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Top Ranked Momentum Stocks to Buy for July 24th

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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. (PSMT - Free Report) : 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.

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