We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights: Macy's, Dillard???s, Weight Watchers, Sony and Panasonic
Read MoreHide Full Article
For Immediate Release
Chicago, IL – March 23, 2018 – 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 Macy's (M - Free Report) , Dillard’s (DDS - Free Report) , Weight Watchers (WTW - Free Report) , Sony and Panasonic .
Here are highlights from Thursday’s Analyst Blog:
Buy These 3 Consumer Stocks Amid Chinese Trade War Concerns
Stocks experienced substantial declines on Thursday, spurred by concerns surrounding possible tariff-related retaliation from China against U.S. giants such as Boeing, while Facebook sunk further on data breach woes.
Speculation about a possible trade war between the U.S. and China might have turned into a legitimate concern after President Donald Trump announced a new set of tariffs on up to $50 billion of Chinese imports on Thursday.
With that said, some industries don’t seem like they will be negatively impacted by Trump’s Chinese sanctions. One particular sector that seems like it could avoid retaliation is U.S. consumer discretionary spending.
So now let’s take a look at three companies that are currently Zacks Rank #1 (Strong Buy) stocks that look poised to fly under the radar of any possible counter-tariff measures China might deploy.
1. Macy's
This retailer is coming off a strong fourth quarter that saw investor faith renewed. Looking ahead, Macy’s is projected to expand its earnings by 50% in the first quarter to reach $0.36 per share, based on our current Zacks Consensus Estimates.The retailer’s Q1 earnings estimates have also been trending upward in a big way recently, with our consensus mark jumping from $0.23 to $0.36 within the last seven days.
Macy’s also looks like a strong value play at the moment. The company is trading with a P/E of 7.9, which is far below the “Retail - Regional Department Stores” industry’s average P/E of 13. Macy’s is also trading at a substantial discount compared to where it was at earlier this month, as well as competitor Dillard’s P/E of 13.9.
Investors should be happy to get similar exposure to the retail sector at a much more attractive earnings multiple—for a bellwether firm, nonetheless.The retailer is also far less exposed to a possible trade war, as China is reportedly much more likely to go after Trump’s manufacturing base than attack an upscale retailer.
2. Weight Watchers
Weight Watchers recently announced a new line of retail kitchenware and meal-prep kit offerings as part of a larger goal to expand beyond its membership-based weight-loss program. Coupled with Oprah Winfrey’s presence, the company seems ready to soar to new heights.
Looking ahead to the first quarter of 2018, Weight Watchers’ sales are projected to climb 14% to hit $375.05 million. For the full year, revenues are expected to reach $1.55 billion, which would mark a nearly 19% climb. At the same time, WTW’s earnings are projected to surge over 29% to hit $2.13 per share this year.
And it is hard to imagine exactly how much heat, if any, Weight Watchers would feel during a possible Chinese trade war.
3. Sony
This Japanese entertainment and electronics powerhouse is highly diversified, from its movie studio and consumer electronics staples to its recent foray into virtual reality. Maybe more importantly, Japan is a major U.S. ally that could be effectively propped up amid a trade war with China.
Sony is expected to see its current full-year revenues surge 11.5% to reach $78.12 billion, and the company’s bottom-line expansion projection is even more impressive for a company its size. Sony’s earnings are expected to skyrocket 656.9% to hit $3.86 per share. Sony also currently offers a great deal of value for a company that is poised to grow at such a substantial clip.
Sony is currently trading at 12.6x forward earnings, which marks a major discount compared to it industry’s average P/E of 19.9, as well as peers such as Panasonic.
Zacks Editor-in-Chief Goes "All In" on This Stock
Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.
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/performancef or information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Macy's, Dillard???s, Weight Watchers, Sony and Panasonic
For Immediate Release
Chicago, IL – March 23, 2018 – 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 Macy's (M - Free Report) , Dillard’s (DDS - Free Report) , Weight Watchers (WTW - Free Report) , Sony and Panasonic .
Here are highlights from Thursday’s Analyst Blog:
Buy These 3 Consumer Stocks Amid Chinese Trade War Concerns
Stocks experienced substantial declines on Thursday, spurred by concerns surrounding possible tariff-related retaliation from China against U.S. giants such as Boeing, while Facebook sunk further on data breach woes.
Speculation about a possible trade war between the U.S. and China might have turned into a legitimate concern after President Donald Trump announced a new set of tariffs on up to $50 billion of Chinese imports on Thursday.
With that said, some industries don’t seem like they will be negatively impacted by Trump’s Chinese sanctions. One particular sector that seems like it could avoid retaliation is U.S. consumer discretionary spending.
So now let’s take a look at three companies that are currently Zacks Rank #1 (Strong Buy) stocks that look poised to fly under the radar of any possible counter-tariff measures China might deploy.
1. Macy's
This retailer is coming off a strong fourth quarter that saw investor faith renewed. Looking ahead, Macy’s is projected to expand its earnings by 50% in the first quarter to reach $0.36 per share, based on our current Zacks Consensus Estimates.The retailer’s Q1 earnings estimates have also been trending upward in a big way recently, with our consensus mark jumping from $0.23 to $0.36 within the last seven days.
Macy’s also looks like a strong value play at the moment. The company is trading with a P/E of 7.9, which is far below the “Retail - Regional Department Stores” industry’s average P/E of 13. Macy’s is also trading at a substantial discount compared to where it was at earlier this month, as well as competitor Dillard’s P/E of 13.9.
Investors should be happy to get similar exposure to the retail sector at a much more attractive earnings multiple—for a bellwether firm, nonetheless.The retailer is also far less exposed to a possible trade war, as China is reportedly much more likely to go after Trump’s manufacturing base than attack an upscale retailer.
2. Weight Watchers
Weight Watchers recently announced a new line of retail kitchenware and meal-prep kit offerings as part of a larger goal to expand beyond its membership-based weight-loss program. Coupled with Oprah Winfrey’s presence, the company seems ready to soar to new heights.
Looking ahead to the first quarter of 2018, Weight Watchers’ sales are projected to climb 14% to hit $375.05 million. For the full year, revenues are expected to reach $1.55 billion, which would mark a nearly 19% climb. At the same time, WTW’s earnings are projected to surge over 29% to hit $2.13 per share this year.
And it is hard to imagine exactly how much heat, if any, Weight Watchers would feel during a possible Chinese trade war.
3. Sony
This Japanese entertainment and electronics powerhouse is highly diversified, from its movie studio and consumer electronics staples to its recent foray into virtual reality. Maybe more importantly, Japan is a major U.S. ally that could be effectively propped up amid a trade war with China.
Sony is expected to see its current full-year revenues surge 11.5% to reach $78.12 billion, and the company’s bottom-line expansion projection is even more impressive for a company its size. Sony’s earnings are expected to skyrocket 656.9% to hit $3.86 per share. Sony also currently offers a great deal of value for a company that is poised to grow at such a substantial clip.
Sony is currently trading at 12.6x forward earnings, which marks a major discount compared to it industry’s average P/E of 19.9, as well as peers such as Panasonic.
Zacks Editor-in-Chief Goes "All In" on This Stock
Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.
Download it free >>
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
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
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/performancef or information about the performance numbers displayed in this press release.