Newmont's margins tripled as gold surges, balance sheet in terrific shape with net cash
Five Below is undervalued; added heavily at lower prices during the 2025 tariff war
International and ex-US stocks are fundamentally cheap and starting a run after years of lagging
Losing money on every query with no moat, this AI darling likely never makes it as models commoditize
Beaten-down largest dollar-store chain is priced as broken but set to more than double as margins recover
Cheap value, small-cap and foreign stocks in an earnings recession are set to close their discount
Insurers are priced for permanent good times just as the cyclical loss turn arrives in long-tail lines.
Dollar Tree faces the same permanent margin reset but has room to grow profitably at a beaten-down price
Energy is at mid-cycle now, but years of underinvestment set up genuine scarcity and higher prices ahead.
A car maker at 95x earnings with falling margins and slowing sales is priced for a fantasy.
At 56x earnings, this AI chip darling is priced so a $150B revenue dream barely justifies the price.
China's demographic and property collapse crushes industrial commodity demand, and iron ore is half China's game
