1
Amazon.com, Inc.
AMZN · US
Amazon: AWS Demand and AI Commitments Are Real, but 230.86 USD Still Asks Investors to Fund a 200 Billion USD Capex Cycle Without a Margin of Safety Jul 29, 2026 Hold
62 /100
Medium
44/100 Jul 29, 2026
2
Figma, Inc.
FIG · US
Figma: The Platform Role Is Real, but Dilution and the Last Unlock Leave No Margin of Safety Jul 28, 2026 Watch
61 /100
Medium
— Jul 28, 2026
3
Wix.com Ltd.
WIX · US
Wix.com: The Partner Channel Is Where AI Shows Up First, and 58.55 USD Prices a Permanent Erosion the Disclosed Evidence Does Not Yet Support Jul 29, 2026 Cautious Buy
58 /100
Medium
— Jul 29, 2026
4
Taiwan Semiconductor Manufacturing Company Limited
2330 · Taiwan
TSMC: Earnings Have Outrun the Share Price to a 28.1x Trailing Multiple, but a Limit-Up Close at NT$2,425 Leaves Only a Limited Margin of Safety Jul 31, 2026 Hold
57 /100
Medium
82/100 Jul 31, 2026
5
Broadcom Inc.
AVGO · US
Broadcom: AI Revenue Grew 143% to 10.8 Billion Dollars, but 389.28 Dollars Buys the Base Case at a 1.30% Owner-Earnings Yield Against 4.74% Treasuries Aug 1, 2026 Hold
56 /100
Medium
63/100 Aug 1, 2026
6
Pharmaron Beijing Co., Ltd. 康龙化成
300759 · Shenzhen
Pharmaron Beijing: Order Momentum Returns, but the Platform Is Still Unfinished Jul 3, 2026 Hold
55 /100
Medium
— Jul 3, 2026
7
argenx SE
ARGX · US
argenx (ARGX.US / ARGX.BR): A Zen Horizon Report Jun 9, 2026 Watch
55 /100
Medium
38/100 Jun 10, 2026
8
Sea Limited
SE · US
Sea Limited (SE.US) Zen Horizon Report Jun 9, 2026 Watch
55 /100
Medium
34/100 Jun 10, 2026
9
Nu Holdings Ltd.
NU · US
Nu Holdings: A 33% ROE Flattered by a 14.2% Tax Rate, 90+ Day NPLs Up to 6.9%, and 5.7 Times Tangible Book Leaves No Margin of Safety Sep 23, 2026 Hold
54 /100
Medium
— Sep 23, 2026
10
CrowdStrike Holdings, Inc.
CRWD · US
CrowdStrike: A Deep Value Investing Analysis May 21, 2026 Watch
54 /100
Medium
— Jun 10, 2026
11
Adyen N.V.
ADYEN · Amsterdam
Adyen: H1 2026 Volume Rose 24% but Net Revenue Only 19% as the Take Rate Slipped to 16.2bps, and €860.60 Leaves No Conservative Margin of Safety Sep 24, 2026 Hold
53 /100
Medium
91/100 Sep 24, 2026
12
Hansoh Pharmaceutical Group Company Limited
3692 · HK
Hansoh Pharmaceutical: One Molecule, One Royalty Book, and a Price That Already Pays for Both Aug 17, 2026 Hold
53 /100
Medium
94/100 Aug 17, 2026
13
Manhattan Associates, Inc.
MANH · US
Manhattan Associates: 26% Cloud Growth Sits Inside 9.3% Total Revenue Growth, Existing Customers Supplied 75% of Q2 New Cloud Contract Value, and 40x SBC-Adjusted Owner Earnings Leaves No Margin of Safety Aug 16, 2026 Hold
53 /100
Medium
95/100 Aug 16, 2026
14
Innovent Biologics, Inc.
1801 · HK
Innovent Biologics: The China Platform Is Real, but the Price Already Pre-Pays the Obesity Curve Jul 28, 2026 Hold
53 /100
Medium
— Jul 28, 2026
15
Sika AG
SIKA · SW
Sika AG: Quality Compounder in a Cyclical Air Pocket Jun 27, 2026 Hold
53 /100
Medium
80/100 Jun 27, 2026
16
Straumann Holding AG
STMN · SW
Straumann Holding AG: Dental Platform Leader at a Demanding Price Jun 27, 2026 Hold
53 /100
Medium
80/100 Jun 27, 2026
17
HEICO Corporation
HEI · US
HEICO Corporation: In-Depth Research Jun 15, 2026 Hold
53 /100
Medium
78/100 Jun 15, 2026
18
Credo Technology Group Holding Ltd
CRDO · US
Credo (CRDO) Zen Horizon Report Jun 5, 2026 Watch
53 /100
Medium
38/100 Jun 10, 2026
19
Apollo Global Management, Inc.
APO · US
Apollo Global Management: A Study of a Compounding Alternative-Asset Platform May 23, 2026 Watch
53 /100
Medium
— Jun 11, 2026
20
Kaspi.kz JSC
KSPI · US
Kaspi.kz: A Deep-Value Investment Study May 18, 2026 Watch
53 /100
Medium
78/100 Jun 11, 2026
21
Hermès International SCA
RMS · Paris
Hermès International SCA: A 41% Operating Margin Meets 6.1% Constant-Currency Growth, and EUR 1,475 Sits 18-31% Above the Conservative Value Sep 8, 2026 Hold
52 /100
Medium
93/100 Sep 8, 2026
22
Hyosung Heavy Industries Co., Ltd.
298040 · Korea
Hyosung Heavy Industries: A KRW 17.5 Trillion Grid Backlog, 94% of Segment Profit from Power Equipment, and No Margin of Safety at KRW 2.79 Million Aug 24, 2026 Hold
52 /100
Medium
34/100 Aug 24, 2026
23
Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
300760 · Shenzhen
Mindray Bio-Medical: The Transition Is Real, But So Is the Price Tag Jul 19, 2026 Hold
52 /100
Medium
95/100 Jul 19, 2026
24
GSK plc
GSK · US
GSK plc: Rebuilt Biopharma, Racing the Patent Cliff Jun 27, 2026 Hold
52 /100
Medium
84/100 Jun 27, 2026
25
Constellation Software Inc.
CSU · Tokyo
Constellation Software: A Compounding Machine at a Full Price Jun 17, 2026 Hold
52 /100
Medium
— Jun 18, 2026
26
Reddit, Inc.
RDDT · US
Reddit Deep Dive Jun 15, 2026 Hold
52 /100
Medium
— Jun 15, 2026
27
Tokyo Electron
8035 · TSE
Tokyo Electron Deep Dive Jun 3, 2026 Hold
52 /100
Medium
— Jun 10, 2026
28
Corpay, Inc.
CPAY · US
Corpay: A Value Investing Deep Dive May 29, 2026 Watch
52 /100
Medium
93/100 Jun 10, 2026
29
KKR & Co. Inc.
KKR · US
KKR: A Value-Investing Deep Dive May 26, 2026 Watch
52 /100
Medium
— Jun 11, 2026
30
Ares Management Corporation
ARES · US
Ares Management: A Deep Dive into the Alternative Asset Management Platform May 23, 2026 Watch
52 /100
Medium
45/100 Jun 11, 2026
31
Pop Mart International Group
9992 · HK
Pop Mart: A Deep Long-Term Value Study May 19, 2026 Watch
52 /100
Medium
68/100 Jun 11, 2026
32
Nova Ltd.
NVMI · US
Nova: Record Q2 Revenue of $255 Million and 26% Guided Growth, but 45x Trailing GAAP Earnings Leave No Margin of Safety Aug 25, 2026 Hold
51 /100
Medium
72/100 Aug 26, 2026
33
WuXi AppTec Co., Ltd.
2359 · HK
WuXi AppTec Co., Ltd.: Chemistry Resets the Earnings Base, the U.S. Question Stays Open, and HK$199.10 Leaves No Conservative Discount Aug 12, 2026 Hold
51 /100
Medium
62/100 Aug 12, 2026
34
Salesforce, Inc.
CRM · US
Salesforce: Agentforce ARR Grew 205% to 1.2 Billion Dollars, but Growth Excluding Informatica Was 8.75% and 184.02 Dollars Leaves No Margin of Safety Aug 1, 2026 Hold
51 /100
Medium
64/100 Aug 1, 2026
35
FUJIMI INCORPORATED
5384 · TSE
Fujimi: The Hidden Champion of CMP and Silicon-Wafer Polishing Materials, but 3,680 Yen Already Prepays a Good Deal of the Next Few Years Jul 29, 2026 Watch
51 /100
Medium
— Jul 29, 2026
36
Meituan
3690 · HK
Meituan: A High-Quality Franchise With Temporarily Broken Earnings Jul 1, 2026 Hold
51 /100
Medium
— Jul 1, 2026
37
NARI Technology Co., Ltd.
600406 · Shanghai
NARI Technology: Grid-Control Franchise, Quality Already Priced Jun 27, 2026 Hold
51 /100
Medium
81/100 Jun 27, 2026
38
Jiangsu Hengrui Pharmaceuticals Co., Ltd.
600276 · Shanghai
Hengrui Pharmaceuticals: A Fortress Innovation Platform, But RMB 50 Already Pays for the Upgrade Jun 26, 2026 Hold
51 /100
Medium
83/100 Jun 26, 2026
39
Asymchem Laboratories (Tianjin) Co., Ltd.
002821 · Shenzhen
Asymchem Laboratories: A Proven Small-Molecule CDMO in Transition to New Modalities, Already Priced for Success Jun 24, 2026 Hold
51 /100
Medium
— Jun 24, 2026
40
Sartorius AG
SRT3 · XETRA
Sartorius AG: A Quality Bioprocess Recovery Already in the Price Jun 19, 2026 Hold
51 /100
Medium
— Jun 19, 2026
41
Hitachi, Ltd.
6501 · TSE
Hitachi: A Deep Dive Jun 14, 2026 Hold
51 /100
Medium
— Jun 14, 2026
42
KEYENCE Corporation
6861 · TSE
KEYENCE: In-Depth Research Jun 12, 2026 Hold
51 /100
Medium
— Jun 13, 2026
43
Eurofins Scientific SE
ERF · Paris
Eurofins Scientific (Eurofins Scientific SE, ERF.PA) — Zen Horizon Report Jun 8, 2026 Watch
51 /100
Medium
50/100 Jun 10, 2026
44
Safran SA
SAF · Paris
Safran SA (SAF.PA) — Zen Horizon Report Jun 8, 2026 Watch
51 /100
Medium
49/100 Jun 10, 2026
45
Luckin Coffee, Inc.
LKNCY · US
Luckin Coffee Zen Horizon Analysis: China's Coffee Leader in the Middle of a Valuation Reset Jun 4, 2026 Hold
51 /100
Medium
28/100 Jun 10, 2026
46
Insulet Corporation
PODD · US
Insulet Corporation: A Long-Term Owner's Perspective May 31, 2026 Watch
51 /100
Medium
53/100 Jun 10, 2026
47
ResMed Inc.
RMD · US
ResMed: A Long-Term Owner's Perspective May 28, 2026 Watch
51 /100
Medium
99/100 Jun 10, 2026
48
S&P Global Inc.
SPGI · US
S&P Global: A Long-Term Owner's View May 25, 2026 Watch
51 /100
Medium
75/100 Jun 11, 2026
49
Netflix, Inc.
NFLX · US
Netflix: A Long-Term Business Owner's Perspective May 22, 2026 Watch
51 /100
Medium
74/100 Jun 10, 2026
50
Royalty Pharma plc
RPRX · US
Royalty Pharma: $3.254bn of Portfolio Receipts and 48% Deal Share Meet a 24% Expiry Wall by 2030 and a $58.41 Price That Already Pays for the Platform Sep 20, 2026 Hold
50 /100
Medium
58/100 Sep 20, 2026
51
Eastroc Beverage (Group) Co., Ltd.
605499 · Shanghai
Eastroc Beverage: Energy Supplies 81% of Product Gross Profit While Growing 6.9%, and RMB122.93 Leaves No Conservative Margin of Safety Aug 15, 2026 Hold
50 /100
Medium
87/100 Aug 15, 2026
52
Procore Technologies, Inc.
PCOR · US
Procore Technologies: Operating Leverage Finally Shows, but a 16%-of-Revenue Stock-Compensation Bill Leaves 48.82 USD Fairly Priced Rather Than Cheap Jul 30, 2026 Hold
50 /100
Medium
— Jul 30, 2026
53
Akeso, Inc.
9926 · HK
Akeso, Inc.: A Commercial-Stage Antibody Innovator Still Priced on Ivonescimab's Global Option Value Jun 24, 2026 Hold
50 /100
Medium
— Jun 24, 2026
54
The New York Times Company
NYT · US
The New York Times: Bundle Economics at Full Value Jun 17, 2026 Hold
50 /100
Medium
69/100 Jun 18, 2026
55
NAURA Technology Group
002371 · Shenzhen
NAURA Technology Group SUN-R Investment Analysis Jun 16, 2026 Watch
50 /100
Medium
50/100 Jun 16, 2026
56
HubSpot, Inc.
HUBS · US
HubSpot Deep-Dive Research Jun 15, 2026 Hold
50 /100
Medium
— Jun 15, 2026
57
NetEase, Inc.
NTES · US
NetEase, Inc. Deep-Dive Research Jun 15, 2026 Hold
50 /100
Medium
92/100 Jun 15, 2026
58
Roblox Corporation
RBLX · US
Roblox Corporation Deep-Dive Research Jun 15, 2026 Watch
50 /100
Medium
— Jun 15, 2026
59
Nintendo Co., Ltd.
7974 · TSE
Nintendo (7974.T / NTDOY) Zen Horizon Framework Deep Research Jun 9, 2026 Buy
50 /100
Medium
— Jun 10, 2026
60
Hexagon AB (publ)
HEXA-B · ST
Hexagon AB (HEXA-B.ST) Zen Horizon Deep-Dive Research Report Jun 9, 2026 Watch
50 /100
Medium
67/100 Jun 10, 2026
61
Nasdaq, Inc.
NDAQ · US
Nasdaq Investment Memo May 27, 2026 Watch
50 /100
Medium
57/100 Jun 11, 2026
62
Airbnb, Inc.
ABNB · US
Airbnb Value Investment Deep-Dive May 22, 2026 Watch
50 /100
Medium
46/100 Jun 11, 2026
63
Ferrovial NV
FER · US
Ferrovial NV In-Depth Value Research Report May 22, 2026 Watch
50 /100
Medium
34/100 Jun 11, 2026
64
AppLovin Corporation
APP · US
AppLovin Corporation In-Depth Value Investment Research May 21, 2026 Watch
50 /100
Medium
49/100 Jun 10, 2026