Zacks.com spotlighted companies such as Ross Stores, Globe Life, Broadcom, Colgate-Palmolive, and TE Connectivity.

Press Announcement

Chicago, IL – March 18, 2026

This week’s featured stocks include Ross Stores (ROST), Globe Life Inc. (GL), Broadcom Inc. (AVGO), Colgate-Palmolive Co. (CL), and TE Connectivity plc (TEL).

Top 5 High-ROE Stocks Amid Oil Market Turbulence

Following a volatile week, the stock market rebounded as oil prices eased. The U.S. government permitted Iranian oil tankers to navigate the Strait of Hormuz, alleviating supply concerns. Previously, oil prices had soared due to disruptions caused by the conflict between Iran and Israel, which had halted traffic in this crucial shipping lane. As instability spread across the region, crude oil reached $120 per barrel, impacting global markets. To counteract the volatility, the International Energy Agency released substantial oil reserves.

President Trump announced plans to assemble an international coalition to safeguard shipping through the Strait, aiming to stabilize oil prices and boost investor confidence. As market participants adopt a cautious stance, those seeking steady returns may find value in stocks with robust cash flow and high return on equity (ROE).

While cash-rich companies are attractive, strong investment opportunities also require impressive efficiency metrics like ROE. A high ROE indicates that a company is effectively reinvesting profits for greater returns. Among the top picks are Ross Stores, Globe Life, Broadcom, Colgate-Palmolive, and TE Connectivity, all known for their superior ROE.

Understanding ROE

ROE Formula: Net Income divided by Shareholders' Equity

Return on equity is a valuable tool for investors to distinguish between companies that generate profits and those that do not. It reflects how efficiently a company uses its resources to maximize returns for shareholders.

ROE is also commonly used to compare profitability across industry peers. A higher ROE suggests a company is growing profits without needing additional equity, highlighting management’s ability to deliver strong, risk-adjusted returns.

Featured Companies with High ROE

• Ross Stores: Headquartered in Dublin, CA, Ross is a discount retailer specializing in apparel and home goods. The company offers branded and designer merchandise at prices 20% to 60% lower than typical department and specialty stores, targeting middle-income shoppers across the U.S. Ross expects long-term earnings growth of 10% and has averaged a 6.2% earnings surprise over the past four quarters. It holds a Zacks Rank #2.
• Globe Life: Based in McKinney, TX, Globe Life is a holding company for several insurance subsidiaries, focusing on individual life and supplemental health insurance for lower-middle and middle-income households. Its offerings include whole life, term life, and other insurance products, as well as Medicare Supplement and limited-benefit health plans. Globe Life is ranked #2 by Zacks.
• Broadcom: Located in San Jose, CA, Broadcom develops semiconductor solutions for networking, data centers, and home connectivity. Its products serve industries such as telecommunications, smartphones, servers, and energy systems. Broadcom anticipates 48.6% long-term earnings growth and has averaged a 1.9% earnings surprise in the last four quarters. It is rated Zacks Rank #2.
• Colgate-Palmolive: Based in New York City, Colgate-Palmolive is a global leader in oral care, personal care, pet nutrition, and home care products, selling in over 200 countries. The company expects 5.7% long-term earnings growth and has delivered a 4% average earnings surprise over four quarters. It holds a Zacks Rank #2 and a VGM Score of B.
• TE Connectivity: Operating out of Galway, Ireland, TE Connectivity designs and manufactures connectivity and sensor solutions for industries such as automotive, aerospace, energy, and healthcare. With a presence in over 130 countries, TE Connectivity is advancing technologies like 5G, electric vehicles, and smart cities. The company expects 12% long-term earnings growth and has averaged a 7.5% earnings surprise. It holds a Zacks Rank #2 and a VGM Score of B.

Disclosure

Some officers, directors, or employees of Zacks Investment Research may own or have traded securities or options mentioned here. Affiliated investment advisory firms may also hold positions in these securities.

About Screen of the Week

Zacks.com pioneered online stock screening and was recognized by Money Magazine as the top site for stock screening. The Screen of the Week highlights actionable stock strategies for investors seeking profitable opportunities.

Noteworthy Stocks

Many high-performing stocks receive little attention and remain largely unknown to the public. Zacks Rank #1 "Strong Buys" are generated by a proprietary system that has outperformed the market, achieving an average annual gain of 25% from 1988 to 2016.

Connect with Zacks

Zacks Investment Research is affiliated with entities that may conduct transactions involving the securities discussed for their clients.

Contact Information

• Contact: Jim Giaquinto
• Company: Zacks.com
• Phone: 312-265-9268
• Email: pr@zacks.com
• Website: https://www.zacks.com/

Zacks.com offers investment resources for your consideration. Use these tools at your discretion and review the Terms and Conditions before making investment decisions.

Past performance does not guarantee future results. All investments carry risk, including potential loss.

Free Report: Capitalizing on the Next AI Boom

The upcoming wave of AI innovation is expected to generate substantial wealth for early investors, transforming industries and adding trillions to the global economy.

Those who invested in companies like Nvidia during the initial AI surge saw remarkable returns.

However, the rapid growth of first-wave AI stocks may soon plateau, making way for a new group of emerging leaders in artificial intelligence.

Zacks’ report, AI Boom 2.0: The Second Wave, spotlights four lesser-known companies poised to become major players in the next phase of AI advancement.

For the latest stock recommendations from Zacks Investment Research, download the 7 Best Stocks for the Next 30 Days.

Free Stock Analysis Reports

• Colgate-Palmolive Company (CL): Free Stock Analysis Report
• Ross Stores, Inc. (ROST): Free Stock Analysis Report
• TE Connectivity Ltd. (TEL): Free Stock Analysis Report
• Broadcom Inc. (AVGO): Free Stock Analysis Report
• Globe Life Inc. (GL): Free Stock Analysis Report

Zacks Investment Research