Core Insights - Knowledge Economic City (KEC) has formed a strategic joint venture with Archipelago International to create a hospitality management company in Madinah, Saudi Arabia, with both parties holding equal shares [1][2] - The new company will focus on developing a Saudi hotel brand and managing the construction of a hotel with approximately 2,500 keys, marking a significant development in the Saudi hospitality sector [1][2] Company Overview - Archipelago International is the largest privately owned hotel management group in Southeast Asia, managing over 45,000 rooms across more than 200 hotels in various regions including Southeast Asia, Latin America, the Middle East, the Caribbean, and Oceania [4] - KEC is regulated by the Economic Cities and Special Zones Authority and aims to drive urban and economic changes in Madinah through strategic partnerships [4] Industry Impact - The partnership aims to enhance the hospitality industry in Saudi Arabia, contributing to the diversification of the sector and increasing employment opportunities for national talent [3] - Future plans include franchise and management models to support broader growth across the kingdom [3]

Group 1: Seagate Technology Holdings plc (STX) - Seagate Technology Holdings plc is a data storage devices and solutions company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7% over the last 60 days [1] - The company has a PEG ratio of 1.10 compared to the industry average of 1.53, indicating strong growth potential [1] - Seagate possesses a Growth Score of B, reflecting its favorable growth characteristics [1] Group 2: Zurn Elkay Water Solutions Corporation (ZWS) - Zurn Elkay Water Solutions Corporation is a water management solutions provider with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 4.2% over the last 60 days [2] - The company has a PEG ratio of 2.26 compared to the industry average of 2.67, suggesting competitive growth prospects [2] - Zurn Elkay also possesses a Growth Score of B, indicating solid growth characteristics [2] Group 3: H World Group Limited (HTHT) - H World Group Limited is a hotel management company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3.1% over the last 60 days [3] - The company has a PEG ratio of 1.25 compared to the industry average of 1.95, highlighting its growth potential [3] - H World Group possesses a Growth Score of B, reflecting its strong growth characteristics [3]

Group 1: Seagate Technology Holdings plc (STX) - Seagate Technology Holdings plc is a data storage devices and solutions company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7% over the last 60 days [1] - The company has a PEG ratio of 1.05, which is lower than the industry average of 1.49, and possesses a Growth Score of B [1] Group 2: Cibest S.A. (CIB) - Cibest S.A. provides banking services and products and also carries a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 3.3% over the last 60 days [2] - The company has a PEG ratio of 1.24 compared to the industry average of 2.17, and possesses a Growth Score of B [2] Group 3: H World Group Limited (HTHT) - H World Group Limited is a hotel management company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3% over the last 60 days [3] - The company has a PEG ratio of 1.15, which is lower than the industry average of 1.86, and possesses a Growth Score of B [3]