Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Investors following momentum investing often avoid undervalued stocks, believing that quicker profits can be made from trending stocks [1] - Identifying the right entry point for fast-moving stocks can be challenging, as these stocks may lose momentum if future growth does not justify their high valuations [1] Group 2: Investment Opportunities - Primoris Services (PRIM) has shown a price increase of 3.7% over the past four weeks, indicating growing investor interest [3] - Over the past 12 weeks, PRIM's stock has gained 57.6%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - PRIM has a beta of 1.42, suggesting it moves 42% more than the market in either direction, indicating fast-paced momentum [4] Group 3: Valuation and Earnings - PRIM has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [6] - PRIM is trading at a Price-to-Sales ratio of 0.92, indicating it is relatively cheap at 92 cents for each dollar of sales [6] Group 4: Additional Investment Options - Besides PRIM, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify potential winning stocks [8]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] 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] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Primoris Services (PRIM) Analysis - Primoris Services (PRIM) has shown a four-week price change of 8.3%, indicating growing investor interest [4] - Over the past 12 weeks, PRIM's stock has gained 48.1%, with a beta of 1.37, suggesting it moves 37% more than the market [5] - PRIM has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - PRIM is trading at a Price-to-Sales ratio of 0.65, suggesting it is undervalued at 65 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides PRIM, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify potential winning stocks based on various investing styles [9]

Financial Data and Key Metrics Changes - The company reported a 19% year-over-year revenue growth to $1,250,000,000 for Q1 2025, with operating income up 34% to $65,000,000 and earnings per share increasing 77% to $0.53 [5][18] - The backlog grew 94% to a record $19,400,000,000, with operating cash flow at $23,000,000, marking the third-best first quarter result in the company's history [5][22] Business Line Data and Key Metrics Changes - Civil segment revenue increased 29% to $610,000,000, while building segment revenue rose 12% to $460,000,000, and specialty contractors segment revenue grew 7% to $177,000,000 [18][19] - Civil segment income from construction operations was $80,000,000, up from $71,000,000, while building segment income decreased to $10,000,000 from $16,000,000 [19][20] - The specialty contractors segment posted a loss of $7,000,000, an improvement from a loss of $18,000,000 the previous year [20] Market Data and Key Metrics Changes - The company secured $2,000,000,000 in new awards and contract adjustments during the first quarter, contributing to the record backlog [6][7] - The Indo-Pacific region is highlighted as a significant area for project opportunities, particularly due to U.S. military initiatives [8][9] Company Strategy and Development Direction - The company plans to be selective in bidding for projects with favorable contractual terms and higher margins, leveraging its record backlog [8][9] - The company is increasing its 2025 EPS guidance to a range of $1.6 to $1.95, reflecting confidence in future performance despite potential risks [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, anticipating that earnings in 2026 and 2027 will more than double the increased EPS guidance for 2025 [13][14] - There are no anticipated significant impacts from U.S. trade policy or federal spending programs on major projects [14][15] Other Important Information - The company has reduced total debt by 24% to $406,000,000, enhancing its balance sheet [22][23] - The company is considering returning capital to shareholders through dividends or share buybacks as cash accumulates [50][51] Q&A Session Summary Question: Was the quarter clean without significant closeouts or contract settlements? - Management confirmed that the quarter was clean from significant dispute resolution impacts, with cash collections expected in the second quarter [27][28] Question: What is needed to move projects from preconstruction to construction phase? - Management indicated that the passage of time and ongoing preconstruction activities are key, with several projects expected to move into backlog soon [33][35] Question: What are the expectations for EPS guidance in 2025, 2026, and 2027? - Management stated that the guidance is based on the ramp-up of new projects with better margins, expecting to double the EPS in the following years [44][46] Question: How is the company addressing potential tariff impacts? - Management noted that while costs are rising, they have favorable contract terms that protect against tariff impacts, and no significant negative effects have been felt on existing work [37][38] Question: What is the outlook for backlog growth? - Management believes that the backlog could grow from the current $19,400,000,000, depending on the success of upcoming bids [67][68] Question: When is peak revenue expected? - Management anticipates that peak revenues will occur in 2027, with significant increases expected in 2026 as major projects ramp up [69][70]

Core Viewpoint - Phoenix Asia Holdings Limited has successfully closed its initial public offering, raising a total of $6.4 million by offering 1,600,000 ordinary shares at a price of $4.00 per share, with trading commencing on Nasdaq Capital Market under the ticker symbol "PHOE" [1] Group 1: Offering Details - The offering closed on April 28, 2025, and shares began trading on April 25, 2025 [1] - The underwriters have an option to purchase an additional 240,000 ordinary shares within 45 days from the closing date to cover over-allotments [2] - The offering was conducted on a firm commitment basis, with D. Boral Capital LLC serving as the sole book-running manager [3] Group 2: Use of Proceeds - The company plans to allocate 35% of the proceeds for hiring additional staff, 15% for acquiring innovative machinery, 10% for enhancing its brand "Winfield," and 40% for working capital and other general corporate purposes [4] Group 3: Company Background - Phoenix Asia Holdings Limited is a substructure contractor in Hong Kong, recognized for its craftsmanship and high standards in safety and customer satisfaction [7] - The company operates primarily through its wholly-owned subsidiary, Winfield Engineering (Hong Kong) Limited, which specializes in substructure works including site formation and foundation works [8]