After decades of loyal customers, I think it is fair to ask if Walmart Inc. ( WMT ) has reached its peak. CEO Doug McMillon ends his reign and will be replaced by JohnI started trading when I were 14 years old and has since always enjoyed investing in the stock market.Today,I am an investment analyst at a small investment firm in the Nordics. In my day-to-day work, I help the CEO with different tasks related to the investment profession. I conduct research on small-cap companies, including valuation analysi ...

Core Viewpoint - Qfin Holdings (QFIN) is upgraded from Hold to Buy, with an expected upside of 61% over the next 12 months despite no growth in revenues or earnings [1] Summary by Category Company Performance - The company is currently not showing growth in revenues or earnings [1] Valuation - The current valuation of Qfin Holdings has dipped, prompting the upgrade recommendation [1]

Core Insights - The individual has extensive experience in the investment banking sector, particularly as a short-side trader and analyst, which has shaped their understanding of market dynamics and macroeconomic trends [1] Group 1: Professional Background - The individual began their career in late 1989 as a trader for a short-biased hedge fund, gaining valuable experience during a significant bull market [1] - They have worked with notable firms such as Fleckenstein Capital and East Shore Partners, and spent 16 years with PrudentBear, focusing on strategy and portfolio management [1] - Their early career included a role as a treasury analyst at Toyota during critical economic periods, which sparked an interest in macro analysis [1] Group 2: Economic Insights - The individual emphasizes the importance of understanding macroeconomic forces, drawing inspiration from historical economic analyses, particularly during the Great Depression [1] - They believe that significant developments in finance and policymaking are often overlooked by conventional analysis and media, highlighting the need for contemporary analysis [1] - The individual aims to provide insights into the current global economic bubble, suggesting that understanding this period is crucial for future economic analysis [1]

Core Viewpoint - The article discusses the investment positions held by analysts in various companies, indicating a bullish sentiment towards the stocks mentioned, particularly NBIS, CRWV, NVDA, and IREN [1]. Group 1 - Analysts have disclosed beneficial long positions in shares of NBIS, CRWV, NVDA, and IREN, either through stock ownership, options, or other derivatives [1]. - The article emphasizes that the opinions expressed are personal and not influenced by compensation from any company mentioned [1]. - There is no business relationship between the author and the companies whose stocks are discussed, reinforcing the independence of the analysis [1].

Core Insights - NVIDIA has seen significant changes in institutional ownership, with several large investors increasing their stakes in the company during the fourth quarter [1][6] - The company's stock performance shows a market capitalization of $4.44 trillion and a price-to-earnings ratio of 45.37, indicating strong market confidence [2] - NVIDIA reported quarterly earnings of $1.30 per share, exceeding analysts' expectations, with a year-over-year revenue increase of 62.5% [3] Institutional Ownership - Brighton Jones LLC increased its stake by 12.4%, owning 324,901 shares valued at $43.63 million after acquiring 35,815 shares [1] - Bank Pictet & Cie Europe AG raised its holdings by 1.0%, now owning 2,346,417 shares worth $315.1 million after buying 22,929 shares [1] - Hudson Value Partners LLC grew its stake by 30.7%, owning 50,658 shares valued at $6.81 million after acquiring 11,900 shares [1] Stock Performance - NVIDIA's stock opened at $182.85, with a 50-day moving average of $184.72 and a 200-day moving average of $183.26 [2] - The company has a debt-to-equity ratio of 0.06, a current ratio of 4.47, and a quick ratio of 3.71, indicating strong liquidity [2] - The stock has a one-year low of $86.62 and a high of $212.19, reflecting significant volatility [2] Earnings Report - NVIDIA's revenue for the quarter was $57.01 billion, surpassing the consensus estimate of $54.66 billion [3] - The company achieved a return on equity of 99.24% and a net margin of 53.01% [3] - Analysts expect NVIDIA to post an EPS of 2.77 for the current fiscal year [3] Dividend Information - NVIDIA announced a quarterly dividend of $0.01, with a payout ratio of 0.99% [4] - The annualized dividend yield is 0.0%, indicating a minimal return from dividends [4] Analyst Ratings - Wolfe Research raised its price target for NVIDIA from $250.00 to $275.00, maintaining an "outperform" rating [5] - Bank of America reiterated a "buy" rating with a price target of $275.00 [5] - The average price target among analysts is $264.20, with a majority rating the stock as "Buy" [7] Insider Transactions - EVP Ajay K. Puri sold 200,000 shares at an average price of $180.04, totaling $36.01 million, reducing his position by 5.24% [8] - Director Mark A. Stevens sold 222,500 shares at an average price of $180.17, totaling $40.09 million, representing a 2.84% decrease in his holdings [8] - In the last three months, insiders sold 1,611,474 shares worth $291.73 million [8] Company Overview - NVIDIA Corporation, founded in 1993, specializes in designing and developing GPUs and SoC technologies [9] - The company has expanded from a graphics-focused chipmaker to a provider of accelerated computing hardware and software across various industries [9][10]

Core Insights - Forvis Mazars Wealth Advisors LLC increased its holdings in Microsoft by 2.9% in Q3, owning 68,760 shares valued at $35.61 million, making it the 23rd largest holding in their portfolio [2] - Institutional investors own 71.13% of Microsoft's stock, indicating strong institutional interest [3] Institutional Activity - Longfellow Investment Management Co. LLC raised its position in Microsoft by 51.3% in Q2, now holding 59 shares worth $29,000 after acquiring 20 additional shares [3] - ROSS JOHNSON & Associates LLC increased its stake by 155.7% in Q1, owning 156 shares valued at $59,000 after purchasing 95 shares [3] Analyst Ratings - HSBC lowered its target price for Microsoft from $667 to $588 while maintaining a "buy" rating [4][5] - Royal Bank Of Canada reiterated an "outperform" rating with a price objective of $640 [4][5] - The consensus rating for Microsoft is "Moderate Buy" with a price target of $591.95 [4][5] Stock Performance - Microsoft stock opened at $401.32, with a market capitalization of $2.98 trillion and a P/E ratio of 25.10 [7] - The stock has a 52-week low of $344.79 and a high of $555.45, with a current ratio of 1.39 and a debt-to-equity ratio of 0.09 [7] Earnings Report - Microsoft reported $4.14 EPS for the last quarter, exceeding estimates by $0.28, with revenue of $81.27 billion, up 16.7% year-over-year [8] - The net margin was 39.04% and return on equity was 32.34% [8] Dividend Announcement - Microsoft announced a quarterly dividend of $0.91, with an annualized dividend of $3.64 and a yield of 0.9% [9]

Core Insights - Roku has seen significant activity from institutional investors, with GAMMA Investing LLC increasing its holdings by 9.5% in Q3, now owning 1,114 shares valued at $112,000 after acquiring 97 additional shares [1] - The company's stock performance shows a market capitalization of $13.31 billion, with a price-to-earnings ratio of 158.00 and a beta of 1.99, indicating high volatility [2] - Roku reported earnings of $0.53 per share for the last quarter, surpassing analysts' expectations of $0.28, with a revenue of $1.39 billion, reflecting a 16.1% year-over-year increase [2] Institutional Holdings - Institutional investors collectively own 86.30% of Roku's stock, indicating strong institutional interest [1] - Envestnet Asset Management Inc. increased its stake by 29.8% in Q3, owning 226,867 shares valued at approximately $22.72 million [5] Insider Trading - Insider Gilbert Fuchsberg sold 3,250 shares at an average price of $108.78, resulting in a 5.21% decrease in his position [3] - In the last ninety days, insiders have sold a total of 234,790 shares valued at $24.22 million, with corporate insiders owning 13.98% of the stock [3] Analyst Ratings - Recent analyst reports show a consensus rating of "Moderate Buy" for Roku, with an average price target of $123.85 [6] - Analysts have issued various ratings, including a "market outperform" rating with a target price of $145.00 and an "outperform" rating with a target of $150.00 [4][6] Company Overview - Roku, Inc. is a technology company that operates a proprietary streaming platform, providing access to a wide array of entertainment content through internet-connected devices and smart TVs [7] - The company's product lineup includes streaming players and sticks that connect to televisions via HDMI, delivering the Roku OS experience [8]

Core Insights - Envestnet Asset Management Inc. increased its stake in APi Group Corporation by 48.6% in Q3, owning 674,203 shares valued at $23.17 million [1] - Institutional investors and hedge funds collectively own 86.62% of APi Group's stock, indicating strong institutional interest [2] Institutional Holdings - Vanguard Group Inc. raised its stake by 2.0% in Q2, now holding 23,493,777 shares valued at $1.20 billion after acquiring 453,543 shares [2] - Durable Capital Partners LP increased its holdings by 19.2% in Q2, owning 10,623,568 shares worth $542.33 million after acquiring 1,712,397 shares [2] - State Street Corp. grew its position by 83.2% in Q2, now owning 7,150,845 shares valued at $365.05 million after purchasing 3,247,126 shares [2] - Findlay Park Partners LLP increased its stake by 3.4% in Q2, owning 6,666,648 shares worth $340.33 million after acquiring 220,700 shares [2] - Artisan Partners Limited Partnership raised its stake by 11.3% in Q2, now holding 4,878,145 shares valued at $249.03 million after purchasing 497,003 shares [2] Insider Activity - Director Anthony E. Malkin acquired 3,000 shares at an average cost of $39.58 per share, totaling $118,740, increasing his ownership by 75% [3] - Insiders have acquired 7,000 shares worth $275,720 over the last ninety days, with insiders owning 17% of the stock [3] Stock Performance - APi Group's shares opened at $44.37, with a market capitalization of $18.45 billion and a price-to-earnings ratio of 121.00 [4] - The company's 50-day simple moving average is $41.15, and the 200-day simple moving average is $37.60 [4] - APi Group has a debt-to-equity ratio of 0.84, a current ratio of 1.48, and a quick ratio of 1.41 [4] - The stock has a 1-year low of $20.50 and a 1-year high of $46.11 [4] Analyst Ratings - Barclays raised its price target on APi Group from $42.00 to $44.00, maintaining an "overweight" rating [5] - Truist Financial increased its target price from $41.00 to $50.00, giving a "buy" rating [5] - Citigroup reissued a "buy" rating with a price objective of $49.00, up from $45.00 [5] - The consensus rating for APi Group is "Moderate Buy" with a target price of $43.24 [5] Company Overview - APi Group Corp. is a global specialty contractor providing fire protection, security, mechanical insulation, and energy services [7] - The company operates in various sectors, delivering solutions for new construction, facility renovations, and ongoing maintenance [7][8]

Institutional Holdings - State Street Corp increased its holdings in NVIDIA by 1.0%, owning 978,208,862 shares valued at $154.56 billion after acquiring an additional 9,554,857 shares [1] - Geode Capital Management LLC raised its stake by 1.5%, now holding 579,213,497 shares worth $91.15 billion after buying 8,521,936 shares [1] - Norges Bank purchased a new stake valued at approximately $51.39 billion [1] - Legal & General Group Plc boosted its stake by 1.5%, owning 178,593,475 shares worth $28.22 billion after acquiring 2,623,678 shares [1] - Charles Schwab Investment Management Inc. increased its stake by 2.8%, now holding 155,668,775 shares valued at $24.59 billion after buying 4,209,423 shares [1] - Institutional investors and hedge funds own 65.27% of NVIDIA's stock [1] Insider Activity - Director Harvey C. Jones sold 250,000 shares at an average price of $177.33, totaling $44.33 million, resulting in a 3.48% decrease in his position [2] - CFO Colette Kress sold 30,500 shares at an average price of $178.11, totaling $5.43 million, leading to a 2.32% decrease in her position [2] - Over the last 90 days, insiders sold 1,611,474 shares worth $291.73 million, with insiders owning 4.17% of the company's stock [2] Stock Performance - NVIDIA shares opened at $182.85, with a 50-day simple moving average of $184.72 and a 200-day simple moving average of $183.26 [3] - The stock has a twelve-month low of $86.62 and a high of $212.19 [3] - The company has a market capitalization of $4.44 trillion, a price-to-earnings ratio of 45.37, and a PEG ratio of 0.57 [3] Quarterly Earnings - NVIDIA reported $1.30 EPS for the quarter, beating the consensus estimate of $1.23 by $0.07 [4] - The company had revenue of $57.01 billion, exceeding the consensus estimate of $54.66 billion, and up 62.5% compared to the same quarter last year [4] - The return on equity was 99.24% and the net margin was 53.01% [4] Dividend Announcement - NVIDIA announced a quarterly dividend of $0.01, representing an annualized dividend of $0.04 and a yield of 0.0% [5] - The dividend payout ratio is 0.99% [5] Analyst Ratings - Macquarie Infrastructure upgraded NVIDIA to an "outperform" rating [8] - Rothschild & Co Redburn raised the price target from $245.00 to $268.00 with a "buy" rating [8] - Susquehanna increased their price objective from $230.00 to $250.00 with a "positive" rating [8] - Citigroup reaffirmed a "buy" rating, and Goldman Sachs reissued a "buy" rating with a price target increase from $210.00 to $240.00 [8] - The average target price for NVIDIA is $264.20, with an average rating of "Buy" [8]

Core Insights - Envestnet Asset Management Inc. reduced its stake in DTE Energy by 3.3%, owning 168,055 shares worth approximately $23.77 million after selling 5,812 shares in Q3 [2] - Other institutional investors have increased their holdings in DTE Energy, with Empowered Funds LLC growing its stake by 200.7% in Q1, now owning 9,909 shares valued at $1.37 million [3] - DTE Energy has received various analyst ratings, with Barclays lowering its target price from $148.00 to $141.00, while ten analysts rated the stock as a Buy and four as Hold, resulting in an average price target of $147.69 [4] Institutional Holdings - 76.06% of DTE Energy's stock is owned by hedge funds and institutional investors [3] - Woodline Partners LP increased its position by 40.8% in Q1, now holding 17,509 shares valued at $2.42 million [3] - Intech Investment Management LLC raised its stake by 6.5%, owning 12,687 shares worth $1.75 million [3] Stock Performance - DTE Energy shares opened at $144.87, with a 1-year low of $123.69 and a high of $145.41 [5] - The company has a market capitalization of $30.09 billion, a P/E ratio of 21.75, and a beta of 0.49 [5] Dividend Information - DTE Energy announced a quarterly dividend of $1.165 per share, with an annualized yield of 3.2% and a payout ratio of 69.97% [6] Company Overview - DTE Energy is an integrated energy company based in Detroit, Michigan, focusing on regulated utility operations and non-utility energy businesses [7] - The utility segment emphasizes maintaining and upgrading energy delivery infrastructure to ensure reliable service [7] - Beyond regulated utilities, DTE Energy also operates non-utility businesses that develop and manage power generation projects [8]