Top Stock Picks for the Week of June 17, 2019
Alteryx, Inc. AYX is a data mining and modeling company with a market cap of $6.5 billion. Sales are expected to rise 76% in 2019 and another 30% in 2020 as data mining is a fast-growing area. The shares have been on fire over the last year, adding another 163%. This is a growth stock as it trades with a forward P/E of 240. Alteryx is a Zacks Rank #2 (Buy) stock.
Oxford Industries OXM is the parent of Tommy Bahama, Lilly Pulitzer and Southern Tide retail brands. All three of its brands managed positive comps in the fiscal first quarter, which was a difficult one for most retailers. Hot brand, Lilly Pulitzer, had a 1% comp but that came on top of a 7% comp the prior year. Earnings are moving in the right way: up. They are expected to rise 5.8% this fiscal year and 8.2% next year. Shares are attractively valued, with a forward P/E of just 16.5. Oxford is a Zacks Rank #2 (Buy) stock.
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