Three stocks were added to the Zacks Rank #5 (Strong Sell) List: Actelis Networks, Inc. (ASNS) provides networking solutions for IoT applications with a 45.5% downward revision in earnings estimate. Equinox Gold Corp. (EQX) focuses on mineral properties with a 26.5% downward revision. Cantaloupe, Inc. (CTLP) offers digital payment services with a 6.7% downward revision.
The demand for data is driving a digital gold rush in the semiconductor market. Companies supplying hardware for data centers are positioned for growth, with one chipmaker standing out for its unique products. Investors can access this stock for free to capitalize on the market’s next growth stage.
For more in-depth analysis and stock reports, free stock analysis reports for ASNS, EQX, and CTLP are available on Zacks Investment Research. This information was originally published on Zacks.com.
Read more at Nasdaq: New Strong Sell Stocks for Oct. 20
