Carvana and Boeing in the Box have been highlighted as Zacks Bull and Bear of the Day

For Immediate ReleaseChicago, IL – January 3, 2025 – Zacks Equity Research shares Carvana CVNA, as the Bull of the Day and Boeing BA, as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Mastercard Inc. MA, Coinbase Global, Inc. COIN and RB Global, Inc. RBA.                                                                                                                                                                                                                                                           Here is a synopsis of all five stocks:Bull of the Day:Carvana is a leading e-commerce platform for buying and selling used cars.The company’s near-term earnings outlook has turned visibly bright, landing the stock into the highly-coveted Zacks Rank #1 (Strong Buy).In addition to favorable earnings estimate revisions, the stock resides in the Zacks Internet – Commerce industry, which is currently ranked in the top 28% of all Zacks industries. Let’s take a closer look at how the company stacks up.CarvanaCarvana saw its popularity accelerate during the COVID era when consumers were facing lockdowns. The stock roared back in a massive way over the last year, gaining more than 300%.The stellar performance has been seemingly ignored by many investors amid the big tech wave we’ve become accustomed to, but its positive earnings outlook alludes to further near-term gains.It’s worth noting here that short squeezes added fuel to the fiery share performance, with current short interest notably lower than where it stood at the beginning of 2023.Concerning headline figures in its latest print, CVNA delivered a sizable 180% beat relative to the Zacks Consensus EPS estimate and reported sales 5% ahead of expectations, reflecting growth rates of 178% and 31%, respectively.The company overall enjoyed a robust quarter, with retail units of 108.6k growing a sizable 34% year-over-year alongside reaching new profitability milestones. Further, the company’s adjusted EBITDA margin of 11.7% reflected a new all-time best for public automotive retailers.The adjusted EBITDA margin performance is quite commendable, reflecting that the company has been effectively managing costs related to operations, inventory, and labor, which do fluctuate quite a bit in the automotive industry.Putting Everything TogetherInvestors can implement a stellar strategy to find expected winners by taking advantage of the Zacks Rank – one of the most powerful market tools that provides a massive edge.The top 5% of all stocks receive the highly coveted Zacks Rank #1 (Strong Buy). These stocks should outperform the market more than any other rank.Carvana would be an excellent stock for investors to consider, as displayed by its Zack Rank #1 (Strong Buy).Bear of the Day:Boeing has been the premier manufacturer of commercial jetliners for decades. The company’s premier jet aircraft, along with varied defense products, positions it as one of the largest defense contractors in the United States.Analysts have taken their earnings expectations lower across the board, landing the stock into a Zacks Rank #5 (Strong Sell).The stock also resides in the Zacks Aerospace – Defense industry, which is currently ranked in the bottom 28% of all Zacks industries. Let’s take a closer look at how the company currently stacks up.BoeingBA shares have faced turbulence over the last year, losing nearly 30% in value and widely underperforming in an otherwise bullish market. Operational issues shed a negative light on the company, with it regularly seeing itself pop up in news headlines.Its latest set of quarterly results was rather disappointing, with sales falling year-over-year alongside a decline in cash-generating abilities. But the company does recognize its struggles, with CEO Kelly Ortberg stating, ‘It will take time to return Boeing to its former legacy, but with the right focus and culture, we can be an iconic company and aerospace leader once again.’Keep an eye out for Boeing’s next quarterly release expected at the end of January, with current consensus estimates alluding to a -355% pullback in earnings on -22% lower sales. Both items have been revised lower over recent months.Analysts' negative earnings estimate revisions, resulting from weak quarterly results, paint a challenging picture for the company’s shares in the near term.Boeing is a Zacks Rank #5 (Strong Sell), indicating that analysts have taken a bearish stance on the company’s earnings outlook.For those seeking strong stocks, a great idea would be to focus on stocks carrying a Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy). These stocks sport a notably stronger earnings outlook and the potential to deliver explosive gains in the near term.Additional content:Analyzing Holiday Sales Insights from Mastercard SpendingPulseMastercard Inc. recently released a report showing U.S. retail sales, excluding automotive, witnessing a 3.8% year-over-year jump this holiday season. Data provided by Mastercard SpendingPulse for the period between Nov. 1 and Dec. 24, 2024, showed that steep discounts attracted consumers this holiday season as they searched for value. A healthy labor market and household wealth gains supported the consumer spending metric.The increase in U.S. retail sales was higher than Mastercard’s expectation of 3.2% and 3.1% growth witnessed last year. Online shopping fueled much of the gains in consumer spending. E-commerce sales rose 6.7% year over year, while in-store sales grew 2.9% year over year during the holiday season. Apparel e-commerce sales grew 6.7% year over year. Restaurant sales witnessed a 6.3% year-over-year jump due to demand for experiences such as dining out. Electronics, apparel, and jewelry sales grew 3.7%, 3.6%, and 4% year over year, respectively.Certain cities stood out in their digital shopping adoption. Tampa (10.6%) and Phoenix (10%) recorded double-digit e-commerce growth, followed by Minneapolis (8.9%), Dallas (8.4%), Charlotte (7.9%), and others, all surpassing the national average. The results highlight evolving consumer preferences and the growing importance of digital channels in shaping the holiday retail landscape.Payment innovations are the backbone of a company like Mastercard. Moreover, given customers' reliance on online shopping during holiday seasons or otherwise, innovating in this area is inevitable for continuous growth. As inflation continues to cool, renewed moderation in prices of goods should fuel more sales in the future.MA’s Price PerformanceShares of Mastercard have gained 25.7% in the past year compared with the industry’s 25% growth.MA’s Zacks Rank & Key PicksMastercard currently has a Zacks Rank #3 (Hold).Some better-ranked stocks in the Business Services space are Coinbase Global, Inc. and RB Global, Inc. Coinbase currently sports a Zacks Rank #1 (Strong Buy) while RB Global carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The bottom line of Coinbase Global outpaced estimates in three of the last four quarters, met once, the average surprise being 341.4%. The Zacks Consensus Estimate for COIN’s 2024 earnings indicates an improvement of more than 14-fold from the year-ago figure. The same for revenues implies growth of 83.9% from the prior-year tally. The consensus mark for COIN’s 2024 earnings has moved 3.3% north in the past 60 days.The bottom line of RB Global outpaced estimates in each of the last four quarters, the average surprise being 16.31%. The Zacks Consensus Estimate for RBA’s 2024 earnings indicates an improvement of 11% from the year-ago figure. The same for revenues implies growth of 13.8% from the prior-year tally. The consensus mark for RBA’s 2024 earnings has moved 3.8% north in the past 60 days.Why Haven't You Looked at Zacks' Top Stocks?Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.Today you can access their live picks without cost or obligation.See Stocks Free >>Media ContactZacks Investment Research800-767-3771 ext. 9339https://www.zacks.comZacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.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 The Boeing Company (BA): Free Stock Analysis Report Mastercard Incorporated (MA): Free Stock Analysis Report RB Global, Inc. (RBA): Free Stock Analysis Report Carvana Co. (CVNA): Free Stock Analysis Report Coinbase Global, Inc. (COIN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks