7 Best Stocks for the Next 30 Days from Zacks Investment Research Report

In today’s volatile investing environment, the 7 Best Stocks for the Next 30 days in Zacks Investment Research report serves as an attractive set of short-term recommendations to consider.

Zacks, known for its data-driven stock ranking model, picks companies with strong earnings momentum, upward estimate revision trends, and solid fundamentals (Zacks is not alone identifying these stocks; others will also find these or similar stocks attractive right now).

Here’s a closer look at Zacks’ latest recommendations and specifically why these stocks are being highlighted at this time.

What Distinguishes These Stocks from Others?

The Zacks Rank system has generated an average annual return of +25% since 1988 and identifies stocks with the most probable short-term outperformance. The 7 Best Stocks for the Next 30 Days are selected from a few hundred stocks, with typically only 5% at a time on the reputable #1 (Strong Buy) list.

The 7 Best Stocks for the Next 30 Days

Following is the companies identified in the most recent report from Zacks, including their sector, and an explanation of their growth drivers:

Zacks Report Highlights

• Bonanza Creek Energy, Inc. (BCEI): With oil now above $70, Bonanza Creek has a great opportunity for earnings growth. The company reported Q1 results that beat estimates by over 50%; and analysts think this trend will continue as the commodity prices stay high.

• BP plc (BP): BP is vast. One of the biggest energy companies in the world, BP’s earnings growth could benefit from an explosion in global oil demand as the world has begun to crawl back from lockdowns. Consensus earnings estimates for next years growth have been trending positive, which could make BP very attractive to energy investors.

• Funko (FNKO): Funko is a major pop culture collectible company with revenue increases and earnings beats throughout its history. The company continues to bounce back licensing deals with efficiencies in consumer preferences and trends.

• Liberty Media Formula One Group (FWONA): Liberty Media represents and has significant ownership stakes in motorsports, entertainment, and a variety of sports franchises. Liberty Media companies have had some explosive growth, and some estimates now exceed expectations.

• Interactive Corp (IAC):  Interactive Corp is one of the major digital media and internet version, IAC’s brands have logged positive growth due to digital advertising, and new companies have made positive financial adjustments to their media influx.

• J. Jill (JILL): The womens apparel retailer has rebounded with positive earnings surprises and continued focus on e-commerce paving the way for a successful next quarter!

• NetApp (NTAP): With businesses rushing to adopt cloud technology, NetApp’s data management solutions are being actively acquired, leading to an encouraging earnings outlook.

Why do we have reason to trust the Zacks Rank?

Our proprietary ranking system is based on earnings estimate revisions and analyst sentiment which has been shown to predict short-term stock performance. Many investors take advantage of these ranked lists and have success with short-term trading and investing, especially during periods of market volatility where new opportunities arise.

For anyone looking for actionable investment ideas, the 7 Best Stocks for the Next 30 Days from Zacks Investment Research report includes a selection of growth, value, and momentum stocks. Regardless of the sector – energy, technology, or consumer stocks – these selections have been researched to be a good starting point to build a profitable portfolio for the coming month.

Disclaimer: Always perform your own due diligence prior to making investment decisions. Past performance is not indicative of future returns.