On December 31, three stocks identified as having strong buy rankings and momentum characteristics are Ulta Beauty (ULTA), UiPath (PATH), and Slide Insurance Holdings (SLDE). Ulta Beauty, a prominent beauty retailer in the U.S., has a Zacks Rank of #1 (Strong Buy) and saw its earnings estimate rise by 4.7% over the last 60 days. Its shares increased by 11% over the past three months, surpassing the S&P 500’s gain of 3.1%.
UiPath, recognized for its automation solutions, also holds a Zacks Rank of #1 with a 3.1% increase in earnings estimates this quarter. Its stock has surged by 24.5% in the last three months. Similarly, Slide Insurance Holdings, which underwrites property policies, maintains a Zacks Rank of #1 and experienced a notable earnings estimate increase of 21% and a 23.9% stock gain during the same period.
All three companies exhibit robust momentum, with UiPath possessing a Momentum Score of A, and Ulta Beauty along with Slide Insurance Holdings displaying strong performance relative to the broader market.
