Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 7th:
Applied Materials AMAT: This company, which is a is a leading supplier of equipment used to manufacture semiconductor devices, flat panel displays and solar photovoltaic (PV) products, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days.
Applied Materials, Inc. Price and Consensus
Applied Materials, Inc. price-consensus-chart | Applied Materials, Inc. Quote
Applied Materials' shares gained 53.9% over the last three month compared with the S&P 500’s gain of 11.2%. The company possesses a Momentum Score of A.
Applied Materials, Inc. Price
Applied Materials, Inc. price | Applied Materials, Inc. Quote
Onto Innovation ONTO: This company, which engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States and internationally, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.5% over the last 60 days.
Onto Innovation Inc. Price and Consensus
Onto Innovation Inc. price-consensus-chart | Onto Innovation Inc. Quote
Onto Innovation's shares gained 26.4% over the last three month compared with the S&P 500’s gain of 11.2%. The company possesses a Momentum Score of A.
Onto Innovation Inc. Price
Onto Innovation Inc. price | Onto Innovation Inc. Quote
Bassett Furniture Industries BSET: This company, which is a leading manufacturer and marketer of high quality, mid-priced home furnishings, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.
Bassett Furniture Industries, Incorporated Price and Consensus
Bassett Furniture Industries, Incorporated price-consensus-chart | Bassett Furniture Industries, Incorporated Quote
Bassett Furniture Industries' shares gained 39.4% over the last three month compared with the S&P 500’s gain of 11.1%. The company possesses a Momentum Score of B.
Bassett Furniture Industries, Incorporated Price
Bassett Furniture Industries, Incorporated price | Bassett Furniture Industries, Incorporated Quote
See the full list of top ranked 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 >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
Bassett Furniture Industries, Incorporated (BSET): Free Stock Analysis Report
Onto Innovation Inc. (ONTO): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).