Top Picks

The best businesses at the deepest discounts

Quality names ranked by a points system we publish below: discount to Market Value, drawdown, live signals, and business quality.

As of the Fri Oct 30 close

APP

1. APPAppLovin

$228.50−10.4%

vs Market Value: −24.3%
Off 52-wk high: −69%

24% under its Market Value (the average since its Aug 5 filing), 69% off its 52-week high. Capitulation setup armed: alerts above $242.56, stop $225.19. Quality: ROIC 63% · FCF margin 66% · sales +53%.

CRDO

2. CRDOCredo Technology Group

$150.99−8.7%

vs Market Value: −16.0%
Off 52-wk high: −51%

16% under its Market Value (the average since its Sep 1 filing), 51% off its 52-week high. Quality: ROIC 15% · FCF margin 28% · sales +115%.

ALAB

3. ALABAstera Labs

$258.70−10.9%

vs Market Value: −16.9%
Off 52-wk high: −48%

17% under its Market Value (the average since its Aug 4 filing), 48% off its 52-week high. Quality: ROIC 12% · FCF margin 23% · sales +104%.

CRCL

4. CRCLCircle Internet Group

$72.54−9.3%

vs Market Value: −15.9%
Off 52-wk high: −48%

16% under its Market Value (the average since its Sep 8 filing), 48% off its 52-week high. Quality: ROE 14% · sales +7%.

ANET

5. ANETArista Networks

$168.86−8.3%

vs Market Value: −13.3%
Off 52-wk high: −22%

13% under its Market Value (the average since its Aug 4 filing), 22% off its 52-week high. Logged to the Ledger as QD-0002 on the Oct 30 close. Quality: ROIC 24% · FCF margin 49% · sales +38%.

TPL

6. TPLTexas Pacific Land

$331.68+1.1%

vs Market Value: −6.4%
Off 52-wk high: −39%

6% under its Market Value (the average since its Aug 5 filing), 39% off its 52-week high. Reversal candle at value fired on the Oct 30 close, stop $325.64. Quality: ROIC 32% · FCF margin 8% · sales +31%.

AVGO

7. AVGOBroadcom

$326.08−5.5%

vs Market Value: −7.0%
Off 52-wk high: −34%

7% under its Market Value (the average since its Sep 2 filing), 34% off its 52-week high. Logged to the Ledger as QD-0001 on the Oct 30 close. Quality: ROIC 22% · FCF margin 44% · sales +86%.

BKNG

8. BKNGBooking

$148.13−1.5%

vs Market Value: −15.4%
Off 52-wk high: −33%

15% under its Market Value (the average since its Aug 4 filing), 33% off its 52-week high. Quality: ROIC 82% · FCF margin 34% · sales +8%.

DELL

9. DELLDell Technologies

$424.30−10.8%

vs Market Value: −19.1%
Off 52-wk high: −29%

19% under its Market Value (the average since its Sep 15 filing), 29% off its 52-week high. Quality: ROIC 35% · FCF margin 6% · sales +58%.

CIEN

10. CIENCiena

$320.72−8.2%

vs Market Value: −11.3%
Off 52-wk high: −50%

11% under its Market Value (the average since its Sep 3 filing), 50% off its 52-week high. Quality: ROIC 11% · FCF margin 14% · sales +37%.

ARM

11. ARMArm Holdings

$205.97−10.0%

vs Market Value: forming
Off 52-wk high: −54%

54% off its 52-week high. Capitulation setup armed: alerts above $209.00, stop $198.77. Quality: ROIC 8% · FCF margin 28% · sales +22%.

MRVL

12. MRVLMarvell Technology

$196.40−10.0%

vs Market Value: −10.7%
Off 52-wk high: −40%

11% under its Market Value (the average since its Oct 23 filing), 40% off its 52-week high. Capitulation setup armed: alerts above $207.61, stop $190.15. Quality: ROIC 5% · FCF margin 18% · sales +36%.

How picks are ranked: points for how far the price sits under Market Value (once it has five trading days to form) plus half the drop from the 52-week high; +12 if a reversal signal fired in the last five sessions; +6 if a capitulation setup is armed within 3% of its trigger; +3 for return on capital of 20%+ (or return on equity of 25%+); +2 for a free-cash-flow margin of 20%+. A name needs to be at least 5% under Market Value, or have a live signal or setup, to qualify. Information only, not investment advice.