Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for April 29th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 29th:

Gerdau S.A. (GGB - Free Report) : This company that provides steel products and services has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 51.9% over the last 60 days.

 

Gerdau S.A. Price and Consensus

Gerdau S.A. Price and Consensus

Gerdau S.A. price-consensus-chart | Gerdau S.A. Quote

 

Gerdau’s shares gained 29.4% over the last one month compared to S&P 500’s rise of nearly 6%. The company possesses a Momentum Score of A.

 

Robert Half International Inc. (RHI - Free Report) : This company that provides staffing and risk consulting services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.

 

Robert Half International’s shares gained 14.8% over the last one month. The company possesses a Momentum Score of A.

 

Silicon Laboratories Inc. (SLAB - Free Report) : This provider of silicon, software and solutions for the Internet of Things, Internet infrastructure, industrial automation, consumer and automotive markets has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.

 

Silicon Laboratories’ shares gained 8.7% over the last one month. The company possesses a Momentum Score of A.

 

Continental Resources, Inc. (CLR - Free Report) : This crude-oil concentrated, independent oil and natural gas exploration and production company carries a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 82.6% over the last 60 days.

 

Continental Resources’ shares gained 6.7% 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>>