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Best Value Stocks to Buy for November 4th
ZACKS· 2024-11-04 12:11
Here are three stocks with buy rank and strong value characteristics for investors to consider today, November 4th:Controladora Vuela Compañía de Aviación (VLRS) : This air transportation services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.2% over the last 60 days.Controladora Vuela has a price-to-earnings ratio (P/E) of 6.57, compared with 14.70 for the industry. The company possesses a Value Score  of A.Pilgrim's Pride Corpor ...
Best Income Stocks to Buy for November 4th
ZACKS· 2024-11-04 09:50
Here are three stocks with buy rank and strong income characteristics for investors to consider today, November 4th:Capitol Federal Financial, Inc. (CFFN) : This holding company for Capitol Federal Savings Bank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.6% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 5.3%, compared with the industry average of 3%.Alibaba Group Holding Limited (BABA) : This Chinese e-commerce giant has witnessed the Zack ...
Why Alibaba (BABA) is a Top Value Stock for the Long-Term
ZACKS· 2024-11-01 14:41
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several 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.It also includes access to the Zacks Style Scores.What ar ...
AliExpress Singles Day Comes To U.S. With One Week Deals Campaign
Forbes· 2024-10-31 17:13
Singles' Day is coming to America, with AliExpress running promotions for Nov. 8.AliExpressThe world's biggest shopping event is coming to America. Not Black Friday. Not Cyber Monday. Not even Amazon Prime Day. It's called Singles Day, and it takes China by storm annually.AliExpress, the international online retail marketplace under Chinese giant Alibaba, is gearing up for Singles Day this Nov. 11, promising deep discounts across millions of products for U.S. customers as it seeks to globalize the phenomeno ...
4 Retail Stocks to Buy as Further Rate Cuts Loom
ZACKS· 2024-10-31 12:56
The consumer discretionary sector has been having a slow 2024. Since the start of the year, the S&P 500 Consumer Discretionary Select Sector SPDR (XLY) has advanced just 12.5% as of Oct. 30. However, with the Fed having started cutting interest rates from its September meeting, the sector looks potentially lucrative.While inflation has been coming down and the GDP advance estimate for third-quarter 2024 has shown that the economy is on the right path, the rate-cutting decision by the Fed is, in fact, the si ...
AliExpress Invites U.S. Retailers to Sell on the Platform
Prnewswire· 2024-10-30 13:00
Core Insights - AliExpress has launched the AliExpressDirect initiative to support U.S.-based retailers, allowing them to access its growing customer base with 0% commission and $0 onboarding costs during a special introductory period [1][2][4] Group 1: Initiative Overview - AliExpressDirect aims to help local businesses reach a diverse customer base, providing marketing, business, and customer service support at no charge [2] - The platform offers a simple process for local retailers to open shops, featuring tools for optimizing product listings, pricing, and promotions [3] - API integration will be launched in 2025, enabling seamless synchronization of product listings, inventory, orders, and returns with existing systems [3] Group 2: Retailer Success Stories - Local retailers, such as The PCA Companies, are experiencing positive momentum on the platform, leveraging AliExpress' reach to enhance their omnichannel strategy [5][6] - Cre8travel is diversifying revenue streams and expanding into new regions with the help of AliExpress, focusing on product innovation without advertising concerns [6][7] - JemJem, a major reseller of refurbished products, anticipates significant business scaling by tapping into AliExpress' customer base [7] Group 3: Consumer Benefits - U.S. consumers will benefit from a greater diversity of products, shorter delivery times, and improved customer support by shopping from local sellers on AliExpress [8] - A recent consumer insights report indicates that 65% of U.S. shoppers prioritize value when shopping locally, aligning with AliExpress' commitment to support local retailers [9] Group 4: Market Position - AliExpress operates in over 100 countries, attracting more than 150 million shoppers globally, and has seen a 60% year-over-year increase in order volume as of December 31, 2023 [10][11] - The platform's monthly average visits in the U.S. reached 24.2 million in 2023, marking a 290% year-on-year increase [11]
AliExpress Announces Millions in Discounts and Prizes For U.S. Shoppers During Upcoming 11.11 Singles' Day Sale
Prnewswire· 2024-10-30 13:00
With discounts up to 90% off, Singles' Day is one of AliExpress' biggest sales of the year and one of the world's biggest shopping festivals To demonstrate how far a single dollar can go during Singles' Day, AliExpress and Klarna are launching the "$1 Challenge" where U.S. shoppers can score a PlayStation 5 or HP Computer, among other prizes, for just $1, and will even have a chance to win a $10K Flight Credit or a $3K Shopping Credit Professional dancer and choreographer Taylor Terry will kick off the $1 C ...
Best Value Stocks to Buy for October 30th
ZACKS· 2024-10-30 12:56
Group 1: Controladora Vuela Compania de Aviacion, B. de C.V. (VLRS) - The company provides aircraft transportation services and has a Zacks Rank of 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 30.2% over the last 60 days [1] - The price-to-earnings ratio (P/E) is 6.59, significantly lower than the industry average of 15.20, and it possesses a Value Score of A [2] Group 2: Toyota Motor Corporation (TM) - Toyota is a leading automaker globally in terms of sales and production, holding a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 2.7% over the last 60 days [2] - The price-to-earnings ratio (P/E) is 8.11, compared to the industry average of 9.40, and it also has a Value Score of A [3] Group 3: Alibaba Group (BABA) - Alibaba is one of the leading e-commerce giants in China and carries a Zacks Rank of 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3% over the last 60 days [3] - The price-to-earnings ratio (P/E) is 0.42, which is much lower than the industry average of 2.21, and it has a Value Score of A [3]
Alibaba (BABA) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-10-29 22:50
The most recent trading session ended with Alibaba (BABA) standing at $99.83, reflecting a -0.1% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.16%. Meanwhile, the Dow lost 0.37%, and the Nasdaq, a tech-heavy index, added 0.78%.The online retailer's stock has dropped by 5.83% in the past month, falling short of the Retail-Wholesale sector's loss of 0.07% and the S&P 500's gain of 1.67%.Investors will be eagerly watching for the performance of Alibaba in its up ...
Alibaba Becomes Key Holding in Chinese Fund Manager's Portfolio, Economic Measures Spark Interest in Leading Tech
Benzinga· 2024-10-28 15:57
Chinese fund manager Zhang Kun invested in Alibaba Group Holding BABA in the third quarter, making it the second-largest holding in his $8.5 billion portfolio, as leading tech and consumer stocks attract interest after years of underperformance.Zhang, of Guangzhou-based E Fund Management, purchased 40.4 million Hong Kong-listed Alibaba shares via his E Fund Blue Chip Selected Mixed Fund, representing 9.1% of the fund’s assets, SCMP cites its quarterly report.Zhang noted that certain consumer companies now o ...