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 Up, Small-Caps Lead The Way

Stocks closed higher yesterday with the small-cap Russell 2000 leading the way once again.

More good news was seen on the vaccine front with AstraZeneca saying their vaccine proved to be up to 90% effective (it showed an efficacy rate between 62% and 90% based on the dosage, with an average of 70%).

That makes three COVID vaccines in the pipeline (Pfizer and BioNTech, Moderna, and now AstraZeneca), that are likely to be made available by year's end. And that will mark the beginning of when the world can finally begin to return to normal.

The rising coronavirus case counts remain a concern, but the positive news on vaccines and therapeutics has the market looking toward the future when the virus will no longer impact every aspect of our lives.

And with the economy already rebounding at an unprecedented rate (Q3 GDP just come in at 33.1% (which was the largest in history), with expectations for more gains in Q4, and forecasts for full year GDP in 2021 to grow at the fastest pace in 38 years), growth is expected to soar even more when the entire economy comes back online.

And that should make for an explosive rally.

The market also got a boost yesterday when it was announced that former Fed Chair, Janet Yellen, was likely to be tapped as the new Treasury Secretary. There were plenty of names floated about in recent weeks, but her nomination came as a relief to many that a known entity with an impressive financial background would be heading up that department.

As the saying goes, the market hates uncertainty. And traders cheered the familiar pick.

In the meantime, with the outlook for the economy and the market being especially bullish, it looks like there's a lot more upside to go.

So make sure you're taking full advantage of it.

See you tomorrow,

Kevin Matras

Executive Vice President, Zacks Investment Research


5 Tech Stocks to Buy Immediately

Eric Fry, one of America's top Investment Strategists, provides his latest report 5 Tech Stocks Set for 1,000% Gains after the Coronavirus Sell off. You can't afford to miss out on the once in a decade chance to buy after the recent dip in the markets. Download this hot-off-the-presses research report now.

It's yours FREE.

Most Popular Articles from

Image: Bigstock

3 Stocks to Gain From Expanding Southeast Asian Solar Market

Electricity consumption in this region is expected to double by 2040, leaving ample opportunities for the industry. Read More »

Image: Bigstock

Online Grocery Sales Set to Hit New High This Year: 4 Winners

Although the economy has opened, shopping online, particularly for grocery, remains the preferred choice. Read More »

Image: Bigstock

COVID-19 Vaccine Rollout Challenges Put These Stocks in Focus

Various firms across the supply chain stand to benefit from the opportunities arising from vaccine approval. Read More »

Image: Bigstock

5 Top Stocks to Buy Amid Potential Economic Recovery

We have handpicked five Zacks Rank #1 (Strong Buy) stocks that are poised to have positive earnings growth in the near term. Read More »

Image: Shutterstock

The History Behind a Day of Thanksgiving: Global Week Ahead

Most adults here in the States have memory of some or all of this story. This bears reading again as the full facts still enchant. Read More »


Today, See Zacks' Top Stocks for Free

Starting now, you can get instant access to the latest picks from our hottest market-beating strategies. From 2017 through Q2 2020 they gained +50.9%, +93.8%, +122.2, +153.0%, and even +156.8%.

Zacks will also give you a free Special Report, Top 10 Stock Screening Strategies with formulas you can use to find high-potential gainers anytime you please.

See Stocks Free >>

Image: Bigstock

Bull of the Day: Cross Country Healthcare (CCRN)

This medical staffing firm is going to benefit from the dramatic rise in healthcare salaries. Read More »

New Zacks Strong Buys for November 24th

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.