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Top Ranked Momentum Stocks to Buy for June 12th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 12th: 

Bruker Corporation (BRKR - Free Report) : This scientific instruments manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.2% over the last 60 days.

Bruker’s shares gained 9.9% over the last one month more than S&P 500’s rise of 2.6%. The company possesses a Momentum Score of A.

Itron, Inc. (ITRI - Free Report) : This technology and service company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

Itron, Inc. Price and Consensus

Itron, Inc. Price and Consensus

Itron, Inc. price-consensus-chart | Itron, Inc. Quote

Itron’s shares gained 5.3% over the last one month. The company possesses a Momentum Score of B.

Ciena Corporation (CIEN - Free Report) : This telecommunications company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.2% over the last 60 days.

Ciena's shares gained 32.7% over the last one month. The company possesses a Momentum Score of A.

L3 Technologies, Inc. LLL: This provider of security and detection systems used by military and homeland security etc has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

L3 Technologies’shares gained 3.8% 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.

The Hottest Tech Mega-Trend of All                

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>              


In-Depth Zacks Research for the Tickers Above


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Itron, Inc. (ITRI) - free report >>

Ciena Corporation (CIEN) - free report >>

Bruker Corporation (BRKR) - free report >>