Technology

Report by Abacus Research

The shift towards 800 VDC data centre architectures creates a major new opportunity for SolarEdge and Enphase, whose distributed solar engineering expertise positions them well to handle the hyper-fast, chaotic load swings created by AI infrastructure. Both companies are repurposing existing R&D and already have products in testing, with Abacus arguing their architectures could compete effectively against traditional industrial incumbents such as Eaton and Vertiv. Abacus estimates the emerging market opportunity could reach ~$5-6bn by 2031 and believes successful adoption of 800 VDC systems could ultimately double earnings for both companies. Navitas is also highlighted since it provides the chips needed to make solid-state transformers work for companies such as VRT, ETN and ENPH; no matter whose product wins, NVTS benefits.

Report by View from the Peak

US equities remain the world’s most important market, but passive benchmarks are distorted by AI concentration risk. Durable alpha lies in structural themes beyond AI. Power infrastructure (Constellation, Duke, NextEra) will benefit from grid bottlenecks as data centres drive demand. Re-industrialisation (Caterpillar, Honeywell, Rockwell) reflects reshoring and automation. The energy transition (Dominion, Enphase, ExxonMobil) requires trillions in capex. Housing scarcity (D.R. Horton, Home Depot, Lennar) is a structural imbalance. Healthcare innovation (Abbott, Eli Lilly, UnitedHealth) rides longevity and med-tech advances. Cybersecurity (Cisco, CrowdStrike, Palo Alto) is non-discretionary. Generational wealth transfer (BlackRock, Morgan Stanley, Schwab) reshapes capital flows. The AI productivity super-cycle is real, but thematic allocations across these shifts offer broader, smarter US exposure.

Report by Vermilion Research

Is a collection of technically vulnerable charts culled from the “Negatively Inflecting” and “Toppy” columns within Vermilion’s Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Charts highlighted include Corteva (see above), Enphase Energy, General Mills, Kraft Heinz, Hershey, MarketAxess, Moderna, Newmont, Penumbra, Roblox, SolarEdge and Valmont Industries.

Health Care

Report by 280First

LSFT's executive employment agreements contained severance and change in control policies. It seems that the new policy contains more benefits under Change in Control. Executive employment agreements were last amended in May and June of 2020. The new policy does not seem to be a routine update. As there are always reasons why companies elect to take any action, is this new policy prompted by external takeover interests? Other key findings from 280first's Q2 22 10Q and 10K filings analysis included Altice USA (ATUS), Microstrategy Incorporated (MSTR) and Enphase Energy (ENPH).

Energy

Growing momentum in decarbonisation - stock pullback provides an enticing entry point. Improving supply chain dynamics and growing residential storage contributions (potentially +$500m in incremental revenue through 2022) will drive growth for ENPH with potential upside from grid services and portable power. Following similar selloffs, Webber Research also recently upgraded both SolarEdge and TPI Composites to Buy.