Allot Ltd. - Ordinary Shares (ALLT)

Momentum investors seek to take advantage of share price rallies to buy companies before they peak; analysts think these three firms still have room to grow.

Companies Reporting Before The Bell • Cognex (NASDAQ:CGNX) is estimated to report quarterly earnings at $0.10 per share on revenue of $188.59 million.

ALLT stock results show that Allot beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Shares of The Children's Place, Inc. (NASDAQ: PLCE) moved lower during Thursday’s session following weak quarterly earnings.

Companies Reporting Before The Bell • Children's Place (NASDAQ:PLCE) is projected to report quarterly earnings at $3.56 per share on revenue of $471.82 million.

Gainers China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) shares gained 53.3% to $0.23 in pre-market trading.

Gainers China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) shares jumped 120% to $0.33.

  During Monday's session, 38 stocks hit new 52-week lows.

Companies Reporting Before The Bell • Alkaline Water Co (NASDAQ:WTER) is likely to report quarterly loss at $0.05 per share on revenue of $18.31 million.

  On Tuesday, 37 stocks hit new 52-week lows.