Track market-moving stories before they get noisy

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

One stock to keep an eye on is DaVita (DVA - Free Report) . DVA is currently holding a Zacks Rank #1 (Strong Buy) and a Value grade of A. The stock holds a P/E ratio of 10.65, while its industry has an average P/E of 18.26. DVA's Forward P/E has been as high as 15.44 and as low as 10.48, with a median of 13.17, all within the past year.

Investors should also note that DVA holds a PEG ratio of 0.83. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. DVA's PEG compares to its industry's average PEG of 1.42. Within the past year, DVA's PEG has been as high as 1.09 and as low as 0.69, with a median of 0.87.

Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. DVA has a P/S ratio of 1.06. This compares to its industry's average P/S of 1.32.

These are just a handful of the figures considered in DaVita's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that DVA is an impressive value stock right now.

© K_E_N / iStock via Getty Images

Our Palantir (NASDAQ:PLTR | PLTR Price Prediction) call is straightforward heading into the back half of 2026: after a brutal drawdown, the stock has room to run, but not as much as the loudest bulls think.

The 24/7 Wall St. price target for Palantir is $153.09, implying roughly 21.76% upside from the $125.73 close on July 1. Our recommendation is buy, with a confidence level of 90%. In plain terms: high conviction that Palantir grinds back toward the low $150s by year-end, driven by fundamentals rather than a return to speculative frenzy.

Metric Value Current Price $125.73 24/7 Wall St. Price Target $153.09 Upside 21.76% Recommendation BUY Confidence Level 90% A Painful First Half Sets Up the Setup Palantir enters July down 29.27% year to date, with a 21.74% slide over the past month alone. Yet the operating story has never been stronger.

Q1 2026 revenue hit $1.63 billion, up 84.71% year over year, with adjusted EPS of $0.33 topping consensus by 18.07%. GAAP operating income of $754 million produced a 46% margin, and management raised FY 2026 revenue guidance to $7.650 to $7.662 billion, roughly 71% growth.

The recent NVIDIA sovereign AI partnership and Cathie Wood’s continued accumulation have helped the stock claw back 10.78% in the last week.

Why Bulls See a Breakout Ahead The bull case rests on U.S. commercial acceleration. That segment grew 133% in Q1 2026, and remaining deal value swelled to $4.92 billion, up 112%. Bank of America maintains a Buy with a $181 target, and the sell-side consensus sits at $182.75.

Our own bull-case model projects $199.17 over the next twelve months if AIP adoption compounds and margins hold near 60%. Morningstar’s recent 4-star upgrade and Ark’s fresh buying add institutional validation.

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What Could Go Wrong The bear case starts with valuation. A P/E of 131 leaves zero room for a guidance miss. Insider selling has been heavy: CEO Alex Karp disposed of 397,744 Class A shares on May 20, with President Shyam Sankar and Director Stephen Cohen selling large blocks the same day.

Bulls will counter that these were largely planned 10b5-1 sales tied to option exercises and RSU vesting. Our bear-case model points to $135.88 if multiple compression accelerates. Stock-based compensation of $201.6 million in Q1 alone also dilutes shareholders meaningfully.

Palantir Price Prediction 2026-2030 The 24/7 Wall St. price target of $153.09 reflects a buy at 90% confidence. The tipping factor is the guidance raise: management added 10 points of growth in a single quarter, a signal earned by execution.

I’d be a buyer here if Q2 2026 results confirm the U.S. commercial acceleration and adjusted operating margin holds above 55%. I’d stay on the sidelines if the next report shows any deceleration in U.S. commercial TCV or a slip in Rule of 40 back below 120%.

Looking further out, here is where our model projects Palantir could trade, assuming current growth trajectories moderate gradually and multiples compress toward large-cap software norms.

Year 24/7 Wall St. Price Target 2026 $153.09 2027 $175.00 2028 $195.00 2029 $212.00 2030 $227.67 These projections assume Palantir continues converting AIP momentum into commercial revenue and government contracts. Meaningful upside or downside could come from sovereign AI wins, a slowdown in defense spending, or a broader repricing of premium-multiple software names.

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Contact [email protected] for any questions or corrections.

Palantir (PLTR) continues to live up to its volatility, as Marley Kayden points to a stark sell-off in shares since the start of 2026 while also being over 20% from recent 52-week lows. DA Davidson gave bulls room to run Thursday after it issued an upgrade for the software giant.

The Amplify Online Retail ETF (IBUY) has rallied over the past month, signaling a robust appetite for online consumer discretionary spending despite persistent macroeconomic headwinds. Outsized gains in specialized healthcare retail and online travel names have driven performance for IBUY’s underlying index.

Key Takeaways Digital healthcare and specialized e-commerce marketplaces anchored the monthly rally, with top-performing holdings delivering returns over 25%. Top individual security performance comfortably drove net positive attribution across the portfolio’s core index holdings. Strong underlying fundamentals suggest that advisors can utilize targeted e-commerce exposure to capture growth-tilted tactical alpha. Top Security Attribution Drives June Gains Data reflecting the portfolio’s index attribution in June show a positive performance trajectory. Leading the charge for the portfolio was Hims & Hers Health Inc (HIMS), which maintained an average weight of 2.7% and posted an impressive 32.6% return over the month.

Digital home furnishings marketplace Wayfair Inc (W) also proved to be a driver of growth, returning 27.9% with an average weight of 2.9%, adding nearly 1% to the ETF’s performance. Other notable contributors included travel platform Tripadvisor (TRIP) — up 22.6% — and grocery delivery staple Instacart (CART) — up 19.0%. Though smaller in average weight at 0.9%, Victoria’s Secret (VSXY) experienced a massive 51.8% return spike, providing a 0.3% boost to the ETF.

Rounding out the top tier, Redcare Pharmacy (RDC) posted a substantial 48.1% return on an average weight of 0.9%, contributing 0.3% to the index. 

Diversified Index Design Beyond Retail Giants IBUY is based on the EQM Online Retail Index (IBUYXP), a global basket of companies deriving revenue from online retail. This includes traditional online retail, online travel, online marketplace, and omnichannel retail.

Furthermore, the fund uses a modified equal-weighting approach. Market-cap-weighted strategies that can become over-concentrated in online retail giants. However, IBUY takes a more diversified approach than other funds in the segment, offering exposure across the cap spectrum. 

This systematic diversification makes it an ideal vehicle for advisors evaluating the long-term journey of online retail. Additionally, this unique structural edge positions the fund to capitalize on targeted consumer events, such as the Prime Day online retail boom.

For more news, information, and analysis, visit the Thematic Investing Content Hub.

vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for IBUY, for which it receives an index licensing fee. However, IBUY is not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of IBUY. 

While positive coverage from Wall Street analysts doesn't necessarily mean a stock will go up, it can be a useful gauge of sentiment among influential institutional investors. It can also provide useful insights into the key catalysts that could shape pricing action going forward.

Along those lines, Micron Technology (MU 5.65%) shareholders and those who are considering buying the stock have had a lot to feel good about recently. On June 24, the company published results for the third quarter of its current fiscal year -- a period that wrapped on May 28. Following the memory technology specialist's blowout quarterly report, it has received another round of bullish ratings and price target increases from high-profile investment firms.

Image source: Getty Images.

Wall Street loved Micron's fiscal Q3 report Micron posted sales of $41.46 billion in the quarter, trouncing the average analyst estimate for revenue of $35.84 billion in the period. Meanwhile, earnings per share came in at $25.11, crushing the average estimate of $20.78. The company also guided for strong sales growth to continue, targeting roughly $50 billion in revenue in the current quarter -- up from roughly $11.3 billion in the prior-year quarter. With such strong results and impressive forward guidance, it wasn't surprising to see a wave of analysts raising valuation targets.

On June 25, Deutsche Bank published new coverage on the stock -- maintaining a buy rating and raising its one-year price target from $1,500 per share to $1,550 per share. Melissa Weathers, the firm's lead analyst on the stock, said that Micron's fiscal Q3 report showed the business had cleared a high bar strategically and financially, and went so far as to describe the performance as "stunning."

The same day, investment firm DA Davidson weighed in with its own new report on the stock. The firm reiterated its buy rating on Micron and raised its one-year price target from $1,500 per share to $2,000 per share. While the business has historically been subject to cyclical trends, demand connected to artificial intelligence has provided the memory technology leader with its best-ever demand outlook and performance visibility. DA Davidson's analysts said the strong demand cycle for AI memory chips is far from over, and Micron's long-term supply contracts suggest they are correct.

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On June 29, Cantor Fitzgerald also raised its one-year price target on the stock from $1,500 per share to $2,000 per share and maintained an overweight rating on the stock. Cantor's analysts pointed to the company locking in future revenues at high gross margins through multi-year contracts as a big win for Micron, likely to translate into continued valuation gains.

Again, the latest wave of bullish analyst coverage doesn't necessarily mean Micron stock will continue marching higher over the next year. Even though the business is posting stellar performance, macroeconomic pressures and other dynamics could lead to valuation stagnation or significant pullbacks in the stock. On the other hand, analysts' positive coverage reflects just how strong the business's results have been and how promising its outlook is -- and it's not hard to see why Wall Street loves the stock right now.

Memory and storage stocks are sliding again Thursday morning, extending a rare pullback for a group that has posted extraordinary gains through 2026. SanDisk (NASDAQ:SNDK | SNDK Price Prediction) stock is leading the declines, down 11% to $1,802 in midday trading. Seagate Technology (NASDAQ:STX) shares are off 7% to $852, Western Digital (NASDAQ:WDC) shares are down 7% to $556 and Micron Technology (NASDAQ:MU) stock is lower by 4% to $992.

The sector proxy is moving in lockstep. The Roundhill Memory ETF (CBOE:DRAM) is down 5% to $62, reflecting broad weakness across NAND, DRAM, and hard-disk-drive names as traders trim exposure to some of 2026’s biggest winners.

Thursday marks the second straight session of declines, with Micron and SanDisk stock also falling sharply on Wednesday. The setup looks like profit-taking and institutional rebalancing at the start of the second half, without a clear fundamental trigger, catalyzed by a fresh warning from a well-known research shop.

Morningstar Warning Fuels the Reset The immediate catalyst is commentary from Morningstar’s director of research, Lorraine Tan, who told Bloomberg TV that a large slice of AI names could give back 20% to 30% before becoming buyable again. As we detailed recently, Tan flagged the biggest-gaining memory names as the most exposed to a valuation reset.

Her concern centers on capacity. Announced supply additions from Samsung and SK Hynix are expected to soften memory pricing as supply catches up with demand, while AI capital expenditure is expected to peak in 2026 and taper thereafter. That combination targets exactly the pricing power that drove the group’s dramatic margin expansion this cycle, and it lands on stocks that have posted enormous multi-hundred-percent gains in 2026.

The Roundhill Memory ETF illustrates the concentration risk. Its top holdings include Samsung Electronics at 25%, SK hynix at 24%, and Micron at 24%, followed by SanDisk, Western Digital, and Seagate. When capacity fears hit, the whole basket moves.

Bull Case Isn’t Going Quietly The sell-side counterpoint remains firm. Bank of America (NYSE:BAC) on Wednesday raised its SanDisk stock price target to $2,500 from $2,100 with a Buy rating, arguing the NAND supply-and-demand imbalance and firm pricing should persist through 2027. That target sits well above where SanDisk stock is trading after today’s slide.

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Micron’s fundamentals also cut against the glut narrative. The company reported fiscal Q3 revenue of $41.46 billion, up 346% year over year and guided fiscal Q4 revenue to $50 billion, citing multi-year Strategic Customer Agreements as cycle insulation. Micron stock trades at a forward P/E ratio of 7x, with a consensus analyst target of $1,410 and overwhelmingly bullish coverage.

Seagate and Western Digital carry similar tailwinds. Both are seeing accelerating hard-disk demand tied to AI training and inference storage, and both delivered solid earnings beats in their most recent quarters. Retail sentiment, notably on Reddit, has stayed largely bullish through the pullback, though sentiment is not a fundamental.

What to Watch Now The Roundhill Memory ETF offers a clean read on how the group trades from here, though the ETF and its underlying chip stocks have been highly volatile. A one- or two-day pullback after such a run doesn’t by itself invalidate the long-term thesis, but it does test conviction at a very different price than a month ago.

The tension is easy to identify here. The bull case rests on AI-driven memory demand outpacing supply into 2027. The bear case, articulated by Morningstar, is that new capacity plus a plateau in AI capex could compress pricing sooner than expected. Both can be right on different timelines, which is why position sizing matters.

Investors may want to size their positions in these names carefully after an extraordinary run. Market watchers can watch for whether the group finds a bid into the close, and whether any Wall Street desk pushes back publicly on the Morningstar call in coming sessions.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

Key Takeaways Brazil's FX-neutral GMV growth rose to 38%, while items sold surged 56% in the first quarter.Lower free shipping threshold helped attract new customers and lift purchase frequency in Brazil.Brazil unit shipping costs fell 17% in local currency as same and next-day shipments rose 39%. MercadoLibre, Inc.’s (MELI - Free Report) first-quarter 2026 performance suggests Brazil is becoming one of the important growth engines. While the company continued to deliver healthy momentum across Latin America, Brazil stood out for accelerating growth in both commerce and customer engagement, supported by sustained investments in logistics, pricing and the user experience. The market has evolved beyond being MercadoLibre’s largest contributor by scale and is now driving some of its strongest operating trends.

The clearest evidence came from the marketplace business. Brazil’s FX-neutral gross merchandise volume (GMV) growth accelerated to 38% in the first quarter from 35% in the preceding quarter, while items sold surged 56%, up from 45% in the fourth quarter and 42% in the third quarter of 2025. The company attributed the improvement largely to its lower free-shipping threshold, which continued to attract new customers and encourage higher purchase frequency. Brazil also fueled a record year-over-year increase of 17 million unique active buyers, helping MercadoLibre’s total unique active buyers grow 26%.

The stronger demand is also improving operating efficiency. Same and next-day shipments increased 39% year over year, driven particularly by accelerating volumes in Brazil. At the same time, unit shipping costs in Brazil declined 17% in local currency from the prior year, improving from an 11% reduction in the preceding quarter despite significantly higher shipment volumes. This demonstrates that rising scale is helping offset the costs of MercadoLibre’s free-shipping initiatives.

Brazil is also reinforcing MercadoLibre’s broader ecosystem strategy. The company highlighted continued strength in Mercado Pago, while its credit card business in Brazil has reached a stage where older customer cohorts are maturing as expected, supporting further expansion. Together, these trends suggest Brazil is no longer just MercadoLibre’s biggest market by scale, but one of the clearest drivers behind its accelerating marketplace growth.

What the Latest Metrics Say About MercadoLibreMercadoLibre, which competes with Amazon.com, Inc. (AMZN - Free Report) and Sea Limited (SE - Free Report) , has seen its shares jump 1.6% over the past three months compared with the industry’s 7.3% rise. While shares of Amazon have rallied 15.3%, those of Sea Limited have advanced 24.4% in the aforementioned period.
 

Image Source: Zacks Investment Research

From a valuation standpoint, MercadoLibre's forward 12-month price-to-earnings (P/E) ratio stands at 34.42, higher than the industry’s ratio of 21.07. The stock is trading marginally below its 12-month median level of 34.44.

MercadoLibre is trading at a premium to Amazon (with a forward 12-month P/E ratio of 25.61) and Sea Limited (20.54).

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for MercadoLibre’s current financial-year sales and earnings per share implies year-over-year growth of 39.7% and 4%, respectively. For the next fiscal year, the consensus estimate indicates a 26.6% rise in sales and 47% growth in earnings.

The consensus estimate for earnings per share for the current and next fiscal year has fallen by $6.87 and $6.95 to $40.97 and $60.22, respectively, over the past 30 days.

Image Source: Zacks Investment Research

MELI currently carries a Zacks Rank #5 (Strong Sell). The rank reflects near-term earnings pressure despite the company’s strong top-line momentum. Although revenues increased 49% year over year in the first quarter, operating margin fell to 6.9% from 12.9% a year ago, and Net Interest Margin After Losses declined to 17.8% from 22.7% as the credit portfolio expanded. With accelerated investments continuing to weigh on profitability, earnings leverage may remain limited in the near term. The Zacks Consensus Estimate for second-quarter earnings calls for a 15.7% year-over-year decline.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many 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? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Regeneron (REGN - Free Report) Tarrytown, NY-based Regeneron is a biotechnology company focused on the discovery, development and commercialization of treatments targeting severe medical conditions. The company’s portfolio includes Eylea (for several eye diseases), Eylea HD (higher dose of Eylea), partnered drug Dupixent (asthma, atopic dermatitis and chronic rhinosinusitis with nasal polyposis, chronic obstructive pulmonary disease, eosinophilic esophagitis, prurigo nodularis, chronic spontaneous urticaria), Libtayo (lung cancer, advanced basal cell carcinoma, metastatic or locally advanced cutaneous squamous cell carcinoma, cervical cancer), Praluent (heterozygous familial hypercholesterolemia and homozygous familial hypercholesterolemia), Kevzara (moderately-to-severely active rheumatoid arthritis, polyarticular juvenile idiopathic arthritis), Evkeeza (homozygous familial hypercholesterolemia), Ordspono, (follicular lymphoma and diffuse large B-cell lymphoma), I Lynozyfic (relapsed/refractory multiple myeloma) Inmazeb (Ebola), Veopoz (CHAPLE disease), Arcalyst and Zaltrap. 

REGN is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Medical stock. REGN has a Momentum Style Score of B, and shares are up 0.9% over the past four weeks.

Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.37 to $46.05 per share. REGN boasts an average earnings surprise of +26.3%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, REGN should be on investors' short list.

The semiconductor industry is playing an instrumental role in the proliferation of artificial intelligence (AI). The training and deployment of AI models and inference applications wouldn't have been possible without chips, which explains why semiconductor companies have witnessed terrific growth in revenue and earnings in recent years.

Moreover, chips are also needed to run AI workloads locally on edge devices such as smartphones, personal computers (PCs), vehicles, robots, and drones, among other things. So, it is easy to see why the semiconductor industry's revenue is anticipated to jump by 64% in 2026 to $1.32 trillion, according to Gartner. Even better, the industry's revenue is expected to cross $1.55 trillion in 2027. This phenomenal growth has led to a 157% jump in the PHLX Semiconductor Sector index over the past year, as of this writing.

That's why now is a good time to take a closer look at key semiconductor stocks that are capitalizing on the industry's secular growth and appear capable of delivering healthy gains for investors.

Image source: Getty Images.

Taiwan Semiconductor Manufacturing: The world's largest foundry company Taiwan Semiconductor Manufacturing (TSM 1.45%), popularly known as TSMC, is the world's largest semiconductor foundry that manufactures chips designed by fabless chipmakers. The Taiwan-based company doesn't design its own chips. Instead, it is involved in the mass production of chips for companies such as Apple, Nvidia, AMD, Qualcomm, Sony, and others, who don't have their own chipmaking facilities.

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TSMC's pure-play foundry business model puts it right in the middle of the global semiconductor boom. The company's revenue has increased by 30% year over year in the first five months of 2026. TSMC has managed to build a solid customer base due to its advanced process nodes, such as 5-nanometer (nm), 3nm, and 2nm, which are more powerful and energy efficient compared to mature nodes.

This explains why major AI chip designers are designing chips based on TSMC's advanced process nodes. For instance, Nvidia's upcoming Vera Rubin processors utilize TSMC's 3nm process node. The robust demand for these advanced nodes explains why TSMC's foundry market share increased to 73% in Q1 this year from 68% in the same period last year, according to Counterpoint Research.

So, as the demand for semiconductors increases, TSMC should be able to maintain its healthy growth rate. Not surprisingly, analysts expect the company's top line to grow at over 20% going forward.

Data by YCharts

TSMC stock has soared by 111% over the past year. However, further upside cannot be ruled out over the next five years, given the company's robust earnings growth potential, suggesting it isn't too late to buy this chip titan.

ASML: The most important semiconductor equipment supplier TSMC produces the advanced chips using extreme ultraviolet lithography (EUV) machines manufactured by Dutch chip giant ASML Holding (ASML 3.27%). These machines use extreme ultraviolet light to etch billions of transistors on silicon wafers, and ASML is the only company that manufactures them.

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So, it is easy to see why ASML's most advanced machines are in terrific demand. The company lifted its 2026 revenue guidance in April this year to a range of 36 billion euros to 40 billion euros, up from the prior range of 34 billion euros to 39 billion euros. Don't be surprised to see ASML raising its guidance as the year progresses, driven by the demand for its EUV machines.

The company is forecasting a 25% increase in shipments of its low-NA EUV machines this year to 60 units, followed by a bigger jump of 33% in 2027 to 80 units. Importantly, ASML notes that it is working closely with its supplier to boost the production of its EUV machines to meet the solid customer demand.

That's probably why analysts are expecting an acceleration in ASML's growth in 2027, following an estimated top-line increase of 20% this year.

Data by YCharts

There is a good chance of ASML's growth outpacing Wall Street's expectations in the future, driven by the shortage of components in the memory and optical networking markets. Also, AI chip designers such as Nvidia are seeing strong order inflows, while AMD and Broadcom are also experiencing phenomenal growth.

So, the mission-critical role that ASML plays in the semiconductor industry points to strong demand for its machines beyond 2027, which could pave the way for further upside in its stock price following terrific gains of 148% over the past year.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Key Takeaways TXN shares rallied 51.9% in three months, outpacing the semiconductor industry and major peers.Texas Instruments benefits from AI infrastructure demand through analog and embedded chips.TXN generated $4.35B in free cash flow and returned nearly $1.45B in the first quarter of 2026. Texas Instruments Incorporated (TXN - Free Report) shares have rallied 51.9% over the past three months, making the company one of the biggest winners in the semiconductor space. The stock has comfortably outperformed the broader Zacks Semiconductor – General industry’s 23.7% gain.

The rally has also outpaced major peers, including QUALCOMM Incorporated (QCOM - Free Report) , Broadcom Inc. (AVGO - Free Report) and NVIDIA Corporation (NVDA - Free Report) . Over the past three months, shares of QUALCOMM, Broadcom and NVIDIA have risen 43.2%, 17.2% and 11.1%, respectively.

While such a massive rally may prompt some investors to book profits and exit the investment, Texas Instruments' strong fundamentals suggest there could still be room for upside. The company remains one of the clearest beneficiaries of the artificial intelligence (AI) infrastructure boom, and demand trends continue to work heavily in its favor.

Texas Instruments 3-Month Price Return Performance
Image Source: Zacks Investment Research

AI Is Helping Texas Instruments Even Without AI GPUsUnlike NVIDIA or AMD, Texas Instruments does not build AI accelerators. Instead, it supplies the analog and embedded chips that keep AI infrastructure running.

Its products manage power, convert signals, control motors, regulate cooling systems and enable connectivity across data centers, industrial equipment and automotive applications. These components may receive less attention than AI processors, but they are essential as AI servers become more power-hungry and increasingly complex.

Every new AI data center requires far more power management and sensing components than traditional computing infrastructure. This is creating a meaningful opportunity for Texas Instruments.

Rather than competing in the crowded AI processor market, the company is benefiting from the broader AI infrastructure buildout — a trend that could prove more durable over time.

The company's data center business reached an annual revenue run rate of roughly $1.2 billion in 2025, growing more than 50% year over year. In the first quarter of 2026, data center revenues jumped 90% from the prior-year period and increased 25% sequentially. These growth rates highlight the company’s growing importance in AI infrastructure and suggest that this market could remain a major contributor for years.

TXN’s Financial Performance Continues to ImproveTexas Instruments is also executing well financially. First-quarter 2026 revenues increased 18.6% year over year, while non-GAAP earnings per share climbed 31.3%, showing that demand is improving across several end markets.

Management’s outlook for the second quarter suggests that this momentum is far from over. Texas Instruments expects revenues between $5 billion and $5.4 billion, representing year-over-year growth of 12-21%. The projected earnings range of $1.77-$2.05 per share implies growth of 25-45%, reflecting continued strength across key markets, particularly those benefiting from AI-driven investments.

The Zacks Consensus Estimate for 2026 and 2027 also points to continued expansion in both revenue and earnings, reinforcing confidence in the company’s growth trajectory.

Image Source: Zacks Investment Research

TXN Eyes Competitive Lead Through Internal ManufacturingTexas Instruments is also taking a different approach to manufacturing than many semiconductor companies. Instead of relying heavily on external foundries, management plans to manufacture more than 95% of its wafers internally by 2030.

This strategy requires significant investment today but offers several long-term advantages. Greater manufacturing control can improve supply-chain reliability, reduce production costs over time and protect margins during industry shortages.

Government incentives further strengthen this strategy. Texas Instruments expects up to $1.6 billion in CHIPS Act funding, with total lifetime benefits estimated between $7.5 billion and $9.5 billion. These incentives should lower expansion costs while supporting future profitability.

TXN’s Strong Cash Generation Supports Shareholder ReturnsAnother reason investors continue to favor Texas Instruments is its ability to generate cash. Over the last 12 months, the company produced $7.8 billion in operating cash flow and $4.35 billion in free cash flow. It also ended the first quarter with $5.1 billion in cash and short-term investments. This financial strength allows management to invest in new manufacturing capacity while continuing to reward shareholders.

During the first quarter alone, Texas Instruments returned nearly $1.45 billion through dividends and share repurchases. Over the past year, total shareholder returns approached $6 billion. Few semiconductor companies combine growth investments with such consistent capital returns.

Should Investors Be Worried About TXN’s Premium Valuation?From a valuation standpoint, Texas Instruments is not cheap. The company currently carries a Zacks Value Score of D, indicating that the stock trades at a premium relative to traditional valuation metrics.

TXN currently trades at a forward 12-month P/E ratio of 36.31, well above the industry average of 23.32. Compared with other semiconductor leaders, Texas Instruments also trades at a higher earnings multiple than Broadcom, NVIDIA and QUALCOMM. At present, Broadcom, NVIDIA and QUALCOMM are trading at P/E multiples of 22.16, 19.19 and 16.74, respectively.

Texas Instruments Forward 12-Month P/E Ratio
Image Source: Zacks Investment Research

However, premium valuations are often justified when companies combine durable growth, strong profitability and consistent cash generation. Texas Instruments checks many of these boxes. The company continues to benefit from expanding AI-related demand, generates substantial free cash flow, maintains a strong balance sheet and consistently returns cash to shareholders through dividends and buybacks.

Final Thoughts: Buy More TXN SharesTexas Instruments' recent rally appears to be supported by improving fundamentals rather than market enthusiasm alone. The company is benefiting from rising AI infrastructure spending, rapidly expanding data center demand and a manufacturing strategy that should strengthen its competitive position over time.

Although the stock trades at a premium valuation, that premium appears justified, given its consistent earnings growth, robust cash flows and shareholder-friendly approach. With AI infrastructure spending still in the early stages of a multi-year expansion cycle, Texas Instruments looks well-positioned to deliver steady growth for years to come.

Currently, Texas Instruments carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Morgan Stanley (NYSE:MS | MS Price Prediction) and JPMorgan Chase (NYSE:JPM) both posted Q1 2026 results that showcased strength, yet the businesses behind those numbers look nothing alike. Morgan Stanley leaned on advisory fees and wealth flows. JPMorgan flexed a universal-bank engine touching cards, payments, and trading. Each firm’s core revenue engine now sits in a distinctly different part of finance.

Fee Flywheel at Morgan Stanley, Everything Machine at JPMorgan Ted Pick called it “a record quarter”, and the composition matters. Wealth Management pulled in $8.52 billion with $118.4 billion in net new assets and $54 billion of fee-based flows. That is recurring, sticky revenue. Institutional Securities added $10.72 billion, with Advisory alone up 74%. Investment Management slipped 4% on $11.6 billion of equity outflows, a reminder the fee model still has soft spots.

JPMorgan showed scale that Morgan Stanley cannot match. The Commercial & Investment Bank generated $23.38 billion, Markets hit a record $11.6 billion, and Card Services & Auto climbed 13% to $7.76 billion. Consumer credit is a real engine here, and it cuts both ways. The Card net charge-off rate ran at 3.46%, and nonperforming exposure rose 11% to $11.0 billion.

Capital-Light Advisor vs. Cyclical Credit Colossus Lens Morgan Stanley JPMorgan Core Bet Wealth & advisory fees Universal bank scale Q1 Revenue $20.58B $49.84B EPS $3.43 $5.94 Client Assets $7.34T $7.1T Trailing P/E 19 16 Morgan Stanley converts trillions in assets under management directly into predictable, high-margin advisory fee revenue. That shows up as a 27.1% ROTCE and an efficiency ratio compressed to 65%. JPMorgan holds #1 Global IB fees at 9.8% wallet share, but noninterest expense grew 14%, outpacing revenue.

The Next Test Is Credit Normalization and Wealth Flows I will be watching whether Morgan Stanley can push toward its $10 trillion client-asset target while fixing the Investment Management outflows. Polymarket traders currently price a 51% chance MS Q2 IB revenue clears $2.125 billion, which is a real test of momentum. For JPMorgan, credit is the story. Card charge-offs and that rising nonperforming exposure will tell us whether Dimon’s “resilient” consumer holds through year-end.

The Case for Morgan Stanley’s Fee Durability If I want cash-flow durability through a messy macro, I lean toward Morgan Stanley. The wealth engine keeps compounding whether markets chop or trend, and shares are already up 51.97% over the past year for a reason. JPMorgan fits a different investor, one who wants scale, a $1.50 quarterly dividend, and comfort owning the credit cycle. At 16 times earnings, it is cheaper than Morgan Stanley at 19, and that discount exists precisely because the cyclical exposure is real. The setup that would narrow the gap is credit metrics stabilizing at JPMorgan and its expense growth cooling. Until then, Morgan Stanley’s fee flywheel is the more defensive profile of the two.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and JPMorgan Chase didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

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What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

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That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Intuit (INTU - Free Report) Headquartered in Mountain View, CA, Intuit Inc. is a business and financial software company that develops and sells financial, accounting and tax preparation software and related services for small businesses, consumers and accounting professionals globally. The company has offices in the United States, Canada, India and the U.K.

INTU is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. INTU has a Growth Style Score of A, forecasting year-over-year earnings growth of 18.4% for the current fiscal year.

10 analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.65 to $23.86 per share. INTU boasts an average earnings surprise of +6.9%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, INTU should be on investors' short list.

The first half of 2026 handed investors a split-screen market. The Dow rose roughly 8% in the first half of 2026, while the Nasdaq-100 gained about 26% in Q2, powered almost entirely by the AI infrastructure trade. The question now is which names have the fundamental firepower to keep compounding into the back half. Growth rates north of 40%, AI revenue lines doubling year over year, and management teams raising guidance are the filter. Three stocks clear that bar with room to spare.

Below is the countdown of the top three AI stocks positioned to keep running, ranked by AI momentum, guidance trajectory, and scale.

#3. Palantir Palantir (NASDAQ:PLTR | PLTR Price Prediction) has the growth profile of a company at least twice its size. In Q1 2026, revenue jumped 85% year over year to $1.63 billion, U.S. commercial revenue surged 133% to $595 million, and adjusted EPS of $0.33 beat consensus by 18% for the eighth consecutive quarter. CEO Alex Karp raised full-year guidance to 71% growth, 10 points ahead of the prior guide, and touted a Rule of 40 score of 145%.

The bull case rests on that Rule of 40 print. Karp said “Palantir’s Rule of 40 score has soared to 145%. We have shattered the metric… we grew 85% last quarter, our highest-ever year-over-year growth rate, by more than doubling our U.S. business.” AIP adoption is compounding, and U.S. commercial remaining deal value hit $4.92 billion, up 112% year over year.

The caveat is valuation. Shares carry a trailing P/E near 131 and a forward P/E of 80, and the stock is down about 29% year to date through July 1, a reset that must hold if fundamentals catch up to the multiple.

#2. AMD Advanced Micro Devices (NASDAQ:AMD) is the momentum leader. Shares are up roughly 153% year to date through July 1, backed by strong fundamentals. Q1 2026 revenue reached $10.25 billion, up 38% year over year, with Data Center growing 57% to $5.78 billion. Adjusted EPS of $1.37 beat by nearly 6%, and free cash flow exploded 253% to $2.57 billion.

Q2 guidance calls for roughly $11.2 billion in revenue, implying about 46% growth, alongside gross margin widening to around 56%. Lisa Su said “Customer engagement around MI450 Series and Helios is strengthening, with leading customer forecasts exceeding our initial expectations.” Signed deployments include up to 6 gigawatts of Instinct GPUs with Meta and a similar-scale OpenAI commitment.

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The risk is valuation. AMD trades at a trailing P/E of 182 and forward P/E of 77, with a beta of 2.49. Any MI450 ramp delays would sting.

#1. Broadcom Broadcom (NASDAQ:AVGO) tops the list because scale plus acceleration is rare at a $1.75 trillion market cap. Q2 FY2026 revenue hit $22.19 billion, up 48% year over year, with AI semiconductor revenue reaching $10.80 billion, up 143%. Operating income jumped 85% to $10.79 billion, free cash flow rose 60% to $10.26 billion, and adjusted EBITDA margin sat at 69% of revenue.

The forward number is the kicker. Broadcom guided Q3 total revenue to roughly $29.4 billion, up 84%, with AI semiconductor revenue projected to grow over 200% year over year to $16.0 billion. CEO Hock Tan said “The momentum continues and in Q3 we expect semiconductor revenue from AI to grow over 200 percent year-over-year to $16.0 billion.” Management’s stated ambition is to exceed $100 billion in AI sales by 2027. Wall Street is aligned, with 44 buy ratings versus 4 holds and no sells, and an analyst target of $523.73.

The caveat: Broadcom is up only about 7% year to date through July 1, and shares fell roughly 20% over the past month, a reminder that even the cleanest AI story faces profit-taking. Seventy-one recent insider transactions skew net selling, worth watching alongside the Q3 earnings report.

Why the Rally Has Room H1 2026’s 8% Dow and 26% Nasdaq-100 Q2 gain were just the opening leg of a longer trade. Palantir’s 85% growth and raised guide, AMD’s 46% Q2 revenue outlook and MI450 pipeline, and Broadcom’s $16 billion AI quarter all point in the same direction: second-half AI numbers are getting bigger. Broadcom lands at #1 because it is delivering triple-digit AI growth at trillion-dollar scale, a combination that historically re-rates rather than fades. Keep an eye on the Q3 earnings report in early September for confirmation.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

General Dynamics (NYSE:GD | GD Price Prediction) and Lockheed Martin (NYSE:LMT) reported Q1 2026 results pulling the two defense giants in opposite directions. General Dynamics beat on submarines and Gulfstream jets. Lockheed leaned on a record backlog to explain a messy quarter marked by fresh program charges and a cash flow reversal.

Submarines Carry GD. Program Charges Weigh On Lockheed. General Dynamics posted EPS of $4.10 on revenue of $13.48 billion, with Marine Systems growing 21.0% and operating earnings there up 26.4%. Gulfstream delivered 38 aircraft versus 36 a year earlier, and Aerospace orders jumped 63%. CEO Phebe Novakovic said the businesses delivered “strong operating results and excellent cash conversion.” Operating cash flow hit $2.155 billion, a swing from negative territory a year ago.

Lockheed told a different story. EPS of $6.44 missed consensus of $6.70, revenue rose just 0.3%, and free cash flow went negative $291 million. A $125 million unfavorable F-16 adjustment plus hits on C-130, CH-53K, and Seahawk compressed segment margins to 10.1% from 11.6%. That is the second painful quarter in a year, following $1.6 billion in charges in Q2 2025.

A Deep Marine Moat Versus a Concentrated Fighter Bet General Dynamics compounds a two-submarines-per-year cadence with commercial jets and defense IT, giving it a diversified earnings base tied to both long-term government and commercial demand. Total estimated contract value climbed to $188.44 billion, and consolidated book-to-bill ran 2-to-1.

Lockheed’s backlog is bigger at $194 billion, but heavier in fixed-price aeronautics work where losses keep resurfacing. New framework agreements for Patriot, THAAD, and PrSM should eventually lift production rates 3-4x, according to Jim Taiclet, yet near-term earnings look wobbly.

Lens GD LMT Core Bet Nuclear submarines + Gulfstream F-35 and missile framework deals Q1 Free Cash Flow $1.952B -$291M Forward P/E 21x 17x The Next Test Is Execution Watch whether Lockheed closes F-16 issues and stabilizes CH-53K without another reach-forward loss. Guidance calling for $6.5B to $6.8B in 2026 free cash flow assumes a sharp back-half recovery. For General Dynamics, signals are Gulfstream deliveries, further Virginia-class submarine funding tied to the FY2027 shipbuilding budget of $65.8 billion, and whether Technologies margins can stop drifting from 9.5%.

Why I Lean Toward General Dynamics on This Earnings Report General Dynamics looks like the cleaner defense holding. Cash conversion at 192% of net earnings, four straight EPS beats, and a submarine franchise with visible funding give it real downside protection. Lockheed’s $194B backlog and geopolitical tailwinds could reward patient turnaround investors, and Jefferies’ $400 target on GD shows the Street is warming up. For a defensive compounder profile, General Dynamics screens cleaner. For investors focused on fixed-price program noise in a rerating story, Lockheed still has a case.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Lockheed Martin didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including annual run rate adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"). For more information see "Non-GAAP and Other Financial Measures" herein.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA), Morgan Stanley Infrastructure Partners ("MSIP"), and Kineticor Asset Management ("Kineticor"), partners in the Greenlight Electricity Centre Limited Partnership ("Greenlight") (collectively, the "Partners"), today announced a positive final investment decision on the Greenlight Electricity Centre ("GLEC" or the "Project"). GLEC is a 932 megawatt ("MW") gas-fired combined cycle power generation facility to be located in Sturgeon County, within the Alberta Industrial Heartland, to serve a major data centre development (the "Customer").

Rapid growth in artificial intelligence (AI) and cloud computing is driving durable global demand for data centre capacity and Alberta has positioned itself as an attractive jurisdiction for significant investment. Data centre projects require long-term, reliable power, and natural gas-to-power infrastructure has an important role to play in the success of this growing industry. Pembina and Kineticor have been instrumental in enabling development of the Customer's data centre project, a first of its kind in Canada. The Partners are first movers in responding to Alberta's large-scale data centre power needs and are proud to serve as the Customer's long-term, behind-the-meter power provider.

Highlights

Strategic Fit – The Project fits squarely within Pembina's 3C's Strategy to Capture volumes, Connect them to markets, and Catalyze new demand platforms. Extending its track record of value creation from adjacent new businesses, Pembina will benefit directly from its investment in GLEC through a new long-term, stable cash flow stream, and increased business and customer diversification. Additionally, GLEC will Catalyze intra-basin natural gas demand and provide a valuable new egress option to support Canadian natural gas production growth. This growth is expected to benefit Pembina's existing businesses, including natural gas processing and transportation, and natural gas liquids ("NGL") transportation, fractionation and marketing. Long-term Commercial Support – Consistent with Pembina's fee-based midstream model, GLEC will supply electricity to the Customer's data centre under a long-term tolling agreement. The agreement is a tolling arrangement providing revenues in the form of capacity payments and usage-based payments (e.g. fuel and operations and maintenance costs). The anticipated in-service date for the Project is the second half of 2030. Strong Project Economics – Greenlight has obtained a Class III level capital cost estimate of approximately $4 billion, or approximately $2 billion net to Pembina. Approximately 85 percent of this cost has been secured under fixed price agreements. The total Project cost, including $0.6 billion (gross) of interest during construction and other financing costs is expected to be approximately $4.6 billion, or approximately $2.3 billion, net to Pembina. Inclusive of the proceeds of $190 million, net to Pembina, from the sale of land to the Customer, Pembina's total net investment in GLEC will be approximately $2.1 billion. The Project is expected to generate annual run-rate adjusted EBITDA of approximately $310 million, net to Pembina. Growth Platform – GLEC will provide a meaningful contribution to Pembina's growth in 2030 and beyond, including its recently announced 5-7 percent fee-based adjusted EBITDA per share growth target to 2030. Further, Pembina believes this to be a highly scalable new business line. Pembina and its partners are advancing potential additional power-to-data centre projects, including a second phase of the generation Project, as well as other opportunities that could contribute significantly to Pembina's long-term growth. Greenlight Ownership – Greenlight is owned by Pembina (47.5 percent), MSIP (47.5 percent), and Kineticor (5 percent). "This is a tremendously exciting development within Pembina's growing and increasingly diversified business. Together with Kineticor, we have leveraged our advantaged position within the Canadian midstream energy industry and are proud to be the first mover in responding to the power requirements of Alberta-based data centres, all within Pembina's proven midstream model. Dedicated, contracted gas-to-power infrastructure represents a promising new growth platform, through which we are also helping to catalyze new natural gas demand that will provide additional benefits throughout our business." – Scott Burrows, President and Chief Executive Officer, Pembina

"The GLEC represents a significant investment in Alberta's future and a major step forward in establishing a dynamic new industry. Alberta's strong regulatory framework combined with the Province's commitment to the sustainable growth of the data centre industry has created the conditions necessary to advance this project to a positive final investment decision. We remain committed to developing sustainable infrastructure projects across Alberta that deliver affordable and reliable power while supporting long-term economic growth." – Andrew Plaunt, Chief Executive Officer, Kineticor

"Reliable, dispatchable power is the foundation of the AI and cloud economy and Greenlight will deliver it at scale to one of Canada's most important new data centre developments. We are proud to partner with Pembina and Kineticor to begin construction on this landmark project and look forward to expanding the partnership to support future growth in Alberta." – Chris Ortega, Head of the Americas for MSIP

"Alberta natural gas is powering the digital economy forward with this significant investment in electricity generation. This announcement reflects the positive momentum created by the province's memorandum of understanding with the federal government last fall, including the abeyance of the federal government's Clean Electricity Regulations. Investments like this will lead to thousands of jobs, significant economic growth, and hundreds of millions in provincial revenue that can be reinvested to support the services that matter most to Albertans." – Premier Danielle Smith

"Greenlight is a great addition to our Industrial Heartland and we welcome the opportunities it brings with its development. By building new power generation, this project helps create the reliable energy supply needed to enable future industrial growth, attract investment, and strengthen our region's competitiveness without increasing demand on Alberta's electricity grid. We congratulate Greenlight and its partners on moving forward with this project and the role it plays in supporting Alberta's energy future." – Sturgeon County Mayor Alanna Hnatiw

Greenlight Electricity Centre Overview

The Project will consist of a 932 MW combined cycle gas power plant that will supply power on a dedicated basis to the Customer's data centre. The site has the potential to be expanded to a permitted generation capacity of 1,864 MW.

GLEC will utilize two highly efficient SGT6-8000H gas turbines, two SST6-5000 "KN" Steam Turbines coupled with two SGen6-3000W Generators - all from Siemens Energy. Combining gas and steam power production in this configuration increases energy efficiency compared to traditional simple cycle gas turbine generators. Greenlight has ensured delivery timing and cost certainty through a fixed price agreement with Siemens Energy Inc. as well as a long-term service agreement with Siemens Energy Canada Limited.

GLEC will require approximately 150 million cubic feet per day of natural gas. Through recent open seasons on Pembina's Alliance Heartland Expansion Project and the TC Energy Nova Gas Transmission Ltd. systems, and other commercial arrangements, Greenlight has secured sufficient natural gas transportation capacity on a long-term basis to support the Project. Greenlight's natural gas contracting strategy provides redundancy and operational flexibility.

Greenlight has leveraged the combined experience, strong relationships, and contracting expertise of Pembina and Kineticor to support development of the Project. Kineticor led the origination and development of GLEC as part of a fully integrated offering to the Customer and will be responsible for the ongoing development of future expansion opportunities. Pembina will lead the GLEC construction management workstream, leveraging its track record of building infrastructure on time and on budget. Following construction, GLEC will be operated by a third-party contract operator under a long-term services agreement.

The Project has received all major regulatory approvals and has an anticipated in-service date in the second half of 2030.

Commercial Structure

Greenlight and the Customer have entered into a long-term Electrical Energy Supply Agreement ("EESA") under which Greenlight will provide 932 MW of capacity from GLEC to power the Customer's data centre. The EESA is structured as a tolling agreement, supporting a stable stream of capacity payments and usage-based payments (e.g. fuel and operations and maintenance costs).

GLEC's commercial structure aligns with Pembina's fee-based midstream model and will strengthen the Company's business profile by generating additional low-risk cash flows and diversifying its customer base with a new, global, investment grade counterparty.

Project Economics and Funding

Greenlight has entered into fixed price agreements with a consortium of Aecon Group Inc. (TSX: ARE) and Técnicas Reunidas for the engineering, procurement, and construction ("EPC") of GLEC. Together with the fixed price agreement for the purchase of turbines from Siemens, approximately 85 percent of the Project's cost has been de-risked.

Once operational, GLEC is expected to generate annual run-rate adjusted EBITDA of approximately $310 million, net to Pembina. The Project's economics reflect a prudent risk profile, including a long-term commercial agreement, lump sum EPC agreement, and certain cost protections. Separate from GLEC, Pembina may benefit from additional economics related to gas processing and transportation, liquids transportation, and fractionation.

Greenlight has arranged asset-level debt financing for approximately 60 percent of the Project's cost with the remaining 40 percent to be financed through equity contributions. Pembina's net investment of approximately $2.3 billion represents a requirement whereby each of Pembina and MSIP will fund 50 percent of Greenlight's capital. Pembina's contribution will be financed through a combination of project debt and approximately $1 billion of equity contributions. Capital spending in 2026-2027 will be funded with asset-level debt financing, while capital spending in 2028-2030 will be funded with partner equity contributions.

Integration and Expansion Opportunities

Pembina's advantages include its fully integrated wellhead-to-market infrastructure and ability to service customers across the full hydrocarbon value chain. Through GLEC, Pembina is extending its business into an adjacent opportunity arising from its existing footprint, unique capabilities, and strong relationships.

In addition to the direct benefits of Pembina's investment in the Project, GLEC will create valuable new demand for Canadian natural gas, supporting production growth that is expected to benefit Pembina's existing gas processing and gas transportation businesses, including providing support for a regional expansion of the Canadian segment of the Alliance Pipeline.

Alliance Pipeline's binding open season for a new proposed short-haul point-to-point transportation service on the Canadian segment of its system concluded on April 20, 2026. The proposed Alliance Heartland Expansion Project would provide natural gas delivery to a new meter station in Fort Saskatchewan with an anticipated in-service date in the fourth quarter of 2029. Successful proponents have been awarded capacity conditional on the project being sanctioned. The Alliance Heartland Expansion Project continues to progress toward a final investment decision, with ongoing workstreams focused on engineering and regulatory activities, including the filing of applications with the Canada Energy Regulator, which is expected to occur in August 2026.

Further, growing natural gas production supports the associated growth of other products in the Western Canadian Sedimentary Basin, including condensate and NGL, providing additional benefits to Pembina from increased liquids transportation, fractionation and marketing services.

Future opportunities associated with GLEC include the potential to support development of the Alberta Carbon Grid and the transportation and sequestration of emissions from the Project.

GLEC is the first project within a scalable new platform. The Partners are aligned in their desire to build a midstream power business and aspire to repeat the success of GLEC with an expansion of the existing project and/or through the development of additional power plants for other data centre customers. A future expansion is expected to align well with the AESO's Phase 2 Large Load Allocation process and the Province of Alberta's 'bring your own power' data centre strategy.

Greenlight LP Ownership Update

MSIP has acquired from OPTrust, Kineticor's majority shareholder, its 50 percent ownership interest in Greenlight. In addition, upon FID, Kineticor was granted a five percent interest in Greenlight. The resulting ownership of Greenlight is Pembina (47.5 percent), MSIP (47.5 percent), and Kineticor (5 percent).

Greenlight's future capital expenditures will be funded equally between Pembina and MSIP.

"Pembina has enjoyed a strong relationship with OPTrust and Kineticor. Together we have supported development of a new data centre industry in Alberta and positioned Greenlight as a dedicated power provider with a scalable, high growth platform," said Scott Burrows, Pembina's President and CEO. "We look forward to working with MSIP given our complementary strengths and mutual desire to invest capital and generate attractive returns. MSIP is well funded and brings valuable expertise in global infrastructure development that will contribute meaningfully to our shared success."

Advisors

Blake, Cassels & Graydon LLP acted as legal counsel to Greenlight with respect to the commercial agreements and project financing.

Norton Rose LLP acted as counsel to Pembina on the joint venture formation and other commercial agreements.

Osler, Hoskin & Harcourt LLP acted as legal counsel with respect to the EPC agreements.

McCarthy Tetrault LLP acted as legal counsel to lenders.

MUFG Bank, Ltd. acted as financial advisor on the project financing.

Santander acted as exclusive M&A and financing advisor to MSIP on the transaction.

Macquarie Capital acted as exclusive financial advisor to OPTrust and Kineticor.

Kirkland & Ellis and Bennett Jones acted as legal counsel to MSIP.

Forward-Looking Information and Statements

This news release contains certain forward-looking statements and forward-looking information (collectively, "forward-looking statements"), including forward-looking statements within the meaning of the "safe harbor" provisions of applicable securities legislation, that are based on Pembina's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In some cases, forward-looking statements can be identified by terminology such as "continue", "anticipate", "schedule", "will", "expects", "estimate", "potential", "planned", "future", "outlook", "strategy", "project", "plan", "commit", "maintain", "focus", "ongoing", "believe" and similar expressions suggesting future events or future performance.

In particular, this news release contains forward-looking statements and financial outlooks pertaining to, without limitation, the following: Pembina's strategy and the development and expected timing of the Project and any expansion thereof, and the expected costs, financing, impacts, and benefits thereof and opportunities therefrom; expectations regarding the Alliance Heartland Expansion Project, including the expected timing, impacts and benefits thereof; expectations regarding existing and future commercial agreements, including the long-term tolling agreement, and the anticipated timing, product volumes, and benefits thereof; the successful completion of related third-party projects; statements regarding Pembina's financial and operational performance; expectations regarding the future performance of the Company's assets, including future pipeline, processing, transportation, fractionation and marketing operations; and expectations and targets regarding annual run rate adjusted EBITDA and fee-based adjusted EBITDA per share growth.

These forward-looking statements are based on certain factors and assumptions that Pembina has made in respect thereof as at the date of this news release, including, among other things: oil and gas industry exploration and development activity levels and the geographic region of such activity; the success of Pembina's operations; prevailing commodity prices (including long-term average historical pricing and frac spreads), interest rates, carbon prices, tax rates, exchange rates and inflation rates; the ability of Pembina to maintain current credit ratings; the availability and cost of capital to fund future capital requirements relating to existing assets, projects and the repayment or refinancing of existing debt as it becomes due; future operating costs; geotechnical and integrity costs; that any required commercial agreements can be entered into and performed in the manner and on the terms expected by Pembina; that all required regulatory and environmental approvals can be obtained on acceptable terms and in a timely manner; that there are no supply chain disruptions impacting Greenlight's or Pembina's ability to obtain required equipment, materials or labour for the Project; that counterparties will comply with contracts in a timely manner; that there are no unforeseen events preventing the performance of contracts or the completion of the relevant projects; prevailing regulatory, tax and environmental laws and regulations; maintenance of operating margins; the amount of future liabilities relating to lawsuits and environmental incidents; and the availability of coverage under Pembina's insurance policies (including in respect of Pembina's business interruption insurance policy).

Although Pembina believes the expectations and material factors and assumptions reflected in these forward-looking statements are reasonable as of the date hereof, there can be no assurance that these expectations, factors and assumptions will prove to be correct. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties including, but not limited to: risks relating to the development, construction, financing and operation of the Project, including contractor and counterparty performance and the ability to complete the Project on the anticipated timeline, budget and economics; the regulatory environment and decisions, including the outcome of regulatory hearings, and Indigenous and landowner consultation requirements; the impact of competitive entities and pricing; reliance on third parties to successfully operate and maintain certain assets; reliance on key relationships, joint venture partners and agreements; labour and material shortages; the strength and operations of the oil and natural gas production industry and related commodity prices; non-performance or default by contractual counterparties; actions by governmental or regulatory authorities, including changes in laws and treatment, changes in royalty rates, regulatory decisions, changes in regulatory processes or increased environmental regulation; the ability of Pembina to acquire or develop the necessary infrastructure in respect of future development projects; fluctuations in operating results; adverse general economic and market conditions, including potential recessions in Canada, North America and worldwide resulting in changes, or prolonged weaknesses, as applicable, in interest rates, foreign currency exchange rates, inflation, commodity prices, supply/demand trends and overall industry activity levels; new Canadian and/or U.S. trade policies or barriers, including the imposition of new tariffs, duties or other trade restrictions; geopolitical risks; constraints on the, or the unavailability of, adequate supplies, infrastructure or labour; the political environment in North America and elsewhere, including changes in trade relations between Canada and the U.S., and public opinion thereon; the ability to access various sources of debt and equity capital; adverse changes in credit ratings; counterparty credit risk; technology and cyber security risks; natural catastrophes; and certain other risks detailed in Pembina's Annual Information Form and Management's Discussion and Analysis, each dated February 26, 2026 for the year ended December 31, 2025 and from time to time in Pembina's public disclosure documents available at www.sedarplus.ca, www.sec.gov and through Pembina's website at www.pembina.com.

This list of risk factors should not be construed as exhaustive. Readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected by forward-looking statements contained herein. The forward-looking statements contained in this news release speak only as of the date of this news release. Pembina does not undertake any obligation to publicly update or revise any forward-looking statements or information contained herein, except as required by applicable laws. The forward-looking information and financial outlooks contained in this news release have been approved by management as of the date of this news release. The purpose of these financial outlooks is to assist readers in understanding Pembina's expected and targeted financial results, and this information may not be appropriate for other purposes. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Non-GAAP and Other Financial Measures

Throughout this news release, Pembina has disclosed certain financial measures and ratios that are not specified, defined or determined in accordance with GAAP and which are not disclosed in Pembina's financial statements. Non-GAAP financial measures either exclude an amount that is included in, or include an amount that is excluded from, the composition of the most directly comparable financial measure specified, defined and determined in accordance with GAAP. These non-GAAP financial measures, together with financial measures specified, defined and determined in accordance with GAAP, are used by management to evaluate the performance and cash flows of Pembina and its businesses and to provide additional useful information respecting Pembina's financial performance and cash flows to investors and analysts.

In this news release, Pembina has disclosed the following non-GAAP financial measures: annual run rate adjusted EBITDA. The non-GAAP financial measures disclosed in this news release do not have any standardized meaning under International Financial Reporting Standards ("IFRS") and may not be comparable to similar financial measures disclosed by other issuers. Such financial measures should not, therefore, be considered in isolation or as a substitute for, or superior to, measures of Pembina's financial performance or cash flows specified, defined or determined in accordance with IFRS, including revenue, earnings and cash flow from operating activities.

Except as otherwise described herein, these non-GAAP financial measures are calculated on a consistent basis from period to period. Specific reconciling items may only be relevant in certain periods.

Adjusted EBITDA from Equity Accounted Investees

In accordance with IFRS, Pembina's joint ventures are accounted for using equity accounting. Under equity accounting, the assets and liabilities of the investment are presented net in a single line item in the Consolidated Statement of Financial Position, "Investments in Equity Accounted Investees". Earnings from investments in equity accounted investees are recognized in a single line item in the Consolidated Statement of Earnings and Comprehensive Income "Share of Profit from Equity Accounted Investees". The adjustments made to earnings, in adjusted EBITDA above, are also made to share of profit from investments in equity accounted investees. Cash contributions and distributions from investments in equity accounted investees represent Pembina's share paid and received in the period to and from the investments in equity accounted investees.

12 Months Ended December 31

Pipelines

Facilities

Marketing &

New Ventures

Total

($ millions)

2025

2024

2025

2024

2025

2024

2025

2024

Share of profit from equity accounted investees

1

42

134

231

74

55

209

328

Adjustments to share of profit (loss) from equity accounted investees:

Net finance costs (income)

1

7

113

175

(16)

(23)

98

159

Income tax expense

—

—

46

73

—

—

46

73

Depreciation and amortization

2

39

254

221

—

7

256

267

Unrealized loss on commodity-related derivative financial instruments

—

—

4

2

—

—

4

2

Gain on disposal of assets

—

—

(2)

—

(62)

—

(64)

—

Impairment expense

—

—

193

—

—

—

193

—

Other non-cash provisions

—

—

2

15

—

—

2

15

Total adjustments to share of profit (loss) from equity accounted investees

3

46

610

486

(78)

(16)

535

516

Adjusted EBITDA from equity accounted investees

4

88

744

717

(4)

39

744

844

Ending the trading week early with Friday’s observance of Independence Day, we cram together the last two “Jobs Week” data points: Weekly Jobless Claims and monthly non-farm employment. Pre-market indexes advanced further into the green immediately following these releases: the Dow is +300 points, the S&P 500 +35 and the Nasdaq +240 points. The small-cap Russell 2000, outperforming all major indexes in the first half of 2026, is up +18 points currently.

Non-Farm Payrolls Gain Only Half Expectations: +57KToday’s Employment Situation report from the U.S. Bureau of Labor Statistics (BLS) is out a day earlier than normal, coming in roughly half what analysts had been expecting: +57K, and well off the downwardly revised +129K for May, which itself fell from +172K originally reported (April was revised down from +179K a month ago to +148K in its final print). The Unemployment Rate dipped 10 basis points (bps) to +4.2%, the lowest in a year.

Before we dig too far into the details, let’s give some context to these shrinking jobs gains: this is the fourth-straight month of job growth from the BLS, which we haven’t seen since the spring of 2025. Before this positive string, we saw five of the previous nine months posting negative jobs numbers. In this way, the BLS figures are correlating with Wednesday’s private-sector payrolls from ADP ((ADP - Free Report) : perhaps weaker than recent trajectories had indicated, but positive jobs growth nevertheless.

Month over month Average Hourly Earnings were right in-line with expectations at +0.3%, where we also were a month ago and up 10 bps from March and April’s +0.2%. Year over year, Wages grew by +3.5%, also in-line, and up 10 bps month over month. We haven’t seen wage-growth figures notably adding to inflation levels since the last few months of last year — a positive for economists (like the Fed) who are looking closely at such things.

That said, Labor Force Participation disappointed at +61.5% — the weakest number since May of 2021, when these figures had been ramping up. This helps explain the dip in Unemployment, but not in a good way. A weakening participation rate is not a positive sign for what otherwise looks like a relatively healthy labor market. The U-6 rate, aka “real unemployment,” dips 20 bps month over month to +7.9%, the lowest since +7.7% reported a year ago.

By industry, Professional & Business Services led the way, somewhat surprisingly: +36K, followed by Social Assistance at +28K and Healthcare +22K. Manufacturing grew by only +3K and Construction was “little changed” — strange, considering that we’re busy with data center buildouts across the country. Leisure & Hospitality, once the leading force in domestic job creation, lost -61K for the month, including -55K in Food Services. This is remarkable in that many analysts had expected a boost to this industry based on the U.S. hosting the FIFA World Cup this summer at various locations around the country.

Perhaps we’ll need to see some revisions in the coming months to get a better idea of how summer jobs growth has transpired this year. The good news is we’re out of the trough we’d spent much of the last year in — all jobs numbers say so. But it appears the numbers aren’t quite so robust as they initially appeared.

Weekly Jobless Claims Narrow, Stay ConsistentOne of the steadiest series of labor data going back a year or more has been Weekly Jobless Claims, of which Initial Jobless Claims came in at +215K last week. This is down -5K from expectations, and a slight dip from the upwardly revised +216K the prior week. For the past year and a half or so, this is where we’ve averaged seeing new jobless claims, aside from a couple dips and jumps here and there.

Continuing Claims, posted a weeks in arrears from Initial Claims, reached 1.814 million, a smidge up from the downwardly revised 1.812 million for the previous week. Though we’re now above 1.8 million for the third-straight week, we remain well off the +1.9 million and higher we routinely saw every week last fall. Again, muted positive jobs data — but that’s a lot better than it might be.

What to Expect from the Market TodayFactory Orders for May come out after the opening bell and June Auto Sales will report throughout the course of the day today. We expect low trading volume based on the three-day weekend ahead of us. We’ll see if market gains in the early session sustain themselves ahead of the close, which is the regular 4pm ET this afternoon.

The Zacks Retail – Supermarkets industry faces persistent cost inflation, pricing pressure and cautious consumer spending. Rising labor, transportation, fuel and technology investments are weighing on margins, while value-focused shoppers are keeping the sector highly promotional. This limits pricing power and increases the need for stronger productivity gains, sharper cost controls and efficient execution.

However, the outlook is supported by expanding omnichannel capabilities, faster delivery models and higher-margin revenue streams such as retail media, memberships and data-driven advertising. Against this mixed backdrop, Walmart Inc. (WMT - Free Report) and The Kroger Co. (KR - Free Report) appear well-positioned due to their scale, digital investments and diversified growth platforms.

About the Industry The Zacks Retail – Supermarkets industry includes supermarket retailers that offer grocery, health and beauty aids, household chemicals, electronics, stationery, automotive accessories, hardware and paint, sporting goods, fabrics and crafts, entertainment products, home furnishings and more. Players in this industry operate through various formats such as supermarkets, multi-department stores, retail stores, discount stores, supercenters, hypermarkets and warehouse clubs. Food retail accounts for a chunk of their business. The industry has undergone a significant transformation over the years, with e-commerce playing a strong role. Given consumers’ rising preference for online shopping, industry participants have enhanced pickup and delivery services and are offering easy payment options.

Major Trends Shaping the Future of the Supermarket Industry Costs Weigh on Margins: The supermarket industry continues to face elevated structural costs despite ongoing productivity initiatives. Rising transportation expenses, fuel volatility, wage investments and supply-chain costs are increasing pressure on operating margins, while retailers must simultaneously invest in automation, artificial intelligence, digital capabilities and store modernization to remain competitive. These investments are becoming essential as customer expectations continue to rise across both physical and digital channels. Going forward, operators will need to generate substantial productivity gains and procurement savings to offset these higher expenses. Companies that struggle to improve efficiency or execute cost reduction programs may face increasing difficulty balancing customer value investments with long-term profitability.

Value Pressure Persists: Although inflation has moderated from recent peaks, consumers remain highly disciplined in their grocery spending, keeping affordability at the center of purchase decisions. Households continue comparing prices across multiple retailers, seeking promotions, trading into private labels and carefully managing discretionary purchases. This environment is prompting supermarket players to narrow price gaps, simplify promotional strategies and maintain aggressive value investments to defend customer traffic. While these actions support volume growth and market share, they also limit pricing flexibility and compress gross margins.

Omnichannel Grocery Gains Ground: The supermarket industry is moving beyond simply offering online grocery to creating fully integrated omnichannel ecosystems that combine stores, pickup and rapid delivery. Retailers are increasingly leveraging their store networks as fulfillment hubs, allowing them to improve delivery speed while lowering fulfillment costs. At the same time, investments in artificial intelligence, automation and predictive inventory management are making digital grocery operations more efficient and scalable. These capabilities are improving order accuracy, strengthening customer engagement and increasing shopping frequency across channels. As fulfillment economics continue to improve, omnichannel grocery is expected to evolve from a necessary service into a sustainable source of revenue growth, customer retention and long-term operating leverage for leading supermarket operators.

New Profit Pools Expand: Supermarket companies are expanding higher-margin businesses such as retail media, digital advertising, loyalty ecosystems, memberships, marketplace services and data monetization. These businesses capitalize on extensive first-party customer relationships while generating earnings that are less dependent on food pricing or promotional intensity. At the same time, richer customer data is enabling increasingly personalized promotions and supplier partnerships, strengthening customer loyalty and vendor engagement. As these platforms mature, supermarkets should benefit from a more diversified profit mix, improved earnings resilience and greater flexibility to reinvest in pricing, technology and customer experience.

Zacks Industry Rank Indicates Dull Prospects The Zacks Retail – Supermarkets industry is housed within the broader Zacks Retail – Wholesale sector. The industry currently carries a Zacks Industry Rank #201, which places it in the bottom 18% of more than 250 Zacks industries.

The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates drab near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

The industry’s position in the bottom 50% of the Zacks-ranked industries leads to a negative aggregate earnings outlook for the constituent companies. Since the beginning of February 2026, the industry’s consensus estimate for current financial-year earnings has decreased 2.6%.

Let’s look at the industry’s performance and current valuation.

Industry Versus Broader Market The Zacks Retail – Supermarkets industry has underperformed the S&P 500 while outpacing the broader Zacks Retail – Wholesale sector over the past year.

The industry has risen 13.6% over this period compared with the S&P 500’s growth of 23.9%. Meanwhile, the broader sector has climbed 0.5% in the said time frame.

One-Year Price Performance

Industry's Current Valuation On the basis of forward 12-month price-to-earnings (P/E), which is commonly used for valuing retail stocks, the industry is currently trading at 33.78X compared with the S&P 500’s 21.13X and the sector’s 22.59X.

Over the last five years, the industry has traded as high as 40.07X and as low as 17.5X, with the median being at 22.18X, as the chart below shows.

Price-to-Earnings Ratio (Past 5 Years)

2 Supermarket Stocks to Keep a Close Eye On Walmart: The Zacks Rank #3 (Hold) company continues to strengthen its competitive position by combining its unmatched store network with rapidly expanding digital capabilities and AI-driven innovation. Walmart is successfully diversifying its earnings through higher-margin businesses such as advertising, marketplace services and memberships while improving customer engagement through faster fulfillment and personalized shopping experiences. WMT’s disciplined investments in automation, technology and omnichannel infrastructure reinforce both operational efficiency and long-term profitability. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

With multiple growth engines complementing its core retail business, Walmart appears well-positioned to sustain market share gains and deliver durable long-term growth. The Zacks Consensus Estimate for WMT’s current fiscal-year earnings per share (EPS) has remained unchanged at $2.89 in the past 30 days, with the consensus mark indicating growth of 9.5% from the prior-year period. Shares of this Bentonville, AR-based company have gained 10.6% over the past year.

Price and Consensus: WMT

The Kroger Co.: The Cincinnati, OH-based company is sharpening its competitive position through a renewed focus on operational excellence, customer value and digital transformation. Kroger continues to strengthen its fresh food leadership, private-label portfolio and e-commerce capabilities while expanding higher-margin businesses such as retail media. At the same time, disciplined cost management and productivity initiatives are creating greater flexibility to reinvest in pricing and customer experience.

Supported by a loyal customer base, strong data capabilities and a clear strategic roadmap, the Zacks Rank #3 company appears well-positioned to strengthen its competitive standing and drive sustainable long-term growth. The Zacks Consensus Estimate for KR’s current fiscal-year EPS has declined by 0.8% to $5.21 in the past 30 days, though the consensus mark suggests 7.4% growth from the year-ago period reported figure. Kroger shares have tumbled 19.5% over the past year.

Price and Consensus: KR

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Key Takeaways NIO delivered 40,597 vehicles in June, up 62.9% year over year, while Q2 deliveries rose 49.4%.NIO rolled out its WorldModel driving system to 700,000 users across third-party and in-house chips.NIO's ES9 hit 10,000 deliveries in 30 days, while the All-New ES8 topped 120,000 cumulative deliveries. NIO Inc. (NIO - Free Report) delivered 40,597 vehicles in June 2026, up 62.9% year over year. The total included 21,908 NIO-branded vehicles, 11,743 ONVO vehicles and 6,946 FIREFLY vehicles. For the second quarter, deliveries rose 49.4% from the prior-year period to 107,658 vehicles. As of June 30, 2026, the company's cumulative deliveries had reached 1,188,715 vehicles.

On June 18, 2026, NIO released the latest version of its WorldModel intelligent driving system to more than 700,000 users simultaneously. The update made NIO the first automaker to support synchronized development and deployment of intelligent driving software across both third-party and in-house chip platforms.

It also introduced an enhanced three-layer training architecture, combining a world model, supervised fine-tuning and closed-loop reinforcement learning, to improve performance in complex driving scenarios, deliver more human-like driving behavior and better balance safety and efficiency.

On June 22, 2026, cumulative deliveries of the All-New ES8 surpassed 120,000 units, underscoring its strong performance in China's premium vehicle segment priced above RMB 400,000. The All-New ES8 Five-Seat variant arrived in showrooms and entered presales on June 28, 2026, with the company expecting it to further strengthen the model's presence in the premium five-seat SUV market.

On June 26, 2026, the NIO ES9 reached 10,000 cumulative deliveries within 30 days of its launch on May 28, 2026, setting a new delivery record in China for premium battery electric vehicles priced above RMB 500,000.

NIO’s Zacks Rank & Other Key PicksNIO currently has a Zacks Rank #2 (Buy).

Some other top-ranked stocks in the auto space are Cummins Inc. (CMI - Free Report) , China Yuchai International Limited (CYD - Free Report) and Douglas Dynamics, Inc. (PLOW - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for CMI’s 2026 sales and earnings implies year-over-year growth of 10.6% and 23.3%, respectively. The EPS estimate for 2026 and 2027 has improved 35 cents and $1.04, respectively, over the past 30 days.

The Zacks Consensus Estimate for CYD’s 2026 sales and earnings implies year-over-year growth of 52.2% and 51%, respectively. The EPS estimate for 2026 has improved 15 cents over the past 30 days.

The Zacks Consensus Estimate for PLOW’s 2026 sales and earnings implies year-over-year growth of 16.7% and 31.4%, respectively. The EPS estimate for 2026 and 2027 has improved 39 cents and 29 cents, respectively, over the past 60 days.

Published in auto-tires-trucks electric-vehicles

Key Takeaways Affirm will offer BNPL across Bed Bath & Beyond, Overstock and buybuy BABY for eligible shoppers.AFRM had about 515,000 active merchants as of March 31, 2026, up 43.8% year over year.AFRM's Q3 FY26 GMV rose 35% and total transactions increased 45% year over year. Affirm Holdings, Inc. (AFRM - Free Report) has entered a new partnership with Bed Bath & Beyond, making its buy now, pay later (BNPL) solution available to eligible shoppers across the retailer's brands, including Bed Bath & Beyond, Overstock and buybuy BABY. Customers can choose to pay for purchases in biweekly or monthly installments with no late or hidden fees, offering greater payment flexibility while shopping for home-related products.

The agreement expands Affirm's presence in the home retail market, where purchases often involve a higher ticket size than everyday discretionary spending. By giving consumers more payment choices at checkout, the company could attract new users and encourage higher transaction activity. The partnership also allows Affirm to reach shoppers during key life events, such as moving into a new home or preparing for a growing family.

The addition further strengthens AFRM's merchant portfolio. As of March 31, 2026, the company’s active merchants were around 515,000, up 43.8% year over year. Expanding relationships with well-known brands enhances the company's reach, increases consumer touchpoints and supports growth in gross merchandise volume (GMV). In the third quarter of fiscal 2026, GMV grew 35% year over year, while total transactions increased 45%, highlighting strong platform engagement.

As demand for flexible payment solutions continues to grow, adding established retailers can support broader platform adoption and higher payment volumes. The Bed Bath & Beyond partnership aligns with Affirm's strategy of expanding its merchant network and should strengthen its long-term growth opportunities in the evolving digital payments landscape.

How Are Competitors Faring?Some of AFRM’s competitors in the BNPL space are PayPal Holdings, Inc. (PYPL - Free Report) and Visa Inc. (V - Free Report) .

PayPal reported 439 million active accounts in the first quarter of 2026, which rose 1% year over year. Its net revenues increased 7% year over year to $8.4 billion in the same quarter. Additionally, PayPal’s total payment volume increased 11% year over year in the first quarter of 2026.

Visa’s processed transactions increased 9% year over year in the second quarter of fiscal 2026. Visa’s payment volume rose 9% year over year in the second quarter of fiscal 2026, along with 17% growth in net revenues.

Affirm’s Price Performance, Valuation & EstimatesOver the past year, AFRM’s shares gained 21.2% against the industry’s fall of 19.5%.

Image Source: Zacks Investment Research

From a valuation standpoint, AFRM trades at a forward price-to-sales ratio of 6.66, above the industry average of 3.66.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Affirm’s fiscal 2026 earnings implies 726.7% growth from the year-ago period. The consensus mark for fiscal 2026 revenues indicates 30.6% year-over-year growth.

Image Source: Zacks Investment Research

Affirm currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Cardinal Health (CAH - Free Report) Headquartered in Dublin, OH, Cardinal Health is one of the world’s largest healthcare services and products providers, operating across Pharmaceutical & Specialty Solutions, Global Medical Products & Distribution (GMPD), and Other growth businesses. The company serves nearly 90% of U.S. hospitals, delivers more than 43,000 pharmaceutical shipments daily, and manages a broad portfolio of medical, surgical, and laboratory products.The Pharmaceutical and Specialty Solutions segment distributes a wide range of pharmaceutical products, including branded and generic drugs, specialty pharmaceuticals, and consumer health products. This segment also provides biopharma solutions, offering data-driven insights, analytics, and commercialization support to pharmaceutical manufacturers. CAH delivers specialty drug distribution services in areas such as oncology, gastroenterology, and rheumatology. Its pharmacy management services cater to hospital and retail pharmacies, enhancing medication access and supply chain efficiency. The company also operates nuclear pharmacies, compounding radiopharmaceuticals used in diagnostic imaging and treatment. It currently has nearly 130 nuclear pharmacies and 30 PET cyclotron facilities.

CAH is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Medical stock. CAH has a Momentum Style Score of B, and shares are up 21.4% over the past four weeks.

For fiscal 2026, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.20 to $10.76 per share. CAH boasts an average earnings surprise of +10.3%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CAH should be on investors' short list.

LOS ANGELES, July 02, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lucid Group, Inc. (“Lucid” or “the Company”) (NASDAQ: LCID) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between February 25, 2026 and April 13, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before July 28, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Lucid’s deliveries were disrupted by a supplier quality issue. The Company suffered a material impact on its business results due to this quality issue. The Company overstated the strength of manufacturing capabilities. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Lucid, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

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 The Schall Law Firm

New York, New York--(Newsfile Corp. - July 2, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Lucid Group, Inc. (NASDAQ: LCID) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Lucid securities between February 25, 2026 and April 13, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/LCID.

Lucid Case Details

The Complaint allegs that throughout the Class Period, Defendants failed to disclose that:

a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; the foregoing was likely to, and did, have a material negative impact on the Company's business and financial results; accordingly, the defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and as a result, defendants' public statements were materially false and misleading at all relevant times.What's Next for Lucid Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/LCID, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Lucid you have until July 28, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Lucid Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Lucid Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300160

Source: Bronstein, Gewirtz & Grossman, LLC

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NEW YORK, July 02, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (NASDAQ: GTM) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ZoomInfo securities between November 3, 2025 and May 11, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/GTM.

ZoomInfo Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose:

(1) The true state of ZoomInfo's slowing seat-based demand, weakening upsell opportunities, and deteriorating fundamentals across its downmarket and upmarket segments. 
(2) That Defendants' optimistic growth narrative, including representations that full-year 2026 revenue guidance of $1.247–$1.267 billion was achievable and that Copilot penetration was on or ahead of schedule. 
(3) That customers were migrating toward consumption-based models and developing internal AI-driven go-to-market solutions, trends Defendants minimized despite their material adverse impact on ZoomInfo's business.

On May 11, 2026, ZoomInfo reported its first quarter 2026 results and slashed its full-year revenue guidance by approximately $62 million

Following this news, the price of ZoomInfo's common stock declined dramatically, from a closing market price of $6.04 per share on May 11, 2026, ZoomInfo's stock price fell to $4.06 per share on May 12, 2026, a decline of about 33%.

What's Next for ZoomInfo Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/GTM. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in ZoomInfo you have until August 24, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to ZoomInfo Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for ZoomInfo Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

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Prior results do not guarantee similar outcomes.

Key Takeaways Upstart is entering a phase where loan growth, funding access and automation shape its next stage.AI drove 91% fully automated loans and supported about 3.5% more originations at equivalent risk.Auto and Home originations surged, but lower near-term take rates keep UPST's execution bar high. Upstart Holdings (UPST - Free Report) is entering a new phase in which loan growth, funding access and automation matter as much as headline revenues. The company still depends heavily on personal lending, but its platform is widening.

For investors, the question is whether larger lending categories can improve economics without adding balance sheet risk. That makes the next stage more about execution than simple market expansion.

How AI Is Expanding Across UpstartArtificial intelligence remains central to Upstart’s underwriting model, but the company is using it more broadly across operations. In first-quarter 2026, 91% of loans were fully automated with no human intervention by Upstart.

The technology is also being applied to servicing, collections, borrower conversations, payment features and quality assurance. Model accuracy improved by 1.4 points versus the benchmark, while expanded use of artificial intelligence to predict post-default recoveries supported about 3.5% more originations at equivalent risk.

Why Upstart Is Leaning Into Secured LendingUpstart is expanding beyond unsecured personal loans through Auto, Home and home equity line of credit products. Auto originations rose more than 300% year over year in first-quarter 2026, while Home originations increased about 250%.

These products open larger addressable markets and add servicing opportunities. More than one-fourth of Home loans were fully automated, and home equity line of credit time to close averaged six days from application to signing.

Why Capital-Light Models Matter for UPSTThe capital-light marketplace remains a key part of the UPST setup. In 2025, institutional investors purchased around 64% of loan principal, lending partners purchased 26% and Upstart held roughly 10% on its balance sheet.

Funding depth is central to scalability. The company has well more than half of funding supported by committed capital, added a 24-month forward-flow agreement in first-quarter 2026 and completed oversubscribed securitizations.

How Upstart’s Charter Could Change the SetupUpstart’s national bank charter application should be viewed as a regulatory and operational trend line rather than an immediate earnings event. The potential benefits include broader 50-state coverage, lower origination friction and faster technology and regulatory iteration.

The charter would not change the main funding strategy. Upstart still expects banks, credit unions and institutional investors to purchase the vast majority of platform loans, keeping the model focused on marketplace fees and servicing rather than balance sheet lending.

What Trend Investors Should Watch CloselyThe key tension is mix. Newer products and super-prime personal loans are scaling, but they carry lower near-term take rates. Contribution margin fell to 50% in first-quarter 2026 from 55% a year earlier and 53% in the prior quarter.

That does not erase the growth story, but it raises the bar for execution. Secured-product take rates may take 12 to 24 months or longer to mature, so investors need evidence that larger markets can produce better unit economics.

The Zacks Consensus Estimate for UPST’s sales suggests growth of 36.53% for 2026 and 30.61% for 2027.

Image Source: Zacks Investment Research

How UPST Scores Reflect This TransitionThe bottom line is that Upstart has meaningful exposure to trends shaping digital lending, but the investment case is still in transition. Affirm Holdings (AFRM - Free Report) brings a point-of-sale lending reference point to the same fintech credit debate.

SoFi Technologies (SOFI - Free Report) adds a broader consumer-finance platform comparison, especially for investors weighing scale, product breadth and funding structure. UPST currently carries a Zacks Rank #3 (Hold), which points to a more balanced near-term earnings-revision picture rather than a clear breakout signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Style Scores are less supportive. UPST has a VGM Score of F, Value Score of D, Growth Score of F and Momentum Score of F. Since A and B scores are the most favorable, this weak style profile fits a stock with trend exposure but unsettled margin, valuation and momentum signals.