Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for July 9th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, July 9th:

Koninklijke Philips N.V. (PHG - Free Report) : This health technology company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

Koninklijke Philips’s shares gained 8% over the last one month more than S&P 500’s rise of 3%. The company possesses a Momentum Score of B.

Sanmina Corporation (SANM - Free Report) : This integrated manufacturing solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days.

Sanmina’s shares gained 5% over the last one month. The company possesses a Momentum Score of B.

SYNNEX Corporation (SNX - Free Report) : This business process services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

SYNNEX’s shares gained 6.3% over the last one month. The company possesses a Momentum Score of A.

MagnaChip Semiconductor Corporation (MX - Free Report) : This manufacturer of analog and mixed-signal semiconductor platform solutions has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 65.9% over the last 60 days.

MagnaChip Semiconductor'sshares gained 13.2% over the last one month. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here

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

More Stock News: This Is Bigger than the iPhone!                  

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. 

Click here for the 6 trades >>