News

We provide the latest news
from the world of economics and finance

01 March
Validea Kenneth Fisher Strategy Daily Upgrade Report - 3/1/2024

The following are today's upgrades for Validea's Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.

AMARIN CORPORATION PLC (ADR) (AMRN) is a small-cap value stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Kenneth Fisher changed from 28% to 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: Amarin Corporation PLC is a pharmaceutical company. The Company is focused on the commercialization and development of therapeutics to improve cardiovascular (CV), health and reduce CV risk. The Company operates through the development and commercialization of VASCEPA. Its lead product, Vascepa (icosapent ethyl) capsule is used as an adjunct to diet to reduce triglyceride levels in adult patients with severe hypertriglyceridemia. This indication for Vascepa, known as the MARINE indication, is based primarily on the results from the MARINE study of Vascepa in this approved patient population. The Company sells Vascepa principally to wholesalers, as well as selected regional wholesalers and specialty pharmacy providers, or collectively, its distributors, which in turn resell Vascepa to retail pharmacies for resale to patients and healthcare providers.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.

Detailed Analysis of AMARIN CORPORATION PLC (ADR)

LUXFER HOLDINGS PLC (LXFR) is a small-cap value stock in the Misc. Capital Goods industry. The rating according to our strategy based on Kenneth Fisher changed from 80% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: Luxfer Holdings PLC is a global industrial company that is focused on niche applications in materials engineering. The Company's Gas Cylinders segment manufactures and markets specialized, highly engineered cylinders using carbon composites and aluminum. Its key product lines under the Gas Cylinders segment include carbon fiber composite cylinders for self-contained breathing apparatus (SCBA), used by firefighters and other emergency-responders; carbon fiber composite cylinders for compressed natural gas (CNG) and hydrogen containment in alternative fuel (AF) vehicles; and cylinders used for the containment of oxygen and other medical gases used by patients, healthcare facilities and laboratories. Its Elektron Segment focuses on specialty materials based primarily on magnesium and zirconium. Its key product lines under the Elektron segment include advanced lightweight, corrosion-resistant and heat- and flame-resistant magnesium alloys; magnesium powders; and others.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.

Detailed Analysis of LUXFER HOLDINGS PLC

BUMBLE INC (BMBL) is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on Kenneth Fisher changed from 48% to 70% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: Bumble Inc. is a holding company. It operates online dating platforms and social media platforms that offer dating features. Its platform enables people to connect and build healthy and equitable relationships on their own terms. It operates three mobile applications (app), such as Bumble app, Badoo app and Fruitz app. The Bumble app enables users to set up a profile, in which users input information about themselves, including their name, age, gender identity, sexual orientation, who they are looking for, and a photo. Its subscription offerings include Bumble Boost and Bumble Premium, which provide users with additional features. The Badoo app offers Web and mobile free-to-use dating products. It also allows profile videos on the Badoo app. Subscription offerings on Badoo app are Badoo Premium and Badoo Premium Plus. Fruitz app requires all users to select a profile fruit to symbolize their dating intention. Fruitz app's subscription offerings are Fruitz Premium and Fruitz Golden.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.

Detailed Analysis of BUMBLE INC

About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink.

About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.