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Top Ranked Momentum Stocks to Buy for August 9th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 9th:

Burberry Group plc (BURBY): This fashion company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

Burberry Group PLC Price and Consensus

Burberry Group PLC Price and Consensus

Burberry Group PLC price-consensus-chart | Burberry Group PLC Quote

Burberry’s shares gained 12% over the last one month more than S&P 500’s decline of 1.4%. The company possesses a Momentum Score of B.

Burberry Group PLC Price

Burberry Group PLC Price

Burberry Group PLC price | Burberry Group PLC Quote

Gaia, Inc. (GAIA): This video streaming service provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.

Gaia, Inc. Price and Consensus

Gaia, Inc. Price and Consensus

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

Gaia’s shares gained 2.7% over the last one month. The company possesses a Momentum Score of A.

Gaia, Inc. Price

Gaia, Inc. Price

Gaia, Inc. price | Gaia, Inc. Quote

Carriage Services, Inc. (CSV): This funeral home company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

Carriage Services, Inc. Price and Consensus

Carriage Services, Inc. Price and Consensus

Carriage Services, Inc. price-consensus-chart | Carriage Services, Inc. Quote

Carriage Services’ shares gained 24% over the last one month. The company possesses a Momentum Score of A.

Carriage Services, Inc. Price

Carriage Services, Inc. Price

Carriage Services, Inc. price | Carriage Services, Inc. Quote

Allakos Inc. (ALLK): This biotechnology company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.

Allakos Inc. Price and Consensus

Allakos Inc. Price and Consensus

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

Allakos’shares gained more than 100% over the last one month. The company possesses a Momentum Score of B.

Allakos Inc. Price

Allakos Inc. Price

Allakos Inc. price | Allakos 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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