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Radiant Logistics, Valspar, Raytheon, Rolls Royce Holdings and Huntington Ingalls highlighted as Zacks Bull and Bear of the Day

For Immediate Release

Chicago, IL – April 10, 2017 –Zacks Equity Research highlights Radiant Logistics (NYSEMKT: RLGT Free Report ) as the Bull of the Day, Valspar Corporation (NYSE: VAL Free Report ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Raytheon (NYSE: RTN Free Report ), Rolls Royce Holdings (OTCMKTS: RYCEY Free Report ) and Huntington Ingalls (NYSE: HII Free Report ).

Here is a synopsis of all five stocks:

Bull of the Day :

Radiant Logistics (NYSEMKT:RLGT Free Report ) rallied on Friday with volume that was approaching twice the normal amount. Before the close I looked back at the last five trading days and I saw this stock up ~13% for the week, but that should be no surprise for a stock that has a Zacks Rank #1 (Strong Buy) and a Growth Style Score of ‘A.’ Today, RLGT is the Bull of the Day.

Low Priced Mover

I recently published a strategy piece that talks about using a wider net to catch more winners. You can read more about that here: https://www.zacks.com/stock/news/255761/a-wider-net-catches-... - and I bring that up because this stock would fall in that net. It is a low priced stock that has the growth and the Zacks Rank that we are looking for.

Description

Radiant Logistics, Inc. operates as a third-party logistics company, providing multi-modal transportation and logistics services.

Earnings

The earnings history for RLGT isn’t the greatest I have ever seen, but I love what the most recent report looked like. The company reported EPS of $0.10 when the Zacks Consensus Estimate was calling for only a penny. That 9 cent beat was good for a 900% positive earnings surprise.

The topline came in ahead of expectations by $9M or about 5% ahead of expectations. The end result of such a solid beat was the stock launching higher by 19% in the session following the release.

Bear of the Day :

The Valspar Corporation (NYSE:VAL Free Report ) has missed the Zacks Consensus Estimate in four of the last five quarters and a recent decline in earnings estimates has pushed the Zacks Rank down to the lowest rating. Today VAL is the Bear of the Day.

Description

Valspar is a global leader in the paint and coatings industry.

Acquisition

The company announced that it was going to be acquired bySherwin-Williams ( SHW Free Report ) for $113 per share or about $11.3B on March 21, 2016.

Earnings Misses

The company has missed the Zacks Consensus Estimate in four of the last five quarters including two straight misses. The most recent miss came on March 8 with the company reporting earnings of $0.52 when the Zacks Consensus was calling for $0.74.

Estimates

The 2017 Zacks Consensus Estimate has slide from $5.29 in November to $4.92 in February and is now at $4.49.

There has been a similar move in 2018 projections even as the company will likely be part of SHW by then. Still, those moves lower in earnings estimates are what drive the Zacks Rank.

Additional content:

What Does This Syrian Missile Strike Mean for Stocks?

In the last few days, we have had a set of players make moves inside the new U.S. administration. And that is playing out in the arena of foreign affairs today.

Last week, the U.S. Secretary of State, a former oil company CEO, stated that Syria’s fate was going “to be decided by the Syrian people.” Unfortunately, that was diplomatic language interpreted by the dictator Assad as a green light. He went ahead and issued the order for an egregious chemical weapons air strike on his own people.

At the same time this was happening, the new head of the National Security Council, H.R. McMaster, won an important battle to staff that critical function with its standard role players. This took that internal White House function up in importance -- and immediately restored a more traditional tone to this nation’s foreign policymaking.

Today, we woke to the good news of a targeted strike on the Syrian air base that had sent the planes to do the chemical weapons strike.

This is a measured, immediate military response that will now undergird a fresh round of behind the scenes diplomacy, both by the U.S. and its allies.

All of this is, in fact, good news.

Which is why the U.S. and global stock markets sold off in a knee jerk reaction at first. But by early morning, had recovered to trading flat. That says traders are comfortable with the approach taken by the U.S., which is clearly being directed by the newly reconstituted National Security Council; and the former Marine at the head of the Defense Department, James Mattis.

Today, we also got a muddle-through print on the U.S. nonfarm jobs reports. A +98K monthly number sounds low. But it came tied to a 4.5% unemployment rate. While a lagging indicator, this was showing more underlying progress is being made by the U.S. economy. All in all, a mixed bag of data is no “new” news on the macro front. Again, we see no response from the broader stock market.

In sum, I think traders and equity investors generally -- and frankly U.S. citizens and citizens of the world -- should breathe a big sigh of relief. The new inexperienced President has taken the right steps here. He has been guided by the experienced hands, who are now fully empowered, and being listened to.

That is all good news, coming from this economist.

My more specific stock picks for looking into trading activity, on this moment of foreign affairs—

Note first: In this Syrian air strike, two U.S. warships located in the eastern Mediterranean launched 59 Tomahawk cruise missiles. So these 3 stocks are worth looking into:

(1) Raytheon (NYSE:RTN Free Report ) currently makes these missiles. There will be a need for re-supply of the missiles shot. The stock was up about +1% intraday.

(2) Take a look at Rolls Royce Holdings (OTCMKTS: RYCEY Free Report ), which is a higher Zacks #2 Ranked (BUY) competitor, based in the U.K. It is also a sound long-term play, with a Zacks VGM score of A. The U.K. typically follows the U.S. in on these types of missions. The stock was up +0.8% intraday.

(3) A final stop may be Huntington Ingalls (NYSE: HII Free Report ). They are the primary building of U.S. warships, like the ones that shot the Tomahawk missile. This stock was up +2.0% intraday.

That says it all. The U.S. Navy may be the biggest winner here.

Get today’s Zacks #1 Stock of the Day with your free subscription to Profit from the Pros newsletter:

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

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Radiant Logistics, Inc. (RLGT): Free Stock Analysis Report
 
Valspar Corporation (The) (VAL): Free Stock Analysis Report
 
Raytheon Company (RTN): Free Stock Analysis Report
 
Huntington Ingalls Industries, Inc. (HII): Free Stock Analysis Report
 
Rolls-Royce Holdings PLC (RYCEY): Free Stock Analysis Report
 
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