Core Insights - JR Research is recognized as a top analyst in technology, software, and internet sectors, focusing on growth and GARP strategies [1] - The investment approach emphasizes identifying attractive risk/reward opportunities with robust price action to generate alpha above the S&P 500 [1][2] - The investment group Ultimate Growth Investing specializes in high-potential opportunities across various sectors with a focus on strong growth potential and contrarian plays [3] Investment Strategy - The strategy combines sharp price action analysis with fundamentals investing, avoiding overhyped stocks while targeting battered stocks with recovery potential [2] - The investment outlook is typically 18 to 24 months for the thesis to materialize, aiming for robust fundamentals and attractive valuations [3] Target Audience - The group is designed for investors looking to capitalize on growth stocks with strong fundamentals, buying momentum, and turnaround plays [3]

Core Insights - JR Research is recognized as a top analyst in technology, software, and internet sectors, focusing on growth and GARP strategies [1] - The investment approach emphasizes identifying attractive risk/reward opportunities with robust price action to generate alpha above the S&P 500 [1][2] - The investment group Ultimate Growth Investing specializes in high-potential opportunities across various sectors with a focus on strong growth potential and contrarian plays [3] Investment Strategy - The strategy combines sharp price action analysis with fundamentals investing, avoiding overhyped stocks while targeting battered stocks with recovery potential [2] - The investment outlook is typically 18 to 24 months for the thesis to materialize, aiming for robust fundamentals and attractive valuations [3] Target Audience - The group is designed for investors looking to capitalize on growth stocks with strong fundamentals, buying momentum, and turnaround plays [3]

Group 1 - Zacks Premium offers tools for investors to enhance their stock market confidence and knowledge, including daily updates, research reports, and stock screens [1][2] - The Zacks Style Scores provide a rating system for stocks based on value, growth, and momentum, helping investors identify securities likely to outperform the market [2][3] Group 2 - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E and Price/Sales [3] - The Growth Score assesses a company's financial health and future outlook, analyzing projected earnings and sales for sustainable growth [4] - The Momentum Score identifies trends in stock prices and earnings estimates, aiding investors in timing their stock purchases [5] Group 3 - The VGM Score combines the three Style Scores, providing a comprehensive rating that highlights stocks with attractive value, growth potential, and positive momentum [6] - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios [7][8] Group 4 - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +23.62% since 1988, significantly outperforming the S&P 500 [8] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9][10] Group 5 - Walt Disney Company reported revenues of $91.4 billion in fiscal 2024 and holds a Zacks Rank of 2 (Buy) with a VGM Score of B [11] - Disney's Growth Style Score of B indicates a forecasted year-over-year earnings growth of 16.3% for the current fiscal year [11] - Recent analyst revisions have increased Disney's earnings estimate for fiscal 2025, with the Zacks Consensus Estimate rising to $5.78 per share [12]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to associated risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - Northwest Natural (NWN) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth being particularly desirable [4] - Northwest Natural's projected EPS growth for this year is 23.4%, significantly higher than the industry average of 9.3% [5] Group 3: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, allowing them to expand without relying on external funding [6] - Northwest Natural's year-over-year cash flow growth is 4.9%, outperforming the industry average of -0.1% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 7.2%, compared to the industry average of 7% [7] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions are correlated with stock price movements [8] - Northwest Natural has seen a 1.4% increase in current-year earnings estimates over the past month [8] Group 5: Overall Positioning - Northwest Natural has achieved a Growth Score of B and a Zacks Rank of 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [10]

Investment Rating - The report maintains a positive view on US equities with a base case S&P 500 target of 6300, indicating a bullish outlook for the second half of 2025 [8][16]. Core Insights - The report emphasizes that while the S&P 500 has faced various geopolitical and economic challenges, the underlying fundamentals remain strong, supporting a bullish stance on growth sectors, particularly Information Technology and Communication Services [8][16]. - Structural growth drivers are highlighted as key differentiators in stock selection, with a focus on companies that can efficiently translate top-line growth into earnings amidst ongoing consumer and policy uncertainties [35][25]. - The report anticipates that the Federal Reserve will likely resume rate cuts in September, with a terminal rate projected between 3.0-3.25% by March 2026, which is expected to support growth sectors [54][53]. Summary by Sections Strategy - The report outlines a thematic approach focusing on operating leverage and structural trends that can drive earnings growth despite macroeconomic uncertainties [26][35]. - Analysts express a cautious optimism regarding the financial sector, with specific recommendations for banks and payment processors based on discounted valuations and transformational phases [67]. Equities - The report identifies a persistent but volatile bull market, with expectations for continued growth in the S&P 500 driven by strong earnings per share (EPS) growth, particularly in growth sectors [16][25]. - The report projects that the S&P 500 EPS outlook remains healthy, with a target refresh indicating a potential rise to 6500 by mid-2026 [16][11]. Sector Recommendations - The report recommends an overweight position in growth sectors such as Communication Services and Information Technology, while being cautious on Consumer Discretionary and Materials [15][35]. - Specific stock recommendations include Amazon, Alphabet, and Meta Platforms, which are expected to benefit from trends in Artificial Intelligence and Digital Leisure [36]. Economic Outlook - The global economic growth forecast is set at 2.5% for 2025, with tariffs expected to weigh on activity, leading to a cautious outlook for the second half of the year [43][38]. - Inflation is anticipated to diverge, with the US likely experiencing higher goods inflation due to tariffs, while other regions may see lower inflation rates [43][53]. Commodities - The report is bearish on oil prices, expecting them to decline to $60-65 per barrel by year-end, while gold prices are projected to fall significantly after a peak in 2025 [56][54]. - Aluminium is highlighted as a strong long-term investment opportunity due to its leverage to global growth and limited supply growth [56].

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with DexCom (DXCM) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [2][9]. Group 1: Earnings Growth - DexCom has a historical EPS growth rate of 25%, with projected EPS growth of 23.8% for the current year, significantly outperforming the industry average of 14% [4]. - Earnings growth is crucial for investors, as double-digit growth is often seen as indicative of strong future prospects and potential stock price increases [3]. Group 2: Cash Flow Growth - The company currently exhibits a year-over-year cash flow growth of 9.8%, which is notably higher than the industry average of -0.7% [5]. - Over the past 3-5 years, DexCom has achieved an annualized cash flow growth rate of 32%, compared to the industry average of 6.5% [6]. Group 3: Earnings Estimate Revisions - There have been upward revisions in current-year earnings estimates for DexCom, with the Zacks Consensus Estimate increasing by 0.1% over the past month [8]. - Positive trends in earnings estimate revisions are strongly correlated with near-term stock price movements, indicating favorable conditions for DexCom [7]. Group 4: Overall Positioning - DexCom has earned a Growth Score of B and holds a Zacks Rank 2, reflecting its strong growth metrics and positive earnings estimate revisions, positioning it well for potential outperformance in the market [9][10].

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to complement the Zacks Rank, helping investors identify stocks with the potential to outperform the market [3][4] Zacks Style Scores Overview - The Zacks Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [4][5][6][7] - Value Score emphasizes finding undervalued stocks using financial ratios [4] - Growth Score assesses a company's financial health and future growth potential [5] - Momentum Score identifies trends in stock prices and earnings estimates [6] - VGM Score combines all three styles to provide a comprehensive evaluation of stocks [7] Zacks Rank and Performance - The Zacks Rank utilizes earnings estimate revisions to guide investors in stock selection, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8][9] - There are over 800 stocks rated 1 or 2, which can be overwhelming for investors [10] Stock Example: Annaly Capital Management (NLY) - Annaly Capital Management is a mortgage real estate investment trust (mREIT) with a diverse portfolio including mortgage-related securities [13] - NLY holds a 3 (Hold) rating on the Zacks Rank and has a VGM Score of B, along with a Value Style Score of B, indicating attractive valuation metrics [14] - The company has seen an upward revision in earnings estimates, with a Zacks Consensus Estimate of $2.87 per share for fiscal 2025 [14] - Given its solid Zacks Rank and favorable Style Scores, NLY is recommended for investors' consideration [15]

Core Insights - JR Research is recognized as a top analyst in technology, software, and internet sectors, focusing on growth and GARP strategies [1] - The investment approach emphasizes identifying attractive risk/reward opportunities with strong price action to generate alpha above the S&P 500 [1][2] - The investment group Ultimate Growth Investing specializes in high-potential opportunities across various sectors with a focus on robust fundamentals and turnaround plays [3] Investment Strategy - The strategy combines price action analysis with fundamental investing to identify growth opportunities with significant upside potential [2] - The focus is on avoiding overhyped and overvalued stocks while targeting battered stocks that have recovery potential [2] - The investment outlook typically spans 18 to 24 months for the thesis to materialize [3] Target Audience - The group is designed for investors looking to capitalize on growth stocks with strong fundamentals, buying momentum, and attractive valuations [3]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates involves significant challenges and risks [1] Group 1: Company Overview - Quanta Services (PWR) is currently highlighted as a recommended growth stock, benefiting from a favorable Growth Score and a top Zacks Rank [2] - The company operates as a specialty contractor for utility and energy sectors, making it a strong growth pick [3] Group 2: Earnings Growth - Quanta Services has a historical EPS growth rate of 23.2%, with projected EPS growth of 15.2% for the current year, surpassing the industry average of 13.9% [4] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Quanta Services stands at 24.6%, significantly higher than the industry average of 14.4% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 21.9%, compared to the industry average of 6.2% [6] Group 4: Earnings Estimate Revisions - There have been upward revisions in current-year earnings estimates for Quanta Services, with the Zacks Consensus Estimate increasing by 0.1% over the past month [8] Group 5: Investment Positioning - Quanta Services has achieved a Growth Score of B and a Zacks Rank 2, indicating strong potential for outperformance in the growth stock category [9]

Core Insights - JR Research is recognized as a top analyst in technology, software, and internet sectors, focusing on growth and GARP strategies [1] - The investment approach emphasizes identifying attractive risk/reward opportunities with strong price action to generate alpha above the S&P 500 [1][2] - The investment group Ultimate Growth Investing specializes in high-potential opportunities across various sectors with a focus on robust fundamentals and turnaround plays [3] Investment Strategy - The strategy combines price action analysis with fundamental investing to identify growth opportunities with significant upside potential [2] - The focus is on avoiding overhyped stocks while targeting battered stocks that have recovery potential [2] - The investment outlook typically spans 18 to 24 months for the thesis to materialize [3] Target Audience - The group is designed for investors looking to capitalize on growth stocks with strong fundamentals and attractive valuations [3] - It aims to attract investors interested in buying momentum and turnaround plays [3]