Group 1 - Intuit is a global financial technology platform that simplifies financial management for individuals and small/medium businesses (SMBs) [1] - The company's QuickBooks software serves as a financial core for many users, indicating a strong competitive advantage [1] Group 2 - The article highlights the author's focus on growth stocks, particularly those integrating AI and possessing a competitive moat [1] - The investment strategy emphasizes identifying undervalued stocks with high growth potential rather than following market trends [1]

Market Overview - The current market is experiencing record highs with the S&P and NASDAQ reaching new peaks, alongside gold prices also hitting record levels [1] - The economic backdrop remains strong with ongoing growth in GDP and other areas, while inflation has decreased to 2.9% from higher levels [3][4] - Liquidity in the market is robust, supported by significant deficit spending and a large M2 money supply [4][5] Investment Strategy - The investment approach focuses on three main factors: liquidity, inflation, and growth, which guide portfolio decisions [3] - There is a shift towards incorporating both growth and value stocks in the portfolio, with a particular emphasis on recovery value stocks [7][8] Stock Picks - **Dow Chemical**: Selected for its significant price drop (from around $60 to $24), strong balance sheet, and high dividend yield of 5%, making it a recovery value stock [7][8] - **Circle**: Important in the crypto and stablecoin space, with potential for growth as government support increases. The stock has dropped from $250 to $120, presenting a buying opportunity [10][12] - **Bullish**: Recently listed and currently trading lower, it has potential due to its association with notable figures in the industry and its role in crypto trading [15][17] - **Space Mobile**: Competing with Starlink, it has secured contracts and FCC approvals, showing growth potential despite being capital intensive [22][24] - **GitLab**: Positioned as a cost-efficient platform for enterprises, it is expected to benefit from the rising demand for AI software development, despite competition from GitHub [26][29]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging [1] Group 1: Company Overview - Marubeni Corp. is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects beyond traditional metrics [2] - The company holds a favorable Growth Score and a top Zacks Rank, indicating strong investment potential [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth being highly desirable [4] - Marubeni's projected EPS growth for this year is 14.8%, significantly surpassing the industry average of 9.5% [5] Group 3: Cash Flow Growth - High cash flow growth is essential for growth-oriented companies, allowing them to fund new projects without external financing [6] - Marubeni's year-over-year cash flow growth is 4%, outperforming the industry average of -9.5% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 79.1%, compared to the industry average of 4.6% [7] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [8] - Marubeni has experienced upward revisions in current-year earnings estimates, with a 3.4% increase in the Zacks Consensus Estimate over the past month [9] Group 5: Investment Positioning - Marubeni's combination of a Zacks Rank of 2 and a Growth Score of B positions it well for potential outperformance, making it an attractive option for growth investors [11]

Group 1: Montrose Environmental Group (MEG) - Montrose Environmental Group provides environmental services primarily in the United States and has a Zacks Rank of 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 103.03% over the last 60 days [1] - The company has a PEG ratio of 1.22, significantly lower than the industry average of 5.09, and possesses a Growth Score of A [2] Group 2: Great Lakes Dredge & Dock (GLDD) - Great Lakes Dredge & Dock is the largest provider of dredging services in the US, focusing on maintaining and deepening shipping channels, land reclamation, and storm damage restoration [2] - The company also carries a Zacks Rank of 1 and has seen a 6.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Great Lakes Dredge & Dock has a PEG ratio of 0.99 compared to the industry average of 5.07, and it has a Growth Score of B [3] Group 3: KT (KT) - KT provides a range of telecommunication services, including mobile telecommunications, telephone services, fixed-line, and VoIP [3] - The company holds a Zacks Rank of 1 and has experienced a 5.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - KT has a PEG ratio of 0.14, which is lower than the industry average of 0.20, and it has a Growth Score of B [4]

Core Insights - The article discusses the performance of active U.S. small-cap managers, highlighting their strong long-term performance relative to the Russell 2000 index, particularly during value stock-led periods [2][3][4] Small-Cap Management Performance - Active small-cap managers outperformed the Russell 2000 index 58% of the time over rolling 5-year periods, with an 82% success rate during value-led periods and only 15% during growth-led periods [3] - 65% of the analyzed periods were value-led, indicating a favorable environment for active management [3] - When the Russell 2000's annualized 5-year return was 5% or lower, value stocks outperformed growth stocks only 48% of the time, but they averaged higher returns [4] - In periods with annualized 5-year returns between 5-10%, value stocks exceeded growth stocks 70% of the time, relevant as small-cap returns are expected to be in this range over the next five years [4] Hedge Fund Interest in Penny Stocks - The article lists the 12 best NASDAQ penny stocks to buy according to hedge funds, emphasizing the strategy of imitating top hedge fund picks to outperform the market [5][9] - The methodology involved shortlisting the largest companies trading under $5 on the NASDAQ and ranking them by the number of hedge fund holders [7][8] Company Highlights - **Prospect Capital Corporation (NASDAQ:PSEC)**: - Price as of September 12: $2.79, with 11 hedge fund holders [10] - Recently completed an $18 million investment in The Ridge, a physician-led addiction treatment facility [10][11] - The company has a net debt to total assets ratio of 30.4%, indicating high leverage, and is strategically exiting a real estate investment yielding 4.5% [13][14] - **Tilray Brands, Inc. (NASDAQ:TLRY)**: - Price as of September 12: $1.12, with 12 hedge fund holders [15] - Recently partnered with the Denver Broncos to launch a new lineup of spirits, celebrating their ongoing collaboration [15][16] - Analyst Kaumil Gajrawala raised the price target from $1.50 to $2, maintaining a Buy rating, influenced by the rescheduling of cannabis regulations in the U.S. [19][20]

Company Overview - Nu Holdings operates Nubank, a rapidly growing digital bank in Brazil, serving 107 million customers, which is about 60% of Brazil's adult population [5] - The company is expanding into Mexico and Colombia, where it has 12 million and 3.4 million customers, respectively, targeting unbanked or underbanked populations [6] Regulatory Developments - In April, Nu Mexico Financiera received regulatory approval to convert into a bank, allowing it to expand its financial services portfolio in Mexico [7] Product Expansion - Nu Holdings is diversifying its offerings beyond traditional banking, including marketplace services (Nu Marketplace), travel solutions (Nu Travel), and telecommunications (NuCel), aiming to create a broader ecosystem for cross-selling [8] Market Potential - The fintech sector presents significant opportunities for growth, particularly for companies like Nu Holdings that operate in underserved markets and leverage technology to provide superior solutions compared to traditional competitors [9]

This is a good time to step back and gain some perspective on the key ETFs I follow as the market anticipates several economic happenings, such as:Lower interest ratesLower inflationWeaker dollarWeaker labor market Growth leadingI start with the Transportation Sector ETF (NYSEARCA: IYT) looking at the weekly chart. When I step it back, it looks weaker than the growth stocks, however, the chart suggests nothing more than noise right now.The Transportation Sector ETF (IYT) is in a weekly bullish phase, un ...

Core Viewpoint - The Invesco Large Cap Value ETF (PWV) is a passively managed fund aimed at providing broad exposure to the Large Cap Value segment of the US equity market, with assets exceeding $1.20 billion, positioning it as an average-sized ETF in this category [1]. Group 1: Fund Overview - Launched on March 3, 2005, PWV is designed to track the performance of the Large Cap Value segment [1]. - The fund is sponsored by Invesco and has accumulated over $1.20 billion in assets [1]. Group 2: Investment Characteristics - Large cap companies, defined as those with market capitalizations above $10 billion, are generally more stable and exhibit predictable cash flows, making them less volatile compared to mid and small cap companies [2]. - Value stocks, characterized by lower price-to-earnings and price-to-book ratios, have historically outperformed growth stocks in most markets, although growth stocks tend to excel in strong bull markets [3]. Group 3: Costs and Performance - The annual operating expense ratio for PWV is 0.53%, which is relatively high compared to other ETFs, and it has a 12-month trailing dividend yield of 2.22% [4]. - As of September 12, 2025, PWV has gained approximately 15.75% year-to-date and 17.11% over the past year, with a trading range between $52.26 and $64.99 in the last 52 weeks [7]. Group 4: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 31.5% of the portfolio, followed by Energy and Healthcare [5]. - Goldman Sachs Group Inc. is the largest holding at approximately 3.76% of total assets, with the top 10 holdings accounting for about 35.09% of total assets under management [6]. Group 5: Risk Profile - PWV has a beta of 0.82 and a standard deviation of 14.35% over the trailing three-year period, indicating a medium risk profile [8]. - The ETF consists of about 52 holdings, which helps to diversify company-specific risk [8]. Group 6: Alternatives - PWV carries a Zacks ETF Rank of 3 (Hold), suggesting it is a viable option for investors seeking exposure to the Large Cap Value segment [9]. - Alternative ETFs in this space include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV), which have significantly larger asset bases and lower expense ratios of 0.06% and 0.04%, respectively [10]. Group 7: Conclusion - Passively managed ETFs like PWV are increasingly popular among retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11].

Core Insights - The Vanguard S&P 500 Growth ETF (VOOG) is a passively managed ETF launched on September 9, 2010, with over $20.05 billion in assets, making it one of the largest ETFs in the Large Cap Growth segment of the US equity market [1] Group 1: Large Cap Growth Overview - Large cap companies typically have a market capitalization above $10 billion, offering a stable investment option with less risk and more reliable cash flows compared to mid and small cap companies [2] - Growth stocks are characterized by higher than average sales and earnings growth rates, but they also come with higher valuations and associated risks [3] Group 2: Costs and Performance - The ETF has an annual operating expense ratio of 0.07%, making it one of the least expensive options in its category, with a 12-month trailing dividend yield of 0.49% [4] - VOOG aims to match the performance of the S&P 500 Growth Index and has gained approximately 17.4% year-to-date and about 30.01% over the past year, with a trading range between $299.15 and $428.71 in the last 52 weeks [7] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Information Technology sector, comprising about 42.1% of the portfolio, followed by Telecom and Consumer Discretionary [5] - Nvidia Corp (NVDA) represents approximately 14.89% of total assets, with Microsoft Corp (MSFT) and Meta Platforms Inc (META) also among the top holdings; the top 10 holdings account for about 41.77% of total assets [6] Group 4: Risk and Alternatives - VOOG has a beta of 1.11 and a standard deviation of 20.13% over the trailing three-year period, categorizing it as a medium risk investment with 217 holdings to diversify company-specific risk [8] - The ETF holds a Zacks ETF Rank of 1 (Strong Buy), indicating strong potential based on expected returns, expense ratio, and momentum; alternatives include Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ) [9][10] Group 5: Market Trends - Passively managed ETFs are gaining popularity among both institutional and retail investors due to their low cost, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11]

Core Viewpoint - The Pacer US Cash Cows 100 ETF (COWZ) is a large-cap value ETF that has gained significant assets and aims to provide broad exposure to the large-cap value segment of the US equity market [1] Group 1: ETF Overview - Launched on December 16, 2016, COWZ has amassed over $19.57 billion in assets, making it one of the largest ETFs in its category [1] - The ETF is passively managed and designed to match the performance of the Pacer US Cash Cows 100 Index, which targets large and mid-cap U.S. companies with high free cash flow yields [7] Group 2: Investment Characteristics - Large-cap companies typically have market capitalizations above $10 billion and are known for their stability and predictable cash flows [2] - Value stocks, which COWZ focuses on, generally have lower price-to-earnings and price-to-book ratios, but they have historically outperformed growth stocks in the long term [3] Group 3: Costs and Performance - The ETF has an annual operating expense ratio of 0.49% and a 12-month trailing dividend yield of 2.07% [4] - COWZ has gained approximately 2.8% year-to-date and 6.16% over the past year, with a trading range between $47.46 and $61.35 in the last 52 weeks [7] Group 4: Sector Exposure and Holdings - The ETF has a significant allocation to the Healthcare sector, comprising about 20.1% of the portfolio, followed by Energy and Information Technology [5] - Nike Inc (NKE) is the largest individual holding at approximately 2.17% of total assets, with the top 10 holdings accounting for about 20.95% of total assets under management [6] Group 5: Alternatives and Market Position - COWZ carries a Zacks ETF Rank of 3 (Hold), indicating it is a viable option for investors seeking exposure to the large-cap value segment [9] - Other comparable ETFs include Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV), which have larger asset bases and lower expense ratios [10] Group 6: Investor Appeal - Passively managed ETFs like COWZ are increasingly favored by retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11]