under the radar

Every cycle produces its set of glamour stocks—the names everyone models, trades, and debates. But for every market darling, there are dozens of companies sitting quietly in the corner, overlooked and under-analyzed. These are the orphan stocks—businesses ignored by Wall Street, lightly covered by...

It’s been a long time since value investors had real bargains outside the United States. For the better part of the past decade, the U.S. market has been the world’s locomotive, pulling portfolios higher with relentless earnings growth, endless liquidity, and a stream of capital that...

Every investor chases something. Wall Street runs after momentum, size, and liquidity because that is what the big institutions can trade and justify to their committees. But history shows that the greatest wealth is rarely built by following the herd. It is built by looking where others are not,...

While Wall Street obsesses over the latest AI darling and retail investors pile into meme stocks, a genuine opportunity sits neglected in plain sight. Asian markets—excluding the perpetual China question mark—are trading at valuations that would make Ben Graham’s ghost weep with joy. I’...

I have to confess that I get a tremendous kick out of all of the market forecasts that constantly flood across my desk. Just like everybody else, I subscribe to several market information and data services. My name has probably been sold to—I do not know—some days it seems like a million different...

By now those of you (hopefully this is all of you) that are regular readers of Under the Radar are aware of (at least) three things. I look for stocks and opportunities that Wall Street is not following, and Instant Experts of the Internet have not yet discovered. The fewer times it has been...

The media is hyper focused on the clickbait stories of the day involving the President, trade policy, anything AI along with quantum dreams and nuclear wishes. All are good stories. All of them have kernels of truth, sometimes large ones. Very few of the stories will make you a meaningful amount of...

Every quarter I write about the unknown heroes of stocks, these investors who toil way out of the hearing on the talking heads and instant experts. These investors do not have PR departments or Social Media Directors. They just come in, go to work, and make money. Almost every quarter I feature one...

Most of those reading this have never heard of Baillie Gifford. The UK investment firm is not really a household name here in the United States. Their oldest funds, Scottish Mortgage Trust and Monks Investment Trust, are investment trusts listed on the London Exchange and not available to US...

I refer to Peter Lynch fairly often in my conversation about stock picking. The reason is really simple. He is one of the best stock pickers that ever lived. In 1977 Lynch was given the Fidelity Magellan fund to manage at the ripe old age of 33. Lynch immediately put his stamp on the fund and went...

The accelerating adoption of artificial intelligence has created the most energy-intensive computing cycle in modern history. Training foundation models and running large-scale inference systems requires dense clusters of graphics processing units (GPUs), often operating continuously across...

Here is what they are not talking about on CNBC right now. The instant experts of the Internet have no interest in the topic as it does not fit their current narrative. European stocks remain cheap on both an absolute basis and when compared to the United States. The European economy is not...

Small-cap investing does not work anymore. Everyone knows that. Small companies are unprofitable garbage, and most of those companies can barely pay their bills. You need to own the big tech giants that are building the brave new world of tomorrow. Bigger is better. Everyone knows that. Value...

One of the biggest challenges in investing is finding stocks that combine the best of both worlds: the long-term upside of growth and the downside protection of solid fundamentals. That is the space where I like to hunt in the alleyway between value and growth, where stocks trade cheaply not...

As we head into the second half of 2025, the British economy is showing signs of stabilization, but it remains a structurally sluggish environment. The UK managed to avoid a technical recession in 2024, and GDP is growing again. Just barely. Annualized growth is running in the 0.5% to 1% range,...