Markets

Top Ranked Momentum Stocks to Buy for June 12th

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

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

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

Zacks' 2017 IPO Watch List

Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.

One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today 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

Chemours Company (The) (CC): Free Stock Analysis Report

Best Buy Co., Inc. (BBY): Free Stock Analysis Report

Applied Materials, Inc. (AMAT): Free Stock Analysis Report

Applied Optoelectronics, Inc. (AAOI): 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.


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

In This Story

AAOI BBY CC AMAT

Other Topics

Investing Stocks

Latest Markets Videos