Top Stock Picks for the Week of January 22nd

Tractor Supply Company TSCO,operates rural lifestyle retail stores in the United States. This Zacks #1, Strong Buy, has been gaining from its store growth initiatives, omni-channel strategies, solid earnings and sales growth trend, and effective inventory management. These factors have the company poised for long-term growth. Further, its recent Petsense acquisition is likely to bolster the company’s presence in the pet specialty space, which is a growing market.   

Electro Scientific Industries, Inc. ESIO, designs and manufactures sophisticated products used around the world in electronics manufacturing. They are a dominant player in the flexible circuits segment of the semiconductor industry. The company’s stock has been moving steadily higher on positive company issued EPS guidance. Zacks Consensus Estimate for its current year earnings recently increased significantly.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

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Electro Scientific Industries, Inc. (ESIO) : Free Stock Analysis Report
 
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