U.S. Markets open in 5 hrs 6 mins

Top Ranked Momentum Stocks to Buy for June 6th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 6th:

Arch Capital Group Ltd. (ACGL): This provider of property, casualty, and mortgage insurance and reinsurance products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

Arch Capital Group Ltd. Price and Consensus

Arch Capital Group Ltd. Price and Consensus

Arch Capital Group Ltd. price-consensus-chart | Arch Capital Group Ltd. Quote

Arch Capital’s shares gained 5.3% over the last one month against the S&P 500’s fall of 2%. The company possesses a Momentum Score of B.

Arch Capital Group Ltd. Price

Arch Capital Group Ltd. Price

Arch Capital Group Ltd. price | Arch Capital Group Ltd. Quote

Arconic Inc. (ARNC): This manufacturer of lightweight metals has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.8% over the last 60 days.

Arconic Inc. Price and Consensus

Arconic Inc. Price and Consensus

Arconic Inc. price-consensus-chart | Arconic Inc. Quote

Arconic’s shares gained 3.1% over the last one month. The company possesses a Momentum Score of B.

Arconic Inc. Price

Arconic Inc. Price

Arconic Inc. price | Arconic Inc. Quote

Air Products and Chemicals, Inc. (APD): This provider of atmospheric gases, process and specialty gases and equipment has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.

Air Products and Chemicals, Inc. Price and Consensus

Air Products and Chemicals, Inc. Price and Consensus

Air Products and Chemicals, Inc. price-consensus-chart | Air Products and Chemicals, Inc. Quote

Air Products’ shares gained 8% over the last one month. The company possesses a Momentum Score of B.

Air Products and Chemicals, Inc. Price

Air Products and Chemicals, Inc. Price

Air Products and Chemicals, Inc. price | Air Products and Chemicals, Inc. Quote

Brown & Brown, Inc. (BRO): This seller of insurance products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

Brown & Brown, Inc. Price and Consensus

Brown & Brown, Inc. Price and Consensus

Brown & Brown, Inc. price-consensus-chart | Brown & Brown, Inc. Quote

Brown & Brown’s shares gained 1.7% over the last one month. The company possesses a Momentum Score of B.

Brown & Brown, Inc. Price

Brown & Brown, Inc. Price

Brown & Brown, Inc. price | Brown & Brown, Inc. Quote

See the full list of top ranked stocks here.

Learn more about the Momentum score and how it is calculated here.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>


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
 
Brown & Brown, Inc. (BRO) : Free Stock Analysis Report
 
Arconic Inc. (ARNC) : Free Stock Analysis Report
 
Air Products and Chemicals, Inc. (APD) : Free Stock Analysis Report
 
Arch Capital Group Ltd. (ACGL) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research