Stocks sold off for a second straight day, but there were several Zacks #1 Rank (Strong Buy) stocks firmly in the green.
One of those stocks was 3D Systems Corp. (DDD - Analyst Report) , which jumped +6.2% on Thursday.
3D Systems Corp provides 3D content-to-print solutions including personal, professional and production 3D printers, integrated print materials and on-demand custom parts services. Check out a video of them in action here. Pretty cool stuff.
Shares of DDD have soared more than 200% year-to-date, including 35% over the last 30 days. And this strong momentum carried over into Thursday.
Earnings estimates have risen significantly higher following strong third quarter results on October 25. Based on current consensus estimates, EPS is expected to grow 53% this year and 24% next year.
Flagstar Bancorp Inc. (FBC - Snapshot Report) was another hot Zacks #1 Rank (Strong Buy) stock, jumping +3.6% on Thursday. Flagstar Bancorp is a bank with 111 branches across Michigan.
FBC became a Zacks #1 Rank (Strong Buy) after it delivered a huge 24% positive earnings surprise on October 24. Shares are up 24% since October 25 but still trade at a very reasonable 8x forwared earnings and 0.9x book value.
Other notable top performing Zacks #1 Rank stocks from Thursday include: Novo Nordisk (NVO), which was up +7.3%, Sparton Corp. (SPA), which rose +7.1%, and Stratasys Inc. (SSYS), which gained +3.3%.
To see the full list of Zacks #1 Rank (Strong Buy) stocks click here.
Todd Bunton is the Growth & Income Stock Strategist for Zacks Investment Research and Editor of the Income Plus Investor service.