This summer, the S&P 500 reached a new all-time high, with several stocks rebounding significantly. Three key stocks—Intuit Inc. (NASDAQ: INTU), MGM Resorts International (NYSE: MGM), and Leidos Holdings Inc. (NYSE: LDOS)—have risen over 30% from their June lows but are facing substantial fundamental challenges.
Intuit’s shares are still down 40% year-to-date despite a recent rally, driven mainly by price hikes rather than new customers. The company reports its fiscal Q4 2026 results on August 25, with expected earnings per share (EPS) of $1.43 and revenue of $4.28 billion. MGM’s stock experienced fluctuations after a buyout offer from Barry Diller’s People Inc. for $48.30 per share. However, shares have since dipped below this offer price due to increasing deal risk and falling visitor numbers in Las Vegas. Leidos Holdings, while posting record revenues of $4.6 billion in Q2 2026 and raising its revenue guidance nominally, faces hurdles in its Health segment, further complicating its recent stock run-up.
As these stocks garner investor attention, caution is warranted amid their underlying weaknesses and market volatility.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
