U.S. markets open in 7 hours 59 minutes

  • S&P Futures

    4,147.75
    +1.00 (+0.02%)
     

  • Dow Futures

    32,773.00
    +16.00 (+0.05%)
     

  • Nasdaq Futures

    13,247.25
    +18.50 (+0.14%)
     

  • Russell 2000 Futures

    1,922.30
    +0.50 (+0.03%)
     

  • Crude Oil

    89.26
    +0.25 (+0.28%)
     

  • Gold

    1,788.00
    -3.20 (-0.18%)
     

  • Silver

    19.88
    +0.03 (+0.17%)
     

  • EUR/USD

    1.0185
    -0.0002 (-0.02%)
     

  • 10-Yr Bond

    2.8400
    0.0000 (0.00%)
     

  • Vix

    21.15
    -0.29 (-1.35%)
     

  • GBP/USD

    1.2075
    +0.0004 (+0.04%)
     

  • USD/JPY

    135.2610
    +0.2910 (+0.22%)
     

  • BTC-USD

    23,376.74
    +376.81 (+1.64%)
     

  • CMC Crypto 200

    544.47
    +9.24 (+1.73%)
     

  • FTSE 100

    7,439.74
    -8.32 (-0.11%)
     

  • Nikkei 225

    28,257.66
    +81.79 (+0.29%)
     

Top Ranked Momentum Stocks to Buy for April 22nd

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 22nd:

Ardmore Shipping Corporation (ASC): This company engaged in the seaborne transportation of petroleum products and chemicals has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 32.5% over the last 60 days.

Ardmore Shipping Corporation Price and Consensus

Ardmore Shipping Corporation Price and Consensus
Ardmore Shipping Corporation Price and Consensus

Ardmore Shipping Corporation price-consensus-chart | Ardmore Shipping Corporation Quote

Ardmore Shipping’s shares gained 45.7% over the last one month above the S&P 500’s increase of 21.3%. The company possesses a Momentum Score of B.

Ardmore Shipping Corporation Price

Ardmore Shipping Corporation Price
Ardmore Shipping Corporation Price

Ardmore Shipping Corporation price | Ardmore Shipping Corporation Quote

CorMedix, Inc. (CRMD): This biopharmaceutical company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.

CorMedix Inc Price and Consensus

CorMedix Inc Price and Consensus
CorMedix Inc Price and Consensus

CorMedix Inc price-consensus-chart | CorMedix Inc Quote

CorMedix’s shares gained 48.5% over the last one month. The company possesses a Momentum Score of B.

CorMedix Inc Price

CorMedix Inc Price
CorMedix Inc Price

CorMedix Inc price | CorMedix Inc Quote

Arcimoto, Inc. (FUV): This manufacturer of three-wheeled electric vehicles has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.1% over the last 60 days.

Arcimoto, Inc. Price and Consensus

Arcimoto, Inc. Price and Consensus
Arcimoto, Inc. Price and Consensus

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

Arcimoto’s shares gained 27.6% over the last one month. The company possesses a Momentum Score of B.

Arcimoto, Inc. Price

Arcimoto, Inc. Price
Arcimoto, Inc. Price

Arcimoto, Inc. price | Arcimoto, Inc. Quote

Ovid Therapeutics Inc. (OVID): This biopharmaceutical company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.4% over the last 60 days.

OVID THERAPEUTC Price and Consensus

OVID THERAPEUTC Price and Consensus
OVID THERAPEUTC Price and Consensus

OVID THERAPEUTC price-consensus-chart | OVID THERAPEUTC Quote

Ovid Therapeutics’ shares gained 38.9% over the last one month. The company possesses a Momentum Score of B.

OVID THERAPEUTC Price

OVID THERAPEUTC Price
OVID THERAPEUTC Price

OVID THERAPEUTC price | OVID THERAPEUTC Quote

See the full list of top ranked stocks here

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

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>                  


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
 
OVID THERAPEUTC (OVID) : Free Stock Analysis Report
 
Arcimoto, Inc. (FUV) : Free Stock Analysis Report
 
CorMedix Inc (CRMD) : Free Stock Analysis Report
 
Ardmore Shipping Corporation (ASC) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.

Recommended Stories

  • ‘We are in a recession’: Long-time bull Cathie Wood is warning investors about the ‘big problem’ in today's economy. Here are 3 stocks she likes now

    The super investor still sees opportunities ahead.

  • Winners and Losers in Democrats’ Signature Tax and Energy Bill

    (Bloomberg) -- President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment. Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedWinners and Losers in Democrats’ Signature Tax and Energy BillUS Inflation Peak in Sight But D

  • Costco May Have a Huge Workers Problem

    Costco has famously been a good place to work. Costco has more than 13,000 ratings on the website, with 80% of employees recommending working at Costco. Over 2254 reviews even stated that they "love Costco because they provide you with a living wage and great benefits even working part time."

  • Over 100% Upside: Analysts See an Appealing Entry Point in These 3 ‘Strong Buy’ Stocks

    After July’s exceptional surge, the markets steadied during early August with the S&P 500 up by a third of a precent over the past week. Now investors will be keen to find out if the rally has legs. Stifel's chief equity strategist Barry Bannister thinks it does and believes the S&P 500 is on course to reach 4,400 during the year’s second half, explaining that the sell-off in 1H22 is “still being reversed.” The strategist also thinks the S&P 500’s “equity risk premium” now suggests a mid-point p

  • Buffett’s Berkshire Pounces on Market Slump to Buy Equities

    (Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is following an age-old adage: Buy the dip.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedWinners and Losers in Democrats’ Signature Tax and Energy BillUS Inflation Peak in Sight But Debate Rages Over What Comes NextThe conglomerate was a net buyer of equities in the

  • 1 Semiconductor Stock With 104% Upside, According to Wall Street

    Advanced Micro Devices continues to deliver strong financial results, which could lead to blockbuster gains in its stock price.

  • Berkshire CEO-designate Abel sells stake in energy company he led for $870 million

    Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company's Berkshire Hathaway Energy unit for $870 million. In its quarterly report, Berkshire said the energy unit bought out Abel in June under an agreement among them and the family of the late billionaire philanthropist Walter Scott, which owns an 8% stake. Buffett's Omaha, Nebraska-based conglomerate took a $362 million charge to capital, reflecting the premium over how much the stake's value was reflected on its books.

  • Dow Jones Futures Fall: Market Rally Resilient; Apple, Tesla, These 5 Chip Stocks Could Use This

    The market rally showed resilience after Friday's jobs report. Apple, Tesla and these 5 chip stocks could use this.

  • A Shocking Percentage of Adults Failed This Financial Quiz. Can You Do Better?

    Despite the vast depth of information and education available today, financial literacy isn't improving among adults in the U.S. A financial advisor can help you improve your financial literacy to better understand your money. Find a fiduciary advisor today. On average, … Continue reading → The post 23% of Adults Got Three-Quarters of Financial Literacy Questions Wrong: Can You Get Them Right? appeared first on SmartAsset Blog.

  • SIGA Will Seek FDA Approval of Monkeypox Treatment When Data Is Available, CEO Says

    The monkeypox outbreak has sent the drugmaker's stock up more than 200% this year, though the company’s monkeypox antiviral remains hard to access in the U.S.

  • Senate Passes Climate Bill. The Rush to Renewable Energy Is On.

    The bill could greatly accelerate the global transition to wind, solar and other clean energy. For investors, it will pay to be picky.

  • Bearish Bets: 3 Stocks You Really Should Consider Shorting This Week

    Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Garmin Ltd. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.

  • Here's What Capital Gains on Inherited Properties Will Cost You

    When you inherit property, the IRS applies what is known as a stepped-up basis to that asset. Here's how capital gains are taxed on inherited property.

  • How to Avoid Real Estate Capital Gains Tax

    If your real estate investment appreciates in value you'll generally pay capital gains upon selling, but there are ways to minimize your tax burden.

  • The billionaire famous for his early investment in Facebook wants America to build again—just not housing in his backyard

    Marc Andreessen, who once wrote a blog post called “Time to Build,” lives in Atherton, California, America’s richest town. His YIMBY stance in the macro sense looks more NIMBY in the micro.

  • Is It Too Late to Buy These 2 Stock Split Stocks?

    Stock splits have been hot lately as some top companies have decided that dividing up their stocks into smaller portions will benefit the companies and their shareholders. Whether stock splits are advantageous to anyone is debatable, but historically, splitting the stock into smaller portions at cheaper prices does tend to achieve at least an initial jump in the price. Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) both split their stocks in June, and both stocks are up around 10% since their respective stock splits as of this writing.

  • How to Avoid Roth IRA Taxes

    Tax planning for your retirement accounts is an important part of setting your beneficiaries up to maximize the benefit of what you leave behind after you die. If you have a Roth IRA, you can effectively avoid estate tax issues … Continue reading → The post Guide to Roth IRAs and Estate Taxes appeared first on SmartAsset Blog.

  • 3 Low Price-Sales Ratio Stocks

    These stocks could be value opportunities

  • Buffett’s Berkshire Hathaway reports $44 billion loss as portfolio value falls

    Warren Buffett's company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and he bought significantly fewer stocks, but Berkshire Hathaway's many operating companies generally performed well.

  • Senate Passes Inflation Reduction Act. What’s Inside.

    The package would pump billions of dollars into energy and healthcare programs over the next 10 years, including $430 billion in new spending.