PERFORMANCE TRANSPARENCY

Track Record

Every price target. Every pick. Full transparency — no cherry-picking.

5

Picks

2/5

Price Targets Hit

+62.0%

Portfolio Return

How is Portfolio Return calculated?

A hypothetical equal-weight portfolio: $1,000 is invested at each pick's publish price on the day the thesis was published.

When a closed pick reaches its target, the proceeds are split equally and reinvested into active picks below their targets at the price on the target-hit date — not at the original publish price.

Picks held under 30 days (with no ±15% move) are excluded from the total until they mature, so new positions don't skew the average.

Returns are computed lot-by-lot: the original $1,000 grows from the publish price; each reinvested slice grows from the event-date price it was bought at. No leverage, no margin, no real money — this is a transparent benchmark of the public thesis calls.

Portfolio vs. S&P 500

$5,000 invested ($1K per pick · proceeds reinvested at event-date prices)

$8,101

+62.0%

My Picks

vs

$5,861

+17.2%

S&P 500

Reinvestment Flow

FSLR closed Nov 3, 2025 — $126 → $262 (108%)

$1,000 grew to $2,079, split into 2 active picks = +$1,040 each

Reinvested into: NXT @ $101.50, SFM @ $79.00

Active Picks — Return Since Publish

NXT
+143.8%
SFM
+9.3%
SIRI
+19.7%
CELH
-1.1%

All Research Picks

FSLRClosedStock Analysis
Mar 31, 2025|7 mo to target

First Solar: Buy-Rated with $190 Price Target Despite Emerging Policy Risks

Despite a 41% post-election selloff driven by IRA uncertainty, First Solar's fundamentals remain compelling. My multi-model valuation (DCF, EV/EBITDA, PE, P/CF) all converge below fair value, supporting a $190 price target.

Price Target

+108%

$126 → $262achieved

Price target of $262 reached October 2025. Coverage closed following repeated earnings misses and a sharp downward revision to FY2026 guidance, with management guiding revenue of $4.8–5.2B, a 30% cut from prior estimates.

NXTActiveStock Analysis
May 12, 2025|3 mo to target

NEXTracker: Tracking the Future of Solar with a $70 Price Target

NEXTracker holds 23% global market share in solar tracking technology, boasts a CAGR of 30%, and carries a $4.5B backlog. My DCF analysis points to $67/share. I'm placing a $70 price target with 40% upside.

Price Target

+40%

$50 → $70achieved

Since Publish

+143.8%

$50 → $121.88

Position (avg cost)

+80.7%

$67.44 → $121.88

Hypothetical position: $2,040 invested · avg cost $67.44/share

Price target of $70 reached August 2025. Coverage remains active as I continue to monitor earnings growth and management execution on the $4.5B backlog.

SFMActiveStock Analysis
Nov 3, 2025|7 mo held

Sprouts Farmers Market: Why I Bought the Dip, $153 Price Target

Despite a 25% post-earnings drop driven by cautious Q4 guidance, Sprouts Farmers Market's fundamentals remain strong. My DCF analysis implies a fair value of $153/share, a 94% premium to the October 31 price.

Price Target

+94%

$79 → $153

Since Publish

+9.3%

$79 → $86.33

Hypothetical position: $2,040 invested · avg cost $79.00/share

SIRIActiveStock Analysis
Mar 29, 2026|2 mo held

SiriusXM: Buy-Rated with $39 Price Target

SiriusXM generates over $1.2B in annual free cash flow behind a satellite infrastructure moat and 180M+ trial-equipped vehicles on the road. My DCF implies $39/share, a 70% premium to the current price of $23.

Price Target

+70%

$23 → $39

Since Publish

+19.7%

$23 → $27.52

Hypothetical position: $1,000 invested · avg cost $23.00/share

CELHActiveStock Analysis
May 11, 2026|1 mo held

Celsius Holdings: Buy-Rated with $49 Price Target

Following the Alani Nu acquisition and the consolidation of Rockstar Energy under its expanded PepsiCo partnership, Celsius now operates a three-brand portfolio with roughly 20% U.S. energy drink share. At about 14.4x FY2025 EV/EBITDA versus a peer median near 19x, the stock already trades at a discount. My DCF implies a fair value near $49/share on a diluted basis, a 66% premium to the May 11 price of $29.50.

Price Target

+66%

$29.5 → $49

Since Publish

-1.1%

$29.5 → $29.18

Hypothetical position: $1,000 invested · avg cost $29.50/share