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Best Momentum Stocks to Buy for June 24th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 24th:
The Kroger Co. (KR - Free Report) : This company which operates in the thin-margin grocery industry, has been undergoing a complete makeover, not only with respect to products but also in terms of the way consumers prefer shopping grocery, it has a Zacks Rank #1(Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.
The Kroger Co. Price and Consensus
The Kroger Co. price-consensus-chart | The Kroger Co. Quote
The Kroger’s shares gained 10.1% over the last six months compared with the S&P 500’s decline of 20.7%. The company possesses a Momentum Score of A.
The Kroger Co. Price
The Kroger Co. price | The Kroger Co. Quote
PetroChina : This largest integrated oil company in China which is one of the largest producers of crude oil and natural gas in the world, it has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 10.6% over the last 60 days.
PetroChina Company Limited Price and Consensus
PetroChina Company Limited price-consensus-chart | PetroChina Company Limited Quote
PetroChina’s shares gained 5.5% over the last six months compared with the S&P 500’s decline of 20.7%. The company possesses a Momentum Score of B
PetroChina Company Limited Price
PetroChina Company Limited price | PetroChina Company Limited Quote
Eagle Bulk Shipping : This shipping company which is the largest U.S-based owner of Handymax dry bulk vessels, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.
Eagle Bulk Shipping Inc. Price and Consensus
Eagle Bulk Shipping Inc. price-consensus-chart | Eagle Bulk Shipping Inc. Quote
Eagle Bulk Shipping’s shares gained 27.4% over the last six months compared with the S&P 500’s decline of 20.7%. The company possesses a Momentum Score of B.
Eagle Bulk Shipping Inc. Price
Eagle Bulk Shipping Inc. price | Eagle Bulk Shipping Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.