The North Star InvestCast

The North Star InvestCast aims to guide investors on actionable insights in the securities markets. Hosted by Eric Kuby, Chief Investment Officer of North Star Investment Management Corp.

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Episodes

Small Cap Bootcamp™- Real Returns in Real Estate

This episode thoroughly analyzes the small-cap real estate sector, REITs in particular, during periods of rising inflation and interest rates. Eric Kuby, CIO of North Star, is joined by Sr. Analyst Jim Lane and Analyst Brooke Kuby to discuss. Their research uncovers the merits of Equity REITs with short duration leases, as well as companies with higher PP&E to enterprise value ratios. Given the uncertain economic environment and recent turbulence in the global economy, this may be a timely s...

Jan 17, 2023•32 min

Small Cap Bootcamp™- Simplifying the Healthcare Maze

This episode breaks down how North Star analyzes healthcare companies. Everyone routinely experiences health care through dental, medical, or mental health care services, thus classifying this as an extremely relatable industry. However, healthcare stock valuations can be challenging for value investors. Such investors are likely to invest in out-of-favor, but well-capitalized yet under-earning businesses. To avoid value traps, it is crucial to study the various subindustries, differentiated bus...

Sep 30, 2022•29 min

Small Cap Bootcamp™ - Meddling in Metals

The small-cap basic materials sector, although few in number of publicly traded companies, has exhibited solid historical performance and is well-positioned to participate in both the growing global economy and benefit from use in necessary technological advances. Bottom-up analysis will be necessary given the cyclicality of many materials companies, as well as due to the tendency of high-demand materials industries to quickly be overcapitalized which can rapidly reduce margins and returns to in...

Aug 19, 2022•14 min

Small Cap Bootcamp™ - Utilities, Energy and Inflation

Inflation Mitigation...Utilities Outshine Energy After generating data going back 20 years, interesting themes emerged. As clean energy becomes more prominent for both generators and providers, the lines become blurred between Small Cap Utilities and Small Cap Energy sectors. Unlike large-caps, historically, small-cap utilities fared quite well during rising interest rate periods. Lastly, unlike large-caps, historically, small-cap energy stocks too fared well during rising interest rate periods,...

May 27, 2022•20 min

Small Cap Bootcamp™ - Industrials Sector

Hidden in Plain Sight ESG-Positive Opportunities Within Small-Cap Industrials Investors have been willing to pay aspirational valuations for companies that participate in the #ESG mega-trend. Hiding in plain sight are many small-cap Industrial companies that are trading at "bargain" prices and could be major players in the shifting ESG landscape. Eric Kuby, Chief Investment Officer, is joined by Brooke Kuby, Analyst, to discuss. The next episode in the Small Cap Bootcamp™ will be evaluating the ...

Jan 28, 2022•13 min

Small Cap Bootcamp™ - Consumer Discretionary Sector

Perception vs. Reality - Why Interest Rate Concerns Frequently Drive Unnecessary Rotations Among Equity Market Capitalization Categories There is a common misperception that small and micro-cap stocks are adversely affected by rising yields. Looking back at data over the last 30 years may prove otherwise. Once again small and micro-cap stock prices are trending higher and as such Eric Kuby (Chief Investment Officer) is joined by Brooke Kuby (Analyst) to discuss the micro and macro attributes of ...

Nov 12, 2021•16 min

Small Cap Bootcamp™ - Financial Sector

There is a common misperception that small and micro cap stocks are adversely affected by rising yields. Looking back at data over the last 30 years may prove otherwise. Once again small and micro cap stock prices are trending higher and as such Eric Kuby (Chief Investment Officer) is joined by Brooke Kuby (Analyst) to discuss the micro and macro attributes of companies in this asset class and how they may fair during another period of rising yields. The second half of the episode, Eric and Broo...

Apr 08, 2021•20 min