Top Ranked Momentum Stocks to Buy for April 22nd

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 22nd:

Kulicke and Soffa Industries, Inc. (KLIC): This company that manufactures, and sells capital equipment and tools has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.8% over the last 60 days.

 

Kulicke and Soffa Industries, Inc. Price and Consensus

Kulicke and Soffa Industries, Inc. Price and Consensus

Kulicke and Soffa Industries, Inc. price-consensus-chart | Kulicke and Soffa Industries, Inc. Quote

 

Kulicke and Soffa’s shares gained 15.4% over the last one month compared with the S&P 500’s growth of 7.1%. The company possesses a Momentum Score of A.

 

Kulicke and Soffa Industries, Inc. Price

Kulicke and Soffa Industries, Inc. Price

Kulicke and Soffa Industries, Inc. price | Kulicke and Soffa Industries, Inc. Quote

 

AutoNation, Inc. (AN): This automotive retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

 

AutoNation, Inc. Price and Consensus

AutoNation, Inc. Price and Consensus

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

 

AutoNation’s shares gained 10.3% over the last one month. The company possesses a Momentum Score of B.

 

AutoNation, Inc. Price

AutoNation, Inc. Price

AutoNation, Inc. price | AutoNation, Inc. Quote

 

Rocky Brands, Inc. (RCKY): This company that designs, manufactures, and markets footwear and apparel has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 49.6% over the last 60 days.

 

Rocky Brands, Inc. Price and Consensus

Rocky Brands, Inc. Price and Consensus

Rocky Brands, Inc. price-consensus-chart | Rocky Brands, Inc. Quote

 

Rocky Brands’ shares gained 22.5% over the last one month. The company possesses a Momentum Score of A.

 

Rocky Brands, Inc. Price

Rocky Brands, Inc. Price

Rocky Brands, Inc. price | Rocky Brands, Inc. Quote

 

Nucor Corporation (NUE): This company that manufactures and sells steel and steel products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

Nucor Corporation Price and Consensus

Nucor Corporation Price and Consensus

Nucor Corporation price-consensus-chart | Nucor Corporation Quote

 

Nucor’s shares gained 18.7% over the last one month. The company possesses a Momentum Score of A.

 

Nucor Corporation Price

Nucor Corporation Price

Nucor Corporation price | Nucor Corporation Quote

 

See the full list of top ranked stocks here

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

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>


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
 
Rocky Brands, Inc. (RCKY): Free Stock Analysis Report
 
Nucor Corporation (NUE): Free Stock Analysis Report
 
Kulicke and Soffa Industries, Inc. (KLIC): Free Stock Analysis Report
 
AutoNation, Inc. (AN): Free Stock Analysis Report
 
To read this article on Zacks.com click here.

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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