Steel oil pipes from refinery.getty Drill baby, drill is driving vanilla energy investors nuts. Drilling permits spike one month and plunge the next. Crude oil itself is sitting in the $60s, too low for producers to make real money.Our contrarian solution? Focus on the energy toll collectors—particularly a dividend duo dishing up to 8.1%.Pipeline owners are paid every time oil and gas flow through their pipes. The latest headlines about GDP, drilling permits or (heck) the Federal Reserve don’t matter here, ...

WASHINGTON, DC - APRIL 30: U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on "Investing in America" on April 30, 2025 in Washington, DC. Trump was joined by CEOs to highlight companies and their investments in the United States during the event. (Photo by Andrew Harnik/Getty Images)Getty ImagesWithout U.S. investors, there would be little China-based technological advance of the high-end variety to talk about. That’s why it’s bo ...

Dividend Announcements - Alphabet, Becton, Dickinson, and Rogers Communications will trade ex-dividend on 9/8/25 for their upcoming dividends [1] - Alphabet will pay a quarterly dividend of $0.21 on 9/15/25, Becton, Dickinson will pay $1.04 on 9/30/25, and Rogers Communications will pay $0.50 on 10/3/25 [1] Expected Price Adjustments - Alphabet's dividend represents approximately 0.09% of its recent stock price of $231.10, leading to an expected price drop of 0.09% on 9/8/25 [2] - Becton, Dickinson is expected to open 0.55% lower, while Rogers Communications is expected to open 1.40% lower, all else being equal [2] Historical Dividend Analysis - Historical dividend data can provide insights into the stability of future dividends, which is crucial for assessing annual yield expectations [7] - Current estimated annualized yields are 0.36% for Alphabet, 2.20% for Becton, Dickinson, and 5.60% for Rogers Communications [7] Market Performance - On the day of the report, Alphabet shares are up about 9%, Becton, Dickinson shares are up about 0.7%, and Rogers Communications shares are up about 0.4% [8]

Core Viewpoint - American Eagle's shares surged approximately 30% following the announcement of second-quarter earnings that exceeded Wall Street expectations, driven by the success of its controversial advertising campaign featuring Sydney Sweeney [1][2]. Financial Performance - American Eagle reported Q2 revenue of $1.28 billion and earnings per share of $0.45, surpassing economist estimates of $1.23 billion and $0.20 respectively [2]. - The company experienced an increase in customer awareness, engagement, and comparable sales, attributed to recent marketing campaigns [2]. Customer Growth and Engagement - The retailer gained 700,000 new customers in the latest quarter, with consistently positive traffic reported throughout August [3]. - The marketing campaign featuring Sydney Sweeney is expected to continue, with new elements being introduced as the year progresses [4]. Advertising Campaign Details - The "Sydney Sweeney Has Great Jeans" ad campaign launched in late July and has faced some backlash for perceived implications regarding desirability traits [5]. - Despite the controversy, the campaign has received praise from notable figures, including President Donald Trump, who stated that American Eagle's jeans were "flying off the shelves" [5]. Stock Performance Context - Despite the recent rally, American Eagle's shares have declined by 20.4% year-to-date, indicating volatility in the stock's performance [4].

Core Viewpoint - Intuitive Surgical's stock has underperformed in 2023, dropping 16% compared to the S&P 500's 10% increase, primarily due to management's concerns over potential tariffs affecting performance in 2026 [2][3] Financial Performance - Intuitive Surgical's revenues have shown significant growth, increasing by 20.8% from $7.6 billion to $9.1 billion in the last 12 months, compared to a 5.1% growth for the S&P 500 [6] - The company has an average top-line growth rate of 15.4% over the last three years, significantly higher than the S&P 500's 5.3% [6] - Quarterly revenues rose by 21.4% to $2.4 billion in the most recent quarter from $2.0 billion a year earlier, while the S&P 500 saw a 6.1% improvement [6] Profitability Metrics - Intuitive Surgical's operating income over the last four quarters was $2.6 billion, with an operating margin of 28.8%, compared to 18.6% for the S&P 500 [14] - The company's net income for the last four quarters was also $2.6 billion, demonstrating a net income margin of 28.5%, significantly higher than the S&P 500's 12.7% [14] - Intuitive Surgical's price-to-earnings (P/E) ratio stands at 61.0, compared to the S&P 500's 23.9, indicating a high valuation relative to the market [6] Financial Stability - The balance sheet of Intuitive Surgical appears robust, with no debt and cash (including cash equivalents) amounting to $5.3 billion out of total assets of $20 billion, resulting in a cash-to-assets ratio of 26.4% [14] - The company's price-to-sales (P/S) ratio is 17.4, compared to 3.3 for the S&P 500, reflecting a premium valuation [6] Market Position and Outlook - Intuitive Surgical is perceived to have a near-monopoly status in the robotic surgery sector, which supports its premium valuation [11] - Despite high valuation metrics, the company's improving revenue growth and margins justify the premium, making it an attractive investment opportunity at current levels [11][12]

The Salesforce logo is displayed on a mobile phone with the company's emblem seen in the background in this photo illustration in Brussels, Belgium, on August 25, 2025. (Photo by Jonathan Raa/NurPhoto via Getty Images)NurPhoto via Getty ImagesSalesforce stock is presently experiencing downward pressure as investors evaluate its strong operational performance within the context of decelerating growth. Even though the company reported a positive quarter, its revenue forecast slightly fell short of expectation ...

American Eagle’s shares jumped by more than 24% as of around 8:20 a.m. EDT, pacing what would be the stock’s largest-ever single-day gain. ...

Core Thesis - Opendoor Technologies has the potential to reach a share price of $9–10, doubling from its current price of $5, driven by revenue recovery and valuation reset [3][4][8] Revenue and Valuation - Opendoor recorded revenues of $6.9 billion in 2023 and $5.2 billion in 2024, with forecasts suggesting a recovery to $12–13 billion by 2026 [3] - The company is currently trading at 0.3x forward sales, significantly lower than competitors like Zillow, which trades at 3x [4] - If revenues recover to $12 billion and the price-to-sales (P/S) multiple increases to between 0.7 and 1.0x, the stock could trade around $9–10 [4][8] Key Growth Drivers - Housing market stabilization is expected as mortgage rates decrease and inventory remains constrained, leading to increased transaction activity [6] - Improving unit economics with gross margins rising from negative figures in 2022 to approximately 5–6% in 2024 due to better pricing algorithms [6] - Diversification into mortgage, title, and home services is increasing revenue per customer and reducing reliance on iBuying [6] - Partnerships with Zillow, Realtor.com, and homebuilders are enhancing deal flow and distribution [6] Path Toward Profitability - The company has shown positive adjusted EBITDA in recent quarters and is projected to significantly reduce net losses by 2025, which could attract institutional investors [7][9]

Core Viewpoint - Uber Technologies has transitioned from being perceived as an underdog to a strong performer, achieving significant stock price increases and demonstrating financial strength through revenue growth and cash flow generation [1][6]. Financial Performance - Uber reported $12.65 billion in revenue for the most recent quarter, an 18% year-over-year increase, with Gross Bookings rising 17% to $46.8 billion [1]. - The number of trips surged 18% to 3.3 billion, and net income reached $1.35 billion [1]. - Free cash flow generated in Q2 was $2.48 billion, bringing the total for the trailing 12 months to over $8.5 billion [1]. Shareholder Returns - Management announced a $20 billion share buyback, representing nearly 10% of the company's market cap, marking a significant shift from previous cash burn periods [1]. Valuation Metrics - Uber is currently trading at approximately 30x forward earnings and about 4x sales, which is a premium compared to traditional transportation companies like FedEx and UPS [1]. - In contrast, DoorDash is valued at 5.5x sales despite being unprofitable, while Lyft is priced at about 18x forward earnings but lacks the same scale and profitability as Uber [1]. Competitive Landscape - Uber faces competition from Lyft in ride-hailing and DoorDash in delivery, as well as logistics giants FedEx and UPS in e-commerce [2]. - The company is investing in autonomous vehicles and AI-driven logistics, including a $300 million stake in Lucid, which could enhance profit margins in the long run [2]. Historical Volatility - Uber's stock has shown volatility during market downturns, with a significant drawdown of 67% in 2022, compared to a 25.4% decline in the S&P 500 [5][8]. Future Outlook - Analysts expect bookings to approach $49 billion next quarter, with EBITDA guidance exceeding $2.2 billion, indicating potential for continued growth [6]. - However, at 30x forward earnings, there is less room for error, and any slowdown in demand or setbacks in autonomous strategies could impact performance [6].

Core Viewpoint - Constellation Brands has experienced a significant stock decline of 32% in 2023, underperforming the S&P 500, which has risen by 9% due to lowered sales and earnings forecasts linked to decreased demand for its beers among the Hispanic community in the U.S. [2][3] Financial Performance - Constellation Brands' revenues have decreased significantly in recent years, with a 0.5% decline from $10 billion over the last 12 months, contrasting with a 5.1% growth for the S&P 500 [6] - The company holds a price-to-sales (P/S) ratio of 2.7 compared to 3.3 for the S&P 500, and a price-to-free cash flow (P/FCF) ratio of 12.9 versus 21.0 for the S&P 500 [6] - Operating income over the last four quarters amounted to $3.2 billion, with an operating margin of 31.7%, while net income registered at -$442 million, indicating a net income margin of -4.4% [12] Profitability and Financial Stability - Profit margins for Constellation Brands are approximately at the median level for companies within the Trefis coverage universe, but the balance sheet appears fragile [7][8] - The company has a debt of $12 billion against a market capitalization of $27 billion, resulting in a debt-to-equity ratio of 43.2%, which is higher than the S&P 500's 20.5% [12] Resilience in Downturns - STZ stock has shown slightly worse performance than the S&P 500 during recent downturns, indicating moderate resilience [9][10] - The overall assessment of Constellation Brands across key performance indicators shows weaknesses, reflected in its current low valuation, with growth rated as very weak, profitability as moderate, financial stability as weak, and downturn resilience as moderate [13]