FLXS

Zacks highlights three stocks with Rank #1 (Strong Buy) ratings and positive momentum: Vicor (VICR), a modular power components manufacturer with 17% earnings estimate increase and 9.1% three-month gains; Flexsteel Industries (FLXS), an upholstered furniture company with 4.8% earnings estimate increase and 19.6% three-month gains; and Demant (WILYY), a hearing aid and communication equipment manufacturer with 8.1% earnings estimate increase and 18.6% three-month gains.

Bassett Furniture reported quarterly earnings of $0.24 per share, beating consensus estimates by 84.62%, though revenues slightly missed expectations. Despite the earnings beat, the company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revisions. The furniture industry ranks in the bottom 11% of sectors, and Bassett has underperformed the S&P 500 year-to-date.