Retailers reported earnings, the U.S.-Iran war sent oil prices soaring, the jobs report came in below expectations, and markets seesawed up and down all week.

When prices swing on quickly-shifting narratives, the only solid ground is fundamentals. To get an edge, you must go beyond headlines, past adjusted earnings, and deep into the footnotes to get true Core Earnings.

That’s exactly what we do every day, especially now during Footnotes Season. Our Robo-Analyst AI parsed thousands of 10-Ks in the last few weeks to reverse accounting distortions, calculate Core Earnings, and measure the expectations embedded in stock prices.

Because great investing isn’t about reacting to headlines, it’s about understanding Core Earnings and what the stock’s valuation implies about future Core Earnings.

This week’s research shows exactly how we do that.

New Long Idea:

Cost advantages drive industry-leading returns on invested capital (ROIC). Despite these advantages, this company’s stock price implies a permanent decline in profits.

New Danger Zone:

The Mag 7 is now the Mag 5 as the AI winners force their less-profitable competitors to spend themselves into the ground. Given our findings in our recent AI Winners and Losers reports, the Mag 5 might be the Mag 3 in the not-too-distant future.

Footnotes Season Finds:

See why we had to downgrade this stock after parsing its 10-K in this week’s Footnotes Season Finds report.

Earnings Watch Parties:

Are these businesses generating stronger Core Earnings or just managing the narrative so they avoid the AI-apocalypse? See for yourself in our latest Earnings Watch Party where we covered ROST, AZO, TGT, BBY, COST, KR, SATS, MDB, CRWD, and, AVGO.

#1 Stock Picking – Again!

Our proven-superior research earned us #1 rankings ­– again – on SumZero for March 2026.

Featured Stock:

We featured a stock from our Dividend Growth Stocks Model Portfolio. See how consistent cash flows provide dividend growth opportunities in this market.

Model Portfolio Updates:

We updated our Most Attractive Stocks and Most Dangerous Stocks Model Portfolios for March 2026.

Danger Zone Podcast:

David Trainer joined Chuck Jaffe to discuss why tech sector investors need to reconsider their portfolio holdings.

We hope you had a great week!

See a preview of upcoming research below.

Upcoming Research