Picks for 2026-08-10

1. CPACopa Holdings, S.A.

   CPA, or Copa Holdings S.A., is seeing downward pressure after reporting Q2 earnings and revenue that missed analyst estimates on August 5, 2026. The airline's earnings per share of $1.67 fell short of the $1.88 consensus, and revenue of $1.06 billion also missed expectations, primarily due to higher jet-fuel costs squeezing margins despite strong revenue growth. This news comes as the stock is already considered "Modestly Overvalued" by some metrics, trading above its intrinsic value estimate.

   5-day return -2.12% · -2.08% vs SPY · lagged SPY

2. ETEnergy Transfer LP

   Energy Transfer (ET) is seeing positive momentum after reporting stronger-than-expected second-quarter 2026 earnings, with adjusted EPS of $0.59 surpassing forecasts of $0.37, and a 30.8% increase in adjusted EBITDA. The company also raised its full-year EBITDA guidance and increased its quarterly cash distribution to $0.34 per common unit, reinforcing its income appeal. This strong performance and outlook have led Wall Street Zen to upgrade ET from a "hold" to a "buy" rating.

   5-day return +1.70% · +1.75% vs SPY · beat SPY

3. WULFTeraWulf Inc.

   WULF is down today after reporting a significant Q2 2026 net loss of $939.9 million on August 5th, far exceeding analyst expectations for a smaller loss. This substantial loss, driven by non-cash items and operating costs, overshadowed the company's strategic pivot towards high-performance computing (HPC) and a new 20-year, $19 billion data center lease with Anthropic. The stock's decline is further exacerbated by analyst downgrades to revenue and earnings forecasts, signaling deeper projected losses and raising concerns about the pace at which the HPC strategy will translate into profits.

   5-day return +8.64% · +8.69% vs SPY · beat SPY

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