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Market Skids, But This Stock Didn't Get The Memo. It's Up 9% This Week.
Investors· 2025-11-07 19:53
Core Insights - Cummins (CMI) stock increased by 9% this week, contrasting with the S&P 500's worst week since April, primarily driven by developments in AI data centers [2] - The stock reached a record high after a more than 5% jump on Thursday, despite a third-quarter report that showed only a 2% increase [2] Company Performance - Cummins received an upgrade in its IBD Relative Strength Rating from 80 to 85, indicating improved price performance [2][5] - The company is showing rising market leadership, as evidenced by its stock performance amidst broader market declines [2][5] Market Context - The overall market experienced a sharp decline, with the S&P 500 facing significant losses, highlighting the contrasting performance of Cummins [2] - Other sectors, particularly "Old Economy" stocks, have also seen gains due to earnings and new growth drivers, indicating a mixed market environment [5]
Best Value Stocks to Buy for August 18th
ZACKS· 2025-08-18 14:11
Group 1: Enova International - Enova International is an online financial services company offering loans in the US, UK, Australia, and Canada, with a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for Enova's current year earnings has increased by 2.4% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 8.83, significantly lower than the industry average of 14.10, and possesses a Value Score of A [2] Group 2: Precision Drilling - Precision Drilling is an oilfield services company providing contract drilling, well servicing, and strategic support services in North America and internationally, also holding a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Precision Drilling's current year earnings has increased by 18.4% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 11.06, compared to the industry average of 15.80, and possesses a Value Score of A [3] Group 3: China Yuchai International - China Yuchai International primarily manufactures and sells diesel engines for medium-duty trucks in China, carrying a Zacks Rank 1 [3] - The Zacks Consensus Estimate for China Yuchai's current year earnings has increased by 37.2% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 13.49, slightly below the industry average of 14.10, and possesses a Value Score of A [4]