Top Ranked Momentum Stocks to Buy for June 15th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 15th:

Applied Industrial Technologies, Inc. (AIT): This distributor of industrial products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

Applied Industrial Technologies’ shares gained 18.1% over the last one month above the S&P 500’s gain of 5.4%. The company possesses a Momentum Score of A.

BHP Group (BHP): This company that engages in the natural resources business has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

BHP Group Limited Price and Consensus

BHP Group Limited Price and Consensus

BHP Group Limited price-consensus-chart | BHP Group Limited Quote

BHP’s shares gained more than 23.9% over the last one month. The company possesses a Momentum Score of A.

Big Lots, Inc. (BIG): This retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 48% over the last 60 days.

Big Lots, Inc. Price and Consensus

Big Lots, Inc. Price and Consensus

Big Lots, Inc. price-consensus-chart | Big Lots, Inc. Quote

Big Lots’s shares gained 24.4% over the last one month. The company possesses a Momentum Score of A.

Armstrong Flooring, Inc. (AFI): This manufacturer of flooring products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.8% over the last 60 days.

Armstrong Flooring’s shares gained more than 16.3% over the last one month. The company possesses a Momentum Score of B.

See the full list of top ranked stocks here

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

More Stock News: This Is Bigger than the iPhone!                   

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don’t buy now, you may kick yourself in 2021. 

Click here for the 6 trades >>

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
 
To read this article on Zacks.com click here.
 
Zacks Investment Research