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Take the Zacks Approach to Beat the Market: Franklin Covey, Sea Limited, Rollins, Home Depot in Focus
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The three most widely followed stock market benchmarks ended last week in the green. The S&P 500 gained 1.9%, while the Dow Jones Industrial Average and the tech-heavy Nasdaq rose 0.8% and 4.6%, respectively.
The unexpectedly stable jobs report and decline in commodity prices helped equities offset the persistent selling pressure. While the data increased the odds of the Fed achieving a “soft landing” of the economy, it gives the central bank another reason to maintain its hawkish stance. So, the market’s rebound is unlikely in the near term.
Regardless of market conditions, we, here at Zacks, provide investors with unbiased guidance on how to beat the market.
Zacks Research guided investors last week with its time-tested methodologies as usual. Given the prevailing market uncertainty, you may want to look at our feats to prepare better for your next action.
Here are some of our key achievements from last week:
Franklin Covey Stock Goes Up on Zacks Rank Upgrade
Shares of Franklin Covey Co. (FC - Free Report) gained 4.8% since it was upgraded to a Zacks Rank #1 (Strong Buy) on July 2. The rating upgrade was primarily driven by an upward trend in earnings estimates, one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating.
For FC, the consensus EPS estimate of $1.21 for the current year has been revised up 39.1% over the past two months.
Rising earnings estimates and the consequent Zacks Rank upgrade for FC imply an improvement in the company's underlying business. And investors have started showing their appreciation for this improving business trend by pushing the stock higher.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988. You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>
Zacks Focus List Model Portfolio Stock Sea Limited Gains
Shares of Sea Limited (SE - Free Report) , which belongs to the Zacks Focus List, have shot up 12.3% over the past week. The Zacks Focus List is a model portfolio of 50 hand-picked stocks that possess the right fundamental ingredients to outperform the market over the next 12 months. These 50 stocks are picked from a long list of stocks with the highest Zacks Rank.
Sea Limited was added to the Focus List on March 26, 2020, at $44.04 per share. The stock has gained 76% since then to close the last trading session at $77.52.
Since its inception on February 1, 1996, the Focus List portfolio has delivered an annualized return of +12.9%.
Unlock all of our powerful research, tools and analysis, including the Focus List, Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. Gain full access now >>
Zacks ECAP Stock Rollins Delivers Solid Returns
Rollins, Inc. (ROL - Free Report) , a component of our Earnings Certain Admiral Portfolio (ECAP), surged 4.9% last week. ECAP is a model portfolio of 30 concentrated, ultra-defensive, long-term Buy and Hold stocks.
With little to no turnover and annual rebalance periodicity, the ECAP seeks to minimize capital loss by holding shares of companies whose earnings streams exhibit a proven 20+ year track record of surviving recessionary periods with minimal impact on aggregate earnings growth relative to the overall S&P 500.
In terms of last week’s returns, Intuit Inc. (INTU - Free Report) and Tractor Supply Company (TSCO - Free Report) followed Rollins with 4.8% and 3.9% gains, respectively.
The ECAP and many other model portfolios are available as part of Zacks Advisor Tools, a cloud-based solution to access Zacks award-winning stock, mutual fund and ETF research. Click here to schedule a demo.
Zacks ECDP Stock Home Depot Witnesses Significant Growth
The Home Depot, Inc. (HD - Free Report) , which is part of our Earnings Certain Dividend Portfolio (ECDP), jumped 2.7% last week. Investors looking to secure an income stream amid heightened market volatility by investing in quality dividend stocks was the main reason for this performance. Check Home Depot’s dividend history here>>>
With an extremely low Beta and a history of minimum earnings variability over the last 20+ years, this 25-stock portfolio helps significantly mitigate risk. The ECDP has consistently outperformed the S&P 500 Dividend Aristocrats ETF (NOBL).
Image: Bigstock
Take the Zacks Approach to Beat the Market: Franklin Covey, Sea Limited, Rollins, Home Depot in Focus
The three most widely followed stock market benchmarks ended last week in the green. The S&P 500 gained 1.9%, while the Dow Jones Industrial Average and the tech-heavy Nasdaq rose 0.8% and 4.6%, respectively.
The unexpectedly stable jobs report and decline in commodity prices helped equities offset the persistent selling pressure. While the data increased the odds of the Fed achieving a “soft landing” of the economy, it gives the central bank another reason to maintain its hawkish stance. So, the market’s rebound is unlikely in the near term.
Regardless of market conditions, we, here at Zacks, provide investors with unbiased guidance on how to beat the market.
Zacks Research guided investors last week with its time-tested methodologies as usual. Given the prevailing market uncertainty, you may want to look at our feats to prepare better for your next action.
Here are some of our key achievements from last week:
Franklin Covey Stock Goes Up on Zacks Rank Upgrade
Shares of Franklin Covey Co. (FC - Free Report) gained 4.8% since it was upgraded to a Zacks Rank #1 (Strong Buy) on July 2. The rating upgrade was primarily driven by an upward trend in earnings estimates, one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating.
For FC, the consensus EPS estimate of $1.21 for the current year has been revised up 39.1% over the past two months.
Rising earnings estimates and the consequent Zacks Rank upgrade for FC imply an improvement in the company's underlying business. And investors have started showing their appreciation for this improving business trend by pushing the stock higher.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988. You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>
Check Franklin Covey’s historical EPS and Sales here>>>
Image Source: Zacks Investment Research
Zacks Focus List Model Portfolio Stock Sea Limited Gains
Shares of Sea Limited (SE - Free Report) , which belongs to the Zacks Focus List, have shot up 12.3% over the past week. The Zacks Focus List is a model portfolio of 50 hand-picked stocks that possess the right fundamental ingredients to outperform the market over the next 12 months. These 50 stocks are picked from a long list of stocks with the highest Zacks Rank.
Sea Limited was added to the Focus List on March 26, 2020, at $44.04 per share. The stock has gained 76% since then to close the last trading session at $77.52.
Since its inception on February 1, 1996, the Focus List portfolio has delivered an annualized return of +12.9%.
Unlock all of our powerful research, tools and analysis, including the Focus List, Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. Gain full access now >>
Zacks ECAP Stock Rollins Delivers Solid Returns
Rollins, Inc. (ROL - Free Report) , a component of our Earnings Certain Admiral Portfolio (ECAP), surged 4.9% last week. ECAP is a model portfolio of 30 concentrated, ultra-defensive, long-term Buy and Hold stocks.
With little to no turnover and annual rebalance periodicity, the ECAP seeks to minimize capital loss by holding shares of companies whose earnings streams exhibit a proven 20+ year track record of surviving recessionary periods with minimal impact on aggregate earnings growth relative to the overall S&P 500.
In terms of last week’s returns, Intuit Inc. (INTU - Free Report) and Tractor Supply Company (TSCO - Free Report) followed Rollins with 4.8% and 3.9% gains, respectively.
The ECAP and many other model portfolios are available as part of Zacks Advisor Tools, a cloud-based solution to access Zacks award-winning stock, mutual fund and ETF research. Click here to schedule a demo.
Zacks ECDP Stock Home Depot Witnesses Significant Growth
The Home Depot, Inc. (HD - Free Report) , which is part of our Earnings Certain Dividend Portfolio (ECDP), jumped 2.7% last week. Investors looking to secure an income stream amid heightened market volatility by investing in quality dividend stocks was the main reason for this performance. Check Home Depot’s dividend history here>>>
With an extremely low Beta and a history of minimum earnings variability over the last 20+ years, this 25-stock portfolio helps significantly mitigate risk. The ECDP has consistently outperformed the S&P 500 Dividend Aristocrats ETF (NOBL).
Click here to access this portfolio on Zacks Advisor Tools.