Markets

Top Ranked Momentum Stocks to Buy for June 12th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 12th:

Axovant Sciences Ltd. (AXON): This manufacturer of precision and specialty motion control componentshas a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 1.4% over the last 60 days.

Axovant Sciences Ltd. Price and Consensus

Axovant Sciences Ltd. price-consensus-chart | Axovant Sciences Ltd. Quote

Axovant's shares gained more than 100% over the last one month more than S&P 500's gain of 2.6%. The company possesses a Momentum Score of A.

Axovant Sciences Ltd. Price

Axovant Sciences Ltd. price | Axovant Sciences Ltd. Quote

Anadarko Petroleum Corporation (APC): This explorer and producer of oil and natural gas has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 59.7% over the last 60 days.

Anadarko Petroleum Corporation Price and Consensus

Anadarko Petroleum Corporation price-consensus-chart | Anadarko Petroleum Corporation Quote

Anadarko Petroleum's shares gained 2.9% over the last one month. The company possesses a Momentum Score of B.

Anadarko Petroleum Corporation Price

Anadarko Petroleum Corporation price | Anadarko Petroleum Corporation Quote

Altair Engineering Inc. (ALTR): This provider of enterprise-class engineering software has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 3.9% over the last 60 days.

Altair Engineering Inc. Price and Consensus

Altair Engineering Inc. price-consensus-chart | Altair Engineering Inc. Quote

Altair's shares gained 6.6% over the last one month. The company possesses a Momentum Score of A.

Altair Engineering Inc. Price

Altair Engineering Inc. price | Altair Engineering Inc. Quote

Athersys, Inc. (ATHX): This operator of a biotechnology company has a Zacks Rank #2 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 29.4% over the last 60 days.

Athersys, Inc. Price and Consensus

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

Athersys' shares gained 8.9% over the last one month. The company possesses a Momentum Score of B.

Athersys, Inc. Price

Athersys, Inc. price | Athersys, Inc. Quote

See the full list of top ranked stocks here

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

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>

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

Axovant Sciences Ltd. (AXON): Free Stock Analysis Report

Athersys, Inc. (ATHX): Free Stock Analysis Report

Anadarko Petroleum Corporation (APC): Free Stock Analysis Report

Altair Engineering Inc. (ALTR): 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

ALTR ATHX

Other Topics

Investing Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More