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Steelmakers Capitalize Record Prices to Spend Big on New Mills

The recently announced multi-billion projects from major U.S. steel producers reflect the underlying strength in the domestic steel industry underpinned by strong demand and record-high prices. Record-high steel prices and an upswing in demand in the manufacturing sector have ushered in boom time for the steel industry. Some of the biggest names in this space are making big investment to establish new mega mills to leverage the industry’s bull run.Steel Boom Driving Spending SplurgeMajor American steel producers, Nucor Corp. NUE and United States Steel Corp. X recently announced plans to set up new mills in the United States.Nucor, on Monday, announced its plans to construct a state-of-the-art sheet mill having an annual capacity of 3 million tons. It is looking at locations in Ohio, Pennsylvania and West Virginia to build the mill.The company is spending roughly $2.7 billion on the new mill that will be able to produce hot-rolled sheet products with downstream processing. The construction is expected to take two years after the required regulatory approvals are obtained. The geographic position of the mill will allow it to serve Midwestern and Northeastern customers and ensure a significantly lower carbon footprint than nearby competitors.Nucor noted that the new mill will allow it to meet the growing need of many of its customers, especially in the automotive market. The sheet mill is the latest in a series of investments made by the Charlotte-based steel giant that are expected to contribute to profitable growth and strengthen its position as a low-cost producer. The company is on track with its other significant growth projects — the Brandenburg plate mill, the Generation 3 flexible galvanizing line at the Hickman sheet mill and the modernization and expansion of the Gallatin sheet mill in Kentucky.U.S Steel, last week, also said that it plans to spend $3 billion to build a new, three-million-ton mini mill flat-rolled facility in the United States. The planned mini mill will integrate two state-of-the-art electric arc furnaces (“EAF”) with differentiated steelmaking and finishing technology, including purchased equipment owned by the company. The continued adoption of mini mill technology will enhance the company’s ability to produce the next generation of highly-profitable proprietary sustainable steel solutions, including Advanced High Strength Steels.U.S. Steel expects to start construction of the mini mill in the first half of 2022 and commence production in 2024. The planned investment is a key step toward achieving the company's 2030 goal of reducing global greenhouse gas emissions intensity by 20% from the 2018 baseline.The newly announced multi-billion projects from these major steel producers reflect the underlying strength in the steel industry underpinned by solid demand and pricing fundamentals. Steel Dynamics, Inc. STLD is also progressing with the construction of its 3 million-ton state-of-the-art EAF flat roll steel mill in Sinton, TX with production expected to commence in fourth-quarter 2021.The U.S. steel industry came roaring back in 2021 after bearing the brunt of the pandemic last year, thanks to a strong revival in domestic demand and zooming steel prices.Coronavirus hurt demand for steel across major end-use markets such as construction and automotive during the first half of 2020. However, demand for steel started to pick up from the third quarter last year with the resumption of operations across major steel-consuming sectors, following the loosening of restrictions.American steel makers are seeing healthy order booking in automotive, notwithstanding the semiconductor crunch. Demand in the non-residential construction market and equipment also remains resilient.The demand rebound has contributed to the significant uptick in U.S. steel industry capacity utilization on the restart of idled capacity. U.S. steel prices are also on an upswing, driven by an upturn in demand and supply shortages partly due to the pandemic.The benchmark hot-rolled coil (“HRC”) prices are shooting higher on U.S. steel mills’ price hike actions, tight supply conditions, low steel imports and solid pent-up demand. Prices are hitting fresh highs, having shot up more than four-fold from the lows witnessed in August 2020 and also nearly doubled since the start of 2021. HRC prices have cruised above the $1,900 per short ton level as the upward momentum continues.The price rally is expected to continue in the coming months on solid demand and supply constraints, which is likely to be exacerbated by a series of planned mill outages and scheduled maintenance.U.S. Steel Industry Looks Set for A Solid Q3 Earnings SeasonRobust domestic demand and the price surge helped U.S. steel companies deliver strong results in the second quarter. These companies are benefiting from spread expansion as a significant spurt in HRC prices has more than offset higher ferrous scrap costs. Higher demand and a favorable pricing environment are likely to help U.S. steel producers to continue the momentum in the third quarter.Some of the prominent U.S. steel producers recently came up with an upbeat guidance for the September quarter. Nucor said that it expects to log record quarterly earnings in the third quarter, driven by strong demand across most of its end-markets and higher average selling prices. Steel Dynamics also sees record quarterly performance, supported by strong underlying steel demand and significant metal spread expansion, especially within the flat roll steel operations.U.S. Steel expects record third-quarter results driven by its Best for All business model, strong reliability and quality performance, persistent customer demand as well as sustained rise in steel selling prices. Olympic Steel, Inc. ZEUS, last month, said that it expects a strong third quarter on strong market dynamics and record-high prices.Nucor, Steel Dynamics and U.S. Steel each sports a Zacks Rank #1 (Strong Buy), while Olympic Steel has a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank stocks here. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.Click here for the 4 trades >>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 Steel Dynamics, Inc. (STLD): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report Nucor Corporation (NUE): Free Stock Analysis Report Olympic Steel, Inc. (ZEUS): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksSep 23rd, 2021

Costco (COST) Gains But Lags Market: What You Should Know

In the latest trading session, Costco (COST) closed at $452.39, marking a +0.38% move from the previous day. In the latest trading session, Costco (COST) closed at $452.39, marking a +0.38% move from the previous day. This move lagged the S&P 500's daily gain of 0.75%.Prior to today's trading, shares of the warehouse club operator had lost 2.73% over the past month. This has lagged the Retail-Wholesale sector's loss of 2.43% and the S&P 500's loss of 0.05% in that time.Wall Street will be looking for positivity from COST as it approaches its next earnings report date. On that day, COST is projected to report earnings of $2.52 per share, which would represent year-over-year growth of 10.04%. Meanwhile, our latest consensus estimate is calling for revenue of $47.75 billion, up 10.52% from the prior-year quarter.COST's full-year Zacks Consensus Estimates are calling for earnings of $11.90 per share and revenue of $211.93 billion. These results would represent year-over-year changes of +7.4% and +8.17%, respectively.It is also important to note the recent changes to analyst estimates for COST. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.79% higher. COST is holding a Zacks Rank of #2 (Buy) right now.Digging into valuation, COST currently has a Forward P/E ratio of 37.88. This represents a premium compared to its industry's average Forward P/E of 21.15.Meanwhile, COST's PEG ratio is currently 4.42. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Discount Stores stocks are, on average, holding a PEG ratio of 2.04 based on yesterday's closing prices.The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 89, putting it in the top 36% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 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 Costco Wholesale Corporation (COST): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks8 hr. 53 min. ago

Berkshire Hathaway B (BRK.B) Outpaces Stock Market Gains: What You Should Know

Berkshire Hathaway B (BRK.B) closed at $284.21 in the latest trading session, marking a +0.91% move from the prior day. Berkshire Hathaway B (BRK.B) closed the most recent trading day at $284.21, moving +0.91% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.75%.Coming into today, shares of the company had gained 1.49% in the past month. In that same time, the Finance sector gained 1.42%, while the S&P 500 lost 0.05%.BRK.B will be looking to display strength as it nears its next earnings release. In that report, analysts expect BRK.B to post earnings of $3.03 per share. This would mark year-over-year growth of 31.74%.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $11.79 per share and revenue of $320.12 billion. These totals would mark changes of +28.57% and +30.39%, respectively, from last year.Investors might also notice recent changes to analyst estimates for BRK.B. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. BRK.B is currently sporting a Zacks Rank of #1 (Strong Buy).Investors should also note BRK.B's current valuation metrics, including its Forward P/E ratio of 23.89. For comparison, its industry has an average Forward P/E of 15.1, which means BRK.B is trading at a premium to the group.Meanwhile, BRK.B's PEG ratio is currently 3.41. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Insurance - Property and Casualty industry currently had an average PEG ratio of 2.1 as of yesterday's close.The Insurance - Property and Casualty industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 156, which puts it in the bottom 39% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions. 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 Berkshire Hathaway Inc. (BRK.B): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks8 hr. 53 min. ago

Kinder Morgan (KMI) Gains But Lags Market: What You Should Know

Kinder Morgan (KMI) closed at $18.46 in the latest trading session, marking a +0.44% move from the prior day. In the latest trading session, Kinder Morgan (KMI) closed at $18.46, marking a +0.44% move from the previous day. The stock lagged the S&P 500's daily gain of 0.75%.Heading into today, shares of the oil and natural gas pipeline and storage company had gained 13.74% over the past month, lagging the Oils-Energy sector's gain of 14.35% and outpacing the S&P 500's loss of 0.05% in that time.KMI will be looking to display strength as it nears its next earnings release, which is expected to be October 20, 2021. In that report, analysts expect KMI to post earnings of $0.23 per share. This would mark year-over-year growth of 9.52%. Meanwhile, our latest consensus estimate is calling for revenue of $3.21 billion, up 9.99% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $1.32 per share and revenue of $14.7 billion, which would represent changes of +50% and +25.68%, respectively, from the prior year.Any recent changes to analyst estimates for KMI should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.08% higher. KMI is currently a Zacks Rank #2 (Buy).Valuation is also important, so investors should note that KMI has a Forward P/E ratio of 13.97 right now. This valuation marks a discount compared to its industry's average Forward P/E of 17.7.It is also worth noting that KMI currently has a PEG ratio of 4.66. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Oil and Gas - Production and Pipelines stocks are, on average, holding a PEG ratio of 3.68 based on yesterday's closing prices.The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 101, which puts it in the top 40% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions. 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 Kinder Morgan, Inc. (KMI): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks8 hr. 53 min. ago

Plug Power (PLUG) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Plug Power (PLUG) closed at $31.23, marking a -1.82% move from the previous day. Plug Power (PLUG) closed at $31.23 in the latest trading session, marking a -1.82% move from the prior day. This change lagged the S&P 500's 0.75% gain on the day.Coming into today, shares of the alternative energy company had gained 27.39% in the past month. In that same time, the Industrial Products sector lost 2.53%, while the S&P 500 lost 0.05%.Wall Street will be looking for positivity from PLUG as it approaches its next earnings report date. In that report, analysts expect PLUG to post earnings of -$0.09 per share. This would mark year-over-year growth of 18.18%. Meanwhile, our latest consensus estimate is calling for revenue of $150.04 million, up 40.24% from the prior-year quarter.Any recent changes to analyst estimates for PLUG should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.68% lower. PLUG is currently sporting a Zacks Rank of #5 (Strong Sell).The Manufacturing - Electronics industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 240, putting it in the bottom 6% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions. 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 Plug Power, Inc. (PLUG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks8 hr. 53 min. ago

Zscaler (ZS) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Zscaler (ZS) closed at $292.70, marking a -0.4% move from the previous day. Zscaler (ZS) closed the most recent trading day at $292.70, moving -0.4% from the previous trading session. This change lagged the S&P 500's 0.75% gain on the day.Coming into today, shares of the cloud-based information security provider had gained 7.11% in the past month. In that same time, the Computer and Technology sector lost 2.38%, while the S&P 500 lost 0.05%.Investors will be hoping for strength from ZS as it approaches its next earnings release. The company is expected to report EPS of $0.12, down 14.29% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $212.29 million, up 48.89% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.55 per share and revenue of $951.11 million. These totals would mark changes of +5.77% and +41.3%, respectively, from last year.Investors might also notice recent changes to analyst estimates for ZS. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ZS is holding a Zacks Rank of #5 (Strong Sell) right now.Valuation is also important, so investors should note that ZS has a Forward P/E ratio of 533.27 right now. For comparison, its industry has an average Forward P/E of 27.74, which means ZS is trading at a premium to the group.It is also worth noting that ZS currently has a PEG ratio of 15.48. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. ZS's industry had an average PEG ratio of 4.19 as of yesterday's close.The Internet - Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 154, which puts it in the bottom 40% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 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 Zscaler, Inc. (ZS): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks8 hr. 53 min. ago

Restoration Hardware (RH) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Restoration Hardware (RH) closed at $659.07, marking a +0.85% move from the previous day. Restoration Hardware (RH) closed the most recent trading day at $659.07, moving +0.85% from the previous trading session. This change outpaced the S&P 500's 0.75% gain on the day.Coming into today, shares of the furniture and housewares company had lost 4.66% in the past month. In that same time, the Retail-Wholesale sector lost 2.43%, while the S&P 500 lost 0.05%.Investors will be hoping for strength from RH as it approaches its next earnings release. The company is expected to report EPS of $6.70, up 8.06% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $985.98 million, up 16.71% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $25.90 per share and revenue of $3.76 billion. These totals would mark changes of +45.26% and +31.91%, respectively, from last year.Investors might also notice recent changes to analyst estimates for RH. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. RH is holding a Zacks Rank of #1 (Strong Buy) right now.Valuation is also important, so investors should note that RH has a Forward P/E ratio of 25.24 right now. For comparison, its industry has an average Forward P/E of 15.15, which means RH is trading at a premium to the group.It is also worth noting that RH currently has a PEG ratio of 1.34. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. RH's industry had an average PEG ratio of 1.34 as of yesterday's close.The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 45, which puts it in the top 18% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 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 RH (RH): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks8 hr. 53 min. ago

Innovative Industrial Properties (IIPR) Stock Sinks As Market Gains: What You Should Know

Innovative Industrial Properties (IIPR) closed at $239.05 in the latest trading session, marking a -1.56% move from the prior day. In the latest trading session, Innovative Industrial Properties (IIPR) closed at $239.05, marking a -1.56% move from the previous day. This move lagged the S&P 500's daily gain of 0.75%.Prior to today's trading, shares of the company had gained 3.13% over the past month. This has outpaced the Finance sector's gain of 1.42% and the S&P 500's loss of 0.05% in that time.Wall Street will be looking for positivity from IIPR as it approaches its next earnings report date. The company is expected to report EPS of $1.72, up 34.38% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $52.8 million, up 53.8% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $6.71 per share and revenue of $200.8 million, which would represent changes of +34.2% and +71.78%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for IIPR. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.23% lower. IIPR is currently a Zacks Rank #3 (Hold).Looking at its valuation, IIPR is holding a Forward P/E ratio of 36.19. For comparison, its industry has an average Forward P/E of 18.67, which means IIPR is trading at a premium to the group.The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 78, putting it in the top 31% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 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 Innovative Industrial Properties, Inc. (IIPR): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks8 hr. 53 min. ago

Palo Alto Networks (PANW) Outpaces Stock Market Gains: What You Should Know

Palo Alto Networks (PANW) closed at $507.85 in the latest trading session, marking a +0.97% move from the prior day. Palo Alto Networks (PANW) closed at $507.85 in the latest trading session, marking a +0.97% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.75%.Coming into today, shares of the security software maker had gained 3.73% in the past month. In that same time, the Computer and Technology sector lost 2.38%, while the S&P 500 lost 0.05%.Investors will be hoping for strength from PANW as it approaches its next earnings release. On that day, PANW is projected to report earnings of $1.57 per share, which would represent a year-over-year decline of 3.09%. Meanwhile, our latest consensus estimate is calling for revenue of $1.2 billion, up 27.2% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $7.24 per share and revenue of $5.31 billion. These totals would mark changes of +17.92% and +24.68%, respectively, from last year.Any recent changes to analyst estimates for PANW should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. PANW is currently a Zacks Rank #2 (Buy).Valuation is also important, so investors should note that PANW has a Forward P/E ratio of 69.5 right now. This represents a premium compared to its industry's average Forward P/E of 44.06.We can also see that PANW currently has a PEG ratio of 2.71. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Security was holding an average PEG ratio of 2.65 at yesterday's closing price.The Security industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 108, which puts it in the top 43% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 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 Palo Alto Networks, Inc. (PANW): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks8 hr. 53 min. ago

Schlumberger (SLB) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Schlumberger (SLB) closed at $34, marking a +1.43% move from the previous day. In the latest trading session, Schlumberger (SLB) closed at $34, marking a +1.43% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.75%.Coming into today, shares of the world's largest oilfield services company had gained 16.15% in the past month. In that same time, the Oils-Energy sector gained 14.35%, while the S&P 500 lost 0.05%.Wall Street will be looking for positivity from SLB as it approaches its next earnings report date. This is expected to be October 22, 2021. The company is expected to report EPS of $0.35, up 118.75% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.93 billion, up 12.83% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $1.26 per share and revenue of $22.97 billion, which would represent changes of +85.29% and -2.68%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for SLB. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.67% higher. SLB is holding a Zacks Rank of #2 (Buy) right now.Investors should also note SLB's current valuation metrics, including its Forward P/E ratio of 26.59. This represents a discount compared to its industry's average Forward P/E of 31.9.The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 104, which puts it in the top 41% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 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 Schlumberger Limited (SLB): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks8 hr. 53 min. ago

Gold’s Journey Signals To Dollars Instability and Supply Chain Issues

Gold had an interesting week, as the start of the fourth quarter draws in mixed reports, stemming from weak jobs reports, continued COVID-19 restrictions, record-high oil prices, supply chain bottleneck, and inflation. The Fed continues to give mix signals as to what policies they will implement to help curb inflation and give a substantial boost […] Gold had an interesting week, as the start of the fourth quarter draws in mixed reports, stemming from weak jobs reports, continued COVID-19 restrictions, record-high oil prices, supply chain bottleneck, and inflation. The Fed continues to give mix signals as to what policies they will implement to help curb inflation and give a substantial boost to the economy. Recently, the Fed’s Jerome Powell mentioned the possibility of tapering COVID era policies, but yet, we do not know what tapering measures will be implemented. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q3 2021 hedge fund letters, conferences and more Government Spending In Washington, the battle continues between liberals and conservatives on issues about the debt ceiling, the massive $1.2 trillion infrastructure bill, and government funding. Conservatives believe the government cannot afford to fund the new proposed projects the Democrats are demanding. The US’s debt currently stands at $28.8 trillion. Some Democrats have even proposed the minting of a $1 trillion coin to be deposited in the US Treasury to fund the numerous amount of government services. Many economists believe that will have insignificant effects on curbing debt woes, saying that changing monetary policy is one solution to fixing our economic issues. U.S. Treasury Secretary Janet Yellen said she does not intend to mint a 1 trillion dollar coin to help pay for the government expenses. Labor Shortage Unemployment has increased in the weeks following the end of stimulus relief. Many low-paying salaried employees have decided to opt-out of returning to work. Many people in the service industry have not returned to work since the U.S shutdown of businesses last year, due to COVID restrictions. With the increased work from home phenomena and automation taking over menial jobs, there is no going back. Another factor to increased unemployment comes from newly enforced vaccination policies that have left many without a job. The Biden Administration is set to implement more COVID-19 vaccine mandates for employers by December. This fall season, with new impending COVID-19 regulations, labor shortages, and supply chain issues, businesses are struggling to stay afloat. Since 2020, over 200,000 businesses were forced to shutter, adding to the nation’s economic woes. Supply Chain Bottlenecks Are Aggravating Markets If the labor shortage wasn’t enough to aggravate markets, the supply chain issue is surely bringing on the pain. As inflation continues to increase at an alarming pace, many consumers are wondering when prices will cool off. Recently, the Fed stated that inflation is transitory and will cool off once supply chain issues are corrected. But is that exactly true? The Fed seems to overlook the fact that their unlimited supply of cheap money circulating the economy has increased demand for goods and services. More money people have to spend because of easy credit and extra money saved over the pandemic has lead consumers to purchase goods at very high rates. U.S. household wealth reached a high of $141.7 trillion. Homeowners saw their net worth increase with the housing market, with many people taking advantage of low-interest rates. As of Oct. 15, retail sales were up 0.7%. The chip shortage is another factor with the lack of highly demanded supplies like automobiles, electronics, machinery, and other high-tech equipment available. As a result, car prices, both new and used have skyrocketed. Car manufactures cannot keep up with production and have lead people to the used car market. Ps5s and gaming equipment has become scarce as well. Manufacturers are trying to keep up with production, but with the labor shortage, COVID-19 restrictions, and energy crisis, it seems like the problem will continue way into 2022. Energy Crisis Adding To Supply Chain Problem The current energy crisis is causing industrial powerhouses, China and India, to shut down factories in many of their provinces. China is struggling to source coal after several storms impeded coal production. Oil prices hit past $80 this week. The US, UK, and the EU have demanded OPEC+ to boost output but seems to fall on deaf ears. The U.S. has suggested using the nation’s emergency supply to help relieve record-high gas prices Americans are currently enduring. Analysts have voiced concerns, that if oil and gas demands aren’t meet, we can soon see oil prices hit above the $100 mark. Gold And Bitcoin Standing Tall As the dollar struggles to make significant gains, gold and Bitcoin have attracted many investors who worry about a dollar collapse. As of Oct. 15, Bitcoin passed to the $60,000 mark, with many saying that it will soon pass $70,000. The current rate of inflation is sounding an alarm bell with many suggesting that stagflation can certainly be upon us. Gold, silver, platinum, and palladium had an interesting week, with gold surging past $1,800. Seeing as the Fed is surely out of tools to stop the rate of inflation, many savvy investors are hedging their assets with gold as a way to protect their wealth. We will see what next week has in store for us. Updated on Oct 15, 2021, 4:26 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalk11 hr. 37 min. ago

62 affordable yet thoughtful gifts for her that are all under $50

We've found 62 gifts she's sure to love, and none cost more than $50. From jewelry to cookbooks and plants to painting kits, we have you covered. When you buy through our links, Insider may earn an affiliate commission. Learn more. Uncommon Goods If you're looking for an affordable gift for her, here's a list of 62 options under $50. Whether for the holidays, a birthday, or just because, she'll love any of these thoughtful picks. Still looking for a gift? Check out our list of the All-Time Best products we've ever tested. Gift-giving isn't always easy, no matter how well you know the person you're shopping for. If she's interested in tech, there are a million options to choose from. The same goes for beauty products, kitchen gadgets, books, subscriptions, and so on. It also depends on who you're shopping for, whether it's your sister, mom, partner, or friend.To make it easier, we've put together a list of great gifts under $50 that we think she'll love, no matter the occasion. And in case you're shopping for a last-minute gift, most of these items are available with expedited shipping, and some should arrive within a few days.Here are 62 gift ideas for her, all under $50: A trio of succulents for the aspiring plant person The Sill; Business Insider Succulent Assortment, available at The Sill, from $19For plant newbies, there's nothing better than to start with tiny succulents. Marked by the brand as best for beginners, the fresh houseplants will be delivered straight to her doorstep. This assortment can include either three succulents or six succulents, with both options under $50. Read our full review of The Sill here. The at-home blowout tool Amazon One-Step Hair Dryer And Volumizer Hot Air Brush, available at Amazon, $34.89This all-in-one hairdryer from Revlon garnered a large following online and won the hearts of the Insider Reviews team. It rivals luxury hair tools at a fraction of the price. It's a gamechanger for cutting down on time and heat damage to your hair without sacrificing your look. Read our full review of the Revlon One-Step Hair Dryer and Volumizer Hot Air Brush here. A DIY birth month flower kit Uncommon Goods Birth Month Flower Grow Kit, available at Uncommon Goods, $35For a twist on the traditional bouquet, give her this flower kit that's an easy and fun project. She'll appreciate the personal touch of choosing her birth month flower, whether it be a sunflower, daisy, or marigold. A pair of wearable weights Uncommon Goods Balabangles Wearable Weights, available at Uncommon Goods, $49If she's into fitness, these one-pound weights are a chic and comfy choice. They are adjustable and can be worn on the wrists or ankles. Available in either black or pink soft silicone material, this stylish workout tool adds intensity to any workout or everyday chores. A simple yet sweet bracelet Catbird Catbird Two Souls Bracelet in Baby Blue, available at Catbird, $24There's nothing quite like pearls, and this simple but elegant bracelet has a couple nestled together. An Amazon Echo Dot Amazon An Echo Dot (4th generation), available at Amazon, $34.99Maybe she needs something better than her phone or her laptop to play music. This isn't exactly a booming sound system by any means, but it will more than suffice.  A massager to melt away tension Zyllion Shiatsu Massager, available at Amazon, $49.95This shiatsu massager is one of the best things we've ever bought. It kneads away tension and stress in the back and shoulders and can even be used on sore leg muscles after a workout. She'll be thanking you for years to come.Read our full review of the Zyllion Shiatsu Massager here.  A live lobster dinner Lobster Anywhere A live 1.5-pound lobster, available at Lobster Anywhere, $44.95Maybe you're too far away for a romantic dinner this year, but that doesn't mean you can't spoil her. Or maybe you are home — tack on another one for yourself and cook her a dinner to remember. A customizable photo book Artifact Uprising; Business Insider Color Series Photo Book, available at Artifact Uprising, from $22Get a little sentimental by commemorating their life highlights with this custom photo book. You can choose from 10 colors and fill up to 30 pages with photos, cool layouts, and special messages. A letter subscription service for the history buff Uncommon Goods History by Mail Six-Month Subscription, available at Uncommon Goods, $40Once a month for six months, this mail subscription service will send detailed replicas of historical documents, like Albert Einstein's correspondence with FDR. A team of archivists digs up fascinating historical documents, and graphic designers replicate them — handwriting, signatures, and all.  A picnic blanket that's super comfortable Moosejaw Victory Blanket, available at Moosejaw, $43.99This blanket has a soft flannel top and waterproof bottom, plus straps to keep it compact and loops to hold it down on windier days. We've even ranked this one as the best for comfort in our guide to the best picnic blankets. A puzzle that commemorates a special date Uncommon Goods New York Times Custom Front Page Puzzle, available at Uncommon Goods, from $49.95Celebrate her special day — birthday, anniversary, or milestone — with this interactive memento. Enter any date since 1851 and find the New York Times front page printed from that exact date. An all-purpose tote with a detachable wristlet Nordstrom Street Level Reversible Faux Leather Tote and Wristlet, available at Nordstrom, $49A plain tote may seem like a boring gift, but this one is reversible and features a detachable wristlet. You're getting three different bags for $50. It's a utilitarian gift with a fashion-friendly twist. A workout tee for all seasons Under Armour; Business Insider Women's UA Tech Twist V-Neck, available at Under Armour, $24.99This bestselling workout shirt from Under Armour will keep them moving with four-way stretch construction and quick-drying, sweat-wicking fabric. Its looser fit makes it comfortable, and it comes in 15 colors. A wearable sherpa blanket Amazon The Comfy Oversized Wearable Blanket, available at Amazon, $44.95As seen on Shark Tank, this wearable blanket lets you take comfort wherever you go. The plush, fluffy lining will keep her warm and cozy while lounging, camping, and more. Choose from 17 fun colors and opt for the original hoodie style or the quarter zip. Its large, oversized design is one size fits all. A reusable tote bag for trips to the market The Little Market Shopping Tote - Market Finds, available at The Little Market, starting from $20This tote is both a convenient and sturdy way to take home your groceries. It's handmade and supports artisan women in rural Bangladeshi communities. A box of chocolate bars from Madagascar The Little Market Chocolate from Madagascar Flight, available at The Little Market, $34The chocolate connoisseur in your life will savor this gift box of four dark chocolate bars from Madagascar. She can indulge in flavors like Salted Almond, 80% Dark, Toasted Coconut, and Sea Salt, but you can also opt out of specific flavors to fit her taste preferences. A painting kit for beginners Uncommon Goods Springtime Paint-by-Number Kit, available at Uncommon Goods, $30If she's artistic — or strives to be — she'll appreciate this painting kit that anyone can follow with ease. Creating her work of art will take up to three hours, but she'll end up with a frame-worthy masterpiece. A coffee-and-tea bundle Bean Box A coffee and tea tasting box, available at Bean Box, $46For your favorite fan of both morning beverages, Bean Box offers a gift box with four coffees and four teas. A Kindle case that looks like her favorite book Amazon KleverCase Kindle Paperwhite Case, available at Amazon, from $29.95You'll find many classic book covers cleverly printed onto Kindle cases, along with one that looks like an unmarked leather-bound book. All she has to do is pop it on her e-reader. An exceptionally useful set of silicone container lids Food52 Five Two Airtight Silicone Lids, available at Food52, $40If she enjoys cooking, chances are she's probably spent a good amount of time trying to find the right container and lid for her leftovers. These silicone lids are a snap. All you have to do is pop one over a bowl or baking dish, and you get an airtight seal for easy storage in the fridge. A cold brew maker Amazon; Business Insider Patented Deluxe Cold Brew Iced Coffee Maker, available at Amazon, $22.20Caffeine lovers who can't get enough of their favorite drink tend to spend a lot of money at coffee shops to get their fix. Make it easier for her to drink cold brew at home with this simple-to-use brewing pitcher.Read our full review of the Takeya Patented Deluxe Cold Brew Ice Coffee Maker here. Wine-inspired bath soaps Uncommon Goods Set of Four Wine Soaps, available at Uncommon Goods, $30This all-natural vegan soap mimics red and white wines with its oils and scents, offering a unique way to wind down after a long day. The set includes chardonnay, cabernet, pinot noir, and pinot grigio. An Alexa-enabled smart plug Amazon; Business Insider Alexa-Enabled Smart Plug, available at Amazon, $24.99This voice-controlled smart plug allows her to control lights, chargers, and whatever else she wants through Alexa. She can also use the Alexa app to turn the outlets on and off if she doesn't have an Echo. An inexpensive accessory for her phone Amazon; Business Insider PopSockets, available at Amazon, from $10PopSocket Grips are an inexpensive but extremely useful gift she'll be happy to have. She can stick them on the back of her phone, Kindle, iPad, or any other device to create a comfortable grip that allows her to hold her device one-handed. A perfume subscription Scentbird Scentbird subscription, three months for $44If she loves to switch up her scents, Scentbird is an affordable service that lets her choose a month's supply of perfume from thousands of well-known and new fragrances. With a three-month subscription, she can try something new or stick to the ones she knows and loves. A monthly book subscription Book of the Month Club Book of the Month, three months, starting at $49.99Each month, this service curates five book choices — some of them early release — and she'll choose her favorite. The service will send the book directly to her. She can also skip a month if she's behind on her reading. A portable charger that also lights up the bottom of her bag The Grommet Smart Handbag Light and Charger, available at Uncommon Goods, $35.95No more frantically searching for gum or lip balm at the bottom of her giant tote bag — this little light can be attached to her keychain or even a zipper on her bag so she can easily see everything in its depths. It can also charge her phone. A monthly subscription to handpicked rental jewelry pieces Rocksbox/Insider Rocksbox Jewelry Subscription Box, available at Rocksbox, $21 per monthIt's hard to gift jewelry she'll love, so give her options. This monthly subscription box offers three pieces of jewelry for rent, according to her style. From a choker necklace to statement earrings, the choices are vast. The monthly membership allows her to wear and swap sets whenever she likes, with the option to buy them for an additional price. An adjustable rolling pin Amazon; Business Insider Adjustable Rolling Pin, available at Amazon, from $24.99Anyone who loves to bake will appreciate this adjustable rolling pin that allows for more precision with dough thickness. All she'll have to do is remove or add the different-sized rings and let them guide her. A letter board where she can leave notes or fun messages Amazon/Business Insider Felt Like Sharing Felt Letter Board, available at Amazon, from $23.95Sporting events, holidays, parties — there are a ton of occasions during which these come in handy. She'll also love being able to play around with it day to day at home with her favorite lyrics, phrases, or even messages to roommates. A pretty place to keep her phone Uncommon Goods Bedside Smartphone Vase, available at Uncommon Goods, $32This bedside vase is a fun way to spruce up her nightstand, whether with fresh or faux flowers. It also works beautifully in the kitchen if she likes to follow recipes using her phone. A wine saver for open bottles Amazon; Business Insider Wine Saver, available at Amazon, $14.95Sometimes you just can't finish the bottle of wine. That's when the Vacu Vin comes in. It's a simple, small gadget that removes the oxygen from your open bottle and gives it an airtight seal to preserve the freshness and prevent oxidation. A trendy candle she's probably already got her eyes on Otherland Otherland Candles available at Otherland, $36An Otherland candle makes for one of the best gifts you can give for any occasion. They come beautifully packaged, and they feature scents that are complex and rich.Read our full review of Otherland candles here. A popular cookbook she's probably seen on Instagram Amazon; Business Insider "Dessert Person" by Claire Saffitz, available at Target, $22.24Whether she's new to the kitchen or it's her favorite room in the house, she can try lots of easy-to-make desserts from Claire Saffitz's cookbook.The Insider Reviews team has also loved "Indian-ish: Recipes and Antics from a Modern American Family" by Priya Krishna, which is chock full of Indian-American and nontraditional recipes like Roti Pizza and Saag Feta. Check out our guide to the best cookbooks here.  A flexible herb garden for the home Uncommon Goods; Business Insider Mason Jar Indoor Herb Garden, available at Uncommon Goods, $22She doesn't need a green thumb to make these herbs grow. These pretty jars can hold fresh basil for sauces, mint to kick up her cocktail game, and more. A way for her to share and pass down memories and traditions Uncommon Goods My Life Story So Far, available at Uncommon Goods, $30This book is like a guided journal for her to record her memories, accomplishments, and experiences. No matter her age, it's something she'll undoubtedly enjoy keeping track of and sharing with others. A natural body scrub Herbivore Botanicals Coco Rose Exfoliating Body Scrub, available at Sephora, $36Pamper her with this coconut-and-rose-infused body scrub that gently exfoliates. It'll leave her skin feeling soft and moisturized – not to mention she'll smell wonderful wherever she goes. You can read more about this product in our guide to the best body scrubs.  A tablet for easy entertainment Amazon Fire 7 Tablet with Alexa, available at Best Buy, $49.99Great for traveling or lounging at home, the Amazon Fire 7 Tablet is an affordable way to stay connected to all her favorite apps, games, and streaming services on a larger screen than her phone. A fashion-friendly belt bag Nordstrom Herschel Belt Bag, available at Nordstrom, from $32Belt bags (aka fanny packs) are making a comeback. They're practical and a simple way to add a stylish pop to any outfit. An excellent cookbook for entertainers Amazon; Business Insider "Platters and Boards: Beautiful, Casual Spreads for Every Occasion" by Shelly Westerhausen, available at Amazon, $15.38If having people over is more of a pleasure than a chore for her, she'll adore this cookbook full of clever recipe ideas for casual entertaining. A comfy neck pillow for trains and planes Amazon Neck Pillow, available at Amazon, $29.99If she goes on a lot trips (or has travel anxiety), the gift of comfort is one she'll appreciate.Read our full review of the Trtl Neck Pillow here. A smart way for her to stay organized while traveling Amazon; Business Insider Travel Cord Roll, available at Uncommon Goods, $20Frequent travelers need a way to keep all their cords and cables organized. This leather roll-up organizer has eight slots for cords and headphones, plus a pouch where your charger base can fit. A clever way to collect accomplishments and hopes Uncommon Goods Birthstone Wishing Balls, available at Uncommon Goods, $34These lovely, handblown glass balls have a small hole at the base. Your giftee writes a wish or achievement on one of the 52 included slips of paper. A year later, she'll have a display piece full of meaning. A guide full of inspiration for her future adventures Anthropologie; Business Insider "The Bucket List" by Kath Stathers, available at Anthropologie and Amazon, from $21.49This worldwide bucket list won't cure her wanderlust, but it'll definitely provide her inspiration and fodder for planning her travels. A tinted lip balm with sun protection Nordstrom Sugar Tinted Lip Treatment, available at Nordstrom, $24If her beauty preferences tend to be more natural, she likely loves a good tinted lip balm. Fresh makes some of the best — the color options are universally flattering, and the formula is smooth, hydrating, and buttery. We've even named this the best option with SPF in our guide to the best tinted lip balms.  An armband that holds her phone on runs or at the gym Amazon Water-Resistant Arm Band, available at Amazon, $14.98If she loves to run or spends a lot of time at the gym, this top-rated armband will be a lifesaver. Just make sure you know what model phone she carries, as the sizing may differ. A makeup and skincare subscription Birchbox Birchbox three-month gift subscription, $45Birchbox is a skincare and makeup subscription that sends tons of beauty samples to test out and play around with. If she loves any of them, she can easily buy the full-sized version through the service. You can opt to give a longer subscription if you'd like. Read our full review of Birchbox here. A convenient yoga mat carrier Amazon Go Play Yoga Mat Bag, available at Manduka, $35If she's a fitness enthusiast who frequents local yoga classes, a carrying strap will make her life much easier (especially if she walks or takes public transportation to class). A dainty pair of hoops Maison Miru Shooting Star Open Hoop Earrings, available at Maison Miru, $50So many people on the Insider Reviews team have a pair of these open hoops. Their horseshoe shape is just different enough to set them apart, while a tiny, twinkly cubic zirconia catches the light to add a bit of sparkle. A puzzle of her heroines Uncommon Goods Nevertheless She Persisted Puzzle, available at Uncommon Goods, $18This puzzle features illustrations of both prominent and lesser-known women who have shaped and changed the course of history. A portable external battery Amazon PowerCore 10,000mAh External Battery, available at Amazon, $24.99A good external battery is one of those practical gifts she probably needs but won't buy herself. Treat her to a good one that holds enough juice to charge her iPhone three times or her Galaxy twice. Reusable produce bags Amazon Reusable mesh produce bags (5-pack), available at Amazon, $7.47If she's an avid grocery shopper who opts for eco-friendly products, she'll appreciate this functional and sustainable set of mesh produce bags. The color-coded tags and drawstrings will help keep things organized. A cozy throw blanket to keep her warm L.L.Bean Wicked Plush Throw, available at L.L.Bean, from $29.95This blanket has been a fan favorite for a while, which is why L.L.Bean carries this new and improved version. The brandmade the blanket even softer with 100% polyester that's been brushed on both sides. It's so soft she'll want to be wrapped in it at all times, which is why we've also included it in our guide to the best throw blankets. An interactive cooking class Sur La Table Sur La Table Online Cooking Classes, starting $29 per householdWith Sur La Table's virtual cooking classes, she can follow along with expert chefs live from the comfort of her kitchen. These hands-on 90- to 120-minute classes cover everything from seasonal dishes to cocktails and desserts. The be-all, end-all in French cookbooks Amazon Mastering the Art of French Cooking, Volume One, available at Amazon, $23.99There might be no compendium of French recipes more definitive than Julia Child's, and there's always Volume Two for next year. Also, you may get some great meals out thanks to this gift. A personalized video message from her favorite celebrity Cameo Personalized video message, starting at $1, available at CameoCameo has tons of famous people she might want a personalized video message from. There's something for almost everyone on Cameo, with prices as low as $1. You can choose a category, like reality TV or athletes, and filter by price and how long it takes to get a response. Read more about Cameo and how to use Cameo. An elegant bottle holder Pottery Barn Wood Marble Wine Cooler, available at Pottery Barn, $39.95This elegant marble-wood bottle holder keeps her favorite wine cool for hours on end. When she isn't staging it next to a charcuterie board, the holder is just a bouquet away from doubling as a vase.  A simple knitting kit for beginners We Are Knitters Braille Beanie Knitting Kit, available at We Are Knitters, $44Whether she's new to knitting or a long-time pro, this crafty beanie kit has everything she needs — from the yarn, to the needles and, of course, the instructions. A customizable box of candy for adults Sugarfina Four-Piece Candy Bento Box, available at Sugarfina, $38Satisfy her sweet tooth with a custom box of candy. Sugarfina's candies are distinctly "adult" — but she'll still feel like a kid when she digs into a box of rosé gummies. A planner to help her stay organized Ivory Paper Co. All-In-One Planner, available at Ivory Paper Co., $49Working out your day, month, and year can sometimes feel overwhelming, but this planner makes life easier with its neat and straightforward layout. Plus, you can pick the start date and length of the planner and even add her name for a more personal touch. For more options, you can check out our roundup of the best planners.  A handcrafted set of minimalist coasters West Elm The Vintage Vogue Linea Coasters (Set of 4), available at West Elm, $29A clever way to keep her home clean and stylish is with these minimalist, chic coasters.  Read the original article on Business Insider.....»»

Category: dealsSource: nyt13 hr. 37 min. ago

Merck (MRK) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Merck (MRK) closed at $78.33, marking a -0.79% move from the previous day. Merck (MRK) closed the most recent trading day at $78.33, moving -0.79% from the previous trading session. This change lagged the S&P 500's daily gain of 1.71%.Prior to today's trading, shares of the pharmaceutical company had gained 8.43% over the past month. This has outpaced the Medical sector's loss of 5.62% and the S&P 500's loss of 2.25% in that time.MRK will be looking to display strength as it nears its next earnings release, which is expected to be October 28, 2021. In that report, analysts expect MRK to post earnings of $1.52 per share. This would mark a year-over-year decline of 12.64%. Meanwhile, our latest consensus estimate is calling for revenue of $12.42 billion, down 1.03% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $5.67 per share and revenue of $48.25 billion. These totals would mark changes of -4.55% and +0.54%, respectively, from last year.It is also important to note the recent changes to analyst estimates for MRK. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.77% higher. MRK is currently a Zacks Rank #3 (Hold).Looking at its valuation, MRK is holding a Forward P/E ratio of 13.93. This valuation marks a premium compared to its industry's average Forward P/E of 13.43.Also, we should mention that MRK has a PEG ratio of 2.21. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. MRK's industry had an average PEG ratio of 2.04 as of yesterday's close.The Large Cap Pharmaceuticals industry is part of the Medical sector. This group has a Zacks Industry Rank of 84, putting it in the top 34% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 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 Merck & Co., Inc. (MRK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks19 hr. 21 min. ago

RCM Technologies, Inc. (RCMT) Gains But Lags Market: What You Should Know

RCM Technologies, Inc. (RCMT) closed the most recent trading day at $6.35, moving +0.63% from the previous trading session. RCM Technologies, Inc. (RCMT) closed at $6.35 in the latest trading session, marking a +0.63% move from the prior day. This change lagged the S&P 500's 1.71% gain on the day.Prior to today's trading, shares of the company had lost 16.65% over the past month. This has lagged the Business Services sector's loss of 5.79% and the S&P 500's loss of 2.25% in that time.Investors will be hoping for strength from RCMT as it approaches its next earnings release. In that report, analysts expect RCMT to post earnings of -$0.02 per share. This would mark no growth from the year-ago period. Our most recent consensus estimate is calling for quarterly revenue of $42.22 million, up 33.77% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.32 per share and revenue of $184.35 million. These totals would mark changes of +143.84% and +22.56%, respectively, from last year.Investors should also note any recent changes to analyst estimates for RCMT. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. RCMT is currently a Zacks Rank #1 (Strong Buy).Investors should also note RCMT's current valuation metrics, including its Forward P/E ratio of 19.72. This represents a premium compared to its industry's average Forward P/E of 14.64.The Staffing Firms industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 30, which puts it in the top 12% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 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 RCM Technologies, Inc. (RCMT): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks19 hr. 21 min. ago

Abbott (ABT) Gains But Lags Market: What You Should Know

In the latest trading session, Abbott (ABT) closed at $117.57, marking a +0.49% move from the previous day. Abbott (ABT) closed at $117.57 in the latest trading session, marking a +0.49% move from the prior day. The stock lagged the S&P 500's daily gain of 1.71%.Prior to today's trading, shares of the maker of infant formula, medical devices and drugs had lost 8.23% over the past month. This has lagged the Medical sector's loss of 5.62% and the S&P 500's loss of 2.25% in that time.ABT will be looking to display strength as it nears its next earnings release, which is expected to be October 20, 2021. The company is expected to report EPS of $0.92, down 6.12% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $9.43 billion, up 6.52% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $4.42 per share and revenue of $39.88 billion, which would represent changes of +21.1% and +15.25%, respectively, from the prior year.Investors should also note any recent changes to analyst estimates for ABT. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.09% higher. ABT is currently sporting a Zacks Rank of #3 (Hold).Valuation is also important, so investors should note that ABT has a Forward P/E ratio of 26.48 right now. For comparison, its industry has an average Forward P/E of 25.2, which means ABT is trading at a premium to the group.We can also see that ABT currently has a PEG ratio of 2.23. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Medical - Products stocks are, on average, holding a PEG ratio of 2.1 based on yesterday's closing prices.The Medical - Products industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 32% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 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 Abbott Laboratories (ABT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks19 hr. 21 min. ago

Comstock Resources (CRK) Stock Sinks As Market Gains: What You Should Know

Comstock Resources (CRK) closed the most recent trading day at $9.21, moving -1.71% from the previous trading session. Comstock Resources (CRK) closed the most recent trading day at $9.21, moving -1.71% from the previous trading session. This move lagged the S&P 500's daily gain of 1.71%.Prior to today's trading, shares of the oil and gas company had gained 2.52% over the past month. This has lagged the Oils-Energy sector's gain of 11.88% and outpaced the S&P 500's loss of 2.25% in that time.Wall Street will be looking for positivity from CRK as it approaches its next earnings report date. This is expected to be November 2, 2021. On that day, CRK is projected to report earnings of $0.36 per share, which would represent year-over-year growth of 700%. Meanwhile, our latest consensus estimate is calling for revenue of $419.33 million, up 135.56% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.22 per share and revenue of $1.46 billion. These totals would mark changes of +430.43% and +70.42%, respectively, from last year.Investors might also notice recent changes to analyst estimates for CRK. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.91% higher. CRK is currently sporting a Zacks Rank of #1 (Strong Buy).Investors should also note CRK's current valuation metrics, including its Forward P/E ratio of 7.68. For comparison, its industry has an average Forward P/E of 10.44, which means CRK is trading at a discount to the group.The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 25, putting it in the top 10% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 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 Comstock Resources, Inc. (CRK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks19 hr. 21 min. ago

Fortinet (FTNT) Gains But Lags Market: What You Should Know

In the latest trading session, Fortinet (FTNT) closed at $313.81, marking a +1.2% move from the previous day. In the latest trading session, Fortinet (FTNT) closed at $313.81, marking a +1.2% move from the previous day. The stock lagged the S&P 500's daily gain of 1.71%.Coming into today, shares of the network security company had gained 2.84% in the past month. In that same time, the Computer and Technology sector lost 4.5%, while the S&P 500 lost 2.25%.Investors will be hoping for strength from FTNT as it approaches its next earnings release, which is expected to be November 4, 2021. The company is expected to report EPS of $0.94, up 6.82% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $809.86 million, up 24.38% from the prior-year quarter.For the full year, our Zacks Consensus Estimates are projecting earnings of $3.87 per share and revenue of $3.24 billion, which would represent changes of +15.52% and +24.85%, respectively, from the prior year.Any recent changes to analyst estimates for FTNT should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.59% lower within the past month. FTNT is currently a Zacks Rank #3 (Hold).Digging into valuation, FTNT currently has a Forward P/E ratio of 80.08. This valuation marks a premium compared to its industry's average Forward P/E of 43.73.Also, we should mention that FTNT has a PEG ratio of 5.62. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Security stocks are, on average, holding a PEG ratio of 2.65 based on yesterday's closing prices.The Security industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 107, which puts it in the top 43% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 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 Fortinet, Inc. (FTNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks19 hr. 21 min. ago

Barrick Gold (GOLD) Outpaces Stock Market Gains: What You Should Know

Barrick Gold (GOLD) closed the most recent trading day at $19.57, moving +1.77% from the previous trading session. Barrick Gold (GOLD) closed at $19.57 in the latest trading session, marking a +1.77% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.71%.Heading into today, shares of the gold and copper mining company had lost 0.67% over the past month, outpacing the Basic Materials sector's loss of 2.46% and the S&P 500's loss of 2.25% in that time.Investors will be hoping for strength from GOLD as it approaches its next earnings release, which is expected to be November 4, 2021. On that day, GOLD is projected to report earnings of $0.30 per share, which would represent a year-over-year decline of 26.83%. Our most recent consensus estimate is calling for quarterly revenue of $3.22 billion, down 9.09% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.24 per share and revenue of $12.4 billion. These totals would mark changes of +7.83% and -1.57%, respectively, from last year.It is also important to note the recent changes to analyst estimates for GOLD. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.44% lower. GOLD is currently sporting a Zacks Rank of #4 (Sell).Valuation is also important, so investors should note that GOLD has a Forward P/E ratio of 15.56 right now. Its industry sports an average Forward P/E of 15.25, so we one might conclude that GOLD is trading at a premium comparatively.It is also worth noting that GOLD currently has a PEG ratio of 7.78. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Mining - Gold stocks are, on average, holding a PEG ratio of 2.76 based on yesterday's closing prices.The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 210, putting it in the bottom 18% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow GOLD in the coming trading sessions, be sure to utilize Zacks.com. 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 Barrick Gold Corporation (GOLD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks19 hr. 21 min. ago

Honda Motor (HMC) Gains But Lags Market: What You Should Know

Honda Motor (HMC) closed the most recent trading day at $30.26, moving +0.67% from the previous trading session. Honda Motor (HMC) closed the most recent trading day at $30.26, moving +0.67% from the previous trading session. This change lagged the S&P 500's 1.71% gain on the day.Coming into today, shares of the automaker had lost 3.53% in the past month. In that same time, the Auto-Tires-Trucks sector gained 1.22%, while the S&P 500 lost 2.25%.Investors will be hoping for strength from HMC as it approaches its next earnings release. In that report, analysts expect HMC to post earnings of $0.77 per share. This would mark a year-over-year decline of 41.22%. Meanwhile, our latest consensus estimate is calling for revenue of $34.05 billion, down 1.04% from the prior-year quarter.HMC's full-year Zacks Consensus Estimates are calling for earnings of $3.65 per share and revenue of $137.38 billion. These results would represent year-over-year changes of +1.67% and +10.37%, respectively.Investors should also note any recent changes to analyst estimates for HMC. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 6.73% lower within the past month. HMC currently has a Zacks Rank of #3 (Hold).Looking at its valuation, HMC is holding a Forward P/E ratio of 8.24. This valuation marks a discount compared to its industry's average Forward P/E of 11.82.We can also see that HMC currently has a PEG ratio of 0.57. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Automotive - Foreign stocks are, on average, holding a PEG ratio of 0.42 based on yesterday's closing prices.The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 157, which puts it in the bottom 39% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 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 Honda Motor Co., Ltd. (HMC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks19 hr. 21 min. ago

Hibbett (HIBB) Gains But Lags Market: What You Should Know

Hibbett (HIBB) closed the most recent trading day at $74.95, moving +0.36% from the previous trading session. Hibbett (HIBB) closed at $74.95 in the latest trading session, marking a +0.36% move from the prior day. The stock lagged the S&P 500's daily gain of 1.71%.Heading into today, shares of the sporting goods retailer had lost 7.22% over the past month, lagging the Retail-Wholesale sector's loss of 4.04% and the S&P 500's loss of 2.25% in that time.Investors will be hoping for strength from HIBB as it approaches its next earnings release. On that day, HIBB is projected to report earnings of $1.45 per share, which would represent no growth from the year-ago period. Our most recent consensus estimate is calling for quarterly revenue of $356.2 million, up 7.49% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $11.30 per share and revenue of $1.68 billion. These totals would mark changes of +84.64% and +18.33%, respectively, from last year.It is also important to note the recent changes to analyst estimates for HIBB. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. HIBB is currently sporting a Zacks Rank of #1 (Strong Buy).Valuation is also important, so investors should note that HIBB has a Forward P/E ratio of 6.61 right now. Its industry sports an average Forward P/E of 11.45, so we one might conclude that HIBB is trading at a discount comparatively.It is also worth noting that HIBB currently has a PEG ratio of 0.29. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 0.64 based on yesterday's closing prices.The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 19, putting it in the top 8% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow HIBB in the coming trading sessions, be sure to utilize Zacks.com. 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 Hibbett, Inc. (HIBB): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacks19 hr. 21 min. ago

Thermo Fisher Scientific (TMO) Gains But Lags Market: What You Should Know

Thermo Fisher Scientific (TMO) closed the most recent trading day at $577.35, moving +0.66% from the previous trading session. Thermo Fisher Scientific (TMO) closed at $577.35 in the latest trading session, marking a +0.66% move from the prior day. This move lagged the S&P 500's daily gain of 1.71%.Heading into today, shares of the maker of scientific instrument and laboratory supplies had gained 1.88% over the past month, outpacing the Medical sector's loss of 5.62% and the S&P 500's loss of 2.25% in that time.Investors will be hoping for strength from TMO as it approaches its next earnings release, which is expected to be October 27, 2021. In that report, analysts expect TMO to post earnings of $4.60 per share. This would mark a year-over-year decline of 18.29%. Meanwhile, our latest consensus estimate is calling for revenue of $8.27 billion, down 3% from the prior-year quarter.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $22.08 per share and revenue of $36.01 billion. These totals would mark changes of +12.94% and +11.78%, respectively, from last year.Investors should also note any recent changes to analyst estimates for TMO. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.01% higher within the past month. TMO is holding a Zacks Rank of #2 (Buy) right now.Investors should also note TMO's current valuation metrics, including its Forward P/E ratio of 25.98. For comparison, its industry has an average Forward P/E of 48.2, which means TMO is trading at a discount to the group.Meanwhile, TMO's PEG ratio is currently 2. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Medical - Instruments stocks are, on average, holding a PEG ratio of 3.06 based on yesterday's closing prices.The Medical - Instruments industry is part of the Medical sector. This group has a Zacks Industry Rank of 155, putting it in the bottom 39% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 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 Thermo Fisher Scientific Inc. (TMO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks19 hr. 21 min. ago