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The Zacks Analyst Blog Highlights: Danaher, Colgate-Palmolive, Facebook and Stanley Black & Decker
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For Immediate Release
Chicago, IL – October 12, 2017 – 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 Danaher Corporation (NYSE:(DHR - Free Report) – Free Report), Colgate-Palmolive Company (NYSE:(CL - Free Report) – Free Report), Facebook, Inc. (NASDAQ: – Free Report) and Stanley Black & Decker, Inc. (NYSE:(SWK - Free Report) – Free Report).
Here are highlights from Wednesday’s Analyst Blog:
4 Stocks from 4 Top Sectors Set to Beat This Earnings Season
Time flies! We are already into the third-quarter 2017 reporting cycle, and as always, investors are gearing up to make most of earnings season.
Talking of making the most, we believe that diversification is one of the most successful investment strategies. That being said, we have brought to focus five solid S&P 500 stocks from five top-ranked Zacks sectors, which are likely to gain ground this earnings season. However, before getting into the stocks, let’s take a look at the picture painted so far and the expectations for the third quarter on the whole.
A Glimpse of Yesterday & Signals for Tomorrow
Per the latest Earnings Trends, 22 S&P 500 companies have reported financial numbers. Notably, 86.4% of these companies delivered an earnings beat, with 81.8% surpassing revenue estimates. Further, total earnings of these firms advanced 27.1% year over year, buoyed by a 7.3% jump in revenues. Clearly, the performance so far is nearly at levels with the second quarter, though it displays a considerable improvement when compared with the 4 and 12-quarter averages.
A glimpse at the overall expectations for the third quarter reveals that total earnings for the S&P 500 index is envisioned to rise 2.3%, with revenues likely to jump 5%. Also, major contributions of the earnings growth are expected to come from the Energy, Conglomerates and Technology sectors, out of which Energy and Conglomerates are anticipated to witness double-digit earnings growth.
Diversification a Win-Win Strategy: 5 Gems from 5 Solid Spaces
While the overall earnings growth in Q3 is expected to be lowest among all four quarters of 2017, the earnings season still offers good scope for investors, especially in some top-ranked Zacks sectors that are likely to witness year-over-year earnings and revenue growth. The sectors demanding attention are the Conglomerates, Consumer Staples, Technology and Industrial Products that are ranked among the top 13%, 19%, 25% and 31%, respectively out of all 16 classifications.
Here is the winning strategy: Plucking an S&P 500 stock from each top-ranked sector that possesses a favorable combination of Zacks Rank #1 (Strong Buy) or 2 (Buy) with a positive Earnings ESP. Our research shows that the chance of a positive earnings surprise is as high as 70% for stocks holding such a combination. You can uncover the best stocks to buy or sell before they’re reported with ourEarnings ESP Filter.
Danaher Corporation(NYSE:(DHR - Free Report) – Free Report) is a global conglomerate that designs, manufactures and markets diverse lines of industrial and consumer products. With an Earnings ESP of +0.57%, the company is likely to beat earnings estimates when it posts third-quarter 2017 results on Oct 19.
Notably, this stock with a long-term earnings growth rate of 11.5% has surged 12.6% year to date, surpassing the sector’s 0.6% growth. Also, this Zacks Rank #2 company has a splendid positive earnings surprise history. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
New York-based Colgate-Palmolive Company (NYSE:(CL - Free Report) – Free Report) is a viable bet from the Consumer Staples space. This Zacks Rank #2 company with a long-term growth rate of 8.6% hasn’t reported a single negative earnings surprise in the trailing four quarters. In fact, its favorable Earnings ESP of +0.55% makes us reasonably confident of an earnings beat, when Colgate reports results on Oct 27. Notably, this global consumer goods behemoth has jumped 13.3% so far this year, beating the sector’s 12.3% rise.
Facebook, Inc.(NASDAQ: – Free Report) clearly remains strong in the technology space. This social media giant has topped earnings estimates in each of the trailing four quarters. Also, Facebook’s Zacks Rank #2 and Earnings ESP of +1.76% signal chances of the company to beat earnings yet again, on Nov 1. Facebook’s long-term growth rate of 24.5% and its marvelous stock performance is also worth noting. Evidently, shares of the company have soared 49.1% this year, crushing the sector’s solid growth of 23%.
Stanley Black & Decker, Inc. (NYSE:(SWK - Free Report) – Free Report), which manufactures tools and engineered security solutions across the globe, has rallied 37.7% year to date, cruising the sector’s 18.4% growth. With a Zacks Rank #2 and an Earnings ESP of +2.09%, the company is likely to beat earnings estimates when it posts third-quarter 2017 results on Oct 24.
Notably, this New Britain-based company has a long-term earnings growth rate of 10.3%. The company’s robust earnings surprise record is a cherry on the cake.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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 >>.
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.
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.
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The Zacks Analyst Blog Highlights: Danaher, Colgate-Palmolive, Facebook and Stanley Black & Decker
For Immediate Release
Chicago, IL – October 12, 2017 – 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 Danaher Corporation (NYSE:(DHR - Free Report) – Free Report), Colgate-Palmolive Company (NYSE:(CL - Free Report) – Free Report), Facebook, Inc. (NASDAQ: – Free Report) and Stanley Black & Decker, Inc. (NYSE:(SWK - Free Report) – Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Wednesday’s Analyst Blog:
4 Stocks from 4 Top Sectors Set to Beat This Earnings Season
Time flies! We are already into the third-quarter 2017 reporting cycle, and as always, investors are gearing up to make most of earnings season.
Talking of making the most, we believe that diversification is one of the most successful investment strategies. That being said, we have brought to focus five solid S&P 500 stocks from five top-ranked Zacks sectors, which are likely to gain ground this earnings season. However, before getting into the stocks, let’s take a look at the picture painted so far and the expectations for the third quarter on the whole.
A Glimpse of Yesterday & Signals for Tomorrow
Per the latest Earnings Trends, 22 S&P 500 companies have reported financial numbers. Notably, 86.4% of these companies delivered an earnings beat, with 81.8% surpassing revenue estimates. Further, total earnings of these firms advanced 27.1% year over year, buoyed by a 7.3% jump in revenues. Clearly, the performance so far is nearly at levels with the second quarter, though it displays a considerable improvement when compared with the 4 and 12-quarter averages.
A glimpse at the overall expectations for the third quarter reveals that total earnings for the S&P 500 index is envisioned to rise 2.3%, with revenues likely to jump 5%. Also, major contributions of the earnings growth are expected to come from the Energy, Conglomerates and Technology sectors, out of which Energy and Conglomerates are anticipated to witness double-digit earnings growth.
Diversification a Win-Win Strategy: 5 Gems from 5 Solid Spaces
While the overall earnings growth in Q3 is expected to be lowest among all four quarters of 2017, the earnings season still offers good scope for investors, especially in some top-ranked Zacks sectors that are likely to witness year-over-year earnings and revenue growth. The sectors demanding attention are the Conglomerates, Consumer Staples, Technology and Industrial Products that are ranked among the top 13%, 19%, 25% and 31%, respectively out of all 16 classifications.
Here is the winning strategy: Plucking an S&P 500 stock from each top-ranked sector that possesses a favorable combination of Zacks Rank #1 (Strong Buy) or 2 (Buy) with a positive Earnings ESP. Our research shows that the chance of a positive earnings surprise is as high as 70% for stocks holding such a combination. You can uncover the best stocks to buy or sell before they’re reported with ourEarnings ESP Filter.
Here Are the Gems
Conglomerates (2 out of 16)
Expected Earnings Growth Rate in Q3 — 16.1%
Expected Revenue Growth Rate — 5.5%
Danaher Corporation(NYSE:(DHR - Free Report) – Free Report) is a global conglomerate that designs, manufactures and markets diverse lines of industrial and consumer products. With an Earnings ESP of +0.57%, the company is likely to beat earnings estimates when it posts third-quarter 2017 results on Oct 19.
Notably, this stock with a long-term earnings growth rate of 11.5% has surged 12.6% year to date, surpassing the sector’s 0.6% growth. Also, this Zacks Rank #2 company has a splendid positive earnings surprise history. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Consumer Staples(3 out of 16)
Expected Earnings Growth Rate in Q3— 1.7%
Expected Revenue Growth Rate — 2.2%
New York-based Colgate-Palmolive Company (NYSE:(CL - Free Report) – Free Report) is a viable bet from the Consumer Staples space. This Zacks Rank #2 company with a long-term growth rate of 8.6% hasn’t reported a single negative earnings surprise in the trailing four quarters. In fact, its favorable Earnings ESP of +0.55% makes us reasonably confident of an earnings beat, when Colgate reports results on Oct 27. Notably, this global consumer goods behemoth has jumped 13.3% so far this year, beating the sector’s 12.3% rise.
Technology(4 out of 16)
Expected Earnings Growth Rate in Q3— 9.7%
Expected Revenue Growth Rate — 6.7%
Facebook, Inc.(NASDAQ: – Free Report) clearly remains strong in the technology space. This social media giant has topped earnings estimates in each of the trailing four quarters. Also, Facebook’s Zacks Rank #2 and Earnings ESP of +1.76% signal chances of the company to beat earnings yet again, on Nov 1. Facebook’s long-term growth rate of 24.5% and its marvelous stock performance is also worth noting. Evidently, shares of the company have soared 49.1% this year, crushing the sector’s solid growth of 23%.
Industrial Products(5 out of 16)
Expected Earnings Growth Rate in Q3— 8.7%
Expected Revenue Growth Rate — 2.7%
Stanley Black & Decker, Inc. (NYSE:(SWK - Free Report) – Free Report), which manufactures tools and engineered security solutions across the globe, has rallied 37.7% year to date, cruising the sector’s 18.4% growth. With a Zacks Rank #2 and an Earnings ESP of +2.09%, the company is likely to beat earnings estimates when it posts third-quarter 2017 results on Oct 24.
Notably, this New Britain-based company has a long-term earnings growth rate of 10.3%. The company’s robust earnings surprise record is a cherry on the cake.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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 >>.
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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.