Clear market notes built around the JSE, the rand, and what matters locally.

2026-09-29 17:32 • The Motley Fool Positive Axe Cap view: Selective

Warren Buffett and Bill Ackman are investing heavily in AI hyperscalers based on two key metrics: return on invested capital (ROIC) and weighted average cost of capital (WACC). Hyperscalers are expected to generate ROIC above 24% while their WACC sits around 8%, creating significant upside potential. Despite near-term negative free cash flow from massive AI infrastructure spending, analysts project these companies could generate over $500 billion in combined free cash flow by 2030, making current valuations attractive.

Axe note: Buffett’s love for Alphabet, Amazon, Microsoft, and Meta comes down to their exceptional returns on invested capital versus their cost of capital.

2026-09-29 17:30 • The Motley Fool Positive Axe Cap view: Selective

Cellebrite (CLBT) receives a Superscore of 79 from Motley Fool's Hidden Gems database, reflecting its strong market position in digital forensics and recurring revenue growth of 21% YoY. However, the stock has declined 43% this year due to sales cycle volatility, CEO transition uncertainty, and a high trailing P/E of 47.58. The analyst remains optimistic for a five-year rebound, citing the company's entrenched customer base, healthy margins, and AI growth potential, though execution risks remain.

Axe note: Cellebrite’s move to subscriptions pressures near-term results, but solid fundamentals and AI potential promise a rebound.

2026-09-29 17:11 • The Motley Fool Positive Axe Cap view: Selective

Bloom Energy shares rebounded 12% after RBC Capital reaffirmed an outperform rating and $335 price target, citing the company's acquisition of manufacturing space in Fremont as evidence of growing demand and rising backlog. However, analysts caution that this conclusion is speculative and investors should await confirmation when the company reports Q3 2026 results.

Axe note: Bloom Energy’s share jump on expanded capacity is promising, but South African investors should remain cautious until earnings confirm the trend.