Insight into Top Momentum Stocks for Investment Insight into Top Momentum Stocks for Investment

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By Ronald Tech


Viad Corp: Riding the Experiential Events Wave

Viad Corp, an experiential events company, is making waves in the market with its Zacks Rank #1. In the last 60 days, the Zacks Consensus Estimate for its current year earnings has surged by an impressive 21.4%. Viad Corp’s stock has outperformed the S&P 500, boasting a gain of 38.9% over the past six months.

Diversified Energy Company PLC: Fueling Growth in Oil & Gas

Diversified Energy Company PLC, an independent oil and gas producer, is on the rise with a Zacks Rank #1. The company has seen a remarkable 843.5% surge in the Zacks Consensus Estimate for its next year earnings over the last 60 days. With a momentum score of B, Diversified Energy’s stock has soared by 7.9% in the last month, outshining the S&P 500.

PennyMac Financial Services, Inc.: Navigating the Financial Terrain

PennyMac Financial Services, Inc., a financial services firm, is strategically positioned with a Zacks Rank #1. The company has witnessed a 1.9% increase in the Zacks Consensus Estimate for its next year earnings in the past 60 days. PennyMac Financial Services’ stock has gained 4% in the last month, surpassing the S&P 500.

Unlocking the Potential of Semiconductor Stocks

Delve into the semiconductor industry, where Zacks has identified a new top chip stock with vast potential for growth. With predictions of substantial earnings growth and a widening customer base, this stock is primed to capitalize on the escalating demand for Artificial Intelligence, Machine Learning, and Internet of Things. As global semiconductor manufacturing is set to skyrocket from $452 billion in 2021 to $803 billion by 2028, there is ample room for this stock to thrive.

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