All Reports

Yesterday, Belden (BDC; $110.80; O/P) announced that it plans to manufacture select products of its recently acquired RUCKUS Networks business in Pune, India, which we think is an interesting move towards producing more immediate operating…

This morning (9/24), the European Automotive Manufacturers Association released car registration data from the region for the month of August, which continued to demonstrate some solid YoY growth in overall vehicle demand, albeit increasingly skewed…

This morning, Vertiv (VRT; $245.10; O/P) announced an agreement to acquire King Environmental Services, which is focused on thermal and fluid management services for high-density, liquid-cooled data centers and other applications from its headquarters near…

We reiterate our Outperform and $450 target on the shares of Jabil (JBL; $308.75) ahead of its FQ4 (Aug) print and Ninth Annual Investor Briefing, scheduled for next Wednesday (9/30 before market), where management typically…

We think the recent rally in the shares of Celestica (CLS; $356.08; O/P) has “more to go” in coming months since we see news of the last few weeks around a CFO transition and unexpected…

We believe the shares of Flex (FLEX; $111.61; O/P) prove meaningfully oversold over the next few months based on our review of the company’s just filed Form 10 along with a range of industry data…

We are adjusting our 2026/2027E EPS on Amphenol (APH; $78.37; O/P) from $5.35/$6.40 to $2.67/$3.20, which is entirely to reflect the company’s recent two-for-one stock split. We note that management basically reiterated prior Q3 EPS…

We hosted a bullish virtual investor meeting yesterday for senior management from Plexus (PLXS; $247.o0; E/W), including CEO Todd Kelsey, CFO David Abuhl, COO Oliver Mihm, as well as Shawn Harrison, VP of IR. The…

We think the recent 10% decline in the shares of Uber Technologies (UBER; $72.64; O/P), most likely on renewed fears that the advent of robotaxis turns out to be detrimental to the company’s long-term growth…

Lyft (LYFT; $14.90; E/W) negatively surprised the Street yesterday with news that CFO Erin Brewer plans to retire effective September 28th, 2026. In our view, Ms. Brewer, who has been with the company as CFO…

Last night, Amkor Technology (AMKR; $50.72; E/W) announced that it was proceeding with the construction of Phase 2 of its advanced packaging and test campus in Arizona. Most importantly, management disclosed that its customer commitments…

We think a presentation at an investor conference yesterday from the CFO of Advanced Micro Devices (AMD; $507.25; NR) further suggested to us that the shares of Sanmina (SANM; $205.41; O/P) remain well undervalued. We…

This morning, Corning (GLW; $168.48; E/W) announced that it has extended on a prior set of long-standing supply agreements with Verizon (VZ; $50.10; NR) through what is being described as a “multi-billion-dollar agreement for 80+…

We are raising our F2027/2028E (Apr) EPS from $9.00/$9.90 to $10.00/$10.90 for NetApp (NTAP; $185.38; E/W) after the company’s FQ1 (July) EPS handily beat Street expectations and the company raised its F2027E EPS outlook, albeit…

Last night, Flex (FLEX; $107.89; O/P) announced a definitive agreement to acquire EPC Power, which will become part of its soon to be separated Cloud and Power Infrastructure business (CPI; 33% of F2027E sales and…