Hot or Not, Stock Market Edition: 06/11/2026

While most investors are stalking semis, we’ve unearthed 2 legacy names that deserve a second look — and two formerly hot names to avoid at all costs. 

• Hot: Apparel retailer Ross Stores (ROST) is positioned for another excellent decade; logistics giant FedEx (FDX) is riding strong tailwinds
• Not: AI voice tech player SoundHound AI (SOUN) is floundering; crypto exchange Coinbase Global (COIN) is caught in a crypto winter

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🔥 HOT: Off-price retail giant Ross Stores (ROST) continues to prove why it's one of the most dependable winners in retail. With prices for just about everything going insane right now, the demand for clothing and home goods and steep discounts is in high demand, as proven by the company’s latest earnings. Ross delivered a blowout quarter, posting double-digit sales growth, a sizable earnings beat, and a guidance raise that signals management sees continued strength ahead. Our Zen Ratings concur with management’s take, giving ROST an overall A rating, which amounts to a Strong Buy recommendation. Its Component Grades are also strong, with an A for our AI factor, which sifts through mountains of data to locate the highest-potential stocks, and strong supporting grades for Growth, Momentum, Sentiment, and AI.

The verdict? Ross combines a recession-resistant business model, elite profitability, and proven long-term execution, making it one of the highest-quality names in retail today.

🥶 NOT: AI voice tech player SoundHound AI (SOUN) is finding out just how unforgiving the AI trade can be when hype starts colliding with reality. As more and more AI companies emerge, investors are becoming more discerning about the actual numbers and data. While SoundHound has built impressive technology and landed notable partnerships, the company remains a highly speculative, unprofitable business operating in an increasingly crowded AI landscape. As a result, the market is beginning to question whether the company's growth can ultimately translate into sustainable profits — and this lack of confidence is reflected in the stock’s steady 30% drop in the past year. Our Zen Ratings remain bearish: The stock earns a rock-bottom F (Strong Sell) rating, ranking last in its industry and weighed down by weak Value, Financials, Momentum, Sentiment, and AI scores.

The verdict? SoundHound may have an interesting product, but right now it looks more like a speculative AI story than a fundamentally sound business.

🔥 HOT: Logistics giant FedEx (FDX) has quietly gained nearly 50% in the past year, and investors are starting to take notice, as the move may not be over. The biggest catalyst right now is the company's planned FedEx Freight spin-off, which could unlock significant shareholder value by separating one of the highest-quality businesses in the transportation sector. The company is also delivering real operational improvements. In its most recent quarter, FedEx beat Wall Street earnings expectations, driven by cost reductions and ongoing gains from its Network 2.0 efficiency program. Management raised confidence further by continuing aggressive cost-cutting efforts while returning cash to shareholders through dividends and buybacks. In the Zen Ratings, FDX holds a coveted A rating, which amounts to a Strong Buy recommendation, with strong marks for Momentum, Safety, Sentiment, Value, and AI.

The bottom line? Between the earnings beat, Freight spin-off catalyst, and ongoing margin expansion, FedEx looks positioned for further upside.

🥶 NOT: Is Coinbase Global (COIN) feeling the chill of crypto winter? The stock is down nearly 30% in the past month, and the latest earnings report exposed some cracks in the story. While Coinbase remained profitable, transaction revenue fell sequentially and management warned that trading activity weakened meaningfully as the quarter progressed, reflecting softer crypto market conditions. That's a problem because trading still drives a large share of Coinbase's profits despite ongoing efforts to diversify into subscriptions, services, and stablecoin revenue. Investors are also grappling with rising competition from spot Bitcoin ETFs, decentralized exchanges, and rival crypto platforms—all of which threaten to chip away at trading volume over time. According to WallStreetZen, COIN carries an F-rated Zen Rating (Strong Sell), weighted by weak Growth, Sentiment, Momentum, and Safety scores.

The bottom line? Coinbase remains one of the best-known names in crypto, but right now the stock is still largely a leveraged bet on crypto market enthusiasm. Until trading activity and investor sentiment improve, there are stronger opportunities elsewhere.

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