September 17th brings forth a tantalizing selection of stocks exuding momentum, enticing investors into a whirlwind of potential gains. Let’s delve into a trio of companies captivating the financial stage:
The Progressive Corporation: Speeding Ahead
The Progressive Corporation (PGR), synonymous with independent agency prowess in private passenger auto coverage, has redefined the art of acceleration, firmly establishing itself as the market share torchbearer in motorcycle products since 1998. With a Zacks Rank #1 (Strong Buy) badge gleaming, the company has seen a 5.8% surge in the Zacks Consensus Estimate for its current year earnings over the past 60 days.
Progressive’s Unstoppable Stock Surge
Driving through the financial freeway, The Progressive’s shares have surged by an impressive 23.2% over the last three months, dwarfing the S&P 500’s modest 3.3% incline. Batting a perfect score with a Momentum Score of A, this is a stock that’s poised to shift into high gear.
Canadian Imperial Bank of Commerce: Banking on Success
The Canadian Imperial Bank of Commerce (CM), a financial juggernaut of North America, extends its roots far and wide through a robust electronic banking network sprawled across Canada, the US, and beyond. Garnering a Zacks Rank #1, this institution witnessed a striking 6.1% surge in its Zacks Consensus Estimate for current year earnings over the past 60 days.
Canadian Imperial Bank’s Financial Odyssey
Venturing through the turbulent waters of the financial realm, Canadian Imperial Bank’s shares have sailed triumphantly with a 31.4% gain over the last three months, leaving the S&P 500’s slow-paced progress in its wake. With a Momentum Score of A, this stock is setting sail for prosperous horizons.
Axis Capital Holdings: Shielded Superiority
Axis Capital Holdings (AXS), a paragon in dispensing specialized insurance and reinsurance solutions across the globe, stands as a stalwart beacon of solidity. Boasting a Zacks Rank #1, the company has witnessed a robust 6.7% surge in the Zacks Consensus Estimate for its current year earnings over the last 60 days.
Axis Capital Holdings’ Fortified Position
Navigating the tumultuous seas of the financial industry, Axis Capital Holdings’ shares have weathered the storm and emerged victorious with a 15.1% surge over the past three months, outstripping the S&P 500’s lackluster 3.3% rise. Fortified with a pristine Momentum Score of A, this is a stock armored for success.
For investors seeking further insights, the complete roster of top-ranked stocks awaits. Delve deeper into the mechanics of the Momentum score and unravel its mysteries here.
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