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Updated: 25 min 2 sec ago

POLL-Japan firms see capex rebound in FY2021 despite COVID hit

4 hours 16 min ago
Almost three quarters of Japanese firms expect to keep capital spending steady or raise it in the coming business year from the fiscal year ending in March, a Reuters monthly survey showed, despite broader uncertainty over the coronavirus resurgence.
Categories: Farm & Ranch News

Is Smith & Wesson Brands, Inc. (SWBI) Stock Undervalued Right Now? (Revised)

4 hours 37 min ago
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, gro
Categories: Farm & Ranch News

Making A List Of Tech Stocks To Buy In January? 3 Names To Watch

5 hours 16 min ago
Are These Top Tech Stocks On Your Watchlist This Week?Tech stocks have no doubt played a pivotal role in shaping the stock market in recent years. These stocks have shown a resilience that not many industries can match. In fact, the Nasdaq Composite has shown one of its best year
Categories: Farm & Ranch News

3 Biotech Stocks To Watch This Week

6 hours 58 min ago
Looking For The Best Biotech Stocks To Watch? 3 To ConsiderBiotech stocks have been and still are on a tear in the stock market now. The industry as a whole is currently under the microscope of many investors. Obviously, this is due to the coronavirus pandemic that continues to p
Categories: Farm & Ranch News

Quest Diagnostics Wins Covid-19 Contract With US Health Agency

8 hours 31 min ago

Quest Diagnostics has inked an agreement with the US Centers for Disease Control and Prevention (CDC) to provide genomic sequencing to identify new mutations and patterns of transmission of SARS-CoV-2, the virus that causes COVID-19.

Quest (DGX) didn’t disclose the financial terms of the collaboration. As part of the agreement, the diagnostics company will help CDC in conducting a large-scale longitudinal genomic survey of the SARS-CoV-2 virus using a random set of samples collected from its labs across the US. Quest will conduct the sequencing from its advanced diagnostics laboratory in San Juan Capistrano, California.

The collaboration comes as highly transmissible variants of the SARS-CoV-2 virus first discovered in the UK and South Africa have been identified in the US.

“Public and private collaboration is essential to mobilizing an effective response to COVID-19," said Quest Chief Medical Officer Jay G. Wohlgemuth. "Quest has the expertise in genomics and infectious diseases, as well as extensive COVID-19 testing data and access to patient samples.  Our program will complement and extend the efforts of the CDC to discover and track new virus mutations and thereby improve public health response to the pandemic."

The CDC's survey aims to provide baseline information for national and state-level surveillance, help define changes in transmission, identify new variants of the virus, and improve the public health response to the virus.

Quest shares have gained 16% over the past year and looking ahead, the average analyst price target of $137.83 implies 11% upside potential in the coming 12 months.

Last month, Morgan Stanley analyst Ricky Goldwasser downgraded the stock to Hold from Buy and slashed the price target to $130 from $146.

Goldwasser expects earnings to decline in 2022 and as a result the analyst believes the stock is bound to underperform. For 2021 though, Street estimates are too low as the market is underestimating the near-term benefit from PCR testing, according to Goldwasser.

The rest of the Street is cautiously optimistic outlook on the stock. The Moderate Buy consensus is based on 5 Buys versus 3 Holds. (See Quest Diagnostics stock analysis on TipRanks). 

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3 Reasons Why RPM International (RPM) Is a Great Growth Stock

9 hours 31 min ago
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.
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Looking for a Growth Stock? 3 Reasons Why Omnicell (OMCL) is a Solid Choice

9 hours 31 min ago
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
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3 Reasons Why Growth Investors Shouldn't Overlook Globant (GLOB)

9 hours 31 min ago
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
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Is Amer Movil (AMX) a Solid Growth Stock? 3 Reasons to Think " Yes "

9 hours 31 min ago
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.
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ANALYSIS-Ultra long bonds are back in force as rock-bottom rates create sweet spot

10 hours 4 min ago
More governments are selling bonds that mature in 30, 50 and even 100 years' time, capitalising on rock-bottom borrowing costs and a willingness among investors to look past risks for the sake of slightly higher yields.
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Why Shopify (SHOP) is Poised to Beat Earnings Estimates Again

10 hours 6 min ago
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Shopify (SHOP). This company, which is in the Zacks Internet - Services industry, shows potentia
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Will SolarEdge (SEDG) Beat Estimates Again in Its Next Earnings Report?

10 hours 6 min ago
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering SolarEdge Technologies (SEDG), which belongs to the Zacks Solar industry.
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Why Leidos (LDOS) is Poised to Beat Earnings Estimates Again

10 hours 6 min ago
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Leidos (LDOS), which belongs to the Zacks Aerospace - Defense industry.
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Will Eaton (ETN) Beat Estimates Again in Its Next Earnings Report?

10 hours 6 min ago
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Eaton (ETN), which belongs to the Zacks Manufacturing - Electronics industry.
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Why Catalent (CTLT) is Poised to Beat Earnings Estimates Again

10 hours 6 min ago
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Catalent (CTLT), which belongs to the Zacks Medical - Drugs industry.
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Will Carrier Global (CARR) Beat Estimates Again in Its Next Earnings Report?

10 hours 6 min ago
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Carrier Global (CARR). This company, which is in the Zacks Electronics - Miscellaneous Products
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Will Arrow Electronics (ARW) Beat Estimates Again in Its Next Earnings Report?

10 hours 6 min ago
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Arrow Electronics (ARW). This company, which is in the Zacks Electronics - Parts Distribution in
Categories: Farm & Ranch News

Will Enphase Energy (ENPH) Beat Estimates Again in Its Next Earnings Report?

10 hours 6 min ago
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Enphase Energy (ENPH), which belongs to the Zacks Solar industry.
Categories: Farm & Ranch News

Why Amazon (AMZN) is Poised to Beat Earnings Estimates Again

10 hours 6 min ago
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Amazon (AMZN). This company, which is in the Zacks Internet - Commerce industry, shows potential
Categories: Farm & Ranch News

Why Aflac (AFL) is Poised to Beat Earnings Estimates Again

10 hours 6 min ago
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Aflac (AFL). This company, which is in the Zacks Insurance - Accident and Health industry, shows
Categories: Farm & Ranch News

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