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On June 17th, three stocks with a Zacks Rank #1 and strong momentum characteristics were highlighted for investors: Carpenter Technology Corporation (CRS), Shake Shack Inc. (SHAK), and Fujitsu Limited (FJTSY). Carpenter Technology’s earnings estimate increased by 4.6% over the last 60 days, with shares rising 37% in three months. Shake Shack’s earnings estimate rose by 5.5%, and shares increased by 44.2%. Fujitsu’s earnings estimate grew by 16.1%, and its shares are up 17.6% in the same period.
Key performance data includes: Carpenter Technology (CRS) – shares up 37%; Shake Shack (SHAK) – shares up 44.2%; and Fujitsu (FJTSY) – shares up 17.6%, all compared to the S&P 500’s 6.4% advance. Each company maintains a Momentum Score of B.
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