Top Ranked Momentum Stocks to Buy for June 16th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 16th:

Sportsman's Warehouse Holdings, Inc. (SPWH): This  outdoor sporting goods retailer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.3% over the last 60 days.

Sportsmans Warehouse Holdings, Inc. Price and Consensus

Sportsmans Warehouse Holdings, Inc. Price and Consensus

Sportsmans Warehouse Holdings, Inc. price-consensus-chart | Sportsmans Warehouse Holdings, Inc. Quote

Sportsman's shares gained 55.5% over the last one month compared with the S&P 500 growth of 9.4%. The company possesses a Momentum Score of A.

Sportsmans Warehouse Holdings, Inc. Price

Sportsmans Warehouse Holdings, Inc. Price

Sportsmans Warehouse Holdings, Inc. price | Sportsmans Warehouse Holdings, Inc. Quote

Arcimoto, Inc. (FUV): This company that designs, develops, manufactures, and sells three-wheeled electric vehicles has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.

Arcimoto, Inc. Price and Consensus

Arcimoto, Inc. Price and Consensus

Arcimoto, Inc. price-consensus-chart | Arcimoto, Inc. Quote

Arcimoto’s shares gained 52% over the last one month. The company possesses a Momentum Score of A.

Arcimoto, Inc. Price

Arcimoto, Inc. Price

Arcimoto, Inc. price | Arcimoto, Inc. Quote

PennyMac Financial Services, Inc. (PFSI): This company that provides mortgage banking and investment management has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 51.1% over the last 60 days.

PennyMac Financial Services, Inc. Price and Consensus

PennyMac Financial Services, Inc. Price and Consensus

PennyMac Financial Services, Inc. price-consensus-chart | PennyMac Financial Services, Inc. Quote

PennyMac Financial Services’ shares gained 44.1% over the last one month. The company possesses a Momentum Score of A.

PennyMac Financial Services, Inc. Price

PennyMac Financial Services, Inc. Price

PennyMac Financial Services, Inc. price | PennyMac Financial Services, Inc. Quote

Lakeland Industries, Inc. (LAKE): This compay that manufactures and sells industrial protective clothing and accessories 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.

Lakeland Industries, Inc. Price and Consensus

Lakeland Industries, Inc. Price and Consensus

Lakeland Industries, Inc. price-consensus-chart | Lakeland Industries, Inc. Quote

Lakeland Industries’ shares gained 42.7% over the last one month. The company possesses a Momentum Score of A.

Lakeland Industries, Inc. Price

Lakeland Industries, Inc. Price

Lakeland Industries, Inc. price | Lakeland Industries, Inc. Quote

See the full list of top ranked stocks here

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

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.1% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>

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
 
Sportsmans Warehouse Holdings, Inc. (SPWH) : Free Stock Analysis Report
 
PennyMac Financial Services, Inc. (PFSI) : Free Stock Analysis Report
 
Lakeland Industries, Inc. (LAKE) : Free Stock Analysis Report
 
Arcimoto, Inc. (FUV) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research