Everyone wants to own NVIDIA (NASDAQ:NVDA). Almost nobody talks about who pours the concrete, runs the wires, and keeps the chips from melting. That’s where we’ve been spending most of our research time over the past 18 months, and three names keep surfacing: Eaton, Vertiv, and Quanta Services. Here’s the setup. AI hyperscalers are now ... The Boring Sector Quietly Powering the Entire AI Revolutio...
Everyone wants to own NVIDIA (NASDAQ:NVDA). Almost nobody talks about who pours the concrete, runs the wires, and keeps the chips from melting. That’s where we’ve been spending most of our research time over the past 18 months, and three names keep surfacing: Eaton, Vertiv, and Quanta Services. Here’s the setup. AI hyperscalers are now ... The Boring Sector Quietly Powering the Entire AI Revolution
Sundry Photography/iStock Editorial via Getty Images Thesis I am a Hold on Western Digital ( WDC ). It has been drawn into the undeniable storage supercycle by AI, and its latest quarter was a truly great set of numbers. The only problem with the growth story here is that most of this has already been priced into the stock. Trading at just under 31–34x forward earnings, one would expect WDC's valu...
Sundry Photography/iStock Editorial via Getty Images Thesis I am a Hold on Western Digital ( WDC ). It has been drawn into the undeniable storage supercycle by AI, and its latest quarter was a truly great set of numbers. The only problem with the growth story here is that most of this has already been priced into the stock. Trading at just under 31–34x forward earnings, one would expect WDC's valuation to be a lot more robust than something that is still principally a cyclical business. For current shareholders, the thesis isn't wrong; it just needs to be given some more time. For potential investors, I see a lot more downside than upside from these levels without a significant correction or additional earnings validation. Company Overview Western Digital is one of the world's largest manufacturers of hard drives for enterprise, cloud, and consumer markets . Since its sale of its flash memory business, the firm is the purest of pure-play HDD companies, with a heavy tilt towards the data center. It has also become far more focused in its identity: WDC is no longer a storage reseller and manufacturer conglomerate but solely a provider of high-capacity nearline drives , which is precisely the sort of thing that AI infrastructure will require in vast quantities. 89% of WDC's sales now come from cloud customers, with order books running through 2027 and 2028 with irreducible buy-side commitments from the biggest hyperscalers. That sort of guidance is extremely unusual in hardware, and it is the backbone of the bullish case. Financial Performance and Qualitative Analysis The numbers from Q3 2026 are quite clear. Revenue was $3.34 billion, up a massive 45 percent year over year (YoY). Adjusted EPS was $2.72, beating consensus estimates of $2.36 (roughly a 15 percent beat) and nearly doubling YoY. Non-GAAP gross margin was 50.5 percent, with operating margins at a ridiculous 38.6 percent. That's insanely high for an HDD manufacturer. The free cash flow for the quarter was a...
Palo Alto Networks (NASDAQ:PANW) is positioned as a long-duration compounder because cybersecurity has crossed the line from corporate luxury into non-discretionary utility, and the company sits at the center of that permanent shift. Hackers don’t take time off when the economy slows down, and enterprises are now consolidating fragmented security stacks onto integrated, AI-driven platforms. ... A ...
Palo Alto Networks (NASDAQ:PANW) is positioned as a long-duration compounder because cybersecurity has crossed the line from corporate luxury into non-discretionary utility, and the company sits at the center of that permanent shift. Hackers don’t take time off when the economy slows down, and enterprises are now consolidating fragmented security stacks onto integrated, AI-driven platforms. ... A Once-in-a-Generation Megatrend Makes This Cybersecurity Stock a High-Conviction Buy for the Next 20
Michael Parekh discusses Nvidia's latest earnings, highlighting 85% revenue growth and a strong outlook. He explains why the stock's reaction was muted despite the impressive numbers and addresses the impact of China's market and the future of AI infrastructure spending.
Michael Parekh discusses Nvidia's latest earnings, highlighting 85% revenue growth and a strong outlook. He explains why the stock's reaction was muted despite the impressive numbers and addresses the impact of China's market and the future of AI infrastructure spending.
Vertex Pharmaceuticals (NASDAQ:VRTX) screens as a long-duration compounder because it sits on a global monopoly in cystic fibrosis therapies that generates substantial free cash, while Wall Street prices it closer to a generic large-cap biotech than to the cash-flow compounder its financials describe. For a retirement-focused investor who has been burned chasing momentum, this is ... Got $5,000? 1...
Vertex Pharmaceuticals (NASDAQ:VRTX) screens as a long-duration compounder because it sits on a global monopoly in cystic fibrosis therapies that generates substantial free cash, while Wall Street prices it closer to a generic large-cap biotech than to the cash-flow compounder its financials describe. For a retirement-focused investor who has been burned chasing momentum, this is ... Got $5,000? 1 Cash-Flow King to Buy and Hold Forever That Wall Street Is Completely Mispricing
Alphabet's surprise $80 billion capital raise sparked debate, but Jefferies Equity Research Analyst Brent Thill says it's a power move, not a rescue mission. He joins Bloomberg Open Interest to explain why Google is racing ahead of potential OpenAI, Anthropic and SpaceX IPOs, why AI spending could exceed $1 trillion annually and how the AI boom could fundamentally reshape corporate hiring and inve...
Alphabet's surprise $80 billion capital raise sparked debate, but Jefferies Equity Research Analyst Brent Thill says it's a power move, not a rescue mission. He joins Bloomberg Open Interest to explain why Google is racing ahead of potential OpenAI, Anthropic and SpaceX IPOs, why AI spending could exceed $1 trillion annually and how the AI boom could fundamentally reshape corporate hiring and investment decisions. (Source: Bloomberg)
EasyJet's rejection of a reported Castlelake takeover approach sparks a bigger debate: Are UK-listed companies undervalued? Bloomberg's Silas Brown joins Bloomberg Open Interest to explain why a private credit giant is interested in aviation deals and reveals that private credit markets remain flooded with cash despite growing geopolitical and inflation concerns. (Source: Bloomberg)
EasyJet's rejection of a reported Castlelake takeover approach sparks a bigger debate: Are UK-listed companies undervalued? Bloomberg's Silas Brown joins Bloomberg Open Interest to explain why a private credit giant is interested in aviation deals and reveals that private credit markets remain flooded with cash despite growing geopolitical and inflation concerns. (Source: Bloomberg)
Nike (NYSE:NKE) stock has disappointed investors for years. According to one guest on Barron’s Streetwise podcast with Jack Hough, the underlying brand tells a very different story. The guest pointed to consumer survey data showing that roughly 95% of people agree with the statement “Nike is a brand for me.” Meanwhile, no other major consumer ... Nike Analyst: ‘95% of People Say Nike Is a Brand fo...
Nike (NYSE:NKE) stock has disappointed investors for years. According to one guest on Barron’s Streetwise podcast with Jack Hough, the underlying brand tells a very different story. The guest pointed to consumer survey data showing that roughly 95% of people agree with the statement “Nike is a brand for me.” Meanwhile, no other major consumer ... Nike Analyst: ‘95% of People Say Nike Is a Brand for Me’ – No Other Brand Gets Above 60%
MongoDB CEO CJ Desai joined Bloomberg Open Interest to break down how AI could become a massive growth driver for the company. He says that every AI application needs a scalable data layer and reveals that his software company added 2,500 customers last quarter while targeting thousands more in the year ahead. (Source: Bloomberg)
MongoDB CEO CJ Desai joined Bloomberg Open Interest to break down how AI could become a massive growth driver for the company. He says that every AI application needs a scalable data layer and reveals that his software company added 2,500 customers last quarter while targeting thousands more in the year ahead. (Source: Bloomberg)
jetcityimage/iStock Editorial via Getty Images Sherwin-Williams ( SHW ) shares were little changed Tuesday after UBS downgraded the paint and coatings maker to Neutral from a previous investment rating of Buy, saying that a prolonged housing downturn and uncertainty surrounding potential acquisitions could limit the stock's upside over the next several years. UBS analyst Joshua Spector cut his 12-...
jetcityimage/iStock Editorial via Getty Images Sherwin-Williams ( SHW ) shares were little changed Tuesday after UBS downgraded the paint and coatings maker to Neutral from a previous investment rating of Buy, saying that a prolonged housing downturn and uncertainty surrounding potential acquisitions could limit the stock's upside over the next several years. UBS analyst Joshua Spector cut his 12-month price target to $330 from $385, saying the company remains highly leveraged to a recovery in U.S. housing activity, but that such a rebound appears further away than previously expected. For investors, the downgrade underscores growing concerns that Sherwin-Williams ( SHW ) may face a longer period of muted earnings growth despite its dominant position in architectural paints. The company has historically commanded a premium valuation because of its pricing power and extensive store network, but a sluggish housing market and the prospect of increased leverage from acquisitions could weigh on the shares in the near term. UBS now forecasts adjusted earnings per share to grow at roughly a 5% compound annual rate over the next two years, with stronger growth not expected until 2028 or later. The firm estimates Sherwin-Williams ( SHW ) will earn $12.60 per share in 2027, about 5% below Wall Street consensus. The report says elevated mortgage rates and home prices continue to suppress housing affordability, keeping existing-home sales near trough levels. Because Sherwin-Williams ( SHW ) derives the majority of its earnings from its Paint Stores Group, which is closely tied to residential repainting and housing turnover, a delayed housing recovery could postpone a more meaningful acceleration in profits. While UBS believes Sherwin-Williams has continued to gain market share and retains strong pricing power, the analyst said pricing increases are largely being used to offset inflation and higher costs rather than driving substantial earnings growth. The firm expects only mode...
In trading on Tuesday, the SPDR S&P Semiconductor ETF is outperforming other ETFs, up about 5.7% on the day. Components of that ETF showing particular strength include shares of Marvell Technology, up about 27.3% and shares of Penguin Solutions, up about 20.4% on the day.
In trading on Tuesday, the SPDR S&P Semiconductor ETF is outperforming other ETFs, up about 5.7% on the day. Components of that ETF showing particular strength include shares of Marvell Technology, up about 27.3% and shares of Penguin Solutions, up about 20.4% on the day.
In trading on Tuesday, application software shares were relative laggards, down on the day by about 3%. Helping drag down the group were shares of ODDITY Tech, down about 30.3% and shares of Verra Mobility down about 15.9% on the day. Also lagging the market Tuesday are biotec
In trading on Tuesday, application software shares were relative laggards, down on the day by about 3%. Helping drag down the group were shares of ODDITY Tech, down about 30.3% and shares of Verra Mobility down about 15.9% on the day. Also lagging the market Tuesday are biotec
Stewart Information Services today announced that its Board of Directors declared a cash dividend of $0.525 per share for the second quarter 2026, payable June 30, 2026, to common stockholders of record on June 15, 2026. Essential Properties Realty Trust announced today that it
Stewart Information Services today announced that its Board of Directors declared a cash dividend of $0.525 per share for the second quarter 2026, payable June 30, 2026, to common stockholders of record on June 15, 2026. Essential Properties Realty Trust announced today that it