Citigroup Keeps Neutral Rating on Ford Motor (F) After Target Cut
Citi lowered its price target for Ford Motor Co. to $13 from $13.50 on May 4, while keeping a neutral rating on the stock. The adjustment follows a 14.4% year‑over‑year drop in U.S. sales for April, with electrified‑vehicle volumes plunging 31.1% and EV sales down 24.8%. Trucks remain Ford’s biggest seller, but even the F‑Series slipped 14.7% from a year earlier. Citi cites weaker EV demand, higher fuel prices and elevated borrowing costs as headwinds that limit near‑term upside.
Stifel Reaffirms Bullish View on Starbucks Corporation (SBUX)
Stifel analyst Chris O’Cull raised Starbucks' price target to $117 from $115 and kept a Buy rating. The coffee giant reported its first quarterly revenue and earnings growth in over two years, with Q2 2026 revenue climbing 9% to $9.5 billion...
Mohnish Pabrai On AI, Market Speculation, And Long-Term Investing
Mohnish Pabrai warned that the current AI‑driven market frenzy is still in its embryonic stage, with capital pouring into a narrow group of tech names while many cash‑rich, mature businesses are overlooked. He emphasized that long‑term success hinges on temperament,...
Smart Money Is Buying Mohawk Industries Inc. (MHK)
Institutional investors are quietly building stakes in Mohawk Industries (MHK) after the latest 13F filings. Value‑focused hedge funds such as Appaloosa, Pzena and Gotham led the buying, while systematic manager AQR added a sizable chunk and macro‑oriented funds Point72 and...
2026 S&P 500 Forecast Update - May 11, 2026
The research firm released an updated 2026 S&P 500 forecast after the index surged past its April target zone, reaching levels well above the 6,800 mark that framed the original outlook. The rally occurred despite persistent geopolitical tension from the...
Tesla Bear Cases Are Getting Defused
Tesla’s recent financial and operational metrics are eroding the bearish narrative surrounding the automaker. The company reported profit margins back above 20% and rising, while vehicle deliveries accelerated in China and Europe, with exports from China also climbing. Full Self‑Driving...
What They're Not Telling You About AMD
AMD closed Friday at a record $455, propelled by a Q1 revenue beat of $10.25 billion, including $5.8 billion from data‑center sales. CEO Lisa Su forecast $11.2 billion next quarter and a 35% compound revenue growth for the next three‑to‑five years, citing AI demand....
METC Q1 2026 Earnings Preview
Ramaco Resources (METC) is set to report Q1 2026 results with analysts forecasting a loss of $0.21 per share on $129 million of revenue. The stock slipped 4.5% in pre‑market trading, mirroring the soft earnings expectations for the U.S. metallurgical coal...
Tesla Optimus Is Already Benefiting Investors, Top Wall Street Firm Says
Piper Sandler analyst Alexander Potter says Tesla's current share price of $400‑$420 already includes the Optimus robot at no extra cost. Their valuation assigns about $400 per share to core businesses and leaves Optimus unvalued, implying investors get the humanoid...
TMTB: Cerebras (CRBS) IPO Roadshow Notes
Cerebras Systems disclosed a massive take‑or‑pay contract with OpenAI worth over $20 billion, beginning with a $1 billion prepayment and delivering 750 MW of AI compute across three 250 MW tranches from 2026 to 2028. The first tranche will be provided through Cerebras' cloud...
Institutional Investor Attention
A new Journal of Finance paper quantifies institutional investors' online news consumption and shows that attention is a scarce, tradable resource. Funds shift toward macroeconomic news when market volatility rises, and those that do so earn roughly 0.48% per quarter...
Consumer Staples (Top 30 Weights) Earnings Estimates/Revisions
The latest earnings estimate revisions for the Consumer Staples Sector ETF (XLP) focus on its 30 largest holdings. In the past 60 days, 17 stocks saw upward revisions versus 11 downward, yielding a 17:11 up‑down ratio. Cumulative 2026 earnings power...
Maersk Q1 2026: More Cargo, Less Margin!
Maersk reported a drop in Q1 2026 revenue and earnings despite moving record cargo volumes. The carrier’s ocean freight segment saw margins shrink as weakened pricing power outweighed higher utilization and lower unit costs. Strong performance in its logistics and...
Where’s My Lunch?
The article revisits Harry Markowitz’s classic claim that diversification is the only free lunch, arguing that the concept has been stretched beyond its original meaning. It shows that merely spreading investments across more assets—such as an equal‑weight S&P 500 versus a...
10 Things About Berkshire Hathaway's 10-Q
Berkshire Hathaway closed Q1 2026 with a staggering $380.2 billion cash reserve, largely parked in Treasury bills. The conglomerate’s share repurchase program stalled after an initial $235 million buyback, leaving total buybacks for the quarter minimal. Its equity portfolio sits at $288 billion,...
Peloton: From Defense To Offense
Peloton’s connected‑fitness subscriber base is projected to shrink about 9% by fiscal 2026, falling to roughly 2.6 million paid members. Despite this near‑term dip, the company has amassed a five‑fold increase since FY19, delivering a compound annual growth rate of roughly...
Nio to Report Q1 Earnings on May 21 After Deliveries Beat Guidance
Chinese EV maker Nio Inc. will release its unaudited Q1 2026 results on May 21, ahead of the US market open. The company delivered 83,465 vehicles in the quarter, a 98.3% year‑on‑year increase that exceeded the top of its 80,000‑83,000...
Meb Faber’s Momentum and Trend-Following Strategy For Gold, Stocks, And Bonds
Meb Faber’s 2015 momentum‑and‑trend‑following model allocates across gold, equities and bonds, rebalancing monthly or quarterly based on six‑month performance. Back‑testing from 2010 through 2025 shows a compound annual growth rate of 8.7% with 92% market exposure and a modest 15%...
Mind the Gap
The point spread between the S&P 500 and Euro Stoxx 50 has swung dramatically, now sitting around 1,500 points in favor of the U.S. index. After a brief compression to roughly 150 points early this year amid a “sell America” rotation, the...
Entergy (ETR) Price Target Raised Following Q1 Earnings Beat
Entergy Corp (NYSE:ETR) posted Q1 2026 earnings that beat analyst forecasts, prompting Citi to raise its price target from $116 to $121 while maintaining a neutral rating. The new target implies an 8% upside over the current share price. Entergy...
Duke Energy (DUK) Exceeds Estimates in Q1 Report
Duke Energy reported first‑quarter 2026 results that beat expectations, posting adjusted earnings of $1.93 per share, $0.13 above forecasts, and revenue of $9.18 billion, up 11% year‑over‑year and $690 million beyond estimates. The outperformance was driven by recovering rate‑based infrastructure investments and...
Analyst Raises Xcel Energy (XEL) Price Target Despite Mixed Q1 Report
Evercore ISI raised its price target on Xcel Energy (XEL) to $96, up from $93, maintaining an Outperform rating. The upgrade reflects about a 19% upside from current levels and highlights the utility’s role in the growing data‑center power demand....
NextEra Energy (NEE) Price Target Raised by Analysts
NextEra Energy (NEE) saw its price targets raised by Evercore ISI to $107 and by BMO Capital to $102, both maintaining an Outperform rating. The utility posted a Q1 2026 profit of $2.18 billion, a 162% year‑over‑year increase, driven by a...
John Rogers Says Analysts Are Ignoring Some Of The Market’s Best Opportunities
John Rogers, co‑CEO of Ariel Investments, warned that analysts are overlooking the most attractive equity opportunities as the valuation gap between over‑hyped growth stocks and neglected value names widens to historic levels. He likened today’s market to the early‑2000s shift...
Tweedy, Browne Co LLC Top Holdings, Trades & Investment Strategy
Tweedy, Browne Co LLC disclosed a $1.26 billion equity portfolio that remains heavily weighted toward its top ten positions, which together represent about 70% of assets. The firm’s classic deep‑value approach continues to favor global franchises with strong cash generation and...
Short-Term Vs. Long-Term Investing in Microcaps
The microcap space is seeing average holding periods shrink from roughly six years to six months, sparking a debate over short‑term versus long‑term approaches. While rapid, catalyst‑driven trades can generate spectacular bursts, they are hard to replicate consistently. The author’s...
MARKET CALL: Raising Our 2026 S&P 500 Target Range Due To Earnings-Led Meltup
Morgan Stanley has lifted its year‑end 2026 S&P 500 target to a range of 6,750‑8,250, capping the upside at 8,250. The move follows a rapid acceleration in consensus earnings forecasts, with 2026 EPS now projected at $336.49—up 22% year‑over‑year. The firm...
Is National Security The New Winning Investing Trend? | Peter Tchir
Peter Tchir, head of macro strategy at Academy Securities, argues that the "ProSec" trade—production for security—has become a central investing theme as governments prioritize reshoring and supply‑chain resilience amid geopolitical tensions. He highlights that sectors such as aerospace, semiconductors, batteries,...
Build Your Own Stock Analyst with Claude
A new Substack post shows how Claude, Anthropic’s LLM, can replace a $250,000‑a‑year buy‑side analyst with a 12‑prompt workflow that costs roughly $20‑$30 per month. The system automates data gathering, valuation modeling, earnings reviews and report generation, delivering Bloomberg‑grade research...
🚗 Uber ($UBER) Deep Dive
Uber’s latest quarter shattered the long‑standing perception that rapid growth can’t coexist with profit. Trips, active riders, and its subscription‑based Uber One program all posted double‑digit gains, while adjusted EBITDA turned positive and scaled faster than revenue. The earnings beat...
$LBTYK: Can Liberty Global Finally Spin to Win? | Stock Spin-Off Investing's Rich Howe
Rich Howe of Stock Spin‑Off Investing argues that Liberty Global (LBTYK) is cheap on a sum‑of‑parts basis and stands to unlock value through an imminent Ziggo spin‑off and a little‑known venture portfolio. He contends the spin will crystallize cash‑flow and...
More Gambling Than Ever: What Warren Buffett Didn’t Quite Say
The piece debunks a viral quote that Warren Buffett warned investors they were "more gambling than ever," showing he never made that statement. It examines why the recent Berkshire Hathaway AGM left shareholders disappointed, citing limited strategic updates and a...
What Is An Index Fund? (And Is It A Good Investment Choice?)
An index fund is a passive investment vehicle that mirrors a market benchmark such as the S&P 500, offering broad diversification at low cost. It can be structured as an ETF or a mutual fund, and its passive nature leads to...
The Wrap: Talking Modine, GFL, UPS
The latest Wrap highlights three market‑moving stories: a Red Flag Alert on Modine Manufacturing’s deteriorating earnings outlook, a deep‑dive into GFL Environmental’s alleged market‑gaming tactics, and a surprise analysis of Amazon’s aggressive push into the parcel‑delivery space that threatens UPS’s...
Google’s Free Cash Flow Will Hit Zero Next Year
Alphabet posted $73.3 bn of free cash flow in FY2025, but CEO Sundar Pichai guided 2026 capital expenditures of $175‑$185 bn, essentially matching the company’s operating cash. The capex trajectory has accelerated from $32.3 bn in 2023 to $91.4 bn in 2025, with Q4...
🧠 From Growth to Income: When Do Stocks Start Paying You Back?
Investors traditionally rely on price appreciation, but as retirement approaches the focus shifts to generating cash flow. While dividend‑paying stocks provide some income, many holdings do not, prompting the use of options to monetize shares. Covered calls, especially within the...
Making Money Off of Power and Grid
The blog pre‑announces a new long‑term purchase of IREN after its earnings beat, noting the stock is up roughly 43% year‑to‑date. It highlights the extreme volatility of power‑grid equities, where daily moves of 10% or more are common. The author...
Magnite Inc. (MGNI) CTV Momentum Strengthens Its Small-Cap Value Case
Magnite Inc., the world’s largest independent sell‑side advertising platform, received a reiterated Buy rating from Benchmark on April 28, accompanied by a $30 price target. The firm is leveraging its relationships with Walmart, Amazon and over ten commerce‑media partners to...
Innoviva, Inc. (INVA) Draws Bullish View From Cantor on Recurring Royalty Strength
Cantor Fitzgerald reaffirmed an Overweight rating on Innoviva (INVA) with a $32 price target, citing the stability of its recurring royalty stream that produced roughly $250 million in 2025. The firm highlighted growth in the Specialty Therapeutics segment, which posted $175 million...
Globant S.A. (GLOB) A Small Cap Value Stock Capitalizing on Soaring IT Spending
Wedbush initiated coverage of Globant (NYSE:GLOB) with an Outperform rating and a $61 price target, citing the company's strong position in AI‑driven IT services. The firm expects Globant to benefit from a rebound in corporate IT spending and the growing...
What Does H.C. Wainwright See in Electrovaya (ELVA) Despite Its Near-Term Revenue Cut?
Electrovaya Inc., a Canadian lithium‑ion battery maker, received a reiterated Buy rating from H.C. Wainwright on April 29, with the price target held at $10. Analyst Amit Dayal lifted the FY2028 EPS estimate to $0.62 per share while cutting the FY2026...
Standard Lithium (SLI) Initiated at Outperform as Evercore Highlights DLE Progress
Evercore ISI analyst Eric Boyes initiated coverage of Standard Lithium Ltd. (SLI) with an Outperform rating and a $4.75 price target. The firm’s direct lithium extraction (DLE) technology, demonstrated in Arkansas’s Smackover Formation, achieved over 95% lithium recovery and 99%...
Solid Power (SLDP) Q1 Revenue Falls, But EV Battery Milestones Keep Growth Story Alive
Solid Power reported Q1 2026 revenue of $3.1 million, a roughly 50% year‑over‑year decline after the SK On line‑installation agreement hit its final milestone and closed the associated revenue stream. Net loss narrowed to $13.0 million, or $0.06 per share, helped by a...
SES AI (SES): Revenue Up 929% in a Year and Cantor Still Sees More Room to Run
SES AI Corp., a lithium‑metal battery developer, posted Q1 FY2026 revenue of $6.7 million, up 47% from the prior quarter and 929% year‑over‑year to $21 million. The surge was powered by its Energy Storage Systems (ESS) segment and a new three‑year North...
Friday Links: Performance-Chasing Behavior
The Friday Links roundup spotlights a wave of performance‑chasing across finance and technology, highlighted by Corgi’s launch of 34 new ETFs that raised $160 million in a single day and the growing influence of AI‑driven trading. A rare‑earth IPO, Rare Earth...
Why Momentum Investing Has Been Struggling—And What Volatility Has to Do With It
Academic research by Haim Mozes links the surge in VIX volatility spikes to the recent underperformance of momentum investing. Over the 1994‑2024 period, spikes became more frequent and reversed twice as fast in the 2014‑2024 decade, reflecting heightened market efficiency....
Research Pipeline Session #19 : A Cash-Rich Industrial Quietly Pivoting Toward AI
The unnamed industrial micro‑cap has posted a dramatic earnings turnaround, with EBITDA margins expanding roughly 600 basis points and adjusted earnings per share nearly tripling in the last quarter. Its balance sheet now holds about $200 million of net cash and...
EXTREME PESSIMISM = EXTREME OPPORTUNITY: Gold Miner Sentiment Has Hit Rock Bottom, Record Profits, Record Low Multiples, & When Everyone...
Gold mining sentiment has plunged to historic lows, while the sector's profitability hits record highs. Newmont trades at its lowest price‑to‑earnings multiple ever despite record earnings. The Gold Miners Bullish Percent Index fell from near 100 to 11, indicating extreme...
Ensign Energy Services Inc. Q1 2026 Update – ESI.TO
Ensign Energy Services (ESI) posted Q1 2026 revenue of C$418 million (≈US$309 million), a 4% decline year‑over‑year, while adjusted EBITDA slipped 7% to C$94.8 million (≈US$70 million) and margin fell to 22.7%. The company boosted total capital expenditures 69% to C$65.3 million (≈US$48 million), emphasizing maintenance...
10 Warren Buffett Rules to Help the Middle Class Become Rich
Warren Buffett’s ten wealth‑building rules target middle‑class investors by emphasizing disciplined habits over market timing. He urges saving first, investing in one’s own skills, leveraging compounding, avoiding high‑interest debt, and using low‑cost index funds. The advice also stresses staying within...