We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
On today’s episode of Full Court Finance at Zacks, Ben Rains discusses some of the current market conditions after the recent tech-driven correction. The episode then dives into five highly-ranked Zacks stocks that investors might want to consider buying despite the recent return of increased volatility.
The Nasdaq jumped around 2% through early afternoon trading on Monday, as the market bounced back to start the week, in what has been an up and down few sessions following the market’s ultra-fast correction. The Nasdaq rests about 8% off its September 2 highs, with the S&P 500 over 5% below its recent record.
Analysts and investors had been projecting a pullback in the tech-driven market rally for months that saw Tesla (TSLA - Free Report) , Apple (AAPL - Free Report) , and others all soar through the start of September. And more selling could be on the horizon, given the uncertainty of the upcoming election, U.S.-China trade tension, and more.
Yet investors with longer-term horizons don’t need to try to time the market so precisely. Even with the return of volatility, institutional investors aren’t dumping tech outright. Plus, they must find returns somewhere with interest rates pinned near zero for the foreseeable future, creating what could be a sustained run of there is no alternative stock market investing.
Given this backdrop, continuing to hunt for stocks to add might be advantageous for some investors. So we explored five stocks that all boast Zacks Rank #1 (Strong Buy) standings at the moment, with strong outlooks.
Target (TGT - Free Report) is the first stock up. The retailer has thrived during the pandemic through e-commerce and in-store expansion, and it might be worth considering over rival Walmart (WMT - Free Report) .
The next name we dive into is Zoom Video (ZM - Free Report) . The firm has proven to Wall Street that it’s a pandemic champion and its offerings might have real staying power. And ZM shares still rest 13% off their recent highs, after slipping as much as 20%.
We then take a look at The Boston Beer Company (SAM - Free Report) . SAM is set to expand its top and bottom lines on the back of hard seltzer that is clearly the next revolution in the market.
Scotts Miracle-Gro (SMG - Free Report) is known for its consumer lawn and garden products, but it has proven recently to be one of the best and safest bets on the growing marijuana industry, as well as indoor farming in general.
The episode closes out with Yeti (YETI - Free Report) . The high-end cooler company has expanded its reach and it might be worth considering next to the likes of Lululemon (LULU - Free Report) and Peloton (PTON - Free Report) .
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.
Image: Bigstock
5 Highly-Ranked Stocks to Buy Now Despite Market Volatility Worries
On today’s episode of Full Court Finance at Zacks, Ben Rains discusses some of the current market conditions after the recent tech-driven correction. The episode then dives into five highly-ranked Zacks stocks that investors might want to consider buying despite the recent return of increased volatility.
The Nasdaq jumped around 2% through early afternoon trading on Monday, as the market bounced back to start the week, in what has been an up and down few sessions following the market’s ultra-fast correction. The Nasdaq rests about 8% off its September 2 highs, with the S&P 500 over 5% below its recent record.
Analysts and investors had been projecting a pullback in the tech-driven market rally for months that saw Tesla (TSLA - Free Report) , Apple (AAPL - Free Report) , and others all soar through the start of September. And more selling could be on the horizon, given the uncertainty of the upcoming election, U.S.-China trade tension, and more.
Yet investors with longer-term horizons don’t need to try to time the market so precisely. Even with the return of volatility, institutional investors aren’t dumping tech outright. Plus, they must find returns somewhere with interest rates pinned near zero for the foreseeable future, creating what could be a sustained run of there is no alternative stock market investing.
Given this backdrop, continuing to hunt for stocks to add might be advantageous for some investors. So we explored five stocks that all boast Zacks Rank #1 (Strong Buy) standings at the moment, with strong outlooks.
Target (TGT - Free Report) is the first stock up. The retailer has thrived during the pandemic through e-commerce and in-store expansion, and it might be worth considering over rival Walmart (WMT - Free Report) .
The next name we dive into is Zoom Video (ZM - Free Report) . The firm has proven to Wall Street that it’s a pandemic champion and its offerings might have real staying power. And ZM shares still rest 13% off their recent highs, after slipping as much as 20%.
We then take a look at The Boston Beer Company (SAM - Free Report) . SAM is set to expand its top and bottom lines on the back of hard seltzer that is clearly the next revolution in the market.
Scotts Miracle-Gro (SMG - Free Report) is known for its consumer lawn and garden products, but it has proven recently to be one of the best and safest bets on the growing marijuana industry, as well as indoor farming in general.
The episode closes out with Yeti (YETI - Free Report) . The high-end cooler company has expanded its reach and it might be worth considering next to the likes of Lululemon (LULU - Free Report) and Peloton (PTON - Free Report) .
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.
See these 7 breakthrough stocks now>>