APi Group and Telos Corporation: Momentum Stocks with Analyst Approval

Two momentum stocks gaining steam, APi Group and The TJX Companies, are identified by analysts as having more room to run. APi Group provides life safety, security, and specialty services for a diverse customer base worldwide. TJX Companies operates as a leading off-price apparel and home fashions retailer, with a strong e-commerce platform. Both stocks are rated as Buys and have already risen over 40% this year.

Two momentum stocks, APi Group (APG) and The TJX Companies (TJX), have been identified by analysts as having significant upside potential. Both companies have already seen their stocks rise over 40% this year and are currently rated as "Buys" by major financial institutions.

APi Group, a provider of life safety, security, and specialty services for a diverse customer base worldwide, has been gaining attention for its robust financial performance and strong momentum. The company recently received an upgraded rating from JPMorgan, moving to "Overweight" from "Neutral" [2]. The financial institution raised its price target to $42, up from $31, reflecting increased confidence in APi Group's strategic execution. APi Group's shares have seen a significant increase in price over the past year, with a 44.25% gain in the last quarter and a 42.35% increase in the past year [1].

The TJX Companies, a leading off-price apparel and home fashions retailer with a strong e-commerce platform, has also shown strong momentum. The company's stock ended the recent trading session at $124.94, demonstrating a +2.27% change from the preceding day's closing price, which was more than the S&P 500's daily gain of 0.14% [3]. The parent of T.J. Maxx, Marshalls, and other stores' shares have seen a decrease of 1.08% over the last month, not keeping up with the Retail-Wholesale sector's gain of 4.28% and the S&P 500's gain of 5.35%. Analysts expect TJX to report earnings per share (EPS) of $1.01, up 5.21% from the prior-year quarter [3].

Both APi Group and The TJX Companies have shown promising performance and have the potential for further growth. Investors should keep an eye on these companies as they continue to gain momentum in the market.

References:
[1] https://www.nasdaq.com/articles/heres-why-api-apg-great-momentum-stock-buy
[2] https://www.gurufocus.com/news/2976792/jpmorgan-boosts-api-group-apg-rating-with-positive-outlook-apg-stock-news
[3] https://www.nasdaq.com/articles/tjx-tjx-exceeds-market-returns-some-facts-consider