One inventory that is likely to be an intriguing selection for buyers proper now’s ACM Analysis, Inc. ACMR. It’s because this safety within the Finance area is seeing stable earnings estimate revision exercise, and is in nice firm from a Zacks Trade Rank perspective.
That is necessary as a result of, usually instances, a rising tide will elevate all boats in an trade, as there will be broad developments happening in a section which are boosting securities throughout the board. That is arguably happening within the Semiconductor Tools – Materials Companies area because it presently has a Zacks Trade Rank of 1 out of 247 industries, suggesting it’s well-positioned from this angle, particularly when in comparison with different segments on the market.
In the meantime, ACM Analysis is definitely trying fairly good by itself too. The agency has seen stable earnings estimate revision exercise over the previous month, suggesting analysts have gotten a bit extra bullish on the agency’s prospects in each the quick and long run.
In reality, over the previous month, present quarter estimates have risen from 18 cents per share to 37 cents per share, whereas present 12 months estimates have risen from $1.80 cents per share to $2.15 cents per share. This has helped (ACMR) to earn a Zacks Rank #1 (Sturdy Purchase), additional underscoring the corporate’s stable place.You’ll be able to see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So, in case you are on the lookout for a good choose in a powerful trade, think about ACM Analysis. Not solely is its trade presently within the high third, however it’s seeing stable estimate revisions as of late, suggesting it might be a really attention-grabbing selection for buyers searching for a reputation on this nice trade section.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
