Unlocking the Power of Momentum: Your Top Stock Picks for June 26th

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By Ronald Tech

As investors tiptoe through the landmines of Wall Street, seeking to unearth those precious gems that promise both profits and momentum, let’s delve into three robust contenders glittering with potential on this fine day of June 26th.

Onto Innovation Inc.: A Metrology Marvel

Leading the charge is Onto Innovation Inc., a company specializing in the intricate dance of semiconductor design, development, and inspection. Armed with a formidable Zacks Rank #1 (Strong Buy), Onto Innovation is on a soaring trajectory, witnessing a 7.5% surge in Zacks Consensus Estimate for current year earnings over the past 60 days.

Shooting for the Stars

Onto Innovation’s market performance speaks volumes, with its shares vaulting 21.5% over the last three months, overshadowing the S&P 500’s modest gains. Boasting a Momentum Score of A, this company is a force to be reckoned with, poised for continued ascent in the competitive semiconductor realm.

Superior Group of Companies Inc.: Stitched for Success

Next in line is the Superior Group of Companies Inc., a stalwart in apparel and accessory manufacturing both domestically and overseas. With a Zacks Rank #1 in its arsenal, this company has seen a robust 17.2% surge in Zacks Consensus Estimate for current year earnings over the past 60 days.

A Stitch in Time

Superior Group of Companies has stitched together a commendable 12.4% ascent in shares over the last three months, outpacing the S&P 500. Garnering a Momentum Score of B, this company exudes the flair and finesse needed to thread through the volatile market landscape.

Geopark Ltd: Fueling the Future

Rounding out our trio is Geopark Ltd, an exploration and operation behemoth in the oil and gas domain. With a Zacks Rank #1 in its arsenal, Geopark has witnessed a steady 2.9% growth in Zacks Consensus Estimate for current year earnings over the past 60 days.

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Fueling Growth

Geopark’s shares have been ablaze, surging 19.4% over the last three months, overshadowing the S&P 500’s gains. Endowed with a Momentum Score of B, Geopark is positioned to light up the horizon in the oil and gas sector.

For a comprehensive list of top-ranked stocks, explore the horizons here.

To grasp the essence of the Momentum score and its alchemical calculations, click here.