Core Viewpoint - The Trade Desk (TTD) is currently trading at one of its lowest valuations since its IPO a decade ago, indicating a shift from being a growth darling to a more cautious investment outlook [1]. Group 1: Company Overview - The Trade Desk was once considered a high-growth company but is now facing valuation challenges [1]. - The company has experienced a significant decline in investor sentiment, leading to its current low trading valuation [1]. Group 2: Investment Strategy - The investment approach focuses on identifying undervalued companies with long-term growth potential, emphasizing strong balance sheets and management teams [1]. - The strategy combines growth-oriented principles with strict valuation criteria to enhance the margin of safety for investors [1].

Green Thumb Industries ( GTBIF ) has surged as of late due to speculation that President Trump may reschedule cannabis via executive order. The sector had previously been beaten to a pulp due to stubborn price compression headwinds. Investors looking for a wayJulian Lin is a financial analyst. He finds undervalued companies with secular growth that appreciate over time. His approach is to look for companies with strong balance sheets and management teams in sectors with long growth runways. Julian is the le ...

The pendulum often swings too far, and in both directions. That appears to be happening with Oracle Corporation ( ORCL ). In hindsight, the stock experienced irrational exuberance following the booking of strong commitments from OpenAI. This ledJulian Lin is a financial analyst. He finds undervalued companies with secular growth that appreciate over time. His approach is to look for companies with strong balance sheets and management teams in sectors with long growth runways. Julian is the leader of the inv ...

Group 1 - Zscaler (ZS) has experienced a significant pullback in the past quarter, which may attract attention from investors who previously avoided the stock during the summer months [1] - The investment strategy focuses on identifying undervalued companies with secular growth potential, emphasizing strong balance sheets and management teams [1] - The investment group led by Julian Lin aims to deliver large alpha relative to the S&P 500 by combining growth-oriented principles with strict valuation hurdles [1] Group 2 - The article does not provide any specific financial data or performance metrics related to Zscaler or other companies mentioned [2][3]

Core Insights - Palantir Technologies Inc. (PLTR) is a highly divisive stock, suggesting differing opinions on its valuation and growth potential [1] Group 1: Company Overview - The article discusses the investment philosophy of a financial analyst who focuses on identifying undervalued companies with long-term growth potential [1] - The analyst emphasizes the importance of strong balance sheets and management teams in sectors with sustained growth opportunities [1] Group 2: Investment Strategy - The investment approach combines growth-oriented principles with strict valuation criteria to enhance the margin of safety [1] - The analyst leads an investment group that shares high-conviction stock picks aimed at outperforming the S&P 500 [1]

Perhaps no stock is more divisive than Palantir Technologies Inc. ( PLTR ). If we make the assumption that we have reached the point in the cycle in which “valuation no longer matters,” then it is easy toJulian Lin is a financial analyst. He finds undervalued companies with secular growth that appreciate over time. His approach is to look for companies with strong balance sheets and management teams in sectors with long growth runways. Julian is the leader of the investing group Best Of Breed Growth Stocks ...

Group 1 - Circle Internet Group (NYSE: CRCL) has been identified as one of the tech IPO winners this year, raising questions about the timing for potential investment given its current stock premium [1] - Julian Lin, a financial analyst, focuses on finding undervalued companies with secular growth potential, emphasizing strong balance sheets and management teams in sectors with long growth runways [1]

Core Thesis - Constellation Brands, Inc. (STZ) is viewed as a compelling investment opportunity due to its historically low valuation metrics, strong brand loyalty, and growth potential in the alcohol sector [1][3][6] Valuation Metrics - As of September 18th, STZ's share price was $133.02, with trailing and forward P/E ratios of 18.50 and 11.38 respectively [1] - The company's EV/EBIT multiple is around 10.5x, the lowest in its history, even below levels seen during the 2008/09 financial crisis [3] Brand Strength and Distribution - Constellation's competitive advantage lies in its strong brand portfolio, including iconic brands like Modelo, which foster generational loyalty [4] - The company's North American distribution network enhances its market position by controlling shelf space and tap handles, assets that are scarce and aggressively defended [4] Financial Performance and Growth Drivers - Despite short-term concerns regarding consumer spending and debt, the company has shown resilient margins and strong free cash flow, projected at $2.3 billion for FY2024 [5] - Growth is driven by Modelo surpassing Bud Light as the top beer in America, premiumization trends in the alcohol sector, and international expansion of Mexican beer brands [5] Intrinsic Value and Market Mispricing - A conservative valuation approach suggests an intrinsic equity value of approximately $36 billion, close to the current market capitalization of $42–43 billion [5] - Even modest growth could push intrinsic value above $50 billion, indicating a 20–25% margin of safety [6] Long-term Investment Outlook - The combination of durable brands, strong distribution, and global growth potential presents a favorable risk/reward scenario for long-term investors [6] - The company's strong moat, disciplined management, and reliable cash flow contribute to its attractiveness as a long-term investment opportunity [6]

Core Insights - Celestica Inc. (NYSE: CLS) has experienced a significant rally, increasing by 64% since the last coverage, indicating strong market confidence in the company's performance [1] - Projected sales for Celestica are expected to rise from $5.6 billion in 2021 to $9.6 billion in 2024, with further growth anticipated to $11.55 billion in 2025, showcasing robust revenue growth [1] Leadership & Management Analysis - The company has a proven track record in scaling businesses, demonstrating effective capital allocation and insider ownership [1] - Consistent revenue growth and credible guidance are highlighted as key strengths of the management team [1] Market Disruption & Competitive Positioning - Celestica benefits from a strong technology moat and first-mover advantage, positioning it well in the market [1] - The company is leveraging network effects that drive exponential growth and has achieved market penetration in high-growth industries [1] Financial Health & Risk Management - The company exhibits sustainable revenue growth with efficient cash flow, supported by a strong balance sheet and a long-term survival runway [1] - Celestica avoids excessive dilution and maintains financial strength, which is crucial for its ongoing operations [1] Valuation & Asymmetric Risk/Reward - The analysis includes revenue multiples compared to peers and DCF modeling to assess valuation [1] - Institutional backing and market sentiment analysis are utilized to ensure downside protection while maximizing upside potential [1] Portfolio Construction & Risk Control - The investment strategy includes core positions (50-70%) in high-confidence, stable plays, growth bets (20-40%) in high-risk, high-reward opportunities, and speculative positions (5-10%) in moonshot disruptors [1]

The looming November budget has British voters and investors on the edge of their seats, wondering how the chancellor might plug the UK's fiscal hole. The good news is that the low valuation on UK stocks still offers a margin of safety. https://t.co/VKE02fZKsE ...