Best Momentum Stocks to Buy for March 8th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 8:

International Seaways, Inc. INSW: This tanker shipping company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16% over the last 60 days.

International Seaways Inc. Price and Consensus

International Seaways Inc. Price and Consensus

International Seaways Inc. price-consensus-chart | International Seaways Inc. Quote

International Seaways' shares gained 18.6% over the last three months compared with the S&P 500’s advance of 8.1%. The company possesses a Momentum Score of A.

International Seaways Inc. Price

International Seaways Inc. Price

International Seaways Inc. price | International Seaways Inc. Quote

AMERISAFE, Inc. AMSF: This insurance holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.  

AMERISAFE, Inc. Price and Consensus

AMERISAFE, Inc. Price and Consensus

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

AMERISAFE's shares gained 9.5% over the last three months compared with the S&P 500’s advance of 8.2%. The company possesses a Momentum Score of A.

AMERISAFE, Inc. Price

AMERISAFE, Inc. Price

AMERISAFE, Inc. price | AMERISAFE, Inc. Quote

Mitsubishi Corporation MSBHF: This multi-industry conglomerate has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.

Mitsubishi Corp. Price and Consensus

Mitsubishi Corp. Price and Consensus

Mitsubishi Corp. price-consensus-chart | Mitsubishi Corp. Quote

Mitsubishi Corporation's shares gained 40.6% over the last three months compared with the S&P 500’s advance of 8.2%. The company possesses a Momentum Score of B.

Mitsubishi Corp. Price

Mitsubishi Corp. Price

Mitsubishi Corp. price | Mitsubishi Corp. Quote

See the full list of top ranked stocks here

 

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

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>

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

AMERISAFE, Inc. (AMSF) : Free Stock Analysis Report

International Seaways Inc. (INSW) : Free Stock Analysis Report

Mitsubishi Corp. (MSBHF) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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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