ACM Research(ACMR)
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3 Growth Stocks Poised to Triple in the Next 3 Years
InvestorPlace· 2024-03-15 12:50
Growth stocks are where the real money is made in the market. That’s especially true for investors that can identify those with the potential to deliver substantial profits now or in the future. The high-flying companies that capture Wall Street’s imagination tend to be growth companies with extremely strong earnings. As a result, analysts and investors are often willing to value certain growth stocks based on financial projections and growth estimates five, 10, or even 15 years down the road.In my view, so ...
Wall Street Favorites: 3 Russell 2000 Stocks With Strong Buy Ratings for March 2024
InvestorPlace· 2024-03-12 17:37
There are some strong buy Russell 2000 stocks for investors to consider adding to their portfolios in March 2024. While the overall market has experienced volatility in recent months, several small-cap companies within the Russell 2000 index have demonstrated promising growth prospects, and analysts are bullish on their prospects.These stocks could offer attractive entry points for investors seeking diversification and exposure to potentially undervalued opportunities. I feel now could be a great time to co ...
3 Sexy Small-Cap Stocks to Add Sizzle to Your Portfolio
InvestorPlace· 2024-03-10 19:24
If you want big returns, you gotta think small – as in small-cap stocks. That’s not to say the large-capitalization enterprises can’t get you to investment Valhalla. However, the most diminutive companies have math on their side.Basically, I’m referring to the law of small numbers. When you’re dealing with small-cap stocks, you’re almost always targeting businesses that don’t generate much attention. So, when a less-appreciated firm presents impressive financial performance metrics, they can send shares sky ...
4 Solid Semiconductor Stocks to Gain From Soaring Sales
Zacks Investment Research· 2024-03-07 14:35
The semiconductor market has recovered steadily over the past few months and sales are up from the year-ago levels. Soaring demand from many industries has been driving sales lately after a difficult first half of 2023.The Semiconductor Industry Association (SIA) reported on Mar 4 that global semiconductor sales totaled $47.6 billion in January, increasing a solid 15.2% year over year from $41.3 billion. Although monthly sales unexpectedly fell marginally by 2.1%, the semiconductor market is on track for a ...
Surging Earnings Estimates Signal Upside for ACM Research, Inc. (ACMR) Stock
Zacks Investment Research· 2024-03-06 18:21
Core Viewpoint - ACM Research, Inc. (ACMR) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates [1][2]. Current-Quarter Estimate Revisions - The expected earnings for the current quarter are $0.36 per share, reflecting a year-over-year increase of +140% [3]. - Over the past 30 days, the Zacks Consensus Estimate for ACM Research has risen by 116.67%, with one estimate moving higher and no negative revisions [3]. Current-Year Estimate Revisions - For the full year, the earnings estimate stands at $1.62 per share, indicating a slight decrease of -0.61% from the previous year [4]. - The consensus estimate for the current year has increased by 15.09%, with one estimate moving higher and no negative revisions [4]. Favorable Zacks Rank - ACM Research has achieved a Zacks Rank 1 (Strong Buy) due to positive estimate revisions, which is a reliable indicator for investors [5]. - Research indicates that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [5]. Bottom Line - Strong estimate revisions have led to a 77.3% increase in ACM Research's stock price over the past four weeks, suggesting potential for further upside [6].
ACM Research, Inc. (ACMR) Upgraded to Strong Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-03-06 18:01
ACM Research, Inc. (ACMR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individua ...
Wall Street Analysts Believe ACM Research, Inc. (ACMR) Could Rally 27.93%: Here's is How to Trade
Zacks Investment Research· 2024-03-06 15:56
Group 1 - ACM Research, Inc. (ACMR) shares have increased by 77.3% over the past four weeks, closing at $29.22, with a mean price target of $37.38 indicating a potential upside of 27.9% [1] - The average price target consists of seven estimates ranging from $34 to $40, with a standard deviation of $2.59, suggesting a high level of agreement among analysts [1] - The lowest estimate indicates a 16.4% increase from the current price, while the highest suggests a 36.9% upside [1] Group 2 - Analysts show strong agreement on ACMR's ability to report better earnings, with a positive trend in earnings estimate revisions, which is a strong indicator of potential stock upside [2][5] - Over the last 30 days, one earnings estimate has increased, leading to a 15.1% rise in the Zacks Consensus Estimate for the current year [5] - ACMR holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [5] Group 3 - A low standard deviation in price targets indicates a high degree of agreement among analysts regarding the stock's price movement direction and magnitude [4] - While price targets should not be the sole basis for investment decisions, they can serve as a starting point for further research into fundamental drivers [4][6]
Future Market Kings: 3 Stocks That Will Shape the Next Decade of Growth
InvestorPlace· 2024-03-04 19:34
Three companies emerge as trailblazers in the finance and tech sectors, shaping their industries and the future. These companies stand at the edge and may influence the next decade of growth. These players are orchestrating the wave of change through innovative strategies and sharp performances.The first one has delivered solidity in revenue growth and market diversification. With its expanding addressable market and a strategic focus on advancements, the company is capturing demand across various sectors. ...
The Top 3 Russell 2000 Stocks to Buy in March 2024
InvestorPlace· 2024-03-04 18:10
Though often more volatile than large-cap stocks, the small and mid-cap companies of the Russell 2000 sometimes hold hidden gems. If you want to make an intelligent investment and buy stocks with plenty of potential for real returns, look no further.We have compiled some of this year’s best-performing stocks from the Russell 2000. These three companies are in some of the best positions in their respective markets to continue making giant leaps in revenue growth, showing great promise.To give you more insigh ...
3 Small-Cap Giants With Big Growth Trajectories
InvestorPlace· 2024-02-28 22:12
The future of the U.S. economy looks promising in 2024, with experts describing it as a Goldilocks moment. Anticipated faster growth, decreasing inflation and robust job creation signal a positive shift from recession fears in 2023. The National Association for Business Economics predicts a 2.2% rise in the gross domestic product, reflecting a more optimistic outlook, while the Federal Reserve’s expected interest rate cuts and the resilient job market contribute to a brighter economic landscape. That means ...