Articles for tag: Investing, Stocks

January 4, 2024

Ron Finklestien

Air Industries Soars with F-35 Contract Win Air Industries Soars with F-35 Contract Win

Air Industries Group’s AIRI business unit, Sterling Engineering Corporation, has sealed two contracts worth $3.2 million. The contracts entail supplying engine components for the F-135 jet engine powering the Lockheed Martin F-35 Lightning II. Deliveries are set to commence in early 2024. Unveiling the Wings of Triumph Lockheed Martin’s F-35 fleet flaunts cutting-edge features that make it an enticing choice for an array of nations. The company’s relentless pursuit of modernization to enhance the fighter jet with advanced technologies, keeping pace with contemporary warfare requisites, is propelling its demand. The U.S. government has set its sight on owning 2,456 F-35

January 4, 2024

Ron Finklestien

Why Stryker (SYK) Stock Should Be a Staple In Your Portfolio Why Stryker (SYK) Stock Should Be a Staple In Your Portfolio

Stryker Corporation SYK is set for a solid growth trajectory backed by a formidable robotic arm-assisted surgery platform, Mako, and a diverse product portfolio. The company has seen a 16.4% stock increase in the past year, far surpassing the industry’s 1.7% rise, and demonstrating a substantial leap compared to S&P 500 Index’s 23.8% upturn. With a market cap of $112.54 billion, Stryker is a leading player in the orthopedic market and projects a 10.1% growth in earnings over the next five years. SYK’s 3.9% earnings yield fares significantly better than the industry average of 0.8%. Image Source: Zacks Investment Research

January 4, 2024

Ron Finklestien

After An 11% Fall Last Year Is Humana A Better Pick Over UnitedHealth Stock?

Humana’s Attractive Valuation Indicates a Superior Pick Over UnitedHealth Group Stock The Battle of Titans: Humana vs. UnitedHealth Group Investing in stocks is akin to picking a prized racehorse at the Kentucky Derby. It takes a sharp eye to discern the steed with the most potential for a triumphant gallop. Such keen acumen is currently being put to the test as investors scrutinize the prospects of Humana and its counterpart, UnitedHealth Group. Market Performance and Historical Context The stock market, like the unpredictable weather, has demonstrated capricious behavior of late. From the stormy tempests of 2022 to the sunny skies

January 3, 2024

Ron Finklestien

Airline Stocks Set to Soar in 2024: A Look at Three High-Flyers

As we embark upon a new year, several airline stocks are catching the eye of investors, with a number of them occupying coveted spots on the Zacks Rank #1 (Strong Buy) list. The U.S. Department of Transportation revealed that the recent holiday travel season witnessed remarkable smoothness, with a mere 0.8% cancellation rate, a stark contrast to the 8.2% witnessed at the end of 2022. In fact, the cancellation rate for domestic flights in 2023 was below 1.2%, marking the lowest in a decade. SkyWest: Navigating the Skies with Promise Touting a Zacks Rank #1 (Strong Buy), SkyWest Airlines, a

January 3, 2024

Ron Finklestien

Opportunity Awaits: Agriculture Stocks to Buy for the New Year Opportunity Awaits: Agriculture Stocks to Buy for the New Year

Ripe for the Picking: A Bountiful Year for Agriculture Stocks After such an incredible year for the stock market in 2023, investors will certainly be looking for buy-the-dip candidates as a market pullback is to be expected at some point. In this regard, a few agriculture stocks are attractive as they look poised to move higher even as a potential correction for the broader market looms. With that being said, let’s check out the opportunity in two pleasantly intriguing Zacks Agriculture-Operations Industry stocks. Dole: Fresh Growth Potential Boasting a Zacks Rank #1 (Strong Buy) Dole’s stock is starting to look

January 3, 2024

Ron Finklestien

Ralph Lauren’s Digital Surge: A Bullish Outlook for 2024 Ralph Lauren’s Digital Surge: A Bullish Outlook for 2024

Amidst bullish sentiments, Ralph Lauren Corporation (RL) is charting a course for growth, propelled by a remarkable digital surge and robust strategies. With a steadfast focus on enhancing digital capabilities, deepening customer relationships, and expanding in international markets while managing expenses deftly, the company is positioning itself for a soaring trajectory. The Next Great Chapter Unfolds Efforts under the Next Great Chapter plan are yielding promising results. The successful transition of Chaps to a licensed business stands as a testament to Ralph Lauren’s portfolio realignment strategy. This strategic move has freed resources to concentrate on core brands, a pivotal element

January 3, 2024

Ron Finklestien

PVH Corp Set for Spectacular Growth in 2024 PVH Corp Set for Spectacular Growth in 2024

PVH Corporation PVH appears encouraging, thanks to the successful execution of its strategic initiatives and strong fundamentals. The company’s multi-year strategy PVH+ Plan to drive sustainable growth is working smoothly while momentum in its international business also continues. Its brand strength, particularly in Calvin Klein and TOMMY HILFIGER, is an added positive. Buoyed by such endeavors, the clothing designer’s shares have skyrocketed 67.7% in the past three months, surpassing the industry’s 30.7% growth. Impressively, analysts seem optimistic about the stock. The Zacks Consensus Estimate for fiscal 2024 sales and earnings per share (EPS) is currently pegged at $9.2 billion and

January 3, 2024

Ron Finklestien

Xponential (XPOF) to Expand Pure Barre and YogaSix With Sunpark The Sweeping Japanese Odyssey of Xponential (XPOF) and Sunpark: A Promising Picture

Xponential Fitness, Inc. XPOF has set its sights on Japan for an ambitious journey, having recently signed a Master Franchise Agreement with the esteemed Sunpark Co. Ltd. This monumental agreement aims to extend the reach of the Pure Barre and YogaSix brands in the Land of the Rising Sun. This strategic move further bolsters XPOF’s footprint in Japan, adding two more brands to the lineup, standing alongside the likes of Club Pilates, CycleBar, Rumble, AKT, and StretchLab. With a minimum of 50 franchised studios set to open for Pure Barre and YogaSix, Sunpark’s extensive real estate and development prowess are

January 3, 2024

Ron Finklestien

Revolutionary SoC to Empower Kodiak Vehicles of Ambarella Revolutionary SoC to Empower Kodiak Vehicles of Ambarella

Ambarella has launched its game-changing AMBA CV3-AD685 AI domain control system-on-chip (SoC) in January 2023, poised to be the driving force behind Kodiak Robotics’ fleet of autonomous vehicles. This breakthrough SoC was initially designed for Level 2+ and Level 4 autonomous vehicles. Level 2+ autonomous vehicles are equipped with advanced features such as adaptive cruise control, lane centering, and automatic braking, while Level 4 vehicles possess even higher levels of self-driving capability. CV3-AD685: A Paradigm Shift in Autonomy The revolutionary CV3-AD685 AI engine represents a significant leap from its predecessor (CV2 SoCs). It delivers a staggering 20-fold increase in neural