Technicals

New Strong Sell Stocks for January 3rd

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Atento S.A. ATTO provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. The Zacks Consensus Estimate for its current year earnings has been revised 9.1% downward over the last 30 days. […]

Stock Analysts

5 Best Performing S&P 500 Stocks to Buy in 2017

With the New Year upon us, many market observers have been bullish on market growth, with the so-called Trump rally propelling domestic equities to new highs. His plans to cut corporate taxes, reduce costly business regulations and spend heavily on rebuilding aging U.S. infrastructure are viewed as major positives for U.S. […]

Stock Analysts

Egypt Inks Oil & Gas Exploration Deals Worth $220 Million

Egypt’s Oil Minister has inked three offshore oil and gas exploration and production deals worth about $220 million, per a news report. The agreements are signed with supermajor BP plc BP , France’s Total SA TOT and a subsidiary of Italy’s Eni SpA E for exploration blocks in the Egyptian Mediterranean Sea. The agreements also include a signing bonus of $9 million and are the result of a tender called by Egyptian state gas board (EGAS). […]

Stock Analysts

NIKE Underperforms Dow in 2016: Can It Rebound This Year?

NIKE Inc ’s NKE unmatched popularity on the grounds makes it every sportsman’s favorite as a result of which it has garnered an image of reliability as a sports brand. The Swoosh logo has long been synonymous with sportspeople all over the globe. Moreover, its tradition of beating stiff competition, makes it the no […]

Stock Analysts

Coca-Cola (KO) Underperforms: Will It Turn Around in 2017?

The Coca-Cola Company KO , once a darling to dividend investors, has been struggling to boost sales in the wake of weak demand in certain emerging and developing markets and shift in consumer preference. Further, management’s lapses in adapting to changing market preferences dealt a blow to the stock, which underperformed the broader sector while DOW rose over 13% in 2016. With 500 brands, including four of the top five sparkling drink franchises worldwide, namely, Coca-Cola, Diet Coke, Fanta and Sprite, the company holds a unique market position […]

Momentum Stocks

Bull of the Day: Bluerock Residential Growth REIT (BRG)

Real Estate Investment Trust (REITs) companies invest in income producing properties that generate cash for investors which are paid out via dividends. One such REIT who has beat or met both the Zacks consensus earnings and revenue estimates for the past six consecutive quarters is our Zacks Bull of the Day, Bluerock Residential Growth REIT ( BRG ). This Zacks Rank #1 (Strong Buy) company operates as a real estate investment trust […]

Stock Analysts

Incyte Treats First Patient in Phase II GVHD Study on Jakafi

Incyte Corporation INCY announced that the first patient has been treated in the pivotal phase II REACH-1 study assessing its marketed drug Jakafi, in combination with corticosteroids, for the treatment of steroid-refractory acute graft-versus-host disease (GVHD). Incyte’s share price has fallen 4.3% in the past one month, compared with the Zacks classified Medical-Biomedical and Genetics industry’s fall of 2.3%. Jakafi, Incyte’s sole marketed product, is a first-in-class JAK1/JAK2 inhibitor, approved in the U.S […]

Stock Analysts

Is Ternium (TX) a Great Stock for Value Investors?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. […]

Stock Analysts

Southwest Airlines’ Technicians’ Tentative Deal Rejected

Southwest Airlines Co. LUV announced that the company’s facilities maintenance technicians have voted against the tentative deal, which was outlined in Oct 2016. Notably, had the deal been approved, it would have marked the first contract for the group after being accreted into the Aircraft Mechanics Fraternal Association (AMFA). […]

Stock Analysts

Freemont (FCX) Completes Californian Onshore Asset Sale

Freeport-McMoRan Inc. FCX concluded the previously announced sale of its onshore California properties for $592 million in cash, before closing adjustments to Sentinel Peak Resources California. Per the agreement, Freeport will receive an additional $50 million per year in 2018, 2019 and 2020, if Brent crude oil price averages $70 per barrel or more in those calendar years. […]