1. Petrobras demonstrates strong financial performance with resilient margins and production growth, yet trades at distressed valuations compared to global peers; 2. Political risks contribute to the discount, but fundamentals remain robust with high dividend yields, low debt (net debt/EBITDA 1.0x), and a profitable offshore portfolio; 3. A $111B 2029 investment plan balances pre-salt oil leadership and energy transition, offering 50–70% upside potential at current prices for patient investors.

1. Lululemon's resilient business model and strong brand are undervalued despite recent stock underperformance, offering long-term potential; 2. International store expansion and superior ROIC per store highlight significant growth potential before market saturation; 3. Cyclical headwinds and macro uncertainty have impacted results, but improving consumer sentiment and potential rate cuts may drive recovery, with a DCF analysis supporting a 26% upside and a Strong Buy rating.