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 ...

Group 1 - Madison Square Garden Entertainment Corp. (MSGE) has seen a 7.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The AZEK Company Inc. (AZEK) has experienced a 15.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Xerox Holdings Corporation (XRX) has reported a 16.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - American Superconductor Corporation (AMSC) has seen a significant 55.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Sensus Healthcare, Inc. (SRTS) has experienced a 14.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]

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 ...

Group 1 - American Superconductor Corporation (AMSC) has seen a 55.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Meta Platforms, Inc. (META) has experienced a 9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The Clorox Company (CLX) has recorded a 14.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - ImmunoPrecise Antibodies Ltd. (IPA) has seen an 8.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Kemper Corporation (KMPR) has experienced a 14.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]

AYER, Mass. , Jan. 31, 2024 (GLOBE NEWSWIRE) -- American Superconductor Corporation (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 and resiliency of our Navy's fleet, announced today that it has priced its underwritten public offering of 5,400,000 shares of its common stock at a public offering price of $11.25 per share. AMSC expects the gross proceeds from this offering ...

AYER, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) -- American Superconductor Corporation (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 and resiliency of our Navy's fleet, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. AMSC also expects to grant the underwriters a 30-day option to purchase additional shares of c ...

Investors might want to bet on American Superconductor (AMSC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. ...