Best Momentum Stocks to Buy for April 23rd
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 23:
Onto Innovation Inc. ONTO: This manufacturer of process control tools for optical metrology has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 9% over the last 60 days.
Onto Innovation Inc. Price and Consensus
Onto Innovation Inc. price-consensus-chart | Onto Innovation Inc. Quote
Onto’s shares gained 43.8% over the last three months compared with the S&P 500’s advance of 2.7%. The company possesses a Momentum Score of A.
Northern Trust Corporation NTRS: This wealth management company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 5.9% over the last 60 days.
Northern Trust Corporation Price and Consensus
Northern Trust Corporation price-consensus-chart | Northern Trust Corporation Quote
Northern Trust’s shares gained 12.1% over the last three months compared with the S&P 500’s advance of 2.7%. The company possesses a Momentum Score of A.
FTAI Aviation Ltd. FTAI: This aviation equipment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.
FTAI Aviation Ltd. Price and Consensus
FTAI Aviation Ltd. price-consensus-chart | FTAI Aviation Ltd. Quote
FTAI’s shares gained 25.4% over the last six months compared with the S&P 500’s advance of 5%. The company possesses a Momentum Score of B.
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 the Momentum score and how it is calculated here.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).
