Stock Analysts

NCR Corp Benefits From Acquisitions Amid Rising Competition

NCR Corporation ’s NCR growth trajectory has been driven by strategic acquisitions. In the past two decades, the company bought more than 20 companies that not only expanded its portfolio of solutions but also total addressable market. For instance, the acquisition of D3 Technology, completed in July 2019, has helped NCR to strengthen its footprint in the digital banking space, both in large domestic banks and international banks […]

Stock Analysts

3 Beaten-Down Consumer Stocks Set to Bounce Back in 2020

The Consumer Discretionary sector is quite competitive and fragmented with companies vying for a bigger slice of the market on attributes such as price, products and speed-to-market. Undoubtedly, consumers remain the driving factor of the sector. An improving job scenario, rising wages and spiraling confidence are encouraging consumers to spend more. […]

Economic Data

Jobless Claims Back Within Range: 222K Last Week

Thursday, December 26, 2019 After taking a breather for the Christmas holiday yesterday, stock market participants are back at it this Thursday morning, although we expect trading volume to stay relatively light. Futures are up slightly, continuing to build on the Nasdaq to new all-time highs. The Dow and S&P 500 remain near all-time highs, but finished down slightly on Christmas Eve’s half-trading day. […]

Technicals

Moving Average Crossover Alert: Eli Lilly and Company

Eli Lilly and Company LLY is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for LLY broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 12% in the past four weeks […]

Technicals

Moving Average Crossover Alert: Genesco

Genesco Inc. GCO is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for GCO broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. […]

Stock Analysts

5 Most Environment-Friendly Technology Stocks of 2019

Climate change has become a pressing concern in recent years as we continue the pay the price for rising carbon footprint that has led to adversities like heatwaves, increasing sea levels, forest fires and accelerated natural resource depletion. Sustainable practices to reduce greenhouse gas emissions and limit warming to 1.5 degrees Celsius by the end of this century are undoubtedly a priority for most industries. […]

Stock Analysts

5 Finance Stocks Expected to Keep Outperforming in 2020

The Zacks Finance sector has rallied 21.3% so far this year, marking a significant rebound from the disappointing 2018 performance, wherein the sector had recorded a decline of 14.3%. Also, the sector has underperformed the S&P 500’s growth of 29.9% over the same time period amid the Federal Reserve’s three interest rate cuts. […]

Stock Analysts

5 Best Performing IPOs of 2019

A host of high-profile private companies hit Wall Street this year, debuting across various prominent sectors. These “unicorns,” Wall Street’s term for a fast-growing startup company, definitely have the potential to make it big, given their impressive journey since their initial public offerings (IPOs). […]

Stock Analysts

Incyte (INCY) Surges 44% YTD on Jakafi’s Strong Performance

Shares of biopharmaceutical company Incyte Corporation INCY have surged 43.8% in the year so far, outperforming 10.3% growth recorded by the industry . Incyte’s lead drug Jakafi (ruxolitinib) is a first-in-class JAK1/JAK2 inhibitor, approved in the United States for the treatment of patients with polycythemia vera (PV), who have had an inadequate response to or are intolerant to hydroxyurea. It is also approved for treating patients with intermediate or high-risk myelofibrosis (MF) including primary MF, post-PV MF, and post-essential thrombocythemia MF […]

Stock Analysts

Qualcomm Shares Up 56% YTD: What’s Driving the Performance?

Shares of San Diego, CA-based Qualcomm Incorporated QCOM have risen 56% so far this year. The digital communication products maker has significantly outperformed its industry ’s growth of 23.5% over the same time frame. The Zacks Rank #1 (Strong Buy) stock, with a market cap of nearly $101.4 billion, has impressed investors with its recent earnings streak […]

Stock Analysts

Should Value Investors Pick Mueller Water Products (MWA)?

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

5 Top-Ranked Internet Stocks to Buy for 2020

Year 2019 has been exceptional for Internet stocks as evident from the robust year-to-date performance of Invesco NASDAQ Internet ETF (PNQI), which has rallied 29.5% compared with the SPDR S&P 500 ETF’s (SPY) growth of 28.5%. Increasing allegiance to online gaming, music and video streaming services have been boosting growth prospects. Additionally, rising Internet penetration, particularly in emerging markets including Latin America, Africa and South East Asia, presents significant growth opportunities […]