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Top Ranked Momentum Stocks to Buy for August 23rd

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 23rd:

Chefs' Warehouse, Inc. (CHEF - Free Report) : This distributor of specialty food products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 10.8% over the last 60 days.

Chefs' Warehouse’s shares gained 22.8% over the last one month in contrast to S&P 500’s loss of 0.8%. The company possesses a Momentum Score of A.

Triple-S Management Corporation (GTS - Free Report) : This managed care products provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Triple-S Management’s shares gained 50.9% over the last one month. The company possesses a Momentum Score of A.

Sanderson Farms, Inc. (SAFM - Free Report) : This integrated poultry processing companyhas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 9.9% over the last 60 days.

Sanderson Farms’ shares gained 20.4% over the last one month. The company possesses a Momentum Score of A.

PDL BioPharma, Inc. (PDLI - Free Report) : This biopharmaceutical companyhas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

PDL BioPharma’s shares gained 18.1% 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.

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