On December 16, three stocks with strong momentum characteristics were highlighted for investors: Pan American Silver Corp. (PAAS), Omnicell, Inc. (OMCL), and MongoDB, Inc. (MDB). Each company holds a Zacks Rank of #1, indicating strong performance.
Pan American Silver reported a 39.6% share price increase over the last three months, with the Zacks Consensus Estimate for its current year earnings rising by 5.7%. Omnicell saw a share price rise of 38.8% and a 13.3% increase in its earnings estimate. MongoDB’s shares increased by 31.9%, with a significant 27% boost in its earnings estimate over the same period.
The S&P 500 advanced only 3.6% during this time frame, highlighting the substantial outperformance of these three stocks in the market.
