Earnings season is underway, and investors are getting another reality check.

For months, markets have been driven by ambitious growth projections, enthusiasm around AI, and the assumption that enormous capital investments will eventually translate into equally enormous profits.

But expectations alone don’t create shareholder value.

And when results fall short of expectations, even seemingly “good” earnings can expose significant downside risk.

The stakes this quarter are enormous. In our special training, $30 Trillion Time Bomb: Find the Winners Before the AI Trade Unwinds, we reveal the math showing trillions at risk and how you can position for profit as capital shifts away from overvalued stocks. Watch the free replay here.

While some companies face unrealistic expectations, others are being overlooked despite strong fundamentals, attractive profitability, and valuations that imply overly pessimistic futures.

Read our latest research below to see where we’re finding potential earnings misses, uncovering undervalued stocks, and identifying opportunities across the market.

Long Idea:

A disconnect between strong fundamentals and overly pessimistic expectations for future profits creates a Very Attractive opportunity.

Stocks Likely to Miss:

When Street Earnings are too high, it increases the likelihood of an earnings miss. See the five stocks most likely to miss Street Earnings here.

Live Podcast: The Most Ridiculous IPO of 2026:

We broke down the leaked financials, the risks Wall Street doesn’t want investors focused on, and most importantly, the math behind Anthropic’s $2 trillion valuation. Watch the free replay of our live monthly podcast here.

Earnings Watch Party Replay:

In our first Earnings Watch Party of this quarter, we dug into where expectations are too high and where investors can find opportunity in 10 major companies across banking, semiconductors, and healthcare. Stocks discussed include JPM, BAC, GS, MS, WFC, C, TSM, ASML, JNJ, UNH, and more.

Sector Rankings for 4Q26:

We published our Sector Rankings report for 4Q26. See where each sector stacks up this quarter here.

Upcoming Ideas Dinner:

Pro and Institutional members can register for our next private Ideas Dinner meeting, which will be Tuesday, October 20 at 3pm CT.

Model Portfolio Updates:

We updated our Exec Comp Aligned with ROIC Model Portfolio.

Focus List Outperformance in 2026:

Our Focus List Stocks: Long/Short Model Portfolio outperformed by 6% through 3Q26.

Danger Zone Podcast:

CEO David Trainer joined Chuck Jaffe to discuss the stocks most likely to miss earnings and why they’re in the Danger Zone this week.

We hope you had a great week!

See a preview of upcoming research below.

Upcoming Research