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.
The Zacks Analyst Blog Highlights: Navient, BeiGene, SPS Commerce and Chipotle Mexican Grill
Read MoreHide Full Article
For Immediate Release
Chicago, IL – November 5, 2019 – 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: Navient Corporation (NAVI - Free Report) , BeiGene, Ltd. (BGNE - Free Report) , SPS Commerce, Inc. (SPSC - Free Report) and Chipotle Mexican Grill, Inc. (CMG - Free Report) .
Here are highlights from Monday’s Analyst Blog:
4 Stocks to Buy from Sectors with Maximum Job Gains
Job growth across the United States was rather impressive in October, as both analysts and investors least expected a robust addition of new positions. After all, the world’s largest economy expanded in the third quarter at the slowest pace in 2019. Also, a near six-week-long strike at General Motors Company knocked out a considerable number of striking employees from being counted as employed.
But new job additions last month surprised Wall Street anyway, reflecting a strong domestic economy. Given the strength in the U.S. job market, one should consider investing in sectors that added a significant number of new jobs. After all, job additions in these sectors are indicative of growth.
Private-Sector Job Additions Topped Expectations
According to the Labor department, total nonfarm payroll employment in October increased by 128,000. Job additions took place broadly across sectors, with food services and drinking places creating maximum new jobs.
The new job additions of 128,000 were astounding, given the General Motors strike that took a toll on the motor vehicles and parts segment of the U.S. manufacturing sector. This is because employees on strike are treated as unemployed in the U.S. statistics.
In fact, the unemployment rate edged up to 3.6% last month, but still remained the lowest since 1969.
These Sectors Added Most New Roles
Diving deeper into sectoral job additions, food services and drinking places created 48,000 positions, driving maximum employment. Professional and business services was the second-leading sector, having added 22,000 new roles.
Employment in social assistance rose by 20,000 while new job additions in financial activities increased by 16,000. The healthcare sector also added 15,000 new jobs in October.
The General Motor strike was reflected in manufacturing employment, which lost 36,000 roles last month. In fact, employment in motor vehicles and parts declined by 42,000. New job additions across sectors such as construction, mining, wholesale trade, retail trade, transportation and warehousing and information changed little in October.
4 Picks From Winning Sectors
We have, therefore, selected four stocks from sectors with the most job gains. Each of these stocks carries a Zacks Rank #1 (Strong Buy) or 2 (Buy).
Financial Services
Navient Corporation is a provider of education loan management and business processing solutions. The company carries a Zacks Rank #1.
BeiGene, Ltd. is a developer and marketer of molecularly-targeted and immuno-oncology drugs, which are used for treating cancer. The company sports a Zacks Rank #1.
The Zacks Consensus Estimate for BeiGene’s current-year earnings has risen 2.2% over the past 60 days. The company’s stock has outperformed the Zacks Medical – Biomedical and Genetics industry on a year-to-date basis (+35.2% vs +1.3%).
SPS Commerce, Inc.is a provider of cloud-based supply chain management solutions. The company carries a Zacks Rank #1.
The Zacks Consensus Estimate for SPS Commerce’s current-year earnings has risen 5.2% over the past 60 days. The company’s stock has outperformed the Zacks Business – Services industry on a year-to-date basis (+29.6% vs +7.7%).
Chipotle Mexican Grill, Inc.is the owner and operator of Chipotle Mexican Grill restaurants. The company carries a Zacks Rank #2.
The Zacks Consensus Estimate for Chipotle Mexican Grill’s current-year earnings has risen 2.8% over the past 60 days. The company’s stock has outperformed the Zacks Retail – Restaurants industry on a year-to-date basis (+78.0% vs +16.9%).
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Navient, BeiGene, SPS Commerce and Chipotle Mexican Grill
For Immediate Release
Chicago, IL – November 5, 2019 – 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: Navient Corporation (NAVI - Free Report) , BeiGene, Ltd. (BGNE - Free Report) , SPS Commerce, Inc. (SPSC - Free Report) and Chipotle Mexican Grill, Inc. (CMG - Free Report) .
Here are highlights from Monday’s Analyst Blog:
4 Stocks to Buy from Sectors with Maximum Job Gains
Job growth across the United States was rather impressive in October, as both analysts and investors least expected a robust addition of new positions. After all, the world’s largest economy expanded in the third quarter at the slowest pace in 2019. Also, a near six-week-long strike at General Motors Company knocked out a considerable number of striking employees from being counted as employed.
But new job additions last month surprised Wall Street anyway, reflecting a strong domestic economy. Given the strength in the U.S. job market, one should consider investing in sectors that added a significant number of new jobs. After all, job additions in these sectors are indicative of growth.
Private-Sector Job Additions Topped Expectations
According to the Labor department, total nonfarm payroll employment in October increased by 128,000. Job additions took place broadly across sectors, with food services and drinking places creating maximum new jobs.
The new job additions of 128,000 were astounding, given the General Motors strike that took a toll on the motor vehicles and parts segment of the U.S. manufacturing sector. This is because employees on strike are treated as unemployed in the U.S. statistics.
In fact, the unemployment rate edged up to 3.6% last month, but still remained the lowest since 1969.
These Sectors Added Most New Roles
Diving deeper into sectoral job additions, food services and drinking places created 48,000 positions, driving maximum employment. Professional and business services was the second-leading sector, having added 22,000 new roles.
Employment in social assistance rose by 20,000 while new job additions in financial activities increased by 16,000. The healthcare sector also added 15,000 new jobs in October.
The General Motor strike was reflected in manufacturing employment, which lost 36,000 roles last month. In fact, employment in motor vehicles and parts declined by 42,000. New job additions across sectors such as construction, mining, wholesale trade, retail trade, transportation and warehousing and information changed little in October.
4 Picks From Winning Sectors
We have, therefore, selected four stocks from sectors with the most job gains. Each of these stocks carries a Zacks Rank #1 (Strong Buy) or 2 (Buy).
Financial Services
Navient Corporation is a provider of education loan management and business processing solutions. The company carries a Zacks Rank #1.
The Zacks Consensus Estimate for Navient’s current-year earnings has risen 2.9% over the past 60 days. The company’s stock has outperformed the Zacks Financial-Consumer Loans industry on a year-to-date basis (+57.5% vs +31.5%). You can see the complete list of today’s Zacks #1 Rank stocks here.
BeiGene, Ltd. is a developer and marketer of molecularly-targeted and immuno-oncology drugs, which are used for treating cancer. The company sports a Zacks Rank #1.
The Zacks Consensus Estimate for BeiGene’s current-year earnings has risen 2.2% over the past 60 days. The company’s stock has outperformed the Zacks Medical – Biomedical and Genetics industry on a year-to-date basis (+35.2% vs +1.3%).
SPS Commerce, Inc.is a provider of cloud-based supply chain management solutions. The company carries a Zacks Rank #1.
The Zacks Consensus Estimate for SPS Commerce’s current-year earnings has risen 5.2% over the past 60 days. The company’s stock has outperformed the Zacks Business – Services industry on a year-to-date basis (+29.6% vs +7.7%).
Chipotle Mexican Grill, Inc.is the owner and operator of Chipotle Mexican Grill restaurants. The company carries a Zacks Rank #2.
The Zacks Consensus Estimate for Chipotle Mexican Grill’s current-year earnings has risen 2.8% over the past 60 days. The company’s stock has outperformed the Zacks Retail – Restaurants industry on a year-to-date basis (+78.0% vs +16.9%).
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.