Top Ranked Momentum Stocks to Buy for August 22nd

LYB WK

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 22nd:

Acacia Communications, Inc. : This developer and manufacturer of high-speed coherent optical interconnect products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 51.5% over the last 60 days.

Acacia Communications, Inc. Price and Consensus

Acacia’s shares gained 16.4% over the last one month more than S&P 500’s gain of 1.5%. The company possesses a Momentum Score of A.

Acacia Communications, Inc. Price

Workiva Inc. (WK - Free Report) : This cloud solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 26% over the last 60 days.

Workiva Inc. Price and Consensus

Workiva’s shares gained 20.6% over the last one month. The company possesses a Momentum Score of B.

Workiva Inc. Price

LyondellBasellIndustries N.V. (LYB - Free Report) : This chemical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 6.1% over the last 60 days.

LyondellBasell Industries N.V. Price and Consensus

LyondellBasellIndustries’ shares gained 6.1% over the last one month. The company possesses a Momentum Score of B.

LyondellBasell Industries N.V. Price

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

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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.

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