U.S. Markets closed

Top Ranked Momentum Stocks to Buy for July 17th

Zacks Equity Research

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 17th:

Alamos Gold Inc. (AGI): This acquirer and developer of gold deposits has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.7% over the last 60 days.

Alamos Gold Inc. Price and Consensus

Alamos Gold Inc. Price and Consensus

Alamos Gold Inc. price-consensus-chart | Alamos Gold Inc. Quote

Alamos Gold'sshares gained 14.3% over the last one month against the S&P 500’s rise of 3%. The company possesses a Momentum Score of A.

Alamos Gold Inc. Price

Alamos Gold Inc. Price

Alamos Gold Inc. price | Alamos Gold Inc. Quote

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 2.7% 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 7.7% over the last one month. The company possesses a Momentum Score of A.

Arch Capital Group Ltd. Price

Arch Capital Group Ltd. Price

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

AmerisourceBergen Corporation (ABC): This distributor of pharmaceutical products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

AmerisourceBergen Corporation Price and Consensus

AmerisourceBergen Corporation Price and Consensus

AmerisourceBergen Corporation price-consensus-chart | AmerisourceBergen Corporation Quote

AmerisourceBergen’s shares gained 4.2% over the last one month. The company possesses a Momentum Score of B.

AmerisourceBergen Corporation Price

AmerisourceBergen Corporation Price

AmerisourceBergen Corporation price | AmerisourceBergen Corporation Quote

See the full list of top ranked stocks here.

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

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>


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
 
Alamos Gold Inc. (AGI) : Free Stock Analysis Report
 
Arch Capital Group Ltd. (ACGL) : Free Stock Analysis Report
 
AmerisourceBergen Corporation (ABC) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research