phive2015 Investment Thesis Applied Industrial Technologies, Inc.’s (NYSE:AIT) revenue growth should benefit from easing year-over-year comparisons beginning in the second half of fiscal 2024. In addition, a potential rebound across the technology vertical and strength in the rest of the end markets supported by secular trends and associated government stimulus funds should drive revenue growth in the coming quarters. Further, the company’s continuous focus on enhancing cross-selling opportunities and e ...

Applied Industrial Technologies, Inc. (AIT) is benefiting from strength across its end markets, accretive acquisitions and shareholder-friendly moves.Let’s delve into the factors that make this current Zacks Rank #2 (Buy) company a smart investment choice at the moment.Growth CatalystsBusiness Strength: Solid momentum across the food and beverage, lumber and wood, mining, pulp and paper, energy, utilities and refining end markets is aiding Applied Industrial. The Service Center Based Distribution segment is ...

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the utility of a "Recent Price Strength" screen to identify stocks with strong fundamentals and upward momentum [1]. Group 1: Stock Performance - Applied Industrial Technologies (AIT) has shown a solid price increase of 17.4% over the past 12 weeks, indicating investor confidence in its potential upside [2]. - AIT has also maintained a price increase of 6.5% over the last four weeks, suggesting that the upward trend is still intact [2]. - Currently, AIT is trading at 96% of its 52-week high-low range, indicating a potential breakout opportunity [2]. Group 2: Fundamental Strength - AIT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [3]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3]. Group 3: Investment Strategy - The article suggests that AIT may not experience a trend reversal soon, making it a viable option for trend investors [4]. - In addition to AIT, there are other stocks that meet the criteria of the "Recent Price Strength" screen, providing additional investment opportunities [4]. - The article encourages investors to explore over 45 Zacks Premium Screens tailored to different investing styles, emphasizing the importance of historical profitability in stock-picking strategies [4].

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks S ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has Applied Industrial Technologies (AIT) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Applied Industrial Technologies is one of 227 individual stocks in the Industrial Products sector. Collectively, these companies sit at #3 in the Zacks Sector R ...

Have you been paying attention to shares of Applied Industrial Technologies (AIT) ? Shares have been on the move with the stock up 9.5% over the past month. The stock hit a new 52-week high of $184.74 in the previous session. Applied Industrial Technologies has gained 6.9% since the start of the year compared to the 2.6% move for the Zacks Industrial Products sector and the 3.2% return for the Zacks Manufacturing - General Industrial industry.What's Driving the Outperformance?The stock has an impressive rec ...

Major U.S. stock indices ended in green on Feb 7, with the S&P 500 and the Dow Jones industrial average each making an upward move. This was most likely driven by investors’ optimism surrounding the Federal Reserve’s latest report, which depicted a 5.7% annual decline in U.S. consumer credit data.Against this backdrop, stock market players might be in the mood for some good investments. However, since the share market has lately been on edge, we recommend stocks like Applied Industrial Technologies (AIT) , ...