Top Ranked Momentum Stocks to Buy for August 24th

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

PDL BioPharma, Inc. (PDLI): This biopharmaceutical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising more than 100% over the last 60 days.

PDL BioPharma, Inc. Price and Consensus

PDL BioPharma, Inc. Price and Consensus | PDL BioPharma, Inc. Quote

PDL BioPharma’s shares gained 17.3% over the last one month in contrast to S&P 500’s loss of 1.2%. The company possesses a Momentum Score of A.

PDL BioPharma, Inc. Price

PDL BioPharma, Inc. Price | PDL BioPharma, Inc. Quote

Ferroglobe PLC (GSM): This major producer of silicon metalhas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Ferroglobe PLC Price and Consensus

Ferroglobe PLC Price and Consensus | Ferroglobe PLC Quote

Ferroglobe’s shares gained 11.1% over the last one month. The company possesses a Momentum Score of A.

Ferroglobe PLC Price

Ferroglobe PLC Price | Ferroglobe PLC Quote

Ohr Pharmaceutical, Inc. (OHRP): This pharmaceutical companyhas a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 26% over the last 60 days.

Ohr Pharmaceuticals, Inc. Price and Consensus

Ohr Pharmaceuticals, Inc. Price and Consensus | Ohr Pharmaceuticals, Inc. Quote

Ohr Pharmaceutical’s shares gained 9.6% over the last one month. The company possesses a Momentum Score of A.

Ohr Pharmaceuticals, Inc. Price

Ohr Pharmaceuticals, Inc. Price | Ohr Pharmaceuticals, Inc. Quote

Koppers Holdings Inc. (KOP): This wood products provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

Koppers Holdings Inc. Price and Consensus

Koppers Holdings Inc. Price and Consensus | Koppers Holdings Inc. Quote

Koppers Holdings’ shares gained 2.3% over the last one month. The company possesses a Momentum Score of A.

Koppers Holdings Inc. Price

Koppers Holdings Inc. Price | Koppers Holdings 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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PDL BioPharma, Inc. (PDLI) : Free Stock Analysis Report
 
Ohr Pharmaceuticals, Inc. (OHRP) : Free Stock Analysis Report
 
Koppers Holdings Inc. (KOP) : Free Stock Analysis Report
 
Ferroglobe PLC (GSM) : Free Stock Analysis Report
 
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