The Fed kicked off the new rate cycle era by initiating a 50 basis points cut in interest rates after holding it at a 23-year high for 14 consecutive months since July 2023. This marked the first rate cut since 2020 to address slowing economic growth. The shift in monetary policy, along with uncertainty surrounding the elections, has brought back the lure for dividend investing. While several dividend stocks could provide capital appreciation, zeroing in on stocks with a history of dividend growth leads to ...

Cabot Corporation's (CBT) shares reached a fresh 52-week high of $110.98 on Sept. 18 before closing at $107.85. CBT's stock has appreciated 55.8% in the past year against the industry's 4.3% fall. Image Source: Zacks Investment Research What's Driving Cabot? In the fiscal third quarter, Cabot's Performance Chemicals division posted robust growth, with sales climbing 8.1% year over year to $332 million. The segment's EBIT surged 72% to $55 million, driven by higher volumes and a favorable product mix, partic ...

Have you been paying attention to shares of Cabot (CBT) ? Shares have been on the move with the stock up 8.8% over the past month. The stock hit a new 52-week high of $108.39 in the previous session. Cabot has gained 28.7% since the start of the year compared to the -3.7% move for the Zacks Basic Materials sector and the -2.3% return for the Zacks Chemical - Diversified industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our ear ...

Cabot Corporation's (CBT) shares have increased 18% in the past six months compared with the industry's growth of 0.6% and the S&P 500's appreciation of 7.8% during the same period. Image Source: Zacks Investment Research Let's look at the factors driving the stock's price movement. What's Driving Cabot? In the fiscal third quarter, Cabot's Performance Chemicals division posted robust growth, with sales climbing 8.1% year over year to $332 million. The segment's EBIT surged 72% to $55 million, driven by hig ...

Wall Street is off to a poor start in September on renewed concerns about the health of the economy and the stock market's historical performance. Amid such a backdrop, investors are increasingly exploring strategies that will help them to protect their portfolios from downside risk. And nothing seems better than the strategy of dividend investing. Picking stocks with a history of dividend growth leads to a healthy portfolio with a greater scope of capital appreciation as opposed to simple dividend-paying s ...

Cabot Corporation (CBT) registered a 20.4% rise in its stock value in the past six months, fueled by strong earnings outperformance, upward revisions to earnings guidance and robust performance across its business segments. The stock offers an attractive investment opportunity with strong growth prospects, as reflected in its Zacks Rank #2 (Buy). Impressive Earnings Surprise History CBT has consistently outperformed the Zacks Consensus Estimate, delivering positive earnings surprises in each of the last fou ...

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Cabot (CBT) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Cabot is one of 236 individual stocks in the Basic Materials sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individua ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely o ...

Cabot Corporation's (CBT) shares reached a fresh 52-week high of $105.30 on Aug 23 before closing at $104.24. In the past year, the stock has appreciated 48.3% against the industry's 6.1% decline in the same period. Image Source: Zacks Investment Research What's Driving Cabot? In the fiscal third quarter, Cabot's Performance Chemicals division posted an impressive 8.1% year-over-year sales growth, reaching $332 million. The segment's EBIT jumped by around 72% to $55 million. The substantial EBIT growth was ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style S ...