On June 23, three stocks received a buy rank from Zacks Investment Research due to their strong momentum characteristics:
Liberty Energy Inc. (LBRT): The hydraulic fracturing and wireline services provider saw its earnings estimate rise by 165.8% over the past 60 days, with shares increasing 50.2% over the last six months, outperforming the S&P 500’s 7.9% gain. The company holds a Zacks Rank #1 and boasts a Momentum Score of A.
Advantest Corporation (ATEYY): This semiconductor company has also received a Zacks Rank #1, with a 6.7% increase in its earnings estimate over the last 60 days. Its shares have surged 40.6% in three months, compared to the S&P 500’s increase of 13.9%. It, too, has a Momentum Score of A.
Green Dot Corporation (GDOT): The financial technology firm saw its earnings estimates rise by 12.8% in the past 60 days and reported a 15.7% increase in shares over the past three months, matching the S&P 500’s growth rate of 13.9%. Green Dot has a Zacks Rank #1 and a Momentum Score of B.
5 Stocks Our Experts Predict Could Double In the Next Year
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