Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum if future growth does not justify high valuations [1] - A safer approach is to invest in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: Par Petroleum (PARR) Analysis - Par Petroleum (PARR) has shown a four-week price change of 13.7%, indicating growing investor interest [3] - PARR has gained 27.4% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 1.25, suggesting it moves 25% more than the market in either direction [4] - PARR has a Momentum Score of A, indicating a favorable time to invest [5] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [6] - PARR is trading at a Price-to-Sales ratio of 0.31, indicating it is undervalued at 31 cents for each dollar of sales [6] Group 3: Additional Investment Opportunities - Besides PARR, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in stock selection [8]

Core Insights - Current West Texas Intermediate (WTI) oil prices are trading below $60 per barrel, significantly lower than a year ago, creating uncertainty in the energy sector. However, Par Pacific Holdings Inc. (PARR) is positioned to benefit from this crude pricing environment [1][2]. Company Overview - Par Pacific is primarily a refining company with a processing capacity of 219,000 barrels of oil daily, allowing it to purchase oil at lower costs and produce end products like gasoline and distillates [2]. - The U.S. Energy Information Administration (EIA) anticipates that crude prices will remain soft due to increasing global oil inventories, which supports Par Pacific's refining operations [2][3]. Market Projections - EIA projects the average spot price for WTI to be $51.26 per barrel in 2026, down from an estimated $65.15 per barrel in 2025, indicating a favorable environment for Par Pacific's refining activities [3]. Competitor Analysis - Other refining companies, such as Phillips 66 (PSX) and Valero Energy Corporation (VLO), are also expected to benefit from low oil prices. Phillips 66's refining operations significantly contribute to its earnings, while Valero, with a throughput capacity of 3.2 million barrels per day, generates sufficient cash flows from refining to support shareholder returns and growth [4][5]. Performance Metrics - PARR shares have increased by 184% over the past year, outperforming the industry composite stocks, which rose by 17.3% [6][7]. - The company benefits from low WTI prices that reduce feedstock costs, with rising global inventories and lower future WTI averages supporting the refining backdrop [7]. Valuation Insights - Par Pacific's trailing 12-month enterprise value to EBITDA (EV/EBITDA) ratio is 5.47X, which is above the broader industry average of 4.56X, indicating a premium valuation [9]. - The Zacks Consensus Estimate for PARR's 2025 earnings has seen upward revisions recently, reflecting positive market sentiment [11]. Investment Rating - Par Pacific currently holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence in the company's future performance [13].

Group 1: Company Insights - Hycroft Mining Holdings (HYMC) is highlighted as the top stock on Barchart's list, known for its Hycroft gold and silver mine in Nevada [1] - Par Pacific Holdings (PARR), a diversified oil and gas company, has seen its stock price increase nearly threefold since a 52-week low in early March, with a weighted alpha of 216.46 and a 52-week return of 170.8% [3] Group 2: Market Predictions - Deutsche Bank's chief U.S. stock strategist, Bankim Chadha, predicts the S&P 500 will rise to 8,000 by the end of 2026, an 18% increase from current levels, driven by strong earnings growth [6] - The S&P 500 is currently up 15.8% year to date, and if Chadha's prediction holds, 2026 could see better market performance than 2025, marking the eighth positive annual return in the last decade [7] - Chadha's thesis suggests that expanding multiples will benefit momentum stocks like PARR in the upcoming year [8]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] Company Overview: Par Petroleum (PARR) - Par Petroleum currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook compared to the market [4] Performance Metrics - Over the past week, PARR shares increased by 1.05%, while the Zacks Oil and Gas - Refining and Marketing industry declined by 4.87% [6] - In the last month, PARR's price change was 14.18%, significantly outperforming the industry's 0.43% [6] - Over the past quarter, PARR shares rose by 34.74%, and over the last year, they gained 161.9%, compared to the S&P 500's increases of 5.63% and 15.42%, respectively [7] Trading Volume - PARR's average 20-day trading volume is 1,313,268 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, three earnings estimates for PARR have been revised upwards, while none have been lowered, boosting the consensus estimate from $3.10 to $8.52 [10] - For the next fiscal year, three estimates have increased, with one downward revision noted [10] Conclusion - Given the strong performance metrics and positive earnings outlook, PARR is positioned as a promising investment opportunity with a Momentum Score of A [12]

Core Viewpoint - The article highlights Par Pacific (PARR) as a strong value stock, currently rated 1 (Strong Buy) by Zacks Rank, with attractive valuation metrics indicating it may be undervalued in the market [4][7]. Valuation Metrics - PARR has a P/E ratio of 9.61, which is lower than the industry average of 10.55. Over the past 12 months, PARR's Forward P/E has fluctuated between 5.93 and 33.91, with a median of 15.56 [4]. - The stock's P/B ratio stands at 1.57, compared to the industry's average P/B of 2.02. PARR's P/B has ranged from 0.58 to 1.63 in the last year, with a median of 0.80 [5]. - PARR's P/S ratio is 0.3, which is lower than the industry average of 0.43. This metric is favored by value investors as it reflects sales performance, which is less susceptible to manipulation [6]. Investment Outlook - Given the combination of its strong earnings outlook and favorable valuation metrics, Par Pacific is positioned as one of the strongest value stocks in the current market [7].

Group 1 - Beyond the Wall Investing offers a subscription service that provides access to high-quality equity research reports, potentially saving users thousands of dollars annually [1] - Oakoff Investments, led by a quantitative research analyst, focuses on balancing growth and value through proprietary Wall Street information and features a fundamentals-based portfolio [2] - The investing group includes weekly analysis from institutional investors, short-term trade alerts based on technical signals, and community engagement through chat [2] Group 2 - The article emphasizes that past performance does not guarantee future results, highlighting the importance of independent analysis for investors [4]

Core Viewpoint - Par Petroleum (PARR) has significantly outperformed the Oils-Energy sector in year-to-date performance, indicating strong investor interest and positive earnings outlooks [1][4]. Company Performance - Par Petroleum has achieved a year-to-date return of 174.5%, while the average gain for the Oils-Energy sector is approximately 7.8% [4]. - The Zacks Consensus Estimate for Par Petroleum's full-year earnings has increased by 359.8% over the past 90 days, reflecting improved analyst sentiment [4]. - Par Petroleum holds a Zacks Rank of 1 (Strong Buy), indicating a favorable outlook for the stock [3]. Industry Context - Par Petroleum is part of the Oil and Gas - Refining and Marketing industry, which consists of 15 companies and currently ranks 91 in the Zacks Industry Rank [6]. - The Oil and Gas - Refining and Marketing industry has seen an average gain of 21.9% year-to-date, with Par Petroleum outperforming this average [6]. - In comparison, Siemens Energy AG Unsponsored ADR, another notable stock in the Oils-Energy sector, has a year-to-date return of 150.8% and belongs to the Alternative Energy - Other industry, which ranks 142 [5][6].

Core Insights - The Zacks Oil and Gas - Refining & Marketing industry is entering a constructive phase due to steady global demand for refined products like gasoline, diesel, and jet fuel, despite mixed economic signals [1][3] - The industry is characterized by tight refining capacity, which has been exacerbated by years of limited investment and refinery closures, leading to strong crack spreads and healthier margins [1][4] - Long-term growth opportunities are emerging in renewable fuels, driven by government incentives and stricter emissions regulations, providing refiners with new revenue streams [1][6] Industry Overview - The industry includes companies that sell refined petroleum products and operate terminals, storage facilities, and transportation services, with refining margins being highly volatile and influenced by various factors [2] - Key determinants of profitability include the state of petroleum product inventories, demand, imports, and capacity utilization [2] Trends Impacting the Industry - Strong global demand for transportation fuels supports throughput, allowing refiners to operate efficiently and adjust output to profitable products [3] - Persistent structural tightness in refining capacity is expected to continue, giving refiners more pricing power and supporting steady margins [4] - Margin volatility and rising operating costs pose challenges, with unpredictable feedstock costs and inflation affecting earnings visibility [5] Opportunities in Renewable Fuels - The shift towards renewable diesel and sustainable aviation fuel presents significant long-term opportunities for refiners, enhancing revenue diversity and regulatory compliance [6] Industry Performance - The Zacks Oil and Gas - Refining & Marketing industry has outperformed the broader Zacks Oil - Energy Sector, increasing by 9% over the past year compared to the sector's 1.4% [10] - The industry currently holds a Zacks Industry Rank of 90, indicating strong near-term prospects [8] Current Valuation - The industry is trading at an EV/EBITDA ratio of 4.62X, significantly lower than the S&P 500's 18.25X and the sector's 5.27X [14] Notable Companies - **Par Pacific Holdings**: Operates an integrated energy business with a refining capacity of 219,000 barrels per day and is pursuing decarbonization efforts, with a market cap of $2.2 billion and a projected earnings surge of 1,724.3% for 2025 [17][18] - **Marathon Petroleum**: A major independent refiner with access to lower-cost crude, benefiting from strong cash flow and consistent shareholder returns, with a market cap exceeding $60 billion [21][22] - **Phillips 66**: One of the largest independent refiners with nearly 2 million barrels per day of refining capacity, focusing on strategic expansion and expected EPS growth of 14.1% over the next three to five years [26][27] - **Galp Energia**: A Portuguese integrated energy company producing over 100,000 barrels of oil equivalent per day, with a focus on low-carbon initiatives and a market cap of $14.7 billion [30][31]

Market Overview - U.S. stocks have shown resilience, maintaining a strong upswing despite volatility, with major indexes near record levels supported by robust corporate earnings and investor appetite [1][2] - The end of the government shutdown has alleviated concerns, allowing for a more optimistic outlook on gradual policy easing from the Federal Reserve [2] Investment Strategy - A relative price strength strategy is recommended, focusing on stocks that outperform the market even during pauses, which helps investors align with market leadership [3][4] - Stocks that exceed their industry or benchmark performance should be prioritized for inclusion in investment portfolios, as they are more likely to yield significant returns [5] Stock Screening Criteria - Stocks should demonstrate positive relative price changes over 1, 4, and 12 weeks, outperforming the S&P 500 [8] - The screening highlights five stocks with strong relative price strength amid market gains, including Par Pacific Holdings, AngloGold Ashanti, Globus Medical, Allient Inc., and Sandisk Corporation [8] Company Highlights - **Par Pacific Holdings (PARR)**: Market cap of $2.2 billion, with a 146.2% share gain over the past year and a 112.3% increase in 2025 earnings estimates [11][8] - **AngloGold Ashanti (AU)**: Market cap over $33 billion, with a 220% share gain in the past year and a 162.4% year-over-year growth in 2025 earnings estimates [12][11] - **Globus Medical (GMED)**: Expected EPS growth rate of 14.3%, with a 3.2% share increase in a year and a positive revision in earnings estimates [13][14] - **Allient Inc. (ALNT)**: Market cap nearly $900 million, with a 117.7% share gain in a year and a 5.2% increase in 2025 earnings estimates [15][16] - **Sandisk Corporation (SNDK)**: Market cap of $37.3 billion, with a 422.9% share gain in a year and a 308% growth in fiscal 2026 earnings estimates [17][18]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Par Petroleum (PARR) Analysis - Par Petroleum (PARR) has shown significant recent price momentum, with a four-week price change of 24.1%, indicating growing investor interest [4] - PARR has gained 40.4% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - The stock has a beta of 1.74, suggesting it moves 74% more than the market, indicating fast-paced momentum [5] - PARR holds a Momentum Score of A, suggesting it is an opportune time for investment to capitalize on its momentum [6] Group 3: Earnings Estimates and Valuation - PARR has received upward revisions in earnings estimates, earning a Zacks Rank 1 (Strong Buy), which typically attracts more investor interest [7] - The stock is trading at a Price-to-Sales ratio of 0.29, indicating it is undervalued, as investors pay only 29 cents for each dollar of sales [7] - PARR is positioned for further growth, with ample room to increase in value at a fast pace [8] Group 4: Additional Investment Opportunities - Besides PARR, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]