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Ultra Clean Corp (Nasdaq:(UCTT - Free Report) – Free Report) is one of my favorite stocks. It has been a favorite for some time and at $25 and change it remains a favorite. Can you tell that I like this name or what?
Once again I am highlighting this stock as the Bull of the Day as it is back to the coveted Zacks Rank #1 (Strong Buy) status and looking to press higher and make a new 52 week high soon.
Description
Ultra Clean is a developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean is headquartered in Menlo Park, California.
In looking at the last four earnings reports, investors have to like what they see. The stock runs higher with the estimates, and if I told you that the stock historically trades at around 13x forward earnings then you might be salivating. The truth is, the stock trades at 11x forward and 15x trailing. That is great for a stock with huge growth potential.
Ball Corporation (NYSE: – Free Report) recently posted a miss of the Zacks Consensus Estimate and the Zacks Rank fell to the lowest possible level. This stock has a Zacks Rank #5 (Strong Sell) and it is the Bear of the Day.
Description
Ball is a manufacturer of metal and plastic packaging, primarily for beverages and foods, and a supplier of aerospace and other technologies and services to commercial and governmental customers.
Earnings History
The most recent quarter was a small miss, but prior to that things were just fine the previous three reports were all beats of the Zacks Consensus Estimate.
Estimate Revisions
Earnings estimate revisions are the primary driver of the Zacks Rank. When estimates move higher the Rank tends to move higher as well. This is not the case for BLL, as estimate came down following the most recent earnings report.
Additional content:
3 Dividend-Yielding Tech Stocks to Buy Now
Although things have cooled off a bit over the past month or so, it’s been no secret that the technology sector has been at the forefront of the market’s strong bull run. However, this might mean that income investors—those focused on finding companies with solid dividends—might be feeling left out, as tech stocks aren’t really known for their payouts.
Finding a strong dividend-yielding tech stock might feel like searching for a golden goose, but investors shouldn’t feel too intimidated. In fact, dividend-focused investors can search for the best tech stocks by using the Zacks Stock Screener, the perfect one-stop screening tool for investors of all kinds.
By limiting our search to companies in our “Computer and Technology” sector with Zacks Rank #2 (Buy) or better rankings, we can ensure that we are finding the highest quality stocks to buy right now. Throw in your preferred dividend yield and voila—the best tech stocks for dividend investors to target!
Garmin is a designer of GPS navigation and wearable technology equipment. The stock is currently a Zacks Rank #2 (Buy) and sports “B” grades for Value and Momentum in our Style Scores system. With a P/E ratio of 18.63, Garmin compares favorably to its consumer electronics peers, and with a beta rating of just 0.85, the stock should hypothetically be less volatile than the market average.
The company isn’t a particularly exciting growth story, and full-year estimates are actually calling for profits to slump. Still, Garmin has surpassed the Zacks Consensus Estimate in seven straight quarters, and we’ve seen seven positive revisions to its full-year and next-year estimates within the past 60 days. On top of this, Garmin offers an impressive 3.88% dividend.
As a leader in the global semiconductor industry, Intel is at the forefront of nearly every emerging trend in the consumer and commercial electronics markets. INTC is currently sporting a Zacks Rank #2 (Buy) and has an “A” grade in the Value and overall VGM categories. With a P/E ratio of 12.02 and a PEG ratio of 1.43, Intel is also besting its industry rivals in several key valuation metrics.
Intel is another consistent earnings performer, having surpassed the Zacks Consensus Estimate in each of the last 14 quarters. We’ve also seen 12 positive revisions to its full-year earnings estimates, as well as 10 for its next-year estimates, within the past 60 days. We now expect Intel to post earnings growth of a respectable 10.4% this year. Finally, Intel currently offers a dividend of 3.00%.
Magic Software is a software developer that provides solutions for companies looking to build and deploy applications. Shares are up over 25% year-to-date, making this one of the hotter software stocks on the market this year. MGIC is also sporting a Zacks Rank #2 (Buy) and has an “A” grade for Value.
With a P/E ratio of 14.74 and a P/S ratio of 1.58, Magic Software is sporting strong valuation metrics—the likes of which we don’t see often in today’s tech sector. Also, our current consensus estimates are calling for EPS growth of 29.6% and sales growth of 25.3% this year. And on top of this, the company is currently paying out a 3.10% dividend.
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
New Report: An Investor’s Guide to Cybersecurity
Cyberattacks have become more frequent and destructive than ever. In fact, they’re expected to cause $6 trillion per year in damage by 2020. The cybersecurity industry is expanding quickly in response to these threats, and a projected $170 billion per year will be spent to protect consumer and corporate assets.
Zacks has just released Cybersecurity: An Investor’s Guide to Locking Down Profits which reveals 4 promising investment candidates. Download the new report now>>
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Ultra Clean, Ball, Garmin, Intel and Magic Software Enterprises highlighted as Zacks Bull and Bear of the Day
For Immediate Release
Chicago, IL – September 15, 2017 – Zacks Equity Research Ultra Clean Corp (Nasdaq:(UCTT - Free Report) – Free Report) as the Bull of the Day, Ball Corporation (NYSE: – Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Garmin Ltd. (Nasdaq:(GRMN - Free Report) – Free Report), Intel Corporation (Nasdaq:(INTC - Free Report) – Free Report) and Magic Software Enterprises (Nasdaq:(MGIC - Free Report) – Free Report).
Here is a synopsis of all five stocks:
Bull of the Day:
Ultra Clean Corp (Nasdaq:(UCTT - Free Report) – Free Report) is one of my favorite stocks. It has been a favorite for some time and at $25 and change it remains a favorite. Can you tell that I like this name or what?
Once again I am highlighting this stock as the Bull of the Day as it is back to the coveted Zacks Rank #1 (Strong Buy) status and looking to press higher and make a new 52 week high soon.
Description
Ultra Clean is a developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean is headquartered in Menlo Park, California.
In looking at the last four earnings reports, investors have to like what they see. The stock runs higher with the estimates, and if I told you that the stock historically trades at around 13x forward earnings then you might be salivating. The truth is, the stock trades at 11x forward and 15x trailing. That is great for a stock with huge growth potential.
Bear of the Day:
Ball Corporation (NYSE: – Free Report) recently posted a miss of the Zacks Consensus Estimate and the Zacks Rank fell to the lowest possible level. This stock has a Zacks Rank #5 (Strong Sell) and it is the Bear of the Day.
Description
Ball is a manufacturer of metal and plastic packaging, primarily for beverages and foods, and a supplier of aerospace and other technologies and services to commercial and governmental customers.
Earnings History
The most recent quarter was a small miss, but prior to that things were just fine the previous three reports were all beats of the Zacks Consensus Estimate.
Estimate Revisions
Earnings estimate revisions are the primary driver of the Zacks Rank. When estimates move higher the Rank tends to move higher as well. This is not the case for BLL, as estimate came down following the most recent earnings report.
Additional content:
3 Dividend-Yielding Tech Stocks to Buy Now
Although things have cooled off a bit over the past month or so, it’s been no secret that the technology sector has been at the forefront of the market’s strong bull run. However, this might mean that income investors—those focused on finding companies with solid dividends—might be feeling left out, as tech stocks aren’t really known for their payouts.
Finding a strong dividend-yielding tech stock might feel like searching for a golden goose, but investors shouldn’t feel too intimidated. In fact, dividend-focused investors can search for the best tech stocks by using the Zacks Stock Screener, the perfect one-stop screening tool for investors of all kinds.
By limiting our search to companies in our “Computer and Technology” sector with Zacks Rank #2 (Buy) or better rankings, we can ensure that we are finding the highest quality stocks to buy right now. Throw in your preferred dividend yield and voila—the best tech stocks for dividend investors to target!
Check out three of these stocks to buy now:
1. Garmin Ltd. (Nasdaq:(GRMN - Free Report) – Free Report)
Garmin is a designer of GPS navigation and wearable technology equipment. The stock is currently a Zacks Rank #2 (Buy) and sports “B” grades for Value and Momentum in our Style Scores system. With a P/E ratio of 18.63, Garmin compares favorably to its consumer electronics peers, and with a beta rating of just 0.85, the stock should hypothetically be less volatile than the market average.
The company isn’t a particularly exciting growth story, and full-year estimates are actually calling for profits to slump. Still, Garmin has surpassed the Zacks Consensus Estimate in seven straight quarters, and we’ve seen seven positive revisions to its full-year and next-year estimates within the past 60 days. On top of this, Garmin offers an impressive 3.88% dividend.
2. Intel Corporation (Nasdaq:(INTC - Free Report) – Free Report)
As a leader in the global semiconductor industry, Intel is at the forefront of nearly every emerging trend in the consumer and commercial electronics markets. INTC is currently sporting a Zacks Rank #2 (Buy) and has an “A” grade in the Value and overall VGM categories. With a P/E ratio of 12.02 and a PEG ratio of 1.43, Intel is also besting its industry rivals in several key valuation metrics.
Intel is another consistent earnings performer, having surpassed the Zacks Consensus Estimate in each of the last 14 quarters. We’ve also seen 12 positive revisions to its full-year earnings estimates, as well as 10 for its next-year estimates, within the past 60 days. We now expect Intel to post earnings growth of a respectable 10.4% this year. Finally, Intel currently offers a dividend of 3.00%.
3. Magic Software Enterprises (Nasdaq:(MGIC - Free Report) – Free Report)
Magic Software is a software developer that provides solutions for companies looking to build and deploy applications. Shares are up over 25% year-to-date, making this one of the hotter software stocks on the market this year. MGIC is also sporting a Zacks Rank #2 (Buy) and has an “A” grade for Value.
With a P/E ratio of 14.74 and a P/S ratio of 1.58, Magic Software is sporting strong valuation metrics—the likes of which we don’t see often in today’s tech sector. Also, our current consensus estimates are calling for EPS growth of 29.6% and sales growth of 25.3% this year. And on top of this, the company is currently paying out a 3.10% dividend.
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
New Report: An Investor’s Guide to Cybersecurity
Cyberattacks have become more frequent and destructive than ever. In fact, they’re expected to cause $6 trillion per year in damage by 2020. The cybersecurity industry is expanding quickly in response to these threats, and a projected $170 billion per year will be spent to protect consumer and corporate assets.
Zacks has just released Cybersecurity: An Investor’s Guide to Locking Down Profits which reveals 4 promising investment candidates. Download the new report now>>
Get today’s Zacks #1 Stock of the Day with your free subscription to Profit from the Pros newsletter:
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.