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Best Momentum Stocks to Buy for August 4th

Zacks Equity Research
·2 min read

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 4th:

Impinj, Inc. PI: This company which operates a cloud connectivity platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 132% over the last 60 days.

Impinj, Inc. Price and Consensus

Impinj, Inc. Price and Consensus
Impinj, Inc. Price and Consensus

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

Impinj’s shares gained 72.8% over the last three months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score of A.

Impinj, Inc. Price

Impinj, Inc. Price
Impinj, Inc. Price

Impinj, Inc. price | Impinj, Inc. Quote

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Instructure Holdings, Inc. INST: This company that provides cloud-based learning, assessment, development, and engagement systems has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 1% over the last 60 days.

Instructure Holdings, Inc. Price and Consensus

Instructure Holdings, Inc. Price and Consensus
Instructure Holdings, Inc. Price and Consensus

Instructure Holdings, Inc. price-consensus-chart | Instructure Holdings, Inc. Quote

Instructure’s shares gained 32.7% over the last three months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score of A.

Instructure Holdings, Inc. Price

Instructure Holdings, Inc. Price
Instructure Holdings, Inc. Price

Instructure Holdings, Inc. price | Instructure Holdings, Inc. Quote

Assembly Biosciences, Inc. ASMB: This clinical-stage biotechnology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.

Assembly Biosciences, Inc. Price and Consensus

Assembly Biosciences, Inc. Price and Consensus
Assembly Biosciences, Inc. Price and Consensus

Assembly Biosciences, Inc. price-consensus-chart | Assembly Biosciences, Inc. Quote

Assembly’s shares gained 20.2% over the last three months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score of A.

Assembly Biosciences, Inc. Price

Assembly Biosciences, Inc. Price
Assembly Biosciences, Inc. Price

Assembly Biosciences, Inc. price | Assembly Biosciences, Inc. Quote

 

See the full list of top ranked stocks here

 

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


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
 
Impinj, Inc. (PI) : Free Stock Analysis Report
 
Instructure Holdings, Inc. (INST) : Free Stock Analysis Report
 
Assembly Biosciences, Inc. (ASMB) : Free Stock Analysis Report
 
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Zacks Investment Research