Osmose Welcomes New CFO Harsha Tank to Executive Leadership Team
ATLANTA — Osmose Utilities Services, Inc. ('Osmose'), a global industry-leading asset management solutions company for electric utilities, telecommunications providers, and renewable energy generators, is pleased to appoint Harsha Tank as Chief Financial Officer. Harsha succeeds Jeff Cagle, who recently announced his retirement as Osmose's CFO.
Article content
Harsha brings over 20 years of experience driving strategic, transformative growth, operational excellence, and financial performance across global organizations. She has a diverse portfolio of industry experience, including legal services, food and facilities management, software, semiconductor manufacturing, and oil & gas transportation, bringing a wealth of perspective and leadership to Osmose.
Article content
Article content
Prior to joining Osmose, Harsha served as CFO at Veritext Legal Solutions, a leader in litigation support services. She also spent over a decade at Sodexo, a global leader in quality-of-life-services, in senior financial roles, including Regional CFO positions supporting healthcare and Fortune 100 clients, and later as CFO of Sodexo's Global Supply Chain function. Earlier in her career, she held key financial leadership roles at Intralinks, Inc. (NYSE: IL), Open Solutions (Fiserv), Jazz Technologies, and Pacific Energy Partners (NYSE; PPX). Harsha is also a Certified Public Accountant (CPA).
Article content
'We are thrilled to welcome Harsha to Osmose,' said Osmose CEO, Mike Adams. 'She brings a unique combination of financial discipline and strategic insight, and her strong services background will strengthen Osmose's mission to help utilities extend the life of their structural assets. I'd also like to thank Jeff for his contributions over the past three years and wish him all the best in his retirement. Jeff's legacy will be one of creating a more scalable financial ecosystem that I am sure Harsha will continue to build on.'
Article content
About Osmose Utilities Services, Inc.
Article content
Osmose Utilities Services, Inc. is a market-leading provider of critical resiliency, assessment, restoration, and contact voltage testing for electric transmission, distribution, renewable generators, and telecommunications companies in North America, Europe, and Australia. Headquartered in Atlanta, Georgia, the company employs more than 4,000 people. Osmose's multidisciplinary team of field technicians, professional engineers, scientists, product developers, and solutions delivery teams utilize their expertise to identify and mitigate risks to make utility infrastructure safer, longer-lasting, and more resilient, while lowering total costs of ownership. Osmose is a portfolio company of EQT Infrastructure. Learn more at https://www.osmose.com/.
Article content
Article content
Article content
Article content
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
26 minutes ago
- Globe and Mail
3 Reasons to Buy Realty Income Stock Like There's No Tomorrow
Key Points Realty Income offers an unusually generous but sustainable payout. It offers a strong, stable portfolio of revenue-generating properties. Realty Income is arguably more undervalued than most investors may assume. 10 stocks we like better than Realty Income › Realty Income (NYSE: O) may not look like a particularly attractive buy at first glance. The stock currently sells for approximately 30% below its peak in February 2020, meaning it never recovered from the pandemic challenges. Additionally, high interest rates appear to have deterred investors from purchasing the stock. Nonetheless, a closer inspection of the stock may actually signal opportunity instead of continued struggles. Investors may want to consider buying like there is no tomorrow for three key reasons. 1. Realty Income's dividend Realty Income is defined in large part by its dividend. Part of that is due to the fact that it is a real estate investment trust (REIT), which requires it to pay at least 90% of its net income to its shareholders in the form of dividends. It bills itself as "The Monthly Dividend Company," and it has paid a dividend every month since November 1994. That dividend has also increased at least once per year since then. Over the past 12 months, the company has approved five dividend increases. That amounted to a cumulative yearly rise of just 2.3%, increasing what was already a generous payout. The annual dividend of almost $3.23 per share amounts to a dividend yield of nearly 5.6%. To put that into context, the average S&P 500 dividend yield is just over 1.2%. Realty Income can probably afford this dividend. Over the trailing 12 months, the company reported funds from operations (FFO) income of $4.12 per share. With the company paying just over $3.15 per share in dividends during that time, it leaves cash for share repurchases or acquiring additional properties. 2. The company's property portfolio Realty Income's property portfolio also speaks to the company's stability, as it owns approximately 15,600 single-tenant properties. The REIT leases the properties under net lease arrangements, meaning the tenants cover the insurance, maintenance, and property taxes, providing the company with a more stable stream of revenue. Additionally, the company benefits from the fact that many companies prefer to lease their real estate, freeing up capital for other purposes. Such tenants include Walmart, Home Depot, and Tractor Supply, all of which have long-term track records of stability and profitability, ensuring that default rates remain low. The occupancy rate of these properties was 98.5% in the first quarter, meaning nearly all of its holdings generate revenue. This has prompted it to grow through acquisition, and in 2024, it added more than 2,000 properties to its portfolio by acquiring its peer, Spirit Realty. Moreover, in Q1, Realty Income purchased 50 properties and had an additional 71 under development, demonstrating its continued expansion. 3. The opportunity in Realty Income stock Realty Income is currently trading for approximately 30% below its all-time high reached in early 2020. Like most other stocks, it initially fell that year because of the pandemic. It rose after that brief sell-off until rising interest rates interrupted its recovery, and the latest efforts to recover have only come slowly. Indeed, higher interest costs seemed to have lowered its bottom line. Nonetheless, interest rates were not high enough to stop Realty Income from acquiring and developing properties, including the aforementioned Spirit Realty acquisition. Furthermore, Realty Income comes with a surprisingly low valuation. On the surface, the P/E ratio of 53 makes it look pricey. However, FFO income over the trailing 12 months was $4.12 per share, implying it sells at a price-to-FFO ratio of just 14. Between its low valuation and high dividend yield, the stock offers much to income and possibly growth investors as interest rates fall. Realty Income stock is a buy Despite long-term struggles, Realty Income may be a surprisingly lucrative buy. A continually rising dividend has translated into high income returns, even when factoring in the stock's struggles. Moreover, an extensive property portfolio with a low default rate makes the stock and its dividend very stable. Additionally, the stock appears attractively valued when measured by its FFO income. High interest rates have weighed on the company's financial and stock performances. Still, as such worries recede, investors can not only benefit from a generous dividend, but could also bolster returns with stock growth as more investors see Realty Income's value. Should you invest $1,000 in Realty Income right now? Before you buy stock in Realty Income, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Realty Income wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025
Globe and Mail
26 minutes ago
- Globe and Mail
Prediction: 3 Magnificent Stocks That'll Be Worth More Than Nvidia and Palantir by 2035
Key Points Nvidia and Palantir Technologies are the faces of the artificial intelligence (AI) revolution. Though Nvidia and Palantir have made their shareholders notably richer, both stocks are arguably in a bubble. Three phenomenal companies have the tools and intangibles needed to leapfrog today's hottest stocks over the coming 10 years. 10 stocks we like better than Nvidia › For the better part of the last three years, no trend has been hotter on Wall Street than the rise of artificial intelligence (AI). Giving software and systems the tools to make split-second decisions without human oversight is a game-changer for most industries around the globe. Though a long list of companies has benefited from the evolution of AI, none are the face of the movement quite like graphics processing unit (GPU) kingpin Nvidia (NASDAQ: NVDA) and AI-driven data-mining specialist Palantir Technologies (NASDAQ: PLTR). Nvidia has gained more than $3.8 trillion in market value since the start of 2023, while Palantir stock has surged by roughly 2,250% over the same span. Nvidia and Palantir may be in a bubble Nvidia's claim to fame is its Hopper and Blackwell GPUs, which account for the lion's share of GPUs currently deployed in AI-accelerated data centers. With AI-GPU scarcity persisting, Nvidia has enjoyed a sizable backlog for its hardware and has been able to consistently charge a triple-digit percentage premium for its GPUs, relative to its external competition. Meanwhile, Palantir has benefited from its two AI-fueled platforms, Gotham and Foundry, being irreplaceable at scale. Federal governments rely on Gotham to support military mission planning and execution, as well as data analytics. As for Foundry, it helps businesses make sense of their data and assists in streamlining their operations. Gotham has played the biggest role in sustaining Palantir's sales growth and pushing the company to recurring profitability. Despite this overwhelming success, there's a realistic chance that Nvidia and Palantir are both in a bubble. For starters, every next-big-thing innovation for more than three decades has endured an early innings bubble-bursting event. It takes time for all technologies to mature, and the vast majority of companies deploying AI solutions are nowhere close to having optimized them, as of yet. If an AI bubble forms and bursts, no two companies would arguably be hit harder than Nvidia and Palantir. Their valuations are, potentially, an even bigger concern. Whereas most industry leaders on the cutting-edge of a next-big-thing technology have topped out at price-to-sales (P/S) ratios of 30 to 40, Palantir is nearing a P/S ratio of almost 121! As for Nvidia, it's approaching a P/S ratio of 29, which is more than double the trailing-12-month P/S multiple of any of its "Magnificent Seven" peers. If history rhymes and the AI bubble bursts, other brand-name stocks will have an opportunity to leapfrog Nvidia ($4.18 trillion) and Palantir ($356 billion) in the valuation department by 2035. What follows are three magnificent stocks with valuations below both Nvidia and Palantir that can surpass them over the next 10 years. Alibaba Group: current market cap of $276 billion One of the more logical candidates to leapfrog Nvidia and Palantir is China-based e-commerce and AI juggernaut Alibaba Group (NYSE: BABA), which is only $80 billion away from Palantir's market cap but a good $3.9 trillion below Nvidia. Alibaba's foundational operating segment is its e-commerce marketplace. Based on a research report from DBS Treasures, Alibaba's Taobao and Tmall collectively accounted for an estimated 41% of China's gross merchandise value for online retail platforms in 2024. Even though online retail sales generate relatively low margins, China's burgeoning middle class sets Alibaba's e-commerce platforms up for sustained growth. What's even more intriguing than Alibaba's online retail sales potential is its cloud infrastructure service platforms and artificial intelligence ties. Alibaba Cloud was responsible for one-third of all cloud infrastructure service spending in mainland China during the quarter ended in March, according to Canalys. The incorporation of generative AI solutions has the potential to accelerate and/or sustain double-digit sales growth for this considerably higher-margin segment. Don't overlook Alibaba's pristine balance sheet, either. It closed out March with $59 billion in cash, cash equivalents, short-term investments, and equity securities, generating roughly $3.8 billion in net cash from its operating activities during the first three months of the year. Perhaps it's no surprise that Alibaba is supporting a healthy share repurchase program and is able to invest aggressively in an assortment of higher-growth and higher-margin innovations. PayPal Holdings: current market cap of $71 billion A second magnificent stock with all the tools and intangibles needed to surpass Nvidia's and Palantir's respective market caps over the next 10 years is fintech leader PayPal Holdings (NASDAQ: PYPL). PayPal certainly has the biggest climb, with a current market of "just" $71 billion. But keep in mind that my forecast implies a commensurate decline in the valuations of both Nvidia and Palantir by 2035. Based on estimates from research and consulting firm Roots Analysis, the global fintech addressable market is projected to grow from $222 billion in 2024 to north of $1.8 trillion by 2035. Though there's growing competition in digital payments, PayPal finds itself in pole position for this sizable global opportunity. While PayPal's active account growth has left a bit to be desired over the last two years, most of its key performance indicators (KPIs) have been marching in the right direction. Since the end of 2020, total payment volume transacted on PayPal's digital platforms has expanded from $936 billion to an annual run rate of $1.67 trillion, based on its quarter ending in March 2025. Meanwhile, the average number of payments completed by active accounts over the trailing-12-month period jumped from 40.9 to 59.4 during the same time frame. In other words, active accounts are substantially more engaged than they were a little over four years ago, which is a recipe for gross profit expansion over time. The icing on the cake for PayPal, beyond its opportunity to expand into underbanked emerging markets, is its hearty capital-return program. PayPal has reduced its outstanding share count by more than 20% over the last decade, which should have a demonstrably positive impact on its earnings per share (EPS). Intuitive Surgical: current market cap of $184 billion The third magnificent stock that has the potential to blow past Nvidia and Palantir by 2035 is robotic-assisted surgical systems developer Intuitive Surgical (NASDAQ: ISRG), which currently trails Palantir by about $172 billion and Nvidia by roughly $4 trillion. The beauty of most healthcare stocks is their highly defensive nature. No matter how well or poorly the U.S. economy and/or stock market are performing, people will still develop ailments and require prescription drugs, medical devices, and preventative services/surgeries. This leads to steady operating cash flow year after year for most healthcare businesses. On a more company-specific basis, Intuitive Surgical has a vice-like grip on the robotic-assisted surgical market share. The 367 da Vinci surgical systems placed during the first quarter pushed Intuitive Surgical beyond 10,000 system installations this century. While this might not sound like a huge number, the high cost of these systems, coupled with the time it takes to train surgeons to use the da Vinci surgical system, keeps buyers exceptionally loyal to the company. Furthermore, Intuitive Surgical's revenue breakdown has become more favorable from a margin standpoint over time. During the 2000s, most of its revenue originated from selling its high-priced but costly-to-build da Vinci surgical system. Now, a majority of its sales come from instruments and accessories for procedures and system servicing. These are high-margin sales channels that are allowing EPS to grow at a faster pace than revenue. The final puzzle piece is that its surgical systems are still just scratching the surface in terms of utility. Moving into thoracic, colorectal, and generalized soft tissue procedures opens new doors that can sustain a double-digit growth rate for perhaps the next 10 years, if not well beyond. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025
Globe and Mail
2 hours ago
- Globe and Mail
MP Materials Stock: Bull vs. Bear
Key Points The Department of Defense and Apple deals are great news, but what happens next? Trying to time the pullback in MP Materials stock is better left to the fortunetellers -- not smart investors. 10 stocks we like better than MP Materials › Skyrocketing more than 275% since the start of the year (as of this writing), shares of MP Materials (NYSE: MP) have benefited from strong investor interest in rare earth metals and magnets. But could the stock continue its exceptional performance throughout the remainder of the year and beyond? Let's see how two contributors tackle this question. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » It might be time to take some profits with this high-flying stock Lee Samaha: Shares in MP Materials have had a tremendous run in 2025, trading up more than 270% year to date at the time of this writing. The incredible increase is due to a fundamental reframing of the company's growth prospects in light of the Trump administration's determination to ensure a domestic supply of rare earth materials and magnets. It has culminated in a 10-year deal with the Department of Defense (DOD), explained in detail here. In addition, the company has signed an agreement with Apple that investors can look forward to. Still, as ever in investing, the question remains: With these events somewhat priced in, what happens next? The bulls will argue that more deals will be forthcoming now that the DOD's commitment has derisked MP Materials' planned investment in the magnetic manufacturing facility (called the 10X Facility) and the expansion of its rare earth capability. They may well be right. However, the flip side is that MP Materials now needs to execute on constructing facilities, which means incurring execution risk and securing $1 billion in financing from JPMorgan and Goldman Sachs before the 10X Facility begins commissioning in 2028. As such, it might make sense to, at the least, book some profits here. Most of the good news may already be priced in the stock, there's execution risk and the possibility of dilution (the DOD could own 15% of the company as part of the deal), and there's no guarantee that new sources of rare earth materials won't come to the market in the meantime. These blockbuster deals may be harbingers of what's to come Scott Levine: You don't have to scour Warren Buffett's annual letters to shareholders to gain investing insights (although it's not a bad idea). There are some frequent nuggets of wisdom that investors will hear from diverse sources, one of the most common being that it's impossible to time the market. And this old adage is especially applicable to MP Materials right now. With the stock's recent meteoric rise, it's reasonable to speculate that shares will level off at some point and probably even pull back some. The exact timing of when this will happen, of course, remains unknown. For current shareholders, the better course of action is to sit pat -- maybe add to your position if there's a pullback. Those eager to initiate a position should recognize that there's the potential that the stock will rise considerably higher and then trade a little lower only to rise again, leaving them with price points higher than where the stock is trading now. While the Department of Defense deal has numerous benefits for MP Materials, the partnership with Apple is especially important because it demonstrates the pressing need for rare earths, which are essential in the manufacturing of everything from consumer electronics to healthcare technologies to aerospace and defense applications. Companies involved in the manufacturing of these products, moreover, will want to shore up their supplies of rare earths and the magnets made with them. As the only fully integrated rare earth materials producer in the U.S. -- and soon producer of rare earth magnets -- MP Materials has a significant competitive advantage over the limited number of U.S. rare earth producers. Is now a good time to buy MP Materials? Valid arguments can be made on both sides of the coin with respect to whether MP Materials is a buy now. For those who have benefited from the stock's rapid rise over the past few months, trimming their positions and reallocating the capital may be a smart move. On the other hand, the stock has tremendous potential to rise higher in the future, and trying to time the stock's future dip may be a foolhardy exercise. Investors should closely examine risk tolerances and decide if they can withstand future volatility before picking up shares now. Should you invest $1,000 in MP Materials right now? Before you buy stock in MP Materials, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and MP Materials wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025
