Performance

Performance

Zacks research consistently achieves top results and is regularly honored for our performance in industry awards from Investars and Integrity Research. To see details of the professional honors Zacks research has earned, visit go.zackspro.com/awards

ZACKS RANK AND RECOMMENDATION UPDATED: 2024-12-02 04:06

Zacks Rank Performance and Featured Stocks

Shares of Coastal Financial Corporation (Ticker: CCB) and Carnival Corporation & plc (Ticker: CCL) have gained +46.84% and +41.12% (versus the S&P 500’s +5.9% increase), respectively, since they were upgraded to Zacks Rank #2 (Buy) and #1 (Strong Buy) on October 2nd.

Zacks Rank, our short-term rating system, has earnings estimate revisions at its core. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

A hypothetical portfolio of Zacks Rank # 1 (Strong Buy) stocks returned +14% in the year-to-date period through October 7th, 2024, vs. +22.2% for the S&P 500 index and +12.4% for the equal-weight version of the S&P 500 index. 

A hypothetical portfolio of Zacks Rank # 1 (Strong Buy) stocks returned +21.6% in the year-to-date period through November 4th, 2024, vs. +28.3% for the S&P 500 index and +18.6% for the equal-weight version of the S&P 500 index. 

This hypothetical portfolio returned +20.63% in 2023 vs. +24.83% for the S&P 500 index and +15% for the equal-weight S&P 500 index. 

The portfolio of Zacks Rank #1 stocks is an equal-weight portfolio, while the S&P 500 index is a market-cap-weighted index that has been notably distorted by the concentrated performance of mega-cap stocks since late 2022. 

The Zacks Model Portfolio – consisting of Zacks Rank #1 stocks – has outperformed the S&P index by almost 13 percentage points since 1988 (through November 4th, 2024, the Zacks # 1 Rank stocks generated an annualized average return of +24.1% since 1988 vs. +11.2% for the S&P 500 index). 

 

Zacks Recommendation Featured Stocks

Shares of Shopify Inc. (Ticker: SHOP) and BellRing Brands, Inc. (Ticker: BRBR) have gained +40.24% and +26.3% (versus the S&P 500’s +5.1% rise), respectively, since their Zacks Recommendation was upgraded to Outperform on October 7th.   

While the Zacks Rank is our short-term rating system that is most effective over the one- to three-month holding horizon, the Zacks Recommendation aims to predict performance over the next 6 to 12 months. 

FOCUS LIST UPDATED: 2024-12-02 04:06

Zacks Focus List Model Portfolio Performance and Featured Stocks

Shares of Sea Limited (Ticker: SE) from the Zacks Focus List have gained +46.8% over the past three months.The stock was added to the Focus List on March 26th, 2020. Another Focus-List holding, Block, Inc. (Ticker: SQ), which was added to the portfolio on March 28th, 2017, has returned +33.32% over the past three monthsThe S&P 500 has increased +7.77% over this period.

The Focus List portfolio returned +16.18% in 2024 (through October 31st) vs. +20.99% for the S&P 500 index and +13.29% for the equal-weight S&P 500 index. 

The 50-stock Zacks Focus List model portfolio returned +31.44% in 2023 vs. +26.28% for the S&P 500 index and +13.61% for the equal-weight S&P 500 index. In 2022, the portfolio produced -15.2% vs. the S&P 500 index’s -17.96%. 

Since 2004, the Focus List portfolio has produced an annualized return of +11.69% (through October 31st, 2024). This compares to a +10.29% annualized return for the S&P 500 index and +10.12% for the equal-weight version of the index in the same time period. 

EARNINGS CERTAIN PORTFOLIO UPDATED: 2024-12-02 04:06

Zacks ECAP Performance and Featured Stocks

Fiserv, Inc. (Ticker: FI) has gained +27.76% over the past three months. Another ECAP stock, Walmart Inc. (Ticker: WMT), has returned +21.04% over the same period.

The Zacks Earnings Certain Admiral Portfolio (ECAP), which consists of 30 concentrated, ultra-defensive, long-term Buy-and-Hold stocks, returned -2.61% in October 2024 vs. the S&P 500 index’s -1.66% return (IVV ETF). 

For the year-to-date period (through the end of October 2024), the portfolio returned +17.46% vs. +21% for the S&P 500 index. 

In 2023, the portfolio returned +12.17% vs. +26.28% for the S&P 500 index. The portfolio returned -4.7% in 2022 vs. the S&P 500 index’s -17.96%.   

 

Zacks ECDP Performance and Featured Stocks

Automatic Data Processing, Inc. (Ticker: ADP) has gained +12.28% over the past three months. Another ECDP stock, Illinois Tool Works Inc. (Ticker: ITW), has returned +10.81% over the same time frame.

The Zacks Earnings Certain Dividend Portfolio (ECDP) returned -2.81% in October 2024 vs. the S&P 500 index’s -1.66% decline and the Dividend Aristocrats ETF’s (NOBL) -3.1%. 

For the year-to-date period (through October 31st), the portfolio returned +12.59% vs. +21% for the S&P 500 index and +10.26% for NOBL. 

The portfolio returned -0.9% in 2023 vs. +26.28% for the S&P 500 index and +8.11% for NOBL. The portfolio returned -2.3% in 2022 vs. -17.96% for the S&P 500 index and -8.34% for NOBL. 

TOP 10 STOCKS UPDATED: 2024-12-02 04:06

Zacks Top 10 Stocks

The Goldman Sachs Group, Inc. (Ticker: GS), from the Zacks Top 10 Stocks for 2024, has gained +57.75% year to date, which compares to the S&P 500 index’s +26.68% increase.

The Top 10 portfolio returned +43.45% this year through October 31st, vs. +20.99% for the S&P 500 index and +13.29% for the equal-weight version of the index. 

The Top 10 portfolio returned +25.15% in 2023 vs. +26.28% for the S&P 500 index. 

Since 2012, the Top 10 portfolio has produced a cumulative return of +1,746.65% through October 31st, 2024, vs. +450.50% for the S&P 500 index. The portfolio has produced an average return of +25.5% in the period 2012 through October 31st, 2024, vs. +14.22% for the S&P 500 index and +12.49% for the equal-weight version of the index.

ETF MODEL PORTFOLIOS

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research is not a licensed securities dealer, broker or US investment adviser or investment bank. The S&P 500 is an unmanaged index.

Category: Performance