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Best Momentum Stocks to Buy for August 20th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 20:

Madison Square Garden Entertainment Corp. (MSGE - Free Report) : This live entertainment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.

Madison Square Garden’s shares gained 18.8% over the last three months compared with the S&P 500’s advance of 3.5%. The company possesses a Momentum Score  of A.

Outdoor Holding Company (POWW - Free Report) : This online marketplace company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 160% over the last 60 days.

Outdoor Holding’s shares gained 13.4% over the last three months compared with the S&P 500’s advance of 3.5%. The company possesses a Momentum Score of A.

Howmet Aerospace Inc. (HWM - Free Report) : This company that provides advanced engineered solutions for the aerospace and transportation sectors has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Howmet’s shares gained 9.1% over the last three months compared with the S&P 500’s advance of 3.5%. 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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