Spotlights
Ondas Inc. (ONDS): Integrated Drones For Western Armies
Drones, AI, and networks are now increasingly becoming crucial advantages or disadvantages an army can have on the battlefield. What started with limited use of commercial drones as weapon systems in Syria and Armenia has become the deadliest tool of…
Jonathan Schramm
Linde (LIN): Industrial Gas Giant Fueling Green Steel, Chips, and Space
When we think of industrial materials, we usually think of commodities like steel, coal, aluminum, ceramics, and other easy-to-identify solids. But equally important are all the various gases used by the chemical, metallurgical, and semiconductor industries, as well as in…
Jonathan Schramm
Upstart (UPST): Building The Lending Platform Of the AI Era
Many financial services are, at their core, information businesses. For example, an insurance company needs to have correct information about the future rate of accidents and their cost to properly identify the price at which an insurance policy will still…
Jonathan Schramm
Barrick Gold (B): A Giant Of North American Gold Mining
When it comes to mining metals, some of the investing public’s attention goes to industrial metals, from the massive production volumes of iron and aluminum to the more niche products like tungsten, platinum, rhenium, rhodium, or uranium (follow the links…
Jonathan Schramm
MARA Holdings (MARA): Bitcoin Miner Integrates Energy and AI Compute
In recent years, delivering enough computing power has become a key metric for developed economies managing the transition to AI-driven economic activity. The same compute capacity is also in high demand for Bitcoin mining, as digital currencies have become a…
Jonathan Schramm
Freeport-McMoRan: Building The Copper Supply For The Future
Copper Is More Essential Than Ever Early on in human history, some people figured out that some special rocks contained metal and that this metal could be melted away and purified. Thanks to their lower melting points and the relatively…
Jonathan Schramm
AeroVironment (AVAV): The Western Drone And Loitering Munitions Company
Since we initially wrote our article “Top 10 Aerospace and Defense Stocks“ in 2023, international geopolitics have kept taking a turn for the worse. The war in Ukraine is still ongoing and, if anything, escalating, and the Middle East is ablaze…
Jonathan Schramm
MSCI (MSCI): Indexing The World’s Financial Markets
The Shift From Direct Investing To Indexing Historically, investing in stocks and bonds was the domain of professional investors and institutions like banks, investment funds, and insurance companies. In part, this was because information was rare and difficult to obtain…
Jonathan Schramm
Illinois Tool Works (ITW): The Backbone of US Reindustrialization
There are a lot of talks about reindustrialization and bringing back strategic manufacturing capacity in Western countries, like chip manufacturing, rare earth refining, pharmaceutical production, etc. However, a lot of the efforts to achieve this goal will rely on the…
Jonathan Schramm
Bloom Energy (BE): Combustion-Free Electricity To Power The AI Boom
Energy is the lifeblood of industrial civilization. For a long time, this has taken the form of fossil fuels, which, even to this day, represent the bulk of primary energy consumption. Today, energy consumption is shifting toward electricity, with heating,…
Jonathan Schramm
Southern Company (SO): Powering America’s Growing Electricity Needs
Electricity production is generally grouped in the utility sector, a category of industry considered by investors as stable and “boring”, with little expectation for growth and the associated large gains. Instead, the utility sector is favored by investors seeking stable…
Jonathan Schramm
Rockwell Automation (ROK): Making Smart Factories The Default Of Manufacturing
With the explosion of capacity of AI, robotics, machine vision, connected devices, Internet of Things (IoT), 3D printing, and digital twins, manufacturing is changing very quickly. The old paradigm of an assembly line producing the same product again and again…
Jonathan Schramm
Butterfly Network (BFLY): Transforming Imaging With Midjourney
Medicine has made significant progress in the past few decades, largely thanks to advances in biochemistry, pharmaceuticals, and biotechnology, giving us mRNA vaccines, advanced cancer therapies, monoclonal antibodies, stem cell therapies, gene therapies, etc. However, another segment of medicine has…
Jonathan Schramm
Vale (VALE): Making Iron Mining Sustainable & Building a Copper Giant
Making Iron & Steel Sustainable Iron is often viewed as a “boring” metal by investors. It mostly follows global economic cycles and is unlikely to have any narrative tied to it. No one expects iron demand to triple in the next decade…
Jonathan Schramm
RTX Corporation (RTX): The Aerospace Giant Powering Global Aviation and Defense
Soon after the invention of the airplane, its military applications became obvious. From reconnaissance and primitive bombing in WWI, air power became an essential component of warfare by WW2, to only become even more important with guided missiles, nuclear weapons,…
Jonathan Schramm
