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The Zacks Analyst Blog Highlights: Groupon, LSI Industries, Glu Mobile, Tesco and LimeLight Networks
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For Immediate Release
Chicago, IL – November 7, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Groupon, Inc. (GRPN - Free Report) , LSI Industries Inc. (LYTS - Free Report) , Glu Mobile Inc. , Tesco PLC (TSCDY - Free Report) and LimeLight Networks, Inc. .
Here are highlights from Monday’s Analyst Blog:
5 of the Best Stocks Under $10 for 2018
Here at Zacks, we don’t generally classify stocks as “cheap” or “expensive,” and rather than looking at the stock’s face value, we have a system that puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.
That being said, low-priced stocks can be attractive to smaller investors that can’t necessarily afford large stakes in companies with higher priced shares. When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and apply the Zacks Rank to properly analyze the potential that these companies have.
Today we’ve highlighted five stocks that are currently trading for under $10 per share. All of these stocks currently sport a Zacks Rank #2 (Buy) or better ranking, and the selected companies are showing signs of outpacing the market in the upcoming calendar year.
Check out these five great stocks under $10 for 2018:
1. Groupon, Inc.
Prior Close: $5.46
In the midst of a transition to a marketplace-first focus, Groupon is looking to solidify a strong future for its business right now. Our current consensus estimates are calling for earnings growth to eclipse 200% by the end of fiscal 2017, and that expansion is expected to continue with EPS growth of 52% in the next fiscal year. The company is on the cusp of consistent profitability, and its revenue figures are already impressive. In fact, with a P/S ratio of 1.05, Groupon’s sales are clearly strong for a young tech company. GRPN is currently a Zacks Rank #1 (Strong Buy).
2. LSI Industries Inc.
Prior Close: $6.66
LSI Industries is an image solutions company that provides lighting fixtures and graphics display units for the retail, specialty niche, & commercial markets. The company is starting to see the fruits of a strong building industry, and the stock has now moved about 19% higher over the past 12 weeks. After a strong earnings beat, that momentum should continue into 2018, where the company is already seeing rising earnings estimates. Furthermore, LSI offers a respectable 3% dividend and sports an overall VGM grade of “A” in our Style Scores system—both of which underscore its financial and fundamental stability. Right now, LYTS is a Zacks Rank #2 (Buy).
3. Glu Mobile Inc.
Prior Close: $3.77
Glu Mobile is a leading global publisher of mobile games, including top-rated original titles and titles based on major brands from partners like Activision and Hasbro. The company is expected to finish off its fiscal year with annual EPS growth of 84%, and in 2018, Glu is projected to surge into the green with EPS growth of an additional 197%. Shares are on pace to gain more than 100% in 2017, but that surge should continue next year as investors reward the company for its profitability. Overall, GLUU has an “A” grade for Growth and Momentum in our Style Scores system, and the stock is currently sporting a Zacks Rank #2 (Buy).
4. Tesco PLC
Prior Close: $7.07
Tesco is the UK’s largest retailer and an international leader in the grocery and general merchandise retail markets. For a company its size, Tesco is witnessing impressive expansion, including projected earnings growth of 44% this fiscal year. The company is also expected to improve its profits at annualized rate of 11% over the next three to five years. Furthermore, the stock is sporting an “A” grade in all of our Style Scores categories, which implies that its fundamental picture is sound and could be appealing to value, growth, and momentum investors alike. Finally, TSCDY is currently holding a Zacks Rank #2 (Buy).
5. LimeLight Networks, Inc.
Prior Close: $5.20
LimeLight provides content delivery network solutions and partners with over 1,300 brands to deliver live and on-demand video around the world. Our current consensus estimates are calling for the company to finish the fiscal year with earnings growth of 633%, and that expansion is expected to continue in the next fiscal year, with current projections calling for additional EPS growth of 41%. LimeLight is also expected to witness respectable sales growth of 6% in its fiscal 2018. Furthermore, the company has surpassed earnings estimates in four consecutive quarters and will look to continue that momentum into next year. Currently, LLNW is a Zacks Rank #1 (Strong Buy).
Bottom Line
A stock’s market price is certainly not the most important factor to consider when considering whether or not to add it to your portfolio, and sales and earnings growth projections can prove to be tough to live up to.
Nevertheless, we can always use Zacks’ proven methods of finding quality stocks, and these five companies just happen to be showing strength while also trading for under $10 per share.
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius. Click for details >>
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 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 more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% 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.
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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: Groupon, LSI Industries, Glu Mobile, Tesco and LimeLight Networks
For Immediate Release
Chicago, IL – November 7, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Groupon, Inc. (GRPN - Free Report) , LSI Industries Inc. (LYTS - Free Report) , Glu Mobile Inc. , Tesco PLC (TSCDY - Free Report) and LimeLight Networks, Inc. .
Here are highlights from Monday’s Analyst Blog:
5 of the Best Stocks Under $10 for 2018
Here at Zacks, we don’t generally classify stocks as “cheap” or “expensive,” and rather than looking at the stock’s face value, we have a system that puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.
That being said, low-priced stocks can be attractive to smaller investors that can’t necessarily afford large stakes in companies with higher priced shares. When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and apply the Zacks Rank to properly analyze the potential that these companies have.
Today we’ve highlighted five stocks that are currently trading for under $10 per share. All of these stocks currently sport a Zacks Rank #2 (Buy) or better ranking, and the selected companies are showing signs of outpacing the market in the upcoming calendar year.
Check out these five great stocks under $10 for 2018:
1. Groupon, Inc.
Prior Close: $5.46
In the midst of a transition to a marketplace-first focus, Groupon is looking to solidify a strong future for its business right now. Our current consensus estimates are calling for earnings growth to eclipse 200% by the end of fiscal 2017, and that expansion is expected to continue with EPS growth of 52% in the next fiscal year. The company is on the cusp of consistent profitability, and its revenue figures are already impressive. In fact, with a P/S ratio of 1.05, Groupon’s sales are clearly strong for a young tech company. GRPN is currently a Zacks Rank #1 (Strong Buy).
2. LSI Industries Inc.
Prior Close: $6.66
LSI Industries is an image solutions company that provides lighting fixtures and graphics display units for the retail, specialty niche, & commercial markets. The company is starting to see the fruits of a strong building industry, and the stock has now moved about 19% higher over the past 12 weeks. After a strong earnings beat, that momentum should continue into 2018, where the company is already seeing rising earnings estimates. Furthermore, LSI offers a respectable 3% dividend and sports an overall VGM grade of “A” in our Style Scores system—both of which underscore its financial and fundamental stability. Right now, LYTS is a Zacks Rank #2 (Buy).
3. Glu Mobile Inc.
Prior Close: $3.77
Glu Mobile is a leading global publisher of mobile games, including top-rated original titles and titles based on major brands from partners like Activision and Hasbro. The company is expected to finish off its fiscal year with annual EPS growth of 84%, and in 2018, Glu is projected to surge into the green with EPS growth of an additional 197%. Shares are on pace to gain more than 100% in 2017, but that surge should continue next year as investors reward the company for its profitability. Overall, GLUU has an “A” grade for Growth and Momentum in our Style Scores system, and the stock is currently sporting a Zacks Rank #2 (Buy).
4. Tesco PLC
Prior Close: $7.07
Tesco is the UK’s largest retailer and an international leader in the grocery and general merchandise retail markets. For a company its size, Tesco is witnessing impressive expansion, including projected earnings growth of 44% this fiscal year. The company is also expected to improve its profits at annualized rate of 11% over the next three to five years. Furthermore, the stock is sporting an “A” grade in all of our Style Scores categories, which implies that its fundamental picture is sound and could be appealing to value, growth, and momentum investors alike. Finally, TSCDY is currently holding a Zacks Rank #2 (Buy).
5. LimeLight Networks, Inc.
Prior Close: $5.20
LimeLight provides content delivery network solutions and partners with over 1,300 brands to deliver live and on-demand video around the world. Our current consensus estimates are calling for the company to finish the fiscal year with earnings growth of 633%, and that expansion is expected to continue in the next fiscal year, with current projections calling for additional EPS growth of 41%. LimeLight is also expected to witness respectable sales growth of 6% in its fiscal 2018. Furthermore, the company has surpassed earnings estimates in four consecutive quarters and will look to continue that momentum into next year. Currently, LLNW is a Zacks Rank #1 (Strong Buy).
Bottom Line
A stock’s market price is certainly not the most important factor to consider when considering whether or not to add it to your portfolio, and sales and earnings growth projections can prove to be tough to live up to.
Nevertheless, we can always use Zacks’ proven methods of finding quality stocks, and these five companies just happen to be showing strength while also trading for under $10 per share.
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius. Click for details >>
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 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 more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
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.
Media Contact
Zacks Investment Research
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support@zacks.com
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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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.