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Top Ranked Momentum Stocks to Buy for March 9th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, March 9th:

Western Alliance Bancorporation (WAL - Free Report) : This company that operates as the bank holding company for Western Alliance Bank has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.4% over the last 60 days.

 

Western Alliance’s shares gained 26.8% over the last one month against the S&P 500’s decline of 1.7%. The company possesses a Momentum Score of A.

 

Kraton Corporation : This company that manufactures and sells styrenic block copolymers, specialty polymers, and other products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 82.8% over the last 60 days.

 

Kraton Corp.’s shares gained 23% over the last one month. The company possesses a Momentum Score of A.

 

Deere & Company (DE - Free Report) : This company that manufactures and distributes various equipment has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 23% over the last 60 days.

 

Deere & Company Price and Consensus

Deere & Company Price and Consensus

Deere & Company price-consensus-chart | Deere & Company Quote

 

Deere & Co.’s shares gained 12.2% over the last one month. The company possesses a Momentum Score of A.

 

Sleep Number Corporation (SNBR - Free Report) : This company that provides sleep solutions and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 41.2% over the last 60 days.

 

Sleep Number’s shares gained 10.5% over the last one month. 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.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>


See More Zacks Research for These Tickers


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Deere & Company (DE) - free report >>

Western Alliance Bancorporation (WAL) - free report >>

Sleep Number Corporation (SNBR) - free report >>

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