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Apple's Tim Cook is keeping his August winning streak going
Business Insider· 2025-08-19 17:07
Apple CEO Tim Cook notched another big win. The US backed the iPhone maker in its fight against a UK order that would make encrypted user data accessible to the British government.The US government said Monday that the UK agreed to drop the order after talks between the two countries. A UK government spokesperson declined to confirm the existence of the Apple order in a statement to Business Insider. The dispute began earlier this year when the UK issued the order, which was first reported by the Washingt ...
Plug Power Declines 22.1% YTD: Time to Hold the Stock or Exit?
ZACKS· 2025-08-19 17:06
Core Viewpoint - Plug Power Inc. has experienced a 22.1% decline in stock price year-to-date, underperforming both the green hydrogen industry and the S&P 500, which grew by 10.9% and 9.5% respectively [1][7] Industry Performance - The green hydrogen industry has shown growth, while Plug Power's peers have had mixed results, with Bloom Energy Corporation surging 109.3% and FuelCell Energy, Inc. declining by 53.2% [1][7] Financial Performance - Plug Power reported a 21% revenue growth in Q2 2025, with electrolyzer sales tripling year-over-year to $45 million [7][14] - The company has been facing a high cash burn rate and negative gross margins, although margins are improving, with a gross margin of negative 31% in Q2 2025 compared to negative 92% in the previous year [4][10] Challenges - The number of hydrogen site installations significantly declined from 52 to 15 year-over-year in 2024, and further reduced to four in the first half of 2025 [9] - The company has been unable to generate positive cash inflows, with an operating cash outflow of $297.4 million in the first half of 2025 [10] Strategic Initiatives - Plug Power launched Project Quantum Leap, aiming for over $200 million in annualized savings through various operational efficiencies [15] - The company secured a $1.66 billion loan guarantee from the U.S. Department of Energy to support the construction of six new green hydrogen production facilities [16] Market Outlook - The green hydrogen market is projected to grow to $30 billion by 2030, indicating long-term growth opportunities for Plug Power [17] - Despite current challenges, the company's strong market position and innovative product pipeline are expected to drive long-term performance [21]
COHR Stock Gains 14% in 3 Months: Is This a Buying Opportunity?
ZACKS· 2025-08-19 17:01
Key Takeaways COHR shares gained 13.9% in 3 months, beating its industry and the S&P 500 Composite.Revenues soared 51% in fiscal 2025, led by a 61% surge in the data center market.COHR trades at a discount to peers with stronger ROE, ROIC and liquidity than the industry.Coherent Corp.'s (COHR) stock price has increased 13.9% in the past three months, outperforming the industry's 12% rise and the 9.3% growth of the Zacks S&P 500 Composite.COHR’s industry peers, Microvast (MVST) and Vimeo (VMEO) , have lost 2 ...
Iberdrola (IBDRY) Upgraded to Strong Buy: Here's Why
ZACKS· 2025-08-19 17:01
Iberdrola S.A. (IBDRY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the syste ...
Are You Looking for a Top Momentum Pick? Why Credicorp (BAP) is a Great Choice
ZACKS· 2025-08-19 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Black Diamond (BDTX) Upgraded to Strong Buy: Here's Why
ZACKS· 2025-08-19 17:01
Black Diamond (BDTX) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individu ...
Are You Looking for a Top Momentum Pick? Why Agco (AGCO) is a Great Choice
ZACKS· 2025-08-19 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
All You Need to Know About Evertec (EVTC) Rating Upgrade to Strong Buy
ZACKS· 2025-08-19 17:01
Evertec (EVTC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The po ...
Talen Energy Corporation (TLN) Is Up 0.84% in One Week: What You Should Know
ZACKS· 2025-08-19 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
What Makes Agco (AGCO) a New Strong Buy Stock
ZACKS· 2025-08-19 17:01
Agco (AGCO) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual i ...