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Best Momentum Stock to Buy for August 7th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 7th:
Reddit Inc. (RDDT - Free Report) : This social media and community-led platform that enables real-time discovery, conversation and engagement across a wide range of interest-based forums, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 49.6% over the last 60 days.
Reddit Inc. Price and Consensus
Reddit Inc. price-consensus-chart | Reddit Inc. Quote
Reddit' shares gained 97.4% over the last three month compared with the S&P 500’s gain of 12.1%. The company possesses a Momentum Score of A.
Reddit Inc. Price
Reddit Inc. price | Reddit Inc. Quote
Carpenter Technology (CRS - Free Report) : This company which 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, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.
Carpenter Technology Corporation Price and Consensus
Carpenter Technology Corporation price-consensus-chart | Carpenter Technology Corporation Quote
Carpenter Technology’s shares gained 21.3% over the last three month compared with the S&P 500’s gain of 12.1%. The company possesses a Momentum Scoreof A.
Carpenter Technology Corporation Price
Carpenter Technology Corporation price | Carpenter Technology Corporation Quote
Graham (GHM - Free Report) : This company which designs and builds vacuum and heat transfer equipment for process industries and energy markets worldwide, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.7% over the last 60 days.
Graham Corporation Price and Consensus
Graham Corporation price-consensus-chart | Graham Corporation Quote
Graham’s shares gained 40% over the last three month compared with the S&P 500’s gain of 12.1%. The company possesses a Momentum Score of A.
Graham Corporation Price
Graham Corporation price | Graham Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.