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5 Top Stock Trades for Thursday: AMD, JPM, BABA, TWLO, DOCN

InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMD, JPMorgan, Alibaba, Twilio and Digital Ocean were our top stock trades for Thursday. Let's look at how the charts are setting up now. The post 5 Top Stock Trades for Thursday: AMD, JPM, BABA, TWLO, DOCN appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Analyst Who Found Microsoft at $0.38 Names #1 Pick for the AI Boom America’s #1 EV Stock Still Flying Under the Radar.....»»

Category: topSource: investorplaceOct 13th, 2021

"Nancy ETP": WallStreetBets founder Jaime Rogozinski on the Pelosi stock controversy and his next project for retail investors

WallStreetBets founder Jaime Rogozinski talks to Insider about his blockchain-based trading platform WSB DApp. WallStreetBets founder Jaime Rogozinski. Jaime Rogozinski. WallStreetBets founder Jaime Rogozinski talks to Insider about his blockchain-based trading platform WSB DApp. "This is very much a way for me to say crypto and Wall Street are definitely going to merge," says Rogozinski. He suggested the platform create a "Nancy ETP" to capture the attention on stock trading by House Speaker Nancy Pelosi's husband. Jaime Rogozinski, the founder of WallStreetBets, believes there's potential for a new investment product tracking the stock bets made by US House Speaker Nancy Pelosi's husband, whose trading has sparked outrage and fascination in equal measures among amateur traders.In an interview, he suggested a Pelosi-themed exchange-traded portfolio could emerge on the latest iteration of his campaign to empower retail investors - a platform called WallStreetBets DApp."I got this idea, somewhat of a joke, but I can't shake it so I'm probably going to start pushing for it, which is this 'Nancy ETP,'" Rogozinski told Insider.But his vision for WallStreetBets DApp, a blockchain-based shop for stocks and other assets, extends far beyond one potentially trendy ETP. A strategic partner in the project, Rogozinski wants ordinary investors to build their wealth with the same kind of community-powered energy that the WallStreetBets forum on Reddit used to upend the trading world this year. WallStreetBets was thrust into the spotlight in January after retail investors active on the site banded together to drive a massive upsurge in video-game retailer GameStop's stock price, squeezing hedge funds shorting the so-called meme stock. The WSB DApp is an expression of what Rogozinski sees as the next big thing in the financial world. "This is very much a way for me to say crypto and Wall Street are definitely going to merge and they're starting to spill into each other already," he told Insider during a video interview from Mexico City, where he lives with his family."For far too long, I made the mistake of assuming blockchain technology and cryptocurrencies were one in the same thing - and they're not," Rogozinski said. "This whole DeFi (decentralized finance) infrastructure that's able to create a parallel ecosystem in finances is astoundingly powerful, more than I could have imagined." 'Nancy ETP'Rogozinski's idea for an automated "Nancy ETP" would highlight a key feature on WSB DApp. The platform allows community members to propose the creation and makeup of ETPs, which can hold a mix of assets such as domestic and international equities, cryptocurrencies, and metals.The WSB DApp platform has a native token, the $WSB governance token, that people can buy and then use to vote on the type of assets and weightings that should go into an ETP. In an example given in May, token holders who think Tesla should make up 90% of a particular ETP instead of 10% can vote on it by signing a transaction using their $WSB tokens during voting cycles.At the same time, a Pelosi-centered ETP would apply the "if you can't beat them, join them" notion to investing while also drawing attention to outrage and debate over stock trading by members of Congress and their families, Rogozinski said. In the case of Paul Pelosi, one trade in particular stood out. It involved shares of Google parent Alphabet that made $5.3 million for him prior to a House Judiciary Committee vote on tech antitrust regulation. Spokespeople for Speaker Pelosi told media outlets she owns no stock herself and had no knowledge of her husband's equity purchases. Meanwhile, as the uproar continues, "people are able to make money," with a product like the "Nancy ETP", said Rogozinski. "Nothing's sure but past performance is definitely impressive," he said broadly of Paul Pelosi's stock picks.The strong performance of his stock picks over the last two years has prompted many retail investors to mirror Paul Pelosi's investments. Meanwhile, memes about Nancy Pelosi have popped up, suggesting she's a skilled investor that can make money off of insider information.Life after moderating WallStreetBetsThe Pelosi controversy has the right mix of ingredients to thrive in discussions on the WallStreetBets forum, which Rogozinski created in 2012 in a quest to find a place for ideas about aggressive, money-making trades. But in April of 2020, he was removed as a moderator on WallStreetBets after being accused by other moderators of trying to profit from the subreddit.He sold the rights to his life story to RatPac Entertainment in exchange for a payment in the low six figures, according to a Wall Street Journal report in May. More about the dispute will be revealed through projects the entertainment company plans to produce, which could include movies, podcasts, TV shows, and other vehicles, he said. "The documentary is well underway and will be out next year," Rogozinski said. And while he's no longer a WallStreetBets moderator, his WSB DApp platform looks to continue its mission of democratizing markets. Using the $WSB token, retail investors will rebalance ETPs, not by "opaque and politically connected" banks and hedge funds, WallStreetBets said in May.Read the original article on Business Insider.....»»

Category: personnelSource: nyt20 hr. 55 min. ago

Another Rally Lifts Stocks More Than 1.5% for the Week

Another Rally Lifts Stocks More Than 1.5% for the Week A robust start to earnings season combined with a reassuring series of economic data sparked three straight days of gains for the market, leaving each of the major indices with weekly advances of more than 1.5%.    Investors are breathing a sigh of relief that soaring inflation and the global supply chain issues don’t seem to be curtailing the economic recovery as much as feared. As a result, the NASDAQ climbed 2.2% over these five days, while the S&P rose 1.8% and the Dow advanced 1.6%. That makes two consecutive weeks in the green to begin October. The big banks have been killing it to kick off earnings season, which continued today with an epic report from Goldman Sachs (GS) that included a positive surprise of more than 52%. The stock was up 3.8% today. This performance continues similarly strong results over the past few days from the likes of JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C) and Morgan Stanley (MS). “With respect to bank earnings, not only have the reported numbers turned out to be stronger than expected, but managements have provided reassuring comments about trends in core banking activities that have been muted in recent quarters,” said Director of Research Sheraz Mian in his new article titled “Into the Heart of Q3 Earnings Season”. Meanwhile, economic data has also helped the market’s mood, including today’s retail sales number. The print came to an increase of 0.7% for September when expectations were for a 0.2% loss. We already received a CPI report that was only slightly hotter than expected and a PPI report that was actually a little bit better than forecasted. These inflation indicators and the retail sales suggest that consumers are weathering rising prices for now. And the jobless claims number yesterday marked a new pandemic-era low, as the 293K result was the first print below 300K since our Covid problems began. All this momentum led to the Dow gaining 1.09% (or about 382 points) on Friday to 35,294.76, while the S&P improved 0.75% to 4471.37. The NASDAQ advanced 0.50% (or nearly 74 points) to 14,897.34. The results followed a rally of more than 1.5% for each of the indices on Thursday. But let’s not get ahead of ourselves. Earnings season is just beginning, and those inflation and supply chain issues are still a problem. As Sheraz says in his article, we’ll learn more as the reports broaden next week: “(Next) week’s lineup of results will give us fresh insights on the most important issue weighing on the earnings picture at present, namely inflationary trends and developments on the logistics/supply-chain front. The banks aren’t as directly exposed to these issues as P&G (PG) and Tesla (TSLA) are.” We’ll be getting nearly 400 reports next week… and then the season will really heat up! So rest up over the weekend because we’ve got a lot more earnings yet to come… Today's Portfolio Highlights: Blockchain Innovators: One of the biggest crazes in blockchain technology right now is non-fungible tokens (or NFTs), which is a unit of data stored on a digital ledger. A major proponent of this technology is Funko (FNKO), the pop culture consumer products company that sells toys and collectibles. In fact, FNKO has a majority stake in a mobile app for tracking NFTs called TokenWave. So you can see why Dave is interested in this name. It also helps that FNKO is a Zacks Rank #1 (Strong Buy) that’s expected to grow EPS by 216% this year with revenue growth of 42%. The editor added FNKO on Friday, while also “giving up” on eGain (EGAN) after dropping to a Zacks Rank #4 (Sell). Learn all about today’s action in the full write-up. By the way, this service had a couple top performers today with Coinbase Global (COIN, +7.9%) and A10 Networks (ATEN, +4.9%). Technology Innovators: It’s been pretty hot in the market over the past few days, which is giving Brian a chance to load up the portfolio. On Friday, he added I3 Verticals (IIIV), an Internet software name that offers electronic payment services to several industries. This Zacks Rank #2 (Buy) eclipsed the Zacks Consensus Estimate twice and matched once in the past four quarters. Most importantly though, IIIV has an attractive valuation for a name with 96% topline growth in the most recent quarter and expectations of 46% growth this year. The editor expects the stock to return to recent highs shortly. This addition makes 13 names in the portfolio. Don’t be surprised if Brian gets the service up to a full complement of 15 names next week. Read the full write-up for a lot more on IIIV. Surprise Trader: The final addition to this portfolio in the first week of earnings season is Olin (OLN), a chemicals company that reports after the bell on Thursday, October 21. Dave thinks it’s set for a third consecutive beat given its Earnings ESP of 7.45%. He added OLN on Friday with a 12.5% allocation and decided not to remove anything. Read the complete commentary for more. TAZR Trader: If there’s one thing this pandemic taught us, it’s that companies need a robust e-commerce presence. Pinterest (PINS) certainly sees the importance, which is why this unique social media platform is transitioning into a full-fledged e-commerce site that attracts corporate advertising. And PINS is in the early stages of this move, which leaves tons of potential for investors. That’s why Kevin started a position in this stock on Friday. EPS grew by an impressive 160% this year, and it’s forecasted to advance another 33% next year. It’s also a great value in the usually expensive software/social space. Make sure to read the editor’s complete analysis of PINS in the full commentary, which includes a look at his Bull of the Day article from August and a useful news story from earlier this month. Black Box Trader: Let's not forget that Alcoa (AA) used to be considered the unofficial start of earnings season. So while all the big banks now capture most of the early attention, it's nice to see good old AA put together a quarterly performance like it did yesterday. The aluminum giant reported earnings that beat the Zacks Consensus Estimate by nearly 11%, while revenues advanced 10% on higher prices for aluminum and alumina. The company also announced a quarterly dividend and a new share repurchase plan. Shares of AA soared over 15% on Friday, which gave this portfolio the best performer among all ZU names. By the way, Century Aluminum Company (CENX) also made the list with a rise of nearly 7.1% in the session. Read the Black Box Trader’s Guide to learn more about this computer-driven service. Have a Great Weekend! Jim Giaquinto Recommendations from Zacks' Private Portfolios: Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>  Zacks Investment Research.....»»

Category: topSource: zacksOct 16th, 2021

4 Top Stock Trades for Monday: New All-Time Highs Coming for Bitcoin

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bitcoin, TaskUs, Marathon Digital and Ocugen were our top stock trades going into the weekend. So, here's a look at how the charts are now. The post 4 Top Stock Trades for Monday: New All-Time Highs Coming for Bitcoin appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Analyst Who Found Microsoft at $0.38 Names #1 Pick for the AI Boom America’s #1 EV Stock Still Flying Under the Radar.....»»

Category: topSource: investorplaceOct 15th, 2021

What Makes Discover (DFS) a Strong Momentum Stock: Buy Now?

Does Discover (DFS) have what it takes to be a top stock pick for momentum investors? Let's find out. Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Discover (DFS), which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Discover currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for DFS that show why this credit card issuer and lender shows promise as a solid momentum pick.Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.For DFS, shares are up 0.91% over the past week while the Zacks Financial - Consumer Loans industry is up 0.58% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 2.03% compares favorably with the industry's 1.26% performance as well.While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of Discover have increased 2.31% over the past quarter, and have gained 96.35% in the last year. On the other hand, the S&P 500 has only moved 1.8% and 28.9%, respectively.Investors should also pay attention to DFS's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. DFS is currently averaging 1,546,235 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with DFS.Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost DFS's consensus estimate, increasing from $16.79 to $16.97 in the past 60 days. Looking at the next fiscal year, 4 estimates have moved upwards while there have been no downward revisions in the same time period.Bottom LineTaking into account all of these elements, it should come as no surprise that DFS is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Discover on your short list. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Discover Financial Services (DFS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Northern Oil and Gas (NOG) is a Great Momentum Stock: Should You Buy?

Does Northern Oil and Gas (NOG) have what it takes to be a top stock pick for momentum investors? Let's find out. Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Northern Oil and Gas (NOG), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Northern Oil and Gas currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for NOG that show why this independent oil and gas company shows promise as a solid momentum pick.A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.For NOG, shares are up 16.23% over the past week while the Zacks Oil and Gas - Exploration and Production - United States industry is up 0.67% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 37.77% compares favorably with the industry's 9.72% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Northern Oil and Gas have increased 50.09% over the past quarter, and have gained 385.63% in the last year. In comparison, the S&P 500 has only moved 1.8% and 28.9%, respectively.Investors should also pay attention to NOG's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. NOG is currently averaging 1,104,777 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with NOG.Over the past two months, 7 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NOG's consensus estimate, increasing from $2.96 to $3.56 in the past 60 days. Looking at the next fiscal year, 6 estimates have moved upwards while there have been 1 downward revision in the same time period.Bottom LineTaking into account all of these elements, it should come as no surprise that NOG is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Northern Oil and Gas on your short list. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Northern Oil and Gas, Inc. (NOG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Are You Looking for a Top Momentum Pick? Why Customers Bancorp (CUBI) is a Great Choice

Does Customers Bancorp (CUBI) have what it takes to be a top stock pick for momentum investors? Let's find out. Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Customers Bancorp (CUBI), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Customers Bancorp currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for CUBI that show why this bank holding company shows promise as a solid momentum pick.A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.For CUBI, shares are up 2.9% over the past week while the Zacks Banks - Southeast industry is up 0.65% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 13.64% compares favorably with the industry's 5.16% performance as well.While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of Customers Bancorp have increased 20.26% over the past quarter, and have gained 247.96% in the last year. In comparison, the S&P 500 has only moved 1.8% and 28.9%, respectively.Investors should also pay attention to CUBI's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. CUBI is currently averaging 225,065 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with CUBI.Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost CUBI's consensus estimate, increasing from $7.23 to $7.27 in the past 60 days. Looking at the next fiscal year, 4 estimates have moved upwards while there have been no downward revisions in the same time period.Bottom LineGiven these factors, it shouldn't be surprising that CUBI is a #2 (Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Customers Bancorp on your short list. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Customers Bancorp, Inc (CUBI): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

What Makes Marsh & McLennan (MMC) a Strong Momentum Stock: Buy Now?

Does Marsh & McLennan (MMC) have what it takes to be a top stock pick for momentum investors? Let's find out. Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Marsh & McLennan (MMC), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Marsh & McLennan currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?In order to see if MMC is a promising momentum pick, let's examine some Momentum Style elements to see if this global professional services firm providing strategy, risk and people solutions holds up.A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.For MMC, shares are up 1.64% over the past week while the Zacks Insurance - Brokerage industry is up 1.64% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 1.55% compares favorably with the industry's 4.55% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Marsh & McLennan have increased 10.12% over the past quarter, and have gained 40.49% in the last year. In comparison, the S&P 500 has only moved 1.8% and 28.9%, respectively.Investors should also pay attention to MMC's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. MMC is currently averaging 1,878,741 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with MMC.Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost MMC's consensus estimate, increasing from $6.07 to $6.09 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period.Bottom LineTaking into account all of these elements, it should come as no surprise that MMC is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Marsh & McLennan on your short list. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Marsh & McLennan Companies, Inc. (MMC): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

Earthstone Energy (ESTE) is a Great Momentum Stock: Should You Buy?

Does Earthstone Energy (ESTE) have what it takes to be a top stock pick for momentum investors? Let's find out. Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Earthstone Energy (ESTE), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Earthstone Energy currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for ESTE that show why this oil and gas company shows promise as a solid momentum pick.A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.For ESTE, shares are up 20.25% over the past week while the Zacks Oil and Gas - Exploration and Production - United States industry is up 0.67% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 16.78% compares favorably with the industry's 9.72% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Earthstone Energy have increased 3.44% over the past quarter, and have gained 272.7% in the last year. In comparison, the S&P 500 has only moved 1.8% and 28.9%, respectively.Investors should also pay attention to ESTE's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. ESTE is currently averaging 491,879 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with ESTE.Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost ESTE's consensus estimate, increasing from $0.98 to $1.07 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period.Bottom LineTaking into account all of these elements, it should come as no surprise that ESTE is a #1 (Strong Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Earthstone Energy on your short list. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Earthstone Energy, Inc. (ESTE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Are You Looking for a Top Momentum Pick? Why ConocoPhillips (COP) is a Great Choice

Does ConocoPhillips (COP) have what it takes to be a top stock pick for momentum investors? Let's find out. Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at ConocoPhillips (COP), which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. ConocoPhillips currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?In order to see if COP is a promising momentum pick, let's examine some Momentum Style elements to see if this energy company holds up.Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.For COP, shares are up 6.88% over the past week while the Zacks Oil and Gas - Integrated - United States industry is up 3.61% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 23.45% compares favorably with the industry's 11.37% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of ConocoPhillips have increased 28.43% over the past quarter, and have gained 112.08% in the last year. In comparison, the S&P 500 has only moved 0.23% and 25.97%, respectively.Investors should also take note of COP's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, COP is averaging 11,874,327 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with COP.Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost COP's consensus estimate, increasing from $4.82 to $5.14 in the past 60 days. Looking at the next fiscal year, 7 estimates have moved upwards while there have been no downward revisions in the same time period.Bottom LineTaking into account all of these elements, it should come as no surprise that COP is a #1 (Strong Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep ConocoPhillips on your short list. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>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 ConocoPhillips (COP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Are You Looking for a Top Momentum Pick? Why Berry Petroleum (BRY) is a Great Choice

Does Berry Petroleum (BRY) have what it takes to be a top stock pick for momentum investors? Let's find out. Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Berry Petroleum (BRY), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Berry Petroleum currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?In order to see if BRY is a promising momentum pick, let's examine some Momentum Style elements to see if this independent upstream energy company holds up.Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.For BRY, shares are up 8.36% over the past week while the Zacks Oil and Gas - Integrated - United States industry is up 3.61% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 32.19% compares favorably with the industry's 11.37% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Berry Petroleum have increased 39% over the past quarter, and have gained 148.92% in the last year. In comparison, the S&P 500 has only moved 0.23% and 25.97%, respectively.Investors should also take note of BRY's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, BRY is averaging 436,907 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with BRY.Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost BRY's consensus estimate, increasing from $0.35 to $0.37 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.Bottom LineTaking into account all of these elements, it should come as no surprise that BRY is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Berry Petroleum on your short list. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>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 Berry Corporation (BRY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

SilverBow Resources (SBOW) is a Great Momentum Stock: Should You Buy?

Does SilverBow Resources (SBOW) have what it takes to be a top stock pick for momentum investors? Let's find out. Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at SilverBow Resources (SBOW), which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. SilverBow Resources currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for SBOW that show why this energy company shows promise as a solid momentum pick.A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.For SBOW, shares are up 11.17% over the past week while the Zacks Oil and Gas - Exploration and Production - United States industry is up 0.67% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 29.99% compares favorably with the industry's 8.52% performance as well.While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of SilverBow Resources have risen 39.62%, and are up 568.2% in the last year. On the other hand, the S&P 500 has only moved 0.23% and 25.97%, respectively.Investors should also take note of SBOW's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, SBOW is averaging 246,238 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with SBOW.Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost SBOW's consensus estimate, increasing from $5.46 to $6.98 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.Bottom LineGiven these factors, it shouldn't be surprising that SBOW is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep SilverBow Resources on your short list. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>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 SilverBow Resources (SBOW): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Value Investors Should Aim High

Don't settle for low growth companies. Use the PEG ratio to find top growth and value stocks. (0:45) - Quarantine Discoveries: Safe Stock Plays(6:50) - Finding Cheap Stocks With Growth(11:20) - Tracey’s Top Stock Picks(26:30) - Episode Roundup: BGS, XOM, TPR, ANF, URBN, PVH, M, TLYS, KSS, HIBB, DKS, FL, CHH, BMOPodcast@Zacks.com Welcome to Episode #254 of the Value Investor Podcast.Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.Value investing is often thought of a the “boring” strategy.Investors only get to buy cheap, slow growth companies.But value investors shouldn’t settle for slow growth. It’s possible to find value stocks that also have strong growth.The combination of value and growth is rare, but that’s what makes it a powerful combination.Value investors should aim high. Don’t settle.Screening for Value and Growth StocksHow do you find stocks that have both value and growth?The PEG ratio is a powerful tool for value investors. It combines both a low P/E ratio and growth.A PEG ratio under 1.0 usually indicates a company has value.Additionally, adding the Zacks Ranks of #1 (Strong Buy) and #2 (Buy), the two top Zacks Ranks, to a screen should produce companies where the analysts are raising their earnings estimates.Using just those two fundamentals, the screen produced 95 stocks.5 Stocks with Low PEG Ratios1.       Exxon Mobil Corp. XOM has rallied nearly 50% this year as crude and natural gas prices have risen but it’s still cheap with a forward P/E of just 12.5 and a PEG ratio of 0.7. Investors also get a juicy dividend yielding 5.6%.2.       Tapestry TPR, the parent company of Coach, Kate Spade and Stuart Weitzman, is expected to grow revenue by 11.6% this fiscal year and another 4.3% next fiscal year as luxury good demand remains strong on the economic reopening. It has a PEG of just 0.9.3.       Manpower Group MAN is in the talent business. When the global economy heats up, so does Manpower Group’s business. Earnings are expected to rise 93% in 2021 and another 21% in 2022. Yet it trades with a PEG ratio of just 0.65.4.       Choice Hotel International CHH has two hot luxury brands in Ascend and Cambria, which are seeing a lot of growth. While earnings are expected to rebound in 2021, up 77% off the coronavirus hit year of 2020, they are also expected to jump another 20% in 2022. It has a PEG ratio of 0.99.5.       Bank of Montreal BMO is a $67 billion market cap Canadian bank. It is expected to grow its revenue by 8.3% this year. While shares are up 37% this year, it is still cheap with a PEG ratio of 0.7. Shareholders are rewarded with a dividend, currently yielding 3.2%.What else should you know about screening for value stocks that also have growth?Listen to this week’s podcast to find out. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>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 ManpowerGroup Inc. (MAN): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report Choice Hotels International, Inc. (CHH): Free Stock Analysis Report Bank Of Montreal (BMO): Free Stock Analysis Report Tapestry, Inc. (TPR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

ETF Areas to Consider to Combat Rising Inflation Concerns

Take a look at some ETF areas that can be considered good investment options amid the rising inflation concerns. Investors seem worried about the soaring inflation levels that the Fed says is ‘transitory’. According to the Federal Reserve, major part of the inflation has been triggered by the pandemic-driven supply-demand imbalance, which might get resolved in a few months (per a CNBC article).Going by the latest Labor Department report, the Consumer Price Index in September rose 5.4% year over year compared to the Dow Jones estimate of a 5.3% rise, as mentioned in a CNBC article. The metric came in at the highest level since January 1991. It also increased 0.4% for the month, surpassing the 0.3% Dow Jones estimate. The soaring food and energy prices might be primarily responsible for the higher inflation levels.Studying the inflation data, Seema Shah, chief investment strategist at Principal Global Investors, has commented that “Today’s number shouldn’t move the needle for the Fed. Inflation has already surpassed its goal and, if anything, the higher-than-expected September CPI just reinforces the need to start tapering. November tapering, here we come.” This was mentioned in a CNBC article.The International Monetary Fund has also asked the Federal Reserves and its peers across the globe to prepare for a backup plan if the inflation levels remain persistently high, per a CNBC article. Thus, investors are now getting mentally prepared for the interest rate hikes to happen sooner than expected or the Fed’s move to taper the bond purchases.Gold ETFs to Hedge InflationConsidering the current scenario, gold prices have been rising. The inflationary backdrop in the United States is favorable for gold as the metal is viewed as a hedge against inflation. Moreover, rising inflation often lowers the value of the concerned currency. If the greenback remains subdued, gold will gain some glitter back. The yellow metal recently delivered its biggest rally in seven months as investors remained worried about high inflation levels and the possibilities of decreasing stimulus. Going on, the 10-year Treasuries yield also declined after an initial rise post the data released on Oct 13, raising demand for the non-interest-bearing bullion, per a Bloomberg article.In this regard, John Feeney, business development manager at Sydney-based bullion dealer Guardian Gold Australia, has said that “Gold might actually start catching a strong bid if high inflation persists, which is a big switch from earlier in the year where taper fears dominated inflation fears. Historically, gold tends to perform very well in inflationary environments, so it makes sense for the market to turn bullish if inflation continues to beat,” according to a Bloomberg article.Gold ETFs mostly move in tandem with gold prices. The SPDR Gold Shares GLD, iShares Gold Trust IAU, SPDR Gold MiniShares Trust GLDM and GraniteShares Gold Trust BAR are some of the popular ETFs. These funds carry a Zacks ETF Rank #3 (Hold). Below we have discussed these in detail:GLDThis is the largest and most popular ETF in the gold space, with AUM of $55.66 billion and an average three-month trading volume of 7.3 million shares. The fund reflects the performance of the price of gold bullion, less the Trust's expenses. At launch, each share of this ETF represented about 1/10th of an ounce of gold. The expense ratio is 0.40% (read: September's Weak History Turning True: 5 ETF Buying Zones).IAUThis ETF offers exposure to the day-to-day movement of the price of gold bullion. It has AUM of $27.98 billion and trades in a solid three-month volume of 8.9 million shares, on average. At launch, each share of this ETF represented about 1/100th of an ounce of gold. The ETF charges 25 basis points (bps) in annual fees.TIPS ETFs at RescueTIPS ETFs offer robust real returns during inflationary periods, unlike its unprotected peers in the fixed-income world. It not only provides shelter from increasing prices but also protects income for the long term. While there are several options in the space to tap the rising consumer prices, we have highlighted the four popular ETFs that could be compelling investments -- iShares TIPS Bond ETF TIP, Schwab U.S. TIPS ETF SCHP, Vanguard Short-Term Inflation-Protected Securities ETF VTIP and iShares 0-5 Year TIPS Bond ETF STIP.TIPThis ETF is the most-popular choice in the TIPS space, with AUM of $34.42 billion and an average three-month trading volume of 3.9 million shares. It tracks the Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) Index. It charges 19 bps in fees per year (read: Global TIPS ETFs to Play Now).SCHPThis fund tracks the Bloomberg US Treasury Inflation-Linked Bond Index (Series-L). SCHP is among the cheapest options in the TIPS space, charging just 5 bps in annual fees. It has AUM of $20.41 billion and trades in a solid three-month average volume of about 2.6 million shares. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>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 SPDR Gold Shares (GLD): ETF Research Reports iShares Gold Trust (IAU): ETF Research Reports iShares TIPS Bond ETF (TIP): ETF Research Reports iShares 05 Year TIPS Bond ETF (STIP): ETF Research Reports Vanguard ShortTerm InflationProtected Securities ETF (VTIP): ETF Research Reports Schwab U.S. TIPS ETF (SCHP): ETF Research Reports GraniteShares Gold Trust (BAR): ETF Research Reports SPDR Gold MiniShares Trust (GLDM): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Intellinetics, Inc. (INLX) Hits 52-Week High, Can the Run Continue?

Intellinetics, Inc. (INLX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. Have you been paying attention to shares of Intellinetics (INLX)? Shares have been on the move with the stock up 3.8% over the past month. The stock hit a new 52-week high of $9 in the previous session. Intellinetics has gained 22.1% since the start of the year compared to the 22.1% move for the Zacks Computer and Technology sector and the -6.1% return for the Zacks Internet - Content industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 16, 2021, Intellinetics, Inc. reported EPS of $0.06 versus consensus estimate of $-0.01.For the current fiscal year, Intellinetics, Inc. is expected to post earnings of $0.35 per share on $11.23 million in revenues. This represents a 391.67% change in EPS on a 35.95% change in revenues. For the next fiscal year, the company is expected to earn $0.19 per share on $12.8 million in revenues. This represents a year-over-year change of -45.71% and 14.03%, respectively.Valuation MetricsIntellinetics, Inc. may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.Intellinetics, Inc. has a Value Score of D. The stock's Growth and Momentum Scores are A and C, respectively, giving the company a VGM Score of B.In terms of its value breakdown, the stock currently trades at 16.4X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 25.2X versus its peer group's average of 32.4X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Intellinetics, Inc. currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Intellinetics, Inc. passes the test. Thus, it seems as though Intellinetics, Inc. shares could still be poised for more gains ahead.How Does Intellinetics, Inc. Stack Up to the Competition?Shares of Intellinetics, Inc. have been rising, and the company still appears to be a decent choice, but what about the rest of the industry? Some of its industry peers are also impressive, including Points International (PCOM), Perion Network (PERI), and Shutterstock (SSTK), all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices.The Zacks Industry Rank is in the top 43% of all the industries we have in our universe, so it looks like there are some nice tailwinds for Intellinetics, Inc.even beyond its own solid fundamental situation. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Intellinetics, Inc. (INLX): Free Stock Analysis Report Points International, Ltd. (PCOM): Free Stock Analysis Report Perion Network Ltd (PERI): Free Stock Analysis Report Shutterstock, Inc. (SSTK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Evercore (EVR) Soars to 52-Week High, Time to Cash Out?

Evercore (EVR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. Shares of Evercore (EVR) have been strong performers lately, with the stock up 8.5% over the past month. The stock hit a new 52-week high of $152.64 in the previous session. Evercore has gained 37.8% since the start of the year compared to the 20.6% move for the Zacks Finance sector and the 39% return for the Zacks Financial - Investment Bank industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on July 28, 2021, Evercore reported EPS of $3.17 versus consensus estimate of $2.82.For the current fiscal year, Evercore is expected to post earnings of $13.39 per share on $2.84 billion in revenues. This represents a 39.19% change in EPS on a 24.73% change in revenues. For the next fiscal year, the company is expected to earn $12.96 per share on $2.87 billion in revenues. This represents a year-over-year change of -3.21% and 1.12%, respectively.Valuation MetricsEvercore may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.Evercore has a Value Score of B. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of A.In terms of its value breakdown, the stock currently trades at 11.3X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 12.6X versus its peer group's average of 12.2X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Evercore currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Evercore meets the list of requirements. Thus, it seems as though Evercore shares could have potential in the weeks and months to come. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Evercore Inc (EVR): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

Republic Services (RSG) Hits 52-Week High, Can the Run Continue?

Republic Services (RSG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. Have you been paying attention to shares of Republic Services (RSG)? Shares have been on the move with the stock up 3.7% over the past month. The stock hit a new 52-week high of $128.72 in the previous session. Republic Services has gained 33.6% since the start of the year compared to the -21% move for the Zacks Business Services sector and the -2.8% return for the Zacks Waste Removal Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on July 29, 2021, Republic Services reported EPS of $1.09 versus consensus estimate of $0.94.For the current fiscal year, Republic Services is expected to post earnings of $4.06 per share on $11.05 billion in revenues. This represents a 14.04% change in EPS on an 8.84% change in revenues. For the next fiscal year, the company is expected to earn $4.44 per share on $11.64 billion in revenues. This represents a year-over-year change of 9.41% and 5.3%, respectively.Valuation MetricsRepublic Services may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.Republic Services has a Value Score of C. The stock's Growth and Momentum Scores are B and D, respectively, giving the company a VGM Score of B.In terms of its value breakdown, the stock currently trades at 31.7X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 17.9X versus its peer group's average of 13.7X. Additionally, the stock has a PEG ratio of 2.98. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Republic Services currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Republic Services passes the test. Thus, it seems as though Republic Services shares could still be poised for more gains ahead.How Does Republic Services Stack Up to the Competition?Shares of Republic Services have been rising, and the company still appears to be a decent choice, but what about the rest of the industry? Some of its industry peers are also impressive, including ManpowerGroup (MAN), Concentrix (CNXC), and IQVIA Holdings (IQV), all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices.The Zacks Industry Rank is in the top 28% of all the industries we have in our universe, so it looks like there are some nice tailwinds for Republic Services, even beyond its own solid fundamental situation. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Republic Services, Inc. (RSG): Free Stock Analysis Report ManpowerGroup Inc. (MAN): Free Stock Analysis Report Concentrix Corporation (CNXC): Free Stock Analysis Report IQVIA Holdings Inc. (IQV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

Shutterstock (SSTK) Hits Fresh High: Is There Still Room to Run?

Shutterstock (SSTK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. Have you been paying attention to shares of Shutterstock (SSTK)? Shares have been on the move with the stock up 2.7% over the past month. The stock hit a new 52-week high of $122.55 in the previous session. Shutterstock has gained 68.1% since the start of the year compared to the 22.1% move for the Zacks Computer and Technology sector and the -6.1% return for the Zacks Internet - Content industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on July 27, 2021, Shutterstock reported EPS of $1.02 versus consensus estimate of $0.81.For the current fiscal year, Shutterstock is expected to post earnings of $3.11 per share on $762.8 million in revenues. This represents a 18.7% change in EPS on a 14.42% change in revenues. For the next fiscal year, the company is expected to earn $3.4 per share on $835.76 million in revenues. This represents a year-over-year change of 9.49% and 9.56%, respectively.Valuation MetricsShutterstock may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.Shutterstock has a Value Score of D. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of B.In terms of its value breakdown, the stock currently trades at 38.8X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 38X versus its peer group's average of 32.4X. Additionally, the stock has a PEG ratio of 2.93. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Shutterstock currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Shutterstock passes the test. Thus, it seems as though Shutterstock shares could still be poised for more gains ahead.How Does Shutterstock Stack Up to the Competition?Shares of Shutterstock have been rising, and the company still appears to be a decent choice, but what about the rest of the industry? Some of its industry peers are also impressive, including Intellinetics (INLX), Points International (PCOM), and Perion Network (PERI), all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices.The Zacks Industry Rank is in the top 43% of all the industries we have in our universe, so it looks like there are some nice tailwinds for Shutterstock, even beyond its own solid fundamental situation. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Shutterstock, Inc. (SSTK): Free Stock Analysis Report Points International, Ltd. (PCOM): Free Stock Analysis Report Perion Network Ltd (PERI): Free Stock Analysis Report Intellinetics, Inc. (INLX): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

Lowe"s (LOW) Hits 52-Week High, Can the Run Continue?

Lowe's (LOW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. Have you been paying attention to shares of Lowe's Companies (LOW)? Shares have been on the move with the stock up 3.8% over the past month. The stock hit a new 52-week high of $216.56 in the previous session. Lowe's Companies has gained 34.9% since the start of the year compared to the -7.6% move for the Zacks Retail-Wholesale sector and the 27.9% return for the Zacks Building Products - Retail industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 18, 2021, Lowe's reported EPS of $4.25 versus consensus estimate of $3.99 while it beat the consensus revenue estimate by 2.15%.For the current fiscal year, Lowe's is expected to post earnings of $11.33 per share on $93.05 billion in revenues. This represents a 27.88% change in EPS on a 3.85% change in revenues. For the next fiscal year, the company is expected to earn $11.82 per share on $92.69 billion in revenues. This represents a year-over-year change of 4.33% and -0.39%, respectively.Valuation MetricsLowe's may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.Lowe's has a Value Score of B. The stock's Growth and Momentum Scores are A and B, respectively, giving the company a VGM Score of A.In terms of its value breakdown, the stock currently trades at 19.1X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 19.2X versus its peer group's average of 12.5X. Additionally, the stock has a PEG ratio of 1.35. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Lowe's currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Lowe's fits the bill. Thus, it seems as though Lowe's shares could have potential in the weeks and months to come. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 Lowe's Companies, Inc. (LOW): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksOct 15th, 2021

UnitedHealth (UNH) Soars to 52-Week High, Time to Cash Out?

UnitedHealth (UNH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. Have you been paying attention to shares of UnitedHealth Group (UNH)? Shares have been on the move with the stock up 0.8% over the past month. The stock hit a new 52-week high of $433.5 in the previous session. UnitedHealth Group has gained 19.9% since the start of the year compared to the -7.4% move for the Zacks Medical sector and the 18.5% return for the Zacks Medical - HMOs industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 14, 2021, UnitedHealth reported EPS of $4.52 versus consensus estimate of $4.41.For the current fiscal year, UnitedHealth is expected to post earnings of $18.74 per share on $285.46 billion in revenues. This represents a 11.02% change in EPS on a 11.01% change in revenues. For the next fiscal year, the company is expected to earn $21.72 per share on $309.11 billion in revenues. This represents a year-over-year change of 15.92% and 8.29%, respectively.Valuation MetricsUnitedHealth may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.UnitedHealth has a Value Score of B. The stock's Growth and Momentum Scores are A and F, respectively, giving the company a VGM Score of A.In terms of its value breakdown, the stock currently trades at 22.4X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 20.8X versus its peer group's average of 17X. Additionally, the stock has a PEG ratio of 1.69. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, UnitedHealth currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if UnitedHealth fits the bill. Thus, it seems as though UnitedHealth shares could have potential in the weeks and months to come. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>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 UnitedHealth Group Incorporated (UNH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 15th, 2021

4 Top Stock Trades for Friday: Ethereum, PLUG, WBA, NFLX

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Ethereum, Plug Power, Walgreens and Netflix were our top stock trades for Friday. So, let's look at how the charts are setting up now. The post 4 Top Stock Trades for Friday: Ethereum, PLUG, WBA, NFLX appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Analyst Who Found Microsoft at $0.38 Names #1 Pick for the AI Boom America’s #1 EV Stock Still Flying Under the Radar.....»»

Category: topSource: investorplaceOct 15th, 2021