We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies. In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Shutterstock
Best Momentum Stocks to Buy for June 24th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 24th:
The Kroger Co. (KR - Free Report) : This company which operates in the thin-margin grocery industry, has been undergoing a complete makeover, not only with respect to products but also in terms of the way consumers prefer shopping grocery, it has a Zacks Rank #1(Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.
The Kroger Co. Price and Consensus
The Kroger Co. price-consensus-chart | The Kroger Co. Quote
The Kroger’s shares gained 10.1% over the last six months compared with the S&P 500’s decline of 20.7%. The company possesses a Momentum Score of A.
The Kroger Co. Price
The Kroger Co. price | The Kroger Co. Quote
PetroChina : This largest integrated oil company in China which is one of the largest producers of crude oil and natural gas in the world, it has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 10.6% over the last 60 days.
PetroChina Company Limited Price and Consensus
PetroChina Company Limited price-consensus-chart | PetroChina Company Limited Quote
PetroChina’s shares gained 5.5% over the last six months compared with the S&P 500’s decline of 20.7%. The company possesses a Momentum Score of B
PetroChina Company Limited Price
PetroChina Company Limited price | PetroChina Company Limited Quote
Eagle Bulk Shipping : This shipping company which is the largest U.S-based owner of Handymax dry bulk vessels, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.
Eagle Bulk Shipping Inc. Price and Consensus
Eagle Bulk Shipping Inc. price-consensus-chart | Eagle Bulk Shipping Inc. Quote
Eagle Bulk Shipping’s shares gained 27.4% over the last six months compared with the S&P 500’s decline of 20.7%. The company possesses a Momentum Score of B.
Eagle Bulk Shipping Inc. Price
Eagle Bulk Shipping Inc. price | Eagle Bulk Shipping Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.