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Top Ranked Momentum Stocks to Buy for August 6th

Zacks Equity Research

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

Radware Ltd. (RDWR): This cybersecurity services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.9% over the last 60 days.

Radware Ltd. Price and Consensus

Radware Ltd. Price and Consensus

Radware Ltd. price-consensus-chart | Radware Ltd. Quote

Radware’s shares gained 5.4% over the last one month more than S&P 500’s decline of 4.4%. The company possesses a Momentum Score of A.

Radware Ltd. Price

Radware Ltd. Price

Radware Ltd. price | Radware Ltd. Quote

Fortinet, Inc. (FTNT): This cybersecurity company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

Fortinet, Inc. Price and Consensus

Fortinet, Inc. Price and Consensus

Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote

Fortinet’s shares gained 2.9% over the last one month. The company possesses a Momentum Score of A.

Fortinet, Inc. Price

Fortinet, Inc. Price

Fortinet, Inc. price | Fortinet, Inc. Quote

D.R. Horton, Inc. (DHI): This home construction company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

D.R. Horton, Inc. Price and Consensus

D.R. Horton, Inc. Price and Consensus

D.R. Horton, Inc. price-consensus-chart | D.R. Horton, Inc. Quote

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

D.R. Horton, Inc. Price

D.R. Horton, Inc. Price

D.R. Horton, Inc. price | D.R. Horton, Inc. Quote

Texas Instruments Incorporated (TXN): This semiconductor design and manufacturing company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

Texas Instruments Incorporated Price and Consensus

Texas Instruments Incorporated Price and Consensus

Texas Instruments Incorporated price-consensus-chart | Texas Instruments Incorporated Quote

Texas Instruments’shares gained 1.7% over the last one month. The company possesses a Momentum Score of B.

Texas Instruments Incorporated Price

Texas Instruments Incorporated Price

Texas Instruments Incorporated price | Texas Instruments Incorporated 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 $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 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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Texas Instruments Incorporated (TXN) : Free Stock Analysis Report
 
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