Back to top

Image: Bigstock

Best Momentum Stocks to Buy for June 23rd

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 23rd:

Earthstone Energy (ESTE - Free Report) : This growth-oriented independent energy company which is engaged in the development and operations oil and gas properties in west and south Texas, has a Zacks Rank #1(Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days.

Earthstone Energy’s shares gained 14.3% over the last three months compared with the S&P 500’s decline of 16.8%. The company possesses a Momentum Score of A.

Golar LNG Limited (GLNG - Free Report) : This company is primarily involved in the transportation and regasification of LNG and the liquefaction of natural gas, it has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 15.4% over the last 60 days.

Golar LNG Limited’s shares gained 74.6% over the last six months compared with the S&P 500’s decline of 20.3%. The company possesses a Momentum  Score of B

Archer Daniels Midland (ADM - Free Report) : This company which is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.5% over the last 60 days.

Archer Daniels Midland’s shares gained 19.5% over the last six months compared with the S&P 500’s decline of 20.3%. The company possesses a Momentum Scoreof B.

 

See the full list of top ranked stocks here

 

Learn more about the Momentum score and how it is calculated here.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Archer Daniels Midland Company (ADM) - free report >>

Golar LNG Limited (GLNG) - free report >>

Earthstone Energy, Inc. (ESTE) - free report >>

Published in