The Zacks Analyst Blog Highlights Apellis, Groupon and Central Garden

In this article:

For Immediate Release

Chicago, IL – October 25, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apellis Pharmaceuticals, Inc. APLS, Groupon, Inc. GRPN and Central Garden & Pet Co. CENTA.

Here are highlights from Tuesday’s Analyst Blog:

Best Momentum Plays from This List of Zacks Top-Ranked Stocks

Here are three stocks with buy ranks and strong momentum characteristics for investors to consider today:

Apellis Pharmaceuticals, Inc.: This commercial-stage biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.1% over the last 60 days.

Apellis Pharmaceuticals, Inc. price-consensus-chart | Apellis Pharmaceuticals, Inc. Quote

Apellis’ shares gained 50.3% over the last three months compared with the S&P 500’s decline of 6.8%. The company possesses a Momentum Score of A.

Apellis Pharmaceuticals, Inc. price | Apellis Pharmaceuticals, Inc. Quote

Groupon, Inc.: This marketplace which connects consumers to merchants has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.

Groupon, Inc. price-consensus-chart | Groupon, Inc. Quote

Groupon’s shares gained 67.3% over the last three months compared with the S&P 500’s decline of 6.8%. The company possesses a Momentum Score of B.

Groupon, Inc. price | Groupon, Inc. Quote

Central Garden & Pet Co.: This gardening and pet supply company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 1.4% over the last 60 days.

Central Garden & Pet Company price-consensus-chart | Central Garden & Pet Company Quote

Central Garden’s shares gained 3.6% over the last three months compared with the S&P 500’s decline of 6.8%. The company possesses a Momentum Score of B.

Central Garden & Pet Company price | Central Garden & Pet Company Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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Groupon, Inc. (GRPN) : Free Stock Analysis Report

Apellis Pharmaceuticals, Inc. (APLS) : Free Stock Analysis Report

Central Garden & Pet Company (CENTA) : Free Stock Analysis Report

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