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Best Momentum Stocks to Buy for August 5th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 5th:

Portland General Electric Company (POR - Free Report) : This integrated electric utility company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.7% over the last 60 days.

Portland General Electric Company Price and Consensus

Portland’s shares gained 12.3% over the last three months compared with the S&P 500’s advance of 0.3%. The company possesses a Momentum Score of A.

Portland General Electric Company Price

Arista Networks, Inc. (ANET - Free Report) : This cloud networking solutions company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Arista Networks, Inc. Price and Consensus

Arista’s shares gained 10.9% over the last three months compared with the S&P 500’s advance of 0.3%. The company possesses a Momentum Score of A.

Arista Networks, Inc. Price

MGIC Investment Corporation (MTG - Free Report) : This mortgage insurance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.

MGIC Investment Corporation Price and Consensus

MGIC’s shares gained 7.8% over the last three months compared with the S&P 500’s advance of 0.3%. The company possesses a Momentum Score of A.

MGIC Investment Corporation Price

 

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


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MGIC Investment Corporation (MTG) - free report >>

Portland General Electric Company (POR) - free report >>

Arista Networks, Inc. (ANET) - free report >>