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: Netflix, Twitter, Facebook and DocuSign
Read MoreHide Full Article
For Immediate Release
Chicago, IL – March 16, 2020 – 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: Netflix Inc. (NFLX - Free Report) , Twitter Inc. , Facebook Inc and DocuSign Inc. (DOCU - Free Report) .
Here are highlights from Friday’s Analyst Blog:
4 Stay-at-Home Stocks to Gain on Coronavirus Pandemic
Coronavirus has weighed on corporate earnings and disrupted supply chains, with no immediate respite in sight. Thus, investors expect global businesses to witness longer and steeper downturn.
Meanwhile, companies across the globe are asking employees to work from home amid concerns of spreading the virus. In wake of the present scenario, it’s advisable to keep an eye on "stay-at-home" stocks that are well poised to gain and are immune to the virus’ impact.
Outbreak Takes the Shape of a Pandemic
Considering the rapid spread across the globe, the virus eruption has now been classified as a pandemic by the World Health Organization.
Per compiled data of Johns Hopkins University, since the virus was first detected in China late last year, the total number of infected people across the world has increased to 127,800, as of Mar 12. The virus has already spread across 116 countries, killing more than 4,700 people, the compiled data suggests. On the bright side, the data shows recovery of 68,000 infected people.
Stocks That Will Defy the Crisis
To combat the outbreak, governments are imposing travel bans on more countries. Moreover, people are being increasingly advised to avoid mass gathering. This has brightened up prospects of companies that are helping people to stay connected. In other words, the businesses of such companies prosper if people spend more time at home.
Headquartered in Los Gatos, CA, Netflix Inc. is a leading provider of streaming services. With more people staying at home and cancelling travel plans, streaming could be their in-house entertainment. Thus, the #2 Ranked stock is expected to witness an expansion in its subscriber base. We expect the company to see earnings growth of 48.4% in 2020.
Twitter Inc., headquartered in San Francisco, CA, is poised to do well as it helps people access news online at real time. This will help people to stay updated on the latest news on the virus as well. The stock, with Zacks Rank #3, has witnessed positive earnings estimate revisions for 2020 in the past 30 days.
Facebook Inc, headquartered in Menlo Park, CA, will help people stay connected virtually. It is to be noted that the #3 Ranked stock is likely to see earnings growth of almost 45% in 2020.
DocuSign Inc., headquartered in San Francisco, CA, is a popular name for authenticating documents over the Internet through electronic signature. The stock, with Zacks Rank of 3, is likely to see earnings growth of almost 70% in fiscal 2021.
Zacks Top 10 Stocks for 2020
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
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: Netflix, Twitter, Facebook and DocuSign
For Immediate Release
Chicago, IL – March 16, 2020 – 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: Netflix Inc. (NFLX - Free Report) , Twitter Inc. , Facebook Inc and DocuSign Inc. (DOCU - Free Report) .
Here are highlights from Friday’s Analyst Blog:
4 Stay-at-Home Stocks to Gain on Coronavirus Pandemic
Coronavirus has weighed on corporate earnings and disrupted supply chains, with no immediate respite in sight. Thus, investors expect global businesses to witness longer and steeper downturn.
Meanwhile, companies across the globe are asking employees to work from home amid concerns of spreading the virus. In wake of the present scenario, it’s advisable to keep an eye on "stay-at-home" stocks that are well poised to gain and are immune to the virus’ impact.
Outbreak Takes the Shape of a Pandemic
Considering the rapid spread across the globe, the virus eruption has now been classified as a pandemic by the World Health Organization.
Per compiled data of Johns Hopkins University, since the virus was first detected in China late last year, the total number of infected people across the world has increased to 127,800, as of Mar 12. The virus has already spread across 116 countries, killing more than 4,700 people, the compiled data suggests. On the bright side, the data shows recovery of 68,000 infected people.
Stocks That Will Defy the Crisis
To combat the outbreak, governments are imposing travel bans on more countries. Moreover, people are being increasingly advised to avoid mass gathering. This has brightened up prospects of companies that are helping people to stay connected. In other words, the businesses of such companies prosper if people spend more time at home.
We are presenting one stock with a Zacks Rank #2 (Buy) and three with a Zacks Rank 3 (Hold) that are well positioned to gain. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Headquartered in Los Gatos, CA, Netflix Inc. is a leading provider of streaming services. With more people staying at home and cancelling travel plans, streaming could be their in-house entertainment. Thus, the #2 Ranked stock is expected to witness an expansion in its subscriber base. We expect the company to see earnings growth of 48.4% in 2020.
Twitter Inc., headquartered in San Francisco, CA, is poised to do well as it helps people access news online at real time. This will help people to stay updated on the latest news on the virus as well. The stock, with Zacks Rank #3, has witnessed positive earnings estimate revisions for 2020 in the past 30 days.
Facebook Inc, headquartered in Menlo Park, CA, will help people stay connected virtually. It is to be noted that the #3 Ranked stock is likely to see earnings growth of almost 45% in 2020.
DocuSign Inc., headquartered in San Francisco, CA, is a popular name for authenticating documents over the Internet through electronic signature. The stock, with Zacks Rank of 3, is likely to see earnings growth of almost 70% in fiscal 2021.
Zacks Top 10 Stocks for 2020
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2020 today >>
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.