Par Pacific Holdings

PARR

Market cap $2.3B

Turkey isn't the only thing making investors tired this Thanksgiving: AI fatigue is setting in as bubble fears rise and tech trades at dot-com era multiples. Record AI spending continues despite skepticism over near-term payoffs and many firms reporting zero measurable returns. AI investment could reach $4 trillion by 2030, while tech leaders acknowledge the risk of irrational spending and the potential for a bubble to burst.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Broker-adored picks like PARR, BTSG, GT, AAL and ALGT emerge from a rigorous screen as market volatility challenges investors.

Par Pacific Holdings (PARR) is rated a Buy, with over 21% upside potential based on strong operational momentum and catalysts into 2026. I see the massive Q3 earnings beat, while boosted by a one-time $203 million regulatory gain, as a sign of underlying strength, but my thesis does not rely on these. PARR's operational leverage to a "distillate-tight world" should be a key growth pillar, as its refineries are running in "max distillate mode" to capture higher margins on diesel and jet.

Here is how Par Petroleum (PARR) and Siemens Energy AG Unsponsored ADR (SMNEY) have performed compared to their sector so far this year.

MPC, PSX, GLPEY and PARR stand out as the refining industry enters a constructive phase with firm demand, tight capacity and expanding renewable fuels.

PARR, AU, GMED, ALNT and SNDK emerge as top picks after posting gains, rising estimates and sustained relative price outperformance.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Par Petroleum (PARR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Does Par Petroleum (PARR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.