Fox and Advanced Drainage Named Zacks Bull and Bear of the Day

Chicago: So, Zacks Equity Research just dropped some interesting news. They’ve named Fox Corporation as the Bull of the Day and Advanced Drainage Systems as the Bear of the Day. Fox is really shining right now, and it’s got a Zacks Rank of #1, which is a strong buy.

Fox is a big player in media, and it seems like the perfect time to invest in them, especially with their stock soaring over 50% in the past year. They’ve outperformed competitors like Disney and Comcast, which is pretty impressive.

And get this, they’ve sold out all their ad slots for the upcoming Super Bowl, with some brands paying a whopping $7 million for just 30 seconds of airtime. Last time they had the Super Bowl, they made $600 million in ad revenue. This year, they expect sales to jump to a record $15.63 billion.

On the flip side, Advanced Drainage Systems is struggling a bit. They’ve got a Zacks Rank of #5, which is a strong sell. Their earnings estimates have been dropping, and they recently missed expectations for their fiscal second quarter.

They’re facing some tough times with lower demand and higher costs, and they’ve had to lower their revenue guidance. Their stock is trading around $114, which is a bit high considering their current challenges.

So, while Fox is riding high, Advanced Drainage is definitely one to watch closely. It’s a mixed bag in the market right now!