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Top Ranked Momentum Stocks to Buy for April 6th

Zacks Equity Research
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Looking for a Growth Stock? Why It is Time to Focus on Alexion Pharmaceuticals (ALXN)

Alexion Pharmaceuticals (ALXN) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 6th:

Saia, Inc. (SAIA): This transportation company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

Saia, Inc. Price and Consensus

Saia, Inc. Price and Consensus

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

Saia's shares gained 4.7% over the last one month more than S&P 500’s loss of 3.3%. The company possesses a Momentum Score of A.

Saia, Inc. Price

Saia, Inc. Price

Saia, Inc. price | Saia, Inc. Quote

Covenant Transportation Group, Inc. (CVTI): This truckload transportation services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 8.5% over the last 60 days.

Covenant Transportation Group, Inc. Price and Consensus

Covenant Transportation Group, Inc. Price and Consensus

Covenant Transportation Group, Inc. price-consensus-chart | Covenant Transportation Group, Inc. Quote

Covenant Transportation’s shares gained 14.2% over the last one month. The company possesses a Momentum Score of B.

Covenant Transportation Group, Inc. Price

Covenant Transportation Group, Inc. Price

Covenant Transportation Group, Inc. price | Covenant Transportation Group, Inc. Quote

Douglas Dynamics, Inc. (PLOW): This manufacturer of auto parts has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.3% over the last 60 days.

Douglas Dynamics, Inc. Price and Consensus

Douglas Dynamics, Inc. Price and Consensus

Douglas Dynamics, Inc. price-consensus-chart | Douglas Dynamics, Inc. Quote

Douglas Dynamics’ shares gained 1.7% over the last one month. The company possesses a Momentum Score of B.

Douglas Dynamics, Inc. Price

Douglas Dynamics, Inc. Price

Douglas Dynamics, Inc. price | Douglas Dynamics, Inc. Quote

See the full list of top ranked stocks here

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

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


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Saia, Inc. (SAIA) : Free Stock Analysis Report
 
Douglas Dynamics, Inc. (PLOW) : Free Stock Analysis Report
 
Covenant Transportation Group, Inc. (CVTI) : Free Stock Analysis Report
 
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