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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 +24.03% per year. These returns cover a period from January 1, 1988 through July 1, 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.
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Zacks News
Ferrari (RACE) to Begin EUR 150M First Tranche of Share Buyback
by Zacks Equity Research
Ferrari (RACE) is set to commence the first tranche of its new 2-billion euros share buyback program. The tranche will be executed through a bank and the New York Stock Exchange.
Nissan (NSANY) Recalls 300K+ SUVs in US Over Hood Glitch
by Zacks Equity Research
Nissan (NSANY) announces a recall impacting more than 300,000 Pathfinder SUVs in the U.S. over a malfunctioning hood that may increase the risk of a crash by obstructing the driver's view.
Ford (F) Issues Recall of F-150 Trucks on Tire Pressure Hitch
by Zacks Equity Research
Ford (F) recalls more than 2.5K F-150 Lightning pick-up trucks in the US and Canada over a defective tire pressure monitoring system that might disable warning alerts in case of a low tire pressure situation.
Does Standard Motor Products (SMP) Have the Potential to Rally 34% as Wall Street Analysts Expect?
by Zacks Equity Research
The mean of analysts' price targets for Standard Motor Products (SMP) points to a 34.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Is Standard Motor Products (SMP) a Great Value Stock Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
New Analyst Coverage Puts Spotlight on These 5 Stocks
by Shrabana Mukherjee
Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Points.com (PCOM), Nova (NVMI), Standard Motor (SMP), Universal Technical (UTI) and CONSOL Energy (CEIX).
Tesla (TSLA) to Upgrade Giga Shanghai to Bolster Capacity
by Zacks Equity Research
Tesla (TSLA) set for a massive ramp up of Gigafactory Shanghai. The upgrades to Model Y and Model 3 seek to scale up capacity to more than 21,000 EVs weekly, making the unit the largest vehicle export hub.
Ford's (F) Valencia Unit to Enhance EV Efforts in Europe
by Zacks Equity Research
Ford (F) spearheads the electrification drive in Europe with the newly selected Valencia plant in Spain and its ongoing investment of $2 billion in Cologne, Germany.
Tesla (TSLA) to Cut 10% Salaried Jobs, Raise Hourly Staffing
by Zacks Equity Research
Tesla (TSLA) to lay off 10% of its salaried workforce. It will add to its hourly headcount instead, as its expansion has been beyond the requirement.
General Motors' (GM) BrightDrop Supplies 150 E-Vans to FedEx
by Zacks Equity Research
General Motors' (GM) tech startup BrightDrop delivers the first e-delivery vehicles to FedEx. GM will suspend production of its Hummer EV unit in Michigan for four weeks due to re-modeling work.
Michelin (MGDDY) & Hyundai Ink Deal for Sustainable EV Tires
by Zacks Equity Research
Michelin (MGDDY) extends its partnership with Hyundai to produce premium eco-friendly tires for the latter's EVs.
General Motors (GM) Increases High-End Hummer EV's Price
by Zacks Equity Research
General Motors (GM) raises Hummer EV's price, which already has a high price value, in the face of severe cost inflation in raw material, parts and technology and logistics.
NIO Introduces Premium EV ES7 in China as its Fastest SUV
by Zacks Equity Research
NIO unveils its fastest SUV, ES7, in China. The vehicle comes with ultra-modern features and seeks to provide a path-breaking experience.
General Motors (GM) to Invest $81M in Premium Cadillac Celestiq
by Zacks Equity Research
General Motors (GM) to invest $81 million in the Cadillac Celestiq electric cars to pivot the brand among the top-notch EV providers in the auto industry.
Ford (F) Recalls Nearly 3M Vehicles in US Over Gear Issues
by Zacks Equity Research
Ford (F) issues recall of nearly 3 million vehicles in the United States on malfunctioning gear that makes parked vehicles roll over and increase the chances of accidents.
Zacks.com featured highlights Standard Motor, GATX, Nova, AAR and Arconic
by Zacks Equity Research
Standard Motor, GATX, Nova, AAR and Arconic have been highlighted in this Screen of the Week article.
Ford (F) Recalls 48K+ Mustang Mach-E in US Over Battery Hitch
by Zacks Equity Research
Ford (F) issues recall of more than 48K Mustang Mach-E vehicles in the United States on grounds of battery overheating that can lead to potential power loss and increase the chances of accidents.
5 Stocks to Make the Most of New Analyst Coverage
by Shrabana Mukherjee
Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Standard Motor (SMP), GATX, Nova (NVMI), AAR (SWMAY) and (AIR).
Stellantis (STLA) Jeep to Go All-Electric in Europe by 2022-End
by Zacks Equity Research
Stellantis' (STLA) brand, Jeep, plans to transition into the sale of fully electric vehicles in Europe by year-end. However, its plan for the same in the US market looks bleak in the near term.
Electric Last Mile (ELMS) to Declare Bankruptcy Post Rough Run
by Zacks Equity Research
Electric Last Mile (ELMS) states that it will file for insolvency just a year after its Nasdaq debut as it battles risks of running out of cash.
Wall Street Analysts See a 40% Upside in Standard Motor Products (SMP): Can the Stock Really Move This High?
by Zacks Equity Research
The consensus price target hints at a 40.4% upside potential for Standard Motor Products (SMP). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here's Why You Should Hold Harley-Davidson (HOG) Stock Now
by Zacks Equity Research
Harley-Davidson (HOG) gains from its product strategies and rebranding but faces supply-chain challenges and soaring capex requirements.
Tesla (TSLA) Faces Tough Probe for Autopilot Hitch in Vehicles
by Zacks Equity Research
Tesla (TSLA) comes under the US federal regulators' scrutiny over an investigation into its malfunctioning Autopilot feature that has resulted in multiple crashes and one fatality in recent times.
Should Value Investors Buy Standard Motor Products (SMP) Stock?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Volkswagen's (VWAGY) $22M Battery Lab to Bolster EV Initiatives
by Zacks Equity Research
Volkswagen (VWAGY) opens its first-of-its-kind Battery Engineering Lab in Tennessee to conduct extensive research on EV batteries and expedite its EV efforts.