Technology

Top Ranked Momentum Stocks to Buy for April 16th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 16th:

Spectrum Brands Holdings, Inc. (SPB): This branded consumer products company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.2% over the last 60 days.

Spectrum Brands Holdings Inc. Price and Consensus

Spectrum Brands Holdings Inc. Price and Consensus

Spectrum Brands Holdings Inc. price-consensus-chart | Spectrum Brands Holdings Inc. Quote

Spectrum Brands’ shares gained 6.3% over the last one month against the S&P 500’s rise of 2.9%. The company possesses a Momentum Score of A.

Spectrum Brands Holdings Inc. Price

Spectrum Brands Holdings Inc. Price

Spectrum Brands Holdings Inc. price | Spectrum Brands Holdings Inc. Quote

Thermo Fisher Scientific Inc. (TMO): This analytical and other instruments provider has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.1% over the last 60 days.

Thermo Fisher Scientific Inc. Price and Consensus

Thermo Fisher Scientific Inc. Price and Consensus

Thermo Fisher Scientific Inc. price-consensus-chart | Thermo Fisher Scientific Inc. Quote

Thermo Fisher Scientific’s shares gained 5.2% over the last one month. The company possesses a Momentum Score of B.

Thermo Fisher Scientific Inc. Price

Thermo Fisher Scientific Inc. Price

Thermo Fisher Scientific Inc. price | Thermo Fisher Scientific Inc. Quote

Varian Medical Systems, Inc. (VAR): This medical devices manufacturer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.

Varian Medical Systems, Inc. Price and Consensus

Varian Medical Systems, Inc. Price and Consensus

Varian Medical Systems, Inc. price-consensus-chart | Varian Medical Systems, Inc. Quote

Varian Medical Systems’ shares gained 4.3% over the last one month. The company possesses a Momentum Score of B.

Varian Medical Systems, Inc. Price

Varian Medical Systems, Inc. Price

Varian Medical Systems, Inc. price | Varian Medical Systems, Inc. Quote

Arconic Inc. (ARNC): This lightweight metals manufacturer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.5% over the last 60 days.

Arconic Inc. Price and Consensus

Arconic Inc. Price and Consensus

Arconic Inc. price-consensus-chart | Arconic Inc. Quote

Arconic’s shares gained 7.6% over the last one month. The company possesses a Momentum Score of B.

Arconic Inc. Price

Arconic Inc. Price

Arconic Inc. price | Arconic 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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Varian Medical Systems, Inc. (VAR): Free Stock Analysis Report

Thermo Fisher Scientific Inc. (TMO): Free Stock Analysis Report

Spectrum Brands Holdings Inc. (SPB): Free Stock Analysis Report

Arconic Inc. (ARNC): 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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