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Best Momentum Stock to Buy for August 8th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 8th:

Rigel Pharmaceuticals (RIGL - Free Report) :This clinical-stage drug development company that discovers and develops novel, small-molecule drugs for the treatment of inflammatory diseases, cancer and viral diseases, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 72% over the last 60 days.

Rigel Pharmaceuticals' shares gained 61% over the last three month compared with the S&P 500’s gain of 12%. The company possesses a Momentum Score of A.

APi Group (APG - Free Report) : This company which offers critical pipeline integrity and construction services for energy companies, utilities, public agencies, and contractors, as well as end-to-end fire protection solutions, including design, installation, inspection and service of fire protection systems, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.

APi Group’s shares gained 18.6% over the last three month compared with the S&P 500’s gain of 12%. The company possesses a Momentum Score of A.

Cleanspark (CLSK - Free Report) :This company which is engaged in the mining of cryptocurrencies, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

Cleanspark’s shares gained 23.5% over the last three month compared with the S&P 500’s gain of 12%. The company possesses a Momentum Score of A.

 

See the full list of top ranked stocks here

 

Learn more about the Momentum score and how it is calculated here.


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Rigel Pharmaceuticals, Inc. (RIGL) - free report >>

Cleanspark, Inc. (CLSK) - free report >>

APi Group Corporation (APG) - free report >>

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