Best Momentum Stocks to Buy for August 20th

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Best Momentum Stocks to Buy for August 20th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 20:

Madison Square Garden Entertainment Corp. MSGE: This live entertainment 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.

Madison Square Garden Entertainment Corp. Price and Consensus

Madison Square Garden Entertainment Corp. Price and Consensus

Madison Square Garden Entertainment Corp. price-consensus-chart | Madison Square Garden Entertainment Corp. Quote

Madison Square Garden’s shares gained 18.8% over the last three months compared with the S&P 500’s advance of 3.5%. The company possesses a Momentum Score  of A.

Madison Square Garden Entertainment Corp. Price

Madison Square Garden Entertainment Corp. Price

Madison Square Garden Entertainment Corp. price | Madison Square Garden Entertainment Corp. Quote

Outdoor Holding Company POWW: This online marketplace company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 160% over the last 60 days.

Outdoor Holding Company Price and Consensus

Outdoor Holding Company Price and Consensus

Outdoor Holding Company price-consensus-chart | Outdoor Holding Company Quote

Outdoor Holding’s shares gained 13.4% over the last three months compared with the S&P 500’s advance of 3.5%. The company possesses a Momentum Score of A.

Outdoor Holding Company Price

Outdoor Holding Company Price

Outdoor Holding Company price | Outdoor Holding Company Quote

Howmet Aerospace Inc. HWM: This company that provides advanced engineered solutions for the aerospace and transportation sectors has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Howmet Aerospace Inc. Price and Consensus

Howmet Aerospace Inc. Price and Consensus

Howmet Aerospace Inc. price-consensus-chart | Howmet Aerospace Inc. Quote

Howmet’s shares gained 9.1% over the last three months compared with the S&P 500’s advance of 3.5%. The company possesses a Momentum Score of B.

Howmet Aerospace Inc. Price

Howmet Aerospace Inc. Price

Howmet Aerospace Inc. price | Howmet Aerospace 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.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. 

See them now >>

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Howmet Aerospace Inc. (HWM): Free Stock Analysis Report
 
Madison Square Garden Entertainment Corp. (MSGE): Free Stock Analysis Report
 
Outdoor Holding Company (POWW): Free Stock Analysis Report

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

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