Investors often seek the thrill of momentum stocks – those on the fast track to success, much like a racehorse thundering towards the finish line. On this eventful March 13th, let us delve into three such stocks that are stirring up the investment scene:
Abercrombie & Fitch Shows Strength
Abercrombie & Fitch Co. (ANF) emerges as a shining star on the stock market stage. This specialty retailer with a Zacks Rank #1 has seen its Zacks Consensus Estimate for current year earnings surge by an impressive 12.2% over the past 60 days, akin to a sprinter breaking their own record.
Abercrombie & Fitch Company Price and Consensus
Abercrombie & Fitch’s stocks have surged by a remarkable 43.8% in the last three months, leaving the S&P 500 trailing far behind at 8.1%. The company flaunts a Momentum Score that can only be described as grade-A quality.
LeMaitre Vascular: A Medical Marvel
LeMaitre Vascular, Inc. (LMAT) emerges as a medical marvel in the world of stocks. With a Zacks Rank #1, this company specializing in medical devices and implants has seen its Zacks Consensus Estimate for current year earnings soar by 9.3% in the past 60 days, akin to a miraculous recovery.
LeMaitre Vascular, Inc. Price and Consensus
LeMaitre Vascular’s stocks have ascended by a commendable 17.8% in the last three months, outperforming the S&P 500’s modest 8.1% progress. The company’s Momentum Score sparkles brightly, boasting a grade-B evaluation.
CRH plc: Building the Future
CRH plc (CRH) stands tall as a manufacturing giant in the realm of building materials. With a Zacks Rank #1, the company has witnessed its Zacks Consensus Estimate for current year earnings rise by 4.2% in the last 60 days, like a tower gradually reaching for the sky.
CRH PLC Price and Consensus
CRH’s stocks have surged by an impressive 24.7% in the last three months, making the S&P 500’s progress seem lackluster at 8.1%. The company’s Momentum Score shines brightly, boasting an outstanding grade-A status.
These three companies exhibit a notable upsurge in performance, providing investors with an enticing opportunity to ride the wave of their success. As the markets ebb and flow like a turbulent river, these momentum stocks stand out like steadfast navigators guiding investors through uncertain waters.
Interested in exploring more top-ranked stocks? Feel free to peruse the full list here.
Curious about how the Momentum Score is calculated? Dive into the detailed explanation here.
Remember, in the world of stocks, a single pick can turn the tide dramatically, much like a small rock causing ripples in a vast ocean. Each investment decision holds the potential for remarkable growth and unforeseen opportunities. As investors navigate through the financial markets, the allure of momentum stocks beckons, promising an exciting journey filled with twists and turns.