It’s Not Too Late to Jump on These Under-the-Radar Momentum Plays
From Nasdaq: 2025-05-06 09:30:00
Momentum investors believe stocks on the rise will continue up unless conditions change. They measure momentum over different timeframes to enter positions with upside potential. Three stocks in various sectors show momentum, backed by positive analyst ratings, attracting investor interest.
Oddity Tech Ltd. (NASDAQ: ODD) beat earnings expectations, with shares up 70% in the last month. Revenue rose 27% YOY, gross margin strong at 74.9%. The company aims to reach $1 billion in revenue by 2028, expanding into Europe. Despite concerns about tariffs, Oddity leads online beauty shopping.
NeoGenomics Inc. (NASDAQ: NEO) experienced a recent downward trend but rallied 22% in early May. Raised guidance and a strategic acquisition of Pathline could fuel growth. However, volatility may continue due to earnings misses and changing federal policies affecting clients in the medical field.
Comfort Systems USA Inc. (NYSE: FIX) boasts unanimous Buy ratings and 19% upside potential. Shares surged 40% in the last month, driven by a growing backlog from data center investments. With double-digit revenue growth expected for 2025, the company stands to benefit from government efforts to bring manufacturing back to the U.S.
Read more at Nasdaq:: It’s Not Too Late to Jump on These Under-the-Radar Momentum Plays