Back to top

Image: Bigstock

Best Momentum Stocks to Buy for August 18th

Read MoreHide Full Article

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, August 18th:

Synchronoss Technologies (SNCR - Free Report) : This company which provides essential mobile solutions for Service Providers and Enterprise through proven and scalable software solutions and platforms, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 220.0% over the last 60 days.

Synchronoss Technologies’ shares gained 16.3% over the last month compared with the S&P 500’s gain of 8.7%. The company possesses a Momentum Score of A.

Extra Space Storage (EXR - Free Report) : This real estate investment trust (REIT) offers a vast array of well-located storage units to its customers, including boat storage, recreational vehicle storage and business storage, has a Zacks Rank #1and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

Extra Space Storage’s shares gained 28.0% over the last three months compared with the S&P 500’s gain of 10.2%. 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.


See More Zacks Research for These Tickers


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


Synchronoss Technologies, Inc. (SNCR) - free report >>

Extra Space Storage Inc (EXR) - free report >>

Published in