LongTDSOct 2026
Telephone and Data Systems, Inc.
TDS is shifting its telecom business from copper into fiber while holding an 82% interest in Array Digital, formerly U.S. Cellular. Array now focuses on cellular towers and has…
Middle Coast Investing
Value-oriented long-term equity management with opportunistic income securities and hedges.12 published ideas
Middle Coast Investing runs separately managed equity portfolios overseen by Daniel Shvartsman. The review emphasizes business fundamentals and valuations rather than short-term market narratives. It identifies company-specific opportunities in restructuring, data, health care, energy and financials.
Ideas from Middle Coast Investing
LongBKNGOct 2026
Booking Holdings Inc.
Booking holds valuable hotel supply relationships and broad search visibility. The investor believes AI agents may change the means of ranking and attracting customers, but not…
LongGTLBOct 2026
GitLab Inc.
GitLab has benefited from growing appreciation that AI development can boost demand for software development tools. The investor still recognizes the positive operating thesis…
LongTRSOct 2026
TriMas Corporation
TriMas is a packaging and gas-cylinder business whose balance sheet improved after disposing of its aerospace unit. The investor estimates its valuation at about 9.2 times 2026…
LongTDS.UOct 2026
Telephone and Data Systems, Inc. Series U Preferred Stock
Series U preferred provides a dividend yield above 8%, which is the main reason for the investment. A redemption to reduce interest costs could create an additional 23%-42%…
LongTDS.VOct 2026
Telephone and Data Systems, Inc. Series V Preferred Stock
Series V preferred is another income-oriented TDS position with a dividend above 8%. The investor identifies a potential 23%-42% return if TDS decides to redeem the preferred…
LongZTSOct 2026
Zoetis Inc.
Zoetis is a leading supplier of pharmaceuticals for pets and livestock, supported by a product pipeline and extensive history in animal health. Slowing growth and competition…
LongCFOct 2026
CF Industries Holdings, Inc.
CF Industries benefits from low-cost natural gas as it makes nitrogen fertilizers and ammonia. Disruptions around the Strait of Hormuz are constraining industry supply and create…
LongMBGLOct 2026
Mobility Global Inc.
Mobility Global owns CARFAX and related automotive-data businesses after spinning off from S&P Global. Management targets 7.5%-10% medium-term revenue growth and subsequent…
LongTRIPOct 2026
Tripadvisor, Inc.
Tripadvisor remains an investment because Viator appears to be a destination for travelers booking experiences. The sale of TheFork provides balance-sheet flexibility while…
LongFGOct 2026
F&G Annuities & Life, Inc.
F&G could benefit from higher rates stimulating demand for annuities, while the stated book value is well above the market price. A better-aligned strategic owner could also…
LongSCHWOct 2026
The Charles Schwab Corporation
The investor believes Schwab has defensive advantages against AI disruption in its large asset base, regulatory approvals and credibility. These attributes could preserve the…
Letters covered
- Q3 2026 Portfolio Review: A Narrowing of ThemesOctober 12, 2026
Source PDFs are not republished here; only extracted ideas and quotes.