38 lines
1.5 KiB
JSON
38 lines
1.5 KiB
JSON
{
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"rules": [
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{
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"name": "AI capex acceleration",
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"signal": "bullish",
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"weight": "high",
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"thesis": "Sustained AI infrastructure capex can support revenue growth and pricing power for leading compute and semiconductor firms.",
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"conditions": [
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"Management guides for rising AI-related backlog or enterprise demand.",
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"Gross margin remains resilient while capex grows."
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],
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"rationale": "Use this rule when the company is a direct beneficiary of AI infrastructure demand and execution quality remains strong."
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},
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{
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"name": "Valuation stretch under slowing growth",
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"signal": "bearish",
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"weight": "high",
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"thesis": "If valuation stays elevated while growth momentum decelerates, downside risk increases materially.",
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"conditions": [
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"Forward growth guidance is revised down.",
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"Multiple expansion outpaces earnings revision."
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],
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"rationale": "Use this rule as a cautionary overlay when expectations appear richer than operating reality."
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},
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{
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"name": "Balance sheet resilience",
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"signal": "bullish",
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"weight": "medium",
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"thesis": "Net cash, high operating cash flow, and low refinancing pressure improve resilience during drawdowns.",
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"conditions": [
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"Net cash or modest leverage profile.",
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"Healthy free cash flow conversion."
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],
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"rationale": "This factor matters most when macro conditions tighten and investors reward durability."
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}
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]
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}
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