Market Trends & Investment Strategies - Thanksgiving week market rallies are no longer guaranteed due to the rise of algorithmic trading [2][3][4] - The market is closely scrutinizing data points, research, and earnings, even during holiday weeks [4] - High-quality dividend stocks offer relative safety during volatile periods, with Enbridge, Pfizer, and Realty Income highlighted as examples yielding over 5% [26][28][30] - The speaker advocates for buying into weakness, citing Oddity Tech as a compelling value after a pullback [67] - Monitoring specific "tells" like Micron, SanDisk, and Bitcoin's overnight trading can help spot market bottoms [109][111][112] Company Performance & Outlook - Zoom is facing challenges from competitors like Microsoft Teams [5] - Retail sales are expected to be weak, potentially leading to Federal Reserve rate cuts [8][9] - Dell Technologies is expected to perform well due to its data center and enterprise business [14] - HP is considered vulnerable to commodity price fluctuations [15] - Oddity Tech's new skincare brand, Methodic, aims to address unmet needs in dermatology using AI and telehealth [60][61][62][63] Healthcare Industry Dynamics - AstraZeneca is investing $2 billion to expand its manufacturing footprint in Maryland, creating approximately 2600 jobs [27][76][78] - AstraZeneca's share price has increased by 15% over the past year, driven by strong oncology results [80] - AstraZeneca is focusing on developing treatments for difficult cancers, including triple-negative breast cancer [83][84] - AstraZeneca aims to reach $80 billion in revenue by 2030, with half coming from the United States [94]

Core Insights - Polen Capital's "Polen U.S. Small Cap Growth Strategy" achieved a return of 21.4% gross and 21.1% net of fees in Q3 2025, outperforming the Russell 2000 Growth Index which returned 12.2% [1] - Carpenter Technology Corporation (NYSE:CRS) was highlighted as a significant stock in the portfolio, with a one-month return of 10.29% and a 52-week gain of 83.26% [2] - Despite its strong annual performance, Carpenter Technology was noted as a detractor in the portfolio due to revenue growth falling slightly below expectations [3] Company Performance - Carpenter Technology Corporation specializes in manufacturing, fabricating, and distributing specialty metals, particularly for aerospace, medical, and energy applications [3] - The company's stock closed at $324.15 on November 19, 2025, with a market capitalization of $16.159 billion [2] - The company is undergoing a transformation to focus on value-added parts for aerospace, which has led to rising profit margins [3] Hedge Fund Interest - As of the end of Q2 2025, 78 hedge fund portfolios held Carpenter Technology Corporation, an increase from 55 in the previous quarter [4] - While there is recognition of Carpenter Technology's potential, some analysts suggest that certain AI stocks may offer better upside potential with less risk [4]

Investment Approach - The company emphasizes a diversified investment strategy that incorporates fundamental, technical, and momentum investing methods to enhance the investment process [1]. Purpose of Writing - The article serves as a platform for tracking investment ideas and connecting with like-minded investors who share similar interests [1].

Core Viewpoint - Oddity Tech is raising its earnings and profit guidance for fiscal 2025 despite anticipated tariff impacts, indicating strong growth and resilience in the retail sector [1][2]. Financial Performance - The company reported a net income of $37.8 million, or 63 cents per share, for the fiscal first quarter, an increase from $33 million, or 53 cents per share, a year earlier [3]. - Sales rose to $268 million, reflecting a 27% increase from $212 million a year prior [4]. - Oddity expects revenue for the current fiscal year to be between $790 million and $798 million, up from a previous range of $776 million to $785 million, exceeding analyst expectations of $784 million [4]. - Adjusted earnings per share are projected to be between $1.99 and $2.04, compared to the prior range of $1.94 to $1.98, also ahead of the $1.93 expected by analysts [5]. Margin and EBITDA Outlook - The company anticipates a gross margin of 71% for fiscal 2025, an increase from the previous forecast of 70% [6]. - Adjusted EBITDA is expected to be between $157 million and $161 million, up from the prior outlook of $155 million to $158 million [6]. Future Projections - For the current quarter, Oddity expects revenue between $235 million and $239 million, surpassing estimates of $232 million [7]. - Adjusted earnings are projected to be between 85 cents and 89 cents per share, ahead of the 84 cents estimate [7]. Industry Context - Oddity Tech stands out in the retail industry, which is facing challenges due to tariffs, as it maintains a focus on growth rather than cost-cutting [9]. - The beauty industry is perceived as resilient during economic downturns, as consumers may opt for beauty products over higher-ticket items [9]. - Oddity's stock has increased by 11% this year, outperforming the S&P 500's 5.4% loss [9].