Today's Stock Investing Pulse
Devon Energy’s $8B Marcellus Asset Offer Signals Aggressive Growth Post-Merger
Devon Energy completed its merger with Coterra, creating a larger diversified oil and gas operator. Stone Ridge Asset Management has signaled an $8 billion opening offer for Devon’s Marcellus assets, and the combined company expects to lift its dividend by roughly 30%.
IonQ Forecasts $225‑$245 Million Revenue in 2026 as Quantum Market Matures
IonQ Inc. projected 2026 revenue of $225‑$245 million, citing a growing customer base, an expanded product portfolio and a $370 million backlog. The outlook reflects the company’s strong cash position and its push toward a 256‑qubit system as the quantum computing market accelerates.
Telsey Lowers Lands’ End, Inc. (LE) PT Following Slightly Weaker-Than-Expected Q4 Results
Telsey Advisory lowered Lands’ End’s price target to $20 from $25 after the retailer posted fourth‑quarter results that fell slightly short of expectations. Revenue rose 4.7% year‑over‑year to $462.4 million, driven by strong U.S. digital and e‑commerce sales, while SG&A expenses...
Bath & Body Works, Inc. (BBWI): Deep Value Speciality Retailer
Bath & Body Works (BBWI) trades at a deep‑value discount, with an Intrinsic Value to Price (IV/P) ratio of 1.30 and an Acquirer’s Multiple of 6.70. The specialty retailer generates $865 million of free cash flow, supporting debt service, share repurchases,...
Nomura Cuts India Rating to Neutral, Urges Shift to Korea and China Amid Oil Spike
Nomura has downgraded Indian equities to Neutral from Overweight, warning that soaring energy costs, AI lag and a slowdown in domestic inflows could pressure valuations. The broker also flagged $61.2 bn of foreign outflows and suggested investors re‑allocate to Korean equities,...
Sleep Soundly: Grow Portfolio without Stock Picking
If I wanted to grow my portfolio without picking a single stock and still sleeping well at night, here's exactly what I'd do. (No gatekeeping)
Citizens Financial Rises Nearly 42% in a Year: Is It Worth Buying Now?
Citizens Financial Group (CFG) shares have surged 41.5% over the past year, far outpacing the regional‑bank sector’s 19% gain. The rally is driven by an aggressive wealth‑management push, including the Citizens Private Bank, which targets $18‑$20 billion in deposits and $16‑$20 billion...
Portfolio Review | March 2026 (+2%, +40% YTD)
In March 2026 the equity market experienced a sharp decline driven by political uncertainty surrounding former President Trump’s policy legacy. The sell‑off sparked a wave of bearish sentiment that even inspired meme‑driven commentary on social platforms. Despite the broader downturn,...
QQQI And QQQ: The Ultimate AI Growth And Income Combo
Invesco QQQ Trust (QQQ) delivers broad exposure to AI‑driven tech leaders, while the NEOS Nasdaq‑100 High Income ETF (QQQI) adds a 14.1% distribution yield through an option‑overlay strategy. QQQI tends to underperform QQQ in strong up‑trends and can suffer NAV...
Here's How Much You Would Have Made Owning L3Harris Technologies Stock In The Last 10 Years
L3Harris Technologies (NYSE:LHX) delivered a 4.37% annualized outperformance over the past decade, generating an average annual return of 16.62%. The defense contractor’s market capitalization now stands at roughly $66.5 billion. A $1,000 investment ten years ago would be worth about $4,743...
2 Healthcare Dividend Stocks to Buy as the Tech-Heavy Nasdaq Dips Below Correction Territory
The Nasdaq’s recent dip into correction territory has renewed focus on defensive, dividend‑paying healthcare stocks. Analysts highlight AbbVie and Amgen as attractive options, citing strong product pipelines, robust margins, and yields above 2.7%. AbbVie’s immunology drugs Skyrizi and Rinvoq are...
FLTW: An AI Infra Bet Dressed Up As An EM ETF
Franklin FTSE Taiwan ETF (FLTW) offers exposure to Taiwan’s semiconductor and AI infrastructure sector, with more than 70% of assets in technology and a 21.7% weighting to Taiwan Semiconductor Manufacturing Company (TSMC). The fund trades at a forward price‑to‑earnings multiple...
Cal-Maine Foods Beats Q3 Earnings Forecast, Shares Jump Over 5% Amid Market Weakness
Cal-Maine Foods reported Q3 net income of $50.5 million, far above the $0.89‑per‑share consensus, while revenue fell 53% to $667 million. The beat sent the stock up more than 5% on the day, offering a rare earnings‑driven rally in a soft market.
UK VCTs Brace for Record ISA Inflows as Tax Relief Drops to 20%
Chancellor Rachel Reeves announced that income‑tax relief for Venture Capital Trusts will fall from 30% to 20% in April, prompting a surge of ISA‑eligible investments. Platforms report a 21% jump in VCT buying, while industry leaders warn of a £500 million...
Lipocine Shares Plunge 78% After Phase 3 Oral Brexanolone Trial Misses Primary Endpoint
Lipocine Inc.'s stock fell 78% to $2.00 after its Phase 3 placebo‑controlled trial of oral brexanolone (LPCN 1154) missed the primary efficacy endpoint for postpartum depression. The company said it will preserve capital and engage stakeholders to evaluate next steps, underscoring...
Morgan Stanley’s Defensive Playbook for Spiking Oil Prices Amid Iran War
Morgan Stanley is urging investors to adopt a defensive stance as the Iran‑Israel conflict pushes oil prices sharply higher. West Texas Intermediate futures surged more than 11% to $111.54 per barrel, the highest close since June 2022, while Brent rose...
Defy Base Rates Only When Conviction Is Proven
"If you have a strong conviction that they're gonna do something other than the base rate, then you better be very, very good in making that assumption or calculation." Base rates usually win. But the great companies defy them. I thought...
![[NEW] Cliff Note #138: An Aerospace Supplier with a Decade of Aircraft Backlogs and a Generational Defence Spending Surge](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://substackcdn.com/image/fetch/$s_!vD14!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F063eafec-fa90-4003-8987-7401ddb62ff2_512x512.png)
[NEW] Cliff Note #138: An Aerospace Supplier with a Decade of Aircraft Backlogs and a Generational Defence Spending Surge
A leading aerospace parts supplier that serves Boeing, Airbus and major defense primes is riding a dual tailwind of a ten‑year, roughly 15,000‑aircraft backlog and a resurgence in global defence spending as NATO allies pledge 3.5% of GDP. Gross margins...
SpaceX IPO at $1.75 Trillion... Can It Be Justified?
SpaceX is reportedly preparing an initial public offering that would value the company at roughly $1.75 trillion, dwarfing any previous aerospace listing. The filing, disclosed by Reuters, suggests the rocket maker aims to raise billions to accelerate Starship development and its...
Visa at $299: Strong Fundamentals Signal Buy
Deep Dive Full Thesis: Is VISA a BUY at $299? Visa just hit its 52-week low at $299, despite record Q1 revenue and a rock-solid 4.1% FCF yield. This is one of my all-time favorite companies: a true cash-printing machine with an...
Analyst Report: BJ's Wholesale Club Hldg Inc
BJ's Wholesale Club reported FY26 revenue of $21.5 billion, positioning itself between traditional grocery stores and warehouse giants like Costco. Membership fees, while only 2.3% of total sales, delivered 61% of operating income, highlighting a high‑margin subscription model. The chain operates...
GE Vernova Vs. First Solar: Oil Above $100 Just Changed Everything for This Trade
Oil prices breaking $100 per barrel in March 2026 have shifted energy markets toward reliability and security. GE Vernova, with a $200 billion equipment backlog and an $85 billion services backlog, is positioned to benefit from this trend. In contrast, First Solar’s...
Fed Model Returns: Rates Matching Equities Threaten Stocks
One of my main themes since the rate reset in 2022 is that the Fed model is “back.” The Fed model, popularized by Alan Greenspan during the 1980’s, holds that when the risk-free rate (Treasuries) is competitive with risky assets...
1 Multibagger Investment Opportunity I'm Eyeing in April
Nebius Group, a neocloud AI infrastructure provider, announced a strategic partnership with Nvidia that gives it early access to the latest GPU technology. The company reported explosive Q4 growth, with total revenue up 547% and its AI segment soaring 802%,...
Short‑Term Losses Mask Long‑Term Defense Innovation Gains
Given reports this week that Pete Hegseth tried to buy defense stocks prior to launching the Iran war, much attention has been paid to the failure of that trade. The index he attempted to buy, IDEF, has fallen ~13% over...
Morgan Stanley Defends Memory Stocks Including Sandisk Corporation (SNDK)
Morgan Stanley issued a research note on March 26 defending memory stocks, spotlighting Sandisk Corp (NASDAQ:SNDK). The firm raised Sandisk's price target from $483 to $690 and kept a Buy rating, despite a 20.2% share decline since March 19. Analysts...
William Blair Downgrades Adobe (ADBE) to Market Perform, Lowers PT
William Blair analyst Arjun Bhatia downgraded Adobe (ADBE) to Market Perform on March 26, cutting the price target from $423 to $237. The downgrade reflects growing competitive pressure in Adobe’s Creative Cloud segment from fast‑growing rivals such as Figma and...
Booking Holdings Inc. (BKNG): Billionaire Ray Dalio Likes This Travel Company
Bridgewater Associates, led by billionaire Ray Dalio, has dramatically increased its stake in Booking Holdings, now owning over 2 million shares after a 100% jump in Q1 2025. The travel giant is preparing a 25‑for‑1 stock split on April 6 2026, which could...
Unilever (UL) Supported by Expected Volume Growth Recovery
Unilever (UL) is flagged as an oversold European stock, prompting TD Cowen to reiterate its Buy rating with a price target of £58 (about $73). The firm expects the market to recognize a rebound in volume growth, projecting a modest 2%...
SAP SE (SAP) Downgraded on Slowing Cloud Backlog Growth
JPMorgan downgraded SAP SE from Overweight to Neutral on March 24, citing a slowdown in the company’s current cloud backlog and growing strategic uncertainty. The downgrade reflects a shift from earlier optimism about accelerating revenue and margin expansion. Analysts highlighted...
5 Small Drug Stocks to Buy as Sector Recovery Gains Strength
Zacks highlights five small‑cap drug stocks—Indivior, Catalyst, Theravance, Relmada and Avalo—as attractive bets amid a sector recovery that began mid‑2025. Innovation in obesity, gene therapy and AI‑enabled discovery, together with steady M&A and improving pipelines, underpin a constructive 2026 outlook....
VPU Is Up 7% While the S&P 500 Falls, and the Data Center Story Makes It More Compelling
The Vanguard Utilities ETF (VPU) is up about 7% year‑to‑date, contrasting with a 7% decline in the S&P 500. Its performance is driven by top holdings such as NextEra Energy, Southern Company and Duke Energy, which are signing long‑term power‑purchase agreements...
Paycom (PAYC) Boosts Buybacks to Support Share Price
Paycom Software announced it has $200 million available for additional share buybacks, adding to $1.45 billion repurchased since July 2024. Cantor Fitzgerald maintains a neutral rating, forecasting about $190 million of operating cash flow in Q1 FY2026 but lowered its price target...
3 Top Putnam Mutual Funds for Strong Returns and Long-Term Growth
Putnam Investments, now part of Franklin Resources after a 2024 acquisition, manages roughly $162.3 billion in assets. The firm’s three Zacks‑ranked mutual funds—Emerging Markets Equity, Large‑Cap Value, and U.S. Research—have delivered three‑year annualized returns of 25.1%, 19.5%, and 23.49% respectively. The...
QVC Group Anticipates Going Concern Warning
QVC Group has not filed its 2025 Form 10‑K, citing ongoing lender negotiations and a pending audit review. Management expects to disclose substantial doubt about the company’s ability to continue as a going concern. The retailer recently received a Fitch...
Greystone Reports $2.6M Q4 Loss, Unit Price at 50% Discount to Book Value
Greystone Housing Impact Investors (GHI) posted a GAAP net loss of $2.6 million for Q4 2025, while cash available for distribution stayed positive at $2.8 million. The REIT’s unit price closed at a 50% discount to book value, highlighting pressure from non‑cash JV...
Greece to Join MSCI Developed Markets in May 2027, Unlocking $300 Million Passive Flows
MSCI announced that Greece will be reclassified from emerging to developed markets in its May 2027 index review. The upgrade, hailed as a symbolic turning point in Greece’s post‑crisis recovery, is expected to generate about $300 million in net passive inflows,...
Speedy Hire Shares Plunge 13% After FY26 EBITDA Guidance of £90 Million
Speedy Hire Plc’s shares slid 13% on Thursday after the tools‑and‑equipment hire firm projected full‑year EBITDA of roughly £90 million. The guidance came amid comments on customer‑led delays but an expectation of near‑term performance improvement, underscoring a volatile earnings season for...
NBIS Target Cut to $215 Amid Financing Doubts
The perma bull on $NBIS cutting their Price tgt to $215 and making a sly comment "We continue to believe that NBIS is innovating faster on the software front relative to other AIaaS peers, but we are slightly incrementally concerned...
Follow Pro Steps to Spot Winning Stocks
For most investors, a well-diversified portfolio of funds will do the trick. But if you want to try to identify winners like the pros on Wall Street, there are steps you can take. https://t.co/6RP6PY8ebH
Malaysia Aviation Group Delivers Fourth Year of Operating Profit
Malaysia Aviation Group (MAG) posted a net profit after tax of RM137 million (≈ $30 million) for 2025, doubling its 2024 earnings and marking a fourth straight year of profitability. EBITDA surged to RM1.6 billion (≈ $356 million), up from RM788 million the prior year, helped by...
Yardeni Confirms Market Bottom Amid Thursday Volatility
Ed Yardeni tells CNBC the market bottom is in. He's sticking to his thesis despite Thursday's volatility. https://t.co/rnvPZiNW7A
SpaceX's IPO Valuation Skyrockets at Astronomical Multiples
SpaceX trying to go public at 80x forward sales, 500x forward earnings, and 125x forward EV/EBITDA multiple https://t.co/rk6SKuODJy
Markets Rise Amid Volatility; Seize Long-Term Opportunities
Despite the volatility this week: $SPX +3.4%, $DJIA +3% and $CCMP +4.5%. Solid econ data as well. Volatility is expected to continue until war ends but if you wait for certainty you will miss some great LT...
Small Caps Reclaim Long‑Term Edge Over S&P
Small cap stocks outperformed the S&P 500 over the last 12 months (first chart). After bottoming against the S&P 500 mid-November 2025, small caps have staged a sharp recovery. This is in line with the long-term regime of smalls > bigs (second...
Gold‑Bitcoin Momentum Converges, Undermining 60/20
My 60/20/20 model has not been spared by the current risk-off episode, as weakness in gold and international equities have offset any benefit from my underweight to bonds. Looking at the momentum curves below, it looks like the “jaws” between...
Tesla's 186× PE Stays High Amid Falling Earnings
$TSLA trades at 186x earnings. Given declining earnings, the PE will remain high unless the stock declines, which might be hard for some to comprehend. https://t.co/wc9fE48KQC
Magic Formula Reveals Top 50 High‑Cap Value Picks
Now that most companies reported, lets run Greenblatt's Magic Formula and check what companies it returns. I regularly find quite a few interesting ones. These are the top 50 stocks that the formula churned out, based on a market cap of >$50m...
Embrace Market Downturns: They Fuel Future Upside
The stock market goes down roughly once every four years, on average, and bear markets are a regular occurrence. Investors should embrace this risk because without the left side of this chart (downside) there would be no right side (upside)....
SoFi Remains Strong Amid Geopolitical Turmoil, Bullish Long-Term
$SOFI platform continues to get stronger despite IRAN conflict puking all over equities. Short term is extremely volatile for the entire market but hard not to be long term bullish on this company. 💪🏻
Pay for the Process, Not Each Individual Pick
Great to hear. Paying for the process matters a lot more than every single "pick"