Skip to content

Filtered library · Archetype

Cyclical recovery · 100 dossiers

Dossiers classified as Cyclical recovery — 100 names, each with its thesis, invalidation trigger and catalyst calendar.

All dossiers

MU

Micron Technology, Inc.

MEDIUM

The 2026-08-03 divergence extended: MU closed $892.67 on 2026-08-04, +21.8% over four sessions, and Counterpoint put Q2 DRAM share at Micron 25% versus SK Hynix 26%. Price remains under a falling 50-day near $958 with no confirmed base;…

Cyclical recovery ai-chips-memory
catalyst ·

SIMO

fresh

Silicon Motion Technology Corporation

MEDIUM

Controller-mix decoupling got its first hard datapoint on 2026-08-06 — SIMO +8.42% to $267.43 while Western Digital fell 16% and SanDisk 11% on beat-but-guide-light prints — then gave most of it back on 08-07 (-4.23% to $256.12, $18.87 off…

Cyclical recovery ai-chips-memory ai-datacenter-infrastructure
catalyst ·

ARM

Arm Holdings plc

LOW

Q1 FY27 (2026-07-29) beat, but Q2 royalty growth was guided to ~13% from the 22% delivered, on memory-driven handset weakness. The 2026-08-04 +17.36% snapback to $280.56 lifted price above six of nine published post-print targets and to…

Cyclical recovery ai-chips-memory
catalyst ·

DELL

Dell Technologies Inc.

LOW

AI-server order book unchanged since the 2026-05-28 print ($51.3B backlog, ~$60B FY27 AI-server guide) while price added 26.4% in four sessions to a $467.27 close on 2026-08-04 — a new high built on cohort beta and Micron-driven sentiment,…

Cyclical recovery ai-datacenter-infrastructure
catalyst ·

MRVL

fresh

Marvell Technology, Inc.

LOW

Custom-silicon ASIC royalty story intact, but the AI-semi theme is mid-correction — chips posted their worst month vs software on record (7/17) with money rotating into energy. Buying a falling sector with no confirmed higher low is the…

Cyclical recovery ai-chips-memory ai-datacenter-infrastructure
catalyst ·

STX

fresh

Seagate Technology Holdings PLC

LOW

Maturing AI-storage supercycle with sell-side still chasing: Wells Fargo upgrade to Overweight $1,100 (7/10) and Citi Street-high $1,240 (7/13). But the DRAM ETF is down ~30% and Seagate's Q4 FY26 print ~2026-07-22 is a binary about two…

Cyclical recovery ai-chips-memory ai-datacenter-infrastructure
catalyst ·

WDC

fresh

Western Digital Corporation

LOW

The 29% bounce off the 2026-07-28 low stalled: WDC closed $527.22 on 2026-08-03, −3.23% on a day its sector rose 0.58%, back under a rising 50-day at $562.65. Consensus (~$3.69B / $3.31–$3.35) still sits above the company's own $3.65B…

Cyclical recovery ai-chips-memory ai-datacenter-infrastructure
catalyst ·

ASML

ASML Holding N.V.

MEDIUM

Three higher lows since the 2026-07-29 China-substitution break, and the domestic SSA800 now benchmarks as a 2008-generation ASML tool — but the 2026-08-04 close of $1,711.89 is still under a 20-day of $1,727.29 and a 50-day of $1,755.37,…

Cyclical recovery semi-foundry-equipment
catalyst ·

AVGO

Broadcom Inc.

MEDIUM

Custom-silicon and AI-networking royalty funded by the VMware software annuity. 2026-08-04's +6.61% to $418.16 reclaimed the 50-day, but the catalyst was Palantir's print and a record S&P close, not Broadcom news. The genuinely new item is…

Cyclical recovery ai-chips-memory
catalyst ·

AXTI

fresh

AXT Inc

MEDIUM

InP scarcity went sector-wide on 2026-08-06 (TrendForce, quoting Lumentum's CEO on a >30% supply gap "worse than memory"), and AXTI ran $68.61 to $88.58 into 2026-08-07 (+17.84% on 19.0M shares), reclaiming the 50-day at $72.41. Lumentum…

Cyclical recovery networking-optical ai-datacenter-infrastructure
catalyst ·

TSEM

fresh

Tower Semiconductor Ltd.

MEDIUM

The 2026-08-04 beat was fully round-tripped by the 2026-08-05 close of $211.14; the repricing that stuck came 2026-08-07, when BofA initiated at Buy/$367 and shares closed $252.49 (+12.37%). A new covering firm plus a panel high moving…

Cyclical recovery semi-foundry-equipment ai-chips-memory
catalyst ·

AAOI

fresh

Applied Optoelectronics, Inc.

LOW

Q2 delivered into the 2026-08-04 FCC policy gap: revenue $191.9M (+86% YoY), first non-GAAP profit at $0.06 vs $0.01 consensus, capacity sold out through mid-2027. But the Q3 EPS guide of $0.11–$0.26 tops out under the $0.28 consensus,…

Cyclical recovery networking-optical ai-datacenter-infrastructure
catalyst ·

AEHR

fresh

Aehr Test Systems

LOW

Order cadence is intact — 2026-06-17, 07-09, 08-04 — but the 2026-08-04 spike to $109.89 has bled to $103.07 (2026-08-07 close) with no company disclosure since. The second distinct hyperscaler AI-ASIC order that the $130–150M FY2027 guide…

Cyclical recovery semi-foundry-equipment networking-optical
catalyst ·

AMSC

American Superconductor Corporation

LOW

Grid/advanced-conductor supplier to data-center and utility power; backlog still ~+40% YoY (~$280M), but the tape broke after the 2026-05-28 beat-and-soft-guide and a late-June Russell removal piled on passive selling. Below the lost ~$40…

Cyclical recovery industrial-power-grid
catalyst ·

LITE

fresh

Lumentum Holdings Inc.

LOW

Two legs now: contractual indium phosphide supply ($87M reserved to 2031-12-31, agreed 2026-07-29) and a draft FCC ban on new Chinese transceiver models (Reuters, 2026-08-04). AAOI's 2026-08-06 print and $255–290M Q3 guide confirmed cohort…

Cyclical recovery networking-optical semi-foundry-equipment
catalyst ·

SNOW

Snowflake Inc.

HIGH

The June digestion resolved upward, not downward — SNOW cleared the ~$244 June high and printed a fresh 52-week high at $284.99 before settling at $268.90 (2026-07-17). Q1 FY27 product revenue re-accelerated to +34% and the street is still…

Cyclical recovery ai-enterprise-software ai-datacenter-infrastructure
catalyst ·

AMD

Advanced Micro Devices, Inc.

MEDIUM

AI-compute narrative re-accelerated on the 2026-07-23 analyst event — named multi-gigawatt Anthropic/OpenAI commitments, Helios rack-scale ramp, TAM lifted to $2T by 2030 — drawing a fresh upgrade cluster (Roth $650, Cantor $700, Futurum…

Cyclical recovery ai-chips-memory
catalyst ·

VRT

Vertiv Holdings Co

MEDIUM

Liquid-cooling/datacenter-power bottleneck story intact but the revision cycle has stalled — RBC cut its target and the two newest sponsors (Baird $370, KeyBanc $360 on 07-23) initiated at the bottom of the range as the theme cooled to…

Cyclical recovery ai-datacenter-infrastructure
catalyst ·

COHR

Coherent Corp.

LOW

Copper-to-optical interconnect narrative intact as a business (bookings into 2028, ~$1.9B NVDA stake) but the positioning trade is in distribution — ~35% off the 2026-06-02 ATH after correlated basket flushes. Week-of-7/21 semi rebound is…

Cyclical recovery networking-optical
catalyst ·

GLW

Corning Incorporated

LOW

Optical/AI-infrastructure demand is intact (Q1 Optical +36% YoY; Amazon/Meta/Nvidia deals) but the tape broke — a 43% drop off the 2026-06-30 ATH of $271.78 to ~$155. The 2026-07-28 Q2 print is the binary; two trading days out, nothing in…

Cyclical recovery networking-optical
catalyst ·

LRCX

Lam Research Corporation

LOW

The WFE/AI-memory capex trade that ran Lam +119% YTD into June has rolled into a group-wide correction — the worst month for chip stocks since 2008, memory momentum broken (Micron/SanDisk). The ~2026-07-29 FQ4 print is now the binary: it…

Cyclical recovery semi-foundry-equipment ai-datacenter-infrastructure
catalyst ·

NVDA

NVIDIA Corporation

LOW

July de-rating unresolved and now compounded by capex scrutiny — Alphabet's first cash-flow-negative quarter since 2004 and Intel's punished $20B capex plan raise the question of whether hyperscaler spend slows. Jensen's open-weight-AI…

Cyclical recovery ai-chips-memory
catalyst ·

ONTO

Onto Innovation Inc.

LOW

June breakout fully round-tripped: ATH $386.46 (6/30) to $279.85 (7/17), now below the 50-DMA at $294.49. The tell is non-participation — TSMC raised capex to $60-64B and ASML guided up twice on 7/15-16, and ONTO closed the week at its…

Cyclical recovery semi-foundry-equipment ai-chips-memory
catalyst ·

TSM

Taiwan Semiconductor Manufacturing Company Ltd.

LOW

Q2 (7/16) beat every line and lifted FY26 growth guide above 40%, but the capex raise to $60–64B and a 2026-07-26 Samsung–Broadcom $200B foundry pact reopened the monopoly question. Theme cooled to maturing; price recovered to ~$415, still…

Cyclical recovery semi-foundry-equipment
catalyst ·

MRX

Marex Group plc

HIGH

Roll-up compounder in clean momentum continuation: the sell-side is now chasing price, with KBW $80, Barclays $76 and Piper $75 targets (Jul 9-15) leapfrogging the old $60 consensus, while the Bright Point clearing bolt-on (2026-07-09)…

Cyclical recovery m-and-a-special-situations critical-materials-rare-earths
catalyst ·

ACMR

ACM Research, Inc.

MEDIUM

China WFE-localization plus a memory-capex rebound re-accelerated ACMR's order book (new orders +65% YoY at the 2026-05-07 Q1 print), carrying it to a $109.87 all-time high on 2026-06-18 behind Roth's $125 target. Six weeks on, the…

Cyclical recovery semi-foundry-equipment ai-datacenter-infrastructure
catalyst ·

ALNT

fresh

Allient Inc.

MEDIUM

Record-orders inflection: Q2 2026 bookings $201.3M (+49% YoY), 1.31x book-to-bill, backlog $298.0M vs $236.6M a year earlier — the first clean order break after two flat revenue years. Narrative is ACCELERATING, but the entire re-rating…

Cyclical recovery cyclical-industrials
analysed ·

AMBA

Ambarella, Inc.

MEDIUM

Physical-AI pure-play narrative still accelerating (Rosenblatt top H2-2026 pick, PT $120; Zacks upgrade to #2 Buy 2026-07-21), but the post-Rosenblatt breakout to ~$80 round-tripped to ~$67.61 by 2026-07-24, forfeiting the $72 shelf on a…

Cyclical recovery physical-ai-robotics ai-chips-memory
analysed ·

AMP

Ameriprise Financial, Inc.

MEDIUM

Wealth-platform operating leverage: Q2 2026 (2026-07-23) adjusted EPS $11.07 +22%, ROE 55%, record $1.81T AUM/AUA, at 11.18x forward. But organic flows decelerated to $3.1B from $4.2B in Q1, price sits ~15% above a flat ~$474…

Cyclical recovery ai-enterprise-software ai-datacenter-infrastructure
analysed ·

APH

fresh

Amphenol Corporation

MEDIUM

Q2 landed bullish on 2026-07-29: sales $8.758B and adj EPS $1.35 both beat, orders $10.7B held book-to-bill at 1.23:1, and Q3 guidance came in above consensus on both lines. Four desks lifted targets to $197–215 on 07-30 and a 2-for-1…

Cyclical recovery ai-datacenter-infrastructure semiconductors-analog
catalyst ·

BHE

Benchmark Electronics

MEDIUM

EMS arms-dealer to two secular ramps at once — AI datacenter liquid-cooling (AC&C +41% YoY, Q1 CY2026) and the 2026-06-15 Ouster Rev8 lidar scale-up (>100k units/yr, 10-yr life). Narrative accelerating, but the tape sits ~18% above the $78…

Cyclical recovery cyclical-industrials ai-datacenter-infrastructure
catalyst ·

BLZE

Backblaze, Inc.

MEDIUM

Neocloud storage pick-and-shovel: the five-year ~$335M CoreWeave B2 Neo deal (2026-06-23) re-rated BLZE from the high-$7s to a 52-week high near $18, and sell-side is still chasing (Citizens to $16, 2026-07-23). Narrative accelerating but…

Cyclical recovery gpu-cloud-neoclouds ai-datacenter-infrastructure
catalyst ·

COHU

fresh

Cohu, Inc.

MEDIUM

Best fundamental print of the AI cycle (2026-07-30: rev $149M vs $144.08M cons.; Q3 guided $163–177M vs $146.33M) collided with a sector de-rate — the stock closed $52.88 on 2026-08-07, 28.5% under its $73.91 high and beneath the June…

Cyclical recovery ai-datacenter-infrastructure semi-foundry-equipment
catalyst ·

CRAI

fresh

CRA International, Inc.

MEDIUM

Beat-and-raise on 2026-08-06 — record $210.8M quarter (+12.8% YoY) and FY26 guide lifted to $805–820M — has not re-rated a stock still 23.6% below its $221.74 52-week high. The leg is a toll on record M&A and litigation volume; the…

Cyclical recovery managed-care-health-services
catalyst ·

CRDO

fresh

Credo Technology Group Holding Ltd

MEDIUM

Interconnect/AEC royalty narrative still accelerating, not fading — new 52-week highs on late-June initiations (Evercore $325, Stifel $350, BofA $340) plus the early-July AI-buildout rally. But it's now mainstream and widely held, entering…

Cyclical recovery networking-optical ai-datacenter-infrastructure
catalyst ·

CTOS

fresh

Custom Truck One Source, Inc.

MEDIUM

Utility T&D / grid-capex cycle with CTOS as the laggard specialty-rental picks-and-shovels name; the June breakout to $11.36 has stalled, retracing ~10% to retest the ~$10 shelf into a binary 2026-07-29 Q2 print. Theme now maturing and…

Cyclical recovery industrial-power-grid ai-datacenter-infrastructure
analysed ·

CYRX

fresh

CryoPort, Inc.

MEDIUM

Q2 (2026-08-06) split the read: revenue $49.0M beat $48.21M and FY26 guide affirmed at $192–196M with adjusted EBITDA crossing to +$0.4M, but commercial CGT growth halved to +9% YoY from +26%. The narrative leg is now the profitability…

Cyclical recovery rare-disease-gene-therapy precision-biotech-therapeutics
catalyst ·

ENTG

fresh

Entegris, Inc.

MEDIUM

June's sentiment re-rate rolled over; the 2026-08-04 beat-and-raise re-based the story on numbers — Q2 sales $883.2M vs $835.5M consensus, Q3 guide $905–935M vs $879.8M — and drew three target raises on 08-05 (UBS $215). At $152.08 the…

Cyclical recovery ai-chips-memory semiconductors-analog
catalyst ·

FET

fresh

Forum Energy Technologies, Inc.

MEDIUM

Small-cap oilfield-equipment operating-leverage re-rating: the 2026-07-30 Q2 beat ($1.16 adj EPS vs $0.56 est) plus an FY26 revenue guide lifted to $870–910M drove a 52-week high inside a week. The leg is accelerating, but the next company…

Cyclical recovery oil-energy-geopolitical semi-foundry-equipment
analysed ·

FORM

fresh

FormFactor, Inc.

MEDIUM

Probe-card pick-and-shovel to the HBM4 test ramp; after a parabolic run to a fresh $160.27 ATH (2026-06-30) on Russell 1000 inclusion, the 2026-07-02 chip selloff cut FORM ~24% to ~$121. HBM inflection intact (record DRAM quarter, second…

Cyclical recovery semi-foundry-equipment ai-chips-memory
catalyst ·

ICLR

fresh

ICON plc

MEDIUM

Restatement discount unwinding on a CRO whose bookings stopped deteriorating: the investigation closed 2026-05-27 with 2023/2024 revenue overstated only 0.8%/1.1%, then two straight beats (Q1 06-23, Q2 07-29) with FY26 affirmed both times.…

Cyclical recovery precision-biotech-therapeutics freight-logistics
analysed ·

IESC

fresh

IES Holdings, Inc.

MEDIUM

Q3 FY26 (2026-07-31) resolved the post-index-inclusion fade in the bulls' favour — revenue $1.243B (+40%), backlog $4.53B (+91% since FY25 close), Communications +51% — and the 2-for-1 split distributing 2026-08-21 is the only dated event…

Cyclical recovery industrial-power-grid ai-datacenter-infrastructure
catalyst ·

KEYS

Keysight Technologies, Inc.

MEDIUM

Analyst-migration re-rate's second leg (Morgan Stanley to Overweight, PT $400, 2026-07-13) has stalled — silent tape near 28x forward, empty calendar until the ~2026-08-19 Q3 FY26 print. The $290–300 breakout-shelf entry hasn't come;…

Cyclical recovery networking-optical ai-datacenter-infrastructure
catalyst ·

MEDP

Medpace Holdings, Inc.

MEDIUM

Biotech-funding-recovery narrative re-accelerating through the CRO channel: Q2 (2026-07-22) new business awards +28.2% YoY to $795.7M, book-to-bill 1.13x, and FY26 revenue AND EPS guides both raised. The buyable leg is a bookings…

Cyclical recovery precision-biotech-therapeutics
analysed ·

MYRG

MYR Group, Inc.

MEDIUM

AI/datacenter power-buildout supercycle lifting grid/electrical contractors; MYRG confirmed it with a record Q1 and a late-June breakout to fresh ATHs (~$487) above the $484.71 shelf. Theme ACCELERATING + cluster-confirmed, but the Q2…

Cyclical recovery industrial-power-grid ai-datacenter-infrastructure
analysed ·

NET

Cloudflare, Inc.

MEDIUM

Agentic-AI trust-layer narrative still ACCELERATING with full sell-side capitulation — nine target raises in ~16 days into a $300–330 cluster — but the tape now sits ~13% above the reclaimed $256.79 ATH at ~36x sales with the ~2026-08-06…

Cyclical recovery ai-enterprise-software
catalyst ·

PENG

Penguin Solutions, Inc.

MEDIUM

Q3 (July 7) broke the model wide open: revenue $478.7M vs $405.5M consensus (+48% YoY), EPS $0.84 vs $0.54, FY26 growth guide lifted 12%→22% and FY27 pre-guided ~30%. The stock then round-tripped from $89.86 to ~$60 on the $750M…

Cyclical recovery ai-datacenter-infrastructure ai-chips-memory
analysed ·

QNST

fresh

QuinStreet, Inc.

MEDIUM

Auto-insurance carrier ad-spend recovery still reaccelerating: revenue snapped from +2% YoY (Dec quarter) to +28% ($346.1M, fiscal Q3), and the Q4 guide implies ≥34% revenue / ≥67% EBITDA growth. But the Aug 6 FY2027 guide is a binary the…

Cyclical recovery ai-enterprise-software
analysed ·

QTWO

fresh

Q2 Holdings Inc

MEDIUM

De-rated digital-banking SaaS re-rating on a margin inflection: 2026-07-29 beat-and-raise took FY26 to $881–886M, adj. EBITDA margin to 28.6% from 23.5%, cleared the converts and added $350M to the buyback. AI products (Q2 Assistant, Q2…

Cyclical recovery ai-enterprise-software ai-datacenter-infrastructure
analysed ·

SPXC

SPX Technologies, Inc.

MEDIUM

Data-center cooling fundamentals still accelerating — HVAC backlog $755.3M, +70% DC growth guide, Neptronic bolt-on 2026-07-23 — but price round-tripped the June breakout back to the ~$210 shelf with a binary Q2 print on 2026-07-30.…

Cyclical recovery industrial-power-grid
analysed ·

VCYT

Veracyte, Inc.

MEDIUM

Sell-side is now chasing a move it missed: VCYT broke to a 52-wk high $60.91 (closed $59.13 on 2026-07-17, +124% YoY) as Piper initiated Overweight $66 (07-15) and Canaccord lifted a Hold PT $42→$60. Fundamentals still accelerating (Q1 rev…

Cyclical recovery medtech-diagnostics oncology-immunology
analysed ·

WHD

fresh

Cactus, Inc.

MEDIUM

International wellhead capex narrative accelerating after the 2026-07-29 Q2 beat (revenue $449.5M vs $399.3M est., adj. EPS $0.93 vs $0.62) plus >$130M of post-quarter international purchase orders. Tension: price closed $67.90 on…

Cyclical recovery oil-energy-geopolitical semi-foundry-equipment
catalyst ·

AAON

AAON, Inc.

LOW

BASX data-center cooling re-rating is intact but the setup for a fresh buyer today is poor: four days from a binary Q2 print (2026-07-30, inside blackout), KeyBanc just initiated at neutral (Sector Weight, 2026-07-23), ~55x forward with…

Cyclical recovery industrial-power-grid ai-datacenter-infrastructure
analysed ·

AEIS

Advanced Energy Industries, Inc.

LOW

Datacenter-power picks-and-shovels re-rating is now fully mainstream — Morgan Stanley initiated Overweight $421 (07-22) atop Wells $465 and Susquehanna $535 — yet the stock fell 12.65% on 07-02 and is sitting on its 200-day while analyst…

Cyclical recovery industrial-power-grid
catalyst ·

AGX

Argan, Inc

LOW

AI-data-center gas-EPC theme still ACCELERATING (4.1+ GW gas backlog, $973.6M cash, zero debt), but AGX has round-tripped from the $805.75 ATH to $563, losing both the ~$675 breakout and ~$600 shelves. Mean reversion toward the pre-run…

Cyclical recovery ai-datacenter-infrastructure industrial-power-grid
catalyst ·

AIP

Arteris, Inc.

LOW

Semiconductor-IP royalty re-accel (Q1 variable royalties +67% YoY, FY26 guide raised to $91-95M) is fundamentally intact, but a $48.59 blowoff top (6/30) reversed ~29% and closed back below the ~$39 breakout shelf. Momentum leg is broken;…

Cyclical recovery ai-chips-memory
catalyst ·

ALAB

Astera Labs, Inc.

LOW

AI rack-connectivity leader caught in a cohort-wide de-rate: down ~42% from the late-June $499 ATH as semis log their worst month versus software and the "is the AI trade cracking" question takes over. The $300 June recovery base is gone,…

Cyclical recovery ai-datacenter-infrastructure ai-chips-memory
catalyst ·

ALGM

Allegro MicroSystems, Inc.

LOW

The June AI data-center power-attach re-rate has flipped from being marked up to marked down: TD Cowen cut its target to $66 (2026-07-13) and Barclays downgraded to Equal-Weight at $48 (2026-07-20), the first target below the June range —…

Cyclical recovery semiconductors-analog ai-datacenter-infrastructure
analysed ·

AMAT

Applied Materials, Inc.

LOW

WFE toll-collector on the AI-silicon buildout. June's +54% parabola — the most overbought reading in its history — corrected in July's semiconductor selloff that validated Burry's short. Now a pullback-to-base test: the June breakout base…

Cyclical recovery semi-foundry-equipment ai-datacenter-infrastructure
catalyst ·

AMKR

Amkor Technology, Inc.

LOW

A second anchor — the $1.5B Nvidia advanced-packaging/test partnership (2026-07-23) stacked on the 2026-06-16 TSMC 10-yr Arizona deal — is re-rating Amkor from single-customer Apple OSAT toward US AI back-end anchor. But every catalyst…

Cyclical recovery semi-foundry-equipment ai-chips-memory
analysed ·

AOSL

Alpha and Omega Semiconductor Limited

LOW

Post-parabola digestion. The Apr–May "second-order AI power-semi" re-rate (~3x to $54.34) is fully priced, above the $30.50 consensus PT with no fresh company catalyst in 11+ weeks; the 2026-07-15 pop was a newsletter-driven volume spike,…

Cyclical recovery ai-datacenter-infrastructure ai-chips-memory
catalyst ·

ASX

ASE Technology Holding Co., Ltd.

LOW

Advanced-packaging pricing power is real — quotes raised 20%+ (2026-07-01), 2026 capex hiked to US$8.5B, CoWoS-equivalent capacity tripling to 25k wpm — but the tape topped at $45.51 the same day and sits ~15% lower inside a 13% semi…

Cyclical recovery semi-foundry-equipment ai-datacenter-infrastructure
analysed ·

ATEYY

Advantest Corporation

LOW

AI test-intensity picks-and-shovels leader, but the narrative is MATURING: back-to-back upstream capex raises (TSMC $60–64B, ASML €43–45B) failed to lift the tape, and the ADR sits ~20% off its 2026-06-25 record, shedding another 6% on…

Cyclical recovery semi-foundry-equipment ai-chips-memory
analysed ·

AZZ

fresh

AZZ Inc.

LOW

Beat-and-raise fired 2026-07-08 — Q1 adj EPS $1.85 vs $1.69, FY27 guide lifted twice on Metal Coatings momentum — but the catalyst is now behind the stock, which sits at all-time highs (~$157), ~23x forward and above consensus, with Wells…

Cyclical recovery industrial-power-grid ai-datacenter-infrastructure
catalyst ·

BXC

fresh

BlueLinx Holdings Inc.

LOW

Housing-distribution margin inflection in a 7.86M-share float: the 2026-07-13 Trex distribution award plus a 2026-08-04 Q2 beat (adj EPS $1.15 vs $0.40 est) carried BXC to a 52wk high at the 2026-08-07 close of $89.88 — above both targets…

Cyclical recovery housing-homebuilders-proptech
catalyst ·

CDNL

Cardinal Infrastructure Group Inc.

LOW

Post-blowoff digestion is deepening: the ~4x data-center site-work roll-up has bled from a $96 high back to its $63 average analyst target, now below the $73 secondary price and the 50-DMA. Q1 organic +64% and an $854M backlog keep…

Cyclical recovery ai-datacenter-infrastructure housing-homebuilders-proptech
catalyst ·

CEVA

CEVA, Inc.

LOW

Edge-AI IP momentum leg has broken: June's reclaim to within ~3% of the $51.60 high failed, and the mid-July AI-capex scare (Moonshot model) drove shares back through the ~$44 base to the mid-$30s. Sell-side still carries $48–$55 targets,…

Cyclical recovery ai-chips-memory physical-ai-robotics
catalyst ·

CIEN

Ciena Corporation

LOW

The 1.6T WaveLogic demand cycle is intact at the order book, but the trade has broken: $627.00 (06-02) to ~$370 (07-18) is a ~41% de-rating, and the $455–$467 shelf that framed the prior read is gone. Multiple compression from 54x forward,…

Cyclical recovery networking-optical
catalyst ·

CLPT

ClearPoint Neuro, Inc.

LOW

Picks-and-shovels delivery play on CNS gene therapy: ClearPoint's SmartFlow cannula and MRI navigation are the standard route to the brain for uniQure's AMT-130 Huntington's BLA (soft Q3-2026 window). The June re-rate held near $18.72…

Cyclical recovery medtech-diagnostics rare-disease-gene-therapy
catalyst ·

CLS

Celestica, Inc.

LOW

AI-datacenter EMS picks-and-shovels story still fundamentally climbing after the 2026-04-27 Q1 crush (rev +53% to $4.05B, FY26 guide raised to $19B), but the tape broke ~21% off its $474 June high and heads into a binary 2026-07-27 Q2…

Cyclical recovery ai-datacenter-infrastructure megacap-ai-platforms
analysed ·

CRS

Carpenter Technology Corp

LOW

Aero-defense superalloy pricing cycle intact (three contracts at >30% hikes; Q4 op-income guide $205-210M, +37% YoY), but the July flush to $532 has been bought back to ~$603 straight into the 2026-07-30 Q4 print — now four sessions out…

Cyclical recovery critical-materials-rare-earths
analysed ·

FN

Fabrinet

LOW

Optical cluster re-accelerated in July (AAOI +390% YTD, LITE +138%, COHR +107%) while Fabrinet sits ~$478, +0.7% YTD and ~36% under its $748.89 high. Revenue compounds at +30% but the tape has decoupled from its own theme — a…

Cyclical recovery networking-optical
catalyst ·

GENI

Genius Sports Limited

LOW

Sports-data toll-booth under the prediction-market boom, but the boom arrived and the toll didn't: Kalshi/Polymarket cleared $50B+ of World Cup volume (Coindesk, 2026-07-14) while GENI slid $6.43 → $6.30 and printed $5.98 intraday July 17.…

Cyclical recovery prediction-markets-betting
analysed ·

GSM

fresh

Ferroglobe PLC

LOW

US trade-remedy leg: the 2026-08-03 USITC affirmative vote forces AD/CVD orders on Australian and Norwegian silicon metal, on top of Angola/Laos orders live since 2026-03-17. Q2 (2026-08-04) delivered the sequential recovery — $13.1M adj…

Cyclical recovery critical-materials-rare-earths ai-chips-memory
analysed ·

ICHR

fresh

Ichor Holdings

LOW

Memory-capex WFE subsystem re-rating broke on the 2026-08-03 Q2 print: revenue $294.8M missed $300.2M consensus, the $78 June shelf failed, and the 2026-08-07 close was $68.32 against a $112.28 high. Q3 guidance still beats ($315–345M vs…

Cyclical recovery semi-foundry-equipment ai-chips-memory
catalyst ·

INDI

fresh

indie Semiconductor, Inc.

LOW

Automotive ADAS-silicon design-win story keeps improving on paper ($7.4B backlog, $25M radar order, ams OSRAM sensor buy) while the tape stays broken below the ~$4.00 50-day MA; TD Cowen's 2026-07-13 lift to a $4.50 Hold is a thaw, not a…

Cyclical recovery ai-chips-memory semiconductors-analog
analysed ·

INOD

Innodata Inc.

LOW

AI training-data pure-play with a still-accelerating fundamental story (Q1 rev +54%, 40%+ FY26 guide reaffirmed 06-17) but a fully broken chart: ~-51% from the June $125.14 ATH to ~$61, with the CEO filing a fresh 200k-share sale on 07-16…

Cyclical recovery ai-datacenter-infrastructure
catalyst ·

KC

fresh

Kingsoft Cloud Holdings Limited

LOW

China AI-compute capacity story is intact on fundamentals — AI gross billing +90% YoY and past half of public-cloud revenue in Q1 (reported 2026-05-27) — but the price leg broke: -32.3% from the $18.21 high with RSI(14) back at 70.0. The…

Cyclical recovery ai-datacenter-infrastructure semi-foundry-equipment
catalyst ·

KLAC

KLA Corporation

LOW

Process-control monopoly (~58% share, ~7.5x nearest rival) with an accelerating custom-silicon narrative, sold down in the worst semi month since 2008. Six analyst PT raises in eleven days — but the July cluster ($255–274) sits well below…

Cyclical recovery semiconductors-analog semi-foundry-equipment
analysed ·

LGN

Legence Corp.

LOW

AI-datacenter MEP/HVAC pick-and-shovel story still improving on fundamentals (record $5.38B backlog, FY guide raised to $4.1–4.3B), but the tape has decoupled: ~33% off the $102 May close high, LGN sliced the $76 breakout shelf and rolled…

Cyclical recovery ai-datacenter-infrastructure industrial-power-grid
catalyst ·

MDB

MongoDB, Inc.

LOW

Atlas re-acceleration (+29.4% YoY, record $117M seq add; Q1 FY27, 2026-05-28) is intact, but the +18.5% post-print breakout fully round-tripped from $444.72 to a $294.10 close as the AI-software theme sold on margin-timing fear. Sell-side…

Cyclical recovery ai-enterprise-software ai-datacenter-infrastructure
analysed ·

MKSI

fresh

MKS Inc.

LOW

Operating leg accelerating into a de-rating tape: Q2 (2026-08-05) beat at $1.248B revenue / $3.30 adj EPS, Q3 guide $1.310–1.390B tops the $1.243B Street, leverage down to 3.0x — and the stock still fell 4.49% on the print and sits 31.4%…

Cyclical recovery semi-foundry-equipment ai-datacenter-infrastructure
analysed ·

MOD

Modine Manufacturing Co

LOW

Contracted AI-datacenter cooling story (>$4B Airedale agreement through 2029, $165M prepayment) is fundamentally intact, but a failed $323.25 breakout has unwound ~29%, lost the $260 base, and the theme has cooled to maturing. The…

Cyclical recovery ai-datacenter-infrastructure
analysed ·

MPWR

Monolithic Power Systems, Inc.

LOW

AI data-center power narrative still accelerating fundamentally (Enterprise Data ~2x YoY to $262.8M Q1; Q2 guide $890–910M, +35% YoY), but the tape bounced ~12% off the ~$1,200 shelf to ~$1,468 and now stalls at the 50-day into a binary…

Cyclical recovery ai-datacenter-infrastructure ai-chips-memory
catalyst ·

MTSI

MACOM Technology Solutions Holdings, Inc.

LOW

AI optical-interconnect arms-dealer with fundamentals still accelerating (FY26 DC growth guide >60%, Q3 guide $331-339M) but a July-broken chart: ~36% off the $418.90 high to ~$267 on the semi selloff, Russell Value index removal, and…

Cyclical recovery networking-optical ai-datacenter-infrastructure
analysed ·

PAY

fresh

Paymentus Holdings, Inc.

LOW

Beaten-down bill-pay compounder: Q1 2026 revenue +30.2% YoY yet shares carved a $20.11 June 52-week low on margin-mix fear. Now ~40% off that low into a binary ~Aug-4 Q2 print — the read is a recovering base, not a chase.

Cyclical recovery ai-datacenter-infrastructure fintech-consumer-credit
analysed ·

PDFS

PDF Solutions, Inc.

LOW

Yield-analytics software re-rated on a real margin step — operating margin ~18%→25%, Platform revenue +36% YoY (Q1 reported 2026-05-07) — but the ~+280% run peaked at $69.05 on 2026-07-02 and flushed 11.5% intraday; the name is now…

Cyclical recovery ai-chips-memory semi-foundry-equipment
catalyst ·

POWL

Powell Industries, Inc.

LOW

Record order book keeps accelerating (Q2 orders +97% YoY to $490M, 1.7x book-to-bill, $1.8B backlog, plus a >$400M post-quarter data-center order; Q3 EPS revised UP to ~$1.47) while the tape has broken ~29% off the May high into a MATURING…

Cyclical recovery industrial-power-grid
catalyst ·

RMBS

Rambus Inc.

LOW

Memory theme is ripping — Micron +68% YTD with HBM sold out through 2027 — but Rambus has decoupled, down ~42% from its 2026-06-03 high of $174.10 to $101.44 while the cycle proxy sits near records. Interface content is a DIMM-unit story,…

Cyclical recovery ai-chips-memory
analysed ·

SITM

SiTime Corporation

LOW

MEMS-timing picks-and-shovels story is fundamentally intact — Q1 datacenter revenue +158% YoY to 67% of sales, Renesas timing deal closed July 1 — but the momentum leg has broken: ~$550 on July 18 is ~39% off the May 11 all-time-high close…

Cyclical recovery ai-datacenter-infrastructure ai-chips-memory
catalyst ·

SMTC

Semtech Corporation

LOW

AI-interconnect fundamentals still accelerating (Q1 FY27 data center +85% YoY, Needham reiterated Buy/$200 on 2026-07-13), but the price leg has broken: -22.7% in a month to ~$125, through the 20- and 50-day, ~30% off the $177.35 high.…

Cyclical recovery semiconductors-analog ai-datacenter-infrastructure
analysed ·

SNDK

Sandisk Corporation

LOW

Post-40% July drawdown, SanDisk is bouncing off capitulation (DRAM ETF +11% best day in a month 7/21; BlackRock and Morgan Stanley call the rout overdone) — but into broken structure and a binary 2026-08-05 Q4 print, with the theme…

Cyclical recovery ai-chips-memory
catalyst ·

STRL

Sterling Infrastructure, Inc.

LOW

Picks-and-shovels contractor for the AI data-center buildout; fundamentals still fire (Q1 rev +92% to $825.7M, FY26 EPS guide $16.50–17.15, $6.5B backlog) but the June-4 blowoff has de-rated ~36% to ~$635 in a sector-wide E&C selloff. The…

Cyclical recovery industrial-power-grid ai-datacenter-infrastructure
catalyst ·

TER

Teradyne, Inc.

LOW

Parabolic AI-test leg broke hard: $483.84 closing ATH (2026-06-30) to $322.36 (2026-07-17), −33% in twelve sessions on a memory-glut scare, with the whole $446–$550 analyst band now stranded above spot. Company guided Q2 revenue DOWN…

Cyclical recovery semi-foundry-equipment ai-chips-memory
analysed ·

TTMI

TTM Technologies, Inc.

LOW

TTM's 2026 momentum leg is dead: the AI/defense PCB story that ran to a $206.66 close (2026-06-15) unwound ~36% to ~$131 on no company news, and the stock now sits on ~$130 gap-fill support heading into a binary 2026-08-05 Q2 print. The…

Cyclical recovery ai-datacenter-infrastructure defense-aerospace
catalyst ·

UCTT

Ultra Clean Holdings, Inc.

LOW

WFE upcycle intact fundamentally but the tape broke: -35% from the $142.59 all-time close (2026-06-30) back under the ~$95 breakout shelf on sector-wide selling with no company news. Failed breakout, no support to $80.55, binary Q2 print…

Cyclical recovery semi-foundry-equipment managed-care-health-services
catalyst ·

UROY

fresh

Uranium Royalty Corp.

LOW

A pure-play uranium royalty became a diversified US land-and-royalty vehicle on 2026-07-27 when the Sweetwater arrangement closed, relisting on NASDAQ 2026-07-28 with 4.5M fee mineral acres and a soda ash royalty. The re-rating is…

Cyclical recovery nuclear-uranium
analysed ·

VIAV

fresh

Viavi Solutions Inc.

LOW

Networking-optical test theme still accelerating and the laggard test-and-measurement sleeve is finally re-rating: Susquehanna lifted its target to $66 (2026-07-01) and the small-cap-over-hyperscaler rotation flagged 2026-06-29 favors…

Cyclical recovery networking-optical ai-datacenter-infrastructure
catalyst ·

VICR

Vicor Corporation

LOW

Operating numbers still inflecting (Q2 guide ~$142M, book-to-bill >2.0, backlog $300.6M) but the chart has broken: $237.62 on 2026-07-17 is ~38% off the $382.65 July high, with $271 and $300 both lost and relentless CEO 10b5-1 supply. The…

Cyclical recovery industrial-power-grid
analysed ·

WLFC

Willis Lease Finance Corporation

LOW

Engine-leasing supercycle still printing records (Q1 rev +23%, EPS $4.03 vs $3.02 est), but the theme is maturing and the stock has faded ~18% off its 2026-07-06 ATH into the now-completed 3-for-1 split. The event stack has collapsed to…

Cyclical recovery ai-chips-memory small-cap-value-rotation
catalyst ·