Year: 2019

LyondellBasell Industries N.V. LYB recently announced that it has inked a non-binding Memorandum of Understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec) to form a 50:50 joint venture (JV). The JV will build a new propylene oxide (PO) and styrene monomer (SM) plant in Zhenhai, Ningbo, China, which will serve the domestic market. […]

Shares of Air Lease Corporation AL attained a 52-week high of $48.44 during the course of the trading session on Dec 24 before retracing a bit to close at $48.36. In fact, this Los Angeles, CA-based aircraft leasing company performed impressively in 2019. The stock has soared 60% compared with its industry ’s 32.4% growth. […]

The year 2019 has turned out to be an eventful one for Planet Fitness, Inc. PLNT . So far this year, the stock has surged 38.7%, compared with the industry ’s growth of 14% […]

On Dec 24, 2019, we issued an updated research report on Tandem Diabetes Care, Inc. TNDM . The company's expansion initiatives in the global markets are a major positive. […]

McDonald's Corporation ’s MCD deepened focus on delivery, growth in international markets, accelerated deployment of Experience of the Future (EOTF) restaurants and sales-building initiatives bode well. However, high labor costs, lower-than-expected earnings for the three straight quarters and currency headwinds are major concerns. As a result, the stock has gained 10.7% so far this year compared with the Zacks Retail – Restaurants industry’s 20.3% rally […]

The Hartford Financial Services Group, Inc. HIG has been in investors’ good books, riding high on solid contribution from its Commercial Lines business and strategic initiatives. Year to date, this Zacks Rank #3 (Hold) has surged 35.1%, outperforming its industry 's growth of 15.5%. […]

China Petroleum & Chemical Corporation or Sinopec SNP recently signed a memorandum of understanding with LyondellBasell Industries N.V. LYB to create a new 50-50 joint venture (JV) for developing a new propylene oxide and styrene monomer unit. This is a second such joint venture between the two companies […]

Magellan Midstream Partners, L.P. MMP recently commenced the second binding open season to gauge shipping commitments for boosting transportation capacity along the western leg of its refined petroleum products pipeline system in Texas. The extended open season is for the shippers willing to carry oil through the to-be-expanded and the existing pipeline. […]

In a bid to bolster its presence further in the electronics industry, WESCO International, Inc. WCC is making concerted efforts to double the size of its business. This is evident from its latest move to set its sights firmly on Anixter International AXE buyout. […]

Shares of IQVIA Holdings Inc. IQV have gained 33.2% on a year-to-date basis, compared with 17.4% growth of the industry it belongs to and 27.3% increase of the Zacks S&P 500 composite. Let’s delve deeper into the factors which have contributed to the company’s outperformance. […]

The highlight of the past week was Tesla TSLA crossing Elon Musk’s $420 target. The electric vehicle (EV) pioneer seems unstoppable. The most significant catalyst to its most recent rally is the Shanghai Gigafactory 3 and its ahead-of-schedule timeline, with cars being shipped out across China’s mainland […]

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. […]

Sun Life Financial SLF is well-poised for long-term growth on the back of strategic acquisitions, expanding global asset management business and efficient capital deployment. Sun Life’s return on equity was 13.2% in the trailing 12-month period, higher than the industry average of 12.96%. Return on equity is a profitability measure that identifies a company’s efficiency in utilizing its shareholders’ funds […]

Netflix NFLX has been increasingly investing in the production and distribution of localized, foreign-language content aimed at attracting international audiences. In third-quarter 2019, the company added 6.26 million paid international members, up 23.5% year over year. The company is working on projects across Mexico, Spain, Italy, Germany, Brazil, France, Turkey and the entire Middle East to drive international subscriber growth. […]

Shares of Franco-Nevada Corporation FNV scaled a fresh 52-week high of $101.65 during the trading session on Dec 24, before retracting a bit to close at $101.36. Better-than-expected earnings in the third quarter, an upbeat outlook for 2019 and higher gold prices have contributed to this rally. […]

If we have to pick one auto stock that has emerged as the biggest winner for its investors in the past decade, it has to be electric vehicle pioneer Tesla TSLA . Since its IPO in 2010, Tesla has skyrocketed 1,683%, breezing past the S&P 500’s 199% total return during the decade. Tesla: The Auto Stock of the Decade Over the years, Tesla has shifted from developing niche products for affluent buyers to making more affordable electric vehicles for the masses. […]