Best Momentum Stocks to Buy for August 31st

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Best Momentum Stocks to Buy for August 31st

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 31:

Onto Innovation Inc. ONTO: This semiconductor equipment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.

Onto Innovation Inc. Price and Consensus

Onto Innovation Inc. Price and Consensus

Onto Innovation Inc. price-consensus-chart | Onto Innovation Inc. Quote

Onto Innovation's shares gained 5.9% over the last three months compared with the S&P 500’s decline of 1.8%. The company possesses a Momentum Score of A.

Onto Innovation Inc. Price

Onto Innovation Inc. Price

Onto Innovation Inc. price | Onto Innovation Inc. Quote

Quaker Chemical Corporation KWR: This industrial process fluids company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

Quaker Houghton Price and Consensus

Quaker Houghton Price and Consensus

Quaker Houghton price-consensus-chart | Quaker Houghton Quote

Quaker's shares gained 16.8% over the last three months compared with the S&P 500’s decline of 1.8%. The company possesses a Momentum Score of A.

Quaker Houghton Price

Quaker Houghton Price

Quaker Houghton price | Quaker Houghton Quote

Cracker Barrel Old Country Store, Inc. CBRL: This restaurant and retail company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 108.4% over the last 60 days.

Cracker Barrel Old Country Store, Inc. Price and Consensus

Cracker Barrel Old Country Store, Inc. Price and Consensus

Cracker Barrel Old Country Store, Inc. price-consensus-chart | Cracker Barrel Old Country Store, Inc. Quote

Cracker Barrel Old Country's shares gained 59.5% over the last three months compared with the S&P 500’s decline of 1.8%. The company possesses a Momentum Score of B.

Cracker Barrel Old Country Store, Inc. Price

Cracker Barrel Old Country Store, Inc. Price

Cracker Barrel Old Country Store, Inc. price | Cracker Barrel Old Country Store, Inc. Quote

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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Cracker Barrel Old Country Store, Inc. (CBRL): Free Stock Analysis Report
 
Quaker Houghton (KWR): Free Stock Analysis Report
 
Onto Innovation Inc. (ONTO): Free Stock Analysis Report

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

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