The Most Asymmetric Tungsten Play
Tungsten has moved to the forefront of commodity talk after price spikes and tighter Chinese export controls, prompting Western governments to hunt for alternative sources. While Almonty Industries and EQ Resources dominate the public conversation, a lesser‑known small‑cap holds a world‑class deposit at a valuation that still reflects market skepticism. The author updates the investment thesis, arguing that recent supply‑side developments make the hidden play increasingly compelling. The piece invites investors to reassess whether to add the stock to a strategic portfolio or continue monitoring it.
How to Hedge Against a War
ManGroup proposes a dedicated WarHedge portfolio that seeks to profit from geopolitical conflict while dampening overall market risk. Over an 8,000‑day back‑test the strategy generated a 7.8% compound annual growth rate with only 5.4% volatility, compared with a 9.1% return...
2026 S&P 500 Reflexive Forecast - April 9, 2026
The research firm released its first full‑year S&P 500 forecast, projecting the index to close near 6,800 by the end of 2026. The outlook hinges on a six‑week Iran conflict that triggered the largest oil‑supply shock in modern history, a newly...
Reports Suggest Sazerac in Talks With Brown-Forman Following Rumors of Pernod Merger
Sazerac has entered talks with Brown‑Forman after rumors of a merger between Brown‑Forman and Pernod Ricard surfaced. The news sent Brown‑Forman’s stock up more than 11 percent, mirroring the reaction to earlier reports of discussions with Pernod. Brown‑Forman, valued at roughly...
Emerging Markets Outlook: Has the Asset Class Finally Turned a Corner?
Emerging‑market equities have finally outpaced U.S. stocks, delivering their widest performance gap in years after a decade‑plus of under‑performance. The Wealth Enterprise Briefing attributes the shift to stronger balance sheets, improved profitability and accelerating earnings momentum. The composition of the...
Mel Lagomasino in Crain Currency: Separating Fundamentals From Sentiment in 2026
WE Family Offices CEO Mel Lagomasino argues that family offices must separate genuine fundamental shifts from market noise to preserve long‑term stewardship. He warns that reactive, sentiment‑driven decisions can undermine carefully built allocation strategies and dilute multigenerational compounding. The piece...
THE INCOMING COPPER SQUEEZE: The Middle East Reconstruction Shock + the Historic Demand Stack + the Declining Supply = the...
The recent conflict in Iran and broader Middle‑East unrest has triggered a massive reconstruction effort that will require between 5,000 and 15,000 metric tons of copper over the next decade. This demand adds to an already historic deficit driven by...
12 Stocks Scoring 80+ for Quality and Growth
The author unveils a Quality Stocks Investment Framework that scores large‑cap companies on quality, growth, and valuation, then highlights three of the twelve elite stocks that earned 80+ composite scores. Adyen, Taiwan Semiconductor (TSMC) and Applovin each receive perfect growth...
Sara Blakely — Turning Spanx Into a Billion Dollar Brand
Sara Blakely turned a simple hosiery concept into the billion‑dollar brand Spanx. After a stint selling fax machines, she launched Spanx at 29, reaching $4 million in sales by age 30 and $10 million by 31, bolstered by a QVC partnership. In...
A Macro Explanation of High US Stock Valuations
The article links soaring U.S. stock valuations to a long‑term decline in labor’s share of GDP, which has shifted profit generation toward capital and free cash flow. Researchers Atkeson et al. show that as employee compensation fell, more cash remained...
Pzena: Value Vs. Value-Light – Why Investors Are Leaving Returns on the Table
Pzena Asset Management warns that many investors claim to follow value investing but actually employ “value‑light” strategies that skip the cheapest stocks. The firm shows that this dilution drags long‑term returns and misrepresents risk, as passive value indices often contain...
Cliff Sosin’s Portfolio Revealed & His High-Conviction Bet
Cliff Sosin’s CAS Investment Partners disclosed a $2.34 billion equity portfolio that is overwhelmingly weighted toward Carvana, which alone represents roughly 83% of assets. The remaining 17% is split between Hilton Grand Vacations, Capital One and two micro‑positions, reflecting an ultra‑concentrated,...
THE $3,250 MARGIN: How Gold Miners Are Quietly Executing the Best Financial Quarter on Record & Why the Market's Geopolitical...
Gold miners are set to deliver their most profitable quarter ever in Q1 2026, with an average realized price of $4,950 per ounce—$825 above the previous quarter and a 74% year‑over‑year jump. After all‑in sustaining costs (AISC) of roughly $1,700 per...
5 Best Gold Mining Companies to Buy With High Upside Potential
Equinox Gold Corp. (EQX) is highlighted as a top gold mining pick, with analysts estimating a 40.1% upside. The company is ramping up its Greenstone mine in Ontario to a 27,000‑tonne‑per‑day milling capacity, while the Valentine project in Newfoundland aims...
Leidos Holdings (LDOS) Sees Big Boost From Entrust Purchase
Leidos Holdings completed its $2.4 billion acquisition of Entrust Solutions on March 30, adding more than 3,100 engineers and doubling its presence in the energy‑infrastructure market. The deal expands Leidos’ utility customer base across 40 North American sites and broadens its capabilities...
The Next Sector To Collapse?
The private credit sector, once touted as a stable, yield‑focused alternative to traditional bonds, is now confronting a wave of redemption requests and asset‑valuation challenges. In March and April 2026, several large funds—including Apollo, Ares, Barings, and Blue Owl—capped or...
Man and Machine
The article examines how Alphabet and Meta allocate capital differently from traditional firms, emphasizing gross‑profit‑level decisions over cash‑flow metrics. It highlights Sundar Pichai’s discussion on compute scarcity, TPU budgeting, and early‑stage AI investments as core to Alphabet’s allocation framework. The...
Morgan Stanley Has a Stark Message for Investors in Apple
Morgan Stanley’s AlphaWise Global Smartphone Survey shows iPhone upgrade intentions climbing to a record 37%, driven largely by a 9‑point surge in China. The net switching rate to Apple hit an all‑time 11%, the only positive figure among major brands,...
Hovnanian 1Q 2026 Details
Hovnanian Enterprises reported mixed results in its Q1 2026 10‑Q, showing a modest revenue decline and a widening net loss. Home deliveries fell, yet the company’s backlog grew slightly, indicating lingering demand. Higher mortgage rates pressured margins, but the firm...
Research Pipeline Session #16: A Microcap with 50% Insider Ownership Tripling Retail Footprint
A debt‑free microcap that has posted net‑income profit for three consecutive years announced two major 2025 distribution agreements, one already reflected in revenue and a second slated for a 3,700‑store rollout. The company is shifting from a single‑channel model, driving...
The Trade Desk Disrupted?
The Trade Desk (TTD) remains the dominant independent demand‑side platform, offering the widest, high‑quality inventory across connected TV, audio, and mobile. Its new OpenPath feature connects advertisers directly with publishers, bypassing traditional SSP fees, while AI‑driven campaign setup lowers barriers...
How Do Fund Managers React to Geopolitical Shocks?
A recent analysis of U.S. mutual fund managers shows they struggle to navigate geopolitical shocks such as U.S. export bans on Chinese firms. When a company lands on the U.S. Entity List, affected funds experience falling returns, rising volatility, and...
This Week’s Deep-Value Landscape: Acquirer’s Multiple Large-Cap Screen
The Acquirer’s Multiple® Large‑Cap screen highlights a concentration of cash‑rich companies in energy, financials, housing‑related cyclicals and other mature franchises. Despite strong operating income, free cash flow and active capital returns, these firms trade at compressed multiples as the market...
Aehr Test Systems Q3 FY2026: The Burn-In Proxy for Silicon Photonics HVM
Aehr Test Systems reported Q3 FY2026 revenue of $10.3 million, a 44% year‑over‑year decline, while bookings surged to $37.2 million, yielding a book‑to‑bill ratio above 3.5x. The company disclosed that at least two silicon photonics customers are now ordering wafer‑level burn‑in (WLBI)...
★ OpenAI Announces $122 Billion Additional ‘Committed Capital’, and Announces Their ‘Superapp’ Plan for the Future
OpenAI announced a new funding round that brings its committed capital to $122 billion, pushing its post‑money valuation to $852 billion. The company unveiled a “superapp” vision that would merge ChatGPT, Codex, browsing and agentic capabilities into a single user experience. At...
3 AI Stock Winners & 3 Write-Offs – Prof. Damodaran
Professor Aswath Damodaran identified three AI‑related equities that have outperformed expectations and three that are likely to be written off. The winners—Nvidia, Microsoft and Alphabet—show strong cash‑flow generation from AI‑driven hardware, cloud services and advertising tools. The write‑offs include over‑hyped...
An Intro to Kidoz Inc (TSXV: KDOZ)
Kidoz Inc (TSXV: KDOZ) is highlighted as a profitable, growing micro‑cap stock in a recent Common Sense Investing article. The piece serves as an introductory overview for subscribers, linking to an unlisted YouTube video that will be released publicly on...
Canada's Small Cap Drone Industry
The Canadian small‑cap drone sector is gaining investor attention as two firms, Volatus Aerospace and Draganfly Inc., navigate funding challenges and rapid market growth. Both companies have pursued equity raises that increase dilution, yet their financial trajectories differ: Volatus recently...
Research Pipeline Session #15: 2 Transformative Acquisitions, and an EBITDA Inflection
A micro‑cap firm closed two back‑to‑back acquisitions that could shift its revenue from irregular, lumpy streams to a steadier, technology‑driven model anchored by its proprietary automation platform. The platform is already delivering 60‑70% efficiency gains at one of the newly...
Stock of the Week: Nike - Is the Footwear Giant Dying?
Nike reported FY26 Q3 revenue of $11.3 billion, essentially flat year‑over‑year and just above analyst forecasts, while net income plunged 35% to $0.5 billion. Wholesale sales rose 5% driven by a 24% jump in North America, but direct‑to‑consumer revenue slipped 4% and...
From Glut & Doom to an Oil & Gas Boom (2Q26 Chart Pack)
The author’s Q2 2026 chart pack, titled “From Glut & Doom to an Oil & Gas Boom,” projects that oil and gas equities will generate real total returns of 7‑9% per year over the next ten years. The forecast hinges on...
Recency Bias (Or: You’re Running Buggy Software)
The article warns investors that recency bias – the tendency to over‑weigh recent market moves – can trigger unnecessary panic when short‑term losses appear. It likens our brain to outdated software that amplifies recent negative events and projects them forward,...
POP MART: No Longer a Playground for Hedge Funds, but Interesting for Long Money?
POP MART’s shares plunged over 30% in five sessions after its earnings release, wiping out roughly US$13 billion in market value. The drop was driven by slower overseas revenue growth—down from a 440% YoY surge in H1 2025 to 243% in...
Warren Buffett: The “Toll Bridge” Strategy That Quietly Builds Wealth Over Time
Warren Buffett’s “toll bridge” strategy targets businesses that sit at essential economic chokepoints, charge a modest fee on every transaction, and require little ongoing capital. These firms combine pricing power, low capital intensity, and a durable moat, allowing cash flow...
Tue 7 Apr 2026 - Paul Scott's Small/Mid Cap Value Report
Paul Scott’s Small/Mid Cap Value Report, dated April 7, 2026, spotlights a curated list of ten small‑ and mid‑cap equities, including JTC, VLX, HTG, BKS and MWE. The analysis emphasizes each stock’s valuation upside, cash generation, and dividend potential. Scott...
15 Best Consistent Dividend Stocks to Buy Right Now
Investors are turning to defensive dividend stocks as the Iran‑Russia conflict fuels market volatility and oil prices stay above $100 per barrel. Jefferies recommends firms with market capitalizations over $10 billion, dividend yields above 3%, and modest EPS growth (0‑10%) that...
5 Best Consistent Dividend Stocks to Buy Right Now
McKesson Corp (NYSE:MCK) remains a top dividend pick despite a recent downgrade by BofA analyst Allen Lutz, who cut the price target to $1,000 from $1,040 while maintaining a Buy rating. The analyst highlighted a rapid decline in cash‑pay GLP‑1...
Top Superinvestors Are Buying Progressive Corp (PGR)
Institutional investors have markedly increased their holdings in Progressive Corp (PGR) during the latest quarter, as revealed by 13F filings. Quantitative manager AQR led the charge, adding 683,160 shares worth roughly $430 million, while Viking Global opened a fresh $300 million position....
Bill Nygren Explains His 7-Year Valuation Framework
Bill Nygren of Oakmark Funds outlines a seven‑year forward‑looking valuation framework that discounts projected business value to today’s price. He applies a 40% margin of safety, treating it as a resilience buffer rather than a precise target. The approach prioritizes...
Seth Klarman Portfolio Analysis: Baupost Group’s Top Holdings & Latest Moves
Seth Klarman’s Baupost Group disclosed an equity portfolio worth roughly $5.28 billion, with the top ten holdings accounting for about 72% of assets. The fund added a sizable Amazon position and boosted stakes in fintech and industrial names while trimming Alphabet,...
When Will Anthropic Surpass NVIDIA?
Anthropic reported an additional $10 billion in revenue last month, putting its annual run rate at roughly $10 billion—achieved in under four years, far faster than traditional SaaS firms. By contrast, NVIDIA generates $215 billion in annual revenue and trades at a 22‑times...
The Motley Fool Asks: Where Will Apple Stock Be in 5 Years?
The Motley Fool projects Apple’s share price to reach roughly $410 in five years, implying a 10.5% annualized return. The analysis assumes the current price‑to‑earnings multiple of 31.5 will ease to about 30 while diluted earnings per share grow at...
Nasdaq (Top 30 Weights) Earning Estimates/Revisions
Analysts have updated earnings forecasts for the Nasdaq’s 30 most heavily weighted stocks, showing a clear upward trend. In the past 60 days, 19 stocks raised their 2026 earnings estimates while only seven lowered them, yielding a 19:7 up‑down ratio....
Trading The Shit Show: April 2026 Market Update
The author highlights that his 26‑stock watchlist is beating the S&P 500 by roughly 7.7%, while macro forces are diverging. The escalating Iran‑Israel conflict is driving oil price spikes, inflating CPI expectations, raising bond yields and compressing equity multiples. Simultaneously, the...
Club Conversation with Lee Freeman-Shor & Clare Flynn Levy, Stock Market Maestros
Lee Freeman‑Shor and Clare Flynn Levy discuss their new book, Stock Market Maestros, in a MicroCapClub interview. The conversation delves into the winning habits, strategies, and mindsets that separate the world’s top investors from average players. They argue that rigorous...
PDD Holdings (PDD) Reports 2025 Revenue of RMB431.8B; Net Income Falls 12%
PDD Holdings reported full‑year 2025 revenue of RMB 431.8 billion (≈ $60.5 billion), a 10% increase over 2024, while net income fell 12% to RMB 99.4 billion (≈ $13.9 billion). In the fourth quarter, revenue rose 12% YoY to RMB 123.9 billion (≈ $17.3 billion), driven by a 19% surge in transaction‑service...
Datadog, Inc. (DDOG) Initiated with $150 Price Target by Benchmark on AI Observability Strength
Benchmark initiated coverage of Datadog (NASDAQ:DDOG) on April 1, assigning a Buy rating and a $150 price target. The firm highlighted Datadog’s AI‑powered, unified observability and security platform as a beneficiary of digital transformation, cloud migration, and the rise of agentic...
Snowflake (SNOW) Positioned for AI Growth with $190 Target Initiation
Benchmark initiated coverage of Snowflake Inc. with a Buy rating and a $190 price target, emphasizing the company’s AI Data Cloud as a gateway to a $500 billion enterprise AI market. The analyst highlighted Snowflake’s strong technology leadership, high‑margin profitability that...
HubSpot (HUBS) Gets $300 Target as BofA Sees Recovery Opportunity
Bank of America reinstated coverage of HubSpot (NYSE:HUBS) on March 31 with a Buy rating and a $300 price target, citing the stock’s steep decline from its 2025 highs as an entry point. Cantor Fitzgerald followed on March 3, lifting...
Pony AI (PONY) Gets $16.60 Target in HSBC Buy Initiation
HSBC initiated coverage of Pony AI (NASDAQ:PONY) on March 31, 2026, assigning a Buy rating and a $16.60 price target, reflecting confidence in the firm’s autonomous‑driving rollout. The upgrade follows the company’s progress in commercializing its proprietary “Virtual Driver” system...