Exploring Top Players in the Market
Considering investing in momentum stocks? Let’s delve into three standout options that could pique the interest of investors for July 22nd.
TDK Corporation – TTDKY
TDK Corporation shines as an electronic component company boasting a Zacks Rank #1. Notably, its Zacks Consensus Estimate for current year earnings has surged by 7.8% over the past 60 days.
Witnessing an impressive 44.9% surge in shares over the last three months, TDK outpaced the S&P 500’s advance of 8.7% with flying colors. The company’s Momentum Score of A further solidifies its market prowess.
Hagerty, Inc. – HGTY
Hagerty, Inc., an insurance agency, secures a Zacks Rank #1 and has experienced a 9.5% surge in the Zacks Consensus Estimate for current year earnings over the last 60 days.
With shares soaring by 23.5% in the past three months, outperforming the S&P 500’s 8.7% rise, Hagerty’s Momentum Score of A adds a feather to its cap.
Greenland Technologies Holding Corporation – GTEC
Greenland Technologies Holding Corporation, a component manufacturer for material handling industries, holds a Zacks Rank #1. Impressively, the Zacks Consensus Estimate for its next year earnings has surged by 18.2% in the last 60 days.
With a remarkable 21.6% hike in shares over the past month, outshining the S&P 500’s 1.2% growth, Greenland Technologies also boasts a resounding Momentum Score of A.
Spotlight on Market Trends
Are you curious about other top-ranked stocks? Explore the full list to uncover potential investment opportunities.
Keen to learn more about Momentum score and its calculation? Delve deeper into the mechanics behind the market dynamics.
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