Back to top

Image: Bigstock

Best Momentum Stock to Buy for March 18th

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 18th:

Abercrombie & Fitch (ANF - Free Report) : This company which operates as a specialty retailer of premium, high-quality casual apparel for men, women, and kids, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.2% over the last 60 days.

Abercrombie & Fitch’s shares gained 45.3% over the last three month compared with the S&P 500’s gain of 7.9%. The company possesses a Momentum Score of A.

Distribution Solutions Group (DSGR - Free Report) : This specialty distribution company which provides value-added distribution solutions to the maintenance, repair & operations, original equipment manufacturer and the industrial technologies markets, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.5% over the last 60 days.

Distribution Solutions Group’s shares gained 11.6% over the last three month compared with the S&P 500’s gain of 7.9%. The company possesses a Momentum Score of A.

Installed Building Products (IBP - Free Report) :This company which, operates as a residential insulation installer in the United States, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.

Installed Building Products’s shares gained 34.6% over the last three month compared with the S&P 500’s gain of 7.9%. The company possesses a Momentum Score of B.

 

See the full list of top ranked stocks here

 

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

Published in