U.S. Markets open in 2 hrs 18 mins

Top Ranked Momentum Stocks to Buy for July 30th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, July 30th:

Ally Financial Inc. (ALLY): This provider of financial products and serviceshas 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 Financial's shares gained 6.5% over the last one month more than S&P 500’s rise of 1.6%. The company possesses a Momentum Score of B.

Ally Financial Inc. Price

Ally Financial Inc. Price

Ally Financial Inc. price | Ally Financial Inc. Quote

American International Group, Inc. (AIG): This provider of insurance products for commercial, institutional as well as individual customers 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 4.7% 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

Alamos Gold Inc. (AGI): This acquirer and explorer of gold deposits in North America has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 50% over the last 60 days.

Alamos Gold Inc. Price and Consensus

Alamos Gold Inc. Price and Consensus

Alamos Gold Inc. price-consensus-chart | Alamos Gold Inc. Quote

Alamos Gold’s shares gained 15.6% over the last one month. The company possesses a Momentum Score of A.

Alamos Gold Inc. Price

Alamos Gold Inc. Price

Alamos Gold Inc. price | Alamos Gold Inc. Quote

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 Mines’ shares gained 8.7% over the last one month. 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

See the full list of top ranked stocks here

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

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Ally Financial Inc. (ALLY) : Free Stock Analysis Report
 
American International Group, Inc. (AIG) : Free Stock Analysis Report
 
Alamos Gold Inc. (AGI) : Free Stock Analysis Report
 
Agnico Eagle Mines Limited (AEM) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research