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Top Ranked Momentum Stocks to Buy for August 2nd

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 2nd:

Agnico Eagle Mines Limited (AEM): This explorer and developer of mineral properties has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 47.1% over the last 60 days.

Agnico Eagle Mines Limited Price and Consensus

Agnico Eagle Mines Limited Price and Consensus

Agnico Eagle Mines Limited price-consensus-chart | Agnico Eagle Mines Limited Quote

Agnico Eagle's shares gained 5.8% over the last one month compared to S&P 500’s fall of -1.8%. The company possesses a Momentum Score of A.

Agnico Eagle Mines Limited Price

Agnico Eagle Mines Limited Price

Agnico Eagle Mines Limited price | Agnico Eagle Mines Limited Quote

Biogen Inc. (BIIB): This developer of innovative therapies for treating serious neurological and neurodegenerative diseases has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Biogen Inc. Price and Consensus

Biogen Inc. Price and Consensus

Biogen Inc. price-consensus-chart | Biogen Inc. Quote

Biogen's shares gained 2.1% over the last one month. The company possesses a Momentum Score of A.

Biogen Inc. Price

Biogen Inc. Price

Biogen Inc. price | Biogen Inc. Quote

American International Group, Inc. (AIG): This provider of property-casualty, life and retirement, and general insurance services has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.

American International Group, Inc. Price and Consensus

American International Group, Inc. Price and Consensus

American International Group, Inc. price-consensus-chart | American International Group, Inc. Quote

American International’s shares gained 0.8% over the last one month. The company possesses a Momentum Score of A.

American International Group, Inc. Price

American International Group, Inc. Price

American International Group, Inc. price | American International Group, Inc. Quote

Ally Financial Inc. (ALLY): This digital financial-services company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

Ally Financial Inc. Price and Consensus

Ally Financial Inc. Price and Consensus

Ally Financial Inc. price-consensus-chart | Ally Financial Inc. Quote

Ally’s shares gained 2.5% over the last one month. The company possesses a Momentum Score of B.

Ally Financial Inc. Price

Ally Financial Inc. Price

Ally Financial Inc. price | Ally Financial Inc. 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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Biogen Inc. (BIIB) : Free Stock Analysis Report
 
Ally Financial Inc. (ALLY) : Free Stock Analysis Report
 
American International Group, Inc. (AIG) : Free Stock Analysis Report
 
Agnico Eagle Mines Limited (AEM) : Free Stock Analysis Report
 
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