$Micron Technology(MU)$ still has to be one of the more mispriced stocks in the market especially after Davidson just raised their PT to $3,000. Here's some key points on $Micron Technology(MU)$: 1. Keep saying it's cyclical all you want. It's still not. -> 87% gross margins are not a sign of a "cyclical" stock. -> $33B worth of FCF (61% margins) + cash position covering a further buildout is not a sign either. 2. If EPS doesn't grow from Q1 forecast...we're looking at $153 in EPS in FY27 which means the stock trades at 7x EPS. -> For reference the $SPDR S&P 500 ETF Trust(SPY)$ now trades ~21x EPS. 3. 87% gr

This William Blair $NEBIUS(NBIS)$ ARR forecast of $71.7B is just below my absolute base case of $72.8B I laid out in August. My bull case has an ARR ~30% higher than this at $93.6B. This is where the valuation starts to get quite exciting: -> EBITDA margins will end up closer to 60% so we'll have an EBITDA forecast of $56.2B. -> A base case EBITDA multiple of ~16x (on 152% CAGR) gives us a $900B EV (extreme as doesn't model in CapEx). -> Use an EBIT approach with 30% margins which gives us $28.1B in EBIT. -> A base case EBIT multiple in the 20-24x range gives us $617B EV. Either way... I think we end up +$500B EV by 2030. Granted we'll have to deal with some chop along the way.

A reminder with most physical AI stocks down ~30% from highs Jensen $NVIDIA(NVDA)$ said Physical AI could ultimately be 10x larger than digital AI Here's a simple "picks and shovels" roadmap: -> BEARINGS & ACTUATORS: $Regal Rexnord(RRX)$ $RBC Bearings(RBC)$ $Ametek Inc(AME)$ Harmonic Drive -> SENSORS: $Sensata Technologies Holding N.V.(ST)$ $Allegro MicroSystems, Inc.(ALGM)$ $Allient

I think $Grab Holdings(GRAB)$ has ~2x potential from here to FY29/FY30 but not much higher. Relative to the upside potential for other names...it's good but slightly less exciting. I forecast ~$8B in revenue in FY29 which at 19% net margins gives us $1.52B in net income and $0.37 in EPS (4.1B outstanding shares). ~20x EPS estimate which I think is fair given $Uber(UBER)$ ~18x, but with the potential of the financial services platform (combined with the SEA risk) 20x EPS on $0.37 gives you $7.40 (130% gain). Fwiw, I think a recovery play like $Snap Inc(SNAP)$ actually has more upside (but with more risk). Solid but p

Hello everyone! Today i want to share some trading ideas with you! It really does seem like the yield narrative has taken a back seat now as the $Invesco QQQ(QQQ)$ hits a new high today. I've been saying for the past 2 months that: 1. The macro isn't as bad as doomers suggest. 2. The forecasts we're seeing in AI CapEx and the capital flowing to the supply chains from that CapEx will trump an elevated 10Y yield. And now here we are: -> $Invesco QQQ(QQQ)$ at ATHs -> Crypto breaking out with $Coinbase Global, Inc.(COIN)$ and $Robinhood(HOOD)$ moving 22% and