Core Points - Kitron's Chief Operating Officer Kristoffer Asklöv has resigned to become CEO of a Swedish manufacturing company outside Kitron's competitive landscape [1] - Asklöv has been with Kitron for four years and has significantly contributed to the company's growth and operational development [2] - To facilitate a smooth transition, Asklöv will remain with Kitron until the end of the year, with his responsibilities being divided between the Chief Technology Officer Stian Haugen and Hasse Faxe, who will join as Chief Commercial Officer [3] Company Overview - Kitron is a leading Scandinavian electronics manufacturing services company operating in sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [4] - The company has operations in multiple countries including Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States [4] - Kitron employs approximately 2,400 people and reported revenues of EUR 647 million in 2024 [4]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1][2] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Kimball Electronics (KE) Analysis - Kimball Electronics (KE) has shown a four-week price change of 8.5%, indicating growing investor interest [4] - Over the past 12 weeks, KE's stock has gained 58.7%, with a beta of 1.28, suggesting it moves 28% more than the market [5] - KE has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has received a Zacks Rank 1 (Strong Buy) due to upward trends in earnings estimate revisions, which attract more investors [7] - KE is currently trading at a Price-to-Sales ratio of 0.51, suggesting it is undervalued at 51 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides KE, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in the identification of potential winning stocks [9]

Group 1 - Jabil Inc. is set to release its fourth-quarter earnings results on September 25, with analysts expecting earnings of $2.95 per share, an increase from $2.30 per share in the same period last year [1] - The company is projected to report quarterly revenue of $7.67 billion, compared to $6.96 billion a year earlier [1] - On July 17, Jabil announced a $1 billion share repurchase authorization [1] Group 2 - Jabil shares rose 0.5% to close at $234.45 on Tuesday [2] - Analysts have provided various ratings and price targets for Jabil, with JP Morgan maintaining an Overweight rating and raising the price target from $214 to $256 [4] - Stifel reinstated a Buy rating with a price target of $245, while B of A Securities raised its price target from $225 to $245 [4] - Raymond James reiterated a Strong Buy rating and increased the price target from $170 to $230, and Goldman Sachs raised its price target from $188 to $215 [4]

Core Viewpoint - Jabil Inc. is expected to provide conservative guidance for fiscal 2026, with a focus on AI and cloud-related revenue as key growth drivers, while other markets may remain flat or decline [1][4]. Group 1: Financial Projections - Analyst Ruplu Bhattacharya projects Jabil's revenue for fiscal 2026 to be $30.8 billion, with an operating margin of 5.6% and earnings per share (EPS) of $10.94, aligning closely with market estimates [2][4]. - AI-related revenue is anticipated to grow by 25% year-over-year, reaching $10.5 billion in fiscal 2026, up from $8.5 billion in fiscal 2025 [4]. Group 2: Strategic Developments - Jabil is investing $500 million in a new facility in North Carolina, expected to begin production in mid-2026, which will increase capital expenditures to approximately $540 million, or 1.8% of revenue for fiscal 2026 [5]. - Discussions with Indian Prime Minister Narendra Modi regarding a new facility in Gujarat, India, aim to support cloud, computing, storage, networking, and semiconductor markets [5]. Group 3: Market Segment Insights - Revenue from automotive and renewable energy segments is projected to decline year-over-year, although short-term gains may occur before energy tax credits expire [6]. - Healthcare revenue is expected to remain flat, with a facility for GLP-1 drugs in Croatia currently idle, which may slightly impact operating margins [6]. Group 4: Additional Opportunities - Ongoing efforts to secure deals similar to those with Johnson & Johnson could provide additional upside for the company [7]. - Digital commerce revenue is forecasted to increase year-over-year, while connected living revenue is expected to decline [7].

Group 1 - Needham raised its price target on TTM Technologies to $65 from $56 while maintaining a Buy rating, citing stronger growth prospects in AI data center and defense markets [1] - Shares of TTM Technologies increased by more than 1% in pre-market trading following the announcement [1] Group 2 - Street estimates for 2026 are considered conservative, especially in TTM's Data Center Computing business [2] - Despite concerns regarding the slower ramp-up at the Penang facility, Needham is confident that TTM's China operations, which represent the majority of production, can meet rising AI-driven demand [2] - There is potential upside from TTM's aerospace and defense segment as it approaches 2026 [2]

Core Insights - The current market presents a challenge for investors seeking safe places to allocate new capital, as the S&P 500 is experiencing record highs and significant rallies [1] - There are still opportunities to find relatively inexpensive stocks with above-average growth potential, particularly within the S&P 500 [2] Stock Selection - A screen identified 104 S&P 500 stocks with above-average growth and below-average price multiples, narrowing down to 86 after excluding energy and materials sectors [3][4] - T-Mobile is highlighted for its expected 19.4% earnings growth next year, trading at just over 18 times next year's earnings [4] - Royal Caribbean and Expedia are noted as strong travel stocks, with Expedia projected to grow earnings by 18% next year while trading at 13 times earnings, significantly cheaper than Booking Holdings [5] - Dollar Tree is identified as a consumer staples stock with a 15% growth rate, trading at less than 15 times next year's earnings, making it a favorable option [6] Financial Sector Opportunities - The financial sector is experiencing favorable conditions, with 34 of the 86 identified stocks coming from this sector [7] - Capital One Financial is projected to have nearly 14% earnings growth next year, trading at roughly 11 times next year's earnings [8] - American Express is expected to grow earnings by 12.6% next year, trading at less than 20 times earnings, which is cheaper than the overall S&P [9] - Citigroup is highlighted for its strong recovery under CEO Jane Fraser, with expected growth of 28% next year while trading at just 10.5 times earnings [10] - Keycorp, a regional bank, is expected to grow at 22% next year, trading at just under 11 times next year's earnings [11] Other Notable Stocks - Charles Schwab is recognized as a strong retail brokerage, while Apollo is noted for its leadership in private equity and private credit with projected earnings growth of 19% [12][13] - Insight, a biopharma company, stands out in the healthcare sector with expected earnings growth of 19% and trading at just under 12 times next year's earnings [14] - Caterpillar is noted for its strong performance, with an expected 18% earnings growth and trading at 22 times next year's earnings [15] - Dell Technologies is mentioned as a core player in AI infrastructure, while BXP, a real estate company, has rebounded after trimming its dividend to focus on growth projects [18][19] - Energy, a utility company, is highlighted for its growth potential due to infrastructure projects, including a $10 billion data center by Meta [20]

Group 1 - Celestica (CLS) stock is highlighted as a significant investment opportunity, being this week's Big Cap 20 pick, with a year-to-date increase of over 168% [1] - The company specializes in design, manufacturing, and supply-chain solutions across various sectors, including enterprise, aerospace, health, communications, sustainable energy, and data centers [1] - Celestica stock ranks first in its category, indicating strong market performance and investor interest [1] Group 2 - The stock has experienced a notable pullback after a 95% surge, suggesting potential for bullish plays among option traders [4] - Despite not paying a dividend, strategies to create yield from Celestica stock are being explored [4] - The overall market sentiment includes other stocks performing well, with some mutual fund favorites up around 70% this year [4]

Core Viewpoint - Jabil, Inc. is set to report its fourth-quarter fiscal 2025 earnings on September 25, with sales estimated at $7.6 billion and earnings per share (EPS) at $2.95, reflecting slight upward adjustments for 2025 and downward adjustments for 2026 in earnings estimates [1][6]. Earnings Performance - Jabil has a strong earnings surprise history, exceeding expectations in the last four quarters with an average surprise of 6.68% [2]. Earnings Prediction - Current analysis indicates that Jabil may not achieve an earnings beat for the fourth quarter, with an Earnings Surprise Prediction (ESP) of +5.94% and a Zacks Rank of 4 [3]. Factors Influencing Results - Jabil plans to invest $500 million to expand its AI data center infrastructure, which is expected to enhance its manufacturing capabilities and workforce development [6][7]. - The localization of production facilities aims to align manufacturing with regional demand and mitigate risks from geopolitical volatility and tariffs [8]. Segment Performance - The Regulated Industries segment is projected to see revenues of $2.9 billion, down from $3 billion year-over-year, primarily due to weak demand in the electric vehicle market [9]. - The Connected Living & Digital Commerce segment is expected to generate $1.31 billion in revenue, a decrease from $1.44 billion [10]. - The Intelligent Infrastructure segment anticipates revenues of $3.52 billion, showing growth from $2.27 billion [10]. Stock Performance - Over the past year, Jabil's stock has increased by 95.8%, underperforming the industry growth of 141.8% but outperforming Flex Ltd. [11]. Valuation Metrics - Jabil's shares are trading at a forward price/earnings ratio of 20.02, which is lower than the industry average of 25.4 but above its historical mean of 17.91 [12]. Investment Considerations - The company's growth is hindered by demand softness across multiple markets, particularly in renewable energy and 5G sectors, as well as fluctuating demand in the electric vehicle market [15]. - Jabil faces stiff competition from industry leaders and challenges related to customer manufacturing preferences, which could impact net sales growth [16]. - Supply chain issues and rising costs due to local production initiatives may lead to margin pressures in the near term [17]. - Overall, Jabil's growth prospects are affected by weak demand in key segments, competitive pressures, and macroeconomic challenges [18].

Core Viewpoint - Jabil Inc. is expected to report strong quarterly earnings, with Wall Street anticipating an EPS of $2.95 and revenue of approximately $7.65 billion on September 25, 2025, reflecting a positive outlook based on its history of exceeding earnings estimates [1][6]. Financial Performance - Jabil's earnings are projected to show a year-over-year increase, driven by higher revenues for the quarter ending August 2025, with an average outperformance of 8.31% over the last two quarters [2]. - The company's price-to-earnings (P/E) ratio is approximately 42.65, indicating a high market valuation of its earnings [4][6]. - The price-to-sales ratio stands at about 0.84, suggesting investor willingness to pay per dollar of sales [4][6]. - Jabil's enterprise value to sales ratio is around 0.90, reflecting its total valuation relative to sales [4]. - The debt-to-equity ratio is approximately 2.59, indicating a significant level of debt relative to equity [5][6]. - The current ratio is around 0.98, suggesting Jabil's ability to cover short-term liabilities with short-term assets [5]. Market Reaction - The actual impact on Jabil's stock price will depend on the comparison of reported figures to estimates, with potential upward movement if expectations are surpassed, or a decline if they are missed [3].

Company Overview - Kitron ASA is a leading Scandinavian electronics manufacturing services company operating in sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [3] - The company has a workforce of approximately 2,400 employees and reported revenues of EUR 647 million in 2024 [3] Share Capital and Incentive Program - On September 15, 2025, Kitron ASA announced the issuance of 485,698 new shares under its share incentive program [1] - Following the registration of the new shares, the registered share capital of Kitron ASA is NOK 19,940,285.90, divided into 199,402,859 shares, each with a par value of NOK 0.10 [2] - Each share entitles the holder to one vote at the company's general meeting [2]