Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for April 8th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 8th:

Acacia Communications, Inc. (ACIA - Free Report) : This developer and manufacturer of high-speed coherent optical interconnect products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days.

Acacia Communications, Inc. Price and Consensus

Acacia's shares gained 12% over the last one month more than S&P 500’s gain of 5.5%. The company possesses a Momentum Score of B.

Acacia Communications, Inc. Price

Sanderson Farms, Inc. (SAFM - Free Report) : This integrated poultry processing company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Sanderson Farms, Inc. Price and Consensus

Sanderson Farms' shares gained 6.9% over the last one month. The company possesses a Momentum Score of B.

Sanderson Farms, Inc. Price

Arbutus Biopharma Corporation (ABUS - Free Report) : This biopharmaceutical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.3% over the last 60 days.

Arbutus Biopharma Corporation Price and Consensus

Arbutus Biopharma's shares gained 18.9% over the last one month. The company possesses a Momentum Score of B.

Arbutus Biopharma Corporation Price

Automatic Data Processing, Inc. (ADP - Free Report) : This provider of business process outsourcing services has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

Automatic Data Processing, Inc. Price and Consensus

Automatic Data Processing's shares gained 7.4% over the last one month. The company possesses a Momentum Score of B.

Automatic Data Processing, Inc. Price

See the full list of top ranked stocks here

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

Is Your Investment Advisor Fumbling Your Financial Future?

See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”

Click to get it free >>