Vertiv Holdings and JinkoSolar have been highlighted as Zacks Bull and Bear of the Day

Zacks03-26

For Immediate Release Chicago, IL – March 26, 2024 – Zacks Equity Research shares Vertiv Holdings Co VRT as the Bull of the Day and JinkoSolar Holding Co., Ltd. JKS as the Bear of the Day. In addition...

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In addition...</p>\n\n<a href=\"https://finance.yahoo.com/news/vertiv-holdings-jinkosolar-highlighted-zacks-123400506.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vertiv Holdings and JinkoSolar have been highlighted as Zacks Bull and Bear of the Day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVertiv Holdings and JinkoSolar have been highlighted as Zacks Bull and Bear of the Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-26 20:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/vertiv-holdings-jinkosolar-highlighted-zacks-123400506.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For Immediate Release\nChicago, IL – March 26, 2024 – Zacks Equity Research shares Vertiv Holdings Co VRT as the Bull of the Day and JinkoSolar Holding Co., Ltd. JKS as the Bear of the Day. In addition...</p>\n\n<a href=\"https://finance.yahoo.com/news/vertiv-holdings-jinkosolar-highlighted-zacks-123400506.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JKS","symbol_name":"晶科能源","start_time":0,"source_url":"https://finance.yahoo.com/news/vertiv-holdings-jinkosolar-highlighted-zacks-123400506.html","article_id":"2422383616","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/M.fcvRCbHlf.d1QTdmQH6Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/08fb39064f0ce97df79484e86ab6c730"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422383616","pubTimestamp":1711456440,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Chicago, IL – March 26, 2024 – Zacks Equity Research shares Vertiv Holdings Co VRT as the Bull of the Day and JinkoSolar Holding Co., Ltd. JKS as the Bear of the Day. In addition, Zacks Equity Research provides analysis on ARM Holdings PLC Sponsored ADR ARM, Li Auto LI and Vulcan Materials VMC.Vertiv is not as flashy as Nvidia and other artificial intelligence darlings. Yet Vertiv’s portfolio of power, cooling, and IT infrastructure solutions and services could grow steadily for decades because AI and other technological advancements require practically endless, always-available data.Vertiv expects the push for greater energy efficiency across data centers will boost its liquid cooling technologies since more traditional air-cooling systems cannot as effectively cool new high-density racks jam-packed with CPUs and GPUs.The firm’s nearly two dozen global manufacturing plants are helping it ramp up production. Vertiv said last year that its “existing footprint was built with the idea tha","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"JKS":"晶科能源","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4563":"昨日强势股","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","BK4529":"IDC概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","VMC":"火神材料","LU0444971666.USD":"天利全球科技基金","BK4137":"综合支持服务","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","BK4585":"ETF&股票定投概念","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","RBA":"里奇兄弟拍卖","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4587":"ChatGPT概念","BK4011":"建筑材料","VRT":"Vertiv Holdings LLC","NVDA":"英伟达","BK4579":"人工智能","LU0056508442.USD":"贝莱德世界科技基金A2","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4588":"碎股","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4141":"半导体产品","LI":"理想汽车","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","ARM":"ARM Holdings Ltd"},"translate_title":"Vertiv Holdings和JinkoSolar被评为咤克斯当日牛市和熊市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARM":1,"VMC":1,"NVDA":1,"RBA":1,"LI":1,"JKS":1,"VRT":0.9,"US10Y.BOND":0.9,"US12M.BOND":0.9,"US2Y.BOND":0.9,"US30Y.BOND":0.9,"US3Y.BOND":0.9,"US5Y.BOND":0.9,"US6M.BOND":0.9,"US7Y.BOND":0.9,"US912796CX52.BOND":0.6,"US912797FH58.BOND":0.6,"US912797FS14.BOND":0.6,"US912797GB79.BOND":0.6,"US912797GK78.BOND":0.6,"US912797GL51.BOND":0.6,"US912797GW17.BOND":0.6,"US912797HE00.BOND":0.6,"US912797HG57.BOND":0.6,"US912797HH31.BOND":0.6,"EVS.SI":0.6},"content_text":"For Immediate Release\nChicago, IL – March 26, 2024 – Zacks Equity Research shares Vertiv Holdings Co VRT as the Bull of the Day and JinkoSolar Holding Co., Ltd. JKS as the Bear of the Day. In addition, Zacks Equity Research provides analysis on ARM Holdings PLC Sponsored ADR ARM, Li Auto LI and Vulcan Materials VMC.\nHere is a synopsis of all five stocks:\nBull of the Day:\nVertiv Holdings Co stock has doubled Nvidia over the last 12 months, driven by Wall Street’s insatiable appetite for AI-boosted growth.\nVertiv is not as flashy as Nvidia and other artificial intelligence darlings. Yet Vertiv’s portfolio of power, cooling, and IT infrastructure solutions and services could grow steadily for decades because AI and other technological advancements require practically endless, always-available data.\nVertiv’s job is to keep the computing power needed to drive the modern, digitally connected economy running as smoothly as possible around the clock.\nVRT provides investors the opportunity to benefit from the AI-super cycle without picking artificial intelligence winners since Vertiv is a high-tech picks and shovels-type AI investment.\nVRT’s Pitch: The World Runs on Big Data\nThe rapid rise of cloud computing, AI, cryptocurrencies, and cutting-edge technologies yet to come all require an increasingly enormous amount of data and energy. Vertiv’s pitch to potential customers and Wall Street is straightforward and compelling: “The world depends on the data we power and cool.”\nVertiv’s portfolio of power, cooling, and IT infrastructure solutions and services operates across data centers, communication networks, commercial and industrial facilities, and beyond. Vertiv’s product categories include critical power, thermal management, racks & enclosures, and monitoring & management.\nThe Ohio-based firm's services range from DC power and electrical reliability to safety and compliance. Vertiv’s clients include enterprises and small and medium-sized businesses across healthcare, telecom, tech, retail, education, and beyond.  \nVertiv expects the push for greater energy efficiency across data centers will boost its liquid cooling technologies since more traditional air-cooling systems cannot as effectively cool new high-density racks jam-packed with CPUs and GPUs.\nVertiv is expanding inside the pre-fabricated/modular data industry, as data centers proliferate globally. Meanwhile, its micro data centers offer all-in-one solutions for power, cooling, monitoring, and racks.\nVRT in December agreed to acquire liquid cooling infrastructure solutions firm CoolTera, bolstering its ability to support the deployment of AI at scale. Plus, Vertiv partnered with AI chip superstar Nvidia ((NVDA) to help solve future data center efficiency and cooling challenges.\nThe firm’s nearly two dozen global manufacturing plants are helping it ramp up production. Vertiv said last year that its “existing footprint was built with the idea that future growth would need to be accommodated.”\nGrowth Outlook  \nVertiv, which went public via a SPAC in early 2020, posted 14% revenue growth during its first two full years. VRT grew its revenue by 21% in fiscal 2023.\nThe company's organic orders climbed by 23% in Q4 and it closed the year with a record backlog of $5.5 billion. CEO Giordano Albertazzi sees “tremendous opportunity ahead as the data center needs of AI drive additional market demand.”\nVertiv is projected to post 11% revenue growth in fiscal 2024 and nearly 10% higher sales in FY25 to climb from $6.86 billion last year to $8.34 billion next year.\nVRT’s adjusted earnings are projected to soar by 33% and 24%, respectively. Vertiv is also boosting its adjusted free cash flow, which helps support the acceleration of its long-term capital deployment framework.\nVertiv’s post-Q4 release EPS revisions help it land a Zacks Rank #1 (Strong Buy) and mark the continuation of its improving bottom line outlook over the last year.\nVRT’s FY24 consensus EPS estimate has jumped 80% over the last year from $1.31 a share to its current $2.35 per share, while its FY25 figure has soared by 112% ($1.38 to $2.92 per share).\nPerformance, Technical Levels & Valuation\nVertiv shares have surged by 325% during the last three years to outpace the S&P 500’s 31% and the Zacks Technology sector’s 35%. VRT has skyrocketed roughly 530% during the last 12 months to double Nvidia and blow away Tech 48%.\nVertiv trades solidly above its 21-day and 50-day moving averages, driven by a 72% YTD climb. VRT might be overheated in terms of RSI levels, and some investors might want to wait for a pullback.\nThat said, playing the market-timing game is not easy and can prevent long-term investors from buying great stocks at prices that could look like steals down the road even if they prove a tad pricey in the near term.\nVertiv trades at a discount to its Computers - IT Services industry at 33.2X forward 12-month earnings vs. 36.1X. That is solid bang for your buck since VRT has climbed 325% in the last three years vs. its industry’s 12% run.\nVertiv’s PEG ratio, which factors in its longer-term earnings growth outlook, sits at 1.2. This represents a 60% discount vs. its industry, 36% value vs. the Zacks Tech sector, and an 8% discount to Nvidia.\nBottom Line\nWall Street is bullish on Vertiv, with nine of the 10 brokerage recommendations Zacks has at “Strong Buys.” VRT appears worth considering as a way to gain exposure to the never-ending growth of data and, of course, the AI age.\nBear of the Day:\nJinkoSolar Holding Co., Ltd. is one of the largest solar panel manufacturers in the world. JinkoSolar shares have tumbled alongside most of the solar industry over the last few years amid higher interest rates, tough-to-compete-against periods of expansion, and other headwinds.\nJKS fell way short of our Q4 earnings estimate on March 20 and provided disappointing guidance.\nJinkoSolar Basics\nJinkoSolar makes various types of solar panels for different aspects of the market. The company sells residential rooftop solar panels, as well as high-performance systems for localized industrial and commercial energy production.\nJinkoSolar benefited greatly from the Chinese government’s efforts to boost solar panel production in the country. JinkoSolar’s vertically integrated manufacturing process has helped it lower the costs of producing complicated, high-tech PV panels.\nSolar went on a tear during Covid, spurred by government incentives, lower rates, and more. JKS expanded greatly since 2019, soaring from roughly $4.27 billion in sales to around $16.62 billion in fiscal 2023.\nStill, JKS posted adjusted fourth earnings of $1.21 a share, missing our estimate by 47%. Worse yet, JinkoSolar’s downbeat guidance forced analysts to slash their earnings outlooks.\nJinkoSolar’s first quarter consensus plummeted from +$2.10 a share before its March 20 release to a loss of -$0.44 per share. JinkoSolar’s FY24 consensus EPS estimate tumbled by 47%, with its FY25 outlook 30% lower.\nJinkoSolar’s downward earnings revisions help it land a Zacks Rank #5 (Strong Sell) right now. “As module prices fell more than expected in the fourth quarter and nearly 50% of our modules were sold to the Chinese market at lower prices, gross margin for the fourth quarter decreased significantly to 12.5% from 19.3% in the third quarter,” CEO Xiande Li said in prepared remarks.\nBottom Line\nJinkoSolar could be a long-term winner. The solar industry might be nearing a bottom because interest rates have likely peaked. Plus, solar is still projected to grow alongside the wider energy transition.\nThat said, JinkoSolar stock only performed well during the Covid boom. The stock is down 22% over the last 10 years. All in, it might be best for investors to stay away from JKS until it proves to Wall Street that a turnaround is on the horizon.\nAdditional content:\nGlobal Week Ahead: Two Big IPOs in Europe and the PCE in the U.S.\nIn the Global Week Ahead, inflation signals from the United States, Australia and Japan are a key focus, for bond and stock traders alike.\nThis follows a deluge of central bank meetings last week. Ones that included a historic Bank of Japan (BoJ) rate hike.\nThis week, Sweden's Riksbank could add to drama around who cuts rates. Now that Switzerland has kicked off easing among big central banks.\nFinally, Europe's IPO wheels are turning.\nNext are Reuter’s five world market themes, reordered for equity traders:\n(1) This Week, Two of the Biggest European IPO’s in the Last 12 Months Happen. \nThe launch of two of the biggest European initial public offerings (IPOs) of the last 12 months is in traders' sights.\nThe market wants some equity market success to unlock a vital cog in the financial system and spur more dealmaking.\nCVC's perfume retailer Douglas raised around 850 million euros ($922.93 million). It priced its shares at bottom of an indicated range. They plummeted more than 12% on their debut on Thursday.\nBut skincare company Galderma (GALD), opens new tab priced its 2.3 billion swiss franc ($2.56 billion) IPO at the top of an indicated price range and soared on its first day trading Friday.\nA good performance might help other companies follow suit, including CVC itself.\nThat should help release pressure building on private equity firms needing to exit investments, return capital and deploy funds.\n(2) On Friday, watch out for the U.S. Personal Consumption Expenditure Price Index (PCE). The Fed’s preferred inflation measure lands.\nA March 29th U.S. inflation reading is critical for markets after the Federal Reserve stuck with a view for rate cuts this year, even with a stronger economic outlook.\nThe February Personal Consumption Expenditures Price index is expected to show a +0.4% monthly increase, according to a Reuters poll. January's PCE index rose +0.3%, while the annual increase in inflation was the smallest in three years.\nThe Fed just upgraded its view on inflation - projecting that the PCE index excluding food and energy would rise at a +2.6% annual rate by year-end, compared with +2.4% in its December projections. It also lifted 2024 economic growth estimates.\nAny suggestion in the data that inflation is picking up could dash hopes that Fed easing will start soon, with a go-slow approach likely to continue.\n(3) What Other Moves Come from the World’s Central Banks? \nTraders love a bit of excitement, and there has been plenty lately - a BOJ rate hike and a surprise Swiss cut.\nThe Swiss move, plus the Bank of England (BoE)'s hint at easing, means it is game on for June rate cuts from other big central banks.\nData and central-bank speak in coming days will be watched closely.\nThe question is the U.S. Fed. It is sticking with a plan for three rate cuts for now, but strong data and sticky inflation could derail that.\nWhere does that leave investors? They favor government bonds in Europe and selling currencies where rate differentials with the Fed are opening up.\nNo surprise that the Swiss franc slumped after Thursday's SNB cut and even the buoyant U.K. pound took a knock from a dovish BoE.\n(4) In Asia-Pacific, the Reserve Bank of Australia (RBA) Sets Monetary Policy. \nJust as the Reserve Bank of Australia (RBA) thought inflation was finally coming to heel and the time was ripe to tone down its tightening bias, blowout employment figures have delivered a nasty shock.\nThe RBA will likely watch Wednesday's inflation print for any upside surprises, given February's data will capture more price changes for a range of services - which has been declining at a slower pace than for goods.\nAcross Asia, any further easing of inflation in Singapore and neighboring Malaysia is unlikely to significantly sway policymakers, who are expected to keep monetary policy unchanged for some time.\nTokyo's consumer price figures caps off a data-light week for Japan on Friday. That may be met with less excitement given that the Bank of Japan, has finally now hiked rates for the first time in 17 years.\n(5) In Europe on Wednesday, Sweden’s Central Bank, the Riksbank, Sets Policy. \nSweden's central bank, the world's oldest, is expected to keep its key rate unchanged on March 27th. But it could announce that a cut, the first since it began tightening policy in spring 2022, is nearing.\nHeadline inflation has slowed to near the Riksbank's 2% target and growth has ground to a halt as households and businesses struggle with rates at over 15 year-highs.\nIn February, the central bank said rates had peaked and that it could even start to ease policy in the first half of 2024.\nRate-setters remain worried, however, about the risks of setbacks - particularly the chance of a weaker Swedish crown if the Riksbank gets out of step with the ECB and U.S. Federal Reserve.\nAs a result, markets see a first rate cut in May or June.\nTop Zacks #1 Rank (STRONG BUY) Stocks\n(1) ARM Holdings PLC Sponsored ADR: This is a $133 stock in the Technology Services industry. The market cap is $135B. I see a Zacks Value score of F, a Zacks Growth score of C, and a Zacks Momentum score of F.\nArm Holdings plc (formerly an acronym for Advanced RISC Machines and originally Acorn RISC Machine) is a British semiconductor and software design company based in Cambridge, England.\nIts primary business is the design of central processing unit (CPU) cores. Ones that implement the ARM architecture family of instruction sets.\nArm also designs other chips, provides software development tools under the DS-5, RealView and Keil brands, and provides systems and platforms, system-on-a-chip (SoC) infrastructure and software.\nAs a \"holding\" company, Arm also holds shares of other companies. Since 2016, it has been majority owned by Japanese conglomerate SoftBank Group.\nArm's main CPU competitors in servers include IBM, Intel and AMD.\n(2) Li Auto: This is a $31 stock in the Foreign Auto industry. The market cap is $36.2B. I see a Zacks Value score of B, a Zacks Growth score of A, and a Zacks Momentum score of A.\nLi Auto Inc. is a Chinese electric vehicle manufacturer headquartered in Beijing, with manufacturing facilities in Changzhou.\nFounded by Li Xiang in 2015, the company mainly builds electric vehicles that use range extenders for a power supply.\nThis Chinese electric vehicle company debuted on the Nasdaq in 2020.\nIn 2022, Li Auto thoroughly refreshed its portfolio, implementing a new styling language and expanding the model range from the current one SUV Li One, to three completely new designs.\n• The first of them was the flagship Li L9, which debuted in March.• Then, in September of the same year, a shortened variant called Li L8 and• An even smaller version Li L7 were presented, the only one without the third row of seats, as the basic model in the new range of the Chinese company.\nLi Auto has vehicle manufacturing, engineering, and design services located in Changzhou, Jiangsu with corporate headquarters and research and development located in Beijing.\n(3) Vulcan Materials: This is a $275 stock in the U.S. Building Products industry. The market cap is $35.9B. I see a Zacks Value score of D, a Zacks Growth score of C, and a Zacks Momentum score of A.\nVulcan Materials Company is engaged in the production, distribution and sale of construction aggregates and other construction materials in the U.S. and Mexico.\nThe company has four operating segments: Aggregates, Concrete, Asphalt Mix and Calcium.\n• The Aggregates segment produces and sells aggregates like crushed stone, sand and gravel and other aggregates. The end users include public construction as well as private residential and private non-residential (manufacturing, retail, offices, industrial and institutional) construction.• The Asphalt Mix segment produces and sells asphalt mix. Aggregates are a major component in asphalt mix.• The Concrete segment deals with the production and sale of ready-mix concrete in various US sates. This segment functions as a customer of the Aggregates segment, as aggregates are a major component in ready-mix concrete.• The Calcium segment produces calcium products for the animal feed, plastics and water treatment industries with high-quality calcium carbonate material.\nKey Global Macro\nFriday’s core PCE data, and Jerome Powell’s speech, are top market-moving events.\nOn Monday, U.S. new home sales for FEB should be 0.673M, rising from a prior month’s 0.661M.\nOn Tuesday, U.S. durable goods orders for FEB come out. Ex-defense orders should be up +1.0%, following a -7.3% prior monthly print in JAN.\nOn Wednesday, the influential Fed Governor Chris Waller speaks.\nOn Thursday, traders get to review the 2nd revision of U.S. Q1 real GDP growth. The ‘advance’ print was +3.2%.\nOn Friday, U.S. core and broad PCE measures hit the tape in the morning. The prior core reading was +2.8% y/y. The prior broad PCE reading was +2.4% y/y.\nFed Chair Jerome Powell speaks in the afternoon.\nThis is also the Good Friday holiday.\nConclusion \nHere are Zacks Research Director Sheraz Mian’s four key Q1 EPS season hints: \n(1) Expect total S&P500 earnings for Q1-24 to be up +2.1% from the same period last year, on +3.4% higher revenues.\nThis follows the +6.5% earnings growth, on +3.8% higher revenues in Q4-23.\n(2) Estimates for Q1-24 have come down since the quarter began.\nThough the magnitude of cuts compares favorably to what we experienced in the comparable period for the preceding quarter.\n(3) The Tech and Energy sectors are having the opposite effects on the Q1-24 earnings growth pace.\nThe Energy sector is pulling it down, and the Tech sector providing a boost.\n(4) For Q1-24, expect ‘Magnificent 7’ earnings to increase +33.4%, on +13.4% higher revenues.\nExcluding the Mag 7 contribution?\nThen, Q1-24 earnings for the rest of the S&P500 index would be down -3.6% from the year-earlier period (versus +2.1% growth otherwise).\nHave a successful week trading and investing,\nJohn Blank, PhD\nZacks Chief Equity Strategist and Economist\nWhy Haven’t You Looked at Zacks' Top Stocks? \nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\nhttps://www.zacks.com\nZacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \"Terms and Conditions of Service\" disclaimer. www.zacks.com/disclaimer.\nPast 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/performancefor information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. 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