Top Ranked Momentum Stocks to Buy for June 12th

BBY AMAT AAOI CC

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, June 12th:

Chemours Company (CC - Free Report) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.

Chemours’ shares gained 21.6% over the last three months higher. The company possesses a Momentum Score of B.

Applied Materials, Inc. (AMAT - Free Report) : This technology company has witnessed the Zacks Consensus Estimate for its current year earnings rising 13.2% over the last 60 days.

Applied Materials’ shares gained 17.4% over the last three months. The company possesses a Momentum Score of B.

Best Buy Co., Inc. (BBY - Free Report) : This retailer has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.

Best Buy’s shares gained 29.8% over the last three months. The company possesses a Momentum Score of A.

Applied Optoelectronics, Inc. (AAOI - Free Report) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.

Applied Optoelectronics’ shares increased 0.8% over the past one month. 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

Zacks' 2017 IPO Watch List  

Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.

One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>

                            

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 >>