Market Performance - NASDAQ 100 index is up approximately 22% year-to-date [3] - S&P 500 index has increased by about 18% [3] - Russell 2000 small cap index is up around 16% year-to-date [4] - Dow Jones index has risen by approximately 15% [4] - Technology sector has seen the best performance, increasing by about 25% year-to-date [4] - Communication services sector is up approximately 21% [4] - Gold has increased by 65% and silver by 139% [5] ETF Performance - iShares MSCI Global Silver Miners ETF is up about 206% [7] - Global X Gold Explorer ETF (GOEX) has increased by approximately 195% [7] - ProShares S&P Global Core Battery Metal ETF (ION) is up about 106% [9] - Sprott Critical Materials ETF has risen by approximately 96% [9] - Global X Disruptive Materials ETF (DMAT) is also up about 96% [9] - VanEck Rare Earth and Strategic Metals ETF (REMX) has increased by approximately 94% [9] - Global X Defense Tech ETF (SHLD) is up about 77% [13] - Stoxx Europe Aerospace and Defence ETF (EAD) has risen by approximately 73% [13] Key Drivers & Themes - Gains in gold are driven by persistent central bank buying [5] - Precious metals benefit from investors seeking alternatives to US dollar denominated assets [6] - Critical materials are driven by electrification, digitization, clean energy transition, and supply chain concentration [8] - Rising geopolitical tensions are fueling a boom in defense spending [13]

Zacks Rank评级 - Zacks 评级第一，强烈推荐买入的股票 [1] - Zacks 评级第五，强烈推荐卖出的股票 [1] 投资建议 - Zacks 提供未来 30 天内有望跑赢市场的七只股票 [1] - 访问 Zacks 网站可获取更多股票信息 [1]

Industry Focus - The report focuses on an electrical infrastructure powerhouse within the Autos-Tires-Trucks sector [1]

Stock Recommendations - Zacks 评级第一，强烈推荐买入的股票 [1] - Zacks 评级第五，强烈推荐卖出的股票 [1] - Zacks 提供未来 30 天内有望跑赢市场的七只股票 [1] Resources - 访问 zachs.com/bull 获取更多信息 [1]

Core Focus - The document emphasizes "Heat" repeatedly [1] Potential Interpretations - The industry may be focused on a topic or trend referred to as "Heat" [1] - The document could be highlighting the importance or urgency of "Heat" [1]

Investment Strategy - Zacks 筛选出 Zacks 排名靠前、增长风格评分高且销售额实现两位数增长的股票 [1] Resources and Services - Zacks 提供多种服务，包括 Zacks Ultimate [1] - 访问 Zacks 网站可获取更多信息 [1] - 关注 Stocktwits 上的 ZacksResearch 账户 [1] - Zacks 提供每周促销活动 [1]

Investment Recommendation - Zach's equity strategist recommends buying the dip in Comfort Systems USA (FIX) and Anigo Eagle Mines (AEM), both considered capital efficient stocks [1][11] - Both stocks have shown year-to-date gains of over 100% despite recent pullbacks [1] - The recommendation is supported by positive EPS revisions, magnifying expectations of high double-digit earnings growth in fiscal years 2025 and 2026 [11] Comfort Systems USA (FIX) Analysis - Comfort Systems dominates as a provider of comprehensive heating, ventilation, and air conditioning systems and services [2] - The stock has increased over 670% in the last three years and has traded at an all-time peak of over $1,000 [3] - Return on invested capital (ROIC) has soared to 35.9%, significantly higher than the industry average of 6% [4][5] - Invested capital funds are at new peaks of $2.75 billion [6] - Free cash flow conversion rate is above 80%, indicating efficiency in turning accounting profits into cash [6] - The company has returned over $500 million to shareholders this year via stock buybacks and a modest but increasing annual dividend, currently at $2.40 per share, which has grown by 39% in the last 5 years [7] Anigo Eagle Mines (AEM) Analysis - Anigo Eagle Mines has capitalized on historically high gold prices and has emerged as a leader among gold miners [2][7] - The stock hit a high of $187 a share in October, with total returns of more than 200% in the last three years [7] - Return on invested capital (ROIC) is currently at new peaks of 12%, surpassing the basin material sector's average of 4.33% [8] - Invested capital has swelled to record highs of $3 billion [9] - Free cash flow conversion rate is 106% [9] - The gold miner has returned nearly $900 million to shareholders in 2025 through its 0.96% annual dividend yield and stock repurchases [10]

Zacks Rank评级 - Zacks 评级第一，强烈推荐买入的股票 [1] - Zacks 评级第五，强烈推荐卖出的股票 [1] 投资建议 - Zacks 提供未来 30 天内有望跑赢市场的七只股票 [1] - 访问 Zacks 网站 (zacks.com/bull) 获取更多信息 [1]

Zacks Rank评级 - Zacks 评级第一，强烈推荐买入的股票 [1] - Zacks 评级第五，强烈推荐卖出的股票 [1] 投资建议 - Zacks 提供未来 30 天内有望跑赢市场的七只股票 [1] - 访问 Zacks 网站可获取更多股票信息 [1]

Zacks Rank评级 - Zacks 评级第一，强烈推荐买入的股票 [1] - Zacks 评级第五，强烈推荐卖出的股票 [1] 投资建议 - Zacks 提供未来 30 天内有望跑赢市场的七只股票 [1] - 访问 Zacks 网站可获取更多股票信息 [1]