U.S. Markets open in 8 hrs 51 mins

Top Ranked Momentum Stocks to Buy for March 8th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, March 8th:

The Estée Lauder Companies Inc. (EL): This manufacturer of skin care, hair care, makeup and fragrance products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

The Estee Lauder Companies Inc. Price and Consensus

The Estee Lauder Companies Inc. Price and Consensus

The Estee Lauder Companies Inc. price-consensus-chart | The Estee Lauder Companies Inc. Quote

Estée Lauder’s shares gained 1.1% over the last one month against the S&P 500’s rise of 0.7%. The company possesses a Momentum Score of A.

The Estee Lauder Companies Inc. Price

The Estee Lauder Companies Inc. Price

The Estee Lauder Companies Inc. price | The Estee Lauder Companies Inc. Quote

Inter Parfums, Inc. (IPAR): This fragrances and fragrance related products manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

Inter Parfums, Inc. Price and Consensus

Inter Parfums, Inc. Price and Consensus

Inter Parfums, Inc. price-consensus-chart | Inter Parfums, Inc. Quote

Inter Parfums’ shares gained 13.7% over the last one month. The company possesses a Momentum Score of B.

Inter Parfums, Inc. Price

Inter Parfums, Inc. Price

Inter Parfums, Inc. price | Inter Parfums, Inc. Quote

PlayAGS, Inc. (AGS): This designer and supplier of electronic gaming machines has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.8% over the last 60 days.

PlayAGS, Inc. Price and Consensus

PlayAGS, Inc. Price and Consensus

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

PlayAGS’ shares gained 12.2% over the last one month. The company possesses a Momentum Score of A.

PlayAGS, Inc. Price

PlayAGS, Inc. Price

PlayAGS, Inc. price | PlayAGS, Inc. Quote

TAL Education Group (TAL): This after-school tutoring services provider has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.2% over the last 60 days.

TAL Education Group Price and Consensus

TAL Education Group Price and Consensus

TAL Education Group price-consensus-chart | TAL Education Group Quote

TAL Education’s shares gained 7.9% over the last one month. The company possesses a Momentum Score of A.

TAL Education Group Price

TAL Education Group Price

TAL Education Group price | TAL Education Group Quote

See the full list of top ranked stocks here.

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

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>


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
 
TAL Education Group (TAL) : Free Stock Analysis Report
 
Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report
 
The Estee Lauder Companies Inc. (EL) : Free Stock Analysis Report
 
PlayAGS, Inc. (AGS) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research