Auto Callable ETFs Overview - Auto callable ETFs are new and complex products gaining popularity due to high dividend/coupon payments [1] - These ETFs democratize investing by making complex strategies, previously exclusive to wealthy individuals via structured notes, accessible to retail investors [4] - Auto callable ETFs function like bonds with income and principal payments tied to equity market performance above specific levels [5] Key Features and Risks - Auto callables offer higher monthly coupons than traditional fixed income but with capped upside potential [6] - A significant market decline could suspend coupon payments and, in severe cases, result in principal loss [6] - Key terms include the referenced index, coupon barrier (e g 30% or 40%), and principal barrier [7] Specific ETF Products - Calamos launched the first auto callable ETF, backed by JP Morgan, with over 400 million in assets [8] - The Calamos ETF replicates a portfolio of auto callable notes linked to the S&P 500, specifically the Mercube US Large Cap Wall Advantage Index, holding a ladder of about 52 notes maturing weekly [9] - Calamos also launched another ETF linked to the NASDAQ 100 with a 30% coupon barrier, while the S&P 500 linked ETF has a 40% barrier [12] - Innovator launched an auto callable ETF (ACII) holding laddered swaps linked to the S&P 500 (SPY), NASDAQ 100 (QQQ), and small-cap ETF (IWM), with performance tied to the worst-performing index and a 30% barrier [15] Performance and Suitability - The Calamos product tracks the Mercube index, which has slightly underperformed the S&P 500 since inception but has similar performance over the past 10 years [19] - These ETFs are suitable for investors needing high income, with a neutral to slightly bullish market outlook, comfortable capping upside for steady payouts [16][17]

Company Overview & Market Position - Vertiv Holdings (VRT) is a global designer and manufacturer of digital infrastructure technologies for communication networks and data centers [2] - Vertiv partners with Nvidia in a high-density reference design for extreme power and thermal requirements of Nvidia's 72 GPU rack scale systems [3] - Coherent Corporation is a global leader in lasers, optics, and photonic components used across various industries including AI [16] - Coherent is emerging as an important player in AI due to the shift towards silicon and photonics-based networking in data centers [15][19] Industry & Ranking - Vertiv Holdings is part of the Zach's Computers IT Services Industry Group, ranked in the top 32% [7] - The top 50% of Zach's ranked industries outperforms the bottom 50% by a factor of more than 2:1 [8] - Coherent has a Zach Rank of 2, driven by analyst upgrades [22] Financial Performance & Estimates (Vertiv) - Vertiv has delivered a 1489% average earning surprise over the last four quarters [9] - Vertiv reported third-quarter earnings of $124 per share, a 24% beat versus the Zach's consensus estimate, with earnings growing 63% from the same period last year [10] - Estimates for Vertiv's fourth quarter have been increased by 323% in the past 60 days [11] - Vertiv's Q4 Zach's consensus estimate now stands at $128 per share, reflecting potential growth of nearly 30% relative to the year-ago period [12] - Vertiv's revenues in the fourth quarter are projected to climb more than 22% to $286 billion [12] Financial Performance & Estimates (Coherent) - Analysts covering Coherent have unanimously upgraded their earnings estimates [22] - Coherent's current quarter estimates have jumped by 8%, next quarter is up by 95% [22] - Coherent's current year estimates have increased by almost 10% over the last 30 days, and next year earnings estimates have risen by 4% [23] - Coherent's sales are expected to grow 15% this year and 145% next year [23] - Coherent's earnings are expected to grow 256% annually over the next three to five years [25] Stock Performance & Valuation - Vertiv (VRT) stock is up nearly 200% off the April lows [12] - Coherent's stock is up approximately 50% this year and has tripled from the April lows from $50 to $161 [26] - Coherent is trading at 327 times forward earnings [25]

[music] Take a look at today's bull of the day. A Zach's ranked number one, strong buy. [music] [music] And today's bear of the day, a Zach's rank number five, strong cell.[music] Visit zachs. com/bull to get seven stocks set to outperform the market over the next 30 days. ...

Stock Recommendations - Zacks ranks a stock as a number one, strong buy [1] - Zacks identifies a stock as a number five, strong sell [1] Investment Opportunities - Zacks offers seven stocks predicted to outperform the market in the next 30 days [1] Resources - Zacks encourages viewers to visit zachs.com/bull for stock information [1]

General Observation - The document emphasizes the word "Heat" repeatedly [1] Potential Interpretations (Depending on Industry Context) - (Energy/Environment) Could indicate a focus on rising temperatures or climate change concerns [1] - (Technology) Might refer to thermal management challenges in electronic devices [1] - (Finance/Market) Could symbolize a "hot" market or investment opportunity [1]

Financial Performance - Nvidia's Q3 sales grew 62% year-over-year to a quarterly record of $57 billion [3] - Nvidia's Q3 EPS grew 60% to $1.30 per share [3] - Nvidia expects Q4 sales to reach a new quarterly peak of $65 billion, plus or minus 2% [6] Market Trends and Growth Drivers - Nvidia's sequential sales growth stretched 22% from $46.74 billion last quarter, indicating strong demand [4] - Nvidia's lifted outlook shows the AI demand explosion is very much alive, particularly in AI training and inference workloads [6] - Strategic partnerships with OpenAI, Uber, and Elon Musk's X AI are keeping Nvidia at the center of the AI ecosystem [7] - Analysts are actively upgrading price targets for Nvidia, with the average price target suggesting a 28% upside [9][10] Future Products and Technology - Nvidia's Vera Rubin platform, the successor to its black whale architecture, is scheduled to launch in Q3 2026 [8]

Investment Opportunities in AI Infrastructure Stocks - AI infrastructure stocks are currently on sale after a recent sell-off, presenting a buying opportunity [2][4] - Sterling Infrastructure (STRL), Eaton (ETN), and Vertiv (VRT) are highlighted as potential investment options in the AI infrastructure sector [5][18][25] - Pullbacks in AI stocks are considered healthy and provide opportunities to buy at better valuations [28][42] Company Performance and Growth - Sterling Infrastructure's sales are expected to grow by 12.6% this year and 19% in 2026, approaching $3 billion, with a record backlog of over $2 billion [11][13] - Sterling Infrastructure's earnings are projected to grow by 56.9% in 2025 and 14.7% in 2026 [13] - Eaton is experiencing steady double-digit growth, with sales expected to increase by 106% this year and 9.9% next year [21] - Vertiv's earnings are expected to increase by 44% in 2025 and 26% in 2026, with sales growing by 27% this year and 20.6% next year [29][30] Valuation and Market Dynamics - Sterling Infrastructure's PE ratio is 34.8%, with a PEG ratio of 2.3% [15][16] - Eaton has a forward PE of 28 and a PEG ratio of 2.5% [21] - Vertiv has a forward PE of 40.5% and a PEG ratio of 1.35% [31][32] - Analysts are generally bullish on Vertiv, with seven estimates higher in the last 30 days and no cuts [33][34]

Stock Recommendations - Zacks 排名第一的股票为强力买入评级 [1] - Zacks 排名第五的股票为强力卖出评级 [1] Investment Opportunities - Zacks 提供未来 30 天内有望跑赢市场的七只股票 [1] - 访问 zachs.com/bull 获取精选股票信息 [1]

Take a look at today's bull of the day. A Zach's ranked number one, strong buy. And today's bear of the day, a Zach's rank number five, strong cell.Visit zachs. com/bull to get seven stocks set to outperform the market over the next 30 days. ...

Earnings Performance & Expectations - AMD's earnings have consistently surpassed expectations for the past five years, with analysts projecting an 18.7% increase in 2025 and a significant 54% jump thereafter [3][4] - McDonald's has a strong earnings surprise track record, but earnings growth is expected to be slower, with 5.1% in 2025 and 8.4% in 2026 [6][7] - Qualcomm demonstrates a great earning surprise track record, with earnings expected to increase by 16.3% in 2025, but no growth is expected in 2026 [9][10] - Ralph Lauren exhibits a strong earnings track record, with analysts anticipating a 21.6% increase this year, followed by 9% in 2026 [13][15] - Ino Data, a small-cap AI play, has shown four consecutive big beats, but earnings are expected to be down 12.4% this year, followed by a significant gain of 39.7% in 2026 [17][18] Valuation & Market Sentiment - AMD's stock is trading at 65 times earnings, with investors seemingly unconcerned about valuations in the AI sector for now [4][5] - McDonald's is trading at a PE of 24 times, which is considered fairly expensive for its single-digit earnings growth [8] - Qualcomm is trading at a PE of 15 times, considered cheap for a tech AI play [12] - Ralph Lauren is trading at 21.3 times forward earnings, which is not super stretched if it achieves its projected earnings growth [16] - Ino Data has a high PE of 96 times following a recent breakout [18] Key Factors & Challenges - Tariffs are a significant issue for retailers like Ralph Lauren, impacting sourcing and pricing strategies [13][14] - McDonald's is facing investor concerns about its ability to execute, particularly regarding the effectiveness of its value menu [8] - Qualcomm's potential for earnings growth is tied to its new rack scale performance and memory capacity for data center AIs [11] - The consumer's willingness to absorb price increases due to tariffs is a key concern for retailers [14]