POWL, ODP and PDD made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 10, 2024.
ODP Corp. (ODP) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Recently, Zacks.com users have been paying close attention to ODP Corp. (ODP). This makes it worthwhile to examine what the stock has in store.
The P/B ratio helps to identify low-priced stocks with high growth prospects. KB Home (KBH), Qifu Technology (QFIN), The ODP Corporation (ODP), Tri Pointe Homes (TPH) and Gray Television (GTN) are some such stocks.
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.
ODP Corp. (ODP) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Buying the dip in these top-rated retail stocks is very enticing as in addition to their strong buy ratings they each have an overall "A" VGM Zacks Style Scores grade for the combination of Value, Growth, and Momentum.
ODP, DEC and OC made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 21, 2024.
The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Qifu Technology (QFIN), The ODP Corporation (ODP), Tri Pointe Homes (TPH) and Gray Television (GTN) are some such stocks.