Core Insights - Three stocks are highlighted with strong buy rankings and positive momentum characteristics for investors to consider on February 5th Group 1: Cavco Industries (CVCO) - Cavco Industries designs and produces factory-built housing products, primarily distributed through independent and company-owned retailers [1] - The company has a Zacks Rank of 1 (Strong Buy) and a 3.1% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - Shares gained 12.7% over the last three months, outperforming the S&P 500's gain of 4.3%, and possesses a Momentum Score of A [2] Group 2: Shore Bancshares (SHBI) - Shore Bancshares is a bank holding company engaged in banking through two subsidiaries [2] - The company also has a Zacks Rank of 1 and a 6.3% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - Shares gained 10.7% over the last three months, again outperforming the S&P 500's gain of 4.3%, and possesses a Momentum Score of A [2] Group 3: Flexsteel Industries (FLXS) - Flexsteel Industries is involved in the design, manufacture, and sale of a broad line of quality upholstered furniture for various uses [3] - The company holds a Zacks Rank of 1 and an 8.6% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [3] - Shares gained 5.4% over the last three months, slightly outperforming the S&P 500's gain of 4.3%, and possesses a Momentum Score of B [4]
Best Momentum Stock to Buy for February 5th