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Best Momentum Stocks to Buy for June 23rd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 23rd:

Earthstone Energy : This growth-oriented independent energy company which is engaged in the development and operations oil and gas properties in west and south Texas, has a Zacks Rank #1(Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days.

Earthstone Energy’s shares gained 14.3% over the last three months compared with the S&P 500’s decline of 16.8%. The company possesses a Momentum Score of A.

Golar LNG Limited (GLNG - Free Report) : This company is primarily involved in the transportation and regasification of LNG and the liquefaction of natural gas, it has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 15.4% over the last 60 days.

Golar LNG Limited’s shares gained 74.6% over the last six months compared with the S&P 500’s decline of 20.3%. The company possesses a Momentum  Score of B

Archer Daniels Midland (ADM - Free Report) : This company which is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.5% over the last 60 days.

Archer Daniels Midland’s shares gained 19.5% over the last six months compared with the S&P 500’s decline of 20.3%. The company possesses a Momentum Scoreof B.

 

See the full list of top ranked stocks here

 

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


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