We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you accept our Privacy Policy and Terms of Service, revised from time to time, and you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Top Stock Picks for Week of February 5, 2024
Duolingo (DUOL - Free Report) is an education app which is popular with those trying to learn a new language. It offers over 100 courses across 42 distinct languages, from Spanish, French, German and Japanese to Navajo and Yiddish. However, in 2023, it also launched Music and Math courses on its flagship app, adding to its offerings. The company is expected to see its earnings jump in 2024 as more people take to its app to learn a new language. For the second quarter in a row, Duolingo raised its full year revenue guidance. Analysts are also bullish on earnings for 2024.Duolingo has been on a ride since its July 2021 IPO. This Zacks Rank #1 (Strong Buy) is forecast to grow sales by the double digits this year. For investors looking for a top ranked growth stock, Duolingo should be on your short list.
Manhattan Associates, Inc. (MANH - Free Report) is the global leader in providing supply chain execution and optimization solutions. Manhattan Associates appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The upward trend in estimate revisions for this business software company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. There has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. Manhattan Associates shares have added 25.7% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions.