Best Momentum Stocks to Buy for August 11th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 11th:

Tutor Perini Corporation TPC: This construction company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 55.4% over the last 60 days.

Tutor Perini’s shares gained 60.7% over the last three months compared with the S&P 500’s advance of 9.4%. The company possesses a Momentum Score  of A.

Gilat Satellite’s shares gained 33.2% over the last three months compared with the S&P 500’s advance of 9.4%. The company possesses a Momentum Score of A.

Watts Water Technologies, Inc. WTS: This leading manufacturer of water quality solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

See the full list of top ranked stocks here

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

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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

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