Best Momentum Stock to Buy for August 8th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 8th:

Axcelis Technologies ACLS: This company which is a leading producer of ion implantation equipment used in the fabrication of semiconductors, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

Axcelis Technologies, Inc. Price and Consensus

Axcelis Technologies, Inc. Price and Consensus
Axcelis Technologies, Inc. Price and Consensus

Axcelis Technologies, Inc. price-consensus-chart | Axcelis Technologies, Inc. Quote

Axcelis Technologies’ shares gained 50.7% over the last three month compared with the S&P 500’s gain of 10.3%.  The company possesses a Momentum Score of A.

Axcelis Technologies, Inc. Price

Axcelis Technologies, Inc. Price
Axcelis Technologies, Inc. Price

Axcelis Technologies, Inc. price | Axcelis Technologies, Inc. Quote

Bausch Health BHC: This company which develops, manufactures and markets a wide array of branded, generic and branded generic pharmaceuticals, over-the-counter (OTC) products along with medical devices, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Bausch Health Cos Inc. Price and Consensus

Bausch Health Cos Inc. Price and Consensus
Bausch Health Cos Inc. Price and Consensus

Bausch Health Cos Inc. price-consensus-chart | Bausch Health Cos Inc. Quote

Bausch Health’s shares gained 47.4% over the last three months compared with the S&P 500’s gain of 10.3%. The company possesses a Momentum Score of A.

Bausch Health Cos Inc. Price

Bausch Health Cos Inc. Price
Bausch Health Cos Inc. Price

Bausch Health Cos Inc. price | Bausch Health Cos Inc. Quote

James Hardie Industries JHX: This company which pioneered the development of fibre cement technology, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.0% over the last 60 days.

James Hardie Industries PLC. Price and Consensus

James Hardie Industries PLC. Price and Consensus
James Hardie Industries PLC. Price and Consensus

James Hardie Industries PLC. price-consensus-chart | James Hardie Industries PLC. Quote

James Hardie Industries' shares gained 16.0% over the last three months compared with the S&P 500’s gain of 10.3%. The company possesses a Momentum Score of A.

James Hardie Industries PLC. Price

James Hardie Industries PLC. Price
James Hardie Industries PLC. Price

James Hardie Industries PLC. price | James Hardie Industries PLC. Quote

 

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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Axcelis Technologies, Inc. (ACLS) : Free Stock Analysis Report

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