Baidu (BIDU) is rated 'Buy' with a $160 price target, driven by AI infrastructure growth rather than consumer AI hype. BIDU's non-advertising segments—AI Cloud, proprietary chips, and AI-based marketing—are now economically significant and growing rapidly, offsetting advertising declines. Short-term margins are pressured by intentional investment in cloud and AI, but Baidu's robust liquidity (RMB 296.4B) supports its transition.

PAA is undergoing a fundamental transformation, becoming a pure-play crude oil player. Given the pressures in the crude oil market and the market's appreciation of nat gas exposures (as an AI enabler), PAA has naturally landed in the backseat. For long-term investors, who want to combine high-yield with high-quality factor, this is an excellent setup for going on offense.

Churchill Downs' moat is moderate overall, but the Derby assets alone represent a wide, culturally entrenched monopoly with exceptional pricing power. Capital allocation favors buybacks over dividends, with share count reduced by 30% in a decade and ongoing investment in luxury Derby suites. Despite disruption risks from digital betting apps, the Derby's brand strength and resilient cash flows provide a margin of safety and optionality.

OAKLAND, Calif.--(BUSINESS WIRE)--e.l.f. Cosmetics, a brand from e.l.f. Beauty (NYSE: ELF), the bold disruptor with a kind heart, today announced the extension of its partnership with The Wonder Women of Wrestling Foundation (WWOWF) for a second consecutive year. e.l.f. returns as the first-ever beauty sponsor of the WWOWF Varsity Girls Wrestling Tournament on December 29-30, 2025, in Columbia, Missouri. This continued partnership reinforces e.l.f.'s commitment to leveling the playing field for.

SPDR EURO STOXX 50 ETF offers exposure to large-cap European equities, tracking the EURO STOXX 50 Index. Defense sectors and Financials are showing strong momentum, and FEZ has a heavy allocation to these areas. The Eurozone remains a relative value; the dividend yield is more than the S&P 500.

I am initiating coverage of Real Estate Select Sector SPDR Fund ETF with a Sell rating due to ongoing sector headwinds. XLRE underperforms equities and bonds, with concentrated exposure and limited diversification compared to VNQ and IYR. Rising rates, inflation risk, and potential economic weakness present significant downside for XLRE, with a projected 15.7% price decline possible.

B&G Foods faces structural headwinds, and its balance sheet also raises concern. BGS' high dividend yield is not readily covered out of earnings. The company's tangible book value is deeply negative, and ongoing asset sales threaten long-term competitiveness.

State Street SPDR S&P Oil & Gas Equipment & Services ETF is rated HOLD due to elevated valuations and sector headwinds. XES benefits from industry consolidation, AI-driven efficiency gains, and strong technical positioning above key moving averages. Despite recent momentum, XES lags peers on 5- and 10-year performance and faces slow growth, oil price volatility, and supply surplus risks.

Gold and silver surged on strong technical breakouts, with gold reaching a record high of $4,390, as weak U.S. data and uncertainty over Fed policy fueled safe-haven demand.

This FX Super One roll off represents the FF Global Auto Industry Bridge Strategy has reached its initial Bridge Closure in the U.S. In the Middle East, deliveries began in late November, and on December 22, FX will deliver a FX Super One to RAK Innovation city. The Company's Global Automotive Industry Bridge Strategy is upgrading to the Global Embodied AI (EAI) Industry Bridge Strategy.

On Dec. 15, water solutions company Pentair announced its 50th consecutive annual dividend increase, increasing its quarterly cash dividend by 8%. With this, Pentair is the latest company to join the legion of "Dividend Kings," or companies with at least a half-century track record of dividend growth.

Phillips 66 closed on the WRB acquisition, solidifying a cost improvement in its refining business. The company's midstream business is now approaching scale to fully support all basic business needs. This segment now supports sustaining capital and dividend spending. The upside provided by refining and the petrochemical divisions provides ample cash to fund growth, buy back shares, and pay down debt.

VTIP invests in short-term inflation-protected treasuries, or TIPs. At current inflation rates, VTIP should deliver 3.8% in returns for shareholders, slightly more than comparable treasuries and t-bills. VTIP is a buy, and seems like a particularly interesting investment to more risk-averse, conservative investors.

This week's Undercovered Dozen highlights 12 lesser-followed stocks and funds, each with distinct catalysts or value opportunities. This week's edition covers articles published between Dec. 12 and Dec. 18, offering fresh investment ideas. The series aims to inspire discussion and help investors discover overlooked opportunities in the market.

Galiano Gold is a single-asset, gold-price-sensitive because of all-in sustaining costs (AISC). Q3 2025 showed improved production and revenue, but profitability lagged due to high AISC ($2,283/oz) and hedging/tax effects, resulting in a net loss. Abore's promising drilling results suggest potential for a future underground operation, which could structurally lower costs and extend mine life.

Fennec Pharmaceuticals is a commercial-stage oncology supportive-care company centered on Pedmark/Pedmarqsi. This drug helps reduce cisplatin-induced ototoxicity in pediatric patients who are battling cancer. Pedmark is FDA-approved for pediatric patients ≥1 month, and it has shown good efficacy so far with patients.

A strong retirement portfolio should include broadly diversified, low-cost ETFs at its core. It should also draw from multiple disciplines, including dividend payers and growth stocks.

AI memory demand, combined with pricing growth, is driving Micron's latest surge in growth. Record results and a big guidance boost impressed investors last week.

Exxon Mobil stock price is dominated by cyclical commodity price movements. XOM's share price reflects a broader industry downturn since oil prices peaked in 2022. Industry shrinkage is likely setting up conditions for a future commodity price upswing.

Buffett first bought shares of this market giant in 2016. The billionaire recently thanked the company's CEO for its performance over the past several years.