Core Insights - Telenor Group and Vodafone Group have announced a strategic partnership between their global procurement organizations to enhance procurement capabilities and leverage combined purchasing power [1][3][5] - The partnership aims to create value for customers and unlock savings through collaboration, while also strengthening supply chain resilience in a changing geopolitical landscape [3][4] - Telenor and Vodafone together serve over 550 million customers across 23 countries, with a combined annual procurement spend exceeding €26 billion (NOK 300 billion) [2] Group 1 - The partnership is designed to deepen supplier engagement and promote sustainable business practices, emphasizing high standards of environmental and social responsibility [4][5] - Telenor's Chief Procurement Officer highlighted that the collaboration will enhance competitiveness and address common challenges in the global supplier landscape [5] - Vodafone's Supply Chain Management Director expressed excitement about the collaboration, noting it will drive efficiencies and innovation while simplifying partner engagement [5] Group 2 - Telenor Group operates in the Nordics and Asia, reaching 207 million subscribers and reporting revenues of NOK 79.9 billion in 2024 [10] - Vodafone Group is a leading telecom company in Europe and Africa, serving over 355 million mobile and broadband customers and managing one of the world's largest IoT platforms with 215 million connections [12]

U.S. stocks settled higher on Friday, with the Dow Jones index gaining around 300 points during the session following the release of inflation data.Major indices, however, recorded losses last week, with the Nasdaq Composite falling 0.7% and S&P 500 losing 0.3%. The Dow also fell 0.2% during the week.Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one sin ...

🚨 TELCOIN IN 2025 - Catch up on @telcoin $TEL's most important news and developments from the year so far... What could be next? https://t.co/mAe06UbvMN ...

Core Viewpoint - Elon Musk emphasized that Tesla is fully committed to scaling the Optimus project, defining it as the most important product in the company's history, with expectations that it will account for 80% of the company's future value [2][6]. Group 1: Production Timeline and Goals - Tesla aims for internal limited production and testing of thousands of Optimus units by 2025, ramping up to 50,000-100,000 units for external sales in 2026, and targeting an annual production of 1 million units within five years [2]. - The current supply chain for Optimus is based on the design of Optimus V2, with actuators and sensors each accounting for approximately 30% of material costs [4]. Group 2: Supply Chain and Component Suppliers - The supply chain for Optimus includes Tier 1 suppliers such as Sanhua Intelligent Controls and Top Group for actuators, and Mingzhi Electric and Zhaowei Electromechanical for dexterous hands [7]. - Key component suppliers include Shuanghuan Transmission and Lide Harmony for reducers, Best for lead screws, and Rongtai Health for insulation parts [7]. - International Tier 1 suppliers include Amphenol for cables, TE Connectivity for six-dimensional torque sensors, and THK for lead screws [8]. Group 3: Challenges and Development Needs - Current challenges for Optimus include hardware issues such as overload and overheating of joint motors, insufficient dexterity and load capacity of dexterous hands, and the lifespan of transmission components [10]. - There is a need for improved compatibility between hardware and software, particularly in complex dynamic environments and multi-task coordination [10]. Group 4: Thermal Management Solutions - The thermal management system for Optimus V3 is similar to that of electric vehicles, focusing on the management of key components like batteries and motors [11]. - Sanhua Intelligent Controls is developing liquid cooling modules for Optimus, leveraging its experience in electric vehicle thermal management to address overheating issues in robotic joints [13]. - Sanhua plans to deliver approximately 2,000 actuators to Tesla by Q3 2025, with an annual order forecast of 5,000-10,000 units [13]. Group 5: Industry Trends and Future Outlook - Domestic suppliers are increasing investments to meet the demand for high-performance, miniaturized thermal management components for robots [14]. - The year 2025 is anticipated to be a pivotal year for humanoid robot mass production, with 2026 expected to be a critical turning point for the industry landscape [14]. - The upcoming iTherM 2025 conference will address advanced thermal management technologies and materials relevant to humanoid robots [15].

Core Insights - TE Connectivity PLC is recognized as one of the best manufacturing stocks to buy currently, highlighting its strong market position and growth potential [1] Company Overview - TE Connectivity PLC (NYSE:TEL) is a global leader in connectivity and sensor solutions, serving various markets including transportation, industrial, medical, energy, and data communications across 130 countries [2] Financial Performance - In 2025, TE Connectivity demonstrated strong financial momentum with third-quarter results exceeding Wall Street expectations, showcasing double-digit sales and earnings growth driven by robust demand in industrial segments [3] - The company declared a regular quarterly cash dividend of $0.71 per ordinary share, payable in December, reflecting its commitment to shareholder returns [3][5] Strategic Moves - TE Connectivity expanded its North American energy footprint through a $2.3 billion acquisition of Richards Manufacturing, which strengthens its industrial and energy segments and supports the modernization of underground utility networks [4] - The company is recognized on the 2025 Clarivate Top 100 Global Innovators list and has been named among the World's Most Ethical Companies for the 11th consecutive year, emphasizing its focus on innovation and ethical practices [5] Innovation and Technology - Innovation is central to TE Connectivity's growth strategy, with active integration of artificial intelligence and automation technologies into its operations, positioning the company as a key player in factory digitalization and long-term industrial innovation [5]

Core Viewpoint - An overlooked part of the market, specifically industrial stocks, is performing exceptionally well in 2025, with UBS identifying 11 compelling buy-rated investment ideas in this sector [2][4]. Group 1: Market Performance - Industrial stocks in the S&P 500 have increased by 15.2% year-to-date, surpassing the benchmark index's rise of 12% [3]. Group 2: Recommended Stocks - UBS highlighted the following companies as strong investment opportunities: - **Woodward (WWD)**: Year-to-date performance of +42%, with expectations of expanding margins and doubling free cash flow (FCF) in the coming years, leading to revenue, EBITDA, and FCF estimates 3%, 6%, and 11% above consensus for FY26 [5]. - **Alaska Air Group (ALK)**: Year-to-date performance of -9%, with confidence in long-term earnings power due to premium seat expansion and easing competitive pressures [6]. - **CSX Corporation (CSX)**: Year-to-date performance of +1.5%, with multiple drivers of EPS growth anticipated and a reduction in operating costs by approximately $100 million in 2026 [7]. - **TE Connectivity PLC (TEL)**: Year-to-date performance of +49%, with strong exposure to AI growth and signs of recovery in other lagging end-markets [8].

Group 1 - Nvidia is set to acquire a stake in Intel, indicating a strategic move in the semiconductor industry [4] - TE Connectivity has gained attention from mutual funds, with its stock appearing on IBD's list of new buys for the second consecutive month, highlighting investor interest [1] - Major tech companies including Tesla, Alphabet, Amazon, Apple, and Meta Platforms have supplier connections with TE Connectivity, suggesting a strong network within the industry [1] Group 2 - The stock market is reacting positively, with Dow Jones futures signaling potential new highs following the Federal Reserve's recent actions [4] - Meta Platforms is under scrutiny as it navigates potential regulatory challenges, particularly regarding its TikTok deal [4] - Tesla has settled two more lawsuits related to its Autopilot feature, although investor reactions appear muted [4]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Market Overview - The broader equity markets have reached all-time highs, driven by optimism regarding a potential interest rate cut by the Federal Reserve despite concerns about the economy and a slowdown in the labor market [1] - The consumer price index increased by 0.4% for the month, surpassing expectations of a 0.3% rise, while only 22,000 jobs were added in August, indicating soft labor market conditions [1] Investment Strategy - Investors are adopting a wait-and-see approach regarding the central bank's monetary policy and its outlook on economic growth and inflation, which may influence future rate cuts [2] - Identifying "cash cow" stocks with high returns is essential, but it must be supported by attractive efficiency ratios like return on equity (ROE) [2][3] Importance of ROE - ROE, calculated as Net Income divided by Shareholders' Equity, helps investors differentiate between profit-generating companies and those that are not, indicating financial health [3] - A higher ROE signifies effective management in generating profits without new equity capital, thus rewarding shareholders with attractive risk-adjusted returns [4] Stock Screening Parameters - Stocks were shortlisted based on criteria including Cash Flow greater than $1 billion and ROE exceeding the industry average [5] - Additional metrics include Price/Cash Flow lower than the industry average, Return on Assets (ROA) greater than the industry average, and 5-Year EPS Historical Growth exceeding the industry average [6][7] Featured Stocks - **Arista Networks Inc. (ANET)**: Engaged in cloud networking solutions with a long-term earnings growth expectation of 18.7% and a trailing four-quarter earnings surprise of 12.8%, holding a Zacks Rank 1 [8][9] - **TE Connectivity plc (TEL)**: A global technology company with a long-term earnings growth expectation of 9.8% and a trailing four-quarter earnings surprise of 4.9%, holding a Zacks Rank 2 [10][11] - **Corning Incorporated (GLW)**: Focused on glass technologies with a long-term earnings growth expectation of 18.2% and a trailing four-quarter earnings surprise of 4.7%, also holding a Zacks Rank 2 [12] - **Banco Bilbao Vizcaya Argentaria, S.A. (BBVA)**: Provides banking services with a long-term earnings growth expectation of 10% and a trailing four-quarter earnings surprise of 7.4%, holding a Zacks Rank 2 [13] - **AppLovin Corporation (APP)**: Offers software solutions for advertisers with a long-term earnings growth expectation of 20% and a trailing four-quarter earnings surprise of 22.4%, holding a Zacks Rank 1 [14]

Core Insights - Fabrinet (FN) and TE Connectivity (TEL) are key players in the electronics and industrial markets, with FN specializing in high-precision optical components and TEL in connectivity and sensor solutions [1][2] - Both companies are positioned to benefit from growth drivers such as artificial intelligence infrastructure, electric vehicles, and industrial automation, making them direct competitors in high-growth connectivity markets [2] Fabrinet (FN) Overview - Fabrinet is recognized for its contract manufacturing of high-end optical communications equipment, serving major clients like NVIDIA and Cisco [3] - In Q4 fiscal 2025, Fabrinet reported revenues of $910 million, a 21% increase year over year, with optical communications contributing $689 million, reflecting a 15% rise [3][4] - The company’s optical packaging capabilities are crucial for AI infrastructure, with data center interconnect revenue growing 45% year over year to $107 million [4] - The Zacks Consensus Estimate for optical communications revenues in Q1 fiscal 2026 is $699.92 million, an 11.8% increase year over year, with earnings projected at $2.83 per share, up 2.2% [4] Risks for Fabrinet (FN) - Fabrinet faces near-term challenges, including component supply constraints and margin pressure from new product launches [5] - The company has a high concentration risk, with NVIDIA accounting for 28% of fiscal 2025 revenues and the top 10 customers making up 86% [5] TE Connectivity (TEL) Overview - TE Connectivity is a diversified technology leader providing connectivity and sensor solutions across various markets, including transportation and industrial sectors [6] - In Q3 fiscal 2025, TEL reported revenues of $4.53 billion, a 14% increase year over year, with margins near 20% in both Transportation and Industrial segments [6][7] - TEL anticipates over $800 million in AI-related revenue for fiscal 2025, more than double the previous year [8] Strengths of TE Connectivity (TEL) - TEL's localized manufacturing, with over 70% of production near customers, mitigates supply chain risks [9] - The company’s strong free cash flow supports shareholder returns and strategic acquisitions, enhancing its competitive position [9] Share Performance and Valuation - Year-to-date, Fabrinet shares have increased by 69.5%, while TE Connectivity shares have appreciated by 47.1% [10] - Fabrinet trades at a higher price-to-sales (P/S) ratio of 3.93 compared to TEL's 3.78, reflecting greater risks associated with customer concentration and cyclical demand [13] Conclusion - Both companies are integral to the electronics ecosystem, with Fabrinet focusing on high-speed optical communications and TEL offering diversified exposure across multiple markets [16] - TEL is recommended as a better investment option due to its diversified market presence and strong cash flow, compared to Fabrinet's concentrated customer base and cyclical risks [16]