Five Stocks Clear Zacks Momentum Screen, Led by PBF Energy
The screen highlights five companies with recent gains against the S&P 500 and upward revisions to current-quarter earnings estimates.
Key takeaways
- Zacks named PBF Energy, BP, Delek US, Cenovus Energy and Cracker Barrel among stocks passing its screen.
- The screen required outperformance versus the S&P 500 over one, four and 12 weeks.
- PBF Energy shares gained 173.3% in a year, according to the article.
- Zacks reported upward revisions to several companies’ earnings estimates.
PBF Energy, BP, Delek US Holdings, Cenovus Energy and Cracker Barrel Old Country Store were among 10 stocks that passed a Zacks screen for recent price momentum and positive earnings estimate revisions.
The screen required stocks to outperform the S&P 500 over the past 12 weeks, four weeks and one week. It also looked for upward revisions to current-quarter earnings estimates over four weeks.
PBF Energy shares gained 173.3% in a year, while Delek US shares rose 130.2%, according to the article. Cenovus gained 88.9%, BP rose 31.4% and Cracker Barrel gained 17%.
Zacks said its consensus estimate for PBF Energy’s 2026 earnings had risen 44.5% over the prior 60 days. Estimates for Delek’s 2026 earnings moved up from $8.32 per share to $16.06, while Cenovus’s 2026 earnings estimate rose 11.6% over that period.
This article was produced with the help of AI technology. Source: Yahoo Finance
