Hot or Not, Stock Market Edition: 03/03/2026

Happy Tuesday. Here’s what’s hot and what’s not in the market RN: 

• Hot: Telecom player Millicom International Cellular (TIGO) looks poised to outperform; electronics solutions provider Calix (CALX) is gaining momentum
• Not: Beverage maker National Beverage (FIZZ) is losing steam; household products giant Clorox (CLX) is hitting a rough patch

P.S. For more stocks making moves, check out our Zen Ratings Upgrades & Downgrades screener.

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🔥 HOT:  Electronics solutions provider Calix (CALX) may be down in the short term (around 7% in the past month), but could be poised to soar. In the past month or so, it’s received several price target increases and Buy or Strong Buy ratings following its recent earnings beat — the current high among analysts we track suggests over 70% potential upside. (See the ratings + forecasts here.) The stock holds a Zen Rating of B (Buy) that reflects confidence in its trajectory; its Component Grades show similar strength in specific areas: an A for Growth, and a B for Financials. The bottom line? CALX is riding a wave of momentum in a sector that's critical to digital infrastructure, making it an attractive play for investors seeking exposure to broadband expansion.

🥶 NOT:  Household products giant Clorox (CLX) is hitting a rough patch. Here’s what’s up: 1) The company is facing softer sales and a more challenging demand backdrop, despite recently declaring its regular quarterly dividend of $1.24 per share. Recent analyst commentary has been cautious, with at least one downgrade noting that "recovery hopes are fading." 2) While CLX is pursuing growth through acquisition — including the recent purchase of GOJO Industries — questions linger about whether M&A can offset organic growth challenges and valuation concerns. 3) The stock was recently downgraded to a Zen Rating of C (Hold), placing it in the middle of the pack. Looking at the Component Grades, it struggles with a D Grade for Momentum and C Grades for Growth, Sentiment, Value, and AI, though it does show strength with a B Grade for Financials and Safety. The bottom line? CLX lands in Hold territory. While the dividend remains intact and the balance sheet is solid, the company needs to demonstrate that its acquisition strategy can drive meaningful growth before becoming a compelling buy. For now, it's a wait-and-see situation.

🔥 HOT: Our Zen Investor Editor-in-Chief, Steve Reitmeister, just called telecom player Millicom International Cellular (TIGO) one of the “10 stocks I’d bet my house on.” (See the full list here.) Why is it so hot right now? 1) The stock surged following its Q4 earnings beat — reporting EPS of $1.50 versus analyst expectations of $0.88 (a 70% beat) and revenue of $1.652B versus estimates of $1.566B. 2) The momentum is undeniable — shares are up over 20% in the past month, and boast strong technical indicators pointing to continued strength. 3) The stock holds a Zen Rating of A (Strong Buy) and actually ranks in the top 1% of the 4600+ stocks we track, meaning it’s an exceptional pick among the sea of stocks out there. Looking at its Component Grades for specific areas of strength, it has above-average B Grades in almost every key area: Financials, Growth, Momentum, Safety, Sentiment, and Value. The verdict? Buy. With blowout earnings, solid momentum across the board, and a near-perfect Zen Rating, TIGO appears positioned for further gains as the market digests its impressive quarter.

🥶 NOT: Despite having cult-favorite brands like LaCroix, National Beverage (FIZZ) appears to be struggling to maintain the growth momentum it once enjoyed. The core story? slower growth + tougher competition = cooling investor enthusiasm. First, growth has stalled; LaCroix isn’t delivering meaningful revenue or volume acceleration, and without real top-line momentum, investors won’t pay up for the stock, which is down 8% in the past year. Second, competitive pressure is rising. Big beverage brands and private labels are squeezing market share and pricing power, making future profit expansion look less certain. The Zen Rating aligns with its snooze-fest of a story: it was recently downgraded to a C or Hold rating, with an alarming Component Grade of F for Growth and Cs for key areas like Value, Sentiment, and Momentum. The verdict? Until FIZZ demonstrates it can reverse current trends and return to consistent growth, there are likely better opportunities elsewhere in the consumer staples space.

What to Do Next?

• 77 Best Stocks NOW! >
• See All “A” Rated Stocks with +32.52% Average Annual Return >
• 2 New Stocks to Buy from Steve Reitmeister >

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