The Zacks Analyst Blog Highlights: Navios Maritime
For Immediate Release
(cleaned , no other stocks)
Chicago, IL – July 13, 2016 – 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 Navios Maritime Holdings Inc. (NM).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Tuesday’s Analyst Blog:
4 Attractive Transportation Stocks with Great Momentum
Momentum investing essentially draws on basic human sentiment and preference for a stock and its potential to deliver higher returns. Contrary to value stocks, momentum stocks are attractive picks due to the market buzz surrounding them.
The development driving the stock can range from news, events or just general investor preference for the stock. Momentum stock investors are usually in the game for short-term returns driven by favorable movement in the stock price and possibilities of a further rise in the days ahead. Mixed Markets Currently, lot of value stocks have been drawing mixed views from analysts. Also, there is lack of clarity about the direction the markets are headed toward. Meanwhile, the uncertainties prevailing since Brexit will ease out atleast on the political front with Theresa May expected to be the new Prime Minister. May is expected to ensure that U.K. has a smooth exit from the European Union.
Meanwhile, in the U.S., second-quarter earnings are starting to trickle in. Projection for the second quarter earnings is bleak with earning expected to decline by 6.2%. U.S report for the number of jobs added in June has been favorable. However, the Fed’s stance on interest rates though, is expected to remain cautious going forward.
Additionally, the performance of emerging markets remains unclear while currency fluctuations and low oil prices continue to spook markets. Thus, in such a scenario, momentum stocks can make safer bets compared to value investments. 4 Compelling Momentum Picks Our strategy of picking these stocks is based on two fundamentals – Momentum Style Score and Zacks Rank in addition to the Zacks Rank. Stocks with a Momentum Style Score of 'A' or 'B,' when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have good prospects.
Navios Maritime Holdings Inc. (NM) is headquartered in Greece and provides transport and transshipment of dry bulk commodities. The company holds a Zacks Rank #1 coupled with a Momentum Score of A. The company has seen an 8.05% price increase in the past one week which makes it an attractive investment option.
