Catalyst Watch #8
34 Actionable Event-Driven Setups + Next Write-Up Preview
I first pitched CURI in January, followed by a four-page write-up a few weeks later. Since then, the stock has more than doubled. However, the next write-up, scheduled for this or next week, is not projected to be my new multibagger. I’m absolutely sure it will be. It’s been a while since so many of the most demanding checkboxes have been ticked, and now, we have them all.
While I can’t share too much yet, this company is one of the fastest-growing in North America, on track for substantial fundamental acceleration starting this year and certainly next. It’s just turned profitable, having a clean balance sheet, a tight share structure, self-funded operations, an active buyback program, no sell-side coverage, and strong visibility into its growth trajectory. All at just ~2x FY26 EPS. Stay tuned!
Scroll down to continue reading this week’s most actionable corporate events, along with quick pitches on previously flagged setups, available in HTML format. For all past setups and pitches, please refer to the PDF file at the end.
This Week’s Most Actionable Corporate Events
Alta Equipment Group Inc. (ALTG) | Trading Companies & Distributors | $4.58 | $152.0mm
Divestiture: Sold substantially all of its non-core aerial fleet rental equipment business in the Chicagoland market for $18mm, citing misalignment with its strategic priorities in Illinois. Proceeds from the divestiture will be used to reduce outstanding debt. Additionally, due to the disconnect between the current stock price and management’s view of the company’s intrinsic value, the quarterly dividend has been indefinitely suspended. The ~$8mm in annual dividend savings will be reallocated to an expanded $30mm share repurchase program, up $10mm from the prior authorization.
Amesite Inc. (AMST) | Education Services | $2.46 | $9.8mm
Product Launch: Launched a higher-priced enterprise tier of its flagship app, NurseMagic, in response to strong customer demand for greater capacity and advanced analytics. Businesses that had fully integrated NurseMagic into their workflows showed a strong willingness to pay for increased usage at a premium price point. The company expects to repeatedly close larger, more valuable deals as adoption expands, noting a significant uptick in enterprise clients deploying NurseMagic across both clinical and non-clinical teams.
Beam Global (BEEM) | Semiconductors | $1.77 | $27.4mm
New Orders: Announced a broad range of new orders for its EV ARC off-grid solar-powered charging units, despite a reduction in federal demand. This 23% qoq increase in orders aligns closely with the growth rate of electric vehicle sales in the U.S., following the company’s strategic shift toward commercial customers after the recent election, even though it continued to receive orders from federal entities. The company expects this growth to persist throughout the year on a global scale.
Burnham Holdings, Inc. (BURC.A) | Building Products | $20.60 | $84.5mm
Divestiture: Announced its decision to divest substantially all assets of its Thermo Pride (TP) and Norwood Manufacturing (NMI) business subsidiaries in exchange for an all-cash consideration of $27.6mm. This strategic move, along with the previously announced wind down of manufacturing operations at Crown Boiler in Philadelphia, is part of the company's commitment to focus on its core boiler operations.
Babcock & Wilcox Enterprises, Inc. (BW) | Heavy Electrical Equipment | $0.50 | $49.0mm
Asset Sales: Sold the majority of the assets of its Denmark-based Babcock & Wilcox A/S subsidiary to Kanadevia Inova for $20mm, with a portion of the proceeds allocated to the deployment of its BrightLoop hydrogen production and carbon capture facility in Massillon, Ohio. The companies also signed an MOU to explore potential cooperation on the development of BrightLoop projects using waste and biomass as feedstocks. This sale aligns with the company's previously announced plan to divest certain assets, with the proceeds directed toward debt reduction and funding working capital needs.
Cemtrex, Inc. (CETX) | Electronic Components | $1.56 | $2.8mm
New Order: Secured a significant new order valued at ~$1mm from one of Saudi Arabia’s leading media and broadcasting entities, marking the company’s first major deployment of its NEXT Modular Sensor System in the Gulf region. The systems are set for deployment this quarter, supporting critical broadcast infrastructure across multiple locations, with the client indicating potential for future orders tied to ongoing infrastructure upgrades.
Cosmos Health Inc. (COSM) | Pharmaceuticals | $0.42 | $11.4mm
New Order: Received an additional purchase order for 80k units from Pharmalink for its Sky Premium Life products in the UAE. This latest order follows the successful sellout of the initial 130k-unit purchase, supporting its goal of surpassing 3mm units in cumulative orders over the first five years.
CuriosityStream Inc. (CURI) | Movies & Entertainment | $4.99 | $287.6mm
Dividend Increase: Doubled its regular quarterly dividend, which was first paid in April 2024, and declared an additional special one-time cash dividend of $0.10 per share, reflecting the strength of its financial position. The company’s dividend policy has increased from an initial annual dividend of $0.10 per share to the current annual rate of $0.32 per share. Over the past two years, the company has achieved consecutive improvements in adjusted free cash flow, while reporting positive net income and EBITDA in 1Q25.