Trump’s Tariff Boosts Steel Stocks, $CRL Investment Case, $AUR Driverless Truck Launch, and More
Welcome back to the BBAE Blog, your trusted source for the latest investment insights and analyses from the BBAE team. This week, we’re excited to share some highlights that will keep you informed and ahead of the market. Don’t forget, some of our most valuable insights are available exclusively in the BBAE Pro app—download it now to unlock full access!
- Trump’s Tariff Hike Boosts U.S. Steel and Aluminum Stocks
- Kimbal Musk Reduces $TSLA Stake, Sells $27.6M in Shares
- Upslope Capital: Charles River Labs ($CRL) Investment Case
- Trending Tickers: $AUR’s Driverless Truck Launch, $INTC’s TSMC Speculation, $KRMN’s IPO Surge
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Trump’s Tariff Hike Boosts U.S. Steel and Aluminum Stocks
On February 10, 2025, President Donald Trump announced a significant tariff hike on steel and aluminum imports, raising the tariffs to 25% with no exemptions, effective March 4, 2025. This move is expected to benefit U.S. producers by increasing demand for domestically manufactured metals, as foreign imports become more expensive. Steel and aluminum stocks surged following the announcement, with companies like Nucor Corporation and Cleveland-Cliffs Inc. seeing notable increases. In the aluminum sector, Century Aluminum Corporation led the charge, with its stock climbing over 10%. The tariffs are set to impact industries reliant on these materials, including automotive, aerospace, and manufacturing, potentially leading to higher costs as companies shift to domestic suppliers. Read the full article here.
Kimbal Musk Reduces $TSLA Stake, Sells $27.6M in Shares
Tesla board member Kimbal Musk, brother of CEO Elon Musk, has sold 75,000 shares of Tesla stock (TSLA) at an average price of $367.88 per share, totaling $27.6 million. This sale represents a 4.9% reduction in Kimbal’s Tesla holdings. According to InsiderEdge data, this transaction stands out as notably larger than his typical stock sales. It ranks as his second-largest sale ever, significantly exceeding his median sale size of $1.15 million across 35 total transactions. For more insider trading analysis like this, check out the daily InsiderEdge reports available in the BBAE app.
Upslope Capital: Charles River Labs ($CRL) Investment Case
Upslope Capital’s Q4 2024 investor letter introduces Charles River Labs ($CRL) as a new investment, presenting it as a cyclical compounder currently trading at an attractive valuation despite recent market headwinds. The pharmaceutical services company, which has been involved in ~80% of all drug approvals over the past five years, is viewed as approaching a cyclical trough after experiencing post-COVID challenges. Despite trading at similar levels to five years ago, CRL has grown its revenue and free cash flow significantly, while Upslope believes its current valuation at 12x NTM EBITDA presents an attractive entry point given the company’s strong competitive position, improved balance sheet, and potential catalysts including drug manufacturing reshoring and AI-driven productivity improvements. Read the full article here.
Trending Tickers: $AUR’s Driverless Truck Launch, $INTC’s TSMC Speculation, $KRMN’s IPO Surge
This week, notable developments drew attention to several stocks. Here’s a breakdown:
- Aurora Innovation ($AUR): Aurora announced plans to launch driverless trucks commercially in April 2025, starting with a Dallas-to-Houston route. The company highlighted progress in its technical readiness and its partnerships within the autonomous trucking industry. The stock rose 46% following the news.
- Intel ($INTC): Intel’s stock increased amid speculation about a potential partnership with Taiwan Semiconductor Manufacturing Company (TSMC) and the company’s growing role in AI chip production in the U.S. The stock moved from $19.10 to $24.13 over the course of the week.
- Karman Holdings ($KRMN): Karman completed its IPO, raising $506 million and valuing the company at nearly $3 billion. The stock opened at $30, 36.4% above its offering price of $22, and closed with a 36.6% gain, indicating strong investor interest in the company’s sector.
Read the full Weekly Highlights article here.
This article is for informational purposes only and is neither investment advice nor a solicitation to buy or sell securities. All investment involves inherent risks, including the total loss of principal, and past performance is not a guarantee of future results. Always conduct thorough research or consult with a financial expert before making any investment decisions. BBAE has no position in any investment mentioned.
