U.S. Markets closed

The Zacks Analyst Blog Highlights: Garmin, Tessco Technologies and Intel

Zacks Equity Research
UGI (UGI) delivered earnings and revenue surprises of 325.00% and 4.93%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

For Immediate Release

Chicago, IL – November 22, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Garmin Ltd. GRMN, Tessco Technologies Inc. TESS and Intel Corporation INTC.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Tuesday’s Analyst Blog:

3 Tech Stocks for Dividend Investors to Buy Now

It has been no secret that the technology sector has been at the forefront of the market’s strong bull run. However, this might mean that income investors—those focused on finding companies with solid dividends—might be feeling left out, as tech stocks aren’t really known for their payouts.

Finding a strong dividend-yielding tech stock might feel like searching for a golden goose, but investors shouldn’t feel too intimidated. In fact, dividend-focused investors can search for the best tech stocks by using the Zacks Stock Screener, the perfect one-stop screening tool for investors of all kinds.

By limiting our search to companies in our “Computer and Technology” sector with Zacks Rank #2 (Buy) or better rankings, we can ensure that we are finding the highest quality stocks to buy right now. Throw in your preferred dividend yield and voila—the best tech stocks for dividend investors to target!

Check out three of these stocks to buy now:

1.       Garmin Ltd.

Garmin is a designer of GPS navigation and wearable technology equipment. The stock is currently a Zacks Rank #2 (Buy) and sports “B” grades for Value and Momentum in our Style Scores system. The company isn’t a particularly exciting growth story, but our consensus estimates are calling for sales and earnings to improve in the current and upcoming fiscal years. What’s more, Garmin has met or surpassed earnings estimates in eight consecutive quarters. On top of this, Garmin offers an impressive 3.32% dividend.

2.       Tessco Technologies Inc.

Tessco Technologies manufactures and distributes wireless communication solutions, including antennas and products designed for use in the Internet of Things. After crushing earnings estimates by more than 100% last quarter, Tessco has witnessed positive estimate revision activity and earned a Zacks Rank #1 (Strong Buy). Value investors will also note that the stock’s P/S ratio of 0.24 and P/B ratio of 1.21 compare favorably to its industry peers. But we are here for the dividend investors, so it should be noted that Tessco is offering a dividend of 5.13%, giving it one of the higher yields in this space.

3.       Intel Corporation

As a leader in the global semiconductor industry, Intel is at the forefront of nearly every emerging trend in the consumer and commercial electronics markets. Intel is currently sporting a Zacks Rank #1 (Strong Buy), as well as an “A” grade for Momentum. Investors will also note that the company’s P/E ratio of 13.73 makes it significantly “cheaper” than the sector’s average. Intel is also generating an impressive $4.44 in cash per share right now. This financial stability allows the company to reward its shareholders with a respectable 2.44% dividend.

Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

Zacks' Hidden Trades

While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?

Starting today, and for the next month, you can follow all Zacks’ private buys and sells in real time. Our experts cover all kinds of trades: value, momentum, ETFs, stocks under $10, stocks that corporate insiders are buying up, and companies that are about to report positive earnings surprises. You can even look inside portfolios so exclusive that they are normally closed to new investors.

Click here for Zacks' secret trade>>

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339



Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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
TESSCO Technologies Incorporated (TESS) : Free Stock Analysis Report
Garmin Ltd. (GRMN) : Free Stock Analysis Report
Intel Corporation (INTC) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research