Back to top

Image: Bigstock

Best Momentum Stocks to Buy for August 5th

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 5:

AMC Networks Inc. (AMCX - Free Report) : This entertainment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 27.1% over the last 60 days.

AMC Price and Consensus

AMC Global Media Inc. Price and Consensus

AMC price-consensus-chart | AMC Quote

AMC Networks’ shares gained 34.6% over the last three months compared with the S&P 500’s advance of 5.1%. The company possesses a Momentum Score  of A.

Fortinet, Inc. (FTNT - Free Report) : This company that provides broad, integrated, and automated cybersecurity solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Fortinet’s shares gained 87% over the last three months compared with the S&P 500’s advance of 5.1%. The company possesses a Momentum Score of A.

Amazon.com, Inc. (AMZN - Free Report) : This online retail giant has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.

Amazon’s shares gained 31.9% over the last six months compared with the S&P 500’s advance of 11.7%. 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.

Published in