INVH · long Invitation Homes INC
Invitation Homes owns more than 85,000 homes valued at $43 to $48 per share, versus a roughly $30 share price, with occupancy above 96%.
Wednesday, June 24
Wednesday, June 24, 2026
Everything we published on this day.
17 stories
INVH · long 
TRIP · long Tripadvisor INC
Tripadvisor (TRIP) is presented as a long idea.
Cerebras June 2026 Earnings
Cerebras faces shareholder criticism over $700,000 to $850,000 WSE-3 rack pricing, alleged packaging-yield losses and SRAM-based KV-cache…
I Didn't Know Then. I Know Now. — ISRG & PME.AX
Intuitive Surgical and Pro Medicus are new medical-technology positions, with robotic-assisted surgery cited as cutting femur hospital…
Deep Dive: XPEL
XPEL sells paint-protection film and DAP cutting software, using 90,000-plus vehicle templates to win share from 3M and Eastman.
PAA Research on X
$QCOM CEO right now on the acquisition of Modular: We might have an android or linux type moment here. I own $QCOM and I started howling when Christiano Amon said that. @jimcramer called $QCOM a "boastful" company, which was highly diplomatic. Modular does sound really interesting, but can we keep expectations in check for just a day?! Start by beating numbers consistently and go from there.
PAA Research on X
If you're wondering just how unusual this year has been, here's yet another way to look at it. TWENTY THREE S&P 500 stocks have increased 100%+ this year. That's by far the highest number for at least the past FORTY years (maybe all-time). The stocks that have doubled have contributed roughly 5-6% of the overall 8% gain YTD for the S&P 500. It is highly unusual for an S&P 500 stock to double. In most years, there are at most a few stocks that double. Of course the last time we saw a surge in the number of S&P 500 stocks that doubled was in 1999..... History suggests this type of unrelenting bid will not be sustained. As you look at the list below, you'll notice the only non-AI/semis/data center stock in the S&P 500 that has doubled is $MRNA, which was down (-90%+) from its COVID19 highs. If you're looking for doubles or 10-baggers going forward, perhaps it's time to look outside of the data center trade... $SNDK $WDC $STX $MU $INTC $DELL $MRVL $FLEX $AMD $AMAT $LITE $GLW $LRCX $TER $ON $COHR $MRNA $FIX $HPE $GNRC $KLAC $Q
PAA Research on X
Good day for "LLOK" trades with crude collapsing, interest rates falling, and WSB retail investors bidding up $WEN and $JACK. https://t.co/NHRQkih4Y0
Broken Moats on X
Sector action is bizarre today --- travel/discretionary (ex amazon (who posted very lousy prime sales) are surging), housing and adjacent like furniture ($w $wsm), biotech adjacent bid ($rgen, $medp) and waste stocks ($wcn). You want to derrick micron, I get it. And I get gas prices lower, market expects to fade out rate cuts that were priced moving forward as Warsh moves to trim mean/new data versus actually being hawkish, and some impact on a name like $hd off the housing bill. But all of these things are at the margin and known leading up to today --- so why target, kbh (on relatively inline to disappointing numbers yesterday) Expedia today versus yesterday? Market moves in very funny ways recently
Broken Moats on X
Good to see someone paying attention on life insurers from Bloomberg today. Private Credit and certain life insurers are deeply linked - $MET, Lincoln are just the tip of the sphere I would add https://t.co/Vcyt0RFlT1 and certain regional banks like $WAL in that mix too. *and sure 95% of all your pc loans are credit grade MetLife, can I ask how many were rated by Egan Jones?*
Broken Moats on X
Anybody see this run in $WNC? crazy, gone from serious balance sheet risk to the fastest trade in the market. Company commented they might get to a replacement market next year (versus years of tough order books) and the commerce ruling on dumping from china that will put tariffs on Chinese suppliers (maybe 20% of the market?) should help those 27' numbers. But issues remain in what is a pretty poor business when the dominant industry player fluctuates on bankruptcy each cycle.
catechwilliams on X
$FGMC $3.5B mkt cap tiny home builder. $1M sales. -1,000% GMs. Incinerating cash. 83% SPAC redemption, only $14M in cash. Auditor: "substantial going concern doubts.” Modular homes industry littered with recent bankruptcies. Dubious leadership backgrounds.
Nat Stewart on X
Assume you have seen it, but $MHGU CEO 5/19/26 presentation is solid. They will get a EBITDA boost from being allowed to close poor locations, breakfast opt-out, and $7.3M G&A cuts. If new WEN mgt does its job, MHGU could end up a rocket ship. Less liquid/risky/trades OTC, but I own a bit - potential upside dwarfs current share price, IMO.
Timyan Bank Alert on X
$CBAN to merge w/ $FSRL https://t.co/2hLKYqpeB6
Timyan Bank Alert on X
What if after assessing, O’Brien decides it’s best to reset lower and recap $BCBP Cc @thebankzhar https://t.co/VpMUhD9ctQ
Raging Capital Ventures on X
@satsfilip Fixed — at around $353 per $CHTR share / 23% of company.
On the Horizon
A tiny defense supplier trades at roughly 6.5x estimated normalized EBIT as military-program volumes rise and a strategic review considers…
