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

Thematic (Sector/Industry)

<ul><li>The WTR Sustainable Index was up 3.4% W/W versus the S&amp;P 500 Index (up 5.7%), the Russell 2000 Index (up 1.8%) and the Nasdaq Index (up 7.4%).</li><li>Energy Technology (12.6% of the index) was up 1.6%, while Industrial Climate and Ag Technology (45.7% of the index) was up 5.0%, ClimateTech Mining was up 1.1%, and Advanced Transportation Solutions (21.5% of the index) was up 3.3%.</li><li>Top 10 Performers: ALTA, FGPHF, AVL, VGAS, VIHD, LNZA, FHYD, OPTT, GWTI, LIDR</li></ul>

The WTR Sustainable Index was up 3.4% W/W versus the S&amp;P 500 Index (up 5.7%), the Russell 2000 Index (up 1.8%) and the Nasdaq Index (up 7.4%).Energy Technology (12.6% of the index) was up 1.6%, while Industrial Climate and Ag Technology (45.7% of the index) was up 5.0%, ClimateTech Mining was up 1.1%, and Advanced Transportation Solutions (21.5% of the index) was up 3.3%.Top 10 Performers: ALTA, FGPHF, AVL, VGAS, VIHD, LNZA, FHYD, OPTT, GWTI, LIDR

Sustainable Investing Surveyor Focus on Blue Biofuels (BIOF): Breaks Ground in Florida

<ul><li>The WTR Sustainable Index was down 7.2% W/W versus the S&amp;P 500 Index (down 9.1%), the Russell 2000 Index (down 9.7%), and the Nasdaq Index (down 9.8%).</li><li>Energy Technology (12.8% of the index) was down 9.0%, while Industrial Climate and Ag Technology (45.0% of the index) was down 8.8%, ClimateTech Mining was down 3.0%, and Advanced Transportation Solutions (21.6% of the index) was down 6.4%.</li><li>Top 10 Performers: PGTK, GWTI, MVST, NRM, LEV, AZRE, JEV, <span style="font-size: var(--content-font-size);">VIHD, ENG, RUN</span></li></ul>

The WTR Sustainable Index was down 7.2% W/W versus the S&amp;P 500 Index (down 9.1%), the Russell 2000 Index (down 9.7%), and the Nasdaq Index (down 9.8%).Energy Technology (12.8% of the index) was down 9.0%, while Industrial Climate and Ag Technology (45.0% of the index) was down 8.8%, ClimateTech Mining was down 3.0%, and Advanced Transportation Solutions (21.6% of the index) was down 6.4%.Top 10 Performers: PGTK, GWTI, MVST, NRM, LEV, AZRE, JEV, VIHD, ENG, RUN

Sustainable Investing Surveyor - Focus on Origin Materials (ORGN)

<ul><li>The WTR Sustainable Index was down 0.2% W/W versus the S&amp;P 500 Index (up 1.5%), the Russell 2000 Index (flat) and the Nasdaq Index (up 2.9%).</li><li>Energy Technology (13.2% of the index) was down 1.4%, while Industrial Climate and Ag Technology (46.5% of the index) was up 0.5%, ClimateTech Mining was down 1.1%, and Advanced Transportation Solutions (22.1% of the index) was up 1.5%.</li><li>Top 10 Performers: LILM, PEV, LBNK, NXH, AZRE, MVST, GOEV, EH, IRBT, NKLA</li></ul>

The WTR Sustainable Index was down 0.2% W/W versus the S&amp;P 500 Index (up 1.5%), the Russell 2000 Index (flat) and the Nasdaq Index (up 2.9%).Energy Technology (13.2% of the index) was down 1.4%, while Industrial Climate and Ag Technology (46.5% of the index) was up 0.5%, ClimateTech Mining was down 1.1%, and Advanced Transportation Solutions (22.1% of the index) was up 1.5%.Top 10 Performers: LILM, PEV, LBNK, NXH, AZRE, MVST, GOEV, EH, IRBT, NKLA

Sustainable Investing Surveyor Focus on FutureFuel (FF)

<ul><li>The WTR Sustainable Index was up 0.5% W/W versus the S&amp;P 500 Index (down 0.2%), the Russell 2000 Index (down 0.3%) and the Nasdaq Index (up 0.1%).</li><li>Energy Technology (13.3% of index) was down 1.2%, while Industrial Climate and Ag Technology (46.6% of index) was up 0.3%, ClimateTech Mining was up 0.4%, and Advanced Transportation Solutions (21.7% of index) was up 2.0%.</li><li>Top 10 Performers: FGPHF, AZRE, CRE, LTBR, NVVE, OPTT, AMSC, TGEN, VLI, ELBM</li></ul>

The WTR Sustainable Index was up 0.5% W/W versus the S&amp;P 500 Index (down 0.2%), the Russell 2000 Index (down 0.3%) and the Nasdaq Index (up 0.1%).Energy Technology (13.3% of index) was down 1.2%, while Industrial Climate and Ag Technology (46.6% of index) was up 0.3%, ClimateTech Mining was up 0.4%, and Advanced Transportation Solutions (21.7% of index) was up 2.0%.Top 10 Performers: FGPHF, AZRE, CRE, LTBR, NVVE, OPTT, AMSC, TGEN, VLI, ELBM

Weekly Sustainable Investing Surveyor - February 10, 2025

<ul><li>WTR-CMI in 2024. Last year was difficult for specialty chemicals and materials stocks, with our WTR-CMI Index posting a rather modest 5% gain for the year, affected by &gt;40% Y/Y declines in lithium stocks.</li><li>The index’s performance was well off the pace of the Russell 2000 and S&amp;P 500, which posted returns of 10.8% and 24%, respectively, driven by the extraordinary gains of the “magnificent seven” tech and media stocks.</li><li>On a positive note, RYAM’s stock price nearly doubled during the year, driven by an <span style="font-size: var(--content-font-size);">improving pricing environment, better sales mix, and cost </span>containment efforts, as well as the ramp-up of the company’s Biomaterials business. </li></ul>

WTR-CMI in 2024. Last year was difficult for specialty chemicals and materials stocks, with our WTR-CMI Index posting a rather modest 5% gain for the year, affected by &gt;40% Y/Y declines in lithium stocks.The index’s performance was well off the pace of the Russell 2000 and S&amp;P 500, which posted returns of 10.8% and 24%, respectively, driven by the extraordinary gains of the “magnificent seven” tech and media stocks.On a positive note, RYAM’s stock price nearly doubled during the year, driven by an improving pricing environment, better sales mix, and cost containment efforts, as well as the ramp-up of the company’s Biomaterials business. 

Mat-Chem Notes - Looking Ahead by Looking Back at 2024

United States

The Russell 2000 Index is comprised of the smallest 2000 companies in the Russell 3000 Index, representing approximately 8% of the Russell 3000 total market capitalization. The index was developed with a base value of 135.00 as of December 31, 1986.

Russell 2000 Index (RTY INDEX)

Sustainable Investing Surveyor Focus on Blue Biofuels (BIOF): Breaks Ground in Florida

The WTR Sustainable Index was up 3.4% W/W versus the S&P 500 Index (up 5.7%), the Russell 2000 Index (up 1.8%) and the Nasdaq Index (up 7.4%).

Water Tower Research

Sustainable Investing Surveyor - Focus on Origin Materials (ORGN)

The WTR Sustainable Index was down 7.2% W/W versus the S&P 500 Index (down 9.1%), the Russell 2000 Index (down 9.7%), and the Nasdaq Index (down...

Water Tower Research

Sustainable Investing Surveyor Focus on FutureFuel (FF)

The WTR Sustainable Index was down 0.2% W/W versus the S&P 500 Index (up 1.5%), the Russell 2000 Index (flat) and the Nasdaq Index (up 2.9%).

Water Tower Research

Weekly Sustainable Investing Surveyor - February 10, 2025

The WTR Sustainable Index was up 0.5% W/W versus the S&P 500 Index (down 0.2%), the Russell 2000 Index (down 0.3%) and the Nasdaq Index (up 0.1%).

Water Tower Research

Mat-Chem Notes - Looking Ahead by Looking Back at 2024

Last year was difficult for specialty chemicals and materials stocks, with our WTR-CMI Index posting a rather modest 5% gain for the year, affected...

Water Tower Research