SOLS Solstice Advanced Materials Inc

$SOLS Activist group Starboard has built a stake in SOLS as they see the stock significantly undervalued. Starboard has a pretty good track record in activist roles pressing the targeted companies to take actions in order to lift its stock price. SOLS is a very good bet at this discounted price. Good opportunity for retail to follow Starboard by building a position here.

$SOLS Starboard's Jeff Smith unveiled a new stake Tuesday and called the stock "stupid cheap." The fund is now a top-10 holder, with a stake worth several hundred million dollars, per FT and Reuters. The ask is pretty specific: focus on refrigerants and nuclear, and cut about 100 million dollars in overhead. Shares are still down roughly 30% since the June 30 high, after the 14.5 billion dollar Element Solutions deal was scrapped in August. Nuclear revenue rose 27% in Q2 to 125 million dollars.

Activist hedge fund Starboard Value, which manages approximately $8.2 billion in assets, has built a stake in Solstice Advanced Materials large enough to rank among its 10 biggest shareholders. Starboard is urging management to cut about $100 million in general corporate expenses and focus resources on its core refrigerants and nuclear-energy services businesses. The activist’s involvement follows Solstice’s failed $14.5 billion merger with Element Solutions, canceled in late August after shareholders rejected the deal’s pricing. Starboard believes the standalone company is significantly undervalued and sees particular upside in its nuclear business, which supplies a key chemical used in uranium enrichment. The segment could benefit from rising electricity demand driven by AI data centers and the U.S. government’s 2028 deadline to phase out Russian enriched-uranium imports. $SOLS $SPX

$SOLS let’s see how it holds up in this correction. So far, $SOLS had been stellar. Hope it continues. Good day to all.

$SOLS I don’t know if it’s charade, it’s just traded on very low volume. This could close at 61 for all we know. Good business that’s for sure.

$SOLS even w a boring bullish actvist being interviewed on CNBC this stock get zero attention here 😂