We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you accept our Privacy Policy and Terms of Service, revised from time to time, and you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Top Stock Picks for Week of July 1, 2024
Sprouts Farmers Market, Inc. (SFM - Free Report) industry’s rise of 4.2%. This impressive rally has caught the attention of investors, prompting a deep dive into the factors fueling this upward momentum. The company has implemented several strategic initiatives that have been instrumental in its bullish run. Sprouts Farmers Market remains focused on redefining strategies and upgrading capabilities to stay ahead of the curve. This Zacks Rank #1 (Strong Buy) company has set optimistic financial projections for 2024, anticipating total sales growth between 7% and 8%, with comparable store sales growth expected to range from 2.5% to 3.5%. For investors, Sprouts Farmers presents a compelling opportunity in the grocery space. Food-Natural Foods Products, which operates in a highly fragmented grocery store industry, has a unique model that features fresh produce, foods section, and a vitamin department focused on overall wellness. It has been one of the standout performers in the stock market, with its share price soaring 31.1% in the past three months and outpacing the S&P 500.
MoneyLion Inc. (ML - Free Report) is a data-driven, digital financial platform. It offers mobile banking and financial membership to take control of their finances. The stock has recently been on Zacks.com's list of the most searched stocks. For the next fiscal year, the consensus earnings estimate of $5.51 indicates a change of +280% from what MoneyLion is expected to report a year ago. Recently, the estimate has remained unchanged. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period. MoneyLion is rated Zacks Rank #1 (Strong Buy). Its Zacks Rank #1 does suggest that it may outperform the broader market in the near term.