Best Momentum Stocks to Buy for June 16th

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Best Momentum Stocks to Buy for June 16th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 16:

ArcBest Corporation ARCB: This logistics company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.8% over the last 60 days.

ArcBest Corporation Price and Consensus

ArcBest Corporation Price and Consensus

ArcBest Corporation price-consensus-chart | ArcBest Corporation Quote

ArcBest's shares gained 91.1% over the last three months compared with the S&P 500’s decline of 10.8%. The company possesses a Momentum Score of A.

ArcBest Corporation Price

ArcBest Corporation Price

ArcBest Corporation price | ArcBest Corporation Quote

Everus Construction Group, Inc. ECG: This contracting services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

Everus Construction Group, Inc. Price and Consensus

Everus Construction Group, Inc. Price and Consensus

Everus Construction Group, Inc. price-consensus-chart | Everus Construction Group, Inc. Quote

Everus Construction Group’s shares gained 34.3% over the last three months compared with the S&P 500’s decline of 10.8%. The company possesses a Momentum Score of A.

Everus Construction Group, Inc. Price

Everus Construction Group, Inc. Price

Everus Construction Group, Inc. price | Everus Construction Group, Inc. Quote

G-III Apparel Group, Ltd. GIII: This apparel company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.

G-III Apparel Group, LTD. Price and Consensus

G-III Apparel Group, LTD. Price and Consensus

G-III Apparel Group, LTD. price-consensus-chart | G-III Apparel Group, LTD. Quote

G-III Apparel’s shares gained 34.9% over the last three months compared with the S&P 500’s decline of 10.8%. The company possesses a Momentum Score of B.

G-III Apparel Group, LTD. Price

G-III Apparel Group, LTD. Price

G-III Apparel Group, LTD. price | G-III Apparel Group, LTD. Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

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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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G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report
 
ArcBest Corporation (ARCB): Free Stock Analysis Report
 
Everus Construction Group, Inc. (ECG): Free Stock Analysis Report

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

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