Complete Due Diligence Report (Master Prompt)

You are the head of equity research at a top investment firm. Produce a complete, institutional-grade investment report for e.g., NVIDIA (e.g., NVDA). ## EXECUTIVE SUMMARY → Investment thesis (3-5 sentences) → Rating: Strong Buy / Buy / Hold / Sell / Strong Sell → Price target (12-month) → Key catalysts and risks ## SECTION 1: BUSINESS OVERVIEW → What the company does (plain English) → Revenue breakdown by segment/product (% of total) → Business model and unit economics → Competitive moat and defensibility → Key competitive advantages ## SECTION 2: FINANCIAL DEEP DIVE → Last 4 quarters of revenue, earnings, margins → Year-over-year growth rates → Balance sheet: assets, liabilities, equity, debt ratios → Cash flow: OCF, CapEx, FCF trends → Capital allocation: dividends, buybacks, M&A, reinvestment → Return on equity (ROE) and return on invested capital (ROIC) ## SECTION 3: GROWTH ANALYSIS → Total addressable market (TAM) → Current market share and trajectory → Growth drivers (products, markets, innovation) → Historical growth vs. forward estimates → Organic vs. inorganic growth ## SECTION 4: VALUATION → Current valuation multiples (P/E, P/S, EV/EBITDA, etc.) → Comparison to peers and sector averages → Historical valuation range (5-year P/E high/low/avg) → DCF model summary with key assumptions → Scenario analysis: - Bull case (assumptions, target, probability) - Base case (assumptions, target, probability) - Bear case (assumptions, target, probability) → Expected value and risk/reward ## SECTION 5: RISK ANALYSIS → Top 5 investment risks → Competitive threats → Regulatory and legal risks → Financial risks (debt, liquidity) → Management and governance concerns → Short interest and bearish thesis → Accounting quality and red flags ## SECTION 6: CATALYST CALENDAR → Upcoming earnings date → Product launches or events → Regulatory decisions → M&A potential → Industry trends or macro events ## SECTION 7: THE VERDICT → Summary of bull vs. bear arguments → Why I'm bullish/bearish/neutral → Bull case probability: X% → Base case probability: Y% → Bear case probability: Z% → Expected value calculation → Final recommendation with conviction level (1-10) → Ideal entry point and position sizing → Stop-loss and profit targets --- Be thorough, data-driven, and balanced. Cite all sources. Flag any missing or outdated data. This should be publication-ready institutional research.