| Position | Last | Day | Thesis | Chart | Beta | Spread Z | 1Y · levels | Next catalyst | In |
|---|---|---|---|---|---|---|---|---|---|
| $367 | +1.4% | 0.51 | +0.34 | Confirmed fiscal Q4 earningsAug 25 | 4d | ||||
ValuationFiscal Q3 revenue$8.6B Online ecosystem growth+19% Consumer growth+8% Last$367 SectorTechnology Market reference levels52W low$254 Aug 20 close$362 52W high$709 Trading +1% versus August 20 close Intuit is an AI-driven financial-platform compounder. TurboTax Live, QuickBooks Online, Credit Karma, and mid-market growth must sustain double-digit revenue and margin expansion while AI competition, tax seasonality, and customer-trust risk do not erode the economics. | |||||||||
| $81.79 | +2.9% | 0.38 | -0.79 | Confirmed investor daysSep 15 | 25d | ||||
ValuationQ2 net sales$6.38B Q2 operating EBITDA$2.26B FY26 EBITDA guide$4.1–4.3B Last$81.79 SectorMaterials Market reference levels52W low$60.56 Aug 18 reference$78.07 52W high$90.51 Trading +5% versus August 18 market reference Corteva is a seed-pricing, crop-protection productivity, and separation position. Seed technology and cost discipline must preserve margin growth while the September investor days and October Vylor spin create two investable companies without operational disruption or stranded costs. | |||||||||
| $5.92 | -0.8% | 1.78 | -1.33 | Est. Q3 earningsNov 10 | 81d | ||||
ValuationMarket cap$5.6B P/B3.5× RevenuePre-commercial Last$5.92 SectorReal Estate / Infrastructure Intrinsic entry levelsBear$4.47 Base$7.26 Bull$15.00 Trading -18% versus base case A development-stage bet on Project Matador becoming a scarce, gigawatt-scale powered AI campus. Commercial agreements and funded delivery—not headline capacity—must validate it. | |||||||||
| $160 | +0.3% | 2.19 | -0.90 | Est. fiscal Q1 earningsSep 9 | 19d | ||||
ValuationFY26 revenue$1.977B Funded backlog$1.2B FY27 revenue guide$2.125–2.225B Last$160 SectorIndustrials Market reference levels52W low$137 Aug 20 close$160 52W high$410 Trading +0% versus August 20 close AeroVironment is a defense-autonomy and unmanned-systems backlog-conversion position. BlueHalo integration, funded orders, and supply-chain execution must turn fiscal 2026's acquisition-led scale into durable organic growth, margins, and cash flow. | |||||||||
| $27.43 | -3.4% | -1.47 | -1.26 | Est. July NAV updateAug 30 | 9d | ||||
ValuationJune 22 NAV/share$8.92 June 22 total assets$192.5M Est. annual expenses3.98% Last$27.43 SectorTechnology Market reference levels52W low$21.01 Aug 17 close$32.49 52W high$41.74 Trading -16% versus Aug 17 close RoboStrategy is a closed-end private-robotics access position. Monthly NAV growth and portfolio-company financing or liquidity events must outrun the stock's premium to stale Level 3 marks, a 3.98% estimated expense load, dilution, and weak price discovery. | |||||||||
| $124 | +1.3% | 0.46 | +0.44 | Est. fiscal Q1 earningsSep 30 | 40d | ||||
ValuationFY26 revenue$6.51B FY26 operating income$2.51B FY27 adj. EPS guide+7%–9% Last$124 SectorIndustrials Market reference levels52W low$83.61 Aug 18 close$120 52W high$135 Trading +4% versus August 18 close Paychex is a payroll and human-capital-management compounder with Paycor integration upside. Fiscal 2027 organic growth, cross-selling, and margin expansion must outrun acquisition amortization, debt costs, labor-market softness, and an expensive recurring-revenue multiple. | |||||||||
| $223 | +0.5% | 1.63 | +0.72 | Est. Q3 earningsNov 4 | 75d | ||||
ValuationQ2 Marketplace GOV$33.1B Q2 revenue$4.5B Q2 adjusted EBITDA$914M Last$223 SectorConsumer Discretionary Market reference levels52W low$147 Aug 18 reference$216 52W high$282 Trading +4% versus August 18 market reference DoorDash is a local-commerce network position. Order and GOV growth, DashPass engagement, Deliveroo integration, and grocery/retail unit economics must compound faster than insurance, regulation, autonomy investment, and international complexity consume the margin upside. | |||||||||
| $182 | -0.1% | 0.88 | -0.20 | Est. Q3 earningsOct 29 | 69d | ||||
ValuationQ2 revenue$7.7B Q2 adjusted OI$817M Event deferred revenue$6.4B Last$182 SectorCommunication Services Market reference levels52W low$126 Aug 18 reference$181 52W high$188 Trading +1% versus August 18 market reference Live Nation is a live-events demand and venue-capacity position. Record ticket sales and deferred revenue must convert into double-digit adjusted operating income and cash flow while legal remedies, capital intensity, weather, and artist or fan affordability do not impair the flywheel. | |||||||||
| Thesis | Last | Day | Thesis | Chart | Beta | Spread Z | 1Y | Next catalyst | In |
|---|---|---|---|---|---|---|---|---|---|
| $121 | +4.7% | 1.07 | -0.88 | Confirmed fiscal Q2 earningsSep 3 | 13d | ||||
ValuationFiscal Q1 revenue$2.5B Fiscal Q1 gross margin54.2% FY26 revenue guide$11.0–11.15B Last$121 SectorSee full thesis Market reference levels52W low$105 Aug 20 close$116 52W high$216 Trading +5% versus August 20 close | |||||||||
| $40.76 | +1.4% | 0.95 | -1.40 | Confirmed annual meetingSep 8 | 18d | ||||
ValuationFY26 revenue$46.4B Q4 NIKE Direct-9% CC May 31 inventory$7.5B Last$40.76 SectorSee full thesis Market reference levels52W low$40.51 Aug 14 close$40.73 52W high$77.06 Trading +0% versus Aug 14 close | |||||||||
| $63.64 | -0.2% | 0.28 | +1.01 | Confirmed EIA STEOSep 9 | 19d | ||||
ValuationAug 17 NAV$62.57 Fund AUM$41.06B Gross expense ratio0.08% Last$63.64 SectorSee full thesis Market reference levels52W low$41.24 Aug 18 close$63.68 52W high$63.68 Trading -0% versus August 18 close | |||||||||
| $107 | +3.0% | 1.05 | -0.00 | Est. fiscal Q4 earningsOct 28 | 68d | ||||
ValuationFiscal Q3 revenue$9.3B Global comparable sales+7.9% GAAP operating margin10.5% Last$107 SectorSee full thesis Market reference levels52W low$76.51 Aug 20 close$104 52W high$108 Trading +3% versus August 20 close | |||||||||
| $25.01 | +0.7% | 1.01 | +0.33 | Est. Q3 earningsOct 28 | 68d | ||||
ValuationQ2 revenue$319.7M Q2 adjusted EBITDA$136.7M Net revenue retention108% Last$25.01 SectorSee full thesis Market reference levels1Y low$17.31 Aug 13 close$25.08 1Y high$40.89 Trading -0% versus Aug 13 close | |||||||||
| $24.41 | +4.5% | 0.86 | +0.28 | Est. Q3 earningsNov 3 | 74d | ||||
ValuationQ2 revenue$2.8B Q2 adjusted EBITDA$407M Q2 free cash flow-$153M Last$24.41 SectorSee full thesis Market reference levels1Y low$19.82 Aug 12 close$22.60 1Y high$31.04 Trading +8% versus Aug 12 close | |||||||||
| $36.64 | +3.7% | 1.29 | +0.60 | Est. Q3 earningsNov 3 | 74d | ||||
ValuationQ2 GPV$60.7B LocationsApprox. 180K Q2 net income$154M Last$36.64 SectorSee full thesis Market reference levels52W low$22.33 Aug 18 reference$35.44 52W high$45.10 Trading +3% versus August 18 market reference | |||||||||
| $79.44 | -1.7% | 1.68 | -1.84 | Est. Q3 earningsNov 5 | 76d | ||||
ValuationQ2 net sales$627.0M Q2 gross margin24.3% Total backlog$2.0B Last$79.44 SectorSee full thesis Market reference levels52W low$71.77 Aug 13 close$87.67 52W high$148 Trading -9% versus Aug 13 close | |||||||||
| $15.53 | -0.8% | 0.74 | -0.50 | Est. Q3 resultsNov 5 | 76d | ||||
ValuationQ2 revenue$138.1M Q2 adjusted EBITDA$57.6M Average paying users1.4M Last$15.53 SectorSee full thesis Market reference levels52W low$9.85 Aug 17 close$15.81 52W high$17.94 Trading -2% versus Aug 17 close | |||||||||
| $32.04 | +1.5% | 1.03 | +0.12 | Est. Q3 resultsNov 5 | 76d | ||||
ValuationQ2 total revenue$4.88B Q2 medical loss ratio79.2% Q2 net income$361.8M Last$32.04 SectorSee full thesis Market reference levels52W low$10.85 Aug 17 close$31.55 52W high$32.76 Trading +2% versus Aug 17 close | |||||||||
| $9.10 | +6.9% | 1.80 | -0.92 | Est. Q3 earningsNov 9 | 80d | ||||
ValuationQ2 net sales$1.67M Q2 net loss$238.1M June 30 cash$215.5M Last$9.10 SectorSee full thesis Market reference levels52W low$7.06 Aug 18 reference$8.06 52W high$18.50 Trading +13% versus August 18 market reference | |||||||||
| $33.78 | +6.0% | 2.54 | -0.14 | Est. Q3 earningsNov 9 | 80d | ||||
ValuationQ2 revenue$753M Q2 subscribersNearly 2.9M FY26 revenue guide$3.1–3.3B Last$33.78 SectorSee full thesis Market reference levels52W low$14.52 Aug 18 reference$27.86 52W high$62.76 Trading +21% versus August 18 market reference | |||||||||
| $87.85 | -2.1% | 1.71 | -0.74 | Est. Q3 earningsNov 10 | 81d | ||||
ValuationQ2 revenue$2.575B Revenue backlog$104B Q2 net loss$626M Last$87.85 SectorSee full thesis Market reference levels52W low$60.82 Aug 18 reference$93.73 52W high$143 Trading -6% versus August 18 market reference | |||||||||
| $1.42 | +19.3% | 0.87 | +1.81 | Est. Q3 resultsNov 11 | 82d | ||||
ValuationAug 11 ZEC holdings323,394 Q2 net income$39.4M June 30 cash$7.6M Last$1.42 SectorSee full thesis Market reference levels52W low$0.24 Aug 17 close$0.71 52W high$2.97 Trading +100% versus Aug 17 close | |||||||||
| $39.10 | +8.4% | 2.06 | +1.00 | Est. Q3 earningsNov 12 | 83d | ||||
ValuationQ2 loan volume$4.3B Q2 net revenue$226M Q2 adjusted EBITDA$119M Last$39.10 SectorSee full thesis Market reference levels52W low$24.91 Aug 18 reference$35.60 52W high$73.91 Trading +10% versus August 18 market reference | |||||||||
| $10.19 | -2.5% | 0.35 | -1.38 | Est. fiscal Q4 earningsNov 19 | 90d | ||||
ValuationFiscal Q3 sales growth4.2% Fiscal Q3 adjusted EBITDA$78.3M Adjusted gross margin27.7% Last$10.19 SectorSee full thesis Market reference levels1Y low$7.90 Aug 12 close$10.85 1Y high$42.68 Trading -6% versus Aug 12 close | |||||||||