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Top Ranked Momentum Stocks to Buy for August 3rd

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 3rd:

Lithia Motors, Inc. (LAD): This automotive retailer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 47.4% over the last 60 days.

Lithia Motors, Inc. Price and Consensus

Lithia Motors, Inc. Price and Consensus

Lithia Motors, Inc. price-consensus-chart | Lithia Motors, Inc. Quote

Lithia Motors’ shares gained 47.4% over the last one month compared with the S&P 500’s growth of 4.5%. The company possesses a Momentum Score of A.

Lithia Motors, Inc. Price

Lithia Motors, Inc. Price

Lithia Motors, Inc. price | Lithia Motors, 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 60% 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 38.5% over the last one month. The company possesses a Momentum Score of A.

AutoNation, Inc. Price

AutoNation, Inc. Price

AutoNation, Inc. price | AutoNation, Inc. Quote

Ultra Clean Holdings, Inc. (UCTT): This company that designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.7% over the last 60 days.

Ultra Clean Holdings, Inc. Price and Consensus

Ultra Clean Holdings, Inc. Price and Consensus

Ultra Clean Holdings, Inc. price-consensus-chart | Ultra Clean Holdings, Inc. Quote

Ultra Clean’s shares gained 29.7% over the last one month. The company possesses a Momentum Score of A.

Ultra Clean Holdings, Inc. Price

Ultra Clean Holdings, Inc. Price

Ultra Clean Holdings, Inc. price | Ultra Clean Holdings, Inc. Quote

Boise Cascade Company (BCC): This company that manufactures wood products and distributes building materials has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 68% over the last 60 days.

Boise Cascade, L.L.C. Price and Consensus

Boise Cascade, L.L.C. Price and Consensus

Boise Cascade, L.L.C. price-consensus-chart | Boise Cascade, L.L.C. Quote

Boise Cascade’s shares gained 26.3% over the last one month. The company possesses a Momentum Score of A.

Boise Cascade, L.L.C. Price

Boise Cascade, L.L.C. Price

Boise Cascade, L.L.C. price | Boise Cascade, L.L.C. Quote

See the full list of top ranked stocks here

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

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


Click to get this free report

Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report

Lithia Motors, Inc. (LAD): Free Stock Analysis Report

Boise Cascade, L.L.C. (BCC): Free Stock Analysis Report

AutoNation, Inc. (AN): Free Stock Analysis Report

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