Jack of All Trades

Oracle's $553B backlog is math on committed contracts — not pipeline. First 20%+ organic revenue and EPS growth since 2009. The AI infrastructure buildout that the market spent 2026 punishing them for just printed a 32% gross margin.

HPE's Juniper bet paid off in Q1 — Networking +151%, margins expanded 720bps, EPS beat the top of guidance. Casey's crushed estimates by 18% during a $111 oil spike and raised guidance

Strong Buy on Marvell's $15B FY2028 raise backed by signed designs. Hold on Costco at 49x, Gap at 12x pending Athleta recovery, and Guidewire at 125x with a real moat but a punishing entry.

Costco beat everything and still fell 2.4% — 49x P/E demands more than perfection. Marvell raised FY2028 to $15B on live demand. Gap's 8th straight positive comp dropped 13% on Athleta's collapse and tariff margin pressure.

Strong Buy on Broadcom's historic AI infrastructure dominance. Buy on Wix's credible platform expansion into low-code software. Hold on Abercrombie navigating a tariff-pressured transition year. Sell on Bath & Body Works — the Consumer First Formula is real

Broadcom's AI revenue doubled to $8.4B and Q2 guidance of $22B demolished estimates. ANF logged its 13th straight growth quarter. BBWI beat Q4 then cratered on a Q1 EPS guide of $0.24–$0.30 vs. $1.17 expected. Wix's Base44 hit $100M ARR in nine months and the stock surged 14%.

Strong Buy on CrowdStrike's post-outage triumph. Buy on Ross's best-in-cohort earnings quality and On Holding's guidance-driven entry point. Hold on Target's unproven recovery, Best Buy's flat growth, and GitLab's painful rebuild year.

Target and Best Buy both beat on earnings but missed on revenue. Ross delivered a +9% comp blowout. On Holding crossed CHF 3B in sales then fell on guidance. CrowdStrike printed its first GAAP-profitable quarter with record ARR. GitLab beat Q4 and tanked on FY2027 deceleration.

Strong Buy on Credo's 200% hypergrowth. Buy on MongoDB's Rule of 40 inflection and AES deal arb. Hold on Riot's near-zero EBITDA and ASTS's execution-dependent valuation.

MDB beat on revenue and EPS but guided cautiously, RIOT grew revenue yet posted a large loss, ASTS hit its first real revenue inflection, and CRDO delivered hypergrowth with record margins—showing four very different trajectories across the AI‑infra stack.