Amber

Amber Watchlist: Portfolio Changes Preview

Where our model portfolios and our own research ratings disagree, and which positions are under review.

Amber Watchlist: Pre-Earnings Setups

Twelve names we cover or hold report in the next three weeks. For each, what we would treat as a good quarter and what would worry us.

NuScale Power (SMR): Haverhill Research Report

NuScale holds the only NRC-approved SMR design and $1.89B of cash, but no binding order yet. Rated Hold, Haverhill price target $7.60.

Super Micro Computer (SMCI): Haverhill Research Report

Super Micro's AI sales are soaring, but thin margins, cash burn and control weaknesses cap the upside. Rated Hold, Haverhill price target $43.

Rigetti Computing (RGTI): Haverhill Research Report

A $4.8 billion quantum company with $5 million of quarterly revenue and years of cash. Rated Hold, Haverhill price target $12.

Cloudflare (NET): Haverhill Research Report

Cloudflare is growing faster as AI agents flood the web, but the shares already price that in. Rated Hold, Haverhill price target $345.

Strategy (MSTR): Haverhill Research Report

Bitcoin covers Strategy's debt and preferred 3.4 times, but the stock trades above what is left. Rated Hold, Haverhill price target $161.

DraftKings (DKNG): Haverhill Research Report

Predictions spending and thinner sports margins weigh on earnings, but the stock prices much of it in. Rated Hold, Haverhill price target $21.

CoreWeave (CRWV): Haverhill Research Report

CoreWeave's backlog passed $100 billion, but the debt paying for it is growing fast. Rated Hold, Haverhill price target $90.

Circle (CRCL): Haverhill Research Report

USDC keeps growing, but lower rates and Coinbase payouts take much of the gain. Rated Hold, Haverhill price target $74.

Arm Holdings (ARM): Haverhill Research Report

Royalties are rising and Arm now sells its own chip, but the price already assumes 2031. Rated Hold, Haverhill price target $242.

AppLovin (APP): Haverhill Research Report

Revenue up 53% with 84% margins, yet the stock trades near 15x 2027 earnings. Rated Buy, Haverhill price target $320.

Amber Watchlist: Insider and Buyback Watch

Who sold without a plan, who bought with their own money, and which companies are buying back stock, across the names we cover and hold.

Amber Watchlist: New Idea Pipeline

Five stocks we are researching now that could join the Haverhill Hundred or get a full report.

Amber Watchlist: Ranks 31 to 100 Movers

The paid-list names with the biggest moves over the past year, and whether each move changes its rank.

Amber Watchlist: Binary-Event Playbook

Three events that could move a covered stock by half in a day, and what each outcome would do to our value per share.

Amber Watchlist: Quality on Sale

Nine Hundred Buys earning at least 17% on their capital whose shares have fallen 17% to 61% in a year.

Amber Watchlist: Rating Changes on Deck

The stocks closest to a Haverhill rating change, and the price or event that would trigger it. One is 3% away.

Amber Watchlist: Above Our Price Target

Four stocks we cover have run past what we think they are worth. Where we would get interested, for each one.

Amber Watchlist: Below Our Price Target

The covered stocks trading furthest under our 12-month targets, and the Hundred Buys we expect to put targets on next.

Vertex: life after cystic fibrosis

Cystic fibrosis still brings in 96% of sales. A pain pill, a gene therapy, a kidney drug decision on November 30 and a $10 billion acquisition are meant to change that. An Amber first look.

Schwab: what higher rates are worth, and where client cash is going

Schwab earns about 3.8 points more on its assets than it pays on deposits. With the Fed raising rates again, an Amber first look ahead of Thursday's results.

Intel: the turnaround now has three big shareholders and one big question

The US government, Nvidia and SoftBank all bought in, and revenue is growing again. But the foundry business still has few outside customers. An Amber first look.

Mastercard: what could actually slow the steadiest earner in payments?

Revenue up 14%, a 61% margin and $4.9 billion of buybacks in a quarter. An Amber first look at the three threats Mastercard itself lists: regulation, stablecoins and the fight over fees.

Oracle: $664 billion of orders, and the bill to deliver them

Cloud infrastructure revenue more than doubled, but Oracle spent $28.5 billion on data centers in one quarter and is raising money to keep building. An Amber first look at the funding question.