Aug. 14 at 12:00 AM
I love digging through post-earnings wreckage looking for good businesses the market may have punished too hard.
$TPR is at the top of my list after a 16% haircut despite strong earnings, margins and cash flow.
$TSSI is much more speculative, but the headline revenue decline doesn’t tell the whole story. Systems integration is growing, margins and EBITDA improved, and the business is shifting toward higher-margin AI infrastructure work. The big red flag is extreme customer concentration. I’m not buying something just because it got crushed. I’m looking for where the stock got hurt worse than the business did.
$TPR $TSSI