--- title: "The Market's Junk Drawer: What to Buy and What to Trash" type: "News" locale: "en" url: "https://longbridge.com/en/news/294797823.md" description: "An unclassified mix of 10 disparate stocks reveals hidden gems like Amazon's massive bid for Globalstar and Meta's smart glasses struggles. Here is the brutal truth on which actually matter." datetime: "2026-08-04T09:28:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294797823.md) - [en](https://longbridge.com/en/news/294797823.md) - [zh-HK](https://longbridge.com/zh-HK/news/294797823.md) generator: "portal-rs" --- # The Market's Junk Drawer: What to Buy and What to Trash This is a completely random grab bag of leftover equities — an "island of misfit toys" that algorithms couldn't classify. I have seen this script play out too many times. The plot is always the same: ignored by the market, liquidity drying up, and waiting for a buyout or a delisting. Is this time any different? Let's take a hard look at what is actually driving 2026. Let's start with the biggest shocker: **Globalstar (GSAT.US)**. The stock has been surging recently on reports of a massive **USD 11.6B** acquisition offer from Amazon. We all knew Jeff needed a real answer to SpaceX's Starlink, and buying Globalstar's satellite network is a multi-billion dollar shortcut. This is classic Big Tech gobbling up infrastructure. Regulators want to stop this one? Good luck with that. Then there is **EssilorLuxottica (ESLOY.US)**. I've said it before: AR glasses are the inevitable future, but the transition is messy. They partnered with Mark to make Meta's smart glasses actually wearable, yet their core sales growth is slowing down. Q4 2025 revenue grew 11%, reaching **EUR 921M** in net income, but investors are spooked by the tech pivot. Newsflash: Mark Zuckerberg needs them far more than they need him. What about **International Flavors & Fragrances (IFF.US)**? They finally decided to dump their food ingredients business to CVC for **USD 4.3B**. This is stupid and here's why it took so long: why aren't you moving faster? Trimming the fat to focus on high-margin segments is exactly what a company with **USD 10.89B** in 2025 net sales should be doing to survive. Over in shipping, **Matson (MATX.US)** is boringly lucrative. Riding a massive wave of China freight demand, they pulled in **USD 969.4M** in Q2 2026, blowing past estimates with an EPS of **USD 4.27**. They are quietly printing cash while everyone else panics over supply chains. As for **Gaotu Techedu (GOTU.US)**, the Chinese AI education play is trying to stage a comeback. Q1 2026 net revenues jumped 13.2% to **RMB 1.69B**. They survived the brutal regulatory crackdowns and are buying back shares, but I remain deeply skeptical of any thesis relying on Beijing's shifting policy moods. The rest of this pile is mostly noise. **Ascent Solar Technologies (ASTI.US)** makes flexible solar blankets for space and just scraped together **USD 10M** in a private placement. It's a rounding error compared to real space tech funding. **VAALCO Energy (EGY.US)** is still pumping crude oil in Africa, sitting on a roughly **USD 560M** market cap and 43M barrels of reserves. It is a legacy fossil fuel play in a rapidly greening world. Meanwhile, Warren Buffett's darling **Mitsui & Co (MITSY.US)** keeps steadily chugging along, delivering solid double-digit returns over the past year. Boring, but highly profitable. And finally, we have **Corgi AMKR 2x Daily ETF (AMKX.US)** and **Xtrackers USD High Yield Corporate Bond ETF (HYLB.US)**. Why are we even talking about these in the same breath? If you are trading leveraged semiconductor derivatives, you aren't investing — you are gambling at a casino. Clean up your portfolio and stop wasting your time on these distractions. *This article does not constitute investment advice.* ### Related Stocks - [MITSY.US](https://longbridge.com/en/quote/MITSY.US.md) - [ASTI.US](https://longbridge.com/en/quote/ASTI.US.md) - [EGY.US](https://longbridge.com/en/quote/EGY.US.md) - [MATX.US](https://longbridge.com/en/quote/MATX.US.md) - [GSAT.US](https://longbridge.com/en/quote/GSAT.US.md) - [IFF.US](https://longbridge.com/en/quote/IFF.US.md) - [GOTU.US](https://longbridge.com/en/quote/GOTU.US.md) - [ESLOY.US](https://longbridge.com/en/quote/ESLOY.US.md) ## Related News & Research - [Globalstar Director Sold Shares Worth Over $1.6M](https://longbridge.com/en/news/296831434.md) - [Globalstar director Benjamin G. Wolff reports disposal of 19,998 common shares worth $1.64 million](https://longbridge.com/en/news/296831094.md) - [Globalstar, Inc. (NASDAQ:GSAT) Receives Average Recommendation of "Hold" from Analysts](https://longbridge.com/en/news/296801309.md) - [Mitsubishi UFJ Asset Management Co. Ltd. Invests $70.13 Million in International Flavors & Fragrances Inc. $IFF](https://longbridge.com/en/news/296465268.md) - [Matson EVP Vicente S. Angoco disposes of 2,293 shares worth $509,086.63](https://longbridge.com/en/news/296832132.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**