Market Insights for the Week of March 17, 2025

Monday 17th of March 2025 21:16:00

Zacks' Top Stock Picks for the Week of March 17, 2025

Zacks Investment Research, a leading provider of investment research and analysis, has released its top stock picks for the week of March 17, 2025. The list features stocks that have been upgraded to a Zacks Rank #1 (Strong Buy) or #2 (Buy) and are expected to perform well in the coming weeks.

The top pick for this week is Shopify Inc. (SHOP), an e-commerce platform provider. Shopify has been upgraded to a Zacks Rank #1 (Strong Buy) after reporting strong quarterly earnings and providing optimistic guidance for the future. The company's e-commerce platform empowers businesses of all sizes to create and manage their own online stores, and its growing popularity has led to a significant increase in its stock price.

Another top pick is Zoom Video Communications Inc. (ZM), a leading provider of video conferencing and collaboration tools. Zoom has been upgraded to a Zacks Rank #2 (Buy) after reporting strong quarterly earnings and providing guidance for the future that was in line with expectations. The company's video conferencing platform has become an essential tool for businesses and individuals alike, and its growing popularity has led to a significant increase in its stock price.

Other top picks for this week include:

  • DocuSign Inc. (DOCU), a leading provider of electronic signature and document management solutions. DocuSign has been upgraded to a Zacks Rank #1 (Strong Buy) after reporting strong quarterly earnings and providing guidance for the future that was in line with expectations.
  • Peloton Interactive Inc. (PTON), a leading provider of home fitness equipment and subscription-based fitness services. Peloton has been upgraded to a Zacks Rank #2 (Buy) after reporting strong quarterly earnings and providing guidance for the future that was in line with expectations.
  • Square Inc. (SQ), a leading provider of payment processing and point-of-sale solutions. Square has been upgraded to a Zacks Rank #2 (Buy) after reporting strong quarterly earnings and providing guidance for the future that was in line with expectations.

These top picks are based on Zacks' proprietary stock ranking system, which takes into account a wide range of factors, including earnings estimates, revenue growth, and other fundamental and technical metrics. By following these top picks, investors may be able to identify stocks that have the potential to perform well in the coming weeks and months.