For investors seeking powerful momentum plays, three standout stocks warrant a closer look on April 16th:
Naspers (NPSNY): A diverse multinational media group, Naspers secured a Zacks Rank #1(Strong Buy) with a 4.2% surge in the Zacks Consensus Estimate for its yearly earnings over the past 60 days.
Naspers Ltd. Performance and Forecast
Naspers shares outperformed, marking an 11.6% gain in the last quarter, surpassing the S&P 500’s rise of 6.9%. The company boasts an A-grade Momentum Score.
Naspers Ltd. Price Trend
The pricing trend for Naspers remains strong, reflecting positive growth potential in the market.
Uber Technologies (UBER): Uber, known for its proprietary technology applications, achieved a Zacks Rank #1 and saw a 4.4% hike in its yearly earnings estimate over the past two months.
Uber Technologies, Inc. Outlook
Uber’s stock surged by 15.3% over the last quarter, outshining the S&P 500. The company’s Momentum Score stands at B.
Uber Technologies, Inc. Market Value
Uber remains a strong player in the market, showcasing consistent performance and growth.
Applied Materials (AMAT): A key global supplier in the semiconductor and solar industries, Applied Materials earned a Zacks Rank #1 with a 3.7% surge in its yearly earnings forecast over the past 60 days.
Applied Materials, Inc. Potential and Prospects
Applied Materials shares spiked by an impressive 34.0% in the last quarter, far outperforming the S&P 500. The company carries a solid Momentum Score of B.
Applied Materials, Inc. Financial Performance
Applied Materials continues to show robust financial performance and investor interest, signaling a promising future.
See the complete list of top-ranked stocks here
Learn more about the Momentum score and its calculation here.
Infrastructure Stock Boom to Sweep America
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Applied Materials, Inc. (AMAT): Free Stock Analysis Report
Naspers Ltd. (NPSNY): Free Stock Analysis Report
Uber Technologies, Inc. (UBER): Free Stock Analysis Report