Top Ranked Momentum Stocks to Buy for June 4th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 4th:
Northern Dynasty Minerals Ltd. (NAK): This company that engages in the exploration of mineral properties has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.6% over the last 60 days.
Northern Dynasty Minerals, Ltd. Price and Consensus
Northern Dynasty Minerals, Ltd. price-consensus-chart | Northern Dynasty Minerals, Ltd. Quote
Northern Dynasty Minerals’ shares gained more than 100% over the last one month compared with the S&P 500 growth of 10.3%. The company possesses a Momentum Score of A.
Northern Dynasty Minerals, Ltd. Price
Northern Dynasty Minerals, Ltd. price | Northern Dynasty Minerals, Ltd. Quote
Haverty Furniture Companies, Inc. (HVT): This company that operates as a specialty retailer of residential furniture 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.
Haverty Furniture Companies, Inc. Price and Consensus
Haverty Furniture Companies, Inc. price-consensus-chart | Haverty Furniture Companies, Inc. Quote
Haverty Furniture Companies’ shares gained nearly 34% over the last one month. The company possesses a Momentum Score of A.
Haverty Furniture Companies, Inc. Price
Haverty Furniture Companies, Inc. price | Haverty Furniture Companies, Inc. Quote
BJ's Wholesale Club Holdings, Inc. (BJ): This company that offers perishable, edible grocery, general merchandise, and non-edible grocery products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.8% over the last 60 days.
BJs Wholesale Club Holdings, Inc. Price and Consensus
BJs Wholesale Club Holdings, Inc. price-consensus-chart | BJs Wholesale Club Holdings, Inc. Quote
BJ's Wholesale Club Holdings’ shares gained 38.5% over the last one month. The company possesses a Momentum Score of A.
BJs Wholesale Club Holdings, Inc. Price
BJs Wholesale Club Holdings, Inc. price | BJs Wholesale Club Holdings, Inc. Quote
Semtech Corporation (SMTC): This company that designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.
Semtech Corporation Price and Consensus
Semtech Corporation price-consensus-chart | Semtech Corporation Quote
Semtech’s shares gained 26.5% over the last one month. The company possesses a Momentum Score of A.
Semtech Corporation Price
Semtech Corporation price | Semtech Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Semtech Corporation (SMTC) : Free Stock Analysis Report
Northern Dynasty Minerals, Ltd. (NAK) : Free Stock Analysis Report
Haverty Furniture Companies, Inc. (HVT) : Free Stock Analysis Report
BJs Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
