Key Points Palantir continues to close millions of dollars in deals daily. The stock comes at a high valuation -- but it's not unprecedented. 10 stocks we like better than Palantir Technologies › I make no attempt to hide my appreciation for Palantir Technologies (NASDAQ: PLTR) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intellig...
Key Points Palantir continues to close millions of dollars in deals daily. The stock comes at a high valuation -- but it's not unprecedented. 10 stocks we like better than Palantir Technologies › I make no attempt to hide my appreciation for Palantir Technologies (NASDAQ: PLTR) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intelligence Platform (AIP), which incorporates large language models enabling users to interact with the company's powerful software and gain real-time insights across everything from supply chain to military intelligence. The results have been incredible. Look at Palantir's growth story since AIP came online in April 2023. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Year End-of-Year Stock Price Annual Gain (or Loss) 2020 $23.55 147.9% 2021 $18.21 (22.7%) 2022 $6.42 (64.7%) 2023 $17.17 167.4% 2024 $75.63 340.5% 2025 $177.75 135% 2026 (through March 17, 2026) $154.37 (13.1%) Even though Palantir (and many other tech stocks) are taking a bit of a breather so far this year, I'm convinced that the company's growth story is still in full swing. In fact, I'm such a Palantir stock bull that I'm able to overlook its one major flaw -- the valuation. The numbers aren't pretty Palantir currently trades at a price-to-earnings ratio of 243 -- a mind-numbing figure. Consider that Nvidia, which is perhaps the most successful company on Wall Street, has a P/E of just 37. That means that investors are paying a lot more for Palantir's earnings than they are for Nvidia's, even though Nvidia's graphics processing units helped it become the most valuable publicly traded company in the world. So, while investors are betting that Palantir will continue to increase its earnings in the future, they're running a risk that the company...
I make no attempt to hide my appreciation for Palantir Technologies (NASDAQ: PLTR) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intelligence Platform (AIP), which incorporates large language models enabling users to interact with the company's powerful software and gain real-time insights across everything from supply chain to mil...
I make no attempt to hide my appreciation for Palantir Technologies (NASDAQ: PLTR) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intelligence Platform (AIP), which incorporates large language models enabling users to interact with the company's powerful software and gain real-time insights across everything from supply chain to military intelligence. The results have been incredible. Look at Palantir's growth story since AIP came online in April 2023. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Year End-of-Year Stock Price Annual Gain (or Loss) 2020 $23.55 147.9% 2021 $18.21 (22.7%) 2022 $6.42 (64.7%) 2023 $17.17 167.4% 2024 $75.63 340.5% 2025 $177.75 135% 2026 (through March 17, 2026) $154.37 (13.1%) Data source: YCharts. Even though Palantir (and many other tech stocks) are taking a bit of a breather so far this year, I'm convinced that the company's growth story is still in full swing. In fact, I'm such a Palantir stock bull that I'm able to overlook its one major flaw -- the valuation. Image source: Getty Images. The numbers aren't pretty Palantir currently trades at a price-to-earnings ratio of 243 -- a mind-numbing figure. Consider that Nvidia, which is perhaps the most successful company on Wall Street, has a P/E of just 37. That means that investors are paying a lot more for Palantir's earnings than they are for Nvidia's, even though Nvidia's graphics processing units helped it become the most valuable publicly traded company in the world. So, while investors are betting that Palantir will continue to increase its earnings in the future, they're running a risk that the company is already badly overvalued. Even Palantir's forward P/E ratio of 116 is eye-watering compared to Nvidia, which has a forward P/E of just 22. But...
高盛在3月20日发布的最新一期旗舰宏观报告《Top of Mind》中警告称：当前全球资产仅对“通胀冲击”进行了充分定价，却完全无视了高昂能源成本对全球经济增长的毁灭性打击。 报告中写道，霍尔木兹海峡的“死结”意味着战争短期内极难结束，一旦市场预期被证伪，“增长下行（衰退）”将是即将掉落的第二只靴子，届时全球资产定价将迎来极其暴烈的反转。 基于危机的长期化风险，高盛已全面下调美国、欧元区等主要经济...
China’s artificial intelligence breakthroughs in recent years stemmed from the country’s strategic strengthening of its power grid, commitment to open-source models and complete manufacturing supply chain , according to Joe Tsai, chairman of Alibaba Group Holding. “Currently, geopolitical complexities are deeply affecting supply chain security and the sharing of technological achievements,” Tsai s...
China’s artificial intelligence breakthroughs in recent years stemmed from the country’s strategic strengthening of its power grid, commitment to open-source models and complete manufacturing supply chain , according to Joe Tsai, chairman of Alibaba Group Holding. “Currently, geopolitical complexities are deeply affecting supply chain security and the sharing of technological achievements,” Tsai said in a speech on Sunday at the China Development Forum 2026 in Beijing. “In this era and environment of uncertainty , China’s technology sector is both willing and capable of providing certainty.” Over the past decade, China had continuously increased investment in power transmission, with annual spending in recent years averaging US$90 billion – the highest in the world – leading to newly installed power generation capacity last year that was 10 times that of the US, he said. Advertisement “In the AI industry, which is extremely energy-intensive, such massive investment has directly translated into advantages in ample supply and [low] cost, forming a solid foundation for us,” Tsai said. The ultimate goal of developing AI was not to build the most cutting-edge models but to proliferate its application to benefit society, he said. Participants attend the China Development Forum in Beijing on March 22. Photo: Xinhua Tsai said open-source models had enabled China’s AI sector to break down barriers, “ensuring that AI is no longer the privilege of a few giants”. He added that widespread adoption would “drive shared global economic growth and improvements in living standards, achieving a win-win outcome”.
Key Points Privia Health's CFO sold 13,018 direct shares for approximately $283,000 over two days, at an average price of $21.71 per share. The sale represented 5.24% of the CFO's total direct holdings as of the transaction dates. 10 stocks we like better than Privia Health Group › David Mountcastle, EVP & Chief Financial Officer of Privia Health Group (NASDAQ:PRVA), reported the direct sale of 13...
Key Points Privia Health's CFO sold 13,018 direct shares for approximately $283,000 over two days, at an average price of $21.71 per share. The sale represented 5.24% of the CFO's total direct holdings as of the transaction dates. 10 stocks we like better than Privia Health Group › David Mountcastle, EVP & Chief Financial Officer of Privia Health Group (NASDAQ:PRVA), reported the direct sale of 13,018 shares over March 12 and March 13, 2026, for a total transaction value of approximately $283,000 according to a SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 13,018 Transaction value $283,000 Post-transaction shares (direct) 226,804 Post-transaction shares (indirect) 8,695 Post-transaction value (direct ownership) ~$4.92 million Transaction value based on SEC Form 4 weighted average purchase price ($21.71); post-transaction value based on March 13, 2026 market close ($21.68). Key questions What was the impact on Mountcastle’s ownership percentage and remaining share capacity? The transaction reduced his direct holdings by 5.24%, leaving Mountcastle with 226,804 directly held shares and a remaining direct ownership stake of 0.18% of the company’s outstanding shares as of the filing. The transaction reduced his direct holdings by 5.24%, leaving Mountcastle with 226,804 directly held shares and a remaining direct ownership stake of 0.18% of the company’s outstanding shares as of the filing. Were there any indirect or derivative mechanics involved in this transaction? No indirect or derivative securities were involved; the transaction consisted entirely of direct open-market sales, with indirect holdings (8,695 shares via spouse) unchanged by this filing. Company overview Metric Value Market capitalization $2.61 billion Revenue (TTM) $2.12 billion Net income (TTM) $22.92 million 1-year price change (as of 3/21/26) -10.15% Company snapshot Privia Health Group operates as a national physician-enablement company, supporting over 1,100 employees and ...
Paola M Arbour, a Board Director at Texas Capital Bancshares (TCBI +0.16%) sold 1,000 direct shares at $91.50 per share on March 11, 2026, according to the SEC Form 4 filing. Transaction summary Metric Value Shares traded 1,000 Transaction value $91,500 Post-transaction shares (direct) 6,671 Post-transaction value (direct ownership) $607,000 Transaction value based on SEC Form 4 reported price ($9...
Paola M Arbour, a Board Director at Texas Capital Bancshares (TCBI +0.16%) sold 1,000 direct shares at $91.50 per share on March 11, 2026, according to the SEC Form 4 filing. Transaction summary Metric Value Shares traded 1,000 Transaction value $91,500 Post-transaction shares (direct) 6,671 Post-transaction value (direct ownership) $607,000 Transaction value based on SEC Form 4 reported price ($91.50); post-transaction value based on March 11, 2026 market close ($90.92). Key questions How does this purchase compare to Arbour's historical trading activity? This buy represents the largest single transaction disclosed by Arbour in the past three years, as previous Form 4 filings since April 2023 were limited to administrative adjustments with zero shares traded. This buy represents the largest single transaction disclosed by Arbour in the past three years, as previous Form 4 filings since April 2023 were limited to administrative adjustments with zero shares traded. What proportion of Arbour's holdings did this transaction represent? The purchase increased her direct ownership by 17.63%, bringing her post-transaction direct holdings to 6,671 shares and no reported indirect or derivative exposure. Expand NASDAQ : TCBI Texas Capital Bancshares Today's Change ( 0.16 %) $ 0.15 Current Price $ 91.98 Key Data Points Market Cap $4.1B Day's Range $ 90.47 - $ 92.45 52wk Range $ 59.37 - $ 108.92 Volume 1.1M Avg Vol 471K Company overview Metric Value Revenue (TTM) $1.20 billion Net income (TTM) $312.99 million Price (as of market close March 21, 2026) $91.98 Company snapshot Texas Capital Bancshares is a leading regional bank holding company headquartered in Dallas, Texas, with a strong presence across the state. The company offers a comprehensive suite of commercial and consumer banking products, including deposit accounts, commercial and real estate loans, mortgage finance, equipment leasing, and wealth management services. It generates revenue primarily through net interest i...
Brendon McCullum has been told he must improve relations with the counties after being backed to stay on as England coach despite this winter’s 4-1 Ashes defeat. The Guardian revealed the day after England’s T20 World Cup exit three weeks ago that McCullum would continue, a decision that will be confirmed on Monday by the England and Wales Cricket Board chief executive Richard Gould and managing d...
Brendon McCullum has been told he must improve relations with the counties after being backed to stay on as England coach despite this winter’s 4-1 Ashes defeat. The Guardian revealed the day after England’s T20 World Cup exit three weeks ago that McCullum would continue, a decision that will be confirmed on Monday by the England and Wales Cricket Board chief executive Richard Gould and managing director of men’s cricket, Rob Key. Gould and Key will also outline the details of the ECB’s post-Ashes review and the reasons for keeping faith with McCullum following England’s humbling in Australia. As reported earlier this month, key to McCullum’s survival has been the New Zealander’s agreement to adopt a more rigorous approach to training and preparation during the World Cup in India and Sri Lanka, where a midnight curfew was introduced, a change of approach that will be expected to continue. In addition, the ECB has made clear to McCullum that more effort should be made to build good relationships with the counties, many of whom feel marginalised by the coach’s approach to selection. The Surrey head coach Gareth Batty appeared to speak for many in the game last week when he said that the pathway between county and international cricket had become “misted over”, despite the fact that five Surrey players were on the Ashes tour, with three in England’s T20 World Cup squad. Key has taken the first step by inviting the 18 county directors of cricket to Lord’s for a meeting next week to discuss their selection strategy, which will also be attended by the ECB’s performance director, Ed Barney. The ECB is also in the process of appointing a new national selector to replace Luke Wright, who stood down after the World Cup for personal reasons. One potential improvement to the current model that is being considered is to appoint liaison officers from within the counties to hold regular talks over selection with Key, McCullum and the new national selector.
Key Points Brookfield Renewable has hiked its dividend by at least 5% every year since 2011. ExxonMobil has grown its dividend for 43 consecutive years. Enterprise Products Partners has increased its high-yielding payout for 27 years in a row. 10 stocks we like better than Enterprise Products Partners › The energy sector can be volatile. We've seen that in the past year. Crude oil prices slumped l...
Key Points Brookfield Renewable has hiked its dividend by at least 5% every year since 2011. ExxonMobil has grown its dividend for 43 consecutive years. Enterprise Products Partners has increased its high-yielding payout for 27 years in a row. 10 stocks we like better than Enterprise Products Partners › The energy sector can be volatile. We've seen that in the past year. Crude oil prices slumped last year before going hyperbolic in 2026 due to the war with Iran. However, despite energy price volatility, the sector can still be a great place to generate reliable dividend income. Here are three top energy dividend stocks to buy for durable income in 2026 and beyond. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Brookfield Renewable Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) has been a very reliable dividend stock since its public market listing in 2011. The leading global renewable energy producer has increased its dividend by at least 5% each year since going public. The payout currently yields nearly 4%, several times more than the S&P 500's 1.2% dividend yield. The top renewable energy dividend stock expects to increase its high-yielding payout by 5% to 9% annually over the long term. Several factors support that view. Brookfield Renewable generates stable and growing cash flow. It has contracted 90% of its capacity under long-term, fixed-rate power purchase agreements, the bulk of which link rates to inflation (70% of its revenues). Brookfield is also investing heavily to continue expanding its portfolio to support surging demand for renewable energy. The company expects to grow its funds from operations per share by more than 10% annually through at least 2031, easily supporting its dividend growth plan. ExxonMobil ExxonMobil (NYSE: XOM) is one of the world's best dividend payers. The globa...
I make no attempt to hide my appreciation for Palantir Technologies (PLTR 3.29%) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intelligence Platform (AIP), which incorporates large language models enabling users to interact with the company's powerful software and gain real-time insights across everything from supply chain to milit...
I make no attempt to hide my appreciation for Palantir Technologies (PLTR 3.29%) stock. The data analytics company has been one of the best stocks in the market since it unveiled its Artificial Intelligence Platform (AIP), which incorporates large language models enabling users to interact with the company's powerful software and gain real-time insights across everything from supply chain to military intelligence. The results have been incredible. Look at Palantir's growth story since AIP came online in April 2023. Year End-of-Year Stock Price Annual Gain (or Loss) 2020 $23.55 147.9% 2021 $18.21 (22.7%) 2022 $6.42 (64.7%) 2023 $17.17 167.4% 2024 $75.63 340.5% 2025 $177.75 135% 2026 (through March 17, 2026) $154.37 (13.1%) Even though Palantir (and many other tech stocks) are taking a bit of a breather so far this year, I'm convinced that the company's growth story is still in full swing. In fact, I'm such a Palantir stock bull that I'm able to overlook its one major flaw -- the valuation. The numbers aren't pretty Palantir currently trades at a price-to-earnings ratio of 243 -- a mind-numbing figure. Consider that Nvidia, which is perhaps the most successful company on Wall Street, has a P/E of just 37. That means that investors are paying a lot more for Palantir's earnings than they are for Nvidia's, even though Nvidia's graphics processing units helped it become the most valuable publicly traded company in the world. So, while investors are betting that Palantir will continue to increase its earnings in the future, they're running a risk that the company is already badly overvalued. Even Palantir's forward P/E ratio of 116 is eye-watering compared to Nvidia, which has a forward P/E of just 22. But notably, Palantir's extreme valuation is beginning to moderate. Just a year ago, the P/E was north of 600. Here's why I'm not worried about Palantir's valuation What's happening with Palantir isn't unprecedented. Remember that Amazon had a P/E of more than 1,000 for a sh...
It's been quite the last month for Bitcoin (CRYPTO: BTC). Over the past 30 days, the world's leading cryptocurrency has surged more than 35%, building enough momentum to smash through the coveted $100,000 mark -- a milestone many longtime investors anticipated. For those who have been in the Bitcoin game for years, this achievement likely feels like vindication. But for new, prospective investors,...
It's been quite the last month for Bitcoin (CRYPTO: BTC). Over the past 30 days, the world's leading cryptocurrency has surged more than 35%, building enough momentum to smash through the coveted $100,000 mark -- a milestone many longtime investors anticipated. For those who have been in the Bitcoin game for years, this achievement likely feels like vindication. But for new, prospective investors, the recent price action may spark a nagging sense of FOMO, or fear of missing out. If this sounds like you, here's the good news: It's probably not too late to invest in Bitcoin. However, there are things you need to know first. The case for Bitcoin's continued growth At first glance, it might seem like Bitcoin has little room to grow beyond $100,000. But history tells a different story. It's known for its cyclical nature, following a four-year pattern tied to its halving events. These halvings, which reduce Bitcoin's inflation rate by cutting mining rewards in half, have historically been significant catalysts for price increases. We're currently in the third year of this cycle -- the halving year itself. Historically, this year sets the stage for the crypto's strongest price movements, which typically occur in the year following the halving. It might sound hard to believe that Bitcoin can follow a predictable pattern, but so far, its trajectory over the last few years aligns closely with exactly what it's done in the past. After a harsh bear market in 2022, investors began accumulating it during 2023. Now, in the halving year of 2024, the market is seeing substantial gains, with the potential for even greater price action in 2025. Look back at the data, and you will see exactly what I'm talking about. Why patience is key While 2025 has the potential to deliver notable gains, newcomers need to understand that the best opportunities often arise during the quieter, earlier stages of its cycles. Current price levels suggest that we may be closer to the peak of this bull mark...
Nigerian Researchers Accidentally Confirm Africa's Low IQ Problem For many years the political left has dismissed all discussion about links between third world populations and low intelligence as "racism" and "xenophobia". The well documented fact that low IQ populations are more inclined towards lack of impulse control and a higher crime rate does not matter to progressives. They assert that suc...
Nigerian Researchers Accidentally Confirm Africa's Low IQ Problem For many years the political left has dismissed all discussion about links between third world populations and low intelligence as "racism" and "xenophobia". The well documented fact that low IQ populations are more inclined towards lack of impulse control and a higher crime rate does not matter to progressives. They assert that such claims are based on "rigged" and "biased" data. For example, the data on Somalia's low median IQ (which is 67 and far below the western average of 100) is often criticized as "incomplete" because the data is usually taken from refugees and migrants leaving the country rather than a population sample from within the country. However, populations in neighboring countries like Djibouti or Ethiopia have nearly identical test results. It is simply a fact that IQ is largely genetic (around 80% of testing outcome). The rest is a matter of varied experiences and environment. This does not mean that a "disadvantaged" childhood results in a lower IQ score. In fact, high IQ individuals often come from significant struggles and studies on top "high achievers" show that around 75% of them come from difficult backgrounds including extreme poverty. The leftist arguments against IQ as a qualifier for immigration are built around feelings rather than facts. And when it comes to progressives and globalists with an agenda, it is obvious that they prefer third world immigration for the exact reason that these people are habitually impulsive and ready to wreak havoc on western society. That's the outcome the "Multiculturalists" want. A recent randomized study by researchers in Nigeria was designed to prove the western conception of sub-Saharan Africa wrong: They believed that Africa's average IQ was much higher than older data claimed. But, the ultimate outcome of their testing simply reinforced what everyone else already knows. Only 3% of participants scored above the western average of 100....
watch now VIDEO 2:26 02:26 Investors pivot to hard luxury assets Markets and Politics Digital Original Video When the gavel came down in December, Christie's had set a record that created a buzz in the auction world. A Tiffany & Co. necklace adorned with a sparkling blue Paraiba tourmaline gem and diamonds sold for more than $4.2 million, 10 times its low estimate. A matching pair of earrings hit ...
watch now VIDEO 2:26 02:26 Investors pivot to hard luxury assets Markets and Politics Digital Original Video When the gavel came down in December, Christie's had set a record that created a buzz in the auction world. A Tiffany & Co. necklace adorned with a sparkling blue Paraiba tourmaline gem and diamonds sold for more than $4.2 million, 10 times its low estimate. A matching pair of earrings hit the block next, and it too sold for 10 times its estimate. A 13.54 carat Paraiba-type tourmaline and diamond necklace by Tiffany & Co. sold at a Christie's auction in New York last December for $4.2 million, 10 times its low estimate. Courtesy: CHRISTIE'S IMAGES LTD. 2026 "I think that was really a marker for how far private clients are willing to go for these exceptional goods," said Jacqueline DiSante, vice president and head of sales of Christie's New York jewelry division. Amid economic and geopolitical uncertainty, a certain class of consumers are turning toward an unlikely asset class — jewelry. The trend comes as investors increasingly flock to tangible assets. For ultrarich consumers, colored gemstones such as rubies, sapphires and emeralds are especially popular right now. "Whenever you have macroeconomic volatility … the appeal of hard asset investing goes up," said Thorne Perkin, president of investment management firm Papamarkou Wellner Perkin. "Tangible assets, they tend to retain their value or even increase when inflation rises." Mario Ortelli, a managing partner at strategic and M&A advisor Ortelli&Co., agreed with Perkin's take, saying that there was clearly a "defensive element" to the trend. "In periods of inflation, geopolitical tension, or financial market volatility, tangible assets become more attractive," he said in an email. "Branded jewelry can function as a portable store of value." "Unlike fashion accessories that are tied to seasonal cycles, iconic jewelry collections have a much longer product life cycle," he added. "In many cases, they also de...
Getty Images Introduction Recently, we've been hearing a lot about artificial intelligence and how much it will impact the overall economy. While the rapid adoption of AI will likely benefit us long-term, there's no denying that it has and will continue to cause disruption. However, certain sectors and companies will fare well as their business models are less impacted by the threat of AI. In this...
Getty Images Introduction Recently, we've been hearing a lot about artificial intelligence and how much it will impact the overall economy. While the rapid adoption of AI will likely benefit us long-term, there's no denying that it has and will continue to cause disruption. However, certain sectors and companies will fare well as their business models are less impacted by the threat of AI. In this article, I discuss two stocks that won't likely be impacted by AI, and why income investors should consider them for their portfolios. The AI Impacts Are Real Depending on your job, you may be worried about if artificial intelligence will replace you. For some, AI will have minimal impact due to their specialties and industries. If you're a nurse, doctor, or farmer, then you're likely to see less negative impact. But others may not be so lucky. For example, I have a family member who's currently a data analyst. I've made jokes with him about how AI will likely replace him in the near future. While I have no absolute answer if it will or not, his industry makes him highly susceptible to being replaced. Shortly before I retired from the U.S. Navy, I was a maintenance manager for a riverine squadron. After seeing my resume on LinkedIn, I was contacted by an Amazon ( AMZN ) recruiter for a potential job. In short, Amazon was building a new warehouse and wanted me to lead their robotics maintenance team of 90 personnel. Although I never got the actual job, I assumed that robots would be doing most of the work, likely eliminating the need for humans. Going forward, businesses like Amazon will continue to adopt AI, eliminating hundreds of thousands of existing jobs in the coming years. This ultimately will be for cost efficiency purposes. According to the Bureau of Labor Statistics , below are a few examples of jobs that will see impacts from AI through 2033. Many well-known companies have already started reducing their workforces. U.S. Bureau of Labor Statistics If you're an inv...
Gert Hilbink/iStock via Getty Images Introduction In recent days, we have spent a lot of time discussing the war in Iran and the risks this brings for the economy and the stock market. If I had to summarize it in a few lines, I would say that the main risk is runaway inflation that makes it impossible for the Fed to cut rates, puts pressure on the consumer, and likely ends the growth acceleration ...
Gert Hilbink/iStock via Getty Images Introduction In recent days, we have spent a lot of time discussing the war in Iran and the risks this brings for the economy and the stock market. If I had to summarize it in a few lines, I would say that the main risk is runaway inflation that makes it impossible for the Fed to cut rates, puts pressure on the consumer, and likely ends the growth acceleration trend we have been witnessing in the first two months of this year. In fact, going into this year, S&P 500 corporations were doing quite well, as the chart below shows. FactSet As the market trades at roughly 21x forward earnings, the margin of error is slim. While I have “always” said that double-digit growth S&P 500 EPS growth expectations support this valuation, the aforementioned factors could easily create an earnings recession. Hence, if the “E” in the P/E ratio drops, the stock market can still be expensive after a correction. That’s the biggest risk here. However, while I'm fully aware of these risks, I have also made the case that I'm not playing it safe. Instead, I'm doing what I have been doing for years, which is buying cyclical value at a discount. While this has now turned into a “binary” market where the outcome is likely either very bullish or very bearish, I like the long-term risk/reward that comes with buying America’s highest-quality compounders and dividend growers. One reason for that is my view that we're still in a cyclical upswing. Unless the war in Iran escalates and no solution is found for the energy problem (i.e., Strait of Hormuz problems), I think we will continue to see upward momentum in leading indicators and broadening growth. With that said, this article isn’t about that. In this article, I’ll zoom out even further, as this is about the even bigger “Big Picture.” See, as bullish as I am on cyclical value due to the growth recovery we saw in the ISM Manufacturing Index and other indices, I'm even more bullish on a long-term basis due to th...