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Manhattan Associates' Warehouse Management System Boosts Giant Eagle's Logistics
Manhattan Associates Inc. (NASDAQ:MANH) is one of the best NASDAQ growth stocks to buy for the next 3 years. On June 17, Manhattan Associates announced that Giant Eagle successfully implemented Manhattan Active Warehouse Management/WM at its largest facility. This facility is located in Bedford Heights, Ohio, and spans over 1 million square feet. This implementation in Bedford Heights marks the 5th facility in Giant Eagle's ongoing cloud migration to Manhattan Active WM. The company plans to transition its remaining 2 distribution centers to the new system by September this year. Each implementation has been completed efficiently, with Giant Eagle reportedly returning to full production levels within days of launching the updated system. A woman and man in formal attire in a meeting room discussing the latest enterprise solutions technology from the company. In its first week of operation, the Bedford Heights warehouse exceeded expectations by processing hundreds of thousands of inbound and outbound cases. Manhattan Active Warehouse Management is a cloud-native WMS built from microservices to unify all aspects of distribution planning and execution. This system seamlessly coordinates with Manhattan Active Transportation Management/TM, which Giant Eagle is currently implementing. Manhattan Associates Inc. (NASDAQ:MANH) develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omnichannel operations. Giant Eagle Inc. is one of the nation's largest food retailers and distributors. While we acknowledge the potential of MANH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Consider 2 investment trusts and funds to target £160k from a £20k lump sum!
I believe these high-growth investment trusts and exchange-traded funds (ETFs) could be excellent wealth creators over the next decade. Here's why they're worth further research today. The technology sector is packed with investment potential. US chip-making giant Nvidia's rise to become the most expensive company in history (market cap: $3.92trn) on Thursday (3 July) underlines this point. But while megatrends like artificial intelligence (AI), robotics and cloud computing are tipped for stratospheric growth, knowing which companies to buy to capitalise on them can be difficult. BlackBerry and Yahoo! are just a couple of former giants that failed to keep up with technological shifts. Investment trusts like Polar Capital Technology Trust (LSE:PCT) help reduce this problem for us. This particular operation is invested in 98 different tech shares. These range from semiconductor manufacturers to software developers (like Microsoft), smartphone makers (such as Apple) and online retailers (like Amazon). It's critical to remember that many of the tech stocks it owns (such as Nvidia) command high valuations. As a result, the fund could fall sharply if market sentiment towards the sector begins to sour. But I think the long-term benefits of ownership outweigh this possibility. Since 2015, the trust has delivered an average annual return of 19.9%. One final thing: total the trust trades at a 9.2% discount to its net asset value (NAV) per share. European defence shares have (largely) performed extremely strongly since Russia's invasion of Ukraine just over three years ago. With rising defence spending since then, it seems as if the sector has further room to grow. The VanEck Defence UCITS ETF (LSE:DFNS) could be a a great fund to consider in this landscape. While there are uncertainties over future US defence spending, expenditure in Europe is expected to soar to pick up the slack and respond to perceptions of a rising global threats. Defence-related expenditure has risen by three-quarters since early 2022, according to analysts at Allianz. And they think spending will have to rise significantly if NATO members are to meet a target to spend 3.5% on core defence (such as weapons and manpower) by 2035. It projects, for instance, that Germany will have to spend an extra $64bn per year, Italy $47bn, France $45bn and the UK $41bn, relative to last year's levels. This bodes well for the 29 defence contractors that this VanEck ETF owns. These include US industry giants like Palantir and RTX, alongside Europe-based companies like Thales and Leonardo. As the fund was only launched in March 2023, it's not possible to compare any sort of long-term returns as I can with Polar Capital. But since 2023, it's provided an average annual return of 22% with the total return in that period being 57.3%. Past performance isn't a reliable guide to the future. But I'm optimistic it can continue delivering strong returns in the developing geopolitical landscape. That's despite ongoing challenges in defence, like supply chain disruptions and rising costs. If VanEck's fund can replicate recent returns, and Polar Capital can maintain its performance since 2015, a £10,000 lump sum invested equally across them could turn into £160,384 within 10 years. Things could go wrong too and investors could lose money. But I still think both are worth consideration now. The post Consider 2 investment trusts and funds to target £160k from a £20k lump sum! appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Amazon, Apple, Microsoft, and Nvidia. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Rocket Lab (NasdaqCM:RKLB) Soars 99% In Last Quarter
Rocket Lab has experienced a significant 99% increase in its share price over the last quarter. The recent addition to multiple Russell indexes, including the Russell 1000 and Midcap Growth benchmarks, highlights the company's rising prominence. This profile elevation coincides with Rocket Lab's successful launch activities, including its 67th and 68th Electron rockets, and a new contract with the European Space Agency. While the S&P 500 and Nasdaq are at all-time highs, Rocket Lab's performance could be seen as aligning with this momentum, enhanced by strong operational and contractual developments in the space sector. You should learn about the 2 risks we've spotted with Rocket Lab. Outshine the giants: these 22 early-stage AI stocks could fund your retirement. The recent developments, including Rocket Lab's successful rocket launches and addition to the Russell indexes, could positively influence its narrative by bolstering investor confidence and enhancing visibility within the space sector. These achievements align with the company's goal to expand its market presence, potentially supporting revenue and earnings forecasts as they show operational strength and capability. Over a longer three-year period, the company's shares have delivered a very large total return of 803.29%, showcasing strong performance beyond the recent quarterly gains. This return surpasses the broader one-year return of 38.5% for the US Aerospace & Defense industry, highlighting Rocket Lab's ability to outpace its sector peers in the past year. The news of successful launches and new contracts might impact revenue and earnings positively, as they reflect Rocket Lab's capacity to secure and execute significant contracts, crucial for its revenue trajectory. The increased Electron launch cadence and the potential Neutron development could further drive long-term growth, leveraging the demand for medium-class launches and large satellite constellations. Rocket Lab's current share price of US$22.4 remains below the consensus analyst price target of US$24.6, indicating a 9% potential upside. This suggests that while the recent achievements have bolstered the company's profile, its valuation still offers room for growth relative to analyst expectations. Investors may view this gap as an opportunity, provided the company continues to meet its operational and financial targets. Learn about Rocket Lab's future growth trajectory here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqCM:RKLB. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
