Rockets and Duds: Week 60 - March 23, 2026

Chris White Mar 23, 2026
Headline image for Rockets and Duds: Week 60 - March 23, 2026

Well, the S&P 500 dropped for the fourth week in a row last week, and the Dow and the Russell 2000 indices both hit "correction" territory. Despair was everywhere. Pretty much everything, even gold, declined. This Iran War needs to end to get investors back on track. Here are last week's Rockets and Duds from the stock market.

Planet Labs PLC PL 🚀🚀🚀 

Question: When you are at war, what do you think is important? Answer: Why, knowing where your enemy is, of course. Planet Labs, a satellite imaging company, released an upbeat forecast, with expected growth of 35% this year. PL shares rose 36% on the news that governments are "clamouring" for satellite data. The shares are up 792% over 52 weeks. 

Solaredge Technologies SEDG 🚀🚀🚀 

Hey, remember when everyone hated solar stocks and the US government cut solar subsidies, as it didn't believe in climate change? That was so 2025. This year, with the price of oil rising 45% with the Iran War, investors suddenly remembered that something known as 'THE SUN' provides unlimited, free power. SEDG rose 38% last week as investors re-thought the solar theme, and Jeffries upgraded the stock. 

 

Babcok & Wlicox Enterprises BW 🚀🚀🚀 

Everyone loves to see short sellers get crushed, right? We know we do. BW shares fell to the low $10 range a week ago on a short sale report from Wolfpack Research. Wolfback questioned BW's giant $2.4 billion contract with Base Electron. But BW said, "ya, whatever dudes" and released guidance for strong growth along with some insider buying reports. BW shares gained 44% for the week and left short sellers crying. It is now up 139% this year and up more than 1,600% in the past 52 weeks. 

Super Micro Computer SMCI 🚫🚫🚫 

How to tell if the GPU market is still hot? GPUs, those chips made by Nvidia that power AI, were the focus of corporate espionage last week as the co-founder of SMCI was indicted for smuggling GPUs to China, violating US export controls on AI chips. According to Bloomberg, Yih-Shyan Liaw owned $450 million in SMCI stock, yet still felt the need to try to make more money as a smuggler. We can't make this stuff up. SMCI shares fell 33% last week.

🔓 SEDG was not on our Benchmark Beaters list last week, but many other tech names were - see the full list of our Benchmark Beaters report here 

Sailpoint Inc. SAIL 🚫🚫🚫 

Oh, those poor software companies. With the fear that AI will "eat" software, coming out with a weak forecast is the last thing a company wants to do. SAIL shares fell 21% last week as it did exactly that, bringing its year to date loss to 39%. Investors often dream of taking profits and buying a yacht one day. But with this one, they are just waving goodbye to their money as it SAILS away. 

 
Missed last week's Rockets and Duds?
Take Care,
Peter's Signature
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Analysts of 5i Research responsible for this report do not have a financial or other interest in securities mentioned. The i2i Fund has a financial or other interest in BW. Clients of i2i Capital Managements Private Investment Counsel service (i2i PIC) may hold a financial interest in any companies discussed and the views of i2i PIC may differ from the views of 5i Research.
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