RECAP · Reviewed 2026-05-27

Bull Rankings 2026-05-27 — Wednesday, May 27

In one line: Software - Infrastructure sets the tone in the May 27 cut: Kinross Gold (KGC, 98) tops growth, AngloGold Ashanti (AU, 101) leads value, BILL Holdings (BILL, 88) heads the speculative book. Top 5 per bucket, re-scored…

This refresh

Data-driven refresh May 27, 2026. Top 5 per bucket by live Bull Rankings score across a 5186-ticker universe covering every US-listed common stock on NYSE, NASDAQ, NYSE American, and NYSE Arca (2429 passed the market-cap / liquidity screen). Fundamentals sourced from Yahoo Finance quoteSummary + quarterly FCF reconstruction; narrative authored by Groq (with Gemini and data-driven fallbacks). Intraday re-ranking from a top-30 per-bucket shortlist.

Growth — high-quality compounders

1. KGC — Kinross Gold Corporation · score 98

Gold · price $28.80 · 1Y $41.23 · 5Y $46.39 · 10Y $68.19

FCF $3.0b B · Rev +36.9% A · D/E 0.08 A · P/E 12.3x B+ · PEG 1.12 B+

Why now. Gold · market cap $34.4b. Down 26% from 52-week high of $39.11 — deep drawdown territory. Revenue growing +37% — in hypergrowth territory. 11 sell-side analysts rate this a Buy with a mean 1-yr target of $41.23 (implying +43% upside).

Moat. Net margin 36% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 35% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 106% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.

Risk. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.

Horizon. 1-3 yr $41.23 (analyst consensus (n=11)) — fundamentals + valuation re-rating. 5 yr $46.39 at ~10% CAGR — compounding case rests on the competitive position widening. 10 yr $68.19 if current growth sustains into durable earnings power.


2. OGC — OceanaGold Corporation · score 96

Gold · price $29.73 · 1Y $34.20 · 5Y $47.89 · 10Y $70.39

FCF $702m C+ · Rev +46.3% A · D/E 0.02 A · P/E 9.1x A- · PEG n/a

Why now. Gold · market cap $6.7b. Down 31% from 52-week high of $43.33 — deep drawdown territory. Revenue growing +46% — in hypergrowth territory.

Moat. Net margin 34% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 35% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. Mining moat is reserve quality + extraction cost per unit — top-quartile cost producers generate cash through the commodity cycle while marginal producers burn it.

Risk. Down 31% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 1.53 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.

Horizon. 1-3 yr $34.20 (structural (no analyst coverage)) — fundamentals + valuation re-rating. 5 yr $47.89 at ~10% CAGR — compounding case rests on the competitive position widening. 10 yr $70.39 if current growth sustains into durable earnings power.


3. PICS — PicS N.V. · score 96

Software - Infrastructure · price $10.88 · 1Y $22.14 · 5Y $17.52 · 10Y $25.76

FCF $168m C · Rev +65.0% A · D/E 0.41 B+ · P/E 6.5x A · PEG n/a

Why now. Software - Infrastructure · market cap $1.4b. Down 45% from 52-week high of $19.95 — deep drawdown territory. Revenue growing +65% — in hypergrowth territory. 9 sell-side analysts publish a mean 1-yr target of $22.14 (implying +104% upside).

Moat. ROE 40% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.

Risk. Down 45% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.

Horizon. 1-3 yr $22.14 (analyst consensus (n=9)) — fundamentals + valuation re-rating. 5 yr $17.52 at ~10% CAGR — compounding case rests on the competitive position widening. 10 yr $25.76 if current growth sustains into durable earnings power.


4. DLO — DLocal Limited · score 95

Software - Infrastructure · price $11.56 · 1Y $17.65 · 5Y $18.62 · 10Y $27.37

FCF $374m C · Rev +46.6% A · D/E 0.20 A- · P/E 18.1x B · PEG n/a

Why now. Software - Infrastructure · market cap $3.4b. Down 31% from 52-week high of $16.78 — deep drawdown territory. Revenue growing +47% — in hypergrowth territory. 10 sell-side analysts rate this a Buy with a mean 1-yr target of $17.65 (implying +53% upside).

Moat. Net margin 16% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 35% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 195% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.

Risk. Down 31% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.

Horizon. 1-3 yr $17.65 (analyst consensus (n=10)) — fundamentals + valuation re-rating. 5 yr $18.62 at ~10% CAGR — compounding case rests on the competitive position widening. 10 yr $27.37 if current growth sustains into durable earnings power.


5. EXE — Expand Energy Corporation · score 94

Oil & Gas E&P · price $93.48 · 1Y $130.16 · 5Y $150.55 · 10Y $221.30

FCF $2.8b B · Rev +188.8% A · D/E 0.26 A- · P/E 7.0x A · PEG 21.99 D

Why now. Oil & Gas E&P · market cap $22.4b. Down 26% from 52-week high of $126.62 — deep drawdown territory. Revenue growing +189% — in hypergrowth territory. 25 sell-side analysts rate this a Buy with a mean 1-yr target of $130.16 (implying +39% upside).

Moat. Net margin 25% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 18% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately.

Risk. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.

Horizon. 1-3 yr $130.16 (analyst consensus (n=25)) — fundamentals + valuation re-rating. 5 yr $150.55 at ~10% CAGR — compounding case rests on the competitive position widening. 10 yr $221.30 if current growth sustains into durable earnings power.

Value — quality at a discount

1. AU — AngloGold Ashanti plc · score 101

Gold · price $95.59 · 1Y $123.29 · 5Y $127.93 · 10Y $163.29

FCF $4.2b B · Rev +70.8% A · D/E 0.22 A- · P/E 14.0x B+ · PEG 0.78 A-

Why now. Gold · market cap $48.3b. Down 26% from 52-week high of $129.14 — deep drawdown territory. Revenue growing +71% — in hypergrowth territory. PEG 0.78 — paying under fair value for the growth rate. 7 sell-side analysts rate this a Buy with a mean 1-yr target of $123.29 (implying +29% upside).

Moat. Net margin 31% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 43% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 121% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.

Risk. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.

Horizon. 1-3 yr $123.29 (analyst consensus (n=7)) — multiple re-rating thesis requires a catalyst. 5 yr $127.93 at ~6% CAGR — dividend + buyback compounding. 10 yr $163.29 if the moat survives secular pressure.


2. PDD — PDD Holdings Inc. · score 101

Internet Retail · price $85.72 · 1Y $143.27 · 5Y $114.71 · 10Y $146.42

FCF $15.6b A- · Rev +9.7% B · D/E 0.01 A · P/E 8.8x A- · PEG 0.69 A-

Why now. Internet Retail · market cap $122.0b. Down 39% from 52-week high of $139.41 — deep drawdown territory. PEG 0.69 — paying under fair value for the growth rate. 33 sell-side analysts rate this a Buy with a mean 1-yr target of $143.27 (implying +67% upside).

Moat. Net margin 23% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 27% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 108% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.

Risk. Down 39% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. E-commerce competition — Amazon, Walmart, Shein, and Temu have each forced the rest of the category to compete on price, fulfillment speed, or assortment; sustaining margins requires one of those being structurally defended.

Horizon. 1-3 yr $143.27 (analyst consensus (n=33)) — multiple re-rating thesis requires a catalyst. 5 yr $114.71 at ~6% CAGR — dividend + buyback compounding. 10 yr $146.42 if the moat survives secular pressure.


3. ADBE — Adobe Inc. · score 98

Software - Application · price $238.99 · 1Y $327.28 · 5Y $319.82 · 10Y $408.23

FCF $10.3b A- · Rev +10.5% B · D/E 0.58 B+ · P/E 13.9x B+ · PEG 0.68 A-

Why now. Software - Application · market cap $96.6b. Down 43% from 52-week high of $421.48 — deep drawdown territory. Revenue growing +11%, comfortably above the S&P median. PEG 0.68 — paying under fair value for the growth rate. 34 sell-side analysts rate this a Hold with a mean 1-yr target of $327.28 (implying +37% upside).

Moat. Net margin 29% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 59% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 143% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.

Risk. Down 43% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 1.42 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.

Horizon. 1-3 yr $327.28 (analyst consensus (n=34)) — multiple re-rating thesis requires a catalyst. 5 yr $319.82 at ~6% CAGR — dividend + buyback compounding. 10 yr $408.23 if the moat survives secular pressure.


4. INCY — Incyte Corporation · score 98

Biotechnology · price $97.44 · 1Y $107.96 · 5Y $130.40 · 10Y $166.44

FCF $1.4b C+ · Rev +21.2% A- · D/E 0.01 A · P/E 13.8x B+ · PEG 0.36 A

Why now. Biotechnology · market cap $19.5b. 13% off the 52-week high of $112.29. Revenue growing +21%, comfortably above the S&P median. PEG 0.36 — paying under fair value for the growth rate. 24 sell-side analysts rate this a Buy with a mean 1-yr target of $107.96 (implying +11% upside).

Moat. Net margin 27% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 31% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 99% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.

Risk. Reimbursement risk — even an approved drug can fail commercially if payors don't reimburse; pricing pressure from Medicare and large PBMs has been accelerating since 2024.

Horizon. 1-3 yr $107.96 (analyst consensus (n=24)) — multiple re-rating thesis requires a catalyst. 5 yr $130.40 at ~6% CAGR — dividend + buyback compounding. 10 yr $166.44 if the moat survives secular pressure.


5. BZ — KANZHUN LIMITED · score 97

Internet Content & Information · price $13.39 · 1Y $21.24 · 5Y $17.93 · 10Y $22.88

FCF $681m C+ · Rev +12.4% B+ · D/E 0.01 A · P/E 12.6x B+ · PEG 0.17 A

Why now. Internet Content & Information · market cap $6.1b. Down 47% from 52-week high of $25.26 — deep drawdown territory. Revenue growing +12%, comfortably above the S&P median. PEG 0.17 — paying under fair value for the growth rate. 21 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $21.24 (implying +59% upside).

Moat. Net margin 40% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 18% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 137% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.

Risk. Down 47% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.

Horizon. 1-3 yr $21.24 (analyst consensus (n=21)) — multiple re-rating thesis requires a catalyst. 5 yr $17.93 at ~6% CAGR — dividend + buyback compounding. 10 yr $22.88 if the moat survives secular pressure.

Speculative — asymmetric upside

1. BILL — BILL Holdings, Inc. · score 88

Software - Application · price $35.08 · 1Y $55.10 · 5Y $70.56 · 10Y $183.60

FCF $327m C · Rev +13.4% B+ · D/E 0.50 B+ · P/S 2.2x A- · PEG 0.36 A

Why now. Software - Application · market cap $3.5b. Down 39% from 52-week high of $57.21 — deep drawdown territory. Revenue growing +13%, comfortably above the S&P median. PEG 0.36 — paying under fair value for the growth rate. 21 sell-side analysts rate this a Buy with a mean 1-yr target of $55.10 (implying +57% upside).

Moat. FCF converts 200372% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.

Risk. Down 39% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Net margin 0.0% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first. ROE 0% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.

Horizon. 1-3 yr $55.10 (analyst consensus (n=21)) — catalyst-driven; binary events dominate. 5 yr $70.56 — requires the platform / technology to reach commercial scale. 10 yr $183.60 — return distribution heavily skewed.


2. WIX — Wix.com Ltd. · score 86

Software - Infrastructure · price $54.83 · 1Y $86.75 · 5Y $110.27 · 10Y $286.95

FCF $505m C+ · Rev +13.2% B+ · D/E n/a · P/S 1.1x A- · PEG 0.13 A

Why now. Software - Infrastructure · market cap $2.3b. Down 71% from 52-week high of $190.93 — deep drawdown territory. Revenue growing +13%, comfortably above the S&P median. PEG 0.13 — paying under fair value for the growth rate. 20 sell-side analysts rate this a Buy with a mean 1-yr target of $86.75 (implying +58% upside).

Moat. Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.

Risk. Currently unprofitable (margin -2.0%) — path to GAAP profitability is the core thesis risk. Down 71% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.

Horizon. 1-3 yr $86.75 (analyst consensus (n=20)) — catalyst-driven; binary events dominate. 5 yr $110.27 — requires the platform / technology to reach commercial scale. 10 yr $286.95 — return distribution heavily skewed.


3. INTA — Intapp, Inc. · score 85

Software - Application · price $19.13 · 1Y $34.57 · 5Y $38.48 · 10Y $100.12

FCF $128m C · Rev +17.1% B+ · D/E 0.06 A · P/S 2.6x A- · PEG 0.38 A

Why now. Software - Application · market cap $1.5b. Down 67% from 52-week high of $58.79 — deep drawdown territory. Revenue growing +17%, comfortably above the S&P median. PEG 0.38 — paying under fair value for the growth rate. 7 sell-side analysts publish a mean 1-yr target of $34.57 (implying +81% upside).

Moat. Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.

Risk. Currently unprofitable (margin -6.5%) — path to GAAP profitability is the core thesis risk. Down 67% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. ROE -9% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.

Horizon. 1-3 yr $34.57 (analyst consensus (n=7)) — catalyst-driven; binary events dominate. 5 yr $38.48 — requires the platform / technology to reach commercial scale. 10 yr $100.12 — return distribution heavily skewed.


4. SVM — Silvercorp Metals Inc. · score 84

Silver · price $12.00 · 1Y $16.20 · 5Y $24.14 · 10Y $62.81

FCF $159m C · Rev +46.6% A · D/E 0.11 A- · P/S 6.0x B- · PEG n/a

Why now. Silver · market cap $2.7b. Down 24% from 52-week high of $15.77 — deep drawdown territory. Revenue growing +47% — in hypergrowth territory.

Moat. Speculative bucket — the moat thesis is forward-looking; without proven margin structure or capital efficiency yet, the durability argument is about IP / network effects / first-mover position that the company hasn't fully monetized.

Risk. Currently unprofitable (margin -2.3%) — path to GAAP profitability is the core thesis risk. ROE 3% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. Commodity exposure — earnings power tracks the price of the underlying commodity, not management execution. A 15-20% move in the commodity reprices the equity well before fundamentals catch up.

Horizon. 1-3 yr $16.20 (structural (no analyst coverage)) — catalyst-driven; binary events dominate. 5 yr $24.14 — requires the platform / technology to reach commercial scale. 10 yr $62.81 — return distribution heavily skewed.


5. TWLO — Twilio Inc. · score 83

Software - Infrastructure · price $182.60 · 1Y $195.09 · 5Y $367.28 · 10Y $955.72

FCF $899m C+ · Rev +13.7% B+ · D/E 0.14 A- · P/S 5.2x B · PEG 0.35 A

Why now. Software - Infrastructure · market cap $27.7b. 10% off the 52-week high of $203.71. Revenue growing +14%, comfortably above the S&P median. PEG 0.35 — paying under fair value for the growth rate. 28 sell-side analysts rate this a Buy with a mean 1-yr target of $195.09 (implying +7% upside).

Moat. FCF converts 865% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.

Risk. Net margin 2.0% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first. ROE 1% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. SaaS displacement — recurring revenue is sticky in good times but accelerates in churn during a downturn as customers consolidate vendors and renegotiate seat counts.

Horizon. 1-3 yr $195.09 (analyst consensus (n=28)) — catalyst-driven; binary events dominate. 5 yr $367.28 — requires the platform / technology to reach commercial scale. 10 yr $955.72 — return distribution heavily skewed.

Methodology footnote

Every pick on this list comes out of the same seven-grade quantitative model applied to every US-listed common stock with a market cap above $1B. Each pick's score breakdown is auditable from the home page — click the ticker on the rankings page to see exactly which grades and adjustments produced the number. Not investment advice. See terms for full disclosures.

Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.