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Best Momentum Stocks to Buy for April 13th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 13:

Five Below (FIVE - Free Report) : This specialty value chain retailer, that provides a wide range of premium quality and trendy merchandise for $5 or below, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.

Five Below’s shares gained 8.2% over the last three months compared with the S&P 500’s decline of 2.1%. The company possesses a Momentum Score of A.

Alcoa (AA - Free Report) : This company, which is a global industry leader in bauxite, alumina and aluminum products, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.2% over the last 60 days.

Alcoa Price and Consensus

Alcoa Price and Consensus

Alcoa price-consensus-chart | Alcoa Quote

Alcoa’s shares gained 11.9% over the last three months compared with the S&P 500’s decline of 2.1%. The company possesses a Momentum Score of A.

PattersonUTI Energy (PTEN - Free Report) : This oilfield services company, which is one of the largest onshore contract drillers in the United States and has a large fleet of pressure pumping equipment, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.1% over the last 60 days.

PattersonUTI Energy’s shares gained 42.1% over the past three months compared with the S&P 500’s decline of 2.1%. The company possesses a Momentum Score of B.

 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

 

Check out this week’s current list of Best Stocks to Buy Now.

 

Learn more about the Momentum score and how it is calculated here.

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