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.
Brexit, Mixed Retail Earnings & Nvidia's Weak Outlook Weigh on Stocks
Read MoreHide Full Article
On today’s episode of the Zacks Friday Finish Line, Associate Stock Strategist Ryan McQueeney and Editor Maddy Johnson recap the week’s Brexit drama and major earnings results from the retail sector. The hosts also chat about Nvidia’s sluggish guidance and what it could mean for tech stocks.
Make sure to subscribe and leave the show a rating on Apple Podcasts!
It was another uncertain week for global investors—thanks in large part to renewed Brexit drama and mixed earnings reports.
British Prime Minister Theresa May's government was thrust into turmoil this week after May announced a tentative “withdrawal agreement” with the European Union. That deal was apparently unpopular with several top Brexit officials, and May saw a number of her fellow government leaders resign in protest. If the deal is ultimately rejected, May will be forced back to the drawing board ahead of the March 29 deadline.
For more on Brexit, watch our handy guide:
Here in the States, investors were struggling to find direction from retail stocks. Walmart (WMT - Free Report) largely impressed, beating earnings estimates and raising guidance on the back of remarkable e-commerce growth.
However, department store retailers saw mixed reactions to their reports. Macy’s (M - Free Report) and Nordstrom (JWN - Free Report) posted beat-and-raise quarters, but high expectations caused investors to ditch the stocks after the fact. J. C. Penney , on the other hand, reported another sluggish quarter yet inspired investors on the conference call.
This all led up to one of the last major tech companies to report, Nvidia (NVDA - Free Report) . The GPU pioneer disappointed tech investors, issuing a rare earnings miss and guidance that was well below expectations. Nvidia struggled in its Gaming segment and missed estimates in the Datacenter division, which has been a key growth driver recently.
For more on all of these stories, make sure to check out this week’s Friday Finish Line!
If you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcasts, and remember to subscribe and leave us a rating on Apple Podcasts.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
Image: Bigstock
Brexit, Mixed Retail Earnings & Nvidia's Weak Outlook Weigh on Stocks
On today’s episode of the Zacks Friday Finish Line, Associate Stock Strategist Ryan McQueeney and Editor Maddy Johnson recap the week’s Brexit drama and major earnings results from the retail sector. The hosts also chat about Nvidia’s sluggish guidance and what it could mean for tech stocks.
Make sure to subscribe and leave the show a rating on Apple Podcasts!
It was another uncertain week for global investors—thanks in large part to renewed Brexit drama and mixed earnings reports.
British Prime Minister Theresa May's government was thrust into turmoil this week after May announced a tentative “withdrawal agreement” with the European Union. That deal was apparently unpopular with several top Brexit officials, and May saw a number of her fellow government leaders resign in protest. If the deal is ultimately rejected, May will be forced back to the drawing board ahead of the March 29 deadline.
For more on Brexit, watch our handy guide:
Here in the States, investors were struggling to find direction from retail stocks. Walmart (WMT - Free Report) largely impressed, beating earnings estimates and raising guidance on the back of remarkable e-commerce growth.
However, department store retailers saw mixed reactions to their reports. Macy’s (M - Free Report) and Nordstrom (JWN - Free Report) posted beat-and-raise quarters, but high expectations caused investors to ditch the stocks after the fact. J. C. Penney , on the other hand, reported another sluggish quarter yet inspired investors on the conference call.
This all led up to one of the last major tech companies to report, Nvidia (NVDA - Free Report) . The GPU pioneer disappointed tech investors, issuing a rare earnings miss and guidance that was well below expectations. Nvidia struggled in its Gaming segment and missed estimates in the Datacenter division, which has been a key growth driver recently.
For more on all of these stories, make sure to check out this week’s Friday Finish Line!
If you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcasts, and remember to subscribe and leave us a rating on Apple Podcasts.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>