TMS Insights February 2026
In this edition of TMS Insights, the boys unpack a chaotic reporting season, AI-driven panic, and the themes shaking up the SaaS space.
In a market that feels more emotional than rational, Jeremy & Ben continue the sentiment of running into the fire. They break down the widening gap between capital-light and capital-intensive businesses after the tech selloff, and what it means for long term investors.
CSL’s result was described as “very un-CSL”, now needing a big second half to hit expectations.It’s been brutal and illogical, but quality is starting to look very compelling from a valuation viewpoint.
Other stocks discussed include AMP, NCK, MQG, CBA, ANZ, REA, CAR, RMD and XRO.
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