Zoetis · pharma
wonderful · 90
wide moat
Value$101.30
Price$71.55
MoS
+41.6%
Dominant animal-health franchise priced as if it will shrink; modest mid-single-digit growth makes it cheap.
Wonderful businesses at a margin of safety
2026-10-08
18fat pitches
201on watchlist
10/22cleared gate today
102%universe scanned
5.3%risk-free
Today's wonderful businesses · 6 deep-dived of 22 scanned
Arch Capital Group · insurance
wonderful · 81
narrow moat
Value$123.58
Price$94.33
MoS
+31.0%
Best-in-class cycle-disciplined underwriter; peak-cycle earnings flatter it, but the culture compounds book value.
Valero Energy · energy
good · 73
narrow moat
Value$506.97
Price$424.10
MoS
+19.5%
A best-in-class low-cost refiner, but a commodity business near a cyclical peak, so no growth should be underwritten.
PepsiCo · beverage
wonderful · 82
wide moat
Value$131.10
Price$123.73
MoS
+6.0%
Wide-moat snack franchise at a fair price; ~5% growth barely beats the 4% the market prices in.
Corpay · payments
good · 72
narrow moat
Value$412.47
Price$402.43
MoS
+2.5%
Highly profitable payments toll road with a narrow moat; the price already assumes most of the growth.
Tapestry, Inc. · apparel
wonderful · 80
narrow moat
Value$110.42
Price$113.42
MoS
-2.6%
Coach is a strong brand at a fair price, but fashion is fickle; roughly 6% growth doesn't beat the 7% implied.
Watchlist · 201 wonderful businesses · 18 at a margin of safety
The quality gate has scanned 511 of 503 names; these are the ones worth owning at the right price. See the full watchlist →
| Ticker | Sector | Quality | Moat | Price | Value | Margin of safety | Rating |
|---|---|---|---|---|---|---|---|
| CF | materials | wonderful · 85 | narrow moat | $114.44 | $188.21 | +64.5% | STRONG BUY |
| LULU | apparel | wonderful · 95 | narrow moat | $91.88 | $141.64 | +54.2% | HOLD |
| CTSH | software | wonderful · 81 | narrow moat | $57.07 | $86.92 | +52.3% | HOLD |
| ZTS | pharma | wonderful · 90 | wide moat | $71.55 | $101.30 | +41.6% | HOLD |
| INCY | pharma | good · 77 | no moat | $113.44 | $156.30 | +37.8% | HOLD |
| GDDY | technology | wonderful · 82 | no moat | $97.21 | $132.44 | +36.2% | HOLD |
| SOLV | healthcare | good · 73 | narrow moat | $85.88 | $114.71 | +33.6% | BUY |
| PYPL | payments | wonderful · 85 | narrow moat | $54.95 | $73.33 | +33.5% | BUY |
| ACGL | insurance | wonderful · 81 | narrow moat | $94.33 | $123.58 | +31.0% | HOLD |
| DECK | apparel | wonderful · 97 | narrow moat | $80.38 | $105.10 | +30.8% | HOLD |
| INTU | software | wonderful · 84 | wide moat | $297.24 | $388.00 | +30.5% | HOLD |
| APA | energy | good · 76 | narrow moat | $43.81 | $56.70 | +29.4% | BUY |
| NVR | retail | wonderful · 88 | wide moat | $5,931.62 | $7,666.75 | +29.3% | HOLD |
| ADBE | software | wonderful · 96 | no moat | $232.77 | $300.84 | +29.2% | HOLD |
| IT | software | wonderful · 94 | narrow moat | $185.77 | $231.17 | +24.4% | BUY |
| UHS | healthcare | good · 69 | narrow moat | $174.62 | $217.10 | +24.3% | HOLD |
| ACN | software | wonderful · 89 | narrow moat | $196.64 | $242.23 | +23.2% | BUY |
| UBER | industrial | good · 69 | narrow moat | $68.45 | $84.06 | +22.8% | HOLD |
| VLO | energy | good · 73 | narrow moat | $424.10 | $506.97 | +19.5% | HOLD |
| BR | industrial | good · 75 | wide moat | $160.13 | $190.08 | +18.7% | HOLD |