Fabrinet and Constellation Brands have been highlighted as Zacks Bull and Bear of the Day

For Immediate Release

Chicago, IL January 25, 2023 Zacks Equity Research shares Fabrinet FN as the Bull of the Day and Constellation Brands STZ as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Caterpillar Inc. CAT, Deere & Co. DE and Xylem XYL.

Here is a synopsis of all five stocks:

Bull of the Day:

Fabrinet is a Zacks Rank #1 (Strong Buy) that provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing.

Unlike most tech stocks in 2022, Fabrinet had a decent year. The stock traded to all-time highs and was up for the year by almost 10%. 2023 has already started off well, with the stock running 7% higher in just the first few weeks.