Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 17:
TTM Technologies, Inc. TTMI: This company that manufactures and sells printed circuit boards has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.9% over the last 60 days.
TTM Technologies, Inc. Price and Consensus
TTM Technologies, Inc. price-consensus-chart | TTM Technologies, Inc. Quote
TTM’s shares gained 42.6% over the last three months compared with the S&P 500’s advance of 2.3%. The company possesses a Momentum Score of A.
TTM Technologies, Inc. Price
TTM Technologies, Inc. price | TTM Technologies, Inc. Quote
Advanced Energy Industries, Inc. AEIS: This company that supplies precision power conversion, measurement and control solutions for semiconductor manufacturing has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.
Advanced Energy Industries, Inc. Price and Consensus
Advanced Energy Industries, Inc. price-consensus-chart | Advanced Energy Industries, Inc. Quote
Advanced Energy’s shares gained 58.3% over the last three months compared with the S&P 500’s advance of 2.3%. The company possesses a Momentum Score of A.
Advanced Energy Industries, Inc. Price
Advanced Energy Industries, Inc. price | Advanced Energy Industries, Inc. Quote
Cameco Corporation CCJ: This company that produces uranium fuel and provides nuclear energy solutions globally has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.
Cameco Corporation Price and Consensus
Cameco Corporation price-consensus-chart | Cameco Corporation Quote
Companies ride the wave of AI for enhanced efficiency and superior quality, a groundbreaking ISG Provider Lens™ report highlights
Amidst the rapid evolution of artificial intelligence and cloud technologies, U.S. enterprises have undergone a metamorphosis in their approach to application development and management (ADM) strategies as per the latest research published by Information Services Group (ISG) III, a prominent global technology research and advisory firm.
Entrenched in a quest for cost optimization, U.S. companies have embraced AI technologies throughout the lifecycles of applications, catapulting the adoption of generative AI (GenAI) in early developmental stages, asserts the 2024 ISG Provider Lens™ Next-Gen ADM Services report for the U.S.
Leveraging AI tools has led to the automation of ADM tasks, resulting in enhanced software quality, minimized downtime, and boosted efficiency, as outlined in the report. This automation journey contributes to heightened developer productivity, reduced time to market, and proactive maintenance practices.
Prioritizing quality assurance, U.S. enterprises are exploring GenAI's potential applications in this realm. By automating test creation and scenario simulation, GenAI accelerates testing processes, uncovering discrepancies that might elude manual inspections. Companies tread cautiously, endeavoring to embed quality assurance mechanisms in GenAI to ensure ethical and optimal functionality.
A notable trend sees an increasing number of U.S. enterprises consolidating applications and underlying IT infrastructure engagements, enwrapping servers, networks, and cloud services, heralding optimized performance, scalability, security, and cost-efficiency, discloses the report.
Enterprises are gravitating towards major public cloud platforms for robust, scalable, and flexible applications, facilitated by orchestration tools like Kubernetes, microservices architectures, containerization, and DevOps methodologies. This strategic shift to the cloud harmonizes with market dynamics, enabling enterprises to pivot swiftly in response to evolving customer needs.
Fusion of site reliability engineering (SRE) with AI for IT operations (AIOps) heralds a new epoch in ADM operations, affirms the report. This blend harnesses machine learning and advanced analytics to navigate vast operational datasets, empowering companies with holistic insights into system performance and the ability to preemptively address potential glitches for seamless service delivery.
The report delves into additional ADM trends in the U.S., spotlighting providers' adeptness in catering to industry-specific demands, and the ascendancy of Agile and DevOps practices in continuous testing services, underpinning a narrative of ongoing evolution and adaptability in the technology sphere.
Cameco’s shares gained 36% over the last three months compared with the S&P 500’s advance of 2.3%. The company possesses a Momentum Score of A.
Cameco Corporation Price
Cameco Corporation price | Cameco Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Beyond Nvidia: AI’s Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren’t likely to keep delivering the biggest profits. Little-known AI firms tackling the world’s biggest problems may be more lucrative in the coming months and years.
TTM Technologies, Inc. (TTMI) : Free Stock Analysis Report
Cameco Corporation (CCJ) : Free Stock Analysis Report
Advanced Energy Industries, Inc. (AEIS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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