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 1.3% W/W versus the S&amp;P 500 Index (down 0.5%), the Russell 2000 Index (up 0.1%), and the Nasdaq Index (down 0.2%).</li><li>Energy Technology (12.1% of the index) was up 4.2%, while Industrial Climate and Ag Technology (47.6% of the index) was up 0.5%, ClimateTech Mining was up 1.7%, and Advanced Transportation Solutions (21.5% of the index) was up 1.3%.</li><li>Top 10 Performers: AZRE, AEVA, GCEH, HLGN, ALLIF, PEV, SHLS, EAF, RUN, EVGO</li></ul>

The WTR Sustainable Index was up 1.3% W/W versus the S&amp;P 500 Index (down 0.5%), the Russell 2000 Index (up 0.1%), and the Nasdaq Index (down 0.2%).Energy Technology (12.1% of the index) was up 4.2%, while Industrial Climate and Ag Technology (47.6% of the index) was up 0.5%, ClimateTech Mining was up 1.7%, and Advanced Transportation Solutions (21.5% of the index) was up 1.3%.Top 10 Performers: AZRE, AEVA, GCEH, HLGN, ALLIF, PEV, SHLS, EAF, RUN, EVGO

Sustainable Investing Surveyor Focus on Neste Corporation

<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)

Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

<ul>
<li>Asymmetric return opportunity in a short position in Japan - downside vs upside potential is skewed to the downside.</li>
<li>The weak JPY hasn’t helped the overall market and rising risk of a reversal similar to August 2024</li>
<li>We look at some sectors and stocks that are good short candidates</li>
</ul>


Asymmetric return opportunity in a short position in Japan - downside vs upside potential is skewed to the downside.
The weak JPY hasn’t helped the overall market and rising risk of a reversal similar to August 2024
We look at some sectors and stocks that are good short candidates


Tactical Trading - Time to Sell Japan. Again.

<ul>
<li>A review of recent events/data impacting our investment themes or outlook</li>
<li>Is the OpenAI NVIDIA Artificial Intelligence driven bull market over?</li>
<li>The Japanese and Taiwanese stock markets are most at risk</li>
</ul>


A review of recent events/data impacting our investment themes or outlook
Is the OpenAI NVIDIA Artificial Intelligence driven bull market over?
The Japanese and Taiwanese stock markets are most at risk


Overview #17 – Buckle Up, We’re Not in Kansas Anymore!

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 Neste Corporation

The WTR Sustainable Index was up 1.3% W/W versus the S&P 500 Index (down 0.5%), the Russell 2000 Index (up 0.1%), and the Nasdaq Index (down 0.2%).

Water Tower Research

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

Tactical Trading - Time to Sell Japan. Again.

It's the perfect storm for the Japanese market. Tariffs, JPY, rising rates and inflation, with growth weakening. The 2,800 level on Topix has been...

Rikki Malik

Overview #17 – Buckle Up, We’re Not in Kansas Anymore!

A review of recent events/data impacting our investment themes and outlook. We examine some implications of a peaking in the AI narrative-driven...

Rikki Malik