Zacks #1 stocks, officially designated as Zacks Rank #1 (Strong Buy), are companies that Zacks Investment Research predicts will most likely outperform the overall market in the near future, typically within the next one to three months. This highest rank indicates strong earnings estimate revisions, a key factor in predicting stock price movement.
Understanding the Zacks Rank
The Zacks Rank is a proprietary stock-rating system developed by Zacks Investment Research. It ranges from #1 (Strong Buy) to #5 (Strong Sell), with the #1 rank being the most favorable. This system analyzes changes in analysts' earnings estimates, which Zacks considers the most important factor influencing stock prices. Companies that receive the #1 (Strong Buy) rank have consistently outperformed the S&P 500 significantly over the past decades, making them attractive to investors seeking potential market-beating returns.
To learn more about the methodology behind the Zacks Stock Rank, you can visit the Zacks Stock Rank explanation.
Current Zacks #1 Rank Top Movers
As of December 23, 2024, some of the companies holding the coveted Zacks Rank #1 (Strong Buy) designation, particularly those identified as "Top Movers," include:
| Company | Symbol | Price |
|---|---|---|
| NCR Atleos | NATL Quick Quote | 33.96 |
| Organogenesis | ORGO Quick Quote | 3.18 |
| Vince Holding | VNCE Quick Quote | 5.00 |
| JAKKS Pacific | JAKK Quick Quote | 27.09 |
These stocks represent diverse sectors but share the common characteristic of strong upward revisions in their earnings estimates, signaling positive fundamental momentum. It's important to note that stock ranks can change frequently based on new financial data and analyst revisions.
