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Best Momentum Stock to Buy for March 20th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 20th:

Hang Seng Bank (HSNGY - Free Report) : This company which is a world-class financial institution and one of Hong Kong's largest listed companies in terms of market capitalization, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

Hang Seng Bank’s shares gained 22% over the last three month compared with the S&P 500’s loss of 4.2%. The company possesses a Momentum Score of A.

Tokio Marine(TKOMY - Free Report) : This Japan-based holding company which is engaged in the non-life insurance, life insurance and asset management businesses, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.7% over the last 60 days.

Tokio Marine’s shares gained 15.4% over the last three month compared with the S&P 500’s loss of 4.3%. The company possesses a Momentum Score of B.

First Merchants (FRME - Free Report) : This bank holding company which is engaged in conducting commercial banking business, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 8.5% over the last 60 days.

First Merchants’ shares gained 0.7% over the last three month compared with the S&P 500’s loss of 4.3%. 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


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Tokio Marine Holdings Inc. (TKOMY) - free report >>

First Merchants Corporation (FRME) - free report >>

Hang Seng Bank Ltd. (HSNGY) - free report >>

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