From Nasdaq:

Stocks like Amazon, Arista Networks, and Abercrombie & Fitch are nearing or breaking 52-week highs and boast a favorable Zacks Rank. Amazon, with 280% earnings growth expected, and Arista Networks, expected to see 43% earnings growth, are both moderately priced. Abercrombie & Fitch has exceeded the Zacks Consensus EPS Estimate by an average of 700%. These stocks could be great considerations for investors.

Amazon shares are currently a Zacks Rank #1 (Strong Buy), with 280% earnings growth expected on 11% higher sales. Arista Networks, a Zacks Rank #2 (Buy), has a strong revisions trend and is expected to see 43% earnings growth on 33% higher sales. Abercrombie & Fitch is a Zacks Rank #1 (Strong Buy) and has exceeded the Zacks Consensus EPS Estimate by an average of 700%.

Amazon, Arista Networks, and Abercrombie & Fitch have all seen better-than-expected quarterly results leading to an increase in share price. Undoubtedly, momentum has carried over into 2024, with these stocks breaking 52-week highs and pleasing investors.

For those seeking to tap into the strength of the market, these three stocks – Amazon, Arista Networks, and Abercrombie & Fitch – could be great considerations for investment.



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