Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Equity Bottom-Up

<ul><li>Last week, the WTR Sustainable Index was down 5.7% W/W versus the S&amp;P 500 Index (down 2.4%), the Russell 2000 Index (down 4.2%), and the Nasdaq Index (down 2.2%).</li><li>Energy Technology (40% of the index) was down 5.2%, while Transportation Solutions (33% of the index) was down 5.0%, Climate Tech and Clean Tech (20% of the index) was down 4.2%, and Climate Tech Mining and Processing (7% of the index) was down 17.3%.</li><li>Top 10 Performers: NXHSF, LISMF, KARX, AMSC, GNRC, AWLIF, NWTN, TPCS, CPSH, GRDAF</li></ul>

Last week, the WTR Sustainable Index was down 5.7% W/W versus the S&amp;P 500 Index (down 2.4%), the Russell 2000 Index (down 4.2%), and the Nasdaq Index (down 2.2%).Energy Technology (40% of the index) was down 5.2%, while Transportation Solutions (33% of the index) was down 5.0%, Climate Tech and Clean Tech (20% of the index) was down 4.2%, and Climate Tech Mining and Processing (7% of the index) was down 17.3%.Top 10 Performers: NXHSF, LISMF, KARX, AMSC, GNRC, AWLIF, NWTN, TPCS, CPSH, GRDAF

Sustainable Investing Surveyor Focus on NextDecade (NEXT) - August 4, 2025

<ul><li>The WTR Sustainable Index was down 1.3% W/W versus the S&amp;P 500 Index (down 0.6%), the Russell 2000 Index (down 2.6%), and the Nasdaq Index (up 0.7%).</li><li>Energy Technology (13.4% of the index) was down 4.1%, while Industrial Climate and Ag Technology (48.4% of the index) was down 1.0%, ClimateTech Mining was up 0.2%, and Advanced Transportation Solutions (20.7% of index) was down 1.6%.</li><li>Top 10 Performers: DCFC, GWTI, AMMP, AVL, LOOP, INVZ, WAVE, <span style="font-size: var(--content-font-size);">REE, SPI, PNPN</span></li></ul>

The WTR Sustainable Index was down 1.3% W/W versus the S&amp;P 500 Index (down 0.6%), the Russell 2000 Index (down 2.6%), and the Nasdaq Index (up 0.7%).Energy Technology (13.4% of the index) was down 4.1%, while Industrial Climate and Ag Technology (48.4% of the index) was down 1.0%, ClimateTech Mining was up 0.2%, and Advanced Transportation Solutions (20.7% of index) was down 1.6%.Top 10 Performers: DCFC, GWTI, AMMP, AVL, LOOP, INVZ, WAVE, REE, SPI, PNPN

Sustainable Investing Surveyor - Focus on NextDecade Corporation (NEXT)

Providing investors with a balanced perspective, Massif Capital

Massif Capital Research

Providing investors with a balanced perspective

Massif Capital

Research focused on providing investors with a balanced perspective on the environmental and economic realities of achieving a carbon-neutral economy for businesses within the Energy, Basic Materials and Industrial industries.

The Massif Capital Real Asset Strategy is a global long/short equity strategy built around bottom-up stock picking. We are focused on creating a portfolio of businesses from within the Energy, Basic Materials and Industrial sectors that balance the environmental and economic realities of achieving a carbon-neutral economy.

Commodities

<h3><strong>This Week's Key Take Aways</strong></h3>
<ul>
<li>Lithium stock run may already be out of steam</li>
<li>Like Oil, the Natural Gas markets appear well supplied and are showing near-term weakness.</li>
<li>No love for North American lumber</li>
<li>Copper continues to have us on edge, love the long-term story, but we have got to survive the short and medium term to get there.</li>
<li>Renewable tax credit qualification has a new physical work standard; the race is on to build.</li>
</ul>

This Week's Key Take Aways

Lithium stock run may already be out of steam
Like Oil, the Natural Gas markets appear well supplied and are showing near-term weakness.
No love for North American lumber
Copper continues to have us on edge, love the long-term story, but we have got to survive the short and medium term to get there.
Renewable tax credit qualification has a new physical work standard; the race is on to build.


Real Asset Chartbook Week #18: Lithium Blinks, Gas Slips, Copper Stalls—Who Survives the Grind?

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/goodman-group" target="_blank" data-smartkarma-citation="entities:959:1" rel="noopener">Goodman Group (GMG AU)</a> is looking to raise around US$2.5bn to partly fund its data centre expansion plans.</li>
<li>Goodman’s shares have performed exceptionally well over the past year, driven by its pivot towards data centers.</li>
<li>In this note, we will talk about the placement and run the deal through our ECM framework.</li>
</ul>



Goodman Group (GMG AU) is looking to raise around US$2.5bn to partly fund its data centre expansion plans.
Goodman’s shares have performed exceptionally well over the past year, driven by its pivot towards data centers.
In this note, we will talk about the placement and run the deal through our ECM framework.


Goodman Group Placement - Large Deal, Doesn’t Seem Well Flagged, Not Particularly Exciting

United States

NextDecade Corporation operates as a liquefied natural gas (LNG) company. The Company focuses on supply and trade of LNG, creation of new natural gas infrastructure, including pipeline and natural gas liquefaction facilities, and treatment of natural gas into LNG, as well as provides technical engineering and design services. NextDecade serves customers worldwide.

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NextDecade Corp (NEXT US)

Sustainable Investing Surveyor Focus on NextDecade (NEXT) - August 4, 2025

Last week, the WTR Sustainable Index was down 5.7% W/W versus the S&P 500 Index (down 2.4%), the Russell 2000 Index (down 4.2%), and the Nasdaq...

Water Tower Research

Sustainable Investing Surveyor - Focus on NextDecade Corporation (NEXT)

The WTR Sustainable Index was down 1.3% W/W versus the S&P 500 Index (down 0.6%), the Russell 2000 Index (down 2.6%), and the Nasdaq Index (up 0.7%).

Water Tower Research

Real Asset Chartbook Week #18: Lithium Blinks, Gas Slips, Copper Stalls—Who Survives the Grind?

This Week's Key Take Aways Lithium stock run may already be out of steam Like Oil, the Natural Gas markets appear well supplied and are showing...

Massif Capital Research

Goodman Group Placement - Large Deal, Doesn’t Seem Well Flagged, Not Particularly Exciting

Goodman Group (GMG AU) is looking to raise around US$2.5bn to partly fund its data centre expansion plans. In this note, we talk about the deal...

Sumeet Singh

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