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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 1st:
Zscaler, Inc. (ZS - Free Report) : This cloud security company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 40% over the last 60 days.
Purple Innovation, Inc. (PRPL - Free Report) : This designer and manufacturer of mattresses, pillows, and cushions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
Thor Industries, Inc. (THO - Free Report) : This designer and manufacturer of recreational vehicles (RVs), and related parts and accessories has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
Image: Bigstock
Top Ranked Momentum Stocks to Buy for July 1st
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 1st:
Zscaler, Inc. (ZS - Free Report) : This cloud security company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 40% over the last 60 days.
Zscaler, Inc. Price and Consensus
Zscaler, Inc. price-consensus-chart | Zscaler, Inc. Quote
Zscaler's shares gained 9.7% over the last one month compared to S&P 500’s rise of +2.2%. The company possesses a Momentum Score of B.
Zscaler, Inc. Price
Zscaler, Inc. price | Zscaler, Inc. Quote
Purple Innovation, Inc. (PRPL - Free Report) : This designer and manufacturer of mattresses, pillows, and cushions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
PURPLE INNOVATION, INC. Price and Consensus
PURPLE INNOVATION, INC. price-consensus-chart | PURPLE INNOVATION, INC. Quote
Purple Innovation’s shares gained 25% over the last one month. The company possesses a Momentum Score of A.
PURPLE INNOVATION, INC. Price
PURPLE INNOVATION, INC. price | PURPLE INNOVATION, INC. Quote
Thor Industries, Inc. (THO - Free Report) : This designer and manufacturer of recreational vehicles (RVs), and related parts and accessories has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
Thor Industries, Inc. Price and Consensus
Thor Industries, Inc. price-consensus-chart | Thor Industries, Inc. Quote
Thor Industries' shares gained 23.7% over the last one month. The company possesses a Momentum Score of A.
Thor Industries, Inc. Price
Thor Industries, Inc. price | Thor Industries, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>