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Best Momentum Stocks to Buy for August 12th


Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 12th:

Silver Standard Resources Inc. SSRM: This precious metal resource properties mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.2% over the last 60 days.

Silver Standard Resources’ shares gained 47.5% over the last three months compared with the S&P 500’s advance of 8.6%. The company possesses a Momentum Score  of A.

Heritage Insurance Holdings, Inc. HRTG: This insurance and financial services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Heritage’s shares gained 70.4% over the last six months compared with the S&P 500’s advance of 4.5%. The company possesses a Momentum Score of A.

Vertiv Holdings Co VRT: This critical digital infrastructure technologies company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

Vertiv’s shares gained 32.4% over the last three months compared with the S&P 500’s advance of 8.6%. 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.

Research Chief Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

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Heritage Insurance Holdings, Inc. (HRTG): Free Stock Analysis Report
 
Silver Standard Resources Inc. (SSRM): Free Stock Analysis Report
 
Vertiv Holdings Co. (VRT): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research


Source Zacks-com

At Zacks, we are dedicated to independent investment research, helping investors succeed through tools like our Zacks Rank stock-rating system, which has averaged +23.89% annual returns since 1988. Founded on the discovery that earnings estimate revisions drive stock prices, we offer purely mathematical, unbiased ratings, along with additional innovations like the Price Response Indicator, Earnings ESP, and specialized rankings for mutual funds and ETFs.
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