B.I.G. Tips – IPO Radar
About 125 stocks with market caps of at least $500 million have IPOd since the current “AI” bull market began back in October 2022. IPOs have seen a pick-up in buying interest this year as evidenced by the performance of the Renaissance IPO ETF (IPO) that holds positions in newly-public companies. As we do from time to time, we went through all recent IPOs to try and identify ones that look bullish or at least worth considering. While the majority of these names likely won’t become large-cap blue-chips in the years and even decades ahead, a few of them could, which makes analyzing them worth the effort.
Based on their business models, the industry they’re in, sales growth, and/or recent share-price action, we found 24 recent IPOs from the broader list of 125 that caught our attention (sorted by market cap). In this report, we provide a one-sentence company description and a note on how shares have been trading recently. The names that are in uptrends but in neutral territory (not too overbought) have the best set-ups right now, but please note that, like always, this list is meant to be a starting point for further research rather than a “buy” recommendation. Additionally, we provide charts for each stock with annotations. Our hope is that readers browse through these names and see if any particular ones piqué their interest.
To unlock our latest B.I.G. Tips report taking a look at 24 recent IPOs, login or start a two-week free trial to either Bespoke Premium or Bespoke Institutional.
Bespoke’s Morning Lineup – 9/11/25
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week trial to Bespoke Premium. CLICK HERE to learn more and start your trial.
“We just need every single person in this country to think about where we are and where we want to be. To ask ourselves, is this it?” – Spencer Cox
Below is a snippet of commentary from today’s Morning Lineup. Start a two-week trial to Bespoke Premium to view the full report.
Between the 24th anniversary of 9/11 and the political violence in Utah, there’s a lot to think about this morning before even considering the markets. The big news of the day will obviously be the August CPI report, along with jobless claims, which are just hitting the tape as we send this. Overnight, Asia had a mixed session with the Nikkei up over 1%, while Chinese equities also surged 1.7% following reports that the government will provide more stimulus for state-backed banks. On the trade front, though, Mexico said it will increase tariffs on vehicle imports from Asia to 50% from 20%.
In Europe this morning, the STOXX 600 is up 0.4% and every major country equity benchmark is also trading in the green. As expected, the ECB left rates unchanged.
In the US, equity futures were modestly higher heading into the data, while treasury yields were up about 2 bps across the curve. Crude oil and gold were fractionally lower, while cryptocurrencies were broadly higher, with Ethereum up over 3%.
Yesterday’s surge in Oracle (ORCL) was unbelievable. If you saw the chart pattern below for a small-cap stock, it would look impressive, but when one of the largest companies in the world experiences a breakout like that, it’s jaw-dropping.
With yesterday’s surge, shares of ORCL reached ludicrously short-term overbought levels by closing 5.57 standard deviations above its 50-day moving average (DMA). As crazy as that level is, it’s not even the most overbought reading ORCL has ever registered. As shown in the chart below, back on 6/22/17, ORCL shares closed 5.64 standard deviations above their 50-DMA after the company reported an earnings report which showed strong growth in its cloud business.
The chart below looks like a mess, and we don’t expect you to get too much insight from it. What it shows is the daily overbought/oversold readings for the 20 largest stocks in the S&P 500 over the last ten years. The point here is to show that it’s incredibly uncommon for large and mega-cap stocks to reach overbought levels like ORCL did yesterday. It’s only happened a handful of other times!
The Closer – CPS ASEC, PPI, AI Surge and Diverge – 9/10/25
Log-in here if you’re a member with access to the Closer.
Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we provide a look at the annual update of CPS ASEC data for 2024 (pages 1 – 3). We then switch over to today’s PPI release (pages 4 and 5) before closing out with a check up on the diverging performance in our AI Baskets (pages 6 and 7).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
Daily Sector Snapshot — 9/10/25
Q2 2025 Earnings Conference Call Recaps: AeroVironment (AVAV)
Bespoke’s Conference Call Recaps use AI to summarize lengthy earnings calls. The commentary below is AI-generated and then edited by Bespoke for quality control. As always, none of these summaries should be construed as recommendations to buy or sell any securities, and investors should do their own research and/or consult with a financial professional before making any investment decisions.
Our latest recap available to Bespoke subscribers covers AeroVironment’s (AVAV) Q1 2026 earnings call.
AeroVironment (AVAV) is a defense technology company that develops unmanned systems and advanced defense solutions across air, land, sea, space, and cyber domains. Its portfolio includes tactical drones like the Raven (hand-launched small UAS for reconnaissance and surveillance), Puma (small, portable UAS for long-endurance tactical missions), Switchblade (loitering munition drones designed for precision strike), and the P550 (Group 2 drone for long-range reconnaissance and intelligence gathering). Through its recent acquisition of BlueHalo, the company has expanded into space-based communications (e.g., laser terminals), directed-energy weapons (LOCUST laser system for counter-drone and missile defense), and RF/electronic warfare solutions (Titan jamming systems, BADGER phased-array satellite ground stations). AeroVironment posted record Q1 revenue of $454.7M, up 140% YoY, with bookings near $400M and a $1.1B funded backlog plus $3.1B unfunded. Growth was driven by a $240M Space Force laser communications contract, a $95M Army award for the FE-1 long-range interceptor, and surging sales of Switchblade 600 (+200%), JUMP 20 (6x), and LOCUST laser defense (5x). Management highlighted that conflicts such as Ukraine show vulnerabilities in traditional RF systems, boosting demand for laser and RF solutions like Titan, while NATO allies are showing increased interest in UAS and missile defense. AVAV missed EPS estimates on stronger revenue. The stock was up roughly 3% on 9/10…
Continue reading our Conference Call Recap for AVAV by becoming a Bespoke Institutional subscriber. You can sign up for Bespoke Institutional now and receive a 14-day trial to read our newest Conference Call Recap. To sign up, choose either the monthly or annual checkout link below:
Q3 2025 Earnings Conference Call Recaps: Oracle (ORCL)
Bespoke’s Conference Call Recaps use AI to summarize lengthy earnings calls. The commentary below is AI-generated and then edited by Bespoke for quality control. As always, none of these summaries should be construed as recommendations to buy or sell any securities, and investors should do their own research and/or consult with a financial professional before making any investment decisions.
Our latest recap available to Bespoke subscribers covers Oracle’s (ORCL) Q1 2026 earnings call.
Oracle (ORCL) is a global leader in enterprise software, cloud infrastructure, and database technology. Best known for its flagship Oracle Database, the company also provides cloud services, enterprise applications, and advanced infrastructure such as the Oracle Cloud Infrastructure (OCI). Oracle’s offerings support a broad range of customers, including large enterprises, governments, healthcare providers, and emerging AI companies. The firm plays a pivotal role in enabling digital transformation, data management, and artificial intelligence adoption across industries, making it a bellwether for both enterprise IT spending and cloud infrastructure demand. Oracle reported 7% revenue growth YoY, with cloud revenue up 14% to $6.2B and OCI revenue jumping 51%. Management emphasized that growth is constrained not by demand but by supply. Limited availability of NVIDIA GPUs and data center capacity reduced revenue by roughly $235M in Q1. To meet soaring AI demand, Oracle is building over 100 new data centers globally, including six exascale-scale regions and sovereign regions in Europe, Japan, and the Middle East. Larry Ellison highlighted the “Butterfly” system, a compact $6M three-rack OCI region, designed to let enterprises run large AI models securely on their own data. Oracle sees AI-driven cloud workloads, especially in healthcare, government, and ERP, as the biggest growth engine of this technology cycle. The stock rose as much as 42% on 9/10 despite EPS and revenue misses, making Larry Ellison the richest person in the world (for now), surpassing Elon Musk…
Continue reading our Conference Call Recap for Oracle by becoming a Bespoke Institutional subscriber. You can sign up for Bespoke Institutional now and receive a 14-day trial to read our newest Conference Call Recap. To sign up, choose either the monthly or annual checkout link below:
Chart of the Day – Historic Earnings Surges
Oracle (ORCL) and the Best and Worst Performers Since April 8th
As of mid-day, Oracle (ORCL) is trading up 38% in reaction to its quarterly earnings release after the close yesterday. Since the start of 2020, there have been more than 47,000 individual earnings reports across US stocks, and only 126 of those reports resulted in a one-day share price jump of 38% or more. Oracle is set to make it 127 today. While most stocks that jump 38% in a day have smaller market caps, Oracle is doing it with a market cap that’s now nearing $1 trillion.
As shown below, Oracle’s gain today has propelled it up to the 10th largest stock in the S&P 500 with a market cap of $949 billion. It needs to gain another 5% or so to reach the $1+ trillion market cap club.
The 25 largest stocks in the S&P now comprise roughly 53% of the S&P 500 with a combined market cap of just over $31 trillion.
The average Russell 1,000 stock is now up 29% since the index’s low on April 8th following the Tariff-Crash of early April. There are 47 stocks in the index that have more than doubled since then, and below are the 30 that are up the most. Five stocks are up more than 200%: Astera Labs (ALAB), Wayfair (W), Robinhood (HOOD), Lumentum (LITE), and Western Digital (WDC). As shown below, Oracle (ORCL) is up the 8th most of any stock in the Russell 1,000 since 4/8 with a gain of 175.8%.
There are 155 stocks in the Russell 1,000 that are down since 4/8 (roughly 15% of the index). Below are the 30 worst performers over this time frame. The three worst performers have been Sarepta Therapeutics (SRPT), Centene (CNC), and BellRing Brands (BRBR).
B.I.G. Tips – Earnings Triple Plays Recap: Q2 2025
During the just-completed Q2 2025 earnings reporting period, there were a total of 202 earnings triple plays out of just under 2,000 individual quarterly earnings reports from US-listed stocks. That’s 124 more than the 78 triple plays we saw during the prior earnings reporting period.
What is a triple play? When a stock reports quarterly earnings, it registers a “triple play” when it beats analyst EPS estimates, beats analyst revenue estimates, and raises forward guidance. We coined the term back in the mid-2000s, and you can read more about it at Investopedia.com. We consider triple plays to be the cream of the crop of earnings season, and we’re constantly finding new long-term opportunities from this basket of names each quarter. You can track the newest earnings triple plays on a daily basis at our Triple Plays page if you’re a Bespoke Premium or Bespoke Institutional member. To read our newest report and see some of the triple plays with intriguing charts at the moment, start a two-week trial to Bespoke Premium!
Bespoke’s Morning Lineup – 9/10/25 – A New Entrant On the Top 10 List
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week trial to Bespoke Premium. CLICK HERE to learn more and start your trial.
“I believe people have to follow their dreams – I did.” – Larry Ellison
Below is a snippet of commentary from today’s Morning Lineup. Start a two-week trial to Bespoke Premium to view the full report.
Between Oracle’s (ORCL) 30%+ surge this morning and a weaker-than-expected PPI report, you would expect futures to be higher, but maybe the biggest surprise is that they aren’t up more. Both the S&P 500 and Nasdaq are indicated to open up 0.5%, and given it’s still September, bulls will take all they can get. Treasury yields are little changed, commodities are fractionally higher, and crypto is seeing the largest gains as Bitcoin and Ethereum are both up over 1.5%.
The market’s focus has now shifted to the upcoming inflation data, but yesterday, Apple (AAPL) was a focus with the launch of the latest iPhone models. As noted in our Chart of the Day from Monday, AAPL’s performance on the day of iPhone announcements has been weak, and yesterday was no exception as the stock fell 1.48%. As shown in the chart, for all the gains AAPL has had in the iPhone era, one of the worst days to own the stock has been on these announcement days.
Normally, AAPL’s stock performs well in the lead-up to iPhone announcements, but that hasn’t been the case this year. Over the last six months, the stock has declined 2%, which is weaker than any of the other nine trillion-dollar S&P 500 stocks. The only other one that is down during this stretch is Berkshire Hathaway (BRK/b), which also happens to be one of the company’s largest shareholders.
More recently, though, AAPL has started to turn the corner. Since the start of August, the stock has rallied 12.9% which ranks as the fourth-best among the trillion-dollar stocks, trailing Alphabet (GOOGL), Broadcom (AVGO), and Tesla (TSLA).
Speaking of the largest stocks, the trillion-dollar club may be on the verge of getting a new member. As of yesterday’s close, shares of Oracle (ORCL) had a market cap of $680 billion. After reporting a blowout earnings report, though, the stock is trading nearly 32% higher in the pre-market, which would take its market cap up just shy of $900 billion, catapulting it from the 13th largest stock in the S&P 500 and into the top ten list. It’s hard to comprehend just how large a move ORCL is having in reaction to its earnings. Only 42 companies in the S&P 500 have a larger market cap than ORCL’s market cap increase since the close yesterday, and it’s also larger than the entire market cap of Disney (DIS). Less than 0.35% of all earnings reports since 2001 have seen a stock rally more than 31% in reaction to earnings, and in those rare instances, the gains have been typically in small and micro-cap stocks.
