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Yahoo
an hour ago
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5 Names With Relative Price Strength to Ride the Rally Now
Wall Street extended its winning streak as upbeat trade news and solid economic data fueled investor confidence. The S&P 500 hit another record high after the United States and Japan struck a major trade deal, lowering tariffs and unlocking $550 billion in new investments. Retail sales rose more than expected in June, while jobless claims fell, reflecting a strong labor market and steady consumer spending despite ongoing tariff trade negotiations progressing — including deals with the U.K., Indonesia, and the Philippines, and positive signals from China and the EU — the backdrop for equities remains encouraging. The earnings season is also adding momentum. In this environment, focusing on relative price strength makes sense. It helps investors spot the stocks leading the market higher — an effective strategy when optimism is building and strong names are pulling this stage, investors would be wise to consider stocks such as Western Digital Corporation WDC, Flowserve Corporation FLS, OPENLANE, Inc. KAR, AngloGold Ashanti plc AU and Jabil Inc. JBL based on their relative price strength. Relative Price Strength Strategy Earnings growth and valuation multiples are indeed important for investors to determine a stock's ability to offer considerable returns. However, these are also essential for determining whether a stock's price performance is better than its peers or the industry a stock's performance is lacking that of the broader groups, despite impressive earnings growth or valuation multiples, then something must be always advisable to stay away from these stocks and bet on those that are outperforming their respective industry or benchmark. This is because betting on a winner always proves to be again, it is imperative that you determine whether or not an investment has relevant upside potential when considering stocks with significant relative price strength. Stocks delivering better than the S&P 500 for 1 to 3 months, at least, and having solid fundamentals, indicate room for growth and are the best ways to go about this it is crucial to find out whether analysts are optimistic about the upcoming earnings of these companies. In order to do this, we have added positive estimate revisions for the current quarter's (Q1) earnings to our screen. When a stock undergoes an upward revision, it leads to additional price gains. Screening Parameters Relative % Price change – 12 weeks greater than 0Relative % Price change – 4 weeks greater than 0Relative % Price change – 1 week greater than 0(We have considered those stocks that have been outperforming the S&P 500 over the last 12 weeks, four weeks and one week.)% Change (Q1) Est. over 4 Weeks greater than 0: Positive current-quarter estimate revisions over the last four Rank equal to 1: Only Zacks Rank #1 (Strong Buy) stocks — that have returned more than 26% annually over the last 26 years and surpassed the S&P 500 in 23 of the last 26 years — can get through. You can see the complete list of today's Zacks #1 Rank stocks Price greater than or equal to $5 and Average 20-day Volume greater than or equal to 50,000: A minimum price of $5 is a good standard to screen low-priced stocks, while a high trading volume would imply adequate Score less than or equal to B: Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), offer the best upside are five of the 10 stocks that made it through the screen:Western Digital: Based in San Jose, CA, Western Digital is a leading developer and manufacturer of data storage devices and solutions based on NAND flash and hard disk drive technologies. The company has a market capitalization of $23.4 billion. Western Digital has a VGM Score of Zacks Consensus Estimate for the company's fiscal 2025 earnings per share indicates 2,465% year-over-year growth. Western Digital beat the Zacks Consensus Estimate for earnings in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 7.3%, on average. The firm's shares are up 4% in a Based in Irving, TX, is a leading manufacturer and aftermarket service provider of comprehensive flow control systems globally. Flowserve's expected EPS growth rate for three to five years is currently 14.2%, which compares favorably with the industry's growth rate of 10.3%. The company has a VGM Score of Zacks Consensus Estimate for Flowserve's 2025 earnings per share indicates 22.1% year-over-year growth. Over the past 60 days, the Zacks Consensus Estimate for its 2025 earnings has moved up from $3.19 per share to $3.21. FLS shares have gained 10% in a Based in Carmel, IN, OPENLANE provides sellers and buyers across the wholesale used vehicle industry with technology-driven remarketing solutions. The company has a market capitalization of $2.7 billion. OPENLANE has a VGM Score of A. The Zacks Consensus Estimate for the company's 2025 earnings per share indicates 17.7% year-over-year growth. OPENLANE beat the Zacks Consensus Estimate for earnings in two of the last four quarters, met in one and missed in the other. It has a trailing four-quarter earnings surprise of roughly 12%, on average. The firm's shares are up 44% in a year. AngloGold Ashanti: It is a Colorado-headquartered gold mining company. AngloGold Ashanti has a market capitalization of $21.8 billion. The company has a VGM Score of Zacks Consensus Estimate for AngloGold Ashanti's 2025 earnings per share indicates 125.8% year-over-year growth. Over the past 60 days, the Zacks Consensus Estimate for its 2025 earnings has moved up 15.8%. AU shares have gained 89% in a Based in Saint Petersburg, FL, it is one of the largest global suppliers of electronic manufacturing services. Jabil's expected EPS growth rate for three to five years is currently 16.6%, which compares favorably with the industry's growth rate of 14.8%. The company has a VGM Score of Zacks Consensus Estimate for Jabil's fiscal 2025 earnings per share indicates 10.6% year-over-year growth. Over the past 60 days, the Zacks Consensus Estimate for its fiscal 2025 earnings has moved up 5.2%. JBL shares have surged 108% in a year. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: 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 Western Digital Corporation (WDC) : Free Stock Analysis Report Flowserve Corporation (FLS) : Free Stock Analysis Report Jabil, Inc. (JBL) : Free Stock Analysis Report AngloGold Ashanti PLC (AU) : Free Stock Analysis Report OPENLANE, Inc. (KAR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Business
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Statistics Canada reports May retail sales down 1.1 per cent at $69.2 billion
OTTAWA — Statistics Canada says retail sales decreased 1.1 per cent to $69.2 billion in May, driven by sales declines at motor vehicle and parts dealers. However, the agency says its preliminary figures for June point to an increase of 1.6 per cent for that month. For May, three of nine subsectors were down as sales at motor vehicle and parts dealers decreased 3.6 per cent, led by 4.6 per cent lower sales at new car dealers. Core retail sales, which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers, were relatively unchanged in May. The only subsector within core retail sales to post a decline was food and beverage retailers, down 1.2 per cent, led by lower sales at beer, wine and liquor retailers, along with supermarkets and other grocery retailers. Building material and garden equipment and supplies dealers rose 1.9 per cent. In volume terms, overall retail sales decreased 1.4 per cent in May. This report by The Canadian Press was first published July 24, 2025. The Canadian Press Sign in to access your portfolio
Fox News
6 hours ago
- Business
- Fox News
Good economic data is bad news for Trump's interest rate push
Recent economic data has been very solid. Consumers have shown continued resiliency, boosting retail sales up 0.6% for the month of June. The labor market remains solid. And while the stock market isn't the economy per se, key market indices, including the broader-based S&P 500, continue to hit all-time highs. Normally, this would be very good news for a president's economic agenda. But given America's current fiscal situation, it is hindering one of President Donald Trump's main focal points – the hope that the Fed will substantially lower its target interest rates. The American fiscal situation is a precarious one, which has brought about several debt downgrades from the rating agencies, the last being in May, while U.S. debt is supposed to be the "safe haven" investment for the global financial system. The U.S. debt/GDP ratio is about double what most entities believe is a manageable and sustainable ceiling. Our deficit as a percentage of GDP is at wartime or deep recession levels, without the U.S. being at war or in a recession. And with such a heavy and growing debt load, now at $37 trillion, the interest cost on that debt is around $1 trillion, which is more than we spend on defense. Having debt financing costs exceed defense spending is not a signal of a healthy country. President Trump and his administration are rightfully focused on the excessive current interest cost on our debt. And, with more than $9 trillion in debt that has or needs to be refinanced this year, plus another couple trillion from new deficit spending, the cost of debt financing matters. The higher the interest rates on Treasury debt, the higher the cost of financing and refinancing. That leads to higher deficits, and all else being equal, even higher interest rates as more debt needs to be financed. Wash, rinse and repeat and debt costs and deficits will keep going higher. So, it is understandable that the president wants lower interest rates – even back to 1% or lower as he has recently mentioned. However, there are several challenges with that. Back to where we started, strong economic data and all-time highs in the market do not signal that interest rates are holding back economic activity. This makes it harder for Fed Chairman Jerome Powell and the Federal Open Market Committee (FOMC) to justify rate cuts given their own mandate, although not impossible as their actions are often headscratchers. It's also somewhat of a moot point, because the Fed's target rates directly impact what's called the short-end of the yield curve (aka short-dated securities like 1-month T-Bills, as an example). For the U.S. to term out its debt (refinance short-dated securities for a longer amount of time, like 10 years), the relevant yield is that of the longer-dated securities. While sometimes the Fed's rate has an indirect impact on those longer-dated securities, in recent times, it has not. In fact, we saw after the Fed rate cuts in the fall of 2024 that yields on 10-year Treasurys increased instead of decreased. There's no guarantee that further cuts would have the desired effects, and could have other consequences, like re-stoking inflation. For longer dated securities, the market sets the pricing, and supply and demand is front and center. It used to be that global central banks consistently increased their buying of U.S. Treasurys, but over the past decade or so, they have actually been net sellers, as countries around the world have been hurt by the mismanagement of the U.S. dollar as the world's reserve currency and are looking for ways to decrease their dependence upon it. So, today's Treasury buyers are those focused on price, and with recent debt downgrades and concerns about the U.S.'s fiscal foundation, they are demanding more of a premium to hold U.S. debt for longer periods of time. With the U.S. continuing to run large deficits, adding more supply to this price-sensitive demand, all else equal, only drives up the yields and U.S. debt financing costs. So, fiscal policy – which is managed by Congress, not the Fed's monetary policy – is what's most critical today. The Trump administration is currently looking at other ways to bring the interest rates down, impacting the demand side for Treasury. The recently signed GENIUS Act may provide one avenue. Treasury Secretary Scott Bessent has said, "Recent reporting projects that stablecoins could grow into a $3.7 trillion market by the end of the decade. That scenario becomes more likely with passage of the GENIUS Act. A thriving stablecoin ecosystem will drive demand from the private sector for U.S. Treasuries, which back stablecoins." This, if it comes to fruition, may help lower rates, although again, it may only increase demand for shorter duration Treasury securities. There are a slew of other tools and opportunities that are likely forthcoming that can create other avenues of demand for Treasurys and help lower yields. The tools available to the administration may be effective and lower rates, maybe even to the extremely low levels desired by the president. But it will only be a temporary solution if our deficits and debt problems aren't addressed. Furthermore, it may come with the cost of more inflation, as accommodative policies don't happen in a vacuum and have economic consequences. Powell and the Fed may not be willing to give on interest rates – at least at the levels the president is seeking – if economic data remains strong. President Trump will have other options, but they are only bandages. We will not a have a permanent solution until a concerted effort is made to fix our debt and deficits.
Yahoo
a day ago
- Business
- Yahoo
New Slotozilla Tool Helps Americans Find the Most Affordable Cities to Live Based on Their Income
PHILADELPHIA, July 23, 2025 /PRNewswire/ -- With housing costs rising by over 6% nationwide in 2024 and rent prices in major cities exceeding $2,000/month, Americans are feeling the financial squeeze. In response, Slotozilla has launched a groundbreaking interactive analytical tool designed to help users identify where they can afford to live—based on their actual income and lifestyle needs. The new tool, available now at Slotozilla, provides personalized insights on city affordability using real-time economic data, and is already drawing attention for its usability, accuracy, and relevance in today's cost-conscious climate. Understanding the Purpose: Why This Tool Matters In today's economic climate, affordability has become a top concern for millions of Americans. The cost of rent, food, transportation, and other essentials varies drastically from city to city. Until now, most calculators have failed to reflect the personal reality of individuals' income and expenses. The new Slotozilla tool changes that. PurposeTo give people a clear, personalized view of which U.S. cities offer the best value for their income—based on the latest data from 2024 and 2025. What You'll Learn or Do: Discover which cities fit your budget Compare living costs and average rent by income level Make informed relocation or budgeting decisions What the Tool Does: Features and Benefits The tool evaluates affordability by factoring in: Your current income Average monthly rent City-wide cost-of-living index Users simply enter their income to get: A ranked list of U.S. cities, from most to least affordable Interactive maps and graphs that visualize cost differences Data that reveals where you'll get the most for your money Key Insights You Can Use Slotozilla's analysis of 2024-2025 data reveals some compelling findings: Affordable hotspots for under $50,000/year incomes include: Knoxville, TN Des Moines, IA Fort Wayne, IN High-income havens (over $120,000/year) where quality of life is worth the price: Denver, CO Seattle, WA Austin, TX Hidden gems: Cities like Chattanooga, TN, and Boise, ID, offer strong affordability for middle-income earners working remotely. Most people rely on guesswork or outdated assumptions when deciding where to live. "Our tool uses real, updated economic data to give people clarity—and potentially save them thousands of dollars each year." Designed for Everyone: From Young Professionals to Retirees Whether you're: A college graduate looking to relocate A family exploring better living conditions A retiree trying to maximize your savings A remote worker wanting more value from your paycheck This tool provides real, actionable insight tailored to your situation. And it's not just for planning a move-users can also compare their current city's affordability to others, helping them make better financial decisions without packing a single box. Why This Matters Now With more people working remotely and rethinking where they live, affordability is now a top factor in relocation decisions. Whether you're a recent college grad, a family of four, or a retiree, this tool equips you to: Compare your income against living expenses nationwide Find budget-friendly cities that still match your lifestyle Plan a move that makes financial sense in 2025 and beyond Top 5 Most Affordable States (for users at typical income levels) State Cost of living(Annual) Avg. Rent (1-bed/month) Avg. Salary/Year Food Cost/year Mississippi $32,336 $1,095 $47,569.60 $3,812 Arkansas $32,979 $1,008 $51,251.20 $3,745 Alabama $33,654 $1,062 $53,393.60 $3,785 Oklahoma $33,966 $1,071 $53,456.00 $3,683 New Mexico $34,501 $1,264 $57,512.00 $4,531 Try It Today The tool is free to use, mobile-friendly, and updated with the latest U.S. economic data. Visit: Whether you're job hunting, retiring, or just curious, Slotozilla's affordability finder helps you make smart, informed choices about where to call home. Media Contact:Tim Clineinfo@ 267 800 0083 Photo(s): Press release distributed by PRLog View original content: SOURCE
Yahoo
2 days ago
- Business
- Yahoo
UK equities mixed as investors assess corporate earnings, await key data
By Sukriti Gupta (Reuters) -London's main stock indexes were mixed on Tuesday as investors parsed a spate of corporate earnings, and awaited the release of key economic data this week. The benchmark FTSE 100 was flat by 0944 GMT, after registering a record closing high on Monday. The domestically oriented midcap FTSE 250 lost 0.4%. Industrial miners rose 1.1%, tracking a rise in copper prices, buoyed by hopes for firmer Chinese demand. Glencore gained 2.2%, while Rio Tinto rose 1.1%. [MET/L] Homebuilders and household goods stocks led sectoral losses, falling 1.6%. Vistry down 2.7%. Data showed Britain borrowed more than expected in June as a jump in inflation pushed up the government's debt costs. In company news, British food catering firm Compass Group rose 6.1% to the top of the blue-chip index, after it agreed to buy European premium food services business Vermaat Groep for about 1.5 billion euros ($1.75 billion), including debt and also raised its annual profit forecast. Energy firm Centrica surged 3.9% after Britain approved the 38 billion pound ($51 billion) Sizewell C nuclear plant in eastern England. The company holds a 15% stake in the project. Greencore jumped 10.5%, to top the FTSE mid-cap index, after the convenience food manufacturer raised its annual profit expectations. Kier Group fell 5.1%, to the bottom of the mid-cap index, after the British infrastructure and construction group said that its CEO Andrew Davies would be stepping down, and named insider Stuart Togwell as his successor, effective November 1, 2025. Meanwhile, AstraZeneca on Monday said it plans to invest $50 billion in the U.S. to expand manufacturing and research capabilities as it reacts to White House trade policy. On the radar this week are UK flash Purchasing Managers' Index for July and June retail sales data. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
