Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for June 16th

Read MoreHide Full Article

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

Sportsman's Warehouse Holdings, Inc. (SPWH - Free Report) : This  outdoor sporting goods retailer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.3% over the last 60 days.

Sportsman's shares gained 55.5% over the last one month compared with the S&P 500 growth of 9.4%. The company possesses a Momentum Score of A.

Arcimoto, Inc. (FUV - Free Report) : This company that designs, develops, manufactures, and sells three-wheeled electric vehicles has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.

Arcimoto’s shares gained 52% over the last one month. The company possesses a Momentum Score of A.

PennyMac Financial Services, Inc. (PFSI - Free Report) : This company that provides mortgage banking and investment management has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 51.1% over the last 60 days.

PennyMac Financial Services’ shares gained 44.1% over the last one month. The company possesses a Momentum Score of A.

Lakeland Industries, Inc. (LAKE - Free Report) : This compay that manufactures and sells industrial protective clothing and accessories 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.

Lakeland Industries’ shares gained 42.7% 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.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.1% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>