Argan faces potential project delays and cash flow risks due to data center moratoriums in Texas, but its strong balance sheet and ongoing AI and electrification investments provide long-term growth opportunities. The company is expected to deliver stronger results in the second half of 2027, supported by a new fabrication facility and early completion of a Midwest solar project. Despite some margin and backlog variability, Argan's stock is near fair value with over 30% upside potential to a $478.40 target. The stock is upgraded to Buy, though investors should be cautious due to technical weakness and high short interest.
Argan's outlook amid electrification and AI investments is provided here with Pluang's Industrials sector data for context. For readers following Industrials, 49 of 93 US stocks rose and 44 fell on Pluang. Notable movers include FCEL at USD 16.97 with a 5.14% gain, ITW at USD 261.22 down 4.61%, and BA at USD 192.37 up 4.33%. This data is as of Sep 30, 2026 09:51 WIB.
A large cryptocurrency holder withdrew 2,640 Zcash (ZEC) worth about $3.72 million from Binance on September 30. Over the past month, this address has withdrawn a total of 14,190 ZEC, approximately $20 million, from Binance and Gate exchanges. This r...
The Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) targets high weekly income by leveraging volatility in technology-heavy growth markets, offering an attractive 30% yield. It uses 0DTE call spreads on the Nasdaq-100 and has shifted from put sell...
Zcash (ZEC) has fallen back toward the $1,400 level after losing support at $1,500, putting pressure on its strong September rally that saw prices reach nearly $1,688. The token is trading near $1,412 with a market cap around $24 billion, showing a 1...
U.S. Treasury yields dropped on Wednesday after heavy selling the day before, with the 30-year bond yield down 4 basis points to 5.553%, the 10-year down 3 basis points to 5.221%, and the 2-year down 1 basis point to 4.876%. This decline comes amid i...
Bitcoin's Bull Score rose to 90 after breaking above its 365-day moving average, signaling a bullish market. However, spot demand has contracted by about 170,000 BTC in the past month, and futures demand growth dropped 90% in 15 days, indicating weak...
