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Best Momentum Stocks to Buy for August 5th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 5th:

Portland General Electric Company (POR - Free Report) : This integrated electric utility company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.7% over the last 60 days.

Portland General Electric Company Price and Consensus

Portland’s shares gained 12.3% over the last three months compared with the S&P 500’s advance of 0.3%. The company possesses a Momentum Score of A.

Portland General Electric Company Price

Arista Networks, Inc. (ANET - Free Report) : This cloud networking solutions company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Arista Networks, Inc. Price and Consensus

Arista’s shares gained 10.9% over the last three months compared with the S&P 500’s advance of 0.3%. The company possesses a Momentum Score of A.

Arista Networks, Inc. Price

MGIC Investment Corporation (MTG - Free Report) : This mortgage insurance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.

MGIC Investment Corporation Price and Consensus

MGIC’s shares gained 7.8% over the last three months compared with the S&P 500’s advance of 0.3%. The company possesses a Momentum Score of A.

MGIC Investment Corporation Price

 

See the full list of top ranked stocks here

 

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


See More Zacks Research for These Tickers


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MGIC Investment Corporation (MTG) - free report >>

Portland General Electric Company (POR) - free report >>

Arista Networks, Inc. (ANET) - free report >>

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