Back to top

View the PFP Archive

Plus 5 New Strong Buys for Today
Kevin Matras   
Profit from the Pros
By Kevin Matras
Executive Vice President
Zacks Investment Research

Stocks On Pace For Solid Weekly Gain

Stocks closed lower yesterday, but are still up nicely for the week with one more trading day to go.

The reopening of our economy continues to be the main story.

All 50 states have now reopened their economies in some shape or form. Although, the reopening has been quite uneven throughout the country.

Nonetheless, there's great enthusiasm and demand in the areas that have reopened. And people and businesses are eager to open up further.

All eyes will be on the 3-day Memorial Day weekend. Plenty of attention will be paid to the number of travelers on the roads, how many people are out and about, how did businesses fare, etc. And then of course, are there any spikes in cases in the days and weeks afterwards?

Gladly, in many places that have reopened, cases have not gone up. And in some, they continue to drop.

As more and more of the country opens up, the more our economy will recover.

And that means millions of people that temporarily filed for unemployment, due to the lockdown restrictions that shuttered businesses, will finally be able to go back to work.

Even though it will take some time to get back to normal, there will soon be an economic boom as months of pent-up demand are unleashed.

And that isn't going to go away anytime soon.

That's why top analysts are expecting an "unprecedented" second half recovery, with stocks expected to regain all they've lost by year's end.

And since the market is forward looking, that means the time to act is now.

As you know, stocks will be closed on Monday for Memorial Day.

Trading will resume on Tuesday as normal.

In the meantime, have a great Memorial Day weekend.

See you next week.


Kevin Matras

Executive Vice President, Zacks Investment Research


Time's almost up! Get your FREE copy of Finding #1 Stocks

The Executive Vice President of Zacks, Kevin Matras is very optimistic about our country's financial future. He expects the stock market to soar as coronavirus-related fear diminishes and pent-up economic demand is unleashed when the pandemic subsides.

What's the key to being successful? Knowing the right strategies and where to find stocks that will lead the market when it rebounds.

For a limited time, Kevin is offering his hardcover book, Finding #1 Stocks, absolutely free so you can be in the best position as stocks begin to rise. In the book, he shares exclusive secrets to picking stocks including the exact strategies that produced gains of +118.0%, +175.7%, and even +186.7% from 2017 through 2019.

This brief opportunity will end at midnight Saturday, May 23rd or when inventory is depleted. Don't miss your chance to get an edge in the game.

Get your free book now  >>

Most Popular Articles from

Image: Bigstock

3 Blue-Chip Tech Stocks to Buy as Amazon & Others Return to Highs

Some of these tech powers, and the industry in general, have picked up right where they left off during the market's two-month rally. Read More »

Image: Bigstock

Google, Apple Launch Contact-Tracing App: FAANG Stocks Gain

The companies said that authorities of 23 countries across five continents have sought access to their contact-tracing technology. Read More »

Image: Bigstock

ETFs Benefiting From Coronavirus-Induced New Normal Trends

Amid the coronavirus mayhem, people are resorting to online retailers to purchase food items and other goods and to video streaming services and other modes for in-house entertainment. Read More »

Image: Shutterstock

Oil Price Hits Multi-Week Highs, Where's It Headed Next?

U.S. oil prices settled at a 10-week high on Wednesday after a weekly report from the Energy Information Administration revealed that domestic crude stockpiles fell unexpectedly. Read More »

Image: Bigstock

It May Be Time To Place A Bet On Gambling Stocks

People are driving extensive distances and waiting in long lines to risk it all at the blackjack table and feel alive again. Read More »


Increase Investment Returns with Free Zacks' Portfolio Tracker

Follow your investments easily in one place. Get free email updates that alert you to major events affecting your stocks and funds, including timely recommendation changes, earnings announcements and, most importantly, earnings estimate revisions.

Click to Learn More>>

Image: Bigstock

Bull of the Day: Chegg (CHGG)

Online education tools will likely be vital for students and teachers going forward. Read More »

New Zacks Strong Buys for May 22nd

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. Read More »


Download our app for convenient on-the-go access to even more—daily and weekly newsletters published by Zacks experts, proprietary research and tools, and Portfolio Tracker on

Download our Zacks App for Apple iOS
Download our Zacks App for Android

Visit Success Stories to hear how Zacks research, tools and portfolios help our members outperform the market.