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Top Ranked Momentum Stocks to Buy for August 9th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 9th:

Callaway Golf Company : This golf company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 22.9% over the last 60 days.

Callaway Golf’s shares gained 2.8% over the last one month higher than S&P 500’s gains of 2.1%. The company possesses a Momentum Score of A.

Meritor, Inc. : This developer of integrated systemshas a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 19.7% over the last 60 days.

Meritor, Inc. Price and Consensus

Meritor, Inc. Price and Consensus | Meritor, Inc. Quote

Meritor’s shares gained 13.9% over the last one month. The company possesses a Momentum Score of A.

GP Strategies Corporation : This customized training solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 3.2% over the last 60 days.

GP Strategies’ shares gained 4.7% over the last one month. The company possesses a Momentum Score of A.

Spartan Motors, Inc. : This heavy-duty and custom vehicles manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 25% over the last 60 days.

Spartan Motors’ shares gained 5.1% over the last one month. The company possesses a Momentum Score of A.

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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