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Top Ranked Momentum Stocks to Buy for August 20th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 20th:

M/I Homes, Inc. (MHO - Free Report) : This builder of single-family homes has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9% over the last 60 days.

M/I Homes’ shares gained 21.4% over the last one month more than S&P 500’s decline of 2.1%. The company possesses a Momentum Score of B.

Meritage Homes Corporation (MTH - Free Report) : This home construction company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

Meritage Homes’ shares gained 16.9% over the last one month. The company possesses a Momentum Score of A.

Pixelworks, Inc. (PXLW - Free Report) : This visual display processing semiconductors designer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.5% over the last 60 days.

Pixelworks’ shares gained 9.8% over the last one month. The company possesses a Momentum Score of A.

Lattice Semiconductor Corporation (LSCC - Free Report) : This developer of semiconductor technologies has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.3% over the last 60 days.

Lattice Semiconductor’s shares gained 15.7% 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.

Legalizing THIS Could Be Even Bigger than Marijuana

Americans spend an estimated $150 billion in this industry every year… more than twice as much as they spend on marijuana.

Now that 8 states have fully-legalized it (with several more states following close behind), Zacks has identified 5 stocks that could soar in response to the powerful demand. One industry insider described the future as “mind-blowing” – and early investors can still get in ahead of the surge.

See these 5 “sin stocks” now >>