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Top Ranked Momentum Stocks to Buy for July 12th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, July 12th:

Coherus BioSciences, Inc. (CHRS): This commercial-stage biotherapeutics company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 42.5% over the last 60 days.

Coherus BioSciences, Inc. Price and Consensus

Coherus BioSciences, Inc. Price and Consensus

Coherus BioSciences, Inc. price-consensus-chart | Coherus BioSciences, Inc. Quote

Coherus BioSciences’ shares gained 8% over the last one month more than S&P 500’s rise of 4.3%. The company possesses a Momentum Score of A.

Coherus BioSciences, Inc. Price

Coherus BioSciences, Inc. Price

Coherus BioSciences, Inc. price | Coherus BioSciences, Inc. Quote

JD.com, Inc. (JD): This e-commerce company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3% over the last 60 days.

JD.com, Inc. Price and Consensus

JD.com, Inc. Price and Consensus

JD.com, Inc. price-consensus-chart | JD.com, Inc. Quote

JD.com’s shares gained 13.9% over the last one month. The company possesses a Momentum Score of B.

JD.com, Inc. Price

JD.com, Inc. Price

JD.com, Inc. price | JD.com, Inc. Quote

e.l.f. Beauty, Inc. (ELF): This beauty company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

e.l.f. Beauty Inc. Price and Consensus

e.l.f. Beauty Inc. Price and Consensus

e.l.f. Beauty Inc. price-consensus-chart | e.l.f. Beauty Inc. Quote

e.l.f. Beauty’s shares gained 35.6% over the last one month. The company possesses a Momentum Score of B.

e.l.f. Beauty Inc. Price

e.l.f. Beauty Inc. Price

e.l.f. Beauty Inc. price | e.l.f. Beauty Inc. Quote

Peak Resorts, Inc. (SKIS): This ski resorts operator has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 75.6% over the last 60 days.

Peak Resorts, Inc. Price and Consensus

Peak Resorts, Inc. Price and Consensus

Peak Resorts, Inc. price-consensus-chart | Peak Resorts, Inc. Quote

Peak Resorts' shares gained 25.2% over the last one month. The company possesses a Momentum Score of A.

Peak Resorts, Inc. Price

Peak Resorts, Inc. Price

Peak Resorts, Inc. price | Peak Resorts, Inc. Quote

See the full list of top ranked stocks here

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

The Hottest Tech Mega-Trend of All                

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>                


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