Company Notes

This morning, Corning (GLW; $132.66; E/W) announced a collaboration with US Conec to become a licensee of PRIZM TMT optical ferrule technology, which enables higher fiber counts in tighter spaces inside data centers. Recall, ceramic…

This morning, Uber Technologies (UBER; $74.65; E/W) announced the latest in its comprehensive string of autonomous vehicle (AV) technology partnerships as per a strategic agreement with Zoox, which is wholly owned by Amazon. The two…

We are raising our F2026/2027E (Aug) EPS on Micron (MU; $403.11; O/P), which have generally been above consensus in recent months, from $34.00/$50.00 to $35.20/52.75, ahead of its FQ2 (Feb) print scheduled for next Wednesday…

We see the recent 12% pullback in the shares of Jabil (JBL; $247.46; O/P) as a very good buying opportunity into its FQ2 (Feb) results and guidance, scheduled for next Wednesday (3/18 before market). More…

Earlier this week, Vertiv (VRT; $243.64; E/W) announced it was collaborating with Generate Capital, a sustainable energy investment platform, to offer “Bring Your Own Power & Cooling” solutions to U.S. data center operators. We think…

We see the 16% plunge since February 25th in the shares of TE Connectivity (TEL; $204.31; O/P) as a major buying opportunity for investors with 3–9-month time horizons, even after considering general stock market volatility…

Yesterday, Corning (GLW; $157.79; E/W) announced the launch of Gorilla Glass Ceramic 3, which the company described as the “toughest ceramic cover material that the company has ever developed. We think this announcement, which management…

This morning, Flex (FLEX; $64.12; O/P) announced it was expanding on a strategic collaboration with Advanced Micro Devices (AMD; $197.08; NR) to manufacture the complete AMD Instinct platform in the United States. Flex noted that…

We bump up our F2026/2027E (Apr) EPS for NetApp (NTAP; $99.14; E/W) from $7.90/$8.65 to $8.00/$8.80, for average annual EPS growth of 10%, after the company produced a bit of a “beat and raise” with…

We are raising our F2027E (Jan) EPS for Dell Technologies (DELL; $121.45; E/W) from $11.70 to $13.00 after its healthy “beat and raise”, led by further AI server optimism and solid operating performance in the…

We reinstate coverage on the shares of TTM Technologies (TTMI; $108.86) with an Outperform and a $135 target. We believe TTMI is positioned extremely well to capitalize on two major secular trends in the electronics…

This morning, DoorDash (DASH; $171.82; E/W) announced plans to exit Japan, Qatar, Singapore and Uzbekistan across its Deliveroo and Wolt subsidiaries, which were acquired in June of 2022 and October of 2025, respectively. DASH noted…

Yesterday, Uber Technologies (UBER; $71.30; E/W) announced an agreement to acquire, for undisclosed terms, privately held SpotHero, which adds parking reservations to the Uber app, advancing the company’s ambitions to build out a “super app”….

We think this morning’s news that Advanced Micro Devices (AMD; $211.68; NR) entered into a new, multi-year, multi-gen GPU and CPU strategic agreement with Meta Platforms (META; $635.88; NR) proves extremely bullish for Sanmina (SANM;…

This morning, Uber Technologies (UBER; $71.04; E/W) announced the launch of Uber Autonomous Solutions, which formally combines a suite of services and capabilities that management previously built out in recent years to help autonomous vehicle…