GM and 4 Stocks With Relative Price Strength to Buy Now

Core Insights - U.S. stocks are demonstrating strong performance, with major indexes rising and investor sentiment improving due to solid economic data and expectations for further monetary easing [1][2] - The market is entering a historically strong period, supported by positive earnings reports and improving growth forecasts, making it favorable for risk assets [2] - Investors are encouraged to focus on stocks with relative price strength, which indicates potential for significant returns [3][5] Company Highlights - Agnico Eagle Mines Limited (AEM): A gold producer with a market cap of $87.5 billion, AEM has seen its earnings estimates rise by 8.8% over the past 60 days and its shares have doubled in a year [12][13] - General Motors Company (GM): Holding a 16.5% share of the U.S. auto market, GM has a market cap of nearly $70 billion, with earnings estimates increasing by 9.9% over the last 60 days and shares gaining 36% in a year [13][14] - Great Lakes Dredge & Dock (GLDD): As the top dredging contractor in the U.S., GLDD has a market cap of $868.4 million and is projected to have 31% earnings growth for 2025, with a 7.8% increase in earnings estimates over the past 60 days [15][16] - BrightSpring Health Services (BTSG): This company focuses on home and community-based care, with a projected EPS growth rate of 53.3% over three to five years. Its earnings estimates have increased from $0.90 to $1.12, and shares have risen by 89.1% in a year [17][18] - Everus Construction Group (ECG): With a market cap of $4.7 billion, ECG has seen a 23% increase in earnings estimates over the past 60 days and shares have increased by 38.7% in a year [19][20] Investment Strategy - A relative price strength strategy is recommended, focusing on stocks that outperform their sectors and have solid fundamentals, as these are more likely to yield considerable returns [5][6][7] - Stocks that have shown better performance than the S&P 500 over the last 1 to 3 months and have positive earnings revisions are considered optimal for investment [7][8] - Screening parameters include positive relative price changes over various time frames and upward revisions in earnings estimates for the current quarter [9][10]