Best Momentum Stocks to Buy for August 10th

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Best Momentum Stocks to Buy for August 10th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 10:

Avnet, Inc. AVT: This electronics distribution company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.4% over the last 60 days.

Avnet, Inc. Price and Consensus

Avnet, Inc. Price and Consensus

Avnet, Inc. price-consensus-chart | Avnet, Inc. Quote

Avnet's shares gained 17.0% over the last three months compared with the S&P 500’s decline of 5.1%. The company possesses a Momentum Score of A.

Avnet, Inc. Price

Avnet, Inc. Price

Avnet, Inc. price | Avnet, Inc. Quote

The GEO Group, Inc. GEO: This diversified government services provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

Geo Group Inc (The) Price and Consensus

Geo Group Inc (The) Price and Consensus

Geo Group Inc (The) price-consensus-chart | Geo Group Inc (The) Quote

The GEO’s shares gained 43.4% over the last three months compared with the S&P 500’s decline of 5.1%. The company possesses a Momentum Score of B.

Geo Group Inc (The) Price

Geo Group Inc (The) Price

Geo Group Inc (The) price | Geo Group Inc (The) Quote

Envista Holdings Corporation NVST: This dental products 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.

Envista Holdings Corporation Price and Consensus

Envista Holdings Corporation Price and Consensus

Envista Holdings Corporation price-consensus-chart | Envista Holdings Corporation Quote

Envista’s shares gained 16.4% over the last three months compared with the S&P 500’s decline of 5.1%. The company possesses a Momentum Score of A.

Envista Holdings Corporation Price

Envista Holdings Corporation Price

Envista Holdings Corporation price | Envista Holdings Corporation Quote

See the full list of top ranked 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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Avnet, Inc. (AVT): Free Stock Analysis Report
 
Geo Group Inc (The) (GEO): Free Stock Analysis Report
 
Envista Holdings Corporation (NVST): Free Stock Analysis Report

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

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