Articles by Daniel Marsh
Super Micro's Low P/E Masks Potential 28% Dilution from Financing Deals
Super Micro shares fell 3.2% to $27.41. Despite a low P/E of 13.2, potential dilution from financing could add up to 28% to share count.
Micron's $60B Selloff Puts 2028 Margin Outlook Under Scrutiny
Micron Technology (MU) fell 5.3% to $927.10, losing $59.8 billion in market cap, as investors reassess the sustainability of its near-record 86% gross margins.
GE Aerospace's $368B Valuation Faces a 2.2% Cash Flow Reality Check
GE Aerospace (NYSE:GE) shares fell 1.7% to $353.12, valuing the company at $368.4 billion. The stock trades at 44-46x guided free cash flow, implying a cash yield of just 2.2%.
SCHD Faces 17% Payout Hurdle to Sustain 9% Dividend Growth in 2026
SCHD must raise second-half distributions by 17.4% year-over-year to meet a 9% growth target for 2026, after first-half payments showed minimal change.
Cramer Backs Walmart as Q2 Forecast Tests $642 Billion Valuation Gap
Jim Cramer calls Walmart's recent dip an incredible buying opportunity. The retailer's Q2 forecast requires profit growth to outpace sales, while its $642B valuation gap highlights market bets on e-commerce and ad revenue.
Costco's Low Churn Strategy Justifies Premium Valuation, RBC Says
Costco's low employee turnover and high membership renewal rates create a retention moat, but its 46.5x P/E ratio is a significant valuation hurdle, according to RBC Capital.
Narrow Tech Selloff Masks Broad Market Resilience as Rotation Plays Out
While the Nasdaq fell 0.9% on a memory-chip selloff, the equal-weight S&P 500 rose 0.18%, indicating the selling is narrow and a rotation into energy and defensive stocks is underway.