Best Momentum Stocks to Buy for September 3rd

Zacks
Apri Zacks
Best Momentum Stocks to Buy for September 3rd

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, September 3:

Allient Inc. ALNT: This industrial technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

Allient Inc. Price and Consensus

Allient Inc. Price and Consensus

Allient Inc. price-consensus-chart | Allient Inc. Quote

Allient's shares gained 2.2% over the last three months compared with the S&P 500’s decline of 1.3%. The company possesses a Momentum Score of A.

Allient Inc. Price

Allient Inc. Price

Allient Inc. price | Allient Inc. Quote

Cricut, Inc. CRCT: This crafting and creative technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 128.6% over the last 60 days.

Cricut, Inc. Price and Consensus

Cricut, Inc. Price and Consensus

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

Cricut’s shares gained 43.4% over the last three months compared with the S&P 500’s decline of 1.3%. The company possesses a Momentum Score of B.

Cricut, Inc. Price

Cricut, Inc. Price

Cricut, Inc. price | Cricut, Inc. Quote

See the full list of top ranked stocks here

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

Research Chief Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

Free: See Our Top Stock And 4 Runners Up

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


 
Cricut, Inc. (CRCT): Free Stock Analysis Report
 
Allient Inc. (ALNT): Free Stock Analysis Report

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

Zacks Investment Research