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Best Momentum Stocks to Buy for June 7th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 7th:

Paymentus Holdings, Inc. PAY: This bill payment technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.7% over the last 60 days.

Paymentus Holdings, Inc. Price and Consensus

Paymentus Holdings, Inc. Price and Consensus
Paymentus Holdings, Inc. Price and Consensus

Paymentus Holdings, Inc. price-consensus-chart | Paymentus Holdings, Inc. Quote

Paymentus’ shares gained 16.5% over the last three months compared with the S&P 500’s advance of 8.2%. The company possesses a Momentum Score of A.

Paymentus Holdings, Inc. Price

Paymentus Holdings, Inc. Price
Paymentus Holdings, Inc. Price

Paymentus Holdings, Inc. price | Paymentus Holdings, Inc. Quote

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Carrols Restaurant Group, Inc. TAST: This restaurant company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 44.4% over the last 60 days.

Carrols Restaurant Group, Inc. Price and Consensus

Carrols Restaurant Group, Inc. Price and Consensus
Carrols Restaurant Group, Inc. Price and Consensus

Carrols Restaurant Group, Inc. price-consensus-chart | Carrols Restaurant Group, Inc. Quote

Carrols’ shares gained 145.5% over the last three months compared with the S&P 500’s advance of 8.2%. The company possesses a Momentum Score of B.

Carrols Restaurant Group, Inc. Price

Carrols Restaurant Group, Inc. Price
Carrols Restaurant Group, Inc. Price

Carrols Restaurant Group, Inc. price | Carrols Restaurant Group, Inc. Quote

Allegro MicroSystems, Inc. ALGM: This manufacturer of integrated circuits for the semiconductor sector has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.

Allegro MicroSystems, Inc. Price and Consensus

Allegro MicroSystems, Inc. Price and Consensus
Allegro MicroSystems, Inc. Price and Consensus

Allegro MicroSystems, Inc. price-consensus-chart | Allegro MicroSystems, Inc. Quote

Allegro’s shares gained 20.9% over the last six months compared with the S&P 500’s advance of 8.8%. The company possesses a Momentum Score of B.

Allegro MicroSystems, Inc. Price

Allegro MicroSystems, Inc. Price
Allegro MicroSystems, Inc. Price

Allegro MicroSystems, Inc. price | Allegro MicroSystems, Inc. Quote

 

See the full list of top ranked stocks here

 

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

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

Paymentus Holdings, Inc. (PAY) : Free Stock Analysis Report

Carrols Restaurant Group, Inc. (TAST) : Free Stock Analysis Report

Allegro MicroSystems, Inc. (ALGM) : Free Stock Analysis Report

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