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Here is how Costamare (CMRE) and Despegar.com (DESP) have performed compared to their sector so far this year.
Costamare (CMRE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
NMM, CMRE and MNSO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 16, 2024.
NMM, CMRE and PFBC made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 16, 2024.
Does Costamare (CMRE) have what it takes to be a top stock pick for momentum investors? Let's find out.
DXPE, CMRE and SKWD made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 14, 2024.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Costamare (CMRE) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Costamare Inc. Sets the Date for Its First Quarter 2024 Results Release, Conference Call and Webcast
Earnings Release: Friday, May 10, 2024, Before Market Opens Conference Call and Webcast: Friday, May 10, 2024, at 8:30 a.m. ET
The increased demand for goods and services bodes well for the Transportation-Shipping industry. Stocks like Danaos (DAC), Costamare (CMRE) and Seanergy Maritime (SHIP) are likely to gain from this promising scenario.