Take the Zacks Approach to Beat the Markets: Snap, Naspers, e.l.f. Beauty in Focus

Zacks06-17

Last week, the S&P 500 and the Nasdaq Composite gained 1.3% and 2.9%, respectively. However, the Dow Jones Industrial Average declined 0.7% in the same period. The Consumer Price Index (CPI) for May, ...

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However, the Dow Jones Industrial Average declined 0.7% in the same period.\nThe Consumer Price Index (CPI) for May, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/zacks-approach-beat-markets-snap-120200705.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>Take the Zacks Approach to Beat the Markets: Snap, Naspers, e.l.f. 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Beauty in Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-17 20:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/zacks-approach-beat-markets-snap-120200705.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, the S&P 500 and the Nasdaq Composite gained 1.3% and 2.9%, respectively. However, the Dow Jones Industrial Average declined 0.7% in the same period.\nThe Consumer Price Index (CPI) for May, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/zacks-approach-beat-markets-snap-120200705.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":"FDN","symbol_name":"First Trust Dow Jones Internet I","start_time":0,"source_url":"https://finance.yahoo.com/news/zacks-approach-beat-markets-snap-120200705.html","article_id":"2444193104","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gs_.4cu2NstdENlVVLE27A--~B/aD00NjU7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/c781a5c027951ec951542da0e5ce3cc4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2444193104","pubTimestamp":1718625720,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Last week, the S&P 500 and the Nasdaq Composite gained 1.3% and 2.9%, respectively. However, the Dow Jones Industrial Average declined 0.7% in the same period.The Consumer Price Index  for May, came as a sigh of relief for investors. The monthly CPI remained flat after rising 0.3% in April, though it increased 3.3% over the last 12 months. Also, the Producer Price Index  unexpectedly fell in May mostly due to lower energy costsby 0.2% after advancing by 0.5% in April. The inflation surge in the first quarter is slowly cooling off.In line with Wall Street estimates, the Federal Open Market Committee  kept the benchmark interest rates unchanged in the range of 5.25-5.50% for the seventh straight meeting. Though inflation numbers improved in May, Federal Reserve Chair Jerome Powell said that the central bank does not yet have the confidence to start lowering interest rates, and forecast one rate cut this year.Regardless of market conditions, we, here at Zacks, provide investors with unbia","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FDN":"First Trust Dow Jones Internet I","SDS":"两倍做空标普500ETF","SNAP":"Snap Inc","ECDP":"Eco Depot, Inc.","STEP":"StepStone Group Inc.","UPRO":"三倍做多标普500ETF","TSCO":"拖拉机供应公司",".SPX":"S&P 500 Index","OEX":"标普100","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","CPI":"IQ Real Return ETF","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","SSO":"两倍做多标普500ETF","NVO":"诺和诺德","SH":"标普500反向ETF","LAKE":"雷克兰医疗工业","SPXU":"三倍做空标普500ETF","COST":"好市多","PPI":"AXS Astoria Inflation Sensitive ETF","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","SPY":"标普500ETF","NOBL":"ProShares S&P 500 Aristocrats ETF","DGX":"奎斯特诊疗","ELF":"e.l.f. 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However, the Dow Jones Industrial Average declined 0.7% in the same period.\nThe Consumer Price Index (CPI) for May, came as a sigh of relief for investors. The monthly CPI remained flat after rising 0.3% in April, though it increased 3.3% over the last 12 months. Also, the Producer Price Index (PPI) unexpectedly fell in May mostly due to lower energy costsby 0.2% after advancing by 0.5% in April. The inflation surge in the first quarter is slowly cooling off.\nIn line with Wall Street estimates, the Federal Open Market Committee (FOMC) kept the benchmark interest rates unchanged in the range of 5.25-5.50% for the seventh straight meeting. Though inflation numbers improved in May, Federal Reserve Chair Jerome Powell said that the central bank does not yet have the confidence to start lowering interest rates, and forecast one rate cut this year.\nRegardless of market conditions, we, here at Zacks, provide investors with unbiased guidance on how to beat the market. \nAs usual, Zacks Research guided investors over the past three months with its time-tested methodologies. Given the prevailing market uncertainty, you may want to look at our feats to prepare better for your next action.\nHere are some of our key achievements:\nSnap and StepStone Following Zacks Rank Upgrade \nShares of Snap Inc. SNAP have gained 41.7% (versus the S&P 500’s 1.04% decrease) since it was upgraded to a Zacks Rank #2 (Buy) on April 8.\nAnother stock, StepStone Group LP STEP, which was upgraded to a Zacks Rank #1 (Strong Buy) on April 12 has returned 16.1% (versus the S&P 500’s 1.2% decline) since then.\nZacks Rank, our short-term rating system, has earnings estimate revisions at its core. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. \nA hypothetical portfolio of Zacks Rank #1 stocks has returned +6.1% in the year-to-date period through April 1, 2024, vs. +11.3% for the S&P 500 index and +7.7% for the equal-weight version of the S&P 500 index.\nThis hypothetical portfolio returned +20.63% in 2023 vs. +24.83% for the S&P 500 index and +15% for the equal-weight S&P 500 index.\nThe portfolio of Zacks Rank #1 stocks is an equal-weight portfolio, while the S&P 500 index is a market-cap-weighted index that has been notably distorted by the concentrated performance of mega-cap stocks since October 2022.\nThe Zacks Model Portfolio — consisting of Zacks Rank #1 stocks — has outperformed the S&P index by more than 16 percentage points since 1988 (Through April 1, 2024, the Zacks # 1 Rank stocks generated an annualized return of +27.6% since 1988 vs. +11.1% for the S&P 500 index).You can see the complete list of today’s Zacks Rank #1 stocks here >>>\nCheck Snap’s historical EPS and Sales here>>>\nCheck StepStone’s historical EPS and Sales here>>>\nImage Source: Zacks Investment Research\nZacks Recommendation Upgrades Lakeland Industries and Naspers  \nShares of Lakeland Industries, Inc. LAKE and Naspers Limited  NPSNY have advanced 43.7% (versus the S&P 500’s 1.7% increase) and 16.2% (versus the S&P 500’s 0.3% rise), respectively, since their Zacks Recommendation was upgraded to Outperform on April 17 and April 15, respectively.\nWhile the Zacks Rank is our short-term rating system that is most effective over the one- to three-month holding horizon, the Zacks Recommendation aims to predict performance over the next 6 to 12 months. However, just like the Zacks Rank, the foundation for the Zacks Recommendation is trends in earnings estimate revisions.\nThe Zacks Recommendation classifies stocks into three groups — Outperform, Neutral and Underperform. While these recommendations are determined quantitatively, our analysts have the flexibility to override them for the 1100+ stocks they closely follow based on their better judgment of factors such as valuation, industry conditions and management effectiveness than the quantitative model.\nTo access our research reports with Zacks Recommendations for the 1100+ stocks we cover, click here>>>\nZacks Focus List Stocks NVIDIA, Casey's General Stores Shoot Up\nShares of NVIDIA Corporation NVDA, which belongs to the Zacks Focus List, have gained 39.9% over the past 12 weeks. The stock was added to the Focus List on May 20, 2019. Another Focus-List holding, Casey's General Stores, Inc.  CASY, which was added to the portfolio on August 20, 2019, has returned 17.5% over the past 12 weeks. The S&P 500 has advanced 4.1% over this period. \nThe Focus List portfolio returned +10.23% in 2024 Q1 vs. +10.56% for the S&P 500 index and +7.9% for the equal-weight S&P 500 index.\nThe 50-stock Zacks Focus List model portfolio returned +31.44% in 2023 vs. +26.28% for the S&P 500 index and +13.61% for the equal-weight S&P 500 index. In 2022, the portfolio produced -15.2% vs. the S&P 500 index’s -17.96%.\nSince 2004, the Focus List portfolio has produced an annualized return of +11.91% (through March 31, 2024). This compares to a +10.25% annualized return for the S&P 500 index in the same time period.\nUnlock all of our powerful research, tools and analysis, including the Focus List, Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. Gain full access now >>\nZacks ECAP Stocks Costco Wholesale & Novo Nordisk Make Significant Gains\nCostco Wholesale Corporation COST, a component of our Earnings Certain Admiral Portfolio (ECAP), has jumped 16.5% over the past 12 weeks. Novo Nordisk A/S NVO has followed Costco Wholesale Corporation with 10.7% returns.\nThe Zacks Earnings Certain Admiral Portfolio (ECAP), which consists of 30 concentrated, ultra-defensive, long-term Buy and Hold stocks, has returned +9.08% in the year-to-date period (through March 31, 2024) vs. +10.42%.\nIn 2023, the portfolio returned +12.17% vs. +26.28% for the S&P 500 index. The portfolio returned -4.7% in 2022 vs. the S&P 500 index’s -17.96%.\nWith little to no turnover and annual rebalance periodicity, the ECAP seeks to minimize capital loss by holding shares of companies whose earnings streams exhibit a proven 20+ year track record of surviving recessionary periods with minimal impact on aggregate earnings growth relative to the overall S&P 500.\nThe ECAP and many other model portfolios are available as part of Zacks Advisor Tools, a cloud-based solution to access Zacks award-winning stock, mutual fund and ETF research. Click here to schedule a demo.\nZacks ECDP Stocks Quest Diagnostics and Tractor Supply Outperform Peers\nQuest Diagnostics Incorporated DGX, which is part of our Earnings Certain Dividend Portfolio (ECDP), has returned 6.6% over the past 12 weeks. Another ECDP stock, Tractor Supply Company TSCO, has also climbed 6.6% over the same time frame. Of course, the inclination of investors toward quality dividend stocks to secure an income stream amid heightened market volatility contributed to this performance.\nCheck Quest Diagnostics’ dividend history here>>>\nCheck Tractor Supply’s dividend history here>>>\nWith an extremely low Beta and a history of minimum earnings variability over the last 20+ years, this 25-stock portfolio helps significantly mitigate risk.\nThe Zacks Earnings Certain Dividend Portfolio (ECDP) has returned +4.47% in the year-to-date period (through March 31, 2024) vs. +10.42% for the S&P 500 index (IVV) and +6.9% for the Dividend Aristocrats ETF (NOBL).\nThe portfolio returned -0.9% in 2023 vs. +26.28% for the S&P 500 index and +8.11% for NOBL. The portfolio returned -2.3% in 2022 vs. -17.96% for the S&P 500 index and -8.34% for NOBL.\nClick here to access this portfolio on Zacks Advisor Tools.  \nZacks Top 10 Stocks — e.l.f. Beauty Market Delivers Solid Returns\ne.l.f. Beauty, Inc. ELF, from the Zacks Top 10 Stocks for 2024, has jumped 33.5% year to date, which compares to the S&P 500 index’s +14.2% increase.\nThe Top 10 portfolio returned +19.56% in 2024 Q1 vs. +10.56% for the S&P 500 index and +7.9% for the equal-weight version of the index.\nThe Top 10 portfolio returned +25.15% in 2023 vs. +26.28% for the S&P 500 index. Since 2012, the Top 10 portfolio has produced a cumulative return of +1,060.9% through the end of 2023 vs. +360.1% for the S&P 500 index.\nSince 2012, the Zacks Top 10 portfolio has produced an annualized return of +25.02% through the end of 2024 Q1 vs. +14.1% for the S&P 500 index and +12.7% for the equal-weight version of the index. The portfolio has produced a cumulative return of +1,442.3% vs. +403.03% for the S&P 500 index and +331.29% for the equal-weight index.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNovo Nordisk A/S (NVO) : Free Stock Analysis Report\nQuest Diagnostics Incorporated (DGX) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nTractor Supply Company (TSCO) : Free Stock Analysis Report\nCostco Wholesale Corporation (COST) : Free Stock Analysis Report\nCasey's General Stores, Inc. (CASY) : Free Stock Analysis Report\nLakeland Industries, Inc. (LAKE) : Free Stock Analysis Report\nProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports\ne.l.f. Beauty (ELF) : Free Stock Analysis Report\nSnap Inc. (SNAP) : Free Stock Analysis Report\nNaspers Ltd. (NPSNY) : Free Stock Analysis Report\nStepStone Group Inc. (STEP) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2444193104"}