Best Momentum Stocks to Buy for June 12th

TGS ACA CVLG

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 12th:

Transportadora de Gas del Sur S.A. (TGS - Free Report) : This natural gas transportation services and production company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 687.5% over the last 60 days.

Transportadora’s shares gained 34.5% over the last three months compared with the S&P 500’s advance of 12.3%. The company possesses a Momentum Score of A.

Covenant Logistics Group, Inc. (CVLG - Free Report) : This company that provides transportation and logistics services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

Covenant’s shares gained 16% over the last three months compared with the S&P 500’s advance of 12.3%. The company possesses a Momentum Score of B.

Arcosa, Inc. (ACA - Free Report) : This infrastructure products and solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 44.3% over the last 60 days.

Arcosa’s shares gained 28.3% over the last three months compared with the S&P 500’s advance of 12.3%. 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.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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