U.S. Markets closed

Top Ranked Momentum Stocks to Buy for April 23rd

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 23rd:

Chewy, Inc. (CHWY): This provider of pet food and treats, pet supplies and pet medications, and other pet-health products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.8% over the last 60 days.

Chewy Inc. Price and Consensus

Chewy Inc. Price and Consensus

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

Chewy's shares gained 38.9% over the last one month compared to S&P 500’s rise of 22.8%. The company possesses a Momentum Score of B.

Chewy Inc. Price

Chewy Inc. Price

Chewy Inc. price | Chewy Inc. Quote

Howden Joinery Group Plc (HWDJY): This manufacturer and distributor of kitchens and joinery products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

HOWDEN JOINERY Price and Consensus

HOWDEN JOINERY Price and Consensus

HOWDEN JOINERY price-consensus-chart | HOWDEN JOINERY Quote

Howden Joinery’s shares gained 29.2% over the last one month. The company possesses a Momentum Score of B.

HOWDEN JOINERY Price

HOWDEN JOINERY Price

HOWDEN JOINERY price | HOWDEN JOINERY Quote

Netflix, Inc. (NFLX): This provider of subscription streaming entertainment service has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1% over the last 60 days.

Netflix, Inc. Price and Consensus

Netflix, Inc. Price and Consensus

Netflix, Inc. price-consensus-chart | Netflix, Inc. Quote

Netflix’s shares gained 29.7% over the last one month. The company possesses a Momentum Score of A.

Netflix, Inc. Price

Netflix, Inc. Price

Netflix, Inc. price | Netflix, Inc. Quote

Conagra Brands, Inc. (CAG): This food company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 60 days.

Conagra Brands Inc. Price and Consensus

Conagra Brands Inc. Price and Consensus

Conagra Brands Inc. price-consensus-chart | Conagra Brands Inc. Quote

Conagra’s shares gained 30.6% over the last one month. The company possesses a Momentum Score of A.

Conagra Brands Inc. Price

Conagra Brands Inc. Price

Conagra Brands Inc. price | Conagra Brands Inc. Quote

See the full list of top ranked stocks here

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

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.

See 8 breakthrough stocks now>>


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
 
Netflix, Inc. (NFLX) : Free Stock Analysis Report
 
HOWDEN JOINERY (HWDJY) : Free Stock Analysis Report
 
Chewy Inc. (CHWY) : Free Stock Analysis Report
 
Conagra Brands Inc. (CAG) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research