Zacks Market Edge Highlights: MasTec, Caterpillar, Walmart, Eli Lilly and Howmet Aerospace

For Immediate ReleaseChicago, IL – February 23, 2026 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:  https://www.zacks.com/stock/news/2873125/the-new-magnificent-stocks-to-own-in-2026The New Magnificent Stocks to Own in 2026Welcome to Episode #475 of the Zacks Market Edge Podcast.(0:15) - Does Berkshire Hathaways Investing Strategy Still Work For Value Investors?(3:05) - Breaking Down Berkshire Hathaways Earnings Estimates and Performance (14:30) - Should You Just Buy What Berkshire Hathaway Is Buying?(20:40) - Episode Roundup: BRK.B, AMZN, BAC, UNP, HVT                Podcast@Zacks.comEvery week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life.The Magnificent 7 is over. We had the FANG stocks, then the FANGMAN stocks. But they both died. Some wanted to add Tesla into FANGMAN. To do that, FANGMAN morphed into the Magnificent 7.But with some of the Mag 7 stocks lagging, it seems to be the end of the line for that grouping.What will replace it?Bye-Bye Apple and MicrosoftFor the last few years, the mega-cap technology companies have dominated but what if that were to change?Tracey examines five stocks that are not big cap technology companies that could be the "new" magnificent stocks. Each of the five are hitting new 5-year highs. Each is also expected to grow earnings by the double digits in 2026.Are you ready to look beyond Apple and Microsoft for "new" winning stocks?5 New Magnificent Stocks to Own in 20261. MasTec, Inc. MTZMasTec is an engineering and infrastructure firm in the communications, energy, and utilities industries. This means it's an "AI infrastructure" play.Shares of MasTec are hitting new 5-year highs in 2026, up 225% over that time. It hasn't reported fourth quarter 2025 earnings yet but will do so on Feb 26, 2026. But earnings are expected to rise 61.8% in 2025 and another 28.6% in 2026.MasTec is trading with a forward price-to-earnings (P/E) ratio of 33.5. A P/E over 20 is considered high. That company is not normally a value.Should an infrastructure company like MasTec be on your short list?2. Caterpillar Inc. CATCaterpillar makes construction and mining equipment. With infrastructure and construction projects on the upswing, so is Caterpillar. Shares of Caterpillar are at new 5-year highs, up 262% during that time.Earnings of Caterpillar are expected to rise 18.9% in 2026. It isn't cheap either. Caterpillar has a forward P/E of 33.6.Is it too late for investors to buy Caterpillar or is there more gas left in the tank?3. Walmart Inc. WMTWalmart is one of the largest retailers in America. Since the start of the pandemic in 2020, Walmart has moved some of its business from brick and mortar to online.Shares of Walmart are at 5-year highs, up 164% during that time. It's not cheap. Even though earnings are expected to rise 11% in fiscal 2027, it has a forward P/E of 42.6. This is a higher P/E ratio than NVIDIA, which is at 25x.Is Walmart too hot to handle?4. Eli Lilly & Co. LLYEli Lilly is a large pharmaceutical manufacturer which is making, among other things, weight loss drugs. It is set to launch a new weight loss pill this year.Shares of Eli Lilly are up 404% over the last 5 years, easily beating the S&P 500. It's trading near its all-time high.Earnings are expected to jump 39.6% in 2026. Eli Lilly is trading with a forward P/E of 30. It's not a value stock, but it's not as expensive as Walmart.Should Eli Lilly be on your short list this year?5. Howmet Aerospace Inc. HWMHowmet Aerospace is in the aerospace and defense industry. Shares of Howmet Aerospace have been red-hot over the last 5 years. It's trading at new all-time highs, up 798% over the prior 5-years.Earnings are expected to be up 18.8% in 2026. Howmet Aerospace isn't cheap. It trades with a forward P/E of 56. A P/E over 50 is considered expensive.Should a defense company like Howmet be a new magnificent stock?What Else Should You Know About the "New" Magnificent Stocks?Tune into this week's podcast to find out.[In full disclosure, Tracey owns LLY in the Zacks Insider Trader portfolio.]Free: Instant Access to Zacks' Market-Crushing StrategiesSince 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 tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.Get all the details here >>Follow us on Twitter:  https://twitter.com/zacksresearchJoin us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch/Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.Media ContactZacks Investment Research800-767-3771 ext. 9339support@zacks.comhttps://www.zacks.com/performancePast 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/performance for information about the performance numbers displayed in this press release.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.See Our Newest 5 Stocks Set to Double Picks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Caterpillar Inc. (CAT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report Eli Lilly and Company (LLY): Free Stock Analysis Report MasTec, Inc. (MTZ): Free Stock Analysis Report Howmet Aerospace Inc. (HWM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks