Research
In-depth briefs on the names we track, refreshed weekly.
Market intelligence only. Not financial advice, not a recommendation, and not an offer to buy or sell any security. No trade execution.
Decifer research briefs
Institutional-grade briefs on 500 tracked names, updated as their underlying evidence changes.
Hinge Health, Inc. (HNGE)
Hinge Health's explosive revenue growth masks a negative intrinsic value that analysts are ignoring.
Healthcare
AbCellera Biologics Inc. (ABCL)
AbCellera's AI antibody platform draws risk-off capital despite financials that demand scrutiny.
Healthcare
Eaton Corporation plc (ETN)
Eaton rides the AI data-center power buildout, but a 44.5x multiple prices in near-flawless execution.
Industrials
Ligand Pharmaceuticals Incorporated (LGND)
Ligand Pharmaceuticals benefits from risk-off rotation with royalty model insulated from rate and macro shocks.
Healthcare
SSR Mining Inc. (SSRM)
SSR Mining rides gold's safe-haven bid, but a $8 DCF value against consensus BUY signals a valuation gap worth scrutinizing.
Basic Materials
Biodesix, Inc. (BDSX)
Biodesix rides risk-off rotation into defensive healthcare, but catastrophic financials demand scrutiny before conviction holds.
Healthcare
Cousins Properties Incorporated (CUZ)
Cousins Properties stands as a direct beneficiary as falling bond yields reprice Sun Belt office assets upward.
Real Estate
Guardant Health, Inc. (GH)
Guardant Health's 725% revenue surge masks a DCF that prices the business at negative $209 per share.
Healthcare
Ascendis Pharma A/S (ASND)
ASND's 223% revenue surge and risk-off macro tailwind collide with a deeply negative DCF valuation.
Healthcare
Axsome Therapeutics, Inc. (AXSM)
Axsome Therapeutics draws risk-off defensive bid despite financials that defy conventional valuation logic.
Healthcare
Centene Corp. (CNC)
Centene catches a risk-off bid, but a negative net margin hides beneath the managed care narrative.
Healthcare
Dell Technologies Inc. (DELL)
DELL is a high-conviction name in DELL, Dell Technologies
Technology
Welltower Inc. (WELL)
Welltower rides falling yields and a seniors housing supply crunch to a structurally re-rated growth story.
Real Estate
IREN Limited (IREN)
IREN rides bitcoin's risk-on rotation while revenue growth flatlines at 0%, exposing a valuation gap consensus ignores.
Technology
Oscar Health, Inc. (OSCR)
Oscar Health catches a risk-off rotation bid, but a negative DCF and persistent losses demand scrutiny.
Healthcare
D-Wave Quantum Inc. (QBTS)
D-Wave rides the AI infrastructure buildout narrative while revenue actually shrank 81% year over year.
Technology
United Airlines Holdings, Inc. (UAL)
United Airlines enters risk-on rotation at 10x earnings with analyst consensus and a $258 DCF gap to close.
Industrials
Amazon.com, Inc. (AMZN)
Amazon's AI capex tailwind lifts AWS, but reported margins look impossibly high, clouding valuation.
Consumer Cyclical
Nurix Therapeutics, Inc. (NRIX)
Nurix rides risk-on rotation into focus, but catastrophic financials expose a pure binary pipeline bet.
Healthcare
TKO Group Holdings, Inc. (TKO)
TKO rides the AI-driven media buildout with 18.2% revenue growth, but its reported margins look too good to be true.
Communication Services
Travere Therapeutics, Inc. (TVTX)
Travere Therapeutics sits at a rare disease crossroads where analyst conviction collides with deeply troubled financials.
Healthcare
Dianthus Therapeutics, Inc. (DNTH)
Dianthus Therapeutics rides risk-off rotation as claseprubart's autoimmune data approaches a critical inflection point.
Healthcare
Freeport-McMoRan Inc. (FCX)
Freeport-McMoRan driven by copper demand
Basic Materials
Performance Food Group Company (PFGC)
PFGC enters risk-on rotation as a defensive distributor with a 49x valuation demanding flawless execution.
Consumer Defensive
Atlantic Union Bankshares Corporation (AUB)
AUB rides risk-on rotation with a 16.5x P/E sitting below a $60 DCF floor.
Financial Services
Climb Bio, Inc. (CLYM)
Climb Bio's anti-CD19 asset meets a risk-off rotation that rewards binary biotech bets with defensive positioning.
Healthcare
DraftKings Inc. (DKNG)
DraftKings rides risk-on rotation with a 61-conviction setup, but extreme valuation demands flawless execution.
Consumer Cyclical
Harmony Gold Mining Company Limited (HMY)
Harmony Gold is poised to benefit from elevated safe-haven demand amid heightened Middle East tensions.
Basic Materials
Oracle Corporation (ORCL)
Oracle driven by AI buildout
Technology
Palomar Holdings, Inc. (PLMR)
Palomar rides easing credit conditions as a specialty insurer with 56% revenue growth and a 61/100 conviction score.
Financial Services
The J. M. Smucker Company (SJM)
SJM's defensive brand portfolio collides with alarming financials as risk-on rotation strips its safe-haven premium.
Consumer Defensive
Tango Therapeutics, Inc. (TNGX)
TNGX's synthetic lethality bet faces a brutal cash burn reality as risk-off markets punish pre-revenue biotechs.
Healthcare
Avient Corporation (AVNT)
AVNT is a high-conviction name in Basic Materials
Basic Materials
The Chefs' Warehouse, Inc. (CHEF)
CHEF is a medium-conviction name in consumer_retail
Consumer Defensive
Apollo Global Management, Inc. (APO)
APO is a medium-conviction name in Apollo Global
Financial Services
Arcos Dorados Holdings Inc. (ARCO)
Arcos Dorados captures Latin America's risk-on rotation at a 7.9x earnings multiple with analyst consensus firmly behind it.
Consumer Cyclical
International Flavors & Fragrances Inc. (IFF)
IFF enters risk-on rotation with anomalous financials that demand scrutiny before the narrative takes hold.
Basic Materials
MACOM Technology Solutions Holdings, Inc. (MTSI)
MACOM rides AI data-center buildout with 35.8% revenue growth, but a 98.5x P/E prices in near-perfect execution.
Technology
Ondas Holdings Inc. (ONDS)
ONDS is a high-conviction name in Ondas Holdings
Technology
SharkNinja, Inc. (SN)
SN is a high-conviction name in consumer_retail
Consumer Cyclical
UnitedHealth Group Incorporated (UNH)
UnitedHealth Group catches a risk-off bid, but distorted financials demand scrutiny before conviction holds.
Healthcare
Federal Signal Corporation (FSS)
Federal Signal rides risk-on industrial rotation with 18.7% revenue growth, but reported margin figures look statistically implausible.
Industrials
International Paper Company (IP)
International Paper driven by risk-on rotation
Basic Materials
Ciena Corporation (CIEN)
CIEN is a medium-conviction name in Ciena Corporation, Ciena Corporation
Technology
Celestica Inc. (CLS)
Celestica rides AI datacenter buildout with 62% revenue growth, but a negative DCF value flags a valuation disconnect.
Technology
ImmunityBio, Inc. (IBRX)
ImmunityBio's 1547% revenue surge masks a structurally broken unit economics story that consensus ignores.
Healthcare
Uranium Energy Corp. (UEC)
UEC is a medium-conviction name in Uranium Energy Corp.
Energy
Block, Inc. (XYZ)
XYZ is a high-conviction name in Software, Cloud & AI Platforms
Technology
COPT Defense Properties (CDP)
COPT Defense's government-tenant fortress meets falling yields, unlocking a rare REIT rerating moment.
Real Estate
CrowdStrike Holdings, Inc. (CRWD)
CRWD is a high-conviction name in CrowdStrike Holdings
Technology
Cytokinetics, Incorporated (CYTK)
Cytokinetics trades on pipeline optionality as distorted financials obscure a binary regulatory moment.
Healthcare
EMCOR Group, Inc. (EME)
EME driven by AI buildout
Industrials
Public Storage (PSA)
Public Storage rides falling yields with 16% revenue growth, but consensus skepticism creates a tension worth examining.
Real Estate
SentinelOne, Inc. (S)
SentinelOne driven by geopolitical risk
Technology
Tempus AI, Inc. (TEM)
Tempus AI trades on AI healthcare narrative while financials show a company deep in structural losses.
Healthcare
TXO Partners, L.P. (TXO)
TXO Partners' 67.9% revenue growth makes it compelling despite negative net margin and high gross margin variability.
Energy
Fox Corporation (FOXA)
FOXA is a high-conviction name in software_cloud_ai
Communication Services
Humana Inc. (HUM)
Humana's risk-off tailwinds collide with a 40.9x P/E and a DCF gap that demands scrutiny.
Healthcare
Kimco Realty Corporation (KIM)
Kimco Realty enters a falling-rate tailwind cycle with DCF upside and a consensus that hasn't caught up.
Real Estate
Merck & Co., Inc. (MRK)
Merck's steady 5.1% growth meets a rich 105.8x P/E — the pipeline has to prove it, not the multiple.
Healthcare
Annaly Capital Management, Inc. (NLY)
Annaly Capital rides risk-on rotation, but data anomalies demand scrutiny before conviction.
Real Estate
Starbucks Corporation (SBUX)
Starbucks trades at 78x earnings while revenue contracts — turnaround narrative faces a valuation credibility test.
Consumer Cyclical
Teradyne, Inc. (TER)
TER is a high-conviction name in semiconductors_ai_compute
Technology
The Trade Desk, Inc. (TTD)
The Trade Desk driven by AI buildout
Technology
Vertiv Holdings Co (VRT)
VRT is a high-conviction name in Vertiv Holdings
Industrials
Alamos Gold Inc. (AGI)
Alamos Gold rides safe-haven gold demand, but reported margins above 5000% signal data integrity risk, not fundamentals.
Basic Materials
BWX Technologies, Inc. (BWXT)
BWXT sits at the intersection of nuclear renaissance and AI power demand, but valuation leaves no room for error.
Industrials
Duos Technologies Group, Inc. (DUOT)
DUOT driven by AI buildout
Technology
Encore Capital Group, Inc. (ECPG)
ECPG benefits from easing credit conditions
Financial Services
Innodata Inc. (INOD)
INOD driven by AI buildout
Technology
Smurfit Westrock plc (SW)
SW is a high-conviction name in consumer_retail
Consumer Cyclical
YPF Sociedad Anónima (YPF)
YPF rides risk-on rotation into Vaca Muerta, but grotesque valuation multiples demand scrutiny.
Energy
Digital Turbine, Inc. (APPS)
Digital Turbine's 40% revenue growth masks a -668% net margin crisis that AI tailwinds cannot fix alone.
Technology
Ball Corporation (BALL)
Ball Corporation enters risk-on rotation as aluminum packaging demand and anomalous financials demand scrutiny.
Consumer Cyclical
Instacart (Maplebear Inc.) (CART)
Instacart rides risk-on rotation but financials flash contradictions the bull case cannot ignore.
Consumer Cyclical
MDA Space Ltd (MDA)
MDA is a high-conviction name in networking_connectivity
Industrials
Mirum Pharmaceuticals, Inc. (MIRM)
Mirum Pharmaceuticals driven by risk-on rotation
Healthcare
Nebius Group N.V. (NBIS)
NBIS driven by AI buildout
Technology
Ouster, Inc. (OUST)
Ouster's AI-driven lidar demand narrative collides with catastrophic financials that redefine the risk calculus.
Technology
PHINIA Inc. (PHIN)
PHINIA's aftermarket durability and falling yields create a rare value setup in a misunderstood industrial spinoff.
Consumer Cyclical
Rocket Lab USA, Inc. (RKLB)
Rocket Lab driven by geopolitical risk
Industrials
SiTime Corporation (SITM)
SiTime rides the AI capital spending wave, but catastrophic margins expose a business model under severe stress.
Technology
WesBanco, Inc. (WSBC)
WSBC driven by easing credit conditions
Financial Services
Yum! Brands, Inc. (YUM)
YUM! Brands trades at a discount to intrinsic value as risk-on rotation favors defensive consumer franchises.
Consumer Cyclical
Astrana Health, Inc. (ASTH)
ASTH driven by healthcare demand
Healthcare
AST SpaceMobile, Inc. (ASTS)
ASTS is a high-conviction name in AST SpaceMobile, Inc., AST SpaceMobile
Communication Services
Bowhead Specialty Holdings Inc. (BOW)
Bowhead Specialty Holdings driven by easing credit
Financial Services
Cummins Inc. (CMI)
Cummins trades at a premium multiple while reported financials show data anomalies that demand scrutiny before conviction.
Industrials
CoreCivic, Inc. (CXW)
CoreCivic rides falling yields as a rate-sensitive REIT, but 1980% gross margin signals a data anomaly worth scrutinizing.
Real Estate
Enova International, Inc. (ENVA)
ENVA is a high-conviction name in fintech
Financial Services
Eton Pharmaceuticals, Inc. (ETON)
ETON faces valuation risk
Healthcare
First Solar, Inc. (FSLR)
First Solar driven by AI growth
Technology
Futu Holdings Limited (FUTU)
Futu benefits from easing credit stress in Hong Kong markets, but reported margin figures don't add up.
Financial Services
Palo Alto Networks, Inc. (PANW)
Palo Alto Networks rides AI-driven cybersecurity demand, but a 321x P/E and DCF value of $117 flag a valuation gap.
Technology
Precigen, Inc. (PGEN)
PGEN driven by gene therapy growth
Healthcare
Taiwan Semiconductor Manufacturing Company Limited (TSM)
TSMC sits at the center of AI capex growth, but consensus already prices near-perfect execution.
Technology
Cohu, Inc. (COHU)
Cohu driven by AI buildout
Technology
Cencora, Inc. (COR)
Cencora's defensive distribution model draws risk-off capital as geopolitical tension rattles equity markets.
Healthcare
Datadog, Inc. (DDOG)
Datadog sits at the center of AI infrastructure spending, but its valuation demands flawless execution.
Technology
Diodes Incorporated (DIOD)
Diodes Incorporated driven by AI buildout
Technology
Glaukos Corporation (GKOS)
Glaukos faces a data credibility crisis: explosive reported growth collides with a deeply negative intrinsic value.
Healthcare
IES Holdings, Inc. (IESC)
IES Holdings rides the reshoring and infrastructure buildout, but its reported margins don't add up.
Industrials
Iron Mountain Incorporated (IRM)
Iron Mountain's falling-rate tailwind collides with a valuation that assumes perfection and a DCF that screams danger.
Real Estate
Lumentum Holdings Inc. (LITE)
LITE driven by AI buildout
Technology
Life Time Group Holdings, Inc. (LTH)
LTH driven by risk-on rotation
Consumer Cyclical
Meta Platforms, Inc. (META)
Meta driven by AI growth
Communication Services
Roku, Inc. (ROKU)
Roku faces a narrative-numbers disconnect as AI tailwinds meet deeply distressed financials.
Communication Services
SK hynix Inc. (SKHY)
SK hynix rides the AI memory upcycle, but reported margins above 7000% signal data distortion, not fundamentals.
Technology
Snowflake Inc. (SNOW)
Snowflake sits at the center of enterprise AI data demand, but its financials tell a contradictory story.
Technology
T1 Energy Inc (TE)
T1 Energy rides risk-on rotation into battery storage, but catastrophic financials demand scrutiny before conviction.
Industrials
TFI International Inc. (TFII)
TFII driven by risk-on rotation
Industrials
Absci Corporation (ABSI)
ABSI's AI drug discovery narrative collides with catastrophic financials as risk-off rotation creates a false tailwind.
Healthcare
Burlington Stores, Inc. (BURL)
Burlington rides risk-on rotation, but corrupted financials demand verification before the bull case holds.
Consumer Cyclical
Covista Inc. (CVSA)
CVSA shows implausible margins amid a risk-on rotation into Consumer & Retail, raising data integrity questions before fundamentals.
Consumer Defensive
Emerson Electric Co. (EMR)
Emerson Electric rides risk-on rotation with anomalous financials that demand scrutiny before conviction.
Industrials
easyJet plc (ESYJY)
easyJet catches a risk-on tailwind, but grotesque reported financials demand explanation before conviction holds.
Industrials
FuelCell Energy, Inc. (FCEL)
FuelCell Energy rides risk-on rotation despite financials that make the bull case nearly impossible to defend.
Industrials
Gold.com, Inc. (GOLD)
GOLD rides peak safe-haven demand with 35% net margins and a 5,981% revenue surge that consensus hasn't fully priced.
Financial Services
Innovex International, Inc. (INVX)
INVX gains from oil supply shock
Energy
PENN Entertainment, Inc. (PENN)
PENN Entertainment driven by risk-on rotation
Consumer Cyclical
SPX Technologies, Inc. (SPXC)
SPXC is a medium-conviction name in reshoring_industrial_capex
Basic Materials
VICI Properties Inc. (VICI)
VICI Properties sits at the intersection of falling yields and irreplaceable gaming real estate, making it a direct macro beneficiary now.
Real Estate
Victoria's Secret & Company (VSXY)
Victoria's Secret enters risk-on rotation with analyst consensus buy, but financial data warrants scrutiny before conviction.
Consumer Cyclical
Astera Labs, Inc. Common Stock (ALAB)
Astera Labs rides the AI buildout with 104.5% revenue growth, but a DCF value of -$91 flags a valuation built entirely on future execution.
Technology
Ares Management Corporation (ARES)
Ares Management driven by risk-on rotation
Financial Services
Broadcom Inc. (AVGO)
Broadcom's custom AI silicon for Google, Meta, and Apple makes it the infrastructure toll-taker of the AI buildout.
Technology
Credicorp Ltd. (BAP)
Credicorp rides Latin America's credit-easing cycle, trading at 14.4x earnings with a Buy consensus and a $460 DCF anchor.
Financial Services
Coeur Mining, Inc. (CDE)
Coeur Mining is poised to benefit from elevated safe-haven demand for gold amid rising geopolitical tensions.
Basic Materials
CleanSpark, Inc. (CLSK)
CLSK driven by risk-on rotation
Financial Services
Chipotle Mexican Grill, Inc. (CMG)
CMG is a high-conviction name in Chipotle
Consumer Cyclical
Dave Inc. (DAVE)
DAVE is a high-conviction name in software_cloud_ai
Technology
Docebo Inc. (DCBO)
Docebo rides AI-driven upskilling demand, but 13% growth and freakish margin figures don't square with a HIGH conviction call.
Technology
Dlocal Limited (DLO)
DLO is a high-conviction name in Software, Cloud & AI Platforms
Technology
HIVE Digital Technologies Ltd. (HIVE)
HIVE is a high-conviction name in software_cloud_ai
Technology
Immersion Corporation (IMMR)
IMMR faces valuation risk
Technology
LPL Financial Holdings Inc. (LPLA)
LPL Financial rides advisor recruitment momentum as credit stress eases and fee-based AUM compounds.
Financial Services
MongoDB, Inc. (MDB)
MongoDB rides the AI infrastructure buildout with 25% growth, but profitability and a middling 49/100 score complicate the bull case.
Technology
Onto Innovation Inc. (ONTO)
Onto Innovation driven by AI buildout
Technology
Quantum Corporation (QMCO)
Quantum Corporation rides the AI data storage wave, but catastrophic margins contradict the bull narrative entirely.
Technology
Telecom Argentina S.A. (TEO)
TEO is a medium-conviction name in Communication Services
Communication Services
TG Therapeutics, Inc. (TGTX)
TGTX's explosive 641% revenue growth masks a DCF signal that should stop bulls cold.
Healthcare
Tyson Foods, Inc. (TSN)
Tyson Foods trades at a stretched 44.8x earnings while its financials flash contradictory signals that consensus is ignoring.
Consumer Defensive
Venture Global, Inc. (VG)
VG is a high-conviction name in oil_energy
Energy
West Pharmaceutical Services, Inc. (WST)
WST rides GLP-1 injection boom, but a 46x multiple demands flawless execution in a volatile macro.
Healthcare
XPO Logistics, Inc. (XPO)
XPO sits at the intersection of risk-on rotation and freight recovery, but the numbers demand scrutiny.
Industrials
Copa Holdings, S.A. (CPA)
Copa Holdings driven by risk-on rotation
Industrials
ExlService Holdings, Inc. (EXLS)
EXLS driven by AI buildout
Technology
FirstCash Holdings, Inc (FCFS)
FCFS is a high-conviction name in fintech
Financial Services
Hamilton Lane Incorporated (HLNE)
HLNE is a high-conviction name in decifer_250_core
Financial Services
IDEAYA Biosciences, Inc. (IDYA)
IDEAYA Biosciences enters risk-off rotation as a synthetic lethality pure-play with deeply negative fundamentals demanding scrutiny.
Healthcare
Jumia Technologies AG (JMIA)
Jumia rides risk-on rotation momentum, but catastrophic fundamentals make this a speculative bet, not a recovery story.
Consumer Cyclical
Eli Lilly and Company (LLY)
Eli Lilly benefits from risk-on rotation with surging GLP-1 drug revenue.
Healthcare
MetLife, Inc. (MET)
MET is a high-conviction name in MetLife, Inc.
Financial Services
Navan, Inc. (NAVN)
Navan's AI-driven travel platform posts explosive revenue growth but bleeds cash at alarming scale.
Technology
NetEase, Inc. (NTES)
NetEase rides risk-on rotation with cheap valuation, but reported margins above 2,700% signal a data quality problem, not a moat.
Technology
Satellogic Inc. (SATL)
Satellogic's AI-driven geospatial data narrative collides with deeply negative fundamentals demanding urgent scrutiny.
Technology
Septerna Inc (SEPN)
SEPN driven by biotech growth
Healthcare
Wayfair Inc. (W)
Wayfair rides risk-on rotation momentum despite financials that flatly contradict the bull narrative.
Consumer Cyclical
Xponential Fitness, Inc. (XPOF)
XPOF sits at a macro tailwind crossroads, but collapsing financials challenge the bull narrative entirely.
Consumer Cyclical
Advanced Energy Industries, Inc. (AEIS)
AEIS driven by risk-on rotation
Technology
Amkor Technology, Inc. (AMKR)
Amkor sits at the physical intersection of the AI buildout, but the valuation math is brutal.
Technology
Arista Networks, Inc. (ANET)
Arista rides AI cluster networking demand into hyperscaler back-end fabric, but 47/100 conviction flags customer concentration risk.
Technology
Amphenol Corporation (APH)
APH is a high-conviction name in Networking & Connectivity
Technology
Antero Resources Corporation (AR)
Antero Resources driven by oil supply shock
Energy
AudioCodes Ltd. (AUDC)
AudioCodes faces macro headwinds
Technology
The Boeing Company (BA)
Boeing benefits from rising geopolitical risk
Industrials
Bitmine Immersion Technologies, Inc. (BMNR)
BMNR rides risk-on rotation
Financial Services
Bankwell Financial Group, Inc. (BWFG)
BWFG faces macro headwinds
Financial Services
ConocoPhillips (COP)
COP is a medium-conviction name in ConocoPhillips
Energy
Forgent Power Solutions, Inc. (FPS)
Forgent Power Solutions driven by risk-on rotation
Industrials
First Bank (FRBA)
FRBA faces margin pressure
Financial Services
German American Bancorp, Inc. (GABC)
GABC faces macro headwinds
Financial Services
Inno Holdings Inc. (INHD)
INHD's risk-on tailwind masks a financial structure that is functionally broken at every measurable level.
Technology
The Lovesac Company (LOVE)
Lovesac faces a valuation-reality gap as risk-on rotation meets deeply questioned fundamentals.
Consumer Cyclical
NRG Energy, Inc. (NRG)
NRG Energy driven by AI buildout
Utilities
Nintendo Co., Ltd. (NTDOY)
Nintendo rides a risk-on rotation tailwind while its own revenue shrinks 8.3% year over year.
Technology
Power Integrations, Inc. (POWI)
POWI driven by AI buildout
Technology
Invesco Aerospace & Defense ETF (PPA)
PPA rides active risk-on rotation as defense spending tailwinds collide with geopolitical uncertainty, creating a rare dual-catalyst setup.
Financial Services
Profound Medical Corp. (PROF)
Profound Medical faces growth risks
Healthcare
QXO, Inc. (QXO)
QXO is a high-conviction name in reshoring_industrial_capex
Industrials
Semtech Corporation (SMTC)
Semtech rides the AI buildout with 54% guided growth, but a negative DCF value exposes a valuation gap consensus ignores.
Technology
SouthState Bank Corp. (SSB)
SSB faces geopolitical headwinds
Financial Services
Truist Financial Corporation (TFC)
Truist Financial faces a data credibility crisis as margin figures defy banking reality and DCF signals deep undervaluation.
Financial Services
Trustmark Corporation (TRMK)
TRMK is a high-conviction name in banks_financials
Financial Services
Agilysys, Inc. (AGYS)
Agilysys rides the AI capex wave in hospitality software, but a 74.7x P/E prices in flawless execution.
Technology
Belden Inc. (BDC)
BDC is a high-conviction name in networking_connectivity
Technology
Canadian Natural Resources Limited (CNQ)
CNQ sits at the direct intersection of an active oil supply shock and improving fundamental leverage.
Energy
Concentra Group Holdings Parent, Inc. (CON)
CON is a high-conviction name in Healthcare, Biotech & Devices
Healthcare
Credo Technology Group Holding Ltd (CRDO)
Credo rides AI capex boom with 114.7% revenue growth, but reported margins and a negative DCF value raise valuation questions.
Technology
Diamondback Energy, Inc. (FANG)
FANG is a medium-conviction name in Diamondback Energy, Inc.
Energy
fuboTV Inc. (FUBO)
FUBO driven by AI buildout
Communication Services
Alphabet Inc. (GOOGL)
Alphabet Inc. benefits from risk-on rotation with strong revenue growth and high margins.
Communication Services
Hewlett Packard Enterprise Company (HPE)
HPE is a high-conviction name in Hewlett Packard Enterprise, Hewlett Packard Enterprise Company
Technology
Lindblad Expeditions Holdings, Inc. (LIND)
LIND is a medium-conviction name in consumer_retail
Consumer Cyclical
PulteGroup, Inc. (PHM)
PHM is a medium-conviction name in Consumer Cyclical
Consumer Cyclical
Sonoco Products Company (SON)
Sonoco benefits from risk-on rotation
Consumer Cyclical
Trip.com Group Limited (TCOM)
TCOM gains on risk-on rotation
Consumer Cyclical
Acme United Corporation (ACU)
ACU driven by US-China tensions
Consumer Defensive
Applied Materials, Inc. (AMAT)
AMAT driven by risk-on rotation
Technology
Arcutis Biotherapeutics, Inc. (ARQT)
Arcutis faces valuation risk
Healthcare
Canadian Pacific Kansas City Ltd. (CP)
CPKC enters risk-on rotation as the only tri-national rail network with unresolved valuation tension.
Industrials
Constellium SE (CSTM)
CSTM is a medium-conviction name in critical_minerals_copper
Basic Materials
CareTrust REIT, Inc. (CTRE)
CTRE is a medium-conviction name in Real Estate
Real Estate
EOG Resources, Inc. (EOG)
EOG is a high-conviction name in EOG Resources, Inc.
Energy
Flex Ltd. (FLEX)
Flex driven by AI buildout
Technology
Geron Corporation (GERN)
Geron faces valuation risk
Healthcare
Samsara Inc. (IOT)
Samsara rides the AI-capex buildout, but a 404x earnings multiple against a $24 fair value estimate is the real story.
Technology
Dorian LPG Ltd. (LPG)
Dorian LPG sits inside an active oil supply shock as a direct beneficiary, but a Hold rating and outsized margins don't square with the story.
Energy
Mako Mining Corp Common Stock (MAKO)
MAKO driven by gold demand
Basic Materials
nVent Electric plc (NVT)
nVent rides copper's record run and reshoring tailwinds, but conviction score of 45 and data anomalies argue for caution.
Industrials
Realty Income Corporation (O)
Realty Income stands as a direct beneficiary as falling bond yields close the valuation gap on its 50x earnings multiple.
Real Estate
Payoneer Global Inc. (PAYO)
Payoneer driven by AI buildout
Technology
Plumas Bancorp (PLBC)
PLBC is a medium-conviction name in Financial Services
Financial Services
Smithfield Foods, Inc. (SFD)
SFD faces margin pressure
Consumer Defensive
SOPHiA GENETICS S.A. (SOPH)
SOPH faces valuation risk
Healthcare
Westinghouse Air Brake Technologies Corporation (WAB)
WAB sits at the intersection of risk-on rotation and rail infrastructure demand, but its financials tell a conflicted story.
Industrials
Walmart Inc. (WMT)
Walmart's defensive positioning offers stability as risk-on rotation stalls and valuation demands scrutiny.
Consumer Defensive
Clear Secure, Inc. (YOU)
YOU is a high-conviction name in software_cloud_ai
Technology
American Airlines Group Inc. (AAL)
American Airlines gains on risk-on rotation
Industrials
ACM Research, Inc. (ACMR)
ACMR driven by AI buildout
Technology
Amentum Holdings, Inc. (AMTM)
Amentum driven by geopolitical risk
Industrials
Atour Lifestyle Holdings Limited (ATAT)
Atour rides China consumer risk-on rotation, but a 44-point conviction score sits awkwardly under a 'HIGH' tier label.
Consumer Cyclical
Astronics Corporation (ATRO)
Astronics sits at the intersection of aerospace recovery and rising geopolitical defense demand, but valuation demands execution.
Industrials
AeroVironment, Inc. (AVAV)
AeroVironment driven by geopolitical risk
Industrials
Avax One Technology Ltd (AVX)
AVX faces valuation risk
Technology
The Bank of Nova Scotia (BNS)
BNS is a high-conviction name in banks_financials
Financial Services
BrightSpring Health Services, Inc. Common Stock (BTSG)
BrightSpring rides risk-off rotation into home healthcare, but financials defy conventional logic.
Healthcare
First Busey Corporation (BUSE)
BUSE faces macro headwinds
Financial Services
Cerebras Systems Inc. (CBRS)
Cerebras rides the AI capex supercycle but its financials defy rational interpretation and demand scrutiny.
Technology
EverQuote, Inc. (EVER)
EverQuote rides risk-on rotation into insurance-ad marketplace, but a negative DCF value clashes with its 7.5x P/E and BUY rating.
Communication Services
First Advantage Corporation (FA)
First Advantage's analyst consensus clashes violently with a composite conviction score of 44 and a 363x earnings multiple.
Industrials
IMAX Corporation (IMAX)
IMAX rides risk-on rotation and reopening momentum, but a 70x P/E versus a $48 DCF value exposes the gap.
Communication Services
Jefferies Financial Group Inc. (JEF)
Jefferies enters a credit stress easing cycle with valuation below intrinsic value but mixed conviction signals.
Financial Services
Jackson Financial Inc. (JXN)
JXN faces macro headwinds
Financial Services
Kinsale Capital Group, Inc. (KNSL)
KNSL driven by easing credit conditions
Financial Services
Lionsgate Studios Corp. (LION)
Lionsgate Studios sits at AI content demand crossroads, but brutal margins contradict the bull narrative entirely.
Communication Services
Manhattan Associates, Inc. (MANH)
Manhattan Associates driven by AI buildout
Technology
Mobileye Global Inc. (MBLY)
Mobileye driven by AI growth
Consumer Cyclical
McKesson Corporation (MCK)
McKesson's distribution scale and RxTS optionality offer durable cash generation as healthcare infrastructure demand stays resilient.
Healthcare
Medtronic plc (MDT)
Medtronic's cardiovascular franchise and analyst consensus BUY signal a compelling setup despite macro uncertainty.
Healthcare
MSCI Inc. (MSCI)
MSCI is a high-conviction name in banks_financials
Financial Services
Pinnacle Financial Partners, Inc. (PNFP)
PNFP is a high-conviction name in banks_financials
Financial Services
Rithm Capital Corp. (RITM)
RITM faces macro headwinds
Financial Services
Sky Harbour Group Corp (SKYH)
SKYH faces valuation risk
Real Estate
Targa Resources Corp. (TRGP)
Targa Resources sits at the midstream crossroads as an Iran deal threatens to reprice the entire oil supply shock.
Energy
Unilever PLC (UL)
Unilever trades at fair value as risk-on rotation offers a temporary lift to defensive FMCG names.
Consumer Defensive
United States Lime & Minerals, Inc. (USLM)
USLM is a high-conviction name in critical_minerals_copper
Basic Materials
Varex Imaging Corporation (VREX)
VREX faces margin pressure
Healthcare
WhiteFiber, Inc. Ordinary Shares (WYFI)
WhiteFiber rides AI infrastructure demand but its financials tell a deeply contradictory story.
Technology
Atlanticus Holdings Corporation (ATLC)
ATLC surges on revenue growth
Financial Services
Bloom Energy Corporation (BE)
BE is a medium-conviction name in Bloom Energy
Industrials
Camden National Corp. (CAC)
CAC is a watchlist-conviction name in Financial Services
Financial Services
Callaway Golf Company (CALY)
Callaway Golf's narrative is overwhelmed by data anomalies that demand immediate scrutiny before any conviction is warranted.
Consumer Cyclical
Cirrus Logic, Inc. (CRUS)
Cirrus Logic driven by AI buildout
Technology
Fidelity National Financial, Inc. (FNF)
FNF is a watchlist-conviction name in Fidelity National Financial
Financial Services
iShares Select U.S. REIT ETF (ICF)
ICF driven by risk-on rotation
Financial Services
Innovative Aerosystems, Inc. (ISSC)
ISSC faces macro headwinds
Industrials
James Hardie Industries plc (JHX)
James Hardie's AI-driven construction demand narrative collides with a DCF intrinsic value of $2.
Basic Materials
State Street SPDR S&P Regional Banking ETF (KRE)
KRE driven by risk-on rotation
Financial Services
Lenovo Group Limited (LNVGY)
LNVGY is a watchlist-conviction name in Technology
Technology
Liquidity Services, Inc. (LQDT)
LQDT faces valuation risk
Consumer Cyclical
Navitas Semiconductor Corp (NVTS)
NVTS driven by AI buildout
Technology
Qnity Electronics, Inc. (Q)
Qnity Electronics is poised to benefit from AI Buildout with 22.1% YoY revenue growth.
Technology
Rimini Street, Inc. (RMNI)
RMNI is a high-conviction name in software_cloud_ai
Technology
Sezzle Inc. (SEZL)
SEZL is a watchlist-conviction name in fintech
Financial Services
Somnigroup International Inc (SGI)
SGI's sky-high margins mask a revenue collapse that consensus bulls are dangerously ignoring.
Consumer Defensive
Tidewater Inc. (TDW)
Tidewater sits on the oil supply-shock trade, but 0.2% revenue growth says the thesis hasn't shown up yet.
Energy
Trekor Metals Limited (TGB)
TGB driven by AI growth
Basic Materials
Travelzoo (TZOO)
TZOO is a high-conviction name in software_cloud_ai
Communication Services
Versigent PLC (VGNT)
VGNT gains on risk-on rotation
Industrials
Vodafone Group Public Limited Company (VOD)
VOD is a watchlist-conviction name in Communication Services
Communication Services
Verisk Analytics, Inc. (VRSK)
VRSK is a high-conviction name in software_cloud_ai
Technology
VeriSign, Inc. (VRSN)
VRSN is a high-conviction name in software_cloud_ai
Technology
XBP Global Holdings, Inc. (XBP)
XBP driven by digital modernization
Technology
Zoom Communications, Inc. (ZM)
ZM is a high-conviction name in software_cloud_ai
Technology
BillionToOne, Inc. (BLLN)
BLLN is a watchlist-conviction name in Healthcare
Healthcare
Camtek Ltd. (CAMT)
CAMT is a watchlist-conviction name in semiconductors_ai_compute
Technology
Casey's General Stores, Inc. (CASY)
CASY is a high-conviction name in consumer_retail
Consumer Cyclical
CG Oncology Inc. (CGON)
CGON faces valuation risk
Healthcare
DICK'S Sporting Goods, Inc. (DKS)
DICK'S Sporting Goods trades at a discount to intrinsic value as consumer cyclical rotation stalls amid macro uncertainty.
Consumer Cyclical
Evolent Health, Inc. (EVH)
EVH's 587% revenue surge masks a -2629% net margin that makes the bull case structurally incoherent.
Healthcare
Firefly Aerospace Inc. (FLY)
Firefly Aerospace emerges as a direct geopolitical beneficiary as national security space demand accelerates.
Industrials
GE HealthCare Technologies Inc. (GEHC)
GEHC offers a compelling risk/reward at 19.6x earnings as healthcare imaging demand and AI integration accelerate.
Healthcare
Hut 8 Corp. (HUT)
Hut 8 driven by risk-on rotation
Financial Services
Jazz Pharmaceuticals plc (JAZZ)
Jazz Pharmaceuticals offers neuroscience franchise durability, but anomalous financials and stretched valuation demand scrutiny before conviction builds.
Healthcare
Jabil Inc. (JBL)
JBL driven by AI buildout
Technology
JPMorgan Chase & Co. (JPM)
JPMorgan's diversified model and resilient margins position it as the standout bank in a rate-uncertain environment.
Financial Services
Joint Stock Company Kaspi.kz (KSPI)
KSPI is a watchlist-conviction name in Technology
Technology
Lockheed Martin Corporation (LMT)
Lockheed Martin is a direct beneficiary as U.S.-Iran tensions accelerate defense spending urgency.
Industrials
Monolithic Power Systems, Inc. (MPWR)
MPWR is a medium-conviction name in Monolithic Power Systems, Inc.
Technology
NerdWallet, Inc. (NRDS)
NerdWallet rides a risk-on rotation into financial content stocks, but revenue growth of just 5.6% lags the story's momentum.
Communication Services
OppFi Inc. (OPFI)
OppFi trades at 5.3x earnings amid risk-on rotation, but 1.9% revenue growth and distorted margins demand scrutiny.
Financial Services
Planet Labs PBC (PL)
Planet Labs driven by geopolitical risk
Industrials
Reddit, Inc. (RDDT)
Reddit turns human conversation into AI training data, but a negative DCF value clashes with consensus BUY and a 42/100 conviction score.
Communication Services
Rigetti Computing, Inc. (RGTI)
Rigetti driven by AI buildout
Technology
Ambarella, Inc. (AMBA)
Ambarella faces valuation risk
Technology
AMETEK, Inc. (AME)
AME is a high-conviction name in reshoring_industrial_capex
Industrials
Amgen Inc. (AMGN)
Amgen's defensive margin profile and BUY consensus offer ballast as biotech risk-on rotation stalls.
Healthcare
A10 Networks, Inc. (ATEN)
A10 Networks sits at the AI infrastructure crossroads, but stretched valuation and revenue contraction demand scrutiny.
Technology
Booking Holdings Inc. (BKNG)
Booking Holdings gets a risk-on tailwind as travel demand firms, but the conviction math and margin data don't add up.
Consumer Cyclical
Candel Therapeutics, Inc. (CADL)
CADL is a watchlist-conviction name in Healthcare
Healthcare
C4 Therapeutics, Inc. (CCCC)
CCCC is a watchlist-conviction name in Healthcare
Healthcare
CEVA, Inc. (CEVA)
CEVA driven by AI buildout
Technology
CTS Corporation (CTS)
CTS is a high-conviction name in networking_connectivity
Technology
Devon Energy Corporation (DVN)
Devon Energy driven by oil supply shock
Energy
EagleRock Land LLC (EROK)
EagleRock Land faces oil reserve squeeze
Energy
Foghorn Therapeutics Inc. (FHTX)
FHTX faces valuation risk
Healthcare
Liberty Media Corporation (FWONK)
FWONK driven by racing revenue
Communication Services
Golar LNG Limited (GLNG)
GLNG faces valuation risk
Energy
Alphabet Inc. (GOOG)
Alphabet Inc. benefits from risk-on rotation with strong revenue growth and high margins.
Communication Services
Hyatt Hotels Corporation (H)
Hyatt's DCF gap signals deep mispricing as travel demand meets a balance sheet under stress.
Consumer Cyclical
HBT Financial, Inc. (HBT)
HBT faces growth test
Financial Services
Intercontinental Exchange, Inc. (ICE)
ICE is a high-conviction name in Intercontinental Exchange, Inc.
Financial Services
Kaltura, Inc. (KLTR)
KLTR faces valuation risk
Technology
LandBridge Company LLC (LB)
LB faces oil supply risks
Energy
Mama's Creations, Inc. (MAMA)
MAMA is a watchlist-conviction name in Consumer Defensive
Consumer Defensive
Morningstar, Inc. (MORN)
Morningstar driven by easing credit conditions
Financial Services
Netlist, Inc. (NLST)
NLST faces valuation risk
Technology
PDD Holdings Inc. (PDD)
PDD is a high-conviction name in PDD Holdings Inc.
Consumer Cyclical
Prenetics Global Limited (PRE)
Prenetics faces valuation risk
Healthcare
QuinStreet, Inc. (QNST)
QuinStreet rides risk-on rotation with 42.7% revenue growth, but reported margin figures and a negative DCF value demand scrutiny.
Communication Services
LiveRamp Holdings, Inc. (RAMP)
LiveRamp rides AI-driven demand for clean data, but 9.8% growth lags the narrative and conviction score sits at just 41.
Technology
Sea Limited (SE)
Sea Limited rides risk-on rotation with 48% revenue growth, but reported margins above 4,000% signal deep data or accounting distortions.
Consumer Cyclical
TransDigm Group Incorporated (TDG)
TransDigm Group driven by geopolitical risk
Industrials
Tuya Inc. (TUYA)
Tuya driven by AI buildout
Technology
Uber Technologies, Inc. (UBER)
UBER is a watchlist-conviction name in software_cloud_ai
Technology
Ventas, Inc. (VTR)
VTR is a high-conviction name in housing_rate_sensitivity
Real Estate
Zimmer Biomet Holdings, Inc. (ZBH)
ZBH faces macro headwinds
Healthcare
ACRES Commercial Realty Corp. (ACR)
ACR is a watchlist-conviction name in Real Estate
Real Estate
Allegiant Travel Company (ALGT)
Allegiant Travel faces valuation risk
Industrials
Ardagh Metal Packaging S.A. (AMBP)
AMBP faces valuation risk
Consumer Cyclical
AXT, Inc. (AXTI)
AXTI is a watchlist-conviction name in AXTI
Technology
California BanCorp (BCAL)
BCAL faces growth headwinds
Financial Services
Bunge Global S.A. (BG)
Bunge's margin story clashes with collapsing revenue, making the numbers unreliable right now.
Consumer Defensive
Dutch Bros Inc. (BROS)
Dutch Bros trades at 113x earnings with a negative DCF value while analysts remain unanimously bullish.
Consumer Cyclical
Citigroup Inc. (C)
Citigroup benefits from easing credit stress
Financial Services
CECO Environmental Corp. (CECO)
CECO is a watchlist-conviction name in reshoring_industrial_capex
Industrials
Coherent, Inc. (COHR)
Coherent driven by AI buildout
Technology
Corpay, Inc. (CPAY)
CPAY is a watchlist-conviction name in Technology
Technology
Cisco Systems, Inc. (CSCO)
Cisco driven by AI buildout
Technology
CVS Health Corp. (CVS)
CVS is a high-conviction name in CVS Health Corporation, CVS Health Corporation
Healthcare
The Descartes Systems Group Inc. (DSGX)
DSGX is a watchlist-conviction name in software_cloud_ai
Technology
Enbridge Inc. (ENB)
Enbridge benefits from oil supply shock
Energy
Exact Sciences Corporation (EXAS)
Exact Sciences trades at a deep discount to intrinsic value while burning cash at a scale that demands scrutiny.
Healthcare
Expand Energy Corporation (EXE)
Expand Energy sits at ground zero of an oil supply shock, but revenue is shrinking 19.7% while margins look statistically implausible.
Energy
Fabrinet (FN)
Fabrinet driven by AI buildout
Technology
GCM Grosvenor Inc. (GCMG)
GCMG is a high-conviction name in decifer_250_core
Financial Services
Corning Inc (GLW)
Corning driven by AI buildout
Technology
Gates Industrial Corporation plc (GTES)
GTES faces US-China squeeze
Industrials
H World Group Limited (HTHT)
HTHT faces growth test
Consumer Cyclical
iShares iBoxx $ High Yield Corporate Bond ETF (HYG)
HYG gains on risk-on rotation
Financial Services
Keysight Technologies, Inc. (KEYS)
KEYS is a high-conviction name in networking_connectivity
Technology
Kearny Financial Corp. (KRNY)
KRNY is a watchlist-conviction name in Financial Services
Financial Services
Global X - Lithium & Battery Tech ETF (LIT)
LIT gains on risk-on rotation
Financial Services
Old Second Bancorp, Inc. (OSBC)
OSBC faces macro headwinds
Financial Services
Global X - U.S. Infrastructure Development ETF (PAVE)
PAVE benefits from risk-on rotation
Financial Services
Primo Brands Corporation (PRMB)
PRMB's explosive revenue growth masks a valuation stretched far beyond what defensive water sector fundamentals justify.
Consumer Defensive
Prudential plc (PUK)
Prudential's Asia-Africa growth engine hides accounting noise that overstates margins and obscures true earnings quality.
Financial Services
RingCentral, Inc. (RNG)
RNG is a high-conviction name in software_cloud_ai
Technology
Solaris Energy Infrastructure, Inc. (SEI)
SEI is a watchlist-conviction name in Energy
Energy
Shore Bancshares, Inc. (SHBI)
SHBI is a watchlist-conviction name in Financial Services
Financial Services
Strawberry Fields REIT, Inc. (STRW)
STRW faces valuation risk
Real Estate
Terex Corporation (TEX)
Terex faces growth test
Industrials
Vicor Corporation (VICR)
Vicor Corporation driven by AI buildout
Technology
Viridian Therapeutics, Inc. (VRDN)
VRDN is a watchlist-conviction name in Healthcare
Healthcare
Axon Enterprise, Inc. (AXON)
Axon's geopolitical tailwind and 133% revenue growth make it a high-conviction defense-tech moment.
Industrials
Corporación América Airports S.A. (CAAP)
CAAP is a watchlist-conviction name in Industrials
Industrials
Central Garden & Pet Company (CENT)
CENT surges on oil shock
Consumer Defensive
CoreWeave, Inc. Class A Common Stock (CRWV)
CRWV is a watchlist-conviction name in CoreWeave, Inc. Class A Common Stock
Technology
Curbline Properties Corp. (CURB)
CURB faces valuation risk
Real Estate
Citizens Financial Services, Inc. (CZFS)
CZFS faces macro headwinds
Financial Services
Danske Bank A/S (DNKEY)
DNKEY is a watchlist-conviction name in Financial Services
Financial Services
Enerflex Ltd. (EFXT)
EFXT is a high-conviction name in oil_energy
Energy
Essential Properties Realty Trust, Inc. (EPRT)
EPRT yields attractive growth
Real Estate
Extreme Networks, Inc. (EXTR)
Extreme Networks faces a brutal revenue collapse that its AI networking narrative cannot yet offset.
Technology
Freshworks Inc. (FRSH)
FRSH is a high-conviction name in Software, Cloud & AI Platforms
Technology
FTAI Aviation Ltd. (FTAI)
FTAI Aviation rides an industrials risk-on rotation, but a negative $231 DCF and 39/100 conviction score clash with its BUY consensus.
Industrials
FitLife Brands, Inc. (FTLF)
FTLF is a watchlist-conviction name in Consumer Defensive
Consumer Defensive
Griffon Corporation (GFF)
GFF faces valuation risk
Basic Materials
Grupo Financiero Galicia S.A. (GGAL)
GGAL is a watchlist-conviction name in banks_financials
Financial Services
i-80 Gold Corp. (IAUX)
IAUX is a watchlist-conviction name in Basic Materials
Basic Materials
InterDigital, Inc. (IDCC)
InterDigital driven by AI buildout
Technology
J.B. Hunt Transport Services, Inc. (JBHT)
JBHT gains on risk-on rotation
Industrials
Jones Lang LaSalle Incorporated (JLL)
JLL faces growth test
Real Estate
KeyCorp (KEY)
KEY is a high-conviction name in banks_financials
Financial Services
KNOT Offshore Partners LP (KNOP)
KNOP's shuttle tankers benefit from North Sea and Brazil demand amid rising geopolitical tensions in oil regions.
Industrials
Lululemon Athletica Inc. (LULU)
Lululemon faces risk-on rotation
Consumer Cyclical
Madrigal Pharmaceuticals, Inc. (MDGL)
MDGL faces valuation risk
Healthcare
Moderna, Inc. (MRNA)
Moderna's mRNA pipeline narrative collides with catastrophic financials as risk-off rotation artificially inflates its signal.
Healthcare
Metalla Royalty & Streaming Ltd. (MTA)
MTA is a watchlist-conviction name in Basic Materials
Basic Materials
NextEra Energy, Inc. (NEE)
NextEra Energy sits at the intersection of AI power demand and renewable buildout, but conviction remains constrained.
Utilities
OP Bancorp (OPBK)
OPBK faces growth scrutiny
Financial Services
Pampa Energía S.A. (PAM)
PAM is a watchlist-conviction name in Utilities
Utilities
Prelude Therapeutics Incorporated (PRLD)
PRLD faces valuation risk
Healthcare
ATRenew Inc. (RERE)
RERE driven by China's tech push
Consumer Cyclical
Rivian Automotive, Inc. (RIVN)
RIVN is a watchlist-conviction name in Consumer Cyclical
Consumer Cyclical
Construction Partners, Inc. (ROAD)
ROAD driven by infrastructure demand
Industrials
Seneca Foods Corporation (SENEB)
Seneca Foods shows 36.2% revenue growth and a 10.8x P/E, but its conviction score of 39 contradicts its 'HIGH' tier label.
Consumer Defensive
Silgan Holdings Inc. (SLGN)
SLGN faces macro headwinds
Consumer Cyclical
XPEL, Inc. (XPEL)
XPEL faces growth test
Consumer Cyclical
XPeng Inc. (XPEV)
XPeng rides falling yields and oil tailwinds, but its financials tell a deeply troubled story.
Consumer Cyclical
ACI Worldwide, Inc. (ACIW)
ACI Worldwide rides the AI-driven payments modernization wave, but conviction score of 38 signals more risk than reward.
Technology
AdaptHealth Corp. (AHCO)
AHCO faces growth risks
Healthcare
Ategrity Specialty Holdings LLC (ASIC)
Ategrity's 45.9% revenue growth clashes with a 38-out-of-100 conviction score despite a HIGH tier label.
Financial Services
Alibaba Group Holding Limited (BABA)
Alibaba driven by risk-on rotation
Consumer Cyclical
Burke & Herbert Financial Services Corp. (BHRB)
BHRB faces macro headwinds
Financial Services
Carlsmed, Inc. (CARL)
CARL driven by AI spine surgery
Healthcare
Constellation Energy Corporation (CEG)
CEG driven by AI buildout
Utilities
Domino's Pizza, Inc. (DPZ)
DPZ is a high-conviction name in consumer_retail
Consumer Cyclical
EQT Corporation (EQT)
EQT rides an oil-shock macro tag despite being a pure natural gas producer with revenue down 29% YoY.
Energy
First Merchants Corporation (FRME)
FRME is a watchlist-conviction name in Financial Services
Financial Services
Grindr Inc. (GRND)
Grindr is poised to benefit from AI Buildout with strong revenue growth and high margins.
Technology
Harmony Biosciences Holdings, Inc. (HRMY)
HRMY driven by rare disease demand
Healthcare
HubSpot, Inc. (HUBS)
HUBS is a high-conviction name in software_cloud_ai
Technology
Ichor Holdings, Ltd. (ICHR)
Ichor Holdings driven by AI growth
Technology
Insmed Incorporated (INSM)
Insmed faces risk-off rotation
Healthcare
Inter Parfums, Inc. (IPAR)
IPAR faces macro headwinds
Consumer Defensive
Kinetik Holdings Inc. (KNTK)
KNTK faces macro headwinds
Energy
Cheniere Energy, Inc. (LNG)
LNG benefits from oil supply shock
Energy
Lloyds Banking Group plc (LYG)
LYG faces macro headwinds
Financial Services
Maase Inc. (MAAS)
MAAS rides risk-on rotation but catastrophic margins make the macro tailwind dangerously misleading.
Financial Services
MedX Holdings, Inc. (MEDH)
MEDH faces valuation risk
Consumer Defensive
Merit Medical Systems, Inc. (MMSI)
MMSI faces growth test
Healthcare
Nutanix, Inc. (NTNX)
Nutanix rides AI infrastructure demand, but guidance points to deceleration, and margin figures need verification.
Technology
PEDEVCO Corp. (PED)
PED is a watchlist-conviction name in Energy
Energy
The Procter & Gamble Company (PG)
P&G rides risk-on rotation as a defensive name, but 1.5% growth and a 38/100 score question the premium.
Consumer Defensive
The Progressive Corporation (PGR)
Progressive trades at 10.8x earnings with a HIGH conviction tag despite a 38/100 composite score.
Financial Services
Prologis, Inc. (PLD)
Prologis offers rate-sensitive REIT exposure with outsized margin quality as yield catalysts remain on deck.
Real Estate
Philip Morris International Inc. (PM)
Philip Morris International is poised to benefit from risk-on rotation amid robust revenue growth and diversification efforts.
Consumer Defensive
Remitly Global, Inc. (RELY)
Remitly gets tagged as an AI capex beneficiary, but its real story is remittance volume growth, not chips or data centers.
Technology
Regions Financial Corporation (RF)
Regions Financial trades at 11x earnings with DCF upside to $33, but macro headwinds cloud the setup.
Financial Services
Royal Gold, Inc. (RGLD)
Royal Gold driven by safe-haven gold demand
Basic Materials
Stifel Financial Corp (SF)
Stifel Financial faces geopolitical headwinds
Financial Services
Slide Insurance Holdings, Inc. Common Stock (SLDE)
Slide Insurance's 47.9% revenue growth and 5.3x earnings multiple mask a conviction score that doesn't match its 'HIGH' tier label.
Financial Services
Interface, Inc. (TILE)
TILE is a watchlist-conviction name in Consumer Cyclical
Consumer Cyclical
T-Mobile US, Inc. (TMUS)
TMUS is a high-conviction name in networking_connectivity
Communication Services
Toll Brothers, Inc. (TOL)
TOL is a high-conviction name in Toll Brothers
Consumer Cyclical
ServiceTitan, Inc. (TTAN)
TTAN faces growth pressure
Technology
Take-Two Interactive Software, Inc. (TTWO)
TTWO is a high-conviction name in software_cloud_ai
Technology
United Fire Group, Inc. (UFCS)
United Fire Group carries a BUY consensus but a conviction score of just 38, and the macro linkage looks thin.
Financial Services
Unusual Machines, Inc. (UMAC)
UMAC driven by crypto regulatory uncertainty
Technology
Upstart Holdings, Inc. (UPST)
Upstart's 133% revenue surge masks a DCF implosion that analysts are ignoring.
Financial Services
UWM Holdings Corporation (UWMC)
UWMC benefits from falling yields
Financial Services
Voyager Technologies, Inc. (VOYG)
Voyager Technologies driven by geopolitical risk
Industrials
Zebra Technologies Corporation (ZBRA)
ZBRA is a watchlist-conviction name in Technology
Technology
Zenta Group Company Limited Class A Ordinary Shares (ZTG)
ZTG faces US-China squeeze
Industrials
ACCO Brands Corporation (ACCO)
ACCO faces macro headwinds
Industrials
Arteris, Inc. (AIP)
AIP is a watchlist-conviction name in semiconductors_ai_compute
Technology
Arthur J. Gallagher & Co. (AJG)
AJG's acquisition-driven scale and resilient brokerage model warrant attention despite a stretched 34.5x multiple.
Financial Services
Ally Financial Inc. (ALLY)
Ally Financial driven by risk-on rotation
Financial Services
AngioDynamics, Inc. (ANGO)
AngioDynamics faces valuation risk
Healthcare
AutoZone, Inc. (AZO)
AZO is a high-conviction name in AutoZone, Inc.
Consumer Cyclical
Bausch Health Companies Inc. (BHC)
BHC faces valuation risk
Healthcare
ChoiceOne Financial Services, Inc. (COFS)
COFS faces macro headwinds
Financial Services
Comstock Resources, Inc. (CRK)
Comstock Resources driven by oil supply shock
Energy
Youdao, Inc. (DAO)
DAO faces valuation risk
Consumer Defensive
Garmin Ltd. (GRMN)
Garmin driven by AI buildout
Technology
Helix Energy Solutions Group, Inc. (HLX)
HLX benefits from oil supply shock
Energy
Innovage Holding Corp. (INNV)
InnovAge's PACE model faces scrutiny amid unsustainable margins and growth.
Healthcare
Gartner, Inc. (IT)
Gartner driven by risk-on rotation
Industrials
Jefferson Capital, Inc. Common Stock (JCAP)
JCAP driven by debt recovery
Financial Services
KDDI Corporation (KDDIY)
KDDI's explosive revenue growth driven by Japan's telecom demand surge makes it a compelling watchlist candidate.
Communication Services
The Kroger Co. (KR)
Kroger's anomalous financials and BUY consensus warrant scrutiny as defensive rotation thesis faces macro headwinds.
Consumer Defensive
Moody's Corporation (MCO)
MCO is a high-conviction name in banks_financials
Financial Services
monday.com Ltd. (MNDY)
MNDY is a watchlist-conviction name in software_cloud_ai
Technology
Insight Enterprises, Inc. (NSIT)
NSIT faces margin pressure
Technology
OFG Bancorp (OFG)
OFG faces macro headwinds
Financial Services
Ferrari N.V. (RACE)
Ferrari driven by yields
Consumer Cyclical
Replimune Group, Inc. (REPL)
Replimune faces valuation risk
Healthcare
STAG Industrial, Inc. (STAG)
STAG is a high-conviction name in housing_rate_sensitivity
Real Estate
TaskUs, Inc. (TASK)
TaskUs trades at 7x earnings with BUY consensus, but 5% growth and a $9 DCF value question the AI-buildout story.
Technology
TGS ASA (TGSGY)
TGSGY is a watchlist-conviction name in Energy
Energy
T. Rowe Price Group, Inc. (TROW)
TROW gains on risk-on rotation
Financial Services
Tower Semiconductor Ltd. (TSEM)
TSEM is a watchlist-conviction name in semiconductors_ai_compute
Technology
Twist Bioscience Corporation (TWST)
TWST surges on synthetic biology
Healthcare
UMB Financial Corporation (UMBF)
UMB Financial faces macro headwinds
Financial Services
Unum Group (UNM)
Unum Group faces valuation risk
Financial Services
State Street SPDR S&P Homebuilders ETF (XHB)
XHB driven by risk-on rotation
Financial Services
Zeta Global Holdings Corp. (ZETA)
ZETA is a watchlist-conviction name in Zeta Global Holdings
Technology
Applied Aerospace & Defense, Inc. (AADX)
AADX is a watchlist-conviction name in Technology
Technology
Abbott Laboratories (ABT)
Abbott Laboratories offers defensive quality ballast as macro uncertainty suppresses risk appetite and elevates healthcare's appeal.
Healthcare
Aecom (ACM)
AECOM driven by risk-on rotation
Industrials
Aclaris Therapeutics, Inc. (ACRS)
ACRS is a watchlist-conviction name in Healthcare
Healthcare
adidas AG (ADDYY)
ADDDY faces interest rate pressure
Consumer Cyclical
Air T, Inc. (AIRT)
AIRT is a watchlist-conviction name in Industrials
Industrials
American Tower Corporation (AMT)
American Tower yields pressured
Real Estate
Amtech Systems, Inc. (ASYS)
ASYS driven by AI buildout
Technology
AtriCure, Inc. (ATRC)
ATRC faces valuation risk
Healthcare
Aviat Networks, Inc. (AVNW)
AVNW is a watchlist-conviction name in Technology
Technology
Brookfield Business Corporation (BBUC)
BBUC faces valuation risk amid macro uncertainty
Financial Services
BioCryst Pharmaceuticals, Inc. (BCRX)
BioCryst faces valuation risk
Healthcare
Bar Harbor Bankshares (BHB)
BHB faces macro headwinds
Financial Services
Blue Bird Corporation (BLBD)
Blue Bird Corporation faces yield pressure
Consumer Cyclical
BlackRock, Inc. (BLK)
BlackRock driven by risk-on rotation
Financial Services
Cass Information Systems, Inc. (CASS)
Cass Information Systems driven by risk-on rotation
Industrials
Chain Bridge Bancorp, Inc. (CBNA)
CBNA faces macro headwinds
Financial Services
Capital Bancorp, Inc. (CBNK)
CBNK faces growth challenges
Financial Services
CSX Corporation (CSX)
CSX is a watchlist-conviction name in Industrials
Industrials
Diversified Energy Company PLC (DEC)
DEC is a watchlist-conviction name in Energy
Energy
Dolby Laboratories, Inc. (DLB)
Dolby Laboratories faces valuation risk
Technology