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Top Ranked Momentum Stocks to Buy for April 16th

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Zacks Equity Research
·3-min read
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 16th:

NVIDIA Corporation (NVDA): This visual computing company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.4% over the last 60 days.

NVIDIA Corporation Price and Consensus

NVIDIA Corporation Price and Consensus
NVIDIA Corporation Price and Consensus

NVIDIA Corporation price-consensus-chart | NVIDIA Corporation Quote

NVIDIA’s shares gained 21.4% over the last one month compared with the S&P 500’s growth of 5.4%. The company possesses a Momentum Score of B.

NVIDIA Corporation Price

NVIDIA Corporation Price
NVIDIA Corporation Price

NVIDIA Corporation price | NVIDIA Corporation Quote

Acuity Brands, Inc. (AYI): This lighting and building management solutions and services provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13% over the last 60 days.

Acuity Brands Inc Price and Consensus

Acuity Brands Inc Price and Consensus
Acuity Brands Inc Price and Consensus

Acuity Brands Inc price-consensus-chart | Acuity Brands Inc Quote

Acuity Brands’ shares gained 18.5% over the last one month. The company possesses a Momentum Score of B.

Acuity Brands Inc Price

Acuity Brands Inc Price
Acuity Brands Inc Price

Acuity Brands Inc price | Acuity Brands Inc Quote

Wells Fargo & Company (WFC): This financial services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days.

Wells Fargo & Company Price and Consensus

Wells Fargo & Company Price and Consensus
Wells Fargo & Company Price and Consensus

Wells Fargo & Company price-consensus-chart | Wells Fargo & Company Quote

Wells Fargo’s shares gained 7.3% over the last one month. The company possesses a Momentum Score of A.

Wells Fargo & Company Price

Wells Fargo & Company Price
Wells Fargo & Company Price

Wells Fargo & Company price | Wells Fargo & Company Quote

Central Garden & Pet Company (CENT): This company that produces and distributes various products for the lawn and garden, and pet supplies markets has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10% over the last 60 days.

Central Garden & Pet Company Price and Consensus

Central Garden & Pet Company Price and Consensus
Central Garden & Pet Company Price and Consensus

Central Garden & Pet Company price-consensus-chart | Central Garden & Pet Company Quote

Central Garden & Pet Co’s shares gained 9.3% over the last one month. The company possesses a Momentum Score of B.

Central Garden & Pet Company Price

Central Garden & Pet Company Price
Central Garden & Pet Company Price

Central Garden & Pet Company price | Central Garden & Pet Company Quote

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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To read this article on Zacks.com click here.

Zacks Investment Research