Top Ranked Momentum Stocks to Buy for July 27th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 27th:
Best Buy Co., Inc. (BBY): This retailer of technology products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.6% over the last 60 days.
Best Buy Co., Inc. Price and Consensus
Best Buy Co., Inc. price-consensus-chart | Best Buy Co., Inc. Quote
Best Buy’s shares gained 14.5% over the last one month above the S&P 500’s rise of 7%. The company possesses a Momentum Score of A.
Best Buy Co., Inc. Price
Best Buy Co., Inc. price | Best Buy Co., Inc. Quote
Freeport-McMoRan Inc. (FCX): This company that engages in the mining of mineral properties has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
FreeportMcMoRan Inc. Price and Consensus
FreeportMcMoRan Inc. price-consensus-chart | FreeportMcMoRan Inc. Quote
Freeport-McMoRan’s shares gained 18.4% over the last one month. The company possesses a Momentum Score of A.
FreeportMcMoRan Inc. Price
FreeportMcMoRan Inc. price | FreeportMcMoRan Inc. Quote
Graco Inc. (GGG): This manufacturer of systems and equipment used to move, measure, control, dispense and spray fluid and powder materials has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.
Graco Inc. Price and Consensus
Graco Inc. price-consensus-chart | Graco Inc. Quote
Graco’s shares gained 13.7% over the last one month. The company possesses a Momentum Score of A.
Graco Inc. Price
Graco Inc. price | Graco Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Zacks Top 10 Stocks for 2020
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2020 today >>
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
Graco Inc. (GGG) : Free Stock Analysis Report
FreeportMcMoRan Inc. (FCX) : Free Stock Analysis Report
Best Buy Co., Inc. (BBY) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research