Category: Investment News

The final estimate for second-quarter GDP has slowed down to 2%. The economy is being restricted from expanding by the prevailing trade war between the United States and China. Given this economic slowdown, investors should look for safer investments like defensive stocks. Behind the Downward Revision in U.S. GDP As per the Bureau of Economic Analysis, U.S. GDP growth estimate for the second quarter is finally 2%. The report highlights downward revision of personal consumption expenditures and non-residential fixed investments. On the other hand, the report stated that there has been a rise in government spending and exports. Consumer outlays[…]

If you have a goal in life, it’s never a bad idea to find a model of success to emulate. Someone who already achieved the results you want. But what if your goal is a more profitable portfolio? We’ve got an idea for you. Check out the Model Zacks Strong Buys & Buy screen. You’ll find Zacks Rank #1s (Strong Buys) and Zacks Rank #2s (Buys) that are in the Top 50% of the Zacks Industry Rank and have strong Zacks Style Scores. That would be a great place to start on your path toward greater profitability. Target (TGT) Who[…]

The We Company, parent company of WeWork, is reportedly considering lowering its total valuation significantly in a planned initial public offering that could come as early as later in September. The move would be a strong indication that investors are raising the level of scrutiny they are applying to shares of high-flying tech companies as they make the transition to being traded in public equity markets. In the latest round of private equity financing, WeWork was valued at $47 billion, but speaking on the condition of confidentiality, bankers with knowledge of the proposed deal now say that a public valuation[…]

In response to several mass shooting incidents in the US – including two inside its own stores that claimed the lives of 24 people – Walmart Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Walmart Inc. (WMT): Free Stock Analysis Report DICK’S Sporting Goods, Inc. (DKS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

You probably already know about the Zacks Rank. And if not, then we’ll be glad to tell you all about it because we’re very proud of this tool that harnesses the power of earnings estimates. In fact, the average yearly gain for Zacks Rank #1s (Strong Buys) is more than 24% per year since 1988. It’s a great first step in improving your odds of success.   As with most things in the market, the early investor gets the return. So if you can get into a Zacks Rank #1 or Zacks Rank #2 (Buy) relatively soon after the stock[…]

All of this recession fear has really upped the volatility in this market. With no one knowing which way stocks will turn from day to day, many great companies got caught in the undertow and are now undervalued compared to their growth potential. If you think the market is just biding its time before the next move higher, then there are plenty of stocks out there with tons of potential at bargain prices. The Zacks Rank and Zacks Style Scores can help you find those undervalued names that are set to move higher. The following three names were found using[…]

Shares of Overstock Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Overstock.com, Inc. (OSTK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research