Top Ranked Momentum Stocks to Buy for July 16th

HES SAM WHD

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, July 16th:

Actuant Corporation : This designer of industrial products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings soaring 2.9% over the last 60 days.

Actuant's shares gained 9.5% over the last one month higher than the S&P 500’s increase of 1%. The company possesses a Momentum Score of A.

Cactus, Inc. (WHD - Free Report) : This seller of wellheads and pressure controequipment has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 0.7% over the last 60 days.

Cactus's shares gained 6.5% over the last one month. The company possesses a Momentum Score of A.

The Boston Beer Company, Inc. (SAM - Free Report) : This seller of alcohol beverages has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings soaring 9.6% over the last 60 days.

Boston Beer 's shares gained 13.5% over the last one month. The company possesses a Momentum Score of A.

Hess Corporation (HES - Free Report) : This oil exploration and production company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings jumping 29.9% over the last 60 days.

Hess's shares gained 8% 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.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

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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.

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