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Top Ranked Momentum Stocks to Buy for March 18th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, March 18th:

Douglas Dynamics, Inc. (PLOW): This manufacturer and up-fitter of commercial work truck attachments and equipment has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% 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 5.4% over the last one month against the S&P 500’s rise of 2%. The company possesses a Momentum Score of A.

Douglas Dynamics, Inc. Price

Douglas Dynamics, Inc. Price

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

Encore Wire Corporation (WIRE): This electrical building wires and cables manufacturer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.7% over the last 60 days.

Encore Wire Corporation Price and Consensus

Encore Wire Corporation Price and Consensus

Encore Wire Corporation price-consensus-chart | Encore Wire Corporation Quote

Encore Wire’s shares gained 6.8% over the last one month. The company possesses a Momentum Scoreof B.

Encore Wire Corporation Price

Encore Wire Corporation Price

Encore Wire Corporation price | Encore Wire Corporation Quote

DXP Enterprises, Inc. (DXPE): This company that engages in operation, maintenance and repair of equipment and products in the energy and industrial sector has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

DXP Enterprises, Inc. Price and Consensus

DXP Enterprises, Inc. Price and Consensus

DXP Enterprises, Inc. price-consensus-chart | DXP Enterprises, Inc. Quote

DXP Enterprises’ shares gained 16.5% over the last one month. The company possesses a Momentum Scoreof B.

DXP Enterprises, Inc. Price

DXP Enterprises, Inc. Price

DXP Enterprises, Inc. price | DXP Enterprises, Inc. Quote

Clarus Corporation (CLAR): This manufacturer of outdoor equipment and lifestyle products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.

Clarus Corporation Price and Consensus

Clarus Corporation Price and Consensus

Clarus Corporation price-consensus-chart | Clarus Corporation Quote

Clarus’ shares gained 2.6% over the last one month. The company possesses a Momentum Scoreof B.

Clarus Corporation Price

Clarus Corporation Price

Clarus Corporation price | Clarus Corporation Quote

See the full list of top ranked stocks here.

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

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Encore Wire Corporation (WIRE) : Free Stock Analysis Report
 
Douglas Dynamics, Inc. (PLOW) : Free Stock Analysis Report
 
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