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Top Ranked Momentum Stocks to Buy for April 16th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 16th:

Spectrum Brands Holdings, Inc. (SPB - Free Report) : This branded consumer products company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.2% over the last 60 days.

Spectrum Brands’ shares gained 6.3% over the last one month against the S&P 500’s rise of 2.9%. The company possesses a Momentum Score of A.

Thermo Fisher Scientific Inc. (TMO - Free Report) : This analytical and other instruments provider has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.1% over the last 60 days.

Thermo Fisher Scientific’s shares gained 5.2% over the last one month. The company possesses a Momentum Score of B.

Varian Medical Systems, Inc. (VAR - Free Report) : This medical devices manufacturer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.

Varian Medical Systems’ shares gained 4.3% over the last one month. The company possesses a Momentum Score of B.

Arconic Inc. (ARNC - Free Report) : This lightweight metals manufacturer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.5% over the last 60 days.

Arconic’s shares gained 7.6% over the last one month. 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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