This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.
Copyright 2024 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.68% per year. These returns cover a period from January 1, 1988 through August 5, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
Visit Performance Disclosure for information about the performance numbers displayed above.
Visit www.zacksdata.com to get our data and content for your mobile app or website.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This site is protected by reCAPTCHA and the Google Privacy Policy, DMCA Policy and Terms of Service apply.
Image: Bigstock
The U.S. Expansion Carries On
We were trading around 2100 on the S&P500 in early JUNE. The S&P 500 breaks thru its high at 2135. Weak Q1-16 U.S earnings can only be ignored via a summer 2016 look ahead to 2017. Earnings and revenue growth are not expected to return until 2H 2016. The U.S. remains in expansion. Recent monthly labor market evidence was NOT conclusive however. The U.S. created just +38K new jobs in May. The number of new jobs was the smallest the economy created since the fall of 2010. Consensus had pegged an increase of +155K non-farm jobs.
Zacks June Sector/Industry/Company Telescope: The U.S. consumer did show up strongly in late May macro data. It clearly helped analysts to upgrade earnings estimates for consumer sectors. In sum, Consumer Staples and Consumer Discretionary are back to the top of the S&P500 sector pack. Materials --another Very Attractive sector—were led by industries that supply consumers.