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New Breakout Stocks Zacks Rank #1 (Strong Buy)

David Bartosiak

Another day, another dive into the charts. Check out the video above for Dave’s Daily Dive into the Charts!

Today’s dive includes a brief look at the NASDAQ and its epic run. Then we look at the S&P 500, and it’s possible rolling over to the downside. The small caps of the Russell are range bound, but where is the top end? All that and more in today’s episode.

Each day, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dives into the charts, pointing out key price action and levels for you to watch.

But it doesn’t stop there because the highlight of today’s video, which you can see for free by clicking above, is where Dave uncovers five Zacks Rank #1 (Strong Buy) stocks that are breaking out to new 52-week highs today. These stocks have a ton of momentum behind them and are charging higher. The list of stocks he covers today include:

Chemours Company CC

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates through three segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions.

Cohu COHU

Cohu, Inc., through its subsidiaries, engages in the development, manufacture, sale, and servicing of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors, and thermal sub-systems for semiconductor manufacturers and test subcontractors worldwide. It offers pick-and-place handlers; thermal handler for microprocessors, graphics processors, and other integrated circuits; pick-and-place platform for fabless and outsourced semiconductor assembly and test customers, as well as for integrated device manufacturers; a platform for assembly automation; gravity-feed and test-in-strip handlers; and turret handler for testing and inspection of integrated circuits, LEDs, and discrete devices. 

Grifols GRFS

Grifols, S.A., a biopharmaceutical company, develops, manufactures, and distributes plasma derivative products in the United States, Canada, Spain, rest of the European Union, and internationally. It specializes in providing infusion solutions, nutrition products, medical devices, diagnostic instrumentation, and reagents for use in hospitals and clinics. The company operates through four segments: Bioscience, Diagnostic, Hospital, and Raw Materials and Others. 

Momo MOMO

Momo Inc. operates as a mobile-based social networking platform in the People’s Republic of China. The company’s platform includes its Momo mobile application and various related features, functionalities, tools, and services that are provided to users, customers, and platform partners. Its Momo mobile application enables users to establish and expand their social relationships based on locations and interests.

Parker-Hannifin PH

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates in two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides pneumatic, fluidic, and electromechanical components and systems; static and dynamic sealing devices; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; and critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, as well as components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions.

 

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Cohu, Inc. (COHU): Free Stock Analysis Report
 
Momo Inc. (MOMO): Free Stock Analysis Report
 
Chemours Company (The) (CC): Free Stock Analysis Report
 
Parker-Hannifin Corporation (PH): Free Stock Analysis Report
 
Grifols, S.A. (GRFS): Free Stock Analysis Report
 
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