CME Group and GMS Named Zacks Top Picks and Laggards

CME Group and GMS Have Been Highlighted as Zacks' Bull and Bear of the Day

Chicago, IL - Zacks Investment Research has highlighted CME Group (CME) as its Bull of the Day and GMS Inc. (GMS) as its Bear of the Day.

CME Group, a leading provider of financial markets infrastructure, has seen its shares rise 14.5% over the past month. The company's strong Q2 earnings report, which featured a 25% year-over-year increase in revenues, has driven the stock's upward momentum.

Zacks' analysts are optimistic about CME's future prospects, citing the company's growing presence in the rapidly expanding cryptocurrency market, as well as its efforts to expand its offerings in the area of derivatives trading.

"CME's strong Q2 results and growing presence in the cryptocurrency market make it an attractive pick for investors looking for a play on the growing trend of digital currencies," said a Zacks analyst.

On the other hand, GMS Inc., a provider of interior and exterior paint, coatings, and building materials, has seen its shares fall 17.5% over the past month. The company's weak Q2 earnings report, which featured a 15% year-over-year decline in revenues, has driven the stock's downward momentum.

Zacks' analysts are bearish on GMS' future prospects, citing the company's declining sales and profitability, as well as its high debt levels.

"GMS' weak Q2 results and declining sales and profitability make it an unattractive pick for investors looking for a play on the building materials space," said a Zacks analyst.