Top Ranked Momentum Stocks to Buy for April 2nd

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 2nd:

Euronav NV (EURN): This company that engages in the transportation and storage of crude oil and petroleum products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.6% over the last 60 days.

Euronav NV Price and Consensus

Euronav NV Price and Consensus

Euronav NV price-consensus-chart | Euronav NV Quote

Euronav’s shares gained 18.1% over the last one month in contrast the S&P 500 declined 14.4%. The company possesses a Momentum Score of B.

Euronav NV Price

Euronav NV Price

Euronav NV price | Euronav NV Quote

Aytu BioScience, Inc. (AYTU): This specialty pharmaceutical company that focuses on developing and commercializing novel products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

Aytu Bioscience, Inc. Price and Consensus

Aytu Bioscience, Inc. Price and Consensus

Aytu Bioscience, Inc. price-consensus-chart | Aytu Bioscience, Inc. Quote

Aytu BioScience’s shares gained more than 100% over the last one month. The company possesses a Momentum Score of A.

Aytu Bioscience, Inc. Price

Aytu Bioscience, Inc. Price

Aytu Bioscience, Inc. price | Aytu Bioscience, Inc. Quote

DHT Holdings, Inc. (DHT): This company that owns and operates crude oil tankers has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 41.6% over the last 60 days.

DHT Holdings, Inc. Price and Consensus

DHT Holdings, Inc. Price and Consensus

DHT Holdings, Inc. price-consensus-chart | DHT Holdings, Inc. Quote

DHT Holdings’ shares gained 21.4% over the last one month. The company possesses a Momentum Score of A.

DHT Holdings, Inc. Price

DHT Holdings, Inc. Price

DHT Holdings, Inc. price | DHT Holdings, Inc. Quote

Novan, Inc. (NOVN): This clinical development-stage biotechnology company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.

Novan Inc. Price and Consensus

Novan Inc. Price and Consensus

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

Novan’s shares gained more than 100% over the last one month. The company possesses a Momentum Score of B.

Novan Inc. Price

Novan Inc. Price

Novan Inc. price | Novan Inc. Quote

See the full list of top ranked stocks here

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

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


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
 
Novan Inc. (NOVN): Free Stock Analysis Report
 
Euronav NV (EURN): Free Stock Analysis Report
 
DHT Holdings, Inc. (DHT): Free Stock Analysis Report
 
Aytu Bioscience, Inc. (AYTU): 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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