These twelve stocks could dominate the next era by meeting infrastructure and consumer demand. TSMC makes AI chips; Palo Alto Networks secures cloud; GE Aerospace earns engine-service revenue; IREN builds AI cloud; Broadcom supplies chips and networking; Intuitive Surgical sells surgical robots. Strategy offers bitcoin exposure; e.l.f. Beauty serves Gen Z; Robinhood expands finance; The Trade Desk serves advertisers; Walmart adds ads and memberships; Vistra powers AI data centers. x.com  x.com  … Show more

Moody's, S&P Global and Deutsche Börse are moated toll booths that compound intrinsic value for decades, and their subsector just took market leadership. Chris Hohn, who owns all three, says Deutsche Börse's Eurex became winner-takes-all because liquidity attracts the best prices, and that ratings are essential since debt must eventually be refinanced and rated. These asset-light, scalable businesses turn revenue into profit with high operating leverage, and the subsector led arvy's screen. … Show more

Intercontinental Exchange is an overlooked, high-quality name in the financial infrastructure selloff. It runs 12 regulated exchanges and marketplaces, most notably the NYSE, and is still led by founder Jeffrey Sprecher, who built it from the struggling Continental Power Exchange bought for $1,000 in 1997. Nasdaq's passive QQQ flows have weighed on the NYSE, but the NYSE is not going anywhere and its popularity picks up during tech routs. x.com 

These 12 stocks combine real moats, growth and scale. Alphabet's AI moat keeps widening; TSMC makes the chips AI needs; Nvidia's CUDA lock-in makes its dominance structural; Astera Labs quietly links AI servers. Constellation cashes in on tech power deals, Meta pairs scale with AI conviction, and AppLovin has elite AI-driven ad margins. Uber has autonomy optionality; Robinhood and SoFi are becoming financial super apps; Coinbase plays stablecoins and custody; Oscar has underwriting discipline. … Show more

MSCI's stock is pressing its roughly $650 2021 high after years of higher lows, a long base that sets up a durable uptrend. Each pullback since 2022 has stopped higher, signaling sellers are running out. A decisive breakout on strong volume would confirm the business story. MSCI collects a fee as passive funds grew from 1% of US equity fund assets in 1993 to over 50% in 2024, index retention has stayed above 93% for 16 quarters, and it has grown from a $1 billion index firm into four businesses. … Show more

Cboe and MIAX stand to benefit long term as wealth passes from risk-averse generations to more risk-seeking ones. Baby boomers hold at least $93 trillion in assets, per Visa, more than Gen X and millennials combined. Barriers to entry remain substantial, since only a few exchange groups run the US listed-options market and few genuinely new operators have entered in 15 years. x.com  x.com 

Financial tollbooth businesses are a great place to invest because they are embedded in the system, take a cut whenever money moves or decisions are made, and need little capital. S&P Global and Moody's, tied to credit markets, are hard to replace; FICO is strong but more exposed to pricing backlash; CME gains when volatility lifts volumes; LSEG fits too. MSCI is the favorite, with fees spread across trillions tied to benchmarks for durable pricing power, and insider buying near current prices. … Show more

Robinhood's next 10x, from about $100B to $1 trillion, could be its easiest because every adjacent market it enters is bigger than brokerage. CEO Vlad Tenev said he sees multiple axes on which the company could 10x and will pursue them all, and CFO Shiv Verma said it can 10x the business over 10 years. It holds nearly $400B of customer assets against competitors' tens of trillions, with retirement, banking, crypto, international and B2B each a larger TAM. Global expansion could unlock much more. … Show more

SpaceX looks set to rise before its July 7 Nasdaq-100 inclusion, as passive index buying, a low float and options-driven gamma squeezes power the stock. CRSP, FTSE Russell and MSCI inclusions also force buying regardless of valuation; above $225 it could reach $300, about $4 trillion. After that, the stance turns bearish: as lockups expire and the float grows from about 5%, early investors' selling should overwhelm buying for a loss-making company, so long-term buyers could wait a year. x.com  … Show more

Space stocks such as Redwire and AST SpaceMobile have run too far on retail chasing and look like shorts into the SpaceX IPO. Government contracts are already priced in, and the stocks price years ahead while ignoring execution risk. The SpaceX IPO should absorb more liquidity as institutions sell the news, leaving retail holding the bag. AST SpaceMobile is the second-biggest space short after EchoStar; sell space stocks before IPO day, though the broader market can stay steady through July. … Show more