Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 7th:
Louisiana-Pacific Corporation (LPX - Free Report) : This company that manufactures building materials and engineered wood products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 58.7% over the last 60 days.
Louisiana-Pacific’s shares gained 21.3% over the last one month compared to S&P 500’s rise of 6.7%. The company possesses a Momentum Score of A.
GP Strategies Corporation : This company that provides performance improvement and learning solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.7% over the last 60 days.
GP Strategies’ shares gained nearly 16% over the last one month. The company possesses a Momentum Score of A.
Central Garden & Pet Company (CENT - Free Report) : This innovator, marketer and producer of quality branded products for the lawn and garden and pet supplies markets has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10% over the last 60 days.
Central Garden & Pet Co.’s shares gained 14.1% over the last one month. The company possesses a Momentum Score of A.
Coherent, Inc. (COHR - Free Report) : This company that designs, manufactures and markets laser systems and components, laser measurement and control products, optics, and laser accessories carries a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.2% over the last 60 days.
Coherent’s shares gained 9.6% over the last one month. The company possesses a Momentum Score of B.
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 $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 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 >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 7th:
Louisiana-Pacific Corporation (LPX - Free Report) : This company that manufactures building materials and engineered wood products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 58.7% over the last 60 days.
Louisiana-Pacific’s shares gained 21.3% over the last one month compared to S&P 500’s rise of 6.7%. The company possesses a Momentum Score of A.
GP Strategies Corporation : This company that provides performance improvement and learning solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.7% over the last 60 days.
GP Strategies’ shares gained nearly 16% over the last one month. The company possesses a Momentum Score of A.
Central Garden & Pet Company (CENT - Free Report) : This innovator, marketer and producer of quality branded products for the lawn and garden and pet supplies markets has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10% over the last 60 days.
Central Garden & Pet Co.’s shares gained 14.1% over the last one month. The company possesses a Momentum Score of A.
Coherent, Inc. (COHR - Free Report) : This company that designs, manufactures and markets laser systems and components, laser measurement and control products, optics, and laser accessories carries a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.2% over the last 60 days.
Coherent’s shares gained 9.6% over the last one month. The company possesses a Momentum Score of B.
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 $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 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 >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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