For Immediate Release
Chicago, IL – February 18, 2021 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
Should You Buy Stocks with Negative Earnings?
Welcome to Episode #260 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
This week, Tracey is going solo to look into the question of buying the stock of companies that have negative earnings.
In the past, some companies with negative earnings, which later went positive, have gone on to be darlings of Wall Street.
Amazon AMZN is one of the best performing S&P 500 stocks of the last 30 years but it started off its first few years with negative earnings.
Tesla (NASDAQ:TSLA) TSLA only went earnings positive last year, in 2020.
Still in the Negative in 2021
Some companies that currently have negative earnings have been the hottest on Wall Street.
1. Twilio (NYSE:TWLO) TWLO is up 229% over the last year to new 5-year highs. But it's had negative earnings every year since it's 2016 IPO.
2. Roku (NASDAQ:ROKU), Inc. ROKU has also been hot, gaining 259% in the last year. In 2020, it was expected to lose $0.78 and analysts expect it to lose $0.50 again in 2021.
3. Uber Technologies (NYSE:UBER) UBER has a plan to get earnings positive. Analysts expect it to happen by 2023. Will it?
What else do you need to know about buying companies with negative earnings?
Listen to this week's podcast to find out.
[In full disclosure, Tracey owns shares of AMZN in her personal portfolio.]
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Follow us on Twitter: https://www.twitter.com/zacksresearch
Join us on Facebook (NASDAQ:FB): https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
https://www.zacks.com/performance
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.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Amazon.com, Inc. (NASDAQ:AMZN): Get Free Report
Tesla, Inc. (TSLA): Get Free Report
Twilio Inc. (TWLO): Get Free Report
Roku, Inc. (ROKU): Free Stock Analysis Report
Uber Technologies, Inc. (UBER): Get Free Report
To read this article on Zacks.com click here.
Zacks Investment Research