Twilio Investor Relations: A Tougher Job than Most
The chart shows the performance of internet infrastructure company TWLO over the last three years Since the stock’s most recent peak on March 1, 2021, it has stalled, falling -17% in an up 12.5% tape[1] Twilio has been a ...
Is DVN’s Stock Price Today an Opportunity?
The case for undervalued energy, looking at Devon Energy over the last three years. The chart shows the performance of oil and gas exploration company DVN over the last three years Since the stock’s trough in October of 2020, ...
Net Zero Emissions by 2050: The Possible vs. The Plausible
The charts below are from the International Energy Agency’s fantastic “Net Zero by 2050” report. The sheer breadth, depth, and work in the report boggles the mind. Designed to ...
What is Fixed Income Investing Today?
Low Yields are Now the Norm KCR recently came across a fabulous tweet by @charliebilello that caught our attention. In his tweet, he pointed out...
Market Cap of Companies Over 10x & 20x Sales is Out of Control
Are the Most Valued Companies in the World this Valuable? In March, we published a chart showing the market capitalization of firms over 10x price to sales hit $10 trillion The navy blue line updates that chart: today there ...
Oil Stocks to Buy: A Preference for Profits Over Promises
We believe investors should be open-minded about old-fashioned energy for two reasons. First, we have a growing conviction in oil companies’ capital discipline. Second, while commodity prices may rise due ...
Are Current Crude Oil Prices Reflected in Energy Stocks?
Energy Investing May be a Highly Profitable Endeavor: A Contrarian Take on “Peak Oil Demand” The chart below shows the Energy Sector’s weight in the S&P 500 is at the lowest level in history In a recent Quick Take, ...
Bitcoin vs Ethereum and the Case for Crypto
A Thoughtful Bull on the Future of Crypto The Best Crypto to Invest In…. The research team’s view on the top cryptocurrencies is a simple one. We stick to ...
Crude Investing: Energy Stocks & ESG
The KCR research team has worked in the investing business for an embarrassingly long time. As in prior manias, the consensus view has become dogma today. With legions of ...
Financial Fragility of Weak Firms is at Dot.Com Levels
Credit Risk in Stocks Using the Fed Definition of Speculative Grade Stocks Shows Elevated Risk Today The chart shows that the weakest quintile of stocks is as vulnerable today as they were in 2000 Vulnerability is measured by ICR, ...
Mohawk Industries Stock
Fun with flooring, the case for the basics, looking at Mohawk Industries over the last three years The chart shows the performance of flooring products company MHK, Mohawk Industries, over the last three years Since the MHK stock’s trough ...
Junk Stocks Funded by Junk Bonds
An Honest Take on Difficult Circumstances When bond yields first went negative, I called a long-time confidante. I whispered into the phone, “Someone is paying someone to borrow their ...
