Company Performance - Parker-Hannifin has gained approximately 36.9% year-to-date, outperforming the average gain of 14% for Industrial Products stocks [4] - The Zacks Consensus Estimate for Parker-Hannifin's full-year earnings has increased by 1.2% over the past 90 days, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Context - Parker-Hannifin is part of the Manufacturing - General Industrial industry, which consists of 42 companies and currently ranks 163 in the Zacks Industry Rank, with an average gain of 11.6% this year [5] - The Industrial Products group, which includes Parker-Hannifin, is ranked 12 within the Zacks Sector Rank, which encompasses 16 different groups [2] Comparison with Peers - Clear Secure, another stock in the Industrial Products sector, has seen a year-to-date increase of 50.9% and has a Zacks Rank of 1 (Strong Buy) [4][5] - The Security and Safety Services industry, which includes Clear Secure, has gained 26.1% since the beginning of the year and is ranked 145 [6]

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. Whi ...

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Have you been paying attention to shares of Parker-Hannifin (PH) ? Shares have been on the move with the stock up 5.8% over the past month. The stock hit a new 52-week high of $629.18 in the previous session. Parker-Hannifin has gained 35% since the start of the year compared to the 12.2% move for the Zacks Industrial Products sector and the 10.7% return for the Zacks Manufacturing - General Industrial industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, ...

I wrote a piece on Parker-Hannifin (NYSE: PH ) at the start of the year where I outlined a high conviction idea of mine in the industrial sector, with a growing presence in aerospace. Since then, shares I'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can compound their invested capital over lon ...

Parker-Hannifin Corporation (PH) stands to benefit from strength across its businesses, strategic acquisitions and focus on operational excellence. The company remains focused on investing in growth opportunities and solidifying its long-term market position. PH, which has a market capitalization of $80.3 billion, currently carries a Zacks Rank #2 (Buy). Let's delve into the factors that have been aiding the firm for a while now. End-Market Strength: Parker-Hannifin's Aerospace Systems segment has been bene ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Parker-Hannifin (PH) one of those stocks right now? 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. Parker-Hannifin is a member of our Industrial Products group, which includes 219 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is made easy w ...

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Peter Lynch's "One Up On Wall Street" remains one of the best investing books ever written for beginners. Among other teachings, one of the greatest lessons for investors is that one does not have to look for flashy things when it comes to finding the right investments. In today's artificial intelligence era, it is easy to get lost among high-flying tech names while searching for alpha opportunities. However, there are boring businesses that print money and still trade at attractive valuation multiples. Par ...