Clear market notes built around the JSE, the rand, and what matters locally.

2026-10-09 10:15 • The Motley Fool Positive Axe Cap view: Selective

While Nvidia remains a strong AI chip stock with leadership in GPU training and a cheap valuation at 15x forward P/E, smaller competitors AMD and Cerebras could potentially outperform over the next decade. AMD, valued at one-fifth of Nvidia's size, is positioned well in the faster-growing inference market through strategic acquisitions and major deals with OpenAI and Meta. Cerebras, with a sub-$40B market cap, offers ultrafast inference speeds but faces execution risks in mainstream adoption.

Axe note: Nvidia dominates AI training chips, but AMD and Cerebras could unlock bigger gains in AI inference over time.

2026-10-09 10:05 • The Motley Fool Positive Axe Cap view: Selective

SharkNinja and eBay are highlighted as potential long-term growth stocks trading near all-time highs. SharkNinja, with 22% YoY revenue growth and a forward P/E of 27, is gaining market share in a $125-130 billion addressable market through innovation and social media marketing. eBay has successfully repositioned its business with 14% YoY revenue growth, driven by collectibles, refurbished products, and person-to-person selling, trading at 17 times forward earnings. Both stocks are expected to deliver double-digit annualized earnings growth over the next seven years.

Axe note: US stocks SharkNinja and eBay look set for strong gains, but South African investors have limited direct exposure.

2026-10-09 09:30 • The Motley Fool Positive Axe Cap view: Selective

Everpure (formerly Pure Storage) is recommended as a top storage stock pick, with AI-driven demand accelerating revenue growth to 38% year-over-year. The company's software-based flash storage approach delivers superior price performance, and a recent hyperscaler deal is expected to generate significant revenue from fiscal 2028 onward. Trading at a reasonable 1.16x PEG multiple, the stock carries volatility risk from potential flash price reversals.

Axe note: Pure Storage's AI-driven growth looks strong, but South African investors should keep an eye on the rand and valuation risks.