Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
Genpact Limited G is a business process outsourcing and information technology services provider which has the potential to sustain the momentum of its performance in the near term. Consequently, if you haven’t taken advantage of the share price appreciation yet, it’s time you add the stock to your portfolio.
What Makes Genpact an Attractive Pick?
An Outperformer: A glimpse at the company’s price trend reveals that the stock has had an impressive run in the past three months. Shares of Genpact have returned 24.6% compared with the industry and the Zacks S&P 500 Composite’s growth of 12.5% and 2.7%, respectively.
Three Months Price Performance
Solid Rank: Genpact has a Zacks Rank #2 (Buy) and a VGM Score of A at present. Our research shows that stocks with a VGM Score of A or B when combined with a Zacks Rank #1 (Strong Buy) or 2, offer the best investment opportunities for investors. Thus, the company appears to be a compelling investment proposition at the moment.
Northward Estimate Revisions: Seven estimates for 2024 moved north in the past 60 days versus one southward revision, reflecting analysts’ confidence in the stock. The Zacks Consensus Estimate for 2024 earnings has moved up 3.6% in the same time.
Positive Earnings Surprise History: G has an impressive earnings surprise history. The company outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an earnings surprise of 6.9% on average.
Strong Growth Prospects: Genpact’s 2024 revenues are expected to increase 4.7% year over year and 6.4% in 2025. Earnings are anticipated to grow 5.7% year over year in 2024 and 7.5% in 2025. Moreover, earnings are expected to register an 8.4% increase in the next five years.
Growth Factors: Genpact focuses on strong partnerships, comprehensive Data-Tech AI solutions and a simplified go-to-market approach. On the partnership front, the company witnessed a significant opportunity to propel revenue growth as relationships with partners strengthened. In the second quarter of 2024, Genpact reported that it has doubled the percentage of revenues generated by partners with line-of-sight to generate even higher in the future.
The importance given to the go-to-market approach drove revenue growth in second-quarter 2024. The significant expansion of gen-AI is becoming a primary driver of the business. In the first half of 2024, gen-AI bookings showed 10x growth compared with 2023. Genpact plays a pivotal role in leveraging AI to drive business transformation for its clients using deep expertise in the successful implementation of AI-first end-to-end business processes in production environments.
Other Stocks to Consider
A couple of other top-ranked stocks in the broader Zacks Business Services sector are Evertec EVTC and HNI HNI.
Evertec sports a Zacks Rank of 1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
It has a long-term earnings growth expectation of 8%. EVTC delivered a trailing four-quarter earnings surprise of 11.1%, on average.
HNI flaunts a Zacks Rank of 1 at present. It has a long-term earnings growth expectation of 12%. HNI delivered a trailing four-quarter earnings surprise of 51.3%, on average.
Zacks Investment Research
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores?
Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value Score
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth Score
While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum Score
Momentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM Score
If you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank
The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only as a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Genpact (G)
Hamilton, Bermuda-based Genpact manages business processes for companies around the world. The company combines process expertise, information technology and analytical capabilities with operational insight and experience in diverse industries to provide a wide range of services using its global delivery platform.
G is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 12.22; value investors should take notice.
For fiscal 2024, seven analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.11 to $3.15 per share. G boasts an average earnings surprise of 6.9%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, G should be on investors' short list.
Zacks Investment Research
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Our "Recent Price Strength" screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
HNI
(HNI) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors.
A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. HNI is quite a good fit in this regard, gaining 19.7% over this period.
However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 2.5% over the past four weeks ensures that the trend is still in place for the stock of this maker of office furniture and fireplaces.
Moreover, HNI is currently trading at 84.7% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here
Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.
So, the price trend in HNI may not reverse anytime soon.
In addition to HNI, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
Click here to sign up for a free trial to the Research Wizard today.
Zacks Investment Research
The S&P 500 touched a new record on Tuesday morning ahead of the Fed’s big announcement on Wednesday.
The benchmark is back at fresh highs as Wall Street looks ahead to lower interest rates and solid tech-driven earnings growth in the back half of 2024 and beyond.
Despite the possibility of more volatility ahead, driven by seasonal weakness and pre-election unknowns, investors should remain exposed to the stock market in September and beyond.
A good jumping-off point is to search for stocks that boast improving earnings outlooks to earn them Zacks Rank #1 (Strong Buys) that are also efficiently generating profits.
Return on Equity 101
Return on Equity or ROE helps investors understand if a firm’s executives are creating assets with investors’ cash or burning it. ROE shows a company’s ability to turn assets into profits. Put another way, this vital metric measures the profits made for each dollar of shareholder equity.
ROE is calculated as net income / shareholder's equity. For example: if $0.10 of assets are created for each $1 of shareholder equity that would equal a ROE of 10%.
Overall, Return on Equity is a great item to use regardless of what type of investor you are since it provides insight into management’s ability to create value and keep costs under control. Plus, if ROE slips, it can alert us to potential problems.
With all that said, let’s take a look at this screen’s parameters and see the companies proving they can return value to shareholders instead of churning through their cash…
• Zacks Rank equal to 1
The Zacks Rank looks at upward earnings estimate revisions, among other metrics, in order to find companies that are projected to see their earnings get stronger. In fact, beginning with a Zacks Rank #1 can be a great starting point because it boasts an average annual return of over 25% per year during the last 30 years.
• Price greater than or equal to 5
Today we ruled out any stocks that are trading for less than $5 a share because they can be more volatile and speculative.
• Price/Sales Ratio less than or equal to 1
On top of that, we are looking for a low price to sales ratio. Today we went with 1 or below as this range is usually thought to provide better value since investors pay less for each unit of sales.
• % (Broker) Rating Strong Buy equal to 100 (%)
In this screen, we decided to go with companies that brokers are fully on board with since ratings are typically skewed strongly toward ‘buy’ and ‘strong buy.’
• ROE greater than or equal to 10%
Lastly, but most importantly for today’s screen, we got rid of any companies with Return on Equity of less than 10 because the median ROE value for all of the stocks in the Zacks Universe is under 10.
Here is one of the eight stocks that made it through today’s screen…
Time to Buy HNI Stock?
HNI Corporation HNI makes commercial furnishings and building products. HNI operates its workplace furnishings segment under multiple brands. Meanwhile, its residential building products segment is comprised of gas, electric, wood, and pellet-burning fireplaces, inserts, stoves, facings, and accessories. HNI operates 27 industry-leading brands across its various end markets.
HNI has crushed our bottom-line estimates by 51% in the trailing four quarters. Better yet, HNI continues to boost its bottom-line outlook even as the U.S. economy slows.
HNI said the firm’s “profit transformation initiatives and the Kimball International acquisition continue to deliver strong earnings growth in the Workplace Furnishings segment.” HNI’s chief executive said the company remains bullish about the long-term prospects for the housing market and its ability to thrive as a market leader.
HNI is projected to grow its adjusted earnings by 20% in 2024 and another 25% next year to jump from $2.65 a share in FY23 to $3.95 per share in FY25. HNI’s upbeat earnings estimates help it land its Zacks Rank #1 (Strong Buy). On top of that, its Return on Equity sits at 19.2%.
HNI shares have climbed by 62% in the last year, including a 22% jump in the trailing three months. HNI stock might be ready to break out to new all-time highs if it can regain momentum following its recent pullback. HNI’s dividend yields 2.5% right now.
Get the rest of the stocks on this list and start looking for the newest companies that fit these criteria. It's easy to do. And it could help you find your next big winner. Start screening for these companies today with a free trial to the Research Wizard. You can do it.
Click here to sign up for a free trial to the Research Wizard today.
Want more articles from this author? Scroll up to the top of this article and click the FOLLOW AUTHOR button to get an email each time a new article is published.
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: www.zacks.com/performance_disclosure
Zacks Investment Research
Accenture plc ACN has seen its stock rise 22% in the past three months, outperforming the industry’s 14.9% growth and the 2.4% uptick in the S&P 500 composite index.
We have a Zacks Rank #2 (Buy) on ACN shares, given the company’s technological prowess, strong cash position, contribution from acquisitions and consistent dividend payouts.
Accenture PLC Price
Accenture PLC price | Accenture PLC Quote
Let’s look at the factors in detail that make the stock an attractive pick.
Technology-Based Growth Strategy
Accenture's broader growth strategy focuses on delivering comprehensive value to its stakeholders through technology. By focusing on building a digital core with cloud, data, and AI technologies and investing in talent, Accenture is well-positioned for long-term success. We believe this strategy positions Accenture as a trusted partner for its clients and keeps the stock attractive.
Strong Cash Position
Accenture had a cash and cash equivalents balance of $5.5 billion at the end of third-quarter fiscal 2024 against a total long-term debt of just $69 million. Cash provided by operating activities was $1 billion and free cash flow came in at $1 million. Accenture generates significant cash from operations and also holds a huge cash balance, management has the flexibility to pursue growth in any areas that exhibit true potential.
This flexibility and technological prowess allowed it to pursue acquisition opportunities in different markets. The company spent $2.5 billion across 25 acquisitions in fiscal 2023. A disciplined acquisition strategy helps ACN channel its business in high-growth areas, adding skills and capabilities, and deepening industry and functional expertise.
Dividend Spinner
Commitment to shareholder returns makes ACN a reliable way for investors to compound wealth over the long term. The company paid $2.8 billion, $2.5 billion and $2.2 billion in dividends in 2023, 2022, and 2021, respectively. We are expecting steady income growth, which will translate to steady cash flow, enabling it to pay out stable dividends.
Other Stocks to Consider
Investors can look at some other top-ranked stocks like AppLovin APP, Climb Global Solutions CLMB, and HNI Corporation HNI.
APP currently sports a Zacks Rank of 1 (Strong Buy). The company has a long-term earnings growth expectation of 20%. APP delivered a trailing four-quarter earnings surprise of 21.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
Climb Global Solutions flaunts a Zacks Rank #1 at present. It has a long-term earnings growth expectation of 11%. CLMB delivered a trailing four-quarter earnings surprise of 25.2%, on average.
HNI sports a Zacks Rank #1 at present. It has a long-term earnings growth expectation of 12%. HNI delivered a trailing four-quarter earnings surprise of 51.3%, on average.
Zacks Investment Research
Reporter Name | Kalra Balkrishan |
Relationship | President and CEO |
Type | Sell |
Amount | $269,786 |
SEC Filing | Form 4 |
Balkrishan Kalra, President and CEO of Genpact LTD and also a director, sold 7,000 common shares on September 12, 2024, at a weighted average price of $38.5409, totaling $269,786. Following this transaction, Kalra directly owns 276,404 common shares of the company.
SEC Filing: Genpact LTD [ G ] - Form 4 - Sep. 13, 2024
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.