As investors navigate the ever-changing landscape of the stock market, three potential opportunities stand out on April 24th, each presenting a unique momentum story worth delving into:
Blazing Trails: eBay Inc.
eBay Inc. EBAY: Hailed as the digital agora, this online marketplace has garnered a Zacks Rank #1 status, reflecting strong investor sentiment. Impressively, the Zacks Consensus Estimate for its current year earnings has surged by 5.2% in the past 60 days.
Zooming In on eBay Inc. Performance
eBay’s meteoric rise of 21.5% over the last quarter puts the S&P 500’s humble 2.6% climb to shame. Boasting a Momentum Score of A, eBay positions itself as a tantalizing prospect for momentum investors.
Orion Group Holdings, Inc. ORN: This specialty construction firm commands attention with its Zacks Rank #1 accolade. Over the past 60 days, the Zacks Consensus Estimate for its current year earnings has skyrocketed by almost 35.7%, heralding a period of robust growth.
Plotting Orion Group Holdings, Inc.’s Trajectory
Orion has been a standout performer, surging by 31.4% in the last three months, against the backdrop of the S&P 500’s meek 2.6% gain. With a Momentum Score of B, Orion is carving its path to success.
AGNC Investment Corp. AGNC: The real estate investment trust arena sees AGNC standing tall with a Zacks Rank #1 badge. Encouragingly, the Zacks Consensus Estimate for its current year earnings has risen by 3.4% in the last two months.
Decoding AGNC Investment Corp.’s Trajectory
AGNC has notched an impressive 34.2% surge in the past six months, trumping the S&P 500’s 20% growth. Backed by a Momentum Score of B, AGNC is making waves in the investment realm.
Peruse the complete top-ranked stock list here to uncover more probable investment gems.
Dive deeper into the intricacies of the Momentum score and its calculation here.
Riding the Bitcoin Wave to Stellar Gains
Embarking on an investment journey akin to riding a rocket to the moon, Bitcoin has emerged as the golden goose for shrewd investors. Despite its rollercoaster nature, Bitcoin has outshone all other investment avenues, boasting staggering returns. In the past three presidential election years, Bitcoin has offered gains of 272.4% in 2012, 161.1% in 2016, and a phenomenal 302.8% in 2020. With Zacks predicting another meteoric surge on the horizon, the Bitcoin fever shows no signs of abating.
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