Nimble, smart, and staying ahead. Argus has identified six companies that we believe should be added to our Innovation theme model portfolio. These are companies we know well (which we like) and that continue to perform well and demonstrate financial stability and success. Over and over again, they nurture their innovative mindset, responding to market needs and trends, remaining nimble, and adapting to stay ahead. Our team of analysts regularly review and analyze growth trends, business models, and management strategies, and we have 30 stocks in this portfolio. We break the theme into four categories of innovation: First to Market; New Product Specialists; Product and Process Perfectors; and Industry Disruptors. We enjoy throwing ourselves into this theme as we continue to learn about new technologies and discoveries. Below are the six companies recently added to our portfolio. All are rated BUY at Argus. To see the complete list of companies in the portfolio, please see the Theme Portfolios section of the Argus website. Note that these model strategies can be licensed for direct money management.

Vistra Energy is one of the largest power producers and retail energy providers in the US Following the 2024 Energy Harbor acquisition, Vistra owns 41 gigawatts of nuclear, coal, natural gas, and solar power generation along with one of the largest utility-scale battery projects in the world. Its retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018.

In this edition, Moats, Motors, and Markets 2023; Housing Spending Slowdown Tempers Wayfair's Progress to Profitability; and Tesla Faces Future; and Bank of Montreal, Taylor Wimpey, and LPL Financial