Back to top

Image: Bigstock

Best Momentum Stock to Buy for April 9th

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 9th:

Hang Seng Bank (HSNGY - Free Report) : This 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 3% over the last three month compared with the S&P 500’s decline of 15.8%. The company possesses a Momentum Score of A.

Alibaba (BABA - Free Report) : This company which is one of the leading e-commerce giants in China, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.

Alibaba’s shares gained 18.7% over the last three month compared with the S&P 500’s decline of 15.8%. The company possesses a Momentum Score of B.

CME Group (CME - Free Report) : This company which is the largest futures exchange in the world in terms of trading volume as well as notional value traded, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

CME Group’s shares gained 11.7% over the last three month compared with the S&P 500’s decline of 15.8%. 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:


CME Group Inc. (CME) - free report >>

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

Alibaba Group Holding Limited (BABA) - free report >>

Published in