Wall Street ended January in a zigzag fashion after an astonishing rally in 2023. The first half of last month was marred by volatility as market participants remained uncertain about when the Fed would start interest rate cuts.However, the situation changed in the second half following the release of several strong economic data and steadily falling inflation data. However, U.S. stock markets tumbled on the last day of January after the Fed denied the possibility of the first rate cut in March.Meanwhile, W ...

Over the past two years, the manufacturing sector in the United States has been badly hit by the Federal Reserve’s tight monetary policy regime. However, the sector rebounded in January amid an uptick in new orders and production.The Institute for Supply Management (“ISM”) said on Thursday that the manufacturing PMI came in at 49.1 in January against a consensus of 47.6, increasing significantly from the December number, which was revised down to 47.1. This marks the 15th straight month that the PMI has rem ...

FORT WORTH, Texas, Feb. 1, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced financial guidance for fiscal year 2025 and reaffirmed previously issued guidance for fiscal year 2024. Fiscal year 2025 refers to the 12-month period beginning March 1, 2024 and ending on February 28, 2025.  Reaffirming Previously Issued FY 2024 Guidance New FY 2025 Guidance (1) Sales $1.45 - $1.55 billion $1.5 - $1.6 billion ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

One stock that might be an intriguing choice for investors right now is AZZ Inc. (AZZ) . This is because this security in the Manufacturing - Electronics space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Manufac ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 30th:EnerSys (ENS) : This stored energy solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.3% over the last 60 days.EnerSys has a PEG ratio of 0.81 compared with 1.61 for the industry. The company possesses a Growth Score  of B.AZZ Inc. (AZZ) : This galvanizing and coil coating solutions company carries a Zacks Rank ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...

FORT WORTH, Texas, Jan. 18, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced its Board of Directors has authorized a third quarter cash dividend in the amount of $0.17 per share on the Company's outstanding shares of common stock. The dividend is payable on February 7, 2024, to shareholders of record as of the close of business on January 30, 2024. While AZZ currently intends to pay regular quarterly cash dividends ...

Progressing through this earnings season, several companies are standing out after widely surpassing earnings expectations.With representation from a variety of sectors here are three companies to buy stock in after favorable quarterly results last week.AZZ (AZZ) Sector: Industrial Products Notably, the Zacks Manufacturing-Electronics Industry is currently in the top 6% of over 250 Zacks industries and AZZ Inc. is benefiting as a provider of metal coating services and welding solutions. To that point, AZZ r ...