u/No-Temporary-8222

The author argues BellRing Brands, owner of Premier Protein and Dymatize, is down almost 70% over the past year because margins fell and costs rose, but the market now assumes margins stay permanently depressed and growth slows a lot. If margins recover even part of the way over the next couple of years and growth stays decent, the upside could be meaningful, while downside from here seems more limited than a year ago. The author cites real challenges including competition, higher protein costs, advertising spend, and heavy exposure to the club channel. The catalyst is a partial margin recovery over the next couple of years, tied to the protein/convenience nutrition trend.

The author argues Acorn Energy's strategic partnership expands its monitoring platform into data centers, utilities, and telecom, lowering platform risk and adding recurring/SaaS-style revenue. The market is repricing long-term risk and optionality rather than next-quarter results. The author now sees fair value around $24-25 if execution follows, up from $18-20, with meaningful revenue impact coming later; risks include microcap lumpy quarters and low liquidity.