After a lifetime in and around financial markets, there isn’t much that really surprises me these days. There is one current exception, however: I have no idea how anyone justifies a negative stance on EVs.
For investors seeking momentum, iShares Core S&P Total U.S. Stock Market ETF ITOT is probably on radar. The fund just hit a 52-week high and is up 41.5% from its 52-week low price of $71.84/share.But are more gains in store for this ETF? Let’s take a quick look at the
Technology stocks were slipping pre-bell Thursday. The Technology Select Sector SPDR ETF (XLK) was down 0.24% and the Semiconductor Sector Index Fund (SOXX) was 0.45% lower recently.
Shares of Veritiv (VRTV) have been strong performers lately, with the stock up 47.2% over the past month. The stock hit a new 52-week high of $88.33 in the previous session. Veritiv has gained 324.6% since the start of the year compared to the 16.7% move for the Zacks Bas
Shares of OchZiff Capital Management Group (SCU) have been strong performers lately, with the stock up 19.1% over the past month. The stock hit a new 52-week high of $27.75 in the previous session. OchZiff Capital Management Group has gained 81.9% since the start of the y
Shares of Encore Wire (WIRE) have been strong performers lately, with the stock up 27.7% over the past month. The stock hit a new 52-week high of $88.3 in the previous session. Encore Wire has gained 45.7% since the start of the year compared to the 17.6% move for the Zac
Shares of Herc Holdings (HRI) have been strong performers lately, with the stock up 17.1% over the past month. The stock hit a new 52-week high of $132.84 in the previous session. Herc Holdings has gained 99.3% since the start of the year compared to the 9.7% move for the
Shares of Saia (SAIA) have been strong performers lately, with the stock up 21.4% over the past month. The stock hit a new 52-week high of $249.37 in the previous session. Saia has gained 37.9% since the start of the year compared to the 9.7% move for the Zacks Transporta
Have you been paying attention to shares of GMS (GMS)? Shares have been on the move with the stock up 16.7% over the past month. The stock hit a new 52-week high of $52.9 in the previous session. GMS has gained 73.5% since the start of the year compared to the -3% move fo
Have you been paying attention to shares of Arch Capital Group (ACGL)? Shares have been on the move with the stock up 10% over the past month. The stock hit a new 52-week high of $41.67 in the previous session. Arch Capital Group has gained 15.1% since the start of the ye
Shares of Evertec (EVTC) have been strong performers lately, with the stock up 5.2% over the past month. The stock hit a new 52-week high of $46.7 in the previous session. Evertec has gained 17.9% since the start of the year compared to the -16.2% move for the Zacks Busin
SPECIAL ALERT: Remember, the August episode of the Zacks Ultimate Strategy Session is now available for viewing! Don’t miss your chance to hear:
▪ Sheraz Mian and Neena Mishra, CFA, FRM, Agree to Disagree on whether inflation worries are overblown
▪ Kevin answers ques
The S&P 500 and the Dow both broke records yet again Wednesday, while the Nasdaq hovers within touching distance of its highs from earlier this month. Wall Street remains optimistic in the face of concerns ranging from the Delta coronavirus variant to rising prices.
Investors witnessed another Wall Street rally, with broader indices touching record high levels. The Dow Jones Industrial Average and the S&P 500 rose 0.5% and 0.1%, respectively, to close at record highs. The rally was largely stimulated by the Senate’s approval of P
Wall Street loudly cheered the Senate’s approval of President Biden’s $1-trillion infrastructure plan. The two major indices, the Dow Jones Industrial Average and the S&P 500, climbed to new record highs as the development stimulated a rally in stocks tied to economic
Last week, President Biden signed an executive order calling on electric, fuel-cell and plug-in hybrids sales to account for 50% of all car and light truck sales by 2030. Transport accounts for about 29% of greenhouse-gas emissions in the US and therefore EVs are a key pa
Technology stocks returned to positive ground this afternoon, with the SPDR Technology Select Sector ETF (XLK) Wednesday rising 0.1% although the Philadelphia Semiconductor Index still was falling 0.2% this afternoon.
Wednesday, August 11, 2021The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Alibaba Group Holding Limited (BABA), AbbVie Inc. (ABBV), and Exxon Mobil Corporati