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Best Momentum Stocks to Buy for June 24th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 24th:

The Kroger Co. KR: This company which operates in the thin-margin grocery industry, has been undergoing a complete makeover, not only with respect to products but also in terms of the way consumers prefer shopping grocery, it has a Zacks Rank #1(Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

The Kroger Co. Price and Consensus

The Kroger Co. Price and Consensus
The Kroger Co. Price and Consensus

The Kroger Co. price-consensus-chart | The Kroger Co. Quote

The Kroger’s shares gained 10.1% over the last six months compared with the S&P 500’s decline of 20.7%. The company possesses a Momentum Score of A.

The Kroger Co. Price

The Kroger Co. Price
The Kroger Co. Price

The Kroger Co. price | The Kroger Co. Quote

PetroChina PTR: This largest integrated oil company in China which is one of the largest producers of crude oil and natural gas in the world, it has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 10.6% over the last 60 days.

PetroChina Company Limited Price and Consensus

PetroChina Company Limited Price and Consensus
PetroChina Company Limited Price and Consensus

PetroChina Company Limited price-consensus-chart | PetroChina Company Limited Quote

PetroChina’s shares gained 5.5% over the last six months compared with the S&P 500’s decline of 20.7%. The company possesses a Momentum  Score of B

PetroChina Company Limited Price

PetroChina Company Limited Price
PetroChina Company Limited Price

PetroChina Company Limited price | PetroChina Company Limited Quote

Eagle Bulk Shipping EGLE: This shipping company which is the largest U.S-based owner of Handymax dry bulk vessels, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.

Eagle Bulk Shipping Inc. Price and Consensus

Eagle Bulk Shipping Inc. Price and Consensus
Eagle Bulk Shipping Inc. Price and Consensus

Eagle Bulk Shipping Inc. price-consensus-chart | Eagle Bulk Shipping Inc. Quote

Eagle Bulk Shipping’s shares gained 27.4% over the last six months compared with the S&P 500’s decline of 20.7%. The company possesses a Momentum Score of  B.

Eagle Bulk Shipping Inc. Price

Eagle Bulk Shipping Inc. Price
Eagle Bulk Shipping Inc. Price

Eagle Bulk Shipping Inc. price | Eagle Bulk Shipping Inc. 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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