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Best Momentum Stocks to Buy for August 4th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 4th:

Impinj, Inc. (PI - Free Report) : This company which operates a cloud connectivity platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 132% over the last 60 days.

Impinj, Inc. Price and Consensus

Impinj’s shares gained 72.8% over the last three months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score of A.

Impinj, Inc. Price

Instructure Holdings, Inc. (INST - Free Report) : This company that provides cloud-based learning, assessment, development, and engagement systems has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 1% over the last 60 days.

Instructure Holdings, Inc. Price and Consensus

Instructure’s shares gained 32.7% over the last three months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score of A.

Instructure Holdings, Inc. Price

Assembly Biosciences, Inc. (ASMB - Free Report) : This clinical-stage biotechnology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.

Assembly Biosciences, Inc. Price and Consensus

Assembly’s shares gained 20.2% over the last three months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score of A.

Assembly Biosciences, Inc. Price

 

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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Impinj, Inc. (PI) - free report >>

Instructure Holdings, Inc. (INST) - free report >>

Assembly Biosciences, Inc. (ASMB) - free report >>

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