Best Momentum Stocks to Buy for April 18th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 18:

Dragonfly Energy Holdings Corp. DFLI:  This lithium-ion battery company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 50% over the last 60 days.

Dragonfly Energy Holdings Corp. Price and Consensus

Dragonfly Energy Holdings Corp. Price and Consensus

Dragonfly Energy Holdings Corp. price-consensus-chart | Dragonfly Energy Holdings Corp. Quote

Dragonfly Energy Holdings Corp's shares gained 39.9% over the last three months compared with the S&P 500’s advance of 3.4%. The company possesses a Momentum Score of A.

Dragonfly Energy Holdings Corp. Price

Dragonfly Energy Holdings Corp. Price

Dragonfly Energy Holdings Corp. price | Dragonfly Energy Holdings Corp. Quote

Allison Transmission Holdings, Inc. ALSN: This transmission systems company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

Allison Transmission Holdings, Inc. Price and Consensus

Allison Transmission Holdings, Inc. Price and Consensus

Allison Transmission Holdings, Inc. price-consensus-chart | Allison Transmission Holdings, Inc. Quote

Allison Transmission Holdings' shares gained 39.3% over the last three months compared with the S&P 500’s advance of 3.4%. The company possesses a Momentum Score of A.

Allison Transmission Holdings, Inc. Price

Allison Transmission Holdings, Inc. Price

Allison Transmission Holdings, Inc. price | Allison Transmission Holdings, Inc. Quote

Palmer Square Capital BDC Inc. PSBD: This closed-end management investment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

Palmer Square Capital BDC Inc. Price and Consensus

Palmer Square Capital BDC Inc. Price and Consensus

Palmer Square Capital BDC Inc. price-consensus-chart | Palmer Square Capital BDC Inc. Quote

Palmer Square Capital BDC's shares gained 0.1% over the last one month compared with the S&P 500’s declined of 3.6%. The company possesses a Momentum Score of A.

Palmer Square Capital BDC Inc. Price

Palmer Square Capital BDC Inc. Price

Palmer Square Capital BDC Inc. price | Palmer Square Capital BDC Inc. Quote

See the full list of top ranked stocks here

 

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


 

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

See This Stock Now for Free >>

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

Allison Transmission Holdings, Inc. (ALSN) : Free Stock Analysis Report

Dragonfly Energy Holdings Corp. (DFLI) : Free Stock Analysis Report

Palmer Square Capital BDC Inc. (PSBD) : Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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