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On December 5, several stocks received a buy recommendation due to strong momentum characteristics. Notably, Credo Technology Group Holding Ltd (CRDO) saw a 22.6% increase in its share price over the last three months, with a Zacks Rank #1 and a consensus earnings estimate rise of 7.4%. In comparison, the S&P 500 declined by 6.0% during the same period.
American Eagle Outfitters, Inc. (AEO) also had a standout performance, with shares climbing 33.1% over the past three months and a Zacks Rank #1, reflecting a 9% increase in its earnings consensus estimate. Meanwhile, McGraw Hill, Inc. (MH) reported a 13.4% share price increase with a Zacks Rank #1 and a significant 43% rise in its next year’s earnings estimate.
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