Group 1: Credo Technology Group - Credo Technology Group is a provider of high-performance serial connectivity solutions for various markets including hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence, and high-performance computing [1] - The company has a Zacks Rank of 1 (Strong Buy) and its current year earnings estimate has increased by 19.4% over the last 60 days [1] - Credo's shares have gained 73.6% over the last three months, significantly outperforming the S&P 500's gain of 3.6% [2] Group 2: Ferguson plc - Ferguson plc is a distributor of plumbing and heating products primarily serving professional contractors and consumers in the USA, UK, Nordics, Canada, and Central Europe [2] - The company also holds a Zacks Rank of 1 and has seen a 1.7% increase in its current year earnings estimate over the last 60 days [2] - Ferguson's shares have increased by 29.3% over the last three months, again outperforming the S&P 500's gain of 3.6% [3]
Best Momentum Stock to Buy for June 6th