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Monday, March 9, 2026

Front-Run Buffett's Shocking Gold Move

Warren Buffett is sitting on $325 billion in cash – his largest hoard ever.

Not because he wants to – but because he can’t find value in the usual places.

Now, as US government spending spirals out of control, Buffett knows he’s losing billions of dollars to inflation. 

That’s why I predict Buffett’s next investment will catch millions of people off guard. 

It’s not another bank… railroad company… or more shares of Apple. 

It’s a gold company. How do I know?

Because the math doesn’t lie:

You can buy the average gold developer for $30 and get back $13 a year —

That’s a 43% ROI annually.

Over 10 years, that’s $130 on a $30 investment.

Tell me where else Buffett can get that.

But there’s one specific miner Buffett likes best:

  • It’s the best-managed major gold miner in the industry…
  • Has massive cash flow…
  • Is trading at a deep discount to fair value…
  • Positioned at the heart of Trump’s new mining push…

Don’t wait for Buffett to reveal his position in his 13F filing on February 17th…

Right now, you have the chance to front-run the greatest investor of all time. Go here and I’ll give you the name and ticker – along with details on my top four small miners.

To your wealth,

Garrett Goggin, CFA, CMT
Chief Analyst & Founder, Golden Portfolio

P.S. A lot of investors write in to tell me how much they’ve made in Bitcoin. My reply? Good for you. First off, gold investing is cyclical. You really only want to own gold at one specific time in the cycle. That time is now. Second, the world’s governments are not buying Bitcoin. They’re betting on gold. All of them. Bitcoin (does anyone really know for sure the US government didn’t create it?) will be a good bet… until it isn’t. It may end up doing great. Or it may be eclipsed by any number of tech developments. 

Meanwhile, gold will continue to do what it’s done for almost 6,000 years of recorded human history: Protect wealth through chaos. Go here if you want the name and ticker of Buffett’s likely gold play… and details on my top four miners


 
 
 
 
 
 

Monday's Bonus Story

Wall Street Loves FIGS. So Why Do Price Targets Predict a Pullback?

Author: Jennifer Woods. Originally Published: 3/2/2026.

After a stunning plunge following its 2021 IPO, medical and lifestyle apparel company FIGS, Inc. (NYSE: FIGS) has roared back to a price it hasn't touched in nearly four years. The stock has surged almost 260% over the past year, including a 58% gain in the last month alone. The rally has been driven by strong earnings reports and a wave of bullish analyst commentary. Yet despite the momentum and positive sentiment, the consensus 12-month price target sits at just $12.25 — nearly 30% below the current stock price. That raises the question: how much of this recovery is supported by fundamentals, and how much is momentum? A closer look at FIGS' recent results and the stock's price action offers some clues.

Early investors in FIGS saw a quick windfall after the company's IPO, which debuted in May 2021 at $22 per share and, within a month, climbed to $50 per share as demand for medical apparel surged during the COVID-19 pandemic. As the pandemic eased, however, shares reversed sharply and, within 12 months, were trading below $8. In the years that followed, FIGS remained mostly range-bound in the single digits, though after dipping below $4 in April 2025, the stock began another upward move.

Earnings Momentum Sparks Rally

Following steady gains after positive Q1 and Q2 2025 earnings reports, the Q3 2025 results, released on Nov. 6, accelerated the rally. The quarter showed stronger-than-expected revenue growth, healthy demand across its core business and resilient margins despite tariff pressures. Management raised full-year guidance for net revenue and adjusted EBITDA margins, and Wall Street rewarded the update: the stock climbed more than 30% over the following week and Zacks Research upgraded the name to Strong Buy from Hold.

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Key Points

  • FIGS stock is up nearly 260% over the last year
  • Strong earnings have fueled the rally
  • Stock is trading almost 30% above the average price target
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The momentum continued after the Q4 2025 earnings report released on Feb. 26. The quarter featured a 33% jump in revenue and marked the company's best quarterly sales, topping $200 million. Management highlighted growth in active customers and higher average order values, and noted the company outfitted Team USA's medical staff during the Winter Olympics. Scrubwear — more than three-quarters of net revenue — was a standout, rising 35%, while international sales climbed 55%. The fourth quarter capped a year in which net revenue rose 14% year-over-year to a record $630 million. Despite tariff headwinds that pressured gross margins, full-year adjusted EBITDA margin exceeded targets by more than 200 basis points.

Earnings And Outlook Spark Analyst Support

FIGS also issued an upbeat outlook for fiscal 2026, expecting continued demand supported in part by growth in healthcare employment. The company plans to expand into new international markets, prioritize growth across its businesses and continue its stock buyback program. For fiscal 2026, FIGS expects net revenue to grow 10% to 12%, with improved profitability targets.

Analysts responded with a wave of bullish notes. Barclays raised its rating to Strong Buy from Hold, KeyCorp moved to Overweight from Sector Weight with a $17 price target, and Goldman Sachs shifted to Hold from Strong Sell. BTIG reiterated a Buy rating with a $15 target, and Telsey Advisory increased its target to $15 from $9.

FIGS Stock Pushes Past Price Targets

FIGS' earnings strength has clearly driven the stock to four-year highs. Shares began climbing before the Q4 report, jumping nearly 14% in the session ahead of the release, and the rally accelerated after the results: the stock surged 24% on the first trading day following the report and added another 10% the next day. As of March 4, the stock was trading above $17, roughly 30% above the average 12-month price target of $12.25 based on 10 analyst reports. That level is more than double Morgan Stanley's $8 target from January and sits at or above many of the recently raised targets, including KeyCorp's $17.

The gap between bullish analyst commentary and relatively modest price targets suggests analysts appreciate FIGS' improving fundamentals but remain cautious about valuation. At current levels, shares trade at a price-to-earnings ratio of nearly 90, implying that much of the company's expected growth may already be priced into the stock. Investors applauding the turnaround face a key question now: can FIGS sustain this pace of improvement, or is a pullback likely?


 

This Month's Exclusive Story

DoorDash Rebound Signal: Analysts See Double-Digit Upside From Here

Reported by Thomas Hughes. Posted: 2/22/2026.

DoorDash delivery bag on a doorstep with food order visible, highlighting delivery demand and DASH stock focus.

Key Points

  • DoorDash’s guidance reset the narrative, with analysts and institutions pointing to a rebound setup and meaningful upside from key support levels.
  • Management is leaning into growth in 2026, raising spend while still targeting EBITDA margin expansion over time.
  • Q4 headline misses didn’t derail core momentum, but competition and regulation remain the main risks to monitor.
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DoorDash (NASDAQ: DASH) triggered a rebound with its 2026 guidance update, and the upside potential looks to be in the double digits. Analysts' price targets imply at least 20% upside at the low end of the range, while the consensus target sits more than 40% above the critical support level. The post-release reaction was mixed — including three price-target cuts to the lower part of the range — but the consensus from 36 analysts remains a Moderate Buy, and not everyone reduced their targets. Bank of America, for example, raised its target to an above-consensus $72, suggesting conviction remains among some analysts. 

DoorDash's institutional activity also looks consistent with a market bottom. MarketBeat data show institutions — which own more than 90% of shares — have been net buyers for seven consecutive quarters, with activity ramping sequentially to record highs in early 2026 (see report). Institutions may slow purchases as the quarter progresses and shares rise, but a return to distribution appears unlikely. The analyst price forecast is already robust, and there is potential for an upgrade cycle to form. 

DoorDash Accelerates Spending to Accelerate Growth in 2026

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Details from the fiscal Q4 2025 earnings release and guidance point to stronger-than-expected underlying results coupled with planned higher spending. That spending will be directed at technology rollouts, marketing, new verticals, and density initiatives to sustain and accelerate growth. In this environment, DoorDash could outperform — if not immediately, then as the year progresses — and that performance would support longer-term sentiment. The downside is that higher spending will pressure near-term profits; the upside is that EBITDA margins are expected to expand, positioning the company for further margin improvement over time. 

The technical outlook is bullish. DASH stock, after a sizable decline from its peak, appears to have had sufficient time to reset. Indicators show oversold conditions with a strong chance of a rebound: stochastic indicators are forming bullish crossovers near their lows, and the MACD is diverging positively from recent price lows. Given the institutional buying and improving analyst sentiment, the market is likely to follow through on that signal, though volatility is possible. Key upside targets are near $190 and $215 and could be reached before mid-year.

DoorDash (DASH) charts show a sharp selloff testing key support, with callout pointing to a potential rebound setup.

DASH Analysts Look Past Tepid Q4 Results to a More Robust Year Ahead

DoorDash's latest quarter came up short of MarketBeat's reported consensus, so by that measure it was a weak quarter. Still, the results reflect strong underlying growth. Net revenue of $3.96 billion rose nearly 40% year over year, driven by a 32% increase in order volume and a 39% rise in order value. Growth was broad-based, with international markets notably outpacing the U.S. as acquisitional integration drove faster-than-expected gains overseas. 

Margins also showed improvement. The company expanded GAAP margins while sustaining operational quality, with net income up 51% year over year and an adjusted EBITDA margin of about 38%. Free cash flow growth moderated to 17.6%, which is the weak spot in the quarter, but management is investing to improve cash generation going forward. 

The year-end balance sheet shows no red flags and offers reasons for investor confidence. Cash and assets rose alongside higher debt and liabilities, but leverage remains modest — total liabilities run roughly 2x cash and under 1x equity. The company is well capitalized with solid cash flow and limited encumbrances. Equity increased about 28% for the year, and capital returns, currently via buybacks, have reduced share count and increased shareholder leverage each quarter.

DoorDash Risks Don't Overwhelm the Upside

Risks for DoorDash include intense competition, regulatory hurdles, and shifting consumer trends, though none appear to be an immediate existential threat. While competition is fierce, DoorDash has generally executed well and continued to lead on growth. Regulatory risk — particularly potential driver reclassification — is the more significant concern and could require business-model changes, but meaningful legislative action is likely years away. Consumer trends remain resilient and could strengthen further; early reports indicate 2025 tax refunds are about 10% larger than the prior year, providing a tailwind for consumer spending nationwide. 


 
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