We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 2nd:
Baozun Inc. (BZUN - Free Report) : This brand e-commerce service provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.
Patrick Industries, Inc. (PATK - Free Report) : This building products and materials manufacturer and distributor has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.8% over the last 60 days.
58.com Inc. : This multi-category online classifieds platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 44% over the last 60 days.
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Image: Bigstock
Top Ranked Momentum Stocks to Buy for July 2nd
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 2nd:
Baozun Inc. (BZUN - Free Report) : This brand e-commerce service provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.
Baozun Inc. Price and Consensus
Baozun Inc. price-consensus-chart | Baozun Inc. Quote
Baozun’s shares gained 32.1% over the last one month compared to the S&P 500 rise of 2%. The company possesses a Momentum Score of A.
Baozun Inc. Price
Baozun Inc. price | Baozun Inc. Quote
Patrick Industries, Inc. (PATK - Free Report) : This building products and materials manufacturer and distributor has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.8% over the last 60 days.
Patrick Industries, Inc. Price and Consensus
Patrick Industries, Inc. price-consensus-chart | Patrick Industries, Inc. Quote
Patrick Industries’ shares gained 8.7% over the last one month. The company possesses a Momentum Score of A.
Patrick Industries, Inc. Price
Patrick Industries, Inc. price | Patrick Industries, Inc. Quote
58.com Inc. : This multi-category online classifieds platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 44% over the last 60 days.
58.com Inc. Price and Consensus
58.com Inc. price-consensus-chart | 58.com Inc. Quote
58.com’s shares gained 7.8% over the last one month. The company possesses a Momentum Score of B.
58.com Inc. Price
58.com Inc. price | 58.com Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Click here for the 6 trades >>