Several stand-out stocks displaying relative strength have emerged over the last month, including Exact Sciences (EXAS) , Kaiser Aluminum (KALU) , and Atmus Filtration Technologies (ATMU) .Relative strength focuses on stocks that have performed at a higher level relative to the market or another relevant benchmark. By targeting stocks displaying this bullish price action, investors can find themselves in positive market trends where buyers are in control.Below is a chart illustrating the performance of each ...

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 ...

The Zacks Pollution Control industry’s growth is poised to benefit from strong demand for air pollution abatement products, thanks to rising greenhouse gas emissions and growing awareness among the masses regarding health-related risks. Strict laws and emission standards implemented by countries worldwide should continue to drive demand for industry participants.However, increased adoption of renewable sources of energy with rising preference for alternative fuels and electric vehicles have marred the outlo ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Atmus Filtration Technologies (ATMU) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Atmus Filtration Technologies is one of 226 individual stocks in the Industrial Products sector. Collectively, these companies sit at # ...

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 ...

With the Federal Reserve still signaling 75-basis points cut in interest rates and projecting strong U.S economic growth this year, it seems to be the right time to enter the market. However, it is not easy for individual investors to select stocks independently and generate robust returns.For this, one has to understand the fundamentals of a company and try to place them against the present economic background to figure out how it may fare as an investment. One way to cut short this task is to follow broke ...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Today, Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) announced the appointment of Diego Donoso and Stuart Taylor to its Board of Directors. “I am pleased to have Diego and Stuart join the Atmus Board of Directors at a pivotal time for our company,” said Steph Disher, CEO of Atmus. “Both Diego’s experience leading manufacturing and technology-focused companies and Stuart’s knowledge in both creating businesses and M&A activity will play vital roles as we purs ...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) today announced its separation from Cummins Inc. (“Cummins”), marking Atmus’ first day as a fully independent company. “Today we celebrate a new day for Atmus,” shared Steph Disher, Chief Executive Officer of Atmus. “As we look at what’s next for Atmus, we have a clear strategy along with a talented and dedicated team that continues to deliver the filtration solutions our customers expect from us. I am excited ab ...

Core Points - Cummins Inc. announced the final results of its exchange offer, where shareholders could exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. common stock [1][2] - The exchange offer expired on March 13, 2024, and was oversubscribed, leading to a pro rata acceptance of shares tendered [2][3] - Cummins accepted 5,574,051 shares of its common stock in exchange for 67,054,719 shares of Atmus common stock [1][2] Summary by Sections Exchange Offer Details - Total shares of Cummins common stock validly tendered: 65,176,180 - Shares tendered subject to proration: 64,081,568 - "Odd-lot" shares tendered not subject to proration: 1,094,612 - Final proration factor applied: 6.99255200% [2][3] Company Statements - Jennifer Rumsey, Chair and CEO of Cummins, expressed satisfaction with the separation, emphasizing value creation for both Cummins and Atmus shareholders [3] - Cummins will focus on innovative power solutions, while Atmus is positioned to advance its filtration technologies and expand into new markets [3] Financial Information - Cummins reported net sales of approximately $34.1 billion for the year ended December 31, 2023 [5]

One stock that might be an intriguing choice for investors right now is Atmus Filtration Technologies Inc. (ATMU) . This is because this security in the Pollution Control space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking pla ...