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Conviction Scout

AI-discovered stocks and ETFs that pass the conviction filter. All four criteria required. Runs daily + on demand.

MPCMarathon PetroleumEnergy

“Operates large US oil refineries that turn crude into gasoline, diesel, and jet fuel.”

New

Durable Demand

Transportation fuels remain essential regardless of economic conditions.

Dominant Position

One of the largest US refiners by capacity with integrated midstream assets and strong scale advantages.

American Interest

Supports US energy independence and domestic fuel supply security.

Risk

Prolonged drop in refined product margins from weak demand or excess capacity

52-week range: estimated range

Status8/9/2026
DUKDuke EnergyUtilities

“Generates and delivers electricity to millions of customers across the southeastern US.”

New

Durable Demand

Electricity is a non-discretionary essential service in every economy.

Dominant Position

Largest electric utility in the Carolinas and one of the biggest regulated utilities in the US by customers served.

American Interest

Critical US energy infrastructure and grid reliability provider.

Risk

Rising interest rates increase cost of capital for its large regulated asset base

52-week range: estimated range

Status8/9/2026
RSGRepublic ServicesIndustrials

“Provides waste collection, recycling, and landfill services to homes and businesses across the US.”

New

Durable Demand

Waste disposal is essential regardless of economic conditions.

Dominant Position

Second-largest US waste management company with strong regional pricing power and wide moat from route density.

American Interest

Directly tied to US infrastructure maintenance and environmental services.

Risk

Increased regulation or taxes on landfills could raise operating costs.

52-week range: 180-245

Status8/2/2026
VPUVanguard Utilities ETFUtilities

“Holds large US electric and gas utility companies that deliver essential power.”

New

Durable Demand

Electricity and natural gas demand continues through recessions.

Dominant Position

One of the largest and most liquid US utilities ETFs by AUM.

American Interest

Supports US energy infrastructure and grid reliability.

Risk

Rising interest rates could pressure utility valuations and dividends.

52-week range: 140-175

Status8/2/2026
CMICumminsIndustrials

“Designs and manufactures diesel and natural gas engines for trucks, power generation, and industrial equipment.”

New

Durable Demand

Engines power essential transportation, construction, and backup power in all cycles.

Dominant Position

Leading market share in heavy-duty diesel engines with strong brand and service network.

American Interest

Supports US trucking, infrastructure, and energy independence.

Risk

Faster-than-expected shift to electric trucks could erode diesel engine sales.

52-week range: 260-340

Status8/2/2026
LRCXLam ResearchSemiconductors

“Makes equipment used to etch and deposit materials on semiconductor wafers.”

New

Durable Demand

Semiconductors are essential components in electronics, autos, and infrastructure that economies require in all cycles.

Dominant Position

One of the top two suppliers of critical wafer fabrication equipment with deep technology moats.

American Interest

Direct beneficiary of US chip supply-chain reshoring and domestic semiconductor manufacturing incentives.

Risk

Semiconductor capital spending cycles can cause sharp revenue swings.

52-week range: 650-1100

Status7/26/2026
OKEONEOKEnergy

“Operates pipelines and facilities that transport and process natural gas and natural gas liquids.”

New

Durable Demand

Natural gas remains a baseload energy source for heating, power generation, and industry regardless of economic conditions.

Dominant Position

One of the largest midstream operators with extensive US pipeline network and high barriers to new entrants.

American Interest

Supports US energy independence, domestic production infrastructure, and reliable energy supply chains.

Risk

Regulatory changes or shifts in long-term natural gas demand could pressure volumes.

52-week range: 70-95

Status7/26/2026
DEDeere & CompanyIndustrials

“Builds tractors and farm machinery.”

New

Durable Demand

Farmers must replace and maintain equipment to produce food every year.

Dominant Position

Clear global leader in agricultural equipment with unmatched dealer network and brand moat.

American Interest

Supports US agricultural supply chain and food security.

Risk

Prolonged weakness in farm incomes from commodity price drops

52-week range: 350-480

Status7/19/2026
IDUiShares U.S. Utilities ETFUtilities

“Holds large US electric and gas utility companies.”

New

Durable Demand

Electricity and natural gas are essential services used in every economic environment.

Dominant Position

One of the largest and most liquid US utilities ETFs by AUM.

American Interest

Direct exposure to US energy infrastructure and grid reliability.

Risk

Rising interest rates increasing utility borrowing costs

52-week range: 70-95

Status7/19/2026
HEIHeico CorporationAerospace/Defense

“Makes replacement parts for airplanes and jets.”

New

Durable Demand

Airlines and militaries need parts to keep existing planes flying regardless of economic cycles.

Dominant Position

#1 provider of FAA-approved PMA replacement parts with strong aftermarket pricing power.

American Interest

Critical supplier to US defense aerospace and commercial aviation supply chain.

Risk

Airline capex slowdowns or certification delays for new parts

52-week range: 180-280

Status7/19/2026
PCARPACCARTransportation / logistics

“Designs and builds heavy-duty trucks sold under Peterbilt and Kenworth brands.”

New

Durable Demand

Trucking is essential to move goods every day; fleet replacement cycles persist through recessions.

Dominant Position

Holds leading US market share in Class 8 trucks with strong dealer network and parts business creating high margins.

American Interest

Supports domestic supply-chain resilience and freight movement critical to US manufacturing resurgence.

Risk

Extended weakness in freight rates reducing new truck orders

52-week range: 95-145

Status7/12/2026
XSDSPDR S&P Semiconductor ETFSemiconductors / hardware

“Holds a basket of US-listed semiconductor design and manufacturing companies.”

New

Durable Demand

Chips power every modern device and industrial system; demand for electronics and automation continues through downturns.

Dominant Position

One of the largest and most liquid pure-play semiconductor ETFs with tight tracking and high trading volume.

American Interest

Aligns with CHIPS Act funding, onshoring of advanced chip production, and defense electronics supply chain security.

Risk

Cyclical inventory corrections in the chip industry causing sharp short-term drawdowns

52-week range: 210-310

Status7/12/2026
URIUnited RentalsIndustrials / infrastructure / construction

“Rents heavy construction and industrial equipment to contractors and companies.”

New

Durable Demand

Infrastructure, maintenance, and construction projects continue regardless of economic cycles because equipment must be repaired or replaced.

Dominant Position

Largest equipment-rental company in North America with unmatched fleet size and branch network giving it pricing power and scale advantages.

American Interest

Direct beneficiary of US infrastructure bill spending, reshoring of factories, and domestic construction boom.

Risk

Prolonged slowdown in non-residential construction spending

52-week range: 580-850

Status7/12/2026
KMIKinder MorganEnergy

“Operates the largest US natural-gas pipeline network, moving energy from production to demand centers.”

New

Durable Demand

Natural gas remains essential for power generation and heating in all economic conditions.

Dominant Position

Owns the most extensive US midstream pipeline system with high barriers to new competition.

American Interest

Critical to US energy independence and domestic energy transport infrastructure.

Risk

Regulatory or environmental policy shifts could delay pipeline expansions or raise costs.

52-week range: 18-24

Status7/5/2026
IFRAiShares U.S. Infrastructure ETFIndustrials / infrastructure

“Holds US-listed companies that build and maintain roads, rails, utilities, and other essential infrastructure.”

New

Durable Demand

Governments and businesses must keep maintaining and upgrading physical infrastructure regardless of economic cycles.

Dominant Position

One of the largest and most liquid US-focused infrastructure ETFs by AUM.

American Interest

Directly tied to US infrastructure buildout and supply-chain resilience priorities.

Risk

Higher interest rates could slow new project financing and pressure valuations.

52-week range: 42-52

Status7/5/2026
ROKRockwell AutomationIndustrials

“Makes industrial automation hardware and software that controls factory machinery.”

New

Durable Demand

Manufacturers always need automation to cut costs and boost output, even in recessions.

Dominant Position

Clear leader in North American factory automation with strong installed base and pricing power.

American Interest

Primary beneficiary of US manufacturing reshoring and reindustrialization.

Risk

Cyclical capital-spending slowdowns if corporate confidence drops sharply.

52-week range: 240-310

Status7/5/2026
PWRQuanta ServicesIndustrials / Infrastructure

“Builds and maintains electric power lines, pipelines, and renewable energy infrastructure.”

New

Durable Demand

Electric grid upgrades and energy delivery systems are required regardless of economic cycles.

Dominant Position

Largest specialty contractor in North American electric power and renewable infrastructure with unmatched scale and expertise.

American Interest

Directly supports US grid modernization, energy independence, and infrastructure buildout.

Risk

Project delays from rising interest rates or permitting bottlenecks

52-week range: 240-380

Status6/28/2026
XYLXylemUtilities / Water

“Provides pumps, treatment equipment, and smart meters for water and wastewater systems.”

New

Durable Demand

Clean water delivery and treatment are essential public services in every economy.

Dominant Position

Global leader in water infrastructure technology with the broadest portfolio and installed base.

American Interest

Supports US water utility upgrades and aging infrastructure replacement programs.

Risk

Municipal budget cuts slowing large capital projects

52-week range: 110-145

Status6/28/2026
GRIDFirst Trust NASDAQ Clean Edge Smart Grid InfrastructureIndustrials / Infrastructure

“Holds companies that build smart grid, electrical equipment, and energy efficiency infrastructure.”

New

Durable Demand

Modernizing the electric grid for reliability and renewables is a multi-decade necessity.

Dominant Position

Largest and most liquid ETF focused specifically on smart grid and grid modernization themes.

American Interest

Aligns with US energy security, grid resilience, and domestic infrastructure priorities.

Risk

Slower-than-expected utility spending or regulatory delays on grid projects

52-week range: 95-135

Status6/28/2026
NEENextEra EnergyUtilities

“Operates regulated electric utilities and is the largest renewable energy producer in the US.”

New

Durable Demand

Electricity demand is constant regardless of economic conditions.

Dominant Position

Largest renewable generator and top US utility by market position with scale advantages.

American Interest

Supports US energy independence and grid modernization priorities.

Risk

Interest-rate sensitivity affecting renewable project financing

52-week range: estimated range

Status6/21/2026
EMREmerson ElectricIndustrials

“Makes industrial automation software and hardware that runs factories and energy facilities.”

New

Durable Demand

Factories and power plants need controls and maintenance in recessions to keep operating efficiently.

Dominant Position

Global leader in process automation and measurement with wide moat from installed base and software.

American Interest

Direct beneficiary of US manufacturing reshoring and energy infrastructure upgrades.

Risk

Cyclical exposure to global capital spending slowdowns

52-week range: estimated range

Status6/21/2026
WMWaste ManagementIndustrials

“Collects, processes, and disposes of waste and recyclables for homes and businesses.”

New

Durable Demand

Trash and recycling services are essential every day in good times and bad.

Dominant Position

Largest waste hauler in the US by revenue and route density with unmatched scale.

American Interest

Core US sanitation and environmental infrastructure supporting every community.

Risk

Rising labor and fuel costs that could pressure margins

52-week range: 195-245

Status6/14/2026
PHOInvesco Water Resources ETFUtilities

“Holds US companies that build and operate water treatment, purification, and delivery systems.”

New

Durable Demand

Clean water is a non-discretionary need for cities, farms, and industry at all times.

Dominant Position

One of the largest and most liquid US-listed water infrastructure ETFs by AUM.

American Interest

Directly tied to US water infrastructure upgrades and supply resilience.

Risk

Municipal budget delays that slow project spending

52-week range: 58-72

Status6/14/2026
WMBWilliams CompaniesEnergy

“Owns and operates the nation’s largest natural gas pipeline network.”

New

Durable Demand

Natural gas remains a primary fuel for power, heating, and manufacturing regardless of economic cycles.

Dominant Position

Controls the most extensive US gas gathering and transmission system with high barriers to entry.

American Interest

Critical backbone for US energy independence and domestic supply chains.

Risk

Regulatory or permitting setbacks on new pipeline projects

52-week range: 38-52

Status6/14/2026
AMATApplied MaterialsSemiconductors

“Sells equipment used to manufacture semiconductors.”

New

Durable Demand

Semiconductors remain essential for electronics, autos, defense, and infrastructure in any economy.

Dominant Position

Global leader in wafer fabrication equipment with largest market share.

American Interest

Supports US semiconductor supply-chain reshoring and CHIPS Act investments.

Risk

Concentration in a few large chipmakers as customers

52-week range: 160-240

Status6/7/2026
BWXTBWX TechnologiesDefense

“Makes nuclear reactors and components for US Navy submarines and aircraft carriers.”

New

Durable Demand

US defense spending on naval nuclear propulsion continues regardless of economic cycles.

Dominant Position

Sole-source provider of naval nuclear reactors and fuel for the US fleet.

American Interest

Directly tied to US defense and naval shipbuilding priorities.

Risk

Dependence on government defense budgets and contract timing

52-week range: 95-145

Status6/7/2026
EMEEMCOR GroupIndustrials

“Provides electrical and mechanical construction and facilities services for US buildings and infrastructure.”

New

Durable Demand

Ongoing need for building construction, maintenance, and upgrades in all economic environments.

Dominant Position

Largest US specialty contractor by revenue in electrical and mechanical work.

American Interest

Benefits from US infrastructure bill spending and domestic construction reshoring.

Risk

Cyclical exposure to non-residential construction spending

52-week range: 280-420

Status6/7/2026
VISVanguard Industrials ETFIndustrials

“Holds large US industrial companies that build machinery, engines, and infrastructure equipment.”

New

Durable Demand

Industrial equipment and infrastructure spending continues through recessions as factories, power plants, and transport networks require ongoing maintenance and upgrades.

Dominant Position

One of the largest and most liquid US industrials ETFs by AUM with very low expense ratio.

American Interest

Direct exposure to US infrastructure buildout, manufacturing reshoring, and defense supply chains.

Risk

Prolonged slowdown in US capital spending could pressure holdings.

52-week range: 220-290

Status5/31/2026
GEGE AerospaceIndustrials

“Designs and services jet engines for commercial and military aircraft plus power generation turbines.”

New

Durable Demand

Commercial air travel and electricity generation remain essential in every economic cycle.

Dominant Position

Leading supplier of commercial jet engines with long-term service contracts and wide installed base.

American Interest

Critical to US defense aviation fleets and domestic energy infrastructure.

Risk

Execution risk on new engine programs or supply-chain delays.

52-week range: 160-230

Status5/31/2026
PHParker-HannifinIndustrials

“Manufactures motion-control components such as pumps, valves, and filters used in aerospace, industrial, and energy equipment.”

New

Durable Demand

Machinery and fluid-power systems are required for ongoing factory operations, aircraft, and energy production regardless of cycle.

Dominant Position

Global leader in motion and control technologies with strong pricing power and broad aftermarket revenue.

American Interest

Supports US aerospace/defense platforms, industrial automation, and energy equipment supply chains.

Risk

Cyclical exposure to industrial capital expenditure could delay recovery.

52-week range: 480-650

Status5/31/2026
PPAInvesco Aerospace & Defense ETFDefense

“Holds a basket of US-listed aerospace and defense companies focused on aircraft, missiles, and related systems.”

New

Durable Demand

Defense budgets and commercial aviation maintenance remain steady regardless of economic cycles.

Dominant Position

One of the largest and most liquid pure-play defense ETFs by AUM with tight spreads.

American Interest

Direct exposure to US defense spending and aerospace supply chain priorities.

Risk

Sharp cuts in US defense appropriations

52-week range: 95-125

Status5/24/2026
TDGTransDigm GroupAerospace

“Designs and manufactures highly engineered components used on commercial and military aircraft.”

New

Durable Demand

Airlines and militaries must continually replace and maintain critical parts to keep fleets flying.

Dominant Position

Leading aftermarket supplier with strong pricing power and high margins on proprietary parts.

American Interest

Key supplier to US defense platforms and domestic commercial aerospace production.

Risk

Prolonged commercial aerospace production slowdown

52-week range: 1050-1450

Status5/24/2026
ETNEaton CorporationIndustrials

“Makes electrical power management products and systems used in buildings, factories, and vehicles.”

New

Durable Demand

Electricity infrastructure and industrial equipment require ongoing upgrades and replacements.

Dominant Position

Top-tier player in power management with broad product portfolio and global manufacturing scale.

American Interest

Supports US grid modernization, factory reshoring, and electrification initiatives.

Risk

Sustained slowdown in industrial capital spending

52-week range: 280-380

Status5/24/2026
NUENucor CorporationMaterials

“Produces steel and steel products using electric arc furnaces for construction, autos, and energy.”

New

Durable Demand

Steel is required for buildings, vehicles, and infrastructure regardless of economic cycles.

Dominant Position

Largest U.S. steel producer with leading minimill technology and cost advantages.

American Interest

Direct beneficiary of U.S. infrastructure spending, manufacturing reshoring, and domestic steel production priorities.

Risk

Cyclical steel prices and potential import competition

52-week range: 110-215

Status5/17/2026
XARSPDR S&P Aerospace & Defense ETFDefense

“Tracks U.S. aerospace and defense companies involved in aircraft, missiles, and related systems.”

New

Durable Demand

Ongoing U.S. defense budgets and commercial aviation needs persist through recessions.

Dominant Position

One of the largest and most liquid pure-play aerospace & defense ETFs by AUM.

American Interest

Concentrated exposure to U.S. defense contractors and aerospace supply chain priorities.

Risk

Government budget delays or shifts in defense spending priorities

52-week range: 95-145

Status5/17/2026
AWKAmerican Water Works CompanyUtilities

“Operates regulated water and wastewater utilities serving residential and commercial customers.”

New

Durable Demand

Clean water and wastewater treatment are essential services required every day.

Dominant Position

Largest publicly traded U.S. water utility with broad geographic footprint and regulatory moat.

American Interest

Critical U.S. water infrastructure supporting population growth and aging system upgrades.

Risk

Regulatory rate-case delays limiting revenue growth

52-week range: 115-155

Status5/17/2026
COPConocoPhillipsEnergy

“Explores for and produces oil and natural gas worldwide, with a focus on US operations.”

New

Durable Demand

Energy is essential for daily life, transportation, and industry, persisting through economic downturns.

Dominant Position

One of the largest independent exploration and production companies with significant scale, reserves, and operational efficiency.

American Interest

Supports US energy independence through domestic production and supply chain security.

Risk

Volatility in global oil prices due to geopolitical events or shifts to renewables.

52-week range: 95-135

Status5/10/2026
NSCNorfolk Southern CorporationTransportation

“Operates a major freight railroad network in the eastern United States.”

New

Durable Demand

Freight transportation is vital for goods movement, unaffected by recessions as supply chains must continue.

Dominant Position

One of the top two Class I railroads in the US with extensive network and market share in key regions.

American Interest

Critical to US supply chain and logistics infrastructure, enabling reindustrialization and trade.

Risk

Regulatory changes or labor disputes disrupting operations.

52-week range: 200-280

Status5/10/2026
VDEVanguard Energy ETFEnergy

“Tracks a broad index of US energy companies involved in oil, gas, and related services.”

New

Durable Demand

The energy sector provides essential fuels and power that are needed regardless of economic conditions.

Dominant Position

One of the largest and most liquid energy ETFs with low expense ratio and high AUM in its category.

American Interest

Focuses on US energy firms, supporting national energy independence and supply chain resilience.

Risk

Transition to renewable energy reducing long-term demand for traditional fossil fuels.

52-week range: 110-150

Status5/10/2026
SLBSchlumbergerEnergy

“Offers technology, project management, and services for oil and gas exploration and production worldwide.”

New

Durable Demand

Energy production and exploration are essential needs that continue through recessions to meet global fuel and power requirements.

Dominant Position

The #1 provider in the oilfield services market with leading technology and global scale, giving it pricing power.

American Interest

Advances US energy independence through domestic oil and gas development and supply chain support for energy infrastructure.

Risk

Shift to renewable energy sources accelerating faster than expected, reducing demand for traditional oil services

52-week range: 40-60

Status5/3/2026
LHXL3Harris TechnologiesDefense / Aerospace

“Provides advanced defense electronics, communications, and aerospace systems for military and government use.”

New

Durable Demand

Defense and national security needs continue regardless of economic conditions, as governments maintain spending on protection and technology.

Dominant Position

One of the top two providers in defense communications and electronics, with a wide moat from proprietary technology and long-term contracts.

American Interest

Directly supports US defense and national security priorities, including military infrastructure and supply chain resilience.

Risk

Reductions in US defense budget due to political shifts or fiscal constraints

52-week range: 180-250

Status5/3/2026
XMESPDR S&P Metals & Mining ETFMaterials / Mining

“Tracks major US companies involved in metals and mining, including steel, coal, and precious metals producers.”

New

Durable Demand

Metals and raw materials are essential for construction, manufacturing, and infrastructure, with demand persisting even in economic downturns.

Dominant Position

Top ETF in the metals and mining category by assets under management and liquidity.

American Interest

Supports US supply chain reshoring and domestic production of critical materials for infrastructure and energy independence.

Risk

Commodity price volatility driven by global supply disruptions or reduced industrial activity

52-week range: 45-70

Status5/3/2026
VLOValero Energy CorporationEnergy

“Refines crude oil into gasoline, diesel, and other petroleum products”

New

Durable Demand

Demand for fuel and energy products remains steady even in recessions

Dominant Position

#1 independent petroleum refiner in the US by capacity

American Interest

Advances US energy independence and domestic fuel supply chain

Risk

Shift to electric vehicles accelerating faster than expected

52-week range: 120 - 180

Status4/26/2026
HIIHuntington Ingalls IndustriesDefense / aerospace

“Builds and maintains warships and submarines for the US Navy”

New

Durable Demand

National defense requirements continue unabated through economic downturns

Dominant Position

Largest military shipbuilder in the US with a near-monopoly on aircraft carrier production

American Interest

Essential to US naval defense and national security priorities

Risk

Reductions in US defense budget due to political shifts

52-week range: 200 - 300

Status4/26/2026
IYTiShares U.S. Transportation ETFTransportation / logistics

“Tracks major US transportation companies including railroads, trucking firms, and airlines”

New

Durable Demand

Transportation of goods and people is vital to the economy in all market conditions

Dominant Position

One of the largest and most liquid ETFs in the transportation category by AUM and trading volume

American Interest

Supports US supply chain resilience and infrastructure development

Risk

Prolonged disruptions in global trade affecting US logistics volumes

52-week range: 60 - 80

Status4/26/2026
HONHoneywell International Inc.Industrials

“Makes advanced technologies for aerospace, buildings, and industrial performance materials.”

New

Durable Demand

Essential for aviation, construction, and manufacturing which continue even in economic downturns.

Dominant Position

Leader in aerospace systems and building automation with strong pricing power and wide moat from patents.

American Interest

Supports US defense aerospace and infrastructure modernization.

Risk

Geopolitical tensions disrupting global supply chains for components.

52-week range: 180-240

Status4/19/2026
BAThe Boeing CompanyDefense

“Designs and builds commercial airplanes, defense systems, and space vehicles.”

New

Durable Demand

Air travel and national defense needs persist regardless of economic cycles.

Dominant Position

One of the top two global commercial aircraft manufacturers with significant market share and barriers to entry.

American Interest

Critical to US defense capabilities and aviation infrastructure.

Risk

Regulatory scrutiny and safety issues impacting production and reputation.

52-week range: 150-220

Status4/19/2026
XLBMaterials Select Sector SPDR FundMaterials

“Tracks large US companies in materials like chemicals, metals, and mining.”

New

Durable Demand

Basic materials are fundamental to construction and manufacturing through all economic conditions.

Dominant Position

Largest materials sector ETF by assets under management and liquidity.

American Interest

Bolsters US supply chain reshoring and reindustrialization efforts.

Risk

Commodity price volatility due to global supply disruptions.

52-week range: 80-100

Status4/19/2026
VMCVulcan Materials CompanyMaterials

“Produces and supplies construction aggregates like crushed stone, sand, and gravel for infrastructure projects.”

Added

Durable Demand

Infrastructure and construction materials are essential for building and maintaining roads, buildings, and public works, which continue even in recessions due to government spending and maintenance needs.

Dominant Position

Largest producer of construction aggregates in the US with significant market share, pricing power from regional monopolies, and a wide moat due to quarry locations and permits.

American Interest

Directly supports US infrastructure buildout and reindustrialization through supply of materials for roads, bridges, and manufacturing facilities.

Risk

Regulatory changes or environmental restrictions on quarrying that could limit expansion or increase costs.

52-week range: 180-250

Status4/12/2026
TXNTexas Instruments IncorporatedSemiconductors

“Designs and manufactures analog and embedded semiconductors used in electronics and industrial applications.”

New

Durable Demand

Semiconductors are fundamental components in everyday electronics, automotive, and industrial equipment, with demand persisting through economic cycles as technology integration continues.

Dominant Position

Global leader in analog semiconductors with the largest market share, strong pricing power, and a wide moat from extensive patent portfolio and manufacturing scale.

American Interest

Bolsters US semiconductor supply chain reshoring and national security through domestic chip production critical for defense and infrastructure.

Risk

Intensifying competition from Asian chipmakers or supply chain disruptions in rare materials.

52-week range: 150-220

Status4/12/2026

The Four Criteria

1. Durable Demand

Product/service persists through recessions

2. Dominant Position

Clear #1 or #2 in their market, wide moat

3. American Interest

Tied to US infrastructure, defense, energy, supply chain

4. Simple Business

Explainable in one sentence at a dinner party