All Reports

We initiate coverage of the shares of Versigent (VGNT; $28.34) with an Outperform and $35 target given our belief that the stock looks like a mispriced asset after being spun out by Aptiv (APTV; $60.63;…

Yesterday, Uber Technologies (UBER; $72.55; E/W) added to a recently long string of robotaxi announcements of the past five weeks or so, starting with the formal launch of its Uber Autonomous Solutions offering in late-February…

This morning, Flex (FLEX; $60.76; O/P) announced it was adding to its critical power portfolio with a definitive agreement to acquire Electrical Power Products (EPP) for $1.1B in an all cash transaction, which is before…

This morning, Uber Technologies (UBER; $69.46; E/W) announced an agreement to acquire Blacklane, which was founded in 2011, a chauffeur service provider that operates on a global basis. Uber did not disclose any financial details…

We think last week’s sharp decline in the shares of Micron (MU; $357.22; O/P) and SanDisk (SNDK; $615.83; O/P), down 16% and 13% respectively, proves a buying opportunity in coming weeks. SanDisk is also down…

The shares of Sanmina (SANM; $130.90; O/P) are down 28% over the past two months or back to where the stock was when the company completed the acquisition of ZT Systems’ data center infrastructure manufacturing…

This morning, Uber Technologies (UBER; $72.15; E/W) announced yet another autonomous driving partnership that we think highlights the company’s global scale and network advantages. Specifically, Uber is entering a strategic partnership with Pony AI (PONY;…

This morning, SanDisk (SNDK; $655.00; O/P) entered into a private placement agreement with Nanya Technology (2408.TW; NT$226.50; NR) in which it agreed to purchase ~139mm shares of Nanya common stock for ~$1B based on ~15%…

On Monday morning (3/23), Mobileye (MBLY; $7.12; E/W) announced that a leading U.S. automaker plans to integrate its Driver Monitoring System (DMS) into future vehicles equipped with its EyeQ6L system-on-chip (SoC). Importantly, this win, which…

This morning, Vertiv (VRT; $269.45; E/W) announced an interesting acquisition along with updates on its expansion plans, which all should add confidence to the idea that the company is positioning itself to more than keep…

On Friday (3/20), Ecolab (ECL; $132.74; NR) announced plans to acquire CoolIT Systems, a liquid cooling technology business focused entirely on data center applications, for $4.75B from KKR. From our seat, this transaction highlights how…

We found more reasons to believe last week, especially after attending OFC in Los Angeles, that the recent 19% decline in the shares of TE Connectivity (TEL; $195.84; O/P), which came in less than a…

Yesterday, Uber Technologies (UBER; $75.34; E/W) announced a partnership with Rivian Automative (RIVN; $16.12; NR) that adds to what has become the company’s very long list of autonomous rideshare partnerships that span the globe. Additions…

We believe the recent 16% decline in the shares of Amphenol (APH; $130.65; O/P), which leaves the stock at the low end of its recent five-month trading range, proves an excellent buying opportunity for investors…

The shares of Micron (MU; $444.27; O/P) inexplicably traded down 4% yesterday after yet another massive “beat and raise”. In fact, the immediate result is the stock de-rated substantially given how we see Street estimates…