5 Nasdaq stocks I think the market is sleeping on. What am I missing?

Been doing some digging lately, looking for names that aren’t riding the AI hype wave but still have solid fundamentals. NOT: NFA

Here’s what caught my eye:

**1. Micron (MU)**

Right in the middle of the HBM memory demand story powering AI servers. Yet it’s trading at a forward P/E of \~12. Same theme as a lot of pricey names out there, but priced like a boring cyclical. Maybe the market doesn’t trust the cycle this time, but I think this one’s different.

**2. Lululemon (LULU)**

Down 44% in a year. Trailing P/E 12, EV/EBITDA under 7, ROE still at 34%. The business quality hasn’t deteriorated. The market is punishing a CEO transition and a soft quarter way harder than seems warranted. Burry and Elliott have both taken positions. Analyst consensus target is \~40% above current price.

**3. Global-E Online (GLBE)**

Cross-border e-commerce infrastructure. Just turned profitable for the first time, analysts projecting \~32% annual earnings growth, and the stock is trading at roughly half its DCF value. Flies under the radar because of the small cap size.

**4. Tenable Holdings (TENB)**

Cybersecurity spend isn’t slowing down but Tenable keeps getting overshadowed by the bigger names. Just returned to profitability, trading \~35-40% below estimated intrinsic value. Boring but solid.

**5. Ondas (ONDS)**

Drone and private wireless solutions, strong defense angle. Q1 revenue grew more than 10x year-over-year and flipped to profit. Micro-cap, volatile, high risk. But the price doesn’t seem to reflect what’s actually happening in the business yet.