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Top Ranked Momentum Stocks to Buy for August 1st

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 1st:

Asbury Automotive Group, Inc. (ABG - Free Report) : This automotive retail and service company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

Asbury Automotive Group, Inc. Price and Consensus

Asbury Automotive'sshares gained 10.2% over the last one month against the S&P 500’s rise of 1%. The company possesses a Momentum Score of B.

Asbury Automotive Group, Inc. Price

Arch Capital Group Ltd. (ACGL - Free Report) : This provider of property, casualty and mortgage insurance and reinsurance products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Arch Capital Group Ltd. Price and Consensus

Arch Capital’s shares gained 3.5% over the last one month. The company possesses a Momentum Score of A.

Arch Capital Group Ltd. Price

Ally Financial Inc. (ALLY - Free Report) : This digital financial-services company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

Ally Financial Inc. Price and Consensus

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

Ally Financial Inc. Price

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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In-Depth Zacks Research for the Tickers Above


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


Ally Financial Inc. (ALLY) - free report >>

Arch Capital Group Ltd. (ACGL) - free report >>

Asbury Automotive Group, Inc. (ABG) - free report >>