Overview - Aveanna Healthcare is headquartered in Atlanta, Georgia, and offers services such as occupational nursing in schools, therapy services, and day treatment centers for medically fragile and chronically ill patients [2] - The company also provides case management services to coordinate care among insurers, physicians, and healthcare providers, as well as respite healthcare services for caregivers [2] - Aveanna's services aim to deliver high-quality, lower-cost alternatives to prolonged hospitalization [2]

Core Insights - U.S. stocks are demonstrating strong performance, with major indexes rising and investor sentiment improving due to solid economic data and expectations for further monetary easing [1][2] - The market is entering a historically strong period, supported by positive earnings reports and improving growth forecasts, making it favorable for risk assets [2] - Investors are encouraged to focus on stocks with relative price strength, which indicates potential for significant returns [3][5] Company Highlights - **Agnico Eagle Mines Limited (AEM)**: A gold producer with a market cap of $87.5 billion, AEM has seen its earnings estimates rise by 8.8% over the past 60 days and its shares have doubled in a year [12][13] - **General Motors Company (GM)**: Holding a 16.5% share of the U.S. auto market, GM has a market cap of nearly $70 billion, with earnings estimates increasing by 9.9% over the last 60 days and shares gaining 36% in a year [13][14] - **Great Lakes Dredge & Dock (GLDD)**: As the top dredging contractor in the U.S., GLDD has a market cap of $868.4 million and is projected to have 31% earnings growth for 2025, with a 7.8% increase in earnings estimates over the past 60 days [15][16] - **BrightSpring Health Services (BTSG)**: This company focuses on home and community-based care, with a projected EPS growth rate of 53.3% over three to five years. Its earnings estimates have increased from $0.90 to $1.12, and shares have risen by 89.1% in a year [17][18] - **Everus Construction Group (ECG)**: With a market cap of $4.7 billion, ECG has seen a 23% increase in earnings estimates over the past 60 days and shares have increased by 38.7% in a year [19][20] Investment Strategy - A relative price strength strategy is recommended, focusing on stocks that outperform their sectors and have solid fundamentals, as these are more likely to yield considerable returns [5][6][7] - Stocks that have shown better performance than the S&P 500 over the last 1 to 3 months and have positive earnings revisions are considered optimal for investment [7][8] - Screening parameters include positive relative price changes over various time frames and upward revisions in earnings estimates for the current quarter [9][10]

Core Insights - Recent volatility in equity markets persists, with concerns about an AI bubble despite NVIDIA's strong quarterly performance and uncertainty regarding potential Federal Reserve rate cuts [1][2] Group 1: Market Conditions - The September jobs report, which was delayed due to a government shutdown, has reduced expectations for a rate cut in December, contributing to erratic market movements [2] - Individual investors face challenges in designing portfolios for healthy returns amid current market conditions [2] Group 2: Investment Recommendations - Brokers provide valuable insights through direct engagement with company management, public disclosures, and earnings calls, leading to well-informed stock recommendations [2] - Stocks recommended for monitoring include Par Pacific Holdings (PARR), BrightSpring Health Services (BTSG), The Goodyear Tire & Rubber Company (GT), American Airlines (AAL), and Allegiant Travel Company (ALGT) [2][6] Group 3: Stock Screening Methodology - A screening process has been established to identify stocks with improving broker recommendations and upward revisions in earnings estimates over the past four weeks, incorporating price/sales ratios as a valuation metric [3][4] - The screening parameters include net upgrades, earnings estimate revisions, and favorable price-to-sales metrics [4][6] Group 4: Company Profiles - **Par Pacific Holdings (PARR)**: Operates an integrated energy platform with a refining capacity of 219,000 barrels per day, serving key western U.S. markets [5][6] - **BrightSpring Health Services (BTSG)**: Focuses on home and community-based healthcare services, with a projected earnings growth rate of 100% for 2025 and a revenue increase of 12.8% over 2024 [7][8] - **The Goodyear Tire & Rubber Company (GT)**: A major tire manufacturer with a Zacks Rank of 3, has seen mixed earnings performance but benefits from strategic acquisitions and product launches [8][9] - **American Airlines (AAL)**: Benefits from increasing air travel demand and low fuel costs, with a projected revenue increase of 4.3% in 2025 [10] - **Allegiant Travel Company (ALGT)**: Experiences strong air travel demand and fleet upgrades, with earnings surpassing estimates in three of the last four quarters [11]

Addus HomeCare FY Conference Summary Company Overview - **Company**: Addus HomeCare (NasdaqGS:ADUS) - **Industry**: Home-based care and support services, focusing on personal care, hospice, and home health Key Points and Arguments Operational Opportunities and Priorities - **Caregiver App**: High utilization rates observed in Illinois, with plans to roll out in New Mexico and Texas, aiming to increase service utilization percentage [3][4] - **Census Growth**: Illinois has seen an increase in admissions while discharges decrease, setting up for growth in 2026 [4][6] - **Integration of Services**: Long-term strategy to connect personal care services (PCS) with skilled home health and hospice for seamless care [5] Financial Metrics and Growth Projections - **Revenue Growth**: Targeting 3%-5% revenue growth, split evenly between volume and rate [6] - **Census Metrics**: Consistent growth in census expected, with New Mexico showing over 3% growth post-redetermination [9][10] - **Fill Rate**: Current fill rate at approximately 83%-83.5%, with a goal to reach mid-80s [12][16] Reimbursement Environment - **Medicaid Landscape**: Ongoing uncertainty in Medicaid reimbursement, particularly in New Mexico and Pennsylvania, with expectations for potential rate updates in early 2026 [19][20] - **Advocacy for Rate Increases**: Emphasis on the importance of reimbursement increases to support caregiver wages and attract more caregivers [21][30] Market Dynamics and Competitive Positioning - **Low-Cost Provider Advantage**: Addus positions itself as a low-cost provider, emphasizing the cost savings of home care versus skilled nursing facilities [24] - **Minimum Wage Increases**: Minimal impact from recent minimum wage increases in certain states, with Illinois rates outpacing CPI increases [26] M&A Strategy and Market Position - **M&A Focus**: Targeting $100 million in annualized revenue through M&A, with a preference for blended asset acquisitions [46][48] - **De Novo Opportunities**: Open to de novo expansions but historically focused on acquisitions due to quicker profitability [43] Clinical and Hospice Business Performance - **Hospice Growth**: Year-to-date organic growth in hospice is in the low teens, outperforming the targeted 5%-7% growth [35] - **Bridge Program Success**: A quarter of hospice referrals are coming from the Bridge program, which connects home health to hospice [37] Future Outlook and Challenges - **2026 Projections**: Anticipation of continued growth in personal care and hospice, with a focus on maintaining margins and managing costs [39][55] - **Technological Integration**: Plans to leverage technology and AI for operational efficiency and cost management [65] Conclusion - Addus HomeCare is strategically positioned to capitalize on growth opportunities in the home care sector, with a focus on operational efficiency, caregiver support, and integration of services. The company is navigating a complex reimbursement landscape while maintaining a commitment to growth through both organic and acquisition strategies.

Core Insights - AdaptHealth Corp. has received an upgrade in its issue-level rating on senior unsecured debt from S&P Global Ratings, moving from 'B+' to 'BB-' [1] - The recovery rating for the company's debt has been revised from '5' to '4' [1] Company Overview - AdaptHealth is recognized as a national leader in providing patient-centered healthcare-at-home solutions, which include home medical equipment, medical supplies, and related services [1]

Core Viewpoint - The article discusses the bullish outlook for small- and mid-cap stocks, highlighting their potential for earnings growth as the market approaches the end of the year, with expectations for a catch-up in performance compared to large-cap stocks driven by favorable market conditions and improved earnings guidance [2][3][4]. Small and Mid-Cap Stocks Outlook - Scott Chronert, Citi's U.S. equity strategist, emphasizes that small and mid-cap stocks are expected to transition from low single-digit earnings growth in 2025 to low double-digit growth in 2026 [3]. - The recent Q3 earnings reports from small-cap companies have shown raised guidance for Q4 and 2026, indicating a positive trend for these stocks [3]. - The small-cap sector is coming off a two-year period of low earnings, which sets a favorable comparison for future growth [3]. Methodology for Stock Selection - The list of the 10 hottest small-cap stocks was compiled using the Finviz Stock Screener, WSJ, Yahoo Finance, and Insider Monkey's Q2 2025 database, focusing on stocks with market capitalizations between $300 million and $2 billion that gained over 50% in the past six months [7]. - Stocks were ranked based on the number of hedge fund holders, indicating interest from institutional investors [7][8]. Featured Small-Cap Stocks - **Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH)**: - Market Capitalization: $1.88 billion - 6-Month Performance: 55.36% - Revenue grew by 22.2% year-over-year to $621.9 million, exceeding analyst expectations [10][12]. - Adjusted EBITDA increased by 67.5% year-over-year to $80.1 million, with management raising full-year revenue guidance to over $2.375 billion [13][14]. - **Spyre Therapeutics, Inc. (NASDAQ:SYRE)**: - Market Capitalization: $1.81 billion - 6-Month Performance: 56.40% - Positive interim Phase 1 results for SPY003, a novel treatment for inflammatory bowel disease, were announced, showing a favorable safety profile [15][16]. - The company is well-positioned financially with a substantial cash runway to support operations until the second half of 2028 [18].

Summary of InnovAge FY Conference Call - November 14, 2025 Industry Overview - The discussion revolves around the aging in place healthcare model, focusing on the challenges and opportunities in providing care for the elderly in their homes rather than in institutional settings [4][69]. Key Points and Arguments Aging Population and Healthcare System - The healthcare system must adapt to accommodate over 30 years of post-retirement life as people live longer [4][69]. - There is a need to address inefficiencies in the current aging care system to make longevity economically sustainable [4][69]. Inefficiencies in Home Care - Pippa Schulman from DispatchHealth highlights the complexity of delivering care at home, noting that reimbursement structures are confusing and do not support home-based care adequately [7][8]. - Joe Camorra from SCAN Health Plan emphasizes the increasing complexity of matching resources to the needs of aging patients, leading to administrative waste [9][10]. Role of Private Capital - The panelists agree on the importance of private capital in scaling aging-in-place healthcare models, as the not-for-profit sector struggles to drive models to scale [16][17]. - Private funding is seen as essential for innovation and rapid deployment of healthcare solutions [16][18]. Technology and AI in Home Care - AI is viewed as a tool to improve logistics and patient care by better matching patients with the right resources and care plans [25][30]. - The panelists discuss the potential of AI to streamline operations and enhance patient interactions, allowing clinicians to focus more on care rather than administrative tasks [30][32]. Trust and Patient Engagement - Building trust with patients is crucial, as many elderly individuals feel overwhelmed by the healthcare system and require time to establish rapport with their caregivers [36][37]. - The need for personalized care that respects the individual’s preferences and functional status is emphasized [91]. Future Innovations - The panelists express optimism about the future of aging in place, anticipating more coordinated care models and simplified payment structures [60][61]. - There is a call for a permanent payment model for home-based care to facilitate better service delivery [69]. Challenges in the PACE Model - The PACE (Program for All-Inclusive Care for the Elderly) model faces growth limitations due to geographic accessibility and competition from other care models [95][96]. - The need for policy changes to promote coordinated care programs like PACE is highlighted [95]. Other Important Insights - The discussion touches on the importance of socialization and community engagement for the elderly, as loneliness is a significant issue for aging individuals [66][70]. - The panelists stress the need for a user-centered design in healthcare technology to cater to a diverse elderly population [87][88]. This summary encapsulates the key discussions and insights from the InnovAge FY Conference Call, focusing on the challenges and opportunities in the aging in place healthcare model.