On June 26th, three stocks were identified as having strong momentum characteristics and a buy rank. Onto Innovation (ONTO), which specializes in metrology tools for the semiconductor industry, holds a Zacks Rank of #1 (Strong Buy) with a projected earnings increase of 7.5% for the current year. Its shares have risen 21.5% in the last three months, outperforming the S&P 500’s 5.1% gain.
Superior Group of Companies (SGC), a manufacturer of apparel and accessories, also has a Zacks Rank of #1, with a 17.2% increase in projected earnings. Shares have gained 12.4% over the same period. Lastly, Geopark (GPRK), an oil and gas operator, reports a 2.9% increase in earnings estimates and a share price gain of 19.4% in the last three months.
