Today is Friday, August 7th 2026 and you wanted a rebound in momentum, you got a rebound in momentum this week.

What Worked in Value:

Defense contractors worked well this week despite the excitement in momentum stocks. Frank Value Fund portfolio holdings Science Applications International ticker SAIC and Leidos Holdings, ticker LDOS, increased 6.9% 17.0%, respectively this week on solid earnings reports.

What didn't work?

Higher on the frustration scale were earnings reactions in Independent Power Producers or IPPs, Vistra ticker VST and Talen Energy ticker TLN. Due to hedging programs and a mild winter, these companies have noisy earnings per share numbers, but usually investors look past that and at the bright future for electricity demand.

Next up is On the Hunting Trail for Value

The  ...