Back to top

Image: Bigstock

Best Momentum Stock to Buy for March 24th

Read MoreHide Full Article

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, March 24th:

RWE AG (RWEOY - Free Report) : This company which is active in the generation and transmission as well as the sale and trading of electricity and gas in Europe, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

RWE AG Price and Consensus

RWE AG Price and Consensus

RWE AG price-consensus-chart | RWE AG Quote

RWE AG's shares gained 21.5% over the last three month compared with the S&P 500’s decline of 5.1%. The company possesses a Momentum Score of B.

Astec Industries (ASTE - Free Report) : This company, which is a leading manufacturer and marketer of road building equipment, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days.

Astec Industries’ shares gained 15.3% over the last three month compared with the S&P 500’s decline of 5.1%. 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.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in