Key Points Hong Kong-based Oxbow Capital Management initiated a position in Wolverine World Wide during the third quarter, buying up 1.98 million shares. The position was worth about $54.43 million at quarter-end. Wolverine World Wide is now the fund’s fifth-largest holding, reflecting a significant allocation to the consumer footwear company. These 10 stocks could mint the next wave of millionaires › On November 13, Hong Kong-based Oxbow Capital Management disclosed a new position in Wolverine ...

The U.S. stock market observes a quiet Christmas Day on Thursday, December 25, 2025, with all major exchanges, including the New York Stock Exchange (NYSE) and Nasdaq, closed for the holiday. This pause follows a robust, holiday-shortened trading session on Wednesday, December 24, where major indexes continued their upward trajectory, reaching new record highs. Investors are now looking ahead to the reopening of markets on Friday, December 26, and the economic landscape that awaits in the final days of 2025 ...

Key Points Apple's Tim Cook nearly doubled his stake in Nike. That vote of confidence has investors thinking Nike stock has bottomed. 10 stocks we like better than Nike › Nike (NYSE: NKE) shares surged on this holiday-shortened trading day. It might not be for a reason you would think, though. The global footwear and apparel maker has had a rough year. Even amid great overall market returns, Nike shares have plunged 20% this year. Most recently, the shares dropped sharply after the company reporte ...

Good morning. So, you just lowered your price target after this earnings, but you kept an overweight rating. Explain the rationale there.Lowering the price target, but keeping the rating. >> Uh yeah. No, good morning and uh thanks for having me.Great to be here. Uh listen, quoting, you know, Elliot Hill himself, uh this is not a turnaround that's linear, you know, by any means. uh they never are, you know, especially in a competitive consumer space and especially in this athletic space uh which is an extrem ...

Core Viewpoint - Nike is preparing to report its second-quarter fiscal 2026 earnings amid ongoing efforts to revive growth and streamline operations, although stock performance has been under pressure due to cautious investor sentiment [1][2]. Group 1: Earnings Report Expectations - The earnings report is scheduled for December 18, 2023, and is particularly relevant for short-term traders given Nike's history of stock performance post-earnings announcements [1][3]. - Management has guided for Q2 revenue to decline in the low single digits, with a modest 1% benefit from foreign exchange, indicating a conservative outlook [6]. Group 2: Market Conditions and Stock Performance - Nike shares have underperformed broader equity markets, down 11% year to date, with challenging demand conditions in key regions like North America and China [2]. - Despite the stock's weakness, Nike has seen shares rise following earnings announcements in three of the past four quarters, suggesting conservative expectations may be set [3]. Group 3: Options Market Sentiment - The options market indicates that investors expect a notable move in Nike stock post-earnings, with an implied move of about 7.4%, higher than the average of 6.8% over the past four quarters, reflecting elevated uncertainty [4]. Group 4: Strategic Initiatives - Nike's wholesale business is showing improving momentum due to strategic efforts to broaden distribution and reach new consumer segments, which may help offset overall softness in revenue [6].

Core Viewpoint - The article highlights five non-tech large-cap stocks that are currently trading on the dip from their 52-week highs, presenting attractive investment opportunities for 2026 [2][4]. Group 1: Market Overview - On December 11, 2025, the Dow and S&P 500 indexes advanced by 1.3% and 0.2%, respectively, reaching new all-time high closings, while the tech-heavy Nasdaq Composite fell by 0.3% [2]. - The recent Federal Reserve rate cut and high valuations in the technology sector have prompted a shift in market focus towards rate-sensitive cyclical sectors such as utilities, industrials, financials, energy, materials, and healthcare [3]. Group 2: Featured Stocks On Holding AG (ONON) - On Holding specializes in footwear and sports apparel, with an expected revenue growth rate of 20.6% and earnings growth rate of 79.3% for the next year [5]. - The Zacks Consensus Estimate for next year's earnings has improved by 22% over the last 30 days, and ONON is currently trading at a 22.7% discount from its 52-week high [5]. Lennar Corp. (LEN) - Lennar is involved in homebuilding and financial services, benefiting from a tech-enabled manufacturing platform aimed at improving efficiencies and reducing costs [6]. - The company has an expected revenue growth rate of 1.9% and earnings growth rate of 11.1% for the next year, with a 21.2% discount from its 52-week high [8]. Jefferies Financial Group Inc. (JEF) - Jefferies has gained market share in investment banking without significantly expanding its balance sheet, which is expected to drive top-line growth [9]. - The expected revenue growth rate is 16.5% and earnings growth rate is 59.5% for the next year, with a 23.7% discount from its 52-week high [11]. Omnicom Group Inc. (OMC) - Omnicom's diverse portfolio across traditional and digital marketing segments enhances revenue stability [12]. - The expected revenue growth rate is 3.1% and earnings growth rate is 8.8% for the next year, currently trading at a 13.2% discount from its 52-week high [14]. Thomson Reuters Corp. (TRI) - Thomson Reuters provides value-added information and technology across various sectors, including law, tax, and financial services [15]. - The expected revenue growth rate is 7.6% and earnings growth rate is 12.4% for the next year, with a significant 39.6% discount from its 52-week high [16].

Market Overview - U.S. stock markets are experiencing a continued upward trend in 2025, supported by expectations of further Federal Reserve rate cuts, strong third-quarter earnings, and optimism surrounding artificial intelligence [1] Recommended Growth Stocks - Five growth stocks are recommended for portfolio strengthening in December: Micron Technology Inc. (MU), Comfort Systems USA Inc. (FIX), Kinross Gold Corp. (KGC), On Holding AG (ONON), and MongoDB Inc. (MDB). Each stock has a Zacks Rank 1 (Strong Buy) and a Growth Score of A [2] Micron Technology Inc. (MU) - Micron Technology is a leader in the AI infrastructure boom, driven by strong demand for high-bandwidth memory (HBM) solutions, with record sales in the data center market [6][10] - The growing adoption of AI servers is reshaping the DRAM market, increasing demand for high-capacity DIMMs and low-power server DRAM, which MU is well-positioned to capitalize on [7] - Micron's diversification strategy has created a more stable revenue base by shifting focus from consumer electronics to resilient sectors like automotive and enterprise IT [8] - Expected revenue and earnings growth rates for Micron are 62% and over 100%, respectively, for the current year ending August 2026 [10] Comfort Systems USA Inc. (FIX) - Comfort Systems USA operates in the commercial and industrial HVAC markets, with a focus on manufacturing plants, office buildings, and healthcare facilities [11] - The data center boom, driven by AI and cloud computing, is increasing demand for specialized HVAC solutions, presenting high-margin opportunities for FIX [12][13] - Expected revenue and earnings growth rates for Comfort Systems are 14.7% and 16.4%, respectively, for the next year [13] Kinross Gold Corp. (KGC) - Kinross Gold has a strong production profile and a promising pipeline of exploration projects, focusing on organic growth through its Tasiast mine [14] - The company expects higher output and cash flow from expansions at Tasiast, Manh Choh, and Great Bear, benefiting from rising gold prices [15][16] - Expected revenue and earnings growth rates for Kinross are 9.9% and 32.6%, respectively, for the next year [16] On Holding AG (ONON) - On Holding provides footwear and sports apparel products, with expected revenue and earnings growth rates of 21.1% and 79.3%, respectively, for the next year [17] MongoDB Inc. (MDB) - MongoDB has expanded its Atlas platform into analytics, focusing on developer-friendly interfaces and distributed architectures, targeting modern workloads [18] - The company has benefited from platform adoption across enterprises and startups, with a focus on larger enterprises supporting deal sizes and sales efficiency [19] - Expected revenue and earnings growth rates for MongoDB are 12.8% and 16.6%, respectively, for the next year ending January 2027 [21]

Core Insights - The article discusses three stocks that are recommended as long-term investments for the holiday season, focusing on companies with wide economic moats [2][3]. Group 1: Stock Recommendations - The first recommended stock is Pepsi, a global leader in snacks and beverages, with a wide economic moat due to its strong brand portfolio [3]. - Pepsi's growth has stalled recently, but a renewed focus on health-oriented product innovation and cost-cutting measures is expected to yield positive results in the coming decade. The stock is valued at $166 per share [4]. - The second stock is Nike, the largest athletic footwear and apparel brand, which has also established a wide economic moat. Despite facing challenges such as lack of product innovation and increased competition, Nike's "win now" plan aims to enhance operating margins through strategic partnerships and product releases. The stock is valued at $14 [5]. - The final stock recommended is Alphabet, known for its brands like Google Search and YouTube. Alphabet is viewed as a conglomerate with diverse successful businesses, and despite antitrust concerns, it is expected to maintain its leadership in various sectors including search, AI, and cloud computing. The stock is valued at $340 [6][7].

Core Viewpoint - On Holding's shares surged 18% following an upward revision of its full-year sales and profit forecast, indicating strong business performance and positive market sentiment [1]. Group 1: Business Performance - On Holding reported a 24.9% increase in third-quarter net sales, reaching 794.4 million Swiss francs ($996 million), with a 34.5% growth when adjusted for currency fluctuations [3]. - The company experienced broad-based growth across its direct-to-consumer and wholesale channels, with strong sales in the EMEA, Americas, and APAC regions [3]. - Apparel and accessories were significant growth contributors, with sales increasing by 86.9% and 145.3%, respectively [4]. Group 2: Financial Metrics - On Holding's gross margin improved to 65.7%, up from 60.6% in the same quarter of the previous year, driven by a premium pricing strategy and effective cost control [4]. - The adjusted net income soared by 182.9% to 142 million francs ($178 million), translating to earnings of 0.43 francs ($0.54) per share [4]. Group 3: Future Outlook - The company raised its full-year net sales growth forecast to 34% from a previous estimate of 31%, and increased its gross margin guidance to 62.5% from approximately 61% [6]. - Management expressed confidence in a successful holiday season and long-term growth, emphasizing the brand's focus on premium positioning and innovation [6].

Financial Performance - Q3 2025 - Adjusted revenue reached $470 million, exceeding guidance of $450 million to $460 million, representing a 6.9% year-over-year increase, or 5.5% on a constant currency basis[52] - Gross margin was 47.5%, a 240 bps increase year-over-year, surpassing the approximate guidance of 47.0%[52] - Adjusted operating margin was 9.1%, a 150 bps increase year-over-year, also exceeding the approximate guidance of 8.3%[52] - Adjusted EPS was $0.36, a 28.6% increase year-over-year, or 25.0% on a constant currency basis, outperforming the guidance of $0.28 to $0.32[52] - Inventory at the end of the quarter was $293 million, a decrease of approximately 0.7% compared to the prior year[58] - Net debt at the end of the quarter was $543 million, a decrease of approximately 3.6% compared to the prior year[59] FY25 Guidance - Revenue is projected to be between $1.855 billion and $1.870 billion, representing a 6.4% increase at the midpoint compared to the 2024 ongoing business, or 5.6% on a constant currency basis[61] - Gross margin is expected to increase by 280 bps compared to last year, reaching approximately 47.1%[61] - Adjusted operating margin is expected to increase by 160 bps compared to last year, reaching approximately 8.9%[61] - Adjusted EPS is projected to be between $1.29 and $1.34, representing a 50.0% year-over-year increase at the midpoint compared to $0.88 in 2024[61]