![]() ![]() Is all the good news already priced into PulteGroup? PulteGroup is still cheap, with a forward P/E of 7.7. Who would have thought it with mortgage rates at these levels? Shares of PulteGroup have soared this year, gaining 50% year-to-date. Earnings, however are still expected to be down 18.7% year-over-year as 2022 was a blockbuster year for earnings for most homebuilders. The analysts got too pessimistic about the homebuilders for 2023.ĥ estimates have been raised on PulteGroup in the last 30 days. ![]() PulteGroup is one of 9 homebuilders which are Zacks #1 Strong Buys right now. Is Shake Shack overbought or does it have further room to run?ĥ. Shares of Shake Shack are up 59% year-to-date, although they remain down 26% in the last 2 years. Earnings are expected to rise 122% to $0.07 from a loss of $0.31 last year. Shake Shack has turned around its earnings and is now expected to be earnings positive in 2023. Should you jump into LVMH for a luxury play?Ĥ. LVMH pays a dividend, currently yielding 1.3%. Shares of LVMH are up 33% year-to-date and are near 5-year highs on strong luxury consumer spending. It trades on the OTC market in the United States but Zacks has several earnings estimates for the company and they are moving higher.Įarnings for LVMH are expected to rise 23% in 2023 with 3 estimates higher in the last 30 days. LVMH is a French luxury lifestyle company based in Paris. LVMH Moet Hennessy Louis Vuitton ( LVMUY Quick Quote LVMUY - Free Report) Should you buy Chipotle on these new highs?ģ. It’s not cheap, with a forward P/E of 46, but Chipotle has rarely been a “value” stock. Shares of Chipotle are up 47% year-to-date and are also at new 5-year highs.Īnalysts expect earnings to rise 32.6% this year. ( CMG Quick Quote CMG - Free Report)Ĭhipotle has regained its throne as the king of the restaurants. If you are looking for a momentum stock with earnings growth this year, should Badger Meter be on your short list?Ģ. Shares of Badger Meter are up 27% year-to-date and are at 5-year highs.Įarnings for Badger Meter are expected to rise 19% year-over-year in 2023. ![]() ( BMI Quick Quote BMI - Free Report)īadger Meter is an industry leader in water solutions. To find the “hot” #1 ranked stocks, look for those trading within 5% of their 52-week highs.ġ. And with many companies beating earnings estimates and raising full year guidance this earnings season, there are plenty of companies where earnings estimates are being revised higher. ![]() Just 246 stocks are strong buys right now.Ī stock can get the top rank by analysts raising their earnings estimates for this year. How do you find the hottest top ranked stocks? You run a stock screen looking for only Zacks #1 (Strong Buy) stocks, which is the top Zacks Rank. And, surprise, they’re not all technology companies. While the S&P 500 is up just 7.7% this year, there are some individual stocks that are doing much better. It’s not all doom and gloom on Wall Street. This week, Tracey is going solo to talk about stocks that are breaking out in 2023. to Episode #358 of the Zacks Market Edge Podcast.Įvery week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.(15:30) - Episode Roundup: BMI, CMG, LVMUY, SHAK, PHM.(5:10) - Tracey’s Top Stock Picks For Your Portfolio Right Now.(0:30) - Finding Stocks That Are On Fire Right Now?. ![]()
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