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MARKETS LIVE BLOG:

U.S. MARKETS SINK, TECH STOCKS DROP AS GLOBAL SELL-OFF INTENSIFIES

Stocks recover ground but remain in sell-off mode; Bitcoin suffers biggest drop since FTX collapse

Best Momentum Stocks to Buy for July 12th

Zacks Equity Research
·1 min read

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 12:

Ikena Oncology, Inc. IKNA: This oncology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.7% over the last 60 days.

Ikena Oncology's shares gained 28.9% over the last three months compared with the S&P 500’s advanced of 10.4%. The company possesses a Momentum Score of B.

Aveanna Healthcare Holdings Inc. AVAH: This diversified home care platform company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.2% over the last 60 days.

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Aveanna Healthcare Holdings' shares gained 27.1% over the last three months compared with the S&P 500’s advanced of 10.3%. The company possesses a Momentum Score of B.

Velocity Financial, Inc. VEL: This real estate finance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Velocity Financial's shares gained 15.1% over the last three months compared with the S&P 500’s advanced of 10.3%. 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.

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

Velocity Financial, Inc. (VEL) : Free Stock Analysis Report

Ikena Oncology, Inc. (IKNA) : Free Stock Analysis Report

Aveanna Healthcare Holdings Inc. (AVAH) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research