In a fitting tribute to what was a hesitant week of trading, stocks closed lower on Friday amid uncertainty over the outcome of this weekend’s French elections and concerns in South Korea related to the North’s military celebration next week.
On top of that, it was a mixed week for earnings reports, with big names like Netflix NFLX and Goldman Sachs GS disappointing investors, while others like Morgan Stanley MS and Visa V posted solid results.
Zacks Rank #1 (Strong Buy) Top Movers
Value: Changyou.com CYOU – +8.79%
Growth: PC-Tel, Inc. PCTI – +9.33%
Momentum: Sumco Corp. SUOPY – +5.32%
VGM: CYOU
Income: PCTI
Major Indexes
DOW: 20,554.23 / -24.48 / -0.12%
NASDAQ: 5,910.49 / -6.29 / -0.11%
S&P 500: 2,350.52 / -5.32 / -0.23%
Top Headlines
Bill O’Reilly, Bank Stocks, UAL’s Apology, and the Future of Netflix
http://ift.tt/2pNkLDZOn today’s episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest stories, including Fox’s FOXA decision to fire Bill O’Reilly, a wave of Q2 earnings reports, and what’s in store for Netflix in the future.
3 ETFs to Watch Ahead of This Weekend’s French Elections
As if Brexit didn’t already cause enough volatility in Europe, voters in France will head to the polls on Sunday for another election that promises to have serious implications throughout the continent—and the world.
3 Mobile Payment Stocks to Buy Now
The mobile payments industry is quickly changing, and investors have taken notice. With this in mind, check out these three mobile payment technology stocks that show promise in this expanding industry.
Zacks’ 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks’ radar. Can you imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
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
Netflix, Inc. (NFLX): Free Stock Analysis Report
Changyou.com Limited (CYOU): Free Stock Analysis Report
PC-Tel, Inc. (PCTI): Free Stock Analysis Report
Morgan Stanley (MS): Free Stock Analysis Report
Goldman Sachs Group, Inc. (The) (GS): Free Stock Analysis Report
Twenty-First Century Fox, Inc. (FOXA): Free Stock Analysis Report
Visa Inc. (V): Free Stock Analysis Report
SUMCO CORP ADR (SUOPY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
April 22, 2017 at 03:10AM
from Ryan McQueeney
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