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Best Momentum Stock to Buy for August 26th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 26th:

Grupo Supervielle (SUPV - Free Report) : This private domestically-owned financial group primarily in Argentina, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days.

Grupo Supervielle’s shares gained 7.3% over the last three month compared with the S&P 500’s gain of 6.2%. The company possesses a Momentum Score of A.

Fabrinet (FN - Free Report) : This company which provides precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and sub-systems, industrial lasers and sensors, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.

Fabrinet Price and Consensus

Fabrinet Price and Consensus

Fabrinet price-consensus-chart | Fabrinet Quote

Fabrinet’s shares gained 8.7% over the last three month compared with the S&P 500’s gain of 6.2%. The company possesses a Momentum Score of A.

Qifu Technology, Inc. (QFIN - Free Report) : This credit-tech platform principally in China which provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.9% over the last 60 days.

Qifu Technology’s shares gained 25.2% over the last three month compared with the S&P 500’s gain of 6.2%. 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.


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Fabrinet (FN) - free report >>

Grupo Supervielle S.A. (SUPV) - free report >>

Qifu Technology, Inc. (QFIN) - free report >>

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