Ideas For The Week: Chemicals, Silver, and My Highest Conviction High Growth Bet
20.04.2026
As for many, last week was a great week for the portfolio. I’ve had some names doo incredibly well lately which paid subs are aware of since I share my exact portfolio all for free in real time.
We’ve had our scandium play (SRL / SREMF) jump 50% in the last month.
NuScale Power (SMR) just 42% in the last week.
ClearPoint Neuro (CLPT) jump 37% in the last week.
And most importantly, Lemonade (LMND), my largest position jump 29% in the last week.
This is a very challenging, but great time for stock pickers. I think it’s very important here, as always at new highs, to act with a bit of caution. Futures are currently down which is of course more than welcomed and expected after the recent surge. Whether this is a technical pullback (good), or the start of a more long-term structural pullback because of re-escalation again (bad), I’m not sure.
But as ever, I’ll let the index charts dictate what I do rather than getting lost in the political and macro madness of today’s world.
On a less macro level, I still see the biggest opportunities in hardware, mining, and LatAm as well as my AI application plays like ZETA, LMND, and UPST (of which my returns are currently quite mixed although they all had great weeks last week).
Before we get into the ideas for the week, I just wanted to highlight the database I’m currently building which is currently in beta testing and will be scheduled for full release in May.
This is a fully functional web-app / database / research website all in one go. You also get:
Daily market commentary
My personal portfolio and watchlist
Weekly thematic commentary
New Ideas
Weekly Videos
All for just $24 a month (or $240 a year).
Lowest Risk: Chemicals
This is the trade people aren’t thinking about enough. For the last few years, the AI investment conversation has been centered around the likes of NVDA, TSMC. Now it’s moved rightly on to the bottlenecks (packaging, optics etc). The more upstream layers is where I think the biggest alpha gap currently is though.
That’s critical metals (silver, copper) like I talked about last week:
And then the molecular foundation that makes all of this physically possible: Chemicals. Of which most are trading around 2019 levels.
Let me be more specific. Many investors now know about the optics trade (AAOI, CRDO, LITE etc). Fibre optical cables are not just glass though. It’s much more complex.
Every part of this fibre requires UV-cured polymer coatings, adhesives, protective jacketing made from advanced compounds etc. So as hyperscalers continue to deploy billions of metres of fibre optic cables, they are also relying on the demand for the specialty chemicals that make this possible.
The market has yet to price this in.
I’ll dedicate a separate post to this theme soon. But here’s the best chemicals stocks:
Element Solutions (ESI)
Entegris (ENTG)
Chemours (CC)
Cabot Corp (CBT)
Rogers Corp (ROG)
Dedicated post incoming on the chemicals industry.
Medium Risk: Silver
I spoke about silver last week quite comprehensively. I always get torn here between discussing new themes or just doubling down on themes I have already spoken about. I have recently decided to do the latter.
