Jonesy

DoR @hedgeye Ex-owner @arizonacoyotes Former legend @Yalemhockey Partner @seven7llc Agent Provacatuer of #FinTwit Not investment advice.

[Jonesy @HedgeyeDJ]

@HedgeyeTech has some proprietary models on this

[Julian Klymochko @JulianKlymochko]

Interesting correlation between hyperscalers' stock prices and LLM token prices

[Jonesy @HedgeyeDJ]

Buds @RyanMcCullough8 can sing, but he’s never out drank Jonesy buds

[Keith McCullough @KeithMcCullough]

I cannot sing like my brother @RyanMcCullough8 !

[Hedgeye @Hedgeye]

🇺🇸 The wealthiest 0.00001% of Americans now hold a record 12% of U.S. national income

[Jonesy @HedgeyeDJ]

Red Sea disruptions coming at in inopportune time for global ship availability … Long $GSL

[Jonesy @HedgeyeDJ]

Today at 2pm, @hedgeye is launching on its second small cap idea: $GSL

Email [email protected] for access. Standard rates apply.

3x EBITDA, basically zero net debt, cash flow completely contracted for 2026, 6% dividend yield, and likely to generate north of ~$240MM in FCF this year.

And, most importantly, Bullish on our risk range model.

You can chase the profitless AI names, or you can invest in the real world economy.

All aboard, $GSL!

[Andrew Freedman, CFA 🦅 @HedgeyeComm]

$META to $1,200+

Call next week!

[Jonesy @HedgeyeDJ]

300+ right down the middle

[Matt Cooper @HedgeyeFins]

And we’re off…

[Jonesy @HedgeyeDJ]

A battle for the ages : Mucker @KeithMcCullough and Bruno versus @HedgeyeRestos and @HedgeyeFins

[Keith McCullough @KeithMcCullough]

Because understanding market structure means understanding The Flows... and The Flows don't care about your valuation model, your price target, or your quarterly letter. Most professionals built their careers on tools that market structure has already made obsolete @profplum99

[Keith McCullough @KeithMcCullough]

BREADTH

74% of stocks were up an avg of +2.4% yesterday

They're just not the stocks that your CNBC home gamers and Momentum Monkeys own

[Jonesy @HedgeyeDJ]

Creative guys.

[Keith McCullough @KeithMcCullough]

Small Cap Best Ideas @Hedgeye = New Creative Quantamental product brought to you by Jonesy Buds & Mucker

[Jonesy @HedgeyeDJ]

$DRAM

[Jonesy @HedgeyeDJ]

A big reason that @KeithMcCullough and I like $GSL as one our Best Ideas in small cap is they are very savvy allocators of capital. Example below . . . buying new ships but backing that purchase with $625MM in in contracted EBITDA.

[Value Investor's Edge @Shipping_VIE]

$GSL announces a 10 vessel newbuild order, with charters contracted for expected AEBITDA of $665M

[Emily @putnamhornstein]

“That some children require foster care is so obvious it should need no defense. And yet, here we are.” https://t.co/sazDUDN6OI

[Jonesy @HedgeyeDJ]

New @hedgeye Small Cap best idea added today

[Value Investor's Edge @Shipping_VIE]

$GSL announces a 10 vessel newbuild order, with charters contracted for expected AEBITDA of $665M

[Jonesy @HedgeyeDJ]

NEW BEST IDEA LONG: Global Ship Lease (GSL) 🚢📈

Next Wednesday y at 2:00 PM ET we're walking through why Global Ship Lease (NYSE: GSL) is our latest Best Idea Long — a small-cap containership lessor, trading near scrap value with ~2x upside to our DCF. Email [email protected] for access, standard rates apply.

GSL owns 71 mid-size and post-Panamax containerships (~423K TEU) and charters them to the world's largest liners — Maersk, Hapag-Lloyd, CMA CGM, MSC — under fixed-rate, multi-year contracts.

We think the market is mispricing a cash-flow fortress:

~$1.5B market cap, net debt cut from ~$650M to roughly zero

~$2B of firm contracted revenue — 100% of 2026 revenue days already booked

High-margin, FCF-generative, and paying a ~6% dividend plus buybacks

Trading under 3x forward EBITDA — our work pegs fair value at 40%+ upside.

Core parts of the thesis we'll hit on the call:

Contracted revenue + blue-chip charterers = rare earnings visibility

Balance sheet transformed to net cash, with a sub-$10k/day break-even

The 2028 re-charter catalyst: ~32% of fleet TEU rolls to open market at rates well above legacy contracts

Relentless return of capital — dividend + buybacks funded entirely by contracted cash flow

Mispriced quality: priced at asset value while the cash-flow and re-charter upside is free

If you traffic in small-cap alpha and like off-the-run, high-quality cash generators trading at liquidation value with real optionality, this should be on your screen.

[Evan Tindell @evantindell]

For those interested in Japanese stocks, you should check out my friend @kjnkjp's site https://t.co/c6bi1jrglr.

It looks at a particular type of Japanese company:

1) Cheap on EV/EBIT
2) Quality -- based on Return on Capital Employed (ie, excluding fallow cash)
3) Price to Book can be anything (he ignores it)
4) Has a Moat, often something unique to Japan

He then considers the possibility of activist involvement and IR improvements.

Super interesting and I really like the way he does the company profiles.

[Oracle @OracleNYSE]

$ITRN Hedgeye New Best idea, calls for 30-50% upside

"Best Idea Long — a small-cap telematics / connected-car name we think is hiding in plain sight with 30–50% upside"

Hedgeye

[Jonesy @HedgeyeDJ]

🚀 $SPCX — SpaceX, one month post-IPO

$SPCX debuted June 12 as the largest IPO ever and briefly hit a ~$2.95T market cap on June 16.

Today it's worth ~$1.82T.

That's roughly $1.1 TRILLION in market value gone in under a month — more than the entire market cap of most companies on earth.

If the company breaks the IPO price there may only be, wait for it, space below.

@DougKass

[Keith McCullough @KeithMcCullough]

CJR @CJRHockey 2013 Girls Win 🥇 The War of The Roses 🌹! @the_roseseries

https://t.co/6cgwA1UwPy