Market Overview - The market is perceived to have a supportive base, with expectations of potential interest rate cuts, which is reflected in current pricing [2][3] - Pullbacks in the market are seen as buying opportunities until a significant change occurs [3] Company Analysis: SanDisk - SanDisk has received increasingly bullish coverage from analysts following its spin-off from Western Digital [3][4] - The stock has risen over 15% recently, indicating strong market sentiment [4] - Technical analysis shows a bullish flag pattern, with a breakout currently in progress [6][7] - Key price levels to watch include a gap level around 96 and potential upside near 112.57 [9][10] Company Analysis: Applied Optoelectronics - Applied Optoelectronics is considered undervalued and is in a favorable market space [12] - The 20-day simple moving average is at 26.70, which is a critical level for potential entry [12] - Technical indicators suggest a resistance zone between 29 and 30.64, with a potential breakout being monitored [15][16] - The stock is currently trading just above 26, with upward trends noted in price action [17] Company Analysis: Carvana - Carvana shares have increased by 128% over the last 12 months, showcasing significant volatility [20] - The stock is currently experiencing a momentum swing breakout, with a critical resistance level around 397 [21][27] - Historical price action indicates a rising wedge pattern, with potential upside if it breaks above 390 [24][25] - Key support levels to watch include around 355 and 340, which could provide buying opportunities during pullbacks [26][28]

U.S. used electric vehicle sales surged recently as the September 30 deadline for the $7,500 federal EV tax credit puts the industry on high alert.Used EV Sales Jumped 59% In AugustPre-owned EVs are almost as affordable as their ICE-driven counterparts, with the average transaction price for a used EV in the U.S. reaching $34,700, according to Bloomberg on Saturday. The same data suggests 40,960 used EV units were sold in August, up 22% month over month and 59% YoY."It was just a matter of time until people ...

Core Viewpoint - Growth stocks are regaining popularity among investors due to decreased market volatility and optimism surrounding artificial intelligence and economic conditions, with the S&P 500 recovering all losses from previous trade tariff shocks [2][3] Group 1: Market Trends - The Cboe Volatility Index has decreased from a peak of 60 in April to 17, indicating market stabilization [2] - U.S. small-cap equities have slightly outperformed European counterparts, with the S&P 500 increasing by 7% in the last quarter [3] - Weekly inflows into U.S. stock funds reached approximately $58 billion, marking a year-to-date high and reflecting strong investor demand [3] Group 2: Investment Methodology - The evaluation of companies for potential doubling in value over the next five years is based on current-year EPS growth, five-year EPS growth, and hedge fund sentiment [5] - Hedge fund sentiment is gauged using Q2 2025 13F filings from over 900 hedge funds, focusing on companies with significant earnings growth and growing institutional interest [5] Group 3: Featured Stocks Flutter Entertainment plc (NYSE:FLUT) - Flutter has 87 hedge fund holders, with an EPS growth this year of 3,498.60% and expected 5-year EPS growth of 154.77% [7] - The company reported a strong Q2 2025 performance with 15.63% year-over-year revenue growth to $14.89 billion and EBITDA of $2.2 billion [10] - Flutter is expanding its operations in the U.S. and strengthening its international positions, supported by innovations and strategic acquisitions [9][11] Carvana Co. (NYSE:CVNA) - Carvana has 91 hedge fund holders, with an EPS growth this year of 216.91% and expected 5-year EPS growth of 51.40% [12] - The company raised its price target to $425, citing strong fundamentals and market share expansion despite facing challenges [13] - Carvana operates an online marketplace for buying and selling used automobiles, offering various services including financing and logistics [14] EQT Corporation (NYSE:EQT) - EQT has 96 hedge fund holders, with an EPS growth this year of 609.89% and expected 5-year EPS growth of 51.40% [15] - The company announced the sale of GlobalConnect, expected to be valued at approximately €8 billion, reinforcing its growth potential [16] - EQT produces and transmits natural gas and liquids in the Appalachian Basin, benefiting from favorable pricing conditions and strong financial health [17]

Core Insights - Carvana Co (NYSE: CVNA) triggered a significant Power Inflow alert, indicating bullish momentum driven by increased institutional and retail buying interest [3][4] - The alert occurred at a price of $357.65, following a period of declining stock prices during the opening hours of trading [4] - The Power Inflow signal suggests a high likelihood of bullish price movement for the remainder of the trading day, presenting a strategic entry point for traders [5] Order Flow Analytics - Order flow analytics provide insights into real-time buying and selling trends by analyzing volume, timing, and order size from both retail and institutional traders [6] - These analytics enhance decision-making by offering a detailed understanding of price behavior and market sentiment [6] Post-Market Performance - Following the Power Inflow alert, CVNA reached an intraday high of $378.47, reflecting a 5.8% increase, and closed at $371.35, a 3.8% gain [7] - The strong gains post-alert exemplify the effectiveness of order flow analytics in identifying intraday reversals and providing advantageous buying opportunities [7]

Core Insights - Ten stocks in the large-cap Russell 1000 index have achieved over 1,000% returns since the October 2022 bull market bottom, highlighting the volatility and potential of high-growth companies in a recovering market environment [1][8] - NVIDIA Corp. has seen a stock price increase of 1,438%, driven by AI adoption and its dominance in GPU technology [2] - Palantir Technologies has experienced a 2,160% rally due to rising demand for its AI-driven data analytics and expanding contracts [3] - Other notable performers include Vertiv Holdings with a 1,220% increase, Rocket Lab Corp. with a 1,094% rise, and Robinhood Markets with over 1,000% returns [4][5][6] Company Performance - NVIDIA Corp. stock rose from approximately $11 in October 2022 to over $180 today, reflecting its pivotal role in the AI boom [2] - Palantir Technologies' stock surged due to increased demand for its services, resulting in a significant rally over the past three years [3] - Vertiv Holdings benefited from strong demand for data center infrastructure, particularly for AI and cloud computing [3] - Rocket Lab Corp. stock climbed due to successful launches and growing interest in space technology [4] - Robinhood Markets achieved over 1,000% returns through strategic business moves, including a billion-dollar stock buyback [5] - Carvana Co. saw a rebound in its used car e-commerce business, contributing to its market success [5] - MicroStrategy Inc. stock has soared over 1,000% since late 2022, closely tied to Bitcoin performance [6] Market Trends - The performance of these "10-baggers" reflects a broader shift in investor risk appetite and confidence in next-generation technologies [8] - The rapid gains in these stocks indicate a willingness among investors to pursue narratives that were previously considered speculative [8] - Despite the impressive returns, stocks that have increased over 1,000% often face significant corrections, underscoring the volatility of the current market [8]

Core Viewpoint - The current market sentiment towards Pinterest (NYSE: PINS) is negative, with a 25% decline in stock price, but this is viewed as a strength by the company, indicating a contrarian investment opportunity [1] Group 1: Investment Strategy - The company emphasizes a contrarian investment approach, focusing on understanding market sentiment and competition to identify potential investment opportunities [1] - The research aims to provide clarity and conviction for serious investors, utilizing alternative data sources to gain a competitive edge [1] Group 2: Historical Performance - A notable past investment example includes Carvana, which was recommended at $5 per share at the beginning of 2023, leading to a return of over 60 times in three years due to an overblown short interest and positive alternative data signals [1]

Group 1 - Carvana's stock price has been stagnant for the past six weeks, lacking catalysts to break through the $400 mark, but its fundamentals remain strong with robust market share growth [1][2] - Recent pressures on Carvana's stock include partnerships like Amazon and Hertz, widespread use of AI models, an ongoing SEC investigation, and the bankruptcy of Tricolor [1] - Macro factors such as labor market changes and consumer confidence have had a slight negative impact on Carvana's fundamentals [1] Group 2 - Morgan Stanley analyst Rajat Gupta has raised Carvana's EBITDA expectations for Q3 from $635 million to $645 million, Q4 from $520 million to $535 million, and FY2026 from $2.975 billion to $3.05 billion [1] - Gupta has slightly increased Carvana's target stock price to $425, which is 12% higher than the closing price on Wednesday [1] - Gupta's report highlights that Carvana's significant business restructuring in 2023 has transformed it into a more profitable and agile company, with continued market share gains and superior unit economics compared to peers [2]

Core Viewpoint - Carvana (NYSE:CVNA) shares have remained stagnant over the past six weeks, lacking catalysts to push the stock above $400, while recent developments may negatively impact the stock [4]. Group 1 - Carvana's stock price has been unable to gain momentum, remaining in a neutral position for an extended period [4]. - Recent developments, including the partnership between Amazon and Hertz, are expected to exert downward pressure on Carvana's stock [4].

Group 1 - Significant bullish sentiment observed among large investors in Carvana, with 31 uncommon options trades detected [1][2] - The overall sentiment among big-money traders is split, with 45% bullish and 41% bearish, indicating mixed expectations [2] - Total options activity includes 8 puts amounting to $812,800 and 23 calls totaling $1,090,131, suggesting a notable interest in both directions [2] Group 2 - Significant investors are targeting a price range for Carvana between $80.0 and $440.0 over the past three months, indicating high volatility expectations [3] - Volume and open interest metrics are being analyzed to assess liquidity and investor interest in Carvana's options, particularly within the $80.0 to $440.0 strike price range [4] Group 3 - Recent options trades include notable bearish and bullish positions, with specific trades highlighting a mix of strategies among investors [10] - Carvana operates as an e-commerce platform for buying and selling used cars, generating revenue primarily from retail vehicle unit sales, wholesale vehicle sales, and additional services [11] Group 4 - Analysts have set an average target price of $425.0 for Carvana, with a consistent overweight rating from JP Morgan [12][13] - Current trading volume for Carvana stands at 1,168,964, with the stock price at $372.42, reflecting a 2.15% increase [15]

Group 1 - Sands Capital Select Growth Strategy reported a strong quarterly performance with a return of 27.7% in Q2 2025, significantly outperforming the Russell 1000 Growth Index, which gained 17.8% [1] - The positive performance was attributed to factors such as muted inflation, strong corporate earnings, and improving sentiment around artificial intelligence and global trade [1] - The investor letter highlighted Carvana Co. (NYSE:CVNA) as a key stock, which has seen a one-month return of 1.62% and a remarkable 138.95% increase in value over the last 52 weeks, closing at $365.35 per share with a market capitalization of $42.727 billion on September 15, 2025 [2][3] Group 2 - Sands Capital Select Growth Strategy initiated positions in Carvana Co. (NYSE:CVNA) and Arthur J. Gallagher (AJG), indicating confidence in Carvana's ability to gain market share in the fragmented used-car market [3]