Core Insights - Large-cap stocks have been the focus of market attention post-pandemic, with the S&P 500 experiencing gains of 25% or more in three of the last five years [1] Group 1: Market Performance - The S&P 500 has shown significant growth, indicating a strong performance in large-cap stocks [1] Group 2: Investment Philosophy - The belief in the efficiency of financial markets suggests that most stocks reflect their true current value, highlighting the importance of identifying less-followed stocks for potential profit opportunities [1]

Core Insights - Erik Smolinski, a full-time trader, has achieved significant stock market returns, with an average return of 24.6% from 2018 to 2022 and a record triple-digit return in 2023 [1][2] - His success is attributed to a structured approach, including detailed trading plans and regular after-action reviews (AARs) to assess performance and adjust strategies [2][6] Group 1: Trading Performance - Smolinski's strongest year was 2023, with triple-digit returns, and he reported a 79% return in 2025, indicating a potential third-strongest year [2] - He has only experienced two negative years since he began trading in 2007, showcasing a consistent performance [1] Group 2: Strategy and Methodology - The use of monthly AARs and an extensive annual review allows Smolinski to evaluate what strategies worked and what did not, facilitating necessary adjustments [3][4] - He emphasizes the importance of adapting strategies based on market shifts, particularly the dominance of tech stocks in recent years [4][5] Group 3: Advice for Investors - Smolinski encourages everyday investors to conduct regular reviews of their portfolios, suggesting at least quarterly or annual check-ins to compare returns against major market benchmarks [6][7]

Minneapolis, Minnesota-based Dayforce Inc. (DAY) operates as a human capital management software company, offering various cloud-based human resources solutions, including payroll and tax, workforce management, and more. With a market cap of $11.1 billion, Dayforce’s operations span the United States, Canada, and internationally. Companies worth $10 billion or more are generally described as "large-cap stocks." Dayforce fits right into that category, reflecting its significant presence and influence in t ...

Keysight Technologies, Inc. (KEYS) is a leading technology company that provides electronic design and test solutions used worldwide across communications, industrial, aerospace, defense, automotive, and semiconductor industries. The firm’s products include oscilloscopes, network analyzers, modular instruments, software for electronic design automation, and advanced test systems that support innovation from research to manufacturing. The company is headquartered in Santa Rosa, California, and has a market ...

Valued at a market cap of $41.1 billion, TKO Group Holdings, Inc. (TKO) is a sports and entertainment company based in New York. It owns and operates a few of the world’s most prominent live-event sports brands, generating revenue through media rights agreements, live events, sponsorships, merchandising, and licensing. Companies worth $10 billion or more are typically classified as “large-cap stocks,” and TKO fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, i ...

Core Viewpoint - As 2025 approaches, there is a growing debate regarding concentration and high valuations in large-cap stocks, alongside concerns about macroeconomic uncertainty and economic conditions, leading to a collective call for diversification, particularly highlighting opportunities in small-cap stocks [1] Group 1 - The discussion emphasizes the need for diversification in investment strategies [1] - There are concerns about the concentration of investments in large-cap stocks and their lofty valuations [1] - The macroeconomic environment and economic conditions are contributing to the call for diversification [1] Group 2 - Small-cap stocks are identified as a specific area of opportunity within the diversification strategy [1]

Company Overview - Texas Pacific Land Corporation (TPL) is headquartered in Dallas, Texas, and is valued at $19.3 billion by market cap, deriving income from land sales, oil and gas royalties, grazing leases, and interest [1] - TPL owns 873,000 surface acres and 199,000 net royalty acres in the Permian Basin, providing a competitive edge in the oil & gas exploration and production (E&P) industry [2] Stock Performance - TPL's stock has experienced a significant decline, slipping 43.9% from its 52-week high of $1,462.78 on March 3, and has declined 12.3% over the past three months, underperforming the Energy Select Sector SPDR Fund's (XLE) 2.4% losses [3][4] - Over a six-month period, TPL shares dipped 24.9% and fell 32.5% over the past 52 weeks, also underperforming XLE [4] Financial Results - On November 5, TPL reported Q3 results with revenue of $203.1 million, an 8.3% increase from the previous quarter, and EPS growth of 4.4% to $5.27 [5] Competitive Landscape - In the competitive oil & gas E&P sector, APA Corporation (APA) has outperformed TPL, showing a 16.9% increase over six months and 9.2% gains over the past year [5] Analyst Sentiment - Wall Street analysts have a consensus "Moderate Buy" rating for TPL, with a mean price target of $842.50, indicating a potential upside of 2.7% from current price levels [6]

Oklahoma City-based Expand Energy Corporation (EXE) operates as an independent natural gas production company in the United States. With a market cap of $26.3 billion, the company engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids. Companies worth $10 billion or more are generally described as "large-cap stocks." EXE fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influenc ...

Seattle-based F5, Inc. (FFIV) provides multi-cloud application security and delivery solutions. Its application, delivery, and networking products improve the performance, availability, and security of applications running on networks that use the Internet Protocol. With a market cap of $15.3 billion, F5’s operations span the United States, Indo-Pacific, Europe, the Middle East, and internationally. Companies worth $10 billion or more are generally described as "large-cap stocks." F5 fits right into that ...

Acton, Massachusetts-based Insulet Corporation (PODD) is a medical technology company that specializes in innovative insulin delivery solutions for people with diabetes. Valued at a market cap of $20.5 billion, the company is best known for its Omnipod® Insulin Management System, a tubeless, wearable insulin pump that delivers continuous insulin without the need for external tubing. Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and PODD fits the label perfectly, ...