Top Ranked Momentum Stocks to Buy for August 6th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 6th:
Norbord Inc. (OSB): This manufacturer and seller of wood-based panels has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
Norbord Inc. Price and Consensus
Norbord Inc. price-consensus-chart | Norbord Inc. Quote
Norbord's shares gained 30.1% over the last one month compared to S&P 500’s rise of 6.2%. The company possesses a Momentum Score of B.
Norbord Inc. Price
Norbord Inc. price | Norbord Inc. Quote
Verona Pharma plc (VRNA): This clinical stage biopharmaceutical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 62.2% over the last 60 days.
Verona Pharma PLC American Depositary Share Price and Consensus
Verona Pharma PLC American Depositary Share price-consensus-chart | Verona Pharma PLC American Depositary Share Quote
Verona's shares gained 45.2% over the last one month. The company possesses a Momentum Score of B.
Verona Pharma PLC American Depositary Share Price
Verona Pharma PLC American Depositary Share price | Verona Pharma PLC American Depositary Share Quote
Plantronics, Inc. (PLT): This designer and seller of integrated communications and collaborations solutions has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.6% over the last 60 days.
Plantronics, Inc. Price and Consensus
Plantronics, Inc. price-consensus-chart | Plantronics, Inc. Quote
Plantronics' shares gained 26.7% over the last one month. The company possesses a Momentum Score of A.
Plantronics, Inc. Price
Plantronics, Inc. price | Plantronics, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Click here for the 6 trades >>
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
Verona Pharma PLC American Depositary Share (VRNA) : Free Stock Analysis Report
Plantronics, Inc. (PLT) : Free Stock Analysis Report
Norbord Inc. (OSB) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
