Core Insights - Refuel is partnering with PAR Technology to enhance customer loyalty and engagement, aiming for a 50% increase in membership and transactions [3][8] - The new loyalty platform will be implemented across Refuel's 240+ convenience stores by the end of 2025, with ongoing refinements through 2026 [3][8] - Leadership changes at Refuel include the promotion of co-presidents to co-CEOs and the appointment of new executives in key roles [5] Company Developments - Refuel has introduced a new grab-and-go food program called EATS, featuring a variety of food items [6] - The transition to PAR Technology's platform is part of a broader trend in the convenience store industry to improve loyalty offerings and integrate retail media networks [8]

Group 1 - Bristlemoon Global Fund achieved a return of 5.0% in the September quarter and 5.6% for September 2025, net of fees [1] - Since its inception, the fund has produced a cumulative return of 19.3%, net of fees, focusing on long-term capital compounding [1] - The fund's top five holdings are highlighted as its best picks for 2025 [1] Group 2 - PAR Technology Corporation (NYSE:PAR) provides omnichannel cloud-based hardware and software solutions for the restaurant and retail sectors [2] - PAR Technology's stock experienced a one-month return of -16.22% and a 52-week decline of 35.99%, closing at $36.20 per share on October 10, 2025, with a market capitalization of $1.469 billion [2] - The stock has been part of the Bristlemoon Global Fund portfolio since inception, but it faced a significant drawdown, falling 44% from $71 per share in late July to around $40 at the end of September [3]

Core Insights - The information technology sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator for identifying oversold conditions, with values below 30 indicating potential buying opportunities [1] Company Summaries - **Freshworks Inc (NASDAQ:FRSH)**: - Recently appointed Enrique Ortegon as senior vice president and general manager of Americas Field Sales, expected to drive growth [8] - Stock has decreased approximately 15% over the past month, with a 52-week low of $10.81 [8] - Current RSI value is 29.7, with shares closing at $11.18, reflecting a 1.2% decline [8] - **PAR Technology Corp (NYSE:PAR)**: - Analyst Mark Palmer maintained a Buy rating but reduced the price target from $92 to $77 [8] - Stock has fallen around 21% in the last month, reaching a 52-week low of $37.29 [8] - Current RSI value is 23.4, with shares closing at $37.96, showing a slight increase of 0.2% [8] - **Rapid7 Inc (NASDAQ:RPD)**: - Analyst Erin Wilson maintained an Equal-Weight rating and lowered the price target from $28 to $22 [8] - Stock has decreased about 14% over the past month, with a 52-week low of $17.76 [8] - Current RSI value is 26.3, with shares closing at $17.77, reflecting a 4.5% decline [8]

Core Insights - The information technology sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator for identifying oversold conditions, with values below 30 indicating potential buying opportunities [1] Company Summaries - **Freshworks Inc (NASDAQ:FRSH)**: - Recently appointed Enrique Ortegon as senior vice president and general manager of Americas Field Sales, expected to drive growth [8] - Stock has decreased approximately 15% over the past month, with a 52-week low of $10.81 [8] - Current RSI value is 29.7, with shares closing at $11.18, reflecting a 1.2% decline [8] - **PAR Technology Corp (NYSE:PAR)**: - Analyst Mark Palmer maintained a Buy rating but reduced the price target from $92 to $77 [8] - Stock has fallen around 21% in the last month, reaching a 52-week low of $37.29 [8] - Current RSI value is 23.4, with shares closing at $37.96, showing a slight increase of 0.2% [8] - **Rapid7 Inc (NASDAQ:RPD)**: - Morgan Stanley analyst Erin Wilson maintained an Equal-Weight rating and lowered the price target from $28 to $22 [8] - Stock has decreased about 14% over the past month, with a 52-week low of $17.76 [8] - Current RSI value is 26.3, with shares closing at $17.77, reflecting a 4.5% decline [8]

Core Insights - The analyst previously rated PAR as a Hold when the stock was approximately $66, indicating that while the fundamentals were strong, the stock price did not provide sufficient upside potential for investors if performance faltered [1]. Group 1 - The analyst emphasizes a focus on technology, infrastructure, and internet services, particularly favoring companies that exhibit strong fundamentals alongside significant growth potential [1]. - The article aims to foster thoughtful discussions around investment ideas and long-term returns, rather than short-term market fluctuations [1].

Company Performance - Shares of PAR Technology (NYSE: PAR) have declined over 40% year-to-date, indicating that the company's performance has not met the high expectations set by investors [1]. Analyst Background - The analysis is conducted by an individual investor with over 7 years of personal investment experience, focusing on undercovered companies across sectors such as technology, software, electronics, and energy transition [1]. Investment Strategy - The investor aims to identify asymmetric investment opportunities with the potential for market-beating returns, particularly in small to mid-cap companies that are less researched by others [1].

Company Performance - Shares of PAR Technology (NYSE: PAR) have declined over 40% year-to-date, indicating that the company's performance has not met the high expectations set by investors [1]. Analyst Background - The analysis is conducted by an individual investor with over 7 years of personal investment experience, focusing on undercovered companies across sectors such as technology, software, electronics, and energy transition [1]. Investment Strategy - The investor aims to identify asymmetric investment opportunities with the goal of achieving market-beating returns, particularly in small to mid-cap companies that are less researched by others [1].

Core Insights - PAR Technology Corporation has launched PAR Games™, an interactive loyalty experience aimed at enhancing guest engagement through personalized brand interactions triggered by everyday behaviors [1] - The new loyalty program seeks to transform traditional passive loyalty into real-time emotional engagement, helping marketers increase customer visits and gather zero-party data while minimizing reliance on discounts [1] Company Overview - PAR Technology Corporation is recognized as a leading provider of foodservice technology [1] - The introduction of PAR Games™ reflects the company's commitment to innovating loyalty programs in the foodservice industry [1]

Core Insights - PAR has undergone a significant transformation over the past decade, evolving from a hardware and services provider to a more software-oriented business model [1] Company Background - For approximately 40 years, PAR primarily operated as a hardware and services provider, notably inventing the point-of-sale terminal and experiencing success in the 1980s, followed by a challenging 25-year period focused on selling hardware and services to restaurants [2] - The business model was cyclical, heavily dependent on the purchasing cycles of restaurants, with PAR's logo visible on devices but lacking in software sales [2] Strategic Developments - In 2014, PAR made a strategic acquisition of Brink, a cloud-based point-of-sale software, marking its entry into the software space, which initially served only a few hundred stores [3] - The leadership change in 2018 brought new direction and focus to the company's growth strategy [3]

NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE: PAR), a leading foodservice technology provider, today announced the launch of PAR® AI, the new intelligence layer embedded directly into the PAR product suite. PAR AI introduces Coach AIâ"¢, a purpose-built intelligent assistant designed for critical roles in restaurant operations. Intelligence That's Built In, Not Bolted On Unlike AI add-ons that create complexity and enable silos, PAR AI-powered features are built into the. ...