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Top Ranked Momentum Stocks to Buy for June 12th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 12th: 

Bruker Corporation (BRKR): This scientific instruments manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.2% over the last 60 days.

Bruker Corporation Price and Consensus

Bruker Corporation Price and Consensus

Bruker Corporation price-consensus-chart | Bruker Corporation Quote

Bruker’s shares gained 9.9% over the last one month more than S&P 500’s rise of 2.6%. The company possesses a Momentum Score of A.

Bruker Corporation Price

Bruker Corporation Price

Bruker Corporation price | Bruker Corporation Quote

Itron, Inc. (ITRI): This technology and service company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

Itron, Inc. Price and Consensus

Itron, Inc. Price and Consensus

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

Itron’s shares gained 5.3% over the last one month. The company possesses a Momentum Score of B.

Itron, Inc. Price

Itron, Inc. Price

Itron, Inc. price | Itron, Inc. Quote

Ciena Corporation (CIEN): This telecommunications company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.2% over the last 60 days.

Ciena Corporation Price and Consensus

Ciena Corporation Price and Consensus

Ciena Corporation price-consensus-chart | Ciena Corporation Quote

Ciena's shares gained 32.7% over the last one month. The company possesses a Momentum Score of A.

Ciena Corporation Price

Ciena Corporation Price

Ciena Corporation price | Ciena Corporation Quote

L3 Technologies, Inc. (LLL): This provider of security and detection systems used by military and homeland security etc has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

L3 Technologies Inc. Price and Consensus

L3 Technologies Inc. Price and Consensus

L3 Technologies Inc. price-consensus-chart | L3 Technologies Inc. Quote

L3 Technologies’shares gained 3.8% over the last one month. The company possesses a Momentum Score of B.

L3 Technologies Inc. Price

L3 Technologies Inc. Price

L3 Technologies Inc. price | L3 Technologies Inc. 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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L3 Technologies Inc. (LLL) : Free Stock Analysis Report
 
Itron, Inc. (ITRI) : Free Stock Analysis Report
 
Ciena Corporation (CIEN) : Free Stock Analysis Report
 
Bruker Corporation (BRKR) : Free Stock Analysis Report
 
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