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 positions these picks as attractive value opportunities amid a broader market rotation toward lower‑cap, earnings‑driven assets. The report is available to subscribers via a seven‑day free trial on his Substack platform.
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 $16.60 price target, reflecting confidence in the firm’s autonomous‑driving rollout. The upgrade follows the company’s progress in commercializing its proprietary “Virtual Driver” system...
The Investment Excitement Ratio
Stephen Clapham introduces the Investment Excitement Ratio (IER), a composite metric that blends valuation multiples, earnings concentration, and capital‑expenditure intensity. The framework flags periods when cheap valuations, high earnings concentration, and low capex converge, historically preceding market bubbles. Clapham shows...
Marvell (MRVL) Initiated Buy as AI Semiconductor Growth Accelerates
Erste Group initiated coverage of Marvell Technology with a Buy rating, highlighting a doubling of net profit over the past five quarters and a 19% return on equity. The firm cited Marvell’s leadership in high‑performance analog, optical DSP and AI‑focused...
Emerging Market Stock Valuations
A recent analysis shows emerging market (EM) equities are trading at historically low cyclically‑adjusted price‑to‑earnings (CAPE) multiples compared with both their own history and the MSCI USA index. The valuation gap is evident across a broad set of EM countries,...
Innovotech ($IOT.V) FINS Review
Innovotech Inc. (IOT.V) remains a tiny picocap with a $9.5 million market valuation, trading in the life‑sciences services niche. The stock has risen 30% over the past year but is down roughly 50% from its July highs, leaving its valuation virtually...
Piper Sandler Sees “Two Halves” In Mortgage Market, Lowers Rithm Capital (RITM)
Piper Sandler lowered its price target on Rithm Capital (RITM) to $14 from $15 while maintaining an Overweight rating. The firm described the first quarter as a “two halves” mortgage market: rates slipped to 5.98% before climbing back to about...
TD Cowen Lowers Kraft Heinz (KHC) as Food Sector Faces Cost Pressures
TD Cowen analyst Robert Moskow lowered Kraft Heinz's price target to $20 from $24 and kept a Hold rating, citing rising input costs from the Iran conflict and limited pricing power. The firm also trimmed earnings forecasts for several large‑cap...
Citi Boosts Northern Oil and Gas (NOG) Price Target, Sees Discipline in E&Ps
Citi analyst Paul Diamond raised Northern Oil and Gas (NOG) price target to $39 from $34, keeping a Buy rating, after updating its small‑cap exploration and production models to reflect higher oil and gas price forecasts. The firm highlighted robust...
Erste Group Sees Profit Growth Ahead, Upgrades Verizon (VZ) to Buy
Erste Group upgraded Verizon Communications (NYSE:VZ) to a Buy rating, highlighting the carrier’s profitability that exceeds most competitors. The analyst expects Verizon’s operating profit to rise over the next two years. A federal judge recently issued a preliminary injunction blocking...
The Down Years
The piece reviews how the S&P 500, Russell 2000 and Nasdaq 100 have fared during down years, contrasting the volatile 2000‑2008 period with the smoother post‑2009 bull market. Since 2009 the S&P 500 has closed the calendar year in the red only twice in...
"Never Sell" Episode: AI Doom, Veeva, Research and Writing
The latest “Never Sell” podcast episode explores three intertwined themes: the growing investor fascination with AI‑doom scenarios, why biotech‑software leader Veeva Systems appears insulated from disruptive AI forces, and a fresh perspective on investment research that favors a judge‑like stance...
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,...
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,...
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[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...
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...
Monthly Portfolio Update - The Tempest Is Here
The author’s monthly portfolio update warns that equity markets are poised for a 10% consolidation to reach five‑year valuation averages, with a 30% drop needed for the 20‑year mean. Persistent rate‑hike threats, geopolitical tension, and a cooling labor market are...
Kingsway: A Different Type of Serial Acquirer
Kingsway Financial Services has launched a publicly‑traded vehicle that mimics the high‑return search‑fund model, allowing retail and institutional investors to participate in serial acquisitions. The firm targets lower‑middle‑market companies, buying them outright or taking controlling stakes, then applying operational expertise...
Q1 2026 Portfolio Update
The Science of Hitting reports that the S&P 500 slipped nearly 5% in Q1 2026, with the entire decline confined to March. Investors remain wary amid lingering macroeconomic and geopolitical headwinds. The blog notes a similar Q1 dip in 2025, which...
Nano-Cap SaaS Gem: Headwinds, Green Shoots, and the Private Equity Playbook
The micro‑cap SaaS company posted FY2025 results that mix balance‑sheet strength with top‑line weakness. An at‑the‑market offering wiped out legacy debt, leaving the firm with zero debt and an undrawn credit line. Revenue fell year‑over‑year as its volatile segment faced...
Improving CAPE, One Stock at a Time
The cyclically‑adjusted price‑to‑earnings (CAPE) ratio, long‑standing in market forecasting, has underperformed in the United States for roughly the past 15 years despite success elsewhere. Researchers Rui Ma and colleagues propose recalculating CAPE at the individual stock level and then aggregating by...
Thu 2 Apr 2026 - Paul Scott's Small/Mid Cap Value Report
Paul Scott’s Small/Mid‑Cap Value Report spotlights six equities—Lloyds Banking Group (LLOY), SSE, MCB, AOM, SDY and TRCS—while drilling deeper into SDY and MCB as primary value candidates. The analysis emphasizes their low price‑to‑earnings multiples, solid dividend yields, and resilient cash...
Nelson Peltz Portfolio Analysis: Key Positions, Concentration & Trian Strategy
Nelson Peltz’s Trian Fund Management disclosed a roughly $4.0 billion equity portfolio that remains extremely concentrated, with the top ten holdings accounting for essentially 100% of assets. Janus Henderson and General Electric together represent about 70% of the fund’s value, while...
Investment Versus Speculation
The piece draws a clear line between investments—assets that generate regular income such as dividends, interest, or rent—and speculation, which relies solely on future price appreciation. It argues that income streams enable compounding and lower portfolio volatility, while speculative holdings...
Is This Market Leader Finally Worth a Look Again?
The blog revisits a market‑leader stock featured on the author’s 26 Stocks to Watch for 2026 list, questioning whether it has finally become a viable investment. Recent earnings beat and renewed analyst coverage suggest the company may have turned a corner. Valuation...
Barron’s: “Target and 5 More ‘Dividend Aristocrats’ to Own Now:
DataTrek Research reports that the S&P 500 Dividend Aristocrats Index outperformed the broader S&P 500 by 13.9 percentage points over the last 100 trading days, while the S&P 500 itself declined 6.9% in the same window. The note highlights that...
Inc Mag: “The Economy’s Biggest Strength Has Turned Into a Confusing Risk”
DataTrek co‑founders Nicholas Colas and Jessica Rabe warn that the prevailing belief in a recession‑proof U.S. economy is becoming a hidden risk. They argue that capital markets—from Treasuries to small‑cap stocks—are built on the assumption of endless growth, which breeds...
Free Portfolio Update: Recap of Q1 2026
M. V. Cunha released his Q1 2026 portfolio recap, showing a year‑to‑date return of –1.5% that still outperformed the S&P 500’s –4.4% decline. Since inception in 2024 the portfolio has generated a 432.4% gain versus the market’s 40.6% rise. Key moves included...
TODAY: Major Deregulation Wave – Is Your Portfolio Ready?
Regulators announced a sweeping deregulation wave, rolling back dozens of rules across energy, finance and other industries in a single day. The move could free up trillions of dollars in compliance costs, instantly boosting corporate efficiency and profit margins. Early...
💰 WARREN BUFFETT'S 8 RULES THAT BUILT $150 BILLION (Most People Ignore ALL of Them — Don't Be that Person)
Warren Buffett attributes his $150 billion fortune to eight disciplined investment rules, from protecting capital to investing in oneself. The core principles emphasize avoiding losses, staying within a circle of competence, and buying quality businesses at a margin of safety. Buffett’s...
What Do You Do With Microsoft?
Microsoft’s shares have slumped more than 26% year‑to‑date, a 33% drop from the all‑time high, making it the poorest performer among the Magnificent Seven in 2026. The latest quarter marked the company’s worst results since the 2008 financial crisis and...