Back to top

Top Stock Picks for March 11, 2019

Read MoreHide Full Article

The Boeing Company (BA - Free Report) , is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. Prior to recent news involving their 737 MAX, Boeing's share price increased in the last twelve months. The company’s 20-year market outlook forecasts commercial jetliner demand to increase significantly, with single-aisle jets being the major driver behind this demand growth. Currently, the company has a 4600 plane backorder for its 737 MAX. Boeing expects the commercial fleet to be fueled by sustained annual growth in commercial passenger traffic along with a big wave of retiring, old planes. Boeing’s strong balance sheet and cash flows provide financial flexibility in matters of incremental dividend, ongoing share repurchases and earnings accretive acquisitions.  

Abercrombie & Fitch Co. (ANF - Free Report) , operates as a specialty retailer of premium, high-quality casual apparel for men, women, and kids. Abercrombie surpassed the industry in the past three months driven by strategic capital investments, cost-saving efforts, loyalty and marketing programs that are aiding quarterly performances. It boasts a robust surprise trend, having reported the seventh straight earnings beat in fourth-quarter fiscal 2018. Moreover, sales topped estimates in seven of the last eight quarters. Results gained from solid comps growth and gross margin expansion. 

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


The Boeing Company (BA) - free report >>

Abercrombie & Fitch Company (ANF) - free report >>

Published in