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Nat Stewart - Stock Picking Newsletter
Everything we have picked from this writer, newest first.
balance-sheet Micro-Cap Turnaround
A founder-controlled micro-cap combines a depressed valuation, fortress balance sheet and claimed 150% upside potential.
Nat Stewart - Stock Picking Newsletter
asset-sales Left for dead micro-cap with asset sale catalyst
A micro-cap trades at a small fraction of NAV as its controlling shareholder faces pressure to deleverage through asset sales.
Nat Stewart - Stock Picking Newsletter
growth The next AppLovin?
A still-hidden growth company is framed as a potential successor to AppLovin.
Nat Stewart - Stock Picking Newsletter
analysis Buy In May - Updates
RAVE, LWAY and DSGR are the focus of two quick takes, followed by a new feature idea.
Nat Stewart - Stock Picking Newsletter
activism Dumpster Diving Again
A beaten-down company combines solid asset value, heavy insider buying, activist involvement and an equity recap with aligned incentives.
Nat Stewart - Stock Picking Newsletter
aerospace Updates
Updates cover FGPR, CHCI, DOUG, THRY and ISSC, alongside aerospace and defense commentary.
Nat Stewart - Stock Picking Newsletter
corporate actions Small Cap Special Situation
A small-cap special situation returns most cash within roughly two months, leaving a stub position that could double.
Nat Stewart - Stock Picking Newsletter
demographics GARP Reflexivity
Demographic tailwinds, tight supply and reflexive valuation dynamics can make a higher share price reduce a GARP stock’s effective cost of capital.
Nat Stewart - Stock Picking Newsletter
deal structure Micro-Cap Special Situation
A micro-cap deal structure uses downside protection to shape its risk-reward profile.
Nat Stewart - Stock Picking Newsletter
capital returns Left for dead e-commerce
A dominant e-commerce compounder plans to reinstate massive capital returns in 2026.
Nat Stewart - Stock Picking Newsletter
real-estate NLOP - I'm Buying Again
NLOP’s selloff after a weak KBR property sale has created a high-potential IRR entry point.
Nat Stewart - Stock Picking Newsletter
markets Early 2026 buys
Early 2026 buy ideas focus on familiar names at new entry points.
Nat Stewart - Stock Picking Newsletter
cyclical Quality business near a cyclical low
A quality business stands to benefit from extended Section 232 steel-derivative tariffs and a housing rebound.
Nat Stewart - Stock Picking Newsletter
beverages National Beverage Update
National Beverage’s rare share repurchase is framed as a buy signal, with 50% upside projected.
Nat Stewart - Stock Picking Newsletter
corporate governance Developing Situation
Shareholders publicly oppose a buyout proposal.
Nat Stewart - Stock Picking Newsletter
m&a The Priority Technology Situation
Priority Technology received an opportunistic buyout proposal, with its business better suited to remaining public absent a much higher offer.
Nat Stewart - Stock Picking Newsletter
companies November updates
TPB, DOUG and THRY feature in November company updates.
Nat Stewart - Stock Picking Newsletter
catalysts "Left for dead to launch pad" update
A major de-risking event has gone mostly unnoticed, setting up a potential turnaround.
Nat Stewart - Stock Picking Newsletter
microcaps Microcap review 2
RAVE and CHCI remain on a buy-the-dip list, with the investor retaining both microcap holdings.
Nat Stewart - Stock Picking Newsletter
microcaps Micro cap review 1
Lifeway Foods and Douglas Elliman receive updated reviews.
Nat Stewart - Stock Picking Newsletter