On December 22, Zacks Investment Research identified three stocks with strong momentum and a buy rank for investors: Impala Platinum Holdings Limited (IMPUY), Pharming Group N.V. (PHAR), and Markel Group Inc. (MKL). Impala Platinum, a precious metals mining company, saw its earnings estimate rise by 6.4% over the past 60 days, with a share price increase of 24.7% over the last three months. Pharming Group, a biopharmaceutical firm, experienced a remarkable 520% increase in its earnings estimate during the same period, with shares gaining 12.5%. Markel Group, an insurance provider, also saw a 5.4% rise in its earnings estimate and a 12.7% share price increase.
Key performance data includes Impala Platinum’s rank of #1 on the Zacks scale, a Momentum Score of A, and its outstanding share performance relative to the S&P 500, which declined 3.3%. Pharming Group holds a similar rank of #1, with a Momentum Score of B. Markel Group also shares a #1 rank and a Momentum Score of B, highlighting their strong forward momentum in the market.
