Investment Calls: First Solar, Live Nation, Estee Lauder, AMETEK, FedEx

First Solar: Awaiting Validation

• 💡 First Solar is currently down 6%, despite being up earlier in the day, following a deal between Alphabet and Intersect Power, a customer.
• 📌 The stock is considered cheap on a valuation basis but has struggled to break the $300 mark over the last 17 years.
• ⚠️ The current price action is a concern, and the stock is described as "guilty until proven innocent" within the ETF.

Live Nation: Secular Trend Play

• 🚀 Live Nation is highlighted as a "crown jewel" stock that capitalizes on a significant secular trend in concert attendance.
• 🎯 Despite expectations of waning interest post-2021/2022, concert-going has intensified and is expected to continue.
• 🧩 Live Nation is presented as a "one-stop shop" to invest in this trend.

Estee Lauder: Turnaround Strategy

• ✨ Estee Lauder is undergoing a turnaround strategy called "Beauty Reimagined" under a new CEO.
• 📈 Recovery is being observed in the US and China for prestige makeup and cosmetics, with a focus on margin rebuild and cost-cutting.
• ⏳ The stock is seen as a "show me story" with potential for 2026, despite a recent target raise to $100, which is below the current trading price.

AMETEK: Industrial Strength

• 📈 AMETEK is at a record high, driven by strong momentum in electrical equipment and supplies, benefiting from commercial aerospace and utilities sectors.
• 🛠️ Exposure to commercial aerospace has been a key driver in 2024 and 2025, with companies like Howmet showing strong tailwinds.
• 📊 AMETEK is considered cheap on a valuation basis and is noted for having "no sellers in sight" after a recent breakout.

FedEx: Turnaround and Spin-off Potential

• 🚚 FedEx is showing signs of a turnaround, posting strong numbers despite facing similar challenges to UPS.
• 🎯 The stock is expected to make another run at the $300-$315 resistance level.
• 💰 In June, FedEx will spin off its freight division into a new publicly traded company (ticker FDFX), a move anticipated to unlock significant shareholder value.