Author: Alessandro Patrizi

Our Equity Research team has just released its first thematic report for the semester. This semester we have focused our attention on the semiconductor industry. The objective of this report is to provide a contextual framework for the upcoming equity valuations which will encompass an analysis...

Global Outlook - March 2024 is out! The first section of the report continues to provide a comprehensive analysis of macroeconomic trends, geopolitical evolutions, and recent developments that are currently influencing market dynamics. Following this, the second section offers a detailed examination of various asset categories. It...

We are proud to present the report from our Quantitative Research division! During this semester the Quantitative Research team explored coherent risk measures and their mathematical properties. In this report they focus on the Conditional VaR and outline a practical framework for its estimation, that is...

Our Equity Research team has just released its fourth analysis for this semester! The company analyzed in our equity research report is Trimble, which is a leading American technology solutions provider for office and mobile professionals in more than 125 countries. The company offers the integration...

Global Outlook - December 2023 edition has arrived! Our latest report from the Investment Research division is structured in two distinct sections. The first section delivers an in-depth analysis of the global markets, covering macroeconomic trends, geopolitical events, and recent developments that are shaping market dynamics. In...

Our first Macro report of the semester is now available! The surge in inflation and the emergence of new geopolitical realities are introducing additional uncertainty into global scenarios. How do these shocks affect macroeconomic trends, and how do they influence policies implemented around the world? In...

Our Equity Research team has just released its third analysis for this semester! The company analyzed in our equity research report is AGCO, which is a leading global manufacturer and distributor of agricultural equipment and related replacement parts. Read our report to find out more about...

Deere & Company, also known under the brand John Deere (headquartered in Moline, Illinois, USA), is a globally recognized powerhouse in the agricultural, construction, and forestry machinery sectors. The company is the market leader in the agricultural and forestry machinery sectors, with relevant shares in...

Our Equity Research team has just released its first thematic report for the semester, realized in collaboration with JEME Bocconi Studenti. #PrecisionAgriculture is a modern farming approach that uses technology like GPS, sensors, and big data analysis to optimize production. It fine-tunes many farming practices, reducing waste and...

Allego N.V. operates as an electric vehicle (EV) charging company. The enterprise offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. In 2018 Allego...

ChargePoint Holdings Inc. operates as an electric vehicle charging network provider. It designs, develops and markets networked electric vehicle charging system infrastructure and its Cloud Services enable consumers the ability to locate, reserve, authenticate and transact electric vehicle charging sessions. The company was founded in...

Tesla Inc., based in Austin, Texas, designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, also offering ancillary services. The company generally sells its products directly to customers and continues to grow its customer-facing infrastructure through a global...

The Investment Research Division responsible of monitoring relevant market trends in order to periodically update the associa:on’s view and recommend the op:mal exposure to the main asset classes across different geographies. Each of these exposures is discussed with and approved by the whole Investment Research...

Palo Alto Networks, Inc. is a global cybersecurity provider. The Company enables enterprises, service providers, and government entities to secure all users, applications, data, networks, clouds and devices with visibility and context, continuously across all locations. It delivers cybersecurity products covering a range of use...

This article is an analysis of the Kinder Morgan Stock in which we present both a buy-side and sell-side perspective. Kinder Morgan is a leading North American energy infrastructure company that mainly operates in the midstream segment. The article includes a company overview, a financial...

STMicroelectronics N.V. (referred also as St or StMicro) is a Dutch multinational corporation and technology firm operating in the Semiconductors industry. It was founded in 1987 as the result of the merger of two government-owned semiconductor companies: Italian SGS Microelettronica and French Thomson Semiconducteurs. The...

Lockheed Martin Corporation is an American aerospace and defense firm. The company is the largest defense contractor in the world, with over half of its annual sales being to the US Department of Defense. Lockheed Martin operates within four business segments: Aeronautics, Missiles and Fire...

Leggett & Platt, Inc. engages in the manufacture and distribution of furniture, engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding, Flooring, Furniture & Textile, and Specialized Products. The company was founded by J. P. Leggett...

Danone SA is a France-based food and beverage company with an international presence. The company operates through three business units: Essential Dairy and Plant-Based Products (EDP), Waters, and Specialized Nutrition.   ...

The Russia-Ukraine Crisis has been disrupting the world economy over the past three months. Minerva's Macro Research team investigated the matter thoroughly, trying to identify its causes, the European reactions to the war and the likely economic consequences.        ...

Royal Caribbean Cruises Ltd, is an American-based cruise holding company that owns and operates three global cruise vacation brands, including Royal Caribbean International, Celebrity Cruises and Silversea Cruises. It also owns joint venture interest in the TUI Cruises and Hapag-Lloyd Cruises. The company offers a...

The equity research division is delighted to present Alibaba Group, one of the fastest growing e-commerce companies in the world. It became one of the most valuable tech companies on the planet after raising $25 billion from its U.S. IPO, the second largest in history....

The equity research division is delighted to present Monster Beverage Corporation, a marketer and distributor of energy drinks and alternative beverages. Certainly, the aggregate-economy, hence the industry, slowdown imposes numerous challenges on the Company. As per our assumption, the pandemic will beget structural change in the...

COVID-19 outbreak paved the way for a big wave of uncertainty worldwide. Stock market volatility and plummeting business expectations are just two of its many markers. Here, we focus on a wide set of alternative indexes, ranging from newspaper-based measures to the most recent surveys, aimed...

The US-China trade war has been a series of ups and downs, retaliations and threats for both parties involved. What started in early 2018 as a tariff on steel imports has now turned into something much bigger, and its impacts have been felt worldwide. From...

Have you ever heard about CoCos? Let’s take a look on how Contingent Convertible bonds work, what are the triggers in their use, the main risks to which they are exposed and their recent development in the markets, which makes them an attractive instrument for banks...

Do hedge funds accomplish their mission or not? In the first place, we explain what a hedge fund is and the story of the first hedge fund. Then, we analyse the current situation of the industry and how it has changed since the inception of the...