Quick Read – EXE crashed 19% YTD despite net income surging 565%, leaving Marks’ top holding at just 7x earnings against a $125 analyst target. – AU has pulled back 21% since Marks’ filing despite a record $585M dividend and 69% gold price gains, making the drawdown a potential…
try. – INDV trades at 13x forward earnings with zero analyst sell ratings, backed by a drug commanding just 8.5% of its addressable market. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Expand Energy didn’t make the cut. Grab the names FREE today
Howard Marks hunts dislocation. His latest Oaktree 13F reveals five common-stock equity positions that look nothing like a bull-market portfolio: a leveraged turbo maker, the largest US gas producer bleeding YTD, a gold miner that just gave back a fifth of its price in three months, a tanker riding a geopolitical spike, and a specialty pharma with negative book value. Every one of these has moved sharply since the filing date.
That’s the setup. Below, whether each is still a buy at today’s prices. 1. Garrett Motion (The Surprise Pick) Garrett Motion (NASDAQ:GTX) is the position hiding in plain sight.