Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 14th:
Michelin MGDDY: This tire manufacturer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.5% over the last 60 days.
Michelin’s shares gained 0.8% over the last three months compared with the S&P 500’s decline of 9.9%. The company possesses a Momentum Score of A.
Allianz SE ALIZY: This insurance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.
Allianz’s shares gained 21.5% over the last three months compared with the S&P 500’s decline of 9.9%. The company possesses a Momentum Score of B.
Engie SA ENGIY: This energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.
Engie’s shares gained 26.8% over the last three months compared with the S&P 500’s decline of 9.9%. 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.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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Michelin (MGDDY): Free Stock Analysis Report
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Allianz SE (ALIZY): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).