Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, July 9:
Traeger, Inc. COOK: This outdoor cooking equipment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.
Traeger, Inc. Price and Consensus
Traeger, Inc. price-consensus-chart | Traeger, Inc. Quote
Traeger's shares gained 113.8% over the last three months compared with the S&P 500’s decline of 10.2%. The company possesses a Momentum Score of A.
Traeger, Inc. Price
Traeger, Inc. price | Traeger, Inc. Quote
Block, Inc. XYZ: This fintech company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.
Block, Inc. Price and Consensus
Block, Inc. price-consensus-chart | Block, Inc. Quote
Block’s shares gained 23.1% over the last three months compared with the S&P 500’s decline of 10.2%. The company possesses a Momentum Score of B.
Block, Inc. Price
Block, Inc. price | Block, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power .
Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.
See Top Quantum Stocks 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
Traeger, Inc. (COOK): Free Stock Analysis Report
Block, Inc. (XYZ): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).