Takeover – Shockwave Medical ($SWAV) Being Bought by Johnson & Johnson ($JNJ) for $335
DKI originally recommended Shockwave Medical ($SWAV) in December when the stock was at $190. A key part of our positive thesis on the stock was our expectation of a takeover at > $300. This morning, Johnson & Johnson ($JNJ) announced a deal to buy $SWAV for $335 in cash. I’d like to thank cardiologist and … Read more
Weekly Points–March 29th, 2024 – 5 Things to Know in Investing This Week – The Shockwave Issue
The Personal Consumption Expenditures (PCE) Index is the preferred inflation metric for the Federal Reserve. This month’s report came out during Good Friday when the markets are closed. Within hours, the hawks who favor higher rates and the doves who favor lower rates all claimed the report vindicated their view. We’ll elaborate. Shockwave Medical $SWAV … Read more
5 Things to Know – Video Version – The Shockwave Issue
Gary Brode of Deep Knowledge Investing and Robb Fahrion of Flying V Group discuss the 5 Things to Know in Investing This Week: The Shockwave Issue with guest Enrique Abeyta This week, we’ll address the following topics: -The PCE is still too high, but in-line with expectations. Fed doves and asset gatherers resume begging for … Read more
Monthly Depth Report – March 2024 – The “Store of Value” Debate
With inflation continuing to erode the purchasing power of the dollar and both gold and Bitcoin hitting all-time highs this month, there’s been increasing interest in the concept of what constitutes a store of value. Michael Gayed has asserted that a store of value can’t have tail risk. That means if an asset can have … Read more