Monday.com is highlighted as Bull of the Day, Polaris Inc. as Bear of the Day

From Nasdaq: 2024-11-25 03:07:00

Zacks Equity Research highlights Monday.com (MNDY) as the Bull of the Day and Polaris Inc. (PII) as the Bear of the Day. Monday.com has seen impressive earnings growth, with revenue soaring 190% over the past two years. The company’s Work OS platform serves over 225K customers in 200 countries. With revenue growth, EPS expansion, and positive outlook, Monday.com is considered a great growth tech stock.

NVIDIA Corporation (NVDA) posted strong Q3 results, with revenues up 94% and EPS up 103%. The company’s data center business saw significant growth, driven by demand for Superchips and Hopper chips. NVIDIA’s Blackwell platform is expected to drive further growth, with applications in cloud services and AI supercomputers.

Polaris Inc. (PII) faces a challenging retail environment, with Q3 earnings falling short of expectations. The company’s revenue is projected to decline in 2024, leading to a Zacks Rank #5 (Strong Sell). Polaris’ focus on managing dealer inventory and operational efficiency aims to navigate the challenging retail landscape.

NVIDIA stock remains attractively priced despite strong performance, with a forward earnings multiple lower than industry peers. The stock exhibits bullish chart patterns, trading above moving averages. With a solid profit margin and return on equity, NVIDIA is fundamentally strong and holds a Zacks Rank #1 (Strong Buy).

Zacks Investment Research has identified Monday.com (MNDY) as the Bull of the Day, showcasing strong growth potential. Zacks’ top stock-picking strategies have unveiled the 5 stocks with the highest probability of gaining +100% or more in the coming months, with one stock set to climb highest. For more insights and free stock analysis reports, visit Zacks.com.



Read more at Nasdaq: Monday.com and Polaris have been highlighted as Zacks Bull and Bear of the Day