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Best Momentum Stocks to Buy for August 4th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 4:

Advanced Micro Devices, Inc. (AMD - Free Report) : This semiconductor company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 9.9% over the last 60 days.

Advanced Micro Devices’ shares gained 36.4% over the last three months compared with the S&P 500’s advance of 4.8%. The company possesses a Momentum Score  of A.

Darling Ingredients Inc. (DAR - Free Report) : This company that converts bio-nutrients into sustainable feed, food and fuel ingredients worldwide has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.

Darling’s shares gained 26.5% over the last six months compared with the S&P 500’s advance of 11.9%. The company possesses a Momentum Score of A.

Ralliant Corporation (RAL - Free Report) : This designer of precision instruments, sensors, and safety systems for industrial and technology markets worldwide. has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Ralliant’s shares gained 40.3% over the last three months compared with the S&P 500’s advance of 4.8%. The company possesses a Momentum Score of A.

 

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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