The analyst is long BE, having added more shares after strong earnings, citing a contract with ORCL, a large backlog, and hyperscaler capex tailwinds as reasons for the bullish stance.
Strong earnings from BE, a significant contract with ORCL, a huge backlog conversion, a $20B pipeline, and increasing hyperscaler capex tailwinds.
My $BE position is ticking along nicely - up another 20% today. Added more ON off the back of their stellar earnings. One of the simpler trades lately: - $ORCL contract + huge backlog conversion + $20B pipeline - and hyperscaler capex tailwinds ramping up (probs get some more confirmation today from them on energy/grid bottlenecks)
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -1.5% | -2.5% |
| 1 week | +18.4% | +15.3% |
| 1 month | +37.8% | +31.5% |
| 3 months | -26.8% | -30.9% |
| 6 months | — | — |