Kroger, Hyatt Hotels, ResMed, LHC Group and NovoCure highlighted as Zacks Bull and Bear of the Day

For Immediate Release

Chicago, IL – October 12, 2020 – Zacks Equity Research Shares of The Kroger Co. KR as the Bull of the Day, Hyatt Hotels Corporation H asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on ResMed Inc. RMD, LHC Group, Inc. LHCG and NovoCure Limited NVCR.

Here is a synopsis of all five stocks:

Bull of the Day:

The new stay home economy has brought tough times for several industries. At the same time, it has created opportunities for profits. All those dollars folks used to spend on going out to restaurants and going on trips has transitioned. By paying attention to stocks which have seen earnings estimates rise in the wake of this shift, investors can be better positioned to make money over the long term. Choosing stocks in the good graces of the Zacks Rank uncovers these stocks.

One such stock

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Bear of the Day: Park Hotels (PK)

Park Hotels and Resorts (PK) is at the epicenter of the coronavirus pandemic as travelers stay home. This Zacks Rank #5 (Strong Sell) still doesn’t have all of its hotels reopened.

Park is the second largest publicly traded lodging REIT with 60 premium-branded hotels and resorts with over 33,000 rooms.

It’s premium properties include the Hilton Hawaiian Village Waikiki Beach Resort, Hyatt Regency Boston, Royal Palm South Beach Miami, a Tribute Portfolio Resort and the Hilton Checkers Los Angeles, among others.

A Business Update in September

On Sep 14, Park provided an operational and liquidity update as it navigates the coronavirus pandemic in one of the industries most impacted.

The Company has reopened 14 hotels since June, increasing the total number of hotels open to 46 out of its 60 hotels, or 77%.

That is 59% of total room count.

In the month of July, occupancy improved to 32.3% for

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‘Poking the bear’: Regional airline Rex using downturn to challenge Qantas, Virgin

SYDNEY (Reuters) – As Virgin Australia shrinks to survive the pandemic, tiny Regional Express Holdings Ltd (Rex) is picking up some of its larger rival’s planes and staff on the cheap – and attracting investors who see profit in the high-stakes plan.

FILE PHOTO: A Regional Express airlines SAAB 340 plane is sprayed with water as its sets off for its first flight from Canberra during a ceremony August 6, 2002. REUTERS/The Canberra Times/Graham Tidy MDB/JD/File Photo

A Boeing Co 737 leasing deal announced on Wednesday is the latest step in Rex’s gamble to take on Qantas Airways Ltd and Virgin starting with Sydney-Melbourne, the world’s fifth-busiest domestic route before the pandemic.

The move by Rex, until now an operator of ageing 30-36 seat turboprops, is a rare example of an airline expanding into new markets as the pandemic cripples air travel.

Shares in Rex and charter operator Alliance Aviation

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