Latest news with #shortterm
Yahoo
5 days ago
- Business
- Yahoo
MRC (MRC) Is a Great Choice for 'Trend' Investors, Here's Why
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going. Our "Recent Price Strength" screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness. There are several stocks that passed through the screen and MRC Global (MRC) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investing. A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. MRC is quite a good fit in this regard, gaining 23.9% over this period. However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 11.3% over the past four weeks ensures that the trend is still in place for the stock of this energy products distributor. Moreover, MRC is currently trading at 81.8% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout. Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance. So, the price trend in MRC may not reverse anytime soon. In addition to MRC, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria. This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market. However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies. Click here to sign up for a free trial to the Research Wizard today. 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 MRC Global Inc. (MRC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
CBS News
26-06-2025
- Business
- CBS News
$10,000 short-term CD vs. $10,000 high-yield savings account: Which earns more interest now?
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. A $10,000 deposit into a short-term CD or high-yield savings account could be beneficial for savers right now. Getty Images A certificate of deposit (CD) account has a higher interest rate than many alternatives, making it an attractive option for savers looking to earn more interest on their money. But it comes with a well-known caveat: Savers will need to leave their money untouched in the account for the full term to earn that interest. Withdraw it prematurely, and it will result in the account being hit with a costly early withdrawal penalty. But leaving the money in the account can be daunting when CD terms last more than a year. Short-term CDs, however, mature in under 12 months. And, contrary to previous economic periods, rates here are often higher than they are on long-term counterparts, making them a viable option for those savers who don't want to forego access to their funds long-term but still want to earn a high rate. This makes it a particularly smart place to park $10,000 or more right now. But with similarly high rates available with high-yield savings accounts – and the flexibility those accounts offer that CD accounts do not – it behooves savers to calculate the potential interest earnings for both to determine which makes more sense for their five-figure deposit now. Below, we'll do the math for both account types if opened now, at the end of June 2025. See how much more interest you could be earning with a high-rate CD here. $10,000 short-term CD vs. $10,000 high-yield savings account: Which earns more interest now? Short-term CDs are accounts with maturity dates under one year (think three months, six months or nine months). Rates change based on each term, while the top high-yield savings account rates are approximately the same right now. That said, high-yield savings account rates are variable and subject to change over time, especially over extended periods, meaning they're unlikely to be the same in nine months the same way a 9-month CD rate will be. Here's what the three short-term CDs would earn and what the high-yield savings account would earn during the same period, assuming the high-yield savings account rate remains constant: $10,000 3-month CD at 4.40%: $108.23 for a total of $10,108.23 $108.23 for a total of $10,108.23 $10,000 high-yield savings account at 4.30% after three months: $105.81 for a total of $10,105.81 $105.81 for a total of $10,105.81 Difference between the two accounts: The 3-month CD earns $3.23 more $10,000 6-month CD at 4.51%: $223.01 for a total of $10,223.01 $223.01 for a total of $10,223.01 $10,000 high-yield savings account at 4.30% after six months: $217.63 for a total of $10,217.63 $217.63 for a total of $10,217.63 Difference between the two accounts: The 6-month CD earns $5.38 more $10,000 9-month CD at 4.26%: $317.83 for a total of $10,317.83 $317.83 for a total of $10,317.83 $10,000 high-yield savings account at 4.30% after nine months: $328.22 for a total of $10,328.22 $328.22 for a total of $10,328.22 Difference between the two accounts: The high-yield savings account earns $10.39 more So, in two of the three above examples, the CD account earned more while the reverse was true with the 9-month CD. That noted, the interest earnings for either account are approximately the same. To better determine which is more appropriate for their circumstances, then, savers will need to look beyond the interest rate and evaluate the potential for rates to cool in the future. If they're confident that rates will continue to decline, then they may be better served by locking in a high rate with a CD instead, while still readily available. But if they think rates will remain relatively steady, a high-yield savings account may be favorable. And, if they're unsure, they may be truly best served by depositing $5,000 into each account type now to exploit the benefits of both. Explore your CD and high-yield savings account options here and get started. The bottom line In some scenarios, a short-term CD is clearly the better savings option while, in others, a high-yield savings account is. But with a $10,000 deposit into either right now, savers will realize approximately the same interest-earnings over time. In other words, if you're considering either, there's really no wrong option. Just make sure to keep little to no money in a traditional savings account now. With an average interest rate of 0.38% currently, you're essentially losing money by not making the switch to a CD or high-yield savings account instead.
