You can see the complete list of today’s Zacks #1 Rank stocks here. MED delivered average positive earnings surprise of 9.1% in the trailing four quarters and has a Zacks Rank #2 (Buy). CHEF has a long-term earnings growth rate of 15% and a Zacks Rank #2. Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021.
The Dallas-headquartered company – owner of brands such as Tuscan, Dairy Pure and Tru Moo – has started the review to enhance shareholder value and accelerate its “business transformation”.
It has not set a timetable for the conclusion of the review, nor has it made any decisions related to any potential strategic alternatives at this time, adding that “there can be no assurance that the strategic exploration review will result in a transaction or other strategic change or outcome”.
Divestitures of underperforming and non-core assets are expected to reshape this Zacks Rank #3 (Hold) company’s portfolio and improve operational efficiency.
Price Performance In the past three months, shares of Newell have lost 4.4% against the industry’s 6% growth.3 Stocks to Watch Celsius Holdings, Inc.
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Dean Foods is exploring strategic alternatives that could include the sale of assets, the formation of a joint venture, going private with a buyer, or an outright sale of the company.