Chief Executive Jim Conroy, in the seat since February 2025, has pushed the merchant organization into better and more popular brands without systematically raising price points, and says closeout opportunities are very strong, with mainstream retail's softness freeing up canc...
Read Article ›The market repriced the whole company for a disruption thesis about Legal; yet Legal supplies roughly an eighth of group profit and it is the division that sped up.
Read Article ›The market is still pricing Devon as though 40% of its barrels will go on earning 2% of its revenue, and that is the one thing about this company that is already changing
Read Article ›In the June quarter, the company finished the hardest thing it has attempted in decades: cutting Amazon's volume by more than half from 2024 levels, roughly two million pieces a day, alongside some 78,000 operational positions, close to 150 buildings, and about $4.5 billion of...
Read Article ›The market is not underpricing Enterprise Products Partners so much as pricing it correctly as a spread product and then marking it against a Treasury curve that has moved violently.
Read Article ›The argument of this piece is that the market has priced the inventory risk and under-priced the reason the inventory exists.
Read Article ›At 10.7x forward Adjusted EBITDA, FTAI Aviation is mispriced to the upside — not because consensus will be met, because it won't, but because the franchise implied by today's price is materially worse than the one the second-quarter segment disclosures describe.
Read Article ›Strip the war out and what remains is the question that decides the stock.
Read Article ›At 16x guided 2026 adjusted operating profit and 34x the guided cash floor, with clean margin lower than a year ago and the 2027 step resting on suppliers, Embraer's equity is fully valued — a franchise worth owning at a price the market is no longer offering.
Read Article ›SharkNinja's operating problem this year was making enough product, and the market's residual habit of grouping it with builders and big-ticket retailers understates what the holiday quarter can deliver.
Read Article ›At 16 times forward earnings, this price embeds no margin expansion, no buyback, and a backlog that converts on the market's timetable rather than the contract's.
Read Article ›The market is now valuing AppLovin below a diversified mega-cap advertising platform on forward earnings while it grows two to three times as fast, generates over 60% net margins, carries essentially no net debt, and retires stock.
Read Article ›At eleven times forward earnings against a mid-thirties return on equity and a client cohort deepening at 34% per relationship, the risk-reward is skewed to the upside, and the stock is worth owning even after the run.
Read Article ›The market has assigned MercadoLibre the multiple of a business whose profitability has been permanently reset, while the disclosures show a company deliberately buying engagement, logistics density and a 20%-plus-margin loan book with money it could stop spending in a quarter...
Read Article ›At 14 times forward earnings for a franchise compounding earnings at roughly a fifth a year on a 33% return on equity, with a funding book half-deployed and a Mexican bank that only became a bank last month, the market is underwriting the credit fear and paying nothing for the...
Read Article ›At roughly 25x next year's consensus earnings for a business converting three-quarters of net income to cash and taking share on both sides of the Atlantic, Eli Lilly is mispriced to the upside — and the risk-reward has not turned, it has merely become less generous than it wa...
Read Article ›The bull case needs nothing new — only that a brand posting 17% growth in its own channels, with inventory down 5% and a raised earnings guide, is not the brand that gets caught in someone else's clearance event.
Read Article ›The company is a fixed-fee volume engine that beat on reliability, is forward-sold through year-end, has a funded ramp to 60–63 MTPA nearly complete, and is retiring roughly 3% of its shares a year.
Read Article ›Guidance went up, not down; the contract book lengthened; a landmark acquisition closed and its integration proceeded on plan.
Read Article ›The market broke this stock on a narrative about 2028 and has not fully repaired it against an operating record that keeps improving.
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