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Best Momentum Stocks to Buy for June 16th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 16th:

Continental Resources : This Oklahoma City-based company which is an explorer and producer of oil and natural gas, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.9% over the last 60 days.

Continental Resources’shares gained 18.3% over the last three months compared with the S&P 500’s decline of -14.1%. The company possesses a Momentum Score of A.

SpartanNash (SPTN - Free Report) : This food distribution company which serves military commissaries and exchanges in the United States., has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

SpartanNash’sshares gained 4.9% over the last three months compared with the S&P 500’s decline of 14.1%. The company possesses a Momentum Score of A.

Otter Tail (OTTR - Free Report) : This company which produces, transmits, distributes and sale electric energy, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 37.3% over the last 60 days.

Otter Tail’s shares gained 4.6% over the last three months compared with the S&P 500’s decline of 14.1%. 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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