Introducing three stocks with robust momentum qualities and Buy ranks that investors should contemplate on this fine March 1st:
SPX Technologies, Inc. SPXC: Marking its presence in the infrastructure equipment supply realm, this company boasts a Zacks Rank #1 and recently experienced a 5.5% surge in the Zacks Consensus Estimate for its current year earnings over the last 60 days.
SPX Technologies, Inc. Recent Performance
SPX Technologies’ stocks have soared by an impressive 29.6% in the last quarter, eclipsing S&P 500’s 9.7% climb. The company’s Momentum Score is an illustrious A.
Recent Price Movements
Despite hailing from the healthcare services and products domain, Cardinal Health, Inc. (CAH) has demonstrated noteworthy growth. With a Zacks Rank #1, the firm’s earnings projection for this year spiked by 5.7% over the past two months.
Cardinal Health, Inc.’s Standout Performance
Cardinal Health witnessed a remarkable 27.8% upsurge in share value during the previous half-year, galloping past the S&P 500’s 10.5% climb. This company boasts a solid Momentum Score of B.
Examination of Stock Prices
Delving into the gastronomic sector, Carrols Restaurant Group, Inc. (TAST) emerges with a Zacks Rank #1 and an uplift of 2.1% in the Zacks Consensus Estimate for its current year earnings over the last 60 days.
Carrols Restaurant Group, Inc.’s Impressive Streak
Carrols Restaurant Group witnessed a phenomenal 22.1% surge in its shares during the last three months, surpassing the S&P 500’s growth of 9.8%. The company’s Momentum Score stands at a commendable B.
Exploring More Opportunities
For access to the full list of top-ranked stocks, interested investors can follow the link here.
To deepen understanding about the Momentum score and its calculation, readers can learn more here.
Among Zacks’ curated stock picks, an exceptional yet stealthy chemical corporation has stood out, showcasing a 65% surge over the past year. With burgeoning profits in 2022, substantial share repurchases worth $1.5 billion, and soaring market demand, this underdog could emerge as a robust choice for retail investors.
Could this burgeoning company surpass the monumental growth of recent Zacks’ standout stocks like Boston Beer Company, which shot up by +143.0% in just over nine months, or NVIDIA, which skyrocketed by +175.9% over a year?
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Cardinal Health, Inc. (CAH) : Free Stock Analysis Report
Carrols Restaurant Group, Inc. (TAST) : Free Stock Analysis Report
SPX Technologies, Inc. (SPXC) : Free Stock Analysis Report
