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The Zacks Analyst Blog Highlights: Builders FirstSource, Harsco, Shutterfly and Kulicke and Soffa
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For Immediate Release
Chicago, IL – March 28, 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 Builders FirstSource, Inc. (BLDR - Free Report) , Harsco Corporation , Shutterfly, Inc. and Kulicke and Soffa Industries, Inc. (KLIC - Free Report) .
Here are highlights from Tuesday’s Analyst Blog:
4 Top-Ranked Growth Stocks After Recent Market Pullback
Investors have seemingly enjoyed generous profits during the extended post-election stock rally. However, last week’s turmoil is a reminder that the market is fraught with risks and seems uncertain as ever. Rising interest rates, rapid technological change and the possibility of a trade war has made investors jittery in recent times.
Yet, if history is anything to go by, this skepticism on the part of investors offers a compelling case for the market to go up. Once the market starts to turn around, the bears will be forced to buy.
Hence, we believe that often, best trades are initiated during wayward times like these. If we stick to the script and focus on time-tested screens, we are likely to find fantastic stock ideas. Talking about scripts, growth stocks have always told the most magnificent stories, haven’t they?
However, the question lingers — how to single out the cream of the crop from the dime-a-dozen growth stocks that are on investors’ radar these days? Over the last decade, economic conditions have nudged investors to put money on growth stocks. This indicates that such stocks have now already appreciated. However, we believe that when overall growth becomes hard to find, growth stocks will outperform.
Here we present some of the best growth stocks in this market, which have declined somewhat in last week’s market correction. These stocks sport a Zacks Rank #1 (Strong Buy) and hold a Growth Style Score of A. Our research shows that the top Growth Style Score, when combined with a top Zacks Rank, offers the best opportunities in the growth investing space. You can see the complete list of today’s Zacks #1 Rank stocks here.
Further, these stocks have been witnessing positive interest from analysts lately and belong to industries that rank roughly in the top one-third, per the Zacks Industry Rank system. This way, we can ensure that our picks are poised to benefit from a bullish outlook for their respective industry.
4 Money Spinners
Builders FirstSource, Inc. manufactures and supplies building materials along with manufactured components as well as provides construction services in the United States. The company’s earnings are set to grow at 42% this year.
Over the past couple of months, analysts have become increasingly bullish on the stock, with six upward estimate revisions for the company’s 2018 earnings. This has led to a sharp spike in the Zacks Consensus Estimate for 2018, which is pegged at $1.60, up nearly 12% from $1.60 60 days ago.
Harsco Corporation provides industrial services and engineered products worldwide. The company’s bottom line is set to grow at an impressive rate of 77.3% in 2018.
The stock has been witnessing solid activity on the earnings estimate revision front as well. Analysts project good things in the company’s future, as the Zacks Consensus Estimate for 2018 earnings has trended up sharply over the past couple of months, from 90 cents to $1.10 per share.
Shutterfly, Inc. manufactures and retails personalized products and services primarily in the United States, Canada and the European Community. The company’s earnings are set to grow at a striking 99.2% in 2018.
Analysts have great expectations from the company this year and have been revising 2018 earnings estimates upward over the past month. Shutterfly has seen 4 positive revisions over the past eight weeks, resulting in its 2018 estimate climbing from $1.52 to $2.09.
Kulicke and Soffa Industries, Inc. designs, manufactures and sells capital equipment as well as expendable tools to assemble semiconductor devices. The company’s earnings are set to grow 43.6% year over year.
Moreover, analysts have become increasingly bullish on the company over the past month, with two upward estimate revisions for its 2018 earnings. This has led to a sharp spike in the Zacks Consensus Estimate for 2018, which is pegged at $2.23, up from $1.69 a month ago.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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/performance for information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: Builders FirstSource, Harsco, Shutterfly and Kulicke and Soffa
For Immediate Release
Chicago, IL – March 28, 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 Builders FirstSource, Inc. (BLDR - Free Report) , Harsco Corporation , Shutterfly, Inc. and Kulicke and Soffa Industries, Inc. (KLIC - Free Report) .
Here are highlights from Tuesday’s Analyst Blog:
4 Top-Ranked Growth Stocks After Recent Market Pullback
Investors have seemingly enjoyed generous profits during the extended post-election stock rally. However, last week’s turmoil is a reminder that the market is fraught with risks and seems uncertain as ever. Rising interest rates, rapid technological change and the possibility of a trade war has made investors jittery in recent times.
Yet, if history is anything to go by, this skepticism on the part of investors offers a compelling case for the market to go up. Once the market starts to turn around, the bears will be forced to buy.
Hence, we believe that often, best trades are initiated during wayward times like these. If we stick to the script and focus on time-tested screens, we are likely to find fantastic stock ideas. Talking about scripts, growth stocks have always told the most magnificent stories, haven’t they?
However, the question lingers — how to single out the cream of the crop from the dime-a-dozen growth stocks that are on investors’ radar these days? Over the last decade, economic conditions have nudged investors to put money on growth stocks. This indicates that such stocks have now already appreciated. However, we believe that when overall growth becomes hard to find, growth stocks will outperform.
Here we present some of the best growth stocks in this market, which have declined somewhat in last week’s market correction. These stocks sport a Zacks Rank #1 (Strong Buy) and hold a Growth Style Score of A. Our research shows that the top Growth Style Score, when combined with a top Zacks Rank, offers the best opportunities in the growth investing space. You can see the complete list of today’s Zacks #1 Rank stocks here.
Further, these stocks have been witnessing positive interest from analysts lately and belong to industries that rank roughly in the top one-third, per the Zacks Industry Rank system. This way, we can ensure that our picks are poised to benefit from a bullish outlook for their respective industry.
4 Money Spinners
Builders FirstSource, Inc. manufactures and supplies building materials along with manufactured components as well as provides construction services in the United States. The company’s earnings are set to grow at 42% this year.
Over the past couple of months, analysts have become increasingly bullish on the stock, with six upward estimate revisions for the company’s 2018 earnings. This has led to a sharp spike in the Zacks Consensus Estimate for 2018, which is pegged at $1.60, up nearly 12% from $1.60 60 days ago.
Harsco Corporation provides industrial services and engineered products worldwide. The company’s bottom line is set to grow at an impressive rate of 77.3% in 2018.
The stock has been witnessing solid activity on the earnings estimate revision front as well. Analysts project good things in the company’s future, as the Zacks Consensus Estimate for 2018 earnings has trended up sharply over the past couple of months, from 90 cents to $1.10 per share.
Shutterfly, Inc. manufactures and retails personalized products and services primarily in the United States, Canada and the European Community. The company’s earnings are set to grow at a striking 99.2% in 2018.
Analysts have great expectations from the company this year and have been revising 2018 earnings estimates upward over the past month. Shutterfly has seen 4 positive revisions over the past eight weeks, resulting in its 2018 estimate climbing from $1.52 to $2.09.
Kulicke and Soffa Industries, Inc. designs, manufactures and sells capital equipment as well as expendable tools to assemble semiconductor devices. The company’s earnings are set to grow 43.6% year over year.
Moreover, analysts have become increasingly bullish on the company over the past month, with two upward estimate revisions for its 2018 earnings. This has led to a sharp spike in the Zacks Consensus Estimate for 2018, which is pegged at $2.23, up from $1.69 a month ago.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them 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.
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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/performance for information about the performance numbers displayed in this press release.