Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for August 27th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 27th:

Generac Holdings Inc. (GNRC - Free Report) : This designer, manufacturer, and seller of power generation equipment, energy storage systems, and other power products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.7% over the last 60 days.

Generac’s shares gained 41.1% over the last one month compared with the S&P 500’s growth of 8.2%. The company possesses a Momentum Score of A.

Aspen Technology, Inc. (AZPN - Free Report) : This provider of asset optimization solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 46.9% over the last 60 days.

Aspen Tech’s shares gained 32.9% over the last one month. The company possesses a Momentum Score of A.

BMC Stock Holdings, Inc. (BMCH - Free Report) : This provider of various building products and services for homebuilder and professional contractor customers has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 61.9% over the last 60 days.

BMC Stock’s shares gained 25.3% over the last one month. The company possesses a Momentum Score of A.

Target Corporation (TGT - Free Report) : This operator of general merchandise retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 44.2% over the last 60 days.

Target’s shares gained 23.4% 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.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>