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2 hours ago
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Are You Looking for a Top Momentum Pick? Why Noah Holdings (NOAH) is a Great Choice
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Noah Holdings (NOAH), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Noah Holdings currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if NOAH is a promising momentum pick, let's examine some Momentum Style elements to see if this wealth management firm holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For NOAH, shares are up 6.78% over the past week while the Zacks Financial - Investment Management industry is down 0.17% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 27.85% compares favorably with the industry's 2.09% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Noah Holdings have increased 17.18% over the past quarter, and have gained 16.4% in the last year. In comparison, the S&P 500 has only moved 5.72% and 10.37%, respectively. Investors should also pay attention to NOAH's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. NOAH is currently averaging 241,996 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with NOAH. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost NOAH's consensus estimate, increasing from $1.31 to $1.37 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that NOAH is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Noah Holdings on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Noah Holdings Ltd. (NOAH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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2 hours ago
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Earnings Growth & Price Strength Make Alphabet (GOOGL) a Stock to Watch
If you're a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That's why you should start by looking at stocks that are set to beat the market over the next 12 months, a strategy that's been proven to generate strong returns. Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio. Alphabet is one of the most innovative companies in the modern technological age. Over the last few years, the company has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google has a monopoly with more than 94% of the online search volume and market. Since being added to the Zacks Focus List on May 19, 2025 at $166.19 per share, shares of GOOGL have increased 4.29% to $173.32. For fiscal 2025, 16 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.78 to $9.51. GOOGL boasts an average earnings surprise of 14.6%. Earnings for Alphabet's are forecasted to see growth of 18.3% for the current fiscal year as well. Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like GOOGL offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alphabet Inc. (GOOGL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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3 hours ago
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Zacks Investment Ideas feature highlights: Meta Platforms, Blackrock, IBIT, Circle and Coinbase
Chicago, IL – June 20, 2025– Today, Zacks Investment Ideas feature highlights Meta Platforms META, Blackrock BLK, iShares Bitcoin Trust ETF IBIT, Circle CRCL and Coinbase COIN. Bitcoin's launch in 2009 changed the world forever and triggered the crypto revolution. The world's first cryptocurrency rose from obscurity, once primarily used for nefarious purposes like buying drugs off the dark web off websites like 'The Silk Road,' to the mainstream. Today, Bitcoin is a $2.08 trillion asset and is larger than some of America's largest companies like Meta undeniable success has bred further innovations and new products. Depending on how you count, there are approximately 10,000 cryptocurrencies in existence. Few could have possibly predicted that, Blackrock, the world's largest asset manager and once a Bitcoin skeptic, would launch the iShares Bitcoin Trust ETF. Still, there have been many booms, busts, and too many failures to count. For example, non-fungible tokens, or NFTs, caught fire a few years ago, only to plunge in value and become irrelevant. That said, stablecoins are a rare and often overlooked crypto innovation that is likely to stay. Better yet, the stablecoin revolution is in its infancy and will only grow from here. When most investors think of cryptocurrencies, they think of rampant speculation and volatility. To most, these attributes are a feature, not a bug. However, a stablecoin is a cryptocurrency that is built to have low volatility and "peg" its value to a stable asset such as the fiat currency (like the US dollar) or a commodity like silver. Stablecoin operators back their stablecoins by holding fiat currency or T-bills in bank accounts. Beyond bringing low volatility to crypto, stablecoins bridge the gap between crypto and legacy finance. The primary benefit of using stablecoins is that they allow for far cheaper and more rapid transactions than traditional banks. In addition, these stablecoins allow for much easier international transactions and wait times. On 'The All-In Podcast,' venture capitalist Chamath Palihapitiya laid out two reasons stablecoin usage will surge in 2025: 1. Stablecoin usage decoupled from crypto volatility for the first time in 2024. In other words, stablecoins are being used for wholesale useful functions in running a business. 2. In the first half of 2024, stablecoins ($8.5T) had more than double the transaction volume of Visa (~$3.5T). Chamath continued, "I think we're going to finally attack the duopoly of Visa and Mastercard. I think you're going to see an innumerable number of use cases that sit and use stablecoin rails. Judging by the performance of recent IPO Circle, operator of the second largest stablecoin USDC (a stablecoin pegged to the dollar), the Wall Street investors believe the hype. CRCL shares are already up 79% since going public earlier this month! Meanwhile, while stablecoin demand is already impressive, a new bill advancing through congress can accelerate that demand. After years of running into regulatory hurdles, mostly from the Democrats, the US Senate has approved stablecoin legislation in a bipartisan vote. The bill would finally put a regulatory framework around issuing and operating stablecoins, lending credibility to the industry. Next, the bill will move to the US House of Representatives, where the Republicans hold a majority. Finally, it will go to President Trump's desk, where it will likely be signed (based on Treasury Secretary Scott Bessent's comments). As mentioned, CRCL is a big winner based on its performance. Coinbase,which has a revenue share program with CRCL, is another big card companies like Mastercard and Visa as well as legacy banks, are potential is looking to move into the industry after filing a patent for a stablecoin-like token called JPMD. The stablecoin revolution is more than a fleeting trend; it's a fundamental shift in how we approach digital transactions in the broader financial landscape. With its efficiency, low cost, and legislative support, demand for stablecoins is set to soar. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BlackRock (BLK) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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3 hours ago
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Chevron Invites Bids to Divest 50% Stake in Singapore Refinery
Chevron Corporation CVX has reportedly begun the sale process for its 50% stake in Singapore Refining Company ('SRC'), inviting non-binding bids from potential buyers. Among those approached is PetroChina, which already owns the remaining 50% through its Singapore Petroleum Co Ltd unit and holds the first right of refusal. The move is part of the U.S. oil giant's broader efforts of global restructuring and streamlining operations. Chevron has been optimizing its global portfolio by prioritizing core growth assets, aiming to cut costs and enhance profitability. Earlier this year, Chevron announced plans to lay off 15-20% of its employees to restructure operations. Last month, Chevron divested its interest in Chevron Phillips Singapore Chemicals to Aster Chemicals and Energy, a joint venture between Chandra Asri and Glencore. The potential sale of the refinery would mark the second recent departure by a global energy major from Singapore's refining sector, which faces higher operating costs due to a carbon tax that has impacted its competitiveness compared with other regions. The company's restructuring is not limited to Singapore. Chevron is also assessing the market for other assets in Asia, including terminal and fuel storage facilities in Australia and the Philippines. Morgan Stanley has been appointed to oversee the sale process for these assets, including the SRC refinery. Singapore Refining Company is a 50/50 joint venture between Chevron and China's state-owned oil and gas major, PetroChina. With a crude processing capacity of 290,000 barrels per day, it is the smallest refinery in Singapore. The facility features seven shipping berths capable of accommodating very large crude carriers. Its fuel products are traded regionally and internationally, supported by a well-established distribution network across Singapore and Jurong Island. Global trading house Glencore is among the entities reportedly invited to assess the refinery stake. Estimates suggest Chevron's share in SRC could be valued between $300 million and $500 million. The sale process, with offers expected in July, comes at a time when energy majors are sharpening their focus on profitability and efficiency in a volatile market. Houston, TX-based Chevron is one of the largest publicly traded oil and gas companies that participates in every aspect related to energy, from oil production to refining and marketing. Currently, CVX has a Zacks Rank #3 (Hold). Investors interested in the energy sector might look at some better-ranked stocks like Global Partners LP GLP, Subsea 7 S.A. SUBCY and Gibson Energy Inc. GBNXF. While Global Partners and Subsea 7 currently sport a Zacks Rank #1 (Strong Buy) each, Gibson Energy carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Global Partners is a Delaware limited partnership formed by affiliates of the Slifka family. GLP owns, controls or has access to one of the largest terminal networks of refined petroleum products in New England. The Zacks Consensus Estimate for Global Partners' 2025 earnings indicates 17.84% year-over-year growth. Subsea 7 operates as an engineering, construction and services contractor to the offshore energy industry worldwide. The Zacks Consensus Estimate for Subsea 7's 2025 earnings indicates 95.52% year-over-year growth. Calgary, Alberta-based Gibson Energy is an oil infrastructure company with its principal businesses consisting of the storage, optimization, processing and gathering of crude oil and refined products. The Zacks Consensus Estimate for GBNXF's 2025 earnings indicates 36.76% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chevron Corporation (CVX) : Free Stock Analysis Report Global Partners LP (GLP) : Free Stock Analysis Report Subsea 7 SA (SUBCY) : Free Stock Analysis Report Gibson Energy Inc. (GBNXF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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3 hours ago
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Evergy Benefits From Strategic Investments & Renewable Expansion
Evergy, Inc. EVRG continues to benefit from expansion of operations in the transmission market through collaborations, strategic acquisitions and partnerships. The company intends to add more renewable assets to boost its overall this Zacks Rank #3 (Hold) company faces risks related to the failure of old equipment and weather fluctuations. Evergy has already started to expand its existing operations through partnerships, systematic acquisitions and collaborations. Evergy formed a joint venture (JV) named Transource Energy, which will be focused on developing a competitive transmission project. The JV is focused on the development of competitive electric transmission projects across the United States, which definitely holds huge potential for long-term long-term investment plans center around transmission, distribution infrastructure upgrades and customer-facing platforms to improve reliability. In 2024, the company invested $2.34 billion in infrastructure to modernize grid. It targets nearly $17.5 billion of capital investments for 2025-2029, including a new generation of around $6.17 billion, which is expected to be a renewable is actively building renewable projects with a capacity of 800 megawatt (MW). Out of this, 500 MW is included in its 2-3% demand forecast. The company is also set to take advantage of the growing demand from data centers. EVRG has been finalizing agreements of 1.3 gigawatt from two data center projects, including one in Kansas and the expansion of an existing data center customer in Missouri. Despite maintenance, the old equipment might fail, causing unplanned outages and service disruptions, which may force the company to purchase power from others at unpredictable and potentially higher costs in order to meet its sales obligations. The occurrence of extended or unplanned outages could adversely impact EVRG's consolidated financial sales are seasonal, and changing weather conditions play a pivotal role in the overall performance of Evergy. Mild winter and summer seasons can reduce demand for electricity, affecting the performance of the company. In the past six months, shares of the company have risen 8.9% compared with the industry's 5.7% growth. Image Source: Zacks Investment Research Some better-ranked stocks from the same industry are Portland General Electric POR, NiSource NI and CenterPoint Energy CNP, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks long-term (three to five years) earnings growth rate is 3.44%. The Zacks Consensus Estimate for 2025 earnings per share (EPS) is pinned at $3.21, indicating a year-over-year increase of 2.2%.NI's long-term earnings growth rate is 7.88%. The Zacks Consensus Estimate for 2025 EPS is pinned at $1.88, implying year-over-year growth of 7.4%.CNP's long-term earnings growth rate is 7.76%. The Zacks Consensus Estimate for 2025 EPS is pinned at $1.75, suggesting a year-over-year improvement of 8%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NiSource, Inc (NI) : Free Stock Analysis Report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report Portland General Electric Company (POR) : Free Stock Analysis Report Evergy Inc. (EVRG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
