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O-I Glass (OI) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-12-15 18:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Why O-I Glass (OI) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-12-15 15:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...
2 Stocks to Buy From the Prospering Glass Products Industry
ZACKS· 2025-08-26 16:46
Industry Overview - The Zacks Glass Products industry is experiencing growth due to rising demand for glass in packaging and construction, driven by its recyclability and sustainability benefits [1][4] - The industry is expected to benefit from the increasing demand for energy-efficient smart windows and glass panels [1][6] Major Trends - Glass packaging is gaining popularity, with over 80% of recycled bottles being reused to make new bottles, significantly reducing the need for raw materials [4] - The global market value of glass containers and bottles is projected to grow from $75.3 billion in 2024 to $115.3 billion in 2034, at a CAGR of 4.4% [4] - The construction sector is increasingly adopting glass as a sustainable alternative to traditional materials, with the global construction glass market expected to rise from $116.25 billion in 2024 to $196.58 billion by 2034, reflecting a CAGR of 5.39% [5] Technological Innovations - Companies are introducing smart glass products that enhance natural light access while minimizing glare and heat, contributing to energy savings [6] - Innovations in glass technology, such as electrokinetic technology, are enabling buildings to reduce energy consumption [3][6] Industry Challenges - The industry faces rising costs in transportation, chemicals, and fuel, prompting companies to focus on pricing strategies and cost reduction through automation [7] Industry Performance - The Zacks Glass Products industry holds a Zacks Industry Rank 2, placing it in the top 1% of 245 Zacks industries, indicating strong earnings growth potential [8][10] - Despite this, the industry has underperformed the S&P 500 and the Industrial Products sector over the past year, with a collective decline of 11.4% [12] Valuation Metrics - The industry is currently trading at an EV/EBITDA ratio of 5.16X, significantly lower than the S&P 500's 17.77X and the Industrial Products sector's 19.85X [15] - Over the past five years, the industry's EV/EBITDA ratio has ranged from a high of 9.42X to a low of 1.73X, with a median of 5.90X [18] Company Highlights - O-I Glass is implementing a cost-reduction initiative expected to generate at least $250 million in benefits by 2025 and $650 million by 2027, while also focusing on reducing the weight of glass containers by up to 30% [19][20] - Apogee Enterprises is enhancing efficiency through Project Fortify, aiming for annualized pre-tax cost savings of approximately $13-$15 million, and has raised its dividend for 12 consecutive years [24][25]
Is Consumer Discretionary a Dead End? These 3 Stocks Say No
MarketBeat· 2025-06-11 21:07
Consumer Discretionary Sector Overview - The consumer discretionary sector typically thrives during strong economic conditions, characterized by low interest rates and robust job growth [1] - Recent employment data indicates a decline in job additions, with only 139,000 jobs added in May 2025 compared to 272,000 in May 2024, suggesting potential challenges for the sector [2] - The Consumer Discretionary Select Sector SPDR Fund (XLY) is down over 2% year-to-date, contrasting with a 3% increase in the broader S&P 500 [3] Greif Inc. Performance - Greif Inc. has a 12-month stock price forecast of $74.17, indicating a 14.15% upside potential based on 7 analyst ratings, with a current price of $64.97 [3] - The company has a strong dividend yield of 3.36% and a payout ratio of 60.85%, reflecting its stability over nearly 140 years in business [4] - Greif's earnings per share (EPS) of $1.19 exceeded analyst expectations by 11 cents, with quarterly revenue showing a year-over-year increase of just over 1% [5] - The company is targeting $25 million in savings for the current fiscal year and $100 million by the end of fiscal 2027 through cost optimization efforts [6] - Greif's operational structure mitigates tariff impacts by selling products close to manufacturing locations, enhancing its competitive position [7] O-I Glass Inc. Performance - O-I Glass has a 12-month stock price forecast of $15.88, representing a 16.56% upside based on 8 analyst ratings, with a current price of $13.62 [9] - The company benefits from increasing demand for glass containers as consumers shift away from plastics, positioning it well for future growth [9] - O-I's Fit to Win program has successfully improved operational efficiency, contributing $61 million in benefits and leading to an adjusted EPS of 40 cents, surpassing analyst predictions by 22 cents [10] - Future projections indicate adjusted earnings for 2025 could surge up to 85% above 2024 levels, with strong analyst support reflected in six Buy ratings [11] Silgan Holdings Inc. Performance - Silgan Holdings has a 12-month stock price forecast of $63.11, indicating a 15.42% upside based on 9 analyst ratings, with a current price of $54.68 [12] - The company reported an 11% year-over-year revenue increase, with EPS of 82 cents exceeding expectations by 4 cents [13] - Despite strong performance, recent executive turnover introduces uncertainty, particularly in the U.S. metal containers business [14] - Analysts remain optimistic, with all nine ratings for Silgan shares classified as Buy [15]