Picks for 2026-07-06

1. QXOQXO, Inc.

   QXO's stock is moving today because the company officially closed its $17 billion acquisition of TopBuild Corp. on July 1, 2026. This deal significantly expands QXO's presence in the building products market, making it a leader in insulation, waterproofing, roofing, lumber, and other building materials in North America. While the acquisition is expected to be highly beneficial for QXO's earnings and growth, some analysts have recently lowered price targets due to merger-arbitrage trading and broader economic headwinds in the construction industry.

   5-day return -12.14% · -11.86% vs SPY · lagged SPY

2. VNOMViper Energy, Inc.

   Viper Energy (VNOM) shares are seeing downward pressure today, trading lower by over 1% after a strong Q1 2026 earnings report that beat EPS estimates by 28%. Despite the earnings beat and raised full-year production guidance, the stock's decline appears to be influenced by broader energy sector weakness and volatile oil prices, potentially linked to shifting geopolitical sentiment around a U.S.-Iran ceasefire. The stock is currently oversold with an RSI of 24, and has recently experienced a "death cross," where its short-term average price fell below its long-term average, suggesting further bearish momentum.

   5-day return +6.74% · +7.02% vs SPY · beat SPY

3. PAASPan American Silver Corp.

   Pan American Silver (PAAS) shares are seeing increased volatility, rising 4.4% on July 2nd, driven by a sharp rebound in silver prices. This surge is attributed to dovish comments from Federal Reserve Chair Kevin Warsh, which eased inflation fears and reduced expectations for further rate hikes, benefiting primary silver producers. The company also recently beat Q1 2026 earnings and revenue expectations, reporting $1.09 EPS on $1.33 billion in revenue, with analysts maintaining a "Moderate Buy" rating.

   5-day return -5.15% · -4.87% vs SPY · lagged SPY

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