AYER, Mass., May 23, 2024 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy’s fleet, announced today that it plans to release its fourth quarter and fiscal year 2023 financial results after the market close on Wednesday, May 29, 2024. In conjunction with this announcement, AMSC management will participate in a conference call with inve ...

AYER, Mass., May 23, 2024 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy’s fleet, announced today that it plans to release its fourth quarter and fiscal year 2023 financial results after the market close on Wednesday, May 29, 2024. In conjunction with this announcement, AMSC management will participate in a conference call with inve ...

Many highly successful stock pickers, including Warren Buffett, often buy stocks on weakness. That’s largely because companies that are great or are on their way to greatness often sink for reasons that are not at all justified. For example, on Feb. 21, Super Micro Computer (NASDAQ:SMCI) dropped to as low as $817.08 per share. Many investors wrung their hands about the stock’s valuation, even though it was not expensive, along with the firm’s decision to sell more shares of its stock. Of course, the latter ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is American Superconductor (AMSC) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.American Superconductor is a member of our Computer and Technology group, which includes 622 different companies and currently sits at #7 in the Zacks Sector ...

In 2024, the US economy is demonstrating remarkable strength and resilience. With a robust labor market and signs of sustained consumer spending, economists are increasingly optimistic about economic growth. Despite challenges such as inflation concerns and shifting U.S. Federal Reserve policies, the market remains buoyant, reflecting confidence in the economy’s ability to navigate these changes and continue on a positive trajectory.Renewable energy stocks enjoy an established presence in the market but are ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

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 ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Madison Square Garden Entertainment Corp. (MSGE) : This entertainment production company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 60 days.The AZEK Company Inc. (AZEK) : This building products company has seen the Zacks Consensus Estimate for its current year earnings increasing 15.6% over the last 60 days.Xerox Holdings Corporation (XRX) : This workplace technology company has see ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 7:Meta Platforms, Inc. (META) : This company which provides social media platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9% over the last 60 days.Meta Platforms' shares gained 42.2% over the last three months compared with the S&P 500’s advance of 12.5%. The company possesses a Momentum Score of A.American Superconductor Corporatio ...

American Superconductor (AMSC) closed the last trading session at $10.59, gaining 3.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13.33 indicates a 25.9% upside potential.The average comprises three short-term price targets ranging from a low of $9 to a high of $16, with a standard deviation of $3.79. While the lowest estimate indicates a decline of 15% from the current price ...