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The Zacks Analyst Blog Highlights: Kforce, Leucadia National, Radiant Logistics, Insight Enterprises and Logitech International

For Immediate Release

Chicago, IL - February 17, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Kforce Inc. (NASDAQ: KFRC - Free Report ), Leucadia National Corp. (NYSE: LUK - Free Report ), Radiant Logistics, Inc. (NYSEMKT: RLGT - Free Report ), Insight Enterprises, Inc. (NASDAQ: NSIT - Free Report ) and Logitech International SA (NASDAQ: LOGI - Free Report ).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Thursday's Analyst Blog:

5 Explosive Growth Stocks to Tap Best Winning Streak in 25 Years

All the three major market averages have been on a tear since last week when President Donald Trump pledged to release details on his promised tax cuts within two to three weeks. Barring Trump's tax reforms, Wall Street also celebrated strength in the American economy. January data indicating higher retail sales and consumer inflation helped propel stocks, while the fourth-quarter earnings picture continues to be comforting.

As the equity market continues to gain traction in the near term, it will be prudent to invest in solid growth stocks. Dispelling skepticism over an overheated market, earnings of such stocks are poised to grow at an above-average rate relative to the market.

Rally in Stock Prices

The Dow, the S&P 500 and the Nasdaq skyrocketed to record highs on Feb 15, the fifth straight day of an all-time high. All the three major U.S. equity indices achieved this feat since a six-session string ended Jan 3, 1992, according to Dow Jones data.

After crossing the key physiological bar of 20,000, the Dow is now approaching the 21,000 mark, while the S&P 500 had already topped $20 trillion in combined market-capitalization for the first time ever. The benchmark index has not experienced more than 1% daily loss since Trump's election victory while it gained over 10% since that period.

The Nasdaq also notched its longest record streak since the dot com bubble of 1999. The Nasdaq zoomed to the seventh successive record high on Feb 15, which helped the tech-laden index catch up to the Dow's post-election surge. Both are now up about 12% since Nov 8.

Trump's Tax Policies Annihilate Bears

Wall Street pushed further into record territory on the ongoing optimism that Trump will cut corporate taxes. His plans to revive a 'phenomenal' tax cut plan revitalized expectations of a pro-growth agenda that took a backseat amid contentious immigration ban and protectionist trade rules.

Trump plans to overhaul tax codes for business and individuals over the next two to three weeks. He plans a multi-trillion-dollar tax cut that would boost the U.S. economy and lift corporate profits. Such a tax cut included trimming of the business tax rate to 15% from 35%, reducing individual tax rates and repealing the estate tax. He also proposed expanding tax break for child-care expenses.

Such a plan will reduce federal taxes by $4.4 trillion to $5.9 trillion over a decade and is expected to increase GDP between 6.9% and 8.2%. Moreover, if he succeeds in overhauling the tax policy, it could allow multinationals to bring back the vast amount of cash stashed overseas, which then could be used to pay hefty dividends, buy back stocks, execute acquisitions and construct factories. Companies like Apple has an incredible $230 billion in cash held overseas, while many other have vast sums of money parked abroad (read more: 5 Stocks to Buy as Trump Chalks Out 'Phenomenal' Tax Plan ).

Economic Data Robust, Earnings Reassuring

Better-than-expected rise in retail sales coupled with consumer prices recording the highest gain in almost four years in January reinforced confidence in the economy, which followed an upbeat fourth-quarter earnings season.

Many U.S. retailers posted strong sales in January including the beleaguered department stores. Following a much bigger gain in December, retail sales rose 0.4% last month, ahead of the consensus estimate of a gain of 0.1%. Excluding autos and gasoline, retail sales rose 0.7%, according to the Commerce Department. It seems higher consumer confidence since the election encouraged Americans to spend more. The economy's strengthening outlook was bolstered by another report showing a rise in manufacturing and mining production last month as the drag from lower oil prices subsided.

Fourth-quarter earnings, in the meantime, are on track to be the highest ever. As of Feb 15, 375 S&P 500 members have reported their releases so far. Earnings for these members are up 7.2% on 4.6% higher revenues, with 68.8% beating EPS estimates and 54.4% coming ahead of top-line expectations (read more: A Positive & Reassuring Earnings Picture ).

5 Top-Ranked Growth Stocks to Buy Now

Thanks to the rise in major indices and the signs of a strengthening economy, investing in growth stocks seems to be judicious. These companies have economies of scale, a firm grasp on the majority of market share, a very loyal customer base and advanced product lines. Growth stocks are also anticipated to generate substantial capital gains, banking on this uptrend.

Thanks to our new style score system , we have been able to identify five growth stocks. Such stocks boost a Growth Style Score of 'A' and a Zacks Rank #1 (Strong Buy), which offers the best opportunities in the growth investing space. You can see the complete list of today's Zacks #1 Rank stocks here.

Kforce Inc. (NASDAQ: KFRC - Free Report ) is engaged in providing professional and technical specialty staffing services and solutions. The company's expected earnings growth rate for this year is 27%, higher than the industry's gain of 11.4%. Kforce has given a year-to-date return of 9.3%.

Leucadia National Corp. (NYSE: LUK - Free Report ) engages in investment banking and capital markets, beef processing, manufacturing, oil and gas exploration and production, and asset management activities. The company's expected earnings growth rate for this year is over 100%, way ahead of the industry's addition of 19%. Leucadia National has given a year-to-date return of 7.5%.

Radiant Logistics, Inc. (NYSEMKT: RLGT - Free Report ) provides multi-modal transportation and logistics services primarily in the U.S. The company's expected earnings growth rate for this year is more than 100%, higher than the industry's gain of a meagre 0.9%. Radiant Logistics has given a year-to-date return of 33.6%.

Insight Enterprises, Inc. (NASDAQ: NSIT - Free Report ) provides information technology (IT) hardware, software, cloud, and service solutions for business, government, healthcare, and educational clients in the U.S. The company's expected earnings growth rate for this year is 13.1%, more than the industry's addition of 2.5%. Insight Enterprises has given a year-to-date return of 11%.

Logitech International SA (NASDAQ: LOGI - Free Report ) designs, manufactures and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. The company's expected earnings growth rate for this year is 30.2%, way higher than the industry's increase of 2.3%. Logitech International has given a year-to-date return of 19.1%.

A Full-Blown Technological Breakthrough in the Making

Zacks' Aggressive Growth Strategist Brian Bolan explores autonomous cars in our latest Special Report, Driverless Cars: Your Roadmap to Mega-Profits Today. In addition to who will be selling them and how the auto industry will be impacted, Brian reveals 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free .

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 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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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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Kforce, Inc. (KFRC): Free Stock Analysis Report

Leucadia National Corporation (LUK): Free Stock Analysis Report

Radiant Logistics, Inc. (RLGT): Free Stock Analysis Report

Insight Enterprises, Inc. (NSIT): Free Stock Analysis Report

Logitech International S.A. (LOGI): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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