Best Momentum Stocks to Buy for March 30th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 30:

BRP Inc. DOO: This powersports vehicles and marine products company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

BRP’s shares gained 9% over the last six months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score  of A.

Guardian Pharmacy Services, Inc. GRDN: This pharmacy service company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.6% over the last 60 days.

Guardian Pharmacy’s shares gained 13.5% over the last three months compared with the S&P 500’s decline of 7%. The company possesses a Momentum Score of A.

Permian Resources Corporation PR: This oil and natural gas company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 53.1% over the last 60 days.

Permian Resources’ shares gained 54.3% over the past three months compared with the S&P 500’s decline of 7%. 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.

Free Report: Profiting from the 2nd Wave of AI Explosion

The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.

Investors who bought shares like Nvidia at the right time have had a shot at huge gains.

But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.

Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.

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

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Source Zacks-com