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Here's Why Momentum in Great Lakes Dredge & Dock (GLDD) Should Keep going
ZACKS· 2025-07-07 13:50
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their recent uptrend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - Great Lakes Dredge & Dock (GLDD) is highlighted as a strong candidate for trend investing, having increased by 35.8% over the past 12 weeks, reflecting investor confidence [4]. - GLDD has also shown a price increase of 2.9% over the last four weeks, indicating that the upward trend is still intact [5]. Group 2: Fundamental Strength Indicators - GLDD is currently trading at 84.6% of its 52-week high-low range, suggesting it may be on the verge of a breakout [6]. - The stock holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6][7]. - The Average Broker Recommendation for GLDD is also 1 (Strong Buy), indicating strong optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Additional Insights - The article suggests that the price trend for GLDD is unlikely to reverse soon, and encourages consideration of other stocks that meet the criteria of the "Recent Price Strength" screen [8]. - It also mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can assist in identifying potential winning stocks [8].
Best Growth Stocks to Buy for July 7th
ZACKS· 2025-07-07 12:26
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today July 7th:Great Lakes Dredge & Dock (GLDD) These company which is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 39.1% over the last 60 days.Great La ...
Best Growth Stocks to Buy for July 3rd
ZACKS· 2025-07-03 10:01
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 3rd:European Wax Center, Inc. (EWCZ) : This franchisor and operator of out-of-home waxing services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 96.8% over the last 60 days.European Wax Center has a PEG ratio of 0.50 compared with 3.50 for the industry. The company possesses a  Growth Score of B.Dell Technologies Inc. (DELL) : This in ...
Great Lakes Announces Receipt of Four Dredging Awards including Woodside Louisiana LNG
Globenewswire· 2025-06-30 12:00
HOUSTON, June 30, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the "Company") (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today the receipt of four work awards. GLDD has received Notice to Proceed from Bechtel Energy for dredging work on the Woodside Louisiana LNG project, in the vicinity of Lake Charles, LA, along the Calcasieu River ship channel. The first phase of work, which was awarded in the second quarter of 2025, inclu ...
Best Growth Stocks to Buy for June 23rd
ZACKS· 2025-06-23 14:15
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today June 23rd:Great Lakes Dredge & Dock (GLDD) These company which is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 39.1% over the last 60 days.Great L ...
4 Stocks With Solid Net Profit Margins to Boost Portfolio Returns
ZACKS· 2025-06-17 13:25
Key Takeaways GLDD, TILE, CPRX and STRL all demonstrate solid net profit margins, reflecting operational strength. All have revised 2025 EPS estimates upward recently, highlighting confidence in their outlooks. All picks hold high Zacks Ranks and strong VGM Scores, supporting their upside potential.Investors focus on businesses that consistently generate profits. The net profit margin is key to assessing profitability. A higher net margin indicates a company's efficiency in converting sales into actual pr ...
Great Lakes Dredge & Dock (GLDD) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-06-16 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
Best Growth Stocks to Buy for June 16th
ZACKS· 2025-06-16 10:36
Group 1: LATAM Airlines Group S.A. (LTM) - LATAM Airlines Group S.A. is a passenger and cargo air transportation services company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for LATAM's current year earnings has increased by 22.3% over the last 60 days [1] - LATAM has a PEG ratio of 0.62, which is lower than the industry average of 0.64, and possesses a Growth Score of A [1] Group 2: Unisys Corporation (UIS) - Unisys Corporation is an information technology solutions company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Unisys's current year earnings has increased by 132% over the last 60 days [2] - Unisys has a PEG ratio of 0.51, significantly lower than the industry average of 2.84, and possesses a Growth Score of B [2] Group 3: Great Lakes Dredge & Dock Corporation (GLDD) - Great Lakes Dredge & Dock Corporation is a dredging services company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for Great Lakes Dredge & Dock's current year earnings has increased by 39.1% over the last 60 days [3] - Great Lakes Dredge & Dock has a PEG ratio of 1.00, compared to the industry average of 6.87, and possesses a Growth Score of A [3]
Want Outperformance? These 5 Stocks Show Relative Strength
ZACKS· 2025-06-05 18:55
Key Takeaways Five stocks are showing relative strength versus the market across 1, 4, and 12-week periods. OPFI, ALNT, PGY, GLDD and NTES all posted positive Q1 earnings estimate revisions in the past month. Each of the five stocks also meets key criteria, including price, volume, and a favorable VGM Score.Wall Street charged higher in May, snapping back from recent turbulence with renewed vigor. Driving this momentum were growing hopes of a U.S.-China trade deal, a tariff delay on the European Union, an ...
Best Growth Stocks to Buy for June 5th
ZACKS· 2025-06-05 13:31
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today June 5th:Strattec Security (STRT) This company which designs, develops, manufactures and markets mechanical locks, electro-mechanical locks and related products for automotive manufacturers with operations in the United States, Canada and Mexico, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.Strattec ...