Best Momentum Stocks to Buy for August 13th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 13th:

Arista Networks, Inc. ANET: This cloud networking solutions company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.8% over the last 60 days.

Arista’s shares gained 43.8% over the last three months compared with the S&P 500’s advance of 8.2%. The company possesses a Momentum Score  of A.

Ralph Lauren Corporation RL: This lifestyle products company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

Ralph Lauren’s shares gained 11.1% over the last three months compared with the S&P 500’s advance of 8.2%. The company possesses a Momentum Score of A.

APi Group Corporation APG: This company that provides safety, specialty, and industrial services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.

APi’s shares gained 16.3% over the last three months compared with the S&P 500’s advance of 8.2%. 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.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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

Zacks Investment Research

Source Zacks-com