3 Chip Stocks to Buy Now that Power the Metaverse

The term ‘metaverse’ is the latest tech buzzword on everyone’s lips. Investors seem excited about the potential it holds, and tech giants continue to invest heavily to develop metaverse. Given this backdrop, we think it could be wise to add quality semiconductor chip stocks NVIDIA (NVDA), Intel (INTC), and Micron Technology (MU) because they are likely to play a significant role in metaverse infrastructure. Read on.

The metaverse is a virtual universe powered by augmented and virtual reality headsets that will enable users to engage with content, interact with other users, and experience almost anything in a virtual realm.

The term ‘metaverse’ has been in the news since Facebook Inc. was renamed Meta Platforms, Inc. (FB). FB CEO Mark Zuckerberg said, “Our overarching goal across all of these initiatives is to help bring the metaverse to life.” Footwear manufacturer Nike, Inc. (NKE) became one of the first major companies to venture into the metaverse by partnering with Roblox Corporation (RBLX) and announcing a virtual world called Nikeland on RBLX’s online gaming platform.

Semiconductors are the backbone of information technology hardware and are expected to play a significant role in the burgeoning metaverse development. Given this backdrop, we think it could be wise to add quality chip stocks NVIDIA Corporation (NVDA), Intel Corporation (INTC), and Micron Technology, Inc. (MU) to one’s portfolio. These stocks look well-positioned to benefit from the growth metaverse.

Click here to checkout our Semiconductor Industry Report for 2022

NVIDIA Corporation (NVDA)

Santa Clara, Calif.-based NVDA is an artificial intelligence computing company. It operates through the Graphics and Compute & Networking segments. Its Graphics segment includes its GeForce graphics processing unit (GPU), Quadro/NVIDIA RTX GPUs, and automotive platforms for infotainment systems. Its Compute & Networking segment includes Data Center platforms and systems for artificial intelligence, high-performance computing, and accelerated computing.

On Jan. 4, 2022, NVDA announced that it had landed more deals with Chinese EV makers. The Chinese EV makers will use NVDA’s DRIVE technology as part of the CPUs of new vehicles, such as Polestar, Xpeng, NIO, IM Motors, Li Auto, and R Auto. Other auto suppliers, such as Desay, Flex, Quanta, Valeo, and ZF, will also use its DRIVE platform as the foundation for automated driving systems in vehicles they engineer for EV brands.

NVDA’s revenue for the third quarter, ended Oct. 31, 2021, increased 50% year-over-year to $7.10 billion. The company’s data center revenue increased 55% year-over-year to $2.94 billion. Its non-GAAP net income increased 62% year-over-year to $2.97 billion, while its non-GAAP EPS came in at $1.17, representing a 60% increase year-over-year.

Analysts expect NVDA’s EPS and revenue for its fiscal year 2022 to increase 73.6% and 60%, respectively, year-over-year to $4.34 and $26.68 billion. It surpassed the Street’s EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 96.3% in price to close yesterday’s trading session at $265.75.

Intel Corporation (INTC)

INTC designs, manufactures, and sells essential technologies for the cloud, smart, and connected devices for retail, industrial, and consumer uses worldwide. The Santa Clara, Calif.-based company’s segments include its Data Center group; Internet of Things Group; Mobileye; Non-Volatile Memory Solutions Group; and Programmable Solutions Group.

On Dec. 16, INTC CEO Pat Gelsinger announced the building of a new chip packaging and testing factory in Malaysia, which is set to become operational in 2024. This new facility will likely enable the company to capture the rising demand for semiconductor chips worldwide as the application of semiconductor chips grows.

INTC’s non-GAAP revenue for its fiscal third quarter, ended Sept. 30, 2021, increased 5% year-over-year to $18.10 billion. The company’s non-GAAP net income increased 54% year-over-year to $7 billion. Also, its non-GAAP EPS came in at $1.71, up 59% year-over-year.

The stock has gained 9.8% in price over the past month to close yesterday’s trading session at $54.94.

INTC’s POWR Ratings reflect solid prospects. According to our proprietary rating system, it has an overall A rating, which translates to a Strong Buy. The POWR Ratings assess stocks by 118 distinct factors, each with its own weighting.

It has an A grade for Value and a B grade for Momentum and Quality. Within the A-rated Semiconductor & Wireless Chip industry, it is ranked #11 of 100 stocks. Click here to see the additional ratings of INTC for Growth, Stability, and Sentiment.

Micron Technology, Inc. (MU)

MU in Boise, Idaho, provides memory and storage technology solutions, including dynamic random-access memory, negative-AND, three-dimensional XPoint memory, and NOR. Its brands include Micron and Crucial.

On Dec. 20, 2021, MU provided an upbeat quarter update fueled by the demand from networking, data center, and automotive customers. The company’s CEO, Sanjay Mehrotra, said, “Memory and storage will continue to grow faster than the rest of the chip industry, propelled by these new markets. These things are not just about calendar 2022, they’re even beyond that.”

For its fiscal first quarter, ended Dec. 2, 2021, MU’s revenue came in at $7.69 billion, up 33.2% year-over-year. The company’s non-GAAP net income increased 175.4% year-over-year to $2.47 billion. Its non-GAAP EPS increased 177% year-over-year to $2.16.

For the quarter ending Feb. 28, 2022, MU’s EPS is expected to increase 101% year-over-year to $1.97. Its revenue for fiscal 2023 is expected to increase 20.3% year-over-year to $38.79 billion. It surpassed consensus EPS estimates in each of the trailing four quarters. Over the past three months, the stock has gained 44% in price to close yesterday’s trading session at $95.62.

MU’s POWR Ratings reflect this promising outlook. The stock has an overall A rating, which equates to Strong Buy in our proprietary rating system.

It has an A grade for Value and a B grade for Growth, Momentum, Sentiment, and Quality. It is ranked #7 in the Semiconductor & Wireless Chip industry. To see the ranking of MU for Stability, click here.

Click here to checkout our Semiconductor Industry Report for 2022

NVDA shares were trading at $267.47 per share on Friday afternoon, up $1.72 (+0.65%). Year-to-date, NVDA has declined -9.06%, versus a -2.52% rise in the benchmark S&P 500 index during the same period.

About the Author: Dipanjan Banchur

Since he was in grade school, Dipanjan was interested in the stock market. This led to him obtaining a master’s degree in Finance and Accounting. Currently, as an investment analyst and financial journalist, Dipanjan has a strong interest in reading and analyzing emerging trends in financial markets.

More…

The post 3 Chip Stocks to Buy Now that Power the Metaverse appeared first on StockNews.com

https://www.entrepreneur.com/article/413352

Consider These ETF Strategies to Tackle Hot Inflation Data

This story originally appeared on Zacks

Rising inflation levels continue to be a concern for the U.S. economy. Per the latest Labor Department report, the Consumer Price Index (CPI) in December rose 7% year over year, on par with the Dow Jones estimate, according to a CNBC article. The metric came in at the highest level since June 1982 and covers a basket of products, ranging from gasoline and health care to groceries and rents. It also increased 0.5% for the month, surpassing the 0.4% Dow Jones estimate. The soaring food, shelter and used vehicle prices might be primarily responsible for the higher inflation levels.

Excluding food and energy prices, the core CPI was up 0.6%, worse than the estimate of 0.5%. Annual core inflation also increased at a 5.5% pace, in comparison with the 5.4% expectation and came in at the highest level since February 1991 (per a CNBC article).

The Federal Reserve has considered constrained labor availability the major reason for supply crunches. With higher chances of rising omicron cases and winter conditions in the northeast region, the labor shortage may remain and put increased pressure on prices (per a CNBC article).

Going on, considering the consistently hot inflation readings, the central bank has already started tapering bond purchases, which it expects to complete by March. The Fed is expected to begin raising its benchmark interest rate in March. The Federal Reserve may take a more aggressive approach in raising interest rates. In fact, Goldman Sachs is expecting the Federal Reserve to increase interest rates four times this year, according to a CNBC article.

Notably, the hot inflation data has compelled investors to look for alternative investment options that may fare better than cash or bonds in an inflationary environment. Moreover, certain companies with compromised pricing power may take a severe hit amid inflation and future earnings may also look less attractive amid high inflation levels. Against this backdrop, let’s take a look at some ETF trades that can be considered:

Gold ETFs to Hedge Inflation

Considering the current scenario, gold prices have been rising. The inflationary backdrop in the United States is favorable for gold as the metal is viewed as a hedge against inflation. Going by an article on kitco.com, Commerzbank also predicts 2022 to be a favorable year for gold. The report further mentioned that, “in the United States, inflation is currently at a 39-year high of 6.8%, in Germany at more than 5%, the highest level in 29 years, and in the Eurozone at 4.9%, the highest since the start of the monetary union in 1999.”

Going on, the report mentioned that “This means that market participants do not expect inflation to return to the Fed’s 2% inflation target in the medium to long term. Should the higher inflation become entrenched and the central banks fail to react appropriately to it, gold would probably benefit from this as an inflation hedge. According to a study by the World Gold Council, gold stands out with its price performance in phases of high inflation (inflation >5%). Even with inflation rates between 2% and 5%, the performance of gold is still significantly positive.”

Gold ETFs mostly move in tandem with gold prices. The SPDR Gold Shares GLD and iShares Gold Trust IAU are some of the popular ETFs (read: Play This New ETF PPI to Beat Inflation).

TIPS ETFs at Rescue

TIPS ETFs offer robust real returns during inflationary periods, unlike their unprotected peers in the fixed-income world. It provides shelter from increasing prices and protects income for the long term. While there are several options in the space to tap the rising consumer prices, we have highlighted iShares TIPS Bond ETF TIP and Schwab U.S. TIPS ETF SCHP, which can be compelling investment choices. TIP and SCHP have a High-risk outlook (read: Why Reopening-Friendly ETFs Can be Bought on the Dip?).

Bitcoins Gaining Popularity as ‘Digital Gold’

According to The Guardian report, bitcoin is generally seen as an alternative to the traditional safe-haven investment — gold. Some analysts also expect to see tough competition between both assets in the near future. According to the market pundits, growing retail interest in bitcoin may soon be observed as a form of digital gold. In fact, following the release of hot inflation data, investors can consider the first fund to track the ProShares Bitcoin Strategy ETF BITO, which was up 0.4% on Nov 10 (read: ETFs to Win or Lose on Hawkish Fed Minutes).

Want key ETF info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.

Get it free >>

Want 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

SPDR Gold Shares (GLD): ETF Research Reports

iShares Gold Trust (IAU): ETF Research Reports

iShares TIPS Bond ETF (TIP): ETF Research Reports

Schwab U.S. TIPS ETF (SCHP): ETF Research Reports

ProShares Bitcoin Strategy ETF (BITO): ETF Research Reports

To read this article on Zacks.com click here.

Zacks Investment Research

https://www.entrepreneur.com/article/413191

Triton International (TRTN) Dips More Than Broader Markets: What You Should Know

This story originally appeared on Zacks

Triton International (TRTN) closed at $65.59 in the latest trading session, marking a -1.78% move from the prior day. This change lagged the S&P 500’s daily loss of 1.42%. Meanwhile, the Dow lost 0.49%, and the Nasdaq, a tech-heavy index, lost 0.47%.

Heading into today, shares of the shipping container leasing company had gained 18.61% over the past month, outpacing the Transportation sector’s gain of 0.49% and the S&P 500’s gain of 0.39% in that time.

Investors will be hoping for strength from Triton International as it approaches its next earnings release. In that report, analysts expect Triton International to post earnings of $2.57 per share. This would mark year-over-year growth of 51.18%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $413.72 million, up 22.66% from the year-ago period.

Any recent changes to analyst estimates for Triton International should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Triton International is holding a Zacks Rank of #3 (Hold) right now.

Digging into valuation, Triton International currently has a Forward P/E ratio of 7.12. Its industry sports an average Forward P/E of 13.36, so we one might conclude that Triton International is trading at a discount comparatively.

Investors should also note that TRTN has a PEG ratio of 0.71 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company’s expected earnings growth rate. The Transportation – Equipment and Leasing was holding an average PEG ratio of 1.09 at yesterday’s closing price.

The Transportation – Equipment and Leasing industry is part of the Transportation sector. This group has a Zacks Industry Rank of 66, putting it in the top 26% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Want 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

Triton International Limited (TRTN): Free Stock Analysis Report

To read this article on Zacks.com click here.

https://www.entrepreneur.com/article/413180

Archer Daniels Midland (ADM) Gains As Market Dips: What You Should Know

This story originally appeared on Zacks

In the latest trading session, Archer Daniels Midland (ADM) closed at $70.90, marking a +0.68% move from the previous day. This move outpaced the S&P 500’s daily loss of 1.42%. Elsewhere, the Dow lost 0.49%, while the tech-heavy Nasdaq lost 0.47%.

Coming into today, shares of the agribusiness giant had gained 8.21% in the past month. In that same time, the Consumer Staples sector gained 4.57%, while the S&P 500 gained 0.39%.

Wall Street will be looking for positivity from Archer Daniels Midland as it approaches its next earnings report date. The company is expected to report EPS of $1.25, up 3.31% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $20.37 billion, up 13.31% from the year-ago period.

Investors should also note any recent changes to analyst estimates for Archer Daniels Midland. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.99% higher. Archer Daniels Midland is currently sporting a Zacks Rank of #3 (Hold).

In terms of valuation, Archer Daniels Midland is currently trading at a Forward P/E ratio of 15.05. This valuation marks a discount compared to its industry’s average Forward P/E of 18.68.

Investors should also note that ADM has a PEG ratio of 1.8 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. Agriculture – Operations stocks are, on average, holding a PEG ratio of 1.2 based on yesterday’s closing prices.

The Agriculture – Operations industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 215, which puts it in the bottom 16% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Want 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

Archer Daniels Midland Company (ADM): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

https://www.entrepreneur.com/article/413181

Sunrun (RUN) Dips More Than Broader Markets: What You Should Know

This story originally appeared on Zacks

Sunrun (RUN) closed the most recent trading day at $32.76, moving -1.47% from the previous trading session. This change lagged the S&P 500’s daily loss of 1.42%. Meanwhile, the Dow lost 0.49%, and the Nasdaq, a tech-heavy index, lost 0.47%.

Prior to today’s trading, shares of the solar energy products distributor had lost 7.66% over the past month. This has lagged the Oils-Energy sector’s gain of 8.29% and the S&P 500’s gain of 0.39% in that time.

Investors will be hoping for strength from Sunrun as it approaches its next earnings release. In that report, analysts expect Sunrun to post earnings of $0.10 per share. This would mark year-over-year growth of 266.67%. Meanwhile, our latest consensus estimate is calling for revenue of $398.99 million, up 24.52% from the prior-year quarter.

Investors should also note any recent changes to analyst estimates for Sunrun. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 17.81% lower. Sunrun is holding a Zacks Rank of #3 (Hold) right now.

The Solar industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 195, putting it in the bottom 24% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Want 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

Sunrun Inc. (RUN): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

https://www.entrepreneur.com/article/413185

BJ’s Wholesale Club (BJ) Gains As Market Dips: What You Should Know

This story originally appeared on Zacks

In the latest trading session, BJ’s Wholesale Club (BJ) closed at $64.88, marking a +0.43% move from the previous day. This move outpaced the S&P 500’s daily loss of 1.42%. Elsewhere, the Dow lost 0.49%, while the tech-heavy Nasdaq lost 0.47%.

Coming into today, shares of the wholesale membership warehouse operator had lost 4.72% in the past month. In that same time, the Consumer Discretionary sector lost 2.06%, while the S&P 500 gained 0.39%.

Wall Street will be looking for positivity from BJ’s Wholesale Club as it approaches its next earnings report date. The company is expected to report EPS of $0.75, up 7.14% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.39 billion, up 11.33% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.18 per share and revenue of $16.82 billion. These totals would mark changes of +2.91% and +8.99%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for BJ’s Wholesale Club. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. BJ’s Wholesale Club is holding a Zacks Rank of #1 (Strong Buy) right now.

Investors should also note BJ’s Wholesale Club’s current valuation metrics, including its Forward P/E ratio of 20.31. This valuation marks a premium compared to its industry’s average Forward P/E of 11.43.

It is also worth noting that BJ currently has a PEG ratio of 2.03. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Consumer Services – Miscellaneous industry currently had an average PEG ratio of 1.37 as of yesterday’s close.

The Consumer Services – Miscellaneous industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 105, putting it in the top 42% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Want 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

BJ’s Wholesale Club Holdings, Inc. (BJ): Free Stock Analysis Report

To read this article on Zacks.com click here.

https://www.entrepreneur.com/article/413183

Federal Realty Investment Trust (FRT) Gains As Market Dips: What You Should Know

This story originally appeared on Zacks

Federal Realty Investment Trust (FRT) closed at $135.66 in the latest trading session, marking a +0.88% move from the prior day. The stock outpaced the S&P 500’s daily loss of 1.42%. Meanwhile, the Dow lost 0.49%, and the Nasdaq, a tech-heavy index, lost 0.47%.

Heading into today, shares of the real estate investment trust had gained 4.47% over the past month, lagging the Finance sector’s gain of 5.07% and outpacing the S&P 500’s gain of 0.39% in that time.

Federal Realty Investment Trust will be looking to display strength as it nears its next earnings release. In that report, analysts expect Federal Realty Investment Trust to post earnings of $1.41 per share. This would mark year-over-year growth of 23.68%. Our most recent consensus estimate is calling for quarterly revenue of $249.15 million, up 13.5% from the year-ago period.

Investors should also note any recent changes to analyst estimates for Federal Realty Investment Trust. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.24% higher. Federal Realty Investment Trust is currently a Zacks Rank #2 (Buy).

Valuation is also important, so investors should note that Federal Realty Investment Trust has a Forward P/E ratio of 23.05 right now. Its industry sports an average Forward P/E of 16.73, so we one might conclude that Federal Realty Investment Trust is trading at a premium comparatively.

We can also see that FRT currently has a PEG ratio of 2.34. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. REIT and Equity Trust – Retail stocks are, on average, holding a PEG ratio of 2.29 based on yesterday’s closing prices.

The REIT and Equity Trust – Retail industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 52, which puts it in the top 21% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Want 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

Federal Realty Investment Trust (FRT): Free Stock Analysis Report

To read this article on Zacks.com click here.

https://www.entrepreneur.com/article/413182

VMware (VMW) Gains As Market Dips: What You Should Know

This story originally appeared on Zacks

In the latest trading session, VMware (VMW) closed at $123.40, marking a +0.41% move from the previous day. This move outpaced the S&P 500’s daily loss of 1.42%. At the same time, the Dow lost 0.49%, and the tech-heavy Nasdaq lost 0.47%.

Heading into today, shares of the cloud computing company had gained 8.48% over the past month, outpacing the Computer and Technology sector’s loss of 4.18% and the S&P 500’s gain of 0.39% in that time.

VMware will be looking to display strength as it nears its next earnings release. In that report, analysts expect VMware to post earnings of $1.97 per share. This would mark a year-over-year decline of 10.86%. Our most recent consensus estimate is calling for quarterly revenue of $3.52 billion, up 6.93% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $7.20 per share and revenue of $12.84 billion, which would represent changes of 0% and +9.12%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for VMware. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. VMware is currently sporting a Zacks Rank of #2 (Buy).

Investors should also note VMware’s current valuation metrics, including its Forward P/E ratio of 17.06. For comparison, its industry has an average Forward P/E of 40.55, which means VMware is trading at a discount to the group.

It is also worth noting that VMW currently has a PEG ratio of 1.35. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Computer – Software was holding an average PEG ratio of 2.89 at yesterday’s closing price.

The Computer – Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 95, which puts it in the top 38% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow VMW in the coming trading sessions, be sure to utilize Zacks.com.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Want 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

VMware, Inc. (VMW): Free Stock Analysis Report

To read this article on Zacks.com click here.

https://www.entrepreneur.com/article/413184

Cirrus Logic (CRUS) Stock Moves -0.93%: What You Should Know

This story originally appeared on Zacks

In the latest trading session, Cirrus Logic (CRUS) closed at $92.61, marking a -0.93% move from the previous day. This move was narrower than the S&P 500’s daily loss of 1.42%. At the same time, the Dow lost 0.49%, and the tech-heavy Nasdaq lost 0.47%.

Heading into today, shares of the chipmaker had gained 1.5% over the past month, outpacing the Computer and Technology sector’s loss of 4.18% and the S&P 500’s gain of 0.39% in that time.

Cirrus Logic will be looking to display strength as it nears its next earnings release, which is expected to be January 31, 2022. In that report, analysts expect Cirrus Logic to post earnings of $2.15 per share. This would mark year-over-year growth of 0.94%. Our most recent consensus estimate is calling for quarterly revenue of $511.13 million, up 5.21% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $5.37 per share and revenue of $1.6 billion, which would represent changes of +17.25% and +16.82%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for Cirrus Logic. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.09% higher. Cirrus Logic is currently sporting a Zacks Rank of #2 (Buy).

Investors should also note Cirrus Logic’s current valuation metrics, including its Forward P/E ratio of 17.4. For comparison, its industry has an average Forward P/E of 22.41, which means Cirrus Logic is trading at a discount to the group.

It is also worth noting that CRUS currently has a PEG ratio of 1.86. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Electronics – Semiconductors was holding an average PEG ratio of 1.66 at yesterday’s closing price.

The Electronics – Semiconductors industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 97, which puts it in the top 39% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow CRUS in the coming trading sessions, be sure to utilize Zacks.com.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Want 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

Cirrus Logic, Inc. (CRUS): Free Stock Analysis Report

To read this article on Zacks.com click here.

https://www.entrepreneur.com/article/413186

A.O. Smith (AOS) Stock Moves -1.24%: What You Should Know

This story originally appeared on Zacks

A.O. Smith (AOS) closed at $82.94 in the latest trading session, marking a -1.24% move from the prior day. This change was narrower than the S&P 500’s daily loss of 1.42%. At the same time, the Dow lost 0.49%, and the tech-heavy Nasdaq lost 0.47%.

Prior to today’s trading, shares of the maker of water heaters and boilers had gained 0.37% over the past month. This has outpaced the Industrial Products sector’s gain of 0.21% and lagged the S&P 500’s gain of 0.39% in that time.

Investors will be hoping for strength from A.O. Smith as it approaches its next earnings release, which is expected to be January 27, 2022. The company is expected to report EPS of $0.77, up 4.05% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $965.74 million, up 15.73% from the prior-year quarter.

Investors might also notice recent changes to analyst estimates for A.O. Smith. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.45% lower within the past month. A.O. Smith currently has a Zacks Rank of #4 (Sell).

In terms of valuation, A.O. Smith is currently trading at a Forward P/E ratio of 23.89. For comparison, its industry has an average Forward P/E of 23.89, which means A.O. Smith is trading at a no noticeable deviation to the group.

Investors should also note that AOS has a PEG ratio of 2.65 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. AOS’s industry had an average PEG ratio of 2.05 as of yesterday’s close.

The Manufacturing – Electronics industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 105, which puts it in the top 42% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Want 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

A. O. Smith Corporation (AOS): Free Stock Analysis Report

To read this article on Zacks.com click here.

https://www.entrepreneur.com/article/413188