Validea Kenneth Fisher Strategy Daily Upgrade Report - 10/30/2025

The following are today's upgrades for Validea's Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.

ORASURE TECHNOLOGIES INC (OSUR) is a small-cap value stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Kenneth Fisher changed from 58% to 70% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: OraSure Technologies, Inc. provides point-of-care and home diagnostic tests and sample management solutions. The Company's product portfolio is divided into diagnostics products and sample management solutions. Its business consists of the development, manufacture, marketing and sale of diagnostic products and specimen collection devices using its technologies, as well as other diagnostic products, including immunoassays and other in vitro diagnostic tests that are used on other specimen types. Its diagnostic products include tests for diseases including COVID-19, HIV, Hepatitis C and Syphilis that are performed on a rapid basis at the point of care. Its business also includes sample management solutions and services that are used by clinical laboratories, direct-to-consumer laboratories, researchers, pharmaceutical companies, and animal health service and product providers.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. PRICE/SALES RATIO:PASSTOTAL DEBT/EQUITY RATIO:PASSPRICE/RESEARCH RATIO:PASSPRICE/SALES RATIO:FAILLONG-TERM EPS GROWTH RATE:FAILFREE CASH PER SHARE:PASSTHREE YEAR AVERAGE NET PROFIT MARGIN:FAIL

Detailed Analysis of ORASURE TECHNOLOGIES INC

OSUR Guru Analysis

OSUR Fundamental Analysis

STRIDE INC (LRN) is a mid-cap value stock in the Schools industry. The rating according to our strategy based on Kenneth Fisher changed from 68% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: Stride, Inc. is a technology company providing an educational platform to deliver online learning to students throughout the U.S. It provides a range of services including K-12 education, career learning, professional skills training, and talent development. Its platform hosts products and services to attract, enroll, educate, track progress, and support students. These products and services, spanning curriculum, systems, instruction, and support services, are designed to help learners of all ages reach their full potential through inspired teaching and personalized learning. Its platform addresses two markets in the K-12 space: General Education and Career Learning. Products and services for the General Education market are focused on core subjects for kindergarten through twelfth grade students to help build a common foundation of knowledge. Career Learning products and services are focused on developing skills to enter and succeed in careers in high-growth and in-demand industries.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. PRICE/SALES RATIO:PASSTOTAL DEBT/EQUITY RATIO:PASSPRICE/RESEARCH RATIO:PASSPRICE/SALES RATIO:FAILLONG-TERM EPS GROWTH RATE:PASSFREE CASH PER SHARE:PASSTHREE YEAR AVERAGE NET PROFIT MARGIN:PASS

Detailed Analysis of STRIDE INC

LRN Guru Analysis

LRN Fundamental Analysis

SUBSEA 7 SA (ADR) (SUBCY) is a mid-cap growth stock in the Oil Well Services & Equipment industry. The rating according to our strategy based on Kenneth Fisher changed from 50% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: Subsea 7 S.A. is the holding company engaged in the delivery of offshore projects and services for the evolving energy industry. The Companys segments include Subsea and Conventional, Renewables and Corporate. It provides products and services required for subsea field development, including project management, design and engineering, procurement, fabrication, survey, installation and commissioning of production facilities on the seabed and the tie-back of these facilities to fixed or floating platforms or to the shore. It offers a full spectrum of products and capabilities, including remotely operated vehicles and tooling services to support exploration and production activities and to deliver full life-of-field services to its clients. Through its Renewables business unit, it offers expertise in the fixed and floating offshore wind market, including the procurement and installation of offshore wind turbine foundations and inner array cables as well as heavy lifting operations.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. PRICE/SALES RATIO:PASSTOTAL DEBT/EQUITY RATIO:PASSPRICE/RESEARCH RATIO:PASSPRICE/SALES RATIO:PASSLONG-TERM EPS GROWTH RATE:FAILFREE CASH PER SHARE:PASSTHREE YEAR AVERAGE NET PROFIT MARGIN:FAIL

Detailed Analysis of SUBSEA 7 SA (ADR)

SUBCY Guru Analysis

SUBCY Fundamental Analysis

OPENLANE INC (KAR) is a mid-cap growth stock in the Retail (Specialty) industry. The rating according to our strategy based on Kenneth Fisher changed from 58% to 70% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: OPENLANE, Inc. provides sellers and buyers across the global wholesale used vehicle industry with technology-driven remarketing solutions. The Company offers a digital marketplace for used vehicles, connecting sellers and buyers across North America and Europe. Its end-to-end platform supports the whole car, financing, logistics and other ancillary and related services. Its segments include Marketplace and Finance. Marketplace segment serves its customer base through digital marketplaces in the United States, Canada and Europe and vehicle logistics center locations across Canada. This segment includes private label remarketing solutions, which are offered to automobile manufacturers, captive finance companies and other commercial customers to offer vehicles digitally. Through Automotive Finance Corporation, the Finance segment provides short-term, inventory-secured financing, known as floorplan financing, primarily to independent vehicle dealers throughout the United States and Canada.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. PRICE/SALES RATIO:PASSTOTAL DEBT/EQUITY RATIO:PASSPRICE/RESEARCH RATIO:PASSPRICE/SALES RATIO:FAILLONG-TERM EPS GROWTH RATE:FAILFREE CASH PER SHARE:PASSTHREE YEAR AVERAGE NET PROFIT MARGIN:FAIL

Detailed Analysis of OPENLANE INC

KAR Guru Analysis

KAR Fundamental Analysis

Kenneth Fisher Portfolio

About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink.

About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.