Core Insights - Tsai Capital Corporation's Growth Equity Strategy achieved an 8.5% gain before fees and 7.6% after fees for the year ending December 31, 2025, underperforming the S&P 500 Index's 17.9% return [1] - Since its inception 26 years ago, the strategy has gained 970% cumulatively before fees and 658% after fees, compared to the S&P 500 Index's total return of 639% [1] - The strategy focuses on long-term investments in exceptional companies that effectively allocate capital towards promising ideas and talent, currently holding 17 high-quality growth companies [1] Company Highlights - QXO, Inc. (NYSE:QXO) is a roofing, waterproofing, and building products distributor, with a one-month return of 20.48% and a 52-week gain of 73.17% [2] - As of November 12, 2025, QXO, Inc. closed at $23.24 per share, with a market capitalization of $16.412 billion [2] - Tsai Capital initiated a position in QXO in 2024 at approximately $11 per share, under the leadership of Brad Jacobs, who aims to disrupt the $800 billion building products distribution industry [3] Investment Sentiment - QXO, Inc. is not among the 30 most popular stocks among hedge funds, with 65 hedge fund portfolios holding the stock at the end of the third quarter, unchanged from the previous quarter [4] - While QXO is recognized for its potential, the company believes certain AI stocks present greater upside potential and less downside risk [4]

Company Overview - Agnico Eagle Mines Limited (NYSE:AEM) is a gold mining company that explores for and produces precious metals, including gold, silver, zinc, and copper [2] Market Insights - There are significant shortages in precious metals, with gold, silver, and copper prices climbing. Silver has increased by 46% and gold by 15% since the beginning of the year, largely due to a weak dollar [1] - The world only replaces about 1% of its gold holdings annually, leading to a permanent shortage in gold, while silver does not face the same level of scarcity [1] Investment Perspective - Agnico Eagle is recommended as a strong investment opportunity in the precious metals sector, particularly for those looking to capitalize on the ongoing demand for gold [1]

Group 1 - Lockheed Martin Corporation (NYSE:LMT) is recognized as a strong long-term investment in the defense sector, offering reasonable dividends [1][2] - The company designs and maintains various military and government-related technologies, including aircraft, missile systems, and cybersecurity tools [2] - Since the comments made on the stock, Lockheed Martin's stock has increased by over 40% [3] Group 2 - Jim Cramer expressed confidence in Lockheed Martin's leadership under CEO Jim Taiclet, indicating a belief in the company's future performance [2] - Cramer also mentioned AeroVironment as a favorable investment, highlighting its significant stock price increase since being featured on his show [1][2]

The share price of North American Construction Group Ltd. (NYSE:NOA) fell by 2.95% between January 16 and January 23, 2026, putting it among the Energy Stocks that Lost the Most This Week. North American Construction Group (NOA) Announces Change in Leadership North American Construction Group Ltd. (NYSE:NOA) provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company offers mine ...

AllianceBernstein Holding L.P. (NYSE:AB) is included among the 13 Dividend Stocks with Over 8% Yield. Barclays Updates Models on AllianceBernstein (AB) as Fund Flows Remain Weak Photo by NeONBRAND on Unsplash On January 15, Barclays cut its price target on AllianceBernstein Holding L.P. (NYSE:AB) to $39 from $42. The firm maintained an Equal Weight rating on the stock. The change followed an update to the firm’s asset manager models, which now fully reflect quarterly fund flows and assets under manageme ...

Core Viewpoint - Mastercard Incorporated (NYSE:MA) has faced a decline in share price, with a 4% drop over the past year and a 6.8% decrease year-to-date, amidst discussions of potential regulatory changes affecting credit card interest rates [2][3]. Group 1: Share Price Movements and Analyst Ratings - Compass Point upgraded Mastercard's shares to Buy from Neutral, raising the price target to $735 from $620, indicating a belief that the sector is nearing a bottom after the fourth quarter earnings cycle [2]. - Truist reduced its price target for Mastercard to $609 from $630 while maintaining a Buy rating, reflecting a cautious outlook on the broader financial sector [2]. - TD Cowen increased its price target for Mastercard to $668 from $654, also keeping a Buy rating, suggesting a positive sentiment despite recent struggles [2]. Group 2: Regulatory Environment and Market Sentiment - The company's shares have been impacted by President Trump's suggestion of a 10% cap on credit card interest rates, which has raised concerns about profitability in the credit card sector [2][3]. - Jim Cramer emphasized the need for Mastercard and similar companies to respond quickly to regulatory discussions, highlighting the ongoing relationship between credit card companies and Congress [3].

Core Viewpoint - Exxon Mobil Corporation is advancing its deepwater exploration plans in Trinidad and Tobago, aiming to replicate its success in Guyana's oil-rich Stabroek area through a major 3D seismic survey [1][2][3]. Group 1: Exploration Plans - Exxon has contracted Shearwater Geoservices to conduct a 3D seismic survey covering approximately 6,000 square kilometers of seabed offshore Trinidad, expected to commence in early 2026 and last for about five months [1][2]. - The survey will take place in waters with depths ranging from 2,000 to 3,000 meters, indicating a significant investment in deepwater exploration [2]. Group 2: Strategic Context - The deepwater block was acquired following a production-sharing agreement with the Trinidad government in August of the previous year, consolidating seven separate offshore blocks into a larger area [3]. - Exxon aims to leverage its knowledge of Caribbean geology to expedite exploration and production in Trinidad, utilizing existing equipment and infrastructure from its operations in Guyana [4]. Group 3: Company Overview - Exxon Mobil Corporation is a major player in the global energy sector, involved in the entire oil and gas value chain, including exploration, production, refining, and the sale of fuels, as well as the production of petrochemicals and advanced materials [4].

Company Overview - Atmos Energy Corporation (NYSE:ATO) operates as a regulated natural gas utility, serving approximately three million customers across eight states, providing essential services that are government-approved for steady returns [3][5] - The company controls about seventy thousand miles of transmission and distribution lines, creating a significant infrastructure network that is costly and challenging to replicate, which serves as a barrier to entry in its service territories [5] Investment Insights - Morgan Stanley raised its price target on Atmos Energy to $180 from $172, maintaining an Equal Weight rating, reflecting a positive outlook amid a utility sector repricing [2] - The utility sector has lagged behind the S&P 500 in December, influencing recent expectations for the group, which may present investment opportunities [2] Operational Strengths - Atmos Energy's scale provides leverage in regulatory discussions and supports ongoing investments in safety and system capacity, which are essential for maintaining a reliable network [4] - The predictability of returns tied to essential services is a key appeal for investors, highlighting the stability of the company's business model [3]

Core Viewpoint - Almonty Industries Inc. has shown significant growth in its share prices, driven by a positive outlook for its tungsten business amid limited global supply [1] Company Developments - Almonty Industries plans to advance the Sangdong tungsten mine in South Korea towards full-scale phase 1 commercial operations, with a phase 2 expansion expected in 2027 [2] - Upon completion, the Sangdong mine is projected to produce 460,000 MTU annually, positioning it as one of the largest tungsten mines outside of China [3] Strategic Agreements - The company has secured binding hard floor offtake agreements, including long-term commitments to supply tungsten oxide for US defense applications, which enhances future revenue visibility and underscores the strategic value of its production [4]

Core Viewpoint - IAMGOLD Corp. has experienced significant growth in share prices, driven by rising gold and silver prices and strong preliminary production results for 2025 [1][2]. Group 1: Stock Performance - IAMGOLD's share prices increased by 22.01% week-on-week, reaching a 14-year high [1][2]. - The prices of silver and gold rose by 14.5% and 8.4% week-on-week, respectively, reaching $102.9 and $4,982.91 [2]. Group 2: Production Targets - IAMGOLD announced it achieved its gold production target for 2025, producing 765,900 ounces, supported by strong output from its Essakane, Cote, and Westwood sites [3]. - For the current year, IAMGOLD aims to produce between 720,000 and 820,000 ounces of gold, focusing on sustainable operations ahead of an expansion plan to be announced in Q4 [4]. Group 3: Analyst Recommendations - Several analysts have issued "buy" recommendations for IAMGOLD shares, with TD Securities setting the highest price target at $24 [4][5]. - Canaccord raised its price target to $23.32 from $11.05, while Bank of America issued a fair value assessment of $20.50 [5].