Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

The Zacks Electronics - Miscellaneous Components industry has been suffering from macroeconomic uncertainties and end-market volatility. Moreover, geo-political tensions, unfavorable forex and high inflation weigh heavily on the industry’s prospects.Nevertheless, Novanta (NOVT) , OSI Systems (OSIS) , Rogers (ROG) and American Superconductor (AMSC) are well-poised to benefit from the solid adoption of AI and the democratization of IoT techniques, which are transforming robotics, transportation systems, retai ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 17th:Reinsurance Group of America, Incorporated (RGA) : This reinsurance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.Reinsurance Group’s shares gained 9.7% over the last three months compared with the S&P 500’s advance of 5.9%. The company possesses a Momentum Score of A.American Superconductor Corporation ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Sunoco LP (SUN) : This retailer of motor fuels has seen the Zacks Consensus Estimate for its current year earnings increasing 24.4% over the last 60 days.First Community Bankshares, Inc. (FCBC) : This financial holding company for First Community Bank has seen the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days.American Superconductor Corporation (AMSC) : This power resiliency solutions compa ...

AYER, Mass., June 12, 2024 (GLOBE NEWSWIRE) -- AMSC (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and protect and expand the capability of our Navy’s fleet, today announced it has entered into a multi-year and multi-unit delivery contract valued at approximately $75 million with Irving Shipbuilding Inc., a Halifax, Canada shipbuilder that has constructed over 80% of Canada’s Navy at sea today, for Ship Pr ...

AYER, Mass., June 12, 2024 (GLOBE NEWSWIRE) -- AMSC (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and protect and expand the capability of our Navy’s fleet, today announced it has entered into a multi-year and multi-unit delivery contract valued at approximately $75 million with Irving Shipbuilding Inc., a Halifax, Canada shipbuilder that has constructed over 80% of Canada’s Navy at sea today, for Ship Pr ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June11th:American Superconductor (AMSC) : This leading energy technologies company, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 66.7% over the last 60 days.American Superconductor’s shares gained 50.1% over the last three month compared with the S&P 500’s gain of 0.1%. The company possesses a Momentum Score of A.Cool Company Ltd. (C ...

Investors might want to bet on American Superconductor (AMSC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since ...

Shares of American Superconductor (AMSC) have been strong performers lately, with the stock up 55.4% over the past month. The stock hit a new 52-week high of $21.19 in the previous session. American Superconductor has gained 88.8% since the start of the year compared to the 16.9% move for the Zacks Computer and Technology sector and the 4.7% return for the Zacks Electronics - Miscellaneous Components industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...