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Best Momentum Stocks to Buy for June 22nd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 22:

Tokyo Electron Limited TOELY: This semiconductor and flat panel display production equipment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.9% over the last 60 days.

Tokyo Electron’s shares gained 95.4% over the last three months compared with the S&P 500’s advance of 14%. The company possesses a Momentum Score of A.

Yankuang Energy Group Company Limited YZCAY: This coal mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.5% over the last 60 days.

Yankuang Energy’s shares gained 28% over the last six months compared with the S&P 500’s advance of 8.6%. The company possesses a Momentum Score of A.

Fomento Economico Mexicano FMX: This bottler of Coca-Cola trademark beverages has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.2% over the last 60 days.

Fomento’s shares gained 22.9% over the last three months compared with the S&P 500’s advance of 13.9%. The company possesses a Momentum Score of B.

 

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

 

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

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