🦕 The Dinosaur

Issue 11

Old-Fashioned Stock-Picking for Modern Markets

April 15, 2026

From the Editor

PLEASE NOTE:

1. Any discussions or information shared in this conversation about stocks or potential trades are for informational purposes only and should not be construed as investment advice.
2. Before making investment decisions, individuals are responsible for their own research and consulting with a qualified financial advisor.
3. We, or our affiliates, may have positions in the stocks mentioned, potentially influencing our opinion.
4. You should not buy equities unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.

You see and hear pretty much what we see and hear so we will not delve too deeply into the sometimes head scratching Trump agenda. Suffice it to say, the “discernible tailwinds” we have previously referenced have become more defined and more forceful, and we expect them to persist for some time.

We have identified a number of compelling opportunities that meet our strict value criteria and stand to benefit from ongoing geopolitical tensions. Among these are Kennametal (KMT), Materion (MATR), Minerals Technologies (MTX), and Neo Performance Materials (NEO.TO)  

I also like the ultra-hot photonics and semi-conductor sectors on our terms. Rather than chasing momentum, we are focused on well-valued opportunities such as InTest (INTT), which continues to trade at a significant discount to competitors like Teradyne (TER).

I’d be remiss if I didn’t mention Precipio (PRPO) which is a quietly emerging leader in the detection and identification of blood cancers. The applications are unfortunately dear to my heart (both parents), but the position is based not on any emotion but on fairly obvious inflection points and results. The company is tiny but diagnoses illnesses more accurately and more quickly than far larger competitors. The balance sheet has been cleaned up and the company is generating cash. Nobody seems to know about it. The stock is currently at about $27. It’s risky but the belief here is that one year from now, it’s either $112 or $12. That’s a pretty good reward/risk!

In Closing

*The Dinosaur* doesn’t roar, it rumbles quietly, patiently, confidently. When the tide turns—as it always does—those who held to discipline, valuation, and patience will be well rewarded.

Until next time,

—The Editor