Gold prices have been on the rise over the past several months, which has given a boost to stocks linked to gold mining. Rising geopolitical tensions, especially the ongoing tensions in the Middle East between Iran and Israel, with the United States now having joined the conflict, have been helping gold prices. Given the current
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market’s attention and produce exceptional returns. But finding a great growth stock is not easy at all. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company’s growth story is over or nearing
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores,
The outlook for the Zacks Automotive – Original Equipment industry remains challenged, weighed down by macroeconomic headwinds and tariff-related demand volatility. The pull-forward in vehicle sales earlier this year, driven by tariff fears, is expected to result in a slowdown in the coming months, pressuring order volumes for equipment suppliers. While the shift toward electric
Gold prices have been witnessing a northward journey in recent months, benefiting the stocks associated with yellow metal mining. On May 5, the spot gold price touched $3,415.57/ounce and it thereafter it stayed around $3,300/ounce. Stock prices of several gold miners have jumped year to date. The surge in gold price was driven by investor
In recent weeks, gold mining stocks have experienced a significant rise in valuation. The primary driver has been the surge in gold prices, which reached a two-week high of $3,336.43/ounce on May 21. This increase is attributed to investor concerns over the U.S. government’s escalating debt, weak demand for long-term treasury bonds and a declining
Titan Machinery Inc. TITN announced that it closed the acquisition of the dealership assets of Farmers Implement & Irrigation. This move is in sync with Titan Machinery’s strategic growth initiatives. Farmers Implement & Irrigation is a New Holland dealership with two locations in South Dakota (Brookings and Watertown). Titan Machinery will gain from the strong
Despite weak commodity prices marring the near term outlook of the Zacks Manufacturing – Farm Equipment industry, it will benefit from increased agricultural equipment demand to meet the food requirements of a growing population. Deere & Company DE, Kubota KUBTY and Lindsay LNN are well-poised to capitalize on this demand, backed by their efforts to
Masimo Corporation MASI delivered adjusted earnings per share (EPS) of $1.80 in the fourth quarter of 2024, up 44% year over year. The figure beat the Zacks Consensus Estimate by 20.8%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The adjustments include acquired intangible asset amortization, and acquisitions, integrations, divestitures, and related
The Zacks Manufacturing-Tools & Related Products industry is poised for growth on the back of robust demand for machinery tools in the industrial and automotive industries. Increased usage of electrical devices these days should drive demand for manufacturing tools in the power market. With rapid urbanization and the associated investments in product development and upgrades,