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Best Momentum Stocks to Buy for July 2nd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 2nd:

Groupon, Inc. (GRPN - Free Report) : This marketplace which connects consumers to merchants has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 188.2% over the last 60 days.

Groupon’s shares gained 88.8% over the last three months compared with the S&P 500’s advance of 15%. The company possesses a Momentum Score of A.

The Estee Lauder Companies Inc. (EL - Free Report) : This cosmetic products company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Estee Lauder’s shares gained 46.2% over the last three months compared with the S&P 500’s advance of 15%. The company possesses a Momentum Score of A.

Mitsubishi Corporation (MSBHF - Free Report) : This global integrated business enterprise has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Mitsubishi’s shares gained 22.8% over the last six months compared with the S&P 500’s advance of 4.4%. 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.


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The Estee Lauder Companies Inc. (EL) - free report >>

Groupon, Inc. (GRPN) - free report >>

Mitsubishi Corp. (MSBHF) - free report >>

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