Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 22:

Fidus Investment Corporation (FDUS Quick QuoteFDUS - Free Report) : This business development company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Fidus’ shares gained 7.1% over the last three months compared with the S&P 500’s advance of 5.9%. The company possesses a Momentum Score of B.

Alibaba Group Holding Limited (BABA Quick QuoteBABA - Free Report) : This e-commerce company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9% over the last 60 days.    

Alibaba’s shares gained 6.8% over the last three months compared with the S&P 500’s advance of 5.8%. The company possesses a Momentum Score of A.

First Business Financial Services, Inc. (FBIZ Quick QuoteFBIZ - Free Report) : This bank holding company for First Business Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.

First Business’shares gained 14.2% over the last three months compared with the S&P 500’s advance of 5.8%. 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.