Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 22nd: Hawkins (HWKN) : This company which distributes, blends and manufactures bulk and specialty chemicals and other health and nutrition products for its customers in a wide variety of industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its cuurent yearearnings increasing 3.4% over the last 60 days. Hawkins' shares gained 17.8% over the last three month c ...

Ericsson (ERIC) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual investor ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Hyster-Yale, Inc. (HY) : This lift trucks, attachments, and aftermarket parts company has seen the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days. HashiCorp, Inc. (HCP) : This multi-cloud infrastructure automation solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 92.9% over the last 60 days. Tilray Brands, Inc. (TLRY) : This medical cannabis pr ...

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. Eve ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Ericsson (ERIC) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. Ericsson is one of 621 companies in the Computer and Technology group. The Computer and Technology group currently sits at #1 within the Zacks Sector Rank. The ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of ...

Ericsson (ERIC) has secured a 5G contract with Chunghwa Telecom to modernize Taiwan's network infrastructure. The collaboration with the Taiwan-based service provider builds on a Memorandum of Understanding signed at Mobile World Congress 2024, where both companies committed to advancing 5G technology focusing on intelligent network operations and AI-driven energy efficiencies. How Will ERIC's Solutions Aid Chunghwa Telecom? The contract encompasses Ericsson's comprehensive 5G Radio Access Network (RAN) por ...

Key Takeaways A jump in North American sales helped Ericsson's third-quarter earnings and revenue beat analysts' estimates. The Swedish telecom said North American sales were up 51% from a year ago on recent contract wins and investments by some large customers. The company said it sees the North American market stabilizing. Ericsson's (ERIC) U.S.-listed shares surged Tuesday after the communications technology provider reported better-than-expected results on strong sales in North America. The Swedish tele ...

Ericsson (ERIC) reported relatively healthy third-quarter 2024 results, with both the top and bottom lines beating the respective Zacks Consensus Estimate. However, the company reported a top-line contraction year over year, owing to demand softness in Asia, Africa, The Middle East, and Oceania region. Solid sales growth in North America partially reversed this negative trend. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Higher IPR licensing revenues, cost optimization and a rob ...

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q3 2024 Earnings Conference Call October 15, 2024 3:00 AM ET Company Participants Daniel Morris - Head of IR Borje Ekholm - President and CEO Lars Sandstrom - CFO Conference Call Participants Alex Duval - Goldman Sachs Joachim Gunell - DNB Markets Francois Bouvignies - UBS Andreas Joelsson - Carnegie Sebastien Sztabowicz - Kepler Cheuvreux Erik Rojestal - SEB Jakob Bluestone - BNP Paribas Rob Sanders - Deutsche Bank Sandeep Deshpande - JPMorgan Daniel Dju ...