We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
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.
The Zacks Analyst Blog Highlights: Amazon.com, Shutterfly, Momo, Kingdee International Software Group and OBIC
Read MoreHide Full Article
For Immediate Release
Chicago, IL – April 3, 2018 – 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 Amazon.com, Inc. (AMZN - Free Report) , Shutterfly, Inc. , Momo Inc. (MOMO - Free Report) , Kingdee International Software Group Company Limited (KGDEY - Free Report) and OBIC CO LTD (OBIIF - Free Report) .
4 Top-Ranked Tech Stocks That Gained More than 50% in Q1
There’s no looking back for the technology sector in spite of its latest market mayhem. Looking beyond scandals and mishaps, tech players continue to thrive on the growing adoption of cloud computing, cloud infrastructure build-out, networking innovations, corporate focus on security, the proliferation of wearables and increased automation on the factory floor. Use of other Internet of Things (IoT) at home, in office, for cars and every other conceivable place is also an incredible business driver.
What is Driving Technology Sector?
Factors fueling the technology sector are the emergence of cutting-edge technology such as cloud computing, big data, growing adoption of Artificial Intelligence (AI) solutions, IoT, wearables, VR headsets, drones and virtual reality devices.
High demand for power-efficient as well as high performance chips, essential for running cloud-data centers and processing massive data by using Big Data analytics, machine learning and deep-learning tools has mainly behind the popularity of technology stocks.
Moreover, demand for sensors and software for autonomous vehicles, advanced driver assisted systems (ADAS), Augmented/Virtual reality devices (AR/VR) and Internet of Things (IoT) is escalating.
The lightning pace at which the 5G platform and technology are evolving is also worthy of mention. Additionally, growing incidents of cyber attack is anticipated to drive demand for cybersecurity software.
Recent Pain
However, of late, tech companies have been embroiled in disputes and struggles. Facebook’s (FB) data breach report sparked panic, spreading concerns about data privacy and security, resulting in increased scrutiny and possible regulatory pressure. The news took a toll not only the broader technology sector but the broad U.S. market as well.
Moreover, President Trump has been raising his voice against Amazon.com, Inc. He has accused Amazon of not paying Internet taxes and causing loss of jobs in many cities and towns of the United States. Also, the company was penalized for paying the postal services a pittance for deliveries. Trump also claimed that Washington Post, which is owned by the CEO of Amazon, publishes fake news.
This was followed by a slew of negative news last week that again sent the sector into a tailspin, with FANG stocks being the biggest losers.
Screening the Stocks
If your faith in the technology sector is wavering with one bad news cropping up after another, separate the wheat from the chaff to get the best investment options.
For this, we have taken the help of the Zacks Stock Screener to make our selection foolproof. To shortlist the stocks from the vast universe of tech companies, we have picked stocks that have gained more than 50% year to date. Further, these stocks carry a Zacks Rank #1 (Strong Buy) or 2 (Buy) and flaunt a market cap of more than $1 billion. You can see the complete list of today’s Zacks #1 Rank stocks here.
Top Picks
Shutterfly, Inc. manufactures and retails personalized products and services primarily in the United States, Canada and the European Community. The company has surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 12.99%.
Shutterfly sports a Zacks Rank #1 and has a market cap of $2.6 billion. Based on the Zacks Consensus Estimate, we expect Shutterfly to finish 2018 with EPS growth of 99.1% and sales growth of 4.4%.
Shares of Shutterfly have gained 63.3% year to date, outperforming the 2.75% rally of the industry it belongs to.
Momo Inc. is a mobile-based social networking platform operator. It has an average four-quarter positive earnings surprise of 17.3%.
Based on the Zacks Consensus Estimate, Momo is expected to finish the current year with EPS growth of 29.4% and sales growth of 38.1%. The stock sports a Zacks Rank #1 and has a market cap of $7.4 billion.
Shares of Momo have gained 52.7% year to date, in stark contrast to the industry’s decline of 1.09%.
Kingdee International Software Group Company Limited manufactures and sells enterprise management software products and provision of software-related technical services primarily in China.
Based on the Zacks Consensus Estimate, Kingdee International is anticipated to finish 2018 with EPS growth of 78.7% and sales growth of 54.2%. On top of this, Kingdee International is a Zacks Rank #2 stock with a market cap of $2.5 billion.
Shares of Kingdee International have gained 87.4% year to date, substantially outperforming the 6.5% rally of the industry it belongs to.
Based in Japan, OBIC CO LTD provides system integration services, system support services, office automation services and package software services.
OBIC CO carriesa Zacks Rank #2 and has a market cap of $8.1 billion. Based on the Zacks Consensus Estimate, we expect OBIC CO to finish fiscal 2019 with EPS growth of 5.2% and sales growth of 6.4%.
Shares of OBIC have gained 80.2% year to date, outperforming the 2.6% growth of the industry it belongs to.
Can Hackers Put Money INTO Your Portfolio?
Earlier this year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
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 >>.
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.
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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Amazon.com, Shutterfly, Momo, Kingdee International Software Group and OBIC
For Immediate Release
Chicago, IL – April 3, 2018 – 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 Amazon.com, Inc. (AMZN - Free Report) , Shutterfly, Inc. , Momo Inc. (MOMO - Free Report) , Kingdee International Software Group Company Limited (KGDEY - Free Report) and OBIC CO LTD (OBIIF - Free Report) .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Monday’s Analyst Blog:
4 Top-Ranked Tech Stocks That Gained More than 50% in Q1
There’s no looking back for the technology sector in spite of its latest market mayhem. Looking beyond scandals and mishaps, tech players continue to thrive on the growing adoption of cloud computing, cloud infrastructure build-out, networking innovations, corporate focus on security, the proliferation of wearables and increased automation on the factory floor. Use of other Internet of Things (IoT) at home, in office, for cars and every other conceivable place is also an incredible business driver.
What is Driving Technology Sector?
Factors fueling the technology sector are the emergence of cutting-edge technology such as cloud computing, big data, growing adoption of Artificial Intelligence (AI) solutions, IoT, wearables, VR headsets, drones and virtual reality devices.
High demand for power-efficient as well as high performance chips, essential for running cloud-data centers and processing massive data by using Big Data analytics, machine learning and deep-learning tools has mainly behind the popularity of technology stocks.
Moreover, demand for sensors and software for autonomous vehicles, advanced driver assisted systems (ADAS), Augmented/Virtual reality devices (AR/VR) and Internet of Things (IoT) is escalating.
The lightning pace at which the 5G platform and technology are evolving is also worthy of mention. Additionally, growing incidents of cyber attack is anticipated to drive demand for cybersecurity software.
Recent Pain
However, of late, tech companies have been embroiled in disputes and struggles. Facebook’s (FB) data breach report sparked panic, spreading concerns about data privacy and security, resulting in increased scrutiny and possible regulatory pressure. The news took a toll not only the broader technology sector but the broad U.S. market as well.
Moreover, President Trump has been raising his voice against Amazon.com, Inc. He has accused Amazon of not paying Internet taxes and causing loss of jobs in many cities and towns of the United States. Also, the company was penalized for paying the postal services a pittance for deliveries. Trump also claimed that Washington Post, which is owned by the CEO of Amazon, publishes fake news.
This was followed by a slew of negative news last week that again sent the sector into a tailspin, with FANG stocks being the biggest losers.
Screening the Stocks
If your faith in the technology sector is wavering with one bad news cropping up after another, separate the wheat from the chaff to get the best investment options.
For this, we have taken the help of the Zacks Stock Screener to make our selection foolproof. To shortlist the stocks from the vast universe of tech companies, we have picked stocks that have gained more than 50% year to date. Further, these stocks carry a Zacks Rank #1 (Strong Buy) or 2 (Buy) and flaunt a market cap of more than $1 billion. You can see the complete list of today’s Zacks #1 Rank stocks here.
Top Picks
Shutterfly, Inc. manufactures and retails personalized products and services primarily in the United States, Canada and the European Community. The company has surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 12.99%.
Shutterfly sports a Zacks Rank #1 and has a market cap of $2.6 billion. Based on the Zacks Consensus Estimate, we expect Shutterfly to finish 2018 with EPS growth of 99.1% and sales growth of 4.4%.
Shares of Shutterfly have gained 63.3% year to date, outperforming the 2.75% rally of the industry it belongs to.
Momo Inc. is a mobile-based social networking platform operator. It has an average four-quarter positive earnings surprise of 17.3%.
Based on the Zacks Consensus Estimate, Momo is expected to finish the current year with EPS growth of 29.4% and sales growth of 38.1%. The stock sports a Zacks Rank #1 and has a market cap of $7.4 billion.
Shares of Momo have gained 52.7% year to date, in stark contrast to the industry’s decline of 1.09%.
Kingdee International Software Group Company Limited manufactures and sells enterprise management software products and provision of software-related technical services primarily in China.
Based on the Zacks Consensus Estimate, Kingdee International is anticipated to finish 2018 with EPS growth of 78.7% and sales growth of 54.2%. On top of this, Kingdee International is a Zacks Rank #2 stock with a market cap of $2.5 billion.
Shares of Kingdee International have gained 87.4% year to date, substantially outperforming the 6.5% rally of the industry it belongs to.
Based in Japan, OBIC CO LTD provides system integration services, system support services, office automation services and package software services.
OBIC CO carriesa Zacks Rank #2 and has a market cap of $8.1 billion. Based on the Zacks Consensus Estimate, we expect OBIC CO to finish fiscal 2019 with EPS growth of 5.2% and sales growth of 6.4%.
Shares of OBIC have gained 80.2% year to date, outperforming the 2.6% growth of the industry it belongs to.
Can Hackers Put Money INTO Your Portfolio?
Earlier this year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Download the new report now>>
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 >>.
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.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/
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.