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Best Momentum Stocks to Buy for July 14th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 14th:

Eledon Pharmaceuticals, Inc. (ELDN - Free Report) : This clinical stage biotechnology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.8% over the last 60 days.

Eledon’s shares gained 22.2% over the past month compared with the S&P 500’s advance of 3.8%. The company possesses a Momentum Score of A.

KDDI Corporation (KDDIY - Free Report) : This Japanese telecommunications services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 39.7% over the last 60 days.

KDDI’s shares gained 5.9% over the last six months compared with the S&P 500’s advance of 5.2%. The company possesses a Momentum Score of B.

Penguin Solutions, Inc. (PENG - Free Report) : This designer and developer of enterprise solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.2% over the last 60 days.

Penguin’s shares gained 41.2% over the last three months compared with the S&P 500’s advance of 16%. 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.


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KDDI Corporation Unsponsored ADR (KDDIY) - free report >>

Eledon Pharmaceuticals, Inc. (ELDN) - free report >>

Penguin Solutions, Inc. (PENG) - free report >>

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