Nasdaq Technology

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 9th:

The Dow Jones Industrial Average emerged relatively unscathed from the latest Fed official comments that higher rates will likely stay for some time. The blue-chip index gained for six consecutive days, marking its longest winning

Ares Commercial Real Estate (ACRE) reported $44.03 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 11%. EPS of -$0.62 for the same period compares to $0.27 a year ago.

Tapestry (TPR) reported $1.48 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.8%. EPS of $0.81 for the same period compares to $0.78 a year ago.

For the quarter ended March 2024, Warner Bros. Discovery (WBD) reported revenue of $9.96 billion, down 6.9% over the same period last year. EPS came in at -$0.40, compared to $0.18 in the year-ago quarter.

For the quarter ended March 2024, Spectrum Brands (SPB) reported revenue of $718.5 million, down 1.5% over the same period last year. EPS came in at $1.62, compared to -$0.14 in the year-ago quarter.

Jackson Financial (JXN) reported $-322 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 57%. EPS of $4.23 for the same period compares to $3.15 a year ago.

For the quarter ended March 2024, Nutrien (NTR) reported revenue of $5.39 billion, down 11.8% over the same period last year. EPS came in at $0.46, compared to $1.11 in the year-ago quarter.

Pan American Silver (PAAS) reported $601.4 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 54.1%. EPS of $0.01 for the same period compares to $0.10 a year ago.

Ready Capital (RC) reported $48.55 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 15.1%. EPS of $0.29 for the same period compares to $0.31 a year ago.

Crocs CROX stock has highlighted this week’s earnings lineup after crushing Q1 earnings expectations on Tuesday. The footwear and apparel leader has seen its stock soar over +40% this year to impressively outpace the broader index

Phibro Animal Health (PAHC) reported $263.2 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 7.1%. EPS of $0.31 for the same period compares to $0.29 a year ago.

Amdocs (DOX) reported $1.25 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.8%. EPS of $1.56 for the same period compares to $1.47 a year ago.

Robinhood Markets, Inc. (HOOD) reported $618 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 40.1%. EPS of $0.18 for the same period compares to -$0.57 a year ago.

For the quarter ended March 2024, Maximus (MMS) reported revenue of $1.35 billion, up 11.7% over the same period last year. EPS came in at $1.57, compared to $0.80 in the year-ago quarter.

AMC Entertainment (AMC) reported $951.4 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.3%. EPS of -$0.78 for the same period compares to -$1.30 a year ago.

For the quarter ended March 2024, Braemar Hotels & Resorts (BHR) reported revenue of $219.08 million, up 1.8% over the same period last year. EPS came in at $0.42, compared to $0.05 in the year-ago quarter.

For the quarter ended March 2024, Watts Water (WTS) reported revenue of $570.9 million, up 21% over the same period last year. EPS came in at $2.33, compared to $1.92 in the year-ago quarter.

Sabra Healthcare (SBRA) reported $166.75 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 3.4%. EPS of $0.35 for the same period compares to -$0.04 a year ago.

For the quarter ended March 2024, Gladstone Investment (GAIN) reported revenue of $23.65 million, up 19.1% over the same period last year. EPS came in at $0.24, compared to $0.29 in the year-ago quarter.