Nathaniel Gration
πŸ“° RESEARCH COMPLETE πŸ”Ž As mentioned a couple of days ago I had been researching a few stocks to potentially add. Vertic, JCI, Corning, Sofi and Costco. In short the fair value and valuation of these business with the exception of maybe Costco has caused me to just take a step back for a moment. Long story short, we are going to hold off on entering into these companies. However, during my research I came across 2 other companies which I thought are very interesting especially from a valuation position. They would also give us a direct play into financials and energy of which we don’t have any direct exposure. The 2 companies are CPI Card Group and Chord Energy πŸ‘€ LETS TAKE A LOOK πŸ’‘ $CHRD ( Chord Energy Corporation) THE BUY CASE πŸ‘‰ Average price of 134.14 currently sitting at 99.13 giving it an upside potential of 35% πŸ‘‰8 analysts have revised their earnings upwards πŸ‘‰ Management have been buying shares for themselves πŸ“– THE STORY Chord Energy Corporation operates as an independent exploration and production company in the United States. The company acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. It sells its products to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas. οΌ„ $PMTS (CPI Card Group Inc) THE BUY CASE πŸ‘‰ Average price is 19.87 and it currently sits at 15.34 giving it a potential upside of 30%. The spread is 13.33 to 27.21. πŸ‘‰ Management have been buying shares for themselves πŸ‘‰The liquid assets that they hold exceed short term obligations . πŸ“– THE STORY CPI Card Group Inc., together with its subsidiaries, engages in the design, production, data personalisation, packaging, and fulfillment of payment cards in the United States. It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces secure debit and credit cards, such as contact, contactless, eco-focused, and magnetic stripe cards; and provides card services, including digital services. This segment also provides personalisation services, which include instant issuance solutions, that provides customers the ability to issue an instant personalised debit or credit card on-demand; and other payment solutions, such as digital push provisioning. The Prepaid Debit segment primarily provides integrated card services comprising tamper-evident security packaging services. It also produces payment cards issued on the networks of the payment card brands. It serves issuers of debit and credit cards, prepaid program managers, financial institution platform providers and card processor organisations, fintechs, small to mid-sized financial institutions, healthcare providers, entertainment venues, government disbursements, transit services, and others through sales representatives, customer relationships, and partners. The company was formerly known as CPI Holdings I, Inc. and changed its name to CPI Card Group Inc. in August 2015. CPI Card Group Inc. was incorporated in 2007 and is headquartered in Littleton, Colorado. I am looking quite strongly to place an opening position on these stocks in the coming week. Thank you for taking the time to read my post. If you have any questions about this please let me know πŸ˜€. I hope you have a great day, Nate $SPX500 $NSDQ100 $COPPER.FUT
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