@breadcrumbsre You have to have a view on where the downside is. If the downside is negative fcf, you hoard cash. Otherwise spec div.
Most management teams haven’t a clue is my guess. Inertia is powerful and they make more on salary than 1% increase in stock cagr.
@blueprintsmb22 The great irony is most fund managers own mostly etfs in their own accounts. Whether due to compliance or risk, it’s an interesting barometer.
@Twasluck1 Cycle is bottoming. Farmer income not robust enough for a big ordering cycle today, especially if ferts stay high into 2026/27 season.
Hard to see upside to numbers in short term but $DE is running full out on production.
@AKWilk Nuanced view:
1) on + side they seem to be sandbaggging the year.
2) longer term the have been underinvesting and they probably need a caoex cycle. Modular’s can’t last forever…
3) New Chair a breath of fresh air.
@thepupil11 $CNXC and teleperformance.
Staffing companies hit on ai competition and by less hiring which to this point has been less ai and more covid overhang imo.