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Surging Earnings Estimates Signal Upside for Onto Innovation (ONTO) Stock
ONTOOnto Innovation(ONTO) Zacks Investment Research·2024-05-15 17:26

The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Onto Innovation (ONTO) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimat ...