1. Reddit has recently closed the monetization gap by improving ad load and attracting diverse advertisers; 2. RDDT's revenue growth potential is significantly expanded through translation and data licensing efforts; 3. Despite the premium valuation, a 25% annualized upside is seen from now through 2026 due to higher advertiser ROI, user growth, and RPU.

1. BDCs pulled back around 2% along with other higher-beta income sectors; 2. Investors did not like CSWC results, with the stock 7% lower from prior to the report; 3. We also highlight FDUS and HRZN numbers.

1. Duolingo's shares have continued to rise post-earnings, driven by another guidance boost and strong growth trends. 2. The company is achieving over 40% growth in DAUs, subscribers, and revenue. 3. The launch of Video Call, an AI-powered conversational tool, has significantly accelerated language learning capabilities. 4. Despite Duolingo's fundamental strength, the stock's valuation multiples are incredibly rich (~14x revenue and >100x P/E).

1. Super Micro Computer's stock dropped nearly 20% on November 6 due to a massive disappointment in its business update; 2. The company failed to provide clarity on its delayed 10K filing and new auditor engagement, fueling fears of potential delisting; 3. Despite a relatively solid financial profile, Supermicro may face intense competition, and investors are likely to see further downward guidance adjustments.

1. Super Micro Computer's shares have lost almost 50% of their value after the audit firm's surprise resignation; 2. A $400 million liquidity drain due to banks' requirements; 3. Concerns about Nvidia redirecting customer orders and muted demand for cooling solutions; 4. Potential delisting as Nasdaq's grace period expires.

1. VICI reported very consistent Q3/24 earnings, exceeding top and bottom line expectations. 2. VICI's unique business model distinguishes it from other triple-net lease REITs, making it of higher quality. 3. Even with almost no growth, the company appears attractively valued. 4. Assuming aggressive but realistic growth rates, VICI could be undervalued by up to 54%.

1. Super Micro Computer's auditor resigned amidst previous bad news, including delayed 10-K filing and NASDAQ delisting threat; 2. The author had a 'Hold' recommendation initially but now advises 'Sell'; 3. The article discusses the author's investment philosophy and career in finance.

1. Enovix reported Q3/2024 results in line with muted expectations; 2. The company's financial performance was lackluster, but investors cheered the announcement of a new development agreement with a leading Chinese smartphone OEM; 3. Management expects high-volume manufacturing to ramp up in late 2025 and rise exponentially in 2026; 4. The surprise $100 million capital raise might be due to the new requirement to fully fund the first high-volume manufacturing line in Malaysia; 5. The author remains skeptical of Enovix's story and reiterates a 'Sell' rating on the shares.

1. AMD's stock dropped 8% post-earnings despite beating top line estimates due to weak Q4 guidance; 2. AMD saw a revenue acceleration of 10 PP in Q3'24 driven by strong demand for AI chips from the Data Center segment; 3. Free cash flows surged and gross margins expanded 3% Y/Y, but Q4 guidance disappointed.

1. There are significant valuation gaps among REIT sectors, with some justified by fundamentals and others representing mispricing, providing investment opportunities in undervalued sectors. 2. Hotel and office REITs face significant challenges, including volatile earnings, high costs, and post-COVID demand shifts, making them risky investments despite low multiples. 3. Diversified and retail REITs are undervalued; diversified REITs are misunderstood, and retail REITs have growth potential due to long-term lease roll-ups.

1. Altria offers a compelling investment with a low P/E ratio and an 8.2% dividend yield despite facing volume declines and regulatory risks. 2. The US market remains highly profitable for Altria, but the lack of diversification and regulatory threats pose significant risks. 3. Vaping and other alternatives are accelerating cigarette volume declines in the US, but Altria's pricing power and buybacks support profitability.

1. The author initially rated Rivian 'Sell' in 2021 and upgraded to 'Buy' in July 2024, acknowledging his early and incorrect assessment. 2. Rivian's Q2 2024 results showed significant gross profit losses and production disruptions, leading to a downgrade of future earnings estimates by Wall Street. 3. Despite a strong cash position from the VW deal, Rivian's continuous cash burn and deferred break-even projections raise concerns. The challenges in growth and profitability, along with increasing EV competition, make it difficult to maintain a bullish stance. The author downgrades to 'Hold' based on fundamentals not supporting a bullish stance.

1. Vistra's stock surged 61% since the 'Buy' rating; 2. The real driver of the Company's growth is the energy supply gap; 3. The stock's valuation appears extremely stretched, leading to a downgrade to 'Hold'.

1. Despite healthy EPS growth expected in the upcoming results, it's challenging to make a short-to-medium term Buy case for Philip Morris due to its strong price gains this year. 2. The stock's market multiples are currently high, and with market prospects looking decent for Q4 2024, a shift towards defensive stocks seems unlikely. 3. The author notes that the stock's forward non-GAAP P/E ratio was high even before writing, indicating the risk of short-term investment.

1. After a strong year, Indian stocks have entered a consolidation phase; 2. External factors like Middle East geopolitics have impacted earnings expectations; 3. The India Fund remains well-equipped to navigate market turbulence.

1. The author reiterates a 'Sell' rating on Intuitive Surgical due to its high valuation. 2. The launch of the Da Vinci 5 robot in mid-2025 is seen as a major catalyst for growth. 3. Despite strong leadership, the company's overvaluation and high WACC of 13% support the 'Sell' rating.

1. SL Green is on track to lease over 3 million sq ft; 2. Occupancy is expected to climb to 92.5% by the end of the fiscal year; 3. The stock has more growth potential due to successful building modernizations and new asset management ventures.

1. Palantir is significantly overvalued with a forward EV-to-sales ratio of 34 and a forward price-to-cash-flow ratio of 111.3, indicating a high-risk investment. 2. Despite expected strong Q3 results, the current valuation is unsustainable. 3. The company's commercial revenue growth driven by its AI Platform and boot camps is promising, but its reliance on wartime economics poses long-term risks. 4. Given the speculative nature of its current valuation, consider selling PLTR stock now as a significant correction is likely.

1. Tesla's robotaxi event disappointed investors, leading to a nearly 9% drop in stock price. 2. The event lacked details on production timelines and technical specifications. 3. The absence of the Model 2 and 2nd-gen Roadster from the event was disliked by some. 4. Tesla's decision not to use Lidar technology may pose regulatory challenges compared to Waymo's technology.

1. Reflecting on past investment mistakes, the author emphasizes the importance of humility and continuous learning in becoming a more intelligent investor. 2. Medical Properties Trust faces significant challenges due to its over-reliance on its largest tenant, Steward, leading to financial instability. 3. Despite management's optimistic communication, MPW's exposure to Steward resulted in unpaid rent, asset sales, and dividend cuts, leading to a Sell rating. 4. The author lacks confidence in the management team and recommends avoiding the stock until further improvements are evident.