On March 23, 2023, three stocks received strong buy ratings from Zacks Investment Research due to significant earnings growth projections. FIGS, a healthcare apparel brand, saw its earnings estimate increase by 90%, experiencing a 20.1% share price surge over the last three months. Karat Packaging, a distributor of disposable food service products, had a 21% increase in its earnings estimate and a 21.3% rise in share price during the same period.
Additionally, Enerflex, which provides oilfield services, reported a 19.5% increase in earnings estimates, with shares rising by 40.7% over the last three months. Each company holds a Zacks Rank of #1 (Strong Buy), highlighting their strong momentum in a declining market.
