On June 27th, investors seeking potential growth should look into these three promising stocks:
Why Texas Pacific Land Stands Out?
Texas Pacific Land (TPL) is solidifying its position in the market by leveraging its vast land holdings in Texas and diversifying revenue streams through various means such as infrastructure projects and hydrocarbon processing facilities. The company’s Zacks Rank #1 (Strong Buy) status, along with a 5.3% increase in the Zacks Consensus Estimate for this year’s earnings over the last 60 days, highlights its growth potential.
Positive Performance Trends for Texas Pacific Land
Over the past three months, Texas Pacific Land’s shares have surged by 28.9%, significantly outperforming the S&P 500’s gain of 4.3%. The company’s commendable Momentum Score of A further underscores its upward trajectory.
Matson: Riding the Wave of Success
Matson (MATX), specializing in ocean transportation and logistics services, is another top contender with a Zacks Rank #1. The company has seen a substantial 23.3% increase in the Zacks Consensus Estimate for its current year earnings within the last 60 days.
Momentum Building for Matson
Matson has been on an upward trajectory, with its shares climbing by 16.0% in the last three months, surpassing the S&P 500’s gain. With a Momentum Score of B, Matson continues to showcase strong growth potential.
Camtek: An Optical Focus on Growth
Camtek (CAMT), known for its innovative optical inspection systems, has garnered attention with a Zacks Rank #1 and an impressive 9.7% increase in the Zacks Consensus Estimate for this year’s earnings over the past 60 days.
Rising Momentum for Camtek
Camtek’s shares have soared by 35.3% in the last three months, demonstrating robust growth compared to the S&P 500. With a Momentum Score of B, Camtek is poised for continued success.
Find the full list of top-ranked stocks here.
For more insights on the Momentum score and its calculation, click here.
Keep an Eye Out! These Stocks Could Surprise:
Analysts might be underestimating certain stocks. With potential earnings announcements, there could be a significant stock price jump.
Free Stock Analysis Report for Camtek Ltd. (CAMT)
Free Stock Analysis Report for Matson, Inc. (MATX)
Free Stock Analysis Report for Texas Pacific Land Corporation (TPL)