As we navigate the tumultuous waters of the stock market, three companies are shining bright like beacons of hope on March 20th, drawing investors in with their tantalizing momentum. Let’s dive into the world of these market movers:
DNOW INC (DNOW): This energy and industrial products supplier has been on a tear, boasting a Zacks Rank #1(Strong Buy). With a 4.4% surge in Zacks Consensus Estimate for its current year earnings over the last 60 days, DNOW is clearly revving up its engines.
DNOW Inc. Price and Consensus Overview
DNOW Inc. price-consensus-chart | DNOW Inc. Quote
Over the past three months, DNOW’s shares have clocked an impressive 28.4% gain, outpacing the S&P 500’s modest 10.2% growth. The company’s Momentum Score of A is a testament to its powerful upward trajectory.
DNOW Inc. Price Performance
DNOW Inc. price | DNOW Inc. Quote
Toll Brothers (TOL): This residential construction titan, with a Zacks Rank #1, has been busy constructing success. The company has seen a handsome 12.2% surge in Zacks Consensus Estimate for its current year earnings over the last 60 days, hinting at robust growth on the horizon.
Toll Brothers Price and Consensus Insights
Toll Brothers Inc. price-consensus-chart | Toll Brothers Inc. Quote
As for shareholder delight, Toll Brothers’ shares have seen a commendable 19.2% rise in the last three months, surpassing the S&P 500. With a Momentum Score of B, Toll Brothers is indeed a force to be reckoned with.
Toll Brothers Price Performance
Toll Brothers Inc. price | Toll Brothers Inc. Quote
NuStar Energy (NS): With operations in crude oil transportation and storage, NuStar Energy has been blazing a trail of success. Boasting a Zacks Rank #1, the company has enjoyed a 6.7% rise in Zacks Consensus Estimate for its current year earnings over the last 60 days.
NuStar Energy L.P. Price and Growth Outlook
NuStar Energy L.P. price-consensus-chart | NuStar Energy L.P. Quote
In the past three months, NuStar Energy has seen a dazzling 32.8% surge in its shares, leaving the S&P 500 trailing behind. With a Momentum Score of B, NuStar Energy is undoubtedly in the fast lane to success.
NuStar Energy L.P. Price Trends
NuStar Energy L.P. price | NuStar Energy L.P. Quote
Experience the thrill of investing by exploring the full list of top ranked stocks here
Immerse yourself in the art of momentum trading by discovering more about the Momentum score and its calculating method here.
Zacks Unveils #1 Semiconductor Stock
In the tangled jungle of stocks, a tiny chip stock is hogging the limelight, gaining +800% since we flagged it. Though NVIDIA stands tall, this newbie in the chip world has more room to soar high.
Embracing robust earnings growth and a growing clientele, it is poised to tap into the insatiable appetite for Artificial Intelligence, Machine Learning, and Internet of Things. The global semiconductor industry is predicted to skyrocket from $452 billion in 2021 to $803 billion by 2028.
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