CoDiagnostics, Inc. CODX shares soared 5.8% in the last trading session to close at $6.06. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.1% gain over the past four weeks.Optimism over the company's recent announcement that it has made the first shipment of its testing reagents for monkeypox virus, is driving the share price higher. With Monkeypox being declared as global health emergency by WHO following its multi-country outbreak, the latest development of Co-Diagnostics can be considered as highly strategic and well timed.This company is expected to post quarterly earnings of $0.15 per share in its upcoming report, which represents a year-over-year change of -54.6%. Revenues are expected to be $20.5 million, down 25.1% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For CoDiagnostics, Inc., the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on CODX going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>CoDiagnostics, Inc. belongs to the Zacks Medical Services industry. Another stock from the same industry, The Beauty Health Company SKIN, closed the last trading session 1.5% lower at $12.71. Over the past month, SKIN has returned -11.7%.The Beauty Health Company's consensus EPS estimate for the upcoming report has changed -7.1% over the past month to $0.01. Compared to the company's year-ago EPS, this represents a change of -87.5%. The Beauty Health Company currently boasts a Zacks Rank of #5 (Strong Sell). This Little-Known Semiconductor Stock Could Lead to Big Gains for Your Portfolio The significance of semiconductors can't be overstated. Your smartphone couldn't function without it. Your personal computer would crash in minutes. Digital cameras, washing machines, refrigerators, ovens. You wouldn't be able to use any of them without semiconductors. Disruptions in the supply chain have given semiconductors tremendous pricing power. That's why they present such a tremendous opportunity for investors. And today, in a new free report, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most. It's yours free and with no obligation. >>Give me access to my free special report.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CoDiagnostics, Inc. (CODX): Free Stock Analysis Report The Beauty Health Company (SKIN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research