Move Over Apple, Buffett Can Buy These 5 Stocks Instead
Zacks Investment Research | Jan 02, 2019 08:27PM ET
Apple’s (NASDAQ:AAPL) first-quarter fiscal 2019 top-line guidance cut for the first time in almost two decades dragged down shares by roughly 8% during after-hour trading on Jan 2. The company Townsquare Media, Inc. Quote
In addition, its current dividend yield is 5.96%. The stock’s expected long-term earnings growth rate is 12%.
Houston, TX-based KBR Inc. (NYSE:KBR) is a global engineering, construction and services firm, supporting market segments of global hydrocarbons and international government services.
This Zacks #1 Ranked stock delivered average positive earnings surprise of 12.6% in the preceding four quarters. The Zacks Consensus Estimate for its current-year earnings has increased 4.9% to $1.70, in the past 60 days.
KBR’s current dividend yield is 2.04%. Its projected long-term earnings growth rate is 10.6%.
Allegiant Travel Company (NASDAQ:ALGT) , based in Las Vegas, NV, operates a low-cost passenger airline, through its subsidiary Allegiant Air LLC. Apart from air travel, the company also offers vacation deals, including car rentals and hotel bookings.
This Zacks Rank #2 stock delivered average positive earnings surprise of 18.7%, in the last four quarters. The Zacks Consensus Estimate for its 2019 earnings moved up 3.5% to $11.81, in 60 days’ time.
Allegiant’s current dividend yield is 2.70%. The stock’s estimated long-term earnings growth rate is 22.7%.
Plano, TX-based temporary staffing services provider BG Staffing (NYSE:BGSF) also has a Zacks Rank #2, at present. Furthermore, the current dividend yield is 5.81%. It has an expected long-term earnings growth rate of 20%.
BG Staffing delivered average positive earnings surprise of 53.8%, over the trailing four quarters. The Zacks Consensus Estimate for its 2019 earnings climbed 3.8% to $1.91, over the past 60 days.
Another Zacks Rank #2 stock, Canonsburg, PA-based Cone Midstream Partners LP (NYSE:CNXM) , is an operator of natural-gas gathering and other midstream energy assets.
Cone Midstream delivered average positive earnings surprise of 2.95%, in the last four quarters. The Zacks Consensus Estimate for its current-year earnings inched up 1.2% to $2.49, in 60 days’ time.
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Cone Midstream’s current dividend yield is 8.49%. Its projected long-term earnings growth rate is 14%.
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