We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, June 6th:
Credo Technology Group (CRDO - Free Report) : This company which is a provider of high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence and high-performance computing markets, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.4% over the last 60 days.
Credo Technology Group Holding Ltd. Price and Consensus
Credo Technology Group’s shares gained 73.6% over the last three month compared with the S&P 500’s gain of 3.6%. The company possesses a Momentum Score of A.
Ferguson plc (FERG - Free Report) : This company which is a distributor of plumbing and heating products to professional contractors and consumers primarily in the USA, UK, Nordics, Canada and Central Europe, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.
Image: Bigstock
Best Momentum Stock to Buy for June 6th
Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, June 6th:
Credo Technology Group (CRDO - Free Report) : This company which is a provider of high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence and high-performance computing markets, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.4% over the last 60 days.
Credo Technology Group Holding Ltd. Price and Consensus
Credo Technology Group Holding Ltd. price-consensus-chart | Credo Technology Group Holding Ltd. Quote
Credo Technology Group’s shares gained 73.6% over the last three month compared with the S&P 500’s gain of 3.6%. The company possesses a Momentum Score of A.
Credo Technology Group Holding Ltd. Price
Credo Technology Group Holding Ltd. price | Credo Technology Group Holding Ltd. Quote
Ferguson plc (FERG - Free Report) : This company which is a distributor of plumbing and heating products to professional contractors and consumers primarily in the USA, UK, Nordics, Canada and Central Europe, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.
Ferguson plc Price and Consensus
Ferguson plc price-consensus-chart | Ferguson plc Quote
Ferguson’s shares gained 29.3% over the last three month compared with the S&P 500’s gain of 3.6%. The company possesses a Momentum Score of A.
Ferguson plc Price
Ferguson plc price | Ferguson plc Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.