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Top Ranked Momentum Stocks to Buy for August 8th

Zacks Equity Research

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

Federal Signal Corporation (FSS): This industrial equipment manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.

Federal Signal Corporation Price and Consensus

Federal Signal Corporation Price and Consensus

Federal Signal Corporation price-consensus-chart | Federal Signal Corporation Quote

Federal Signal’s shares gained 11.7% over the last one month more than S&P 500’s decline of 3.1%. The company possesses a Momentum Score of B.

Federal Signal Corporation Price

Federal Signal Corporation Price

Federal Signal Corporation price | Federal Signal Corporation Quote

Meritage Homes Corporation (MTH): This home construction company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

Meritage Corporation Price and Consensus

Meritage Corporation Price and Consensus

Meritage Corporation price-consensus-chart | Meritage Corporation Quote

Meritage Homes’ shares gained 17% over the last one month. The company possesses a Momentum Score of A.

Meritage Corporation Price

Meritage Corporation Price

Meritage Corporation price | Meritage Corporation Quote

MasTec, Inc. (MTZ): This infrastructure engineering and construction company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

MasTec, Inc. Price and Consensus

MasTec, Inc. Price and Consensus

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

MasTec’s shares gained 15.8% over the last one month. The company possesses a Momentum Score of A.

MasTec, Inc. Price

MasTec, Inc. Price

MasTec, Inc. price | MasTec, Inc. Quote

Cirrus Logic, Inc. (CRUS): This semiconductor supplier has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.4% over the last 60 days.

Cirrus Logic, Inc. Price and Consensus

Cirrus Logic, Inc. Price and Consensus

Cirrus Logic, Inc. price-consensus-chart | Cirrus Logic, Inc. Quote

Cirrus Logic’s shares gained 25.8% over the last one month. The company possesses a Momentum Score of A.

Cirrus Logic, Inc. Price

Cirrus Logic, Inc. Price

Cirrus Logic, Inc. price | Cirrus Logic, 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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MasTec, Inc. (MTZ) : Free Stock Analysis Report
 
Meritage Corporation (MTH) : Free Stock Analysis Report
 
Federal Signal Corporation (FSS) : Free Stock Analysis Report
 
Cirrus Logic, Inc. (CRUS) : Free Stock Analysis Report
 
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