Sonic Automotive, Nutrien, Northern Dynasty Minerals, DRDGOLD and Sandstorm Gold highlighted as Zacks Bull and Bear of the Day

putri titian

For Immediate Release

Chicago, IL – July 2, 2020 – Zacks Equity Research Shares of Sonic Automotive, Inc. SAH as the Bull of the Day, Nutrien Ltd. NTR asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on Northern Dynasty Minerals, Ltd. NAK, DRDGOLD Limited DRD and Sandstorm Gold Ltd SAND.

Here is a synopsis of all five stocks:

Bull of the Day:

Sonic Automotive, Inc. is seeing car buyers return with a vengeance this summer. This Zacks Rank #1 (Strong Buy) saw used vehicle sales turn green in June.

Sonic is one of the largest auto retailers in the United States with 86 franchised dealerships and 10 EchoPark pre-owned dealerships in 12 states and 21 major metropolitan markets.

It carries 20 different automotive brands with the majority of its dealerships in the luxury and import brands.

Used Car Sales are Hot in the Summer

Read More

Can E-Commerce Revive Coronavirus-Hit Transportation Sector?

putri titian

It is a well-known fact that stocks belonging to the transportation  sector are having a tough time due to the coronavirus pandemic. Notably, the health scare was declared a pandemic by the World Health Organization on Mar 11.

As coronavirus claimed multiple lives, apart from infecting scores across the globe, several countries were under lockdown amid wide-spread travel  restrictions, particularly since March, thereby crippling the transportation sector. In fact, cases are surging even now as economies re-open. For instance, the United States recorded 52,789 new cases on Jul 1, thereby crossing the 50,000 mark in a day for the first time since the COVID-19 outbreak. What is worse is that even more 55,220 cases were registered the following day.

E-Commerce Surge: A Bright Spot

As a result of the pandemic and the current rise in new cases, people are staying indoors and avoiding going out unless absolutely necessary. Consequently, in

Read More