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Best Momentum Stocks to Buy for March 11th

Zacks Investment Research - Wed Mar 11, 10:10AM CDT
Best Momentum Stocks to Buy for March 11th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 11:

Enerflex Ltd. EFXT: This company that delivers modular natural gas, power, and treated water solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.5% over the last 60 days.

Enerflex Ltd. Price and Consensus

Enerflex Ltd. Price and Consensus

Enerflex Ltd. price-consensus-chart | Enerflex Ltd. Quote

Enerflex’s shares gained 39.9% over the last three months compared with the S&P 500’s decline of 0.7%. The company possesses a Momentum Score of A.

GigaCloud Technology Inc. GCT: This B2B ecommerce solutions and large parcel merchandising company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

GigaCloud’s shares gained 5.8% over the last three months compared with the S&P 500’s decline of 0.7%. The company possesses a Momentum Score of A.

Victoria's Secret & Co. VSCO: This seller of women’s intimates, apparel, and beauty products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.

Victoria's Secret’s shares gained 80.5% over the last six months compared with the S&P 500’s advance of 3%. The company possesses a Momentum Score of B.

See the full list of top ranked stocks here

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

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Victoria's Secret & Co. (VSCO): Free Stock Analysis Report
 
GigaCloud Technology Inc. (GCT): Free Stock Analysis Report
 
Enerflex Ltd. (EFXT): Free Stock Analysis Report

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

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