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 Soar On Vaccine News And Improving Economic Outlook

Stocks soared on Monday with all of the indexes up roughly 2% or more. (The Nasdaq and small-cap Russell 2000 were up over 3%.)

While the story last week was rising bond yields weighing on stocks (which was misguided given that the Fed has said they aren't budging on rates anytime soon), the story this week, so far, seems to be back to the improving economic picture. As it should be.

Traders will also be eying stimulus developments. The House passed the $1.9 trillion package last week. The Senate will be debating it this week, with the markets hoping something gets passed before March 14th, which is when federal extended unemployment benefits start expiring.

The market also cheered the authorization for Johnson & Johnson's vaccine. That now makes 3 vaccines here in the states.

And that comes on the heels of sharply lower case counts, while more and more people get vaccinated.

We've always known that the vaccines would be the beginning of the end of the pandemic. And we're seeing it happen.

As more and more big cities loosen restrictions, and more and more businesses open up, we should see big pent-up demand being unleashed, and that should send the economy and the market soaring.

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

See you tomorrow,

Kevin Matras

Executive Vice President, Zacks Investment Research


FINALLY... Elon Musk's Secretive Supplier Revealed?

Forget Tesla. It's the company that's been supplying this key piece of tech to Elon Musk that will shock everyone.

This is all part of a $30 trillion megatrend.

And I'm not talking about blockchain, artificial intelligence, 5G, robotics, or the Internet of Things.

This trend is BIGGER than all of those things COMBINED!

And if Elon Musk mentions this company in a tweet, there's no telling how high shares could go.

Click here and get all the details before it's too late.

Most Popular Articles from

Image: Bigstock

5 Top-Rated S&P 500 Growth Stocks to Buy in March

Each of these index stocks currently possess a Zacks Rank #1 (Strong Buy) or 2 (Buy) and a Growth Score of A or B. Read More »

Image: Bigstock

Consumer Spending Jumps to Seven-Month High: 5 Picks

The rise in consumer spending makes it an ideal time to invest in these five stocks, which are poised to do well as the economy further recovers. Read More »

Image: Bigstock

5 Energy Stocks That Gave S&P 500 a Big Boost in February

The energy space that topped the S&P standings in February had a gain of more than 18%. Read More »

Image: Bigstock

4 Top Stocks From the Prospering Manufacturing Electronics Industry

With the reopening of global economies, the industry is anticipated to gain from growth in domestic and international orders. Read More »

Image: Bigstock

4 Satellite Stocks That are Braving Industry Challenges

Growing demand for small satellite constellations with enhanced deployment for commercial end users is helping the market. 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: Shutterstock

Bull of the Day: Havertys (HVT)

Furniture demand remains red-hot in 2021. Read More »

New Zacks Strong Buys for March 2nd

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.