$EQT: the gas that powers 2027's LNG terminals and AI datacenters is already under contract. The stock hasn't priced it in — lowest-cost Appalachia producer, left at $48 this summer. Essentially buying the gap between what's built and what's priced.
$KNSL: -44% off highs on an E&S pricing scare, but the underwriting never cracked 75.5% combined ratio, 24.4% ROE, buyback just expanded to $337M. Market's pricing a growth panic into a still-excellent insurer.
Nobody on this app talks about fertilizer, which is exactly why I like it. $CF Industries buys US natural gas (heading under $3, record storage) and sells nitrogen into a global market still priced for war-broken supply chains. Costs falling, prices sticky, stock 9% off its high.