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Comfort Systems and PulteGroup have been highlighted as Zacks Bull and Bear of the Day
Read MoreHide Full Article
For Immediate Release
Chicago, IL – November 3, 2026 – Zacks Equity Research shares Comfort Systems USA, Inc. (FIX - Free Report) as the Bull of the Day and PulteGroup, Inc. (PHM - Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on McDonald's Corp. (MCD - Free Report) , Darden Restaurants, Inc. (DRI - Free Report) and Starbucks Corp. (SBUX - Free Report) .
Comfort Systems USA, Inc. continues to crush it in the data center trade. This Zacks Rank #1 (Strong Buy) is now expected to grow 2026 sales at 48.6%.
Comfort Systems provides commercial, industrial, and institutional heating, ventilation, air conditioning, and electrical contracting services. It has 211 locations in 155 cities across the United States.
Comfort Systems USA Extends Its Earnings Surprise Streak
On Oct 22, 2026, Comfort Systems USA reported its third quarter 2026 results and beat on the Zacks Consensus for the nineteenth time in a row. It hasn’t missed since 2022. That’s an impressive earnings streak.
It reported earnings of $13.91, which easily beat the Zacks Consensus of $12.71.
Revenue was up 50% to $3.77 billion year-over-year.
Cash flow exceeded $1 billion in the quarter compared to $553.3 million in 2025.
Backlog as of Sep 30, 2026, jumped to $17.8 billion compared to $14.1 billion as of June 30, 2026, and $9.38 billion a year ago, as of Sep 30, 2025. On a same-store basis, backlog rose to $17.4 billion as of Sep 30, 2026, up from $9.4 billion as of Sep 30, 2025.
“Relentless demand, together with our competence and reputation, produced sequential backlog growth of $3.8 billion, and a year over year backlog increase exceeding $8.0 billion,” said Brian Lane, CEO of Comfort Systems USA.
“We continue to experience robust demand, and thanks to the dedication and excellence of our workforce, we believe that through year end and for 2027 we are well-positioned to grow organically, and to maintain high levels of profitability and solid ongoing cash flow,” he added.
Analysts Are Bullish on Comfort Systems USA in 2026 and 2027
It was another great quarter for Comfort Systems USA so it shouldn’t be surprising that the analysts are bullish.
Three estimates were revised higher for 2026 in the last week which pushed up the Zacks Consensus Estimate to $50.18 from $48.60. The most accurate estimate, which is the most recent, is even more bullish at $50.77.
This is earnings growth of 73.8% year-over-year. Comfort Systems only made $28.88 last year.
Analysts are also bullish on 2027. Four estimates have been revised higher in the last week for next year, sending the Zacks Consensus up to $65.30 from $58.85 in the last seven days.
That’s another 30% earnings growth.
The AI data center trade is not slowing if you look at the price, consensus and surprise chart.
Comfort Systems USA Shares Plunge: Should You Be Buying?
It didn’t matter that Comfort Systems USA beat again and the estimates are up. The Street has decided that the AI Revolution stock trade is over and the stocks need to be sold.
This has created a buying opportunity in Comfort Systems USA.
Shares are down 35.7% over the last six months so valuations look much more attractive.
Comfort Systems USA now has a forward P/E of 24.6. While a P/E above 15 is usually not considered a value stock, Comfort Systems was much more expensive just a few months ago. For a growth stock, a P/E of 24.6 is attractive.
Comfort Systems is also shareholder friendly. On Oct 22, 2026, it raised its quarterly dividend by $0.10 to $1.00 per share. That’s yielding 0.3%.
It’s payable on Nov 23, 2026, to shareholders of record as of the close of business on Nov 12, 2026.
For investors who are looking for an AI Revolution growth stock with reasonable valuations, Comfort Systems USA should be on your short list.
PulteGroup, Inc. is still waiting for a housing recovery. This Zacks Rank #5 (Strong Sell) is expected to see earnings decline in 2026 for the second year in a row.
PulteGroup is the third largest homebuilder in the United States with operations in 26 states and over 45 major markets. It’s portfolio of brands includes Centex, Pulte Homes, Del Webb, DiVosta, and John Wieland Homes and Neighborhoods.
PulteGroup serves 38% first-time buyers, 40% move-up, and 22% active adult.
PulteGroup Missed on Earnings in the Third Quarter of 2026
On Oct 22, 2026, PulteGroup reported third quarter 2026 results and missed on the Zacks Consensus by $0.10. Earnings were $2.53 versus the Consensus of $2.63.
It has missed twice in the last four quarters.
Revenue fell 9% to $3.9 billion from $4.2 billion a year ago. The revenue was impacted by a 9% decrease in closings to 6,876 homes, in combination with a 1% decrease in the average sales price of closed homes to $561,000.
Gross margin, the key component for homebuilders, fell to 24.8% from 26.2% in the third quarter of 2025. While the gross margin did fall, a gross margin over 20%, for a homebuilder, is still bullish. A bear market is usually gross margin under 20%.
60% of its business is now focused on the move-up buyer and active adults, which allows it diversification during these tougher times for first time buyers.
“The rapid increase in interest rates has stretched affordability even further, made selling an existing home even harder, and has pushed even more consumers to the sidelines,” said Ryan Marshall, CEO.
“Within this environment, we continue to appropriately balance the price and pace of home sales, align production accordingly, and remain disciplined in our allocation of capital,” he added.
Analysts Are Bearish on PulteGroup for 2026 and 2027
With mortgage rates still elevated, it’s unclear when the housing market is going to see a recovery. PulteGroup’s gross margins are also on the decline.
It’s not surprising, then, that analysts are cutting their earnings estimates for 2026 and also 2027.
Five estimates were cut for 2026 in the last 30 days. It has pushed down the Zacks Consensus to $9.51 from $10.12 in the last 60 days. That’s an earnings decline of 16.9% as the company made $11.44 in 2025.
Five estimates were also cut in the last 30 days for 2027. The Zacks Consensus has fallen to $9.63 from $11.11 in the prior month. That’s only a 1.3% gain year-over-year as the 2026 consensus now sits at $9.51.
To recap: earnings declined 22.1% in 2025. They are expected to fall 16.9% in 2026 and grow just 1.3% in 2027. Here’s what it looks like on the price and consensus chart.
Shares of PulteGroup Hang On
While the AI stocks sold off in the last month, PulteGroup did the opposite. The 10-year treasury came back down under 5.00% and that means lower mortgage rates. Usually this stimulates homebuying.
As a result, shares of PulteGroup are up 13.4% over the last month. They also remain higher year-to-date by 12%.
While earnings are on the decline, the shares have been trading in a narrow range the last few years. They haven't broken down.
PulteGroup is cheap with a forward price-to-earning (P/E) ratio of 13. A P/E ratio under 15 usually indicates a company is undervalued.
It is shareholder-friendly, paying a dividend which is currently yielding 0.8%.
It’s a tough market for homebuilders in 2026. For investors interested in getting in on PulteGroup, you might want to wait for the earnings estimates to turn around and the Zacks Rank to improve.
Additional content:
McDonald's Stock Ahead of Q3 Earnings: Buy, Sell or Hold?
In the last reported quarter, the company's earnings beat the Zacks Consensus Estimate by 1.8%. MCD's earnings surpassed estimates in three of the trailing four quarters and missed once. The average beat over this period is 0.9%, as shown in the chart below.
Trend in Estimate Revision
The Zacks Consensus Estimate for third-quarter earnings per share (EPS) has decreased to $3.36 from $3.37 in the past 30 days. The estimated figure indicates a 4.4% increase from the year-ago EPS of $3.22. The consensus mark for revenues is pegged at $7.28 billion, indicating 2.9% year-over-year growth.
What the Zacks Model Unveils
Our proven model doesn't predict an earnings beat for McDonald's this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here.
Earnings ESP: McDonald's has an Earnings ESP of -0.10%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Zacks Rank: The company carries a Zacks Rank #4 (Sell) at present.
McDonald's beverage platform expansion, featuring crafted sodas, refreshers, cold coffee and energy drinks, might have supported sales growth in third-quarter 2026. Strong initial performance in the United States, Canada and Germany, along with higher food attachment and increased afternoon traffic, may have boosted revenue. The continued popularity of $5 Meal Deals and Extra Value Meals, supported by renewed digital promotions, might also have encouraged customer visits.
International markets are likely to have provided additional sales support. Management expected comparable sales growth in International Operated Markets and International Developmental Licensed Markets to have accelerated sequentially in the third quarter. Menu innovation, value offerings and loyalty programs in markets such as Germany, Australia, the United Kingdom and Japan might have aided performance. Restaurant expansion might have also contributed incremental sales.
McDonald's U.S. business continued to face pressure from subdued consumer spending and weak restaurant traffic. Management said U.S. comparable sales were slightly negative in July. Inconsistent execution of the EDAP menu, lower-than-expected customer awareness and the withdrawal of certain digital promotions might have continued to weigh on customer visits.
Operational challenges and marketing inefficiencies might have further constrained sales. Multiple product launches and promotional campaigns overwhelmed restaurant teams, leading to longer service times and lower customer satisfaction. The FIFA campaign also generated a lower-than-expected sales uplift, potentially limiting top-line growth.
McDonald's franchise-based business model and continued contributions from international markets might have supported profitability. The beverage platform's incremental sales and improved food attachment are expected to have boosted restaurant-level performance. Efforts to simplify restaurant operations, reduce non-customer-facing activities and streamline global systems might have improved efficiency and helped control costs. Foreign currency translation is expected to have provided some earnings support.
Persistent inflationary pressures on food, paper and labor costs might have weighed on McDonald's operating margins. Increased spending on value offerings, digital promotions and marketing initiatives aimed at reviving customer traffic might have further pressured profitability.
Additionally, operational inefficiencies, longer service times and weaker customer traffic are likely to have reduced restaurant productivity and operating leverage. The need to maintain competitive pricing amid elevated input costs might have further constrained margin growth.
Price Performance & Valuation
In the past year, the company has declined 12.9% compared with the Restaurant industry's decrease of 0.5%. The stock has also underperformed the S&P 500's rally of 10%. Other industry players like Darden Restaurants, Inc. and Starbucks Corp. have gained 24%, 28% and 4.1%, respectively.
Let us assess the value MCD offers to investors at its current levels.
From a valuation point of view, the stock is trading at a discount. MCD's forward 12-month price-to-earnings ratio stands at 19.07, lower than the industry's ratio of 21.56.
Investment Thoughts
McDonald's continues to face challenges from sluggish U.S. customer traffic, inconsistent execution of value offerings and operational inefficiencies, which could limit its sales recovery and weigh on profitability. Elevated food, paper and labor costs, coupled with increased promotional spending, might further pressure margins.
The negative Earnings ESP and Zacks Rank #4 also fail to provide confidence in an earnings beat ahead of the third-quarter results. Although MCD's valuation appears attractive relative to the industry, its ongoing operational and fundamental challenges, along with subdued earnings expectations, suggest limited near-term upside potential. Therefore, investors may be better off avoiding fresh positions in the stock ahead of the earnings announcement and waiting for clearer signs of improving traffic, execution and profitability.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can access their live picks without cost or obligation.
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
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/performancefor information about the performance numbers displayed in this press release.
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Comfort Systems and PulteGroup have been highlighted as Zacks Bull and Bear of the Day
For Immediate Release
Chicago, IL – November 3, 2026 – Zacks Equity Research shares Comfort Systems USA, Inc. (FIX - Free Report) as the Bull of the Day and PulteGroup, Inc. (PHM - Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on McDonald's Corp. (MCD - Free Report) , Darden Restaurants, Inc. (DRI - Free Report) and Starbucks Corp. (SBUX - Free Report) .
Here is a synopsis of all five stocks:
Bull of the Day:
Comfort Systems USA, Inc. continues to crush it in the data center trade. This Zacks Rank #1 (Strong Buy) is now expected to grow 2026 sales at 48.6%.
Comfort Systems provides commercial, industrial, and institutional heating, ventilation, air conditioning, and electrical contracting services. It has 211 locations in 155 cities across the United States.
Comfort Systems USA Extends Its Earnings Surprise Streak
On Oct 22, 2026, Comfort Systems USA reported its third quarter 2026 results and beat on the Zacks Consensus for the nineteenth time in a row. It hasn’t missed since 2022. That’s an impressive earnings streak.
It reported earnings of $13.91, which easily beat the Zacks Consensus of $12.71.
Revenue was up 50% to $3.77 billion year-over-year.
Cash flow exceeded $1 billion in the quarter compared to $553.3 million in 2025.
Backlog as of Sep 30, 2026, jumped to $17.8 billion compared to $14.1 billion as of June 30, 2026, and $9.38 billion a year ago, as of Sep 30, 2025. On a same-store basis, backlog rose to $17.4 billion as of Sep 30, 2026, up from $9.4 billion as of Sep 30, 2025.
“Relentless demand, together with our competence and reputation, produced sequential backlog growth of $3.8 billion, and a year over year backlog increase exceeding $8.0 billion,” said Brian Lane, CEO of Comfort Systems USA.
“We continue to experience robust demand, and thanks to the dedication and excellence of our workforce, we believe that through year end and for 2027 we are well-positioned to grow organically, and to maintain high levels of profitability and solid ongoing cash flow,” he added.
Analysts Are Bullish on Comfort Systems USA in 2026 and 2027
It was another great quarter for Comfort Systems USA so it shouldn’t be surprising that the analysts are bullish.
Three estimates were revised higher for 2026 in the last week which pushed up the Zacks Consensus Estimate to $50.18 from $48.60. The most accurate estimate, which is the most recent, is even more bullish at $50.77.
This is earnings growth of 73.8% year-over-year. Comfort Systems only made $28.88 last year.
Analysts are also bullish on 2027. Four estimates have been revised higher in the last week for next year, sending the Zacks Consensus up to $65.30 from $58.85 in the last seven days.
That’s another 30% earnings growth.
The AI data center trade is not slowing if you look at the price, consensus and surprise chart.
Comfort Systems USA Shares Plunge: Should You Be Buying?
It didn’t matter that Comfort Systems USA beat again and the estimates are up. The Street has decided that the AI Revolution stock trade is over and the stocks need to be sold.
This has created a buying opportunity in Comfort Systems USA.
Shares are down 35.7% over the last six months so valuations look much more attractive.
Comfort Systems USA now has a forward P/E of 24.6. While a P/E above 15 is usually not considered a value stock, Comfort Systems was much more expensive just a few months ago. For a growth stock, a P/E of 24.6 is attractive.
Comfort Systems is also shareholder friendly. On Oct 22, 2026, it raised its quarterly dividend by $0.10 to $1.00 per share. That’s yielding 0.3%.
It’s payable on Nov 23, 2026, to shareholders of record as of the close of business on Nov 12, 2026.
For investors who are looking for an AI Revolution growth stock with reasonable valuations, Comfort Systems USA should be on your short list.
Bear of the Day:
PulteGroup, Inc. is still waiting for a housing recovery. This Zacks Rank #5 (Strong Sell) is expected to see earnings decline in 2026 for the second year in a row.
PulteGroup is the third largest homebuilder in the United States with operations in 26 states and over 45 major markets. It’s portfolio of brands includes Centex, Pulte Homes, Del Webb, DiVosta, and John Wieland Homes and Neighborhoods.
PulteGroup serves 38% first-time buyers, 40% move-up, and 22% active adult.
PulteGroup Missed on Earnings in the Third Quarter of 2026
On Oct 22, 2026, PulteGroup reported third quarter 2026 results and missed on the Zacks Consensus by $0.10. Earnings were $2.53 versus the Consensus of $2.63.
It has missed twice in the last four quarters.
Revenue fell 9% to $3.9 billion from $4.2 billion a year ago. The revenue was impacted by a 9% decrease in closings to 6,876 homes, in combination with a 1% decrease in the average sales price of closed homes to $561,000.
Gross margin, the key component for homebuilders, fell to 24.8% from 26.2% in the third quarter of 2025. While the gross margin did fall, a gross margin over 20%, for a homebuilder, is still bullish. A bear market is usually gross margin under 20%.
60% of its business is now focused on the move-up buyer and active adults, which allows it diversification during these tougher times for first time buyers.
“The rapid increase in interest rates has stretched affordability even further, made selling an existing home even harder, and has pushed even more consumers to the sidelines,” said Ryan Marshall, CEO.
“Within this environment, we continue to appropriately balance the price and pace of home sales, align production accordingly, and remain disciplined in our allocation of capital,” he added.
Analysts Are Bearish on PulteGroup for 2026 and 2027
With mortgage rates still elevated, it’s unclear when the housing market is going to see a recovery. PulteGroup’s gross margins are also on the decline.
It’s not surprising, then, that analysts are cutting their earnings estimates for 2026 and also 2027.
Five estimates were cut for 2026 in the last 30 days. It has pushed down the Zacks Consensus to $9.51 from $10.12 in the last 60 days. That’s an earnings decline of 16.9% as the company made $11.44 in 2025.
Five estimates were also cut in the last 30 days for 2027. The Zacks Consensus has fallen to $9.63 from $11.11 in the prior month. That’s only a 1.3% gain year-over-year as the 2026 consensus now sits at $9.51.
To recap: earnings declined 22.1% in 2025. They are expected to fall 16.9% in 2026 and grow just 1.3% in 2027. Here’s what it looks like on the price and consensus chart.
Shares of PulteGroup Hang On
While the AI stocks sold off in the last month, PulteGroup did the opposite. The 10-year treasury came back down under 5.00% and that means lower mortgage rates. Usually this stimulates homebuying.
As a result, shares of PulteGroup are up 13.4% over the last month. They also remain higher year-to-date by 12%.
While earnings are on the decline, the shares have been trading in a narrow range the last few years. They haven't broken down.
PulteGroup is cheap with a forward price-to-earning (P/E) ratio of 13. A P/E ratio under 15 usually indicates a company is undervalued.
It is shareholder-friendly, paying a dividend which is currently yielding 0.8%.
It’s a tough market for homebuilders in 2026. For investors interested in getting in on PulteGroup, you might want to wait for the earnings estimates to turn around and the Zacks Rank to improve.
Additional content:
McDonald's Stock Ahead of Q3 Earnings: Buy, Sell or Hold?
McDonald's Corp. is slated to release third-quarter 2026 results on Nov. 4, before the opening bell.
In the last reported quarter, the company's earnings beat the Zacks Consensus Estimate by 1.8%. MCD's earnings surpassed estimates in three of the trailing four quarters and missed once. The average beat over this period is 0.9%, as shown in the chart below.
Trend in Estimate Revision
The Zacks Consensus Estimate for third-quarter earnings per share (EPS) has decreased to $3.36 from $3.37 in the past 30 days. The estimated figure indicates a 4.4% increase from the year-ago EPS of $3.22. The consensus mark for revenues is pegged at $7.28 billion, indicating 2.9% year-over-year growth.
What the Zacks Model Unveils
Our proven model doesn't predict an earnings beat for McDonald's this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here.
Earnings ESP: McDonald's has an Earnings ESP of -0.10%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Zacks Rank: The company carries a Zacks Rank #4 (Sell) at present.
You can see the complete list of today's Zacks #1 Rank stocks here.
Factors Influencing Q3 Performance
McDonald's beverage platform expansion, featuring crafted sodas, refreshers, cold coffee and energy drinks, might have supported sales growth in third-quarter 2026. Strong initial performance in the United States, Canada and Germany, along with higher food attachment and increased afternoon traffic, may have boosted revenue. The continued popularity of $5 Meal Deals and Extra Value Meals, supported by renewed digital promotions, might also have encouraged customer visits.
International markets are likely to have provided additional sales support. Management expected comparable sales growth in International Operated Markets and International Developmental Licensed Markets to have accelerated sequentially in the third quarter. Menu innovation, value offerings and loyalty programs in markets such as Germany, Australia, the United Kingdom and Japan might have aided performance. Restaurant expansion might have also contributed incremental sales.
McDonald's U.S. business continued to face pressure from subdued consumer spending and weak restaurant traffic. Management said U.S. comparable sales were slightly negative in July. Inconsistent execution of the EDAP menu, lower-than-expected customer awareness and the withdrawal of certain digital promotions might have continued to weigh on customer visits.
Operational challenges and marketing inefficiencies might have further constrained sales. Multiple product launches and promotional campaigns overwhelmed restaurant teams, leading to longer service times and lower customer satisfaction. The FIFA campaign also generated a lower-than-expected sales uplift, potentially limiting top-line growth.
McDonald's franchise-based business model and continued contributions from international markets might have supported profitability. The beverage platform's incremental sales and improved food attachment are expected to have boosted restaurant-level performance. Efforts to simplify restaurant operations, reduce non-customer-facing activities and streamline global systems might have improved efficiency and helped control costs. Foreign currency translation is expected to have provided some earnings support.
Persistent inflationary pressures on food, paper and labor costs might have weighed on McDonald's operating margins. Increased spending on value offerings, digital promotions and marketing initiatives aimed at reviving customer traffic might have further pressured profitability.
Additionally, operational inefficiencies, longer service times and weaker customer traffic are likely to have reduced restaurant productivity and operating leverage. The need to maintain competitive pricing amid elevated input costs might have further constrained margin growth.
Price Performance & Valuation
In the past year, the company has declined 12.9% compared with the Restaurant industry's decrease of 0.5%. The stock has also underperformed the S&P 500's rally of 10%. Other industry players like Darden Restaurants, Inc. and Starbucks Corp. have gained 24%, 28% and 4.1%, respectively.
Let us assess the value MCD offers to investors at its current levels.
From a valuation point of view, the stock is trading at a discount. MCD's forward 12-month price-to-earnings ratio stands at 19.07, lower than the industry's ratio of 21.56.
Investment Thoughts
McDonald's continues to face challenges from sluggish U.S. customer traffic, inconsistent execution of value offerings and operational inefficiencies, which could limit its sales recovery and weigh on profitability. Elevated food, paper and labor costs, coupled with increased promotional spending, might further pressure margins.
The negative Earnings ESP and Zacks Rank #4 also fail to provide confidence in an earnings beat ahead of the third-quarter results. Although MCD's valuation appears attractive relative to the industry, its ongoing operational and fundamental challenges, along with subdued earnings expectations, suggest limited near-term upside potential. Therefore, investors may be better off avoiding fresh positions in the stock ahead of the earnings announcement and waiting for clearer signs of improving traffic, execution and profitability.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can access their live picks without cost or obligation.
See Stocks Free >>
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
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/performancefor information about the performance numbers displayed in this press release.