Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for April 20th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 20th:

Raymond James Financial, Inc. (RJF - Free Report) : This company that engages in the underwriting, distribution, trading, and brokerage of equity and debt securities has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

 

Raymond James Financial’s shares gained 8.3% over the last one month compared with the S&P 500’s growth of 6.1%. The company possesses a Momentum Score of A.

 

HarborOne Bancorp, Inc. (HONE - Free Report) : This holding company that provides financial services to individuals, families, small and mid-size businesses, and municipalities has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.

 

HarborOne Bancorp’s shares gained 9.5% over the last one month. The company possesses a Momentum Score of B.

 

West Fraser Timber Co. Ltd. (WFG - Free Report) : This diversified wood products company, produces and sells lumber, panels, and pulp and papers has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.8% over the last 60 days.

 

West Fraser Timber’s shares gained 27.9% over the last one month. The company possesses a Momentum Score of A.

 

Movado Group, Inc. (MOV - Free Report) : This company that designs, sources, markets, and distributes watches has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34% over the last 60 days.

 

Movado Group Inc. Price and Consensus

Movado Group Inc. Price and Consensus

Movado Group Inc. price-consensus-chart | Movado Group Inc. Quote

 

Movado’s shares gained 30.6% 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.

+1,500% Growth: One of 2021’s Most Exciting Investment Opportunities

In addition to the stocks you read about above, would you like to see Zacks’ top picks to capitalize on the Internet of Things (IoT)? It is one of the fastest-growing technologies in history, with an estimated 77 billion devices to be connected by 2025. That works out to 127 new devices per second.

Zacks has released a special report to help you capitalize on the Internet of Things’s exponential growth. It reveals 4 under-the-radar stocks that could be some of the most profitable holdings in your portfolio in 2021 and beyond.

Click here to download this report FREE >>