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%.
Women’s Wealth Is Expected to Boom: Where They Are Investing and How They Can Maximize Returns
Women are poised to control a massive share of the upcoming Great Wealth Transfer, with Cerulli Associates estimating $105 trillion will pass to heirs through 2048, much of it to women due to longer lifespans. U.S. women’s investable assets are expected to rise from $18 trillion in 2023 to $34 trillion by 2030, nearly doubling their market share. While historically more conservative, women’s stock market participation climbed to 71 % in 2024 and female‑led accounts have delivered superior risk‑adjusted returns. Experts advise diversified, long‑term strategies and early, disciplined contributions to maximize these gains.
A Slightly Different (Premium) Thesis
The author proposes a nuanced premium‑valuation thesis that deviates from conventional high‑growth narratives. While the potential upside is modest compared with prior ideas, the investment case rests on differentiated catalysts such as pricing power, niche market positioning, and incremental margin...
The 'Buffett Indicator' Shows the Market Is Way Overvalued. How to Hedge Risk with This Options Strategy
The Buffett Indicator – U.S. market‑cap to GDP – has surged to roughly 2.3 ×, the highest reading in decades, suggesting equities are markedly overvalued. The five largest U.S. firms now hold a combined market value equal to the nation’s GDP...
Josh Brown Likes This Trash and Recycling Management Giant That's Within Striking Distance of a Record
Waste Management (WM) is entering a "year of harvest" after a $11.6 billion capex program that included a $7.5 billion Stericycle acquisition and extensive automation upgrades. Management projects 29% free‑cash‑flow growth in 2026, the strongest jump since the pandemic, and expects capex...
Invest with Fundamentals, Patience, Not Market Noise
Warren Buffett on wealth building: focus on fundamentals, ignore the noise, and evaluate businesses with clarity. Smart investing is about patience, discipline, and knowing what you own. Most investors fail because they chase noise instead of value. 📈
River Wealth's O'Gorman: 'Time to Take Advantage of What the Market's Offering You'
In this Money Life episode, River Wealth Advisors’ CEO and CIO Ed O’Gorman warns investors that the market’s current concentration of a few mega‑caps inflates perceived risk for passive S&P 500 investors and urges a calm, strategic assessment of portfolio adjustments....
Know the Difference: Choose the Right Fund
If you’re investing and don’t know the difference between: • Index Funds • Mutual Funds • ETFs You might be choosing the wrong one without realizing it. New vid tomorrow is going to breakdown the pros and cons of each so you can pick the...
Doomer Hype Fuels Clicks, Not Market Moves
Agree, Citrini got a massive debate going and increased subs, but. $IGV, $QQQ up big in past two days. And ETF flows are pouring into US equity ETFs (as usual). It only reinforces my view that doomerism is what sells...
What Comes After Easy Yield in Equity Markets
Harvest Portfolios launched two premium‑yield ETFs—HPYB, anchored on Canadian banks, and HPYE, a globally diversified large‑cap fund—that combine core equity positions with active covered‑call and put‑selling overlays and moderate leverage. Both aim to generate high, tax‑efficient income through semi‑monthly distributions...
Stay Invested, Avoid Panic for Stock Success
Peter Lynch: “The key to making money in stocks is not to get scared out of them.” Takeaway: Staying invested beats reacting emotionally. Most investors don’t fail because they’re wrong — they fail because they panic. 📉
‘Piloting’ AI Tools Isn’t Cool Anymore
Large U.S. corporations are abandoning the term “pilot” for AI projects, signaling a move from small‑scale tests toward deployments that deliver measurable value. A MIT study that found 95% of AI pilots failed to generate financial impact, combined with a...
Wall Street Says the Stock Market's Return in 2026 Will Crush the 30-Year Average
Wall Street analysts project the S&P 500 will close 2026 near 7,650 points, delivering roughly a 12% annual return. That outpaces the index’s 30‑year historical average of 8.1% and the 20‑year average, though it trails the 10‑year pace. The median forecast...
Jonathan Tepper on The Myth of Capitalism, His "Shooting Up" Memoir and $BKMG | S08 E07
In this episode, Tobias Carlisle and Jake Taylor interview Jonathan Tepper, founder of Previt Capital and author of *The Myth of Capitalism*. Tepper explains his investment approach—buying high‑quality, dominant companies at a discount to intrinsic value—and illustrates it with the...
IT Sector Valuations Turn Attractive After AI Sell-Off: Emkay; Adds Infosys, HCL Tech; Exits Mphasis in Portfolio Reset
Emkay Global has turned marginally overweight on the Indian IT sector after an AI‑driven sell‑off made valuations appear attractive. The brokerage cites price‑to‑earnings multiples of 14‑18× and free‑cash‑flow yields of 4‑6% as evidence of value. It projects a potential total...
Amazon Becomes the Most-Owned Stock Among Hedge Funds:
Amazon has become the most‑owned stock in hedge‑fund portfolios, overtaking Microsoft and Nvidia. The shift reflects Amazon’s transition from a high‑growth, low‑margin e‑commerce model to a cash‑flow‑generating infrastructure platform spanning cloud, logistics and AI. Over the past two years the...
Semper Augustus Investments Group: 2025 Annual Letter
Semper Augustus Investments Group released Chris Bloomstran’s 2025 Annual Letter, warning that a trillion‑dollar AI and datacenter arms race is reshaping capital allocation. Bloomstran challenges the notion that S&P 500 investors can still expect historic Ibbotson returns over the next...
Hardware, Cybersecurity Thrive; AI Compresses Software Services
The Goldman Sachs list of AI winners & losers: Supposed winners: - Cloudflare - CrowdStrike - Palo Alto Networks - Oracle - Microsoft - Amazon - Alphabet - Nvidia - TSMC - Micron - Arista Networks - Palantir - Zoom - Vertiv - Eaton - NextEra Energy Supposed losers: - https://t.co/yZK0mvfWhp - Salesforce - DocuSign - Accenture - Duolingo - Workday - SAP - Atlassian - UiPath -...
Russell 2000 Shifts From Tech to Industrial/Defense
Russell 2000 $IWM top 25 holdings. Shows a meaningful shift from early Q4 last year. Top holdings have rotated from speculative tech optionality toward industrial/defense/capex cyclicals over the past few months. https://t.co/c24tFJQjc5
5 European Oil Stocks To Buy As Iran Risk Premium Boosts Oil Prices
Geopolitical tensions between the United States and Iran have added a sizable risk premium to oil, pushing Brent into the low‑70s and sparking forecasts of $100 per barrel if conflict escalates. The surge has lifted the STOXX Europe 600 Oil...
VITL Plunges 60%, Trades at 10x EV/
$VITL shares down >60% from the August 2025 highs EV down to ~$800 million, it trades at ~10x EV / EBIT
86% of Our Holdings Outperform the S&P 500
CHART OF THE DAY: 86% Of The Names We Own Are Beating SPY https://t.co/aAYyRsV4YB via @hedgeye
Papa John's International Inc (PZZA) Q4 2025 Earnings Call Transcript
Papa John’s reported a 1% drop in global system‑wide sales for Q4 2025, with North America comparable sales falling 5% while international markets rose 6%, led by a 7% gain in the UK. Total revenue slipped 6% to $498 million and...
Satya Nadella Pivot Saved Microsoft From $5B Loss
Mason Morfit: "The lion's share of credit has to go to Satya Nadella. To state the obvious, he's just been an incredible CEO... The company was losing ~$5 billion a year on this ill-fated devices venture... Satya very quickly pivoted...
LLMs Fail 85% of Investment Tasks, Math Weakness Evident
LLM-driven AI tools are much better with words than with math... at what point is the time to back-check the output calculations more time-consuming than just using established software providers for key investment research and financial planning functions? "Mass market AI...
KBR Inc (KBR) Q4 2025 Earnings Call Transcript
KBR reported a solid fourth‑quarter 2020, highlighting a 20% increase in government and technology backlog and a 15% rise in adjusted EBITDA. The company emphasized its transition to Sustainable Technology Solutions, targeting over $1 billion in revenue and mid‑teens margins for...
Nasdaq Bends Index Rules to Lure SpaceX IPOs
Nasdaq is contorting its own index rules to court the IPOs of SpaceX et al, and @thekrazykobra brings the 🔥 https://t.co/ExpsatLZ6h https://t.co/VjWaHmMJYd
300th Stock Club: Revisiting 13‑stock Legacy, New 10‑year Picks
Our 300th episode of Stock Club has dropped. Mike and I review the 13 stock portfolio from an early show 7 years ago (it has one 24 bagger in it) — and we each pitch three to buy now and...
Enovis Corp (ENOV) Q4 2025 Earnings Call Transcript
EnPro Industries reported a strong fourth‑quarter 2025, with revenue climbing 14.3% to $295.4 million and adjusted EBITDA rising 19.2% to $69.4 million, delivering adjusted diluted EPS of $1.99, up nearly 27%. Both Sealing Technologies and Advanced Surface Technologies posted double‑digit sales growth,...
Semiconductor Index Delivered Over Tenfold Returns Decade‑Long
The PHLX Semiconductor index: ASML, TSMC, Texas Instruments, AMD, Nvidia, NXP, Qorvo, Qualcomm, Applied Materials, Broadcom etc. More than a ten-bagger in the past decade https://t.co/P0OKb3JVYf
Activist Pressure, Not Weak Yen, Drives Real Improvements
Seems to me that the biggest improvements have been in firms: - Shamed into increasing their P/B to 1.0x - Targeted by shareholder activists like Oasis - Already had the right mindset, eg Hitachi / Itochu - Illusory improvement from the weak yen https://t.co/KxTgEB3c9O https://t.co/DoX7UvP2gs
Why Guy Spier Is Returning Capital—And What It Means for Investors
Guy Spier announced he is returning outside capital, citing health concerns rather than performance or market timing. He frames the decision as a fiduciary duty to treat investors’ money with utmost seriousness. The letter underscores liquidity discipline, a preference for...
AI Panic Drops Software Stocks, Yet Engineer Demand Rises
Software stocks are cratering on fears AI will destroy their business. Yet job postings for software engineers are up 11% year over year. 🔒 Members-Only https://t.co/7PaTI6jR9W
Snowflake Beats Estimates, Shows AI-Driven Growth
$SNOW revenue, RPO and guidance came in ahead of consensus and the WSJ headline says company benefiting from AI adoption. This is the point we've been making for several weeks... some infrastructure software businesses are beneficiaries of AI. https://t.co/dX1lJsYfye
Lee Ainslie: Concentrating Capital in AI Leaders While Pruning Legacy Positions
Maverick Capital reported a $9.3 billion equity portfolio, with the top ten holdings accounting for roughly 44% of assets. The fund’s biggest positions are concentrated in AI infrastructure and semiconductor leaders such as Nvidia, Microsoft, Amazon, TSMC and Applied Materials. At...
Japanese Managers Lack Equity, Limiting Market Discipline
I think reading through Jim Grant's old books with snippets from his newsletter is great market education. You'll get perspective on the current market environment.
Mag‑7 Premium Plummets From 100% to 10‑year Low
The Mag-7 used to trade at a 100% premium over the rest of the S&P. It's now collapsed to a 10-year low. Do you realize what's happening?
Steve Madden Won’t Give Profit Guidance as Planned Due to Supreme Court Tariff Ruling
Steve Madden announced it will not issue profit guidance for 2026 after the U.S. Supreme Court invalidated President Trump’s emergency‑powers tariffs. The ruling introduced significant uncertainty around trade costs, prompting CEO Edward Rosenfeld to postpone the company’s full financial forecast....
Stars Aligning for Upside by This Gold ETF
The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has surged roughly 42% since the start of 2026, reflecting a broader rally in gold prices. The World Gold Council attributes the rally to heightened geopolitical risk and the prospect of rising...
Flatbed Rejection Spike Signals Bullish Industrial Growth
This is an extreme spike in the SONAR Truckload Rejection Index – Flatbed (STRIF.USA) from 2018–2026. A 40% rejection rate means: * Strong industrial throughput * Tight labor + equipment capacity * Improving pricing power in physical economy * Early/mid expansion phase dynamics It usually leads: *...
We're Boosting Our Price Target on Retail Stock TJX After Another Knockout Quarter
TJX Companies posted an 8.5% revenue jump to $17.7 billion and EPS of $1.58, both beating analyst forecasts. Same‑store sales rose 5% year‑over‑year, outpacing the 3.7% consensus, with all four operating segments delivering growth. The strong quarter prompted analysts to lift...
Depressed Oil‑Gold Ratio Signals Multi‑Year Energy Outperformance
Oil peaked in 2008 at $140 and has fallen sideways since to ~$65 today. In hard-money gold terms, 1 ounce buys 100 barrels of oil. Oil has been deflating for decades. The only time it was cheaper was 2020 when...
How to Buy Marijuana Stocks: A Beginner’s Guide
Investors are eyeing a rapidly expanding U.S. cannabis market projected at $47 billion in 2026, with 24 states legalizing recreational use and 42 permitting medical consumption. A pivotal regulatory change—Executive Order 14370—re‑classified marijuana to Schedule III in late 2025, removing the 280E...
EM Earnings Surge 31% YoY, Outpacing US and Commodities
One way to visualize the global earnings convergence is by showing earnings estimates for the different regions on a log scale. All estimates are rising but EM estimates are rising the fastest. Shown another way, EM estimates are now rising at...
Balance Stocks and Bonds: Market Equilibrium Drives Wealth
Jack Bogle’s investing wisdom still holds true: when you lower your stock allocation and raise bonds, someone else is doing the opposite. That’s how market equilibrium works. Understanding asset allocation, the 60/40 portfolio, and index investing is key to long-term...
Small‑cap Rally Signals Leadership Rotation, Not Squeeze
Small caps just hit record highs. While everyone chases mega-cap AI, leadership may already be rotating. That’s not a squeeze. It’s a signal. @JDHatfield_ICAP @InfraCap explain why it matters: https://t.co/11ZhJg1jL3
NVIDIA Projects Tenfold Revenue Surge by FY27
On Q1 FY27 guidance, NVIDIA TTM revenues of ~$250 billion. Three years ago (in Q1 FY24), TTM revenues were $25.9 billion. https://t.co/n7nDwriJvG
Big‑Cap S&P Leaders 50% More Volatile Than Index
The top 10 largest stocks in the S&P 500 are 50% more volatile than the S&P 500 itself right now. Important for risk... but more important for alpha right now. https://t.co/yqBR2QU8nK
Hindenburg Mentions Rarely Signal Imminent Market Bottom
Similar to the November lows, when they all start saying the word Hindenburg often, you know we are close to lows. We've seen 225 Hindenburg Omens since 1970 and if you look closely you'll see the great majority of them...
Co‑Packaged Optics Dominate Top Winners This Year
Just keeps going $FORM Seeing this Co-Packaged Optics discussed across a bunch of big winners this year https://t.co/sosRLrP3tq
Mid- and Small-Cap Tech Surge Amid Large-Cap Decline
Despite Large-cap Technology stocks down over the past 4-5 months, both the Mid-cap Tech and Small-cap Tech indexes keep hitting new all-time highs this week. https://t.co/X2wjg3v8Qp