$99
VALU E
Contents
Introduction 3
Cross Country Healthcare (CCRN) 4
General Motors (GM) 5
Barrick Gold Corporation (GOLD) 6
Hologic (HOLX) 7
Office Depot (ODP) 8
Ternium (TX) 9
Whirlpool (WHR) 10
7 Best Stocks for the Next 30 Days 2
Introduction
The predictive ability of the Zacks Rank cannot be denied. In fact, since 1988, if you
invested in Zacks Rank #1 stocks, you would have averaged a gain of +24.4% per year.*
Now, in this report, you’ll receive highlights on 7 stocks from the more than 200 compa-
nies that compose the coveted Zacks #1 Rank List. Remember only 5% of all stocks
covered by the proprietary Zacks Rank system have the promise and potential to beat the
market in the next 30 days like these Strong Buy stocks.
Inside this report, you’ll discover the company financials, earnings data and analysis of
these 7 promising companies.
7 Best Stocks for the Next 30 Days 3
Cross Country
Healthcare
(CCRN)
Cross Country Healthcare (CCRN)
is a national leader in providing
innovative healthcare workforce
solutions and staffing services.
The company has a really good
earnings history with four beats in
the last four quarters. Each time
the company posted those massive
beats it included an EPS gain when
the consensus was calling for a loss.
Wall Street has smartened up, at least for the estimates going forward. There are no
more losses, but still some beatable numbers. This quarter is at 7 cents, which is up 5 cents
in the last month. Next quarter flipped from a loss of a penny to a gain of 2 cents. The full
year numbers are showing big moves, with this year rising from 12 cents to 31 cents and
next year lifting from 18 cent to 29 cents. These are solid moves in the right direction.
7 Best Stocks for the Next 30 Days 4
General Motors
(GM)
General Motors (GM) is one of the
world’s largest automakers.
Over the next three years, they’ll be
rolling out more than 20 fully- electric
cars in the US as well as in China. The
lineup will include high-end luxury cars
and SUVs. GM has developed its own
modular battery platform that CEO
Mary Barra says will allow the company
to create, “a multi-brand, multi-
segment EV strategy with economies of scale that rivals our full-size truck business with
much less complexity and even more flexibility.”
Analysts are warming up to the idea that GM is putting together the pieces to be a
successful EV company even as they continue to enjoy success in conventional cars and
trucks. Over the past 30 days, the Zacks Consensus Earnings Estimate for full-year 2020
has risen from $2.52/share all the way to $4.47/share, earning GM a Zacks Rank #1 (Strong
Buy). Part of the reason for that big increase was a huge beat last quarter when the
company reported a net of $2.83/share, almost double expectations.
7 Best Stocks for the Next 30 Days 5
Barrick Gold
Corporation
(GOLD)
Barrick Gold Corporation (GOLD)
is one of the world’s largest gold
miners with gold and copper mining
operations in 13 countries.
On Nov 5, Barrick reported its third
quarter results and beat the Zacks
Consensus for the second straight
quarter. Earnings were $0.41 versus
the consensus of $0.32, or a beat of
9 cents.
Given the strong quarter and elevated gold prices, it’s not surprising that the analysts
are bullish on Barrick for 2020 and 2021. Six estimates were revised higher for 2020 in the
last month, pushing the Zacks Consensus up to $1.10 from $0.96 during that time. That’s
earnings growth of 115.7% as the company made just $0.51 in 2019. Next year is looking
like more of the same as 2 estimates have been revised higher in the past 30 days as well.
The Zacks Consensus has jumped to $1.40 from $1.33 during that time. That’s another 28%
earnings growth.
7 Best Stocks for the Next 30 Days 6
Hologic
(HOLX)
Hologic (HOLX) is an $18 billion
provider of medical diagnostics
that specializes in women’s health,
but they recently reported a stellar
“beat-and-raise” quarter on the back
of strong sales of COVID-19 testing
products.
Hologic reported their FY20 Q4
(ended September) on Nov 4,
delivering adjusted EPS of $2.07, vs.
the consensus of $1.22, for a 70%
beat. Revenue of $1.347 billion, vs. the consensus of $1.12B, increased 55.6% year-over-year. In
guidance, Hologic sees Q1 adjusted EPS of $2.10-$2.25 vs. consensus of $1.23 and Q1 revenue
of $1.35B-$1.425B vs. consensus of $1.13B. This beat-and-raise quarter prompted analysts to
dramatically raise estimates.
In the last few weeks, the consensus EPS projection for the new FY21 shot up 46% from $4.33
to $6.34 among eight analysts, which would represent 59% annual growth. Revenues for
FY21 are now seeing a consensus of $4.95 billion among six analysts, representing 31% annual
growth.
7 Best Stocks for the Next 30 Days 7
Office Depot
(ODP)
Office Depot (ODP), now known as
The ODP Corporation, is one of the
leading providers of business services,
products and digital workplace
technology solutions around the
globe.
Earlier this month, shares soared
after the company reported better-
than-expected third quarter results.
Revenue of $2.5 billion fell 9% year-
over-year but improved 18% quarter-
over-quarter, while sales in its retail segment was down only 3%, showing how consumer
spending is continuing to rebound.
This top-line performance helped ODP generate bottom-line profits. GAAP net income hit
$57 million, surpassing analyst expectations. The company’s e-commerce channel performed
strongly as well, up 20% and approaching over $1.2 billion in sales on an annual run-rate
basis. Since March 23, shares of Office Depot have climbed over 70%. Estimates have been
rising too, and ODP is a Zacks Rank #1 (Strong Buy) right now.
7 Best Stocks for the Next 30 Days 8
Ternium
(TX)
Ternium (TX) manufactures and
processes various steel products in
Mexico, Argentina, Paraguay, Chile,
Bolivia, Uruguay, Brazil, the United
States, Colombia, Guatemala, Costa
Rica, Honduras, El Salvador, and
Nicaragua.
A monster quarterly report helped
analysts raise their earnings
estimates for the company. Over
the last thirty days, three analysts
have increased their estimates for
the current year and next year.
The bullish moves have increased our Zacks Consensus Estimates for the current year
from 57 cents to $1.65 while next year’s number is up from $1.88 to $4.33. Last quarter’s 61
cents EPS handily beat expectations calling for just 23 cents. Over the last three quarters,
Ternium has at least doubled estimates. This is a big reason why analysts all over Wall
Street have become so bullish on the stock. The stock bottomed out on March 19th, but
shares have risen over 150% since then.
7 Best Stocks for the Next 30 Days 9
Whirlpool
(WHR)
Whirlpool (WHR) is one of the
largest manufacturers of home
appliances in the world with brands
that include Whirlpool, KitchenAid,
Maytag, Consul, JeenAir and
Amana.
In late October, the company
reported a 68% beat on EPS and
better-than-expected revenues. It
raised FY20 GAAP and guided FY20
higher.
The beat was the ninth straight surprise to the upside after years of struggling to make
numbers from 2016-19. Estimates are moving higher, with next quarter shooting up 40%
over the last 60 days from $3.23 to $4.54. Additionally, next year looks great with a 42%
jump in in estimates over the same time frame. Whirlpool has finally turned the trend
and performed very well through the pandemic. All-time highs are in site and should be
taken out soon.
7 Best Stocks for the Next 30 Days 10
Disclaimer
©Copyright 2020 Zacks Investment Research
This Special Report has not been authorized, sponsored, or otherwise approved or endorsed by the companies
represented herein. Each of the company names represented herein are trademarks of Whirlpool Corporation;
Cross Country Healthcare, Inc.; Barrick Gold Corporation; The ODP Corporation; Ternium S.A.; General Motors
Company; Hologic, Inc.
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in
making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks
“Terms and Conditions of Service” disclaimer. www.zacks.com/disclaimer.
*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 of 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 Zacks #1 Rank Performance covers a period beginning
on January 1, 1988 through October 5, 2020. These returns are from hypothetical portfolios consisting of stocks
with Zacks Rank # 1 that were rebalanced monthly (see additional details regarding rebalancing below) with zero
transaction costs. These are not the returns of actual portfolios of stocks. Zacks Rank #1 stock-rating system returns
are computed monthly based on the beginning of the month and end of the month Zacks Rank #1 stock prices plus
any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank
#1 stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the
annual return. Only Zacks Rank #1 stocks included in Zacks hypothetical portfolios at the beginning of each month
are included in the return calculations. Zack Rank #1 stocks can, and often do, change throughout the month.
Certain Zacks Rank #1 stocks for which no month-end price was available, pricing information was not collected, or
for certain other reasons have been excluded from these return calculations. The S&P 500 is an unmanaged index.
Visit www.zacks.com/performance for information about the performance numbers displayed above.
7 Best Stocks for the Next 30 Days 11
