By Nigam Arora Surgery Partners (SGRY) owns a large portfolio of surgical facilities across the U.S., including ambulatory surgery centers and short stay surgical hospitals.  The company partners with physicians to perform a wide range of procedures in lower cost outpatient settings, benefiting from the ongoing shift away from traditional hospital operating rooms. On the surface, this looks like a classic value opportunity.  Underneath, it is something more complex.  The business has real assets, real demand drivers, and real long term potential.  At the same time, there is a structural factor that is preventing that value from being realized in a

By Nigam Arora New Buy Zones Have Just Been Established We have just completed a full update of buy zones across our model portfolio, and this is not a routine refresh. The recent pullback has materially reset price levels, resulting in new buy zones being established across a range of high-quality stocks. Many of these stocks were trading above or near unfavorable entry ranges only weeks ago. That is no longer the case. The market has not simply declined—it has repositioned opportunity. These Are Not Ordinary Buy Zones It is important to understand that these buy zones are not derived from