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Top Ranked Momentum Stocks to Buy for August 2nd

·2 min read
In this article:
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 2nd:

TFI International Inc. TFII: This provider of transportation and logistics services has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.7% over the last 60 days.

 

TFI International Inc. Price and Consensus
TFI International Inc. Price and Consensus

TFI International Inc. Price and Consensus
TFI International Inc. price-consensus-chart | TFI International Inc. Quote 

TFI International’s shares gained 21.6% over the last one month compared with the S&P 500’s growth of 1.3%. The company possesses a Momentum Score of A.

 

TFI International Inc. Price
TFI International Inc. Price

TFI International Inc. Price
TFI International Inc. price | TFI International Inc. Quote 

Penske Automotive Group, Inc. PAG: This diversified transportation services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.8% over the last 60 days.

 

Penske Automotive Group, Inc. Price and Consensus
Penske Automotive Group, Inc. Price and Consensus

Penske Automotive Group, Inc. Price and Consensus
Penske Automotive Group, Inc. price-consensus-chart | Penske Automotive Group, Inc. Quote 

Penske Automotive’s shares gained 13.7% over the last one month. The company possesses a Momentum Score of A.

 

Penske Automotive Group, Inc. Price
Penske Automotive Group, Inc. Price

Penske Automotive Group, Inc. Price
Penske Automotive Group, Inc. price | Penske Automotive Group, Inc. Quote 

Encore Wire Corporation WIRE: This manufacturer and seller of electrical building wires and cables for interior electrical wiring has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

Encore Wire Corporation Price and Consensus
Encore Wire Corporation Price and Consensus

Encore Wire Corporation Price and Consensus
Encore Wire Corporation price-consensus-chart | Encore Wire Corporation Quote 

Encore Wire’s shares gained 4.2% over the last one month. The company possesses a Momentum Score of A.

 

Encore Wire Corporation Price
Encore Wire Corporation Price

Encore Wire Corporation Price
Encore Wire Corporation price | Encore Wire Corporation Quote 

Papa John's International, Inc. PZZA: This operator and franchiser of pizza delivery and carryout restaurants has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.

 

Papa Johns International, Inc. Price and Consensus
Papa Johns International, Inc. Price and Consensus

Papa John's International, Inc. Price and Consensus
Papa John's International, Inc. price-consensus-chart | Papa John's International, Inc. Quote 

Papa John's shares gained 8.4% over the last one month. The company possesses a Momentum Score of A.

 

Papa Johns International, Inc. Price
Papa Johns International, Inc. Price

Papa John's International, Inc. Price
Papa John's International, Inc. price | Papa John's International, Inc. Quote 

See the full list of top ranked stocks here

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

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

Penske Automotive Group, Inc. (PAG) : Free Stock Analysis Report

Papa Johns International, Inc. (PZZA) : Free Stock Analysis Report

Encore Wire Corporation (WIRE) : Free Stock Analysis Report

TFI International Inc. (TFII) : Free Stock Analysis Report

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