Best Momentum Stocks to Buy for August 6th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 6:

Northern Trust Corporation NTRS: This wealth management company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Northern Trust’s shares gained 15.2% over the last three months compared with the S&P 500’s advance of 5.4%. The company possesses a Momentum Score  of A.

ASM International NV ASMIY: This developer and supplier of semiconductor manufacturing equipment, materials, and support services worldwide has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 9.5% over the last 60 days.

ASM International’s shares gained 13.1% over the last six months compared with the S&P 500’s advance of 11.2%. The company possesses a Momentum Score of A.

Texas Instruments Incorporated TXN: This semiconductor supplier to electronics designers and manufacturers has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9% over the last 60 days.

Texas Instruments’ shares gained 26.9% over the last six months compared with the S&P 500’s advance of 11.2%. The company possesses a Momentum Score of A.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) 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 +23.9% per year. So be sure to give these hand picked 7 your immediate attention. 

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

Zacks Investment Research