Exploring Top Momentum Stocks for March 1st

JJ Bounty

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.

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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

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