Investing.com’s stocks of the week

Investing.com -- A mixed week saw crypto-linked names rally despite a legislative setback, while profit warnings and a cautious outlook from one of the largest U.S. banks weighed elsewhere.

Here are Investing.com's stocks of the week:

Crypto stocks

Crypto-linked equities rallied despite the CLARITY Act failing to advance this week. The rally comes amid a rise in Bitcoin, up 5.5% to $80,588 on Friday.

Strategy has gained 15.1% over the week, including 13.6% so far on Friday. Coinbase rose 11.9% across the week and 11.8% on Friday, while Riot Platforms added 7.4% and Robinhood gained 5.3% over the week, up 8.6% in Friday's session.

Bernstein analyst Gautam Chhugani said negotiations broke down over the ethics provision and that, given the limited time window, investors should not count on a re-vote.

He expects the sector's catalysts to shift toward rule-making from the CFTC and SEC, which he believes will be "aggressive and swift" to make up for the time lost. Chhugani said he would be a buyer of weakness in crypto stocks, particularly those linked to tokenization, perpetual futures, stablecoins and prediction markets.

Generac

Generac was a standout performer this week, jumping around 40% in after-hours trading Wednesday and closing 18.3% higher in Thursday’s regular session, for a 10.9% gain over the week.

The move followed the disclosure of a long-term supply agreement with Amazon for backup generators, covering $2.4 billion in deliveries across 2027 and 2028.

Jefferies analyst Tanner James reiterated a Buy rating and a $286 price target on the stock, calling it a "landmark Amazon partnership."

He said the deal, worth up to $8 billion, significantly improves backlog quality and duration for the data center business and should help ease investor concerns over terminal value. James added that the financing structure, which includes warrants issued to Amazon, aligns both parties for supply beyond the initial commitment and likely protects margins.

Tempus AI

Tempus AI has climbed 29.7% over the week following a presentation at the Morgan Stanley conference, where management pointed to data and diagnostics as the drivers of growth.

J.B. Hunt Transport Services

J.B. Hunt declined 13.3% on Wednesday and is down around 14% across the week after an unusual intra-quarter earnings warning delivered at a Morgan Stanley conference.

The trucking company said it expects earnings to decline 5% to 10% between the second and third quarters, noting that it does not typically discuss intra-quarter trends.

Barclays analyst Brandon Oglenski said the company took the unusual step of providing an earnings outlook range that is being hit by higher costs, despite what he described as an upbeat discussion of freight market fundamentals, which appear to have finally inflected positively from a demand perspective.

Bank of America

Bank of America dropped 5.1% on Monday and looks set to end the week down around 8.7% after CEO Brian Moynihan flagged a weaker investment banking outlook.

Speaking at the Barclays Global Financial Services Conference, Moynihan said the bank expects third-quarter investment banking fees of $1.6 billion to $1.8 billion, a decline of at least 10% from the same period last year.

He attributed the drop to a slowdown in the investment banking market, with the industry overall tracking roughly 10% lower.

You May Also Be Interested In

• Meta bull case increasingly playing out, Mizuho says
• EU auto OEMs face an existential China threat: Who wins and who loses?
• Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks