2. november · aktuelt research-checkpoint

GOOGL 96/125 og TSM 110/125 fra 1. november fastholdes. GOOGL får ingen ny kapital. VRT/GEV/KLAC prioriteres efter nye resultater; MSFT/AMZN kræver capex- og cash-return review. Ingen tredje aktie.

ASK først; 60% SXR8 / 20% GOOGL / 20% TSM. Novemberramme: 1.200 kr. SXR8, 400 kr. TSM, 400 kr. midlertidigt i pool under GOOGL-pausen. ANET 3/11; TSM sales 10/11.

YouTube-dækning er delvis for alle syv kanaler. Én fuld Tom Nash subtitle-review, 505 items; to DataForSEO-requests, $0.008. Ingen creator-claim ændrer score eller DCA. Priser: 30/10; månedsbeslutning og scores: 1/11. Faktiske holdings, pool og ASK-rum er ukendte.

Ugens fund, primærkilder og begrænsninger

Vertiv / VRT

Priority watch only. Q3 2026 strengthens the data-center power/cooling case, but valuation and cycle risk keep VRT below the 100+ stock-sleeve gate.

Case

Critical power, thermal management, monitoring, services and integrated data-center infrastructure. AI/high-density deployments increase power distribution, backup power, liquid cooling and modular-buildout needs.

Watch only

Risici

Premium valuation, project timing, backlog/customer opacity, supply-chain execution, EMEA weakness and an AI infrastructure cycle can all impair future returns.

Q2 earnings anchor

Q2 sales were USD 3.274bn, up 24.1% year over year and 17.8% organically. GAAP operating margin reached 19.5%, adjusted FCF was USD 925mn, Vertiv ended in net cash, and full-year guidance rose. The evidence lifts the working score from 94 to 98, still below eligibility.

Prior score 98 / 125 · deal review pending

Strategy impact

No new capital. A full valuation, order/backlog, customer-concentration and cycle review must produce 100+ and a clearly better case than GOOGL or TSM before any third stock is considered.

Kilder

Vertiv Q2 2026 earnings release Vertiv Q2 2026 10-Q Vertiv Investor Relations Vertiv AI and high-performance computing solutions VRT valuation snapshot

14. september · UIG review

98 er nu markeret som tidligere score, mens UIG-aftalens finansiering, earnout og afkast undersøges. Microgrid controls udvider power-muligheden, men forventet accretion er ikke en afsluttet kvalitetsvurdering.

Ugens research og kilder