Advertisement
UK markets closed

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     

  • CRUDE OIL

    82.82
    -0.54 (-0.65%)
     

  • GOLD FUTURES

    2,330.90
    -11.20 (-0.48%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,120.73
    -1,944.48 (-3.66%)
     

  • CMC Crypto 200

    1,383.46
    -40.64 (-2.85%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

Top Stock Picks for Week of October 3, 2022

Panel Of Zacks Experts
·2-min read

JPMorgan Chase & Co. JPM is one of the biggest global banks with assets valued at $3.84 trillion and stockholders’ equity worth $286.1 billion as of Jun 30, 2022. Opening new branches, strategic buyouts/investments and global expansion and digitization efforts are likely to keep driving the company’s financials. Further, higher interest rates and steady growth in loan demand are expected to result in a robust improvement in net interest income (NII). JPMorgan has been growing through on-bolt acquisitions, both domestic and international. JPMorgan has a solid balance sheet position and a solid capital deployment plan. JPMorgan’s trailing 12-month return on equity (ROE) reflects its growth potential. Over the last four quarters, JPMorgan Chase & Co. surpassed consensus EPS estimates two times.

Ulta Beauty Inc. ULTA, previously known as Ulta Salon, Cosmetics & Fragrance, Inc., is a leading beauty retailer in the United States.  Shares of Ulta Beauty have outpaced the industry in the past six months. The company has been benefiting from its omnichannel strength. Also, the skincare category has been gaining from consumers’ rising interest in self-care. These upsides aided first-quarter fiscal 2022 results, wherein the top and bottom lines grew year over year and beat the Zacks Consensus Estimate. Results were backed by the strong execution of the company’s strategies and solid guest demand, with the latter gaining from the company’s exciting brand launches. Also, increased in-person activities and travel have been leading to the revival of the beauty category demand. All major categories delivered double-digit comp sales growth. Encouragingly, management raised its fiscal 2022 view.


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
 
JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report
 
Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research