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Best Momentum Stocks to Buy for July 11th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 11th:

Suncor Energy (SU - Free Report) : This Canadian premier integrated energy company with operations including oil sands development and upgrading, conventional and offshore crude oil and gas production, petroleum refining, and product marketing, it has a Zacks Rank #1(Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.7% over the last 60 days.

Suncor Energy’s shares gained 18.5% over the last six months compared with the S&P 500’s decline of 16.8%. The company possesses a Momentum Score of A.

Mercer International (MERC - Free Report) : This company owns and operates a diverse pulp and paper business in the southern German states of Saxony and Thuringia, it has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.8% over the last 60 days.

Mercer International’s shares gained 15.6% over the last six months compared with the S&P 500’s decline of 16.8%. The company possesses a Momentum  Score of A

Alliance Resource Partners (ARLP - Free Report) : This diversified producer and marketer of coal to major U.S. utilities and industrial users, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days.

Alliance Resource Partners’ shares gained 41.9% over the last six months compared with the S&P 500’s decline of 16.8%. The company possesses a Momentum Score of B.

 

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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Suncor Energy Inc. (SU) - free report >>

Alliance Resource Partners, L.P. (ARLP) - free report >>

Mercer International Inc. (MERC) - free report >>

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