Why I Think JEPI Will Outperform SCHD (Archive)
JEPI’s portfolio better reflects my macro views than SCHD’s, especially on energy.
Vish (Hunting Alphas)
SCHD: Annual Portfolio Refresh Won't Help (Archive)
SCHD’s looming energy overweight risks turning dividend strength into cyclical performance drag.
Meta Platforms: Due For A Time Correction? (Archive)
Meta’s core ad business faces extended headwinds while metaverse bets remain years from clarity.
Rockwell Automation: Narratives Don't Match Numbers (Archive)
Rockwell’s valuations look stretched while manufacturing data and stubborn lead times tell another story.
Discover Financial: 4 Reasons To Buy (Archive)
Hawkish inflation tailwinds, superior loan growth, and valuation upside drive Discover’s appeal.
NetEase: Masked Margin Miss (Archive)
Favorable PC mix exposed a structural 360 bps margin headwind in core gaming.
Freshworks: On A Downward Spiral (Archive)
Freshworks is a mediocre SaaS player trapped in a worsening, unprofitable downward spiral.