Beat the Market the Zacks Way: Bank of New York Mellon, PetMed, Ulta Beauty in Focus

Zacks11-05 21:49

The three major U.S. indexes — the Nasdaq Composite, the S&P 500, and the Dow Jones Industrial Average — have declined 2.1%, 1.9%, and 1.4%, respectively, since October 28. A cautious approach ahead ...

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A cautious approach ahead ...</p>\n\n<a href=\"https://finance.yahoo.com/news/beat-market-zacks-way-bank-134900904.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>Beat the Market the Zacks Way: Bank of New York Mellon, PetMed, Ulta Beauty in Focus</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\">\nBeat the Market the Zacks Way: Bank of New York Mellon, PetMed, Ulta Beauty in Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-05 21:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/beat-market-zacks-way-bank-134900904.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The three major U.S. indexes — the Nasdaq Composite, the S&P 500, and the Dow Jones Industrial Average — have declined 2.1%, 1.9%, and 1.4%, respectively, since October 28. A cautious approach ahead ...</p>\n\n<a href=\"https://finance.yahoo.com/news/beat-market-zacks-way-bank-134900904.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":"SDS","symbol_name":"两倍做空标普500ETF","start_time":0,"source_url":"https://finance.yahoo.com/news/beat-market-zacks-way-bank-134900904.html","article_id":"2481685357","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Qxwwv80EpIZfn48UYCtPqA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/8f45db3b4c55f2e813c23f56db2eba0f"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481685357","pubTimestamp":1730814540,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The three major U.S. indexes — the Nasdaq Composite, the S&P 500, and the Dow Jones Industrial Average — have declined 2.1%, 1.9%, and 1.4%, respectively, since October 28. A cautious approach ahead of the U.S. presidential election has pushed the markets into negative territory.Gross domestic product grew at 2.8% annually in Q3. Consumer spending, which holds more than two-thirds of economic activity, rose 3.7% annually, the highest since the first quarter of 2023. Inflation remains under check as the personal consumption expenditures  index for September came in at 2.1% annually, closer to the Federal Reserve's 2% target. The CME FedWatch Tool indicates a 100% probability of another rate cut in theupcoming Federal Open Market Committee  meeting on November 7.Shares of Bank of New York Mellon Corporation BK have gained 10.6%  since it was upgraded to a Zacks Rank #2  on September 3.The Zacks Model Portfolio - consisting of Zacks Rank #1 stocks – has outperformed the S&P index by almos","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SDS":"两倍做空标普500ETF","UPRO":"三倍做多标普500ETF","MNST":"怪物饮料","CLX":"高乐氏","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","PH":"汉尼汾","IVV":"标普500指数ETF","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","ULTA":"Ulta美容","BK4532":"文艺复兴科技持仓","BK4161":"工业机械","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","BK4204":"教育服务","SG9999001077.SGD":"United International Growth Fund SGD","CBRE":"世邦魏理仕","SSO":"两倍做多标普500ETF","FDN":"First Trust Dow Jones Internet I","BK4018":"居家用品","SH":"标普500反向ETF","BK4567":"ESG概念","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","OEX":"标普100",".SPX":"S&P 500 Index","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","PETS":"PetMed Express","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","SPXU":"三倍做空标普500ETF","BK4566":"资本集团","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","FDS":"辉盛研究系统","LRN":"Stride","ECDP":"Eco Depot, Inc.","FOMC":"FOMO CORP.","SPY":"标普500ETF","HD":"家得宝","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","VOO":"Vanguard标普500ETF","BK":"纽约梅隆银行","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","NOBL":"ProShares S&P 500 Aristocrats ETF","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","OEF":"标普100指数ETF-iShares","COMP":"Compass, Inc.","UI":"厄比奎蒂"},"translate_title":"以Zacks方式击败市场：纽约梅隆银行、PetMed、Ulta Beauty成为焦点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BK":1,"ULTA":1,"UI":1,"PH":1,"PETS":1,"NOBL":1,"MNST":1,"LRN":1,"CBRE":1,"CLX":1,"HD":1,"ECDP":1,"FOMC":1,"FDS":1,"VOO":0.9,"SPY":0.9,"COMP":0.9,"FDN":0.87,"SH":0.6,"OEF":0.6,"OEX":0.6,"SDS":0.6,"SPXU":0.6,"SSO":0.6,"UPRO":0.6,".SPX":0.6,"IVV":0.6,"ESmain":0.6},"content_text":"The three major U.S. indexes — the Nasdaq Composite, the S&P 500, and the Dow Jones Industrial Average — have declined 2.1%, 1.9%, and 1.4%, respectively, since October 28. A cautious approach ahead of the U.S. presidential election has pushed the markets into negative territory.\nThe Labor Department reported that the U.S. economy added only 12,000 jobs in October, reaching its lowest point in three and a half years. Although unemployment remained steady at 4.1%, weak jobs data have raised fresh concerns about the economy’s health among market participants.\nGross domestic product grew at 2.8% annually in Q3. Consumer spending, which holds more than two-thirds of economic activity, rose 3.7% annually, the highest since the first quarter of 2023. Inflation remains under check as the personal consumption expenditures (PCE) index for September came in at 2.1% annually, closer to the Federal Reserve's 2% target. The CME FedWatch Tool indicates a 100% probability of another rate cut in the upcoming Federal Open Market Committee (FOMC) meeting on November 7.\nOn the global front, rising tensions between Iran and Israel have flared up worries about global supply-chain disruption and impact on oil prices. \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:\nBank of New York Mellon and Parker-Hannifin Following Zacks Rank Upgrade\nShares of Bank of New York Mellon Corporation BK have gained 10.6% (versus the S&P 500’s 1% increase) since it was upgraded to a Zacks Rank #2 (Buy) on September 3.\nAnother stock, Parker-Hannifin Corporation PH, which was also upgraded to a Zacks Rank #2 on September 2, has returned 6.3% (versus the S&P 500’s 1% rise) 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 (Strong Buy) stocks returned +14% in the year-to-date period through October 7, 2024, vs. +22.2% for the S&P 500 index and +12.4% 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 late 2022.\nThe Zacks Model Portfolio - consisting of Zacks Rank #1 stocks – has outperformed the S&P index by almost 13 percentage points since 1988 (Through October 7, 2024, the Zacks # 1 Rank stocks generated an annualized average return of +24.1% since 1988 vs. +11.2% for the S&P 500 index).\nYou can see the complete list of today’s Zacks Rank #1 stocks here >>>\nCheck Bank of New York Mellon’ historical EPS and Sales here>>>\nCheck Parker-Hannifin’s historical EPS and Sales here>>>\nImage Source: Zacks Investment Research\nZacks Recommendation Upgrades Ubiquiti and PetMed Express\nShares of Ubiquiti Inc. UI and PetMed Express, Inc. PETS have advanced 36.8% (versus the S&P 500’s 3.8% increase) and 28.7% (versus the S&P 500’s 4.2% rise), since their Zacks Recommendation was upgraded to Outperform on September 11 and September 10, 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 Cbre, Ulta Beauty Shoot Up\nShares of Cbre Group Inc. CBRE, which belongs to the Zacks Focus List, have gained 21.9% over the past 12 weeks. The stock was added to the Focus List on March 13, 2017. Another Focus-List holding, Ulta Beauty, Inc. ULTA, which was added to the portfolio on March 25, 2020, has returned 19.8% over the past 12 weeks. The S&P 500 has advanced 9% over this period. \nThe Focus List portfolio returned +19.7% in 2024 (through September 30th) vs. +22.1% for the S&P 500 index and +15.2% 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 +11.9% (through September 30, 2024). This compares to a +10.4% annualized return for the S&P 500 index and +10.3% for the equal-weight version of the 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 Monster Beverage & FactSet Research Systems Make Significant Gains\nMonster Beverage Corporation MNST, a component of our Earnings Certain Admiral Portfolio (ECAP), has jumped 17.8% over the past 12 weeks. FactSet Research Systems Inc. FDS has followed Monster Beverage Corporation with 16.3% returns.\nThe Zacks Earnings Certain Admiral Portfolio (ECAP), which consists of 30 concentrated, ultra-defensive, long-term Buy-and-Hold stocks, returned +1.97% for September 2024 vs. the S&P 500 index’s +2.14% return (IVV ETF).\nFor the year-to-date period (through the end of September 2024), the portfolio returned +20.62% vs. +22.1% for the S&P 500 index.\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, 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 Clorox and Home Depot Outperform Peers\nThe Clorox Company CLX, which is part of our Earnings Certain Dividend Portfolio (ECDP), has returned 14.6% over the past 12 weeks. Another ECDP stock, The Home Depot, Inc. HD, has also climbed 14.4% 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 Clorox's dividend history here>>>\nCheck Home Depot‘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) returned +1.91% in September 2024 vs. the S&P 500 index’s +2.14% gain and the Dividend Aristocrats ETF’s (NOBL) +2.37%.\nFor the year-to-date period (through September 30th), the portfolio returned +15.85% vs. +22.1% for the S&P 500 index and +13.78% for 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 Stride Delivers Solid Returns\nStride, Inc. LRN, from the Zacks Top 10 Stocks for 2024, has jumped 57.3% year to date, which compares to the S&P 500 index’s +19.9% increase.\nThe Top 10 portfolio returned +40.9% this year through September 30th, vs. +22.1% for the S&P 500 index and +15.2% 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.\nSince 2012, the Top 10 portfolio has produced a cumulative return of +1,714.9% through September 30th, 2024, vs. +448.6% for the S&P 500 index. The portfolio has produced an average return of +25.5% in the period 2012 through September 30th, 2024, vs. +14.4% for the S&P 500 index and +12.7% for the equal-weight version of the 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\nThe Bank of New York Mellon Corporation (BK) : Free Stock Analysis Report\nPetMed Express, Inc. (PETS) : Free Stock Analysis Report\nParker-Hannifin Corporation (PH) : Free Stock Analysis Report\nThe Home Depot, Inc. (HD) : Free Stock Analysis Report\nThe Clorox Company (CLX) : Free Stock Analysis Report\nUlta Beauty Inc. (ULTA) : Free Stock Analysis Report\nFactSet Research Systems Inc. (FDS) : Free Stock Analysis Report\nMonster Beverage Corporation (MNST) : Free Stock Analysis Report\nStride, Inc. (LRN) : Free Stock Analysis Report\nProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports\nCBRE Group, Inc. (CBRE) : Free Stock Analysis Report\nUbiquiti Inc. (UI) : 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/2481685357"}