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ET Stock Outperforms its Industry in a Month: Time to Buy or Hold?
ZACKS· 2025-05-21 16:51
Units of Energy Transfer LP (ET) have rallied 6% in the last month compared with the Zacks Oil and Gas - Production Pipeline - MLB industry’s growth of 3.4%. The oil and gas midstream firm owns a wide network of pipelines across the United States and is pursuing opportunities to serve the growing power loads from new demand centers across its network.The firm is also a top exporter of liquefied petroleum gas and is working to expand natural gas liquids (NGL) export facilities to cater to the rising demand f ...
2 Retail Stocks to Watch Heading Into Memorial Day Week
Schaeffers Investment Research· 2025-05-21 16:50
Retail stocks are in focus heading into Memorial Day week, and two names stand out for very different reasons. According to Schaeffer's Senior Quantitative Analyst Rocky White, TJX Companies Inc (NYSE:TJX) has historically underperformed during this holiday-shortened stretch, while Lululemon Athletica Inc (NASDAQ:LULU) tends to shine.TJX’s Seasonal Slump Has Already BegunTJX stock is already feeling the heat. Shares of the parent company behind T.J. Maxx, Marshalls, and HomeGoods were last seen down 2.4% at ...
Ford to share Kentucky battery plant with Nissan amid demand, tariff challenges
Proactiveinvestors NA· 2025-05-21 16:49
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Allegiant to Launch New Flights for Boosting Connectivity
ZACKS· 2025-05-21 16:46
Core Viewpoint - Allegiant Travel Company is expanding its network by introducing five new nonstop routes to eight cities, offering low-cost travel options with one-way fares starting as low as $39 [1][2]. Group 1: New Routes - The new route to Fort Lauderdale-Hollywood International Airport (FLL) includes South Bend, IN, starting August 29, 2025, with one-way fares as low as $59 [3]. - New routes to McGhee Tyson Airport (TYS) in Tennessee include Memphis, TN, starting September 4, 2025, with one-way fares as low as $39, and Key West, FL, starting October 3, 2025, with one-way fares as low as $49 [4]. - New routes to Gulf Shores International Airport (GUF) in Alabama include Appleton, WI, starting October 2, 2025, with one-way fares as low as $59, and Des Moines, IA, starting October 3, 2025, with one-way fares as low as $59 [5]. Group 2: Marketing Strategy - Allegiant is targeting football fans with limited-time flights to Las Vegas for the NFL season, available on a first-come, first-served basis [6]. - The company anticipates high demand for these specialty flights, which have been popular in previous NFL seasons [7]. Group 3: Stock Performance - Allegiant Travel Company is currently rated Zacks Rank 5 (Strong Sell) in the airline industry, indicating potential challenges in its stock position [7]. - Investors in the Transportation sector may also consider Copa Holdings (CPA) and Ryanair (RYAAY), both rated Zacks Rank 1 (Strong Buy) [8].
RBC Bearings to Acquire VACCO Industries & Boost Product Portfolio
ZACKS· 2025-05-21 16:46
Acquisition Details - RBC Bearings Incorporated has signed a definitive agreement to acquire VACCO Industries for approximately $310 million in cash, which will be funded through borrowings and cash on hand [1] - VACCO Industries, based in South El Monte, CA, specializes in producing valves, filters, regulators, and other precision components for the space and naval defense sectors, generating revenues of about $118 million in the trailing 12 months ending March 31, 2025 [2] Strategic Rationale - The acquisition aligns with RBC Bearings' strategy to enhance its business and product portfolio, incorporating VACCO's expertise in engineered valves and regulators to expand customer offerings in defense, space, and commercial markets [3] Transaction Timeline - The transaction is expected to be completed in the summer, subject to customary closing conditions [4] Financial Performance - RBC Bearings has a market capitalization of $11.8 billion and currently holds a Zacks Rank 4 (Sell), facing challenges with rising operating costs, including a 3.8% year-over-year increase in cost of sales and a 12% rise in selling, general, and administrative expenses in Q1 2025 [5] - Despite these challenges, strength in the Aerospace/Defense segment and recovery in the Industrial unit are positive indicators [5] Stock Performance - RBC's shares have increased by 4.4% over the past three months, contrasting with a 0.8% decline in the industry [6] - The Zacks Consensus Estimate for RBC's current-year earnings has decreased by 0.9% over the last 60 days [6]
AMD Could See EPS Upside By 2027 Despite Nvidia's Over 80% Market Share: Analyst
Benzinga· 2025-05-21 16:46
Bank of America Securities analyst Vivek Arya maintained a Buy rating on Advanced Micro Devices, Inc AMD with a price target of $130 on Tuesday.The company benefits from continued Intel Corp INTC CPU share gains in server and PC, a rising tide in AI with higher content from upcoming rack-scale pipeline, along with related Middle East $10 billion multi-year contracts, and cyclical recovery, the analyst noted.Arya’s segment analysis shows:EPS power of $6.44 and $8.52 in the calendar year 2026 and 2027, or 15% ...
Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories'
PYMNTS.com· 2025-05-21 16:45
Target reported a 3.8% decrease in comparable sales for the first quarter and said it expects to see a low single-digit decline in sales for fiscal 2025.“In the first quarter, our team and our business faced an exceptionally challenging environment that affected our performance with declines in both traffic and sales, most notably in our discretionary categories,” Target Chair and CEO Brian Cornell said Wednesday (May 21) during the retailer’s quarterly earnings call.Cornell attributed the drop in part to f ...
Visa: Still The Best Compounder In Payments And It's Nowhere Near Done
Seeking Alpha· 2025-05-21 16:42
Let’s get straight to it. Visa (NYSE: NYSE: V ) just hit a record high, the market cap is nudging $700 billion, and it’s easy to look at the chart and wonder “Haven’t we missed the boat?” Honestly, I don’t think so. In fact, I still see aWith over 15 years of experience in the markets and a degree in economics, I focus on breaking down companies with clarity and discipline. My goal is to give individual investors a straightforward, honest view—what’s working, what isn’t, and where the risks and opportunitie ...
AST Business Growth & Strategic Acquisitions Support STERIS Stock
ZACKS· 2025-05-21 16:41
STERIS' (STE) new acquisitions and partnerships strengthen its product offerings. The stock carries a Zacks Rank #2 (Buy) currently.Factors Driving STERIS' GrowthSTERIS’ Healthcare segment is gaining from the successful market adoption of its comprehensive offerings, including infection prevention consumables and capital equipment. Further, its services to maintain that equipment, repair reusable procedural instruments and outsource instrument reprocessing services are gaining traction. For the fourth quart ...
4 Medical Product Stocks to Watch From a Challenging Industry
ZACKS· 2025-05-21 16:41
The Zacks Medical - Products industry is expected to face growing uncertainty as the United States reimposes tariffs. Tariffs on medical devices — rising from 10% to 30% on Chinese-made components — may disrupt U.S. MedTech economics, especially for manufacturers bound by fixed-price hospital contracts. Many are lobbying for exemptions to avoid unmanageable input costs.While U.S. PPE producers may benefit from reduced competition with subsidized Chinese firms, analysts caution that suppliers could shift ass ...