Is SPX Technologies (SPXC) a Strong Momentum Stock Worth Buying?
Momentum Investing Overview: Momentum investing involves buying stocks that are trending upwards, with the expectation that they will continue to rise. The Zacks Momentum Style Score helps identify stocks with strong momentum characteristics.
SPX Technologies Performance: SPX Technologies (SPXC) has a Momentum Style Score of A and a Zacks Rank of #2 (Buy), with significant price increases of 14.97% over the past quarter and 46.88% over the last year, outperforming the S&P 500.
Earnings Estimates and Volume: SPXC has seen positive earnings estimate revisions, with five estimates moving higher recently. The stock's average trading volume of 358,502 shares over the last 20 days indicates strong interest.
Investment Recommendation: Given its strong momentum indicators and positive earnings outlook, SPX Technologies is recommended as a promising stock pick for investors looking for potential short-term gains.
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Analyst Views on SPXC
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- Coinbase Rating Maintained: Bernstein reiterates Coinbase as outperform, noting that despite Q4 revenue missing estimates by 3% and a 28% drop in adjusted EPS to $0.66, the stock remains undervalued, indicating long-term optimism.
- Instacart's Strong Performance: Barclays maintains an overweight rating on Instacart, highlighting its rare beat-and-raise earnings report in the internet earnings cycle, suggesting a unique advantage in a competitive market that may attract more investor interest.
- Airbnb Upgraded to Buy: Deutsche Bank upgrades Airbnb from hold to buy, stating that while it faces AI disruption risks, its unique supply chain offers more insulation compared to peers, which is likely to draw more investor attention.
- CrowdStrike's Attractive Valuation: HSBC upgrades CrowdStrike from hold to buy, citing attractive current valuation and projecting a non-GAAP EPS CAGR of 38.3% over FY26-29, indicating strong growth potential.

- Global Research Initiative: A new initiative has been launched to buy from neutral sources, aiming to enhance global research capabilities.
- Price Increase Announcement: The objective price has been raised to $280 from the previous $240, reflecting the increased costs associated with the initiative.
- Halozyme Financial Performance: Halozyme's Q3 revenue increased by 22% year-over-year to $354 million, with earnings per share (EPS) soaring 36% to $1.43, demonstrating its strong market position in drug delivery systems.
- Catalyst Growth Potential: Catalyst achieved a remarkable 249% revenue growth leading up to 2024, with Q3 revenue rising 24% year-over-year to $436.3 million and EPS climbing 45.9% to $1.27, reflecting strong demand in rare disease treatments.
- Competitive Advantage: Both companies maintain low debt levels, with Halozyme reducing its long-term debt from $1.5 billion to $800 million, while Catalyst has no debt, providing them with greater flexibility for acquisitions and R&D investments.
- Optimistic Industry Outlook: The biotech sector rebounded in 2025, with the SPDR S&P Biotech ETF rising 27%, indicating a resurgence in market demand for innovative drugs, while both Halozyme and Catalyst are valued below the sector average, suggesting significant future growth potential.
- Biotech Recovery: In 2025, the SPDR S&P Biotech ETF surged 27%, nearly doubling the S&P 500's 16% gain, indicating a robust recovery in the biotech sector, supported by lower interest rates facilitating debt financing.
- Halozyme's Strong Growth: Halozyme Therapeutics saw its stock rise over 25% in the past year, with Q3 revenue increasing 22% year-over-year to $354 million and EPS jumping 36% to $1.43, showcasing its competitive edge in drug delivery systems.
- Catalyst's Profitability: Catalyst Pharmaceuticals reported a staggering 249% revenue growth from 2021 to 2024, with a 24% year-over-year increase in revenue to $436.3 million and a 45.9% rise in EPS to $1.27 this year, reflecting strong market demand in rare disease treatments.
- Optimistic Future Outlook: Halozyme forecasts annual revenue of $1.3 billion to $1.375 billion for 2026, representing 28% to 35% growth, while Catalyst anticipates revenue of $565 million to $585 million, nearly a 17% increase, indicating promising growth potential for both companies.

- Market Rebound: Stocks rebounded following President Trump's announcement to halt tariffs on Greenland, reflecting a renewed optimism in the market that could restore investor confidence and stimulate economic activity.
- Future Deal Framework: The “framework” mentioned by Trump suggests potential future trade agreements, which may positively influence trade relations between the U.S. and other nations, thereby impacting global market dynamics.
- New Buying Opportunities: Google and Eli Lilly emerge as leaders in new buying opportunities, indicating sustained investor confidence in the technology and pharmaceutical sectors, which could drive stock prices higher.
- Improved Market Sentiment: Trump's statement not only alleviates concerns over trade tensions but may also create more investment opportunities for other companies, enhancing overall economic growth expectations.
- Market Rebound: Stocks rebounded as President Trump announced he would not proceed with tariffs on Greenland, indicating investor optimism about a potential future trade deal, which could stimulate economic recovery.
- New Investment Opportunities: Google and Eli Lilly emerged as leading new buys, reflecting investor confidence in the technology and pharmaceutical sectors, potentially driving stock prices higher.
- Trade Framework Established: Trump's mention of a 'framework' for future agreements lays the groundwork for subsequent trade negotiations, which may improve trade relations between the U.S. and other countries.
- Investor Sentiment Improvement: With reduced uncertainty surrounding tariff policies, investor sentiment has improved, likely leading to increased capital inflows into the stock market, thereby enhancing overall market performance.








