INSTITUTIONAL RESEARCH

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SCL / Stepan Co | Bubbly Bear Case Learn More
Buy Now

Consumer purchases of soaps and disinfectants surged during the pandemic, and a normalization of sanitizing product demand may pressure pricing...

IFF Rotten, N & B Faddish? Learn More
Buy Now

We were surprised by the evident weakness in IFF’s quarter-end positioning. Incremental data and field work have increased our confidence in the bear...

EXP, MHK, OC, MAS, CBPX | Building Materials Black Book Call Learn More
Buy Now

We think building products and construction materials names are one of the few interesting longs in the sector. To buy cyclicals ‘cheap’ means buying into weak results. With residential construction spending down high...

OC, EXP, VMC | Next Course! Appetite For Construction, Part Deux Learn More
Buy Now

We have waited for an opportunity to add OC shares back, particularly since we took...

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