Barchart’s Top 100 Stocks to Buy featured unfamiliar names, with Hycroft Mining Holdings (HYMC) ranking number one due to its Hycroft gold and silver mine in Nevada. AMC Entertainment invested $27.9 million in HYMC, gaining a 22% stake. Par Pacific Holdings (PARR), a Houston-based oil and gas company, ranked 33rd with significant momentum and potential for growth.

Deutsche Bank’s chief U.S. stock strategist predicts a rise in the S&P 500 to 8,000 by the end of 2026, driven by strong earnings growth. The S&P 500 is up 15.8% YTD, with the potential for better market performance in 2026. Chadha believes multiples will continue expanding, benefiting stocks like PARR.

Par Pacific’s enterprise value of $3.63 billion is 0.49 times its revenue and 5.28 times its EBITDA. Analysts project a potential market cap of $5.12 billion by 2026, a 115% increase from its current share price. Despite past bankruptcy, Par Pacific has shown significant growth and financial stability.

Par Pacific operates refineries in Hawaii, Wyoming, Washington, and Montana, with a capacity of 219 Mbpd. Lower oil prices in Q3 2025 boosted the refining segment’s profits, indicating potential growth if oil prices remain low. Analysts suggest a Buy rating for PARR stock with a target price slightly above its current share price.

Investors can hedge their bets on Par Pacific by considering options like the June 18/2026 $45 call, offering a potential double in investment if shares appreciate by 25%. With the possibility of multiple expansion, there is room for significant growth in the stock.

Read more at Yahoo Finance: Par Pacific Holdings Looks Tempting, But Should You Bite?