Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Valmont Industries (VMI) currently holding a Momentum Style Score of B [2][3] Group 2: Valmont Industries Performance - Valmont Industries has shown a 2.7% increase in shares over the past week, while the Zacks Steel - Pipe and Tube industry increased by 2.92% [5] - Over the past quarter, VMI shares increased by 21.49%, and over the last year, they gained 34.94%, outperforming the S&P 500's increases of 10.18% and 20.38% respectively [6] - The average 20-day trading volume for VMI is 177,740 shares, indicating a bullish sign if the stock is rising with above-average volume [7] Group 3: Earnings Outlook - In the past two months, four earnings estimates for VMI have moved higher, with no downward revisions, raising the consensus estimate from $18.12 to $18.63 [9] - For the next fiscal year, four estimates have also moved upwards without any downward revisions [9] Group 4: Conclusion - Valmont Industries is rated as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: SPX Technologies (SPXC) - SPX Technologies currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [2][3] - The stock has shown significant price performance, with a 3.33% increase over the past week and a 10.4% increase over the past month, outperforming the Zacks Technology Services industry, which remained flat and increased by 3.62% respectively [5] - Over the past quarter, SPXC shares have risen by 31.03%, and by 16.11% over the last year, compared to the S&P 500's increases of 22.7% and 15.9% respectively [6] Trading Volume - SPXC's average 20-day trading volume is 265,929 shares, which serves as a baseline for price-to-volume analysis; a rising stock with above-average volume is generally seen as bullish [7] Earnings Outlook - Recent earnings estimate revisions show positive momentum, with one estimate moving higher for the full year, increasing the consensus estimate from $6.32 to $6.33 over the past 60 days [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the positive price trends, trading volume, and earnings outlook, SPX Technologies is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]

Financial Performance - Net sales for Q1 2025 reached $329.4 million[7], a 6.5% increase compared to $309.2 million in Q1 2024[38] - Adjusted EBITDA for Q1 2025 was $35.2 million[7], an 86.2% increase from $18.9 million in Q1 2024[38] - Adjusted EBITDA margin for Q1 2025 was 10.7%[7], compared to 6.1% in Q1 2024[38] - Free cash flow was $16.6 million in Q1 2025[7], representing 116% of net income[7] - Infrastructure Solutions net sales increased by 16.7% from $202.2 million in Q1 2024 to $236.0 million in Q1 2025[41] - Materials Solutions net sales decreased by 12.7% from $107.0 million in Q1 2024 to $93.4 million in Q1 2025[44] Backlog and Orders - The backlog level moderated to $402.6 million[7] in Q1 2025 - Consolidated implied orders for Q1 2025 were $312 million[29] Acquisition - Astec entered into a definitive agreement to acquire TerraSource Holdings, LLC[58], with 2024 revenue in excess of $150 million[68] - The purchase price for TerraSource is $245 million in cash[74] - The acquisition of TerraSource is expected to generate $10 million+ in total run-rate synergies[65]