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Top Ranked Momentum Stocks to Buy for August 10th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 10th:

Kulicke and Soffa Industries, Inc. KLIC: This designer, manufacturer, and seller of capital equipment and tools to assemble semiconductor devices has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.3% over the last 60 days.

Kulicke and Soffa Industries, Inc. Price and Consensus

Kulicke and Soffa Industries, Inc. Price and Consensus
Kulicke and Soffa Industries, Inc. Price and Consensus

Kulicke and Soffa Industries, Inc. price-consensus-chart | Kulicke and Soffa Industries, Inc. Quote

Kulicke and Soffa’s shares gained 28.4% over the last one month compared with the S&P 500’s growth of 1.9%. The company possesses a Momentum Score of A.

Kulicke and Soffa Industries, Inc. Price

Kulicke and Soffa Industries, Inc. Price
Kulicke and Soffa Industries, Inc. Price

Kulicke and Soffa Industries, Inc. price | Kulicke and Soffa Industries, Inc. Quote

MercadoLibre, Inc. MELI: This operator of online commerce platforms 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.

MercadoLibre, Inc. Price and Consensus

MercadoLibre, Inc. Price and Consensus
MercadoLibre, Inc. Price and Consensus

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

MercadoLibre’s shares gained 17.3% over the last one month. The company possesses a Momentum Score of A.

MercadoLibre, Inc. Price

MercadoLibre, Inc. Price
MercadoLibre, Inc. Price

MercadoLibre, Inc. price | MercadoLibre, Inc. Quote

InterDigital, Inc. IDCC: This designer and developer of technologies that enable and enhance wireless communications has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 44.1% over the last 60 days.

InterDigital, Inc. Price and Consensus

InterDigital, Inc. Price and Consensus
InterDigital, Inc. Price and Consensus

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

InterDigital’s shares gained 4% over the last one month. The company possesses a Momentum Score of A.

InterDigital, Inc. Price

InterDigital, Inc. Price
InterDigital, Inc. Price

InterDigital, Inc. price | InterDigital, Inc. Quote

WESCO International, Inc. WCC: This provider of business-to-business distribution, logistics, and supply chain solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 10% over the last 60 days.

WESCO International, Inc. Price and Consensus

WESCO International, Inc. Price and Consensus
WESCO International, Inc. Price and Consensus

WESCO International, Inc. price-consensus-chart | WESCO International, Inc. Quote

WESCO’s shares gained 8.4% over the last one month. The company possesses a Momentum Score of B.

WESCO International, Inc. Price

WESCO International, Inc. Price
WESCO International, Inc. Price

WESCO International, Inc. price | WESCO 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

WESCO International, Inc. (WCC) : Free Stock Analysis Report

InterDigital, Inc. (IDCC) : Free Stock Analysis Report

MercadoLibre, Inc. (MELI) : Free Stock Analysis Report

Kulicke and Soffa Industries, Inc. (KLIC) : Free Stock Analysis Report

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