Risk / cycle / macro — ratings by style

3 seats: Howard Marks · Ray Dalio · Stanley Druckenmiller. 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. 0 of 130 would be a buy on this style alone.

					The seats
Range Resources Corp RRC	Watch	67	63	+4	Ray Dalio74 Howard Marks74 Stanley Druckenmiller52
Innoviva, Inc. INVA	Watch	64	58	+6	Howard Marks74 Ray Dalio72 Stanley Druckenmiller45
Incyte Corp INCY	Watch	63	63	+0	Ray Dalio72 Stanley Druckenmiller58 Howard Marks58
TechnipFMC plc FTI	Watch	62	63	-1	Stanley Druckenmiller76 Ray Dalio58 Howard Marks52
Catalyst Pharmaceuticals, Inc. CPRX	Watch	61	66	-5	Ray Dalio72 Howard Marks58 Stanley Druckenmiller52
InterDigital, Inc. IDCC	Watch	61	68	-7	Ray Dalio72 Stanley Druckenmiller58 Howard Marks52
Ituran Location & Control Ltd. ITRN	Watch	61	68	-7	Ray Dalio72 Howard Marks58 Stanley Druckenmiller52
Resmed Inc RMD	Watch	61	63	-2	Ray Dalio72 Howard Marks58 Stanley Druckenmiller52
Azz Inc AZZ	Watch	60	58	+2	Ray Dalio72 Howard Marks55 Stanley Druckenmiller52
Ensign Group, Inc ENSG	Watch	60	58	+2	Ray Dalio72 Howard Marks55 Stanley Druckenmiller52
GigaCloud Technology Inc GCT	Watch	60	63	-3	Howard Marks72 Ray Dalio55 Stanley Druckenmiller52
Laureate Education, Inc. LAUR	Watch	60	63	-3	Ray Dalio72 Howard Marks55 Stanley Druckenmiller52
PERDOCEO EDUCATION Corp PRDO	Watch	60	63	-3	Ray Dalio72 Howard Marks55 Stanley Druckenmiller52
Alibaba Group Holding Ltd BABA	Watch	59	56	+3	Howard Marks72 Ray Dalio52 Stanley Druckenmiller52
Maplebear Inc. CART	Watch	59	58	+1	Howard Marks72 Ray Dalio52 Stanley Druckenmiller52
Chemed Corp CHE	Watch	59	66	-7	Ray Dalio72 Howard Marks58 Stanley Druckenmiller48
NEWMONT Corp /DE/ NEM	Watch	59	58	+1	Ray Dalio78 Howard Marks72 Stanley Druckenmiller28
Pinterest, Inc. PINS	Watch	59	58	+1	Howard Marks72 Ray Dalio52 Stanley Druckenmiller52
Hanover Insurance Group, Inc. THG	Watch	59	56	+3	Ray Dalio74 Stanley Druckenmiller52 Howard Marks52
Cal-Maine Foods Inc CALM	Watch	58	63	-5	Ray Dalio74 Howard Marks72 Stanley Druckenmiller28
NetEase, Inc. NTES	Watch	58	63	-5	Howard Marks74 Ray Dalio52 Stanley Druckenmiller48
Signet Jewelers Ltd SIG	Watch	57	63	-6	Howard Marks72 Ray Dalio52 Stanley Druckenmiller48
Black Stone Minerals, L.P. BSM	Watch	56	48	+8	Ray Dalio72 Howard Marks52 Stanley Druckenmiller45
Exelixis, Inc. EXEL	Watch	56	64	-8	Ray Dalio58 Stanley Druckenmiller58 Howard Marks52
Global Ship Lease, Inc. GSL	Watch	56	58	-2	Ray Dalio58 Howard Marks58 Stanley Druckenmiller52
CarGurus, Inc. CARG	Watch	55	66	-11	Stanley Druckenmiller58 Howard Marks55 Ray Dalio52
Boston Beer Co Inc SAM	Watch	55	58	-3	Ray Dalio72 Howard Marks72 Stanley Druckenmiller22
Atour Lifestyle Holdings Ltd ATAT	Watch	54	64	-10	Howard Marks58 Ray Dalio52 Stanley Druckenmiller52
dLocal Ltd DLO	Watch	54	54	+0	Stanley Druckenmiller58 Ray Dalio52 Howard Marks52
Drdgold Ltd DRD	Watch	54	48	+6	Ray Dalio58 Stanley Druckenmiller52 Howard Marks52
Duolingo, Inc. DUOL	Watch	54	66	-12	Stanley Druckenmiller58 Ray Dalio52 Howard Marks52
IBEX Ltd IBEX	Watch	54	54	+0	Ray Dalio55 Howard Marks55 Stanley Druckenmiller52
Grand Canyon Education, Inc. LOPE	Watch	54	63	-9	Ray Dalio72 Howard Marks58 Stanley Druckenmiller32
Paylocity Holding Corp PCTY	Watch	54	58	-4	Stanley Druckenmiller58 Ray Dalio52 Howard Marks52
Yum China Holdings, Inc. YUMC	Watch	54	63	-9	Ray Dalio55 Howard Marks55 Stanley Druckenmiller52
Amazon Com Inc AMZN	Watch	53	52	+1	Stanley Druckenmiller78 Ray Dalio52 Howard Marks28
Cameco Corp CCJ	Watch	53	48	+5	Stanley Druckenmiller58 Ray Dalio52 Howard Marks48
Columbia Banking System, Inc. COLB	Watch	53	56	-3	Howard Marks55 Ray Dalio52 Stanley Druckenmiller52
Deckers Outdoor Corp DECK	Watch	53	74	-21	Howard Marks58 Ray Dalio52 Stanley Druckenmiller48
Euroseas Ltd. ESEA	Watch	53	54	-1	Howard Marks58 Ray Dalio52 Stanley Druckenmiller48
Marzetti Co MZTI	Watch	53	62	-9	Ray Dalio72 Howard Marks58 Stanley Druckenmiller28
UiPath, Inc. PATH	Watch	53	58	-5	Howard Marks55 Ray Dalio52 Stanley Druckenmiller52
Pegasystems Inc PEGA	Watch	53	64	-11	Howard Marks72 Ray Dalio55 Stanley Druckenmiller32
Ptc Inc. PTC	Watch	53	62	-9	Howard Marks55 Ray Dalio52 Stanley Druckenmiller52
Qualys, Inc. QLYS	Watch	53	63	-10	Ray Dalio55 Stanley Druckenmiller52 Howard Marks52
Ryanair Holdings Plc RYAAY	Watch	53	52	+1	Howard Marks55 Ray Dalio52 Stanley Druckenmiller52
Tidewater Inc TDW	Watch	53	45	+8	Ray Dalio55 Stanley Druckenmiller52 Howard Marks52
Teekay Tankers Ltd. TNK	Watch	53	38	+15	Stanley Druckenmiller55 Ray Dalio52 Howard Marks52
Uber Technologies, Inc UBER	Watch	53	54	-1	Stanley Druckenmiller58 Ray Dalio52 Howard Marks48
Valley National Bancorp VLY	Watch	53	52	+1	Howard Marks55 Ray Dalio52 Stanley Druckenmiller52
Abercrombie & Fitch Co /De/ ANF	Watch	52	58	-6	Ray Dalio52 Stanley Druckenmiller52 Howard Marks52
Banc Of California, Inc. BANC-PF	Watch	52	50	+2	Ray Dalio52 Howard Marks52
Cullen/Frost Bankers, Inc. CFR	Watch	52	52	+0	Ray Dalio52 Stanley Druckenmiller52 Howard Marks52
Cirrus Logic, Inc. CRUS	Watch	52	60	-8	Ray Dalio52 Stanley Druckenmiller52 Howard Marks52
Four Corners Property Trust, Inc. FCPT	Watch	52	52	+0	Ray Dalio52 Howard Marks52
First Solar, Inc. FSLR	Watch	52	52	+0	Ray Dalio52 Stanley Druckenmiller52 Howard Marks52
Levi Strauss & Co LEVI	Watch	52	45	+7	Ray Dalio52 Stanley Druckenmiller52 Howard Marks52
Oceaneering International Inc OII	Watch	52	42	+10	Ray Dalio52 Stanley Druckenmiller52 Howard Marks52
SouthState Bank Corp SSB	Watch	52	54	-2	Ray Dalio52 Stanley Druckenmiller52 Howard Marks52
Tetra Tech Inc TTEK	Watch	52	48	+4	Ray Dalio55 Howard Marks52 Stanley Druckenmiller48
Urban Outfitters Inc URBN	Watch	52	54	-2	Ray Dalio52 Stanley Druckenmiller52 Howard Marks52
Accenture plc ACN	Watch	51	66	-15	Howard Marks74 Ray Dalio52 Stanley Druckenmiller28
Build-A-Bear Workshop Inc BBW	Watch	51	63	-12	Howard Marks72 Ray Dalio52 Stanley Druckenmiller28
Buckle Inc BKE	Watch	51	58	-7	Howard Marks72 Ray Dalio52 Stanley Druckenmiller28
Bank Of Hawaii Corp BOH	Watch	51	51	+0	Ray Dalio52 Howard Marks52 Stanley Druckenmiller48
Chord Energy Corp CHRD	Watch	51	34	+17	Ray Dalio52 Howard Marks52 Stanley Druckenmiller48
Viant Technology Inc. DSP	Watch	51	54	-3	Stanley Druckenmiller52 Howard Marks52 Ray Dalio48
Epr Properties EPR	Watch	51	50	+1	Ray Dalio52 Howard Marks52 Stanley Druckenmiller48
Five Below, Inc FIVE	Watch	51	48	+3	Ray Dalio52 Stanley Druckenmiller52 Howard Marks48
Gentex Corp GNTX	Watch	51	63	-12	Howard Marks72 Ray Dalio52 Stanley Druckenmiller28
PDD Holdings Inc. PDD	Watch	51	56	-5	Howard Marks58 Ray Dalio48 Stanley Druckenmiller48
Atlassian Corp TEAM	Watch	51	56	-5	Stanley Druckenmiller52 Howard Marks52 Ray Dalio48
Ulta Beauty, Inc. ULTA	Watch	51	56	-5	Ray Dalio52 Howard Marks52 Stanley Druckenmiller48
Yelp Inc YELP	Watch	51	63	-12	Howard Marks74 Ray Dalio52 Stanley Druckenmiller28
Factset Research Systems Inc FDS	Watch	50	60	-10	Ray Dalio55 Stanley Druckenmiller48 Howard Marks48
GLOBAL INDUSTRIAL Co GIC	Watch	50	54	-4	Howard Marks55 Ray Dalio52 Stanley Druckenmiller42
Murphy Oil Corp MUR	Watch	50	40	+10	Ray Dalio52 Howard Marks52 Stanley Druckenmiller45
American Eagle Outfitters Inc AEO	Watch	49	45	+4	Howard Marks52 Ray Dalio48 Stanley Druckenmiller48
Conagra Brands Inc. CAG	Watch	49	48	+1	Howard Marks72 Ray Dalio52 Stanley Druckenmiller22
Inspire Medical Systems, Inc. INSP	Watch	49	58	-9	Howard Marks72 Ray Dalio52 Stanley Druckenmiller22
lululemon athletica inc. LULU	Watch	49	58	-9	Howard Marks72 Ray Dalio52 Stanley Druckenmiller22
Smith A O Corp AOS	Watch	48	63	-15	Ray Dalio58 Howard Marks58 Stanley Druckenmiller28
PubMatic, Inc. PUBM	Watch	48	45	+3	Howard Marks52 Stanley Druckenmiller48 Ray Dalio45
Microsoft Corp MSFT	Watch	47	48	-1	Stanley Druckenmiller58 Ray Dalio52 Howard Marks32
Silgan Holdings Inc SLGN	Watch	47	54	-7	Howard Marks58 Ray Dalio55 Stanley Druckenmiller28
Weatherford International plc WFRD	Watch	47	52	-5	Ray Dalio55 Howard Marks55 Stanley Druckenmiller32
Barrett Business Services Inc BBSI	Watch	46	54	-8	Howard Marks55 Ray Dalio52 Stanley Druckenmiller31
Doximity, Inc. DOCS	Watch	46	63	-17	Howard Marks55 Ray Dalio52 Stanley Druckenmiller32
Bellring Brands, Inc. BRBR	Watch	45	58	-13	Howard Marks55 Ray Dalio52 Stanley Druckenmiller28
Climb Global Solutions, Inc. CLMB	Watch	45	48	-3	Ray Dalio52 Howard Marks52 Stanley Druckenmiller32
Caledonia Mining Corp Plc CMCL	Watch	45	42	+3	Howard Marks55 Ray Dalio52 Stanley Druckenmiller28
Gap Inc GAP	Watch	45	48	-3	Howard Marks55 Ray Dalio52 Stanley Druckenmiller28
Hess Midstream LP HESM	Watch	45	48	-3	Ray Dalio55 Howard Marks52 Stanley Druckenmiller28
Intuit Inc. INTU	Watch	45	62	-17	Howard Marks55 Ray Dalio52 Stanley Druckenmiller28
Sanfilippo John B & Son Inc JBSS	Watch	45	48	-3	Ray Dalio55 Howard Marks52 Stanley Druckenmiller28
Monarch Casino & Resort Inc MCRI	Watch	45	38	+7	Ray Dalio52 Stanley Druckenmiller52 Howard Marks32
Nvr Inc NVR	Watch	45	58	-13	Howard Marks55 Ray Dalio52 Stanley Druckenmiller28
TE Connectivity plc TEL	Watch	45	42	+3	Ray Dalio52 Stanley Druckenmiller52 Howard Marks32
Bio-Rad Laboratories, Inc. BIO	Watch	44	34	+10	Ray Dalio52 Howard Marks52 Stanley Druckenmiller28
Esco Technologies Inc ESE	Watch	44	33	+11	Ray Dalio52 Stanley Druckenmiller52 Howard Marks28
Flexsteel Industries Inc FLXS	Watch	44	54	-10	Howard Marks55 Ray Dalio48 Stanley Druckenmiller28
Infosys Ltd INFY	Watch	44	54	-10	Ray Dalio52 Howard Marks52 Stanley Druckenmiller28
LiveRamp Holdings, Inc. RAMP	Watch	44	38	+6	Ray Dalio52 Howard Marks52 Stanley Druckenmiller28
YETI Holdings, Inc. YETI	Watch	44	38	+6	Stanley Druckenmiller52 Ray Dalio48 Howard Marks32
Best Buy Co Inc BBY	Watch	43	45	-2	Howard Marks52 Ray Dalio48 Stanley Druckenmiller28
JBT MAREL Corp JBTM	Watch	43	33	+10	Ray Dalio48 Stanley Druckenmiller48 Howard Marks32
MNTN, Inc. MNTN	Watch	43	46	-3	Howard Marks52 Ray Dalio48 Stanley Druckenmiller28
Cheesecake Factory Inc CAKE	Watch	42	33	+9	Stanley Druckenmiller48 Ray Dalio45 Howard Marks32
National Beverage Corp FIZZ	Watch	42	48	-6	Ray Dalio52 Howard Marks52 Stanley Druckenmiller22
Greif, Inc GEF	Watch	42	42	+0	Ray Dalio52 Howard Marks52 Stanley Druckenmiller22
Taboola.com Ltd. TBLA	Watch	42	40	+2	Howard Marks55 Ray Dalio48 Stanley Druckenmiller22
Eastman Chemical Co EMN	Watch	41	33	+8	Ray Dalio48 Howard Marks48 Stanley Druckenmiller28
Alphabet Inc. GOOG	Watch	41	42	-1	Stanley Druckenmiller58 Ray Dalio32 Howard Marks32
Lyft, Inc. LYFT	Watch	41	32	+9	Howard Marks52 Ray Dalio42 Stanley Druckenmiller28
Trade Desk, Inc. TTD	Watch	41	54	-13	Howard Marks55 Ray Dalio45 Stanley Druckenmiller22
Zeta Global Holdings Corp. ZETA	Watch	41	31	+10	Stanley Druckenmiller62 Ray Dalio32 Howard Marks28
Agree Realty Corp ADC-PA	Watch	40	48	-8	Ray Dalio48 Howard Marks32
Brighthouse Financial, Inc. BHFAL	Watch	40	48	-8	Howard Marks52 Ray Dalio45 Stanley Druckenmiller22
Magnite, Inc. MGNI	Watch	40	34	+6	Stanley Druckenmiller55 Ray Dalio32 Howard Marks32
Century Aluminum Co CENX	Avoid	36	16	+20	Stanley Druckenmiller52 Ray Dalio28 Howard Marks28
Quinstreet, Inc QNST	Avoid	36	34	+2	Stanley Druckenmiller52 Ray Dalio28 Howard Marks28
NorthWestern Energy Group, Inc. NWE	Avoid	35	33	+2	Ray Dalio52 Howard Marks32 Stanley Druckenmiller22
Rithm Capital Corp. RITM-PA	Avoid	34	50	-16	Howard Marks52 Ray Dalio28 Stanley Druckenmiller22
Victoria's Secret & Co. VSXY	Avoid	34	22	+12	Stanley Druckenmiller52 Ray Dalio28 Howard Marks22
Brighthouse Financial, Inc. BHFAM	Avoid	33	32	+1	Howard Marks52 Ray Dalio28 Stanley Druckenmiller18
Interparfums Inc IPAR	Avoid	33	34	-1	Ray Dalio48 Stanley Druckenmiller28 Howard Marks22
Apple Inc. AAPL	Avoid	27	30	-3	Ray Dalio32 Stanley Druckenmiller28 Howard Marks22
Caesars Entertainment, Inc. CZR	Avoid	24	18	+6	Howard Marks28 Ray Dalio22 Stanley Druckenmiller22
Teads Holding Co. TEAD	Avoid	17	9	+8	Howard Marks22 Ray Dalio18 Stanley Druckenmiller12
Alpine Auto Brokers Inc. ALTB	Avoid	3	1	+2	Ray Dalio3 Howard Marks3

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

What the risk investors rate.