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Best Momentum Stocks to Buy for March 3rd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 3rd:

Photronics (PLAB - Free Report) : This is a leading worldwide manufacturer of photomasks, these are high precision quartz plates that contain microscopic images of electronic circuits, has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days.

Photronics’s shares gained 34.4% over the last three month compared with the S&P 500’s decline of 5.3%. The company possesses a Momentum Score of A

Textainer Group : This company is a world’s largest lessor of intermodal containers with a total fleet of more than 1.3 million containers, they lease containers to more than 400 shipping lines and other lessees, including each of the world's top 20 container lines, the company has seen Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.

Textainer Group’s shares gained 10.1% over the last three month compared with the S&P 500’s decline of 5.3%. The company possesses a Momentum Score of A.

Westlake Corp. (WLK - Free Report) : This company is a global producer and supplier of materials and innovative products which includes ethylene, polyethylene, styrene, vinyl intermediates, PVC, PVC Pipe, PVC windows, fence and decking components e.t.c, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.7% over the last 60 days.

Westlake Corp’s shares gained 18.2% over the last three month compared with the S&P 500’s decline of 5.3%. 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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