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Best Momentum Stocks to Buy for September 2nd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 2nd:

Pinduoduo Inc. (PDD - Free Report) : This e-commerce company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 86.3% over the last 60 days.

Pinduoduo Inc. Sponsored ADR Price and Consensus

Pinduoduo's shares gained 35.6% over the last three months compared with the S&P 500’s decline of 5.4%. The company possesses a Momentum Score of A.

Pinduoduo Inc. Sponsored ADR Price

LPL Financial Holdings Inc. (LPLA - Free Report) : This integrated platform of brokerage and investment advisory services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.

LPL Financial Holdings Inc. Price and Consensus

LPL’s shares gained 12.2% over the last three months compared with the S&P 500’s decline of 5.4%. The company possesses a Momentum Score of B.

LPL Financial Holdings Inc. Price

Mercantile Bank Corporation (MBWM - Free Report) : This bank holding company for Mercantile Bank of Michigan has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

Mercantile Bank Corporation Price and Consensus

Mercantile’s shares gained 1.6% over the last three months compared with the S&P 500’s decline of 5.4%. The company possesses a Momentum Score of B.

Mercantile Bank 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


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


LPL Financial Holdings Inc. (LPLA) - free report >>

Mercantile Bank Corporation (MBWM) - free report >>

Pinduoduo Inc. Sponsored ADR (PDD) - free report >>

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