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Top Stock Picks for the Week of Nov 19, 2018

Planet Fitness, Inc. PLNT operates over 1600 fitness clubs in the United States. Because it is solely a domestic play, it isn't subject to the tariff or trade war issues facing other growth companies like those in technology. Shares are still up 54% year-to-date and got a boost after the third quarter earnings report where it beat the estimate again. This is a growth play, as the stock has a forward P/E of 44. Planet Fitness is currently a Zacks Rank #3 (Hold).

JP Morgan Chase & Co. JPM is one of the largest banks in the United States. The big banks are cheap. JP Morgan trades with a forward P/E of only 11.9. It's not surprising that Warren Buffett's Berkshire Hathaway bought the stock in the third quarter. Earnings are expected to rise 35% in 2018 and another 9% in 2019. JP Morgan is a Zacks Rank #2 (Buy).

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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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