Envestnet, Inc. (ENV - Free Report) today announced multiple leadership appointments, effective immediately. These include appointments of William Crager as chief executive officer (CEO), Stuart DePina as president, James Fox as chairman of the board of directors and Charles Roame as the vice chairman.
Crager is a co-founder of Envestnet and president since 2002. He served as the interim CEO since the death of Envestnet founder and the then CEO Jud Bergman in October 2019. DePina has been the chief executive of Envestnet Data & Analytics since January 2019 and was previously the president of Envestnet’s Tamarac.
Fox has been an Envestnet board member since 2015 and was previously chairman, CEO and president of Envestnet’s FundQuest. Roame has been a board member since 2011 and is currently the managing partner of Tiburon Strategic Advisors, a research, strategy consulting and other related services provider to financial service firms.
These appointments seem to be part of the company’s efforts to enhance employee skills and improve offerings. Envestnet’s shares have gained 5.3% over the past six months, as against the 8.4% decline of the industry it belongs to.
Zacks Rank and Stocks to Consider
Envestnet currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Zacks Business Services sector are Charles River Associates (CRAI - Free Report) , Genpact Limited (G - Free Report) and Blucora, Inc. , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The long-term expected EPS (three to five years) growth rate for Charles River, Genpact and Blucora is 13%, 14% and 20%, respectively.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Envestnet, Inc. (ENV - Free Report) today announced multiple leadership appointments, effective immediately. These include appointments of William Crager as chief executive officer (CEO), Stuart DePina as president, James Fox as chairman of the board of directors and Charles Roame as the vice chairman.
Crager is a co-founder of Envestnet and president since 2002. He served as the interim CEO since the death of Envestnet founder and the then CEO Jud Bergman in October 2019. DePina has been the chief executive of Envestnet Data & Analytics since January 2019 and was previously the president of Envestnet’s Tamarac.
Fox has been an Envestnet board member since 2015 and was previously chairman, CEO and president of Envestnet’s FundQuest. Roame has been a board member since 2011 and is currently the managing partner of Tiburon Strategic Advisors, a research, strategy consulting and other related services provider to financial service firms.
These appointments seem to be part of the company’s efforts to enhance employee skills and improve offerings. Envestnet’s shares have gained 5.3% over the past six months, as against the 8.4% decline of the industry it belongs to.
Zacks Rank and Stocks to Consider
Envestnet currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Zacks Business Services sector are Charles River Associates (CRAI - Free Report) , Genpact Limited (G - Free Report) and Blucora, Inc. , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The long-term expected EPS (three to five years) growth rate for Charles River, Genpact and Blucora is 13%, 14% and 20%, respectively.
Zacks Top 10 Stocks for 2020
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2020 today >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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