Back to top

Press Releases

Zacks Equity Research

The Zacks Analyst Blog Highlights: Apple, Amazon and Facebook

AAPL AMZN FB

Trades from $3

For Immediate Release

Chicago, IL – November 29, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Apple (NASDAQ:(AAPL - Free Report) –Free Report),Amazon (NASDAQ:(AMZN - Free Report) –Free Report) and Facebook (NASDAQ:(FB - Free Report) – Free Report).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Monday’s Analyst Blog:

Tech Stock Roundup: AAPL, AMZN, FB Jump on Thanksgiving Traffic

Apple (NASDAQ:(AAPL - Free Report) –Free Report) and Amazon (NASDAQ:(AMZN - Free Report) – Free Report) shares were most rewarding in Thanksgiving week as shoppers opened their wallets, but Facebook (NASDAQ:(FB - Free Report) – Free Report) also jumped on news of its first share buyback plan.

Thanksgiving Again

The biggest shopping weekend of the year just happened and a ton of data has started pouring in, setting aside fears of weaker consumer spending and confirming that this year will be much bigger than the last.

Adobe Digital Insights, the National Retail Federation (NRF) and some retailers have started sharing encouraging sales numbers.

According to Adobe, more than $5 billion was spent online, with Black Friday sales topping $3 billion for the first time, up 21.6% from 2015. Thanksgiving sales were 11.5% higher. Mobile accounted for 57% of visits and 40% of sales on Thanksgiving Day and for the first time, accounted for more than a billion dollars in sales on Black Friday, up 33%. Shopper helper sites, email, displays, etc helped drive traffic this year with search ads and direct traffic contributing less than last year but remaining by far the largest drivers.

The five top selling toys were Lego Creator Sets, electric scooters from Razor, Nerf Guns, DJI Phantom Drones and Barbie Dreamhouse. The five top selling electronic products on Black Friday were Apple iPads, Samsung 4k TVs, Apple MacBook Air, LG TVs and Microsoft Xbox. Adobe collected anonymous data from 22.6 billion visits to retail websites and measured 80% of all online transactions from the top 100 U.S. retailers.

According to the annual Thanksgiving weekend results survey released by the National Retail Federation and Prosper Insights & Analytics, average spending per person totaled $289.19, down slightly from $299.60 in 2015. Around 74% of spending was on gifts. Online shopping was slightly more popular than in-store with 44% of respondents going online and 40% shopping in-store. 36% shopped online on Thanksgiving Day (36% shopped in-store), 74% on Black Friday(75% in-store), 49% on Saturday (40% in-store) and 34% on Sunday (17% in-store). So it’s apparent that many shopped both online and in-store and probably also made use of omni-channel facilities.

Significantly, only 9% of shoppers have completed holiday shopping. 80% of millennials shopped during the weekend, underscoring the importance of the demographic to retailers. According to the survey, 56% of smartphone owners and 53% of tablet owners used their devices. The most popular gifts were clothing or clothing accessories, toys, electronics, books, CDs, DVDs, videos or video games and gift cards.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

Get the full Report on AAPL - FREE

Get the full Report on AMZN - FREE

Get the full Report on FB - FREE

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.

This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.