A strong stock as of late has been Plexus (PLXS) . Shares have been marching higher, with the stock up 29.9% over the past month. The stock hit a new 52-week high of $211.84 in the previous session. Plexus has gained 41.7% since the start of the year compared to the 0.7% gain for the Zacks Computer and Technology sector and the 12.5% return for the Zacks Electronics - Manufacturing Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't m ...

Shares of Arrow Electronics (ARW) have been strong performers lately, with the stock up 37.9% over the past month. The stock hit a new 52-week high of $160.63 in the previous session. Arrow Electronics has gained 44% since the start of the year compared to the -0.6% move for the Zacks Computer and Technology sector and the 34.4% return for the Zacks Electronics - Parts Distribution industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten th ...

Shares of Orange County Bancorp, Inc. (OBT) have been strong performers lately, with the stock up 16.7% over the past month. The stock hit a new 52-week high of $35.07 in the previous session. Orange County Bancorp, Inc. has gained 19.3% since the start of the year compared to the 0.5% move for the Zacks Finance sector and the 12.4% return for the Zacks Banks - Northeast industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our ear ...

Shares of SiTime (SITM) have been strong performers lately, with the stock up 23.2% over the past month. The stock hit a new 52-week high of $438.19 in the previous session. SiTime has gained 16.2% since the start of the year compared to the -2.8% gain for the Zacks Computer and Technology sector and the 10.7% return for the Zacks Electronics - Miscellaneous Products industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings cons ...

Have you been paying attention to shares of OMV AG (OMVKY) ? Shares have been on the move with the stock up 5.6% over the past month. The stock hit a new 52-week high of $15.04 in the previous session. OMV has gained 7.8% since the start of the year compared to the 13.2% gain for the Zacks Oils-Energy sector and the 16% return for the Zacks Oil and Gas - Integrated - International industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten the ...

Have you been paying attention to shares of Avnet (AVT) ? Shares have been on the move with the stock up 26.5% over the past month. The stock hit a new 52-week high of $63.1 in the previous session. Avnet has gained 29.8% since the start of the year compared to the 27.8% move for the Zacks Computer and Technology sector and the 38.4% return for the Zacks Electronics - Parts Distribution industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the ...

Shares of American Public Education (APEI) have been strong performers lately, with the stock up 15.6% over the past month. The stock hit a new 52-week high of $44.88 in the previous session. American Public Education has gained 10.5% since the start of the year compared to the -1.4% move for the Zacks Consumer Discretionary sector and the 5.2% return for the Zacks Schools industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the Zacks Consens ...

Have you been paying attention to shares of BRP Inc. (DOO) ? Shares have been on the move with the stock up 12.3% over the past month. The stock hit a new 52-week high of $81.89 in the previous session. BRP has gained 14.7% since the start of the year compared to the 10.8% gain for the Zacks Auto-Tires-Trucks sector and the -2.4% return for the Zacks Automotive - Original Equipment industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't miss ...

Core Viewpoint - Ericsson's stock has shown strong performance, with a 7.8% increase over the past month and reaching a new 52-week high of $10.53, although its year-to-date gain of 8.1% lags behind the broader sector and industry performance [1]. Financial Performance - Ericsson has consistently exceeded earnings expectations, reporting an EPS of $0.27 against a consensus estimate of $0.23 in its last earnings report [2]. - For the current fiscal year, Ericsson is projected to earn $0.63 per share on revenues of $24.6 billion, reflecting a -7.35% change in EPS and a 1.84% change in revenues [3]. - The next fiscal year forecasts an EPS of $0.71 on revenues of $25.32 billion, indicating a year-over-year growth of 14.02% in EPS and 2.94% in revenues [3]. Valuation Metrics - Ericsson's stock trades at 16.6 times the current fiscal year EPS estimates, below the peer industry average of 24.8 times [7]. - On a trailing cash flow basis, the stock trades at 16.2 times compared to the peer group's average of 18.7 times, with a PEG ratio of 1.97 [7]. Zacks Rank and Style Scores - Ericsson holds a Zacks Rank of 2 (Buy) due to rising earnings estimates, making it a suitable choice for investors looking for stocks with strong potential [8]. - The company has a Value Score of B, a Growth Score of A, and a Momentum Score of B, resulting in a combined VGM Score of A [6]. Industry Context - The Wireless Equipment industry is performing well, ranking in the top 25% of all industries, providing favorable conditions for both Ericsson and its peers [11]. - Clearfield, Inc. is highlighted as a strong competitor with a Zacks Rank of 1 (Strong Buy) and impressive earnings performance, indicating a competitive landscape [9][10].

Company Performance - Quanta Services (PWR) has seen strong stock performance, with an increase of 8.1% over the past month and reaching a new 52-week high of $483.29 [1] - The stock has gained 11.1% since the beginning of the year, matching the Zacks Construction sector's performance but lagging behind the Zacks Engineering - R and D Services industry's 18.5% return [1] Earnings and Revenue Expectations - Quanta Services has a strong record of positive earnings surprises, beating the Zacks Consensus Estimate in the last four quarters, with the latest EPS reported at $3.33 against an estimate of $3.25 [2] - For the current fiscal year, the company is expected to post earnings of $12.41 per share on revenues of $27.95 billion, with a year-over-year earnings growth of 17.23% [3] - For the next fiscal year, earnings are projected to be $14.66 per share on revenues of $31.15 billion, reflecting an 11.44% year-over-year change [3] Valuation Metrics - Quanta Services currently trades at a valuation of 37.8X current fiscal year EPS estimates, which is above the peer industry average of 25.1X [7] - On a trailing cash flow basis, the stock trades at 35X compared to the peer group's average of 15.5X, and it has a PEG ratio of 2.08, indicating it is not in the top echelon from a value perspective [7] Zacks Rank and Style Scores - Quanta Services holds a Zacks Rank of 2 (Buy) due to favorable earnings estimate revisions from analysts [8] - The company has a Value Score of D, a Growth Score of A, and a Momentum Score of C, resulting in a combined VGM Score of B [6] Industry Comparison - The Engineering - R and D Services industry is performing well, ranking in the top 16% of all industries, providing a favorable environment for both Quanta Services and its peer, Fluor Corporation (FLR) [12] - Fluor Corporation also has a Zacks Rank of 2 (Buy) and has shown strong earnings performance, beating consensus estimates by 54.55% [11]