FormFactor (FORM) 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 estimates for the company.Analysts' growing optimism on the earnings prospects of this integrated circuits diagnostic company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ear ...

Core Viewpoint - FormFactor (FORM) is positioned as a strong investment opportunity due to its improving earnings outlook and analysts' increasing earnings estimates [1][2]. Earnings Estimates - Analysts are optimistic about FormFactor's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2]. - The current-quarter earnings estimate is $0.34 per share, reflecting a 25.9% increase from the previous year [6]. - Over the last 30 days, three estimates have been revised upward with no negative revisions, resulting in a 28.95% increase in the Zacks Consensus Estimate for the current quarter [6]. - For the full year, the earnings estimate stands at $1.15 per share, unchanged from the previous year, but five estimates have been raised recently, contributing to a 16.11% increase in the consensus estimate [7][8]. Zacks Rank - FormFactor has achieved a Zacks Rank of 2 (Buy), indicating favorable estimate revisions that suggest strong potential for stock performance [9]. - The Zacks Rank system has a proven track record, with Zacks 1 (Strong Buy) stocks averaging a 25% annual return since 2008 [3]. Stock Performance - FormFactor shares have increased by 32.5% over the past four weeks, indicating investor confidence in the company's earnings growth prospects [10].