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Top Ranked Momentum Stocks to Buy for March 29th

Zacks Equity Research

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 29th:

Acacia Communications, Inc. (ACIA): This developer and manufacturer of high-speed coherent optical interconnect products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Acacia Communications, Inc. Price and Consensus

Acacia Communications, Inc. Price and Consensus

Acacia Communications, Inc. price-consensus-chart | Acacia Communications, Inc. Quote

Acacia's shares gained 26.5% over the last one month more than S&P 500’s gain of 0.8%. The company possesses a Momentum Score of B.

Acacia Communications, Inc. Price

Acacia Communications, Inc. Price

Acacia Communications, Inc. price | Acacia Communications, Inc. Quote

Sanderson Farms, Inc. (SAFM): This integrated poultry processing company 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.

Sanderson Farms, Inc. Price and Consensus

Sanderson Farms, Inc. Price and Consensus

Sanderson Farms, Inc. price-consensus-chart | Sanderson Farms, Inc. Quote

Sanderson Farms' shares gained 19.7% over the last one month. The company possesses a Momentum Score of A.

Sanderson Farms, Inc. Price

Sanderson Farms, Inc. Price

Sanderson Farms, Inc. price | Sanderson Farms, Inc. Quote

ASLAN Pharmaceuticals Limited (ASLN): This clinical-stage oncology-focused biopharmaceutical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.3% over the last 60 days.

ASLAN Pharmaceuticals Ltd. Price and Consensus

ASLAN Pharmaceuticals Ltd. Price and Consensus

ASLAN Pharmaceuticals Ltd. price-consensus-chart | ASLAN Pharmaceuticals Ltd. Quote

ASLAN's shares gained 26.5% over the last one month. The company possesses a Momentum Score of B.

ASLAN Pharmaceuticals Ltd. Price

ASLAN Pharmaceuticals Ltd. Price

ASLAN Pharmaceuticals Ltd. price | ASLAN Pharmaceuticals Ltd. 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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