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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 6th:
Chewy, Inc. (CHWY - Free Report) : This company that engages in the pure play e-commerce business has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.
Frontline Ltd. (FRO - Free Report) : This shipping company that engages in the seaborne transportation of crude oil and oil products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.
Teekay Tankers Ltd. (TNK - Free Report) : This company that provides marine transportation services to oil industries has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.
Novan, Inc. : This clinical development-stage biotechnology company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.
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Top Ranked Momentum Stocks to Buy for April 6th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 6th:
Chewy, Inc. (CHWY - Free Report) : This company that engages in the pure play e-commerce business has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.
Chewy Inc. Price and Consensus
Chewy Inc. price-consensus-chart | Chewy Inc. Quote
Chewy’s shares gained 17% over the last one month in contrast the S&P 500 declined 17.7%. The company possesses a Momentum Score of A.
Chewy Inc. Price
Chewy Inc. price | Chewy Inc. Quote
Frontline Ltd. (FRO - Free Report) : This shipping company that engages in the seaborne transportation of crude oil and oil products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.
Frontline Ltd. Price and Consensus
Frontline Ltd. price-consensus-chart | Frontline Ltd. Quote
Frontline’s shares gained 17.8% over the last one month. The company possesses a Momentum Score of A.
Frontline Ltd. Price
Frontline Ltd. price | Frontline Ltd. Quote
Teekay Tankers Ltd. (TNK - Free Report) : This company that provides marine transportation services to oil industries has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.
Teekay Tankers Ltd. Price and Consensus
Teekay Tankers Ltd. price-consensus-chart | Teekay Tankers Ltd. Quote
Teekay Tankers’ shares gained 14% over the last one month. The company possesses a Momentum Score of A.
Teekay Tankers Ltd. Price
Teekay Tankers Ltd. price | Teekay Tankers Ltd. Quote
Novan, Inc. : This clinical development-stage biotechnology company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.
Novan Inc. Price and Consensus
Novan Inc. price-consensus-chart | Novan Inc. Quote
Novan’s shares gained 13.2% over the last one month. The company possesses a Momentum Score of A.
Novan Inc. Price
Novan Inc. price | Novan Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.
See these 7 breakthrough stocks now>>