Look Deeper Into the AI Stack
| Fred's Note: This caught my attention—and I think it might catch yours too. It's from some trusted folks I work with, and it's something you don't want to miss. | | Dear Reader, By the time something shows up everywhere, the early phase is usually already over. In small caps, the more interesting setups tend to develop quietly—well before broader attention catches on. Instead of focusing on the obvious names, we look at the areas where activity is just beginning to shift. Often, that means looking one layer deeper—at companies supporting the technology, infrastructure, and processes behind the larger trend. That's where things can start to take shape without much noise. Right now, we're tracking profiles that are beginning to stand out within this part of the market. Each is showing early signs of developing activity, but none are widely followed at this stage. That's typically where these situations begin. Our focus isn't on chasing headlines—it's on recognizing the signals that appear beforehand, when positioning, volume, and momentum start to change. Our latest report walks through how we identify these setups and outlines the five profiles currently on our radar. Best regards,
Alex Ramsay
Co-Founder & Managing Editor
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