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Top Ranked Momentum Stocks to Buy for November 8th

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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, November 8th:

Advanced Energy Industries, Inc. (AEIS - Free Report) : This manufacturer and seller of power conversion products and solutions has seen the Zacks Consensus Estimate for its current year earnings gaining 6.4% over the last 60 days.

ADV ENERGY INDS Price and Consensus

 

Advanced Energy Industries’ shares gained 3.4% over the past one month, compared with the S&P 500’s loss of 1%. The company possess a Momentum Score of A.

ADV ENERGY INDS Price

 

Alliance Holdings GP, L.P. : This producer and seller of coal has witnessed the Zacks Consensus Estimate for its current year earnings surging 9.6% over the last 60 days.

ALLIANCE HLDGS Price and Consensus

 

Alliance Holdings’ shares rose about 1.7% over the past one month. The company possess a Momentum Score of A.

ALLIANCE HLDGS Price

 

Arista Networks, Inc. (ANET - Free Report) : This supplier of cloud networking solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

ARISTA NETWORKS Price and Consensus

 

Arista Networks’ shares rose about 0.8% over the past one month. The company possess a Momentum Score of B.

ARISTA NETWORKS Price

 

Coherent Inc. (COHR - Free Report) : This supplier of photonics-based solutions has witnessed the Zacks Consensus Estimate for its current year earnings surging 28.6% over the last 60 days.

COHERENT INC Price and Consensus

 

Coherent’s shares rose about 5.5% over the past one month. The company possess a Momentum Score of A.

COHERENT INC Price

 

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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