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10000.0
|
2017-06-01 00:00:00 UTC
|
Tech Data (TECD) Beats Q1 Earnings on Strong Sales Growth
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AAOI
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https://www.nasdaq.com/articles/tech-data-tecd-beats-q1-earnings-on-strong-sales-growth-2017-06-01
|
nan
|
nan
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Tech Data Corp.TECD reported first-quarter fiscal 2018 non-GAAP earnings of $1.87 per share, comfortably beating the Zacks Consensus Estimate by 48 cents and jumped 78.1% from the year-ago quarter.
The massive growth was driven by robust top-line performance, which surged 28.5% to $7.66 billion, well ahead of the Zacks Consensus Estimate of $7.32 billion.
The year-over-year sales growth was primarily attributed to strong contribution ($1.6 billion for two months) from the recently acquired Avnet's AVT Technology Solutions business.
Excluding contribution from Technology Solutions, Tech Data's organic net sales increased almost 5% on a constant currency (CC) basis.
Tech Data Corporation Price, Consensus and EPS Surprise
Tech Data Corporation Price, Consensus and EPS Surprise | Tech Data Corporation Quote
Shares were up 3.2% in pre-market trading . We note that the stock has outperformed the Zacks Retail Computer Hardware industry on a year-to-date basis. While the stock has returned 14.5%, the industry gained 12.3%.
Quarter Details
Net sales from the Americas (45.3% of revenues) surged 45.3% to $3.47 billion. Technology Solutions contributed $1.0 billion to net sales. Organically net sales increased approximately 5% at CC.
Net sales from the Europe (52.3%) increased 12.1% to more than $4.00 billion on a year-over-year basis. Technology Solutions contributed $500 million to net sales. Organically net sales increased approximately 5% at CC.
Net sales from the APAC were $188.3 million in the quarter.
Non-GAAP gross margin expanded 100 basis points (bps) from the year-ago quarter to 6%, primarily due to the addition of Technology Solutions.
Non-GAAP selling, general & administrative (SG&A) expense as a percentage of revenues increased 40 bps to 4.4% in the reported quarter.
Non-GAAP operating margin expanded 60 bps to 1.6%. Segment wise, Americas and Europe expanded 50 bps and 10 bps, respectively.
Balance Sheet and Cash Flow
As of Apr 30, 2017, Tech Data had approximately $861.5 million in cash and cash equivalents compared with $2.13 billion as of Jan 31, 2017. In the quarter, cash provided by operations was $224 million, significantly lower than $445 million generated in the previous quarter.
Outlook
For second-quarter fiscal 2017, Tech Data forecasts net sales in the range of $8.55-$8.80 billion. Non-GAAP earnings are anticipated to be in the range of $1.95-$2.08 per share.
The Zacks Consensus Estimate is currently pegged at $2.15 per share on revenues of $8.37 billion.
Zacks Rank & Key Picks
Currently, Tech Data carries a Zacks Rank #3 (Hold). Applied Optoelectronics AAOI and TiVo TIVO are two stocks worth watching in the broader sector. Both these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term earnings growth rate for Applied Optoelectronics and TiVo is currently pegged at 20% and 10%, respectively.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
TiVo Corporation (TIVO): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Avnet, Inc. (AVT): Free Stock Analysis Report
Tech Data Corporation (TECD): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Applied Optoelectronics AAOI and TiVo TIVO are two stocks worth watching in the broader sector. Click to get this free report TiVo Corporation (TIVO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Avnet, Inc. (AVT): Free Stock Analysis Report Tech Data Corporation (TECD): Free Stock Analysis Report To read this article on Zacks.com click here. Tech Data Corp.TECD reported first-quarter fiscal 2018 non-GAAP earnings of $1.87 per share, comfortably beating the Zacks Consensus Estimate by 48 cents and jumped 78.1% from the year-ago quarter.
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Click to get this free report TiVo Corporation (TIVO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Avnet, Inc. (AVT): Free Stock Analysis Report Tech Data Corporation (TECD): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics AAOI and TiVo TIVO are two stocks worth watching in the broader sector. Excluding contribution from Technology Solutions, Tech Data's organic net sales increased almost 5% on a constant currency (CC) basis.
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Click to get this free report TiVo Corporation (TIVO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Avnet, Inc. (AVT): Free Stock Analysis Report Tech Data Corporation (TECD): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics AAOI and TiVo TIVO are two stocks worth watching in the broader sector. Tech Data Corp.TECD reported first-quarter fiscal 2018 non-GAAP earnings of $1.87 per share, comfortably beating the Zacks Consensus Estimate by 48 cents and jumped 78.1% from the year-ago quarter.
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Applied Optoelectronics AAOI and TiVo TIVO are two stocks worth watching in the broader sector. Click to get this free report TiVo Corporation (TIVO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Avnet, Inc. (AVT): Free Stock Analysis Report Tech Data Corporation (TECD): Free Stock Analysis Report To read this article on Zacks.com click here. Tech Data Corp.TECD reported first-quarter fiscal 2018 non-GAAP earnings of $1.87 per share, comfortably beating the Zacks Consensus Estimate by 48 cents and jumped 78.1% from the year-ago quarter.
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c7f2ae75-69dc-42a3-bc89-2084968892a2
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10001.0
|
2017-06-01 00:00:00 UTC
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Acxiom to Provide Marketing Solutions to Michaels Stores
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AAOI
|
https://www.nasdaq.com/articles/acxiom-to-provide-marketing-solutions-to-michaels-stores-2017-06-01
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nan
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nan
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Acxiom Corp . ACXM recently announced that it has been selected by Michaels Stores Inc, a specialty retailer of arts and crafts in North America, to provide data driven marketing solutions for a personalized customer experience.
"Acxiom connects our marketing and advertising ecosystem at the data layer. This will help us improve our customer engagement, increase the relevance of our customer communication, and enable us to more fully measure the effectiveness of our marketing programs", stated, Steve Carlotti, EVP - Marketing, The Michaels Companies Inc.
Acxiom has a strong foothold in the database marketing industry. It offers tailored strategies to improve people-based marketing capabilities. With customers ranging from hand bag maker, Lulu Guinness to Hearst Magazines, a publisher of monthly magazines in the U.S, Acxiom's customer base is quite diverse.
We believe this has been a tailwind for the company as the stock outperformed the Zacks IT Services industry in the past one year. While the industry gained 14.7%, the stock returned 21.8% over the same time period.
Opportunities in the Industry
Marketing technologies based on data-mining and analytics of publicly available information are one of the major insightful ways of managing customer interactions in the present scenario. With more companies opting for digital marketing, its prospects appear pretty strong.
With the recent launch of IdentityLink by Acxiom's LiveRamp, the company has strengthened its place. The platform provides an omni-channel view of the consumer, thereby improving customer targeting and personalization process. It is believed to have provided Acxiom an edge over other players.
Acxiom's revenues increased 4% year over year to $880 million in fiscal 2017. This growth can be attributed to digital and database marketing technologies.
Acxiom Corporation Revenue (TTM)
Acxiom Corporation Revenue (TTM) | Acxiom Corporation Quote
Zacks Rank and Stocks to Consider
Acxiom currently has a Zacks Rank #4 (Sell)
Better-ranked stocks in the broader sector include Applied Optoelectronics, Inc. AAOI , Applied Materials, Inc. AMAT and Agilent Technologies, Inc. A . While Applied Optoelectronics and Applied Materials sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) . You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term earnings growth rates for for Applied Optoelectronics, Applied Materials and Agilent Technologies are currently projected to be 20%, 16.58%, and 9.65%, respectively.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
Acxiom Corporation (ACXM): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
Agilent Technologies, Inc. (A): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Acxiom Corporation Revenue (TTM) Acxiom Corporation Revenue (TTM) | Acxiom Corporation Quote Zacks Rank and Stocks to Consider Acxiom currently has a Zacks Rank #4 (Sell) Better-ranked stocks in the broader sector include Applied Optoelectronics, Inc. AAOI , Applied Materials, Inc. AMAT and Agilent Technologies, Inc. A . Click to get this free report Acxiom Corporation (ACXM): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. ACXM recently announced that it has been selected by Michaels Stores Inc, a specialty retailer of arts and crafts in North America, to provide data driven marketing solutions for a personalized customer experience.
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Acxiom Corporation Revenue (TTM) Acxiom Corporation Revenue (TTM) | Acxiom Corporation Quote Zacks Rank and Stocks to Consider Acxiom currently has a Zacks Rank #4 (Sell) Better-ranked stocks in the broader sector include Applied Optoelectronics, Inc. AAOI , Applied Materials, Inc. AMAT and Agilent Technologies, Inc. A . Click to get this free report Acxiom Corporation (ACXM): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. While Applied Optoelectronics and Applied Materials sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) .
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Acxiom Corporation Revenue (TTM) Acxiom Corporation Revenue (TTM) | Acxiom Corporation Quote Zacks Rank and Stocks to Consider Acxiom currently has a Zacks Rank #4 (Sell) Better-ranked stocks in the broader sector include Applied Optoelectronics, Inc. AAOI , Applied Materials, Inc. AMAT and Agilent Technologies, Inc. A . Click to get this free report Acxiom Corporation (ACXM): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. This will help us improve our customer engagement, increase the relevance of our customer communication, and enable us to more fully measure the effectiveness of our marketing programs", stated, Steve Carlotti, EVP - Marketing, The Michaels Companies Inc. Acxiom has a strong foothold in the database marketing industry.
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Acxiom Corporation Revenue (TTM) Acxiom Corporation Revenue (TTM) | Acxiom Corporation Quote Zacks Rank and Stocks to Consider Acxiom currently has a Zacks Rank #4 (Sell) Better-ranked stocks in the broader sector include Applied Optoelectronics, Inc. AAOI , Applied Materials, Inc. AMAT and Agilent Technologies, Inc. A . Click to get this free report Acxiom Corporation (ACXM): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. This will help us improve our customer engagement, increase the relevance of our customer communication, and enable us to more fully measure the effectiveness of our marketing programs", stated, Steve Carlotti, EVP - Marketing, The Michaels Companies Inc. Acxiom has a strong foothold in the database marketing industry.
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31ca071d-197c-4aff-8155-9ce893d2d56f
|
10002.0
|
2017-06-01 00:00:00 UTC
|
AAOI and ICHR are Aggressive Growth Zacks Rank Buys
|
AAOI
|
https://www.nasdaq.com/articles/aaoi-and-ichr-are-aggressive-growth-zacks-rank-buys-2017-06-01
|
nan
|
nan
|
Brian Bolan, the Aggressive Growth Stock Strategist for Zacks Investment Research found two more chip related names to talk about. The first is more about the data center backbone and getting information to those servers as fast as possible. Applied Optoelectronics (AAOI) is a Zacks Rank #1 (Strong Buy) and carries a growth style score of "A" while the value style score is a "D." Brian tells Terry Ruffolo for what has to be the 100 th time that he likes to see the divergence between growth and value in the style scores, but notes that at 16x forward earnings the low value style score may not be warranted. Next is Ichor Holdings (ICHR) which is also a Zacks Rank #1 (Strong Buy) which also carries a growth style score of "A" and with a forward earnings multiple of 11x the value style score is understandably a "B." Brian points out that the recent beat of a penny and strong earnings results drove earnings estimates much higher for this stock and that despite a strong move already in this young stock, the aggressive growth strategists expects more gains to come.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Applied Optoelectronics (AAOI) is a Zacks Rank #1 (Strong Buy) and carries a growth style score of "A" while the value style score is a "D." Brian tells Terry Ruffolo for what has to be the 100 th time that he likes to see the divergence between growth and value in the style scores, but notes that at 16x forward earnings the low value style score may not be warranted. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report To read this article on Zacks.com click here. Brian Bolan, the Aggressive Growth Stock Strategist for Zacks Investment Research found two more chip related names to talk about.
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Applied Optoelectronics (AAOI) is a Zacks Rank #1 (Strong Buy) and carries a growth style score of "A" while the value style score is a "D." Brian tells Terry Ruffolo for what has to be the 100 th time that he likes to see the divergence between growth and value in the style scores, but notes that at 16x forward earnings the low value style score may not be warranted. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report To read this article on Zacks.com click here. Brian Bolan, the Aggressive Growth Stock Strategist for Zacks Investment Research found two more chip related names to talk about.
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Applied Optoelectronics (AAOI) is a Zacks Rank #1 (Strong Buy) and carries a growth style score of "A" while the value style score is a "D." Brian tells Terry Ruffolo for what has to be the 100 th time that he likes to see the divergence between growth and value in the style scores, but notes that at 16x forward earnings the low value style score may not be warranted. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report To read this article on Zacks.com click here. Brian points out that the recent beat of a penny and strong earnings results drove earnings estimates much higher for this stock and that despite a strong move already in this young stock, the aggressive growth strategists expects more gains to come.
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Applied Optoelectronics (AAOI) is a Zacks Rank #1 (Strong Buy) and carries a growth style score of "A" while the value style score is a "D." Brian tells Terry Ruffolo for what has to be the 100 th time that he likes to see the divergence between growth and value in the style scores, but notes that at 16x forward earnings the low value style score may not be warranted. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report To read this article on Zacks.com click here. Next is Ichor Holdings (ICHR) which is also a Zacks Rank #1 (Strong Buy) which also carries a growth style score of "A" and with a forward earnings multiple of 11x the value style score is understandably a "B."
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470b013f-45f1-41f0-95b2-b46d181d9df7
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10003.0
|
2017-06-01 00:00:00 UTC
|
Every Which Way in May
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AAOI
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https://www.nasdaq.com/articles/every-which-way-may-2017-06-01
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nan
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nan
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The latter half of May was just crazy with stocks moving all over the place. It was two weeks ago today when the major indices plunged by approximately 2% on allegations that President Trump interfered with an FBI investigation. The financial media, along with many politicians, was even wondering aloud what the market would look like if POTUS had to step down.
But once everybody cooled off, stocks recovered nicely and embarked on a seven-session winning streak that completely reversed the pullback and ended only yesterday. In the end, the indices each finished the month in the green with the NASDAQ's 2.5% advance leading the way. The S&P was up about 1.2% and the Dow inched forward around 0.3%.
But these last two sessions of May have lost the momentum. The S&P was down by 0.05% on Wednesday to 2411.8, though that still marks the fifth straight day ahead of 2400. The Dow was off by only 0.10% to 21008.7 and the NASDAQ slipped 0.08% to 6198.5. There is one adjective for this market that is making the rounds in the portfolios…and the word is "BORING".
As Jeremy said in Zacks Counterstrike yesterday: "The last thing you want to do is overtrade in this (boring) environment and my personal trading lately is proof of that." That goes for most of the portfolios so far this week, as the only moves we saw today were sells from TAZR Trader and Surprise Trader (though it should be noted that TAZR saw a double digit winner). The rest of the week may see activity pick up as we get several economic reports, including the big jobs number on Friday. For now, let today's highlights tide you over:
Today's Portfolio Highlights:
TAZR Trader: Technology and Semis have led the market higher and they've led TAZR Trader to market-beating performance this year. But if the indexes roll over from here, Kevin does not believe these leaders will be spared. In fact, they might have the most excess to correct if a bigger wave of profit-taking takes hold. Today the editor sold Analog Devices (ADI) and Applied Optoelectronics (AAOI) to secure gains of 10% and 9%, respectively. This action follows a simple rule with short-term trading: "At least consider taking some profits, somewhere."
Reitmeister Trading Alert:"Once again, the fallacy of "Sell in May" is proven out as the S&P powered ahead by +1.2% while making new record highs.
"The obvious conclusion is to not gauge your investment decisions by the calendar. Or astronomy. Or reading tea leaves for that matter. Instead it is best to focus on the fundamental backdrop.
"In that light, it was obvious why stocks broke to new highs with GDP expected to be north of 3% in Q2. Plus, we are coming off the best earnings season in a long time. The cherry on top is ultra low bond rates which make stocks quite attractive value by comparison.
"The key is to realize it is no longer a rip-roaring bull market like after the election. That was a lot of pent of demand that finally took place once there was clarity on the election. Now we are back to what is typical for an aging bull market." -- Steve Reitmeister
Momentum Trader:"If the market continues on like this, it's going to be a painfully boring summer. Typically, you expect to see volume dry up just before the kids go back to school. It's not usually this boring this early on. Rather than harp on the boredom, let's look to what could spice things up in the near future.
"Coming up this Friday we've got the non-farm payrolls number. That's usually good for at least some short-term volatility for the day traders out there...Then there's that little meeting in two weeks we need to look out for. That's the Fed's June meeting where they will most likely hike rates again. According to the CME's FedWatch tool the market is pricing in a 91.2% chance of a rate hike in June.
"The game plan for equities moving forward should be to continue to load up on tech names with strong earnings. Chips have remained very strong during the last few months while the Trump trade has been stalled out since late December. Waiting for a small cap breakout will be painful but I think investors should be able to pick and choose new names to add as the Russell 2000 comes down to test the bottom end of the trading range." -- Dave Bartosiak
Options Trader:"The markets put in a blase' day with all of the major indexes finishing almost exactly where they did yesterday.
"Some may be scratching their heads as to why the market seems to be stuck here. But I don't see the market being stuck. I mean it's up 8% since the start of the year and we're trading within ticks of all-time highs. Stuck is not how I would characterize this market.
"The market is healthy. It's trading the way a bull market should. And at this pace, we're talking about a 15-20% return by year's end. Sounds A-OK to me." -- Kevin Matras
All the Best,
Jim Giaquinto
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Today the editor sold Analog Devices (ADI) and Applied Optoelectronics (AAOI) to secure gains of 10% and 9%, respectively. It was two weeks ago today when the major indices plunged by approximately 2% on allegations that President Trump interfered with an FBI investigation. But once everybody cooled off, stocks recovered nicely and embarked on a seven-session winning streak that completely reversed the pullback and ended only yesterday.
|
Today the editor sold Analog Devices (ADI) and Applied Optoelectronics (AAOI) to secure gains of 10% and 9%, respectively. For now, let today's highlights tide you over: Today's Portfolio Highlights: TAZR Trader: Technology and Semis have led the market higher and they've led TAZR Trader to market-beating performance this year. The commentary is a partial overview of the daily activity from Zacks' private recommendation services.
|
Today the editor sold Analog Devices (ADI) and Applied Optoelectronics (AAOI) to secure gains of 10% and 9%, respectively. That goes for most of the portfolios so far this week, as the only moves we saw today were sells from TAZR Trader and Surprise Trader (though it should be noted that TAZR saw a double digit winner). For now, let today's highlights tide you over: Today's Portfolio Highlights: TAZR Trader: Technology and Semis have led the market higher and they've led TAZR Trader to market-beating performance this year.
|
Today the editor sold Analog Devices (ADI) and Applied Optoelectronics (AAOI) to secure gains of 10% and 9%, respectively. -- Steve Reitmeister Momentum Trader:"If the market continues on like this, it's going to be a painfully boring summer. It's trading the way a bull market should.
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33145e1e-3b57-4b73-90d1-93c7c91a8cf5
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10004.0
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2017-05-31 00:00:00 UTC
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5 Stocks to Sizzle in Lazy June
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AAOI
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https://www.nasdaq.com/articles/5-stocks-sizzle-lazy-june-2017-05-31
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nan
|
nan
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June typically marks the beginning of weak summer trade. Be it Lehman Bros' collapse or the Fed's stimulus scale back or Greece's running out of money or the more recent "Brexit" -- investors have had to absorb all these shocks in the month of June. But, rather than markets dealing with such big setbacks, the most likely outcome this time around will be a gradual uptick since economic and earnings scenarios are reassuring.
Investors have also chosen to ignore stalled out congressional effort on tax reform and controversies swirling around President Donald Trump's campaign and Russia. Lest we forget, the S&P 500 is up more than 7.5% this year and one of the "FANG" stocks, Amazon.com, Inc. AMZN touched the psychological $1,000 mile mark. Banking on such positives, investing in some solid stocks that can make the most of a lazy June will be prudent.
June on an Average is Flattish
Will stocks take a pause and move sideways this summer? The equity market in June has mostly traded lower, while it is also the fourth worst month in terms of the S&P 500's performance. While September is historically the worst month, August has been the second followed by February. But, losses in June have been miniscule, averaging a meagre 0.005% decline in the S&P 500 all the way back to World War II, according to Sam Stovall, chief investment strategist at CFRA.
The broader market has had bad summers, such as the 7.8% drop in 2008 when investors sensed trouble at Lehman Bros before its bankruptcy. In fact, the markets witnessed a 10% decrease when the U.S. budget woes gripped investors' sentiments or the 12% drop in 2015 when Greece's debt crisis sent jitters across the global stock market. All these incidents posed significant threat to the U.S. economy and its financial stability.
This June, China's debt bubble could pose a legitimate threat, while the markets might be adversely affected if Congress looks unlikely to pass tax reforms this year. Political turmoil affecting President Trump and North Korea's nuclear missile threat could add to the woes. But, investors have chosen to look past these concerns as economic conditions are expected to improve, while corporate profits should continue to be strong. Earnings were not only very strong in the first quarter; companies also did a commendable job to improve the overall outlook for this year.
Catalysts Behind Stock Market's Move
Second-quarter U.S. growth is expected to bounce back after a weak start to the year. According to the Atlanta Federal Reserve's GDP Now forecast model, the U.S. economy is expected to grow at a 3.8% annualized pace in the second quarter. This is based on a report that showed consumer spending, which accounts for more than two-thirds of U.S. economic activity recorded its biggest increase in four months in April. Consumer outlays advanced 0.4% last month after an upwardly revised 0.3% gain in March as households spent more on both goods and services, as per the Commerce Department. This also clears the path for a Fed rate hike this June as the economy remains on track for stronger growth this quarter.
On the earnings front, growth scaled the highest level in over five years during the first quarter. It was also driven across various sectors and not concentrated in one area. We have Q1 results from 489 S&P 500 members that have reported an earnings rise of 13.5% from the same period last year on 7.2% higher revenues, with 72.4% beating EPS estimates and 65% surpassing the revenue mark. The proportion of companies beating both EPS and revenue estimates is 51.5%. This has followed a strong showing in the preceding reporting cycle. Not only did Q4 growth in 2016 reach the highest in two years, but total earnings for the quarter also reached a new quarterly record (read more: Why Are Large-Cap Stocks Beating Small Caps? ).
5 Best Stocks to Buy in June
While economic and earnings fundamentals will be the bigger catalysts behind the stock market's move in June, we shouldn't forget that the S&P 500 is already on pace for its sixth positive month out of seven in May and its best performing month since February. The S&P 500 is also near its all-time high in May, which has often ushered in weakness, and is known for the old adage "sell in May and go away".
Thanks to such positive developments, investors should focus on fundamentally sound companies that can make the most of the current scenario. We have, thus, selected five such stocks that not only possess a Zacks Rank #1 (Strong Buy) but also are poised to gain significantly in the near term. You can see the complete list of today's Zacks #1 Rank stocks here.
Such stocks also flaunt a VGM score of 'A' or 'B'. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners.
Applied Optoelectronics IncAAOI (AAOI) is a vertically integrated provider of fiber-optic networking products. The company has a VGM score of 'B'. The Zacks Consensus Estimate for its current year earnings soared 37.6% over the last 60 days.
The company is likely to yield a return of 269.4% this year, higher than the Electronics - Semiconductors industry's gain of 10.1%. The company outperformed the broader industry on a year-to-date basis (+200.6% vs +23.7%).
Applied Materials, Inc.AMAT (AMAT) provides manufacturing equipment, services and software to the global semiconductor, display and related industries. The company has a VGM score of 'B'. The Zacks Consensus Estimate for its current year earnings increased 13.2% over the last 60 days.
The company is likely to yield a return of 71.4% this year, higher than the Semiconductor Equipment - Wafer Fabrication industry's gain of 39.5%. The company has outshined the broader industry on a year-to-date basis (+41.2% vs +32.7%).
CAI International IncCAI (CAI) is a transportation finance and logistics company. The company has a VGM score of 'B'. The Zacks Consensus Estimate for its current year earnings surged 57.1% over the last 60 days.
The company is likely to yield a return of 306.5% this year, in contrast to the Semiconductor Equipment - Wafer Fabrication industry's projected negative return of 19.7%. The company has also outperformed the broader industry on a year-to-date basis (+122.5% vs +1.3%).
JD.Com IncJD (JD) is an online direct sales company. The company has a VGM score of 'B'. The Zacks Consensus Estimate for its current year earnings soared more than 100% over the last 60 days.
The company is likely to yield a return of 120% this year, higher than the Internet - Commerce industry's gain of 14.5%. The company outperformed the broader industry on a year-to-date basis (+60.3% vs +36%).
Sodastream International LtdSODA (SODA) is a sparkling water company. The company has a VGM score of 'A'. The Zacks Consensus Estimate for its current year earnings improved 3.7% over the last 60 days.
The company is likely to yield a return of 21% this year, higher than the Consumer Products - Discretionary industry's gain of 12.1%. The company outperformed the broader industry on a year-to-date basis (+34.3% vs -8.5%).
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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
CAI International, Inc. (CAI): Free Stock Analysis Report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
JD.com, Inc. (JD): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
SodaStream International Ltd. (SODA): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Applied Optoelectronics IncAAOI (AAOI) is a vertically integrated provider of fiber-optic networking products. Click to get this free report CAI International, Inc. (CAI): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report JD.com, Inc. (JD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report SodaStream International Ltd. (SODA): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Be it Lehman Bros' collapse or the Fed's stimulus scale back or Greece's running out of money or the more recent "Brexit" -- investors have had to absorb all these shocks in the month of June.
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Click to get this free report CAI International, Inc. (CAI): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report JD.com, Inc. (JD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report SodaStream International Ltd. (SODA): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics IncAAOI (AAOI) is a vertically integrated provider of fiber-optic networking products. The company is likely to yield a return of 71.4% this year, higher than the Semiconductor Equipment - Wafer Fabrication industry's gain of 39.5%.
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Click to get this free report CAI International, Inc. (CAI): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report JD.com, Inc. (JD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report SodaStream International Ltd. (SODA): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics IncAAOI (AAOI) is a vertically integrated provider of fiber-optic networking products. 5 Best Stocks to Buy in June While economic and earnings fundamentals will be the bigger catalysts behind the stock market's move in June, we shouldn't forget that the S&P 500 is already on pace for its sixth positive month out of seven in May and its best performing month since February.
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Applied Optoelectronics IncAAOI (AAOI) is a vertically integrated provider of fiber-optic networking products. Click to get this free report CAI International, Inc. (CAI): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report JD.com, Inc. (JD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report SodaStream International Ltd. (SODA): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. June typically marks the beginning of weak summer trade.
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10005.0
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2017-05-31 00:00:00 UTC
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Itron (ITRI) Hits 52-Week High on Solid Q1 & Strategic Plans
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AAOI
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https://www.nasdaq.com/articles/itron-itri-hits-52-week-high-on-solid-q1-strategic-plans-2017-05-31
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nan
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nan
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Shares of Itron, Inc.ITRI crafted a 52-week high of $68.40 on May 30, before closing lower at $67.45, backed by strong first-quarter earnings and consistent focus on strategic plans.
Itron has a market cap of roughly $2.6 billion. The average volume of shares traded in the last three months is around 228K. The stock delivered a solid one-year return of around 51.7%.
The company beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average positive surprise of 28.95%.
Itron, Inc. Price and Consensus
Itron, Inc. Price and Consensus | Itron, Inc. Quote
Price Movement
Itron has outperformed the Zacks classified Electronics Testing Equipment sub-industry over the past one year with respect to price performance. The stock rallied 51.8%, while the industry recorded growth of 48.9% over the same time frame.
Driving Factors
Itron's adjusted earnings improved 30% year over year in first-quarter 2017. Revenues, however, decreased around 4% year over year. Both the figures came ahead of the Zacks Consensus Estimate. Itron is likely to benefit from consistent focus on restructuring strategy, product development, and strong bookings and backlog position.
Itron's strategic plans include aggressively driving key operational and administrative efficiencies, implementing restructuring projects and realigning its supply chain. These actions will enable the company to increase earnings power in any revenue environment and build operating leverage for future revenue growth.
Recently, Itron signed a definitive agreement to acquire Comverge by purchasing its parent company - Peak Holding Corp. - in a cash transaction valued at approximately $100 million. The acquisition combines a world leader in gas, water, electricity and smart cities solutions, which expands the scope of smart grid offerings for the industry.
Further, Itron collaborated with Roanoke Gas Company, provider of natural gas and a subsidiary of parent company RGC Resources to modernize distribution system. In addition, Itron continues to focus on expanding its portfolio of outcome-based solutions aimed at higher growth opportunities utilizing the power of OpenWay Riva platform.
Itron currently carries a Zacks Rank #3 (Hold).
Key Picks
Better-ranked stocks in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Applied Materials, Inc. AMAT . All of these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
APPLIED OPTOELECTRONICS has a remarkable average positive earnings surprise of 118.33% for the last four quarters. Teradyne generated an average positive earnings surprise of 25.10% over the trailing four quarters. Applied Materials has delivered an average positive earnings surprise of 3.35% in the past four quarters.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
Itron, Inc. (ITRI): Free Stock Analysis Report
Teradyne, Inc. (TER): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Key Picks Better-ranked stocks in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Applied Materials, Inc. AMAT . Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Itron, Inc. (ITRI): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Itron's strategic plans include aggressively driving key operational and administrative efficiencies, implementing restructuring projects and realigning its supply chain.
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Key Picks Better-ranked stocks in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Applied Materials, Inc. AMAT . Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Itron, Inc. (ITRI): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Itron's strategic plans include aggressively driving key operational and administrative efficiencies, implementing restructuring projects and realigning its supply chain.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Itron, Inc. (ITRI): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Key Picks Better-ranked stocks in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Applied Materials, Inc. AMAT . The company beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average positive surprise of 28.95%.
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Key Picks Better-ranked stocks in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Applied Materials, Inc. AMAT . Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Itron, Inc. (ITRI): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Itron, Inc.ITRI crafted a 52-week high of $68.40 on May 30, before closing lower at $67.45, backed by strong first-quarter earnings and consistent focus on strategic plans.
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2017-05-31 00:00:00 UTC
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What Makes Intuit (INTU) Stock a Lucrative Pick Right Now?
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AAOI
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https://www.nasdaq.com/articles/what-makes-intuit-intu-stock-a-lucrative-pick-right-now-2017-05-31
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nan
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nan
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The technology space continues to be investors' favorite due to its dynamic nature. This field is anticipated to grow faster than before. If you invest right, you can reap the benefits over time. The indicators of a stock's bullish run include a rise in its share price, strong fundamentals and a continued uptrend in estimates.
We have evaluated one technology company that has demonstrated remarkable share price performance so far this year. Intuit Inc.INTU generated high returns for investors in the last one year and has the potential to exceed expectations in the days ahead.
Intuit's share price movement has been quite impressive of late. In the last one year, its shares have gained 30.6% compared with the Zacks categorized Computer-Software industry's gain of 27.8%.
Upward Estimate Revisions
In the last 60 days, the Zacks Consensus Estimate for Intuit's fiscal 2017 witnessed upward revisions. The Zacks Consensus Estimate for fiscal 2017 is now pegged at $3.54 per share compared with $3.45 projected over the same time frame.
Impressive Q3 Results
Intuit reported stellar third-quarter fiscal 2017 results. The company reported adjusted income (including stock-based compensation but excluding amortization and other one-time items) from continuing operations of $3.71 per share, surpassing the Zacks Consensus Estimate of $3.67.
This tax-preparation related software maker reported revenues of $2.541 billion, which came within management's guided range of $2.50 billion to $2.55 billion surpassing the Zacks Consensus Estimate of $2.486 billion. On a year-over-year basis, revenues were up 10.3% on the back of higher demand emanating from the U.S. tax season and better-than-expected growth in QuickBooks Online.
Intuit raised its fiscal 2017 guidance and issued encouraging projections for the fourth quarter.
The company now anticipates revenues of $5.13 billion to $5.15 billion in fiscal 2017, up 9% to 10% year over year (previously $5 billion to $5.1 billion). The Zacks Consensus Estimate is pegged at 5.13 billion.
Non-GAAP operating income is now expected in the range of $1.705 billion to $1.725 billion, representing growth of 10% to 11% (previously $1.675 billion to $1.725 billion). Non-GAAP earnings per share are projected between $4.38 and $4.40, up 16% (previously $4.30 and $4.40 per share). The Zacks Consensus Estimate currently stands at $3.54 per share.
For the fiscal fourth quarter, the company anticipates revenues in the range of $795 million to $815 million. The Zacks Consensus Estimate is pegged at $808.33 billion.
The company expects to report non-GAAP earnings in the band of 16 cents to 18 cents per share. The Zacks Consensus Estimate stands at a loss of 6 cents..
Other Factors Driving the Stock?
We are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive.
The company has restructured its business to focus on the QuickBooks services and expects to continue investing in this portfolio. These ventures might hurt the company's near-term profitability.
Intuit has also delivered positive earnings surprises in the last four quarters with an average beat of 24.27%.
Given the company's long-term earnings per share growth rate of 14.2%, a VGM Style Score of "A" and a Zacks Rank #2 (Buy), we believe that the stock still has much upside left. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here .
Keeping these positives in mind, we believe that Intuit is one such technology stock that deserves a place in investors' portfolio.
Other Key Picks
A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , DXC Technology Company. DXC and Applied Materials, Inc. AMAT , each sporting a Zacks Rank #1. Applied Optoelectronics, DXC Technology and Applied Materials have expected long-term EPS growth rate of 20%, 8% and 16.58%, respectively.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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
Intuit Inc. (INTU): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
DXC Technology Company. (DXC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , DXC Technology Company. Click to get this free report Intuit Inc. (INTU): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report DXC Technology Company. The indicators of a stock's bullish run include a rise in its share price, strong fundamentals and a continued uptrend in estimates.
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Click to get this free report Intuit Inc. (INTU): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report DXC Technology Company. Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , DXC Technology Company. Upward Estimate Revisions In the last 60 days, the Zacks Consensus Estimate for Intuit's fiscal 2017 witnessed upward revisions.
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Click to get this free report Intuit Inc. (INTU): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report DXC Technology Company. Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , DXC Technology Company. This tax-preparation related software maker reported revenues of $2.541 billion, which came within management's guided range of $2.50 billion to $2.55 billion surpassing the Zacks Consensus Estimate of $2.486 billion.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , DXC Technology Company. Click to get this free report Intuit Inc. (INTU): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report DXC Technology Company. The Zacks Consensus Estimate for fiscal 2017 is now pegged at $3.54 per share compared with $3.45 projected over the same time frame.
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06914ee6-3891-457a-a75d-9c202f9e1a9e
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10007.0
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2017-05-30 00:00:00 UTC
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What Makes DXC Technology (DXC) a Potential Pick Right Now?
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AAOI
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https://www.nasdaq.com/articles/what-makes-dxc-technology-dxc-a-potential-pick-right-now-2017-05-30
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nan
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nan
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The technology space continues to be investors' favorite due to its dynamic nature. This field is anticipated to grow faster than before. If you invest right, you can reap the benefits over time. The indicators of a stock's bullish run include a rise in its share price, strong fundamentals and a continued uptrend in estimates.
Below we have evaluated one technology company that has demonstrated remarkable share price performance so far this year. DXC Technology CompanyDXC generated high returns for investors in the last one year and has the potential to exceed expectations in the days ahead.
Over the past one year, shares of the company have risen 59.75%, outperforming the Zacks categorized Computers - IT Services industry's increase of just 14.50%.
Upward Estimate Revisions
In the last 60 days, the Zacks Consensus Estimate for DXC Technology's fiscal 2018 witnessed upward revisions. The Zacks Consensus Estimate for fiscal 2018 is now pegged at $6.70 per share compared with $3.18 projected 60 days ago.
What's Driving the Stock?
Computer Sciences Corporation, a fully-owned subsidiary (effective Apr 1) of DXC Technology, recently released fourth-quarter fiscal 2017. Notably, DXC Technology is a result of merger between Computer Sciences and Enterprise Services Division of Hewlett Packard Enterprise HPE , which was closed on Apr 1, 2017.
The company reported fourth-quarter fiscal 2017 non-GAAP earnings from continuing operations of $1.15 per share, which surpassed the Zacks Consensus Estimate of 85 cents. Earnings increased on a year-over-year basis.
Revenues were also up 4.5% from the year-ago quarter to $1.889 billion.
The merger with HPE's Enterprise Services business has opened up new avenues of growth and will help the combined entity to become a leading player in the IT services domain.
DXC Technology has been making strategic acquisitions, such as UXC and Xchanging, to strengthen its portfolio, which should drive growth over the long run.
DXC Technology has also delivered positive earnings surprises in the last four quarters with an average beat of 23.56%.
Given the company's long-term earnings per share growth rate of 8%, a VGM Style Score of 'A' and a Zacks Rank #1 (Strong Buy), we believe that the stock still has much upside left. You can see the complete list of today's Zacks #1 Rank stocks here .
Keeping these positives in mind, we conclude that DXC Technology is a stock that deserves a place in investors' portfolio.
Other Key Picks
A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Applied Materials, Inc. AMAT , both sporting a Zacks Rank #1. Applied Optoelectronics and Applied Materials have expected long-term EPS growth rate of 20% and 16.58%, respectively.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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
Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
DXC Technology Company. (DXC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Applied Materials, Inc. AMAT , both sporting a Zacks Rank #1. Click to get this free report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report DXC Technology Company. DXC Technology CompanyDXC generated high returns for investors in the last one year and has the potential to exceed expectations in the days ahead.
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Click to get this free report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report DXC Technology Company. Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Applied Materials, Inc. AMAT , both sporting a Zacks Rank #1. Upward Estimate Revisions In the last 60 days, the Zacks Consensus Estimate for DXC Technology's fiscal 2018 witnessed upward revisions.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Applied Materials, Inc. AMAT , both sporting a Zacks Rank #1. Click to get this free report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report DXC Technology Company. Given the company's long-term earnings per share growth rate of 8%, a VGM Style Score of 'A' and a Zacks Rank #1 (Strong Buy), we believe that the stock still has much upside left.
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Click to get this free report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report DXC Technology Company. Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Applied Materials, Inc. AMAT , both sporting a Zacks Rank #1. The company reported fourth-quarter fiscal 2017 non-GAAP earnings from continuing operations of $1.15 per share, which surpassed the Zacks Consensus Estimate of 85 cents.
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642a4e2d-0d65-4385-9ca7-2736ec719771
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10008.0
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2017-05-26 00:00:00 UTC
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Applied Optoelectronics Inc (AAOI) Leads 11 Notable Investor Filings
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AAOI
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https://www.nasdaq.com/articles/applied-optoelectronics-inc-aaoi-leads-11-notable-investor-filings-2017-05-26
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
There were eleven notable investor filings today. Applied Optoelectronics Inc (NASDAQ:AAOI ) is the largest company of interest.
When a person or group of persons acquires beneficial ownership of more than 5% of a company's equity securities, they are required to file a Schedule 13D or 13G with the SEC.
Investors that acquire 10% or more of a company's shares, or that gain a board seat, are considered insiders by the SEC and are subject to stricter insider trading filing requirements.
New Activist Investor 13D Filings
Investors that acquire more than 5% of the shares of a company and intend to influence management are considered activist investors and must file a 13D.
Mirna Therapeutics, Inc. (NASDAQ: MIRN ) - SYNLOGIC, INC. has filed a new SC 13D, reporting a 32.90% ownership stake in Mirna Therapeutics.
New Passive Investor 13G Filings
Investors that acquire more than 5% of the shares of a company but have no intention of influencing management are considered passive investors and must file a 13G.
NOVELION THERAPEUTICS INC. (NASDAQ: NVLN ) - ARMISTICE CAPITAL, LLC has filed a new SC 13G, reporting a 9.96% ownership stake in NOVELION THERAPEUTICS.
Female Health Co. (THE) (NASDAQ: FHCO ) - Opler Timothy has filed a new SC 13G, reporting a 5.30% ownership stake in Female Health Co. (THE).
Amended Activist Investor 13G Filings
Riverview Bancorp, Inc. (NASDAQ: RVSB ) - Ancora Advisors, LLC has filed an amended Schedule 13D/A, reporting a 4.10% ownership stake in Riverview Bancorp.
Catalyst Biosciences Inc. (NASDAQ: CBIO ) - NEW ENTERPRISE ASSOCIATES 10 L P has filed an amended Schedule 13D/A, reporting an updated ownership stake in Catalyst Biosciences.
TheStreet, Inc. (NASDAQ: TST ) - CANNELL CAPITAL LLC has filed an amended Schedule 13D/A, reporting a 9.47% ownership stake in TheStreet. This is a decrease of 0.11% from their previous filing.
World Point Terminals LP (NYSE: WPT ) - World Point Terminals, Inc. has filed an amended Schedule 13D/A, reporting a 65.70% ownership stake in World Point Terminals.
Xenith Bankshares, Inc. (NASDAQ: XBKS ) - CapGen Capital Group VI LP has filed an amended Schedule 13D/A, reporting a 22.10% ownership stake in Xenith Bankshares. This is a decrease of 0.45% from their previous filing.
Orchids Paper Products Company (NYSEMKT: TIS ) - Garcia Mario Armando has filed an amended Schedule 13D/A, reporting a 6.80% ownership stake in Orchids Paper Products.
Concurrent Computer Corp. (NASDAQ: CCUR ) - SINGER JULIAN D. has filed an amended Schedule 13D/A, reporting a 13.90% ownership stake in Concurrent Computer. This is an increase of 15.83% from their previous filing.
Amended Passive Investor Filings
Applied Optoelectronics, Inc. (NASDAQ: AAOI ) - Whale Rock Capital Management LLC has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in Applied Optoelectronics. This is a decrease of 100.00% from their previous filing.
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The post Applied Optoelectronics Inc (AAOI) Leads 11 Notable Investor Filings appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Amended Passive Investor Filings Applied Optoelectronics, Inc. (NASDAQ: AAOI ) - Whale Rock Capital Management LLC has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in Applied Optoelectronics. Applied Optoelectronics Inc (NASDAQ:AAOI ) is the largest company of interest. More From InvestorPlace The 7 Best "Comeback" Stocks to Buy for a Huge Second Half The 10 Best Stocks to Buy for the Next Decade Criminally Underrated Tech Stocks to Buy Now The post Applied Optoelectronics Inc (AAOI) Leads 11 Notable Investor Filings appeared first on InvestorPlace .
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Amended Passive Investor Filings Applied Optoelectronics, Inc. (NASDAQ: AAOI ) - Whale Rock Capital Management LLC has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in Applied Optoelectronics. Applied Optoelectronics Inc (NASDAQ:AAOI ) is the largest company of interest. More From InvestorPlace The 7 Best "Comeback" Stocks to Buy for a Huge Second Half The 10 Best Stocks to Buy for the Next Decade Criminally Underrated Tech Stocks to Buy Now The post Applied Optoelectronics Inc (AAOI) Leads 11 Notable Investor Filings appeared first on InvestorPlace .
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Amended Passive Investor Filings Applied Optoelectronics, Inc. (NASDAQ: AAOI ) - Whale Rock Capital Management LLC has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in Applied Optoelectronics. Applied Optoelectronics Inc (NASDAQ:AAOI ) is the largest company of interest. More From InvestorPlace The 7 Best "Comeback" Stocks to Buy for a Huge Second Half The 10 Best Stocks to Buy for the Next Decade Criminally Underrated Tech Stocks to Buy Now The post Applied Optoelectronics Inc (AAOI) Leads 11 Notable Investor Filings appeared first on InvestorPlace .
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Amended Passive Investor Filings Applied Optoelectronics, Inc. (NASDAQ: AAOI ) - Whale Rock Capital Management LLC has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in Applied Optoelectronics. More From InvestorPlace The 7 Best "Comeback" Stocks to Buy for a Huge Second Half The 10 Best Stocks to Buy for the Next Decade Criminally Underrated Tech Stocks to Buy Now The post Applied Optoelectronics Inc (AAOI) Leads 11 Notable Investor Filings appeared first on InvestorPlace . Applied Optoelectronics Inc (NASDAQ:AAOI ) is the largest company of interest.
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843ee5e5-c315-483b-9a9c-23d0b12e04af
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10009.0
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2017-05-25 00:00:00 UTC
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Should You Buy Applied Optoelectronics (AAOI) Stock?
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AAOI
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https://www.nasdaq.com/articles/should-you-buy-applied-optoelectronics-aaoi-stock-2017-05-25
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nan
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nan
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Shares of one of Wall Street's trendiest stocks, Applied Optoelectronics AAOI , dipped more than 1.5% on Thursday. However, the fundamental picture for this advanced fiber-optic device maker hasn't changed, which means investors could be getting a slight discount on what is still a Zacks Rank #1 (Strong Buy) stock.
Applied Optoelectronics shares have been on a roll ever since the company reported better-than-expected earnings earlier this month. For the first quarter, AAOI posted earnings of $1.10 per share, blowing by the Zacks Consensus Estimate of $0.95 (also read: Here's Why Applied Optoelectronics Stock Popped After Earnings ).
"AOI started off the year with a record performance, and in the first quarter, achieved the highest revenue and earnings in the company's history. Our record results this quarter were driven by continued demand for our market-leading datacenter products and solid execution," said company CEO Dr. Thompson Lin.
The CEO really hits it on the head here, as the company has benefited remarkably from an increased demand for data center products. And you don't just have to take my word for it.
Earlier this week, shares of Applied Optoelectronics saw a nice boost after Needham & Co. analyst Alex Henderson initiated coverage on the stock with a "Strong Buy" rating and an $80 price target. Henderson noted that the company will benefit from tech giants like Amazon AMZN , Facebook FB , and Microsoft MSFT upgrading their data centers to support ultra-fast communications for cloud services.
"We expect very strong demand growth over the next several years as the Web 2.0, Big Data, social media and [cloud] companies drive efficiencies through their current and new scaled-out data-center footprints," he said.
As for now, Applied Optoelectronics is a Zacks Rank #1 (Strong Buy) stock because of its impressive earnings estimate revision activity. Over the last 60 days, we've seen four positive revisions for the company's full-year and next-year earnings estimates.
It's also worth noting that Applied Optoelectronics is sporting an "A" grade for Growth in our Style Scores system. Our current consensus estimates call for the company to post EPS growth of 270% on sales growth of 70% this fiscal year. Looking ahead, that growth is expected to continue, with 2018 estimates calling for EPS growth of 16% and sales growth of 19%.
Of course, if we are pegging this company's future potential on the demand for data center materials, then investors will want to keep an eye on the overall sector too. This stock will likely respond to sector-wide news, whether it is encouraging or discouraging.
Nevertheless, the strong Zacks Rank and positive growth metrics should be enough to excite many investors right now.
Want morestock market analysisfrom this author? Make sure to follow @ Ryan_McQueeney on Twitter!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
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
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Facebook, Inc. (FB): Free Stock Analysis Report
Microsoft Corporation (MSFT): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shares of one of Wall Street's trendiest stocks, Applied Optoelectronics AAOI , dipped more than 1.5% on Thursday. For the first quarter, AAOI posted earnings of $1.10 per share, blowing by the Zacks Consensus Estimate of $0.95 (also read: Here's Why Applied Optoelectronics Stock Popped After Earnings ). Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Facebook, Inc. (FB): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here.
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For the first quarter, AAOI posted earnings of $1.10 per share, blowing by the Zacks Consensus Estimate of $0.95 (also read: Here's Why Applied Optoelectronics Stock Popped After Earnings ). Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Facebook, Inc. (FB): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of one of Wall Street's trendiest stocks, Applied Optoelectronics AAOI , dipped more than 1.5% on Thursday.
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For the first quarter, AAOI posted earnings of $1.10 per share, blowing by the Zacks Consensus Estimate of $0.95 (also read: Here's Why Applied Optoelectronics Stock Popped After Earnings ). Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Facebook, Inc. (FB): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of one of Wall Street's trendiest stocks, Applied Optoelectronics AAOI , dipped more than 1.5% on Thursday.
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For the first quarter, AAOI posted earnings of $1.10 per share, blowing by the Zacks Consensus Estimate of $0.95 (also read: Here's Why Applied Optoelectronics Stock Popped After Earnings ). Shares of one of Wall Street's trendiest stocks, Applied Optoelectronics AAOI , dipped more than 1.5% on Thursday. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Facebook, Inc. (FB): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here.
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6f37d453-0ba5-43e2-96fe-8d9a44899c7a
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10010.0
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2017-05-24 00:00:00 UTC
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Here's Why You Should Offload NetScout Systems (NTCT) Stock
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AAOI
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https://www.nasdaq.com/articles/heres-why-you-should-offload-netscout-systems-ntct-stock-2017-05-24
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nan
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nan
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On May 24, Zacks Investment Research downgraded NetScout Systems Inc.NTCT to a Zacks Rank #5 (Strong Sell).
The downgrade can be primarily attributed to negative estimate revisions over the last 30 days. Notably, the Zacks Consensus Estimate for 2018 has declined 6.6% to $1.69 over the said period. For 2019, the estimate is currently pegged at $1.97, reflecting a 6.19% decline over the same time frame.
The negative estimate revision was primarily due to mixed fourth-quarter fiscal 2017 results and back-end loaded fiscal 2018 top-line guidance. Although earnings (including stock-based compensation) of 58 cents per share beat the Zacks Consensus Estimate by 3 cents, revenues of $327.2 million missed the consensus mark by a whisker.
We also note that shares of NetScout have underperformed the Zacks Computer-Office Equipment industry on a year-to-date basis. While the industry gained 18.3%, the stock returned 12.8%.
Gloomy Outlook Disappoints
NetScout projects fiscal 2018 non-GAAP revenues to be relatively flat compared with fiscal 2017 levels. The company expects to achieve 40% of its revenues in the first half of fiscal 2018, which is lower than 45% achieved historically. The lowered expectations can be attributed to weak service provider end-market as well as tough comparisons from the Arbor product line.
Moreover, the company is set to launch a number of new products at the enterprise vertical, which will take some time to contribute meaningfully to the top line. NetScout believes that this will impact revenue growth in the first half of 2018.
Nevertheless, NetScout forecasts earnings of $1.92 per share for fiscal 2018, reflecting mid-single to high-single digit percentage growth over fiscal 2017, driven by improving operating margin.
Per management, service provider segment revenues (around 56% of the total revenue) are expected to decline in the first-quarter of fiscal 2018 due to lower spending from Tier 1 service providers in the U.S. The company expects revenues from a significant Tier 1 customer to decrease around $35 - $40 million on a year-over-year basis.
NetScout anticipates earnings to be in the range of 5-8 cents per share for the first quarter of 2018. The Zacks Consensus Estimate is currently pegged at 2 cents, which reflects 14.3% decline on a year-over-year basis.
NetScout Systems, Inc. Price and Consensus
NetScout Systems, Inc. Price and Consensus | NetScout Systems, Inc. Quote
Stocks to Consider
Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI , Applied Materials AMAT and Extreme Networks EXTR . While Applied Optoelectronics and Applied Materials sport a Zacks Rank #1 (Strong Buy), Extreme Networks carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term growth for Applied Optoelectronics, Applied Materials and Extreme Networks is estimated to be 20%, 16.58% and 17%, respectively, which is better than NetScout's 14.5%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
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
NetScout Systems, Inc. (NTCT): Free Stock Analysis Report
Extreme Networks, Inc. (EXTR): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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NetScout Systems, Inc. Price and Consensus NetScout Systems, Inc. Price and Consensus | NetScout Systems, Inc. Quote Stocks to Consider Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI , Applied Materials AMAT and Extreme Networks EXTR . Click to get this free report NetScout Systems, Inc. (NTCT): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. We also note that shares of NetScout have underperformed the Zacks Computer-Office Equipment industry on a year-to-date basis.
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NetScout Systems, Inc. Price and Consensus NetScout Systems, Inc. Price and Consensus | NetScout Systems, Inc. Quote Stocks to Consider Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI , Applied Materials AMAT and Extreme Networks EXTR . Click to get this free report NetScout Systems, Inc. (NTCT): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. While Applied Optoelectronics and Applied Materials sport a Zacks Rank #1 (Strong Buy), Extreme Networks carries a Zacks Rank #2 (Buy).
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NetScout Systems, Inc. Price and Consensus NetScout Systems, Inc. Price and Consensus | NetScout Systems, Inc. Quote Stocks to Consider Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI , Applied Materials AMAT and Extreme Networks EXTR . Click to get this free report NetScout Systems, Inc. (NTCT): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. While Applied Optoelectronics and Applied Materials sport a Zacks Rank #1 (Strong Buy), Extreme Networks carries a Zacks Rank #2 (Buy).
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NetScout Systems, Inc. Price and Consensus NetScout Systems, Inc. Price and Consensus | NetScout Systems, Inc. Quote Stocks to Consider Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI , Applied Materials AMAT and Extreme Networks EXTR . Click to get this free report NetScout Systems, Inc. (NTCT): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. On May 24, Zacks Investment Research downgraded NetScout Systems Inc.NTCT to a Zacks Rank #5 (Strong Sell).
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d1b1c58b-0b3e-4584-ab2a-2f906637ac5e
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10011.0
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2017-05-24 00:00:00 UTC
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MKS Instruments Ranked Strong Buy on Healthy Growth Drivers
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AAOI
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https://www.nasdaq.com/articles/mks-instruments-ranked-strong-buy-on-healthy-growth-drivers-2017-05-24
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nan
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nan
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We issued an updated research report on premium scientific and technical instruments company, MKS Instruments, Inc.MKSI , on May 24.
Over the last one month, shares of this Zacks Rank #1 (Strong Buy) stock yielded a return of 7.66%, outperforming 3.90% growth recorded by the Zacks classified Electronics - Manufacturing Machinery industry.
Why Should You Grab the Stock?
MKS Instruments reported better-than-expected revenues in first-quarter 2017. The stellar top-line performance was stemmed by stronger semiconductor and other advanced markets demand. The company witnessed impressive semiconductor sales growth, which is nearly two times higher than the average industry growth rate, backed by its non-imitable broad and deep technology portfolio. Premium technologies of MKS Instruments, such as the latest Green Idle Mode technology, aid in solving complex end-user problems, in turn strengthening the company's customer relationships.
In second-quarter 2017, MKS Instruments anticipates to accrue revenues within the range of $440-$480 million, estimating a 5% year-over-year mid-point growth.
In addition, the company intends to boost its financial fundamentals through strategic inorganic growth programs. For instance, the Newport Corporation acquisition (completed in Apr 2016) is boosting the company's top and bottom lines, by reinforcing its presence in the Life Sciences, Semiconductor, Research and Industrial markets. On the back of this buyout, the company generated roughly $32 million cost synergies in the recently reported quarter. MKS Instruments projects to generate $40 million cost synergies from this deal by the end of 2018.
Moreover, MKS Instruments has implemented a new financial strategy aimed at reducing interest expense and deleveraging its balance sheet over the long term. In first-quarter 2017, the company paid $50 million worth voluntary principal prepayment of term loan. Since Apr 29, 2016, MKS Instruments has repaid $200 million term loan through voluntary principal prepayments and effectively reduced interest rate spreads in two junctures, mirroring strength of its financial results. Notably, since last April, the company has lowered annual cash interest expense by more than 40%.
Over the last 30 days, the Zacks Consensus Estimate for the stock moved north for both 2017 and 2018, reflecting positive market sentiments.
Other Key Picks
Some other top-ranked stocks in the industry are listed below:
Applied Optoelectronics, Inc. AAOI pulled off a remarkable average positive earnings surprise of 118.33% in the last four quarters and currently sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Axcelis Technologies, Inc. ACLS , which also boasts a Zacks Rank #1, generated an impressive average positive earnings surprise of 135.78% over the past four quarters.
Agilent Technologies, Inc. A currently carries a Zacks Rank #2 (Buy) and delivered an average positive earnings surprise of 11.68% over the trailing four quarters.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
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
MKS Instruments, Inc. (MKSI): Free Stock Analysis Report
Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Agilent Technologies, Inc. (A): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Key Picks Some other top-ranked stocks in the industry are listed below: Applied Optoelectronics, Inc. AAOI pulled off a remarkable average positive earnings surprise of 118.33% in the last four quarters and currently sports a Zacks Rank #1. Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. For instance, the Newport Corporation acquisition (completed in Apr 2016) is boosting the company's top and bottom lines, by reinforcing its presence in the Life Sciences, Semiconductor, Research and Industrial markets.
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Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks Some other top-ranked stocks in the industry are listed below: Applied Optoelectronics, Inc. AAOI pulled off a remarkable average positive earnings surprise of 118.33% in the last four quarters and currently sports a Zacks Rank #1. Since Apr 29, 2016, MKS Instruments has repaid $200 million term loan through voluntary principal prepayments and effectively reduced interest rate spreads in two junctures, mirroring strength of its financial results.
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Other Key Picks Some other top-ranked stocks in the industry are listed below: Applied Optoelectronics, Inc. AAOI pulled off a remarkable average positive earnings surprise of 118.33% in the last four quarters and currently sports a Zacks Rank #1. Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Over the last one month, shares of this Zacks Rank #1 (Strong Buy) stock yielded a return of 7.66%, outperforming 3.90% growth recorded by the Zacks classified Electronics - Manufacturing Machinery industry.
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Other Key Picks Some other top-ranked stocks in the industry are listed below: Applied Optoelectronics, Inc. AAOI pulled off a remarkable average positive earnings surprise of 118.33% in the last four quarters and currently sports a Zacks Rank #1. Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. MKS Instruments reported better-than-expected revenues in first-quarter 2017.
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e274dbd2-4924-49cd-a413-a2bdb190e73d
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10012.0
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2017-05-24 00:00:00 UTC
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Back to 2400 Already?
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AAOI
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https://www.nasdaq.com/articles/back-2400-already-2017-05-24
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nan
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nan
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Artificial Intelligence is the hottest topic in the entire technology sector. In fact, the latest data from the IDC projects that worldwide adoption of artificial intelligence will drive global revenues to a shocking $47 billion in 2020. So it's no wonder investors are asking how they can cash in on this trend. But first investors must understand AI. Our latest special report, "The 588% Revenue Explosion," provides the essential information you'll need to profit from the latest world-changing trend, including top picks to tap its stunning potential. Log on to Zacks.com to read The 588% Revenue Explosion now.
The market has done an admirable job at recovering from last Wednesday's sharp selloff. Stocks have now put together four straight days of gains and are close to fully recuperating the losses. You may remember that the S&P had completed two consecutive sessions above 2400 before the plunge…and it took a while for the index to reach that mark. And now it is back to within two points. So is the S&P set to breach that milestone again?
The editors aren't sure.
"The momentum would have one believing that stocks are ready to break above 2400 once again. However, I sense it will not be that easy to fully negate all the recent concerns," said Steve in RTA , who thinks we will consolidate below that mark for a while longer.
"2400 resistance will now have to give way if the bulls want to see a breakout. I really have no good feel here. Buying feels like chasing, and shorting seems like a terrible idea," said Jeremy in Counterstrike.
We'll find out soon enough since the S&P closed Tuesday's session just 1.58 points away from 2400 and less than 0.10% away from getting back all of last Wednesday's losses. The index was up 0.18% today to 2398.4, while the Dow increased 0.21% to 20,937.9 and the NASDAQ inched higher 0.08% to 6138.7.
Today's Portfolio Highlights:
Zacks Counterstrike: For the second straight day, the portfolio has a nice, double-digit return (+50% for AAOI yesterday). Financial and marketing services provider Square (SQ) has been climbing ever since reporting a 55% positive surprise. But now the stock is approaching secondary price targets, so Jeremy felt this position served its purpose. The editor sold it on Tuesday and secured a solid 25.8% return in about two months.
Momentum Trader: Shares of CAI International (CAI) are moving higher after pulling back to its 50-day moving average...and Dave wants in. He added this transportation finance and logistics company to the portfolio on Tuesday with a 12.5% allocation. The editor hopes that CAI will break through the top end of its trend channel. Meanwhile, Dave used the rest of the portfolio's cash to buy more shares of staffing company Kelly Services (KELYA), which was first bought last Wednesday amid a breakout. The complete commentary has more on these moves, along with a detailed look at CAI's chart.
Options Trader: The portfolio had three new signals on Tuesday:
• Kevin is still bullish on Wabco (WBC), but the portfolio's two June calls in the stock only have 17 trading days left. That's too close for comfort, so the editor removed those calls and added three September bull call spreads.
• Dover (DOV) is part of a space (Machinery - General Industrial) that's in the top 12% of the Zacks Industry Rank, and it has just broken out of a bullish rectangle consolidation pattern. Kevin thinks more new highs are on the way, so he added a few bull call spreads in the name.
• Total System Services (TSS) is projecting an EPS growth rate of 16.86% and a sales growth rate of 31.01%, which are both MUCH higher than the industry median. Yet the valuation for this global commerce solutions company is well below the median, which makes TSS a "fantastic growth and valuation pick". Having just broken out of a bullish ascending triangle pattern with more upside to come, Kevin decided to add a couple calls in TSS.
Make sure to read the full write-up for specifics on each of these moves.
TAZR Trader: The market is overreacting to what amounts to nothing more than an ongoing senior management reorganization at Alexion Pharmaceuticals (ALXN). Shares of this profitable biotech dropped by more than 8% on Tuesday, providing Kevin with a great opportunity to pick up more shares of a company that's on its way to $4 billion in sales with a growing pipeline and a P/E below 25X. The editor thinks that ALXN will be back to $110 soon and then resume its course to around $150. He added more shares on Tuesday to the original 7% allocation from two weeks ago. Read the full write-up for more.
Stocks Under $10: In fiscal 2016, Quantum Corp (QTM) got 29% of its revenues from storage and 63% from data protection. So this stock is way more than just storage; it is also a play on cyber security. Despite having a foot in two important areas and generating $505 million in revenues last year, Brian Bolan feels this approximately $8 is still under the radar. So he added it to the portfolio on Tuesday. The full commentary has a lot more on this new addition, including a review of its earnings history, estimate revisions and valuation.
Zacks Short List: Half of the portfolio was replaced in this week's adjustment. The stocks that were short-covered include:
• Zillow Group (Z, +4%)
• IAC/InterActiveCorp (IAC)
• Occidental Petroleum (OXY)
• Apache Corp (APA) and
• Agnico Eagle Mines (AEM)
The new buys that replaced these names are:
• Atheanahealth Inc. (ATHN)
• Bitauto Holding Ltd. (BITA)
• Charter Communications (CHTR)
• Continental Resources (CLR)
• National Oilwell Varco (NOV)
Learn more about this emotion-free portfolio that takes advantage of falling and volatile markets by reading the Short List Trader Guide.
All the Best,
Jim Giaquinto Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Today's Portfolio Highlights: Zacks Counterstrike: For the second straight day, the portfolio has a nice, double-digit return (+50% for AAOI yesterday). In fact, the latest data from the IDC projects that worldwide adoption of artificial intelligence will drive global revenues to a shocking $47 billion in 2020. Meanwhile, Dave used the rest of the portfolio's cash to buy more shares of staffing company Kelly Services (KELYA), which was first bought last Wednesday amid a breakout.
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Today's Portfolio Highlights: Zacks Counterstrike: For the second straight day, the portfolio has a nice, double-digit return (+50% for AAOI yesterday). Our latest special report, "The 588% Revenue Explosion," provides the essential information you'll need to profit from the latest world-changing trend, including top picks to tap its stunning potential. Momentum Trader: Shares of CAI International (CAI) are moving higher after pulling back to its 50-day moving average...and Dave wants in.
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Today's Portfolio Highlights: Zacks Counterstrike: For the second straight day, the portfolio has a nice, double-digit return (+50% for AAOI yesterday). Options Trader: The portfolio had three new signals on Tuesday: • Kevin is still bullish on Wabco (WBC), but the portfolio's two June calls in the stock only have 17 trading days left. The stocks that were short-covered include: • Zillow Group (Z, +4%) • IAC/InterActiveCorp (IAC) • Occidental Petroleum (OXY) • Apache Corp (APA) and • Agnico Eagle Mines (AEM) The new buys that replaced these names are: • Atheanahealth Inc. (ATHN) • Bitauto Holding Ltd. (BITA) • Charter Communications (CHTR) • Continental Resources (CLR) • National Oilwell Varco (NOV) Learn more about this emotion-free portfolio that takes advantage of falling and volatile markets by reading the Short List Trader Guide.
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Today's Portfolio Highlights: Zacks Counterstrike: For the second straight day, the portfolio has a nice, double-digit return (+50% for AAOI yesterday). We'll find out soon enough since the S&P closed Tuesday's session just 1.58 points away from 2400 and less than 0.10% away from getting back all of last Wednesday's losses. The editor thinks that ALXN will be back to $110 soon and then resume its course to around $150.
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3a49b96d-6a3f-4042-94bc-a7b73830eb92
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10013.0
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2017-05-23 00:00:00 UTC
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Why Optical Communications Stocks Popped on Monday
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AAOI
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https://www.nasdaq.com/articles/why-optical-communications-stocks-popped-monday-2017-05-23
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nan
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nan
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What happened
Shares of several fiber-optic communications companies jumped at least 9% on Monday after analysts at Rosenblatt Securities said China Telecom (NYSE: CHA) has started work on its Metro upgrade.
So what
Included among the biggest gainers as of 2:30 p.m. EDT yesterday were Oclaro (NASDAQ: OCLR) (up 10.1%), Applied Optoelectronics (NASDAQ: AAOI) (up 12.1%), Finisar (NASDAQ: FNSR) (up 10.3%), and Acacia Communications (NASDAQ: ACIA) (up 10.7%) -- with all viewed by investors as possible beneficiaries of China's fiber network upgrade cycle.
Now what
The update shouldn't come as a complete surprise. Last Wednesday, Rosenblatt analyst Jun Zhang initiated coverage on Oclaro with a buy rating and $12-per-share price target -- a hefty premium to Oclaro's current price of $9.37 per share.
"We believe that China Mobile 's Phase 12 60T procurement and China Telecom's Metro upgrade are likely to begin in June and September/October, respectively, which should help reignite industry demand and push OCLR back to its normal revenue levels by the end of this year," Zhang explained at the time. "We believe China's optical demand can resume its growth in 2018 with more metro-level upgrades."
In the end, if that prediction proves accurate, I suspect the recent gains enjoyed by investors in each of the above-mentioned optical communications companies could be just the beginning.
10 stocks we like better than China Telecom
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and China Telecom wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of May 1, 2017
Steve Symington has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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So what Included among the biggest gainers as of 2:30 p.m. EDT yesterday were Oclaro (NASDAQ: OCLR) (up 10.1%), Applied Optoelectronics (NASDAQ: AAOI) (up 12.1%), Finisar (NASDAQ: FNSR) (up 10.3%), and Acacia Communications (NASDAQ: ACIA) (up 10.7%) -- with all viewed by investors as possible beneficiaries of China's fiber network upgrade cycle. What happened Shares of several fiber-optic communications companies jumped at least 9% on Monday after analysts at Rosenblatt Securities said China Telecom (NYSE: CHA) has started work on its Metro upgrade. "We believe that China Mobile 's Phase 12 60T procurement and China Telecom's Metro upgrade are likely to begin in June and September/October, respectively, which should help reignite industry demand and push OCLR back to its normal revenue levels by the end of this year," Zhang explained at the time.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. So what Included among the biggest gainers as of 2:30 p.m. EDT yesterday were Oclaro (NASDAQ: OCLR) (up 10.1%), Applied Optoelectronics (NASDAQ: AAOI) (up 12.1%), Finisar (NASDAQ: FNSR) (up 10.3%), and Acacia Communications (NASDAQ: ACIA) (up 10.7%) -- with all viewed by investors as possible beneficiaries of China's fiber network upgrade cycle. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.
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So what Included among the biggest gainers as of 2:30 p.m. EDT yesterday were Oclaro (NASDAQ: OCLR) (up 10.1%), Applied Optoelectronics (NASDAQ: AAOI) (up 12.1%), Finisar (NASDAQ: FNSR) (up 10.3%), and Acacia Communications (NASDAQ: ACIA) (up 10.7%) -- with all viewed by investors as possible beneficiaries of China's fiber network upgrade cycle. 10 stocks we like better than China Telecom When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. * David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and China Telecom wasn't one of them!
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So what Included among the biggest gainers as of 2:30 p.m. EDT yesterday were Oclaro (NASDAQ: OCLR) (up 10.1%), Applied Optoelectronics (NASDAQ: AAOI) (up 12.1%), Finisar (NASDAQ: FNSR) (up 10.3%), and Acacia Communications (NASDAQ: ACIA) (up 10.7%) -- with all viewed by investors as possible beneficiaries of China's fiber network upgrade cycle. * David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and China Telecom wasn't one of them! That's right -- they think these 10 stocks are even better buys.
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b3b39cdf-c32d-4419-b637-71e7b9a8d526
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10014.0
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2017-05-23 00:00:00 UTC
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Zacks.com featured highlights: Applied Optoelectronics, Stamps.com, KMG Chemicals and Ferrari N.V.
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AAOI
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-applied-optoelectronics-stamps.com-kmg-chemicals-and
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nan
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nan
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For Immediate Release
Chicago, IL - May 23, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Stamps.com Inc. (NASDAQ: STMP - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ) and Ferrari N.V. (NYSE: RACE - Free Report ).
Screen of the Week of Zacks Investment Research:
Buy These 4 Most Profitable Stocks for Whopping Returns
Profitability analysis is normally used to measure a company's ability to not only meet all its business-related expenses but also provide high returns to its investors. Using profitability analysis we can chose the best-performing companies based on their profit position.
The most effective way to determine a company's profitability is by using ratio analysis. There are four important profitability ratios, namely gross income ratio, operating income ratio, pre-tax profit margin and net income ratio. Here, we have chosen the most efficient and frequently used profitability ratio - net income ratio.
Net Income Ratio
Net income ratio gives us the exact profit level of a company. It reflects the percentage of net income to total sales revenue. Using net income ratio, one can determine a company's capability to bear all its operating and non-operating expenses from its sales revenue. A higher net income ratio usually implies a company's ability to generate ample sales revenue and successfully manage all its business functions.
Screening Parameters
Net income ratio is not the only indicator of future winners. So, we have added a few more criteria to arrive at a winning strategy.
Zacks Rank equal to #1: Only Zacks Rank #1 (Strong Buy) stocks are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off. You can see the complete list of today's Zacks #1 Rank stocks here .
12-Month Trailing Sales and Net Income Growth Higher than X Industry: Stocks that possess higher sales and net income growth in the last 12 months showcase better financial performance.
12-Month Trailing Net Income Ratio Higher than X Industry: High net income ratio indicates a company's solid profitability.
% Rating Strong Buy greater than 70%: This indicates that 70% of the analysts covering these stocks are optimistic.
These few parameters narrowed down the universe of over 7,896 stocks to only 8.
Here are four of the eight stocks that qualified the screen:
Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. It has an average four-quarter positive earnings surprise of more than 100%.
Stamps.com Inc. (NASDAQ: STMP - Free Report ) offers Internet-based mailing and shipping solutions in the U.S. It has an average four-quarter positive earnings surprise of 42.2%.
KMG Chemicals, Inc. (NYSE: KMG - Free Report ) is a manufacturer and distributor of specialty chemicals globally. It has an average four-quarterpositive earnings surprise of 10.6%.
Ferrari N.V. (NYSE: RACE - Free Report ) is a producer and seller of luxury performance sports cars. It has an average four-quarter positive earnings surprise of 31.2%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on AAOI - FREE
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Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/performance
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Stamps.com Inc. (STMP): Free Stock Analysis Report
KMG Chemicals, Inc. (KMG): Free Stock Analysis Report
Ferrari N.V. (RACE): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - May 23, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Stamps.com Inc. (NASDAQ: STMP - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ) and Ferrari N.V. (NYSE: RACE - Free Report ). Here are four of the eight stocks that qualified the screen: Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. Get the full Report on AAOI - FREE Get the full Report on STMP - FREE Get the full Report on KMG - FREE Get the full Report on RACE - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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For Immediate Release Chicago, IL - May 23, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Stamps.com Inc. (NASDAQ: STMP - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ) and Ferrari N.V. (NYSE: RACE - Free Report ). Get the full Report on AAOI - FREE Get the full Report on STMP - FREE Get the full Report on KMG - FREE Get the full Report on RACE - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Stamps.com Inc. (STMP): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - May 23, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Stamps.com Inc. (NASDAQ: STMP - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ) and Ferrari N.V. (NYSE: RACE - Free Report ). Get the full Report on AAOI - FREE Get the full Report on STMP - FREE Get the full Report on KMG - FREE Get the full Report on RACE - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Stamps.com Inc. (STMP): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Stamps.com Inc. (STMP): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - May 23, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Stamps.com Inc. (NASDAQ: STMP - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ) and Ferrari N.V. (NYSE: RACE - Free Report ). Here are four of the eight stocks that qualified the screen: Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc.
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7c63c596-a8eb-40a7-b39f-17b8f47d6ad1
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10015.0
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2017-05-23 00:00:00 UTC
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Ichor Holdings (ICHR) Looks Good: Stock Adds 10% in Session
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AAOI
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https://www.nasdaq.com/articles/ichor-holdings-ichr-looks-good%3A-stock-adds-10-in-session-2017-05-23
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nan
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nan
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Ichor Holdings, Ltd.ICHR was a big mover last session, as the company saw its shares rise over 10% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $18.93 to $21.03 in the past one-month time frame.
The company has seen one positive estimate revision in the last 30 days and the Zacks Consensus Estimate also moved higher suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.
Currently, Ichor Holdings sports a Zacks Rank #1 (Strong Buy).
Ichor Holdings, Ltd. Price
Ichor Holdings, Ltd. Price | Ichor Holdings, Ltd. Quote
Another similarly-ranked stock in the same industry is Applied Optoelectronics, Inc. AAOI . You can see the complete list of today's Zacks #1 Rank stocks here .
Is ICHR going up? Or down? Predict to see what others think: Up or Down
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time. One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Ichor Holdings, Ltd. Price Ichor Holdings, Ltd. Price | Ichor Holdings, Ltd. Quote Another similarly-ranked stock in the same industry is Applied Optoelectronics, Inc. AAOI . Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report To read this article on Zacks.com click here. Ichor Holdings, Ltd.ICHR was a big mover last session, as the company saw its shares rise over 10% on the day.
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Ichor Holdings, Ltd. Price Ichor Holdings, Ltd. Price | Ichor Holdings, Ltd. Quote Another similarly-ranked stock in the same industry is Applied Optoelectronics, Inc. AAOI . Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Ichor Holdings, Ltd. Price Ichor Holdings, Ltd. Price | Ichor Holdings, Ltd. Quote Another similarly-ranked stock in the same industry is Applied Optoelectronics, Inc. AAOI . Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report To read this article on Zacks.com click here. Predict to see what others think: Up or Down Zacks' 2017 IPO Watch List Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar.
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Ichor Holdings, Ltd. Price Ichor Holdings, Ltd. Price | Ichor Holdings, Ltd. Quote Another similarly-ranked stock in the same industry is Applied Optoelectronics, Inc. AAOI . Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report To read this article on Zacks.com click here. Download this IPO Watch List today for free >> Want the latest recommendations from Zacks Investment Research?
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6335c0cc-3a6b-40f2-9e55-3a5c32752d0f
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10016.0
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2017-05-23 00:00:00 UTC
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Almost There
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AAOI
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https://www.nasdaq.com/articles/almost-there-2017-05-23
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nan
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nan
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Stocks started the week with a third straight day of gains, as it continues to climb out of last Wednesday's selloff. The major indices are not there yet, but a couple more days on the plus side should do it and put to rest one of the most hysterical plunges we've seen in a while.
For now, President Trump's overseas trip has progressed without controversy and today the Chicago Fed National Activity Index reached its highest level in more than 2 years. In the absence of any obstacles, the market was able to move higher on Monday. The S&P climbed 0.52% to 2394, the Dow advanced 0.43% to 20,894.8 and the NASDAQ increased 0.82% to 6133.62.
The portfolios had several double-digit winners on Monday, led by a more than 50% profit for a position in Zacks Counterstrike . Momentum Trader, Black Box Trader and Insider Trader also sold stocks for strong returns. There were seven buys among the editors as well. Learn about it all below:
Today's Portfolio Highlights:
Zacks Counterstrike: The portfolio has already pulled double-digit profits out of Applied Optoelectronics (AAOI) twice in recent weeks, and today Jeremy decided to close out the position as it nears the $70 price target. This stock has been really good to the portfolio, but it has moved so high and seems due for one of its vicious pullbacks. The editor would be willing to get back in at a lower price down the road. For now though, he'll just enjoy the 52.5% return.
Momentum Trader: For the second time in the past six months, the portfolio is getting a 20%+ winner out of Advanced Energy Industries (AEIS). The first time was back in December for a nearly 21.5% profit. Today, Dave wants to take a little risk off the table, so he sold half of this semiconductor manufacturing technology company for a 24.4% gain. But he's holding onto the other half in case it continues to run higher.
Black Box Trader: The portfolio had a couple nice winners in this week's adjustment, which included four swaps in all. The sold stocks were:
• Weight Watchers (WTW, +15.9%)
• KB Home (KBH, +8.5%)
• Cigna Corp. (CI)
• Pilgrim's Pride (PPC)
The two new additions that replaced these names are:
• The Carlyle Group (CG)
• Platform Specialty (PAH)
• Performance Food Group (PFGC)
• Ultra Clean Holdings (UCTT)
Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing.
Insider Trader: Who knew avocados could be so profitable? Tracey did, which is why she bought Calavo Growers (CVGW) a little more than two months ago. The stock is up approximately 13% for the portfolio, and the editor thought it was time to bank that return on such a volatile stock ahead of its June 5th report. Remember, last time CVGW missed expectations and the shares got hammered. Plus, she wanted to make some room for a new buy...
The portfolio is moving from a fruit (yes, an avocado is a fruit) to fast food with its new addition of Yum China (YUMC), the Yum! Brands (YUM) spin-off that operates more than 7000 KFC and Pizza Huts in China. Shares are hitting new highs after a solid first-quarter report amid an improving Chinese economy, but that didn't stop the Chief Legal Officer and a Director from buying shares on May 17. Tracey likes to see insiders buying at new highs because it means that they are especially bullish that the good times will continue. She added it with an approximately 8% allocation.
Healthcare Innovators: Shares of Johnson & Johnson (JNJ) are consolidating after moving higher in the wake of its Invokana update. Kevin saw this as a perfect time to add this well-known healthcare staple to the portfolio, especially after it announced a 5-year plan to release 10 "blockbuster" launches. The market has been pretty slow to react to such a bold plan, but the editor won't make that mistake. Read the complete commentary for a lot more on this new addition.
Home Run Investor: Shares of HubSpot (HUBS) have gotten a bit oversold as it drifts below $70, leaving Dave with a great opportunity to add this inbound marketing software platform to the portfolio. The editor was most impressed with the company's revenue growth, which came to 57% in 2015, 48.9% in 2016 and 32.16% this year. Read more in the full write-up and get ready for another buy on Wednesday morning.
Zacks Confidential:"If a picture is worth a thousand words, then the right stock chart can be worth thousands of dollars (or more)!" So says Kevin Matras, who incorporates the Zacks Rank in his methodology to find the "right" chart. He's been very successful in this regard, so Steve gave him the Zacks Confidential this week to show how it's done. Learn how to use chart patterns and get three stocks that look ready to breakout: Finding Breakout Stocks: Seeing is Believing.
Have a Good Evening,
Jim Giaquinto
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Learn about it all below: Today's Portfolio Highlights: Zacks Counterstrike: The portfolio has already pulled double-digit profits out of Applied Optoelectronics (AAOI) twice in recent weeks, and today Jeremy decided to close out the position as it nears the $70 price target. For now, President Trump's overseas trip has progressed without controversy and today the Chicago Fed National Activity Index reached its highest level in more than 2 years. The sold stocks were: • Weight Watchers (WTW, +15.9%) • KB Home (KBH, +8.5%) • Cigna Corp. (CI) • Pilgrim's Pride (PPC) The two new additions that replaced these names are: • The Carlyle Group (CG) • Platform Specialty (PAH) • Performance Food Group (PFGC) • Ultra Clean Holdings (UCTT) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing.
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Learn about it all below: Today's Portfolio Highlights: Zacks Counterstrike: The portfolio has already pulled double-digit profits out of Applied Optoelectronics (AAOI) twice in recent weeks, and today Jeremy decided to close out the position as it nears the $70 price target. Momentum Trader, Black Box Trader and Insider Trader also sold stocks for strong returns. The sold stocks were: • Weight Watchers (WTW, +15.9%) • KB Home (KBH, +8.5%) • Cigna Corp. (CI) • Pilgrim's Pride (PPC) The two new additions that replaced these names are: • The Carlyle Group (CG) • Platform Specialty (PAH) • Performance Food Group (PFGC) • Ultra Clean Holdings (UCTT) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing.
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Learn about it all below: Today's Portfolio Highlights: Zacks Counterstrike: The portfolio has already pulled double-digit profits out of Applied Optoelectronics (AAOI) twice in recent weeks, and today Jeremy decided to close out the position as it nears the $70 price target. The sold stocks were: • Weight Watchers (WTW, +15.9%) • KB Home (KBH, +8.5%) • Cigna Corp. (CI) • Pilgrim's Pride (PPC) The two new additions that replaced these names are: • The Carlyle Group (CG) • Platform Specialty (PAH) • Performance Food Group (PFGC) • Ultra Clean Holdings (UCTT) Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing. The stock is up approximately 13% for the portfolio, and the editor thought it was time to bank that return on such a volatile stock ahead of its June 5th report.
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Learn about it all below: Today's Portfolio Highlights: Zacks Counterstrike: The portfolio has already pulled double-digit profits out of Applied Optoelectronics (AAOI) twice in recent weeks, and today Jeremy decided to close out the position as it nears the $70 price target. Momentum Trader, Black Box Trader and Insider Trader also sold stocks for strong returns. There were seven buys among the editors as well.
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dc13466c-000c-4f47-872c-e7c3eccda26a
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10017.0
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2017-05-22 00:00:00 UTC
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Why Puma Biotechnology, Applied Optoelectronics, and Ferroglobe Jumped Today
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AAOI
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https://www.nasdaq.com/articles/why-puma-biotechnology-applied-optoelectronics-and-ferroglobe-jumped-today-2017-05-22
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nan
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nan
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Monday was a good start to the week for stocks, with major benchmarks climbing around half a percent on the day. Most market participants pointed to a lack of bad news over the weekend and anticipation about expected favorable economic data in the coming days as drivers of the generally positive attitude among investors.
But there are still plenty of factors that are preventing stocks overall from mounting stronger gains, including nervousness about geopolitical issues as well as weaker parts of the global economy. Nevertheless, some stocks posted strong gains, and Puma Biotechnology (NASDAQ: PBYI) , Applied Optoelectronics (NASDAQ: AAOI) , and Ferroglobe (NASDAQ: GSM) were among the best performers on the day. Below, we'll look more closely at these stocks to tell you why they did so well.
Puma leaps as investors hope for FDA approval
Shares of Puma Biotechnology soared 39% as investors anticipated that the biotech company will get approval of its neratinib breast cancer drug from the U.S. Food and Drug Administration. An FDA advisory committee is scheduled to meet later this week, and documents supporting that meeting were released today. In those documents, investors found fewer critical views of neratinib than some had expected, and that led those following the stock to conclude that the drug is likely to get a favorable review from the advisory panel. That by itself won't mean certain approval for neratinib, as the final decision from the FDA doesn't necessarily hinge on the advisory panel. Nevertheless, positive signs have investors excited about Puma, and there's potential for further gains if the FDA does indeed follow through with approval later this year.
Fiber-optic strength lifts Applied Optoelectronics
Applied Optoelectronics stock climbed 12% after the supplier of fiber-optic components got a favorable review from Wall Street analysts. Needham & Co. began its coverage of Applied Optoelectronics stock with a strong buy rating, arguing that the company has a lot of growth potential stemming from moves among enterprise data center users to upgrade their performance and incorporate faster transfer speeds. Needham set an $85-per-share price target on the stock, which still gives investors nearly 20% upside from current levels. If Applied Optoelectronics can turn the new upgrade cycle into accelerating growth, then investors could see even greater gains in the long run.
Ferroglobe gains ground
Finally, shares of Ferroglobe rose 9%. The producer of silicon metal and various related alloys released its first-quarter financial results, which included flat revenue compared to the fourth quarter of 2016 and a minimal net loss for the quarter. Shipment volumes were down from year-ago levels, but a rise in prices for manganese alloys was sufficient to keep total average selling prices relatively steady. Yet CEO Pedro Larrea was optimistic about the company's performance, noting that " significant margin improvement reflects solid demand across end markets and a continued improvement in the overall pricing environment." Even with the gains, Ferroglobe shares have lost half their value in the past two years, but investors are optimistic that the company can earn back some of those losses over time.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Nevertheless, some stocks posted strong gains, and Puma Biotechnology (NASDAQ: PBYI) , Applied Optoelectronics (NASDAQ: AAOI) , and Ferroglobe (NASDAQ: GSM) were among the best performers on the day. Most market participants pointed to a lack of bad news over the weekend and anticipation about expected favorable economic data in the coming days as drivers of the generally positive attitude among investors. In those documents, investors found fewer critical views of neratinib than some had expected, and that led those following the stock to conclude that the drug is likely to get a favorable review from the advisory panel.
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Nevertheless, some stocks posted strong gains, and Puma Biotechnology (NASDAQ: PBYI) , Applied Optoelectronics (NASDAQ: AAOI) , and Ferroglobe (NASDAQ: GSM) were among the best performers on the day. Puma leaps as investors hope for FDA approval Shares of Puma Biotechnology soared 39% as investors anticipated that the biotech company will get approval of its neratinib breast cancer drug from the U.S. Food and Drug Administration. Fiber-optic strength lifts Applied Optoelectronics Applied Optoelectronics stock climbed 12% after the supplier of fiber-optic components got a favorable review from Wall Street analysts.
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Nevertheless, some stocks posted strong gains, and Puma Biotechnology (NASDAQ: PBYI) , Applied Optoelectronics (NASDAQ: AAOI) , and Ferroglobe (NASDAQ: GSM) were among the best performers on the day. Puma leaps as investors hope for FDA approval Shares of Puma Biotechnology soared 39% as investors anticipated that the biotech company will get approval of its neratinib breast cancer drug from the U.S. Food and Drug Administration. Offer from The Motley Fool: The 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market.
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Nevertheless, some stocks posted strong gains, and Puma Biotechnology (NASDAQ: PBYI) , Applied Optoelectronics (NASDAQ: AAOI) , and Ferroglobe (NASDAQ: GSM) were among the best performers on the day. In those documents, investors found fewer critical views of neratinib than some had expected, and that led those following the stock to conclude that the drug is likely to get a favorable review from the advisory panel. The Motley Fool has no position in any of the stocks mentioned.
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89cd7be9-ab15-4608-be7c-798c0f6ff12c
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10018.0
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2017-05-22 00:00:00 UTC
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3 Underfollowed Stocks with Solid Potential
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AAOI
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https://www.nasdaq.com/articles/3-underfollowed-stocks-solid-potential-2017-05-22
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nan
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nan
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Buying a quality stock during a pullback can be extremely lucrative for an investor. But it can be all the more profitable if the market has overlooked the name. That's the idea behind our "Underfollowed Gems" premium screen.
On average, an S&P stock is covered by 14 analysts. So if a name is only being followed by a fraction of that number, it hasn't attracted the full attention of the market. But it will! And if that stock is a Zacks Rank #1 (Strong Buy) or #2 (Buy), it means the market is missing out on a company with rising earnings estimates. It won't miss out for long, and the share price will appreciate as more and more analysts realize what they've been missing.
Below, you'll find three Zacks Rank #1s that are underfollowed. The few analysts that are watching these companies have raised their earnings estimates after solid quarterly reports. When the market takes its next leg higher and analysts are less defensive, these stocks may be among the biggest beneficiaries. For the full list and the screen's parameters, make sure to click the link above.
CSX Corporation (CSX)
These are good days for railroads. A thriving and improving economy means more and more goods are crossing the country on the rails, which explains why this space has an enviable position in the top 14% of the Zacks Industry Rank with the 35th spot out of 256. The space is up by more than 11% this year…but CSX Corporation ( CSX ) has surged nearly 4X that much so far in 2017! This major provider of rail-based transportation has new management and its really paying off as shares have soared a little more than 40% year-to-date. Now just think what this company can do if Washington gets its act together and passes some pro-growth measures, such as infrastructure spending.
The company's first quarter report last month continued an impressive streak of earnings beats that stretches back to a rare miss in February of 2014. That comes to 13 straight positive surprises. Earnings per share of 51 cents topped the Zacks Consensus Estimate by 18.6% and improved from last year by 37.8%. Over the past four quarters, CSX has put together an average surprise of a little more than 8%. Revenue improved 10% to $2.9 billion, which was also ahead of our expectations at $2.7 billion. The company enjoyed volume growth across most markets, but one of the more encouraging trends was the 31% improvement in coal revenue. Coal accounts for over 15% of revenues for railroads in this country, and President Trump is a much bigger fan of the energy source than was his predecessor.
Now with 12 estimates making up the Zacks Consensus Estimate for this year and next, CSX barely fits the parameters of this screen. However, for a railroad company of its size, you'd think it would be better followed. Just like its share price, earnings estimates for CSX have been moving higher all year. The Zacks Consensus Estimate for this year is $2.29, which is up 8% in the past 30 days as 10 of 12 covering analysts revised higher. It's also up 13.4% over three months. The Zacks Consensus Estimate for next year is currently expected to improve more than 19% from 2017 to $2.73. The estimate has advanced 11% in the past month and 21.3% in three months. No analysts have downgraded their expectations for either period.
CSX Corporation Price, Consensus and EPS Surprise
CSX Corporation Price, Consensus and EPS Surprise | CSX Corporation Quote
Western Digital (WDC)
It's been a great four quarters for data storage company Western Digital ( WDC ) , which is enjoying "a healthy market environment with good demand for all NAND based products, as well as for capacity enterprise and client hard drives". So how good is the industry? Computer - storage devices is in the top 6% of the Zacks Industry Rank with the 16th spot out of 256…and WDC is making the most of this position. The company has amassed an average surprise of 13.5% over the past four quarters and has advanced 27.5% year to date, which is better than its highly-ranked industry at 15.7%.
Not only did WDC beat the Zacks Consensus Estimates for earnings and revenue in its fiscal third quarter report late last month, but it's impressive year-over-year growth shows just what kind of a run this company is on. WDC earned $2.07 per share in the quarter, which topped the Zacks Consensus Estimate of $1.85 by 11.9% and soared from last year by 71%. Revenue was just as noteworthy at $4.65 billion, or 65% better than last year and ahead of our expectations at $4.54 billion. Strong demand for hard drives as well as NAND-based products from all categories of customers led to these results.
The Zacks Consensus Estimate for this year (ending next month) is composed of only four estimates and next year (ending June 2018) has only two, so the market doesn't seem to be fully aware yet of this company's comeback. Right now, we are expecting $7.69 for this fiscal year, marking a 9.4% advance from 30 days ago. Next fiscal year, which begins in July, is shaping up to be even more remarkable as it continues to benefit from the shift to non-PC applications, digital data growth and growing exposure to smaller business spaces. The Zacks Consensus Estimate of $10.58 increased 34.4% from a month ago and suggests a year-over-year increase of 37.6%.
Western Digital Corporation Price, Consensus and EPS Surprise
Western Digital Corporation Price, Consensus and EPS Surprise | Western Digital Corporation Quote
Applied Optoelectronics (AAOI)
Entering today's session, shares of Applied Optoelectronics ( AAOI ) are up 171% so far in 2017. But this fiber-optic device maker isn't taking a break. The stock was up more than 11% as of this writing (May 22) after receiving a "Strong Buy" rating from a brokerage. Well, we've had AAOI at a Zacks Rank #1 for a while now, and it looks like rest of the market may just be starting to catch up. That makes AAOI a perfect example for this screen. Presently, there are only 4 estimates accounting for this year's Zacks Consensus Estimate, and only half that much for next year. You can bet that will change in the near future as this company continues its impressive momentum.
Earlier this month, AAOI reported the highest earnings and revenue in its history during the first quarter. Earnings per share of $1.02 beat the Zacks Consensus Estimate by nearly 7.4%, while total revenue of $96.2 million nearly doubled year over year (+91%). Much of this success can be attributed to its Internet data centers end market. AAOI has beaten the Zacks Consensus Estimate for five straight quarters now, which corresponds with that sharp upward trajectory of late that you can see in its graph below. For the current quarter (Q2), it expects revenue to hit a new record of between $106 million and $112 million with earnings per share of $1.09 to $1.19.
Earnings estimates have been as dramatic as its share price. The Zacks Consensus Estimate for this year is at $4.32, or 14.9% better than a month ago. Next year's estimate is currently 16% higher at $5.01, which has advanced 23.7% in 30 days. Over the past three months, the Zacks Consensus Estimates have taken off by 142.7% for 2017 and 211% for 2018.
Applied Optoelectronics, Inc. Price, Consensus and EPS Surprise
Applied Optoelectronics, Inc. Price, Consensus and EPS Surprise | Applied Optoelectronics, Inc. Quote
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth.
Download this IPO Watch List today for free >>
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
Western Digital Corporation (WDC): Free Stock Analysis Report
CSX Corporation (CSX): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Western Digital Corporation Price, Consensus and EPS Surprise Western Digital Corporation Price, Consensus and EPS Surprise | Western Digital Corporation Quote Applied Optoelectronics (AAOI) Entering today's session, shares of Applied Optoelectronics ( AAOI ) are up 171% so far in 2017. Well, we've had AAOI at a Zacks Rank #1 for a while now, and it looks like rest of the market may just be starting to catch up. That makes AAOI a perfect example for this screen.
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Western Digital Corporation Price, Consensus and EPS Surprise Western Digital Corporation Price, Consensus and EPS Surprise | Western Digital Corporation Quote Applied Optoelectronics (AAOI) Entering today's session, shares of Applied Optoelectronics ( AAOI ) are up 171% so far in 2017. Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis Report CSX Corporation (CSX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Well, we've had AAOI at a Zacks Rank #1 for a while now, and it looks like rest of the market may just be starting to catch up.
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Western Digital Corporation Price, Consensus and EPS Surprise Western Digital Corporation Price, Consensus and EPS Surprise | Western Digital Corporation Quote Applied Optoelectronics (AAOI) Entering today's session, shares of Applied Optoelectronics ( AAOI ) are up 171% so far in 2017. Well, we've had AAOI at a Zacks Rank #1 for a while now, and it looks like rest of the market may just be starting to catch up. That makes AAOI a perfect example for this screen.
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Western Digital Corporation Price, Consensus and EPS Surprise Western Digital Corporation Price, Consensus and EPS Surprise | Western Digital Corporation Quote Applied Optoelectronics (AAOI) Entering today's session, shares of Applied Optoelectronics ( AAOI ) are up 171% so far in 2017. Well, we've had AAOI at a Zacks Rank #1 for a while now, and it looks like rest of the market may just be starting to catch up. That makes AAOI a perfect example for this screen.
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ba2ce253-053b-41cd-95bf-e4f0986fab96
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10019.0
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2017-05-22 00:00:00 UTC
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Technology Sector Update for 05/22/2017: AAOI,ADPT,NTNX,NTWK
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AAOI
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https://www.nasdaq.com/articles/technology-sector-update-05222017-aaoiadptntnxntwk-2017-05-22
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nan
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nan
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Top Tech Stocks
MSFT +0.88%
AAPL +0.044%
IBM +0.33%
CSCO +1.94%
GOOG 0.55%
Technology stocks were leading most sectors higher this afternoon, with shares of tech companies in the S&P 500 posting a nearly 0.7% increase.
In company news, Applied Optoelectronics ( AAOI ) climbed to a new record high on Monday, rising almost 12% to top out today at a best-ever $71.10 a share, after analysts at Needham & Co today began covering the fiber-optic networking equipment-maker with a Strong Buy rating and an $85 price target.
The move follows Applied Opto earlier this month a non-GAAP Q1 profit of $1.10 per share, reversing a year-ago net loss of $0.04 per share, as revenue grew 91% over the same quarter last year to $96.2 million. The company's stock also was selected last month to replace Adeptus Health (ADPT) in the S&P SmallCap 600 index after Adeptus filed for Chapter 11 bankruptcy protection on April 21.
In other sector news,
(+) NTNX, (+9.1%) Goldman Sachs upgrade to Buy from Neutral.
(-) NTWK, (-12.8%) Lowers FY17 revenue to a new range of $66 mln to $67 mln, down from prior guidance expecting between $73 mln to $75 mln. Also lowers projected non-GAAP EBITDA by $4 mln to new forecast looking for $5 mln to $6 mln. Q1 EPS, revenue top analyst estimates.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In company news, Applied Optoelectronics ( AAOI ) climbed to a new record high on Monday, rising almost 12% to top out today at a best-ever $71.10 a share, after analysts at Needham & Co today began covering the fiber-optic networking equipment-maker with a Strong Buy rating and an $85 price target. Technology stocks were leading most sectors higher this afternoon, with shares of tech companies in the S&P 500 posting a nearly 0.7% increase. In other sector news, (+) NTNX, (+9.1%) Goldman Sachs upgrade to Buy from Neutral.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In company news, Applied Optoelectronics ( AAOI ) climbed to a new record high on Monday, rising almost 12% to top out today at a best-ever $71.10 a share, after analysts at Needham & Co today began covering the fiber-optic networking equipment-maker with a Strong Buy rating and an $85 price target. Top Tech Stocks
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In company news, Applied Optoelectronics ( AAOI ) climbed to a new record high on Monday, rising almost 12% to top out today at a best-ever $71.10 a share, after analysts at Needham & Co today began covering the fiber-optic networking equipment-maker with a Strong Buy rating and an $85 price target. The move follows Applied Opto earlier this month a non-GAAP Q1 profit of $1.10 per share, reversing a year-ago net loss of $0.04 per share, as revenue grew 91% over the same quarter last year to $96.2 million. (-) NTWK, (-12.8%) Lowers FY17 revenue to a new range of $66 mln to $67 mln, down from prior guidance expecting between $73 mln to $75 mln.
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In company news, Applied Optoelectronics ( AAOI ) climbed to a new record high on Monday, rising almost 12% to top out today at a best-ever $71.10 a share, after analysts at Needham & Co today began covering the fiber-optic networking equipment-maker with a Strong Buy rating and an $85 price target. Top Tech Stocks The move follows Applied Opto earlier this month a non-GAAP Q1 profit of $1.10 per share, reversing a year-ago net loss of $0.04 per share, as revenue grew 91% over the same quarter last year to $96.2 million.
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c9a30d18-85c6-445d-9f7f-7292623fad9c
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10020.0
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2017-05-19 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for May 19th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-may-19th-2017-05-19
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nan
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nan
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 19 th :
Big 5 Sporting Goods Corp. (BGFV) : This sporting goods retailer has witnessed the Zacks Consensus Estimate for its current year earnings surging 5% over the last 60 days.
Big 5 Sporting Goods Corporation Price and Consensus
Big 5 Sporting Goods Corporation Price and Consensus | Big 5 Sporting Goods Corporation Quote
Big 5 Sporting Goods' shares rose about 57.9% over the last one year period. The company possesses a Momentum Score of A.
Big 5 Sporting Goods Corporation Price
Big 5 Sporting Goods Corporation Price | Big 5 Sporting Goods Corporation Quote
CBOE Holdings, Inc . (CBOE) : The options exchange operator has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.
CBOE Holdings, Inc. Price and Consensus
CBOE Holdings, Inc. Price and Consensus | CBOE Holdings, Inc. Quote
CBOE Holdings' shares gained 4.4% over the last three months. The company possesses a Momentum Score of A.
CBOE Holdings, Inc. Price
CBOE Holdings, Inc. Price | CBOE Holdings, Inc. Quote
CAI International, Inc. (CAI) : This transportation finance and logistics company has seen the Zacks Consensus Estimate for its current year earnings advancing 26.6% over the last 60 days.
CAI International, Inc. Price and Consensus
CAI International, Inc. Price and Consensus | CAI International, Inc. Quote
CAI International's shares gained 3.2% over the last three months. The company possesses a Momentum Score of A.
CAI International, Inc. Price
CAI International, Inc. Price | CAI International, Inc. Quote
Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained 75.2% in the last three months. The company possesses a Momentum Score of B.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
5 Trades Could Profit ""Big-League"" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>
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
CBOE Holdings, Inc. (CBOE): Free Stock Analysis Report
CAI International, Inc. (CAI): Free Stock Analysis Report
Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company possesses a Momentum Score of A. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report CBOE Holdings, Inc. (CBOE): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 19 th : Big 5 Sporting Goods Corp. (BGFV) : This sporting goods retailer has witnessed the Zacks Consensus Estimate for its current year earnings surging 5% over the last 60 days.
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Click to get this free report CBOE Holdings, Inc. (CBOE): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of A. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Big 5 Sporting Goods Corporation Price and Consensus Big 5 Sporting Goods Corporation Price and Consensus | Big 5 Sporting Goods Corporation Quote Big 5 Sporting Goods' shares rose about 57.9% over the last one year period.
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Click to get this free report CBOE Holdings, Inc. (CBOE): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of A. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Big 5 Sporting Goods Corporation Price and Consensus Big 5 Sporting Goods Corporation Price and Consensus | Big 5 Sporting Goods Corporation Quote Big 5 Sporting Goods' shares rose about 57.9% over the last one year period.
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The company possesses a Momentum Score of A. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report CBOE Holdings, Inc. (CBOE): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Big 5 Sporting Goods Corporation (BGFV): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of A. CBOE Holdings, Inc. Price CBOE Holdings, Inc. Price | CBOE Holdings, Inc. Quote CAI International, Inc. (CAI) : This transportation finance and logistics company has seen the Zacks Consensus Estimate for its current year earnings advancing 26.6% over the last 60 days.
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610202e5-4dc1-4049-b88b-51656950db27
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10021.0
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2017-05-19 00:00:00 UTC
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Zacks.com featured highlights: Triton International, Dana, Applied Optoelectronics and Walker & Dunlop
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AAOI
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-triton-international-dana-applied-optoelectronics-and
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For Immediate Release
Chicago, IL - May 19, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Dana Incorporated (NYSE: DAN - Free Report ), Applied Optoelectronics (NASDAQ: AAOI - Free Report ) and Walker & Dunlop, Inc. (NYSE: WD - Free Report ).
Screen of the Week of Zacks Investment Research:
Beat the Market with These Hot Momentum Stocks
It has been two decades since academics zeroed in on what we today call the "momentum effect" in stock markets. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction instead of moving against the drift. Unlike the hugely-followed Value or Growth styles, this strategy has barely anything to do with the fundamentals of a company, and instead works with the human penchant to extrapolate current trends into the future.
At the core, momentum investing calls for investors to "Buy High, Sell Higher."
Why Does Momentum Strategy Work?
There is a simple reason behind this. It works because we are humans!
There's a whole laundry list of behavioral biases that most investors exhibit, and these emotional responses and mistakes are the very reason that momentum strategy works. For instance, we all know of investors who are afraid to book losses, and hence hold onto losing stocks for too long, hoping that they will springback to their original prices. On the other hand, investors sell their winners way too early.
Furthermore, investors initially tend to under-react to news, events or data releases. However, once things become clear, they tend to go with the flow and overreact, causing dramatic price reactions.
These behavioral problems extend trends and thus open up huge opportunities for momentum players. So basically, it's a way to profit from the general human tendency to extrapolate current trends into the future.
Momentum investing is based on that gap in time that exists before the mean reversion occurs, i.e. before prices become rational again.
Momentum versus Other Styles
It is worth reflecting over how the momentum strategy compares to other styles of investing over time. Recent research indicates that the size premium for small-cap stocks has shrunk dramatically since the 1980s and value premium has also declined radically since the 1990s. Academics are of the opinion that once research on factor premiums (like size and value) becomes known to public, the investment world catches on and the premium gradually erodes.
However, unlike other investment styles, momentum premium has stood the test of time, remaining remarkably robust ever since it was identified by financial academics in the 1990s.
Chase the Alpha
Momentum strategies have been known to be alpha-generative over long periods of time and across markets. So obviously, this strategy is quite tricky to implement, as detecting these trends is no child's play.
Here, we have created a strategy that will help investors get in on these fast movers and make handsome gains. Our screen will help you take advantage of both long-term price momentum and a short-term pullback in price, which would reflect some profit-taking in the stock.
Screening Parameters
Percentage Change Price (52 Weeks) = Top #50: This item selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get stocks that have appreciated the maximum over the past one year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period.
Zacks Rank #1: No matter whether the market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance.You can see the complete list of today's Zacks #1 Rank stocks here.
Momentum Style Score of B or better: A top Momentum Style Score knocks out a lot of the screening process as it takes into account several factors including volume change and performance relative to its peers. It indicates when the timing is the best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Style Score of 'A' or 'B,' when combined with a Zacks Rank #1 or #2 (Buy) handily outperform other stocks.
Current Price greater than 5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure strong liquidity.
Average 20-Day Volume greater than 100,000: A substantial trading volume shows that these stocks are easily tradable.
Here are four of the eight stocks that made it through this screen:
Triton International Limited (NYSE: TRTN - Free Report ), which offers acquisition, leasing, re-leasing, and sale of intermodal containers, soared nearly 81% in the past one year and carries a Momentum Style Score of 'A.'
Dana Incorporated (NYSE: DAN - Free Report ) manufactures and sells driveline, sealing, and thermal-management products for vehicle manufacturers in North America, Europe, South America, and the Asia Pacific. Its shares went up nearly 66% in the past one year. The company has a Momentum Style Score of 'A.'
Applied Optoelectronics (NASDAQ: AAOI - Free Report ) designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets. The stock appreciated a whopping 555% in the past one year and has a Momentum Style Score of 'B.'
Walker & Dunlop, Inc. (NYSE: WD - Free Report ) originates, sells, and services a range of multifamily and other commercial real estate financing products for owners and developers of real estate in the U.S. The stock rallied over 95.4% in the past one year and has a Momentum Style Score of 'A.'
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on TRTN - FREE
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Contact: Jim Giaquinto
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
Triton International Limited (TRTN): Free Stock Analysis Report
Dana Incorporated (DAN): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Walker & Dunlop, Inc. (WD): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - May 19, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Dana Incorporated (NYSE: DAN - Free Report ), Applied Optoelectronics (NASDAQ: AAOI - Free Report ) and Walker & Dunlop, Inc. (NYSE: WD - Free Report ). Applied Optoelectronics (NASDAQ: AAOI - Free Report ) designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets. Get the full Report on TRTN - FREE Get the full Report on DAN - FREE Get the full Report on AAOI - FREE Get the full Report on WD - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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For Immediate Release Chicago, IL - May 19, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Dana Incorporated (NYSE: DAN - Free Report ), Applied Optoelectronics (NASDAQ: AAOI - Free Report ) and Walker & Dunlop, Inc. (NYSE: WD - Free Report ). Get the full Report on TRTN - FREE Get the full Report on DAN - FREE Get the full Report on AAOI - FREE Get the full Report on WD - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Dana Incorporated (DAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Walker & Dunlop, Inc. (WD): Free Stock Analysis Report To read this article on Zacks.com click here.
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Get the full Report on TRTN - FREE Get the full Report on DAN - FREE Get the full Report on AAOI - FREE Get the full Report on WD - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Dana Incorporated (DAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Walker & Dunlop, Inc. (WD): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - May 19, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Dana Incorporated (NYSE: DAN - Free Report ), Applied Optoelectronics (NASDAQ: AAOI - Free Report ) and Walker & Dunlop, Inc. (NYSE: WD - Free Report ).
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For Immediate Release Chicago, IL - May 19, 2017 - Stocks in this week's article include Triton International Limited (NYSE: TRTN - Free Report ), Dana Incorporated (NYSE: DAN - Free Report ), Applied Optoelectronics (NASDAQ: AAOI - Free Report ) and Walker & Dunlop, Inc. (NYSE: WD - Free Report ). Applied Optoelectronics (NASDAQ: AAOI - Free Report ) designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets. Get the full Report on TRTN - FREE Get the full Report on DAN - FREE Get the full Report on AAOI - FREE Get the full Report on WD - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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2017-05-18 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Applied Optoelectronics, MKS Instruments, Ultra Clean Holdings, Ichor Holdings and LightPath Technologies
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AAOI
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-applied-optoelectronics-mks-instruments-ultra-clean
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nan
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nan
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For Immediate Release
Chicago, IL - May 18, 2017 - 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 Applied Optoelectronics, Inc. (NASDAQ: AAOI- Free Report ), MKS Instruments, Inc. (NASDAQ: MKSI- Free Report ), Ultra Clean Holdings, Inc. (NASDAQ: UCTT- Free Report ), Ichor Holdings, Ltd. (NASDAQ: ICHR- Free Report ) and LightPath Technologies, Inc. (NASDAQ: LPTH- Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Wednesday's Analyst Blog:
'Long Nasdaq' Greater Than 'Bullish Dollar'
As per the Bank of America Merrill Lynch's world fund manager's survey for May, the "long Nasdaq" is the most popular trade, replacing the long U.S. dollar trade that had dominated the market for the last five months. The tech-laden Nasdaq continues to touch record highs this year, on potential tax reforms and impressive first-quarter earnings.
While investors are piling into tech stocks, the U.S. dollar took a beating after President Trump shared classified information with Russia. Trump, looking forward to push dollar down to aid exporters, also saw fund managers slashing longs of the greenback. On the contrary, they doubled their long position in the tech stocks.
Banking on these bullish sentiments, investing in sound tech stocks listed on the Nasdaq will be prudent.
Nasdaq Hits Record High, Tech Gains
The Nasdaq Composite Index scaled a record high for the second time in a row this Tuesday. The tech-heavy benchmark surged 33% to close at 6,169.87, slightly lower than the intraday high of 6,170.16. It has gained 14.24% so far this year, after nabbing its 32nd record close on May 15. Nasdaq's year-to-date gain comfortably surpassed the 6.2% gain for Dow Jones and 7.3% rise for the S&P 500.
The bulk of Nasdaq's rise in 2017 is backed by the five tech-behemoths - Apple, Netflix, Alphabet, Facebook and Amazon.com. These companies have gained considerably since their initial public offering 20 years back.
Investors' optimism over Nasdaq's gain is increasing, thus making it the most crowded trading hub right now. Gains among tech stocks are boosting the benchmark index. Trump's intentions to lower the U.S. tax code will help tech stocks return cash held overseas to the U.S. Tech stocks have stashed around $2.4 trillion in overseas market. Such cash could be used to spur capital investment and create more jobs in the country. Further, it might be used for share buybacks, paying dividends and pay down debts.
Also, impressive performance of the technology stocks in the first-quarter 2017 earnings season is currently supporting Nasdaq's upward trajectory. Our latest Earnings Preview report reveals that around 48 technology stocks, belonging to the S&P 500 group, have reported earnings till May 12, accounting for 88.2% of the sector's total market capitalization, with 77.1% topping EPS (earnings per share) estimates and 79.2% coming in ahead of top-line expectations.
In fact, we project earnings of all the technology stocks in the S&P 500 Index to witness 16.2% year-over-year growth, while revenues are likely to be up 6.1%.
Dollar Trade Fizzles
Bank of America, on the other hand, noted that the Dollar index slipped to a six-month low this Tuesday, majorly due to the concerns regarding Donald Trump's interaction with U.S. ambassador and Russia's foreign minister.
Investors deem that the U.S. President might have shared classified intelligence with Russia and fear the same to be an aggressive legislative agenda. Notably, the disappointing U.S. economic data is also augmenting the Dollar selling pressure these days.
5 Best Tech Picks for Your Portfolio
With the Nasdaq gaining traction, thanks to rise in demand for tech stocks, investing in the same will be judicious. We have, thus, zeroed in on five hot tech stocks below, with the help of our Zacks Stock Screener .
These stocks not only carry a Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy), but also are poised for significant growth in the near term. You can see the complete list of today's Zacks #1 Rank stocks here . Notably, these picks flaunt a VGM score of 'A' or 'B'. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners.
Applied Optoelectronics, Inc. (NASDAQ: AAOI- Free Report ) manufactures, designs and sells premium fiber-optic networking products. This Zacks Rank #1 stock currently carries a VGM score 'B.' The projected earnings growth rate of the stock for this year is 269.40%, higher than the Electronics - Semiconductors industry's projected growth rate of 10.50%.
MKS Instruments, Inc. (NASDAQ: MKSI- Free Report ) provides subsystems, instruments and process control solutions in the global forum. This Zacks Rank #1 stock currently carries a VGM score 'B.' The projected earnings growth rate of the stock for 2017 is 63.80%, higher than the Electronics - Manufacturing Machinery industry's projected growth rate of 23.70%.
Ultra Clean Holdings, Inc. (NASDAQ: UCTT- Free Report ) creates, engineers, designs various types of tests production tools, subsystems and modules for the semiconductor equipment and capital equipment industry. This Zacks Rank #1 stock currently carries a VGM score 'B.' The projected earnings growth rate of the stock for 2017 is 159.00%, higher than the Electronics - Manufacturing Machinery industry's projected growth rate of 23.70%.
Ichor Holdings, Ltd. (NASDAQ: ICHR- Free Report ) engineers, manufactures and designs fluid delivery subsystems. This Zacks Rank #1 stock currently carries a VGM score 'A.' The projected earnings growth rate of the stock for 2017 is 76.70%, higher than the Electronics - Semiconductors industry's projected growth rate of 10.50%.
LightPath Technologies, Inc. (NASDAQ: LPTH- Free Report ) is a premium manufacturer and designer of optical components and assemblies. This Zacks Rank #2 stock currently carries a VGM score 'A'. The projected earnings growth rate of the stock for fiscal 2017 is 72.20%, higher than the Electronics - Miscellaneous Components industry's projected growth rate of 20.20%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think. See This Ticker Free >>
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 AAOI - FREE
Get the full Report on MKSI - FREE
Get the full Report on UCTT - FREE
Get the full Report on ICHR - FREE
Get the full Report on LPTH - FREE
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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
support@zacks.com
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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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
MKS Instruments, Inc. (MKSI): Free Stock Analysis Report
Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report
Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report
LightPath Technologies, Inc. (LPTH): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks recently featured in the blog include Applied Optoelectronics, Inc. (NASDAQ: AAOI- Free Report ), MKS Instruments, Inc. (NASDAQ: MKSI- Free Report ), Ultra Clean Holdings, Inc. (NASDAQ: UCTT- Free Report ), Ichor Holdings, Ltd. (NASDAQ: ICHR- Free Report ) and LightPath Technologies, Inc. (NASDAQ: LPTH- Free Report ). Applied Optoelectronics, Inc. (NASDAQ: AAOI- Free Report ) manufactures, designs and sells premium fiber-optic networking products. Get the full Report on AAOI - FREE Get the full Report on MKSI - FREE Get the full Report on UCTT - FREE Get the full Report on ICHR - FREE Get the full Report on LPTH - 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.
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Stocks recently featured in the blog include Applied Optoelectronics, Inc. (NASDAQ: AAOI- Free Report ), MKS Instruments, Inc. (NASDAQ: MKSI- Free Report ), Ultra Clean Holdings, Inc. (NASDAQ: UCTT- Free Report ), Ichor Holdings, Ltd. (NASDAQ: ICHR- Free Report ) and LightPath Technologies, Inc. (NASDAQ: LPTH- Free Report ). Get the full Report on AAOI - FREE Get the full Report on MKSI - FREE Get the full Report on UCTT - FREE Get the full Report on ICHR - FREE Get the full Report on LPTH - 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. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report LightPath Technologies, Inc. (LPTH): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Applied Optoelectronics, Inc. (NASDAQ: AAOI- Free Report ), MKS Instruments, Inc. (NASDAQ: MKSI- Free Report ), Ultra Clean Holdings, Inc. (NASDAQ: UCTT- Free Report ), Ichor Holdings, Ltd. (NASDAQ: ICHR- Free Report ) and LightPath Technologies, Inc. (NASDAQ: LPTH- Free Report ). Get the full Report on AAOI - FREE Get the full Report on MKSI - FREE Get the full Report on UCTT - FREE Get the full Report on ICHR - FREE Get the full Report on LPTH - 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. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report LightPath Technologies, Inc. (LPTH): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Applied Optoelectronics, Inc. (NASDAQ: AAOI- Free Report ), MKS Instruments, Inc. (NASDAQ: MKSI- Free Report ), Ultra Clean Holdings, Inc. (NASDAQ: UCTT- Free Report ), Ichor Holdings, Ltd. (NASDAQ: ICHR- Free Report ) and LightPath Technologies, Inc. (NASDAQ: LPTH- Free Report ). Applied Optoelectronics, Inc. (NASDAQ: AAOI- Free Report ) manufactures, designs and sells premium fiber-optic networking products. Get the full Report on AAOI - FREE Get the full Report on MKSI - FREE Get the full Report on UCTT - FREE Get the full Report on ICHR - FREE Get the full Report on LPTH - 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.
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626a616d-321d-4bd4-8c89-e40022690517
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10023.0
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2017-05-18 00:00:00 UTC
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Beat the Market with These 4 Hot Momentum Stocks
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AAOI
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https://www.nasdaq.com/articles/beat-the-market-with-these-4-hot-momentum-stocks-2017-05-18
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nan
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nan
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It has been two decades since academics zeroed in on what we today call the "momentum effect" in stock markets. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction instead of moving against the drift. Unlike the hugely-followed Value or Growth styles, this strategy has barely anything to do with the fundamentals of a company, and instead works with the human penchant to extrapolate current trends into the future.
At the core, momentum investing calls for investors to "Buy High, Sell Higher."
Why Does Momentum Strategy Work?
There is a simple reason behind this. It works because we are humans!
There's a whole laundry list of behavioral biases that most investors exhibit, and these emotional responses and mistakes are the very reason that momentum strategy works. For instance, we all know of investors who are afraid to book losses, and hence hold onto losing stocks for too long, hoping that they will springback to their original prices. On the other hand, investors sell their winners way too early.
Furthermore, investors initially tend to under-react to news, events or data releases. However, once things become clear, they tend to go with the flow and overreact, causing dramatic price reactions.
These behavioral problems extend trends and thus open up huge opportunities for momentum players. So basically, it's a way to profit from the general human tendency to extrapolate current trends into the future.
Momentum investing is based on that gap in time that exists before the mean reversion occurs, i.e. before prices become rational again.
Momentum versus Other Styles
It is worth reflecting over how the momentum strategy compares to other styles of investing over time. Recent research indicates that the size premium for small-cap stocks has shrunk dramatically since the 1980s and value premium has also declined radically since the 1990s. Academics are of the opinion that once research on factor premiums (like size and value) becomes known to public, the investment world catches on and the premium gradually erodes.
However, unlike other investment styles, momentum premium has stood the test of time, remaining remarkably robust ever since it was identified by financial academics in the 1990s.
Chase the Alpha
Momentum strategies have been known to be alpha-generative over long periods of time and across markets. So obviously, this strategy is quite tricky to implement, as detecting these trends is no child's play.
Here, we have created a strategy that will help investors get in on these fast movers and make handsome gains. Our screen will help you take advantage of both long-term price momentum and a short-term pullback in price, which would reflect some profit-taking in the stock.
Screening Parameters
Percentage Change Price (52 Weeks) = Top #50: This item selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get stocks that have appreciated the maximum over the past one year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period.
Zacks Rank #1: No matter whether the market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance.You can see the complete list of today's Zacks #1 Rank stocks here.
MomentumStyle Scoreof B or better: A top Momentum Style Score knocks out a lot of the screening process as it takes into account several factors including volume change and performance relative to its peers. It indicates when the timing is the best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Style Score of 'A' or 'B,' when combined with a Zacks Rank #1 or #2 (Buy) handily outperform other stocks.
Current Price greater than 5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure strong liquidity.
Average 20-Day Volume greater than 100,000: A substantial trading volume shows that these stocks are easily tradable.
Here are four of the eight stocks that made it through this screen:
Triton International LimitedTRTN , which offers acquisition, leasing, re-leasing, and sale of intermodal containers, soared nearly 81% in the past one year and carries a Momentum Style Score of 'A'.
Dana IncorporatedDAN manufactures and sells driveline, sealing, and thermal-management products for vehicle manufacturers in North America, Europe, South America, and the Asia Pacific. Its shares went up nearly 66% in the past one year. The company has a Momentum Style Score of 'A'.
Applied OptoelectronicsAAOI designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets. The stock appreciated a whopping 555% in the past one year and has a Momentum Style Score of 'B'.
Walker & Dunlop, Inc.WD originates, sells, and services a range of multifamily and other commercial real estate financing products for owners and developers of real estate in the U.S. The stock rallied over 95.4% in the past one year and has a Momentum Style Score of 'A'.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
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
Triton International Limited (TRTN): Free Stock Analysis Report
Dana Incorporated (DAN): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Walker & Dunlop, Inc. (WD): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Applied OptoelectronicsAAOI designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Dana Incorporated (DAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Walker & Dunlop, Inc. (WD): Free Stock Analysis Report To read this article on Zacks.com click here. Unlike the hugely-followed Value or Growth styles, this strategy has barely anything to do with the fundamentals of a company, and instead works with the human penchant to extrapolate current trends into the future.
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Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Dana Incorporated (DAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Walker & Dunlop, Inc. (WD): Free Stock Analysis Report To read this article on Zacks.com click here. Applied OptoelectronicsAAOI designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
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Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Dana Incorporated (DAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Walker & Dunlop, Inc. (WD): Free Stock Analysis Report To read this article on Zacks.com click here. Applied OptoelectronicsAAOI designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing.
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Applied OptoelectronicsAAOI designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Dana Incorporated (DAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Walker & Dunlop, Inc. (WD): Free Stock Analysis Report To read this article on Zacks.com click here. Why Does Momentum Strategy Work?
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6a8bdc07-3470-483c-a63b-621b653e07fd
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10024.0
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2017-05-16 00:00:00 UTC
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Every Little Bit Counts to 2400
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AAOI
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https://www.nasdaq.com/articles/every-little-bit-counts-2400-2017-05-16
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nan
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nan
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This quarter's Zacks Top 10 Stocks update was just released. Learn how the portfolio performed and get new insights on each of the ten positions. And don't forget to take a look at the video!
After several attempts over the past few weeks, the S&P finally closed above 2400 on Monday. It wasn't an epic rally that broke through the doors of resistance after a solid earnings season. Instead, true to the market's form of late, it moved higher by only 0.48% in the session to finish above the mark by a little more than two points. It was a slow but steady climb higher.
Specifically, the S&P finished at a new record of 2402.3, while the NASDAQ made history again with an advance of 0.46% to 6149.7. The Dow was up as well, but its 0.41% increase didn't break new ground at 20,981.9. A big reason for today's move was oil, which advanced more than 2% to its highest level in nearly a month after an agreement between Saudi Arabia and Russia to keep production cuts in place until at least March 2018. Technology stocks also got a boost from this weekend's global cyber-attack.
The editors are now wondering how much further the market can go while we wait for Washington to act on tax reform. Jeremy stated in Zacks Counterstrike that 2430 is not out of the question, while Steve mentioned 2450 (or maybe even a little more) in Reitmeister Trading Alert . And in Momentum Trader , Dave suggests two ways to determine which way the next leg goes.
You can get started on the MT commentary in the highlights section below. While you're there, check out new additions to TAZR , Insider Trader and Black Box Trader .
Today's Portfolio Highlights:
TAZR Trader: The awesome earnings story of Applied Optoelectronics (AAOI) was largely missed by the market…but not by our editors! Today, Kevin joined Value Investor and Zacks Counterstrike in picking up this $1.25 billion advanced optical devices company. AAOI is expected to grow earnings by 269% this year. And with some of the biggest names in data centers as customers, the editor is feeling pretty good about subsequent years as well. He started a position today with a 7% allocation and would buy more under $60.
The portfolio also doubled its allocation in Lam Research (LRCX), as chip equipment makers continue to be "en fuego". The technical setup is telling Kevin that LRCX is "waiting to go higher", so he wasted no time in bringing this position's allocation up to 8%. Read the full write-up for more on these Zacks Rank #1 tech "beasts".
Insider Trader: Only ONE insider has bought shares of Hawaiian Holdings (HA) of late, which is usually not enough for Tracey to pull the trigger. But the editor made an exception, since the last time this director bought shares was at the very bottom of the Great Recession. It was a gutsy move when HA was only at $3.56, but it paid off. Now he's buying at more than $53. Why? Tracey thinks that he sees big upside on the way again, which is underscored by HA's solid start to the year. Tracey added HA on Monday with a 10% allocation. Learn a lot more about this new addition in the full write-up, and be ready for another buy this week.
Zacks Confidential: Few spaces provide as much explosive upside potential as healthcare. It's no wonder our brand new Healthcare Innovators portfolio was one of our most successful product launches in years. In this week's Zacks Confidential , Steve has asked the portfolio's editor Kevin Cook to show you how to find the best, most profitable healthcare areas. Read his detailed article and get four recommendations by clicking: 4 Healthcare Megatrends for Investors.
Black Box Trader: The portfolio only swapped out two positions this week. The stocks sold from the service were:
• Fiat Chrysler (FCAU) and
• Live Nation Entertainment (LYV)
The two new additions that replaced these names are:
• Aramark Holdings (ARMK)
• Cigna Corp (CI)
Read the Black Box Trader's Guide to learn more about this computer-driven service designed to take the emotion out of investing.
Momentum Trader:"Well look at you Spooz, at all-time highs. It shouldn't come as too much of a surprise that the S&P 500 finally made its way back to all-time highs. It's been flirting with 2,400s for the last few weeks. Today's close wasn't exactly a runaway breakout from the 2,400 level but it's a start.
"The question I have is, how far can we run? We're still in a period of historically suppressed volatility. Going back to April 25th the S&P hasn't moved more than 25 handles. I don't mean not 25 handles in a day, I mean 25 handles during that entire period. Very little movement as is reflected in the historically low values of the VIX." -- Dave Bartosiak
Remember to take a look at the new Zacks Top 10 Stocks Update
All the Best,
Jim Giaquinto
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Today's Portfolio Highlights: TAZR Trader: The awesome earnings story of Applied Optoelectronics (AAOI) was largely missed by the market…but not by our editors! AAOI is expected to grow earnings by 269% this year. A big reason for today's move was oil, which advanced more than 2% to its highest level in nearly a month after an agreement between Saudi Arabia and Russia to keep production cuts in place until at least March 2018.
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Today's Portfolio Highlights: TAZR Trader: The awesome earnings story of Applied Optoelectronics (AAOI) was largely missed by the market…but not by our editors! AAOI is expected to grow earnings by 269% this year. While you're there, check out new additions to TAZR , Insider Trader and Black Box Trader .
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Today's Portfolio Highlights: TAZR Trader: The awesome earnings story of Applied Optoelectronics (AAOI) was largely missed by the market…but not by our editors! AAOI is expected to grow earnings by 269% this year. In this week's Zacks Confidential , Steve has asked the portfolio's editor Kevin Cook to show you how to find the best, most profitable healthcare areas.
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Today's Portfolio Highlights: TAZR Trader: The awesome earnings story of Applied Optoelectronics (AAOI) was largely missed by the market…but not by our editors! AAOI is expected to grow earnings by 269% this year. He started a position today with a 7% allocation and would buy more under $60.
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54a9cca6-2849-4c1d-8170-e96ba1a15101
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10025.0
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2017-05-15 00:00:00 UTC
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Zacks.com featured highlights: Applied Optoelectronics, Arista Networks, Ulta Beauty, Western New England Bancorp and CU Bancorp
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AAOI
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-applied-optoelectronics-arista-networks-ulta-beauty-western
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nan
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nan
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For Immediate Release
Chicago, IL - May 15, 2017 - Stocks in this week's article include Applied Optoelectronics Inc (NASDAQ: AAOI - Free Report ), Arista Networks Inc (NYSE: ANET - Free Report ), Ulta Beauty Inc (NASDAQ: ULTA - Free Report ), Western New England Bancorp Inc (NASDAQ: WNEB - Free Report ) and CU Bancorp (NASDAQ: CUNB - Free Report ).
Screen of the Week of Zacks Investment Research:
Buy These 5 Top-Ranked Stocks with Superb Earnings Growth
The highest priority among the top brass in any organization is to secure earnings growth on a year-over-year basis. And why is this so? It's because earnings growth indicates the affluence of a company. Take a company's revenues over a given period of time, subtract the cost of production and you will have its earnings!
This metric is also considered the most significant variable in influencing the share price. Better-than-expected earnings performances normally lead to a rally in the share price. However, in addition to actual earnings, expectations of earnings play a vital role in determining share price movement.
Earnings Estimates Determine Share Prices
We have often seen a decline in the stock price despite earnings growth and a rally in the price following an earnings decline. This happens because of the missing or beating of estimates.
Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins and cost control. Thus, earnings estimates serve as a valuable tool while taking investment decisions. Earnings estimates also help analysts assess the cash flow to determine the fair value of a firm.
Hence, it is important for investors to buy stocks that have historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates.
The Winning Strategy
In order to shortlist stocks that have striking earnings growth and positive estimate revisions, we added the following parameters:
Zacks Rank less than or equal to 2 (Only Zacks' 'Buys' and 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.)
5-Year Historical EPS Growth (%) greater than X-Industry (Stocks that possess strong EPS growth history.)
% Change EPS F(0)/F(-1) greater than or equal to 5 (Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal.)
% Change Q1 Estimates over the last 4 weeks greater than zero (Stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks.)
% Change F1 Estimates over the last 1 week greater than zero (Stocks that have seen their annual earnings estimates revised higher in the last 1 week.)
% Change F1 Estimates over the last 4 weeks greater than zero (Stocks that have seen their annual earnings estimates revised higher in the last 4 weeks.)
The above criteria narrowed down the universe of around 7,818 stocks to only 15. Here are the top five stocks:
Applied Optoelectronics Inc (NASDAQ: AAOI - Free Report ) is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom). The company sports a Zacks Rank #1 (Strong Buy).
The Zacks Consensus Estimate for its current year earnings soared 37.6% over the last 60 days. The company's estimated earnings growth rate for this year is 269.4%, more than the Electronics - Semiconductors industry's expected gain of 5.9%.
Arista Networks Inc (NYSE: ANET - Free Report ) is a supplier of cloud networking solutions that use software innovations to address the needs of Internet companies, cloud service providers and data centers for enterprise support. The company has a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
The Zacks Consensus Estimate for its current year earnings increased 4.8% over the last 60 days. The company's estimated earnings growth rate for this year is 18.7%, higher than the Communication - Components industry's expected gain of 11.8%.
Ulta Beauty Inc (NASDAQ: ULTA - Free Report ) is a holding company for the Ulta Beauty group of companies. The company is a beauty retailer and has a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for its current year earnings improved 0.2% over the last 60 days. The company's estimated earnings growth rate for this year is 23.2%, higher than the Retail - Miscellaneous industry's expected gain of 14%.
Western New England Bancorp Inc (NASDAQ: WNEB - Free Report ) is a provider of banking products and services to business organizations and individuals, including products such as residential and commercial loans, consumer loans and a variety of deposit products. Western New England Bancorp has a Zacks Rank #2.
The Zacks Consensus Estimate for its current year earnings rose 11.8% over the last 60 days. The company's estimated earnings growth rate for this year is 40.2%, more than the Banks - Foreign industry's expected gain of 6%.
CU Bancorp (NASDAQ: CUNB - Free Report ) is a full-service commercial bank offering a range of banking products and services designed for small and medium-sized businesses, non-profit organizations, business owners and entrepreneurs, and the professional community. The company has a Zacks Rank #2.
The Zacks Consensus Estimate for its current year earnings increased 1.7% over the last 60 days. The company's estimated earnings growth rate for this year is 18.7%, higher than the Banks - West industry's expected gain of 13.4%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on AAOI - FREE
Get the full Report on ANET - FREE
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Follow us on Twitter: https://twitter.com/zacksresearch
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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.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/performance
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Arista Networks, Inc. (ANET): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
Western New England Bancorp (WNEB): Free Stock Analysis Report
CU Bancorp (CA) (CUNB): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - May 15, 2017 - Stocks in this week's article include Applied Optoelectronics Inc (NASDAQ: AAOI - Free Report ), Arista Networks Inc (NYSE: ANET - Free Report ), Ulta Beauty Inc (NASDAQ: ULTA - Free Report ), Western New England Bancorp Inc (NASDAQ: WNEB - Free Report ) and CU Bancorp (NASDAQ: CUNB - Free Report ). Here are the top five stocks: Applied Optoelectronics Inc (NASDAQ: AAOI - Free Report ) is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom). Get the full Report on AAOI - FREE Get the full Report on ANET - FREE Get the full Report on ULTA - FREE Get the full Report on WNEB - FREE Get the full Report on CUNB - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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For Immediate Release Chicago, IL - May 15, 2017 - Stocks in this week's article include Applied Optoelectronics Inc (NASDAQ: AAOI - Free Report ), Arista Networks Inc (NYSE: ANET - Free Report ), Ulta Beauty Inc (NASDAQ: ULTA - Free Report ), Western New England Bancorp Inc (NASDAQ: WNEB - Free Report ) and CU Bancorp (NASDAQ: CUNB - Free Report ). Get the full Report on AAOI - FREE Get the full Report on ANET - FREE Get the full Report on ULTA - FREE Get the full Report on WNEB - FREE Get the full Report on CUNB - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Ulta Beauty Inc. (ULTA): Free Stock Analysis Report Western New England Bancorp (WNEB): Free Stock Analysis Report CU Bancorp (CA) (CUNB): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - May 15, 2017 - Stocks in this week's article include Applied Optoelectronics Inc (NASDAQ: AAOI - Free Report ), Arista Networks Inc (NYSE: ANET - Free Report ), Ulta Beauty Inc (NASDAQ: ULTA - Free Report ), Western New England Bancorp Inc (NASDAQ: WNEB - Free Report ) and CU Bancorp (NASDAQ: CUNB - Free Report ). Get the full Report on AAOI - FREE Get the full Report on ANET - FREE Get the full Report on ULTA - FREE Get the full Report on WNEB - FREE Get the full Report on CUNB - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Ulta Beauty Inc. (ULTA): Free Stock Analysis Report Western New England Bancorp (WNEB): Free Stock Analysis Report CU Bancorp (CA) (CUNB): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Ulta Beauty Inc. (ULTA): Free Stock Analysis Report Western New England Bancorp (WNEB): Free Stock Analysis Report CU Bancorp (CA) (CUNB): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - May 15, 2017 - Stocks in this week's article include Applied Optoelectronics Inc (NASDAQ: AAOI - Free Report ), Arista Networks Inc (NYSE: ANET - Free Report ), Ulta Beauty Inc (NASDAQ: ULTA - Free Report ), Western New England Bancorp Inc (NASDAQ: WNEB - Free Report ) and CU Bancorp (NASDAQ: CUNB - Free Report ). Here are the top five stocks: Applied Optoelectronics Inc (NASDAQ: AAOI - Free Report ) is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom).
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09f8ecb3-030e-44f4-a2df-baf61d2e8fdf
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10026.0
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2017-05-15 00:00:00 UTC
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Pitney Bowes Benefits from Restructuring: Can It Rebound?
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AAOI
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https://www.nasdaq.com/articles/pitney-bowes-benefits-from-restructuring%3A-can-it-rebound-2017-05-15
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nan
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nan
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Pitney Bowes Inc.PBI has had a disastrous run on the bourse, having lost 13.3% over one year, in stark contrast to the industry's rally of 15.5%. However, shares have started to turn around, and we believe that the time is ripe to focus on key driving factors which bode well for long-term growth of the company.
Over the past three months, shares of the company gained 18.0%, outperforming the Zacks categorized Office Automation and Equipment industry's average gain of 14.9%. Earlier this month, the company released its first-quarter 2017 earnings, wherein the Zacks Rank #2 (Buy) company beat estimates, reversing its recent trend of five back-to-back earnings misses.
Robust Rebound of Software
Pitney Bowes has been undergoing a steady transformation process over the past four years, designed to create long-term flexibility for investment toward future growth. The company's concerted efforts to transform its business are beginning to show results as is evident from growth across most business lines. For instance, the new channels that it has been developing over the last four years - tele and digital - boosted growth of its Mail business during the recently-reported quarter.
Also, the Software business, which has been long hurting from macro woes, has finally returned to growth during the first quarter. Closing several deals, including financial crimes, compliance and big data solutions proved conducive to the Software revenues growth. Also, positive contribution from an indirect channel, robust license revenue growth, high data and SaaS revenues supplemented growth of the Software business.
Growth Drivers
Speaking of catalysts, Pitney Bowes' Global Ecommerce business continues to be one of the strongest profit churners. In less than five years, Global Ecommerce has grown from $20 million business to worth over $400 million. During the first quarter of 2017, Digital Commerce Solutions reported 9% year-over-year growth in sales to $166 million, on the back of strong Global Ecommerce business (up 17%).
In a bid to further fortify its ecommerce business, the company has plans to invest in shipping Application Program Interface to boost domestic shipping business, support retailers to generate consumer demand and take up investments to expand its cross-border offerings. This apart, Pitney Bowes continues to enhance and optimize its new enterprise business platform to boost profitability.
The company remains confident that enterprise business platform will continue to drive operational efficiency, help it to roll out new products and boost client experience. Other growth drivers include introduction of new products and digital capabilities, partner channel expansion, improvement in the direct channel and expansion of the Presort Services network.
Impressive VGM Score
Pitney Bowes also has a Zacks VGM score of 'B'. Our VGM Score identifies stocks that have the most attractive value, growth and momentum characteristics, and a good VGM score indicates stronger chances of success. Our research shows that stocks with Style Scores of 'A' or 'B,' when combined with a Zacks Rank #1 (Strong Buy) or #2, offer the best upside potential.
Other Stocks to Consider
Some other stocks worth considering in the industry are listed below:
Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. It boasts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Adobe Systems Incorporated ADBE holds the same Zacks Rank as Pitney Bowes and generated an average earnings surprise of 7.7% over the trailing four quarters, with beats each time.
Cohu, Inc. COHU has a striking earnings surprise history with an average positive surprise of 121.2% over the trailing four quarters, beating estimates all through. It sports a Zacks Rank #1.
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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
Cohu, Inc. (COHU): Free Stock Analysis Report
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Pitney Bowes Inc. (PBI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. Click to get this free report Cohu, Inc. (COHU): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Pitney Bowes Inc. (PBI): Free Stock Analysis Report To read this article on Zacks.com click here. Robust Rebound of Software Pitney Bowes has been undergoing a steady transformation process over the past four years, designed to create long-term flexibility for investment toward future growth.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. Click to get this free report Cohu, Inc. (COHU): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Pitney Bowes Inc. (PBI): Free Stock Analysis Report To read this article on Zacks.com click here. Adobe Systems Incorporated ADBE holds the same Zacks Rank as Pitney Bowes and generated an average earnings surprise of 7.7% over the trailing four quarters, with beats each time.
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Click to get this free report Cohu, Inc. (COHU): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Pitney Bowes Inc. (PBI): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. Earlier this month, the company released its first-quarter 2017 earnings, wherein the Zacks Rank #2 (Buy) company beat estimates, reversing its recent trend of five back-to-back earnings misses.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. Click to get this free report Cohu, Inc. (COHU): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Pitney Bowes Inc. (PBI): Free Stock Analysis Report To read this article on Zacks.com click here. Also, positive contribution from an indirect channel, robust license revenue growth, high data and SaaS revenues supplemented growth of the Software business.
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2c1abfc2-18c1-436b-ad5a-4447a9b5faef
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10027.0
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2017-05-12 00:00:00 UTC
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Acacia (ACIA) Beats on Q1 Earnings, Revenues Increase Y/Y
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AAOI
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https://www.nasdaq.com/articles/acacia-acia-beats-on-q1-earnings-revenues-increase-y-y-2017-05-12
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nan
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nan
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Acacia Communications Inc. ACIA reported first-quarter 2017 non-GAAP earnings (including stock-based compensation) of 86 cents per share that comfortably beat the Zacks Consensus Estimate of 52 cents per share.
Excluding stock-based compensation, non-GAAP earnings of 77 cents increased 75% on a year-over-year basis. Earnings also exceeded the guided range of 63-70 cents per share.
Acacia reported revenues of $114.4 million, up a massive 35.7% year over year and ahead of the Zacks Consensus Estimate of $112 million. The figure was also marginally higher than the upper end of the guided range of $108-$114 million.
The year-over-year growth was driven by growing demand for the company's flagship products, CFP and flex-400G.
Acacia Communications, Inc. Price and Consensus
Acacia Communications, Inc. Price and Consensus | Acacia Communications, Inc. Quote
However, unimpressive second-quarter guidance affected shares, which fell almost 15% following the results. The stock regained (almost 4%) some of its losses over the next trading session to close at $46.27 on May 11.
We note that the shares of the company have underperformed the Zacks Communication-Components industry on a year-to-date basis. While the industry gained 14.7%, the stock depreciated 25.1%.
Revenue Discussion
Revenues from newer customers surged approximately 223% year over year and accounted for 32% of revenues, up from 14% of revenues reported in the year-ago quarter.
During the first quarter of 2017, there was a sharp progress in the ramping of CFP2-ACO and CFP2-DCO products and customers seem to be strongly interested in the products.
Operating Details
Non-GAAP gross margin, which includes the impact of stock-based compensation expense, expanded 720 basis points (bps) from the year-ago quarter to 49.1%.
Balance Sheet
As of Dec 31, 2016, cash and cash equivalents were $139.6 million compared with $32.8 million a year ago.
Cash flow from operating activities was $15.9 million compared with $11.8 million in the year- ago quarter.
Guidance
Acacia expects second-quarter 2017 revenues in the range of $108-$114 million. Non-GAAP earnings are anticipated to be in the range of 22-35 cents per share for the quarter.
Revenues are expected to decline 21.7% sequentially, mostly due to softening demand from China.
Management stated that temporary slowdown in the deployment of carriers in China will hurt order rate. Once, the China market inventory overhang recedes and demand stabilizes, which the company expects to happen during the second half of the year, results will improve further.
The company also anticipates a rise in operating expense in the second quarter. This is because some outside silicon under repayment and some development payments are due with milestones for their 16-nanometer development process due in the second quarter.
Zacks Rank & Key Picks
Acacia has a Zacks Rank #4 (Sell).
Better-ranked stocks include Applied Optoelectronics, IncAAOI , Axcelis Technologies, Inc.ACLS , and Arista Networks, Inc.ANET , all sporting Zacks Rank #1 (Strong Buy). You can see t he complete list of today's Zacks #1 Rank stocks here .
Earnings growth rate for Applied Optoelectronics, Axcelis Technologies and Arista Networks is projected to be 20%, 20% and 20.43% respectively.
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks "Strong Sells" absolutely free >>.
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
Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report
Arista Networks, Inc. (ANET): Free Stock Analysis Report
Acacia Communications, Inc. (ACIA): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Better-ranked stocks include Applied Optoelectronics, IncAAOI , Axcelis Technologies, Inc.ACLS , and Arista Networks, Inc.ANET , all sporting Zacks Rank #1 (Strong Buy). Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Acacia Communications, Inc. (ACIA): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Operating Details Non-GAAP gross margin, which includes the impact of stock-based compensation expense, expanded 720 basis points (bps) from the year-ago quarter to 49.1%.
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Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Acacia Communications, Inc. (ACIA): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks include Applied Optoelectronics, IncAAOI , Axcelis Technologies, Inc.ACLS , and Arista Networks, Inc.ANET , all sporting Zacks Rank #1 (Strong Buy). Acacia Communications Inc. ACIA reported first-quarter 2017 non-GAAP earnings (including stock-based compensation) of 86 cents per share that comfortably beat the Zacks Consensus Estimate of 52 cents per share.
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Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Acacia Communications, Inc. (ACIA): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks include Applied Optoelectronics, IncAAOI , Axcelis Technologies, Inc.ACLS , and Arista Networks, Inc.ANET , all sporting Zacks Rank #1 (Strong Buy). Acacia Communications Inc. ACIA reported first-quarter 2017 non-GAAP earnings (including stock-based compensation) of 86 cents per share that comfortably beat the Zacks Consensus Estimate of 52 cents per share.
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Better-ranked stocks include Applied Optoelectronics, IncAAOI , Axcelis Technologies, Inc.ACLS , and Arista Networks, Inc.ANET , all sporting Zacks Rank #1 (Strong Buy). Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Acacia Communications, Inc. (ACIA): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Acacia reported revenues of $114.4 million, up a massive 35.7% year over year and ahead of the Zacks Consensus Estimate of $112 million.
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71798169-0c9c-4989-9d22-cf9fd82916bc
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10028.0
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2017-05-12 00:00:00 UTC
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Here's Why You Should Add Logitech (LOGI) to Your Portfolio
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AAOI
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https://www.nasdaq.com/articles/heres-why-you-should-add-logitech-logi-to-your-portfolio-2017-05-12
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nan
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nan
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Shares of Swiss high-tech company, Logitech International SALOGI , have yielded a robust return of 39.4% year to date, miles ahead of the Zacks categorized Computer-Peripheral Equipment industry's average gain of 16.4%.
Why Should You Buy?
Solid Earnings History: With a string of earnings beats over the past 17 quarters, the company's surprise history is quite spectacular. In the recently reported fourth-quarter fiscal 2017 results, Logitech scored its sixth consecutive earnings beat, as adjusted earnings of 15 cents per share beat the Zacks Consensus Estimate by 25.0%.
Impressive ROE: Logitech's Return on Equity (ROE) ratio is 26.0%, well above the industry average of 2.4%. This highlights that the company reinvests more efficiently compared to the industry.
Solid VGM Score: Logitech also has a Zacks VGM score of 'B'. The VGM Score identifies stocks that have the most attractive value, growth and momentum characteristics, and a good VGM score indicates stronger chances of success. Our research shows that stocks with Style Scores of 'A' or 'B,' when combined with Zacks Rank #1 (Strong Buy) or 2, offer the best upside potential.
Growth Drivers: Growing adoption of new mobile platforms in both mature and emerging markets are fueling the demand for Logitech's peripherals and accessories. The company's fourth-quarter fiscal 2017 results were driven by strong, broad-based momentum in its Retail segment businesses, which grew a record 15% year over year in constant currency during the fiscal fourth-quarter of 2017. This was the highest quarterly growth achieved by Retail in six years.
Encouragingly, the company is focused on venturing into new businesses. In the past three years, it has grown successful businesses, including Bluetooth Speakers and Video Collaboration via advanced offerings. Apart from this, Logitech's cloud-based video-conferencing services were also key growth drivers. Encouragingly, the company has quadrupled its profits and accelerated growth over the past four years.
This apart, the company's diligent efforts to reduce overall cost structure by slashing product, overhead and infrastructure costs, are also driving margin expansion. During the fourth quarter of fiscal 2017, Logitech's non-GAAP gross margin was up 430 basis points to 37.4% year over year and non-GAAP operating margin expanded a remarkable 210 bps year over year to 7.3% on account of stringent cost control measures.
Analyst Sentiment Positive: Analysts have become increasingly bullish on the company over the past month, as the Zacks Consensus Estimate for fiscal 2018 earnings inched up over the same time frame, from $1.20 to $1.21, on the back of two upward estimate revisions.
Other Stocks to Consider
Some other stocks worth considering in the industry are listed below:
Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. It sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Cohu, Inc. COHU has a striking earnings surprise history with an average positive surprise of 121.5% over the trailing four quarters, beating estimates all through. It sports a Zacks Rank #1.
Adobe Systems Incorporated ADBE holds a Zacks Rank #2 and generated an average earnings surprise of 7.1% over the trailing four quarters, with beats each time.
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks "Strong Sells" absolutely free >>
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
Cohu, Inc. (COHU): Free Stock Analysis Report
Logitech International S.A. (LOGI): Free Stock Analysis Report
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. Click to get this free report Cohu, Inc. (COHU): Free Stock Analysis Report Logitech International S.A. (LOGI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Swiss high-tech company, Logitech International SALOGI , have yielded a robust return of 39.4% year to date, miles ahead of the Zacks categorized Computer-Peripheral Equipment industry's average gain of 16.4%.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. Click to get this free report Cohu, Inc. (COHU): Free Stock Analysis Report Logitech International S.A. (LOGI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. In the recently reported fourth-quarter fiscal 2017 results, Logitech scored its sixth consecutive earnings beat, as adjusted earnings of 15 cents per share beat the Zacks Consensus Estimate by 25.0%.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. Click to get this free report Cohu, Inc. (COHU): Free Stock Analysis Report Logitech International S.A. (LOGI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. During the fourth quarter of fiscal 2017, Logitech's non-GAAP gross margin was up 430 basis points to 37.4% year over year and non-GAAP operating margin expanded a remarkable 210 bps year over year to 7.3% on account of stringent cost control measures.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 118.3% for the trailing four quarters, beating estimates all through. Click to get this free report Cohu, Inc. (COHU): Free Stock Analysis Report Logitech International S.A. (LOGI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Our research shows that stocks with Style Scores of 'A' or 'B,' when combined with Zacks Rank #1 (Strong Buy) or 2, offer the best upside potential.
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cb1cd727-aee4-49ef-901f-2065fcdb3746
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10029.0
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2017-05-12 00:00:00 UTC
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Buy These 5 Top-Ranked Stocks with Superb Earnings Growth
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AAOI
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https://www.nasdaq.com/articles/buy-these-5-top-ranked-stocks-superb-earnings-growth-2017-05-12
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nan
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nan
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The highest priority among the top brass in any organization is to secure earnings growth on a year-over-year basis. And why is this so? It's because earnings growth indicates the affluence of a company. Take a company's revenues over a given period of time, subtract the cost of production and you will have its earnings!
This metric is also considered the most significant variable in influencing the share price. Better-than-expected earnings performances normally lead to a rally in the share price. However, in addition to actual earnings, expectations of earnings play a vital role in determining share price movement.
Earnings Estimates Determine Share Prices
We have often seen a decline in the stock price despite earnings growth and a rally in the price following an earnings decline. This happens because of the missing or beating of estimates.
Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins and cost control. Thus, earnings estimates serve as a valuable tool while taking investment decisions. Earnings estimates also help analysts assess the cash flow to determine the fair value of a firm.
Hence, it is important for investors to buy stocks that have historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates.
The Winning Strategy
In order to shortlist stocks that have striking earnings growth and positive estimate revisions, we added the following parameters:
Zacks Rank less than or equal to 2 (Only Zacks' 'Buys' and 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.)
5-Year Historical EPS Growth (%) greater than X-Industry (Stocks that possess strong EPS growth history.)
% Change EPS F(0)/F(-1) greater than or equal to 5 (Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal.)
% Change Q1 Estimates over the last 4 weeks greater than zero (Stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks.)
% Change F1 Estimates over the last 1 week greater than zero (Stocks that have seen their annual earnings estimates revised higher in the last 1 week.)
% Change F1 Estimates over the last 4 weeks greater than zero (Stocks that have seen their annual earnings estimates revised higher in the last 4 weeks.)
The above criteria narrowed down the universe of around 7,818 stocks to only 15. Here are the top five stocks:
Applied Optoelectronics IncAAOI is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom). The company sports a Zacks Rank #1 (Strong Buy).
The Zacks Consensus Estimate for its current year earnings soared 37.6% over the last 60 days. The company's estimated earnings growth rate for this year is 269.4%, more than the Electronics - Semiconductors industry's expected gain of 5.9%.
Arista Networks IncANET is a supplier of cloud networking solutions that use software innovations to address the needs of Internet companies, cloud service providers and data centers for enterprise support. The company has a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
The Zacks Consensus Estimate for its current year earnings increased 4.8% over the last 60 days. The company's estimated earnings growth rate for this year is 18.7%, higher than the Communication - Components industry's expected gain of 11.8%.
Ulta Beauty IncULTA is a holding company for the Ulta Beauty group of companies. The company is a beauty retailer and has a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for its current year earnings improved 0.2% over the last 60 days. The company's estimated earnings growth rate for this year is 23.2%, higher than the Retail - Miscellaneous industry's expected gain of 14%.
Western New England Bancorp IncWNEB is a provider of banking products and services to business organizations and individuals, including products such as residential and commercial loans, consumer loans and a variety of deposit products. Western New England Bancorp has a Zacks Rank #2.
The Zacks Consensus Estimate for its current year earnings rose 11.8% over the last 60 days. The company's estimated earnings growth rate for this year is 40.2%, more than the Banks - Foreign industry's expected gain of 6%.
CU BancorpCUNB is a full-service commercial bank offering a range of banking products and services designed for small and medium-sized businesses, non-profit organizations, business owners and entrepreneurs, and the professional community. The company has a Zacks Rank #2.
The Zacks Consensus Estimate for its current year earnings increased 1.7% over the last 60 days. The company's estimated earnings growth rate for this year is 18.7%, higher than the Banks - West industry's expected gain of 13.4%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance
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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
Arista Networks, Inc. (ANET): Free Stock Analysis Report
Western New England Bancorp (WNEB): Free Stock Analysis Report
CU Bancorp (CA) (CUNB): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are the top five stocks: Applied Optoelectronics IncAAOI is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom). Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Western New England Bancorp (WNEB): Free Stock Analysis Report CU Bancorp (CA) (CUNB): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ulta Beauty Inc. (ULTA): Free Stock Analysis Report To read this article on Zacks.com click here. Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins and cost control.
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Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Western New England Bancorp (WNEB): Free Stock Analysis Report CU Bancorp (CA) (CUNB): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ulta Beauty Inc. (ULTA): Free Stock Analysis Report To read this article on Zacks.com click here. Here are the top five stocks: Applied Optoelectronics IncAAOI is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom). The company's estimated earnings growth rate for this year is 23.2%, higher than the Retail - Miscellaneous industry's expected gain of 14%.
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Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Western New England Bancorp (WNEB): Free Stock Analysis Report CU Bancorp (CA) (CUNB): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ulta Beauty Inc. (ULTA): Free Stock Analysis Report To read this article on Zacks.com click here. Here are the top five stocks: Applied Optoelectronics IncAAOI is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom). Earnings Estimates Determine Share Prices We have often seen a decline in the stock price despite earnings growth and a rally in the price following an earnings decline.
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Here are the top five stocks: Applied Optoelectronics IncAAOI is a vertically integrated provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television (CATV), fiber-to-the-home (FTTH) and telecommunications (telecom). Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Western New England Bancorp (WNEB): Free Stock Analysis Report CU Bancorp (CA) (CUNB): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ulta Beauty Inc. (ULTA): Free Stock Analysis Report To read this article on Zacks.com click here. % Change EPS F(0)/F(-1) greater than or equal to 5 (Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal.)
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40302de1-68d8-45fd-977c-27c0b53790e2
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10030.0
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2017-05-11 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for May 11th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-may-11th-2017-05-11
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nan
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nan
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 11 th :
CAI International, Inc. (CAI) : This transportation finance and logistics company has seen the Zacks Consensus Estimate for its current year earnings advancing 26.6% over the last 60 days.
CAI International, Inc. Price and Consensus
CAI International, Inc. Price and Consensus | CAI International, Inc. Quote
CAI International's shares gained 29.7% over the last three months. The company possesses a Momentum Score of A.
CAI International, Inc. Price
CAI International, Inc. Price | CAI International, Inc. Quote
Caterpillar Inc . (CAT) : This manufacturer of construction and mining equipment has seen the Zacks Consensus Estimate for its current year earnings advancing 31.9% over the last 60 days.
Caterpillar, Inc. Price and Consensus
Caterpillar, Inc. Price and Consensus | Caterpillar, Inc. Quote
Caterpillar's shares gained 6.9% over the last three months. The company possesses a Momentum Score of B.
Caterpillar, Inc. Price
Caterpillar, Inc. Price | Caterpillar, Inc. Quote
Boise Cascade Company (BCC) : This wood products manufacturer has witnessed the Zacks Consensus Estimate for its current year earnings rising 18.9% over the last 60 days.
Boise Cascade, L.L.C. Price and Consensus
Boise Cascade, L.L.C. Price and Consensus | Boise Cascade, L.L.C. Quote
Boise Cascade's shares gained 17.2% over the last three months. The company possesses a Momentum Score of A.
Boise Cascade, L.L.C. Price
Boise Cascade, L.L.C. Price | Boise Cascade, L.L.C. Quote
Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained 51.8% over the past three months. The company possesses a Momentum Score of A.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
Long-Term Buys You Won't See in the News
New Zacks Rank #1 Strong Buys are likely to be far outpace the broader market for the next 60-90 days. If you prefer investing for maximum long-term profits, you'll want to see which stocks Zacks experts are sharing with our private members. These moves have double and triple-digit profit potential and are rarely available to the public. Starting now, you can look inside our stocks under $10, home run and value stock portfolios, plus more. Want a peek at this private information? Click here >>
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
Caterpillar, Inc. (CAT): Free Stock Analysis Report
CAI International, Inc. (CAI): Free Stock Analysis Report
Boise Cascade, L.L.C. (BCC): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. (BCC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (CAT) : This manufacturer of construction and mining equipment has seen the Zacks Consensus Estimate for its current year earnings advancing 31.9% over the last 60 days.
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Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. (BCC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. CAI International, Inc. Price and Consensus CAI International, Inc. Price and Consensus | CAI International, Inc. Quote CAI International's shares gained 29.7% over the last three months.
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Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. (BCC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. CAI International, Inc. Price and Consensus CAI International, Inc. Price and Consensus | CAI International, Inc. Quote CAI International's shares gained 29.7% over the last three months.
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Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. (BCC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 11 th : CAI International, Inc. (CAI) : This transportation finance and logistics company has seen the Zacks Consensus Estimate for its current year earnings advancing 26.6% over the last 60 days.
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174344d1-e91b-452b-81bc-13b681aaf617
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10031.0
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2017-05-10 00:00:00 UTC
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Watts Water (WTS) Approves 5% Hike in Quarterly Dividend
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AAOI
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https://www.nasdaq.com/articles/watts-water-wts-approves-5-hike-in-quarterly-dividend-2017-05-10
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nan
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nan
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Watts Water Technologies, Inc.'sWTS board of directors approved a 5.5% hike in the company's quarterly common stock dividend. The revised quarterly dividend now comes in at 19 cents per share compared with the previous figure of 18 cents. The dividend will be paid on Jun 16 to shareholders of record as of Jun 2.
This marks the fifth consecutive year of increase in dividend for Watts Water. The raised dividend reflects the company's focus on capital deployment strategy and commitment to return value to shareholders with solid cash generation capabilities. Prior to this hike, the company had raised its dividend by 5.9% (from 17 cents to 18 cents per share) in Feb 2016.
Watts Water's efforts to enhance its shareholders' value are encouraging. During first-quarter 2017, the company repurchased 69,000 shares of Class A common stock for $4.4 million.
Watts Water Technologies, Inc. Price
Watts Water Technologies, Inc. Price | Watts Water Technologies, Inc. Quote
Watts Water is well poised to gain from consistent focus on realigning its business and product platforms. Despite softness in the European market, increase in commodity costs, and weakness in residential and non-residential spending, the company is likely to benefit from its restructuring initiatives and acquisitions.
Over the last one year, Watts Water underperformed the Zacks classified Instruments-Control sub-industry with respect to price performance. The stock gained around 12.6%, while the industry recorded growth of 17.1% over the same time frame.
Zacks Rank & Key Picks
Watts Water currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . All of these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
APPLIED OPTOELECTRONICS has a remarkable positive average earnings surprise of 118.33% for the last four quarters. Teradyne generated a positive average earnings surprise of 25.10% over the trailing four quarters. Brooks Automation has delivered an average positive earnings surprise of 24.11% in the past four quarters.
Looking for Ideas with Even Greater Upside?
Today's investment ideas are short-term, directly based on our proven 1 to 3 month indicator. In addition, I invite you to consider our long-term opportunities. These rare trades look to start fast with strong Zacks Ranks, but carry through with double and triple-digit profit potential. Starting now, you can look inside our home run, value, and stocks under $10 portfolios, plus more. Click here for a peek at this private information >>
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
Brooks Automation, Inc. (BRKS): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report
Teradyne, Inc. (TER): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . Click to get this free report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Watts Water Technologies, Inc.'sWTS board of directors approved a 5.5% hike in the company's quarterly common stock dividend.
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Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . Click to get this free report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Watts Water Technologies, Inc. Price Watts Water Technologies, Inc. Price | Watts Water Technologies, Inc. Quote Watts Water is well poised to gain from consistent focus on realigning its business and product platforms.
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Click to get this free report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . Watts Water Technologies, Inc.'sWTS board of directors approved a 5.5% hike in the company's quarterly common stock dividend.
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Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . Click to get this free report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Prior to this hike, the company had raised its dividend by 5.9% (from 17 cents to 18 cents per share) in Feb 2016.
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871e6470-7dbd-46cb-9ccb-ec93a0aa9fc7
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10032.0
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2017-05-10 00:00:00 UTC
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Microchip (MCHP) Beats on Q4 Earnings, Raises Guidance
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AAOI
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https://www.nasdaq.com/articles/microchip-mchp-beats-on-q4-earnings-raises-guidance-2017-05-10
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nan
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nan
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Microchip Technology Inc.MCHP reported fourth-quarter fiscal 2017 adjusted earnings (including stock-based compensation) of $1.10 per share, which beat the Zacks Consensus Estimate by 11 cents.
Adjusted earnings (excluding stock-based compensation) advanced 65.7% year over year and 10.5% sequentially to $1.16 per share in the quarter. Atmel contributed 25 cents better than management's expectation of 18-22 cents.
The strong growth was also driven by higher net sales, which surged 58.8% from the year-ago quarter to $902.7 million. On a sequential basis, net sales increased almost 2.4%. The figure was within management's guided range of $872-$908 million. Book-to-bill ratio was approximately 1.10.
Microchip Technology Incorporated Price, Consensus and EPS Surprise
Microchip Technology Incorporated Price, Consensus and EPS Surprise | Microchip Technology Incorporated Quote
We note that Microchip has outperformed the S&P 500 on a year-to-date basis. While the stock has returned 23.9%, the index gained 7.5%. We believe that the impressive result will aid the stock to sustain momentum in fiscal 2018.
Quarter Details
In terms of product line, microcontroller business (64.3% of net sales) increased 0.3% sequentially driven by robust performance from 8-bit, 16-bit and 32-bit microcontroller businesses. These benefited from the addition of Atmel's product portfolio.
Analog sales (25.5% of net sales) increased 1.1% from the previous quarter. Memory sales (5% of net sales) declined 2.3% on a quarter-over-quarter basis. Licensing (2.6% of net sales) sales decreased 3.2% sequentially. MMO (2.6% of net sales) slumped 12.8% from the previous quarter.
Geographically, Asia remained Microchip's largest market, with 55.8% of net sales coming from the region. Europe and Americas contributed 25.1% and 19.1%, respectively.
Microchip posted adjusted gross margin (including stock-based compensation) of 58.9%, which expanded 180 basis points (bps) on a year-over-year basis and 140 bps sequentially.
Non-GAAP operating expenses declined from 46.6% to 25.7% in the reported quarter, primarily due to lower research & development (R&D) and selling, general & administrative (SG&A), which declined 280 bps and 110 bps, respectively.
As a result, non-GAAP operating margin expanded 480 bps from the year-ago quarter and 280 bps sequentially. Atmel achieved operating margins of more than 30% in the quarter.
Balance Sheet
Cash generated in the reported quarter was $322.6 million as compared with $290.8 million at the end of Dec 31. As of Mar 31, cash and total investment position was $1.30 billion as compared with $669.6 million.
Microchip had no borrowings under its revolving line of credit at the end of March. As part of the refinancing activities, the company exchanged some of the 2.125% 2037 bonds issued in 2007 for newly issued 2.25% 2037 bonds during the quarter.
Leverage continues to improve with net debt-to-EBITDA at 1.94 down from 2.47 at the end of the December quarter.
Outlook
Microchip forecasts first-quarter fiscal 2018 net sales to be in the range of $920.7-$965.9 million, which reflects a range of 2-7% growth on a sequential basis.
Gross margin was anticipated to in the range of 59.5-60%, operating expense as percentage of 23-25% and operating margin 36-37%. Earnings are anticipated to be in the range of $1.17-$1.27 per share for the quarter. Atmel is forecasted to contribute 18-22 cents per share.
Capital expenditure is estimated to be approximately $60 million. Net cash generated in the quarter is anticipated to be $230-$250 million.
Management expects net debt-to-EBITDA to be about 1.65 by the end of the first quarter.
For fiscal 2018, capital expenditures are expected to be approximately $170 million. Based on strong fourth-quarter results, Microchip revised long-term growth targets to 62.5% gross margin (up from 60%), 22.5% operating expenses (down from 24%) and 40% operating margin (up from 36%).
Zacks Rank & Key Picks
Microchip carries a Zacks Rank #2 (Buy). Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU are other top ranked stocks in the broader technology sector. All the three companies sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Analog Devices, Applied Optoelectronics and Micron Technology have a long-term earnings growth rate of 10.4%, 20% and 10%, respectively. Microchip has a long-term earnings growth rate of 14.5%.
Looking for Ideas with Even Greater Upside?
Today's investment ideas are short-term, directly based on our proven 1 to 3 month indicator. In addition, I invite you to consider our long-term opportunities. These rare trades look to start fast with strong Zacks Ranks, but carry through with double and triple-digit profit potential. Starting now, you can look inside our home run, value, and stocks under $10 portfolios, plus more. Click here for a peek at this private information >>
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Microchip Technology Incorporated (MCHP): Free Stock Analysis Report
Analog Devices, Inc. (ADI): Free Stock Analysis Report
Micron Technology, Inc. (MU): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU are other top ranked stocks in the broader technology sector. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Microchip Technology Incorporated (MCHP): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Microchip Technology Inc.MCHP reported fourth-quarter fiscal 2017 adjusted earnings (including stock-based compensation) of $1.10 per share, which beat the Zacks Consensus Estimate by 11 cents.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Microchip Technology Incorporated (MCHP): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU are other top ranked stocks in the broader technology sector. Microchip Technology Inc.MCHP reported fourth-quarter fiscal 2017 adjusted earnings (including stock-based compensation) of $1.10 per share, which beat the Zacks Consensus Estimate by 11 cents.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Microchip Technology Incorporated (MCHP): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU are other top ranked stocks in the broader technology sector. Microchip Technology Incorporated Price, Consensus and EPS Surprise Microchip Technology Incorporated Price, Consensus and EPS Surprise | Microchip Technology Incorporated Quote We note that Microchip has outperformed the S&P 500 on a year-to-date basis.
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Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU are other top ranked stocks in the broader technology sector. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Microchip Technology Incorporated (MCHP): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Microchip Technology Inc.MCHP reported fourth-quarter fiscal 2017 adjusted earnings (including stock-based compensation) of $1.10 per share, which beat the Zacks Consensus Estimate by 11 cents.
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37e1186b-9c3e-44a2-9c39-721a31caf68f
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10033.0
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2017-05-10 00:00:00 UTC
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Why Cree (CREE) Could Be Positioned for a Slump
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AAOI
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https://www.nasdaq.com/articles/why-cree-cree-could-be-positioned-for-a-slump-2017-05-10
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nan
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nan
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Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.
One such stock that you may want to consider dropping is Cree, Inc.CREE , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in CREE.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen one estimate moving down in the past 30 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from 41 cents a share a month ago to its current level of 3 cents.
Also, for the current quarter, Cree has seen one downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to a loss of 9 cents a share from earnings of 3 cents over the past 30 days.
The stock also has seen some pretty dismal trading lately, as the share price has dropped 11.2% in the past month.
Cree, Inc. Price and Consensus
Cree, Inc. Price and Consensus | Cree, Inc. Quote
So, it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long-time horizon to wait.
If you are still interested in the Computer and Technology sector, you may instead consider a better-ranked stock - APPLIED OPTOELECTRONICS, INC. AAOI . The stock currently holds a Zacks Rank #1 (Strong Buy) and may be a better selection at this time. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Cree, Inc. (CREE): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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If you are still interested in the Computer and Technology sector, you may instead consider a better-ranked stock - APPLIED OPTOELECTRONICS, INC. AAOI . Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Cree, Inc. (CREE): Free Stock Analysis Report To read this article on Zacks.com click here. Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Cree, Inc. (CREE): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Computer and Technology sector, you may instead consider a better-ranked stock - APPLIED OPTOELECTRONICS, INC. AAOI . Cree, Inc. Price and Consensus Cree, Inc. Price and Consensus | Cree, Inc. Quote So, it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long-time horizon to wait.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Cree, Inc. (CREE): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Computer and Technology sector, you may instead consider a better-ranked stock - APPLIED OPTOELECTRONICS, INC. AAOI . One such stock that you may want to consider dropping is Cree, Inc.CREE , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Cree, Inc. (CREE): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Computer and Technology sector, you may instead consider a better-ranked stock - APPLIED OPTOELECTRONICS, INC. AAOI . One such stock that you may want to consider dropping is Cree, Inc.CREE , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year.
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f5ffab82-7fab-4241-acc1-57e94b97e910
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10034.0
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2017-05-10 00:00:00 UTC
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3 Market-Beating Growth Stocks
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AAOI
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https://www.nasdaq.com/articles/3-market-beating-growth-stocks-2017-05-10
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nan
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nan
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Well, the earnings recession is over, the last jobs report was strong and investors are showing the least amount of fear (per the VIX) since the early ninties. Yet, stocks seem to be stuck these days. What great news for investors!
Remember, a stock making new highs is likely to continue making new highs until something stops the trajectory. This is especially the case during a bull market, which we are most certainly still in. So if stocks are going to just run in place amid all this great news, then savvy investors will have a lower bar to beat if they keep from getting too frustrated and look at the big picture.
This is where the "Market Beating Growth Stocks" screen comes in. It looks for Zacks Rank #1s (Strong Buys) that have a Zacks Style Score of "A" for Growth and projected EPS growth of 20% or more.
Today's article has three stocks from this screen that were beating the market when stocks were soaring, and should continue to do so regardless of which way the tides take us next.
Applied Optoelectronics ( AAOI )
It's been an amazing start to 2017 for Applied Optoelectronics (AAOI). Not only did this advanced fiber-optic device maker report the highest earnings and revenue in its history earlier this month, but it has also gained approximately 145% year to date. Its industry (Electronics-Semiconductors) has 'only' advanced 18.22% thus far in 2017. Its end markets include cable television broadband and fiber-to-the-home, but most of its success can be attributed to its Internet data centers end market.
AAOI has beaten the Zacks Consensus Estimate for five straight quarters now, and in seven of the past eight. It has put together an average surprise of more than 118% in the past four quarters. Most recently (May 4th), it reported earnings per share of $1.02 that beat our expectations by nearly 7.4%. Total revenue soared by 91% to $96.2 million. For the current quarter (Q2), it expects revenue to hit a new record of between $106 million and $112 million with earnings per share of $1.09 to $1.19.
The strong quarter made a noticeable impact to its earnings estimates. Over the past 30 days, the Zacks Consensus Estimate for this year is up 19.7% to $3.76 as all four covering analysts raised their estimates. The Zacks Consensus Estimate for next year is at $4.05, which is up 9.8% in that time and suggests year-over-year growth of 7.7%. Over the past three months, estimates have soared 111% for this year and 152% for next.
Applied Optoelectronics, Inc. Price, Consensus and EPS Surprise
Applied Optoelectronics, Inc. Price, Consensus and EPS Surprise | Applied Optoelectronics, Inc. Quote
The Chemours Company ( CC )
The Chemours Company (CC) has only been a publicly-traded company since 2015…but 2017 may be the year when this global chemistry company really makes its mark. The stock is already up 82.3% this year and its earnings estimates have been soaring since announcing a strong quarterly report. CC is part of the Chemical - Diversified industry, which is in the top 8% of the Zacks Industry Rank.
CC has an average beat of 39.8% over the past four quarters even though it missed the Zacks Consensus Estimate in the fourth quarter. But it certainly didn't miss when reporting first-quarter numbers on May 1. Earnings per share of 75 cents beat our expectations by more than 53%. Revenue jumped 11% to $1.4 billion. The company now expects adjusted EBITDA between $1.15 billion and $1.25 billion for 2017. CC gave a lot of credit for the success to its transformation plan announced in August 2015, which included reducing structural costs, growing market positions, optimizing its portfolio, refocusing investments and enhancing its organization.
Earnings estimates have moved sharply higher in the past week. The Zacks Consensus Estimate for this year is up 14.8% in that time to $3.33, while next year has advanced 11% to $3.92. So for right now, analysts expected earnings growth of 17.7% for 2018 over 2017. Over the past three months, estimates have soared 58.6% and 55% for this year and next, respectively. "Guided by our transformation plan, we believe we are well positioned for the remainder of 2017, as we continue to strengthen our businesses and benefit from positive market conditions," said CC President and CEO Mark Vergnano.
Chemours Company (The) Price, Consensus and EPS Surprise
Chemours Company (The) Price, Consensus and EPS Surprise | Chemours Company (The) Quote
MasTec ( MTZ )
With a solid economy and hopes for increased infrastructure spending at some point, MasTec (MTZ) is in a sweet spot right now. This construction company focuses on communications, energy and utility infrastructure, and boasts "multi-year growth opportunities and momentum in numerous markets". Its earnings history certainly bears that out. The company has beaten earnings estimates for six straight quarters now, amassing an average surprise of 34.1% in the past four. Plus, shares are up 19.5% year to date, which is well ahead of its highly ranked industry (Building Products - Heavy Construction, Top 37%).
Earlier this month, MAS reported earnings per share of 56 cents, which beat the Zacks Consensus Estimate by 19.2%. Net sales of $1.2 billion also beat our estimates of $1.06 billion, while improving 19% from last year. It had a record 18-month backlog level of $5.7 billion. Most importantly, though, was its guidance for 2017. The company now expects adjusted earnings per share of $2.45, marking a ten-cent revision to the upside and suggesting year-over-year improvement of 29%. Revenue is now expected at $5.7 billion instead of the earlier guidance at $5.5 billion.
Earnings estimates have been on a steady rise for a while now. MAS is expected to earn $2.31 for this year, which is 16.7% higher than three months ago. The Zacks Consensus Estimate for next year is currently at $2.46, a year-over-year improvement of 6.5% and up from 7.9% three months back. Analysts responded favorably to last month's report, as estimates have risen 1.8% for this year and nearly 1% for next in just the past 7 days.
MasTec, Inc. Price, Consensus and EPS Surprise
MasTec, Inc. Price, Consensus and EPS Surprise | MasTec, Inc. Quote
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains.
Click to see them right now >>
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
MasTec, Inc. (MTZ): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Applied Optoelectronics ( AAOI ) It's been an amazing start to 2017 for Applied Optoelectronics (AAOI). AAOI has beaten the Zacks Consensus Estimate for five straight quarters now, and in seven of the past eight. Click to get this free report MasTec, Inc. (MTZ): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report MasTec, Inc. (MTZ): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics ( AAOI ) It's been an amazing start to 2017 for Applied Optoelectronics (AAOI). AAOI has beaten the Zacks Consensus Estimate for five straight quarters now, and in seven of the past eight.
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Click to get this free report MasTec, Inc. (MTZ): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics ( AAOI ) It's been an amazing start to 2017 for Applied Optoelectronics (AAOI). AAOI has beaten the Zacks Consensus Estimate for five straight quarters now, and in seven of the past eight.
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Applied Optoelectronics ( AAOI ) It's been an amazing start to 2017 for Applied Optoelectronics (AAOI). AAOI has beaten the Zacks Consensus Estimate for five straight quarters now, and in seven of the past eight. Click to get this free report MasTec, Inc. (MTZ): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here.
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ace02d3f-79f7-454d-94e2-3be3c73d44ab
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10035.0
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2017-05-10 00:00:00 UTC
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eMagin Corp (EMAN) Worth a Look: Stock Moves 8.2% Higher
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AAOI
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https://www.nasdaq.com/articles/emagin-corp-eman-worth-a-look%3A-stock-moves-8.2-higher-2017-05-10
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nan
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nan
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eMagin CorporationEMAN was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.30 to $2.45 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Currently, eMagin Corporation carries a Zacks Rank #2 (Buy).
eMagin Corporation Price
eMagin Corporation Price | eMagin Corporation Quote
Another top-ranked stock in the same industry is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is EMAN going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs. A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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
eMagin Corporation (EMAN): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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eMagin Corporation Price eMagin Corporation Price | eMagin Corporation Quote Another top-ranked stock in the same industry is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report eMagin Corporation (EMAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. eMagin CorporationEMAN was a big mover last session, as the company saw its shares rise over 8% on the day.
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eMagin Corporation Price eMagin Corporation Price | eMagin Corporation Quote Another top-ranked stock in the same industry is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report eMagin Corporation (EMAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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eMagin Corporation Price eMagin Corporation Price | eMagin Corporation Quote Another top-ranked stock in the same industry is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report eMagin Corporation (EMAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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eMagin Corporation Price eMagin Corporation Price | eMagin Corporation Quote Another top-ranked stock in the same industry is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report eMagin Corporation (EMAN): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
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889d7b3b-70d5-43fd-8abf-9cdcadc1ca60
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10036.0
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2017-05-10 00:00:00 UTC
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What Are We Waiting For?
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AAOI
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https://www.nasdaq.com/articles/what-are-we-waiting-2017-05-10
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nan
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nan
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The market continues to run in place just below all-time highs despite a number of positive developments, including the solid earnings season and a good jobs report. So what's the hold up? Ultimately of course, stocks want to see tax reform and other pro-growth initiatives that were promised during the election. But that will likely take a while.
Fortunately, a few of the editors think we're poised to make a move. "I truly believe we will soon break above 2400 touching 2450 or even 2500 before the next consolidation period," said Steve in Reitmeister Trading Alert .
The S&P has crossed 2400 intraday, but keeps scurrying to the negative side by the closing bell. The index was down 0.10% today to 2396.9. The Dow also spent a good part of the session in the green, but ended lower by 0.17% to 20,975.8. Only the NASDAQ has been able to reach all-time highs and stay there. It was up 0.29% on Tuesday to 6,120.6.
The portfolios found plenty to do even if the market didn't. Zacks Counterstrike banked a double-digit profit for the second time on one of its positions, and still has some shares left over for the next leg higher. TAZR added a pharma company, Stocks Under $10 bought a French telecom and Insider Trader picked up a fertilizer company in hopes that the industry is finally bottoming. Finally, Short List swapped out three names this week. Give it all a look below:
Today's Portfolio Highlights:
Zacks Counterstrike: The $60 price target for Applied Optoelectronics (AAOI) was hit and surpassed this morning, giving Jeremy a great opportunity to sell half of the remaining position for a return of 34.4% in less than a month. The editor sold part of AAOI last Friday for a more than 36% return. He's holding onto the final third of the original position in anticipation of a move above $70.
TAZR Trader: Alexion Pharmaceuticals (ALXN) has been basing between $110 and $120 over the past year, but Kevin feels that this profitable biotech company will be heading back to around $150 moving forward. The company's focus on rare conditions allows it to command premium pricing and a quicker regulatory path to market. EPS and sales are expected to grow 19% and 13%, respectively, this year, and then accelerate even further by 23% and nearly 16% next year. The editor added ALXN on Tuesday with a 7% allocation. Make sure to read his complete commentary to learn about the special risks coming out of Brazil and the funds that continue to buy the stock.
Zacks Short List: There were three swaps this week, and two of the short-coverings were positive for the portfolio:
• Incyte Corp. (INCY, +3.9%)
• Halliburton (HAL, +1%)
• BIDU was also short covered
The new buys that replaced these names are:
• ConocoPhillips (COP)
• GoDaddy (GDDY)
• Inphi (IPHI)
Learn more about this emotion-free portfolio that takes advantage of falling and volatile markets by reading the Short List Trader Guide.
Stocks Under $10: Brian Bolan went overseas for his next addition by adding the French telecom Sequans Communications (SQNS). This Zacks Rank #2 is growing revenue on a year-over-year basis and reported a 25% earnings surprise last time. The editor thinks this company could be profitable by the end of the year and is getting in at a great price as the CAC (the Paris stock exchange index) tumbled yesterday in the aftermath of the election. The full commentary has a lot more on this new buy. While you're there, check out the portfolio's three tech stocks that are each up in the triple digits.
Insider Trader: Is a bottom forming for the slumping fertilizer industry? A few insiders at Mosaic (MOS) seem to think so. Shares of this phosphate and potash fertilizer company are down nearly 20% year to date, but it mentioned some positive developments in its recent earnings report from earlier this month. Subsequently, the CFO and two directors bought shares in their own company. Do they see a light at the end of the tunnel? Tracey decided to take a chance that they do and bought a 10% position in MOS on Tuesday. The full commentary has more specifics on this new buy.
Until Tomorrow,
Jim Giaquinto
One More Thing...
Remember, the third episode of the Zacks Ultimate Strategy Session will be available for viewing this Wednesday, May 10th. Steve Reitmeister, Sheraz Mian, Dr. John Blank and David Bartosiak will cover the investment landscape from most every angle in this "must-see-TV" event.
Don't miss your chance to hear:
• Sheraz and John Agree to Disagree on Risk and Earnings Growth
• Steve's answers to your questions in Reity's Mailbag
• Tips for improving your portfolio
• And much more
So be sure to mark your calendar then log on to Zacks.com and bookmark this page.
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Give it all a look below: Today's Portfolio Highlights: Zacks Counterstrike: The $60 price target for Applied Optoelectronics (AAOI) was hit and surpassed this morning, giving Jeremy a great opportunity to sell half of the remaining position for a return of 34.4% in less than a month. The editor sold part of AAOI last Friday for a more than 36% return. TAZR Trader: Alexion Pharmaceuticals (ALXN) has been basing between $110 and $120 over the past year, but Kevin feels that this profitable biotech company will be heading back to around $150 moving forward.
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Give it all a look below: Today's Portfolio Highlights: Zacks Counterstrike: The $60 price target for Applied Optoelectronics (AAOI) was hit and surpassed this morning, giving Jeremy a great opportunity to sell half of the remaining position for a return of 34.4% in less than a month. The editor sold part of AAOI last Friday for a more than 36% return. TAZR added a pharma company, Stocks Under $10 bought a French telecom and Insider Trader picked up a fertilizer company in hopes that the industry is finally bottoming.
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Give it all a look below: Today's Portfolio Highlights: Zacks Counterstrike: The $60 price target for Applied Optoelectronics (AAOI) was hit and surpassed this morning, giving Jeremy a great opportunity to sell half of the remaining position for a return of 34.4% in less than a month. The editor sold part of AAOI last Friday for a more than 36% return. TAZR added a pharma company, Stocks Under $10 bought a French telecom and Insider Trader picked up a fertilizer company in hopes that the industry is finally bottoming.
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Give it all a look below: Today's Portfolio Highlights: Zacks Counterstrike: The $60 price target for Applied Optoelectronics (AAOI) was hit and surpassed this morning, giving Jeremy a great opportunity to sell half of the remaining position for a return of 34.4% in less than a month. The editor sold part of AAOI last Friday for a more than 36% return. The editor added ALXN on Tuesday with a 7% allocation.
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35927a16-62e4-41d9-a05f-8d2d97be6489
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10037.0
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2017-05-09 00:00:00 UTC
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ON Semi's (ON) Earnings Doubled in Q1, Revenues Up Y/Y
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AAOI
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https://www.nasdaq.com/articles/on-semis-on-earnings-doubled-in-q1-revenues-up-y-y-2017-05-09
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nan
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nan
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ON SemiconductorON posted first-quarter 2017 reported earnings of 18 cents per share that doubled on a year-over-year basis. However, the figure declined from 26 cents reported in the previous quarter.
The Zacks Consensus Estimate was pegged at 26 cents per share.
Moreover, ON Semi reported non-GAAP revenues of $1.28 billion, which surged 56.8% from the year-ago quarter and 1.6% from the previous quarter. The figure was better than management's guided range of $1.215-$1.265 billion.
ON Semiconductor Corporation Price, Consensus and EPS Surprise
ON Semiconductor Corporation Price, Consensus and EPS Surprise | ON Semiconductor Corporation Quote
The year-over-year growth was driven by strong progress of the Fairchild integration and improving automotive, industrial and communications end-markets.
We note that ON Semi has outperformed the Zacks Semiconductor - Analog & Mixed industry on a year-to-date basis. The stock gained 13.1% as compared with industry's 9.6%. The company's diversified product and customer base along with improving end-markets will aid the stock sustain momentum in the rest of 2017.
Revenue Details
ON Semi has three business units namely - Power Solutions Group or PSG (revenues of $636 million), Analog Solutions (revenues of $462 million) and Image Sensor Group (revenues of $184 million).
Automotive (32% of revenues) end-market revenues were approximately $405 million, up 28% year over year and almost 10% quarter over quarter. In the quarter, the company's image sensor revenues related to advanced driver-assistance systems (ADAS) and viewing applications grew at an impressive high-teen percentage rate sequentially.
Management noted that growth drivers for automotive applications include LED lighting, power management, power discretes, body electronics, in-vehicle networking solutions and powertrain ASICs.
Industrial (25%) end-market revenues increased 64% year over year and 6% sequentially to $320 million. The company noted that its Python line of CMOS image sensors for machine vision applications continues to grow at an impressive rate.
Communications (19%) end-market revenues grew 75% year over year but declined almost 14% quarter over quarter to $243 million, due to seasonality and softness in the Chinese handset market.
Computing (10%) grew 70% year over year and 1% quarter over quarter to $130 million. On Semi won designs for power stage for cloud computing and server applications. The company anticipates revenues from these wins to start contributing in the near-to-mid-term.
Consumer (14%) end-market revenues almost doubled on a year-over-year basis and grew approximately 1% sequentially to $184 million.
Margins
Non GAAP gross margin was 35.4%, up 30 basis points (bps) sequentially and 170 bps year over year, reflecting higher-than-expected revenues and improving operational efficiency.
ON Semi incurred non-GAAP operating expenses of $284.9 million, up 50.6% from the year-ago quarter but down 1% from the previous quarter. The figure was towards the high-end of management's guided range $271-$285 million, primarily owing to higher variable compensation resulting from higher sales and investments in ADAS related strategic growth initiatives such as automotive radar and advanced image sensors.
As percentage of revenues, operating expenses declined 330 bps from the year-ago quarter and 300 bps from the previous quarter to 19.8%.
As a result, non-GAAP operating margin expanded 120 bps from the year-ago quarter to 11.8%. However, operating margin contracted 50 bps on a sequential basis, reflecting lower gross margin base.
Balance Sheet
Cash & cash equivalents were $729 million, down $299 million sequentially. In the first quarter, operating cash flow was approximately $209 million as compared with $229 million in the previous quarter. Free cash flow was $156 million, down from $179 million in the previous quarter.
Guidance
ON Semi now expects to exit 2017 with annual synergies run rate of $180 million, as compared with its earlier target of $160 million from the Fairchild acquisition. The company also raised annualized synergies run rate exiting 2018 to $220 million from $200 million. Total annual synergies from Fairchild are now anticipated to be $245 million, up from $225 million, which it expects to achieve by end of 2019.
Management expects to see strong growth in revenue contribution from Fairchild in near to mid-term. All the end-market revenues are anticipated to increase on a quarter-over-quarter basis in second-quarter 2017.
ON Semi believes that global automotive units should grow by low-single digit percentage annual rate in 2017. Moreover, management expects Industrial end-market to benefit from strong defense related revenues as "depleted military stocks are being replenished".
ON Semi now forecasts revenues to be in the range of $1.285-$1.335 billion in second-quarter 2017. Non-GAAP gross margin are projected to be in the range of approximately 34.7-36.7%, while operating expenses of approximately $281-$295 million.
Management now expects growth in operating expenses as a percentage of revenues to decline in the latter half of the second quarter, much closer toward the company's target model (21%).
On Semi expects free cash flow in the range of $500-$600 million for 2017.
Conclusion
We believe that the improving end-markets are positive for ON Semi. The Fairchild acquisition has helped the company to grab a dominant position in the power semiconductor market with a planned focus on smartphone, automotive and industrial end markets.
We note that automotive present significant growth prospects given strong demand for ADAS related applications. Moreover, the company's plan to sell products (like power modules) from consumer end-market to industrial applications end-market will boost margins and revenues in the long term.
Additionally, higher synergies from the Fairchild acquisition along with improving operating leverage will boost profitability.
Zacks Rank & Other Key Picks
Currently, On Semi carries a Zacks Rank #2 (Buy). Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU sporting Zacks Rank #1 (Strong Buy) are other top ranked stocks in the broader technology sector. You can see the complete list of today's Zacks #1 Rank stocks here .
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Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
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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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Analog Devices, Inc. (ADI): Free Stock Analysis Report
ON Semiconductor Corporation (ON): Free Stock Analysis Report
Micron Technology, Inc. (MU): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU sporting Zacks Rank #1 (Strong Buy) are other top ranked stocks in the broader technology sector. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report ON Semiconductor Corporation (ON): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. In the quarter, the company's image sensor revenues related to advanced driver-assistance systems (ADAS) and viewing applications grew at an impressive high-teen percentage rate sequentially.
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Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU sporting Zacks Rank #1 (Strong Buy) are other top ranked stocks in the broader technology sector. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report ON Semiconductor Corporation (ON): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. ON Semiconductor Corporation Price, Consensus and EPS Surprise ON Semiconductor Corporation Price, Consensus and EPS Surprise | ON Semiconductor Corporation Quote The year-over-year growth was driven by strong progress of the Fairchild integration and improving automotive, industrial and communications end-markets.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report ON Semiconductor Corporation (ON): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU sporting Zacks Rank #1 (Strong Buy) are other top ranked stocks in the broader technology sector. Revenue Details ON Semi has three business units namely - Power Solutions Group or PSG (revenues of $636 million), Analog Solutions (revenues of $462 million) and Image Sensor Group (revenues of $184 million).
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Analog Devices ADI , Applied Optoelectronics, AAOI and Micron Technology MU sporting Zacks Rank #1 (Strong Buy) are other top ranked stocks in the broader technology sector. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report ON Semiconductor Corporation (ON): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. In the quarter, the company's image sensor revenues related to advanced driver-assistance systems (ADAS) and viewing applications grew at an impressive high-teen percentage rate sequentially.
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28642cc7-1d5f-4ed8-ad64-d56564bc78c0
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10038.0
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2017-05-08 00:00:00 UTC
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Zacks.com featured highlights: SORL Auto Parts, KMG Chemicals, Momo and Applied Optoelectronics
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AAOI
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-sorl-auto-parts-kmg-chemicals-momo-and-applied
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nan
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nan
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For Immediate Release
Chicago, IL - May 08, 2017 - Stocks in this week's article include SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ), Momo Inc. (NASDAQ: MOMO - Free Report ) and Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ).
Screen of the Week of Zacks Investment Research:
4 Profitable Stocks to Buy for Stunning Returns
One of the best way to evaluate a company's ability to meet all its operating and related costs and provide stupendous returns to its investors is through profitability analysis. Although a fundamentally weak companymay fail to perform successfully despite strong profitability, several studies have indicated that most of the times a profitable entity manages to offer huge returns.
Here we have used the concept of accounting ratios to evaluate a company's profitability. There are a variety of profitability ratios, from which we have chosen the most common and successful profitability metric to determine the bottom-line performance of a company.
Net Income Ratio
Net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenue. Using net income ratio, one can determine a company's effectiveness to pay for its operating and non-operating expenses from its revenue. A higher net income ratio usually implies a company's ability to generate ample revenue and successfully manage all its business functions.
Screening Parameters
Net income ratio is not the only indicator of future winners. So we have added a few more criteria to arrive at a winning strategy.
Zacks Rank Equal to #1: Only Zacks Rank #1 (Strong Buy) stocks are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off. You can see the complete list of today's Zacks #1 Rank stocks here .
12-Month Trailing Sales and Net Income Growth Higher than X Industry: Stocks that possess higher sales and net income growth in the last 12 months showcase better financial performance.
12-Month Trailing Net Income Ratio Higher than X Industry: High net income ratio indicates a company's solid profitability.
% Rating Strong Buy greater than 70%: This indicates that 70% of the analysts covering these stocks are optimistic.
These few parameters narrowed down the universe of over 7,905 stocks to only 5.
Here are four of the five stocks that qualified the screen:
SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ) specializes in the development, production and distribution of air brake systems and other related products. It has an average four-quarter positive earnings surprise of 38.1%.
KMG Chemicals, Inc. (NYSE: KMG - Free Report ) manufactures and distributes specialty chemicals globally. It has an average four-quarter positive earnings surprise of 10.6%.
Momo Inc. (NASDAQ: MOMO - Free Report ) operates as a mobile-based social networking platform. It has an average four-quarter positive earnings surprise of 7%.
Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. It has an average four-quarter positive earnings surprise of more than 100%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
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Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
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Contact: Jim Giaquinto
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Phone: 312-265-9268
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Visit: https://www.zacks.com/performance
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report
KMG Chemicals, Inc. (KMG): Free Stock Analysis Report
Momo Inc. (MOMO): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - May 08, 2017 - Stocks in this week's article include SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ), Momo Inc. (NASDAQ: MOMO - Free Report ) and Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ). Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. Get the full Report on SORL - FREE Get the full Report on KMG - FREE Get the full Report on MOMO - FREE Get the full Report on AAOI - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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For Immediate Release Chicago, IL - May 08, 2017 - Stocks in this week's article include SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ), Momo Inc. (NASDAQ: MOMO - Free Report ) and Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ). Get the full Report on SORL - FREE Get the full Report on KMG - FREE Get the full Report on MOMO - FREE Get the full Report on AAOI - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Momo Inc. (MOMO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - May 08, 2017 - Stocks in this week's article include SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ), Momo Inc. (NASDAQ: MOMO - Free Report ) and Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ). Get the full Report on SORL - FREE Get the full Report on KMG - FREE Get the full Report on MOMO - FREE Get the full Report on AAOI - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Momo Inc. (MOMO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Momo Inc. (MOMO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - May 08, 2017 - Stocks in this week's article include SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ), KMG Chemicals, Inc. (NYSE: KMG - Free Report ), Momo Inc. (NASDAQ: MOMO - Free Report ) and Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ). Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc.
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dee013d2-3d0b-4a0b-bc57-551f4d79614a
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10039.0
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2017-05-06 00:00:00 UTC
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April Jobs Bring May Highs
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AAOI
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https://www.nasdaq.com/articles/april-jobs-bring-may-highs-2017-05-06
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nan
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nan
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The major indices had a delayed reaction to this morning's strong jobs report, but they eventually rallied into the close to give investors a great end to the week.
The S&P climbed 0.41% to 2399.3 and the NASDAQ increased 0.42% to 6100.8, both of those results were new records. The Dow didn't hit an all-time high today, but it did reclaim 21K with an advance of 0.26% to 21006.9. All indices were up for the week with the NASDAQ climbing 0.9%, the S&P up 0.6% and the Dow ahead 0.3%.
To use Fed Chair Yellen's term, last month's alarmingly soft jobs report looks like it was "transitory". The economy blew past expectations in April and added 211,000 jobs. Furthermore, the unemployment rate ticked lower to 4.4%. Now the market's attention will shift to the final round of the French presidential election on Sunday.
The portfolios saw several big winners today. TAZR Trader had two sells with double-digit returns, while Zacks Counterstrike and Value Investor each had one. VI also bought twice today while Large-Cap Trader added to two existing positions. See more below:
Today's Portfolio Highlights:
TAZR Trader: The portfolio went to the bank on Friday with two big 20%+ winners. First up, Kevin decided to trim a third of the FireEye (FEYE) position, as this cyber-attack security company has rallied strongly to just below $15 and might consolidate around that level for a while. That small piece brought a return of 28% in less than two months, and he's still holding on to two-thirds of the original position.
Meanwhile, analysts aren't responding to MasTec (MTZ) raising its guidance as enthusiastically as Kevin would like to see, which is making the editor wonder if this is as good as it gets. So he decided to sell this E&C services provider to the energy and telecom sectors. Kevin bought this stock less than two months ago under $40, and it has reached the higher end of his expected target between $46 and $48. That accounts for a return of just over 20%.
Value Investor: There was a lot happening in the portfolio on Friday, including a double digit sell and two buys:
• BP (BP) -- This oil giant had a very solid earnings report, but most analysts are revising estimates lower since crude has remained under $50 for a lot longer than expected. So Tracey decided to sell this stock on Friday for a more than 10% return.
• Occidental (OXY) -- This big cap oil company is way oversold right now, especially after reporting a first-quarter earnings beat and big revenue growth in its chemical division. It also has a solid balance sheet and currently has a dividend that yields just over 5%. Since crude won't be under $50 forever, Tracey decided to add OXY to the portfolio.
• BanColombia (CIB) - Latin America is poised to be one of the winners of a global economy that's really heating up, and yet the portfolio had no exposure to international lending. The editor changed that today with CIB, which is the largest bank in the quickly-growing country of Colombia. Furthermore, earnings estimates are on the rise, making this stock a Zacks Rank #2.
The full commentary has a lot more info on all these moves.
Zacks Counterstrike: Shares of Applied Optoelectronics (AAOI) are nearing Jeremy's price target of $60, but the editor decided to take some profits now because the optical space is rather volatile. He sold a third of the position today and banked a nice 36.8% profit.
Large-Cap Trader: The portfolio added 2% allocations to its positions in Tyson Foods (TSN) and Chemours (CC). John is confident enough in TSN's report next week to increase his exposure, especially since the chicken giant beat expectations by 25% last time. CC reported last week and once again beat estimates. The editor felt that the solid performance and its low PEG ratio warranted a bigger position in this chemicals company. See the full write-up for more.
Momentum Trader:"Another all-time high put in by the NASDAQ Composite today. Surging higher has been the name of the game for the NASDAQ and it's not showing any signs up letting up any time soon. The breakout from the previous ATH hasn't really met any resistance whatsoever.
"One concern for the bulls is the gap up but there's no reason that gap has to be filled in the near term. In fact, it's a level that will probably remain untouched until the next correction.
"The bullish trendline from the November lows remains intact, now sitting just below 6,000. The real big tech earnings are already behind us for the most part. That doesn't mean that we can't see some volatility coming up with the slew of reports due out next week. Tech has been very strong coming into last week and really didn't disappoint much this week." -- Dave Bartosiak
Have a Great Weekend,
Jim Giaquinto
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Zacks Counterstrike: Shares of Applied Optoelectronics (AAOI) are nearing Jeremy's price target of $60, but the editor decided to take some profits now because the optical space is rather volatile. The major indices had a delayed reaction to this morning's strong jobs report, but they eventually rallied into the close to give investors a great end to the week. First up, Kevin decided to trim a third of the FireEye (FEYE) position, as this cyber-attack security company has rallied strongly to just below $15 and might consolidate around that level for a while.
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Zacks Counterstrike: Shares of Applied Optoelectronics (AAOI) are nearing Jeremy's price target of $60, but the editor decided to take some profits now because the optical space is rather volatile. See more below: Today's Portfolio Highlights: TAZR Trader: The portfolio went to the bank on Friday with two big 20%+ winners. Value Investor: There was a lot happening in the portfolio on Friday, including a double digit sell and two buys: • BP (BP) -- This oil giant had a very solid earnings report, but most analysts are revising estimates lower since crude has remained under $50 for a lot longer than expected.
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Zacks Counterstrike: Shares of Applied Optoelectronics (AAOI) are nearing Jeremy's price target of $60, but the editor decided to take some profits now because the optical space is rather volatile. See more below: Today's Portfolio Highlights: TAZR Trader: The portfolio went to the bank on Friday with two big 20%+ winners. Value Investor: There was a lot happening in the portfolio on Friday, including a double digit sell and two buys: • BP (BP) -- This oil giant had a very solid earnings report, but most analysts are revising estimates lower since crude has remained under $50 for a lot longer than expected.
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Zacks Counterstrike: Shares of Applied Optoelectronics (AAOI) are nearing Jeremy's price target of $60, but the editor decided to take some profits now because the optical space is rather volatile. See more below: Today's Portfolio Highlights: TAZR Trader: The portfolio went to the bank on Friday with two big 20%+ winners. So Tracey decided to sell this stock on Friday for a more than 10% return.
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e2e0c6eb-1acc-4298-8c02-2f3ff1d16686
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10040.0
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2017-05-05 00:00:00 UTC
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4 Profitable Stocks to Buy for Stunning Returns
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AAOI
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https://www.nasdaq.com/articles/4-profitable-stocks-to-buy-for-stunning-returns-2017-05-05
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nan
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nan
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One of the best way to evaluate a company's ability to meet all its operating and related costs and provide stupendous returns to its investors is through profitability analysis. Although a fundamentally weak companymay fail to perform successfully despite strong profitability, several studies have indicated that most of the times a profitable entity manages to offer huge returns.
Here we have used the concept of accounting ratios to evaluate a company's profitability. There are a variety of profitability ratios, from which we have chosen the most common and successful profitability metric to determine the bottom-line performance of a company.
Net Income Ratio
Net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenue. Using net income ratio, one can determine a company's effectiveness to pay for its operating and non-operating expenses from its revenue. A higher net income ratio usually implies a company's ability to generate ample revenue and successfully manage all its business functions.
Screening Parameters
Net income ratio is not the only indicator of future winners. So we have added a few more criteria to arrive at a winning strategy.
Zacks Rank Equal to #1: Only Zacks Rank #1 (Strong Buy) stocks are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off. You can see the complete list of today's Zacks #1 Rank stocks here .
12-Month Trailing Sales and Net Income Growth Higher than X Industry: Stocks that possess higher sales and net income growth in the last 12 months showcase better financial performance.
12-Month Trailing Net Income Ratio Higher than X Industry: High net income ratio indicates a company's solid profitability.
% Rating Strong Buy greater than 70%: This indicates that 70% of the analysts covering these stocks are optimistic.
These few parameters narrowed down the universe of over 7,905 stocks to only 5.
Here are four of the five stocks that qualified the screen:
SORL Auto Parts, Inc.SORL specializes in the development, production and distribution of air brake systems and other related products. It has an average four-quarter positive earnings surprise of 38.1%.
KMG Chemicals, Inc.KMG manufactures and distributes specialty chemicals globally.It has an average four-quarter positive earnings surprise of 10.6%.
Momo Inc.MOMO operates as a mobile-based social networking platform. It has an average four-quarterpositive earnings surprise of 7%.
Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. It has an average four-quarterpositive earnings surprise of more than 100%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
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
Momo Inc. (MOMO): Free Stock Analysis Report
SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report
KMG Chemicals, Inc. (KMG): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. Click to get this free report Momo Inc. (MOMO): Free Stock Analysis Report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. One of the best way to evaluate a company's ability to meet all its operating and related costs and provide stupendous returns to its investors is through profitability analysis.
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Click to get this free report Momo Inc. (MOMO): Free Stock Analysis Report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. 12-Month Trailing Sales and Net Income Growth Higher than X Industry: Stocks that possess higher sales and net income growth in the last 12 months showcase better financial performance.
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Click to get this free report Momo Inc. (MOMO): Free Stock Analysis Report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. Net Income Ratio Net income ratio gives us the exact profitability level of a company.
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Click to get this free report Momo Inc. (MOMO): Free Stock Analysis Report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report KMG Chemicals, Inc. (KMG): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. Screening Parameters Net income ratio is not the only indicator of future winners.
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a1d74486-a935-4024-b0a4-94b4276a5d8e
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10041.0
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2017-05-05 00:00:00 UTC
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Watts Water (WTS) Beats Q1 Earnings and Sales Estimates
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AAOI
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https://www.nasdaq.com/articles/watts-water-wts-beats-q1-earnings-and-sales-estimates-2017-05-05
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nan
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nan
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Watts Water Technologies, Inc.WTS reported first-quarter 2017 adjusted earnings of 65 cents per share, a 14% year-over-year improvement driven by strong productivity, lower interest expense and a favorable tax rate. Earnings surpassed the Zacks Consensus Estimate of 60 cents.
On a reported basis, including special items, Watts Water's earnings were 63 cents per share in the quarter, up 34% year over year from 47 cents recorded in the year-ago quarter.
Total revenue inched up 0.9% year over year to $347.2 million in the quarter, marginally beating the Zacks Consensus Estimate of $346 million. Organic sales edged down 1% in the quarter compared with the year-ago quarter.
Watts Water Technologies, Inc. Price, Consensus and EPS Surprise
Watts Water Technologies, Inc. Price, Consensus and EPS Surprise | Watts Water Technologies, Inc. Quote
Regionally, organic sales decreased in the Americas and APMEA 2% and 10%, respectively; partially offset by 1% organic growth in Europe. The Americas sales were impacted by lower heating and hot water product sales and headwinds in the retail sector. APMEA sales were adversely affected by anticipated product rationalization. Europe saw growth in drains and electronics products.
Cost and Margins
Cost of sales declined 2.7% year over year to $203.4 million. Gross profit increased 6.4% to $143.8 million. Gross margin in the reported quarter expanded 210 basis points (bps) to 41.4%. Selling, general and administrative expenses went down 4.9% to $107.6 million from $102.6 million in the prior-year quarter.
Adjusted operating profit went up 3% to $38.4 million in the reported quarter. Adjusted operating margin advanced 30 bps to 11.1%.
Segment Performance
Americas: Net sales climbed 2.9% to $228.7 million in the reported quarter. Adjusted operating profit increased 1.8% to $33.6 million.
EMEA: Net sales decreased 3% year over year to $104.9 million. Adjusted operating profit went up 23.5% to $12.6 million from $10.2 million in the prior-year quarter.
Asia Pacific: Net sales remained flat year over year at $13.6 million. The segment reported adjusted operating profit of $1 million compared to $2.4 million recorded in the year-ago quarter.
Financial Performance
Watts Water had cash and cash equivalents of $287 million at the end of first-quarter 2017 compared with $338.4 million at the end of 2016. The company recorded cash used for operating activities of $9.1 million in the reported quarter compared with cash usage of $21.9 million recorded in the year-ago quarter.
Watts Water repurchased 69,000 shares of Class A common stock for $4.4 million during the quarter.
Share Price Performance
In the last one year, Watts Water has underperformed the Zacks classified Instruments-Control sub-industry with respect to price performance. The stock gained around 8.2%, while the industry recorded growth of 15.1% over the same time frame.
Watts Water currently carries a Zacks Rank #4 (Sell).
Key Picks
Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . All of these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
APPLIED OPTOELECTRONICS has a remarkable positive average earnings surprise of 116.49% for the last four quarters. Teradyne generated a positive average earnings surprise of 25.10% over the trailing four quarters. Brooks Automation has delivered an average positive earnings surprise of 24.11% in the past four quarters.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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
Brooks Automation, Inc. (BRKS): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report
Teradyne, Inc. (TER): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Key Picks Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . Click to get this free report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Watts Water Technologies, Inc.WTS reported first-quarter 2017 adjusted earnings of 65 cents per share, a 14% year-over-year improvement driven by strong productivity, lower interest expense and a favorable tax rate.
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Click to get this free report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Key Picks Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . On a reported basis, including special items, Watts Water's earnings were 63 cents per share in the quarter, up 34% year over year from 47 cents recorded in the year-ago quarter.
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Click to get this free report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Key Picks Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . Watts Water Technologies, Inc. Price, Consensus and EPS Surprise Watts Water Technologies, Inc. Price, Consensus and EPS Surprise | Watts Water Technologies, Inc. Quote Regionally, organic sales decreased in the Americas and APMEA 2% and 10%, respectively; partially offset by 1% organic growth in Europe.
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Key Picks Some better-ranked stocks in the same sector are APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Brooks Automation, Inc. BRKS . Click to get this free report Brooks Automation, Inc. (BRKS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. On a reported basis, including special items, Watts Water's earnings were 63 cents per share in the quarter, up 34% year over year from 47 cents recorded in the year-ago quarter.
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19ddaba9-7069-4a7a-85b5-6f33d8d9b3bf
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10042.0
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2017-05-05 00:00:00 UTC
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CSG Systems International (CSGS) Jumps: Stock Rises 10%
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AAOI
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https://www.nasdaq.com/articles/csg-systems-international-csgs-jumps%3A-stock-rises-10-2017-05-05
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nan
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nan
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CSG Systems International, Inc.CSGS was a big mover last session, as the company saw its shares rise over 10% on the day. The move came after the company reported solid first-quarter 2017 results. This also led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $36.08 to $38.19 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Currently, CSG Systems International carries a Zacks Rank #3 (Hold).
CSG Systems International, Inc. Price
CSG Systems International, Inc. Price | CSG Systems International, Inc. Quote
A better-ranked stock in the broader sector is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is CSGS going up? Or down? Predict to see what others think: Up or Down
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time. One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
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
CSG Systems International, Inc. (CSGS): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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CSG Systems International, Inc. Price CSG Systems International, Inc. Price | CSG Systems International, Inc. Quote A better-ranked stock in the broader sector is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report CSG Systems International, Inc. (CSGS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. CSG Systems International, Inc.CSGS was a big mover last session, as the company saw its shares rise over 10% on the day.
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CSG Systems International, Inc. Price CSG Systems International, Inc. Price | CSG Systems International, Inc. Quote A better-ranked stock in the broader sector is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report CSG Systems International, Inc. (CSGS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Download this IPO Watch List today for free >> Want the latest recommendations from Zacks Investment Research?
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CSG Systems International, Inc. Price CSG Systems International, Inc. Price | CSG Systems International, Inc. Quote A better-ranked stock in the broader sector is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report CSG Systems International, Inc. (CSGS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Predict to see what others think: Up or Down Zacks' 2017 IPO Watch List Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar.
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Click to get this free report CSG Systems International, Inc. (CSGS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. CSG Systems International, Inc. Price CSG Systems International, Inc. Price | CSG Systems International, Inc. Quote A better-ranked stock in the broader sector is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). CSG Systems International, Inc.CSGS was a big mover last session, as the company saw its shares rise over 10% on the day.
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830c44e7-b5f2-41f8-a774-41f8d6e41886
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10043.0
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2017-05-05 00:00:00 UTC
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Pre-Market Most Active for May 5, 2017 : VWR, NOK, MT, LYG, INVN, IBM, MFA, QQQ, SNCR, AAOI, ZNGA, FB
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AAOI
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https://www.nasdaq.com/articles/pre-market-most-active-may-5-2017-vwr-nok-mt-lyg-invn-ibm-mfa-qqq-sncr-aaoi-znga-fb-2017
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The NASDAQ 100 Pre-Market Indicator is up 4.23 to 5,630.55. The total Pre-Market volume is currently 8,540,175 shares traded.
The following are the most active stocks for the pre-market session :
VWR Corporation ( VWR ) is -0.92 at $33.13, with 4,770,306 shares traded. Seeking Alpha Reports: Risk Arbitrage Today: Can Westar's Merger Be Saved?
Nokia Corporation ( NOK ) is +0.07 at $6.10, with 1,538,458 shares traded., following a 52-week high recorded in prior regular session.
ArcelorMittal ( MT ) is +0.21 at $7.79, with 1,369,050 shares traded. Market Realist Reports: US Steel Prices: Analyzing the Bullish Drivers
Lloyds Banking Group Plc ( LYG ) is -0.03 at $3.70, with 750,100 shares traded. LYG's current last sale is 162.28% of the target price of $2.28.
InvenSense, Inc. ( INVN ) is -0.16 at $12.72, with 590,247 shares traded.INVN is scheduled to provide an earnings report on 5/8/2017, for the fiscal quarter ending Mar2017. The consensus earnings per share forecast is 999 per share, which represents a -8 percent increase over the EPS one Year Ago
International Business Machines Corporation ( IBM ) is -5.2 at $153.85, with 370,732 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $3.38. IBM's current last sale is 92.68% of the target price of $166.
MFA Financial, Inc. ( MFA ) is -0.33 at $7.85, with 357,690 shares traded. MFA's current last sale is 98.13% of the target price of $8.
PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.18 at $137.22, with 112,272 shares traded. This represents a 34.86% increase from its 52 Week Low.
Synchronoss Technologies, Inc. ( SNCR ) is +2.8 at $18.25, with 94,562 shares traded.SNCR is scheduled to provide an earnings report on 5/9/2017, for the fiscal quarter ending Mar2017. The consensus earnings per share forecast is 0.13 per share, which represents a 35 percent increase over the EPS one Year Ago
Applied Optoelectronics, Inc. ( AAOI ) is +4.49 at $51.30, with 93,939 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2017. The consensus EPS forecast is $0.94. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range".
Zynga Inc. ( ZNGA ) is +0.25 at $3.09, with 86,798 shares traded. ZNGA's current last sale is 103% of the target price of $3.
Facebook, Inc. ( FB ) is +0.35 at $151.20, with 73,881 shares traded. As reported by Zacks, the current mean recommendation for FB is in the "buy range".
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The consensus earnings per share forecast is 0.13 per share, which represents a 35 percent increase over the EPS one Year Ago Applied Optoelectronics, Inc. ( AAOI ) is +4.49 at $51.30, with 93,939 shares traded. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range". Market Realist Reports: US Steel Prices: Analyzing the Bullish Drivers Lloyds Banking Group Plc ( LYG ) is -0.03 at $3.70, with 750,100 shares traded.
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The consensus earnings per share forecast is 0.13 per share, which represents a 35 percent increase over the EPS one Year Ago Applied Optoelectronics, Inc. ( AAOI ) is +4.49 at $51.30, with 93,939 shares traded. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range". The following are the most active stocks for the pre-market session : VWR Corporation ( VWR ) is -0.92 at $33.13, with 4,770,306 shares traded.
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The consensus earnings per share forecast is 0.13 per share, which represents a 35 percent increase over the EPS one Year Ago Applied Optoelectronics, Inc. ( AAOI ) is +4.49 at $51.30, with 93,939 shares traded. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range". InvenSense, Inc. ( INVN ) is -0.16 at $12.72, with 590,247 shares traded.INVN is scheduled to provide an earnings report on 5/8/2017, for the fiscal quarter ending Mar2017.
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The consensus earnings per share forecast is 0.13 per share, which represents a 35 percent increase over the EPS one Year Ago Applied Optoelectronics, Inc. ( AAOI ) is +4.49 at $51.30, with 93,939 shares traded. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range". The NASDAQ 100 Pre-Market Indicator is up 4.23 to 5,630.55.
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53799c4f-8c0c-4bbd-8cdd-43028df9e3d0
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10044.0
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2017-05-05 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for May 5th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-may-5th-2017-05-05
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 5 th :
Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained 43.6% in the last three months. The company possesses a Momentum Score of B.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
CAI International, Inc. (CAI) : This transportation finance and logistics company has seen the Zacks Consensus Estimate for its current year earnings advancing 26.6% over the last 60 days.
CAI International, Inc. Price and Consensus
CAI International, Inc. Price and Consensus | CAI International, Inc. Quote
CAI International's shares gained 24.3% over the last three months. The company possesses a Momentum Score of A.
CAI International, Inc. Price
CAI International, Inc. Price | CAI International, Inc. Quote
HDFC Bank Limited (HDB) : This bank has witnessed the Zacks Consensus Estimate for its current year earnings rising 4% over the last 60 days.
HDFC Bank Limited Price and Consensus
HDFC Bank Limited Price and Consensus | HDFC Bank Limited Quote
HDFC Bank's shares gained 14.4% over the last three months. The company possesses a Momentum Score of B.
HDFC Bank Limited Price
HDFC Bank Limited Price | HDFC Bank Limited Quote
Louisiana-Pacific Corporation (LPX): This manufacturer of building products has witnessed the Zacks Consensus Estimate for its current year earnings rising 6.6% over the last 60 days.
Louisiana-Pacific Corporation Price and Consensus
Louisiana-Pacific Corporation Price and Consensus | Louisiana-Pacific Corporation Quote
Louisiana-Pacific's shares gained 26.7% over the last three months. The company possesses a Momentum Score of A.
Louisiana-Pacific Corporation Price
Louisiana-Pacific Corporation Price | Louisiana-Pacific Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
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
Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report
HDFC Bank Limited (HDB): Free Stock Analysis Report
CAI International, Inc. (CAI): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 5 th : Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report HDFC Bank Limited (HDB): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of A. Louisiana-Pacific Corporation Price Louisiana-Pacific Corporation Price | Louisiana-Pacific Corporation Quote See the full list of top ranked stocks here Learn more about the Momentum score and how it is calculated here Zacks' 2017 IPO Watch List Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar.
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Click to get this free report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report HDFC Bank Limited (HDB): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 5 th : Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. The company possesses a Momentum Score of A. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote HDFC Bank Limited (HDB) : This bank has witnessed the Zacks Consensus Estimate for its current year earnings rising 4% over the last 60 days.
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Click to get this free report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report HDFC Bank Limited (HDB): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 5 th : Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. The company possesses a Momentum Score of A. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote HDFC Bank Limited (HDB) : This bank has witnessed the Zacks Consensus Estimate for its current year earnings rising 4% over the last 60 days.
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Click to get this free report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report HDFC Bank Limited (HDB): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 5 th : Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. The company possesses a Momentum Score of A. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote HDFC Bank Limited (HDB) : This bank has witnessed the Zacks Consensus Estimate for its current year earnings rising 4% over the last 60 days.
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8525a14a-6a23-4c0c-b74e-99eb6037f0fb
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10045.0
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2017-05-05 00:00:00 UTC
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Why Shares of Applied Optoelectronics Jumped Today
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AAOI
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https://www.nasdaq.com/articles/why-shares-applied-optoelectronics-jumped-today-2017-05-05
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nan
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nan
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What happened
Shares of Applied Optoelectronics (NASDAQ: AAOI) jumped on Friday following a first-quarter report that beat analyst expectations. Revenue nearly doubled as the fiber-optic networking company saw strong demand for its products, leading investors to push the shares 16.5% higher by 12:45 p.m. EDT.
So what
Applied Optoelectronics reported first-quarter revenue of $96.2 million, up 91% year over year and a bit more than $1 million higher than the average analyst estimate. Cable broadband revenue rose 90% to $13.1 million, data center revenue jumped 104% to $79.6 million, and fiber-to-the-home revenue contracted 77% to just $98,000.
Non-GAAP earnings per share came in at $1.10, up from a loss of $0.04 during the first quarter of 2016 and $0.12 better than analysts expected. Non-GAAP gross margin expanded to 43.2%, up from 28.3% in the prior-year period. Higher revenue, a fatter gross margin, and a slow increase in operating expenses led to the surge in the bottom line.
President and CEO Dr. Thompson Lin spoke broadly about the first quarter:
Now what
The company expects to produce second-quarter revenue between $106 million and $112 million, up from $55 million during the second quarter of 2016. Non-GAAP gross margin is expected between 41% and 42.5% and non-GAAP EPS between $1.09 and $1.19.
Applied Optoelectronics kept growing rapidly during the first quarter. With guidance calling for this explosive growth to continue, it's no surprise that investors bid up the stock.
10 stocks we like better than Applied Optoelectronics
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Timothy Green has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What happened Shares of Applied Optoelectronics (NASDAQ: AAOI) jumped on Friday following a first-quarter report that beat analyst expectations. Revenue nearly doubled as the fiber-optic networking company saw strong demand for its products, leading investors to push the shares 16.5% higher by 12:45 p.m. EDT. Higher revenue, a fatter gross margin, and a slow increase in operating expenses led to the surge in the bottom line.
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What happened Shares of Applied Optoelectronics (NASDAQ: AAOI) jumped on Friday following a first-quarter report that beat analyst expectations. So what Applied Optoelectronics reported first-quarter revenue of $96.2 million, up 91% year over year and a bit more than $1 million higher than the average analyst estimate. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.
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What happened Shares of Applied Optoelectronics (NASDAQ: AAOI) jumped on Friday following a first-quarter report that beat analyst expectations. So what Applied Optoelectronics reported first-quarter revenue of $96.2 million, up 91% year over year and a bit more than $1 million higher than the average analyst estimate. President and CEO Dr. Thompson Lin spoke broadly about the first quarter: Now what The company expects to produce second-quarter revenue between $106 million and $112 million, up from $55 million during the second quarter of 2016.
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What happened Shares of Applied Optoelectronics (NASDAQ: AAOI) jumped on Friday following a first-quarter report that beat analyst expectations. Non-GAAP earnings per share came in at $1.10, up from a loss of $0.04 during the first quarter of 2016 and $0.12 better than analysts expected. Applied Optoelectronics kept growing rapidly during the first quarter.
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66eb3860-4353-4919-926a-2d90b07553f4
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10046.0
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2017-05-04 00:00:00 UTC
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Qorvo (QRVO) Q4 Earnings Meet, Revenues Miss Estimates
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AAOI
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https://www.nasdaq.com/articles/qorvo-qrvo-q4-earnings-meet-revenues-miss-estimates-2017-05-04
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Qorvo Inc.QRVO reported fourth-quarter fiscal 2017 non-GAAP earnings of 74 cents per share (including stock-based compensation), which was in line with the Zacks Consensus Estimate.
Earnings (excluding stock-based compensation) were 85 cents per share, which plunged 18.3% from the year-ago quarter and was within the company's guided range of 70-90 cents per share.
Revenues improved 5.7% year over year to $643 million, which lagged the Zacks Consensus Estimate of $645 million. Further, the figure was within management's guided range of $610-$650 million.
Qorvo, Inc. Price, Consensus and EPS Surprise
Qorvo, Inc. Price, Consensus and EPS Surprise | Qorvo, Inc. Quote
Revenues increased 16% over fiscal 2016 to $3.03 billion in fiscal 2017. However, Qorvo reported loss of 13 cents per share as compared with loss of 20 cents in fiscal 2016. Non-GAAP earnings were $4.57 per share in fiscal 2017.
Shares fell more than 2% in after-hour trading following the result. We note that Qorvo has outperformed the S&P 500 Index on a year-to-date basis. While the stock has returned 25.6%, the index gained 7%.
Quarter Details
Segment-wise, Mobile Products (MP) revenues increased 2% year over year to $474 million. Strong customer adoption was observed for the company's recently launched BAW 5-based products.
Revenues from IDP grew 18% year over year to $168 million on the back of growth in WiFi, defense and IoT markets. In the defense and aerospace markets, revenues grew more than 20% year-over-year, driven by GaN-based products. In WiFi, IDP grew more than 40% year over year, with notable strength in 5 gigahertz PAs and 802.11ac FEMs.
Non-GAAP gross margin contracted 330 basis points (bps) from the year-ago quarter to 45.6%. The figure includes stock-based compensation expense.
Both non-GAAP research & development (R&D) and selling, general & administrative (SG&A) expense as percentage of revenues increased 30 bps, respectively.
As a result, operating margin contracted 390 bps to 18.3%. The figure includes stock-based compensation expense.
Balance Sheet & Cash Flow
As of Apr 1, 2017, cash and cash equivalents were $545.5 million up from $495.8 million as of Dec 31, 2016. Long-term debt was $989.2 million as compared with $988.9 million at the end of the previous quarter.
Net cash provided by operating activities was $247.1 million (up from $220 million in the previous quarter) with free cash flow of $81.3 million (down from $83.9 million in the previous quarter) at the end of the quarter.
Further, Qorvo returned $51 million to shareholders under its ongoing $500 million repurchase program.
Guidance
Qorvo expects non-GAAP revenues in first-quarter fiscal 2018 to be approximately $610-$650 million. The company expects to expand revenue share at its largest customer later this year. Management expects BAW-based revenues to represent approximately 40% of mobile's revenues in fiscal 2019.
Qorvo anticipates gross margin of approximately 47%. Management expects operating expenses to increase almost $5 million sequentially on higher R&D costs. Earnings are expected to be in the range of 70-90 cents per share.
Qorvo forecasts revenues to strengthen through fiscal 2018. Management expects strong revenue growth, along with higher BAW-based product mix, higher utilization rates and ongoing productivity and quality improvements to help it achieve 50% gross margin target exiting fiscal 2018.
The company anticipates operating expense efficiency to continue to improve and forecast operating expenses to be approximately 20% of sales for the year. The company is confident that it will hit target of 30% operating margin during the fiscal year.
Capital expenditure is currently forecast to decline to almost $400 million. The company expects free cash flow to double from fiscal year 2017 to 2018.
Stocks to Consider
Applied Optoelectronics AAOI , Texas Instruments TXN and Advanced Micro Devices AMD are stocks worth watching in the broader industry. While Applied Optoelectronics and Texas Instruments sport a Zacks Rank #1 (Strong Buy), AMD carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term earnings growth for Applied Optoelectronics, Texas Instruments and AMD are currently pegged at 20%, 9.6% and 6.3%, respectively.
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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
Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Texas Instruments Incorporated (TXN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Applied Optoelectronics AAOI , Texas Instruments TXN and Advanced Micro Devices AMD are stocks worth watching in the broader industry. Click to get this free report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Qorvo Inc.QRVO reported fourth-quarter fiscal 2017 non-GAAP earnings of 74 cents per share (including stock-based compensation), which was in line with the Zacks Consensus Estimate.
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Stocks to Consider Applied Optoelectronics AAOI , Texas Instruments TXN and Advanced Micro Devices AMD are stocks worth watching in the broader industry. Click to get this free report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Qorvo, Inc. Price, Consensus and EPS Surprise Qorvo, Inc. Price, Consensus and EPS Surprise | Qorvo, Inc. Quote Revenues increased 16% over fiscal 2016 to $3.03 billion in fiscal 2017.
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Click to get this free report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Applied Optoelectronics AAOI , Texas Instruments TXN and Advanced Micro Devices AMD are stocks worth watching in the broader industry. Revenues improved 5.7% year over year to $643 million, which lagged the Zacks Consensus Estimate of $645 million.
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Stocks to Consider Applied Optoelectronics AAOI , Texas Instruments TXN and Advanced Micro Devices AMD are stocks worth watching in the broader industry. Click to get this free report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Revenues improved 5.7% year over year to $643 million, which lagged the Zacks Consensus Estimate of $645 million.
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83571079-7fbb-4340-bd46-14503a182f98
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10047.0
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2017-05-04 00:00:00 UTC
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Infineon (IFNNY) Q2 Earnings Miss, Revenues Beat Estimates
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AAOI
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https://www.nasdaq.com/articles/infineon-ifnny-q2-earnings-miss-revenues-beat-estimates-2017-05-04
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nan
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nan
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Infineon Technologies AG IFNNY reported second-quarter adjusted earnings of 21 cents per share, which missed the Zacks Consensus Estimate by 4 cents but increased almost 9% on a year-over-year basis.
Moreover, revenues increased 9.7% year over year to $1.89 billion in the quarter, slightly better than the Zacks Consensus Estimate of $1.88 billion. The top-line growth came on the back of strong sales in three of the company's four business segments. Power now represents almost 60% of revenues in the reported quarter.
The quarterly results demonstrated Infineon's strong growth prospects in the automotive market. The company's products are currently used by eight of the top-10 electric vehicle makers including Tesla TSLA , BMW and Renault. Moreover, the company's focus on developing energy-efficient solutions will be a key catalyst going ahead.
Automatic Data Processing, Inc. Price, Consensus and EPS Surprise
Automatic Data Processing, Inc. Price, Consensus and EPS Surprise | Automatic Data Processing, Inc. Quote
We note that Infineon has outperformed the Zacks Electronics Semiconductors industry on a year-to-date basis. While the stock returned 19.6%, the industry gained 17%.
Quarter Details
Automotive (ATV) revenues increased 16.7% year over year to $836.2 million. Continued high demand for driver assistance systems and products deployed in hybrid and electric vehicles drove the results.
Industrial Power Control (IPC) revenues increased 10.6% year over year to $312.9 million. The growth was attributed to strong demand in home appliances, traction, electric drives, photovoltaic's and win power.
Power Management & Multi-market (PMM) revenues increased 5.3% on a year-over-year basis to $555.4 million. Strong demand in AC/DC conversion and DC/DC conversion drove the results.
Moreover, Chip Card & Security (CCS) revenues declined 6.6% from the year-ago quarter to $180.5 million. Lower demand for conventional SIM cards was primarily responsible for the decline.
Segment-wise, ATV, Industrial Power Control, and Power Management & Multi-market operating margins expanded 420 basis points (bps), 450 bps and 90 bps, respectively. Chip Card & Security operating margins contracted 270 bps from the year-ago quarter.
In total, operating margin expanded 210 bps on a year-over-year basis to 12.8%.
Guidance
For third-quarter 2017, Infineon expects revenues to increase 3% (+/- 2%) sequentially. At the mid-point of the forecast revenue range, the segment operating margin is expected to be 17.5%.
For fiscal 2017, Infineon continues to forecast revenue growth around 8%-11% and a segment operating margin of 17% at the mid-point of revenue guidance.
Zacks Rank & Key Picks
Infineon currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI and Texas Instruments TXN . Both the stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term earnings growth rate for Applied Optoelectronics and Texas Instrument is currently pegged at 20% and 9.6%, respectively.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
Tesla Inc. (TSLA): Free Stock Analysis Report
Infineon Technologies AG (IFNNY): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Texas Instruments Incorporated (TXN): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI and Texas Instruments TXN . Click to get this free report Tesla Inc. (TSLA): Free Stock Analysis Report Infineon Technologies AG (IFNNY): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Continued high demand for driver assistance systems and products deployed in hybrid and electric vehicles drove the results.
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Click to get this free report Tesla Inc. (TSLA): Free Stock Analysis Report Infineon Technologies AG (IFNNY): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI and Texas Instruments TXN . Automatic Data Processing, Inc. Price, Consensus and EPS Surprise Automatic Data Processing, Inc. Price, Consensus and EPS Surprise | Automatic Data Processing, Inc. Quote We note that Infineon has outperformed the Zacks Electronics Semiconductors industry on a year-to-date basis.
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Click to get this free report Tesla Inc. (TSLA): Free Stock Analysis Report Infineon Technologies AG (IFNNY): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI and Texas Instruments TXN . Moreover, revenues increased 9.7% year over year to $1.89 billion in the quarter, slightly better than the Zacks Consensus Estimate of $1.88 billion.
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Click to get this free report Tesla Inc. (TSLA): Free Stock Analysis Report Infineon Technologies AG (IFNNY): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the broader sector include Applied Optoelectronics AAOI and Texas Instruments TXN . Industrial Power Control (IPC) revenues increased 10.6% year over year to $312.9 million.
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e3c5ca85-dfd3-4d13-b0b1-e8a4080109bf
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10048.0
|
2017-05-04 00:00:00 UTC
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Itron (ITRI) Earnings Top Estimates in Q1, Revenues Down Y/Y
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AAOI
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https://www.nasdaq.com/articles/itron-itri-earnings-top-estimates-in-q1-revenues-down-y-y-2017-05-04
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nan
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nan
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Itron, Inc.ITRI reported adjusted earnings of 57 cents per share in first-quarter 2017, up 30% from 44 cents recorded in the year-ago quarter. Earnings also surpassed the Zacks Consensus Estimate of 51 cents by a margin of around 12%.
Including one-time items, the company reported earnings of 40 cents per share, up 54% from 26 cents witnessed in the prior-year quarter.
Total revenue decreased around 4% year over year to $478 million, but handily beat the Zacks Consensus Estimate of $454 million. Foreign currency exchange rates had an unfavorable impact of around $5 million on revenues. Improvement in the Electricity segment was offset by decline in the Gas and Water segments.
Itron, Inc. Price, Consensus and EPS Surprise
Itron, Inc. Price, Consensus and EPS Surprise | Itron, Inc. Quote
Cost of goods sold went down 4% to $320.4 million from $334.4 million recorded in the year-earlier quarter. Gross profit decreased 3.7% year over year to $157 million. Gross margin advanced 10 basis points (bps) year over year to 33%, driven by favorable product mix, primarily in the Gas segment.
Adjusted operating expenses decreased 8.8% year over year to $119.6 million. Itron posted adjusted operating income of $37.6 million compared with $32 million posted in the year-ago quarter. Operating margin expanded 150 bps to 7.9% in the quarter.
Segment Performance
Electricity Segment: Net sales at the Electricity segment climbed 9.9% year over year to $238.8 million in first-quarter 2017. The segment reported adjusted operating income of $22.7 million, up 32% from $19 million in the year-ago quarter.
Gas Segment: The segment's sales dropped 10.8% year over year to $124 million. Adjusted operating income came in at $23.6 million, up 23% year over year.
Water Segment: The Water segment reported sales of $114.6 million, down 18.7% from $141 million recorded in the prior-year quarter. The segment reported adjusted operating profit of $10.7 million, plunging 45% from $19.3 million posted in the comparable period last year.
Financial Position
Itron had cash and cash equivalents of $187.9 million at the end of first-quarter 2017 compared with $133.6 million at the end of 2016. The company recorded cash from operations of $63.3 million in the reported quarter compared with $33.8 million recorded in the year-ago quarter.
Bookings and Backlog
Itron had bookings of $424 million in first-quarter 2017. In the reported quarter, backlog came in at $1.6 billion and the 12-month backlog totaled $819 million, up 7% and 4%, respectively, compared with first-quarter 2016.
Itron anticipates that its investment in the OpenWay Riva IoT solution and differentiated software and services offerings, combined with ongoing operational discipline, will drive financial results.
Share Price Performance
In the past one year, Itron has unperformed the Zacks categorized Electronics Testing Equipment sub-industry. The company's shares have gained around 51% compared with nearly 53.5% growth recorded by the industry.
Itron currently carries a Zacks Rank #2 (Buy).
Other Key Picks
Other stocks worth considering in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Axcelis Technologies, Inc. ACLS . All of these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
APPLIED OPTOELECTRONICS has a remarkable positive average earnings surprise of 116.49% for the last four quarters. Teradyne generated a positive average earnings surprise of 25.10% over the trailing four quarters. Axcelis Technologies has delivered an impressive average positive earnings surprise of 151.25% in the past four quarters.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Itron, Inc. (ITRI): Free Stock Analysis Report
Teradyne, Inc. (TER): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Key Picks Other stocks worth considering in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Axcelis Technologies, Inc. ACLS . Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Itron, Inc. (ITRI): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Itron anticipates that its investment in the OpenWay Riva IoT solution and differentiated software and services offerings, combined with ongoing operational discipline, will drive financial results.
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Other Key Picks Other stocks worth considering in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Axcelis Technologies, Inc. ACLS . Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Itron, Inc. (ITRI): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Itron, Inc. Price, Consensus and EPS Surprise Itron, Inc. Price, Consensus and EPS Surprise | Itron, Inc. Quote Cost of goods sold went down 4% to $320.4 million from $334.4 million recorded in the year-earlier quarter.
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Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Itron, Inc. (ITRI): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks Other stocks worth considering in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Axcelis Technologies, Inc. ACLS . Itron, Inc. Price, Consensus and EPS Surprise Itron, Inc. Price, Consensus and EPS Surprise | Itron, Inc. Quote Cost of goods sold went down 4% to $320.4 million from $334.4 million recorded in the year-earlier quarter.
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Other Key Picks Other stocks worth considering in the same space include APPLIED OPTOELECTRONICS, INC. AAOI , Teradyne, Inc. TER and Axcelis Technologies, Inc. ACLS . Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Itron, Inc. (ITRI): Free Stock Analysis Report Teradyne, Inc. (TER): Free Stock Analysis Report To read this article on Zacks.com click here. Itron, Inc.ITRI reported adjusted earnings of 57 cents per share in first-quarter 2017, up 30% from 44 cents recorded in the year-ago quarter.
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57c67353-0a97-4ed0-ba57-6fb2d1edb9af
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10049.0
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2017-05-04 00:00:00 UTC
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Sequans Communications (SQNS) Catches Eye: Stock Rises 9.3%
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AAOI
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https://www.nasdaq.com/articles/sequans-communications-sqns-catches-eye%3A-stock-rises-9.3-2017-05-04
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nan
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nan
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Sequans Communications S.A.SQNS was a big mover last session, as its shares rose over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 38.7% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Sequans Communications currently carries a Zacks Rank #2 (Buy).
Sequans Communications S.A. Price
Sequans Communications S.A. Price | Sequans Communications S.A. Quote
Another top ranked stock in the Electronics - Semiconductors space is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Is SQNS going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
Sequans Communications S.A. (SQNS): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Sequans Communications S.A. Price Sequans Communications S.A. Price | Sequans Communications S.A. Quote Another top ranked stock in the Electronics - Semiconductors space is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Sequans Communications S.A. (SQNS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
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Sequans Communications S.A. Price Sequans Communications S.A. Price | Sequans Communications S.A. Quote Another top ranked stock in the Electronics - Semiconductors space is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Sequans Communications S.A. (SQNS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Sequans Communications S.A. Price Sequans Communications S.A. Price | Sequans Communications S.A. Quote Another top ranked stock in the Electronics - Semiconductors space is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Sequans Communications S.A. (SQNS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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Sequans Communications S.A. Price Sequans Communications S.A. Price | Sequans Communications S.A. Quote Another top ranked stock in the Electronics - Semiconductors space is APPLIED OPTOELECTRONICS, INC. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Sequans Communications S.A. (SQNS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Sequans Communications S.A.SQNS was a big mover last session, as its shares rose over 9% on the day.
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d4b8ca24-4bc1-4f51-a768-15e9f4daa418
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10050.0
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2017-05-03 00:00:00 UTC
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HubSpot (HUBS) Q1 Loss Narrower than Expected, Revenues Up
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AAOI
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https://www.nasdaq.com/articles/hubspot-hubs-q1-loss-narrower-than-expected-revenues-up-2017-05-03
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nan
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nan
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HubSpot Inc.HUBS reported adjusted loss (including stock-based compensation) of 22 cents per share in first-quarter 2017, significantly narrower than the Zacks Consensus Estimate of a loss of 33 cents per share.
However, adjusted profit (excluding stock-based compensation) came in at 3 cents per share against the year-ago quarter loss of 11 cents per share.
Revenues surged 40% year over year to $82.3 million. Subscription revenues increased 41% to $77.5 million, while Professional services & other revenues increased 18% to $4.7 million.
HubSpot, Inc. Price, Consensus and EPS Surprise
HubSpot, Inc. Price, Consensus and EPS Surprise | HubSpot, Inc. Quote
Shares were up more than 6% in pre-market trading . We note that HubSpot (up 41.8%) outperformed the Zacks Internet Software industry (up 13.0%) on a year-to-date basis.
Quarter Details
Total customers increased 40% year over year to 31,262. Marketing customers increased 28% to 24,775. Average subscription revenue per customer was up 10% year over year to $12,598 backed by strong demand for $50 per month marketing starter product.
Deferred revenues grew 43% year over year to $106 million, while calculated billings, defined as revenue plus the change in deferred revenues, came in at $91 million, up 35% year over year.
International revenues grew 64% year over year, representing 30% of total revenue in the quarter.
Adjusted subscription revenue gross margin expanded 150 basis points (bps) from the year-ago quarter to 85%. Adjusted operating loss (including stock-based compensation) was $7.9 million compared with loss of $9.8 million in the year-ago quarter. The narrower loss was primarily attributable to an increase in subscription by 41%.
Capital expenditure (including capitalized software) was $7.4 million in the quarter, slightly down from $8.1 million in the year-ago quarter. Free cash flow was $12 million in the quarter.
Guidance
HubSpot forecasts revenues in the range of $85-$86 million for second quarter of 2017, which reflects sequential improvement of almost 4% at the mid-point. The Zacks Consensus Estimate is currently pegged at $84.5 million.
Management expects non-GAAP operating loss in the range of $1 million to breakeven for the quarter. Moreover, HubSpot expects non-GAAP net loss to be in the range 2 cents per share to breakeven. The Zacks Consensus Estimate (includes stock-based compensation) is currently pegged at a loss of 35 cents.
For full-year 2017, HubSpot expects revenues in the range of $355.5 million to $359.5 million. The Zacks Consensus Estimate for revenues is currently pegged at $352.12 million.
Non-GAAP operating loss is expected in the range of $3 million to $5 million. Non-GAAP net loss per share is expected to be between 4 cents and 10 cents. The Zacks Consensus Estimate (includes stock-based compensation) is currently pegged at a loss of $1.42.
The company expects free cash flow of around $13 million to $14 million for the year, which is much higher than the previously expected figure of around a couple of million dollars.
Zacks Rank & Other Key Picks
HubSpot currently carries a Zacks Rank #2 (Buy). Top-ranked stocks include Axcelis Technologies ACLS , Applied Optoelectronics AAOI and KLA-Tencor Corp. KLAC , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Earnings growth rate for Axcelis Technologies, Applied Optoelectronics and KLA-Tencor Corp is projected to be 20%, 20% and 21.24%, respectively.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report
HubSpot, Inc. (HUBS): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
KLA-Tencor Corporation (KLAC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Top-ranked stocks include Axcelis Technologies ACLS , Applied Optoelectronics AAOI and KLA-Tencor Corp. KLAC , all sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report HubSpot, Inc. (HUBS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report KLA-Tencor Corporation (KLAC): Free Stock Analysis Report To read this article on Zacks.com click here. Adjusted subscription revenue gross margin expanded 150 basis points (bps) from the year-ago quarter to 85%.
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Top-ranked stocks include Axcelis Technologies ACLS , Applied Optoelectronics AAOI and KLA-Tencor Corp. KLAC , all sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report HubSpot, Inc. (HUBS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report KLA-Tencor Corporation (KLAC): Free Stock Analysis Report To read this article on Zacks.com click here. HubSpot, Inc. Price, Consensus and EPS Surprise HubSpot, Inc. Price, Consensus and EPS Surprise | HubSpot, Inc. Quote Shares were up more than 6% in pre-market trading .
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Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report HubSpot, Inc. (HUBS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report KLA-Tencor Corporation (KLAC): Free Stock Analysis Report To read this article on Zacks.com click here. Top-ranked stocks include Axcelis Technologies ACLS , Applied Optoelectronics AAOI and KLA-Tencor Corp. KLAC , all sporting a Zacks Rank #1 (Strong Buy). HubSpot Inc.HUBS reported adjusted loss (including stock-based compensation) of 22 cents per share in first-quarter 2017, significantly narrower than the Zacks Consensus Estimate of a loss of 33 cents per share.
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Top-ranked stocks include Axcelis Technologies ACLS , Applied Optoelectronics AAOI and KLA-Tencor Corp. KLAC , all sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report HubSpot, Inc. (HUBS): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report KLA-Tencor Corporation (KLAC): Free Stock Analysis Report To read this article on Zacks.com click here. Revenues surged 40% year over year to $82.3 million.
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55315971-eb1f-424f-b9ef-60577169d6d5
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10051.0
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2017-05-03 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for May 3rd
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-may-3rd-2017-05-03
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nan
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nan
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 3 rd :
CAI International, Inc. (CAI) : This transportation finance and logistics company has seen the Zacks Consensus Estimate for its current year earnings advancing 26.6% over the last 60 days.
CAI International, Inc. Price and Consensus
CAI International, Inc. Price and Consensus | CAI International, Inc. Quote
CAI International's shares gained 29.7% over the last three months. The company possesses a Momentum Score of B.
CAI International, Inc. Price
CAI International, Inc. Price | CAI International, Inc. Quote
Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained 51.8% over the past three months. The company possesses a Momentum Score of B.
DST Systems, Inc. (DST): This technology-based information processing solutions provider has witnessed the Zacks Consensus Estimate for its current year earnings rising 2.3% over the last 60 days.
DST Systems, Inc. Price and Consensus
DST Systems, Inc. Price and Consensus | DST Systems, Inc. Quote
DST Systems' shares gained 3.7% over the last three months. The company possesses a Momentum Score of A.
DST Systems, Inc. Price
DST Systems, Inc. Price | DST Systems, Inc. Quote
Pampa Energía S.A . (PAM) : This electricity company has witnessed the Zacks Consensus Estimate for its current year earnings jumping more than 100% over the last 60 days.
Pampa Energia S.A. Price and Consensus
Pampa Energia S.A. Price and Consensus | Pampa Energia S.A. Quote
Pampa Energía's shares gained 24.7% over the last three months. The company possesses a Momentum Score of B.
Pampa Energia S.A. Price
Pampa Energia S.A. Price | Pampa Energia S.A. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think. See This Ticker Free >>
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
Pampa Energia S.A. (PAM): Free Stock Analysis Report
CAI International, Inc. (CAI): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company possesses a Momentum Score of B. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Pampa Energia S.A. (PAM): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (PAM) : This electricity company has witnessed the Zacks Consensus Estimate for its current year earnings jumping more than 100% over the last 60 days.
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The company possesses a Momentum Score of B. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Pampa Energia S.A. (PAM): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. CAI International, Inc. Price and Consensus CAI International, Inc. Price and Consensus | CAI International, Inc. Quote CAI International's shares gained 29.7% over the last three months.
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The company possesses a Momentum Score of B. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Pampa Energia S.A. (PAM): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. CAI International, Inc. Price and Consensus CAI International, Inc. Price and Consensus | CAI International, Inc. Quote CAI International's shares gained 29.7% over the last three months.
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The company possesses a Momentum Score of B. CAI International, Inc. Price CAI International, Inc. Price | CAI International, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Pampa Energia S.A. (PAM): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 3 rd : CAI International, Inc. (CAI) : This transportation finance and logistics company has seen the Zacks Consensus Estimate for its current year earnings advancing 26.6% over the last 60 days.
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5965ef5b-840b-4206-9f68-0d9999d8ab84
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10052.0
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2017-05-03 00:00:00 UTC
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IPG Photonics (IPGP) Catches Eye: Stock Adds 7.5% in Session
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AAOI
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https://www.nasdaq.com/articles/ipg-photonics-ipgp-catches-eye%3A-stock-adds-7.5-in-session-2017-05-03
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IPG Photonics CorporationIPGP was a big mover last session, as its shares rose over 7% on the day. The move came after the company reported encouraging first-quarter 2017 financial results. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 14% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
IPG Photonics currently carries a Zacks Rank #3 (Hold).
IPG Photonics Corporation Price
IPG Photonics Corporation Price | IPG Photonics Corporation Quote
A better-ranked stock from the broader Computer and Technology space is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Is IPGP going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
IPG Photonics Corporation (IPGP): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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IPG Photonics Corporation Price IPG Photonics Corporation Price | IPG Photonics Corporation Quote A better-ranked stock from the broader Computer and Technology space is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report IPG Photonics Corporation (IPGP): Free Stock Analysis Report To read this article on Zacks.com click here. IPG Photonics CorporationIPGP was a big mover last session, as its shares rose over 7% on the day.
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IPG Photonics Corporation Price IPG Photonics Corporation Price | IPG Photonics Corporation Quote A better-ranked stock from the broader Computer and Technology space is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report IPG Photonics Corporation (IPGP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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IPG Photonics Corporation Price IPG Photonics Corporation Price | IPG Photonics Corporation Quote A better-ranked stock from the broader Computer and Technology space is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report IPG Photonics Corporation (IPGP): Free Stock Analysis Report To read this article on Zacks.com click here. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report IPG Photonics Corporation (IPGP): Free Stock Analysis Report To read this article on Zacks.com click here. IPG Photonics Corporation Price IPG Photonics Corporation Price | IPG Photonics Corporation Quote A better-ranked stock from the broader Computer and Technology space is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). IPG Photonics CorporationIPGP was a big mover last session, as its shares rose over 7% on the day.
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3149fa6d-a0f7-424e-bbf9-08045bc5afc0
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10053.0
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2017-05-02 00:00:00 UTC
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Nasdaq Rallies on Stellar Tech Show: 5 Solid Earnings Picks
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AAOI
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https://www.nasdaq.com/articles/nasdaq-rallies-on-stellar-tech-show%3A-5-solid-earnings-picks-2017-05-02
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nan
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nan
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The Nasdaq Composite Index scaled a record high this Monday, courtesy of solid earnings results from the technology sector so far this reporting cycle. The tech-heavy benchmark inched up 0.7% to close at 6,091.60, slightly lower than the intraday high of 6,100.73.
Positive sentiments regarding Apple Inc.'s (AAPL) soon-to-be-reported results are playing a key role behind the current Nasdaq upswing. The upside is also driven by the robust earnings performance of major technology bigwigs such as Netflix, Inc. (NFLX) and Alphabet Inc. (GOOGL).
Apple Boosts Tech Stocks
Apple's stock gained nearly 2%, during the May 1 trading session, to reach a record high of $146.58 per share. The company is slated to report second-quarter fiscal 2017 (Mar 31, 2017) results after the market closes . Higher demand for state-of-the-art products like iPhone and software services such as App store would likely boost Apple's top- and bottom-line performance in the quarter to be reported.
Our proven model shows that Apple is likely to beat on earnings this fiscal quarter (ended Mar 31, 2017), as it currently carries a favorable Zacks Rank #3 (Hold) and has a positive Earnings ESP . The Most Accurate estimate of $2.03 per share is higher than the Zacks Consensus Estimate of $2.01. This suggests that analysts have very recently revised their estimates upward for Apple, giving the stock an Earnings ESP of 1.00%.
In fact, we project earnings of all the technology stocks in the S&P 500 Index to witness 13.9% year-over-year growth, while revenues are likely to be up 6.1% (read more: The Tech Sector's Strong Earnings Power ).
Inside Story
Prime companies like Netflix and Alphabet reported better-than-expected earnings this season. On Apr 17, Netflix's first-quarter 2017 earnings of 40 cents surpassed the Zacks Consensus Estimate of 38 cents. The figure also came higher than the year-ago tally of 6 cents per share. The upside was stemmed by sound operational performance and sturdy year-over-year top-line growth.
Alphabet Inc. reported strong first-quarter 2017 results on Apr 27. Quarterly earnings of $7.73 per share surpassed the Zacks Consensus Estimate of $4.24. In addition, revenues of $24.8 billion exceeded the Zacks Consensus Estimate of $19.7 billion. The company noted that the stellar performance was backed by the benefits accrued from ongoing growth-based investments, stronger market demand and robust momentum across new business domains.
Overall, 30 out of the 62 S&P 500 companies have reported earnings till Apr 28, accounting for 57.4% of the sector's total market capitalization, with 80% topping EPS (earnings per share) estimates and 73.3% coming in ahead of top-line expectations.
5 Best Tech Stocks for Your Portfolio
We have zeroed in on five hot technology stocks below, with the help of our Zacks Stock Screener . These stocks not only sport a Zacks Rank #1 (Strong Buy), but also are poised for significant growth in the near term. You can see the complete list of today's Zacks #1 Rank stocks here .
Notably, these picks flaunt a VGM score of 'A' or 'B'. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners.
Applied Optoelectronics, Inc. (AAOI) manufactures, designs and sells premium fiber-optic networking products. The company currently carries a VGM score 'B'. The projected earnings growth rate of the stock for this year is 220.90%, higher than the Electronics - Semiconductors industry's projected growth rate of 6.60%.
Lantronix, Inc. (LTRX) offers secured data management and access solutions in the market. The company currently carries a VGM score 'B'. The projected earnings growth rate of the stock for fiscal 2017 is 50.00%, higher than the Computer - Networking industry's projected growth rate of 15.50%.
MKS Instruments, Inc. (MKSI) provides subsystems, instruments and process control solutions in the global forum. The company currently holds a VGM score 'B'. The projected earnings growth rate of the stock for 2017 is 45.10%, higher than the Electronics - Manufacturing Machinery industry's projected growth rate of 36.70%.
PCTEL, Inc. (PCTI), along with its subsidiaries, provides critical telecom solutions in the market. The company currently holds a VGM score 'B'. The projected earnings growth rate of the stock for this year is 150.00%, as against the Wireless Equipment industry's projected negative growth rate of 4.90%.
Ultra Clean Holdings, Inc . (UCTT) creates, engineers, designs various types of tests production tools, subsystems and modules for the semiconductor equipment and capital equipment industry. The company currently holds a VGM score 'B'. The projected earnings growth rate of the stock for 2017 is 139.00%, as against the Electronics - Manufacturing Machinery industry's projected growth rate of 36.70%.
The Best & Worst of Zacks
Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 ""Strong Buys"" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 ""Strong Sells."" Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market. . See these critical buys and sells free >>
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
Lantronix, Inc. (LTRX): Free Stock Analysis Report
Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report
MKS Instruments, Inc. (MKSI): Free Stock Analysis Report
PC-Tel, Inc. (PCTI): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Applied Optoelectronics, Inc. (AAOI) manufactures, designs and sells premium fiber-optic networking products. Click to get this free report Lantronix, Inc. (LTRX): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The Nasdaq Composite Index scaled a record high this Monday, courtesy of solid earnings results from the technology sector so far this reporting cycle.
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Click to get this free report Lantronix, Inc. (LTRX): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics, Inc. (AAOI) manufactures, designs and sells premium fiber-optic networking products. The projected earnings growth rate of the stock for this year is 220.90%, higher than the Electronics - Semiconductors industry's projected growth rate of 6.60%.
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Click to get this free report Lantronix, Inc. (LTRX): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics, Inc. (AAOI) manufactures, designs and sells premium fiber-optic networking products. The projected earnings growth rate of the stock for this year is 220.90%, higher than the Electronics - Semiconductors industry's projected growth rate of 6.60%.
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Applied Optoelectronics, Inc. (AAOI) manufactures, designs and sells premium fiber-optic networking products. Click to get this free report Lantronix, Inc. (LTRX): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Our proven model shows that Apple is likely to beat on earnings this fiscal quarter (ended Mar 31, 2017), as it currently carries a favorable Zacks Rank #3 (Hold) and has a positive Earnings ESP .
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4a71a71b-f2ff-4fbd-b97c-36392913ba0b
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10054.0
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2017-05-02 00:00:00 UTC
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Advanced Micro (AMD) Posts Q1 Loss as Expected, Revenues Beat
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AAOI
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https://www.nasdaq.com/articles/advanced-micro-amd-posts-q1-loss-as-expected-revenues-beat-2017-05-02
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nan
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nan
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Advanced Micro DevicesAMD reported loss of 7 cents per share in first-quarter 2017, which matched the Zacks Consensus Estimate and was narrower than loss of 14 cents per share reported in the year-ago quarter.
Revenues increased 18.3% year over year to $984 million and exceeded the Zacks Consensus Estimate of $983 million. The year-over-year growth was primarily driven by higher GPU sales.
AMD's shares fell almost 13% in pre-market trading . We note that shares have outperformed the Zacks Electronics Semiconductors industry on a year-to-date basis. While the industry gained 18.5%, AMD returned 20.1%.
Quarter Details
Advanced Micro has two reportable segments - Computing and Graphics (focused on the traditional PC market), and Enterprise, Embedded and Semi-Custom (focusing on adjacent high-growth opportunities). The details of these segments are discussed below:
Advanced Micro Devices, Inc. Price, Consensus and EPS Surprise
Advanced Micro Devices, Inc. Price, Consensus and EPS Surprise | Advanced Micro Devices, Inc. Quote
Computing and Graphics includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics. This segment accounted for 60.3% of revenues and was up almost 29% year over year to $593 million. The year-over-year growth was driven primarily by higher desktop and graphics processor sales.
Client average selling price (ASP) increased year-over-year driven by desktop processor ASP. GPU ASP increased year-over-year primarily due to higher desktop GPU ASP.
The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties. This segment brought in the remaining 39.7% of revenues, up 5.1% year over year to $391 million. The year-over-year increase can be attributed to higher semi-custom SoC sales.
Product Highlights
During the quarter, AMD launched its first x86 Ryzen desktop processor, which is based on the new "Zen" core micro-architecture. The company introduced the Radeon RX 500 series line of GPUs based on a refined, second-generation "Polaris" architecture.
AMD is set to launch x86 server CPU, codenamed "Naples", in the second quarter. The company also announced collaboration with Microsoft MSFT to incorporate the cloud delivery features of "Naples" with Microsoft's "Project Olympus" server platform.
Moreover, Microsoft's new premium game console "Project Scorpio" will be powered by a highly-customized AMD SoC and is anticipated to be available for holiday 2017.
Further, AMD's "Vega" GPU architecture is on track to be launched in the second quarter. The company also announced the launch of the Radeon Pro Duo, the first "Polaris" architecture based dual-GPU graphics card.
Balance Sheet
Cash, cash equivalents & marketable securities were $943 million at the end of the first-quarter 2017, as compared with $1.26 billion at the end of the previous quarter.
Payables to related parties were $329 million in the quarter, which includes payables to GLOBALFOUNDRIES and ATMP JV. Total wafer purchases from GLOBALFOUNDRIES were $152 million in the reported quarter.
Long-term debt at the end of the quarter was $1.41 billion, down from $1.44 billion in the previous quarter primarily due to debt reduction activities.
Free cash outflow was $322 million, compared with free cash flow of $167 million in the previous quarter.
Guidance
AMD expects second-quarter 2017 revenues to increase 17% sequentially (+/- 3%). At mid-point this reflects 12% growth on a year-over-year basis.
Gross margin is likely to be 33%, while non-GAAP operating expenses are estimated to be $370 million.
Zacks Rank & Other Key Picks
Advanced Micro carries Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here .
Other top ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and Texas Instruments TXN , both sporting a Zacks Rank #1.
Long-term earnings growth for Applied Optoelectronics and Texas Instruments is currently pegged at 20% and 9.6%, respectively.
5 Trades Could Profit "Big-League" from Trump Policies
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Microsoft Corporation (MSFT): Free Stock Analysis Report
Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Texas Instruments Incorporated (TXN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other top ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and Texas Instruments TXN , both sporting a Zacks Rank #1. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, Microsoft's new premium game console "Project Scorpio" will be powered by a highly-customized AMD SoC and is anticipated to be available for holiday 2017.
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Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Other top ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and Texas Instruments TXN , both sporting a Zacks Rank #1. The details of these segments are discussed below: Advanced Micro Devices, Inc. Price, Consensus and EPS Surprise Advanced Micro Devices, Inc. Price, Consensus and EPS Surprise | Advanced Micro Devices, Inc. Quote Computing and Graphics includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics.
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Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Other top ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and Texas Instruments TXN , both sporting a Zacks Rank #1. Advanced Micro DevicesAMD reported loss of 7 cents per share in first-quarter 2017, which matched the Zacks Consensus Estimate and was narrower than loss of 14 cents per share reported in the year-ago quarter.
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Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Other top ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and Texas Instruments TXN , both sporting a Zacks Rank #1. Advanced Micro DevicesAMD reported loss of 7 cents per share in first-quarter 2017, which matched the Zacks Consensus Estimate and was narrower than loss of 14 cents per share reported in the year-ago quarter.
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2c4e25ce-c784-4a9a-b974-6b2a0c29bd94
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10055.0
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2017-04-28 00:00:00 UTC
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Zacks Investment Ideas feature highlights: Applied Optoelectronics, Amazon and Intel
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AAOI
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https://www.nasdaq.com/articles/zacks-investment-ideas-feature-highlights%3A-applied-optoelectronics-amazon-and-intel-2017
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nan
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nan
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For Immediate Release
Chicago, IL - April 28, 2017 - Today, Zacks Investment Ideas feature highlights Features: Applied Optoelectronics (NASDAQ: AAOI- Free Report ), Amazon (NASDAQ: AMZN- Free Report ) and Intel (NASDAQ: INTC- Free Report ).
A Different Option for Tech Investors
I am seeing something interesting in a stock that I have recently highlighted in another investment idea. Applied Optoelectronics (NASDAQ: AAOI- Free Report ) is a Zacks Rank #1 (Strong Buy) and is slated to report earnings on May 4. That said, I am seeing some big action in the May 50 calls.
As I write this I see volume of 2720 contracts with open interest of 2285. So while we don't know how many of those contracts that were already written or open were closed today, the implication is that a lot more new ones were initiated today. That is usually a bullish signal.
I see those calls trading at $3.70, an increase of around 63% for the day. The idea would be that the company will be above $53.70 on May 19... and while we cannot know the future we can take a look at some recent moves following earnings.
The most recent quarterly report was the December 2016 quarter that was released on February 23. That was a beat of the Zacks Consensus Estimate after the company had already raised guidance in January. Since that time we have seen another increase in guidance and estimates moving higher. We are expecting $96M on top and $0.95 on the bottom line.
Follow Brian Bolan on Twitter: @BBolan1
A Quicker Call
Tech investors always follow the earnings reports of Amazon (NASDAQ: AMZN- Free Report ). The retailer has killed tons of players, big and small. When the company started breaking out AWS sales we saw a big spike as the revenue and earnings of this division basically paid for the whole retailing sector. AMZN is reporting tonight after the close.
AMZN has historically been very conservative on the guidance front, so investors will be keying in more on the sales numbers that are expected to be $35.3B.
I am looking for some more clarity on the shipping/fulfillment end of the business and that could be a huge driver of margins down the road. Any word on improvements there and we could see the stock pop.
The options market is telling me that a move of about 5% is what is expected, but that tends to change along with the price. At approximate $920 at the time of writing this, we could see a close of around $966 tomorrow if investors like the report and follow the lead of the options market. That doesn't always happen, but since this article is looking at the options for investing I feel like this is a good one to take a gamble on.
The April 28 calls expire tomorrow and present an "all or nothing" style strategy. A miss and your calls will be worthless. A beat and expected move of about 5% makes the 960 calls the only bet. I see them trading around $4.45 right now. Which means they could be worth about $6 is everything works out.
I know this one is much more of a gamble than the other, but a 1 day holding period for the potential of a 50% win is pretty good. That said, if you want a little more time, wait until after earnings and look at the early June expirations. I see a little volume for the $970 strike price trading at $11.55.
Amazon is currently a Zacks Rank #3 (Hold) but sports a Growth Style Score of "A" and that is what I am all about.
Save Your Chips
Finally, we have Intel (NASDAQ: INTC- Free Report ) which has been on a great run of late. That said, the stock is still a Zacks Rank #4 (Sell) as estimates have been heading the wrong way.
When I dug deeper into that idea I see that the current quarter's estimates have held steady for the last 90 days at $0.65. Next quarter saw a one cent move in the wrong direction and there was a two cent move in the 2018 numbers. That tells me this is a "soft" Zacks Rank #4 (Sell) and could kick higher to a Zacks Rank #3 (Hold) as the Rank is all about the consensus earnings estimates.
INTC reports tonight and I really want to avoid this one. That said I want to take a look at the strike prices with the biggest open interest. I see the $36.5 calls have over 38K in open interest. On the other side of the ledger, the puts at the $34 strike have 31K in open interest.
Given the big run on this stock, I would not want to get too aggressive. This might be the spot we sit on the sidelines and just take it all in.
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Be sure to follow me on Twitter: @BBolan1
Want more articles from this author? Go to Zacks.com on this article and click the FOLLOW AUTHOR button to get an email each time a new article is published.
Brian Bolan is a Stock Strategist for Zacks.com.
He runs Stocks Under $10 Investor service where he looks for low priced stocks that are seeing positive earnings estimate revisions. This popular service has seen some strong early returns and offers a free trial via the Zacks Ultimate service.
Brian also runs the brand new Zacks Game Changers where he looks for stocks that are disrupting their industries and reaping big gains.
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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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Intel Corporation (INTC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - April 28, 2017 - Today, Zacks Investment Ideas feature highlights Features: Applied Optoelectronics (NASDAQ: AAOI- Free Report ), Amazon (NASDAQ: AMZN- Free Report ) and Intel (NASDAQ: INTC- Free Report ). Applied Optoelectronics (NASDAQ: AAOI- Free Report ) is a Zacks Rank #1 (Strong Buy) and is slated to report earnings on May 4. Click here for a peek at this private information>> Get the full Report on AAOI - FREE Get the full Report on AMZN - FREE Get the full Report on INTC - FREE Follow us on Twitter: https://twitter.com/ZacksResearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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For Immediate Release Chicago, IL - April 28, 2017 - Today, Zacks Investment Ideas feature highlights Features: Applied Optoelectronics (NASDAQ: AAOI- Free Report ), Amazon (NASDAQ: AMZN- Free Report ) and Intel (NASDAQ: INTC- Free Report ). Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics (NASDAQ: AAOI- Free Report ) is a Zacks Rank #1 (Strong Buy) and is slated to report earnings on May 4.
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For Immediate Release Chicago, IL - April 28, 2017 - Today, Zacks Investment Ideas feature highlights Features: Applied Optoelectronics (NASDAQ: AAOI- Free Report ), Amazon (NASDAQ: AMZN- Free Report ) and Intel (NASDAQ: INTC- Free Report ). Click here for a peek at this private information>> Get the full Report on AAOI - FREE Get the full Report on AMZN - FREE Get the full Report on INTC - FREE Follow us on Twitter: https://twitter.com/ZacksResearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - April 28, 2017 - Today, Zacks Investment Ideas feature highlights Features: Applied Optoelectronics (NASDAQ: AAOI- Free Report ), Amazon (NASDAQ: AMZN- Free Report ) and Intel (NASDAQ: INTC- Free Report ). Applied Optoelectronics (NASDAQ: AAOI- Free Report ) is a Zacks Rank #1 (Strong Buy) and is slated to report earnings on May 4. Click here for a peek at this private information>> Get the full Report on AAOI - FREE Get the full Report on AMZN - FREE Get the full Report on INTC - FREE Follow us on Twitter: https://twitter.com/ZacksResearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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40d2aea5-7b05-414b-ab52-2de83b54b359
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10056.0
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2017-04-27 00:00:00 UTC
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Teradata (TDC) Q1 Earnings Beat Estimates, Revenues Miss
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AAOI
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https://www.nasdaq.com/articles/teradata-tdc-q1-earnings-beat-estimates-revenues-miss-2017-04-27
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nan
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nan
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Teradata CorporationTDC reported first-quarter 2017 results, wherein adjusted earnings per share of 20 cents topped the Zacks Consensus Estimate of 19 cents. However, it declined 46% on a year-over-year basis.
The company reported non-GAAP earnings of 28 cents in the quarter, compared with 47 cents in the year-ago quarter.
Revenue Details
Total revenue of $491 million missed the Zacks Consensus Estimate of $498.4 million. Moreover, it plunged 9.9% on a year-over-year basis. This was mainly due to the company's ongoing business transformation activity, under which its large customers have begun shifting to subscription pricing offerings.
Products and Cloud revenues decreased 20% year over year to $166 million. Services revenues fell 4% on a year-over-year basis to $325 million. Revenues from Americas Data and Analytics decreased 9% year over year while that from International Data and Analytics grew 4% from the prior-year quarter.
Teradata Corporation Price, Consensus and EPS Surprise
Teradata Corporation Price, Consensus and EPS Surprise | Teradata Corporation Quote
Margin
Non-GAAP gross margin contracted 310 basis points (bps) from the year-ago quarter to 51.1% mainly due to lower volume.
The company reported non-GAAP operating income of $58 million, down from $92 million reported in the prior-year quarter. Non-GAAP operating margin shrunk to 11.8% from 18% reported year over year.
Balance Sheet
Teradata exited the quarter with $1.164 billion in cash and cash equivalents, compared with $917 million at the end of the previous-year quarter. Teradata had long-term debt of $523 million at the end of the first quarter comapred with $560 million at the end of first-quarter 2016.
In the first quarter, Teradata generated cash flow from operations of $248 million, compared with $250 million in the first quarter of 2016. Free cash flow generated was $230 million, compared with $224 million in the year-ago quarter.
Guidance
Total revenue for the second quarter of 2017 is expected to be approximately $510-$530 million. Non-GAAP earnings per share are expected in the range of 25-30 cents.
The Zacks Consensus Estimate for revenues and earnings per share for the current quarter is pegged at $531.13 million and 30 cents, respectively.
To Conclude
Teradata revenues are getting impacted by the company's ongoing business transformation. Earlier, management had pointed out that the transition will affect revenues in 2017 to the extent of 5-10%. Also, restructuring related costs, a sluggish spending environment in the domestic market and increasing competition from the likes of IBM Corp IBM and Oracle Corp ORCL and others will continue to weigh on its financials. Notably, the stock has underperformed the Zacks categorized Computer-Storage Devices industry in the last one year. The industry gained 58.08% in the said period while Teradata returned just 23.55%.
Currently, Teradata has a Zacks Rank #3 (Hold).
Stock to Consider
A better-ranked stock in the broader technology sector is APPLIED OPTOELECTRONICS, INC. AAOI , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
The company has delivered an average positive earnings surprise of 116.49% in the trailing four quarters.
The Best & Worst of Zacks
Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market. See these critical buys and sells free >>
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
Teradata Corporation (TDC): Free Stock Analysis Report
International Business Machines Corporation (IBM): Free Stock Analysis Report
Oracle Corporation (ORCL): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stock to Consider A better-ranked stock in the broader technology sector is APPLIED OPTOELECTRONICS, INC. AAOI , which sports a Zacks Rank #1 (Strong Buy). Click to get this free report Teradata Corporation (TDC): Free Stock Analysis Report International Business Machines Corporation (IBM): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. This was mainly due to the company's ongoing business transformation activity, under which its large customers have begun shifting to subscription pricing offerings.
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Click to get this free report Teradata Corporation (TDC): Free Stock Analysis Report International Business Machines Corporation (IBM): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Stock to Consider A better-ranked stock in the broader technology sector is APPLIED OPTOELECTRONICS, INC. AAOI , which sports a Zacks Rank #1 (Strong Buy). The company reported non-GAAP earnings of 28 cents in the quarter, compared with 47 cents in the year-ago quarter.
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Click to get this free report Teradata Corporation (TDC): Free Stock Analysis Report International Business Machines Corporation (IBM): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Stock to Consider A better-ranked stock in the broader technology sector is APPLIED OPTOELECTRONICS, INC. AAOI , which sports a Zacks Rank #1 (Strong Buy). Teradata Corporation Price, Consensus and EPS Surprise Teradata Corporation Price, Consensus and EPS Surprise | Teradata Corporation Quote Margin Non-GAAP gross margin contracted 310 basis points (bps) from the year-ago quarter to 51.1% mainly due to lower volume.
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Stock to Consider A better-ranked stock in the broader technology sector is APPLIED OPTOELECTRONICS, INC. AAOI , which sports a Zacks Rank #1 (Strong Buy). Click to get this free report Teradata Corporation (TDC): Free Stock Analysis Report International Business Machines Corporation (IBM): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company reported non-GAAP earnings of 28 cents in the quarter, compared with 47 cents in the year-ago quarter.
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baf89dbd-e1ce-48fb-a44a-966db0685cf3
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10057.0
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2017-04-27 00:00:00 UTC
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MKS Instruments (MKSI) Beats on Q1 Earnings and Revenues
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AAOI
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https://www.nasdaq.com/articles/mks-instruments-mksi-beats-on-q1-earnings-and-revenues-2017-04-27
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nan
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nan
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Premium scientific & technical instruments company, MKS Instruments, Inc.MKSI reported better-than-expected first-quarter 2017 results. The company noted that this stellar performance has been stemmed by robust semiconductor trade and sound customer relationships.
Over the last one month, shares of this Zacks Rank #2 (Buy) stock yielded a return of 10.40%, outperforming 6.47% growth recorded by the Zacks categorized Electronics - Manufacturing Machinery industry.
Earnings
Quarterly adjusted earnings came in at $1.27 per share, handily beating the Zacks Consensus Estimate of $1.08. The figure also came higher than the year-ago tally of 38 cents per share.
Revenues
Quarterly revenues were $437.2 million, outpacing the Zacks Consensus Estimate of $405 million. Revenues also came higher than the year-ago tally of $183.7 million.
Sales of Products during the quarter came in at $392.9 million, remarkably up from the year-ago number of $153.6 million. Sales of Services during the reported quarter totaled $44.2 million compared to $30.1 million recorded in the year-ago period.
Costs and Margins
Total cost of revenues during the quarter was $231.6 million, up from $105.8 million recorded in the year-ago tally. Selling, general and administrative expenses were $74.2 million, considerably higher than $34 million recorded in the year-ago quarter. Also, research and development expenses came in at $33.3 million, up from $17.2 million incurred in first-quarter 2016.
Gross profit margin during the quarter was 47%, expanding 490 basis points (bps) year over year. Adjusted operating margin in the reported quarter was 22.5%, up 790 basis points year over year.
Balance Sheet
Exiting the first quarter, MKS Instruments had cash and cash equivalents of $255.9 million, up from $228.6 million recorded at the end of 2016. Long-term debt came in at $552.2 million, down from $601.2 million recorded on Dec 31, 2016.
During the quarter, the company paid quarterly dividends of $9.4 million, 3% higher than the dividend paid in fourth-quarter 2016.
Notably, during the reported quarter, the company voluntarily paid back its term loan worth $50 million. The move was in sync with the ongoing strategy to strengthen balance sheet and lower interest expense.
Outlook
In Apr 2017, MKS Instruments completed the divestiture of its Data Analytics Solutions Business Unit. The company anticipates to accrue post-tax gain of roughly $72 million from the deal in second-quarter 2017.
Based on the current market conditions, the company anticipates to generate revenues within the range of $440-$480 million in second-quarter 2017. Adjusted earnings are projected to lie in the band of $1.26-$1.50 per share in the next quarter.
Other Stocks to Consider
Some other stocks worth considering in the same industry are listed below:
Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Adobe Systems Incorporated ADBE presently holds a Zacks Rank #2 and has a positive average earnings surprise of 7.71% for the past four quarters.
Applied Materials, Inc. AMAT , which also carries a Zacks Rank #2, generated a positive average earnings surprise of 3.92% over the last four quarters.
The Best & Worst of Zacks
Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 ""Strong Buys"" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 ""Strong Sells."" Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market. See these critical buys and sells free >>
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
MKS Instruments, Inc. (MKSI): Free Stock Analysis Report
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Stocks to Consider Some other stocks worth considering in the same industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and currently sports a Zacks Rank #1 (Strong Buy). Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Based on the current market conditions, the company anticipates to generate revenues within the range of $440-$480 million in second-quarter 2017.
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Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Some other stocks worth considering in the same industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and currently sports a Zacks Rank #1 (Strong Buy). During the quarter, the company paid quarterly dividends of $9.4 million, 3% higher than the dividend paid in fourth-quarter 2016.
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Other Stocks to Consider Some other stocks worth considering in the same industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and currently sports a Zacks Rank #1 (Strong Buy). Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Revenues Quarterly revenues were $437.2 million, outpacing the Zacks Consensus Estimate of $405 million.
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Other Stocks to Consider Some other stocks worth considering in the same industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and currently sports a Zacks Rank #1 (Strong Buy). Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Selling, general and administrative expenses were $74.2 million, considerably higher than $34 million recorded in the year-ago quarter.
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4c098dab-2628-4dfa-b4e8-1fe2a0c304b9
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10058.0
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2017-04-27 00:00:00 UTC
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Zacks Investment Ideas feature highlights: Casella Waste, Extreme Networks, PC Tel and Applied Optroelectronics
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AAOI
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https://www.nasdaq.com/articles/zacks-investment-ideas-feature-highlights%3A-casella-waste-extreme-networks-pc-tel-and
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nan
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nan
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For Immediate Release
Chicago, IL - April 27, 2017 - Today, Zacks Investment Ideas feature highlights Features: Casella Waste (NASDAQ: CWST- Free Report ), Extreme Networks (NASDAQ: EXTR- Free Report ), PC Tel Inc (NASDAQ: PCTI- Free Report ) and Applied Optroelectronics (NASDAQ: AAOI- Free Report ).
Strong Performing Stocks to Buy Now
The market has been moving higher and at this point you want to find a strong name to invest in if you have cash on the sidelines. I published an idea on Monday morning that suggested putting that cash to work in TNA as things looked good for growth, but maybe you want to take some of that leverage off the table here and book that gain. That is fine, but you need to be long in this market.
So I set up a quick screen to find some strong stocks that are up big over the last three months. Let's take a look at a few of the 37 stocks that hit my screen of strong performers.
I Hate Waste
When I grew up my mother drove an idea in my head. She would tell me that "to waste is a sin" so we were recycling long before it became fashionable. I had to bring home my lunch bag so we didn't have to use a new one. When I had packed lunches in the office, I would bring home the bags that held my sandwich or chips - extending my cheapness to new levels. At the very least I could rest easy knowing that I was not wasting.
Not everyone shares my OCD / insanity. In fact, it is healthy to throw things out and when you do that in the Northeast you are helping Casella Waste (NASDAQ: CWST- Free Report ) which just happens to be a Zacks Rank #1 (Strong Buy).
The company is slated to report next week, so look for a good move from this one. Last quarter the stock rose more than 10% in the session following the release after the company topped estimates.
To The Extreme
I have been talking about Extreme Networks (NASDAQ: EXTR- Free Report ) a lot lately. No surprise that it found its way on the strong performer's screen. The stock is still a Zacks Rank #1 (Strong Buy) and has a lot going for it.
https://www.zacks.com/stock/news/254760/pctel-and-extreme-networks-are-aggressive-growth-zacks-rank-buys
There was also this more recent video:
In that Zacks Rank Buy video I mention another stock, PC Tel Inc (NASDAQ: PCTI- Free Report ) which also happens to land on the screen. PCTI is a Zacks Rank #1 (Strong Buy) and is up 35% over the last three months. This is another stock that I would keep on my radar screen.
Finally
Applied Optroelectronics (NASDAQ: AAOI- Free Report ) started the year off right with an increase in guidance. Since that time the company has done everything right as it beat estimates and continues to guide Wall Street higher. This is another Zacks Rank #1 (Strong Buy) that is up significantly over the past three months
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...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 trade>>
Be sure to follow me on Twitter: @BBolan1
Want more articles from this author? Go to Zacks.com on this article and click the FOLLOW AUTHOR button to get an email each time a new article is published.
Brian Bolan is a Stock Strategist for Zacks.com.
He runs Stocks Under $10 Investor service where he looks for low priced stocks that are seeing positive earnings estimate revisions. This popular service has seen some strong early returns and offers a free trial via the Zacks Ultimate service.
Brian also runs the brand new Zacks Game Changers where he looks for stocks that are disrupting their industries and reaping big gains.
Looking for Ideas with Even Greater Upside?
Today's investment ideas are short-term, directly based on our proven 1 to 3 month indicator. In addition, I invite you to consider our long-term opportunities. These rare trades look to start fast with strong Zacks Ranks, but carry through with double and triple-digit profit potential. Starting now, you can look inside our home run, value, and stocks under $10 portfolios, plus more. Click here for a peek at this private information>>
Get the full Report on CWST - FREE
Get the full Report on EXTR - FREE
Get the full Report on PCTI - FREE
Get the full Report on AAOI - FREE
Follow us on Twitter: https://twitter.com/ZacksResearch
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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
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https://www.zacks.com/performance
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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
Casella Waste Systems, Inc. (CWST): Free Stock Analysis Report
Extreme Networks, Inc. (EXTR): Free Stock Analysis Report
PC-Tel, Inc. (PCTI): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - April 27, 2017 - Today, Zacks Investment Ideas feature highlights Features: Casella Waste (NASDAQ: CWST- Free Report ), Extreme Networks (NASDAQ: EXTR- Free Report ), PC Tel Inc (NASDAQ: PCTI- Free Report ) and Applied Optroelectronics (NASDAQ: AAOI- Free Report ). Finally Applied Optroelectronics (NASDAQ: AAOI- Free Report ) started the year off right with an increase in guidance. Click here for a peek at this private information>> Get the full Report on CWST - FREE Get the full Report on EXTR - FREE Get the full Report on PCTI - FREE Get the full Report on AAOI - FREE Follow us on Twitter: https://twitter.com/ZacksResearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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For Immediate Release Chicago, IL - April 27, 2017 - Today, Zacks Investment Ideas feature highlights Features: Casella Waste (NASDAQ: CWST- Free Report ), Extreme Networks (NASDAQ: EXTR- Free Report ), PC Tel Inc (NASDAQ: PCTI- Free Report ) and Applied Optroelectronics (NASDAQ: AAOI- Free Report ). Click here for a peek at this private information>> Get the full Report on CWST - FREE Get the full Report on EXTR - FREE Get the full Report on PCTI - FREE Get the full Report on AAOI - FREE Follow us on Twitter: https://twitter.com/ZacksResearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Casella Waste Systems, Inc. (CWST): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - April 27, 2017 - Today, Zacks Investment Ideas feature highlights Features: Casella Waste (NASDAQ: CWST- Free Report ), Extreme Networks (NASDAQ: EXTR- Free Report ), PC Tel Inc (NASDAQ: PCTI- Free Report ) and Applied Optroelectronics (NASDAQ: AAOI- Free Report ). Click here for a peek at this private information>> Get the full Report on CWST - FREE Get the full Report on EXTR - FREE Get the full Report on PCTI - FREE Get the full Report on AAOI - FREE Follow us on Twitter: https://twitter.com/ZacksResearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Casella Waste Systems, Inc. (CWST): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - April 27, 2017 - Today, Zacks Investment Ideas feature highlights Features: Casella Waste (NASDAQ: CWST- Free Report ), Extreme Networks (NASDAQ: EXTR- Free Report ), PC Tel Inc (NASDAQ: PCTI- Free Report ) and Applied Optroelectronics (NASDAQ: AAOI- Free Report ). Finally Applied Optroelectronics (NASDAQ: AAOI- Free Report ) started the year off right with an increase in guidance. Click here for a peek at this private information>> Get the full Report on CWST - FREE Get the full Report on EXTR - FREE Get the full Report on PCTI - FREE Get the full Report on AAOI - FREE Follow us on Twitter: https://twitter.com/ZacksResearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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14772524-2e07-4311-ab77-da12f45d1809
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10059.0
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2017-04-26 00:00:00 UTC
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Amphenol (APH) Beats on Q1 Earnings, Raises 2017 Guidance
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AAOI
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https://www.nasdaq.com/articles/amphenol-aph-beats-on-q1-earnings-raises-2017-guidance-2017-04-26
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nan
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nan
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Amphenol CorporationAPH reported better-than-expected results for first-quarter 2017.
Over the last one month, shares of this Zacks Rank #3 (Hold) stock yielded a return of 1.70%, outperforming 1.32% growth recorded by the Zacks classified Electronics - Connectors industry.
Earnings and Revenues
Quarterly adjusted earnings came in at 71 cents per share, higher than the year-ago tally of 59 cents. In addition, the figure also beat the Zacks Consensus Estimate of 66 cents per share.
Quarterly revenues came in at $1,560.1 million, up 7.5% year over year. The company noted that this upside was stemmed by stronger information technology, military, automotive, data communications and industrial markets' demand.
The top line even surpassed the Zacks Consensus Estimate of $1,516 million.
Segmental Performance
Revenues of Interconnect Products and Assemblies segment came in at $1,463.5 million, up 7% year over year.
Sales of Cable Products and Solutions segment were $96.6 million, up 15.8% year over year.
Costs and Margins
Cost of sales in the reported quarter came in at $1,044.2 million, up 5.3% year over year. Selling, general and administrative expenses increased 6.5% year over year to $201.8 million. Interest expense during the quarter was $19.3 million compared with $18.1 million reported in the year-ago quarter.
Gross profit margin came in at 33%, up 140 basis points (bps) year over year. Operating margin was 20.1%, up 360 basis points year over year.
Balance Sheet and Cash Flow
Amphenol had cash and cash equivalents worth $1,242.9 million as of Mar 31, 2017, compared to $1,034.6 million recorded at the end of 2016. Long-term debt came in at $2,862.1 million compared to $2,635.5 million recorded on Dec 31, 2016.
During first-quarter 2017, the company generated cash worth $237.8 million from operating activities as against $194.2 million recorded in the year-ago period. Purchases of land and depreciable assets during the quarter were valued at $48.7 million compared to $41 million recorded in the year-ago period.
Outlook
Amphenol is poised to grow on the back of latest acquisitions, business diversification and greater innovation. However, the company believes that negative foreign currency impact or unfavourable government policies might limit near-term growth. The company anticipates to accrue adjusted earnings within the range of 70-72 cents per share and revenues within the range of $1.580-$1.620 billion in second-quarter 2017.
The company raised its full-year 2017 revenue guidance to the $6.405-$6.525 billion range from the previous projection of $6.340-$6.500 billion. Adjusted earnings are expected to be in the range of $2.91-$2.97 per share, higher than the previously estimated range of $2.84-$2.92 per share.
Stocks to Consider
Some better-ranked stocks in the industry are listed below:
Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Applied Materials, Inc. AMAT currently carries a Zacks Rank #2 (Buy) and generated an average earnings surprise of 3.92% in the past quarters.
Adobe Systems Incorporated ADBE currently carries a Zacks Rank #2 and has an average earnings surprise of 7.71% for the past quarters.
Looking for Ideas with Even Greater Upside?
Today's investment ideas are short-term, directly based on our proven 1 to 3 month indicator. In addition, I invite you to consider our long-term opportunities. These rare trades look to start fast with strong Zacks Ranks, but carry through with double and triple-digit profit potential. Starting now, you can look inside our home run, value, and stocks under $10 portfolios, plus more.
Click here for a peek at this private information >>
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
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Amphenol Corporation (APH): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Some better-ranked stocks in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). Click to get this free report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Amphenol Corporation (APH): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. The company noted that this upside was stemmed by stronger information technology, military, automotive, data communications and industrial markets' demand.
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Click to get this free report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Amphenol Corporation (APH): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked stocks in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). Applied Materials, Inc. AMAT currently carries a Zacks Rank #2 (Buy) and generated an average earnings surprise of 3.92% in the past quarters.
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Stocks to Consider Some better-ranked stocks in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). Click to get this free report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Amphenol Corporation (APH): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. Costs and Margins Cost of sales in the reported quarter came in at $1,044.2 million, up 5.3% year over year.
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Stocks to Consider Some better-ranked stocks in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). Click to get this free report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Amphenol Corporation (APH): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report To read this article on Zacks.com click here. In addition, the figure also beat the Zacks Consensus Estimate of 66 cents per share.
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6970cad6-79be-42a0-b2f1-d38118f9a7a9
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10060.0
|
2017-04-26 00:00:00 UTC
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Seagate Technology (STX) Tops Q3 Earnings, Revenues Up Y/Y
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AAOI
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https://www.nasdaq.com/articles/seagate-technology-stx-tops-q3-earnings-revenues-up-y-y-2017-04-26
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nan
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nan
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Seagate Technology plcSTX reported non-GAAP earnings of $1.10 per share in the third-quarter fiscal 2017, which beat the Zacks Consensus Estimate by four cents and fared much better than 22 cents per share reported in the year-ago quarter.
The massive growth was driven by strong demand for hard-disk drives (HDD). Revenues of almost $2.67 billion increased 3% from the year-ago quarter and were almost in line with management's guidance of $2.7 billion. However, revenues missed the Zacks Consensus Estimate of $2.69 billion.
Shares were down more than 8% in pre-market trading following the result. We note that Seagate has underperformed the Zacks Computer Storage Devices industry on a year-to-date basis. While the industry gained 21.3%, the stock returned 16.9%.
Quarter Details
Seagate reported non-GAAP gross margin of 31.4% as compared with 22.7% reported in the year-ago quarter.
Seagate Technology PLC Price, Consensus and EPS Surprise
Seagate Technology PLC Price, Consensus and EPS Surprise | Seagate Technology PLC Quote
Operating expense as percentage of revenues increased 50 basis points (bps) from the year-ago quarter to 17.7%. Product development as percentage of revenues increased 60 bps, which was partially offset by 20 bps decline in marketing and administrative expense.
Seagate exited the quarter with cash and cash equivalents of $3.02 billion, as compared with $1.72 billion in the previous quarter. Long-term debt was $5.07 billion as compared with $4.09 billion in the previous quarter.
The company generated $426 million in operating cash flow and paid cash dividends of $186 million in the reported quarter.
Concurrent with third-quarter earnings release, Seagate declared a cash dividend of 63 cents per share, payable on Jul 5 to shareholders of record as of Jun 21.
Our Take
We believe that improving PC shipment - per latest data from Gartner and IDC - bodes well for Seagate. The company is the second largest manufacturer of HDDs in the U.S., which are still extensively used in PCs and Seagate derives the bulk of revenues from these devices.
Moreover, strong demand for hybrid drives also augurs well for the company. Further, it is striving to improve profitability by not getting involved in lower-margin businesses. Instead, the company remains focused on launching innovative products, which will aid it to win enterprise customers on continuous basis.
However, intensifying competition from Western Digital WDC in the storage space is likely to remain an overhang on the stock.
Zacks Rank & Other Key Picks
Currently, Seagate sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Extreme Networks EXTR and Applied Optoelectronics AAOI are other top-ranked stocks worth looking in the broader sector as they have the same rank as of Seagate. Extreme Networks and Applied Optoelectronics will report earnings results on May 3 and 4, respectively.
Looking for Ideas with Even Greater Upside?
Today's investment ideas are short-term, directly based on our proven 1 to 3 month indicator. In addition, I invite you to consider our long-term opportunities. These rare trades look to start fast with strong Zacks Ranks, but carry through with double and triple-digit profit potential. Starting now, you can look inside our home run, value, and stocks under $10 portfolios, plus more. Click here for a peek at this private information >>
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Extreme Networks, Inc. (EXTR): Free Stock Analysis Report
Western Digital Corporation (WDC): Free Stock Analysis Report
Seagate Technology PLC (STX): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Extreme Networks EXTR and Applied Optoelectronics AAOI are other top-ranked stocks worth looking in the broader sector as they have the same rank as of Seagate. Click to get this free report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report Seagate Technology PLC (STX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Concurrent with third-quarter earnings release, Seagate declared a cash dividend of 63 cents per share, payable on Jul 5 to shareholders of record as of Jun 21.
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Click to get this free report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report Seagate Technology PLC (STX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Extreme Networks EXTR and Applied Optoelectronics AAOI are other top-ranked stocks worth looking in the broader sector as they have the same rank as of Seagate. Seagate Technology PLC Price, Consensus and EPS Surprise Seagate Technology PLC Price, Consensus and EPS Surprise | Seagate Technology PLC Quote Operating expense as percentage of revenues increased 50 basis points (bps) from the year-ago quarter to 17.7%.
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Click to get this free report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report Seagate Technology PLC (STX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Extreme Networks EXTR and Applied Optoelectronics AAOI are other top-ranked stocks worth looking in the broader sector as they have the same rank as of Seagate. Seagate Technology plcSTX reported non-GAAP earnings of $1.10 per share in the third-quarter fiscal 2017, which beat the Zacks Consensus Estimate by four cents and fared much better than 22 cents per share reported in the year-ago quarter.
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Extreme Networks EXTR and Applied Optoelectronics AAOI are other top-ranked stocks worth looking in the broader sector as they have the same rank as of Seagate. Click to get this free report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Western Digital Corporation (WDC): Free Stock Analysis Report Seagate Technology PLC (STX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Seagate Technology plcSTX reported non-GAAP earnings of $1.10 per share in the third-quarter fiscal 2017, which beat the Zacks Consensus Estimate by four cents and fared much better than 22 cents per share reported in the year-ago quarter.
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8743e8ff-51d7-413a-bd10-c86823b697c5
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10061.0
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2017-04-26 00:00:00 UTC
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Strong Performing Stocks To Buy Now
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AAOI
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https://www.nasdaq.com/articles/strong-performing-stocks-buy-now-2017-04-26
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nan
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nan
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The market has been moving higher and at this point you want to find a strong name to invest in if you have cash on the sidelines. I published an idea on Monday morning that suggested putting that cash to work in TNA as things looked good for growth, but maybe you want to take some of that leverage off the table here and book that gain. That is fine, but you need to be long in this market.
So I set up a quick screen to find some strong stocks that are up big over the last three months. Let's take a look at a few of the 37 stocks that hit my screen of strong performers.
I Hate Waste
When I grew up my mother drove an idea in my head. She would tell me that "to waste is a sin" so we were recycling long before it became fashionable. I had to bring home my lunch bag so we didn't have to use a new one. When I had packed lunches in the office, I would bring home the bags that held my sandwich or chips - extending my cheapness to new levels. At the very least I could rest easy knowing that I was not wasting.
Not everyone shares my OCD / insanity. In fact, it is healthy to throw things out and when you do that in the Northeast you are helping Casella Waste (CWST) which just happens to be a Zacks Rank #1 (Strong Buy).
The company is slated to report next week, so look for a good move from this one. Last quarter the stock rose more than 10% in the session following the release after the company topped estimates.
Casella Waste Systems, Inc. Price and Consensus
Casella Waste Systems, Inc. Price and Consensus | Casella Waste Systems, Inc. Quote
To The Extreme
I have been talking about Extreme Networks (EXTR) a lot lately. No surprise that it found its way on the strong performer's screen. The stock is still a Zacks Rank #1 (Strong Buy) and has a lot going for it.
https://www.zacks.com/stock/news/254760/pctel-and-extreme-networks-are-aggressive-growth-zacks-rank-buys
There was also this more recent video:
In that Zacks Rank Buy video I mention another stock, PC Tel Inc (PCTI) which also happens to land on the screen. PCTI is a Zacks Rank #1 (Strong Buy) and is up 35% over the last three months. This is another stock that I would keep on my radar screen.
Finally
Applied Optroelectronics (AAOI) started the year off right with an increase in guidance. Since that time the company has done everything right as it beat estimates and continues to guide Wall Street higher. This is another Zacks Rank #1 (Strong Buy) that is up significantly over the past three months
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...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 trade>>
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PC-Tel, Inc. (PCTI): Free Stock Analysis Report
Extreme Networks, Inc. (EXTR): Free Stock Analysis Report
Casella Waste Systems, Inc. (CWST): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Finally Applied Optroelectronics (AAOI) started the year off right with an increase in guidance. Click to get this free report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Casella Waste Systems, Inc. (CWST): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. I published an idea on Monday morning that suggested putting that cash to work in TNA as things looked good for growth, but maybe you want to take some of that leverage off the table here and book that gain.
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Click to get this free report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Casella Waste Systems, Inc. (CWST): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Finally Applied Optroelectronics (AAOI) started the year off right with an increase in guidance. Casella Waste Systems, Inc. Price and Consensus Casella Waste Systems, Inc. Price and Consensus | Casella Waste Systems, Inc. Quote To The Extreme I have been talking about Extreme Networks (EXTR) a lot lately.
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Click to get this free report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Casella Waste Systems, Inc. (CWST): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Finally Applied Optroelectronics (AAOI) started the year off right with an increase in guidance. Casella Waste Systems, Inc. Price and Consensus Casella Waste Systems, Inc. Price and Consensus | Casella Waste Systems, Inc. Quote To The Extreme I have been talking about Extreme Networks (EXTR) a lot lately.
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Finally Applied Optroelectronics (AAOI) started the year off right with an increase in guidance. Click to get this free report PC-Tel, Inc. (PCTI): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report Casella Waste Systems, Inc. (CWST): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The stock is still a Zacks Rank #1 (Strong Buy) and has a lot going for it.
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c9c7a4ed-9bcd-4582-8ec7-a0840391a149
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10062.0
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2017-04-25 00:00:00 UTC
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Corning (GLW) Beats on Q1 Earnings & Revenue Estimates
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AAOI
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https://www.nasdaq.com/articles/corning-glw-beats-on-q1-earnings-revenue-estimates-2017-04-25
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nan
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nan
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Corning Inc.GLW reported first-quarter 2017 adjusted earnings of 39 cents per share, beating the Zacks Consensus Estimate by 4 cents (11.4%). Earnings surged 39.3% on a year-over-year basis but declined 22% sequentially in the reported quarter.
The year-over-year growth was driven by improvement in revenues. Adjusted revenues increased 14.5% year over year to $2.49 billion, which comfortably surpassed the Zacks Consensus Estimate of $2.36 billion. However, revenues declined 2.6% on a sequential basis.
We believe that the beat reflects strength in the company's Optical Communications and Specialty Materials business lines. Moreover, Corning's Strategy and Capital Allocation Framework continues to boost shareholder value. The company returned $552 million to shareholders through a combination of dividends and share buyback in the reported quarter.
Corning Incorporated Price, Consensus and EPS Surprise
Corning Incorporated Price, Consensus and EPS Surprise | Corning Incorporated Quote
We believe that these factors will help the stock to continue outperforming the broader market in the rest of 2017. We note that Corning has outperformed the Zacks Communications Components industry on a year-to-date basis. While the industry gained 8.8%, the stock witnessed an increase of 13.4%.
Segment Details
The Display Technologies segment generated around 35.6% of total revenue. On an adjusted basis, revenues increased 2.1% from the year-ago quarter but declined 6.4% sequentially to $846 million.
The LCD glass market and Corning's volume were up by a mid-teen percentage on a year- over-year basis. The company noted that sequential glass price declines were moderate, equalling the best first-quarter declines in the past six years.
Optical Communications generated almost 34.4% of total revenue, much better than management's anticipated increase of at least 25%. Reported segment revenues grew 34.3% year over year and was almost flat on a sequential basis to $818 million on the back of strong demand for fiber-to-the-home market solutions in North America.
We note that the recently announced deal with Verizon VZ reflects this strength, as U.S.-based service providers overhaul networks to improve 4G coverage and speed-up 5G deployments.
The Environmental Technologies segment generated around 11.6% of revenues. Reported segment revenues were up 4.2% year over year and 12.2% sequentially to $275 million.
Specialty Materials generated 12.6% of revenues. Reported segment revenues surged 32.2% year over year but declined 10.7% sequentially to $300 million backed by continuing strong adoption of Gorilla Glass 5.
The Life Sciences business accounted for around 8.8% of revenues. Reported revenues were up 2.9% from the year-ago quarter and 1.9% sequentially to $210 million.
Operating Details
Adjusted gross margin expanded 150 basis points (bps) from the year-ago quarter but contracted 60 bps from the previous quarter to 42.3%.
Adjusted selling, general & administrative expense (SG&A) as percentage of revenues decreased 90 bps from the year-ago quarter and 40 bps from the previous quarter to 13.4%.
Moreover, research & development expense (R&D) as percentage of revenues declined 90 bps on a year-over-year basis but increased 140 bps sequentially.
Operating margin (excluding amortization of purchased intangibles and restructuring, impairment & other charges) expanded 310 bps on a year-over-year basis and 150 bps from the previous quarter to 20.8%.
Guidance
Management expects revenues and earnings per share (EPS) to grow on a year-over-year basis in second-quarter 2017. Currently, the Zacks Consensus Estimate for revenues and EPS are pegged at $2.49 billion and 41 cents, respectively.
Corning expects glass volume to increase by mid-single digit percentage on a year-over-year basis and low-single digit percentage sequentially. The company expects sequential LCD glass price declines to be substantially less than first-quarter 2017.
Optical Communications sales are anticipated to increase 10% from the year-ago quarter in the second quarter.
Environmental Technologies sales are expected to be in line with the year-ago quarter, while Specialty Materials sales are anticipated to increase by a high-teen percentage range. The Life Sciences business will grow low-single digit percentage from the year-ago quarter.
For full-year 2017, Corning still expects mid-single digit percentage growth in glass volume, in line with the overall LCD glass market. Price is now anticipated to decline approximately 10% or possibly a lower rate.
Zacks Rank & Other Key Picks
Corning currently carries a Zacks Rank #2 (Buy). Other top-ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and UTStarcom UTSI . Both the stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Applied Optoelectronics and UTStarcom are expected to report earnings on May 4 and May 12, respectively.
Zacks' Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
Click here for Zacks' private trades >>
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
UTStarcom Holdings Corp (UTSI): Free Stock Analysis Report
Verizon Communications Inc. (VZ): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Corning Incorporated (GLW): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other top-ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and UTStarcom UTSI . Click to get this free report UTStarcom Holdings Corp (UTSI): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Corning Incorporated (GLW): Free Stock Analysis Report To read this article on Zacks.com click here. We note that the recently announced deal with Verizon VZ reflects this strength, as U.S.-based service providers overhaul networks to improve 4G coverage and speed-up 5G deployments.
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Click to get this free report UTStarcom Holdings Corp (UTSI): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Corning Incorporated (GLW): Free Stock Analysis Report To read this article on Zacks.com click here. Other top-ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and UTStarcom UTSI . Corning Incorporated Price, Consensus and EPS Surprise Corning Incorporated Price, Consensus and EPS Surprise | Corning Incorporated Quote We believe that these factors will help the stock to continue outperforming the broader market in the rest of 2017.
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Click to get this free report UTStarcom Holdings Corp (UTSI): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Corning Incorporated (GLW): Free Stock Analysis Report To read this article on Zacks.com click here. Other top-ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and UTStarcom UTSI . On an adjusted basis, revenues increased 2.1% from the year-ago quarter but declined 6.4% sequentially to $846 million.
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Other top-ranked stocks in the broader technology sector are Applied Optoelectronics AAOI and UTStarcom UTSI . Click to get this free report UTStarcom Holdings Corp (UTSI): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Corning Incorporated (GLW): Free Stock Analysis Report To read this article on Zacks.com click here. Earnings surged 39.3% on a year-over-year basis but declined 22% sequentially in the reported quarter.
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6a5a5231-e847-4213-ba92-5a625f97b796
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10063.0
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2017-04-25 00:00:00 UTC
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Sohu's (SOHU) Q1 Loss Wider, Revenues Decline Y/Y
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AAOI
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https://www.nasdaq.com/articles/sohus-sohu-q1-loss-wider-revenues-decline-y-y-2017-04-25
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nan
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nan
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Sohu.com Inc. SOHU reported first-quarter 2017 non GAAP loss of $1.75 per share, much wider than year ago quarter's loss of 56 cents. Shares were down 6.44% yesterday.
However, Sohu's revenues of $374.1 million beat the Zacks Consensus Estimate of $366.7 million. On a year-over-year basis, revenues decreased 8.3% due to lower revenues from advertising and online gaming. RMB depreciation had a big impact on results, adds management.
Quarterly Details
Total online advertising revenues (inclusive of revenues from brand advertising, search and search related businesses) fell 14% to $223 million.
Brand advertising revenues in the reported quarter fell 35% to $81 million on a year-over-year basis driven by declining advertising revenues from video and real estate businesses. Search and search-related revenues increased 6% to $142 million due to growth in search traffic.
Sohu.com Inc. Price, Consensus and EPS Surprise
Sohu.com Inc. Price, Consensus and EPS Surprise | Sohu.com Inc. Quote
Online game revenues for the quarter plunged 17% year over year to $85 million due to declining revenues from older game titles.
Sogou's revenues grew 10% to $162 million driven by increase in mobile and search traffic.
Margins
Non-GAAP gross margin in the quarter decreased to 42% from 53% in the year-ago quarter. Non-GAAP gross margin of the company's online advertising business was 27%, down from 43% in the prior-year quarter.
Brand advertising business margin was 2%, reflecting a sharp drop from 32% reported in the year-ago quarter primarily due to higher video content costs. Non-GAAP gross margin for the search and search-related business in the quarter was 42%, down from 54% in the year-ago quarter.
Non-GAAP gross margin of the company's online game business was 81% against 75% reported in the prior-year quarter.
Sohu's non GAAP operating loss was $40 million against profit of $15 million reported in the year-ago quarter.
GAAP loss per share was $1.77 as against 53 cents reported year over year.
Balance Sheet
Sohu exited the quarter with cash and cash equivalents (and short-term investments) of $1.25 billion compared with $1.30 million as of Dec 31, 2016.
Outlook
For the second quarter of 2017, Sohu expects revenues in a range of $390-$420 million.
Management estimates brand advertising revenues in a range of $85 million to $95 million, representing 16% to 25% year-over-year decline.
Sogou revenues are expected in the range of $190 million to $200 million, representing 8% to 14% year-over-year decline. Online game revenues are expected in the band of $75-$85 million, hinting at a year-over-year decline of 14% to 24%.
The company expects non-GAAP loss per share between $1.80 and $2.05.
Our Take
Sohu's financials have been impacted by lower online gaming and advertising sales. Specifically, its brand advertising business has remained sluggish because of lower spending levels in China.
However, Sogou continues to gain popularity and market share through increased product quality and effective marketing campaigns. Furthermore, its partnership with Tencent and the sale of 10% of Sogou shares in an IPO to be held in 2017 will further improve the latter's competitive position against market leader Baidu and SINA Corp. SINA .
We also note that Sohu's shares lost 17.05% in the past one year, vastly underperforming the Zacks categorized Internet Software industry, which gained 11.28%.
Stocks to Consider
Better-ranked stocks in the broader tech space are Applied Optoelectronics, Inc. AAOI , which sports a Zacks Rank #1 (Strong Buy) and Leaf Group Ltd LFGR , which has a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
In the trailing four quarters, Applied Optoelectronics and Leaf Group delivered an average positive earnings surprise of 116.49% and 27.94%, respectively.
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Sina Corporation (SINA): Free Stock Analysis Report
Sohu.com Inc. (SOHU): Free Stock Analysis Report
Leaf Group Ltd. (LFGR): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Better-ranked stocks in the broader tech space are Applied Optoelectronics, Inc. AAOI , which sports a Zacks Rank #1 (Strong Buy) and Leaf Group Ltd LFGR , which has a Zacks Rank #2 (Buy). Click to get this free report Sina Corporation (SINA): Free Stock Analysis Report Sohu.com Inc. (SOHU): Free Stock Analysis Report Leaf Group Ltd. (LFGR): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Brand advertising business margin was 2%, reflecting a sharp drop from 32% reported in the year-ago quarter primarily due to higher video content costs.
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Click to get this free report Sina Corporation (SINA): Free Stock Analysis Report Sohu.com Inc. (SOHU): Free Stock Analysis Report Leaf Group Ltd. (LFGR): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks in the broader tech space are Applied Optoelectronics, Inc. AAOI , which sports a Zacks Rank #1 (Strong Buy) and Leaf Group Ltd LFGR , which has a Zacks Rank #2 (Buy). Brand advertising revenues in the reported quarter fell 35% to $81 million on a year-over-year basis driven by declining advertising revenues from video and real estate businesses.
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Click to get this free report Sina Corporation (SINA): Free Stock Analysis Report Sohu.com Inc. (SOHU): Free Stock Analysis Report Leaf Group Ltd. (LFGR): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks in the broader tech space are Applied Optoelectronics, Inc. AAOI , which sports a Zacks Rank #1 (Strong Buy) and Leaf Group Ltd LFGR , which has a Zacks Rank #2 (Buy). Brand advertising revenues in the reported quarter fell 35% to $81 million on a year-over-year basis driven by declining advertising revenues from video and real estate businesses.
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Stocks to Consider Better-ranked stocks in the broader tech space are Applied Optoelectronics, Inc. AAOI , which sports a Zacks Rank #1 (Strong Buy) and Leaf Group Ltd LFGR , which has a Zacks Rank #2 (Buy). Click to get this free report Sina Corporation (SINA): Free Stock Analysis Report Sohu.com Inc. (SOHU): Free Stock Analysis Report Leaf Group Ltd. (LFGR): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Quarterly Details Total online advertising revenues (inclusive of revenues from brand advertising, search and search related businesses) fell 14% to $223 million.
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ee28bdbb-f5f0-4c23-afa3-866f3eb621ac
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10064.0
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2017-04-25 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for April 25th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-april-25th-2017-04-25
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nan
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nan
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 25 th :
Applied Optoelectronics, Inc . (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained 44.9% over the past three months. The company possesses a Momentum Score of B.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
Pampa Energía S.A. (PAM) : This electricity company has witnessed the Zacks Consensus Estimate for its current year earnings jumping more than 100% over the last 60 days.
Pampa Energia S.A. Price and Consensus
Pampa Energia S.A. Price and Consensus | Pampa Energia S.A. Quote
Pampa Energía's shares gained 32% over the last three months. The company possesses a Momentum Score of B.
Pampa Energia S.A. Price
Pampa Energia S.A. Price | Pampa Energia S.A. Quote
DST Systems, Inc . (DST) : This technology-based information processing solutions provider has witnessed the Zacks Consensus Estimate for its current year earnings rising 2.3% over the last 60 days.
DST Systems, Inc. Price and Consensus
DST Systems, Inc. Price and Consensus | DST Systems, Inc. Quote
DST Systems' shares gained 9.1% over the last three months. The company possesses a Momentum Score of B.
DST Systems, Inc. Price
DST Systems, Inc. Price | DST Systems, Inc. Quote
CAI International, Inc . (CAI) : This transportation finance and logistics company has seen the Zacks Consensus Estimate for its current year earnings advancing 26.6% over the last 60 days.
CAI International, Inc. Price and Consensus
CAI International, Inc. Price and Consensus | CAI International, Inc. Quote
CAI International's shares gained 32.7% over the last three months. The company possesses a Momentum Score of A.
CAI International, Inc. Price
CAI International, Inc. Price | CAI International, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
Want to see all of today's Zacks Strong Buys?
You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 stocks free of charge. There is no better place to start your own stock search. Plus you can also access the full list of must-avoid Zacks Strong Sells and other private research. See the stocks free >>.
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
Pampa Energia S.A. (PAM): Free Stock Analysis Report
DST Systems, Inc. (DST): Free Stock Analysis Report
CAI International, Inc. (CAI): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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(AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Pampa Energia S.A. (PAM): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (DST) : This technology-based information processing solutions provider has witnessed the Zacks Consensus Estimate for its current year earnings rising 2.3% over the last 60 days.
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Click to get this free report Pampa Energia S.A. (PAM): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Applied Optoelectronics, Inc. Price and Consensus Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote Applied Optoelectronics' shares gained 44.9% over the past three months.
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Click to get this free report Pampa Energia S.A. (PAM): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Applied Optoelectronics, Inc. Price Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote Pampa Energía S.A. (PAM) : This electricity company has witnessed the Zacks Consensus Estimate for its current year earnings jumping more than 100% over the last 60 days.
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Click to get this free report Pampa Energia S.A. (PAM): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report CAI International, Inc. (CAI): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Applied Optoelectronics, Inc. Price Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote Pampa Energía S.A. (PAM) : This electricity company has witnessed the Zacks Consensus Estimate for its current year earnings jumping more than 100% over the last 60 days.
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ec802ef0-1d2d-407c-a145-d9c08195125f
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10065.0
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2017-04-24 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for April 24th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-april-24th-2017-04-24
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nan
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nan
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 24th:
Coca-Cola Company (KO): This major beverage company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.
Coca-Cola Company (The) Price and Consensus
Coca-Cola Company (The) Price and Consensus | Coca-Cola Company (The) Quote
Coca-Cola's shares gained 4% over the last three months higher than S&P 500's gains of 3.7%. The company possesses a Momentum Score of A.
Coca-Cola Company (The) Price
Coca-Cola Company (The) Price | Coca-Cola Company (The) Quote
Pool Corporation (POOL): This swimming pool service company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 5.2% over the last 60 days.
Pool Corporation Price and Consensus
Pool Corporation Price and Consensus | Pool Corporation Quote
Pool's shares gained 13.3% over the last three months. The company possesses a Momentum Score of A.
Quest Diagnostics Incorporated (DGX): This diagnostic testing information and services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.
Quest Diagnostics Incorporated Price and Consensus
Quest Diagnostics Incorporated Price and Consensus | Quest Diagnostics Incorporated Quote
Quest Diagnostics' shares gained 13.4% over the last three months. The company possesses a Momentum Score of A.
Applied Optoelectronics, Inc. (AAOI): This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained 44.9% in the last three months. The company possesses a Momentum Score of A.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks "Strong Sells" absolutely free >>
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
Pool Corporation (POOL): Free Stock Analysis Report
Coca-Cola Company (The) (KO): Free Stock Analysis Report
Quest Diagnostics Incorporated (DGX): Free Stock Analysis Report
TopBuild Corp. (BLD): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Applied Optoelectronics, Inc. (AAOI): This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Pool Corporation (POOL): Free Stock Analysis Report Coca-Cola Company (The) (KO): Free Stock Analysis Report Quest Diagnostics Incorporated (DGX): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 24th: Coca-Cola Company (KO): This major beverage company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.
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Click to get this free report Pool Corporation (POOL): Free Stock Analysis Report Coca-Cola Company (The) (KO): Free Stock Analysis Report Quest Diagnostics Incorporated (DGX): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics, Inc. (AAOI): This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. The company possesses a Momentum Score of A. Coca-Cola Company (The) Price Coca-Cola Company (The) Price | Coca-Cola Company (The) Quote Pool Corporation (POOL): This swimming pool service company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 5.2% over the last 60 days.
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Click to get this free report Pool Corporation (POOL): Free Stock Analysis Report Coca-Cola Company (The) (KO): Free Stock Analysis Report Quest Diagnostics Incorporated (DGX): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics, Inc. (AAOI): This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 24th: Coca-Cola Company (KO): This major beverage company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.
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Applied Optoelectronics, Inc. (AAOI): This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Pool Corporation (POOL): Free Stock Analysis Report Coca-Cola Company (The) (KO): Free Stock Analysis Report Quest Diagnostics Incorporated (DGX): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 24th: Coca-Cola Company (KO): This major beverage company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.
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ad5353a7-506e-42d1-920b-dfe4fd5bc57e
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10066.0
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2017-04-24 00:00:00 UTC
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Saving the Buys for Last
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AAOI
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https://www.nasdaq.com/articles/saving-buys-last-2017-04-24
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nan
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nan
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The week ended with a buying spree from the editors, as seven different portfolios bought or added to 11 positions. A good amount of this activity can be attributed to preparing for next week, which is shaping up to be eventful on a number of fronts. Politically-speaking, we'll all be watching results from the first round of the French Presidential Election and we might (fingers crossed) actually get some specifics on President Trump's tax reform plan. But perhaps the biggest factor will be the ramping up of earnings season.
But let's not overlook this week…because it was pretty good. It may not have felt much different than the past few, but the major indices ended the week on the positive side again. The S&P was up nearly 1% and the Dow advanced by about half a percent. The NASDAQ showed off the most, though, with a jump of 1.8%. Rallies on Monday and Thursday accounted for all the upside.
Friday's session was nothing to brag about, but the major indices did come off their lows after the President stated more details were on the way for his "massive tax cut". The S&P was down 0.30% to 2348.7, the Dow was off 0.15% to 20,547.8 and the NASDAQ slipped 0.11% to 5910.5.
OK, enough of this. Let's get to all of today's moves:
Today's Portfolio Highlights:
Zacks Counterstrike: When Dycom (DY) was bought back in late March, the company was an approximately $90 stock. Today, it is over $105 and has blown past the portfolio's targets. Jeremy decided to sell two-thirds of it on Friday and bank an 18% return, leaving the rest behind just in case the momentum continues. Jeremy does not think $120 is out of the question.
On the other hand, the editor also brought Square (SQ) to a full position by adding 7% more to its allocation. In other words, he doubled the existing position that was first bought on March 17. Jeremy smells a big winner with this provider of financial and marketing services. The stock is close to breaking out and will report on May 3. Get more specifics on both of these moves in the complete write-up.
Surprise Trader: Next week will be a busy one for earnings, so Eric got prepared today with four more buys in the portfolio (bringing the weekly total up to 10 buys). The editor took the portfolio's remaining cash (including the sale of DHR) and invested it evenly in Regal Entertainment (RGC), Western Digital (WDC), Visteon (VC) and Lockheed Martin (LMT). All of these companies report next week and have a good chance to beat expectations based on a positive Earnings ESP, rising earnings estimates, a great history at earnings season and/or a high Zacks Industry Rank. Get specifics on each new buy in the complete commentary.
Value Investor: Tracey found a way to get into the lucrative cloud area without buying pricey names like Amazon or Microsoft. The editor picked up Applied Optoelectronics (AAOI), which makes optical components for data centers. The company pre-announced better-than-expected earnings earlier this month thanks to "continued robust demand for data center products" . This cheap stock is expected to grow earnings by 220% this year, which means it's one of those rare companies with both value AND growth. Plus, with shares down 12% in the past month, the portfolio is getting in at a good price. Read the full write-up for more on this move.
Stocks Under $10: President Trump's recent steel probe will not only help steel stocks, but also iron ore companies like Cliffs Natural Resources (CLF). Brian Bolan thinks this company is getting a "long-term tailwind" , so he picked it up for the portfolio on Friday ahead of its April 27th report. The stock has straight As for its Zacks Style Scores and a "stunning" valuation.
But that wasn't all. Brian also bought PC Tel Inc. (PCTI), a provider of performance critical telecom solutions. This company should benefit as major mobile carriers invest in their infrastructure. PCTI has topped the Zacks Consensus Estimate in the past three quarters and is expected to grow earnings by 80% next year. Read the complete commentary for more on both of these moves, including the limit for PCTI.
Options Trader: Shares of Wabco (WBC) slumped today despite this company's solid report with positive earnings and sales surprises. Kevin thinks this stock will be moving higher soon, so today's pullback is nothing but an opportunity to buy another option. The editor bought to open an additional June 120.00 Call on Friday to go along with the original option he bought back in February. Get more specifics in the complete commentary.
Home Run Investor: Gold stocks are pretty mean and lean these days, since they had to get more efficient in their mining operations during the gold slump. Now, a company like Alamos Gold (AGI) is expected to generate EPS growth of 390% this year and 93% next year. Usually Dave isn't a big fan of the volatile gold miners, but there's just too much opportunity here. The editor added AGI on Friday. Read more in the full write-up.
Income Investor: The summer blockbuster movie season has already started, which is great news for the world's largest movie-theater chain AMC Entertainment Holdings (AMC). This Zacks Rank #1 beat on both the top and bottom lines in its most recent report, and upgraded their guidance for Q1 earlier this week. The company also has a VGM Score of "B" and a dividend yield of 2.63%. As announced yesterday, Neena added AMC on Friday.
Have a Great Weekend,
Jim Giaquinto Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The editor picked up Applied Optoelectronics (AAOI), which makes optical components for data centers. Politically-speaking, we'll all be watching results from the first round of the French Presidential Election and we might (fingers crossed) actually get some specifics on President Trump's tax reform plan. The editor took the portfolio's remaining cash (including the sale of DHR) and invested it evenly in Regal Entertainment (RGC), Western Digital (WDC), Visteon (VC) and Lockheed Martin (LMT).
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The editor picked up Applied Optoelectronics (AAOI), which makes optical components for data centers. All of these companies report next week and have a good chance to beat expectations based on a positive Earnings ESP, rising earnings estimates, a great history at earnings season and/or a high Zacks Industry Rank. Options Trader: Shares of Wabco (WBC) slumped today despite this company's solid report with positive earnings and sales surprises.
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The editor picked up Applied Optoelectronics (AAOI), which makes optical components for data centers. Let's get to all of today's moves: Today's Portfolio Highlights: Zacks Counterstrike: When Dycom (DY) was bought back in late March, the company was an approximately $90 stock. Surprise Trader: Next week will be a busy one for earnings, so Eric got prepared today with four more buys in the portfolio (bringing the weekly total up to 10 buys).
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The editor picked up Applied Optoelectronics (AAOI), which makes optical components for data centers. The week ended with a buying spree from the editors, as seven different portfolios bought or added to 11 positions. Surprise Trader: Next week will be a busy one for earnings, so Eric got prepared today with four more buys in the portfolio (bringing the weekly total up to 10 buys).
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e6833f3f-9e94-4ae7-8821-611c7e14da91
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10067.0
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2017-04-21 00:00:00 UTC
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Zacks.com featured highlights: Applied Optoelectronics, Ebix and SORL Auto Parts
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AAOI
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-applied-optoelectronics-ebix-and-sorl-auto-parts-2017-04-21
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nan
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nan
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For Immediate Release
Chicago, IL - April 21, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Ebix, Inc. (NASDAQ: EBIX - Free Report ) and SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ).
Screen of the Week of Zacks Investment Research:
3 Profitable Stocks to Buy for Stupendous Returns
A company with high profitability manages to meet all its operating and non-operating expenses and still provide high returns to its investors. In this respect, profitability analysis is used to measure the pricing strategies of a company and helps in select the top performing companies.
One of the best ways to measure a company's profitability is ratio analysis. There are three key profitability ratios - gross income ratio, operating income ratio, pre-tax profit margin and net income ratio. From these, we have chosen the most effective and commonly used profitability ratio, net income ratio.
Net Income Ratio
Net income ratio gives us the exact profit level of a company. It reflects the percentage of net income to total sales revenue. Using net income ratio, one can determine a company's capability to bear all its operating and non-operating expenses from its sales revenue. A higher net income ratio usually implies a company's ability to generate ample sales revenue and successfully manage all its business functions.
Screening Parameters
Net income ratio is not the only indicator of future winners. So, we have added a few more criteria to arrive at a winning strategy.
Zacks Rank equal to #1: Only Zacks Rank #1 (Strong Buy) stocks are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off. You can see the complete list of today's Zacks #1 Rank stocks here .
12-Month Trailing Sales and Net Income Growth Higher than X Industry: Stocks that possess higher sales and net income growth in the last 12 months showcase better financial performance.
12-Month Trailing Net Income Ratio Higher than X Industry: High net income ratio indicates a company's solid profitability.
% Rating Strong Buy greater than 70%: This indicates that 70% of the analysts covering these stocks are optimistic.
Here are three stocks that qualified the screening:
Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. It has an average four-quarter positive earnings surprise of more than 100%.
Ebix, Inc. (NASDAQ: EBIX - Free Report ) is one of the leading international suppliers of software and e-commerce solutions to the insurance industry. It has an average four-quarter positive earnings surprise of 14.4%.
SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ) specializes in the development, production and distribution of air brake systems and other related products. It has an average four-quarter positive earnings surprise of 38.1%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
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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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Ebix, Inc. (EBIX): Free Stock Analysis Report
SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - April 21, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Ebix, Inc. (NASDAQ: EBIX - Free Report ) and SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ). Here are three stocks that qualified the screening: Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. Get the full Report on AAOI - FREE Get the full Report on SORL - FREE Get the full Report on EBIX - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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For Immediate Release Chicago, IL - April 21, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Ebix, Inc. (NASDAQ: EBIX - Free Report ) and SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ). Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ebix, Inc. (EBIX): Free Stock Analysis Report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report To read this article on Zacks.com click here. Here are three stocks that qualified the screening: Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc.
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For Immediate Release Chicago, IL - April 21, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Ebix, Inc. (NASDAQ: EBIX - Free Report ) and SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ). Get the full Report on AAOI - FREE Get the full Report on SORL - FREE Get the full Report on EBIX - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ebix, Inc. (EBIX): Free Stock Analysis Report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Ebix, Inc. (EBIX): Free Stock Analysis Report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - April 21, 2017 - Stocks in this week's article include Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ), Ebix, Inc. (NASDAQ: EBIX - Free Report ) and SORL Auto Parts, Inc. (NASDAQ: SORL - Free Report ). Here are three stocks that qualified the screening: Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs and develops advanced optical devices, packaged optical components, laser transmitters, etc.
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018a067a-742b-4f89-ad04-7bfb194bce77
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10068.0
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2017-04-21 00:00:00 UTC
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Time to Focus on Applied Optoelectronics (AAOI) for Strong Earnings Growth Potential
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AAOI
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https://www.nasdaq.com/articles/time-to-focus-on-applied-optoelectronics-aaoi-for-strong-earnings-growth-potential-2017-04
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Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors' attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses.
One such company that might be well-positioned for future earnings growth is Applied Optoelectronics, Inc.AAOI . This firm, which is in the Electronics - Semiconductors industry, saw EPS growth of 30% last year, and is looking great for this year too.
In fact, the current growth estimate for this year calls for earnings-per-share growth of 220.9%. Furthermore, the long-term growth rate is currently an impressive 20%, suggesting pretty good prospects for the long haul.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
And if this wasn't enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 19.7%. Thanks to this rise in earnings estimates, AAOI has a Zacks Rank #1 (Strong Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today's Zacks #1 Rank stocks here .
So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider AAOI. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for AAOI as well.
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Thanks to this rise in earnings estimates, AAOI has a Zacks Rank #1 (Strong Buy) which further underscores the potential for outperformance in this company. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for AAOI as well. One such company that might be well-positioned for future earnings growth is Applied Optoelectronics, Inc.AAOI .
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Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for AAOI as well. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. One such company that might be well-positioned for future earnings growth is Applied Optoelectronics, Inc.AAOI .
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Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for AAOI as well. One such company that might be well-positioned for future earnings growth is Applied Optoelectronics, Inc.AAOI . Thanks to this rise in earnings estimates, AAOI has a Zacks Rank #1 (Strong Buy) which further underscores the potential for outperformance in this company.
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One such company that might be well-positioned for future earnings growth is Applied Optoelectronics, Inc.AAOI . Thanks to this rise in earnings estimates, AAOI has a Zacks Rank #1 (Strong Buy) which further underscores the potential for outperformance in this company. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for AAOI as well.
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c25439dd-b978-4faf-b65d-9617afb4feed
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10069.0
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2017-04-20 00:00:00 UTC
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The Zacks Analyst Blog Highlights: International Business Machines, Momo, Applied Optoelectronics, Extreme Networks and AU Optronics
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AAOI
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-international-business-machines-momo-applied
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For Immediate Release
Chicago, IL - April 20, 2017 - 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 International Business Machines Corp (NYSE: IBM- Free Report ), Momo Inc. (NASDAQ: MOMO- Free Report ), Applied Optoelectronics Inc. (NASDAQ: AAOI- Free Report ), Extreme Networks Inc . (NASDAQ: EXTR- Free Report ) and AU Optronics Corp . (NYSE: AUO- Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Wednesday's Analyst Blog:
Forget IBM, Buy These Tech Stocks for Growth Instead
International Business Machines Corp (NYSE: IBM- Free Report ) has been a disappointment for growth savvy investors' due to its sluggish results in the last five years. We note that since 2011, the company's top-line has declined annually, which has affected earnings growth rate despite sizeable share buybacks and cost saving initiatives over the period.
IBM has been moving away from its traditional businesses to newer (read lucrative) business avenues like cloud and data analytics. Though IBM's "Strategic Imperatives" (cloud, analytics, mobility and security) are performing well, the recently announced first-quarter 2017 results exhibited that these are not enough to suffice the weakness in traditional businesses yet.
We note that the overall weakness has hurt IBM's returns in the last five years. The company has lost 18.3% against S&P 500's gain of 73.1%.
Intensifying Competition Hurting Profitability
We believe that intensifying competition in most of the "Strategic Imperatives" is hurting IBM's profitability. This is primarily due to continuing investment, which is necessary in order to remain competitive.
The cloud computing market is currently dominated by Amazon through its Amazon Web Services. We note that the fight for the #2 place is intensifying owing to the growing presence of Microsoft, Alphabet, salesforce.com and Oracle. This has affected IBM's gross margin in the last couple of years.
We note that gross margin in 2016 contracted 190 basis points (bps) over 2015. In the recently concluded quarter, non-GAAP gross margin contracted a massive 300 basis points (bps) from the year-ago quarter.
Newer Techs Still in Nascent Stage
Although IBM has been expanding product portfolio into newer technologies like Blockchain, Quantum computing and Containers through frequent acquisitions, we believe that these are still in nascent stage and will take some time to contribute meaningfully towards top-line growth.
Moreover, sluggish IT spending is a concern for IBM. Gartner in its latest report projects IT spending to increase 1.4% over 2016 to $3.5 trillion in 2017. The figure is much lower than earlier projection of 2.7% growth.
Although estimated improvement in data center spending is good for IBM, slowing spending on enterprise software and IT services are huge concerns.
Alternative Picks
Currently, IBM has a Growth Style Score of 'D' and a Zacks Rank #3 (Hold). Back-tested results show that stocks with Growth Style Scores of 'A' or 'B,' when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) handily outperform other stocks. You can see the complete list of today's Zacks #1 Rank stocks here.
Here, we pick four technology stocks that not only sports a Growth score of "A" and a Zacks Rank #1 but also better year-to-date price appreciation.
Momo Inc. (NASDAQ: MOMO- Free Report ) is a leading social-media company in China. Current year EPS estimate has increased 7.1% to $1.20 in the last 60 days.
Year-to-date Return: 100%
Average four-quarter Surprise: 6.99%
Applied Optoelectronics Inc. (NASDAQ: AAOI- Free Report ) designs, develops and manufactures advanced optical devices. Current year EPS estimate has soared 111.2% to $3.76 in the last 60 days.
Year-to-date Return: 88.6%
Average four-quarter Surprise: 116.49%
Extreme Networks Inc . (NASDAQ: EXTR- Free Report ) offers software-driven networking solutions. Current year EPS estimate has increased 9.1% to 24 cents in the last 60 days.
Year-to-date Return: 44.6%
Average four-quarter Surprise: 104.17%
AU Optronics Corp . (NYSE: AUO- Free Report ) is a world-leading manufacturer of large-size thin film transistor liquid crystal display panels. Current year EPS estimate has increased 1.7% to $1.17 in the last 60 days.
Year-to-date Return: 18.4%
Average four-quarter Surprise: 25.00%
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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 IBM - FREE
Get the full Report on AAOI - FREE
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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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
International Business Machines Corporation (IBM): Free Stock Analysis Report
Momo Inc. (MOMO): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Extreme Networks, Inc. (EXTR): Free Stock Analysis Report
AU Optronics Corp (AUO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Year-to-date Return: 100% Average four-quarter Surprise: 6.99% Applied Optoelectronics Inc. (NASDAQ: AAOI- Free Report ) designs, develops and manufactures advanced optical devices. Stocks recently featured in the blog include International Business Machines Corp (NYSE: IBM- Free Report ), Momo Inc. (NASDAQ: MOMO- Free Report ), Applied Optoelectronics Inc. (NASDAQ: AAOI- Free Report ), Extreme Networks Inc . Get the full Report on IBM - FREE Get the full Report on AAOI - FREE Get the full Report on MOMO - FREE Get the full Report on EXTR - FREE Get the full Report on AUO - 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.
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Stocks recently featured in the blog include International Business Machines Corp (NYSE: IBM- Free Report ), Momo Inc. (NASDAQ: MOMO- Free Report ), Applied Optoelectronics Inc. (NASDAQ: AAOI- Free Report ), Extreme Networks Inc . Get the full Report on IBM - FREE Get the full Report on AAOI - FREE Get the full Report on MOMO - FREE Get the full Report on EXTR - FREE Get the full Report on AUO - 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. Click to get this free report International Business Machines Corporation (IBM): Free Stock Analysis Report Momo Inc. (MOMO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report AU Optronics Corp (AUO): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include International Business Machines Corp (NYSE: IBM- Free Report ), Momo Inc. (NASDAQ: MOMO- Free Report ), Applied Optoelectronics Inc. (NASDAQ: AAOI- Free Report ), Extreme Networks Inc . Get the full Report on IBM - FREE Get the full Report on AAOI - FREE Get the full Report on MOMO - FREE Get the full Report on EXTR - FREE Get the full Report on AUO - 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. Click to get this free report International Business Machines Corporation (IBM): Free Stock Analysis Report Momo Inc. (MOMO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Extreme Networks, Inc. (EXTR): Free Stock Analysis Report AU Optronics Corp (AUO): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include International Business Machines Corp (NYSE: IBM- Free Report ), Momo Inc. (NASDAQ: MOMO- Free Report ), Applied Optoelectronics Inc. (NASDAQ: AAOI- Free Report ), Extreme Networks Inc . Year-to-date Return: 100% Average four-quarter Surprise: 6.99% Applied Optoelectronics Inc. (NASDAQ: AAOI- Free Report ) designs, develops and manufactures advanced optical devices. Get the full Report on IBM - FREE Get the full Report on AAOI - FREE Get the full Report on MOMO - FREE Get the full Report on EXTR - FREE Get the full Report on AUO - 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.
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2bc73a6a-5deb-43fe-b191-629b43b911fc
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10070.0
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2017-04-19 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for April 19th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-april-19th-2017-04-19
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 19 th :
Applied Optoelectronics, Inc . (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained more than 100% in the last three months. The company possesses a Momentum Score of A.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
DST Systems, Inc . (DST) : This technology-based information processing solutions provider has witnessed the Zacks Consensus Estimate for its current year earnings rising 2.3% over the last 60 days.
DST Systems, Inc. Price and Consensus
DST Systems, Inc. Price and Consensus | DST Systems, Inc. Quote
DST Systems' shares gained 9.1% over the last three months. The company possesses a Momentum Score of B.
DST Systems, Inc. Price
DST Systems, Inc. Price | DST Systems, Inc. Quote
Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
Chemours Company (The) Price and Consensus
Chemours Company (The) Price and Consensus | Chemours Company (The) Quote
Chemours' shares gained 69.4% over the last three months higher. The company possesses a Momentum Score of A.
Chemours Company (The) Price
Chemours Company (The) Price | Chemours Company (The) Quote
Corvus Pharmaceuticals Inc (CRVS) : This clinical-stage biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings soaring 5% over the last 60 days.
Corvus Pharmaceuticals, Inc. Price and Consensus
Corvus Pharmaceuticals, Inc. Price and Consensus | Corvus Pharmaceuticals, Inc. Quote
Corvus Pharmaceuticals' shares rose about 37.7% over the past three month's period. The company possesses a Momentum Score of A.
Corvus Pharmaceuticals, Inc. Price
Corvus Pharmaceuticals, Inc. Price | Corvus Pharmaceuticals, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
Now See All Our Private Trades
While today's Zacks Rank #1 new additions 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 all Zacks trades >>
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
DST Systems, Inc. (DST): Free Stock Analysis Report
Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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(AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report DST Systems, Inc. (DST): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (DST) : This technology-based information processing solutions provider has witnessed the Zacks Consensus Estimate for its current year earnings rising 2.3% over the last 60 days.
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Click to get this free report DST Systems, Inc. (DST): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. The company possesses a Momentum Score of B. DST Systems, Inc. Price DST Systems, Inc. Price | DST Systems, Inc. Quote Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
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Click to get this free report DST Systems, Inc. (DST): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. The company possesses a Momentum Score of B. DST Systems, Inc. Price DST Systems, Inc. Price | DST Systems, Inc. Quote Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
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(AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report DST Systems, Inc. (DST): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of B. DST Systems, Inc. Price DST Systems, Inc. Price | DST Systems, Inc. Quote Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
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fbbcf161-927e-47b7-972f-e7eb2a305c5e
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10071.0
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2017-04-19 00:00:00 UTC
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ADTRAN (ADTN) Beats Earnings & Revenue Estimates in Q1
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AAOI
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https://www.nasdaq.com/articles/adtran-adtn-beats-earnings-revenue-estimates-in-q1-2017-04-19
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nan
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nan
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Communication network solution provider ADTRAN Inc.ADTN reported first-quarter 2017 results, wherein both the top line and the bottom line surpassed the Zacks Consensus Estimate.
The company's earnings (including stock-based compensation expenses) came in at 15 cents per share, beating the Zacks Consensus Estimate of 13 cents. Total revenue of $170.3 million was up 19.76% year over year. The top line also beat the consensus mark of $168 million.
Quarterly gross margin came in at 43.3%, compared with 46.27% in the prior-year quarter. Operating income in the reported quarter totaled $7.03 million as against $5.52 million in the last-year quarter.
At the end of the first quarter of 2017, ADTRAN generated $9.04 million of cash from operations, compared with $15.68 million in the year-ago period. ADTRAN exited the first quarter of 2017 with cash and cash equivalents of $72.6 million, compared with $79.9 million at the end of 2016.
Dividend
The company declared a cash dividend of 9 cents per share in the first quarter, which will be paid on May 18, to shareholders on record as of May 4, 2017.
Price Performance
ADTRAN underperformed the Zacks categorized Communication Infrastructure industry in the past three months. The company lost 11.74% while the industry gained 0.67% over the same period.
Zacks Rank
ADTRAN carries a Zacks Rank #3 (Hold). Better-ranked stocks in the broader computer & technology sector include Applied Optoelectronics AAOI , Apple AAPL and Analog Devices ADI . Applied Optoelectronics and Analog Devices sport a Zacks Rank #1 (Strong Buy), while Apple carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Shares of Applied Optoelectronics, Apple and Analog Devices gained over 88%, 21% and 6%, respectively, on a year-to-date basis.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
ADTRAN, Inc. (ADTN): Free Stock Analysis Report
Apple Inc. (AAPL): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Analog Devices, Inc. (ADI): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Better-ranked stocks in the broader computer & technology sector include Applied Optoelectronics AAOI , Apple AAPL and Analog Devices ADI . Click to get this free report ADTRAN, Inc. (ADTN): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. Price Performance ADTRAN underperformed the Zacks categorized Communication Infrastructure industry in the past three months.
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Better-ranked stocks in the broader computer & technology sector include Applied Optoelectronics AAOI , Apple AAPL and Analog Devices ADI . Click to get this free report ADTRAN, Inc. (ADTN): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics and Analog Devices sport a Zacks Rank #1 (Strong Buy), while Apple carries a Zacks Rank #2 (Buy).
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Click to get this free report ADTRAN, Inc. (ADTN): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the broader computer & technology sector include Applied Optoelectronics AAOI , Apple AAPL and Analog Devices ADI . ADTRAN exited the first quarter of 2017 with cash and cash equivalents of $72.6 million, compared with $79.9 million at the end of 2016. Dividend The company declared a cash dividend of 9 cents per share in the first quarter, which will be paid on May 18, to shareholders on record as of May 4, 2017.
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Click to get this free report ADTRAN, Inc. (ADTN): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the broader computer & technology sector include Applied Optoelectronics AAOI , Apple AAPL and Analog Devices ADI . At the end of the first quarter of 2017, ADTRAN generated $9.04 million of cash from operations, compared with $15.68 million in the year-ago period.
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e4c257cd-5482-4ad0-91e5-c759843fbeba
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10072.0
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2017-04-19 00:00:00 UTC
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Pitney Bowes-Scalable Systems Tie Up to Aid Healthcare Payers
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AAOI
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https://www.nasdaq.com/articles/pitney-bowes-scalable-systems-tie-up-to-aid-healthcare-payers-2017-04-19
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nan
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Premium technology company, Pitney Bowes Inc.PBI has joined forces with data, analytics and global digital transformation firm, Scalable Systems, to help healthcare payers improve their insurance obligations. The firms will combine real-time data, predictive analytics and big data insights to aid insurance companies in gaining deeper insights about clients.
In the past two months, Pitney Bowes announced tie-ups with multiple companies to aid their digital transformation. For instance, it entered into a partnership with Rapt Media Partner to expedite "Time to Value" for Interactive Video Experiences. Similarly, it joined hands with TRACK to license technologies for the latter's customer engagement services. The recent deal with Scalable Systems will cater to the pressing needs of the insurance companies scouting for ways to slash costs and improve member satisfaction.
Scalable Systems' proprietary offering -- IntelliPayer solution -- will be integrated with Pitney Bowes' Enterprise Location Intelligence platform, Spectrum Spatial and demographic & geospatial data sets to simplify healthcare payments. Furthermore, Scalable Systems will deploy Pitney Bowes' APIs to connect to several modules in the Spectrum Platform, including Universal Addressing, Enterprise Geocoding and Location Intelligence.
Pitney Bowes Continues to Slump
Despite strategic partnerships and other concerted efforts to boost its Software business, Pitney Bowes has been unable to generate a tangible positive impact. Meanwhile, the stock has had a disastrous run on the bourse, losing 13.6% year to date, in stark contrast to the Zacks categorized Office Automation & Equipment industry's average gain of 8.5%.
Pitney Bowes has been facing formidable execution issues over the past few quarters. Also, a number of botched up deals in the software business and currency fluctuations have hurt growth. In addition, any near-term turnaround is unlikely due to deteriorating market conditions, rising operating expenses and major shareholders exiting the stock. An accelerated decline in physical mail volumes is also expected to hamper the Zacks Rank #3 (Hold) company's mailing business.
Please note that brokers are on the sidelines for the stock as its earnings estimates remains unchanged over the month. The Zacks Consensus Estimate for 2017 remains steady at $1.76 over the same time frame.
Stocks to Consider
Some better-ranked stocks worth considering in the industry are listed below:
Applied Optoelectronics, Inc. AAOI has a whopping average earnings surprise of 116.5% for the trailing four quarters, with three back to back beats. It boasts a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
With three beats in the trailing four quarters, Apple Inc. AAPL has a positive average earnings surprise of 0.9%. It currently carries a Zacks Rank #2 (Buy).
Adobe Systems Incorporated ADBE has an average earnings surprise of 7.7% in the past quarters, beating estimates all through. It also holds a Zacks Rank #2.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
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
Apple Inc. (AAPL): Free Stock Analysis Report
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Pitney Bowes Inc. (PBI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Some better-ranked stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has a whopping average earnings surprise of 116.5% for the trailing four quarters, with three back to back beats. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Pitney Bowes Inc. (PBI): Free Stock Analysis Report To read this article on Zacks.com click here. Premium technology company, Pitney Bowes Inc.PBI has joined forces with data, analytics and global digital transformation firm, Scalable Systems, to help healthcare payers improve their insurance obligations.
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Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Pitney Bowes Inc. (PBI): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has a whopping average earnings surprise of 116.5% for the trailing four quarters, with three back to back beats. Premium technology company, Pitney Bowes Inc.PBI has joined forces with data, analytics and global digital transformation firm, Scalable Systems, to help healthcare payers improve their insurance obligations.
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Stocks to Consider Some better-ranked stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has a whopping average earnings surprise of 116.5% for the trailing four quarters, with three back to back beats. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Pitney Bowes Inc. (PBI): Free Stock Analysis Report To read this article on Zacks.com click here. Premium technology company, Pitney Bowes Inc.PBI has joined forces with data, analytics and global digital transformation firm, Scalable Systems, to help healthcare payers improve their insurance obligations.
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Stocks to Consider Some better-ranked stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has a whopping average earnings surprise of 116.5% for the trailing four quarters, with three back to back beats. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Pitney Bowes Inc. (PBI): Free Stock Analysis Report To read this article on Zacks.com click here. Premium technology company, Pitney Bowes Inc.PBI has joined forces with data, analytics and global digital transformation firm, Scalable Systems, to help healthcare payers improve their insurance obligations.
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ed7d85c9-9ffa-4ddf-b2b7-20c0c1d77e5b
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10073.0
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2017-04-17 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for April 17th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-april-17th-2017-04-17
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nan
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nan
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 17 th :
Papa Murphy's Holdings Inc (FRSH) : This franchisor and operator of the Take 'N' Bake pizza chain has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
Papa Murphy's Holdings, Inc. Price and Consensus
Papa Murphy's Holdings, Inc. Price and Consensus | Papa Murphy's Holdings, Inc. Quote
Papa Murphy's shares gained 36.8% in the last five trading days. The company possesses a Momentum Score of A.
Papa Murphy's Holdings, Inc. Price
Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote
Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained 40.2% over the past three months. The company possesses a Momentum Score of B.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
Chemours Company (The) Price and Consensus
Chemours Company (The) Price and Consensus | Chemours Company (The) Quote
Chemours' shares gained 7.8% over the last three months higher. The company possesses a Momentum Score of A.
Chemours Company (The) Price
Chemours Company (The) Price | Chemours Company (The) Quote
Corvus Pharmaceuticals Inc (CRVS) : This clinical-stage biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings soaring 5% over the last 60 days.
Corvus Pharmaceuticals, Inc. Price and Consensus
Corvus Pharmaceuticals, Inc. Price and Consensus | Corvus Pharmaceuticals, Inc. Quote
Corvus Pharmaceuticals' shares rose about 1.6% in the last trading session. The company possesses a Momentum Score of B.
Corvus Pharmaceuticals, Inc. Price
Corvus Pharmaceuticals, Inc. Price | Corvus Pharmaceuticals, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >>
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
Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report
Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company possesses a Momentum Score of A. Papa Murphy's Holdings, Inc. Price Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 17 th : Papa Murphy's Holdings Inc (FRSH) : This franchisor and operator of the Take 'N' Bake pizza chain has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
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The company possesses a Momentum Score of A. Papa Murphy's Holdings, Inc. Price Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Papa Murphy's Holdings, Inc. Price and Consensus Papa Murphy's Holdings, Inc. Price and Consensus | Papa Murphy's Holdings, Inc. Quote Papa Murphy's shares gained 36.8% in the last five trading days.
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The company possesses a Momentum Score of A. Papa Murphy's Holdings, Inc. Price Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of A. Chemours Company (The) Price Chemours Company (The) Price | Chemours Company (The) Quote Corvus Pharmaceuticals Inc (CRVS) : This clinical-stage biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings soaring 5% over the last 60 days.
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The company possesses a Momentum Score of A. Papa Murphy's Holdings, Inc. Price Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Papa Murphy's Holdings, Inc. Price and Consensus Papa Murphy's Holdings, Inc. Price and Consensus | Papa Murphy's Holdings, Inc. Quote Papa Murphy's shares gained 36.8% in the last five trading days.
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a31cce2c-4c87-4b11-98aa-2ef9da8e4baf
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10074.0
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2017-04-17 00:00:00 UTC
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Zacks.com featured highlights: Constellation Brands, Mercadolibre, DXC Technology, Applied Optoelectronics and Arista Networks
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AAOI
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-constellation-brands-mercadolibre-dxc-technology-applied
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nan
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nan
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For Immediate Release
Chicago, IL - April 17, 2017 - Stocks in this week's article include Constellation Brands, Inc. (NYSE: STZ - Free Report ), Mercadolibre, Inc. (NASDAQ: MELI - Free Report ), DXC Technology Company (NYSE: DXC - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Arista Networks, Inc. (NYSE: ANET - Free Report ).
Screen of the Week of Zacks Investment Research:
Go the Driehaus Way: Pick These 5 Momentum Stocks
Pioneer of momentum investing, Richard Driehaus was known for developing a "buy high and sell higher" strategy. Following the success of the strategy, Driehaus earned a place in Barron's All-Century Team. Investors with a high risk appetite might think of using the Driehaus' Strategy to rake in healthy returns from momentum stocks.
The American Association of Individual Investors (AAII) proved that the strategy has the potential to offer high returns. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in thefive- and 10- year timeframe, respectively, compared with -1.1% and 4.2% returns registered by the S&P 500. Thus, investors with a high risk appetite might give = the Driehaus strategy a thought to boost returns.
A Brief Note on Driehaus' Strategy
Regarding the strategy, Driehaus once said: "I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around." In line with his insight, AAII took into account the percentage 50-day moving average as one of the key criteria before designing a portfolio.
It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend.
Moreover, AAII found that Driehaus primarily focused on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was made to provide better returns over the long term.
Screening Parameters
In order to make the strategy more profitable, we have considered stocks that have a Zacks Rank #1 (Strong Buy) and a momentum score of 'A' or 'B'. Our research shows that stocks with a Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 offer the best upside potential.
• Zacks Rank equal to #1
(Only Strong Buy-rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here .)
• Last 5-year average EPS growth rates above 2%
(Strong EPS growth history ensures improving business.)
• Trailing 12 month EPS growth higher than 0 and industry median
(Higher EPS growth compared to the industry average indicates superior stocks.)
• Last four-quarter average EPS surprise greater than 5%
(Positive EPS surprise indicates potential.)
• Positive % 50-day moving average and relative strength over 4 weeks
(High % 50-day moving average and relative strength signal uptrend.)
• Momentum Score equal to or less than B
(Favorable momentum score indicates that it is ideal to take advantage of the momentum with the highest probability of success.)
These few parameters narrowed down the universe of over 7,893 stocks to only eight.
Here are five of the eight stocks that passed the screen:
Constellation Brands, Inc. (NYSE: STZ - Free Report ) is a leading international producer and marketer of beer, wine and spirits. The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 7.7%.
Mercadolibre, Inc. (NASDAQ: MELI - Free Report ) is the largest online trading platform in Latin America. The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 9.2%.
DXC Technology Company (NYSE: DXC - Free Report ) offers information technology services and solutions. The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 16.6%.
Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs, develops and manufactures advanced optical devices. The company has a Momentum Score of 'A' and an average four-quarter positive earnings surprise of 116.5%.
Arista Networks, Inc. (NYSE: ANET - Free Report ) is engaged in providing cloud networking solutions. The company has a Momentum Score of 'B' and an average four-quarter positive earnings surprise of 17.7%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
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Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
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Visit: https://www.zacks.com/performance
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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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
Constellation Brands Inc (STZ): Free Stock Analysis Report
MercadoLibre, Inc. (MELI): Free Stock Analysis Report
Computer Sciences Corporation (DXC): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Arista Networks, Inc. (ANET): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - April 17, 2017 - Stocks in this week's article include Constellation Brands, Inc. (NYSE: STZ - Free Report ), Mercadolibre, Inc. (NASDAQ: MELI - Free Report ), DXC Technology Company (NYSE: DXC - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Arista Networks, Inc. (NYSE: ANET - Free Report ). Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs, develops and manufactures advanced optical devices. Get the full Report on STZ - FREE Get the full Report on MELI - FREE Get the full Report on DXC - FREE Get the full Report on AAOI - FREE Get the full Report on ANET - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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For Immediate Release Chicago, IL - April 17, 2017 - Stocks in this week's article include Constellation Brands, Inc. (NYSE: STZ - Free Report ), Mercadolibre, Inc. (NASDAQ: MELI - Free Report ), DXC Technology Company (NYSE: DXC - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Arista Networks, Inc. (NYSE: ANET - Free Report ). Get the full Report on STZ - FREE Get the full Report on MELI - FREE Get the full Report on DXC - FREE Get the full Report on AAOI - FREE Get the full Report on ANET - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Constellation Brands Inc (STZ): Free Stock Analysis Report MercadoLibre, Inc. (MELI): Free Stock Analysis Report Computer Sciences Corporation (DXC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - April 17, 2017 - Stocks in this week's article include Constellation Brands, Inc. (NYSE: STZ - Free Report ), Mercadolibre, Inc. (NASDAQ: MELI - Free Report ), DXC Technology Company (NYSE: DXC - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Arista Networks, Inc. (NYSE: ANET - Free Report ). Get the full Report on STZ - FREE Get the full Report on MELI - FREE Get the full Report on DXC - FREE Get the full Report on AAOI - FREE Get the full Report on ANET - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report Constellation Brands Inc (STZ): Free Stock Analysis Report MercadoLibre, Inc. (MELI): Free Stock Analysis Report Computer Sciences Corporation (DXC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - April 17, 2017 - Stocks in this week's article include Constellation Brands, Inc. (NYSE: STZ - Free Report ), Mercadolibre, Inc. (NASDAQ: MELI - Free Report ), DXC Technology Company (NYSE: DXC - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Arista Networks, Inc. (NYSE: ANET - Free Report ). Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) designs, develops and manufactures advanced optical devices. Get the full Report on STZ - FREE Get the full Report on MELI - FREE Get the full Report on DXC - FREE Get the full Report on AAOI - FREE Get the full Report on ANET - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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4e8e634b-9ec6-405e-bc89-2b237f66797f
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10075.0
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2017-04-17 00:00:00 UTC
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3D Systems Slashes ProX SLS 500 Price to Expand Market Share
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AAOI
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https://www.nasdaq.com/articles/3d-systems-slashes-prox-sls-500-price-to-expand-market-share-2017-04-17
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nan
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nan
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Premium computer peripherals' company 3D Systems CorporationDDD slashed the price of its high-tech 3D printing system by more than 30% in Europe and North America. The move is in sync with the company's intention to expand market share and augment usage of the non-imitable Selective Laser Sintering ('SLS') technology.
Over the last one month, 3D Systems' shares incurred a loss of 1.90%, narrower than the loss of 2.95% recorded by the Zacks categorized Computer and Technology sector.
Notably, this Zacks Rank #2 (Buy) stocks' projected earnings growth rate for 2017 is currently pegged at 377.40%, way higher than the Zacks classified Computer-Mini computer industry's projected growth rate of 4.20%.
Inside the Headlines
Henceforth, the starting offer price for 3D Systems' ProX SLS 500 3D printing system would be $270,000 in North America and €250,000 in Europe. The company believes that the new price would make the product accessible for a wider base of customers, in turn, enhancing its competency and popularity in the market.
ProX SLS 500 3D printing system includes the state-of-the-art SLS technology. This technology helps to deliver incomparable versatility for printing different types of parts, and shape sizes from internal components for high-volume manufacturing, airplanes and small medical devices.
Besides, 3D Systems' ProX SLS 500 is made up of distinct DuraForm materials, such as tough nylon and fiber-reinforced engineering plastic. In addition to this, the product has a notable rate of materials recyclability.
Why a Favorable Zacks Rank?
Sturdy demand for production printers, materials and software, and healthcare solutions is likely to boost the company's top-line performance in the quarters ahead. This gives 3D Systems a Zacks Rank #2. Further, a streamlined cost structure and new investments are anticipated to generate benefits, moving ahead.
Other Stocks to Consider
Some other stocks worth considering in the industry are listed below:
Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Apple Inc. AAPL has a positive average earnings surprise of 0.89% for the last four quarters and currently carries a Zacks Rank #2.
Adobe Systems Incorporated ADBE also holds a Zacks Rank #2 and generated an average earnings surprise of 7.71% in the past quarters.
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500.
See today's Zacks ""Strong Sells"" absolutely free >> .
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
3D Systems Corporation (DDD): Free Stock Analysis Report
Apple Inc. (AAPL): Free Stock Analysis Report
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company believes that the new price would make the product accessible for a wider base of customers, in turn, enhancing its competency and popularity in the market.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). Notably, this Zacks Rank #2 (Buy) stocks' projected earnings growth rate for 2017 is currently pegged at 377.40%, way higher than the Zacks classified Computer-Mini computer industry's projected growth rate of 4.20%.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, this Zacks Rank #2 (Buy) stocks' projected earnings growth rate for 2017 is currently pegged at 377.40%, way higher than the Zacks classified Computer-Mini computer industry's projected growth rate of 4.20%.
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Other Stocks to Consider Some other stocks worth considering in the industry are listed below: Applied Optoelectronics, Inc. AAOI has an outstanding positive average earnings surprise of 116.49% for the trailing four quarters and boasts a Zacks Rank #1 (Strong Buy). Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. This gives 3D Systems a Zacks Rank #2.
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26c9a8c9-9284-4d62-a249-1b83a4af133b
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10076.0
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2017-04-17 00:00:00 UTC
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Silicon Motion Outperforms on Positive Preliminary Results
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AAOI
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https://www.nasdaq.com/articles/silicon-motion-outperforms-on-positive-preliminary-results-2017-04-17
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nan
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nan
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Shares of Silicon Motion Technology CorpSIMO have outperformed the Zacks Electronic-Semiconductor industry following the recently announced first-quarter 2017 preliminary results. Both revenues and gross margins are now estimated to be in line with the top end of the company's original guidance that was issued on Jan 24, 2017.
Silicon Motion's original revenue guidance range was $121-$128 million, which reflected 11-16% decline on a sequential basis primarily due to seasonally soft client SSD Controller sales, flat eMMC controller sales and declining SSD solution sales.
However, SSD controller sales were anticipated to resume in the second quarter driven by strong pipeline of SSD controller projects, including new PCIe/NVMe SSD controllers.
On a year-over-year basis, sales were expected to grow in the range of 7-14% on the back of robust performance from client SSD controllers, eMMC and UFS controllers along with SSD solutions.
Silicon Motion Technology Corporation Revenue (TTM)
Silicon Motion Technology Corporation Revenue (TTM) | Silicon Motion Technology Corporation Quote
Silicon Motion now anticipates non-GAAP gross margin to be in the top end of its original guidance range of 48-50%. In the original guidance, operating margin was projected in the range of 23-25% for first-quarter 2017. (Read More: Silicon Motion Beats Q4 Earnings, Sales Estimates )
Share Price Momentum to Continue
We note that since fourth-quarter 2016 results (Jan 23, 2017), Silicon Motion shares have increased 6.5% outperforming S&P 500's gain of 2.8%. The better-than-expected preliminary results suggest that the odds are improving for the company.
We expect share price momentum to continue backed by significant improvement in NAND flash supply in second-half 2017. Moreover, strategic product launches and strong commitment toward R&D activities are key catalysts.
Zacks Rank & Key Picks
Silicon Motion carries a Zacks Rank #3 (Hold). Broadcom Limited AVGO , Applied Optoelectronics AAOI and Advanced Micro Devices AMD are better-ranked stocks in the sector. While Broadcom and Applied Optoelectronics sport a Zacks Rank #1 (Strong Buy), AMD carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Long-term earnings growth rate for Broadcom, Applied Optoelectronics and AMD are currently pegged at 13.6%, 18.3% and 6.3%, respectively.
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500.
See today's Zacks "Strong Sells" absolutely free >> .
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
Broadcom Limited (AVGO): Free Stock Analysis Report
Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report
Silicon Motion Technology Corporation (SIMO): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Broadcom Limited AVGO , Applied Optoelectronics AAOI and Advanced Micro Devices AMD are better-ranked stocks in the sector. Click to get this free report Broadcom Limited (AVGO): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Silicon Motion Technology Corporation (SIMO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Silicon Motion Technology CorpSIMO have outperformed the Zacks Electronic-Semiconductor industry following the recently announced first-quarter 2017 preliminary results.
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Click to get this free report Broadcom Limited (AVGO): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Silicon Motion Technology Corporation (SIMO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Broadcom Limited AVGO , Applied Optoelectronics AAOI and Advanced Micro Devices AMD are better-ranked stocks in the sector. Silicon Motion's original revenue guidance range was $121-$128 million, which reflected 11-16% decline on a sequential basis primarily due to seasonally soft client SSD Controller sales, flat eMMC controller sales and declining SSD solution sales.
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Click to get this free report Broadcom Limited (AVGO): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Silicon Motion Technology Corporation (SIMO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Broadcom Limited AVGO , Applied Optoelectronics AAOI and Advanced Micro Devices AMD are better-ranked stocks in the sector. Silicon Motion's original revenue guidance range was $121-$128 million, which reflected 11-16% decline on a sequential basis primarily due to seasonally soft client SSD Controller sales, flat eMMC controller sales and declining SSD solution sales.
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Broadcom Limited AVGO , Applied Optoelectronics AAOI and Advanced Micro Devices AMD are better-ranked stocks in the sector. Click to get this free report Broadcom Limited (AVGO): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Silicon Motion Technology Corporation (SIMO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Silicon Motion Technology Corporation Revenue (TTM) Silicon Motion Technology Corporation Revenue (TTM) | Silicon Motion Technology Corporation Quote Silicon Motion now anticipates non-GAAP gross margin to be in the top end of its original guidance range of 48-50%.
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7b69d5e3-1c08-4fac-85ae-6e472c0ba216
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10077.0
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2017-04-17 00:00:00 UTC
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Is Help on the Way?
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AAOI
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https://www.nasdaq.com/articles/help-way-2017-04-17
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nan
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nan
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The odds were never good that this struggling market would reverse course on the Thursday before a three-day weekend. Volume has been very low, and stocks continue to struggle with uncertainties here at home and overseas. So the major indices were down three days in this shortened, four-day week, and ended Thursday at session lows. "We talked about the fact that no traders want to be long into a long weekend with all the uncertainty out there," said Jeremy in Zacks Counterstrike .
The S&P was down 0.68% today to nearly 2329, the Dow was off 0.67% to 20,453.3 and the NASDAQ declined 0.53% to 5805.2. All three indices dropped by 1% or more for the week (S&P -1.1%, Dow -1%, NASDAQ -1.2%).
The government's pro-growth agenda is still weeks or months away and the geopolitical problems are completely unpredictable, so the market is going to need some help soon to get back on the right track. That help may come from earnings season, which will be picking up steam shortly. Just today we got results from three major banks (JP Morgan, Wells Fargo and Citigroup). They had good performances, but their stocks were down for the day. Hopefully, investors will use this long weekend to recharge their batteries and get ready for a busy season.
Today's Portfolio Highlights:
TAZR Trader: Shares of FireEye (FEYE) have moved lower and could dip all the way through their descending 50-day moving average at $11.57. Kevin sees this as a perfect opportunity to buy more of this cyber-attack security company, so he added an additional 3.5% allocation to the position. Get more specifics in the complete commentary.
Momentum Trader: It looks like the momentum has left Kronos Worldwide (KRO)…but the profit hasn't. Dave decided that now was the time to sell the stock and bank a nice 18.2% return. He then turned around and added a 12.5% allocation in Micron (MU), which has pulled back from its post-earnings highs. "This retracement is providing the perfect buying opportunity for us," said the editor. Get all the details in the full write-up, including a breakdown of its chart.
Zacks Counterstrike: The portfolio added a small position in Applied Optoelectronics (AAOI) yesterday, but the optical devices company reported a strong quarter after hours that sent the stock soaring. There was a little profit taking at the open, so Jeremy wasted no time in adding 10% more to the position. Read all about AAOI in the complete commentary.
Reitmeister Trading Alert:"Stocks did not rebound back above the 50 day moving average on Thursday. In fact, they fell further below with a sharp selloff. This increases momentum to the downside with a likely test of 2300 coming soon.
"This type of event causes mixed reactions from investors. Some get fearful while others get greedy.
"The right reaction is always greed. That is because if you like timing the market, then get greedy in placing some short positions for more market downside. Whereas if you are a long term investor, then get greedy looking to buy the best stocks on the dip.
"We are doing a bit of both. We are greedily benefiting from gains in short positions. And seeking to buy more attractive longs on the dip." -- Steve Reitmeister
Have a Great Weekend,
Jim Giaquinto
Before You Go...
May I direct your attention to the All Trades tab at the top of this service. This brand new and convenient feature lists all the positions held in the portfolios right now and allows you to sort them. Want to know the best performing positions of all the services? Or when your favorite portfolio added a certain stock? Maybe you want to know how many stocks were added on a particular day or how many short positions the editors hold. It's all there! Check it out.
Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Zacks Counterstrike: The portfolio added a small position in Applied Optoelectronics (AAOI) yesterday, but the optical devices company reported a strong quarter after hours that sent the stock soaring. Read all about AAOI in the complete commentary. The government's pro-growth agenda is still weeks or months away and the geopolitical problems are completely unpredictable, so the market is going to need some help soon to get back on the right track.
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Zacks Counterstrike: The portfolio added a small position in Applied Optoelectronics (AAOI) yesterday, but the optical devices company reported a strong quarter after hours that sent the stock soaring. Read all about AAOI in the complete commentary. Reitmeister Trading Alert:"Stocks did not rebound back above the 50 day moving average on Thursday.
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Zacks Counterstrike: The portfolio added a small position in Applied Optoelectronics (AAOI) yesterday, but the optical devices company reported a strong quarter after hours that sent the stock soaring. Read all about AAOI in the complete commentary. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy).
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Zacks Counterstrike: The portfolio added a small position in Applied Optoelectronics (AAOI) yesterday, but the optical devices company reported a strong quarter after hours that sent the stock soaring. Read all about AAOI in the complete commentary. "We talked about the fact that no traders want to be long into a long weekend with all the uncertainty out there," said Jeremy in Zacks Counterstrike .
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8618a3e0-6358-47f0-a978-b0dea3e2d7a6
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10078.0
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2017-04-13 00:00:00 UTC
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Why Gold Fields International, SkyWest, and Applied Optoelectronics Jumped Today
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AAOI
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https://www.nasdaq.com/articles/why-gold-fields-international-skywest-and-applied-optoelectronics-jumped-today-2017-04-13
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nan
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nan
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The stock market had another tough day on Thursday, with major benchmarks again falling between 0.5% and 0.75% on the day. A slate of big banks released their earnings this morning, and although the results were mixed, the sector gave up ground and pulled market sentiment down with it. Geopolitical concerns continue to swirl, and the future of the U.S. domestic agenda remains in doubt as the Trump administration regroups.
Yet some companies reported good news today, and Gold Fields International (NYSE: GFI) , SkyWest (NASDAQ: SKYW) , and Applied Optoelectronics (NASDAQ: AAOI) were among the best performers on the day. Below, we'll look more closely at these stocks to tell you why they did so well.
Gold Fields shines brighter
Shares of Gold Fields International rose 7% on another strong day for precious metals. Gold futures contracts were up more than $10 per ounce, approaching the key $1,300 level, and silver climbed above $18.50 per ounce. Gold has responded favorably to rising geopolitical tensions, and the fact that long-term bond rates have moved lower despite the Federal Reserve's latest short-term rate hike suggests that precious metals might not suffer as much from financing-related outflows as some investors had previously thought. As a key player among South African mining companies, Gold Fields is in a strong position to benefit if a rebound in precious metals picks up steam in the months to come.
SkyWest flies higher
SkyWest stock gained 8% after getting positive comments from stock analysts. Raymond James upgraded the regional carrier from outperform to strong buy, arguing that the airline has plenty of room to keep boosting its profits despite recent share-price weakness. With consolidation among the major airline companies, regional players like SkyWest have filled a key niche in ensuring service to small markets continues. SkyWest has regional arrangements with Delta , United , American , and Alaska Airlines , and that gives it flexibility to deal with changing industry dynamics over time. Raymond James still believes that the stock could climb 25% or more from here, even though SkyWest has more than doubled in little more than a year.
Applied Optoelectronics sees a bright future
Finally, shares of Applied Optoelectronics climbed 11%. The fiber-optic network specialist preannounced its first-quarter financial results, surprising investors with better performance than both they and the company had expected. In particular, Applied Optoelectronics expects first-quarter sales of $96.2 million, which is well above the $87 million to $91 million in revenue that the company had set as its previous guidance. Similarly, earnings of between $1.00 and $1.02 per share were far better than the range of $0.80 to $0.88 per share that Applied Optoelectronics had expected before. Demand for data-center related products has helped spur growth for the company, and investors are hopeful that the trend will continue throughout the remainder of the year, lifting the stock further.
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Dan Caplinger has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Yet some companies reported good news today, and Gold Fields International (NYSE: GFI) , SkyWest (NASDAQ: SKYW) , and Applied Optoelectronics (NASDAQ: AAOI) were among the best performers on the day. As a key player among South African mining companies, Gold Fields is in a strong position to benefit if a rebound in precious metals picks up steam in the months to come. Raymond James upgraded the regional carrier from outperform to strong buy, arguing that the airline has plenty of room to keep boosting its profits despite recent share-price weakness.
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Yet some companies reported good news today, and Gold Fields International (NYSE: GFI) , SkyWest (NASDAQ: SKYW) , and Applied Optoelectronics (NASDAQ: AAOI) were among the best performers on the day. Gold Fields shines brighter Shares of Gold Fields International rose 7% on another strong day for precious metals. Offer from The Motley Fool: The 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market.
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Yet some companies reported good news today, and Gold Fields International (NYSE: GFI) , SkyWest (NASDAQ: SKYW) , and Applied Optoelectronics (NASDAQ: AAOI) were among the best performers on the day. SkyWest flies higher SkyWest stock gained 8% after getting positive comments from stock analysts. Offer from The Motley Fool: The 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market.
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Yet some companies reported good news today, and Gold Fields International (NYSE: GFI) , SkyWest (NASDAQ: SKYW) , and Applied Optoelectronics (NASDAQ: AAOI) were among the best performers on the day. Gold Fields shines brighter Shares of Gold Fields International rose 7% on another strong day for precious metals. Raymond James still believes that the stock could climb 25% or more from here, even though SkyWest has more than doubled in little more than a year.
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27a55341-34c2-4a80-bb48-732731ada6ef
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10079.0
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2017-04-13 00:00:00 UTC
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Why Shares of Applied Optoelectronics Are Soaring Today
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AAOI
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https://www.nasdaq.com/articles/why-shares-applied-optoelectronics-are-soaring-today-2017-04-13
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nan
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nan
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What happened
Shares of fiber-optic network products provider Applied Optoelectronics (NASDAQ: AAOI) jumped on Thursday after the company released preliminary first-quarter results that exceeded its previous guidance. The company expects revenue, gross margin, and net income to be higher than expected, driven by strong demand for its data center products. At 11:30 a.m. EDT, Applied Optoelectronics stock was up about 12%.
So what
Applied Optoelectronics will report its full first-quarter results on May 4. It now expects revenue of $96.2 million, up from its previous guidance range of $87 million to $91 million. CEO Dr. Thompson Lin pointed to robust demand for the company's data center products, as well as solid execution, for the exceptional results.
GAAP and non-GAAP gross margins are now expected in the range of 42.5% to 42.9%, up from a previous guidance range of 38% to 42%. Combined with the higher revenue, this will produce non-GAAP net income between $19.7 million and $20.2 million. That compares to a guidance range of $15.5 million to $17.2 million.
Applied Optoelectronics expects non-GAAP EPS in the range of $1.00 to $1.02, above its guidance of $0.80 and $0.82. The company reported a non-GAAP net loss of $0.04 during the first quarter of 2016.
Now what
Applied Optoelectronics' profits have soared in the past two quarters on strong revenue growth, and the first quarter will continue that trend. Despite slumping since late March, the stock is up nearly 200% over the past year, driven by these strong results.
AAOI data by YCharts .
While investors have been pushing down Applied Optoelectronics stock in recent days on no apparent news, solid first-quarter results were enough to undo some of that decline.
10 stocks we like better than Applied Optoelectronics
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*Stock Advisor returns as of April 3, 2017
Timothy Green has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What happened Shares of fiber-optic network products provider Applied Optoelectronics (NASDAQ: AAOI) jumped on Thursday after the company released preliminary first-quarter results that exceeded its previous guidance. AAOI data by YCharts . CEO Dr. Thompson Lin pointed to robust demand for the company's data center products, as well as solid execution, for the exceptional results.
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What happened Shares of fiber-optic network products provider Applied Optoelectronics (NASDAQ: AAOI) jumped on Thursday after the company released preliminary first-quarter results that exceeded its previous guidance. AAOI data by YCharts . The company expects revenue, gross margin, and net income to be higher than expected, driven by strong demand for its data center products.
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What happened Shares of fiber-optic network products provider Applied Optoelectronics (NASDAQ: AAOI) jumped on Thursday after the company released preliminary first-quarter results that exceeded its previous guidance. AAOI data by YCharts . It now expects revenue of $96.2 million, up from its previous guidance range of $87 million to $91 million.
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What happened Shares of fiber-optic network products provider Applied Optoelectronics (NASDAQ: AAOI) jumped on Thursday after the company released preliminary first-quarter results that exceeded its previous guidance. AAOI data by YCharts . The company expects revenue, gross margin, and net income to be higher than expected, driven by strong demand for its data center products.
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88e9a8e3-2bf8-4a1c-9326-c556ffb5f891
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10080.0
|
2017-04-13 00:00:00 UTC
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Thursday Sector Leaders: Drugs, Semiconductors
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AAOI
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https://www.nasdaq.com/articles/thursday-sector-leaders-drugs-semiconductors-2017-04-13
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nan
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nan
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In trading on Thursday, drugs shares were relative leaders, up on the day by about 0.4%. Leading the group were shares of Bio-Path Holdings, up about 11.4% and shares of Verastem up about 8.6% on the day.
Also showing relative strength are semiconductors shares, up on the day by about 0.2% as a group, led by Applied Optoelectronics, trading higher by about 12.3% and Aehr Test Systems ( AEHR ), trading up by about 10.4% on Thursday.
VIDEO: Thursday Sector Leaders: Drugs, Semiconductors
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Thursday, drugs shares were relative leaders, up on the day by about 0.4%. Also showing relative strength are semiconductors shares, up on the day by about 0.2% as a group, led by Applied Optoelectronics, trading higher by about 12.3% and Aehr Test Systems ( AEHR ), trading up by about 10.4% on Thursday. VIDEO: Thursday Sector Leaders: Drugs, Semiconductors The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Thursday, drugs shares were relative leaders, up on the day by about 0.4%. VIDEO: Thursday Sector Leaders: Drugs, Semiconductors The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Also showing relative strength are semiconductors shares, up on the day by about 0.2% as a group, led by Applied Optoelectronics, trading higher by about 12.3% and Aehr Test Systems ( AEHR ), trading up by about 10.4% on Thursday. VIDEO: Thursday Sector Leaders: Drugs, Semiconductors The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Thursday, drugs shares were relative leaders, up on the day by about 0.4%. Leading the group were shares of Bio-Path Holdings, up about 11.4% and shares of Verastem up about 8.6% on the day. VIDEO: Thursday Sector Leaders: Drugs, Semiconductors The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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abe49ac6-b86c-4397-b828-c13dbc9edd80
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10081.0
|
2017-04-13 00:00:00 UTC
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Pre-Market Most Active for Apr 13, 2017 : BAC, ERIC, JPM, WFC, NOK, XIV, SYT, C, AAOI, TLT, QQQ, OCLR
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AAOI
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https://www.nasdaq.com/articles/pre-market-most-active-apr-13-2017-bac-eric-jpm-wfc-nok-xiv-syt-c-aaoi-tlt-qqq-oclr-2017
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nan
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nan
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The NASDAQ 100 Pre-Market Indicator is down -5.12 to 5,371.91. The total Pre-Market volume is currently 4,981,625 shares traded.
The following are the most active stocks for the pre-market session :
Bank of America Corporation ( BAC ) is -0.04 at $22.61, with 852,448 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2017. The consensus EPS forecast is $0.35. BAC is scheduled to provide an earnings report on 4/18/2017, for the fiscal quarter ending Mar2017. The consensus earnings per share forecast is 0.35 per share, which represents a 21 percent increase over the EPS one Year Ago
Ericsson ( ERIC ) is unchanged at $6.42, with 500,000 shares traded. ERIC's current last sale is 118.89% of the target price of $5.4.
J P Morgan Chase & Co ( JPM ) is +0.32 at $85.72, with 347,531 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $1.7. Market Realist Reports: Bank of America on the Street: What the Analyst Ratings Suggest
Wells Fargo & Company ( WFC ) is -1.12 at $52.00, with 322,315 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2017. The consensus EPS forecast is $0.97. Market Realist Reports: Bank of America on the Street: What the Analyst Ratings Suggest
Nokia Corporation ( NOK ) is -0.02 at $5.26, with 246,574 shares traded. NOK's current last sale is 97.86% of the target price of $5.375.
VelocityShares Daily Inverse VIX Short Term ETN ( XIV ) is -0.6 at $63.42, with 221,520 shares traded. This represents a 213.81% increase from its 52 Week Low.
Syngenta AG ( SYT ) is unchanged at $91.77, with 219,327 shares traded., following a 52-week high recorded in prior regular session.
Citigroup Inc. ( C ) is -0.16 at $58.35, with 219,256 shares traded. Market Realist Reports: Bank of America on the Street: What the Analyst Ratings Suggest
Applied Optoelectronics, Inc. ( AAOI ) is +10.08 at $50.90, with 110,258 shares traded. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range".
iShares 20+ Year Treasury Bond ETF ( TLT ) is +0.3 at $123.39, with 95,462 shares traded. This represents a 5.92% increase from its 52 Week Low.
PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.26 at $130.66, with 87,976 shares traded. This represents a 28.41% increase from its 52 Week Low.
Oclaro, Inc. ( OCLR ) is +0.41 at $9.03, with 86,988 shares traded. As reported by Zacks, the current mean recommendation for OCLR is in the "buy range".
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Market Realist Reports: Bank of America on the Street: What the Analyst Ratings Suggest Applied Optoelectronics, Inc. ( AAOI ) is +10.08 at $50.90, with 110,258 shares traded. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range". Market Realist Reports: Bank of America on the Street: What the Analyst Ratings Suggest Wells Fargo & Company ( WFC ) is -1.12 at $52.00, with 322,315 shares traded.
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Market Realist Reports: Bank of America on the Street: What the Analyst Ratings Suggest Applied Optoelectronics, Inc. ( AAOI ) is +10.08 at $50.90, with 110,258 shares traded. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range". The consensus earnings per share forecast is 0.35 per share, which represents a 21 percent increase over the EPS one Year Ago Ericsson ( ERIC ) is unchanged at $6.42, with 500,000 shares traded.
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Market Realist Reports: Bank of America on the Street: What the Analyst Ratings Suggest Applied Optoelectronics, Inc. ( AAOI ) is +10.08 at $50.90, with 110,258 shares traded. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range". The consensus earnings per share forecast is 0.35 per share, which represents a 21 percent increase over the EPS one Year Ago Ericsson ( ERIC ) is unchanged at $6.42, with 500,000 shares traded.
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Market Realist Reports: Bank of America on the Street: What the Analyst Ratings Suggest Applied Optoelectronics, Inc. ( AAOI ) is +10.08 at $50.90, with 110,258 shares traded. As reported by Zacks, the current mean recommendation for AAOI is in the "buy range". The following are the most active stocks for the pre-market session : Bank of America Corporation ( BAC ) is -0.04 at $22.61, with 852,448 shares traded.
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67a58def-4265-4581-9cbc-41e0f74f0c44
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10082.0
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2017-04-13 00:00:00 UTC
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Noteworthy Thursday Option Activity: GS, ODFL, AAOI
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AAOI
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https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-gs-odfl-aaoi-2017-04-13
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nan
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nan
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Goldman Sachs Group, Inc. (Symbol: GS), where a total volume of 40,288 contracts has been traded thus far today, a contract volume which is representative of approximately 4.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 96.6% of GS's average daily trading volume over the past month, of 4.2 million shares. Particularly high volume was seen for the $230 strike call option expiring April 21, 2017 , with 3,626 contracts trading so far today, representing approximately 362,600 underlying shares of GS. Below is a chart showing GS's trailing twelve month trading history, with the $230 strike highlighted in orange:
Old Dominion Freight Line, Inc. (Symbol: ODFL) saw options trading volume of 4,169 contracts, representing approximately 416,900 underlying shares or approximately 91.6% of ODFL's average daily trading volume over the past month, of 455,115 shares. Especially high volume was seen for the $85 strike call option expiring April 21, 2017 , with 2,000 contracts trading so far today, representing approximately 200,000 underlying shares of ODFL. Below is a chart showing ODFL's trailing twelve month trading history, with the $85 strike highlighted in orange:
And Applied Optoelectronics Inc (Symbol: AAOI) options are showing a volume of 17,217 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 80.3% of AAOI's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $45 strike put option expiring April 21, 2017 , with 6,228 contracts trading so far today, representing approximately 622,800 underlying shares of AAOI. Below is a chart showing AAOI's trailing twelve month trading history, with the $45 strike highlighted in orange:
For the various different available expirations for GS options , ODFL options , or AAOI options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Especially high volume was seen for the $45 strike put option expiring April 21, 2017 , with 6,228 contracts trading so far today, representing approximately 622,800 underlying shares of AAOI. Below is a chart showing ODFL's trailing twelve month trading history, with the $85 strike highlighted in orange: And Applied Optoelectronics Inc (Symbol: AAOI) options are showing a volume of 17,217 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 80.3% of AAOI's average daily trading volume over the past month, of 2.1 million shares.
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Below is a chart showing ODFL's trailing twelve month trading history, with the $85 strike highlighted in orange: And Applied Optoelectronics Inc (Symbol: AAOI) options are showing a volume of 17,217 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 80.3% of AAOI's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $45 strike put option expiring April 21, 2017 , with 6,228 contracts trading so far today, representing approximately 622,800 underlying shares of AAOI.
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Below is a chart showing ODFL's trailing twelve month trading history, with the $85 strike highlighted in orange: And Applied Optoelectronics Inc (Symbol: AAOI) options are showing a volume of 17,217 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 80.3% of AAOI's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $45 strike put option expiring April 21, 2017 , with 6,228 contracts trading so far today, representing approximately 622,800 underlying shares of AAOI.
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Especially high volume was seen for the $45 strike put option expiring April 21, 2017 , with 6,228 contracts trading so far today, representing approximately 622,800 underlying shares of AAOI. Below is a chart showing ODFL's trailing twelve month trading history, with the $85 strike highlighted in orange: And Applied Optoelectronics Inc (Symbol: AAOI) options are showing a volume of 17,217 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 80.3% of AAOI's average daily trading volume over the past month, of 2.1 million shares.
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5f7d0e4a-d9e6-43a2-9128-e22c7f8f8abe
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10083.0
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2017-04-13 00:00:00 UTC
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Too Nervous to Rise
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AAOI
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https://www.nasdaq.com/articles/too-nervous-rise-2017-04-13
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nan
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nan
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The market is just a bundle of nerves right now, and seems more than willing to limp out of this short week and get to the three-day weekend. Stocks spent the session in the red again and showed little desire to reverse course. The S&P finished lower by 0.38% to 2344.9, the Dow was off 0.29% to 20,591.9 and the NASDAQ slipped 0.52% to 5836.2.
D.C. is unlikely to give the market what it wants (tax reform) anytime soon, and now we have to worry about global tensions with Russia/Syria and North Korea. So the best chance we have to break out of this malaise is earnings season, which has its first big day tomorrow with some of the major banks (JP Morgan, Wells Fargo, Citigroup and PNC Financial, among others). If we can get a good earnings season with no further military action, then perhaps the market can calm down a bit and end this pause in the bull run.
We did get a lot more action in the portfolios today than on Tuesday. The earnings season is the busiest time for Surprise Trader , and today it started off with a play in the insurance market. Meanwhile, Zacks Counterstrike and ETF Investor each sold a position for double-digit profits and replaced them with new buys. Learn all about it in the highlights section below:
Today's Portfolio Highlights:
Surprise Trader: It's earnings season again, so things are about to pick up for this portfolio. Eric kicked things off today with a 12.5% position in Progressive Corporation (PGR), which is a play in the insurance market. The stock was just upgraded to a Zacks Rank #1 as all recent estimate revisions have been to the upside with solid magnitude. Plus, it enjoys a positive Earnings ESP of just under 3% for its upcoming report. Add it all up, and the editor believes this is a potential winner moving forward. The full write-up has more on this new addition.
Zacks Counterstrike: The VIX continues to move higher, which was the reason Jeremy bought ProShares Ultra VIX Short-Term Futures (UVXY) a few days ago. The editor thinks this is a good time to sell half of the position for a gain of 25.8% and plans to hold onto the other half until the S&P moves to 2370.
Meanwhile, Applied Optoelectronics (AAOI) has plunged more than 30% over the last couple of weeks for no reason. This Zacks Rank #1 has fallen right into Jeremy's buy zone, so he added a small 5% position today. The company had a strong quarter in February and is nearing its next report on May 8th. The editor took a position today before investors "come to their senses and buy the stock back up". Read the complete commentary for more on these moves. UPDATE: AAOI beat and guided higher after the bell, sending shares upward by more than 17% after hours.
ETF Investor: The portfolio sold WisdomTree Japan Hedged Equity ETF (DXJ) on Wednesday as part of a swap, since this hedged fund has been rather rough lately. However, it still generated a nice 17.2% return. On the other end, Eric added a position in iShares Edge MSCI Minimum Volatility EAFE (EFAV), which has a broader global focus and doesn't use a currency hedge. Basically, this fund's low volatility focus should help it weather the current sluggish environment. The editor will provide a full rationale for these moves in tomorrow's weekly commentary.
Reitmeister Trading Alert:"Tuesday represented the second test of the 50 day moving average with stocks bouncing back above by the close. Unfortunately the third time was not the charm on Wednesday as stocks did break below and close below this key support level at 2351.
"Perhaps stocks bounce back above on Thursday to thwart the downside momentum. But if that does not happen, then I would expect a test of the 100 day moving average at 2300. This is also an important psychological level that should provide some stiff backbone. But if that fails, then perhaps it is finally time to test the long term trend line (200 day moving average) at 2227.
"Again, this is only a call to arms for active short term traders who want to time some of the markets bigger moves. Long term investors can continue to rest easy as this has nothing to do with the bull market losing its grip. Just some of the short term shock waves of a market that was finally due for some downward pressure." -- Steve Reitmeister
One More Thing...
The second episode of the brand-new Zacks Ultimate Strategy Session is now available for viewing! Tune in to this "must-see event" when Steve Reitmeister, Kevin Cook, Eric Dutram and Brian Bolan discussed the investment landscape from most every angle. Don't miss your chance to hear:
• Agree to Disagree: whether IPOs are worth investing in
• Steve's answers to your questions in Reity's Mailbag
• Tips for how you can improve your portfolio
• And much more
Simply log on to Zacks.com and view Episode #2 here. Recommendations from Zacks' Private Portfolios:
Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Meanwhile, Applied Optoelectronics (AAOI) has plunged more than 30% over the last couple of weeks for no reason. UPDATE: AAOI beat and guided higher after the bell, sending shares upward by more than 17% after hours. So the best chance we have to break out of this malaise is earnings season, which has its first big day tomorrow with some of the major banks (JP Morgan, Wells Fargo, Citigroup and PNC Financial, among others).
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Meanwhile, Applied Optoelectronics (AAOI) has plunged more than 30% over the last couple of weeks for no reason. UPDATE: AAOI beat and guided higher after the bell, sending shares upward by more than 17% after hours. Learn all about it in the highlights section below: Today's Portfolio Highlights: Surprise Trader: It's earnings season again, so things are about to pick up for this portfolio.
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Meanwhile, Applied Optoelectronics (AAOI) has plunged more than 30% over the last couple of weeks for no reason. UPDATE: AAOI beat and guided higher after the bell, sending shares upward by more than 17% after hours. Learn all about it in the highlights section below: Today's Portfolio Highlights: Surprise Trader: It's earnings season again, so things are about to pick up for this portfolio.
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Meanwhile, Applied Optoelectronics (AAOI) has plunged more than 30% over the last couple of weeks for no reason. UPDATE: AAOI beat and guided higher after the bell, sending shares upward by more than 17% after hours. The editor took a position today before investors "come to their senses and buy the stock back up".
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be167dcb-00f0-486e-8a9f-4025bf7961ac
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10084.0
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2017-04-13 00:00:00 UTC
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Technology Sector Update for 04/13/2017: LEDS,AAOI,MOSY
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AAOI
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https://www.nasdaq.com/articles/technology-sector-update-04132017-ledsaaoimosy-2017-04-13
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nan
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nan
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Top Tech Stocks
MSFT -0.02%
AAPL -0.06%
IBM -0.39%
CSCO 0.00%
GOOG -0.05%
Technology stocks have given up their prior gains and were trading lower Thursday afternoon, with shares of tech companies in the S&P 500 declining less than 0.1%.
In company news, SemiLEDs Corp ( LEDS ) plunged Thursday after the maker of light emitting diode chips and components company last night saw its fiscal Q2 net loss widen and its revenue fall compared with year-ago levels.
Net loss for the three months ended Feb. 28 was $0.30 per share, expanding on a $0.20 per share loss during the same quarter last year. Revenue dropped 33.3% from last year to $1.8 million. No analyst estimates were available for comparison.
For the current quarter ending in May, the company is projecting revenue in a range 10% either side of $20 million, or between $18 million to $22 million.
LEDS shares were down over 15% at $3.39 apiece this afternoon, previously sinking to a session low of $2.80 a share.
In other sector news,
(+) AAOI, (+13.2%) See Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. Also projects around $96.2 mln in quarterly revenue, up from previous guidance expecting $87 mln to $91 mln. The Street is at $89.77 mln per share.
(-) MOSY, (-35.8%) Revises operating plan to concentrate resources on the production and sale of existing products. Plans to trim workforce by 60% during Q2. Hires investment bank to assist with exploring various strategic and financial activities.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In other sector news, (+) AAOI, (+13.2%) See Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. Technology stocks have given up their prior gains and were trading lower Thursday afternoon, with shares of tech companies in the S&P 500 declining less than 0.1%. In company news, SemiLEDs Corp ( LEDS ) plunged Thursday after the maker of light emitting diode chips and components company last night saw its fiscal Q2 net loss widen and its revenue fall compared with year-ago levels.
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In other sector news, (+) AAOI, (+13.2%) See Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. For the current quarter ending in May, the company is projecting revenue in a range 10% either side of $20 million, or between $18 million to $22 million. Also projects around $96.2 mln in quarterly revenue, up from previous guidance expecting $87 mln to $91 mln.
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In other sector news, (+) AAOI, (+13.2%) See Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. Net loss for the three months ended Feb. 28 was $0.30 per share, expanding on a $0.20 per share loss during the same quarter last year. For the current quarter ending in May, the company is projecting revenue in a range 10% either side of $20 million, or between $18 million to $22 million.
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In other sector news, (+) AAOI, (+13.2%) See Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. Technology stocks have given up their prior gains and were trading lower Thursday afternoon, with shares of tech companies in the S&P 500 declining less than 0.1%. Net loss for the three months ended Feb. 28 was $0.30 per share, expanding on a $0.20 per share loss during the same quarter last year.
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2dc92e42-b2a9-45cd-8e96-e4d979224fc1
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10085.0
|
2017-04-13 00:00:00 UTC
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Technology Sector Update for 04/13/2017: XLNX,QCOM,AAOI,MOSY
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AAOI
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https://www.nasdaq.com/articles/technology-sector-update-04132017-xlnxqcomaaoimosy-2017-04-13
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nan
|
nan
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Top Tech Stocks
MSFT -0.21%
AAPL -0.21%
IBM -0.51%
CSCO -0.46%
GOOG +0.03%
Technology stocks have turned lower this afternoon, with shares of tech companies in the S&P 500 falling about 0.3% today.
In company news, Xilinx ( XLNX ) shares rose Thursday on renewed takeover speculation for the specialty chips manufacturer, with rival and Apple ( AAPL ) supplier Qualcomm ( QCOM ) again mentioned most often as the likely suitor.
Xilinx and Qualcom have been periodically rumored to be heading to the altar for at least a year, especially with the latter's increased focus on data center products to offset its long-time dependence on Apple. The companies already have occasionally partnered on data center solutions in recent years, including an October 2015 hook-up linking Xilinx' field programmable gate array semiconductors with Qualcomm's server platforms.
Today's M&A chatter was tied to a DealReporter news item citing unnamed sources for new merger discussions, according to reports.
Separately, the company last night also said it was promoting its executive vice president and general manager of products, Victor Peng, to be its new chief operating officer, effective immediately. It also named Krishna Rangasayee to be executive vice president of sales.
XLNX shares were up more than 1% at $55.79 apiece, earlier topping out today at $56.37 a share. QCOM shares were down about 0.4% at $53.18 each, drifting south this afternoon following a mid-day push above its break-even mark for today to $53.67 a share.
In other sector news,
(+) AAOI, Sees Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. Also projects around $96.2 mln in quarterly revenue, up from previous guidance expecting $87 mln to $91 mln. The Street is at $89.77 mln per share.
(-) MOSY, Revises operating plan to concentrate resources on the production and sale of existing products. Plans to trim workforce by 60% during Q2. Hires investment bank to assist with exploring various strategic and financial activities.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In other sector news, (+) AAOI, Sees Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. In company news, Xilinx ( XLNX ) shares rose Thursday on renewed takeover speculation for the specialty chips manufacturer, with rival and Apple ( AAPL ) supplier Qualcomm ( QCOM ) again mentioned most often as the likely suitor. The companies already have occasionally partnered on data center solutions in recent years, including an October 2015 hook-up linking Xilinx' field programmable gate array semiconductors with Qualcomm's server platforms.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In other sector news, (+) AAOI, Sees Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. In company news, Xilinx ( XLNX ) shares rose Thursday on renewed takeover speculation for the specialty chips manufacturer, with rival and Apple ( AAPL ) supplier Qualcomm ( QCOM ) again mentioned most often as the likely suitor.
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In other sector news, (+) AAOI, Sees Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. In company news, Xilinx ( XLNX ) shares rose Thursday on renewed takeover speculation for the specialty chips manufacturer, with rival and Apple ( AAPL ) supplier Qualcomm ( QCOM ) again mentioned most often as the likely suitor. XLNX shares were up more than 1% at $55.79 apiece, earlier topping out today at $56.37 a share.
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In other sector news, (+) AAOI, Sees Q1 EPS in a range of $1.00 to 1.02, up from prior outlook expecting $0.80 to $0.88 per share and exceeding the $0.83 per share Capital IQ consensus. Separately, the company last night also said it was promoting its executive vice president and general manager of products, Victor Peng, to be its new chief operating officer, effective immediately. XLNX shares were up more than 1% at $55.79 apiece, earlier topping out today at $56.37 a share.
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76f26cfa-6bd3-4cd1-8b40-a9930bce0b41
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10086.0
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2017-04-12 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for April 12th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-april-12th-2017-04-12
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nan
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nan
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 12 th :
Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained 40.2% over the past three months. The company possesses a Momentum Score of A.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
Corvus Pharmaceuticals Inc (CRVS) : This clinical-stage biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings soaring 5% over the last 60 days.
Corvus Pharmaceuticals, Inc. Price and Consensus
Corvus Pharmaceuticals, Inc. Price and Consensus | Corvus Pharmaceuticals, Inc. Quote
Corvus Pharmaceuticals' shares rose about 1.6% in the last trading session. The company possesses a Momentum Score of A.
Corvus Pharmaceuticals, Inc. Price
Corvus Pharmaceuticals, Inc. Price | Corvus Pharmaceuticals, Inc. Quote
Papa Murphy's Holdings Inc (FRSH) : This franchisor and operator of the Take 'N' Bake pizza chain has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
Papa Murphy's Holdings, Inc. Price and Consensus
Papa Murphy's Holdings, Inc. Price and Consensus | Papa Murphy's Holdings, Inc. Quote
Papa Murphy's shares gained 35.3% in the last five trading days. The company possesses a Momentum Score of B.
Papa Murphy's Holdings, Inc. Price
Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote
Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
Chemours Company (The) Price and Consensus
Chemours Company (The) Price and Consensus | Chemours Company (The) Quote
Chemours' shares gained 7.8% over the last three months higher. The company possesses a Momentum Score of A.
Chemours Company (The) Price
Chemours Company (The) Price | Chemours Company (The) Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
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Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report
Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 12 th : Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of B. Papa Murphy's Holdings, Inc. Price Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
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Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 12 th : Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Papa Murphy's Holdings, Inc. Price and Consensus Papa Murphy's Holdings, Inc. Price and Consensus | Papa Murphy's Holdings, Inc. Quote Papa Murphy's shares gained 35.3% in the last five trading days.
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 12 th : Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of A. Corvus Pharmaceuticals, Inc. Price Corvus Pharmaceuticals, Inc. Price | Corvus Pharmaceuticals, Inc. Quote Papa Murphy's Holdings Inc (FRSH) : This franchisor and operator of the Take 'N' Bake pizza chain has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 12 th : Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics, Inc. Price Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote Corvus Pharmaceuticals Inc (CRVS) : This clinical-stage biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings soaring 5% over the last 60 days.
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87f5d5d9-b734-4adc-9185-f606a7ce689b
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10087.0
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2017-04-12 00:00:00 UTC
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Fiber-Optic Group Stages Easter Rally, But Can It Sidestep Consolidation?
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AAOI
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https://www.nasdaq.com/articles/fiber-optic-group-stages-easter-rally-can-it-sidestep-consolidation-2017-04-12
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nan
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nan
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With new customers like Facebook ( FB ) and Alphabet 's ( GOOGL ) Google in hand, and possibly Apple ( AAPL ) and smartphone makers next, it looks as if fiber-optic component makers should count their blessings.
AT&T ( T ) and other phone companies are still heavy buyers, expanding their telecom networks. And China remains a hot spot as its telecoms upgrade optical technologies for both 4G wireless networks and landline broadband services in urban and rural areas.
The problem, analysts say, is too many fiber-optic component suppliers are chasing after growth opportunities. The overcrowded industry, they say, could use a round or two of consolidation to improve profits.
But Applied Optoelectronics ( AAOI ) snubbed that view late Wednesday, pre-releasing first-quarter guidance that continued its habit of bullish earnings and revenue forecasts . Shares soared 22% at the start of trade Thursday, and the news also lifted Finisar (FNSR), Oclaro (OCLR), Lumentum Holdings (LITE) in early trade.
Despite the gains, the 14-stock industry group collectively ended the holiday-shortened week down nearly 3%. Investors have sent many fiber-optics stocks down hard over the past two weeks, despite outlooks calling for much of the group to post strong double- and triple-digit earnings growth this year.
But estimates across much of the industry drop sharply for 2018, and that's kept investors trained on the industry's ability to maintain growth.
Finisar and Lumentum Holdings, the two biggest fiber-optic parts makers, hold only 16% and 10% of the market, says James Kisner, an analyst at Jefferies. Other suppliers include the much smaller Oclaro, Acacia Communications (ACIA), Applied Optoelectronics, Inphi (IPHI) and NeoPhotonics (NPTN).
"The market structure is tough, there's too many companies competing for a deal," said Kisner in an interview.
Kisner explains that nearly half of the very fragmented market is "others": companies with low single-digit share.
"Consolidation would help," he said.
Lumentum, Finisar and Oclaro all figure in speculation over consolidation. But they are also pricey, and deals may wait for an industry slowdown, analysts say.
Internet companies Facebook, Google and Amazon.com (AMZN) are building new data centers as fast as they can to whisk video, photos and cloud-based services to "mobile millennials." Those would be young adults that can't get enough of Snapchat (SNAP), YouTube or Netflix (NFLX).
Hyperscale Shortens Investment Cycle
Optical networking is part of the "hyperscale" network infrastructure - also including servers, switches, and software - that runs the internet cloud. Fiber optics provides superfast communications between stacks of servers and switches, as well as linking warehouse-size data centers.
Internet content providers in 2016 upped spending on DCI gear by 38% to $904 million, says Dell'Oro Group.
To connect their networks of data centers, internet companies are expected to upgrade from 100 gigabit-per-second technology to 400 Gbps gear by 2019 or 2020. Makers of fiber-optic parts are revving up research and development to meet the faster upgrade cycles of internet companies.
"With telecom, those customers may want a product that lasts 10 years and be rock solid. So optical component companies test the crap out of products and the cycles are long and it's easier to recoup R&D," added Kisner.
But hyperscale customers may upgrade data centers every three years. With shorter investment cycles it makes sense for there to be fewer players, "consolidation would help eliminate some of the duplicative R&D," Kisner says.
Augmenting The iPhone Reality
Lumentum, Finisar and II-IV (IIVI) are chasing another new market - consumer electronics, analysts say. There's been speculation they're in the running to provide 3D-sensor devices to Apple for the upcoming iPhone 8.
Apple is said to be interested in 3D sensors for facial recognition as well as augmented reality. While virtual reality immerses a user in an imagined or replicated world (like video games), augmented reality overlays digital imagery onto the real world. (A simple example: the brutally addictive "Pokemon Go.")
"The optical vendors are not sure of the actual application that Apple intends to deploy, but they seem highly certain of the ramp ahead of the (iPhone 8) launch," said a Barclays report. Even so, some analysts speculate that only some models of the iPhone 8 will include 3D sensors and that more advanced apps, such as augmented reality, may wait until 2018.
Shares of Lumentum and Finisar dropped hard April 5, amid news reports that Apple's iPhone 8 could be delayed until October or November, vs. its original September target. Glitches in production and worries over weakening demand in China have also sent the industry's twitchy stocks plummeting.
The Beast Is Set For A Rebound
In China, China Mobile (CHL), China Telecom (CHA) and China Unicom (CHU) have been big buyers of domestically sourced optical technology, through gear makers Huawei, ZTE and FiberHome.
"China has been a beast in deployment," said Jimmy Yu, analyst at Dell'Oro Group. While spending eased in late 2016, Yu says a new round of contracts are expected to be awarded this spring. A strong rebound in China optical demand is expected in the back half of 2017, he says.
According to a UBS report in March, NeoPhotonics has the highest exposure to China at 60% of revenue, followed by Oclaro at 40%, Acacia at 40%, Lumentum at 30% and Finisar at 20%.
Consolidation Interrupted?
Many of the industry's stocks have retreated from highs set first in September 2016 and then again in March. Even so, IBD's Telecom Fiber-Optics group has collectively gained some 62% from two years ago, and company valuations are historically high, analysts say.
That poses a stumbling block to industry consolidation, says William Blair analyst Dmitry Netis.
"Until we get closer to peak of the cycle I don't expect big deals," said Netis. "Right now, capacity is constrained with strong demand coming from China. When supply meets demand, then things will get on an even keel and maybe that's when consolidation happens."
That may not happen until late 2018, Netis says. For now, multiples are stretched with some companies trading at 20 times PE.
"That's a pretty rich valuation," he said.
Nonetheless, Finisar, Oclaro and Acacia have turned to the markets to raise capital, leading some analysts to speculate about deals.
UBS analyst Tejas Venkatesh, in a report, says Finisar has some $1.2 billion on its balance sheet while Oclaro is "a believer in big deals" to improve industry profitability.
"Key swing factors in consolidation could be price, given stocks have run up, manufacturing locations and extent of vertical integration among different players in the industry," added Venkatesh in the report.
At the Optical Fiber Communication (OFC) exhibition in March, mergers were a hot topic.
"There was increasing talk about needed consolidation in the space, both components and systems, with the biggest hang-up being currently elevated valuations across the space," said Meta Marshall, a Morgan Stanley analyst in a report. "We still maintain this is the best way to improve profitability across a fiercely competitive space, but did not walk away thinking activity was imminent."
Marshall says one problem is that too many vendors are investing in developing next-generation 400 Gbps products. "There may not be enough commonality in 400G approaches to amortize the large amount of development," he said.
IBD'S TAKE:Which companies are hitting 52-week highs? That's easy to find at IBD's New Highs , but that list goes one big step better. That is, it ranks the companies making new highs by Composite Rating .
That was basically the approach taken by JDS Uniphase, Lumentum's forerunner, when it rolled up many fiber-optic component makers following the telecom boom of the late 1990s. But competition from Asian suppliers has since increased, particularly in mature product categories. The result has been pressure on prices.
Today, startups continue to roil the market, some funded by internet companies aiming to develop next-generation technologies.
Recent entrants include Ayar Labs, Elenion Technologies, ColorChip, Lumus, InnoLight, and Fiber Mountain. They're targeting emerging opportunities in augmented reality, silicon photonics (miniaturizing optical and electrical components onto a silicon chip); and software-defined networking (SDN) in data centers.
Competition Heats Up Across Industry
Optical component companies make lasers, transceivers, amplifiers and filters, but there is a lot of bump-and-grind movement within the industry's trade lanes.
NeoPhotonics and Oclaro supply lasers to module-maker Acacia, for example. Finisar sells optical parts to optical system makers such as Ciena (CIEN), Infinera (INFN), and Cisco Systems (CSCO).
At the March OFC exhibition, Ciena announced its entry into the merchant optical-chip market - providing chips to partners such as Lumentum, Oclaro and NeoPhotonics. The three makers of components are expected to build Ciena-designed chips into modules that plug into communications subsystems. Ciena's move will pressure Acacia as data centers upgrade to 400 Gbps technology in 2019-2020, analysts say.
Analysts say competition has also intensified in the data center interconnect (DCI) market. Dell'Oro's Yu says a growing number of internet companies are building their own high-speed optical networks to link data centers that are spread out across metropolitan areas, rather than lease network capacity from the likes of AT&T or Level 3 Communications (LVLT).
Infinera grabbed an early lead in providing DCI systems to internet customers, but Ciena, Germany's Adva Optical, Coriant and others are in hot pursuit. Ciena recently won some DCI business from Amazon, says Netis.
Network switch makers such as Cisco and Arista Networks (ANET), meanwhile, plan to build more optical technology directly into their products, says Netis. He says that could make Infinera a takeover target for Juniper Networks (JNPR), which needs more optical know-how to keep pace with Cisco, Huawei and other network gear makers.
Most growth in the North American optical communications market is coming from internet firms, says Yu at Dell'Oro. He says without the spending of internet firms like Facebook and Amazon, industry sales would be lackluster, even with network upgrades to 100 Gbps in metropolitan areas by the likes of Verizon Communications (VZ).
RELATED:
Did Apple iPhone 8 Rumor Shake Up Two Fiber Stocks?
Fiber-Optic Vendors Eye Red-Hot Internet Data-Center Market
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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But Applied Optoelectronics ( AAOI ) snubbed that view late Wednesday, pre-releasing first-quarter guidance that continued its habit of bullish earnings and revenue forecasts . Internet companies Facebook, Google and Amazon.com (AMZN) are building new data centers as fast as they can to whisk video, photos and cloud-based services to "mobile millennials." Shares of Lumentum and Finisar dropped hard April 5, amid news reports that Apple's iPhone 8 could be delayed until October or November, vs. its original September target.
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But Applied Optoelectronics ( AAOI ) snubbed that view late Wednesday, pre-releasing first-quarter guidance that continued its habit of bullish earnings and revenue forecasts . Hyperscale Shortens Investment Cycle Optical networking is part of the "hyperscale" network infrastructure - also including servers, switches, and software - that runs the internet cloud. To connect their networks of data centers, internet companies are expected to upgrade from 100 gigabit-per-second technology to 400 Gbps gear by 2019 or 2020.
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But Applied Optoelectronics ( AAOI ) snubbed that view late Wednesday, pre-releasing first-quarter guidance that continued its habit of bullish earnings and revenue forecasts . The Beast Is Set For A Rebound In China, China Mobile (CHL), China Telecom (CHA) and China Unicom (CHU) have been big buyers of domestically sourced optical technology, through gear makers Huawei, ZTE and FiberHome. Competition Heats Up Across Industry Optical component companies make lasers, transceivers, amplifiers and filters, but there is a lot of bump-and-grind movement within the industry's trade lanes.
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But Applied Optoelectronics ( AAOI ) snubbed that view late Wednesday, pre-releasing first-quarter guidance that continued its habit of bullish earnings and revenue forecasts . Lumentum, Finisar and Oclaro all figure in speculation over consolidation. To connect their networks of data centers, internet companies are expected to upgrade from 100 gigabit-per-second technology to 400 Gbps gear by 2019 or 2020.
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d1c52e12-951a-482a-b64f-e5210291e152
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10088.0
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2017-04-11 00:00:00 UTC
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Is the Time Ripe to Build Position in Micron Technology?
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AAOI
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https://www.nasdaq.com/articles/is-the-time-ripe-to-build-position-in-micron-technology-2017-04-11
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nan
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nan
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The technology space continues to be investors' favorite due to its dynamic nature. This field is expected to grow faster than ever before. Therefore, if you invest right, you can reap the benefits over time. Tech companies will continue to transform our world with each passing year. So, if you don't want to be left behind, make sure you're investing in quality tech stocks.
Below we have evaluated one technology company that has demonstrated remarkable share price performance so far this year. Micron Technology, Inc.MU generated high returns for investors in the year-to-date period and has the potential to exceed expectations in the days ahead.
The stock gained approximately 26.1%, outperforming the Zacks categorized Electronic-Semiconductor industry's return of just 7.1%.
What's Driving the Stock?
The main reason behind the optimism surrounding the stock is improving prices for DRAM and NAND chips, which makes investors confident about Micron's growth. Per various sources, DRAM and NAND prices improved primarily due to a better product mix optimization and higher-than-expected demand for PCs, servers and mobiles.
The benefit from improved pricing is well reflected in the company's last quarterly results. The company's second-quarter fiscal 2017 revenues not only jumped 58.4% on a year-over-year basis, but also surpassed the Zacks Consensus Estimate. Most importantly, the figure witnessed a 21% increase in DRAM average selling prices (ASP) during the quarter.
The company's fiscal second-quarter adjusted earnings per share (excluding the impact of one-time items but including stock-based compensation expense) of 77 cents came in line with the Zacks Consensus Estimate and also compared favourably with the year-ago quarter's loss of 5 cents.
An encouraging top- and bottom-line guidance for the fiscal third quarter, way above the respective Zacks Consensus Estimate, also helped in boosting investors' confidence about the company's future prospects.
Upward Estimate Revisions
In the last 30 days, the Zacks Consensus Estimate for the third quarter and fiscal 2017 witnessed upward revisions. For the fiscal third quarter, the Zacks Consensus Estimate is currently pegged at $1.37, up 69 cents from earnings of 68 cents projected 30 days ago. The Zacks Consensus Estimate for fiscal 2017 is currently pegged at $3.67 cents compared with $2.33 projected 30 days ago.
Other Driving Factors
It should be noted that Micron has been expanding in the SSD storage market due to the decline in the PC market. Notably, SSDs are faster and more energy efficient than traditional hard drives. These are also used in servers due to lower latency, thereby facilitating faster response to real-time applications.
Notably, the company has an interesting partnership with Seagate STX . Under the agreement, Micron supplies a significant portion of Seagate's NAND requirement. In return, Seagate shares its SAS SSD technology with Micron - a key technology that the latter lacks in the enterprise SSD market. We believe that this deal will expand Micron's high-value enterprise SSD portfolio.
Additionally, the acquisition of Inotera in 2016 is anticipated to be accretive to Micron's DRAM gross margin, earnings per share and free cash flow. According to the company, the acquisition will also have some operational benefits, leading to efficient management of investment levels and cadence followed by alignment with global manufacturing operations.
The company anticipates the aforementioned factors to also have a positive impact on its fiscal third-quarter results.
Bottom Line
Looking at the improving selling prices for DRAM and strategic initiatives of expanding in the SSD market, we consider that Micron is one such technology stock which is worthy of remaining in investors' portfolio.
On the valuation front too, the stock looks attractive. The company currently trades at a forward P/E multiple of 7.5x, significantly lower than the Zacks categorized Electronics-Semiconductor industry average of 14.6x. The ratio, which is obtained by dividing a stock's current market price with its historical or estimated earnings, measures how much an investor needs to shell out per dollar of earnings. Therefore, lower the P/E of a stock, the better for a value investor.
Hence, we believe that there is still much momentum left in this Zacks Rank #1 (Strong Buy) stock, which is quite evident from its VGM Style Score of "A" and long-term earnings growth rate of 10%. You can see the complete list of today's Zacks #1 Rank stocks here .
The stock has grabbed the spotlight with striking performances on the back of solid earnings results and robust growth projections. Keeping this in mind, we believe that investing in this stock will yield strong returns in the near term.
A couple of other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Broadcom Ltd. AVGO , both sporting a Zacks Rank #1. Applied Optoelectronics and Broadcom have an expected long-term EPS growth rate of 18.3% and 13.6%, respectively.
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Seagate Technology PLC (STX): Free Stock Analysis Report
Broadcom Limited (AVGO): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Micron Technology, Inc. (MU): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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A couple of other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Broadcom Ltd. AVGO , both sporting a Zacks Rank #1. Click to get this free report Seagate Technology PLC (STX): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. The main reason behind the optimism surrounding the stock is improving prices for DRAM and NAND chips, which makes investors confident about Micron's growth.
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Click to get this free report Seagate Technology PLC (STX): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. A couple of other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Broadcom Ltd. AVGO , both sporting a Zacks Rank #1. Upward Estimate Revisions In the last 30 days, the Zacks Consensus Estimate for the third quarter and fiscal 2017 witnessed upward revisions.
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Click to get this free report Seagate Technology PLC (STX): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. A couple of other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Broadcom Ltd. AVGO , both sporting a Zacks Rank #1. The company's fiscal second-quarter adjusted earnings per share (excluding the impact of one-time items but including stock-based compensation expense) of 77 cents came in line with the Zacks Consensus Estimate and also compared favourably with the year-ago quarter's loss of 5 cents.
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A couple of other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI and Broadcom Ltd. AVGO , both sporting a Zacks Rank #1. Click to get this free report Seagate Technology PLC (STX): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. The benefit from improved pricing is well reflected in the company's last quarterly results.
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1e70dbf8-36f1-4f6a-a1ad-9bfbed329350
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10089.0
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2017-04-10 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for April 10th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-april-10th-2017-04-10
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nan
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nan
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 10 th :
Papa Murphy's Holdings Inc (FRSH) : This franchisor and operator of the Take 'N' Bake pizza chain has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
Papa Murphy's Holdings, Inc. Price and Consensus
Papa Murphy's Holdings, Inc. Price and Consensus | Papa Murphy's Holdings, Inc. Quote
Papa Murphy's shares gained 20.6% in the last five trading days. The company possesses a Momentum Score of B.
Papa Murphy's Holdings, Inc. Price
Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote
Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
Chemours Company (The) Price and Consensus
Chemours Company (The) Price and Consensus | Chemours Company (The) Quote
Chemours' shares gained 69.4% over the last three months higher. The company possesses a Momentum Score of A.
Chemours Company (The) Price
Chemours Company (The) Price | Chemours Company (The) Quote
Applied Optoelectronics, Inc . (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained more than 100% in the last three months. The company possesses a Momentum Score of A.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
DST Systems, Inc. (DST) : This technology-based information processing solutions provider has witnessed the Zacks Consensus Estimate for its current year earnings rising 2.3% over the last 60 days.
DST Systems, Inc. Price and Consensus
DST Systems, Inc. Price and Consensus | DST Systems, Inc. Quote
DST Systems' shares gained 9.1% over the last three months. The company possesses a Momentum Score of A.
DST Systems, Inc. Price
DST Systems, Inc. Price | DST Systems, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
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Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report
DST Systems, Inc. (DST): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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(AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 10 th : Papa Murphy's Holdings Inc (FRSH) : This franchisor and operator of the Take 'N' Bake pizza chain has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
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Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Papa Murphy's Holdings, Inc. Price and Consensus Papa Murphy's Holdings, Inc. Price and Consensus | Papa Murphy's Holdings, Inc. Quote Papa Murphy's shares gained 20.6% in the last five trading days.
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Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. The company possesses a Momentum Score of B. Papa Murphy's Holdings, Inc. Price Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
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(AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report DST Systems, Inc. (DST): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. The company possesses a Momentum Score of B. Papa Murphy's Holdings, Inc. Price Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.
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7151dee1-b361-4007-bc6d-bc8f6c4c4617
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10090.0
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2017-04-07 00:00:00 UTC
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What Makes Marvell (MRVL) Stock a Potential Pick Right Now?
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AAOI
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https://www.nasdaq.com/articles/what-makes-marvell-mrvl-stock-a-potential-pick-right-now-2017-04-07
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nan
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nan
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The technology space continues to be investors' favorite due to its dynamic nature. This field is anticipated to grow faster than ever before. Therefore, if you invest right, you can reap the benefits over time. Tech companies will continue to transform our world with each passing year. So, if you don't want to be left behind, make sure you're investing in quality tech stocks.
Below we have evaluated one technology company that has demonstrated remarkable share price performance so far this year. Marvell Technology Group Ltd.MRVL generated high returns for investors in the last one year and has the potential to exceed expectations in the days ahead.
The stock gained approximately 43.5%, outperforming the Zacks categorized Semiconductor-Communications industry's return of 41.1%.
What's Driving the Stock?
Marvell is a promising player in the solid state drive (SSD) controllers market. Over the coming years, it expects an increasing number of PCs/servers to use flash-based solid state technology for storage. The storage market is seeing a steady increase in demand, given fast-growing data volume, especially the exponential growth in unstructured data. NAND (non-volatile storage technology) demand is likely to remain robust this year as well.
SSD demand will also increase and could even surpass manufacturing capacity, leading to periodic shortage and higher pricing in the near term. Marvell is benefiting from growing demand for SSD products. This is evident from the company's fiscal 2017 revenues from the storage end market, which accounted for majority of total revenues.
Furthermore, we believe that the strong demand for Marvell's 4G LTE products could be a key growth driver. This will be supported by growth from the company's wide range of recently-launched Internet of Things (IoT) solutions.
In addition, the company's recent restructuring initiative will help Marvell improve its cloud infrastructure and applications, which are expected to drive the top line. The latest buyback scheme also reflects the company's sound financial position and favorable prospects.
Also, the company's back-to-back three quarters of better-than-expected bottom-line results has boosted investor's confidence over the stock. Apart from this, an encouraging first-quarter 2017 outlook provided in the last quarterly earnings conference call also makes us optimistic about its near-term performance.
Upward Estimate Revisions
In the last 60 days, the Zacks Consensus Estimate for the current quarter and fiscal 2018 witnessed upward revisions. For the current quarter, the Zacks Consensus Estimate is pegged at 16 cents, up 5 cents from earnings of 11 cents projected 60 days ago. Similarly, the Zacks Consensus Estimate for fiscal 2018 is currently pegged at 83 cents compared with 68 cents projected 30 days ago.
Valuation Looks Attractive
From a valuation perspective, the stock looks attractive as it currently trades significantly lower than the industry average based on a forward earnings estimate. This signifies huge upward potential. Marvell currently trades at a forward P/E of 18.3x compared with the industry group average of 21.9x.
Hence, there is still much momentum left in this Zacks Rank #2 (Buy) stock, which is quite evident from its VGM Style Score of "B" and long-term earnings growth rate of 14.7%. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Keeping these positives in mind, we believe that Marvell is one such technology stock that deserves a place in investors' portfolio.
Other Key Picks
A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. Applied Optoelectronics, Broadcom and Micron have expected long-term EPS growth rate of 18.3%, 13.6% and 10%, respectively.
Zacks' Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
Click here for Zacks' private trades >>
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
Marvell Technology Group Ltd. (MRVL): Free Stock Analysis Report
Broadcom Limited (AVGO): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Micron Technology, Inc. (MU): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. Click to get this free report Marvell Technology Group Ltd. (MRVL): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Marvell Technology Group Ltd.MRVL generated high returns for investors in the last one year and has the potential to exceed expectations in the days ahead.
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Click to get this free report Marvell Technology Group Ltd. (MRVL): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. For the current quarter, the Zacks Consensus Estimate is pegged at 16 cents, up 5 cents from earnings of 11 cents projected 60 days ago.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. Click to get this free report Marvell Technology Group Ltd. (MRVL): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Hence, there is still much momentum left in this Zacks Rank #2 (Buy) stock, which is quite evident from its VGM Style Score of "B" and long-term earnings growth rate of 14.7%.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. Click to get this free report Marvell Technology Group Ltd. (MRVL): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Marvell Technology Group Ltd.MRVL generated high returns for investors in the last one year and has the potential to exceed expectations in the days ahead.
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8b1177c1-d238-4fa4-ba46-ea7edbbbdbe3
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10091.0
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2017-04-06 00:00:00 UTC
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BlackBerry (BBRY) Q4 Solid, Deals Hold Promise: Time to Buy?
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AAOI
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https://www.nasdaq.com/articles/blackberry-bbry-q4-solid-deals-hold-promise%3A-time-to-buy-2017-04-06
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nan
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nan
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On Apr 5, we issued an updated research report on BlackBerry LimitedBBRY . Shares of this Waterloo, Ontario-based company gained 16.99% in the last one month, outperforming the Zacks categorized Wireless - Non US industry's gain of 4.10%.
Further upside is expected following the company's impressive bottom-line performance in the fourth quarter of fiscal 2017.
Coming Off a Strong Quarter
BlackBerry reported narrower-than-expected loss in the fiscal fourth quarter. Loss also narrowed on a year-over-year basis. Lower costs boosted the bottom-line performance. The company's guidance for fiscal 2018 is also encouraging. The company expects its software business to either outperform or at least perform at par with the overall market in fiscal 2018. In fact, the company anticipates profitability (on an adjusted basis) and also expects to generate positive free cash flow in fiscal 2018.
Meanwhile, the Zacks Consensus Estimate for fiscal 2018 loss has narrowed by a cent to 6 cents per share over the last seven days.
In order to strengthen its position in the software business, BlackBerry has recently inked multiple deals. The company's newly formed joint venture (JV), PT BB Merah Putih, to license its software and services for the production of handsets for the Indonesian market is also encouraging. Earlier this year, BlackBerry signed a commendable cross-platform deal with Emtek, an entertainment, media and technology power house of Indonesia. The deal with Giuliani Partners to combat cyber threats also raises optimism. The deal with Indian telecom enterprise, Optiemus Infracom Ltd, is another positive.
BlackBerry's deal with leading auto manufacturer Ford Motor Company is again a noteworthy one. The deal will see the expanded use of BlackBerry's QNX and security software at Ford. Notably, the QNX software has been deployed in over 60 million vehicles.
BlackBerry's decision to end all internal hardware development and focus exclusively on software business seems to be paying off. In order to strengthen its position in the software business, the company recently inked a number of deals. It also announced a second device in the DTEK series of Android smartphones called DTEK60 which is equipped with the company's popular security software. Last December, BlackBerry had entered into a deal with TCL to manufacture BlackBerry handsets for a few countries. The company expects its software business to either outperform or be on par with the overall market in fiscal 2018. In fact, the company expects higher profits (on an adjusted basis) and positive free cash flow in fiscal 2018.
In view of these positives, it seems to be the right time to invest in the stock. BlackBerry's Zacks Rank #1 (Strong Buy) seems to suggest the same. You can see the complete list of today's Zacks #1 Rank stocks here .
Other Key Picks
Investors interested in the broader computer and technology sector may also consider TIM Participacoes TSU , Analog Devices ADI and Applied Optoelectronics AAOI , which carry the same rank as BlackBerry.
Shares of TIM Participacoes, Analog Devices and Applied Optoelectronics gained over 37%, 10% and 90%, respectively, on a year-to-date basis.
Zacks' Best Private Investment Ideas
In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time?
Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >>
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
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
TIM Participacoes S.A. (TSU): Free Stock Analysis Report
BlackBerry Limited (BBRY): Free Stock Analysis Report
Analog Devices, Inc. (ADI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Key Picks Investors interested in the broader computer and technology sector may also consider TIM Participacoes TSU , Analog Devices ADI and Applied Optoelectronics AAOI , which carry the same rank as BlackBerry. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report TIM Participacoes S.A. (TSU): Free Stock Analysis Report BlackBerry Limited (BBRY): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. The company's newly formed joint venture (JV), PT BB Merah Putih, to license its software and services for the production of handsets for the Indonesian market is also encouraging.
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Other Key Picks Investors interested in the broader computer and technology sector may also consider TIM Participacoes TSU , Analog Devices ADI and Applied Optoelectronics AAOI , which carry the same rank as BlackBerry. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report TIM Participacoes S.A. (TSU): Free Stock Analysis Report BlackBerry Limited (BBRY): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, the company expects higher profits (on an adjusted basis) and positive free cash flow in fiscal 2018.
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Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report TIM Participacoes S.A. (TSU): Free Stock Analysis Report BlackBerry Limited (BBRY): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks Investors interested in the broader computer and technology sector may also consider TIM Participacoes TSU , Analog Devices ADI and Applied Optoelectronics AAOI , which carry the same rank as BlackBerry. The company expects its software business to either outperform or at least perform at par with the overall market in fiscal 2018.
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Other Key Picks Investors interested in the broader computer and technology sector may also consider TIM Participacoes TSU , Analog Devices ADI and Applied Optoelectronics AAOI , which carry the same rank as BlackBerry. Click to get this free report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report TIM Participacoes S.A. (TSU): Free Stock Analysis Report BlackBerry Limited (BBRY): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. The company expects its software business to either outperform or at least perform at par with the overall market in fiscal 2018.
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f8419b30-feca-4ea2-9cac-57b2b465c5a9
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10092.0
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2017-04-04 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for April 4th
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AAOI
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-april-4th-2017-04-04
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nan
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nan
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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 4 th :
Corvus Pharmaceuticals Inc (CRVS) : This clinical-stage biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings soaring 5% over the last 60 days.
Corvus Pharmaceuticals, Inc. Price and Consensus
Corvus Pharmaceuticals, Inc. Price and Consensus | Corvus Pharmaceuticals, Inc. Quote
Corvus Pharmaceuticals' shares rose about 37.7% over the past three month's period. The company possesses a Momentum Score of A.
Corvus Pharmaceuticals, Inc. Price
Corvus Pharmaceuticals, Inc. Price | Corvus Pharmaceuticals, Inc. Quote
Papa Murphy's Holdings Inc (FRSH) : This franchisor and operator of the Take 'N' Bake pizza chain has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
Papa Murphy's Holdings, Inc. Price and Consensus
Papa Murphy's Holdings, Inc. Price and Consensus | Papa Murphy's Holdings, Inc. Quote
Papa Murphy's shares gained 23.9% in the last five trading days. The company possesses a Momentum Score of A.
Papa Murphy's Holdings, Inc. Price
Papa Murphy's Holdings, Inc. Price | Papa Murphy's Holdings, Inc. Quote
Applied Optoelectronics, Inc . (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.
Applied Optoelectronics, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics' shares gained 0.9% over the past one month. The company possesses a Momentum Score of B.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
Canon, Inc . (CAJ): This industry leader in professional and consumer imaging equipment and information systems has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
Canon, Inc. Price and Consensus
Canon, Inc. Price and Consensus | Canon, Inc. Quote
Canon's shares gained 7.9% in the one month period. The company possesses a Momentum Score of B.
Canon, Inc. Price
Canon, Inc. Price | Canon, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
Now See All Our Private Trades
While today's Zacks Rank #1 new additions 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 all Zacks trades >>
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
Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report
Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report
Canon, Inc. (CAJ): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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(AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Canon, Inc. (CAJ): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (CAJ): This industry leader in professional and consumer imaging equipment and information systems has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
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Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Canon, Inc. (CAJ): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Papa Murphy's Holdings, Inc. Price and Consensus Papa Murphy's Holdings, Inc. Price and Consensus | Papa Murphy's Holdings, Inc. Quote Papa Murphy's shares gained 23.9% in the last five trading days.
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Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Canon, Inc. (CAJ): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. The company possesses a Momentum Score of A. Corvus Pharmaceuticals, Inc. Price Corvus Pharmaceuticals, Inc. Price | Corvus Pharmaceuticals, Inc. Quote Papa Murphy's Holdings Inc (FRSH) : This franchisor and operator of the Take 'N' Bake pizza chain has seen the Zacks Consensus Estimate for its current year earnings advancing 100% over the last 60 days.
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(AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days. Click to get this free report Papa Murphy's Holdings, Inc. (FRSH): Free Stock Analysis Report Corvus Pharmaceuticals, Inc. (CRVS): Free Stock Analysis Report Canon, Inc. (CAJ): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, April 4 th : Corvus Pharmaceuticals Inc (CRVS) : This clinical-stage biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings soaring 5% over the last 60 days.
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1cf4dc33-ea1d-49c3-8d73-7e0093ec3843
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10093.0
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2017-04-04 00:00:00 UTC
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MKS Instruments (MKSI) Divests Analytics Business for $72.5M
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AAOI
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https://www.nasdaq.com/articles/mks-instruments-mksi-divests-analytics-business-for-%2472.5m-2017-04-04
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nan
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nan
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Premium Scientific & Technical Instruments company, MKS Instruments, Inc.MKSI recently completed the divestiture of its Data Analytics Solutions business to the prominent biopharmaceutical supplier, Sartorius Stedim Biotech (Sartorius). We believe that the move is in sync with the company's latest operating model.
MKS Instruments' stock looks a safe investment bet at the moment. Over the last one year, shares of this Zacks Rank #2 (Buy) stock yielded a return of 81.06%, outperforming 49.22% growth recorded by the Zacks classified Electronics-Manufacturing Machinery industry. Also, the stock's projected earnings per share ('EPS') growth for (F1/F0) and (F2/F1) is currently pegged at 28.05% and 8.51%, respectively.
Deal with Sartorius
Sartorius provides high-quality cutting-edge apparatus and services for manufacturing processes, quality assurance, and development of the global biopharmaceutical market. MKS Instruments' divested its Data Analytics Solutions trade to Sartorius for $72.5 million, on a debt-free and cash basis. It is a software business of the company based in Malmo, Sweden.
MKS Data Analytics Solutions offers a premium solution to end users, named Umetrics Suite. The suit includes the company's popular software platforms such as MODDE and SIMCA. These unique multivariate data analysis and modelling software are used by numerous pharmaceutical and biotechnology companies across the world.
Until Jan 13, 2016, MKS Data Analytics Solutions was known as MKS Umetrics. Notably, MKS Instruments had acquired Umetrics on Jan 3, 2006.
In 2016, MKS Data Analytics Solutions generated revenues worth $13 million.
Our Take
MKS Instruments is currently boosting its top- and bottom-line performance on the back of a renewed operating model. The company is making new investments in certain specific end markets (like semiconductor) witnessing robust demand. In order to fund these investments, the company has been strategically reducing interest expenses and deleveraging its balance sheet. In addition, we believe that the above mentioned sale of the analytics business is likely to improve MKS Instruments' liquidity in the near term.
Other Stocks to Consider
Some other well-ranked stocks within the industry are listed below:
Applied Optoelectronics, Inc. AAOI has a remarkable positive average earnings surprise of 116.49% for the past four quarters and currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Analog Devices, Inc. ADI boasts a Zacks Rank #1 and has a positive average earnings surprise of 14.14% for the trailing four quarters.
Adobe Systems Incorporated ADBE presently holds a Zacks Rank #2 (Buy) and has a positive average earnings surprise of 7.71% for the last four quarters.
Zacks' Best Private Investment Ideas
In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time?
Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >>
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
MKS Instruments, Inc. (MKSI): Free Stock Analysis Report
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Analog Devices, Inc. (ADI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Stocks to Consider Some other well-ranked stocks within the industry are listed below: Applied Optoelectronics, Inc. AAOI has a remarkable positive average earnings surprise of 116.49% for the past four quarters and currently sports a Zacks Rank #1 (Strong Buy). Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. MKS Instruments' divested its Data Analytics Solutions trade to Sartorius for $72.5 million, on a debt-free and cash basis.
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Other Stocks to Consider Some other well-ranked stocks within the industry are listed below: Applied Optoelectronics, Inc. AAOI has a remarkable positive average earnings surprise of 116.49% for the past four quarters and currently sports a Zacks Rank #1 (Strong Buy). Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. Adobe Systems Incorporated ADBE presently holds a Zacks Rank #2 (Buy) and has a positive average earnings surprise of 7.71% for the last four quarters.
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Other Stocks to Consider Some other well-ranked stocks within the industry are listed below: Applied Optoelectronics, Inc. AAOI has a remarkable positive average earnings surprise of 116.49% for the past four quarters and currently sports a Zacks Rank #1 (Strong Buy). Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. Premium Scientific & Technical Instruments company, MKS Instruments, Inc.MKSI recently completed the divestiture of its Data Analytics Solutions business to the prominent biopharmaceutical supplier, Sartorius Stedim Biotech (Sartorius).
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Other Stocks to Consider Some other well-ranked stocks within the industry are listed below: Applied Optoelectronics, Inc. AAOI has a remarkable positive average earnings surprise of 116.49% for the past four quarters and currently sports a Zacks Rank #1 (Strong Buy). Click to get this free report MKS Instruments, Inc. (MKSI): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. We believe that the move is in sync with the company's latest operating model.
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132de051-d063-4f03-b86d-08a1c9c06f50
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10094.0
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2017-04-04 00:00:00 UTC
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Buy 3 Top Profitable Stocks for Stupendous Returns
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AAOI
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https://www.nasdaq.com/articles/buy-3-top-profitable-stocks-for-stupendous-returns-2017-04-04
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nan
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nan
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A company with high profitability manages to meet all its operating and non-operating expenses and still provide high returns to its investors. In this respect, profitability analysis is used to measure the pricing strategies of a company and helps in select the top performing companies.
One of the best ways to measure a company's profitability is ratio analysis. There are three key profitability ratios - gross income ratio, operating income ratio, pre-tax profit margin and net income ratio. From these, we have chosen the most effective and commonly used profitability ratio, net income ratio.
Net Income Ratio
Net income ratio gives us the exact profit level of a company. It reflects the percentage of net income to total sales revenue. Using net income ratio, one can determine a company's capability to bear all its operating and non-operating expenses from its sales revenue. A higher net income ratio usually implies a company's ability to generate ample sales revenue and successfully manage all its business functions.
Screening Parameters
Net income ratio is not the only indicator of future winners. So, we have added a few more criteria to arrive at a winning strategy.
Zacks Rank equal to #1: Only Zacks Rank #1 (Strong Buy) stocks are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off. You can see the complete list of today's Zacks #1 Rank stocks here .
12-Month Trailing Sales and Net Income Growth Higher than X Industry: Stocks that possess higher sales and net income growth in the last 12 months showcase better financial performance.
12-Month Trailing Net Income Ratio Higher than X Industry: High net income ratio indicates a company's solid profitability.
% Rating Strong Buy greater than 70%: This indicates that 70% of the analysts covering these stocks are optimistic.
Here are three stocks that qualified the screening:
Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. It has an average four-quarter positive earnings surprise of more than 100%.
Ebix, Inc.EBIX is one of the leading international suppliers of software and e-commerce solutions to the insurance industry. It has an average four-quarter positive earnings surprise of 14.4%.
SORL Auto Parts, Inc.SORL specializes in the development, production and distribution of air brake systems and other related products. It has an average four-quarter positive earnings surprise of 38.1%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
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
SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report
Ebix, Inc. (EBIX): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are three stocks that qualified the screening: Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. Click to get this free report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report Ebix, Inc. (EBIX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Using net income ratio, one can determine a company's capability to bear all its operating and non-operating expenses from its sales revenue.
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Click to get this free report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report Ebix, Inc. (EBIX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are three stocks that qualified the screening: Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. 12-Month Trailing Sales and Net Income Growth Higher than X Industry: Stocks that possess higher sales and net income growth in the last 12 months showcase better financial performance.
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Click to get this free report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report Ebix, Inc. (EBIX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are three stocks that qualified the screening: Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. There are three key profitability ratios - gross income ratio, operating income ratio, pre-tax profit margin and net income ratio.
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Click to get this free report SORL Auto Parts, Inc. (SORL): Free Stock Analysis Report Ebix, Inc. (EBIX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are three stocks that qualified the screening: Applied Optoelectronics, Inc.AAOI designs and develops advanced optical devices, packaged optical components, laser transmitters, etc. 12-Month Trailing Net Income Ratio Higher than X Industry: High net income ratio indicates a company's solid profitability.
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32fda56c-91b0-4f0f-916e-a066c9da3f6d
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10095.0
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2017-04-03 00:00:00 UTC
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What Makes Fortinet (FTNT) Stock a Potential Pick Right Now?
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AAOI
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https://www.nasdaq.com/articles/what-makes-fortinet-ftnt-stock-a-potential-pick-right-now-2017-04-03
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nan
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nan
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The technology space continues to be investors' favorite due to its dynamic nature. This field is anticipated to grow faster than ever before. Therefore, if you invest right, you can reap the benefits over time. Tech companies will continue to transform our world with each passing year. So, if you don't want to be left behind, make sure you're investing in quality tech stocks.
Below we have evaluated one technology company that has demonstrated remarkable share price performance so far this year. Fortinet, Inc.FTNT generated high returns for investors in the year-to-date period and has the potential to exceed expectations in the days ahead.
The stock has gained approximately 27.3%, outperforming the Zacks categorized Computer-Integrated Systems industry's return of just 4.9%.
What's Driving the Stock?
The main reason behind the optimism surrounding the stock is the company's better-than-expected fourth-quarter 2016 results reported on Feb 2. Also, Fortinet's fourth-quarter adjusted earnings increased six folds, driven chiefly by 22.4% growth in the top line and better cost management.
The year-over-year revenue improvement was primarily aided by seasonal demand, improvements in sales productivity and success in selling multiple product deployments. A large number of deal wins and customer additions during the quarter also contributed to top-line growth.
An encouraging top- and bottom-line guidance for the first quarter and full-year 2017, way above the respective Zacks Consensus Estimate, also helped in boosting investors' confidence about the company's future prospects.
Upward Estimate Revisions
Over the last 60 days, the Zacks Consensus Estimate for 2017 and 2018 witnessed upward revisions. For 2017, the Zacks Consensus Estimate is currently pegged at 35 cents, up 6 cents from earnings of 29 cents projected 60 days ago. The Zacks Consensus Estimate for 2018 is currently pegged at 43 cents, compared with 38 cents projected 60 days ago.
Other Driving Factors
Fortinet's network security solutions include firewall, VPN, application control, antivirus, intrusion prevention, web filtering, anti-spam and WAN acceleration. We believe that the company's strategy of focusing on selling subscription-based services enabled it to generate more stable revenues and expand its margins. Subscription-based service is a high gross margin business (approximately 80%) compared to the hardware-centric model.
Furthermore, acquisitions have remained one of the key growth strategies for Fortinet. Over the last two years, the company made two important acquisitions - AccelOps and Meru Networks. These transactions have helped the company in strengthening cloud capabilities as well as expand its portfolio.
We believe that the industry has huge growth potential for the long term. It should be noted that the financial well being, brand image and reputation of enterprises, and governments are always exposed to cyber threats. Consequently, cyber security has become a mission-critical, high-profile requirement.
With constant technological advancements, organizations are increasingly adopting the "bring your own device" (BYOD) policy to enhance employee productivity with anytime/anywhere access. This trend, in turn, calls for stricter data security measures.
Moreover, various independent research firms forecast strong demand in the years ahead. According to a Markets and Markets report, worldwide cyber security spending will reach $101 billion in 2018 and $170 billion by 2020.
Therefore, with its sustained focus on product innovations and strategic acquisitions, we feel Fortinet is well positioned to capitalize on the huge opportunity available in the space.
Also, Fortinet currently has a Growth Style Score of 'A' which indicates that the stock is more suitable for growth investors. The stock has long-term expected earnings per share growth rate of 20.6%, way higher than the industry's average growth rate of 6.2%. The company flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Keeping these positives in mind, we believe that Fortinet is one such technology stock that deserves a place in investors' portfolio.
Other Key Picks
A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. Applied Optoelectronics, Broadcom and Micron have an expected long-term EPS growth rate of 18.3%, 13.6% and 10%, respectively.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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
Fortinet, Inc. (FTNT): Free Stock Analysis Report
Broadcom Limited (AVGO): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Micron Technology, Inc. (MU): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. Click to get this free report Fortinet, Inc. (FTNT): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. An encouraging top- and bottom-line guidance for the first quarter and full-year 2017, way above the respective Zacks Consensus Estimate, also helped in boosting investors' confidence about the company's future prospects.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. Click to get this free report Fortinet, Inc. (FTNT): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. For 2017, the Zacks Consensus Estimate is currently pegged at 35 cents, up 6 cents from earnings of 29 cents projected 60 days ago.
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Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. Click to get this free report Fortinet, Inc. (FTNT): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. The stock has long-term expected earnings per share growth rate of 20.6%, way higher than the industry's average growth rate of 6.2%.
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Click to get this free report Fortinet, Inc. (FTNT): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks A few other stocks worth considering in the broader technology sector are Applied Optoelectronics, Inc. AAOI , Broadcom Ltd. AVGO and Micron Technology Inc. MU , all sporting a Zacks Rank #1. We believe that the industry has huge growth potential for the long term.
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130e4e8d-bff9-4531-acc1-307ab03ecaaa
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10096.0
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2017-04-03 00:00:00 UTC
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5 Best Performing Top-Ranked Stocks of Q1
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AAOI
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https://www.nasdaq.com/articles/5-best-performing-top-ranked-stocks-q1-2017-04-03
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nan
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nan
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Markets set a fierce pace of gains over the first quarter, buoyed by a combination of economic strength, bullish earnings forecasts and optimism over the Trump administration's policy initiatives. Oil stocks have been the only losers over the period, plagued by oversupply and concerns over the sustainability of the OPEC led output cut agreement. The tech sector and semiconductors in particular have been the leading gainers for the first quarter.
RemarkableQ1 Performance
During the first quarter, the Dow and Nasdaq gained 4.5% and 9.8%, respectively. The S&P 500 recorded a gain of 5.5%, its strongest first-quarter performance since 2013. Benchmarks ended in the green for the quarter, backed by a Trump-led rally. However, U.S. oil prices recorded their worst quarterly loss of 5.7% since late 2015, pressured by oversupply of crude in theglobal market
This was in sharp contrast to stocks' losses over the month of March. Over last month, the Dow and S&P 500 declined by 0.7% and 0.8% respectively. In contrast, the Nasdaq posted a 1.5% increase. The first-quarter rally slowed this month, after Trump's presidency took a hit following the failure to secure adequate votes to pass a Republican-led Healthcare bill through the House of Representatives.
Blistering Gains in January & February
The quarter's gains were built on the strong advances witnessed in January and February. In January, the Dow, S&P 500 and Nasdaq increased 0.5%, 1.8% and 4.3%, respectively. This was the third consecutive round of monthly gains for the major benchmarks. Forecasts for an improvement in economic growth and bullish corporate earnings propelled US stocks to log their first gains in January in five years. (Read: 5 Best Performing Stocks of January )
February's gains were even stronger with the Dow, S&P 500 and Nasdaq gaining 4.8%, 3.7% and 3.8%, following continuing optimism about President Trump's economic agenda. In particular, his promise to bring back millions of jobs to the U.S. caught investors' imagination. (Read: 5 Best Performing Stocks of February )
Failure to Pass New Healthcare Bill
The Trump administration suffered a major setback after a healthcare bill intended to repeal and replace Obamacare was being pulled from the House floor on Mar 24 when it became clear that there would not be enough votes to pass the bill. The House was initially scheduled to vote on the new law on Thursday but the vote was postponed amid concerns regarding the bill garnering enough support. However, even after a lot of discussion and negotiations, it became clear that the bill would not get enough support.
As a result, the S&P 500 recorded its worst weekly decline of the year, while the Dow registered its steepest decline since last September. The failure of the passage of the healthcare bill had an adverse effect on investor sentiment which eventually led benchmarks to finish in the red.
Bullish Economic Data
Despite rising skepticism about the Trump trade's sustainability, economic data has remained encouraging throughout. This has provided a firm fundamental basis for recent gains. The ISM Manufacturing Index has risen over all three months of the concluded quarter while its services counterpart has also closed the period higher. Retail sales has also experienced a similar trend, though its last increase of 0.1% has been relatively muted.
Meanwhile, the Fed's preferred measure of inflation, the PCE price Index has also notched up consistent gains. The quarter's final PCE reading depicts a 2.1% year over year increase. Meanwhile, core PCE has risen 1.8% over the same period, clearing the decks for further rate hikes this year. Housing witnessed some sluggishness as the sector progressed, but ultimately ended the quarter on a positive note.
GDP Rises, Unemployment Falls
The U.S. economy registered growth of 2.1% in the fourth quarter of last year. Consumer spending, which accounts for more than two-third of the economic activity was revised upward, gained 3.5% over the quarter. Moreover, corporate profits increased, signifying that the economy has entered 2017 on a strong note.
Employers added almost half a million jobs in the first two months of 2017, the best back-to-back performance since last summer. February witnessed 235,000 new jobs additions. The unemployment rate fell to 4.7% in February from 4.8% in January. Meanwhile, wages for American workers increased 0.2% in February to $26.09 an hour. (Read: 5 Stocks to Buy as Consumer Confidence Hits 16-Year High )
Tech Highest Gainer, Semiconductors Shine
The Technology Select Sector SPDR XLK has gained 10.2% over the first three months of the year, emerging as the best performing industry of the first quarter. The S&P 500 Information Technology Sector has gained around 12.5%, emerging as the biggest beneficiary of the Trump rally.
On the campaign trail, Trump promised to cut taxes, reduce regulations and allow the repatriation of corporate funds held overseas. The tech sector was expected to gain from Trump's policy initiatives, given that several tech heavyweights have substantial funds parked overseas. (Read: 5 Terrific Tech Stocks to Boost Your Portfolio Returns )
Meanwhile, the promise to cut corporate tax rates from 35% to 15% is likely to increase the attractiveness of the U.S. as a business destination and free up funds for investment purposes. Additionally, tech stocks are perceived to be less susceptible to tax and interest rate changes.
The biggest gainers for the tech sector have been semiconductor stocks. Rising demand for chips across a range of industries have been helping these stocks move upward. Over the last one year, the Philadelphia Semiconductor Index, which consists of several industry majors, has gained nearly 50%.
Oil Ends in the Red
In contrast, the Energy Select Sector SPDR XLE has lost 7.2% over the first quarter, the only sector to close in the red over this period. Oil prices ended the quarter on a three week high, but lost nearly 6% over the period. Market watchers have raised questions about whether or not the OPEC-led output cut is at all sustainable.
For the first couple of months of 2017, oil prices found themselves locked in a sideways trading range, as the tug-of-war over two powerful, opposing supply narratives continued. Reports indicated an impressive 90% compliance level from the OPEC producers who pledged output cuts in an effort to tackle the three-year supply glut.
And then prices broke below the psychologically important $50 threshold after U.S. government data showed that supplies - building since the beginning of the year - rose to record levels amid an increase in production. At over 530 million barrels, current crude supplies are up 6% from the year-ago period and are at the highest level since the EIA began keeping records in 1982. (Read: Oil & Gas Industry Outlook - March 2017 )
Ultimately, a bearish view has emerged about the commodity with noncompliance of the OPEC output cut agreement becoming increasingly evident. Volumes across major oil producers such as Venezuela and Saudi Arabia continue to be substantial.
Record Q4 Earnings, Q1 Outlook Encouraging
Not only did 2016 Q4 growth reach the highest in two years, but total earnings for the quarter also reached a new quarterly record. The strong Q4 performance came after the first positive earnings growth in 2016 Q3, having declined in each of the preceding 5 quarters. Total earnings increased by +7.3% in Q4, on +4.7% higher revenues. (Read: Q1 Earnings Season Preview )
The outlook for Q1 seems to be similarly encouraging. Total Q1 earnings are expected to be up +6.4% from the same period last year on +6.4% higher revenues. This would follow +7.3% earnings growth in 2016 Q4 on +4.7%, the highest growth pace in all most two years. (Read: Q1 Earnings Season Preview )
Fed Hikes Rate, Takes Conservative Stance
At the end of their two-day policy meeting in March, Fed Chair Janet Yellen and her colleagues lifted a key interest rate for the second time in three months. Citing an improving labor market and greater confidence in consumers, the Fed raised its federal funds rate to a range of 0.75% to 1%. The policy rate rose by 25 basis points to 1% for the first time in a decade.
Future rate hike expectations scaled higher as well. The Fed's "dot plot," a table of policymakers' projections for short-term interest rates, also penciled two rate hikes for this year and three in 2018. However, bank shares reacted adversely way, indicating that investors have been expecting an even more aggressive rate hike forecast. (Read: 5 Biggest Winners from the Fed Rate Hike )
5 Star Performers for Q1
I ran a screen on Research Wizard for companies with the following parameters:
( Click here to sign up for a free trial to the Research Wizard today ):
Percentage price change over the last 12 weeks greater than or equal to 20%
Forward price-to-earnings ratio (P/E) for the current financial year (F1) less than or equal to 20. This picks out stocks that are good value choices
Expected earnings growth for the current financial year greater than or equal to 20%
Zacks Rank equal to 1: This ascertains stocks that have shown above-average returns over the last 26 years. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
(See the performance of Zacks' portfolios and strategies here: About Zacks Performance ).
Here are the top 5 stocks that made it through this screen:
Applied Optoelectronics, Inc.AAOI designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers.
Price gain over the last 4 weeks = 142.7%
Applied Optoelectronics' expected earnings growth for the current year is more than 100%. The forward price-to-earnings ratio (P/E) for the current financial year (F1) is 17.88, lower than the industry average of 18.60.
The Chemours CompanyCC is a provider of performance chemicals on a worldwide basis.
Price gain over the last 4 weeks = 74.4%
Chemours' expected earnings growth for the current year is more than 100%. The stock has a P/E (F1) of 13.28x, compared to the industry average of 17.10.
Ultra Clean Holdings, Inc.UCTT is a developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries.
Price gain over the last 4 weeks = 55%
Ultra Clean Holdings has a P/E (F1) of 14.26x, compared to the industry average of 22.18. The stock's expected earnings growth for the current year is 82.1%.
Triton International LtdTRTN offers acquisition, leasing, re-leasing and sale of intermodal containers.
Price gain over the last 4 weeks = 46.2%
Triton's expected earnings growth for the current year is more than 100%. The stock's has a P/E (F1) of 13.07x, compared to the industry average of 13.45.
ADVA Optical Networking SEADVOF is a developer, manufacturer and seller of optical and Ethernet based networking solutions.
Price gain over the last 4 weeks = 39.1%
ADVA Optical Networking has a P/E (F1) of 13.38x, compared to the industry average of 14.57. The stock's expected earnings growth for the current year is 70%.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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
Triton International Limited (TRTN): Free Stock Analysis Report
Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
ADVA OPTICAL (ADVOF): Free Stock Analysis Report
SPDR-TECH SELS (XLK): ETF Research Reports
SPDR-EGY SELS (XLE): ETF Research Reports
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are the top 5 stocks that made it through this screen: Applied Optoelectronics, Inc.AAOI designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report ADVA OPTICAL (ADVOF): Free Stock Analysis Report SPDR-TECH SELS (XLK): ETF Research Reports SPDR-EGY SELS (XLE): ETF Research Reports To read this article on Zacks.com click here. (Read: 5 Stocks to Buy as Consumer Confidence Hits 16-Year High ) Tech Highest Gainer, Semiconductors Shine The Technology Select Sector SPDR XLK has gained 10.2% over the first three months of the year, emerging as the best performing industry of the first quarter.
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Here are the top 5 stocks that made it through this screen: Applied Optoelectronics, Inc.AAOI designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report ADVA OPTICAL (ADVOF): Free Stock Analysis Report SPDR-TECH SELS (XLK): ETF Research Reports SPDR-EGY SELS (XLE): ETF Research Reports To read this article on Zacks.com click here. (Read: 5 Stocks to Buy as Consumer Confidence Hits 16-Year High ) Tech Highest Gainer, Semiconductors Shine The Technology Select Sector SPDR XLK has gained 10.2% over the first three months of the year, emerging as the best performing industry of the first quarter.
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Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report ADVA OPTICAL (ADVOF): Free Stock Analysis Report SPDR-TECH SELS (XLK): ETF Research Reports SPDR-EGY SELS (XLE): ETF Research Reports To read this article on Zacks.com click here. Here are the top 5 stocks that made it through this screen: Applied Optoelectronics, Inc.AAOI designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers. (Read: 5 Stocks to Buy as Consumer Confidence Hits 16-Year High ) Tech Highest Gainer, Semiconductors Shine The Technology Select Sector SPDR XLK has gained 10.2% over the first three months of the year, emerging as the best performing industry of the first quarter.
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Here are the top 5 stocks that made it through this screen: Applied Optoelectronics, Inc.AAOI designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers. Click to get this free report Triton International Limited (TRTN): Free Stock Analysis Report Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report ADVA OPTICAL (ADVOF): Free Stock Analysis Report SPDR-TECH SELS (XLK): ETF Research Reports SPDR-EGY SELS (XLE): ETF Research Reports To read this article on Zacks.com click here. (Read: 5 Best Performing Stocks of January ) February's gains were even stronger with the Dow, S&P 500 and Nasdaq gaining 4.8%, 3.7% and 3.8%, following continuing optimism about President Trump's economic agenda.
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1245a8ff-7c9a-4ae2-b381-534a02a299eb
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10097.0
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2017-03-28 00:00:00 UTC
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Zacks.com featured highlights: Nutrisystem, BMC Stock Holdings, Children's Place, Applied Optoelectronics and Broadcom
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AAOI
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-nutrisystem-bmc-stock-holdings-childrens-place-applied-2017
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nan
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nan
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For Immediate Release
Chicago, IL - March 28, 2017 - Stocks in this week's article include Nutrisystem, Inc. (NASDAQ: NTRI - Free Report ), BMC Stock Holdings, Inc. (NASDAQ: BMCH - Free Report ), Children's Place, Inc. (NASDAQ: PLCE - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Broadcom Limited (NASDAQ: AVGO - Free Report ).
Screen of the Week of Zacks Investment Research:
5 Strong Buy Stocks to Boost Your Portfolio
Right from the top brass to research analysts, unswerving earnings growth entices all and sundry. And why not? This is simply because earnings are a measure of the money a company is making. Take a company's revenues over a given period of time, subtract the cost of production and you will have its earnings!
Better-than-expected earnings performances generally lead to a rally in the share price. In addition to actual earnings, expectations of earnings play a vital role in determining share price movement.
Earnings Estimates Shape Share Prices
We have often seen a decline in the stock price despite earnings growth and a rally in the price following an earnings decline. This is largely a result of a company's earnings failing to meet market expectations.
Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins and cost controls. Thus, earnings estimates serve as a valuable tool while taking investment decisions. Earnings estimates also help analysts assess the cash flow to determine the fair value of a firm.
Even though the earnings season is quite a few weeks away, the reporting cycle has gotten underway. Total Q1 earnings are expected to be up 6.4% from the same period last year on 6.4% higher revenues (read more: Q1 Earnings Season Preview ).
Investors, thus, should be on the lookout for stocks that are ready to make a big move. Hence, it is important for investors to invest in stocks that have historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates.
The Winning Strategy
In order to shortlist stocks that have striking earnings growth and positive estimate revisions, we have added the following parameters:
Zacks Rank equal to 1 (Only Zacks' 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.) You can see the complete list of today's Zacks #1 Rank stocks here .
5-Year Historical EPS Growth (%) greater than X-Industry (stocks with a strong EPS growth history).
% Change EPS F(0)/F(-1) greater than or equal to 5 (companies that saw year-over-year earnings growth of 5% or more in the last reported fiscal).
% Change Q1 Estimates over the last 4 weeks greater than zero (stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks).
% Change F1 Estimates over the last 4 weeks greater than zero (stocks that have seen their annual earnings estimates revised higher in the last 4 weeks).
The above criteria narrowed down the universe of around 7,839 stocks to only 16. Here are the top five stocks:
Nutrisystem, Inc. (NASDAQ: NTRI - Free Report ) provides weight management products and services for women and men in the U.S. The Zacks Consensus Estimate for its current year earnings rose 11.6% over the last 60 days. The company's estimated earnings growth rate for this year is 25.6%, way ahead of the Consumer Products - Discretionary industry's addition of 3.5%.
BMC Stock Holdings, Inc. (NASDAQ: BMCH - Free Report ) operates as lumber and building materials distributor and solutions provider in the U.S. The Zacks Consensus Estimate for its current year earnings increased 4.7% over the last 60 days. The company's estimated earnings growth rate for this year is 52.9%, way higher than the Building Products - Retail industry's increase of 7.6%.
The Children's Place, Inc. (NASDAQ: PLCE - Free Report ) operates as a children's specialty apparel retailer. The Zacks Consensus Estimate for its current year earnings increased 9.4% over the last 60 days. The company's estimated earnings growth rate for this year is 19.9%, in contrast to the Retail - Apparel and Shoes industry's projected decline of 2.8%.
Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) manufactures and sells fiber-optic networking products, primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets. The Zacks Consensus Estimate for its current year earnings jumped 76.4% over the last 60 days. The company's estimated earnings growth rate for this year is 168.4%, way ahead of the Electronics - Semiconductors industry's addition of 5.3%.
Broadcom Limited (NASDAQ: AVGO - Free Report ) designs, develops, and supplies a range of complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The Zacks Consensus Estimate for its current year earnings improved 6.8% over the last 60 days. The company's estimated earnings growth rate for this year is 32%, way higher than the Electronics - Semiconductors industry's addition of 5.3%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at:https://www.zacks.com/performance.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on NTRI - FREE
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Contact: Jim Giaquinto
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Phone: 312-265-9268
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Visit: https://www.zacks.com/performance
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
NutriSystem Inc (NTRI): Free Stock Analysis Report
BMC Stock Holdings, Inc. (BMCH): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Broadcom Limited (AVGO): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL - March 28, 2017 - Stocks in this week's article include Nutrisystem, Inc. (NASDAQ: NTRI - Free Report ), BMC Stock Holdings, Inc. (NASDAQ: BMCH - Free Report ), Children's Place, Inc. (NASDAQ: PLCE - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Broadcom Limited (NASDAQ: AVGO - Free Report ). Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) manufactures and sells fiber-optic networking products, primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets. Get the full Report on NTRI - FREE Get the full Report on BMCH - FREE Get the full Report on PLCE - FREE Get the full Report on AAOI - FREE Get the full Report on AVGO - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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.
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For Immediate Release Chicago, IL - March 28, 2017 - Stocks in this week's article include Nutrisystem, Inc. (NASDAQ: NTRI - Free Report ), BMC Stock Holdings, Inc. (NASDAQ: BMCH - Free Report ), Children's Place, Inc. (NASDAQ: PLCE - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Broadcom Limited (NASDAQ: AVGO - Free Report ). Get the full Report on NTRI - FREE Get the full Report on BMCH - FREE Get the full Report on PLCE - FREE Get the full Report on AAOI - FREE Get the full Report on AVGO - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report NutriSystem Inc (NTRI): Free Stock Analysis Report BMC Stock Holdings, Inc. (BMCH): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - March 28, 2017 - Stocks in this week's article include Nutrisystem, Inc. (NASDAQ: NTRI - Free Report ), BMC Stock Holdings, Inc. (NASDAQ: BMCH - Free Report ), Children's Place, Inc. (NASDAQ: PLCE - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Broadcom Limited (NASDAQ: AVGO - Free Report ). Get the full Report on NTRI - FREE Get the full Report on BMCH - FREE Get the full Report on PLCE - FREE Get the full Report on AAOI - FREE Get the full Report on AVGO - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch 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. Click to get this free report NutriSystem Inc (NTRI): Free Stock Analysis Report BMC Stock Holdings, Inc. (BMCH): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - March 28, 2017 - Stocks in this week's article include Nutrisystem, Inc. (NASDAQ: NTRI - Free Report ), BMC Stock Holdings, Inc. (NASDAQ: BMCH - Free Report ), Children's Place, Inc. (NASDAQ: PLCE - Free Report ), Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) and Broadcom Limited (NASDAQ: AVGO - Free Report ). Click to get this free report NutriSystem Inc (NTRI): Free Stock Analysis Report BMC Stock Holdings, Inc. (BMCH): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report To read this article on Zacks.com click here. Applied Optoelectronics, Inc. (NASDAQ: AAOI - Free Report ) manufactures and sells fiber-optic networking products, primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets.
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54b3e573-42fa-4ee3-827f-0799f210e92e
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10098.0
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2017-03-28 00:00:00 UTC
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Applied Optoelectronics Reaches Analyst Target Price
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AAOI
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https://www.nasdaq.com/articles/applied-optoelectronics-reaches-analyst-target-price-2017-03-28
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nan
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nan
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In recent trading, shares of Applied Optoelectronics Inc (Symbol: AAOI) have crossed above the average analyst 12-month target price of $55.67, changing hands for $59.88/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised.
There are 6 different analyst targets contributing to that average for Applied Optoelectronics Inc, but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $35.00. And then on the other side of the spectrum one analyst has a target as high as $66.00. The standard deviation is $11.003.
But the whole reason to look at the average AAOI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AAOI crossing above that average target price of $55.67/share, investors in AAOI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $55.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Applied Optoelectronics Inc:
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on AAOI - FREE .
The Top 25 Broker Analyst Picks of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In recent trading, shares of Applied Optoelectronics Inc (Symbol: AAOI) have crossed above the average analyst 12-month target price of $55.67, changing hands for $59.88/share. But the whole reason to look at the average AAOI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AAOI crossing above that average target price of $55.67/share, investors in AAOI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $55.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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In recent trading, shares of Applied Optoelectronics Inc (Symbol: AAOI) have crossed above the average analyst 12-month target price of $55.67, changing hands for $59.88/share. But the whole reason to look at the average AAOI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AAOI crossing above that average target price of $55.67/share, investors in AAOI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $55.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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And so with AAOI crossing above that average target price of $55.67/share, investors in AAOI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $55.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of Applied Optoelectronics Inc (Symbol: AAOI) have crossed above the average analyst 12-month target price of $55.67, changing hands for $59.88/share. But the whole reason to look at the average AAOI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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In recent trading, shares of Applied Optoelectronics Inc (Symbol: AAOI) have crossed above the average analyst 12-month target price of $55.67, changing hands for $59.88/share. But the whole reason to look at the average AAOI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AAOI crossing above that average target price of $55.67/share, investors in AAOI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $55.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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9956fd2b-9f42-4c3f-8fb4-4e4ab1954baa
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10099.0
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2017-03-28 00:00:00 UTC
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Rally off the Lows and Gold Gets Pounded - Dave's Daily Dive
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AAOI
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https://www.nasdaq.com/articles/rally-lows-and-gold-gets-pounded-daves-daily-dive-2017-03-28
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nan
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nan
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Check out the video above for Dave's Daily Dive into the Charts!
Each day, Dave Bartosiak of Zacks.com ( Twitter @bartosiastics ) dives into the charts, pointing out key price action and levels for you to watch.
Today's dive included a quick overview of the Ten Year Treasure Note Futures, a look at the S&P 500 and some insight into the gold and FX markets. With the rally on Wall Street today, there was plenty to talk about.
But it doesn't stop there because the highlight of today's video, which you can see for free by clicking above, is where Dave uncovers five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today. These stocks have a ton of momentum behind them and are charging higher. The list of stocks he covers today include:
Applied Optoelectronics AAOI
Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets. It offers optical modules, lasers, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment.
Axcelis Tech ACLS
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific. The company offers a line of high energy, high current, and medium current implanters for various application requirements.
Cognex Corp CGNX
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. The company offers machine vision products, which are used to automate the manufacturing and tracking of discrete items, such as mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process.
Ferrari RACE
Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. In addition, the company offers non-registered racing cars; and parts, as well as after sales, repair, maintenance, and restoration services for cars. Further, it licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; and Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates. Additionally, the company provides direct or indirect finance, and leasing services for the purchase of cars to retail clients and dealers; and manages race tracks. As of December 31, 2016, it had a total of 45 retail Ferrari stores, of which 29 stores were franchised stores, including 8 Ferrari Store Junior and 16 stores were owned and operated by the company.
Ultratech UTEK
Ultratech, Inc. develops, manufactures, and markets photolithography, laser thermal processing, and inspection equipment. It supplies step-and-repeat photolithography systems based on one-to-one imaging technology for semiconductor device and nanotechnology manufacturers.
Now See All Our Private Trades
While today's Zacks Rank #1 new additions 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 all Zacks trades >>
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
Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report
Ultratech, Inc. (UTEK): Free Stock Analysis Report
Ferrari N.V. (RACE): Free Stock Analysis Report
Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report
Cognex Corporation (CGNX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The list of stocks he covers today include: Applied Optoelectronics AAOI Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets. Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Ultratech, Inc. (UTEK): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Cognex Corporation (CGNX): Free Stock Analysis Report To read this article on Zacks.com click here. Each day, Dave Bartosiak of Zacks.com ( Twitter @bartosiastics ) dives into the charts, pointing out key price action and levels for you to watch.
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The list of stocks he covers today include: Applied Optoelectronics AAOI Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets. Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Ultratech, Inc. (UTEK): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Cognex Corporation (CGNX): Free Stock Analysis Report To read this article on Zacks.com click here. Ultratech UTEK Ultratech, Inc. develops, manufactures, and markets photolithography, laser thermal processing, and inspection equipment.
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The list of stocks he covers today include: Applied Optoelectronics AAOI Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets. Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Ultratech, Inc. (UTEK): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Cognex Corporation (CGNX): Free Stock Analysis Report To read this article on Zacks.com click here. But it doesn't stop there because the highlight of today's video, which you can see for free by clicking above, is where Dave uncovers five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today.
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The list of stocks he covers today include: Applied Optoelectronics AAOI Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets. Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Ultratech, Inc. (UTEK): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Cognex Corporation (CGNX): Free Stock Analysis Report To read this article on Zacks.com click here. But it doesn't stop there because the highlight of today's video, which you can see for free by clicking above, is where Dave uncovers five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today.
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640aa68e-e33d-4689-9946-66abafc6b80f
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