Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 2:
Gold.com, Inc. GOLD: This precious metals company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days.
Gold.com Inc. Price and Consensus
Gold.com Inc. price-consensus-chart | Gold.com Inc. Quote
Gold.com’s shares gained 26.1% over the last six months compared with the S&P 500’s advance of 10.9%. The company possesses a Momentum Score of A.
Gold.com Inc. Price
Gold.com Inc. price | Gold.com Inc. Quote
Electromed, Inc. ELMD: This medical device company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.
Electromed, Inc. Price and Consensus
Electromed, Inc. price-consensus-chart | Electromed, Inc. Quote
Electromed’s shares gained 52.7% over the last three months compared with the S&P 500’s advance of 11.5%. The company possesses a Momentum Score of A.
Electromed, Inc. Price
Electromed, Inc. price | Electromed, Inc. Quote
Tapestry, Inc. TPR: This lifestyle brand and accessories company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.
Tapestry, Inc. Price and Consensus
Tapestry, Inc. price-consensus-chart | Tapestry, Inc. Quote
Tapestry’s shares gained 24% over the last six months compared with the S&P 500’s advance of 10.9%. The company possesses a Momentum Score of B.
Tapestry, Inc. Price
Tapestry, Inc. price | Tapestry, Inc. Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) 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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Electromed, Inc. (ELMD): Free Stock Analysis Report
Gold.com Inc. (GOLD): Free Stock Analysis Report
Tapestry, Inc. (TPR): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).