Best Momentum Stocks to Buy for June 9th

ADM GLAD GOGL

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

Golden Ocean Group Limited (GOGL - Free Report) : This shipping company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 56.4% over the last 60 days.

Golden Ocean Group Limited Price and Consensus

Golden Ocean’s shares gained 22.6% over the last three months compared with the S&P 500’s decline of 6.4%. The company possesses a Momentum Score of A.

Golden Ocean Group Limited Price

Gladstone Capital Corporation (GLAD - Free Report) : This specialty finance company that invests in debt securities has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

Gladstone Capital Corporation Price and Consensus

Gladstone’s shares gained 1.9% over the last three months compared with the S&P 500’s decline of 6.4%. The company possesses a Momentum Score of B.

Gladstone Capital Corporation Price

Archer-Daniels-Midland Company (ADM - Free Report) : This agricultural commodities and ingredients company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.3% over the last 60 days.

Archer Daniels Midland Company Price and Consensus

Archer-Daniels-Midland’s shares gained 8.3% over the last three months compared with the S&P 500’s decline of 6.4%. The company possesses a Momentum Score of B.

Archer Daniels Midland Company Price

 

See the full list of top ranked stocks here

 

Learn more about the Momentum score and how it is calculated here.

Where Will Stocks Go…

If Biden Wins? If Trump Wins?

The answers may surprise you.

Since 1950, even after negative midterm years, the market has never had a lower presidential election year. With voters energized and engaged, the market has been almost unrelentingly bullish no matter which party wins!

Now is the time to download Zacks' free Special Report with 5 stocks that offer extreme upside for both Democrats and Republicans…

1. Medical manufacturer has gained +11,000% in the last 15 years.

2. Rental company is absolutely crushing its sector.

3. Energy powerhouse plans to grow its already large dividend by 25%.

4. Aerospace and defense standout just landed a potentially $80 billion contract.

5. Giant Chipmaker is building huge plants in the U.S. 

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