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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, July 9th:
Koninklijke Philips N.V. (PHG - Free Report) : This health technology company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.
Sanmina Corporation (SANM - Free Report) : This integrated manufacturing solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days.
SYNNEX Corporation (SNX - Free Report) : This business process services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.
MagnaChip Semiconductor Corporation (MX - Free Report) : This manufacturer of analog and mixed-signal semiconductor platform solutions has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 65.9% over the last 60 days.
MagnaChip Semiconductor Corporation Price and Consensus
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Image: Bigstock
Top Ranked Momentum Stocks to Buy for July 9th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, July 9th:
Koninklijke Philips N.V. (PHG - Free Report) : This health technology company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.
Koninklijke Philips N.V. Price and Consensus
Koninklijke Philips N.V. price-consensus-chart | Koninklijke Philips N.V. Quote
Koninklijke Philips’s shares gained 8% over the last one month more than S&P 500’s rise of 3%. The company possesses a Momentum Score of B.
Koninklijke Philips N.V. Price
Koninklijke Philips N.V. price | Koninklijke Philips N.V. Quote
Sanmina Corporation (SANM - Free Report) : This integrated manufacturing solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days.
Sanmina Corporation Price and Consensus
Sanmina Corporation price-consensus-chart | Sanmina Corporation Quote
Sanmina’s shares gained 5% over the last one month. The company possesses a Momentum Score of B.
Sanmina Corporation Price
Sanmina Corporation price | Sanmina Corporation Quote
SYNNEX Corporation (SNX - Free Report) : This business process services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.
SYNNEX Corporation Price and Consensus
SYNNEX Corporation price-consensus-chart | SYNNEX Corporation Quote
SYNNEX’s shares gained 6.3% over the last one month. The company possesses a Momentum Score of A.
SYNNEX Corporation Price
SYNNEX Corporation price | SYNNEX Corporation Quote
MagnaChip Semiconductor Corporation (MX - Free Report) : This manufacturer of analog and mixed-signal semiconductor platform solutions has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 65.9% over the last 60 days.
MagnaChip Semiconductor Corporation Price and Consensus
MagnaChip Semiconductor Corporation price-consensus-chart | MagnaChip Semiconductor Corporation Quote
MagnaChip Semiconductor'sshares gained 13.2% over the last one month. The company possesses a Momentum Score of A.
MagnaChip Semiconductor Corporation Price
MagnaChip Semiconductor Corporation price | MagnaChip Semiconductor Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>