Zebra Technologies Corporation (ZBRA - Free Report) announced that Medline Industries Inc. has selected its TC51 touch computer for enhancing voice-directed picking solution in its warehousing operations. Also, the TC51 touch computer is expected to improve the latter’s employee productivity in the warehouses.
Zebra Technologies’ TC51 touch computer is paired with its HS3100 Rugged Bluetooth headset. This will help Medline efficiently and quickly process more outbound customer. Notably, Medline’s workers will be able to move freely without headsets while processing any order.
Moreover, Zebra Technologies’ TC51 touch computer is the first certified android-based industrial device for Lucas Move. Hence, Medline’s warehouse workforce would be able to seamlessly use this computer through Android operating system.
The TC51 touch computer will serve as a durable, rugged and secured enterprise device for Medline.
Over the past month, Zebra Technologies’ shares have rallied 4.7%, outperforming 2.8% growth recorded by the industry.
Over the past 30 days, the Zacks Consensus Estimate for this Zacks Rank #1 (Strong Buy) stock’s earnings has moved up 6% to $9.85 per share and 4.3% to $10.43 per share for 2018 and 2019, respectively. Moreover, per our estimates, the company’s earnings are predicted to grow 39.7% and 5.9% for 2018 and 2019, respectively.
Other Stocks to Consider
Other top-ranked stocks within the Zacks Industrial Products sector are listed below:
Axon Enterprise, Inc. (AAXN - Free Report) sports a Zacks Rank #1. The company pulled off an average positive earnings surprise of 330% in the last four quarters. You can see the complete list of today’s Zacks #1 Rank stocks here.
Acco Brands Corp. (ACCO - Free Report) holds a Zacks Rank #2 (Buy). The company delivered an average positive earnings surprise of 11.06% in the last four quarters.
Altra Industrial Motion Corp. (AIMC - Free Report) also carries a Zacks Rank of 2. The company reported an average positive earnings surprise of 5.06% in the trailing four quarters.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>