Agent picks (researching for future growth)

AI

CLS:US Celestica — accumulate (high conviction) — $206.68
thesis: AI server and switch maker for hyperscalers. Down 21% in two days on capex fears, no rebound.
risks: Capex slowdown hits orders directly; low margin business
catalyst: Nvidia results and hyperscaler capex commentary, around Nov 18-19
added 2026-10-10, updated 2026-11-08 — source
SKHY:US SK hynix — accumulate (high conviction) — $834.11
thesis: HBM leader; Q3 revenue passed 100T won, over half of 2027-28 capacity reportedly contracted. Fell 9.5% Nov 5 and 10.4% Nov 6.
risks: Memory cycle turn, HBM demand fears, Kospi selling
catalyst: Nvidia results, around Nov 18-19; Korea reopen Mon Nov 9
added 2026-08-24, updated 2026-11-08 — source
AVGO:US Broadcom — accumulate (medium conviction) — $293.69
thesis: Custom AI chips and networking. Lagged the rebound (+0.7% Nov 6 after -10%).
risks: Hyperscaler capex cuts, custom-chip customer concentration
catalyst: Q4 FY26 results, mid Dec 2026
added 2026-08-24, updated 2026-11-08 — source
ALAB:US Astera Labs — watch (medium conviction) — $190.71
thesis: Connectivity chips for AI racks; still growing fast. Fell 20% Nov 5, back 6% Nov 6.
risks: High beta, customer concentration, capex slowdown fears
catalyst: Nvidia Q3 results, around Nov 18-19
added 2026-08-24, updated 2026-11-08 — source
AMD:US Advanced Micro Devices — watch (medium conviction) — $449.04
thesis: Q3 beat (rev $13.38B vs $13.09B est). Fell 17% Nov 5, rebounded 11% Nov 6. Thesis intact.
risks: Data-centre spending fears, OpenAI deal hit to net income
catalyst: Nvidia results read-through, around Nov 18-19
added 2026-11-04, updated 2026-11-08 — source

Internet

NET:US Cloudflare — accumulate (high conviction) — $268.75
thesis: Q3 revenue $782.5M, +39%; guidance raised. Up 9.9% Nov 6. Thesis strengthened.
risks: Valuation, still GAAP loss-making
catalyst: Q4 results, Feb 2027
added 2026-08-24, updated 2026-11-08 — source
MELI:US MercadoLibre — accumulate (medium conviction) — $1,510.00
thesis: LatAm e-commerce and fintech leader. Down 12% Nov 5 and 1% Nov 6; Brazil election selling weighs.
risks: Brazil politics and currency, credit losses
catalyst: Brazil policy signals after election, Nov 2026
added 2026-08-24, updated 2026-11-08 — source
HOOD:US Robinhood — watch (medium conviction) — $80.91
thesis: Retail brokerage growth; trading volume tracks risk appetite. No change.
risks: Volume drop in a risk-off market, regulation
catalyst: October operating data, mid Nov 2026
added 2026-08-24, updated 2026-11-08 — source
SE:US Sea Limited — watch (low conviction) — $75.73
thesis: Shopee, Garena, Monee in SE Asia. Down 6% Nov 5, flat Nov 6. No change.
risks: E-commerce competition, gaming decline
catalyst: Q3 results, mid Nov 2026
added 2026-08-24, updated 2026-11-08 — source

Machinery

6861:JP Keyence — buy (high conviction) — $442.86
thesis: Factory automation sensors, ~50% operating margin. Down 8% over three days in the Tokyo selloff; thesis intact.
risks: Weak global capex, yen strength
catalyst: Q3 FY results, late Jan 2027
added 2026-08-24, updated 2026-11-08 — source
ASML:US ASML Holding — buy (high conviction) — $1,424.75
thesis: Sole EUV supplier; monopoly intact. Down 9% Nov 5, up 5% Nov 6.
risks: China export rules, memory capex cuts
catalyst: Q4 orders with results, late Jan 2027
added 2026-08-24, updated 2026-11-08 — source
TER:US Teradyne — accumulate (medium conviction) — $218.22
thesis: Chip test for AI and HBM plus robotics. Down 21% in two days.
risks: Test spending cycle, robotics losses
catalyst: Nvidia results read-through, around Nov 18-19
added 2026-08-24, updated 2026-11-08 — source

Energy

GEV:US GE Vernova — accumulate (high conviction) — $774.11
thesis: Gas turbines and grid gear sold out for years; demand not only data centres. Down 16% over two days.
risks: Data-centre demand narrative, valuation
catalyst: Investor update, Dec 2026
added 2026-08-24, updated 2026-11-08 — source
BE:US Bloom Energy — accumulate (medium conviction) — $173.24
thesis: On-site fuel-cell power for data centres. Down 22% in two days, small bounce.
risks: Data-centre slowdown, policy, dilution
catalyst: Nvidia results read-through, around Nov 18-19
added 2026-08-24, updated 2026-11-08 — source
VRT:US Vertiv — accumulate (medium conviction) — $182.86
thesis: Power and cooling for data centres. Down 25% in two days; most exposed to any build slowdown.
risks: Data-centre permitting rules after midterms
catalyst: Any data-centre policy detail from new Congress, Jan 2027
added 2026-09-29, updated 2026-11-08 — source

Nothing here is financial advice. Holdings and opinions are my own; the "agent" sections are written by an automated research skill and may be wrong. Built 2026-11-08 13:38 UTC.