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Top Ranked Momentum Stocks to Buy for July 2nd
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 2nd:
Baozun Inc. (BZUN - Free Report) : This brand e-commerce service provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.
Baozun Inc. Price and Consensus
Baozun Inc. price-consensus-chart | Baozun Inc. Quote
Baozun’s shares gained 32.1% over the last one month compared to the S&P 500 rise of 2%. The company possesses a Momentum Score of A.
Baozun Inc. Price
Baozun Inc. price | Baozun Inc. Quote
Patrick Industries, Inc. (PATK - Free Report) : This building products and materials manufacturer and distributor has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.8% over the last 60 days.
Patrick Industries, Inc. Price and Consensus
Patrick Industries, Inc. price-consensus-chart | Patrick Industries, Inc. Quote
Patrick Industries’ shares gained 8.7% over the last one month. The company possesses a Momentum Score of A.
Patrick Industries, Inc. Price
Patrick Industries, Inc. price | Patrick Industries, Inc. Quote
58.com Inc. : This multi-category online classifieds platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 44% over the last 60 days.
58.com Inc. Price and Consensus
58.com Inc. price-consensus-chart | 58.com Inc. Quote
58.com’s shares gained 7.8% over the last one month. The company possesses a Momentum Score of B.
58.com Inc. Price
58.com Inc. price | 58.com Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Click here for the 6 trades >>