Investors, seeking a shot of adrenaline for their portfolios, have a chance to capitalize on the momentum of three compelling stocks as of June 18th:
Mercury General Corporation (MCY) emerges as a beacon of promise in the auto insurance sector. With a Zacks Rank #1 and a robust 18.6% surge in the Zacks Consensus Estimate for this year’s earnings over the past 60 days, Mercury General Corporation is a prime candidate for growth.
Mercury General Corporation Price and Consensus Outlook
Mercury General Corporation’s stock has outperformed, soaring 7.5% in the last quarter compared to the S&P 500’s 5.3% climb. The company flaunts an admirable Momentum Score of A.
Mercury General Corporation Stock Performance
ASM International NV (ASMIY), a semiconductor device equipment provider, is another top contender with a Zacks Rank #1. It has observed a substantial 24.3% surge in the Zacks Consensus Estimate for this year’s earnings in the last 60 days.
ASM International NV Price and Forecast
ASM International NV’s stock has surged by an impressive 25.1% in the past three months, outshining the S&P 500’s 5.3% growth rate. The company scores a noteworthy Momentum Score of B.
Byrna Technologies Inc. Potential
Byrna Technologies Inc. (BYRN), specializing in non-lethal defense technology, is a hidden gem with a Zacks Rank #1. Its Zacks Consensus Estimate for this year’s earnings has leaped by 7.1% in the last 60 days.
Byrna Technologies Inc. Growth Trajectory
Byrna Technologies’ stock has witnessed a remarkable uptrend, surging by a staggering 74.1% in the last six months, overshadowing the S&P 500’s 14.2% upswing. With a Momentum Score of B, Byrna Technologies Inc. is a force to be reckoned with.
Delve into the full list of top-ranked stocks to uncover further investment opportunities and harness the power of momentum to drive your portfolio forward.
For those eager to explore the essence of momentum trading and its calculations in-depth, understanding the Momentum Score is paramount.
