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NVIDIA and Travelzoo have been highlighted as Zacks Bull and Bear of the Day
Read MoreHide Full Article
For Immediate Release
Chicago, IL – September 22, 2026 – Zacks Equity Research shares NVIDIA Corp. (NVDA - Free Report) as the Bull of the Day and Travelzoo (TZOO - Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Berkshire Hathaway (BRK.B - Free Report) , The Progressive Corp. (PGR - Free Report) and Chubb Ltd. (CB - Free Report) .
NVIDIA Corp. is back to being a Zacks Rank #1 (Strong Buy).
Are you in?
NVIDIA is the leading AI and accelerated computing company in the world. It is in the exclusive "trillion-dollar" club. NVIDIA has a market cap of $5.4 trillion.
NVIDIA Beat Again in the Fiscal Second Quarter 2027
On Aug 26, 2026, NVIDIA reported its fiscal second quarter 2027 results and beat on the Zacks Consensus by $0.13. Earnings were $2.22 versus the Zacks Consensus Estimate of $2.09.
It was the fifth earnings beat in a row. NVIDIA has only missed on earnings three times in the last five years with two of those in 2022, before the AI Revolution began. That's an impressive record.
Revenue soared another 106% to $96.2 billion, up from $46.7 billion in Q2 of fiscal 2026. Data center revenue jumped 117% to $89 billion.
Gross margins were 75%.
As usual, NVIDIA's CEO, Jensen Huang, was bullish.
"AI has reached its inflection point," said Huang.
"It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," he added.
Analysts Remain Bullish on NVIDIA in F2027 and F2028
Despite all the doom and gloom about AI being "over" the earnings estimates on NVIDIA don't tell that story.
One estimate is higher in just the last week with thirteen estimates higher in the last thirty days, which is the analysts raising estimates after the earnings report.
The fiscal 2027 Zacks Consensus Estimate has jumped to $9.25 from $8.91, which is earnings growth of 93.9% because NVIDIA only made $4.77 last year.
Twelve estimates are also higher for fiscal 2028 with the Zacks Consensus rising to $15.33. That would be further earnings growth of 65.8%.
I have said many times over the years on the Zacks Market Edge Podcast that we will never see this kind of earnings, and sales, growth from a large cap company, over this many years, ever again.
Shares of NVIDIA are Beating the S&P 500 in 2026
NVIDIA has been a hot stock for the last few years but in 2026, it took a break. But that "break" means it is still up 20.4% year-to-date.
And that's beating the S&P 500.
NVIDIA is attractively priced. No, I'm not calling it "cheap" but valuations are more attractive now than the last few years.
NVIDIA trades with a forward price-to-earnings (P/E) ratio of 24. That's low for NVIDIA historically.
It also has a price-to-sales (P/S) ratio of 17.7. While that is expensive, even for a growth company, it's down from the high of 40 in 2023.
Sales are expected to rise 88% in fiscal 2027 and another 65.5% in fiscal 2028.
NVIDIA is also shareholder friendly. It now pays an annual dividend of $1.00 which is yielding 0.5%. It also has a massive share repurchase authorization, which still has $99 billion left as of the end of the fiscal second quarter of 2027.
For years, many have doubted NVIDIA. But it has the coveted Zacks #1 (Strong Buy) rank again.
For investors who were waiting for NVIDIA to get more attractive on a fundamental basis, now is the time. NVIDIA should be on your short list.
Travelzoo was negatively impacted by international conflicts, such as the Iran War, in the second quarter. Analysts cut their full year earnings estimates on this Zacks Rank #5 (Strong Sell).
Travelzoo is a club for travel enthusiasts. It reaches 30 million travelers. Club Members receive Club Offers negotiated and vetted by the company's deal experts around the globe. It has relationships with thousands of top travel companies which gives them access to irresistible deals.
Travelzoo Missed Big on Earnings in the Second Quarter of 2026
On July 28, 2026, Travelzoo reported its second quarter 2026 results and missed on the Zacks Consensus by $0.36. Earnings were a loss of $0.21 versus the Zacks Consensus of $0.15.
Revenue was down 3% to $23.2 million. Its revenue consists of advertising revenues and commissions derived from and generated in connection with purchases made by Travelzoo members, as well as membership fees.
Travelzoo said international conflicts created uncertainty among advertisers and travelers. All of Travelzoo's business segments were negatively impacted.
Travelzoo also spent more on marketing in the second quarter in order to grow the membership business. The marketing spend averaged $2.3 million per quarter from Q1 2025 to Q1 2026. But in the second quarter of 2026, the company spent $4.7 million.
It costs $50 to get an annual membership as a Club Member. But this revenue isn't captured immediately. Membership fee revenue is recognized ratably over the full one-year subscription period.
But the cost outlay happens immediately.
Travelzoo's membership revenue was $7.7 million in 2025, or 8% of the total revenue. The company estimates it will be $17.2 million in 2026, or 13% of the total revenue. It also estimates by 2027 it will be $30 million, or 30% of total revenue.
Analysts Cut Travelzoo's Earnings Estimates for 2026 and 2027
The costs are going to outweigh the gains for a while. Three estimates were lowered for 2026 over the last 60 days. That pushed the Zacks Consensus down to a loss of $0.14 from $0.58.
That's a decline of 134% as the company made $0.41 last year.
Three estimates were also cut for 2027 in the last 60 days as well. But analysts expect the company to rebound back to positive earnings. The Zacks Consensus is now looking for $0.73 in 2027, down from the prior consensus of $0.96.
That's earnings growth of 616%.
Shares of Travelzoo Fall to a Multi-Year Low
It's been a tough few months for Travelzoo shares as it unveiled its strategy to grow the membership fee business.
They've fallen back to early 2026 lows, which were multi-year lows.
But Travelzoo is cheap. It has a price-to-sales (P/S) ratio of just 0.6. A P/S ratio under 1.0 usually indicates a company is undervalued. An investor is buying $1.00 worth of sales for just $0.60. The sales are on sale.
Travelzoo also has been repurchasing shares. It repurchased $1.9 million worth of shares in the second quarter.
It finished the second quarter of 2026 with a cash balance of $7.6 million.
Investors interested in Travelzoo might want to wait to see if their strategy is going to work, and for the earnings to turn around, before getting in.
Additional content:
Berkshire After Buffett: Can It Continue to Endure (& Compound)?
Berkshire Hathaway is witnessing its biggest leadership transition. Warren Buffett is stepping down as chairman and assuming the role of chairman emeritus, and his son Howard G. Buffett is becoming the chairman. Greg Abel has already succeeded Warren Buffett as CEO on Jan. 1, 2026.
Over nearly six decades, Warren Buffett created extraordinary shareholder value through his exceptional investment judgment and disciplined approach to capital allocation. His departure marks the end of a remarkable era, but it does not undermine the durable enterprise he built. Although the transition could generate near-term uncertainty, Berkshire's decentralized operating model, financial strength and institutionalized investment discipline should support continued long-term value creation.
Abel's extensive operating experience, deep familiarity with Berkshire's businesses and commitment to its distinctive culture provide important continuity. His involvement in operations and capital allocation has also enabled an orderly transition rather than an abrupt handover.
Concerns surrounding Buffett's departure are further mitigated by Berkshire's underlying economic strength. The company owns high-quality businesses across insurance, railroads, utilities, manufacturing and consumer industries. Substantial insurance float and recurring cash flows from BNSF, Berkshire Hathaway Energy and other subsidiaries provide significant capital-allocation flexibility. Moreover, its fortress balance sheet—including more than $370 billion of cash and U.S. Treasury holdings at year-end 2025—offers resilience during downturns and the capacity to pursue major opportunities during periods of market distress.
More than eight and a half months into the CEO transition, Berkshire's post-Buffett investment case rests not on finding another Buffett, but on preserving its culture, allocating capital rationally and compounding intrinsic value through its uniquely durable collection of businesses.
What About Its Peers?
The Progressive Corp., an insurance company, is a leading independent agency writer of private passenger auto coverage and the market share leader for motorcycle products since 1998. The president and chief executive officer of Progressive Corporation is Tricia Griffith, who has led the company since July 2016. Progressive has grown to become the most significant motor insurance carrier in the United States as of late 2022.
Chubb Ltd. boasts being one of the world's largest providers of property and casualty (P&C) insurance and reinsurance and the largest publicly traded P&C insurer based on market capitalization of $131.4 billion. Evan G. Greenberg has been the chairman and chief executive officer of Chubb since 2004.
BRK.B's Price Performance
Shares of BRK.B have gained 1% year to date, underperforming the industry.
BRK.B's Expensive Valuation
BRK.B trades at a price-to-book value ratio of 1.46, above the industry average of 1.43.
Estimate Movement for BRK.B
The Zacks Consensus Estimate for BRK.B's third-quarter and fourth-quarter 2026 EPS has witnessed no movement over the past 30 days. The consensus estimate for full-year 2026 and 2027 EPS has moved 0.8% and 0.4% north, respectively, in the last 30 days.
The consensus estimates for BRK.B's 2026 and 2027 revenues and earnings indicate year-over-year increases.
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can access their live picks without cost or obligation.
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
View the Zacks #1 Rank List
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NVIDIA and Travelzoo have been highlighted as Zacks Bull and Bear of the Day
For Immediate Release
Chicago, IL – September 22, 2026 – Zacks Equity Research shares NVIDIA Corp. (NVDA - Free Report) as the Bull of the Day and Travelzoo (TZOO - Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Berkshire Hathaway (BRK.B - Free Report) , The Progressive Corp. (PGR - Free Report) and Chubb Ltd. (CB - Free Report) .
Here is a synopsis of all five stocks:
Bull of the Day:
NVIDIA Corp. is back to being a Zacks Rank #1 (Strong Buy).
Are you in?
NVIDIA is the leading AI and accelerated computing company in the world. It is in the exclusive "trillion-dollar" club. NVIDIA has a market cap of $5.4 trillion.
NVIDIA Beat Again in the Fiscal Second Quarter 2027
On Aug 26, 2026, NVIDIA reported its fiscal second quarter 2027 results and beat on the Zacks Consensus by $0.13. Earnings were $2.22 versus the Zacks Consensus Estimate of $2.09.
It was the fifth earnings beat in a row. NVIDIA has only missed on earnings three times in the last five years with two of those in 2022, before the AI Revolution began. That's an impressive record.
Revenue soared another 106% to $96.2 billion, up from $46.7 billion in Q2 of fiscal 2026. Data center revenue jumped 117% to $89 billion.
Gross margins were 75%.
As usual, NVIDIA's CEO, Jensen Huang, was bullish.
"AI has reached its inflection point," said Huang.
"It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," he added.
Analysts Remain Bullish on NVIDIA in F2027 and F2028
Despite all the doom and gloom about AI being "over" the earnings estimates on NVIDIA don't tell that story.
One estimate is higher in just the last week with thirteen estimates higher in the last thirty days, which is the analysts raising estimates after the earnings report.
The fiscal 2027 Zacks Consensus Estimate has jumped to $9.25 from $8.91, which is earnings growth of 93.9% because NVIDIA only made $4.77 last year.
Twelve estimates are also higher for fiscal 2028 with the Zacks Consensus rising to $15.33. That would be further earnings growth of 65.8%.
I have said many times over the years on the Zacks Market Edge Podcast that we will never see this kind of earnings, and sales, growth from a large cap company, over this many years, ever again.
Shares of NVIDIA are Beating the S&P 500 in 2026
NVIDIA has been a hot stock for the last few years but in 2026, it took a break. But that "break" means it is still up 20.4% year-to-date.
And that's beating the S&P 500.
NVIDIA is attractively priced. No, I'm not calling it "cheap" but valuations are more attractive now than the last few years.
NVIDIA trades with a forward price-to-earnings (P/E) ratio of 24. That's low for NVIDIA historically.
It also has a price-to-sales (P/S) ratio of 17.7. While that is expensive, even for a growth company, it's down from the high of 40 in 2023.
Sales are expected to rise 88% in fiscal 2027 and another 65.5% in fiscal 2028.
NVIDIA is also shareholder friendly. It now pays an annual dividend of $1.00 which is yielding 0.5%. It also has a massive share repurchase authorization, which still has $99 billion left as of the end of the fiscal second quarter of 2027.
For years, many have doubted NVIDIA. But it has the coveted Zacks #1 (Strong Buy) rank again.
For investors who were waiting for NVIDIA to get more attractive on a fundamental basis, now is the time. NVIDIA should be on your short list.
Bear of the Day:
Travelzoo was negatively impacted by international conflicts, such as the Iran War, in the second quarter. Analysts cut their full year earnings estimates on this Zacks Rank #5 (Strong Sell).
Travelzoo is a club for travel enthusiasts. It reaches 30 million travelers. Club Members receive Club Offers negotiated and vetted by the company's deal experts around the globe. It has relationships with thousands of top travel companies which gives them access to irresistible deals.
Travelzoo Missed Big on Earnings in the Second Quarter of 2026
On July 28, 2026, Travelzoo reported its second quarter 2026 results and missed on the Zacks Consensus by $0.36. Earnings were a loss of $0.21 versus the Zacks Consensus of $0.15.
Revenue was down 3% to $23.2 million. Its revenue consists of advertising revenues and commissions derived from and generated in connection with purchases made by Travelzoo members, as well as membership fees.
Travelzoo said international conflicts created uncertainty among advertisers and travelers. All of Travelzoo's business segments were negatively impacted.
Travelzoo also spent more on marketing in the second quarter in order to grow the membership business. The marketing spend averaged $2.3 million per quarter from Q1 2025 to Q1 2026. But in the second quarter of 2026, the company spent $4.7 million.
It costs $50 to get an annual membership as a Club Member. But this revenue isn't captured immediately. Membership fee revenue is recognized ratably over the full one-year subscription period.
But the cost outlay happens immediately.
Travelzoo's membership revenue was $7.7 million in 2025, or 8% of the total revenue. The company estimates it will be $17.2 million in 2026, or 13% of the total revenue. It also estimates by 2027 it will be $30 million, or 30% of total revenue.
Analysts Cut Travelzoo's Earnings Estimates for 2026 and 2027
The costs are going to outweigh the gains for a while. Three estimates were lowered for 2026 over the last 60 days. That pushed the Zacks Consensus down to a loss of $0.14 from $0.58.
That's a decline of 134% as the company made $0.41 last year.
Three estimates were also cut for 2027 in the last 60 days as well. But analysts expect the company to rebound back to positive earnings. The Zacks Consensus is now looking for $0.73 in 2027, down from the prior consensus of $0.96.
That's earnings growth of 616%.
Shares of Travelzoo Fall to a Multi-Year Low
It's been a tough few months for Travelzoo shares as it unveiled its strategy to grow the membership fee business.
They've fallen back to early 2026 lows, which were multi-year lows.
But Travelzoo is cheap. It has a price-to-sales (P/S) ratio of just 0.6. A P/S ratio under 1.0 usually indicates a company is undervalued. An investor is buying $1.00 worth of sales for just $0.60. The sales are on sale.
Travelzoo also has been repurchasing shares. It repurchased $1.9 million worth of shares in the second quarter.
It finished the second quarter of 2026 with a cash balance of $7.6 million.
Investors interested in Travelzoo might want to wait to see if their strategy is going to work, and for the earnings to turn around, before getting in.
Additional content:
Berkshire After Buffett: Can It Continue to Endure (& Compound)?
Berkshire Hathaway is witnessing its biggest leadership transition. Warren Buffett is stepping down as chairman and assuming the role of chairman emeritus, and his son Howard G. Buffett is becoming the chairman. Greg Abel has already succeeded Warren Buffett as CEO on Jan. 1, 2026.
Over nearly six decades, Warren Buffett created extraordinary shareholder value through his exceptional investment judgment and disciplined approach to capital allocation. His departure marks the end of a remarkable era, but it does not undermine the durable enterprise he built. Although the transition could generate near-term uncertainty, Berkshire's decentralized operating model, financial strength and institutionalized investment discipline should support continued long-term value creation.
Abel's extensive operating experience, deep familiarity with Berkshire's businesses and commitment to its distinctive culture provide important continuity. His involvement in operations and capital allocation has also enabled an orderly transition rather than an abrupt handover.
Concerns surrounding Buffett's departure are further mitigated by Berkshire's underlying economic strength. The company owns high-quality businesses across insurance, railroads, utilities, manufacturing and consumer industries. Substantial insurance float and recurring cash flows from BNSF, Berkshire Hathaway Energy and other subsidiaries provide significant capital-allocation flexibility. Moreover, its fortress balance sheet—including more than $370 billion of cash and U.S. Treasury holdings at year-end 2025—offers resilience during downturns and the capacity to pursue major opportunities during periods of market distress.
More than eight and a half months into the CEO transition, Berkshire's post-Buffett investment case rests not on finding another Buffett, but on preserving its culture, allocating capital rationally and compounding intrinsic value through its uniquely durable collection of businesses.
What About Its Peers?
The Progressive Corp., an insurance company, is a leading independent agency writer of private passenger auto coverage and the market share leader for motorcycle products since 1998. The president and chief executive officer of Progressive Corporation is Tricia Griffith, who has led the company since July 2016. Progressive has grown to become the most significant motor insurance carrier in the United States as of late 2022.
Chubb Ltd. boasts being one of the world's largest providers of property and casualty (P&C) insurance and reinsurance and the largest publicly traded P&C insurer based on market capitalization of $131.4 billion. Evan G. Greenberg has been the chairman and chief executive officer of Chubb since 2004.
BRK.B's Price Performance
Shares of BRK.B have gained 1% year to date, underperforming the industry.
BRK.B's Expensive Valuation
BRK.B trades at a price-to-book value ratio of 1.46, above the industry average of 1.43.
Estimate Movement for BRK.B
The Zacks Consensus Estimate for BRK.B's third-quarter and fourth-quarter 2026 EPS has witnessed no movement over the past 30 days. The consensus estimate for full-year 2026 and 2027 EPS has moved 0.8% and 0.4% north, respectively, in the last 30 days.
The consensus estimates for BRK.B's 2026 and 2027 revenues and earnings indicate year-over-year increases.
BRK.B stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can access their live picks without cost or obligation.
See Stocks Free >>
Media Contact
Zacks Investment Research
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.