Group 1: Sanmina (SANM) - Sanmina is a global provider of electronics contract manufacturing services [1] - The company has a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 38.9% over the last 60 days [1] - Sanmina has a PEG ratio of 0.64 compared to the industry average of 1.79 [1] - The company possesses a Growth Score of A [1] Group 2: Great Lakes Dredge & Dock (GLDD) - Great Lakes Dredge & Dock is the largest provider of dredging services in the US [2] - The company has a Zacks Rank 1 (Strong Buy) [2] - The Zacks Consensus Estimate for its current year earnings has increased by 6.9% over the last 60 days [2] - Great Lakes Dredge & Dock has a PEG ratio of 1.02 compared to the industry average of 3.09 [2] - The company possesses a Growth Score of A [2] Group 3: Commercial Metals (CMC) - Commercial Metals manufactures, recycles, and markets steel and metal products [3] - The company has a Zacks Rank 1 (Strong Buy) [3] - The Zacks Consensus Estimate for its current year earnings has increased by 21.3% over the last 60 days [3]

Market Overview - The U.S. equity markets have experienced a downtrend, marked by a four-day losing streak due to concerns over economic health and high valuations of AI firms [1] - Job additions in November were better than expected at 64,000, surpassing the forecast of 45,000, yet the unemployment rate rose to a four-year high of 4.6%, raising doubts about the economy's state [1] Oil Market Impact - Crude oil prices in the U.S. have fallen to their lowest levels since 2021, influenced by a looming surplus in the market, adding to investor concerns [2] Investment Strategies - Investors are advised to consider momentum stocks as a strategy to navigate current market volatility, with examples including Dillard's, Inc. (DDS), Sanmina Corporation (SANM), and CommScope Holding Company, Inc. (COMM) [2] - Momentum investing is characterized by the principle of "buying high and selling higher," capitalizing on established trends [3] Momentum Stock Screening - A screening strategy has been developed to identify momentum anomaly stocks, focusing on the top 50 stocks with the best percentage price change over the last 52 weeks [5] - From these, the bottom 10 performers over the past week are selected to identify those experiencing short-term pullbacks [6] - Stocks with a Zacks Rank 1 (Strong Buy) and a Momentum Style Score of B or better are prioritized, indicating a higher probability of success [7] Selected Stocks - Dillard's, Inc. has seen a price increase of 49.1% over the past year but has declined by 11.4% in the past week, holding a Momentum Score of B [10] - Sanmina Corporation's stock has jumped 82.4% in the past year but fell by 15.6% in the past week, also with a Momentum Score of B [12] - CommScope has surged 189.9% over the past year but lost 11.8% in the past week, maintaining a Momentum Score of B [14]

Group 1: Micron Technology, Inc. (MU) - Micron Technology has a Zacks Rank of 1 and a PEG ratio of 0.33, significantly lower than the industry average of 1.26 [1] - The Zacks Consensus Estimate for Micron's current year earnings has increased by 22.4% over the last 60 days [1] - The company possesses a Growth Score of A, indicating strong growth characteristics [1] Group 2: Sanmina Corporation (SANM) - Sanmina Corporation also holds a Zacks Rank of 1 and has a PEG ratio of 0.61, compared to the industry average of 1.75 [2] - The Zacks Consensus Estimate for Sanmina's current year earnings has risen by 38.9% over the last 60 days [2] - The company has a Growth Score of A, reflecting its strong growth potential [2] Group 3: Phibro Animal Health Corporation (PAHC) - Phibro Animal Health Corporation carries a Zacks Rank of 1 and has a PEG ratio of 1.14, which is lower than the industry average of 1.65 [3] - The Zacks Consensus Estimate for Phibro's current year earnings has increased by 9.1% over the last 60 days [3] - The company possesses a Growth Score of B, indicating solid growth characteristics [3]

Group 1: Micron Technology, Inc. (MU) - Micron Technology has a Zacks Rank of 1 and a PEG ratio of 0.38, significantly lower than the industry average of 1.28 [1] - The Zacks Consensus Estimate for Micron's current year earnings has increased by 11.7% over the last 60 days [1] - The company possesses a Growth Score of A, indicating strong growth characteristics [1] Group 2: Sanmina Corporation (SANM) - Sanmina Corporation also holds a Zacks Rank of 1 and has a PEG ratio of 0.66, compared to the industry average of 1.85 [2] - The Zacks Consensus Estimate for Sanmina's current year earnings has seen a substantial increase of 38.9% over the last 60 days [2] - The company has a Growth Score of A, reflecting its strong growth potential [2] Group 3: Phibro Animal Health Corporation (PAHC) - Phibro Animal Health Corporation carries a Zacks Rank of 1 and has a PEG ratio of 1.14, which is lower than the industry average of 3.39 [3] - The Zacks Consensus Estimate for Phibro's current year earnings has increased by 9.1% over the last 60 days [3] - The company possesses a Growth Score of B, indicating solid growth characteristics [3]

Core Insights - Three stocks with strong growth characteristics and buy ranks are highlighted for investors to consider on December 4 Group 1: Allstate Corporation (ALL) - Allstate Corporation is an insurance company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 29.3% over the last 60 days [1] - The company has a PEG ratio of 0.39, significantly lower than the industry average of 1.71 [1] - Allstate possesses a Growth Score of B [1] Group 2: Sanmina Corporation (SANM) - Sanmina Corporation is a global provider of electronics contract manufacturing services with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 38.9% over the last 60 days [2] - The company has a PEG ratio of 0.64 compared to the industry average of 1.81 [2] - Sanmina possesses a Growth Score of A [2] Group 3: Commercial Metals Company (CMC) - Commercial Metals Company is involved in steel manufacturing and recycling, holding a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 24.4% over the last 60 days [3] - The company has a PEG ratio of 0.42, lower than the industry average of 0.71 [3] - Commercial Metals possesses a Growth Score of B [3]

Group 1: Allstate Corporation - Allstate Corporation is an insurance company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 30.3% over the last 60 days [1] - The company has a PEG ratio of 0.40, significantly lower than the industry average of 1.70 [1] - Allstate possesses a Growth Score of B [1] Group 2: Sanmina Corporation - Sanmina Corporation is a global provider of electronics contract manufacturing services with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 38.9% over the last 60 days [2] - The company has a PEG ratio of 0.64, compared to the industry average of 1.96 [2] - Sanmina possesses a Growth Score of A [2] Group 3: Commercial Metals Company - Commercial Metals Company is involved in steel manufacturing and recycling, holding a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 24.4% over the last 60 days [3] - The company has a PEG ratio of 0.42, lower than the industry average of 0.69 [3] - Commercial Metals possesses a Growth Score of B [3]

Core Insights - Three stocks with strong growth characteristics and buy ranks are highlighted for investors: Dycom Industries, Micron Technology, and Sanmina Corporation [1][2][3] Company Summaries - **Dycom Industries, Inc. (DY)**: - Provides specialty contracting services to the telecommunications sector - Zacks Rank 1 - Current year earnings estimate increased by 4.7% over the last 60 days - PEG ratio of 1.78 compared to the industry average of 2.66 - Growth Score of B [1] - **Micron Technology, Inc. (MU)**: - Engages in memory and storage products - Zacks Rank 1 - Current year earnings estimate increased by 5.9% over the last 60 days - PEG ratio of 0.46 compared to the industry average of 1.24 - Growth Score of A [2] - **Sanmina Corporation (SANM)**: - Global provider of electronics contract manufacturing services - Zacks Rank 1 - Current year earnings estimate increased by 38.9% over the last 60 days - PEG ratio of 0.63 compared to the industry average of 1.86 - Growth Score of A [3]

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for both new and experienced investors to enhance their stock market strategies and confidence in investing [1] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum, serving as complementary indicators to the Zacks Rank [2] - Stocks are rated from A to F, with A indicating the highest potential for outperforming the market [3] Value Score - The Value Style Score focuses on identifying undervalued stocks by analyzing financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Style Score assesses a company's financial health and future outlook, considering projected and historical earnings, sales, and cash flow to identify stocks with sustainable growth potential [4] Momentum Score - The Momentum Style Score helps investors capitalize on price trends by analyzing short-term price changes and earnings estimate revisions [5] VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores to identify stocks with the best overall potential, making it a valuable tool alongside the Zacks Rank [6] Zacks Rank - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [7] - There are typically over 800 stocks rated 1 or 2, making it essential for investors to utilize Style Scores to narrow down their choices [8] Stock Highlight: Sanmina Corporation - Sanmina Corporation, based in San Jose, CA, specializes in electronics contract manufacturing and offers comprehensive supply chain solutions across various sectors, including industrial, medical, and automotive [11] - Sanmina holds a 1 (Strong Buy) rating on the Zacks Rank and has a VGM Score of A, indicating strong growth potential with a forecasted year-over-year earnings growth of 59.6% for the current fiscal year [12] - The company has seen positive revisions in earnings estimates, with the Zacks Consensus Estimate increasing from $7.94 to $9.64 per share, and an average earnings surprise of +5.4% [12][13]

Group 1: Skillsoft Corp. (SKIL) - Skillsoft is an instructor-led training services company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 519.3% over the last 60 days [1] - Skillsoft has a PEG ratio of 0.31, which is lower than the industry average of 0.42, and possesses a Growth Score of B [1] Group 2: Micron Technology, Inc. (MU) - Micron Technology is a memory and storage products company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 23.6% over the last 60 days [2] - Micron has a PEG ratio of 0.43 compared to the industry average of 1.23, and possesses a Growth Score of A [2] Group 3: Sanmina Corporation (SANM) - Sanmina is a global provider of electronics contract manufacturing services with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 38.9% over the last 60 days [3] - Sanmina has a PEG ratio of 0.61, which is lower than the industry average of 1.69, and possesses a Growth Score of A [3]

Core Insights - Foxconn plans to invest between $2 billion and $3 billion annually in artificial intelligence [1] Company Investment Strategy - The investment in AI is part of Foxconn's strategy to enhance its capabilities as the world's largest contract electronics manufacturer [1]