Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for July 24th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, July 24th:

Builders FirstSource, Inc. (BLDR - Free Report) : This building materials manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

Builders FirstSource’s shares gained 7.9% over the last one month more than S&P 500’s rise of 2%. The company possesses a Momentum Score of B.

Starbucks Corporation (SBUX - Free Report) : This retailer of specialty coffee has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

Starbucks’ shares gained 7.7% over the last one month. The company possesses a Momentum Score of B.

Sonic Automotive, Inc. (SAH - Free Report) : This automotive retailer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5% over the last 60 days.

Sonic Automotive’s shares gained 8.6% over the last one month. The company possesses a Momentum Score of B.

PriceSmart, Inc. : This shopping warehouse clubs operator has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.

PriceSmart’sshares gained 19.8% 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


Normally $25 each - click below to receive one report FREE:


Starbucks Corporation (SBUX) - free report >>

Sonic Automotive, Inc. (SAH) - free report >>

Builders FirstSource, Inc. (BLDR) - free report >>