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Best Momentum Stock to Buy for March 29th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 29th:

Nucor (NUE - Free Report) : This company which is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.

Nucor’s shares gained 11.0% over the last three month compared with the S&P 500’s gain of 3.5%. The company possesses a Momentum Score of A.

Enfusion (ENFN - Free Report) : This company which is a provider of cloud-based investment management software and services, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Enfusion’s shares gained 5.5% over the last month compared with the S&P 500’s gain of 3.5%. The company possesses a Momentum Score of A.

Trinity Capital (TRIN - Free Report) : This internally managed business development company that provides debt, including loans and equipment financing, to growth stage companies, including venture-backed companies and companies with institutional equity investors, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.0% over the last 60 days.

Trinity Capital’s shares gained 23.9% over the last month compared with the S&P 500’s gain of 3.5%. The company possesses a Momentum Score of A.

 

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


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Nucor Corporation (NUE) - free report >>

Trinity Capital Inc. (TRIN) - free report >>

Enfusion, Inc. (ENFN) - free report >>

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