Top Ranked Momentum Stocks to Buy for July 12th

JD CHRS ELF

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

Coherus BioSciences, Inc. (CHRS - Free Report) : This commercial-stage biotherapeutics company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 42.5% over the last 60 days.

Coherus BioSciences’ shares gained 8% over the last one month more than S&P 500’s rise of 4.3%. The company possesses a Momentum Score of A.

JD.com, Inc. (JD - Free Report) : This e-commerce company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3% over the last 60 days.

JD.com’s shares gained 13.9% over the last one month. The company possesses a Momentum Score of B.

e.l.f. Beauty, Inc. (ELF - Free Report) : This beauty company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

e.l.f. Beauty’s shares gained 35.6% over the last one month. The company possesses a Momentum Score of B.

Peak Resorts, Inc. : This ski resorts operator has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 75.6% over the last 60 days.

Peak Resorts' shares gained 25.2% 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.

The Hottest Tech Mega-Trend of All                

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>                

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 >>