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Top Ranked Momentum Stocks to Buy for April 16th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 16th:

Gold Fields Limited (GFI - Free Report) : This company that operates as a gold producer with reserves and resources has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.5% over the last 60 days.

Gold Fields’ shares gained 64.1% over the last one month compared with the S&P 500 growth 2.7%. The company possesses a Momentum Score of A.

Innoviva, Inc. (INVA - Free Report) : This company that engages in the development and commercialization of pharmaceuticals has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.2% over the last 60 days.

Innoviva’s shares gained 18% over the last one month. The company possesses a Momentum Score of A.

Ocugen, Inc. (OCGN - Free Report) : This clinical stage biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.4% over the last 60 days.

Ocugen’s shares gained 58.2% over the last one month. The company possesses a Momentum Score of A.

Casa Systems, Inc. (CASA - Free Report) : This company that provides software-centric broadband products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Casa Systems’ shares gained 63.3% over the last one month. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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