Month: October 2019

Technicals

Domino’s Pizza (DPZ) Reports Next Week: Wall Street Expects Earnings Growth

October 1, 2019 0

Wall Street expects a year-over-year increase in earnings on higher revenues when Domino’s Pizza (DPZ) reports results for the quarter ended September 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 8. […]

Technicals

AZZ (AZZ) Reports Next Week: Wall Street Expects Earnings Growth

October 1, 2019 0

Wall Street expects a year-over-year increase in earnings on higher revenues when AZZ (AZZ) reports results for the quarter ended August 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 8, 2019, might help the stock move higher if these key numbers are better than expectations. […]

Stock Analysts

Can Value Investors Consider Continental Resources (CLR) Now?

October 1, 2019 0

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

Top Construction Stocks That More Than Doubled the S&P YTD

October 1, 2019 0

The construction sector has demonstrated stability so far this year amid challenges. The market has been battered by fears of an all-out U.S.-China trade war, affordability concerns, global market slowdown and shortage of skilled labor. Defying all odds, the construction sector grew 31.7% in the first nine months of 2019, higher than the broader market’s (S&P 500) rally of 16.8% […]

Stock Analysts

5 Insurers Outperforming S&P 500 Year to Date

October 1, 2019 0

The Zacks S&P 500 composite has performed well so far this year after a disappointing 2018. The benchmark index has gained 17.3% year to date having lost 6.2% in 2018. Optimism over trade talks between the United States and China, Fed’s bullish outlook on U.S […]

Stock Analysts

Dow’s Top Q3 Performers Show Consumers Are on Spending Spree

October 1, 2019 0

The third quarter came to a finish yesterday. It’s been a topsy-turvy ride for equities in the quarter with the Fed trimming rates twice, the yield curve getting inverted for the first time in almost a decade and the Sino-American trade war continuing to weigh on investors’ sentiments. In its last move, the Fed cut target interest rate by 25 bps to a range of 1.75-2%, a widely expected move to sustain the decade-long economic expansion amid trade concerns […]

Stock Analysts

Geron’s Imetelstat Gets Fast Track Status for Myelofibrosis

October 1, 2019 0

Geron Corporation GERN announced that the FDA has granted Fast Track designation to its sole pipeline candidate, imetelstat, for treating a hematologic myeloid malignancy, myelofibrosis (“MF”). The designation was given for treating adult patients with intermediate-2 or high-risk MF, whose disease has relapsed following treatment by a JAK inhibitor or is refractory to a JAK inhibitor, as well as patients with primary MF and MF developed after essential thrombocythemia or polycythemia vera. The company is evaluating imetelstat in a similar patient population in the phase II IMbark study […]

Economic Data

PMI, ISM Manufacturing Hope to Stay Above 50

October 1, 2019 0

Tuesday, October 1, 2019 After the opening bell this morning, we will get new looks at important domestic manufacturing data, from both PMI and ISM surveys. PMI is coming off multi-year lows with this next report, while ISM registered a sub-50% read for August. For both indexes, a headline number above 50 indicates positive growth; under 50 indicates contraction. […]

Technicals

Will KB Home Continue to Surge Higher?

October 1, 2019 0

As of late, it has definitely been a great time to be an investor KB Home KBH .The stock has moved higher by nearly 3% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path. We certainly think that this might be the case, particularly if you consider KBH’s recent earnings estimate revision activity. […]

Technicals

Arcosa (ACA) Upgraded to Buy: Here’s Why

October 1, 2019 0

Arcosa (ACA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company’s changing earnings picture. […]

Technicals

All You Need to Know About iStar (STAR) Rating Upgrade to Buy

October 1, 2019 0

iStar Financial (STAR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company’s changing earnings picture. […]