Core Insights - FedEx's revenue is expected to benefit from strong growth in higher-value B2B customers, with a significant shift in sales mix towards B2B in recent years [1] Group 1: Company Performance - In the last quarter, nearly half of FedEx's revenue came from B2B customers, indicating a successful transition in its sales strategy [1]

Core Insights - Linde plc (NASDAQ:LIN) is recognized as one of the top hydrogen and fuel cell stocks to invest in for 2026, with BMO Capital maintaining an Outperform rating and a price target of $501, citing strong growth potential [1] - Mizuho also reaffirmed an Outperform rating with a price target of $495, indicating a projected combined trendline EPS growth of 8-12%, driven by price and productivity enhancements as well as capital allocation measures [3] Company Overview - Linde plc is a global leader in industrial gases and engineering, operating the largest liquid hydrogen capacity and distribution system worldwide, with key products including green hydrogen, hydrogen refueling solutions, and innovative hydrogen storage and transportation technology [4] Financial Performance - Linde's recent business review suggests the company can sustain or exceed its EPS growth target of over 10%, with significant price and productivity benefits highlighted during discussions on AI [2] - The company's backlog has remained steady, with expectations for growth by the end of 2026 [3]

With a market cap of $111.7 billion, Lockheed Martin Corporation (LMT) is a leading aerospace and defense company that provides advanced technology systems and services worldwide. It operates through four segments - Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space, offering solutions in military aircraft, missile defense, helicopters, space systems, and cyber security. The Bethesda, Maryland-based company is expected to announce its fiscal Q4 2025 results soon. Ah ...

All right, Tom. So, 2023 we turned in 24%. 2024 we turned in 23%.Pretty good this year, too. 17%. Next year, we fill in the blank with what sounds reasonable to you.>> Um, I think it's still possible to have a double digit year. There have been 12 times in the last 100 years where markets posted three years of 20% gains. This year hasn't finished yet.um globally half the time markets do even better in the following year. So I think next year is a year where the debate's going to be is the bull cycle over or ...

Core Viewpoint - Edison International announced a quarterly common stock dividend of $0.8775 per share, increasing the annual dividend rate to $3.51 per share, which is a 6% increase from the previous rate of $3.31 per share, marking the 22nd consecutive year of dividend growth [1] Group 1: Dividend Announcement - The quarterly common stock dividend is set at $0.8775 per share, payable on January 31, 2026, to shareholders of record on January 7, 2026 [1] - The annual dividend rate has increased to $3.51 per share, reflecting a 6% increase from the prior rate of $3.31 per share [1] - This marks the 22nd consecutive year of dividend growth for Edison International [1] Group 2: Company Overview - Edison International is one of the largest electric utility holding companies in the United States, focused on providing clean and reliable energy [2] - The company is headquartered in Rosemead, California, and is the parent company of Southern California Edison Company, which delivers electricity to 15 million people across Southern, Central, and Coastal California [2] - Edison International also oversees Trio, a portfolio of nonregulated competitive businesses that provide integrated sustainability and energy advisory services in North America and Europe [2]

Core Thesis - Canadian Pacific Kansas City Limited (CPKC) is viewed positively due to its operational efficiency, steady earnings growth, and strong management, despite facing near-term volume challenges [1][4]. Financial Performance - CPKC reported Q3 2025 EPS of $1.10, slightly up from $1.09 year-over-year, with revenue increasing by 3% supported by 5% volume growth [2]. - The operating ratio improved by 220 basis points to 60.7%, even after accounting for a one-time derailment cost of 100 basis points [2]. - Management reaffirmed EPS growth guidance for 2025 at 10-14%, although Q4 volumes are down approximately 3% year-over-year [2][3]. Revenue Segments - The North American grain harvest, which contributes over 20% of CPKC's revenue, is expected to help mitigate the volume shortfall in the latter part of the year [3]. Shareholder Returns and Leverage - Over 90% of a 4% Normal Course Issuer Bid (NCIB) has been completed, indicating active shareholder returns, though net debt-to-EBITDA has increased to 3.2x [3]. - There is a noted trade-off between aggressive buybacks and maintaining balance sheet conservatism [3]. Market Position and Valuation - CPKC's valuation is considered elevated, with a preference for entry under a P/E of 20, ideally around the $90 range [4]. - The company is recognized for its long-term competitive advantages, credible management, and pricing power, but current volume headwinds suggest a cautious approach [4][5]. Investment Recommendation - The recommendation is to hold existing positions while waiting for a more attractive entry point for new investments, emphasizing the importance of acquiring the stock at the right price rather than at a premium valuation [5].

Core Insights - Investors prioritize businesses that consistently generate profits, with net profit margin being a crucial metric for assessing profitability and operational effectiveness [1][2] Summary by Sections Net Profit Margin - Net profit margin is calculated as Net Profit divided by Sales multiplied by 100, indicating a company's efficiency in converting sales into actual profits [2] - A higher net profit margin reflects better operational strength and cost management, which is essential for rewarding stakeholders and attracting talent [2] Pros and Cons of Net Profit Margin - Net profit margin provides clarity on a company's business model, including pricing policy and cost structure, making it a preferred metric for investors [3] - Limitations include significant variations across industries and complications arising from different accounting treatments, particularly for non-cash expenses [3][4] Winning Strategy - A healthy net profit margin and solid earnings per share (EPS) growth are key elements sought in a business model [5] Screening Parameters - Criteria for screening include a net margin of at least 0%, positive percentage change in EPS, and high broker ratings indicating bullish sentiment [6][7] Company Highlights - Great Lakes Dredge & Dock Corporation (GLDD) is the largest provider of dredging services in the U.S., with a Zacks Rank of 1 and a VGM Score of A [9] - Natural Gas Services Group, Inc. (NGS) manufactures natural gas compressors, also holding a Zacks Rank of 1 and a VGM Score of A [10] - Strattec Security Corporation (STRT) designs and manufactures locks for automotive manufacturers, with a significant upward revision in earnings estimates [11] - Northrim BanCorp, Inc. (NRIM) is a full-service commercial bank, currently holding a Zacks Rank of 1 and a VGM Score of A [12] Earnings Estimates - GLDD's 2025 earnings estimate has increased by $0.08 to $1.10 per share, with an average surprise of 65.5% over the last four quarters [10] - NGS's 2025 earnings estimate has risen by $0.14 to $1.62 per share, with an average surprise of 28.9% [11] - STRT's fiscal 2026 earnings estimate has moved up by 23.3% to $5.24 per share, with an average surprise of 83.1% [12] - NRIM's 2025 earnings estimate has been revised upward by $0.15 to $2.50 per share, with an average surprise of approximately 19% [13]

Core Insights - The infrastructure and specialty-construction markets are experiencing growth due to robust public infrastructure spending, benefiting companies like Primoris Services Corporation (PRIM) and MasTec, Inc. (MTZ) [2] - Recent Federal Reserve rate cuts are further enhancing growth prospects for these companies, with expectations of additional cuts in the near future [3] Company Analysis: Primoris Services Corporation (PRIM) - Primoris Services is focused on cost control and disciplined capital management, capitalizing on strong demand across various sectors including power delivery and renewable energy [5][7] - The One Big Beautiful Bill Act, which includes tax incentives and significant defense spending, is expected to provide a substantial volume of projects for Primoris in the coming years [6] - For the first nine months of 2025, Primoris reported a 65.7% year-over-year increase in adjusted EPS to $4.54, with an optimistic outlook for 2025 adjusted EPS raised to $5.35-$5.55 [7] - Despite strong demand, Primoris faces margin pressures, with third-quarter 2025 margins contracting by 120 basis points to 10.8% due to various operational challenges [8] Company Analysis: MasTec, Inc. (MTZ) - MasTec is benefiting from strong activity in communications and clean energy markets, with a record backlog of $16.78 billion as of September 30, 2025, reflecting a 21.1% year-over-year increase [11] - The Pipeline Infrastructure segment has shown a revenue growth of 20% year-over-year, driven by increased spending on grid reliability and energy transition infrastructure [12] - However, MasTec is facing challenges such as project delays and fluctuations in capital spending, which have impacted revenue visibility [13][14] Stock Performance & Valuation - Over the past three months, MasTec's stock performance has outpaced that of Primoris and the broader construction sector [15] - Historically, MasTec has traded at a premium valuation compared to Primoris, with current estimates indicating a stronger growth trajectory for MasTec [16][18] - The Zacks Consensus Estimate for PRIM's 2025 EPS indicates a 31.3% year-over-year growth, while MTZ's estimate suggests a 60.8% increase [19][20][21] Investment Recommendation - While Primoris Services shows steady growth and strong demand, it is hindered by margin pressures and operational challenges [22] - MasTec, despite facing some project delays, has a stronger growth outlook and backlog strength, making it a more favorable investment option at this time [24]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Viewpoint - Morgan Stanley analyst David Arcaro raised the price target on Spire (SR) to $99 from $91 while maintaining an Equal Weight rating after the company updated its financial plan with Q4 results [1]. Financial Performance - The re-basing of long-term EPS growth indicates an 11% increase in earnings power compared to the previous plan [1].