Top Ranked Momentum Stocks to Buy for April 16th

GFI INVA OCGN

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 16th:

Gold Fields Limited (GFI - Free Report) : This company that operates as a gold producer with reserves and resources has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.5% over the last 60 days.

Gold Fields’ shares gained 64.1% over the last one month compared with the S&P 500 growth 2.7%. The company possesses a Momentum Score of A.

Innoviva, Inc. (INVA - Free Report) : This company that engages in the development and commercialization of pharmaceuticals has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.2% over the last 60 days.

Innoviva’s shares gained 18% over the last one month. The company possesses a Momentum Score of A.

Ocugen, Inc. (OCGN - Free Report) : This clinical stage biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.4% over the last 60 days.

Ocugen’s shares gained 58.2% over the last one month. The company possesses a Momentum Score of A.

Casa Systems, Inc. : This company that provides software-centric broadband products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Casa Systems’ shares gained 63.3% 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.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

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.

Today, See These 5 Potential Home Runs >>

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 >>