38 lines
1.3 KiB
JSON
38 lines
1.3 KiB
JSON
{
|
|
"rules": [
|
|
{
|
|
"name": "AI capex acceleration",
|
|
"signal": "bullish",
|
|
"weight": "high",
|
|
"thesis": "AI infrastructure demand can support revenue growth and pricing power.",
|
|
"conditions": [
|
|
"Backlog continues to rise",
|
|
"Margins remain stable while capex increases"
|
|
],
|
|
"rationale": "Use this rule when the company is a direct beneficiary of AI infrastructure demand."
|
|
},
|
|
{
|
|
"name": "Valuation stretch under slowing growth",
|
|
"signal": "bearish",
|
|
"weight": "high",
|
|
"thesis": "If valuation remains elevated while growth decelerates, downside risk increases.",
|
|
"conditions": [
|
|
"Forward growth guidance is revised lower",
|
|
"Multiple expansion outpaces earnings revisions"
|
|
],
|
|
"rationale": "Use this as a cautionary overlay when expectations look richer than fundamentals."
|
|
},
|
|
{
|
|
"name": "Balance sheet resilience",
|
|
"signal": "neutral",
|
|
"weight": "medium",
|
|
"thesis": "Net cash and strong free cash flow improve resilience during drawdowns.",
|
|
"conditions": [
|
|
"Net cash or modest leverage profile",
|
|
"Healthy free cash flow conversion"
|
|
],
|
|
"rationale": "This factor matters most when macro conditions tighten and durability is rewarded."
|
|
}
|
|
]
|
|
}
|