Company Performance - Ubiquiti Inc. reported quarterly earnings of $3 per share, exceeding the Zacks Consensus Estimate of $1.86 per share, and up from $1.28 per share a year ago, representing an earnings surprise of 61.29% [1] - The company posted revenues of $664.17 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 8.18%, compared to $493 million in the same quarter last year [2] - Ubiquiti has surpassed consensus EPS estimates four times over the last four quarters and topped consensus revenue estimates three times during the same period [2] Stock Outlook - Ubiquiti shares have increased approximately 6.4% since the beginning of the year, while the S&P 500 has declined by 3.7% [3] - The current consensus EPS estimate for the upcoming quarter is $1.94 on revenues of $594.82 million, and for the current fiscal year, it is $8.22 on revenues of $2.36 billion [7] Industry Context - The Wireless Equipment industry, to which Ubiquiti belongs, is currently ranked in the top 13% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that Ubiquiti's stock may outperform the market based on its current Zacks Rank 2 (Buy) [5][6]

Clearfield (CLFD) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.19 per share. This compares to loss of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 147.37%. A quarter ago, it was expected that this maker of fiber optic management products would post a loss of $0.31 per share when it actually produced a loss of $0.13, delivering a surprise of 58.06%.Over the l ...

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with InterDigital (IDCC) currently holding a Momentum Style Score of A [2] Group 2: InterDigital's Performance Metrics - InterDigital has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance, especially for stocks rated 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B [3] - Over the past week, IDCC shares increased by 8.89%, outperforming the Zacks Wireless Equipment industry, which rose by 3.5% [5] - In a longer timeframe, IDCC shares have increased by 12.16% monthly, while the industry performance was 18.73% [5] - Over the past quarter, IDCC shares rose by 3.23%, and over the last year, they gained 103.29%, contrasting with the S&P 500's movements of -7.56% and 9.65% respectively [6] Group 3: Trading Volume and Earnings Outlook - IDCC's average 20-day trading volume is 337,041 shares, which serves as a bullish indicator when combined with rising stock prices [7] - Recent earnings estimate revisions show positive trends, with one estimate moving higher for the full year, increasing the consensus estimate from $10.65 to $10.89 [9] - For the next fiscal year, two estimates have moved upwards with no downward revisions, indicating a favorable outlook [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, IDCC is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a compelling investment option [11]

Company Performance - Aviat Networks, Inc. reported quarterly earnings of $0.88 per share, significantly exceeding the Zacks Consensus Estimate of $0.23 per share, and up from $0.73 per share a year ago, representing an earnings surprise of 282.61% [1] - The company posted revenues of $112.64 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 7.66% and showing a slight increase from $111.61 million year-over-year [2] - Over the last four quarters, Aviat Networks has surpassed consensus EPS estimates two times and topped consensus revenue estimates twice [2] Stock Performance - Aviat Networks shares have increased approximately 4.9% since the beginning of the year, contrasting with the S&P 500's decline of 3.9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.86 on revenues of $123.18 million, and for the current fiscal year, it is $1.04 on revenues of $434.41 million [7] Industry Outlook - The Wireless Equipment industry, to which Aviat Networks belongs, is currently ranked in the top 19% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Ericsson (ERIC) - Ericsson currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook based on historical performance metrics [3] Performance Metrics - Over the past week, Ericsson's shares increased by 0.24%, while the Zacks Wireless Equipment industry rose by 2.37% [5] - In a longer timeframe, Ericsson's shares have appreciated by 10.03% monthly, outperforming the industry's 3.15% [5] - Over the last quarter, Ericsson's shares have risen by 9.01%, and they have surged by 59.81% over the past year, compared to the S&P 500's -6.91% and 13.12% respectively [6] Trading Volume - The average 20-day trading volume for Ericsson is 30,996,288 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, three earnings estimates for Ericsson have been revised upwards, increasing the consensus estimate from $0.48 to $0.57 [9] - For the next fiscal year, three estimates have moved higher, while one has been revised downwards [9] Conclusion - Given the strong performance metrics and positive earnings outlook, Ericsson is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for investors seeking short-term gains [11]

Company Performance - Juniper Networks reported quarterly earnings of $0.43 per share, exceeding the Zacks Consensus Estimate of $0.41 per share, and up from $0.29 per share a year ago, representing an earnings surprise of 4.88% [1] - The company posted revenues of $1.28 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.85%, compared to $1.15 billion in the same quarter last year [2] - Over the last four quarters, Juniper has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Future Outlook - The sustainability of Juniper's stock price movement will depend on management's commentary during the earnings call and the earnings outlook for the coming quarters [3][4] - The current consensus EPS estimate for the next quarter is $0.49 on revenues of $1.32 billion, and for the current fiscal year, it is $2.08 on revenues of $5.38 billion [7] - The estimate revisions trend for Juniper is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Wireless Equipment industry, to which Juniper belongs, is currently in the top 25% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Viewpoint - Motorola reported quarterly earnings of $3.18 per share, exceeding the Zacks Consensus Estimate of $3.01 per share, and showing an increase from $2.81 per share a year ago, representing an earnings surprise of 5.65% [1][2] Financial Performance - The company achieved revenues of $2.53 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.53%, and up from $2.39 billion year-over-year [2] - Over the last four quarters, Motorola has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Motorola shares have declined approximately 4.7% since the beginning of the year, compared to a decline of 5.3% for the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $3.49 on revenues of $2.77 billion, and for the current fiscal year, it is $14.68 on revenues of $11.4 billion [7] - The trend of estimate revisions for Motorola is mixed, which may change following the recent earnings report [6] Industry Context - The Wireless Equipment industry, to which Motorola belongs, is currently ranked in the top 25% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Core Viewpoint - InterDigital (IDCC) reported quarterly earnings of $4.21 per share, exceeding the Zacks Consensus Estimate of $3.72 per share, and showing an increase from $3.58 per share a year ago, indicating a strong performance in the wireless research and development sector [1][2] Financial Performance - The company achieved revenues of $210.51 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.32%, although this represents a decline from year-ago revenues of $263.54 million [2] - Over the last four quarters, InterDigital has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - InterDigital shares have increased approximately 3.8% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for it to outperform the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.80 on revenues of $139.51 million, and for the current fiscal year, it is $10.66 on revenues of $692.62 million [7] - The outlook for the wireless equipment industry is favorable, with the industry currently ranking in the top 25% of over 250 Zacks industries, suggesting potential for strong performance [8]

Company Performance - AST SpaceMobile, Inc. closed at $23.28, reflecting a +0.61% change from the previous day, which underperformed the S&P 500's gain of 1.81% [1] - Over the past month, shares of AST SpaceMobile have decreased by 11.41%, compared to a loss of 7.27% in the Computer and Technology sector and a 6.14% loss in the S&P 500 [1] Financial Projections - The upcoming earnings per share (EPS) for AST SpaceMobile is projected at -$0.16, indicating no change from the same quarter last year [2] - Revenue is expected to be $4 million, representing a significant growth of 700% compared to the same quarter of the previous year [2] - For the full year, the Zacks Consensus Estimates project an EPS of -$0.79 and revenue of $64.3 million, reflecting changes of -19.7% and +1355.41% respectively from the prior year [3] Analyst Estimates - Recent changes to analyst estimates indicate a favorable outlook on AST SpaceMobile's business health and profitability [4] - The Zacks Rank system, which assesses these estimate changes, currently rates AST SpaceMobile as 5 (Strong Sell) [6] - Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged [6] Industry Context - The Wireless Equipment industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 56, placing it in the top 23% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - IHS Holding has significantly outperformed its peers in the Computer and Technology sector year-to-date, with a return of 83.9% compared to an average loss of 8.9% for the sector [4]. Company Performance - IHS Holding is currently ranked 1 (Strong Buy) in the Zacks Rank system, indicating strong analyst sentiment and a positive earnings outlook [3]. - The Zacks Consensus Estimate for IHS' full-year earnings has increased by 30.9% in the past quarter, reflecting improved analyst sentiment [3]. - IHS Holding belongs to the Communication - Infrastructure industry, which is ranked 3 in the Zacks Industry Rank, with an average gain of 29.2% year-to-date [5]. Industry Comparison - The Computer and Technology sector includes 603 individual stocks and has a Zacks Sector Rank of 6, indicating its relative performance compared to other sectors [2]. - Another notable performer in the sector is ViaSat (VSAT), which has returned 34.8% year-to-date, but still lags behind IHS Holding [4]. - The Wireless Equipment industry, to which ViaSat belongs, is ranked 37 and has seen a slight decline of 0.6% year-to-date [6].