Latest Articles
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First Solar Diversifies The Source Of Your Risk, Not Its Size
Its five-year correlation to the market is low, and that buys a different kind of risk rather than less of it. First Solar (FSLR) is up 18.5% over the last five trading days while the S&P 500 gained 3.7%, and a run like that pulls in buyers...
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What Lumentum Stock Adds To A Portfolio Is Not Safety
This optical supplier retains behavior of its own next to the broad market, and its swings run far wider than the index’s. Lumentum (LITE) stock is up 21% over the last five trading days, against 3.7% for the S&P 500. The pull to chas...
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What Insmed Stock’s Premium Is Actually Buying
Management has just raised the peak-sales estimate, and a large slice of it belongs to a drug still running Phase III trials. Insmed (INSM) trades about 37% below its 52-week high and still costs 25.3 times sales, against 3.3 for the S&P 50...
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Figma Is Paying For The Products It Has Not Started Charging For
Strong results, a guide that inches past the quarter behind it, and software the company gives away. Figma (FIG) delivered the kind of quarter that usually gets rewarded, and the stock fell 14.8% on the first trading day after the report. The e...
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Microsoft Stock’s Peak Margin And Its Azure Bill Are The Same Story
The risk to Microsoft stock is not demand but what serving that demand now costs, and the company’s own outlook already points margins lower. Microsoft (MSFT) trades at $499.86, and its reported profitability sits at a multi-year peak. Th...
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Oracle Stock Fell While Its Operating Margin Climbed For A Third Straight Year
The build-out that dented gross margin has not stopped the operating line from widening, and that is the number the selling appears to discount. Oracle (ORCL) stock has fallen 43% over the past year while the S&P 500 returned 23%, and one a...
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Coherent Stock Climbs 51% On A 6-Day Winning Streak
A powerful run in Coherent stock has drawn attention, but the underlying numbers suggest a more complicated picture. A recent run in Coherent (COHR) stock has added about $21 billion to the company’s market value. The stock has now moved h...
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A 6-Day Winning Streak Has Kratos Defense & Security Solutions Stock Up 31%
A multi-day surge in the defense contractor’s stock prompts a closer look at the fundamentals behind the momentum. Shares of Kratos Defense & Security Solutions (KTOS) have gained 31% in a very short time. The move comes on the back of...
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A 6-Day Winning Streak Has ATI Stock Up 26%
A powerful run has added billions in value to the stock, but the underlying business metrics suggest a different story. ATI (ATI) stock has moved higher for 6 consecutive trading days, posting a cumulative gain of 26%. The streak has added abou...
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The Strongest Case For Joby Aviation Stock Is Already Flying Passengers
A passenger network it bought a year ago is seeing more demand than it has aircraft to fly, and every aircraft off the production line is one management says it can monetize. Joby Aviation (JOBY) stock trades about 58% below its 52-week high, a...
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Apple Stock Surged On An Upgrade Cycle Its Own Reports Flagged Early
The company was reporting that AI availability tracked with better iPhone sales well before the market repriced the stock. Apple (AAPL) stock returned 55% over the past year, against 23% for the S&P 500. A move like that usually gets filed ...
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The Discount On T Stock Looks Overdone
After a fall from its highs, this telecom giant’s stock looks like a deep discount, but the market’s verdict could be a warning in disguise. AT&T (T) provides the wireless and fiber connections for millions of Americans, yet its...
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Can MU Stock Compound Its Way Higher?
A company known for cyclicality is locking in its future. Micron has signed strategic agreements with customers that include take-or-pay commitments. These 14 contracts alone represent approximately $100 billion in cumulative revenue at a minimum...
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Just How Wide Is the Risk Priced Into Adobe Stock?
The options market is pricing a vast range of outcomes for the creative software giant, and if you hold the shares, you are already exposed to the full ride. If you own shares of Adobe (ADBE), you might think of it as a stable, long-term holding...
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United Rentals Stock Rides A 6-Day Winning Streak To A 10% Gain
A sustained run for United Rentals has investors looking closer at the fundamental story behind the stock’s momentum. A six-day run in United Rentals (URI) stock has added about $6.7 billion to the company’s market value. The stock h...
