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Top Stock Picks for Week of June 3, 2019

Panel Of Zacks Experts

Acuity Brands, Inc. AYI, is one of the world's leading providers of lighting and building management solutions. This lighting maker has an established record of topping earnings estimates. Estimates have been trending higher. Acuity Brands has outperformed the industry year to date. Its leading market position, diversified portfolio of innovative lighting control solutions and energy-efficient luminaries are substantial growth drivers. Notably, its overall growth rate and adjusted gross profit margin grew sequentially in the last reported quarter, given solid price increases and other cost-saving actions.

Match Group, Inc. MTCH, offers subscription-based online dating websites and applications services. The company is considered to have pioneered the concept of online dating, which is why it enjoys a first mover’s advantage in this market. The company's increase in its average subscriber base, driven primarily by solid contribution from its Tinder brand is a key catalyst.  Match Group has been reaping profits for the past three years and recording top-line expansion as well. Notably, shares of the company have outperformed the industry in the past year. Within the past quarter, the Zacks Consensus Estimate for MTCH's full-year earnings has moved higher by double digits. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. 

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Match Group, Inc. (MTCH) : Free Stock Analysis Report
 
Acuity Brands Inc (AYI) : Free Stock Analysis Report
 
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