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Best Momentum Stock to Buy for June 5th

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Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, June 5th:

Telecom Argentina Stet France Telecom (TEO - Free Report) : This company, which provide basic telephone service and fixes telecommunications links in the northern region of the Argentine Republic, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 517.4% over the last 60 days.

Telecom Argentina Stet France Telecom's shares gained 19.2% over the last three month compared with the S&P 500’s gain of 11.1%. The company possesses a Momentum Score of A.

ReNew Energy Global (RNW - Free Report) : This company, which is a renewable energy power producer, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10% over the last 60 days.

ReNew Energy Global's shares gained 17.2% over the last three month compared with the S&P 500’s gain of 11.1%. 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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