This Week's Top Growth & Income Stocks

Caterpillar (CAT) is the world’s leading equipment maker. They reported yesterday, beating both on the top and bottom lines. They also raised their outlook for sales and adjusted earnings the current year.

Analysts has been raising their estimates for the company before the results and we should expect a big boost in the coming days after the strong report and upgraded guidance.

The company had to struggle with years of sluggish demand but with economic growth picking up in most parts of the world, their outlook has improved substantially, particularly since they derive more than half of their sales from outside the US.

And, while the timing of Trump’s $1 trillion infrastructure spending plan remains uncertain, Caterpillar is expected to be a big winner from the plan.

CAT is a Zacks Rank #1 (Strong Buy) stock. It also has a very attractive dividend yield of 2.95% and expected EPS growth of 9.5%.

AMC Entertainment Holdings (AMC) is the world’s largest movie-theater chain.

They operate in 15 countries with over 1,000 theatres and 11,000 screens. Recent acquisitions of Carmike Cinemas in the US and Odeon & UCI Cinemas and Nordic Cinemas in Europe, made them the world’s largest movie-theater chain.

Their recent results beat the consensus estimates both on the top and bottom lines They also upgraded their guidance for Q1. Analysts have been raising their estimates after the report and recent acquisitions.

The box office is off to a strong start this year and with a number of highly anticipated movies scheduled to be released in 2017, this could be another record year for the movie industry.

AMC has also taken a number of steps recently to enhance the experience at theatres, including seating upgrades, better sound, better projection, and larger screens and expanding their food and beverage offerings.

AMC is a Zacks Rank #1 (Strong Buy) stock with a dividend yield of 2.58% and expected EPS growth of 10%.

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.                                                                                    

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>

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
 
AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report
 
Caterpillar, Inc. (CAT): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research