The utility sector has come up with mostly encouraging results so far this earnings season. Of the 57.1% S&P companies in the sector that have reported, 62.5% beat bottom-line and top-line estimates. For these companies, earnings rose 15.2% while revenues increased 12
Technology stocks were edging higher this afternoon, with the SPDR Technology Select Sector ETF (XLK) Wednesday rising 0.1% although the Philadelphia Semiconductor Index still was falling 0.4% this afternoon.
Stocks jumped to new highs at the close of Tuesday’s session thanks to the $1 trillion infrastructure bill passing the Senate on a bipartisan basis (the bill now needs to be passed in the House). The Democratic majority in the House should make it easier to pass compared
The environmental, social and governance (“ESG”) investing trend has remained a hot favorite among investors since the pre-outbreak period. Between 2018 and 2020, total U.S.-domiciled sustainably invested assets under management, both institutional and retail, skyrocketed
Shares of Watts Water Technologies (WTS) have been strong performers lately, with the stock up 11.4% over the past month. The stock hit a new 52-week high of $164.18 in the previous session. Watts Water Technologies has gained 33.7% since the start of the year compared to
Shares of Vishay Precision Group (VPG) have been strong performers lately, with the stock up 11.5% over the past month. The stock hit a new 52-week high of $39.42 in the previous session. Vishay Precision Group has gained 24% since the start of the year compared to the 22
Shares of Ulta Beauty (ULTA) have been strong performers lately, with the stock up 6.6% over the past month. The stock hit a new 52-week high of $364.26 in the previous session. Ulta Beauty has gained 26% since the start of the year compared to the -3.1% move for the Zack
Shares of Tecnoglass (TGLS) have been strong performers lately, with the stock up 26.5% over the past month. The stock hit a new 52-week high of $26 in the previous session. Tecnoglass has gained 256% since the start of the year compared to the -3.1% move for the Zacks Re
Have you been paying attention to shares of Commercial Metals (CMC)? Shares have been on the move with the stock up 12.9% over the past month. The stock hit a new 52-week high of $34.72 in the previous session. Commercial Metals has gained 68.9% since the start of the yea
SPECIAL ALERT: The August episode of the Zacks Ultimate Strategy Session is now available for viewing! Tune in to this “must-see” event when Kevin Matras, David Bartosiak, Neena Mishra, CFA, FRM, and Sheraz Mian discuss the investment landscape from several angles. Don’
Technology stocks were edging higher pre-bell Wednesday. The Technology Select Sector SPDR ETF (XLK) was advancing by 0.4% and the Semiconductor Sector Index Fund (SOXX) was up 0.25% recently.
Semiconductor ETFs have been in the sweet spot thanks to surging demand for chips from manufacturers of everything from smartphones to cars, laptops, PCs, video games and data centers. The stay-at-home trend amid the coronavirus outbreak, which has bolstered the demand fo
For investors looking for momentum, iShares U.S. BrokerDealers & Securities Exchanges ETF (IAI) is probably a suitable pick. The fund just hit a 52-week high — up roughly 84.3% from its 52-week low of $58.89/share.
SPECIAL ALERT: The August episode of the Zacks Ultimate Strategy Session is now available for viewing! Tune in to this “must-see” event when Kevin Matras, David Bartosiak, Neena Mishra, CFA, FRM, and Sheraz Mian discuss the investment landscape from several angles. Don’