Best Momentum Stocks to Buy for November 23rd

ROST CVLT PDFS

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 23rd:

Ross Stores, Inc. (ROST - Free Report) : This retail apparel and home fashion store chain has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 days.

Ross Stores’ shares gained 31% over the last three months compared with the S&P 500’s decline of 5%. The company possesses a Momentum Score of A.

Commvault Systems, Inc. (CVLT - Free Report) : This data protection and information management software applications company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.

Commvault’s shares gained 14.6% over the last three months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score of A.

PDF Solutions, Inc. (PDFS - Free Report) : This company which provides proprietary software and physical intellectual property products for integrated circuit designs has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.6% over the last 60 days.

PDF’s shares gained 12.2% over the last three months compared with the S&P 500’s decline of 5%. 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.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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