From Nasdaq: 2024-04-01 15:53:00

Stocks with rising earnings estimates consistently outperform the S&P 500, while those with falling estimates underperform. The Zacks Rank simplifies the process of identifying these stocks, helping traders of all styles profit with confidence. NVIDIA, Progressive, and HCA Healthcare are examples of companies benefitting from positive earnings estimate revisions and gaining in stock value.

NVIDIA has seen a 15% increase since being rated a Zacks Rank #1, benefiting from the AI chip demand surge and record Q4 revenue of $22.1 billion.

Progressive shares have surged 15% since achieving a Zacks Rank #1, remaining attractive for growth-focused investors with expected earnings and sales growth in the coming years.

HCA Healthcare has seen a 9% rise since being rated a Zacks Rank #1, offering a shareholder-friendly investment opportunity with a 0.8% yield and steady dividend growth rate.

Following the Zacks Rank has consistently led to market-beating gains, with Zacks Rank #1 stocks like NVIDIA, Progressive, and HCA Healthcare showcasing the benefits of positive earnings estimate revisions. Experience Zacks’ picks for $1 for 30 days to discover more profitable opportunities.



Read more at Nasdaq: 3 Powerful Examples of the Zacks Rank