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Top Ranked Momentum Stocks to Buy for April 8th

Zacks Equity Research

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

Acacia Communications, Inc. (ACIA): This developer and manufacturer of high-speed coherent optical interconnect products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days.

Acacia Communications, Inc. Price and Consensus

Acacia Communications, Inc. Price and Consensus

Acacia Communications, Inc. price-consensus-chart | Acacia Communications, Inc. Quote

Acacia's shares gained 12% over the last one month more than S&P 500’s gain of 5.5%. The company possesses a Momentum Score of B.

Acacia Communications, Inc. Price

Acacia Communications, Inc. Price

Acacia Communications, Inc. price | Acacia Communications, Inc. Quote

Sanderson Farms, Inc. (SAFM): This integrated poultry processing company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Sanderson Farms, Inc. Price and Consensus

Sanderson Farms, Inc. Price and Consensus

Sanderson Farms, Inc. price-consensus-chart | Sanderson Farms, Inc. Quote

Sanderson Farms' shares gained 6.9% over the last one month. The company possesses a Momentum Score of B.

Sanderson Farms, Inc. Price

Sanderson Farms, Inc. Price

Sanderson Farms, Inc. price | Sanderson Farms, Inc. Quote

Arbutus Biopharma Corporation (ABUS): This biopharmaceutical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.3% over the last 60 days.

Arbutus Biopharma Corporation Price and Consensus

Arbutus Biopharma Corporation Price and Consensus

Arbutus Biopharma Corporation price-consensus-chart | Arbutus Biopharma Corporation Quote

Arbutus Biopharma's shares gained 18.9% over the last one month. The company possesses a Momentum Score of B.

Arbutus Biopharma Corporation Price

Arbutus Biopharma Corporation Price

Arbutus Biopharma Corporation price | Arbutus Biopharma Corporation Quote

Automatic Data Processing, Inc. (ADP): This provider of business process outsourcing services has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

Automatic Data Processing, Inc. Price and Consensus

Automatic Data Processing, Inc. Price and Consensus

Automatic Data Processing, Inc. price-consensus-chart | Automatic Data Processing, Inc. Quote

Automatic Data Processing's shares gained 7.4% over the last one month. The company possesses a Momentum Score of B.

Automatic Data Processing, Inc. Price

Automatic Data Processing, Inc. Price

Automatic Data Processing, Inc. price | Automatic Data Processing, 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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Sanderson Farms, Inc. (SAFM) : Free Stock Analysis Report
 
Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report
 
Acacia Communications, Inc. (ACIA) : Free Stock Analysis Report
 
Arbutus Biopharma Corporation (ABUS) : Free Stock Analysis Report
 
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