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Best Momentum Stocks to Buy for April 7th

Zacks Investment Research - Tue Apr 7, 10:24AM CDT
Best Momentum Stocks to Buy for April 7th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 7: 

Brookfield Renewable Partners L.P. BEP: This renewable energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.2% over the last 60 days. 

Brookfield Renewable Partners’ shares gained 26.0% over the last three months compared with the S&P 500’s decline of 4.6%. The company possesses a Momentum Score of A. 

Occidental Petroleum Corporation OXY: This oil and gas exploration and production company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 377% over the last 60 days. 

Occidental Petroleum Corporation’s shares gained 46.4% over the last three months compared with the S&P 500’s decline of 4.6%. The company possesses a Momentum Score of A. 

YPF Sociedad Anónima YPF: This energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 56.1% over the last 60 days. 

YPF Sociedad Anónima’s shares gained 29.9% over the past three months compared with the S&P 500’s decline of 4.6%. The company possesses a Momentum Score of A. 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here

Check out this week’s current list of Best Stocks to Buy Now.

Learn more about theMomentum score and how it is calculated here

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include

Stock #1: A Disruptive Force with Notable Growth and Resilience

Stock #2: Bullish Signs Signaling to Buy the Dip

Stock #3: One of the Most Compelling Investments in the Market

Stock #4: Leader In a Red-Hot Industry Poised for Growth

Stock #5: Modern Omni-Channel Platform Coiled to Spring

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. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.

See Our Newest 5 Stocks Set to Double Picks >>

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

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