The Zacks Analyst Blog Highlights: Target, Medifast, The Scotts Miracle

For Immediate Release

Chicago, IL – September 16, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Target Corporation (TGTFree Report) , Medifast, Inc. (MEDFree Report) , The Scotts Miracle-Gro Company (SMGFree Report) , Griffon Corporation (GFFFree Report) and Stewart Information Services Corporation (STCFree Report) .

Here are highlights from Tuesday’s Analyst Blog: 5 Top-Ranked High-Yield Growth Stocks for September

 

On Sep 14, Wall Street ended sharply higher, starting the new week on a positive note. This is in contrast to the previous week, which was the worst one in several months. Stock markets are witnessing severe volatility this month after a spectacular rally for five consecutive months. Month to date, all the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — are in negative territory.

Market fluctuations may persist for a few more days. However, the worst of Wall Street is long over and the overall market movement should remain positive going forward. At this stage, it will be prudent to invest in regular dividend-paying growth stocks with a favorable Zacks Rank. The growth potential of these stocks will capture the market’s upside while a high dividend yield will be useful if volatility persists for a longer period.

Fed’s New Inflation Control Policy

On Aug 27, Fed Chairman Jerome Powell announced that the newly adopted “average inflation targeting” policy will allow inflation and employment to run higher together for some time in order to support the pandemic-ravaged economy.

The Fed’s target of 2% inflation will remain unchanged. However, under the new policy,

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