Zacks.com featured highlights Sandisk, Carpenter Technology and Amkor

Sandisk, Carpenter Technology and Amkor have been highlighted in this Screen of The Week article.

Zacks Equity Research

5 min read

For Immediate Release

Chicago, IL – August 4, 2026 – Stocks in this week’s article Sandisk Corp. SNDK, Carpenter Technology Corp. CRS and Amkor Technology, Inc. AMKR.

3 Momentum Anomaly Stocks to Buy as Trump Calls Off Iran Strike Plan

The broader U.S. equity markets shrugged off heightened market volatility and moved higher over the past couple of days as oil prices receded from peak levels and President Trump called off his planned strikes against Iran. The rally was also induced by a strong performance by Microsoft and some other leading semiconductor firms.

With Federal Reserve Chairman Kevin Warsh keeping interest rates steady as of now, the focus has now shifted to the non-farm payroll report for July to gauge an idea of the future stock market direction. Amid the vagaries of the market, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks, like Sandisk Corp., Carpenter Technology Corp. and Amkor Technology, Inc., when value or growth investing fails to generate the desired profits.

This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. Momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.

Momentum strategies have been known to be alpha-generative over a long period and across market stages. Therefore, this strategy is quite tricky to implement, as detecting these trends is not easy. Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from long-term price momentum and a short-term pullback in price.

Here are three of the five stocks that made it through this screen:

Milpitas, CA-based Sandisk develops, manufactures and sells data storage devices and solutions based on NAND flash technology. The portfolio spans solid-state drives, embedded products, removable cards, USB drives and wafers and components.

The stock has soared a stellar 2,839.3% over the past year but lost 15.4% over the past week. Sandisk has a Momentum Score of B.

Philadelphia, PA-based Carpenter Technology is a producer and distributor of premium specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels and tool steels as well as drilling tools. The company is a leader in premium specialty alloys, including titanium, nickel and cobalt, as well as alloys specifically engineered for additive manufacturing processes and soft magnetics applications.

The stock has surged 101.6% over the past year but declined 13.9% over the past week. Carpenter Technology has a Momentum Score of A.

Tempe, AZ-based Amkor is a leading outsourced semiconductor assembly and test service provider. The company packages and tests integrated circuits for customers across smartphones, data centers, artificial intelligence, automotive, industrial and consumer devices.

The stock has surged 129.3% in the past year but declined 23.2% in the past week. Amkor has a Momentum Score of A.

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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2966778/3-momentum-anomaly-stocks-to-buy-as-trump-calls-off-iran-strike-plan

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

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