A Message From Profits Run

Here's what changes if you wait to download my "Simple Options Trading For Beginners" book.

The book doesn't. Same pages, same plain-English explanations, same handful of techniques.

The only thing that changes is the price.

Right now, through this temporary link, it costs nothing.

After the link expires, it's $29.97 on my website. That's what it sells for most of the year.

So "I'll grab it later" isn't really a delay. It's a decision to pay $29.97 for something you could have had for nothing.

Not a great trade.

The better one takes a few seconds and happens today.

Download your copy while it's still $0.

Good Trading,
Bill Poulos

P.S. Once it's saved to your computer, the price can't reach it. That only works if you grab it before the link expires.

Why Apple Stock Looks Like a Safe Haven After the Midterms

Reported by Sam Quirke. First Published: 11/11/2026.

For most of 2026, the main knock on Apple Inc. (NASDAQ: AAPL) was that it had become a bystander to the AI boom, watching rivals pour fortunes into chips and data centers while it kept its own AI infrastructure spending comparatively restrained. Increasingly, however, that caution is being seen as a strength.

While many tech stocks are still reeling from the market-wide sell-off on Nov. 5, Apple shares closed Nov. 10 roughly 2% below the intraday record high they set that day. For a company long written off as an AI also-ran, being seen as the steady one as the wider AI trade starts to crack is an unfamiliar role.

The irony is that the AI-related sell-off followed the U.S. midterm elections on Nov. 3, but those very results have some of Apple’s most optimistic bulls calling for further gains.

Is Apple the Best Stock to Own After the Midterms?

The biggest call came from Evercore ISI analyst Amit Daryanani, who reiterated his bullish view of Apple after the Democratic sweep of Congress. He called Apple “THE name to keep working when investors want to get defensive,” and his case rests on two very different ideas.

Unlike the hyperscalers and chipmakers pouring billions into data centers, Apple’s earnings engine runs on iPhone pricing, product mix and its Services arm—not on a breakneck buildout of AI infrastructure. If a Democratic Congress makes that buildout slower or more costly, Apple has far less riding on it than most of its peers.

That relative insulation is at the heart of the case. Apple could still ride the AI wave through device upgrades, ecosystem lock-in and potentially paid software features, monetizing its enormous installed base without having to match the AI infrastructure spending of its largest rivals.

The Memory-Cost Twist That Could Help Apple

The other side of Daryanani’s thesis might seem counterintuitive, but it makes considerable sense. By now, it’s well known that surging memory prices have weighed on Apple throughout 2026, with the company again warning in its latest earnings report that they were likely to keep hurting its gross margins.

Daryanani’s wager is that a slower AI buildout, thanks to the so-called “Blue Wave,” could actually ease that pain. His thinking is that if data center projects are delayed or blocked, the insatiable demand they create for memory chips should cool. Companies hit hard by the resulting memory price inflation, Apple chief among them, could see their costs drift back down. In other words, the same gridlock denting AI stocks might quietly give Apple a margin tailwind.

To be sure, this would be a slow-burn benefit rather than an immediate one. Apple has locked in some supply and may have to wait several quarters before cheaper chips reach its margins, while industry forecasts suggest memory prices could stay elevated through much of 2027. Still, it’s another reason to be more bullish, rather than bearish, on Apple after the midterms.

Valuation, China and a Margin Squeeze Still Loom

None of this makes Apple bulletproof. Management expects December-quarter gross margins of 45% to 46%, with memory costs, supply constraints and heavy purchase commitments set to weigh on results for a while before any relief arrives.

There are softer spots, too. Apple’s Services growth has been cooling, its prospects in Greater China remain a nagging question mark despite recent sales growth, and the stock’s valuation leaves little room for error. A Democratic sweep also raises the prospect of tougher congressional scrutiny of big tech, something Apple is no stranger to.

So Is Apple Really the Place to Hide?

For now, the case for Apple as an ideal defensive play is strong in theory but a little shakier at its current price. The company is well positioned to grow AI-related revenue through its devices and Services without having to bet the house on data center construction, and a cooling buildout could provide a welcome margin reprieve down the line.

The snag is that there may be more short-term pain before that reprieve arrives. If the wider tech landscape continues to sell off, it will be hard for Apple to remain near its highs at its current valuation.

The split among analysts on Wall Street sums it up. November has already seen Sanford Bernstein lift its price target to $380, matching Evercore’s, while Phillip Securities and DZ Bank have issued downgrades. As a hiding place, Apple might make far more sense than most of its peers right now, but as a bargain, it’s asking investors to pay a hefty price for that peace of mind.

A Message From Brownstone Research

Former tech executive Jeff Brown, the man who picked Nvidia in 2016, before it jumped as high as 37,800%, just got inside a Cybercab, Elon Musk's new car that has no steering wheel or pedals… and what happens will shock everyone. Click here to see the details or read more below.

Dear Reader,

In April 2026, Elon Musk announced he was partnering with Intel.

The result?

Shares took off…

And were trading 177% higher just two months later.

I believe Elon is about to announce a NEW partnership with this little-known company…

To work on what he called "the most epic AI project in history."

But you need to act fast…

Because Elon has already approached this company.

I believe he's going to make it official any day…

Which should send shares higher than anyone can imagine.

Click here to see the details.

We have so much to look forward to,

Jeff Brown
Founder & CEO, Brownstone Research

A 10-Stock Strategy That Balances AI Growth With Cash Flow

Reported by Thomas Hughes. Posted: 11/13/2026.

The AI trade is still alive and well, but it’s shifting from speculation to execution—a phase in which investors may stand to make the biggest gains. This portfolio aims to capture that potential by focusing on the companies critical to AI’s success while balancing them with a trio of powerhouse cash-flow generators. The goal is a high double-digit compound annual growth rate, underpinned by capital gains, cash flow and the power of compounding.

Speculation drove sharp price increases as the market poured money into any stock with AI in its name or business plan. The execution phase shifts the focus from speculative what-ifs to companies producing results. It may not generate the same sharp increases, but it could deliver larger gains over time through growth and valuation. Some of these stocks may offer substantial upside based on long-term earnings forecasts, although those projections remain uncertain.

Signs of AI success include product demand, rising capacity, swelling backlogs and, critically, cash flow. While many AI stocks were punished in Q3 and early Q4, companies generating cash flow may be better positioned to recover and sustain upward momentum. When the next major market peak arrives is anybody’s guess, as the AI build-out could continue for years.

NVIDIA: The Source of AI as We Know It

Jensen Huang’s recent controversy and potential espionage-related concerns aren’t good news for NVIDIA (NASDAQ: NVDA) shareholders, but they don’t change the company’s leading position in AI or Huang’s role in shaping it. He is the architect of critical hardware and software, including the CUDA developer platform for parallel computing. CUDA helps GPUs perform complex computing tasks beyond graphics, including the workloads that power modern AI. NVIDIA’s established GPU roadmap and leadership team provide continuity as the company moves forward.

NVIDIA is central to the portfolio today because of its GPUs and the adjacent technologies that harness their power. It is also central to the long-term outlook because of the circular investment cycle Mr. Huang developed: GPU demand drives NVIDIA’s cash flow; that cash flow funds advances in AI technology; and those advances drive demand for NVIDIA GPUs. Long-term earnings growth could support further gains, although forecasts that far into the future carry substantial uncertainty.

Advanced Micro Devices: Inference and the Edge

Advanced Micro Devices (NASDAQ: AMD) is central to the portfolio because of its MI450 line and Helios rack architecture, which position the company as a major competitor to NVIDIA in large-scale AI GPU clusters.

More importantly, AMD’s clusters could compete on efficiency and cost in inference, both of which are key to hyperscale success. AMD is also a key player in the CPU market, which is important to inference as well. Demand for CPUs alongside GPUs could grow as inference gains traction, and inference could become a much larger market than model training.

AMD’s long-term growth outlook depends heavily on Helios adoption, and analysts’ earnings estimates could continue to change as deployments scale.

Micron Technology: AI and Inference Are All About Memory

Micron (NASDAQ: MU) is central to the portfolio because of its high-bandwidth memory (HBM). Strong demand and constrained supply have supported elevated HBM prices, and those conditions aren’t expected to ease soon. Supply constraints could persist through 2028 or beyond.

Recent reports suggest demand will remain strong through 2030, setting the stage for the memory upcycle to last for many years. Even if prices fall, demand could remain high, enabling Micron to generate ample cash flow and fund capital returns.

Dividends are a token amount, while buybacks are a potential catalyst, accelerating in 2026 and possibly beyond. MU’s forward earnings estimates may understate the duration of the memory upcycle, setting the stock up for a sustained bullish analyst revision cycle.

Oracle: AI Infrastructure Player, Not Just a Database Company

Oracle (NYSE: ORCL) is among the biggest AI winners, undergoing a fundamental shift from a software services company to a hyperscale AI enabler. Leading AI labs and hyperscale enterprises book Oracle’s cloud instances for advanced computing workloads and incorporate its legacy products into their operations.

Oracle competes with megatech companies while also selling them services and capacity, creating a symbiotic relationship that drives revenue for both sides. The opportunity today is the low price: the market has punished Oracle’s shares for its debt and heavy AI infrastructure spending, even as its earnings outlook points to a return to positive free cash flow later in the investment cycle.

Credo Technologies and Astera Labs: Two Sides of the Connectivity Coin

Credo Technologies (NASDAQ: CRDO) and Astera Labs (NASDAQ: ALAB) operate in the connectivity layer, providing services at different points in the AI chain. For investors, the key is that their next-generation technologies are gaining adoption and could benefit from multiyear, potentially multigenerational product cycles.

This isn’t just about a single win, but the potential for repeat business as new systems are deployed. In this scenario, both companies are positioned to serve the AI industry at large and sustain high levels of business, if not growth, for years to come.

Long-term earnings forecasts suggest substantial upside potential, although those gains depend on continued growth and execution.

Cerebras: Inference Engine Pure Play

Cerebras (NASDAQ: CBRS) is critical to AI and this portfolio because of its inference technology. Its large, dinner-plate-sized semiconductors reduce dependence on HBM by using substantial on-chip memory.

The chips work because their size lets them keep more model data on-chip. They also add utility by reducing connectivity bottlenecks, speeding time to token and lowering overall costs.

Cerebras is approaching breakeven on a core operating basis, although the longer-term transition to sustained profitability remains uncertain. Future earnings growth could offer potential upside over time.

Kroger: Dividends and Buybacks, Aisle 9!

Kroger (NYSE: KR) is central to this portfolio because of its blue-chip position in consumer staples.

As a leading independent grocery chain, Kroger benefits from daily essentials that drive consistent cash flow.

Growth isn’t substantial, but it is present, underpinning a dividend increase cycle that supports shareholder value.

Kroger has increased its payout for 20 consecutive years and continues to move closer to Dividend Champion status.

PepsiCo: Cyclical Recovery Drives Value

PepsiCo (NASDAQ: PEP) is key to this portfolio because of its healthy balance sheet, consistent cash flow and capital returns.

It’s also well positioned for a cyclical recovery as it addresses company-specific issues and adapts to consumer demands, including higher-protein snacks.

Valuation is also a factor: PepsiCo trades at a relatively low valuation compared with recent years, offering a value opportunity relative to peers like The Coca-Cola Company (NYSE: KO) and a higher-than-average yield of about 4.1% as of mid-Q4.

Casey’s General Stores: Self-Funding the Future

Casey’s General Stores (NASDAQ: CASY) merits a spot in this portfolio because of its healthy balance sheet, ability to self-fund growth, cash flow and capital returns.

Capital returns include dividends and share buybacks, with buybacks helping reduce the share count when cash flow isn’t being directed toward acquisitions.

Acquisitions such as Fikes in 2024 expand the company’s footprint while creating cost-saving opportunities and a platform for further expansion.

Looking ahead, continued consolidation in the convenience store and gas station industry could create additional opportunities for acquisitions and capital returns.