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Top Ranked Momentum Stocks to Buy for August 30th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 30th:

Purple Innovation, Inc. (PRPL - Free Report) :This manufacturer of mattresses has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Purple Innovation’s shares gained 25.8% over the last one month more than S&P 500’s decline of 2.9%. The company possesses a Momentum Score of A.

NewMarket Corporation (NEU - Free Report) : This company that engages in the petroleum additives businesses has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.

NewMarket’s shares gained 10.9% over the last one month. The company possesses a Momentum Score of B.

Franco-Nevada Corporation (FNV - Free Report) : This mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.8% over the last 60 days.

Franco-Nevada’s shares gained 8.7% over the last one month. The company possesses a Momentum Score of A.

Eldorado Gold Corporation (EGO - Free Report) : This gold mining company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 90% over the last 60 days.

Eldorado Gold’s shares gained 14.1% 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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