For Immediate Release
Chicago, IL – December 12, 2019 – Zacks Market Edge is a podcast hosted weekly by cks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
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How to Pick Stocks in 2020
Welcome to Episode #205 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
This week, Tracey is joined by Sheraz Mian, Zacks Director of Research, to talk about how to pick stocks in 2020.
Experts are saying that stock picking is dead. It’s easier, after all, to simply buy an index fund and that’s it.
But Sheraz, who is the editor of the Zacks Top 10 Stocks portfolio, which launches with new stocks every January, believes that individual stock pickers can still be successful.
How to Find Top Stocks
Sheraz starts his search every year by using the Zacks Ranks of #1 (Strong Buy), #2 (Buy) and #3 (Hold) to narrow down the universe of stocks.
Then he takes a deep dive into the fundamentals, especially how the companies fit into his larger theme of that year whether it is AI, biotech innovations, data analytics, payment and financial innovation, transportation inventions etc.
Usually 25 to 30 companies make the cut. In 2018, Shopify SHOP made it to that stage of the process but didn’t make it onto the final list. Why not?
Here are 4 others that did finally make it onto the 2019 list.
Stocks That Made the Cut in 2019
1. Generac GNRC is the best performer in the 2019 portfolio. The shares are up 97% year-to-date as consumers have been buying back up generators as climate change has played havoc with electricity reliability in several states. This year, the company has been posting record quarterly results.
2. Ubiquiti Inc. UI has had a volatile year but has still managed to gain 93% year-to-date. Shares saw a big spike after the last earnings report. It trades with a forward P/E of 33.
3. Aptar Group ATR was added to the Top 10 portfolio in October 2019. The company makes containers for the beauty, drug and food and beverage industries. Shares are up 24% year-to-date. It trades with a forward P/E of 28.6.
4. Omega Healthcare OHI falls into one of the long-term investing themes of the aging Baby Boomers. Omega is a REIT which specializes in senior care. It pays a dividend, currently yielding 6.4%.
What else should you know about how to pick stocks for 2020?
Listen to this week’s podcast to find out.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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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.
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Shopify Inc. (SHOP) : Free Stock Analysis Report
AptarGroup, Inc. (ATR) : Free Stock Analysis Report
Generac Holdlings Inc. (GNRC) : Free Stock Analysis Report
Omega Healthcare Investors, Inc. (OHI) : Free Stock Analysis Report
Ubiquiti Inc. (UI) : Free Stock Analysis Report
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