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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 23rd:
Everi Holdings Inc. (EVRI - Free Report) : This technology solutions provider for the casino gaming industry has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 75% over the last 60 days.
Pixelworks, Inc. (PXLW - Free Report) : This semiconductor company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings jumping 60% over the last 60 days.
Acacia Communications, Inc. : This developer and manufacturer of high-speed coherent optical interconnect products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 51.5% over the last 60 days.
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Top Ranked Momentum Stocks to Buy for August 23rd
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 23rd:
Everi Holdings Inc. (EVRI - Free Report) : This technology solutions provider for the casino gaming industry has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 75% over the last 60 days.
Everi Holdings Inc. Price and Consensus
Everi Holdings Inc. price-consensus-chart | Everi Holdings Inc. Quote
Everi’s shares gained 12.5% over the last one month more than S&P 500’s gain of 1.5%. The company possesses a Momentum Score of B.
Everi Holdings Inc. Price
Everi Holdings Inc. price | Everi Holdings Inc. Quote
Pixelworks, Inc. (PXLW - Free Report) : This semiconductor company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings jumping 60% over the last 60 days.
Pixelworks, Inc. Price and Consensus
Pixelworks, Inc. price-consensus-chart | Pixelworks, Inc. Quote
Pixelworks’ shares gained 25.7% over the last one month. The company possesses a Momentum Score of B.
Pixelworks, Inc. Price
Pixelworks, Inc. price | Pixelworks, Inc. Quote
Acacia Communications, Inc. : This developer and manufacturer of high-speed coherent optical interconnect products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 51.5% over the last 60 days.
Acacia Communications, Inc. Price and Consensus
Acacia Communications, Inc. price-consensus-chart | Acacia Communications, Inc. Quote
Acacia Communications’ shares gained 18.4% over the last one month. The company possesses a Momentum Score of B.
Acacia Communications, Inc. Price
Acacia Communications, Inc. price | Acacia Communications, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>