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Top Ranked Momentum Stocks to Buy for April 2nd

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 2nd:

Red Lion Hotels Corporation (RLH): This hospitality and leisure company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 85.7% over the last 60 days.

Red Lion Hotels Corporation Price and Consensus

Red Lion Hotels Corporation Price and Consensus

Red Lion Hotels Corporation price-consensus-chart | Red Lion Hotels Corporation Quote

Red Lion Hotels’ shares gained 5.6% over the last one month against the S&P 500’s rise of 2.7%. The company possesses a Momentum Score of A.

Red Lion Hotels Corporation Price

Red Lion Hotels Corporation Price

Red Lion Hotels Corporation price | Red Lion Hotels Corporation Quote

Fastenal Company (FAST): This industrial and construction supplies distributor has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

Fastenal Company Price and Consensus

Fastenal Company Price and Consensus

Fastenal Company price-consensus-chart | Fastenal Company Quote

Fastenal’s shares gained 5% over the last one month. The company possesses a Momentum Score of B.

Fastenal Company Price

Fastenal Company Price

Fastenal Company price | Fastenal Company Quote

BioTime, Inc. (BTX): This clinical-stage biotechnology company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.

BioTime, Inc. Price and Consensus

BioTime, Inc. Price and Consensus

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

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

BioTime, Inc. Price

BioTime, Inc. Price

BioTime, Inc. price | BioTime, Inc. Quote

AutoZone, Inc. (AZO): This automotive replacement parts and accessories retailer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.2% over the last 60 days.

AutoZone, Inc. Price and Consensus

AutoZone, Inc. Price and Consensus

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

AutoZone’s shares gained 10.4% over the last one month. The company possesses a Momentum Score of B.

AutoZone, Inc. Price

AutoZone, Inc. Price

AutoZone, Inc. price | AutoZone, 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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