The referees — ratings by style

3 seats: AI & Disruption Referee (Christensen-style) · Forensic Short-Seller (Chanos/Einhorn-style) · Valuation Referee (Damodaran-style). The style score is the straight average of whichever of them ruled on that company — banded the same way the council bands its own: Pass at 70, Watch from 40, Avoid below. 27 of 130 would be a buy on this style alone.

					The seats
Cal-Maine Foods Inc CALM	Pass	81	63	+18	Valuation Referee82 AI & Disruption Referee82 Forensic Short-Seller78
Global Ship Lease, Inc. GSL	Pass	79	58	+21	Valuation Referee82 AI & Disruption Referee82 Forensic Short-Seller72
Range Resources Corp RRC	Pass	79	63	+16	Valuation Referee82 AI & Disruption Referee82 Forensic Short-Seller72
Azz Inc AZZ	Pass	77	58	+19	AI & Disruption Referee82 Valuation Referee78 Forensic Short-Seller72
Catalyst Pharmaceuticals, Inc. CPRX	Pass	77	66	+11	AI & Disruption Referee82 Valuation Referee78 Forensic Short-Seller72
Exelixis, Inc. EXEL	Pass	77	64	+13	AI & Disruption Referee82 Valuation Referee78 Forensic Short-Seller72
NEWMONT Corp /DE/ NEM	Pass	77	58	+19	AI & Disruption Referee82 Valuation Referee78 Forensic Short-Seller72
Incyte Corp INCY	Pass	76	63	+13	Valuation Referee78 AI & Disruption Referee78 Forensic Short-Seller72
Boston Beer Co Inc SAM	Pass	76	58	+18	Valuation Referee78 AI & Disruption Referee78 Forensic Short-Seller72
Smith A O Corp AOS	Pass	75	63	+12	AI & Disruption Referee78 Valuation Referee76 Forensic Short-Seller72
Deckers Outdoor Corp DECK	Pass	75	74	+1	Valuation Referee82 AI & Disruption Referee72 Forensic Short-Seller72
Euroseas Ltd. ESEA	Pass	75	54	+21	AI & Disruption Referee78 Valuation Referee74 Forensic Short-Seller72
Pegasystems Inc PEGA	Pass	75	64	+11	Valuation Referee78 AI & Disruption Referee74 Forensic Short-Seller72
Resmed Inc RMD	Pass	75	63	+12	AI & Disruption Referee78 Valuation Referee74 Forensic Short-Seller72
Signet Jewelers Ltd SIG	Pass	75	63	+12	Valuation Referee82 AI & Disruption Referee72 Forensic Short-Seller72
Build-A-Bear Workshop Inc BBW	Pass	74	63	+11	Valuation Referee78 AI & Disruption Referee72 Forensic Short-Seller72
Buckle Inc BKE	Pass	74	58	+16	Valuation Referee78 AI & Disruption Referee72 Forensic Short-Seller72
Chemed Corp CHE	Pass	74	66	+8	Valuation Referee78 AI & Disruption Referee72 Forensic Short-Seller72
Flexsteel Industries Inc FLXS	Pass	74	54	+20	Valuation Referee78 AI & Disruption Referee72 Forensic Short-Seller72
Sanfilippo John B & Son Inc JBSS	Pass	74	48	+26	AI & Disruption Referee78 Valuation Referee72 Forensic Short-Seller72
Gentex Corp GNTX	Pass	73	63	+10	Valuation Referee76 AI & Disruption Referee72 Forensic Short-Seller72
Ituran Location & Control Ltd. ITRN	Pass	73	68	+5	Valuation Referee74 AI & Disruption Referee72 Forensic Short-Seller72
Yum China Holdings, Inc. YUMC	Pass	73	63	+10	Valuation Referee74 AI & Disruption Referee72 Forensic Short-Seller72
Abercrombie & Fitch Co /De/ ANF	Pass	72	58	+14	Valuation Referee72 AI & Disruption Referee72 Forensic Short-Seller72
Bank Of Hawaii Corp BOH	Pass	72	51	+21	AI & Disruption Referee72 Forensic Short-Seller72
Qualys, Inc. QLYS	Pass	72	63	+9	Valuation Referee72 AI & Disruption Referee72 Forensic Short-Seller72
Silgan Holdings Inc SLGN	Pass	71	54	+17	AI & Disruption Referee78 Valuation Referee72 Forensic Short-Seller62
Atour Lifestyle Holdings Ltd ATAT	Watch	69	64	+5	Valuation Referee82 AI & Disruption Referee72 Forensic Short-Seller52
Bellring Brands, Inc. BRBR	Watch	69	58	+11	Valuation Referee78 AI & Disruption Referee78 Forensic Short-Seller52
Black Stone Minerals, L.P. BSM	Watch	69	48	+21	AI & Disruption Referee82 Forensic Short-Seller72 Valuation Referee52
Cirrus Logic, Inc. CRUS	Watch	69	60	+9	AI & Disruption Referee72 Forensic Short-Seller72 Valuation Referee62
TechnipFMC plc FTI	Watch	69	63	+6	AI & Disruption Referee78 Valuation Referee76 Forensic Short-Seller52
NetEase, Inc. NTES	Watch	69	63	+6	Valuation Referee82 AI & Disruption Referee72 Forensic Short-Seller52
Nvr Inc NVR	Watch	69	58	+11	AI & Disruption Referee78 Forensic Short-Seller72 Valuation Referee58
Teekay Tankers Ltd. TNK	Watch	69	38	+31	AI & Disruption Referee82 Forensic Short-Seller72 Valuation Referee52
Doximity, Inc. DOCS	Watch	68	63	+5	Valuation Referee74 Forensic Short-Seller72 AI & Disruption Referee58
GLOBAL INDUSTRIAL Co GIC	Watch	68	54	+14	Valuation Referee68 AI & Disruption Referee68 Forensic Short-Seller68
Marzetti Co MZTI	Watch	68	62	+6	AI & Disruption Referee78 Valuation Referee74 Forensic Short-Seller52
Tidewater Inc TDW	Watch	68	45	+23	Valuation Referee78 AI & Disruption Referee78 Forensic Short-Seller48
Accenture plc ACN	Watch	67	66	+1	Valuation Referee82 Forensic Short-Seller72 AI & Disruption Referee48
Alibaba Group Holding Ltd BABA	Watch	67	56	+11	Valuation Referee78 AI & Disruption Referee72 Forensic Short-Seller52
Barrett Business Services Inc BBSI	Watch	67	54	+13	Valuation Referee78 Forensic Short-Seller72 AI & Disruption Referee52
Conagra Brands Inc. CAG	Watch	67	48	+19	Valuation Referee78 AI & Disruption Referee72 Forensic Short-Seller52
Duolingo, Inc. DUOL	Watch	67	66	+1	Valuation Referee76 AI & Disruption Referee72 Forensic Short-Seller52
InterDigital, Inc. IDCC	Watch	67	68	-1	AI & Disruption Referee76 Valuation Referee74 Forensic Short-Seller52
Innoviva, Inc. INVA	Watch	67	58	+9	Valuation Referee78 AI & Disruption Referee72 Forensic Short-Seller52
Grand Canyon Education, Inc. LOPE	Watch	67	63	+4	Valuation Referee74 Forensic Short-Seller72 AI & Disruption Referee55
lululemon athletica inc. LULU	Watch	67	58	+9	Valuation Referee78 AI & Disruption Referee72 Forensic Short-Seller52
Ptc Inc. PTC	Watch	67	62	+5	Valuation Referee74 AI & Disruption Referee74 Forensic Short-Seller52
Yelp Inc YELP	Watch	67	63	+4	Valuation Referee82 Forensic Short-Seller72 AI & Disruption Referee48
Laureate Education, Inc. LAUR	Watch	66	63	+3	Valuation Referee74 AI & Disruption Referee72 Forensic Short-Seller52
Hanover Insurance Group, Inc. THG	Watch	66	56	+10	AI & Disruption Referee72 Forensic Short-Seller72 Valuation Referee55
Urban Outfitters Inc URBN	Watch	66	54	+12	AI & Disruption Referee72 Forensic Short-Seller72 Valuation Referee55
Cullen/Frost Bankers, Inc. CFR	Watch	65	52	+13	AI & Disruption Referee72 Forensic Short-Seller72 Valuation Referee52
Ensign Group, Inc ENSG	Watch	65	58	+7	Valuation Referee74 AI & Disruption Referee72 Forensic Short-Seller48
National Beverage Corp FIZZ	Watch	65	48	+17	AI & Disruption Referee72 Forensic Short-Seller72 Valuation Referee52
Inspire Medical Systems, Inc. INSP	Watch	65	58	+7	Valuation Referee74 AI & Disruption Referee72 Forensic Short-Seller48
PERDOCEO EDUCATION Corp PRDO	Watch	65	63	+2	Valuation Referee72 Forensic Short-Seller72 AI & Disruption Referee52
Weatherford International plc WFRD	Watch	65	52	+13	Valuation Referee72 AI & Disruption Referee72 Forensic Short-Seller52
Intuit Inc. INTU	Watch	64	62	+2	Valuation Referee82 AI & Disruption Referee58 Forensic Short-Seller52
UiPath, Inc. PATH	Watch	64	58	+6	Valuation Referee72 AI & Disruption Referee72 Forensic Short-Seller48
LiveRamp Holdings, Inc. RAMP	Watch	64	38	+26	AI & Disruption Referee72 Forensic Short-Seller62 Valuation Referee58
Ulta Beauty, Inc. ULTA	Watch	64	56	+8	Forensic Short-Seller72 AI & Disruption Referee68 Valuation Referee52
CarGurus, Inc. CARG	Watch	63	66	-3	Forensic Short-Seller72 Valuation Referee58 AI & Disruption Referee58
GigaCloud Technology Inc GCT	Watch	63	63	+0	Valuation Referee78 AI & Disruption Referee58 Forensic Short-Seller52
Pinterest, Inc. PINS	Watch	63	58	+5	Valuation Referee78 AI & Disruption Referee58 Forensic Short-Seller52
Agree Realty Corp ADC-PA	Watch	62	48	+14	AI & Disruption Referee82 Valuation Referee55 Forensic Short-Seller48
Banc Of California, Inc. BANC-PF	Watch	62	50	+12	AI & Disruption Referee72 Forensic Short-Seller52
Maplebear Inc. CART	Watch	62	58	+4	Valuation Referee78 AI & Disruption Referee55 Forensic Short-Seller52
Caledonia Mining Corp Plc CMCL	Watch	62	42	+20	AI & Disruption Referee82 Valuation Referee55 Forensic Short-Seller48
Hess Midstream LP HESM	Watch	62	48	+14	AI & Disruption Referee82 Valuation Referee55 Forensic Short-Seller48
Monarch Casino & Resort Inc MCRI	Watch	62	38	+24	AI & Disruption Referee82 Forensic Short-Seller72 Valuation Referee32
Paylocity Holding Corp PCTY	Watch	62	58	+4	AI & Disruption Referee72 Valuation Referee62 Forensic Short-Seller52
PDD Holdings Inc. PDD	Watch	62	56	+6	Valuation Referee78 AI & Disruption Referee55 Forensic Short-Seller52
American Eagle Outfitters Inc AEO	Watch	61	45	+16	AI & Disruption Referee68 Forensic Short-Seller62 Valuation Referee52
Chord Energy Corp CHRD	Watch	61	34	+27	AI & Disruption Referee78 Valuation Referee52 Forensic Short-Seller52
Columbia Banking System, Inc. COLB	Watch	61	56	+5	AI & Disruption Referee72 Valuation Referee58 Forensic Short-Seller52
Drdgold Ltd DRD	Watch	61	48	+13	AI & Disruption Referee78 Valuation Referee52 Forensic Short-Seller52
First Solar, Inc. FSLR	Watch	61	52	+9	AI & Disruption Referee78 Valuation Referee52 Forensic Short-Seller52
Gap Inc GAP	Watch	61	48	+13	Forensic Short-Seller72 Valuation Referee58 AI & Disruption Referee52
Ryanair Holdings Plc RYAAY	Watch	61	52	+9	AI & Disruption Referee72 Valuation Referee58 Forensic Short-Seller52
Trade Desk, Inc. TTD	Watch	61	54	+7	Valuation Referee78 AI & Disruption Referee52 Forensic Short-Seller52
Brighthouse Financial, Inc. BHFAL	Watch	60	48	+12	AI & Disruption Referee72 Forensic Short-Seller48
Brighthouse Financial, Inc. BHFAM	Watch	60	32	+28	AI & Disruption Referee72 Forensic Short-Seller48
Epr Properties EPR	Watch	60	50	+10	AI & Disruption Referee72 Valuation Referee55 Forensic Short-Seller52
SouthState Bank Corp SSB	Watch	60	54	+6	AI & Disruption Referee72 Valuation Referee55 Forensic Short-Seller52
Climb Global Solutions, Inc. CLMB	Watch	59	48	+11	Valuation Referee72 AI & Disruption Referee52 Forensic Short-Seller52
dLocal Ltd DLO	Watch	59	54	+5	AI & Disruption Referee72 Valuation Referee58 Forensic Short-Seller48
Four Corners Property Trust, Inc. FCPT	Watch	59	52	+7	AI & Disruption Referee78 Valuation Referee52 Forensic Short-Seller48
Five Below, Inc FIVE	Watch	59	48	+11	AI & Disruption Referee72 Valuation Referee52 Forensic Short-Seller52
Greif, Inc GEF	Watch	59	42	+17	AI & Disruption Referee78 Valuation Referee52 Forensic Short-Seller48
Infosys Ltd INFY	Watch	59	54	+5	Forensic Short-Seller72 Valuation Referee58 AI & Disruption Referee48
Levi Strauss & Co LEVI	Watch	59	45	+14	AI & Disruption Referee72 Valuation Referee52 Forensic Short-Seller52
Murphy Oil Corp MUR	Watch	59	40	+19	AI & Disruption Referee82 Valuation Referee48 Forensic Short-Seller48
Oceaneering International Inc OII	Watch	59	42	+17	AI & Disruption Referee72 Valuation Referee52 Forensic Short-Seller52
Atlassian Corp TEAM	Watch	59	56	+3	Valuation Referee72 AI & Disruption Referee58 Forensic Short-Seller48
Cameco Corp CCJ	Watch	58	48	+10	AI & Disruption Referee82 Valuation Referee48 Forensic Short-Seller45
IBEX Ltd IBEX	Watch	57	54	+3	Valuation Referee72 Forensic Short-Seller52 AI & Disruption Referee48
Valley National Bancorp VLY	Watch	57	52	+5	AI & Disruption Referee72 Valuation Referee52 Forensic Short-Seller48
Viant Technology Inc. DSP	Watch	56	54	+2	Valuation Referee58 AI & Disruption Referee58 Forensic Short-Seller52
Microsoft Corp MSFT	Watch	56	48	+8	AI & Disruption Referee88 Forensic Short-Seller48 Valuation Referee32
Rithm Capital Corp. RITM-PA	Watch	56	50	+6	AI & Disruption Referee72 Valuation Referee52 Forensic Short-Seller45
Amazon Com Inc AMZN	Watch	55	52	+3	AI & Disruption Referee88 Forensic Short-Seller48 Valuation Referee28
Best Buy Co Inc BBY	Watch	55	45	+10	Forensic Short-Seller62 Valuation Referee52 AI & Disruption Referee52
Tetra Tech Inc TTEK	Watch	55	48	+7	AI & Disruption Referee58 Valuation Referee55 Forensic Short-Seller52
Alphabet Inc. GOOG	Watch	54	42	+12	AI & Disruption Referee78 Forensic Short-Seller52 Valuation Referee32
TE Connectivity plc TEL	Watch	54	42	+12	AI & Disruption Referee78 Forensic Short-Seller52 Valuation Referee32
Uber Technologies, Inc UBER	Watch	54	54	+0	AI & Disruption Referee58 Valuation Referee52 Forensic Short-Seller52
Factset Research Systems Inc FDS	Watch	53	60	-7	Valuation Referee55 AI & Disruption Referee52 Forensic Short-Seller52
YETI Holdings, Inc. YETI	Watch	53	38	+15	AI & Disruption Referee75 Forensic Short-Seller52 Valuation Referee32
Bio-Rad Laboratories, Inc. BIO	Watch	51	34	+17	AI & Disruption Referee72 Forensic Short-Seller48 Valuation Referee32
Cheesecake Factory Inc CAKE	Watch	51	33	+18	AI & Disruption Referee72 Forensic Short-Seller52 Valuation Referee28
Eastman Chemical Co EMN	Watch	51	33	+18	AI & Disruption Referee72 Forensic Short-Seller52 Valuation Referee28
Esco Technologies Inc ESE	Watch	51	33	+18	AI & Disruption Referee72 Forensic Short-Seller52 Valuation Referee28
Interparfums Inc IPAR	Watch	51	34	+17	AI & Disruption Referee78 Forensic Short-Seller52 Valuation Referee22
Lyft, Inc. LYFT	Watch	51	32	+19	Valuation Referee55 AI & Disruption Referee52 Forensic Short-Seller45
MNTN, Inc. MNTN	Watch	51	46	+5	Valuation Referee52 AI & Disruption Referee52 Forensic Short-Seller48
NorthWestern Energy Group, Inc. NWE	Watch	51	33	+18	AI & Disruption Referee78 Forensic Short-Seller42 Valuation Referee32
PubMatic, Inc. PUBM	Watch	49	45	+4	AI & Disruption Referee52 Valuation Referee48 Forensic Short-Seller48
Taboola.com Ltd. TBLA	Watch	49	40	+9	Valuation Referee72 Forensic Short-Seller48 AI & Disruption Referee28
JBT MAREL Corp JBTM	Watch	47	33	+14	AI & Disruption Referee72 Forensic Short-Seller42 Valuation Referee28
Apple Inc. AAPL	Watch	46	30	+16	AI & Disruption Referee58 Forensic Short-Seller52 Valuation Referee28
Century Aluminum Co CENX	Watch	46	16	+30	AI & Disruption Referee78 Forensic Short-Seller42 Valuation Referee18
Magnite, Inc. MGNI	Watch	44	34	+10	AI & Disruption Referee52 Forensic Short-Seller48 Valuation Referee32
Victoria's Secret & Co. VSXY	Watch	44	22	+22	AI & Disruption Referee68 Forensic Short-Seller45 Valuation Referee18
Quinstreet, Inc QNST	Watch	43	34	+9	AI & Disruption Referee52 Forensic Short-Seller48 Valuation Referee28
Zeta Global Holdings Corp. ZETA	Watch	43	31	+12	AI & Disruption Referee58 Forensic Short-Seller42 Valuation Referee28
Caesars Entertainment, Inc. CZR	Watch	41	18	+23	AI & Disruption Referee72 Valuation Referee28 Forensic Short-Seller22
Teads Holding Co. TEAD	Avoid	19	9	+10	AI & Disruption Referee22 Valuation Referee18 Forensic Short-Seller18
Alpine Auto Brokers Inc. ALTB	Avoid	4	1	+3	AI & Disruption Referee5 Forensic Short-Seller5 Valuation Referee3

A style score re-reads verdicts the council already filed; it is not a separate assessment. Research, not advice.

What the referees rate.