On June 16, 2023, three stocks with strong momentum and a Zacks Rank #1 were highlighted for investors:
Trend Micro Incorporated (TMICY) saw a 3.5% increase in its current year earnings estimate over the last 60 days, with shares rising 8.7% in three months, outperforming the S&P 500’s 5.3% gain.
Rockwell Automation, Inc. (ROK) experienced a 5.7% increase in earnings estimates within the same period, with a remarkable 21.3% gain in shares, also surpassing the S&P 500’s performance.
Dunelm Group plc (DNLMY) recorded a 4.2% increase in earnings estimates, with shares climbing 28.1% over three months, significantly outperforming the S&P 500.