Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 4th:
Northern Dynasty Minerals Ltd. (NAK): This company that engages in the exploration of mineral properties has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.6% over the last 60 days.
Northern Dynasty Minerals’ shares gained more than 100% over the last one month compared with the S&P 500 growth of 10.3%. The company possesses a Momentum Score of A.
Haverty Furniture Companies, Inc. (HVT): This company that operates as a specialty retailer of residential furniture and accessories has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
Haverty Furniture Companies’ shares gained nearly 34% over the last one month. The company possesses a Momentum Score of A.
BJ’s Wholesale Club Holdings, Inc. (BJ): This company that offers perishable, edible grocery, general merchandise, and non-edible grocery products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.8% over the last 60 days.
BJ’s Wholesale Club Holdings’ shares gained 38.5% over the last one month. The company possesses a Momentum Score of A.
Semtech Corporation (SMTC): This company that designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.
Semtech’s shares gained 26.5% over the last one month. The company possesses a Momentum Score of A.
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>
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