Apple's F1 Movie Burns $300 Million—Still Waiting On A Profit
Benzinga· 2025-06-27 14:56
Apple, Inc. AAPL is making a return to high-budget theatrical releases with the opening of its racing drama "F1" on Friday. The film's reported $300 million budget highlights both the company's determination to make a mark in Hollywood and the persistent financial challenges it faces in this arena. What To Know: Despite Apple's massive resources—a $3 trillion market cap and annual profits nearing $100 billion—its video production unit, which includes Apple Original Films and Apple TV+, has never turned a pr ...
Why Salesforce.com (CRM) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-06-27 14:55
Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum [2] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E, PEG, and Price/Sales [3] - The Growth Score evaluates stocks based on projected and historical earnings, sales, and cash flow to identify sustainable growth opportunities [4] - The Momentum Score identifies trends in stock prices and earnings outlooks, helping investors time their positions effectively [5] - The VGM Score combines the three Style Scores to highlight stocks with attractive value, strong growth forecasts, and promising momentum, serving as a useful indicator alongside the Zacks Rank [6] Zacks Rank and Style Scores Integration - The Zacks Rank utilizes earnings estimate revisions to assist investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 that also have Style Scores of A or B, while 3 (Hold) ranked stocks should also possess A or B Scores for optimal upside potential [9][10] Company Spotlight: Salesforce.com (CRM) - Salesforce.com is a leading provider of on-demand Customer Relationship Management (CRM) software, facilitating various organizational operations [11] - Currently rated 3 (Hold) on the Zacks Rank, Salesforce has a VGM Score of B and a Momentum Style Score of B, with shares increasing by 1.4% over the past four weeks [12] - Recent analyst activity shows 18 analysts have raised their earnings estimates for fiscal 2026, with the Zacks Consensus Estimate increasing by $0.18 to $11.30 per share, alongside an average earnings surprise of 4.2% [12]
Why Penske Automotive (PAG) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-06-27 14:55
Company Overview - Penske Automotive Group, Inc. operates automotive and commercial truck dealerships across multiple countries including the United States, United Kingdom, Canada, Germany, Italy, and Japan, and also distributes commercial vehicles and related services primarily in Australia and New Zealand [12] Investment Ratings - Penske Automotive is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating a solid overall performance [13] - The company has a Momentum Style Score of B, with shares increasing by 6.8% over the past four weeks [13] Earnings Estimates - For fiscal 2025, four analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.14 to $13.94 per share [13] - Penske Automotive has an average earnings surprise of 2.6%, suggesting a positive trend in earnings performance [13] Investment Considerations - With a strong Zacks Rank and high Momentum and VGM Style Scores, Penske Automotive is recommended for investors looking for potential opportunities [14]
Here's Why TD SYNNEX (SNX) is a Strong Momentum Stock
ZACKS· 2025-06-27 14:55
Company Overview - TD SYNNEX is a leading global IT distributor and solutions aggregator, providing a comprehensive range of technology distribution, logistics, and integration services [12] - The company was rebranded from SYNNEX Corporation to TD SYNNEX in September 2021 after merging with Tech Data Corporation, significantly expanding its global reach and vendor partnerships [12] Investment Analysis - TD SYNNEX currently holds a Zacks Rank of 3 (Hold) with a VGM Score of A, indicating a solid position in the market [13] - The company has a Momentum Style Score of A, with shares increasing by 12.3% over the past four weeks [13] - For fiscal 2025, one analyst has revised their earnings estimate upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.12 to $11.95 per share [13] - TD SYNNEX has an average earnings surprise of 3%, suggesting a positive outlook for earnings performance [13] - With a strong Zacks Rank and top-tier Momentum and VGM Style Scores, TD SYNNEX is recommended for investors' consideration [14]
Why Yum Brands (YUM) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-06-27 14:55
Company Overview - YUM! Brands Inc. is a global leader in multi-branding, offering consumers a variety of choices at one outlet, and operates through four segments: KFC (41% of total 2024 revenues), Pizza Hut (13.4%), Taco Bell (37.9%), and Habit Burger Grill (7.9%) [11] Investment Ratings - YUM is currently rated as a 3 (Hold) on the Zacks Rank, with a VGM Score of B, indicating a solid position but not a strong buy [12] - The company has a Momentum Style Score of B, with shares increasing by 2.1% over the past four weeks [12] Earnings Estimates - For fiscal 2025, seven analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.02 to $6.01 per share [12] - YUM has an average earnings surprise of 0.5%, suggesting a consistent performance relative to expectations [12] Investment Considerations - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, YUM is recommended to be on investors' short lists for potential investment opportunities [13]
RTX Clinches a $250M Deal From MELCO to Produce ESSM Block 2
ZACKS· 2025-06-27 14:55
Key Takeaways RTX secured a $250M deal from MELCO to provide ESSM Block II kits, parts and tech support in Japan. The deal supports Japan's goal to boost local missile production and defense capabilities. RTX's ESSM Block 2 offers enhanced mobility, dual-mode guidance and software-driven threat adaptation.RTX Corporation’s (RTX) business segment, Raytheon, recently won a $250 million deal from Japan's Mitsubishi Electric Corporation (“MELCO”) to produce Evolved Seasparrow Missile (ESSM) Block 2.Per the te ...
Wall Street Analysts Think Quanex (NX) Could Surge 95.46%: Read This Before Placing a Bet
ZACKS· 2025-06-27 14:55
Quanex Building Products (NX) closed the last trading session at $18.93, gaining 9.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $37 indicates a 95.5% upside potential.The mean estimate comprises three short-term price targets with a standard deviation of $5.57. While the lowest estimate of $31.00 indicates a 63.8% increase from the current price level, the most optimistic ana ...
Wall Street Analysts See a 34.26% Upside in MongoDB (MDB): Can the Stock Really Move This High?
ZACKS· 2025-06-27 14:55
Shares of MongoDB (MDB) have gained 10.5% over the past four weeks to close the last trading session at $209.2, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $280.88 indicates a potential upside of 34.3%.The mean estimate comprises 33 short-term price targets with a standard deviation of $54.3. While the lowest estimate of $170.00 indicates a 18.7% decline from the current pri ...
Shoals Technologies Group (SHLS) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2025-06-27 14:55
After reaching an important support level, Shoals Technologies Group, Inc. (SHLS) could be a good stock pick from a technical perspective. SHLS recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover i ...
OneSpaWorld (OSW) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2025-06-27 14:55
After reaching an important support level, OneSpaWorld Holdings Limited (OSW) could be a good stock pick from a technical perspective. OSW recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involv ...