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Best Momentum Stocks to Buy for August 31st

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 31:

Onto Innovation Inc. (ONTO - Free Report) : This semiconductor equipment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.

Onto Innovation's shares gained 5.9% over the last three months compared with the S&P 500’s decline of 1.8%. The company possesses a Momentum Score of A.

Quaker Chemical Corporation (KWR - Free Report) : This industrial process fluids company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

Quaker's shares gained 16.8% over the last three months compared with the S&P 500’s decline of 1.8%. The company possesses a Momentum Score of A.

Cracker Barrel Old Country Store, Inc. (CBRL - Free Report) : This restaurant and retail company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 108.4% over the last 60 days.

Cracker Barrel Old Country's shares gained 59.5% over the last three months compared with the S&P 500’s decline of 1.8%. 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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