Browse Research

Earnings Update

Sep 9, 2026

Two Channels Worth $1B on Paper

Ambarella is a $2.82B edge AI chipmaker trading at 5.8x the FY2027 revenue guide, down from 8.4x in May. Two new distribution channels are sized at ~$500M each over seven years and X7 is its first standalone AI accelerator.

Robotics

Sep 6, 2026

Digit Out of the Cage

Agility will be the only listed U.S. humanoid pure-play, with a factory rated for 10,000 robots a year and paid deployments at Amazon, GXO, Schaeffler, Toyota, and Mercado Libre. However, at $13.40/share, you're paying $4.51B for just $1.78M of FY2025 revenue.

Data Centers

Aug 27, 2026

$13.8M Data Center Option

Fuel Tech trades at 1.6x sales with no debt and $29.6M of cash, ~70% of its market value. Strip the cash out and the operating business is worth ~$13.8M, with the data center pipeline as a free option.

Consumer

Aug 24, 2026

Deckers Gets Marked Down

A two-brand, share-gaining footwear business at ~12x earnings, ~40% ROE, and ~$1.1B of FCF, priced like it's done growing. Whether it's cheap or a value trap comes down to whether HOKA keeps its pricing power.

RVPH

Aug 20, 2026

Teva's Fingerprints on Reviva

Reviva pushed its Phase 3 back a year, and the stock is down ~27% since my June write-up. Two developments matter more: (1) a patent filing that stretches exclusivity to 2046 and (2) evidence Teva has studied brilaroxazine since 2023.

BRUN

Aug 16, 2026

Five More Earnings Updates!

Five quarterly updates on names from the write-up archive. I compare against guidance and discuss what actually matters underneath the headline numbers.

AWMLF

Aug 13, 2026

Pentagon's Missing Metal

A US$28M company owns the largest known undeveloped indium resource in the US. The US imports 100% of its indium, China controls 70% of supply, and the Pentagon has started soliciting purchases for the stockpile.

CELH

Aug 10, 2026

Six Earnings Updates!

A very busy earnings week across the names from past write-ups. The market mostly traded the headline while the filings told a more specific story.

UUUU

Aug 2, 2026

Five Names Worth Revisiting

A fresh look at five names from the archive, plus a quick recap of the market backdrop. For each name, I cover what happened to the business while the stock moved, where the mispricing has widened, and whether I'm adding at current prices.