For Immediate Release
Chicago, IL – November 16, 2016 – 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 Seagate Technology (NASDAQ:STX) plc (NASDAQ:STX –Free Report),Intel Corporation (NASDAQ:INTC) (NASDAQ:INTC –Free Report),Garmin Ltd (NASDAQ:GRMN). (NASDAQ:GRMN –Free Report),Preferred Apartment Communities, Inc. (NYSE:APTS –Free Report) and CenterPoint Energy (NYSE:CNP), Inc. (NYSE:CNP – Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Tuesday’s Analyst Blog:
5 Growth Stocks to Buy Right Now for Significant Gains
“Patience is not an absence of action; rather it is timing. It waits on the right time to act."
Donald Trump’s win in the US presidential election not only took everyone by surprise but also sent markets into a tizzy. However, the markets soon recovered from the initial shock as investors came to terms with the mandate. We believe there could be significant market volatility over the next few months until Trump takes office in January.
In a highly volatile market scenario it is wiser to play safe and invest in growth stocks rather than in momentum or value ones. The increasing market volatility makes the momentum strategy highly risky, while value investing does not find many takers in the current market scenario.
Hence, investors are always looking to identify the best and brightest growth stocks to add to their portfolio and seek specific fundamental characteristics to discover these companies.
Finding the best performing stocks is not an easy task. Just because a sector is moving higher does not mean that all stocks in that sector will be great performers. Only a few will outperform and those are the ones we want in our portfolio.
In an environment marked by volatility, a stress free way to identify the well performing stocks is by using our new style score system. We have been able to identify a few growth stocks, which have incredible potential in the near term.
How to Discover the Right Stocks?
With the help of our new style score system and the Zacks Stock Screener, we have zeroed in on five stocks that flaunt a solid Zacks Rank #1 (Strong Buy) or #2 (Buy), have a Growth Style Score of ‘A’ or ‘B,’ have dividend yield of 3% or more, rising earnings estimates, and other valuation criteria.
Our Growth Style Score condenses all the essential metrics from a company’s financial statements to get a true sense of the quality and sustainability of its growth. Our research shows that stocks with Growth Style Scores of ‘A’ or ‘B’ when combined with a Zacks Rank #1 or #2 offer the best investment opportunities in the growth investing space.
The 5 Picks
Seagate Technology plc (NASDAQ:STX – Free Report)
Seagate is headquartered in Dublin, Ireland. The company offers a portfolio of hard disc drives, solid state drives and solid state hybrid drives. It offers a range of disk drive products for the enterprise, client compute and client non-compute market applications.
The company has a Growth Style Score of ‘A’ and currently offers a dividend yield of 6.77%. It has a long-term expected earnings growth rate of 4.05%. Moreover, over the last 60 days, most of the estimates moved upward leading the Zacks Consensus Estimate higher by 23.3% to $3.71 per share for fiscal 2017.
The company has also generated a return of 10.8% over the last one year. It delivered a positive earnings surprise of 11.2% in the last reported quarter. The company sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here .
SEAGATE TECH Price and Consensus | SEAGATE TECH Quote
Intel Corporation (NASDAQ:INTC – Free Report)
Based in Santa Clara, CA, Intel is one of the world's largest semiconductor chipmakers. The company develops advanced integrated digital technology products, primarily integrated circuits for industries such as computing and communications.
Intel has a Zacks Rank #2 and a long-term expected earnings growth rate of 8.42%. The company has a Growth Style Score of ‘B’ and currently offers a dividend yield of 3%. Moreover, over the last 60 days, most of the estimates moved upward to raise the Zacks Consensus Estimate by 5.9% to $2.67 per share for fiscal 2016.
The company has also generated a return of 7.4% over the last one year. It has delivered positive earnings surprises in the last four quarters with an average surprise of 12.1%.
INTEL CORP Price and Consensus | INTEL CORP Quote
Garmin Ltd. (NASDAQ:GRMN – Free Report)
Garmin International is a subsidiary of Garmin Ltd. Olathe, KS-based, Garmin is an original equipment manufacturer (OEM) of navigation and communication equipment that incorporates the global positioning system (GPS) technology.
The company has a Zacks Rank #2 and a long-term expected earnings growth rate of 8.35%. The company has a Growth Style Score of ‘B’ and currently offers a dividend yield of 4.08%. Moreover, over the last 60 days, most of the estimates moved upward. The Zacks Consensus Estimate increased 6.7% to $2.69 per share for fiscal 2016.
The company has also generated a return of 45.4% over the last one year. It has delivered positive earnings surprises in the last four quarters with an average surprise of 35.7%.
GARMIN LTD Price and Consensus | GARMIN LTD Quote
Preferred Apartment Communities, Inc. (NYSE:APTS – Free Report)
Preferred Apartment Communities is based in Atlanta. The company is a real estate investment trust. The company acquires and operates multifamily properties primarily in the U.S. It also acquires senior mortgage loans, subordinate loans or mezzanine debt secured by interests in multifamily properties, membership or partnership interests in multifamily properties and other multifamily assets.
Preferred Apartment Communities has a Zacks Rank #2 and a long-term expected earnings growth rate of 7%. The company has a Growth Style Score of ‘B’ and currently offers a dividend yield of 6.21%. Moreover, over the last 60 days, all the estimates moved upward to raise the Zacks Consensus Estimate by 2.4% to $1.30 per share for fiscal 2016.
The company has also generated a return of 26.6% over the last one year. It has delivered positive earnings surprises in two out of the last four quarters with an average surprise of 4.6%.
PREFERRED APTMT Price and Consensus | PREFERRED APTMT Quote
CenterPoint Energy, Inc. (NYSE:CNP – Free Report)
CenterPoint Energy is a domestic energy delivery company that includes electricity transmission and distribution, natural gas distribution and sales, interstate pipeline and gathering operations. It serves customers in Arkansas, Illinois, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Oklahoma, Texas, and Wisconsin.
CenterPoint has a Zacks Rank #2 and a long-term expected earnings growth rate of 5.5%. The company has a Growth Style Score of ‘B’ and currently offers a dividend yield of 4.49%. Moreover, over the last 60 days, most of the estimates moved upward to raise the Zacks Consensus Estimate by 2.6% to $1.18 per share for fiscal 2016.
The company has also generated a return of 33.3% over the last one year. It has delivered positive earnings surprises in three out of the last four quarters with an average surprise of 5.1%.
CENTERPOINT EGY Price and Consensus | CENTERPOINT EGY Quote
Bottom Line
We are optimistic about these stocks given their expected forward growth rates and estimate revision trends. We thus advise investors to consider these banking on the Zacks Rank and style score system as these could yield impressive returns going forward.
So what you are waiting for? If you are looking for stocks that are well-equipped to overcome the bumps down the road, take a look at these five stocks.
Now See Our Private Investment Ideas
While the above ideas are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Get the full Report on STX - FREE
Get the full Report on INTC - FREE
Get the full Report on GRMN - FREE
Get the full Report on APTS - FREE
Get the full Report on CNP - FREE
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
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/performance for information about the performance numbers displayed in this press release.
SEAGATE TECH (STX): Free Stock Analysis Report
INTEL CORP (INTC): Free Stock Analysis Report
GARMIN LTD (GRMN): Free Stock Analysis Report
PREFERRED APTMT (APTS): Free Stock Analysis Report
CENTERPOINT EGY (CNP): Free Stock Analysis Report
Original post