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Best Momentum Stocks to Buy for June 11th

Zacks Investment Research - Thu Jun 11, 10:18AM CDT
Best Momentum Stocks to Buy for June 11th

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

Hewlett Packard Enterprise Company HPE: This information technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5% over the last 60 days.

Hewlett Packard Enterprise's shares gained 112% over the last three months compared with the S&P 500’s decline of 11%. The company possesses a Momentum Score of A.

Caterpillar Inc. CAT: This industrial machinery company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

Caterpillar’s shares gained 22.4% over the last three months compared with the S&P 500’s decline of 11%. The company possesses a Momentum Score of A.

Fomento Económico Mexicano, S.A.B. de C.V. FMX: This Coca-Cola bottling company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.5% over the last 60 days.

Fomento Economico Mexicano S.A.B. de C.V. Price and Consensus

Fomento Economico Mexicano S.A.B. de C.V. Price and Consensus

Fomento Economico Mexicano S.A.B. de C.V. price-consensus-chart | Fomento Economico Mexicano S.A.B. de C.V. Quote

Fomento Económico Mexicano’s shares gained 16.9% over the last three months compared with the S&P 500’s decline of 11%. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here

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

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.7% per year. So be sure to give these hand picked 7 your immediate attention. 

See them now >>

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

Zacks Investment Research

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