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Zacks News
New Strong Buy Stocks For June 1st
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
Applied Materials (AMAT) Q2 Earnings & Sales Miss Estimates
by Zacks Equity Research
Applied Materials (AMAT) reports weak fiscal second-quarter results due to demand weakness and disruption of operations caused by the coronavirus pandemic.
FormFactor (FORM) Q1 Earnings & Revenues Beat Estimates
by Zacks Equity Research
FormFactor's (FORM) first-quarter results are driven by strong demand for both Foundry & Logic probe cards.
TripAdvisor (TRIP) Misses Q1 Earnings & Revenue Estimates
by Zacks Equity Research
TripAdvisor (TRIP) reports weak first-quarter results due to COVID-19-induced travel bans and the need for physical distancing.
GoDaddy (GDDY) Surpasses Q1 Earnings and Revenue Estimates
by Zacks Equity Research
GoDaddy (GDDY) reports solid first-quarter revenues driven by strong product demand and efficient execution.
Fitbit (FIT) Q1 Loss Wider Than Estimated, Revenues Lag
by Zacks Equity Research
Fitbit (FIT) reports weak first-quarter results, with both earnings and revenues missing the Zacks Consensus Estimate.
KLA Corp. (KLAC) Beats Q3 Earnings and Revenue Estimates
by Zacks Equity Research
KLA Corp. (KLAC) reports solid fiscal Q3 results driven by a strong process control market, revenue diversification, solid execution and expanded demand at the trailing edge nodes.
Wayfair (W) Q1 Loss Narrower than Anticipated, Revenues Miss
by Zacks Equity Research
Wayfair's (W) first-quarter revenues miss the Zacks Consensus Estimate. However, increase in active customers and strength in the company's direct retail business aid year-over-year revenue growth.
WESCO's (WCC) Q1 Earnings & Revenues Fall Short of Estimates
by Zacks Equity Research
WESCO International (WCC) reports weak first-quarter results due to dismal sales on account of the COVID-19 outbreak.
Fortive's (FTV) Q1 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
Fortive (FTV) reports mixed Q1 results, wherein earnings surpass the Zacks Consensus Estimate, while revenues miss the same.
Nielsen's (NLSN) Q1 Earnings and Revenues Miss Estimates
by Zacks Equity Research
Nielsen Holdings' (NLSN) first-quarter results reflect weakness in the Connect business and currency headwinds.
Alphabet (GOOGL) Q1 Earnings Miss, Revenues Beat Estimates
by Zacks Equity Research
Alphabet's (GOOGL) Q1 earnings lag estimates but revenues beat the same. The cloud and YouTube businesses remain strong, while digital advertising growth slows down in the quarter due to the pandemic.
The Zacks Analyst Blog Highlights: Uber, Lyft, Facebook, Inuvo and Cango
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Uber, Lyft, Facebook, Inuvo and Cango
Uber and Lyft Are Sinking, but Is It Time to Buy Yet?
by Sejuti Banerjea
Heavily-shorted Uber and Lyft are taking a quick route down. but let's see if they're worth putting your money into.