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Top Ranked Momentum Stocks to Buy for June 12th

Zacks Equity Research
Updated

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, June 12th:

Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings jumping 38.1% over the last 60 days.

Chemours Company (The) Price and Consensus

 

Chemours Company (The) Price and Consensus | Chemours Company (The) Quote

Chemours’ shares gained 21.6% over the last three months higher. The company possesses a Momentum Score of B.

Chemours Company (The) Price

 

Chemours Company (The) Price | Chemours Company (The) Quote

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Applied Materials, Inc. (AMAT) : This technology company has witnessed the Zacks Consensus Estimate for its current year earnings rising 13.2% over the last 60 days.

Applied Materials, Inc. Price and Consensus

 

Applied Materials, Inc. Price and Consensus | Applied Materials, Inc. Quote

Applied Materials’ shares gained 17.4% over the last three months. The company possesses a Momentum Score of B.

Applied Materials, Inc. Price

 

Applied Materials, Inc. Price | Applied Materials, Inc. Quote

Best Buy Co., Inc. (BBY) : This retailer has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.

Best Buy Co., Inc. Price and Consensus

 

Best Buy Co., Inc. Price and Consensus | Best Buy Co., Inc. Quote

Best Buy’s shares gained 29.8% over the last three months. The company possesses a Momentum Score of A.

Best Buy Co., Inc. Price

 

Best Buy Co., Inc. Price | Best Buy Co., Inc. Quote

Applied Optoelectronics, Inc. (AAOI) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.

Applied Optoelectronics, Inc. Price and Consensus

 

Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote

Applied Optoelectronics’ shares increased 0.8% over the past one month. The company possesses a Momentum Score of B.

Applied Optoelectronics, Inc. Price

 

Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote

See the full list of top ranked stocks here

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

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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
 
Click for Free Chemours Company (The) (CC) Stock Analysis Report >>
 
Click for Free Best Buy Co., Inc. (BBY) Stock Analysis Report >>
 
Click for Free Applied Materials, Inc. (AMAT) Stock Analysis Report >>
 
Click for Free Applied Optoelectronics, Inc. (AAOI) Stock Analysis Report >>
 
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Zacks Investment Research