Top Ranked Momentum Stocks to Buy for March 11th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, March 11th:
Stamps.com Inc. (STMP): This company that provides Internet-based mailing and shipping solutions has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.2% over the last 60 days.
Stamps.com Inc. Price and Consensus
Stamps.com Inc. price-consensus-chart | Stamps.com Inc. Quote
Stamps.com’s shares gained 45.8% over the last one month compared to the S&P 500’s decline of 14%. The company possesses a Momentum Score of B.
Stamps.com Inc. Price
Stamps.com Inc. price | Stamps.com Inc. Quote
21Vianet Group, Inc. (VNET): This company that provides carrier and cloud-neutral Internet data center services has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.1% over the last 60 days.
21Vianet Group, Inc. Price and Consensus
21Vianet Group, Inc. price-consensus-chart | 21Vianet Group, Inc. Quote
21Vianet Group’s shares gained 19.7% over the last one month. The company possesses a Momentum Score of A.
21Vianet Group, Inc. Price
21Vianet Group, Inc. price | 21Vianet Group, Inc. Quote
Zoom Video Communications, Inc. (ZM): This company that provides a video-first communications platform has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 51.9% over the last 60 days.
Zoom Video Communications, Inc. Price and Consensus
Zoom Video Communications, Inc. price-consensus-chart | Zoom Video Communications, Inc. Quote
Zoom Video Communications’ shares gained nearly 21% over the last one month. The company possesses a Momentum Score of A.
Zoom Video Communications, Inc. Price
Zoom Video Communications, Inc. price | Zoom Video Communications, Inc. Quote
Novan, Inc. (NOVN): This is a clinical development-stage biotechnology company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.
Novan Inc. Price and Consensus
Novan Inc. price-consensus-chart | Novan Inc. Quote
Novan’s shares gained 55.6% over the last one month. The company possesses a Momentum Score of B.
Novan Inc. Price
Novan Inc. price | Novan Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report
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