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Best Momentum Stocks to Buy for March 16th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 16:

Drilling Tools International Corporation (DTI - Free Report) : This oilfield services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.7% over the last 60 days.

Drilling Tools International's shares gained 36.5% over the last three months compared with the S&P 500’s decline of 1%. The company possesses a Momentum Score of A.

Ciena Corporation (CIEN - Free Report) : This network technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.1% over the last 60 days.

Ciena's shares gained 65.5% over the last three months compared with the S&P 500’s decline of 1%. The company possesses a Momentum Score of B.

Astronics Corporation (ATRO - Free Report) : This aerospace and defense company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Astronics’ shares gained 26.5% over the last three months compared with the S&P 500’s decline of 1%. 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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