Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 26:
Equinor ASA EQNR: This energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.3% over the last 60 days.
Equinor ASA Price and Consensus
Equinor ASA price-consensus-chart | Equinor ASA Quote
Equinor's shares gained 77.5% over the last three months compared with the S&P 500’s decline of 5.1%. The company possesses a Momentum Score of A.
Equinor ASA Price
Equinor ASA price | Equinor ASA Quote
GigaCloud Technology Inc. GCT: This e-commerce solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.1% over the last 60 days.
GigaCloud Technology Inc. Price and Consensus
GigaCloud Technology Inc. price-consensus-chart | GigaCloud Technology Inc. Quote
GigaCloud Technology’s shares gained 11.2% over the last three months compared with the S&P 500’s decline of 5.1%. The company possesses a Momentum Score of B.
GigaCloud Technology Inc. Price
GigaCloud Technology Inc. price | GigaCloud Technology Inc. Quote
DXP Enterprises, Inc. DXPE: This industrial distribution company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.2% over the last 60 days.
DXP Enterprises, Inc. Price and Consensus
DXP Enterprises, Inc. price-consensus-chart | DXP Enterprises, Inc. Quote
DXP’s shares gained 20.7% over the last three months compared with the S&P 500’s decline of 5.1%. The company possesses a Momentum Score of B.
DXP Enterprises, Inc. Price
DXP Enterprises, Inc. price | DXP Enterprises, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
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DXP Enterprises, Inc. (DXPE): Free Stock Analysis Report
Equinor ASA (EQNR): Free Stock Analysis Report
GigaCloud Technology Inc. (GCT): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).