Top Stock Picks for Week of May 17, 2021
Ethan Allen Interiors Inc. ETH is a leading interior design company and manufacturer and retailer of quality home furnishings. The company offers free interior design service to its clients and sells a full range of furniture products and decorative accessories through ethanallen.com and a network of the Design Centers in the United States and abroad.The housing sector has been doing well for the past year despite the pandemic wreaking havoc. This boom in the housing market at the same time is also helping industries like furniture and furnishings. This company's expected earnings growth rate for the current year is more than 100%. The Zacks Consensus Estimate for current-year earnings has improved by double digits over the past 30 days. Ethan Allen currently sports a Zacks Rank #1. Ethan Allen has a dividend yield of 3.19%, compared with the industry average of less than 1%.
Levi Strauss & Co. LEVI designs and markets jeans, casual wear and related accessories for men, women and children under the Levi's(R), Dockers(R), Signature by Levi Strauss & Co.(TM) and Denizen(R)brands. The stock has moved higher by double digits in the past month, while it is also above its 20-day SMA too. This combination of strong price performance and favorable technical could suggest that the stock may be on the right path.From this look, the company’s future is quite favorable; as LEVI has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. E-commerce has been playing an important role in supporting the retail sector throughout the pandemic as most people are shopping online. The company's expected earnings growth rate for the current year is more than 100%. The Zacks Consensus Estimate for current-year earnings has improved over the past 60 days.
Zacks Names “Single Best Pick to Double”
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.
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