Best Momentum Stocks to Buy for June 12th

Here is a stock with buy rank and strong momentum characteristics for investors to consider today, June 12^th:

Balfour Beatty PLC Sponsored ADR BLFBY: This global infrastructure company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.

Balfour’s shares gained 18.4% over the last three months compared with the S&P 500’s advance of 9.2%. 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.

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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This article originally published on Zacks Investment Research (zacks.com).

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