Take the Zacks Approach to Beat the Market: Dell, Caterpillar, Amkor in Focus
View original at finance.yahoo.comTake the Zacks Approach to Beat the Market: Dell, Caterpillar, Amkor in Focus Last Friday, the three major Wall Street indexes closed a mixed week…
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The Dow Jones Industrial Average gained 0.6% over the reported week
60% confidenceRising Treasury yields pressured richly valued artificial intelligence and semiconductor stocks, triggering broad profit-taking after months of strong gains
60% confidenceThe equal-weight S&P 500 average annual return since 1988 is +11.3% through May 5th
60% confidenceStronger-than-expected inflation data reinforced expectations that the Fed could keep interest rates elevated for longer
60% confidenceThe S&P 500 average annual return since 1988 is +11.5% through May 5th
60% confidenceShares of United Microelectronics Corporation have gained 118.8% since being upgraded to Zacks Rank #2 on April 28, versus the S&P 500's 1.6% increase over the same period
60% confidenceThe S&P 500 fell 2.1% over the reported week
60% confidenceThe Dow outperformed as investors favored defensive sectors such as healthcare, consumer staples, and industrials
60% confidenceA portfolio of Zacks Rank #1 stocks has outperformed the S&P 500 index by almost 8 percentage points year-to-date through May 5th
60% confidenceEntera Bio Ltd. has returned 41.7% since being upgraded to Zacks Rank #2 on April 28
60% confidenceThe Zacks Rank #1 portfolio returned +13.14% year-to-date through May 5th
60% confidenceThe Nasdaq fell 4.7% over the reported week
60% confidenceThe average annual return of the Zacks Rank #1 portfolio since 1988 inception is +24% through May 5th
60% confidenceThe S&P 500 returned +5.19% year-to-date through May 5th
60% confidenceSince its inception in 1988, the Zacks Rank #1 portfolio has outperformed the market by 12.6 percentage points on an average annual basis through May 5th
60% confidenceThe equal-weight S&P 500 returned +7.76% year-to-date through May 5th
60% confidence