I am really going out on a limb for some Valentine's picks. Besides flowers and chocolate, this holiday doesn't have that many plays. For the most part, if you weren't in the flower trade already, this is the wrong time to go after something like that. Instead, let's take a look at some longer term plays for St. Valentine's Day.
It is not too often that a Zacks Rank #5 (Strong Sell) makes an appearance in an investment idea, but this one is just too perfect. Tempur Sealy (TPX) was crushed a few weeks ago when Mattress Firm announced that they would no longer some specific brands.
This stock is reporting before the market opens on 2/16/17 and there has been speculation that the two firms will hammer out a new agreement to those beds back in the store.
Now I am not suggesting that people buy beds on St. Valentine's Day, but this one isn't that big of a stretch, is it?
Tempur Sealy International, Inc. Revenue (TTM)
Home Is Where The Heart Is
If furniture is your thing, then maybe going with a stock that has a stronger history of earnings estimate revisions would help. At Home Group (HOME) is a Zacks Rank #2 (Buy) and is flying under most radar screens.
Estimates for the current quarter saw 1 revision higher 30 days ago and 3 revisions higher 60 days ago. The same number of revisions for the 2017 estimate and there was one less revision higher for next year's numbers as well.
HOME has topped the Zacks Consensus Estimate in each of the last two quarters.
Like the title of this section states, home is where the heart is.
At Home Group Inc. Price
Speaking of Home and the Heart
Who doesn't want to own a new home? With a new administration led by a real estate mover and shaker it seems that the homebuilder stocks should see four years of tailwinds. OK, maybe not four years, but there should still be one through next St. Valentine's Day.
With that in mind, I have two homebuilders add to my Valentine's Day list.
Pulte Group (PHM) is a Zacks Rank #1 (Strong Buy) and D.R. Horton (DHI) is a Zacks Rank #2 (Buy).
PulteGroup, Inc. Revenue (TTM)
Zacks' Best Investment Ideas for Long-Term Profit
Today you can gain access to long-term trades with double and triple-digit profit potential rarely available to the public. Starting now, you can look inside our stocks under $10, home run and value stock portfolios, plus more. Want a peek at this private information? Click here >>