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Top Ranked Momentum Stocks to Buy for June 3rd

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 3rd:

Dropbox, Inc. (DBX): This provider of a collaboration platform has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.     

Dropbox, Inc. Price and Consensus

Dropbox, Inc. Price and Consensus

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

Dropbox’s shares gained 16.2% over the last one month above the S&P 500’s gain of 9.8%. The company possesses a Momentum Score of A.

Dropbox, Inc. Price

Dropbox, Inc. Price

Dropbox, Inc. price | Dropbox, Inc. Quote

Kopin Corporation (KOPN): This manufacturer of components, subassemblies, head-worn and hand-held systems has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Kopin Corporation Price and Consensus

Kopin Corporation Price and Consensus

Kopin Corporation price-consensus-chart | Kopin Corporation Quote

Kopin’s shares gained 61.% over the last one month. The company possesses a Momentum Score of A.

Kopin Corporation Price

Kopin Corporation Price

Kopin Corporation price | Kopin Corporation Quote

Medifast, Inc. (MED): This manufacturer of health and nutritional products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.

MEDIFAST INC Price and Consensus

MEDIFAST INC Price and Consensus

MEDIFAST INC price-consensus-chart | MEDIFAST INC Quote

Medifast’s shares gained more than 38.1% over the last one month. The company possesses a Momentum Score of A.

MEDIFAST INC Price

MEDIFAST INC Price

MEDIFAST INC price | MEDIFAST INC Quote

Golden Minerals Company (AUMN): This precious metals exploration and development company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.5% over the last 60 days.

Golden Minerals Company Price and Consensus

Golden Minerals Company Price and Consensus

Golden Minerals Company price-consensus-chart | Golden Minerals Company Quote

Golden Minerals Company’s shares gained more than 99.7% over the last one month. The company possesses a Momentum Score of A.

Golden Minerals Company Price

Golden Minerals Company Price

Golden Minerals Company price | Golden Minerals Company Quote

See the full list of top ranked stocks here

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

Zacks Top 10 Stocks for 2020

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MEDIFAST INC (MED) : Free Stock Analysis Report
 
Kopin Corporation (KOPN) : Free Stock Analysis Report
 
Dropbox, Inc. (DBX) : Free Stock Analysis Report
 
Golden Minerals Company (AUMN) : Free Stock Analysis Report
 
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