Best Momentum Stocks to Buy for June 29th

MTDR STNG SOI

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 29th:

Matador Resources Company (MTDR - Free Report) : This independent explorer and producer of oil and natural gas has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

Matador Resources Company Price and Consensus

Matador’s shares gained 38.9% over the last six months compared with the S&P 500’s decline of 18.8%. The company possesses a Momentum Score of A.

Matador Resources Company Price

Scorpio Tankers Inc. (STNG - Free Report) : This seaborne transporter of refined petroleum products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1300% over the last 60 days.

Scorpio Tankers Inc. Price and Consensus

Scorpio’s shares gained 198.3% over the last six months compared with the S&P 500’s decline of 18.8%. The company possesses a Momentum Score of A.

Scorpio Tankers Inc. Price

Solaris Oilfield Infrastructure, Inc. (SOI - Free Report) : This company that sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 64.1% over the last 60 days.

Solaris Oilfield Infrastructure, Inc. Price and Consensus

Solaris’ shares gained 79.7% over the last six months compared with the S&P 500’s decline of 18.8%. The company possesses a Momentum Score of B.

Solaris Oilfield Infrastructure, Inc. Price

 

See the full list of top ranked stocks here

 

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

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 >>