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Top Ranked Momentum Stocks to Buy for August 24th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 24th:

The Manitowoc Company, Inc. (MTW - Free Report) : This provider of engineered lifting solutions has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 63% over the last 60 days.

 

Manitowoc’s shares gained 6.2% over the last one month compared with the S&P 500’s growth of 1.3%. The company possesses a Momentum Score of A.

 

ON Semiconductor Corporation (ON - Free Report) : This manufacturer and seller of semiconductor components has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.5% over the last 60 days.

 

ON Semiconductor’s shares gained 15.6% over the last one month. The company possesses a Momentum Score of A.

 

Atlas Air Worldwide Holdings, Inc. (AAWW - Free Report) : This provider of outsourced aircraft and aviation operating services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.6% over the last 60 days.

 

Atlas Air’s shares gained 12.7% over the last one month. The company possesses a Momentum Score of A.

 

Materialise NV (MTLS - Free Report) : This provider of additive manufacturing and medical software, and 3D printing services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

Materialise NV Price and Consensus

Materialise NV Price and Consensus

Materialise NV price-consensus-chart | Materialise NV Quote

 

Materialise’s shares gained 7.1% 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.